📢 News Flash! FTX has finally sold its Solana (SOL) tokens at a deep discount to Pantera Capital and Figure Markets. The tokens, valued at $2.6 billion, sold for $102 each, a bargain compared to SOL's current price of $168. 🚀

Figure Markets acquired 800,000 SOL tokens in the auction, while Pantera Capital acquired the rest. However, not everyone is happy with assets being sold at such low prices. Sunil Kavuri, an FTX creditor, criticized the sale, arguing that the assets should have been returned to the affected parties.

Despite the controversy, SOL continues to show strong price performance. What do you think of this discounted SOL sale? Do you think it was fair for the creditors? Share your thoughts in the comments! 💭

📣 Attention crypto enthusiasts! The US SEC has approved several Ether ETFs, although this has not boosted the cryptocurrency markets. Does it mean that the decision was already factored into the price? 🤔

Meanwhile, Bitcoin remains in sideways price action, but Tom Lee of Fundstrat Global Advisors remains extremely bullish, forecasting a Bitcoin price of $150,000 by the end of the year. 💰

As for Ether, buyers and sellers are in a constant fight, but it is expected that once money starts flowing into Ether ETFs, the spot market will respond favorably.

What do you think? Do you think Bitcoin and Ether can recover from their immediate support levels? Comment below! 👇

🚀Coinbase challenges the SEC in a legal case that could change the way cryptocurrencies are regulated. The cryptocurrency exchange argues that the SEC is attempting to circumvent the Howey test, a legal criterion for determining what constitutes an offering of securities. Coinbase maintains that no court has required a post-sale contractual commitment for the Howey app, making the issue ripe for a court decision. What do you think of this legal confrontation? Comment below! 💬

🚨Attention crypto-investors! The law firm Sullivan & Cromwell LLP, which oversaw FTX's bankruptcy, was cleared of suspicion of fraud. Following an independent investigation, it was discovered that the firm was unaware of the dire financial situation and underlying fraud that led to the collapse of the once-thriving cryptocurrency exchange.

Despite the turbulence, we remain optimistic about BTC 🚀 What do you think of this turn of events? Do you think the law firm should have been more aware of the FTX situation? Share your thoughts in the comments!

Remember, in the world of cryptocurrencies, transparency and diligence are key to maintaining market trust. Stay informed and always invest with caution.#CryptoNews#FTX #Blockchain

🚀Elon Musk, the billionaire behind Tesla and SpaceX, has reaffirmed his fear of artificial intelligence (AI). At the VivaTech 2024 event in Paris, Musk suggested that AI could outperform humans in all tasks, relegating us to making “sense” of AI. Additionally, his AI company “xAI” has raised $6 billion in funding, valuing the company at $18 billion. While Musk acknowledges that xAI is still behind industry leaders like OpenAI and DeepMind, he expects it to catch up by the end of 2024. What do you think of Musk's vision for AI? Comment below. 👇

🚨Crypto news! Terraform Labs co-founder Do Kwon awaits the decision of the Supreme Court of Montenegro on his extradition to the US or South Korea. Kwon faces criminal charges in both countries. He was arrested in Montenegro in March 2023 for using falsified travel documents. In April, a US court found Terraform and Kwon guilty of fraud. What do you think will happen? Comment below! 💬

📢 In the latest episode of Hashing It Out, Anurag Arjun, co-founder of Avail, spoke about the fragmentation of the Web3 ecosystem and Avail's role in its unification. He explains that the increasing number of layer-1 and layer-2 blockchains can be disruptive due to fragmentation and user confusion. Avail seeks to address this by providing a scalable and reliable base layer for rollups, allowing the creation of numerous blockchains with different execution environments. Arjun also highlights the importance of data availability and zero-knowledge proof technology. Additionally, it discusses the challenges of airdropping in 2024, emphasizing the need for clear communication and realistic expectations. Avail recently announced a $600 million token airdrop that rewarded users across several networks. Arjun concludes with optimism about the future of Web3. 🚀 What do you think of innovations in blockchain? Comment below!

📢 News Flash! Ripple CEO Brad Garlinghouse has come under fire after claiming that the US government is going after Tether. Paolo Ardoino, CEO of Tether, and Samson Mow, CEO of Jan3, have responded to Garlinghouse, accusing him of spreading FUD (fear, uncertainty and doubt) about Tether. Despite the criticism, Garlinghouse insists that Tether is a vital part of the cryptocurrency ecosystem. What do you think? Is this a strategy by Ripple to compete with Tether and Bitcoin or is there something else at play? Comment below! 💬#Ripple#Tether #Bitcoin

🚨 Attention cryptocurrency miners in Abu Dhabi! The Agriculture and Food Safety Authority has banned crypto mining on farms, considering it a "misuse" of them. The fine for violating this rule can be up to 10,000 UAE dirhams ($2,722). Despite this restriction, the UAE has stood out as a pro-Bitcoin mining territory in the Middle East. What do you think of this measure? Do you think it will affect Bitcoin mining in the UAE? Comment below! 💬

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📣 Attention crypto-enthusiasts! Despite the celebration over the approval of Ether ETFs in the US, Mona El Isa, founder of Avantgarde Finance, criticizes their centralized nature. 🏦 According to El Isa, ETFs are introducing outdated technology into crypto products, undermining their purpose. Although these ETFs appeal to traditional finance, El Isa argues that they miss out on the core benefits of Ethereum's decentralization and disintermediation. 🚀 Despite this, some industry executives see the approval of the Ether ETF as a positive step for the crypto industry. What do you think? 💭 Comment below!#CryptoNews#ETF #Ethereum

📢 Attention crypto-investors! Community-driven crypto project CatCoin (CAT) has issued a warning to BitForex, a cryptocurrency exchange, over issues with withdrawal of CAT tokens. 🐱

The CatCoin team threatens legal action against BitForex and its former CEO, Jason Luo, if their complaints are not resolved. Despite attempts at contact, BitForex has remained silent.

BitForex, which was one of the leading global exchanges, suddenly closed in February 2024, leaving users worried about the fate of their assets.

The CatCoin team alleges that Jason Luo continues to control BitForex activities, despite his official resignation as CEO.

What do you think of this situation? Have you had problems with BitForex? Share your experiences in the comments! 💬

🚀 Following the increase in Venmo fees, Dan Romero, co-founder of Farcaster, proposes a stablecoin payments app for freelancers in the US. Romero sees stablecoins as a solution for workers subject to IRS Form 1099. Coinbase CEO Brian Armstrong backed the idea, noting that the Circle USD (USDC) stablecoin on Base is “giving it a shot.” Do you think cryptocurrencies could be the solution to high transaction fees? Share your opinion in the comments! 💬

📣 Attention crypto-investors! The US SEC has approved the Ether (ETH) Spot ETF, but with a different approval process than the Bitcoin (BTC) ETF in January. While the BTC ETF was approved by a vote of a five-member committee, the ETH ETF was approved by the SEC's Division of Trading and Markets.

Despite the crypto community's curiosity, Bloomberg ETF analyst James Seyffart considers it a "norm." However, some users are not convinced and suggest that the decision may be challenged in the next 10 days.

Another key difference is that the 11 BTC ETFs began trading the day after their approval, while the ETH ETF could take weeks or even months to trade.

What do you think of these differences in the approval processes? Share your thoughts in the comments! 💭

📣 Attention crypto-enthusiasts! BTC and ETH fell 3.5% on May 24, despite the approval of Ether ETFs by US regulators. 📉 BTC remains near $67,000, while ETH hovers around $3,670. Although this is a great achievement for the crypto industry, ETFs are not yet ready for trading. What do you think of this shift in SEC policy? Do you think the approval of Ethereum ETFs could challenge Bitcoin's dominance in the crypto market? 🤔 Share your thoughts in the comments!#CryptoNews#BTC #ETH

📢 Attention crypto-enthusiasts! AI company Rabbit has responded to accusations of facilitating a non-fungible token (NFT) scam and trying to cover it up. YouTube researcher Stephen Findeisen pointed out the company's rebranding from Cyber ​​Manufacture Co. to Rabbit, which apparently went unnoticed. A Rabbit spokesperson stated that Rabbit and the Gama project were separate ideas and companies under the same company. Additionally, the spokesperson said that more than 80% of Rabbit's current employees joined after the rebranding. What do you think of this controversy? Leave us your comments! 💬

📣 Attention crypto-investors! The US Supreme Court has struck down Coinbase's user agreement, allowing district courts to resolve sweepstakes disputes involving Dogecoin rewards. Coinbase had launched a Dogecoin giveaway promotional event in June 2021, but conflicts arose over dispute resolution. The courts will now have sole jurisdiction over disputes related to Coinbase's sweepstakes promotion. What do you think about this decision? Comment below! 🚀

📢 Binance executive Tigran Gambaryan collapses in full trial in Nigeria. Charged with foreign exchange violations and money laundering by the Economic and Financial Crimes Commission (EFCC), Gambaryan collapsed during the proceedings. His lawyer, Mark Mordi, requested a postponement of his client's medical treatment. The trial will resume on June 20 and 21. Gambaryan and Binance also face charges of tax evasion. Do you think these accusations will affect the future of BTC? Comment below! 💬

📣 Kabosu, the Shiba Inu who became the face of the famous "Doge" meme and the Dogecoin cryptocurrency, died on May 24 at the age of 17. His image, which went viral in 2010, symbolizes the community spirit of crypto culture and will continue to inspire future generations of meme culture. Despite starting out as a joke, Dogecoin became a major cryptocurrency, fueling several charitable initiatives. What is your favorite Kabosu memory? Share in the comments. 🐕‍🦺

🚀Elon Musk, the billionaire technology entrepreneur, has expressed concern about bias in current artificial intelligence (AI) protocols. During his speech at Viva Tech Paris 2024, Musk noted that AIs do not seek the truth to the fullest, but rather lean towards political correctness. In response to these issues, Musk established his own AI company, xAI, in July 2023. xAI could become a close competitor to ChatGPT by the end of 2024. Musk emphasized the importance of "truth-seeking" capabilities in the future development of AI. What do you think of Musk's vision for AI? Comment below! 🤖