🚀Binance co-founder Yi He has called out Elon Musk's X.com for not doing enough to curb crypto scams. She highlighted an impersonation scam on the platform, using her name to lure users into a fake Binance-backed memecoin scheme. Scam Sniffer reports that X.com is a hotbed for such scams, with nearly $50M lost monthly due to account impersonation. Musk, who has previously pledged to tackle "bot" and "spam" issues, has yet to respond to He's post. So, folks, remember: if it sounds too good to be true, it probably is! Stay safe in the crypto jungle! 🐒

🤖 OpenAI, the AI company with a cool $86 billion private valuation, may be saying goodbye to its capped-profit model. CEO Sam Altman has hinted at a shift to a full-profit model, which could see the non-profit board lose control. The move is seen as a way to incentivize research in artificial general intelligence (AGI). But don't get too excited, investors! OpenAI still warns that investments should be treated as donations, with a high risk of losing capital. Meanwhile, the board's latest addition, former NSA Director Paul Nakasone, has ruffled some feathers, with Edward Snowden issuing a stark warning about trusting OpenAI. 😲

📡 T-Mobile Deutsche Telekom is dialing up its crypto game! Already running a Bitcoin node and Bitcoin Lightning nodes since 2023, the telecom giant now hints at "digital monetary photosynthesis" (cryptic, right?). They've been a Polygon validator since June 2023, and have been helping support the platform’s proof-of-stake consensus mechanism. Also, they're a validator on the Fetch.ai blockchain, supporting AI-driven autonomous agents. So, what's next? Stay tuned for more on Deutsche Telekom's crypto journey! 🚀

📸 Ethereum co-founder Vitalik Buterin gives a thumbs up to TiTok, a new image compression method, not to be mistaken with the dance-crazy app TikTok! Developed by ByteDance and Technical University Munich, TiTok shrinks images into 32 tiny data chunks without losing quality - perfect for storing on the blockchain. Buterin, in his Farcaster post, pointed out that "320 bits is basically a hash. Small enough to go on chain for every user.” This could be a game-changer for storing profile pictures and NFTs. So, watch out JPEG, TiTok is coming for you!

📉 Bitcoin (BTC) took a 3.5% dip on June 14, hitting a one-month low of $64,950. This drop has increased the week's losses to over 6.7%. As the $65,000 support level teeters, traders are eyeing a possible fall to $60,000 or lower. However, hodlers' cost bases are set for a market test. Short-term holders' realized price stands at $62,200, while those hodling for 3-6 months have a realized price of $55,500. Long-term holders, or Bitcoin's "diamond hands," have their cost basis at $24,300. So, buckle up folks, we might be in for a bumpy ride! 🎢

🔗 Blockchain is stepping up to tackle procurement's old woes: manual processes, lack of transparency, and limited competition. 📜✂️ With supply chain traceability, smart contracts, and decentralized marketplaces, blockchain is enhancing transparency, efficiency, and trust. Smart contracts are the new superheroes, automating tasks, reducing errors, and handling complex scenarios with ease. However, it's not all sunshine and rainbows; challenges include lack of standardization, unclear legal frameworks, and technical complexity. But hey, no pain, no gain, right? 🚀

🚀 Ethereum ETFs may start trading by July 2, says Bloomberg ETF analyst Eric Balchunas. The SEC's feedback on the ETF applicants was "pretty light, nothing major," and they're expected to respond within a week. SEC Chair Gary Gensler suggests it could happen within the next three months. While some traders hope Ether's price could follow Bitcoin's post-ETF approval surge, others, like Stephen Richardson of Fireblocks, aren't as confident, citing the difficulty in valuing Ethereum's use cases. So, will Ether ETFs be the next big bang or a damp squib? Stay tuned!

🎉 G'day, crypto enthusiasts! The Australian Securities Exchange (ASX) is set to launch its first spot Bitcoin ETF on June 20, courtesy of investment firm VanEck. This comes hot on the heels of VanEck's approval to trade spot Bitcoin ETFs in the US earlier this year. The demand for Bitcoin exposure in Australia is growing faster than a kangaroo on a pogo stick, with investors keen on a "regulated, transparent and familiar investment vehicle.” This isn't the first Bitcoin ETF down under though, with two others making their debut in the past two years. So, grab your surfboards, mates, the Bitcoin wave is rolling in! 🏄‍♂️

🎉Curve's founder, Michael Egorov, has cleared his $10M debt from a June hack attempt that caused a 28% drop in CRV tokens. Egorov's positions were too hot to handle, triggering soft liquidations and a $140M crisis. But don't worry, the LLAMMA soft liquidation mechanism saved the day, slowly eroding the hacker's funds. Egorov's solution? Burn 10% of CRV tokens and offer higher APY to voters. Despite the drama, Egorov assures us that "everything operates well." So, let's keep calm and carry on trading! 💪

El Salvador's President Nayib Bukele is pushing for private investment banks that offer Bitcoin investors more freedom than traditional banks. This comes hot on the heels of Bukele's re-election and could make Ark Invest CEO Cathie Wood's prediction of a 10-fold increase in El Salvador’s GDP in the next five years more likely. These banks, if approved, won't face the same restrictions as traditional banks, such as loan limitations and engagement with overseas banks. They will also be able to operate in any legal tender, including Bitcoin. 🏦💰

🚀 NiceHash, the cloud crypto mining platform, is joining forces with Marathon Digital, the world's largest Bitcoin miner, to launch a new firmware product. Aimed at retail and home miners, the NiceHash Firmware Powered by MARA is set to enhance mining performance and profitability. The firmware is compatible with various ASIC mining machine models and management tools, and can switch between algorithms as efficiencies vary. It's like a Swiss army knife for miners, but without the risk of cutting yourself! Miners will pay a fee of 2%, or a discounted 1.4% when using the NiceHash pool. Happy mining!

📣Crypto mining bigwigs in the US have banded together to form the Bitcoin Voter Project, a nonprofit aiming to educate voters about Bitcoin. This comes hot on the heels of a tête-à-tête with former President Trump, who now wants all Bitcoin mining to happen stateside. The project, which insists it's as nonpartisan as a coin toss, plans to support crypto-friendly lawmakers and policies. With $5 million in the kitty for research and voter education, the group hopes to influence the 2024 elections. So, whether you're Team Biden or Team Trump, it's time to brush up on your blockchain! 🚀

The crypto mining world is heating up! Riot Platforms and Bitfarms are in a corporate tug-of-war, with Riot recently upping its stake in Bitfarms to 13.1%, despite Bitfarms' "poison pill" defense strategy. Meanwhile, Tether is throwing a cool $1 billion at startups, Ripple Labs has sealed the deal with Standard Custody, and Circle is cozying up to Solana blockchain. Not to be left out, Fireblocks is partnering with Coinbase for some serious futures and spot trading. And Indiana? It's looking to become the new hotspot for data centers and crypto mining. Stay tuned for more crypto drama! 😎

📣 Binance's former CEO, Changpeng Zhao (CZ), is laughing all the way to the crypto bank, owning 64% of Binance Coin's (BNB) circulating supply, says Forbes. That's a whopping 94 million BNB tokens! Despite a run-in with the law in 2023, CZ's 90% equity stake in Binance and his crypto stash have made him the 24th richest person globally, with a net worth of $61 billion. Meanwhile, BNB's bull run has seen its price more than double from $290 in Jan 2024 to $724 in June. Not too shabby for a token with a max supply of 200 million! 💰

📢Crypto hacks have swiped a whopping $19 billion over the past 13 years, with 785 reported incidents! 😱 Meanwhile, Solana Foundation is playing the hero, cracking down on sneaky validators involved in sandwich attacks on traders. In other news, Terraform Labs is packing up and handing over the keys to the Terra community after a hefty $4.47 billion settlement with the SEC. On a lighter note, Curve founder, Michael Egorov, has repaid 93% of $10 million bad debt. Despite the chaos, DeFi's top 100 tokens are still standing strong with a total value locked in at $101 billion. Stay tuned for more crypto drama next week! 🚀

🏆 Uniswap Labs' Crypto: The Game (CTG) is in the running for an Emmy! This online survival game, where players pay 0.1 ETH to compete for a pot of crypto, has been a hit with gamers and could bag the first Emmy for the crypto industry. CTG was recently acquired by Uniswap Labs, adding a touch of reality TV drama to the blockchain world. The game's popularity is soaring, with season 2's winner netting a cool $274,000 as ETH prices climbed. Now, CTG is up against the likes of Verizon’s Catch My iPhone game and the Billboard Music Awards for an Emmy nomination. Stay tuned!

📉 Bitcoin's price may be down 6.5% this week, but don't fret, crypto enthusiasts! Analysts are predicting a potential trend reversal into an exponential uptrend. Why? Bitcoin's price is holding above key support areas and has been oscillating between $58,000 and $72,000 for over ten weeks. Plus, retail investors are showing confidence, buying more BTC in the dips. And let's not forget the declining Bitcoin balance on exchanges, indicating investors are holding onto their tokens in anticipation of a price increase. So, keep calm and HODL on! 😎

💸 Gemini's "Earn" program took a hit as the NY Attorney General's office recovered a cool $50 million, set to be returned to investors. The lawsuit, filed in 2023, claimed Gemini had duped 230,000 investors, including 29,000 New Yorkers, by not disclosing risks. Gemini had marketed "Earn" as a money-growing opportunity, but instead, investors found themselves locked out of their accounts. 🙅‍♀️ No more crypto lending programs for Gemini in NY! But don't fret, Gemini Trust assures affected users can expect "100% of the assets owed to them" within a week. Talk about a crypto rollercoaster! 🎢

Telegram's crypto darling, Toncoin (TON), has been on a roll, soaring 34.50% this month to reach a cool $8.33. But, watch out! 📉 It's now teetering on the edge of overbought territory, risking a sharp correction. TON's price is testing a multi-week trendline resistance, hinting at a potential 20% drop to around $6.55. Despite rising open interest, TON's funding rate is in the negative, suggesting more shorts than longs in the market. But don't despair! TON could be gearing up for an ascending triangle breakout in July, possibly shooting up to $13.30. Remember, always do your own research!

🚀 The tokenized real-world assets (RWA) market is booming, hitting an $8 billion market cap this year! Private equity, real estate, and government securities are now all part of the blockchain party. The trend started when traditional bond yields outshone low-risk DeFi yields. Now, protocols are cashing in on higher borrowing costs and quieter DeFi activity by offering tokenized U.S. Treasurys and private loans. Asset management behemoth BlackRock has become the largest provider of tokenized U.S. Treasurys, with its BUIDL fund reaching a market cap of $462.27 million. RWA tokens have seen a 224.57% rise year-to-date, with Ondo Finance delivering the highest returns. So, who said blockchain was just for crypto? 😉