🆕 Vitalik Buterin: Amidst the departure of a number of researchers, the Ethereum Foundation will become a more compact organization and reduce ETH sales
#ETH #crypto #blockchain
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✴️ Analysts: The macroeconomic situation is putting pressure on market trends, due to which Bitcoin has switched to risk-off mode
#BTC #crypto #blockchain
✴️ Onchain monitoring: all of the counterparty Strategy's long positions in Ethereum were liquidated, and its 40x leveraged short positions in Bitcoin were partially closed and are incurring a loss. At the moment, the trader holds 8,332 BTC, with an overall ROI of -73.05%
#BTC #ETH #crypto
✴️ Analyst Michaël van de Poppe: Bitcoin could fall to the $60,000 mark after breaking through the key support zone in the $75,000-$76,000 range, while for the resumption of upward momentum, the asset needs to consolidate above the $76,600 level
#BTC #crypto #blockchain
⚛️ The Evmos community has approved a proposal to shut down the network in the Cosmos ecosystem. According to the documentchain nodes will stop at block height 37,318,000, while the project's official website and block explorers have already become unavailable
#ATOM #crypto #blockchain
🇸🇬 A Namibian court has revoked bail for eight defendants in a cryptocurrency fraud and human trafficking case, confiscating approximately $29,800. The group, which included citizens of China, Singapore, and Vanuatu, is suspected of coercing unemployed individuals into creating fake accounts to defraud foreign investors
#crypto #blockchain #news
🇪🇺 ZachXBT: two smart contracts of the European stablecoin issuer StablR were allegedly attacked, resulting in losses that may exceed $3 million in EURR and USDR assets
#crypto #blockchain #news
✴️ Ionic Digital: As of the end of April, mining output was 20.45 BTC, and the company's total assets reached 2836.4 BTC. Due to the shutdown of facilities in Oklahoma, the average daily hashrate decreased by 26.2%, leading to a 27.1% drop in production month-on-month. The miner maintains a debt-free status and did not sell coins last month
#BTC #mining #crypto
🆕 Curve Finance: On May 25 at 9: 00 AM (CEST), the platform will undergo technical maintenance for database updates, due to which the interface will be temporarily unavailable for 20 minutes to 1 hour; the protocol's smart contracts will continue to operate normally
#CRV #crypto #blockchain
🇭🇰 Longbridge Securities announced that it has brought its operations into compliance with new regulatory requirements from Hong Kong (SFC) and mainland China (CSRC) concerning cross-border business. The broker confirmed that only inactive accounts with zero balances and accounts opened with forged documents will be subject to mandatory closure, while accounts of bona fide investors with assets will not be affected
#crypto #blockchain #news
🆕 Lookonchain: An early Ethereum investor, who made over $34.2 million from a 376x asset increase, acquired 3942 ETH (~$8.08 million) at $2049 per coin amid market decline. Ten years ago, this OG user bought 12,001 ETH on the ShapeShift platform for $7.58 per coin
#ETH #crypto #blockchain
🆕 Binance Wallet has optimized its memecoin rating mechanism, focusing on measuring real user engagement instead of market hype. The updated algorithm considers data such as the number of active addresses and trading volumes for a more objective search for quality assets
#BNB #memecoins #crypto
✴️ A court in Fuzhou sentenced a man to 12 years and 7 months in prison for stealing 4 BTC (worth approximately 900,000 yuan) by stealing private keys from the victim's hard drive; the prosecutor's office confirmed that Bitcoin is classified as property under criminal law
#BTC #crypto #blockchain
🆕 Analysts: ZEC is approaching a key resistance zone that triggered a massive pullback last November
#ZEC #crypto #blockchain
✴️ Mining company Bitdeer, whose shares are traded on Nasdaq, reported maintaining zero balances in Bitcoin: for the week ending May 22, the company mined 201.6 BTC and sold a similar volume of coins
#BTC #mining #crypto
✴️ Morgan Stanley increased its Bitcoin position by 14.33 BTC, bringing the total assets under the bank's management to 3486 coins
#BTC #crypto #blockchain
🆕 Onchain Lens: Trader Machi Big Brother closed most of his 25x leveraged long positions on Ethereum amid market decline, resulting in his total losses approaching $33 million. Currently, he holds 1700 ETH, with only $23 remaining before full liquidation
#ETH #crypto #blockchain
🇺🇸 The US FDIC proposed new rules requiring stablecoin issuers to comply with anti-money laundering (AML) standards and the sanctions requirements of FinCEN and OFAC
#crypto #blockchain #news
🦄 The Uniswap Foundation has submitted a proposal to expand the V2 and V3 protocol fee mechanism to the BNB Chain, Polygon, and Celo blockchains. According to Uniswap founder Hayden Adams, the initiative aims to scale the UNI token burning process to reduce its total supply
#BNB #UNI #POL
✴️ Santiment: An outflow of funds from spot BTC-ETFs has been observed on nine out of the last ten days, which analysts attribute to the capitulation of retail investors who have lost patience after Bitcoin's failure to break the $80,000 mark, rather than a bearish signal
#BTC #crypto #blockchain