Nigeria's SEC head, Emomotimi Agama, mentions that cryptocurrencies such as Bitcoin could aid 38 million unbanked individuals by reducing overseas remittance expenses.
[Via @Cointelegraph]
On June 12, Crystal Intelligence revealed that the crypto industry has suffered 785 reported hacks and exploits in the past 13 years, with nearly $19 billion in digital assets stolen. ๐จ
๐ฐ: The SEC's lawsuit with Binance is still on since the crypto exchange couldn't sway the court to dismiss most of the claims by the securities regulator.
[Via @Cointelegraph]
๐ก Crypto Basics
You may have heard of airdrop farming, but what about crypto points farming? ๐ง
Crypto points farming refers to completing tasks or performing specific actions on a blockchain or Web3 protocol to gain rewards points. Learn more ๐
๐ https://t.co/f6SjSd7fU8
๐ฐ: The Australian Securities Exchange (ASX) gave the green light to its first Bitcoin exchange-traded fund (ETF), starting trading on June 20.
[Via @CoinMarketCap]
๐ก Crypto Basics
What is Distributed Validation Technology and how does it affect the future of staking for #Ethereum?
Letโs take a look! ๐
๐ https://t.co/7sieWN5e1y
This $PEPE trader capitulated and sold all 114.7B $PEPE for 366.5 $ETH($1.27M) at a breakeven price.
He bought 114.7B $PEPE($1.27M) at $0.000011 on May 14 and May 15.
The price of $PEPE broke through $0.000017 on May 27, at which time his profit was $670K(+50%), but he did not sell for profit.
Then $PEPE began to fall all the way and fell below its breakeven point.
Finally, he capitulated and sold all $PEPE.
https://t.co/4lkBTcoRnR
๐ฐ: 9 ETFs reduced by 2,297 $BTC (-$153M), with Fidelity holding 172,753 $BTC ($11.5B) and Grayscale with 282,148 $BTC ($18.8B) after decreases.
[Via @lookonchain]
๐ฐNew: Bitcoin spot ETFs experienced $226.2M outflows on June 13, with Fidelity leading at $106.4M, Grayscale at $61.5M, and Ark at $52.7M; only BlackRock recorded $18.2M inflows.
[Via @BitcoinNewsCom]