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🕯 Daily review of the cryptocurrency market There are no significant changes in the market. BTC is trying to break above $60,700. ETH is trading below $3,400. 🔼 There are few growing assets: KAS +6%, TON +3%. 🔽 There are many more falling assets: CFX -8%, ENS -8%, FET -7%, WLD -7%, AGIX -6%, INJ -6%, JASMY-6%, PEPE -6%, WIF -6%, TAO -5%, VET -5%.
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💩 The SEC has sued MetaMask developer ConsenSys According to the commission, this wallet is an unregistered broker engaged in offering and selling securities. 💩 The SEC's attention was drawn to the collection of over $250 million in fees generated by ConsenSys' activities. Earlier, ConsenSys had reported the SEC's investigation into Ethereum had been terminated, but here's the twist! Important point: 💩 However, the SEC does not oppose Ethereum staking. They even promote it. But they advocate for people to do it themselves rather than through various providers. There's no threat to Ethereum and its staking. But those promoting such services may face tough times.
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💩 Protect your finances In the second quarter of this year, the crypto industry suffered losses totaling $572.7 million due to hacker attacks and fraud. 💩 This is nearly as much as was stolen throughout all of 2023. 💩 The majority of thefts occurred on the Ethereum and BNB Chain networks. 💩 Why is the crypto industry vulnerable to hacker attacks and fraud? It's all due to transaction anonymity, weak regulation, lack of investor education, and the potential for quick enrichment amidst the high volatility of the cryptocurrency market. 💩How to protect yourself? Make sure to use reliable and verified platforms, master basic security principles like two-factor authentication, and exercise caution when investing. Also, enhance your knowledge in this field to stay one step ahead of malicious actors!
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if you're here and u have zero knowledge about crypto then the best way to acquire such knowledge is by engaging any post you see. If an update is dropped there is always a video guide, write up guide or voice note guide etc. Someone with at least basic education level should be able to watch, read, listen to any guide and follow up with the update. There is no better way of learning if you don't practice. You need an open mind to acquire knowledge in any field at all. If you're the type with a fixed mindset and u always see everything as hard or impossible to do then you're not doing ursef any good🙂 Ask questions whenever u are confused and see how you improve. We all started from somewhere, no one was born with it🤝 Crypto and Tech is the new whales 🐋 United by Risk, Bound by Rewards. *Enjoy your weekend*🍦🥤🥂🍻
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💩 Weekly Crypto News Recap It's time to recall the most significant events in the crypto industry this week. 💩 Tether will cease support for EOS and Algorand. 💩 Mt Gox starts BTC and BCH payouts in July. 💩 Solana introduced the Blinks tool. 💩 Blast Foundation launched the BLAST tokenomics, along with an airdrop and the second season of token farming. 💩 Bitstamp will delist the euro-backed stablecoin Tether EURT. 💩 Binance receives full VASP license in Dubai. 💩 VanEck applies to launch an exchange-traded fund based on SOL. 💩 Launch of spot ETFs for ETH may occur on July 4. 💩 FTX denies withdrawals to users whose bank accounts had significantly less money than on the exchange.
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