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EURO2024 excitement has begun: Related memecoins are on the rise! EURO2024, which will be held between June 14 and July 14, hosted by #Germany , brought a new breath to the memecoin market. EURO2024, held every four years, has excited cryptocurrency investors, especially football fans. The memecoin craze, which has been going on for a while, comes to the fore with EURO2024 themed tokens. The tokens issued for the teams that will take part in EURO 2024 and the players of these teams excited gem hunters with their increase in a short time. Although most of the tokens experienced rug pull, some names gained fame and gained momentum. A memecoin named Yuro 2024 (YURO), which was issued in reference to #EURO2024 , was traded at $0.001579 on June 5. The step by step approach to the tournament and the gradual growth of the YURO community increased the interest in memecoin. In addition, the memecoin trend was a driving force for parity. YURO, which tested $ 0.06592 as of June 8, increased by 317 percent in total and reached 4.17x in a short time. #YURO , which made a big difference to other EURO2024 themed memecoins in terms of market value, came to the fore with its activity on social media platforms. Most memecoins inspired by the tournament have not yet reached the 5 million market value. With its latest move, YURO saw a market value of $6.5 million. Nowadays, it is hovering around 5.4 million dollars. If the interest in the tournament increases and the memecoin trend continues, activity in YURO may continue.

Crypto Hackers Have Taken Action, They Are Transferring Large Ethereum (ETH)! The moves of hackers in the cryptocurrency industry continue to remain on the agenda. Hackers, who cause losses to investors, projects or stock markets, attracted the attention of cryptocurrency investors this week. Ember, a successful on-chain data provider, detected that Orbit Chain hackers took action and made large #Ethereum (ETH) transfers. Here is the latest important information on the subject: “Six months after the assets were stolen, Orbit Chain hackers took action: Recently, hackers transferred 4,000 #ETH to a new address and then laundered these ETH through Tornado Cash. Orbit Chain was hacked on January 1, and $81.5 million worth of assets (stablecoins, WBTC, and ETH) were stolen at that time. The hackers then exchanged some of the stablecoins and WBTC for 17,250 ETH averaging $2,301. Apart from the initial transfers, in the last 10 hours Orbit Chain hackers laundered 12,932 ETH ($47.58 million) through Tornado Cash. "The hacker's address currently contains 13,821 ETH ($50.86 million) and 20 million DAI." In addition, hackers converted most of the stolen assets into Ethereum and ETH has increased significantly since the beginning of the year, causing the value of 26,750 ETH to increase significantly (an average of $ 37 million). $BTC $ETH

🚨Important Developments: 🇹🇷 Turkey's unemployment rate will be announced on Monday, June 10 at 10:00. 🤖 Apple WWDC24 event will start on Monday, June 10 at 20:00. 📣 On Tuesday, June 11, Biconomy (#BICO) will make an announcement. 📣 Floki (#FLOKI ) will make a marketing announcement on Tuesday, June 11 at 22:00. 🇺🇲 US Consumer Price Index (CPI) will be announced on Wednesday, June 12 at 15:30. •Expectation: 3.4% •Previous: 3.4% 🇺🇲 The Fed interest rate decision will be announced on Wednesday, June 12 at 21:00. •Expectation: 5.50% •Previous: 5.50% 🇺🇸 Fed Chairman Jerome Powell will give a speech on Wednesday, June 12 at 21:30. 🤝🏻 On Thursday, June 13, Fetchai, SingularityNET and Ocean Protocol will merge under the name Artificial Superintelligence (#ASI ). 🇺🇸 US Unemployment Benefit Applications will be announced on Thursday, June 13 at 15:30. •Expected: 222K •Previous: 229K 🇺🇸 US Producer Price Index (PPI) will be announced on Thursday, June 13 at 15:30. •Expectation: 0.1% •Previous: 0.5% 💫 On Thursday, June 13th, zkSync Airdrop will be distributed. 💫 Cyber (#CYBR ) staking will be launched on Friday, June 14th.

Tether Goes Beyond Stablecoins with Strategic Investments in Artificial Intelligence and Crypto Firms. Tether's latest investment includes a strategic injection of $18.75 million into #XREX Group. XREX, a blockchain-backed financial institution, aims to facilitate cross-border transactions between companies using #USDT , Tether's main stablecoin. This financing will enable XREX to make financial transactions more efficient and reduce costs in emerging markets. Additionally, XREX will work with the Unitas Foundation to introduce the dollar-pegged XAU1 stablecoin, which is overbooked with Tether Gold (XAUt). Speaking about the investment, #Tether CEO Paolo Ardoino said, “Tether's strategic investment in XREX Group demonstrates our unwavering commitment to promoting financial inclusion in emerging markets. "This latest investment is aligned with Tether's long-term vision to build a robust infrastructure that extends beyond the crypto market." This statement highlights Tether's goal of creating a comprehensive financial framework that supports a variety of economic activities. Just a week before the XREX investment, Tether closed a $150 million private equity financing deal with blockchain and high-performance computing firm Bitdeer. Through this agreement, Tether secured a private placement of 18,587,360 shares of Bitdeer Class A common stock, with the right to purchase 5,000,000 shares for $10 each. This venture generated gross proceeds of $100 million, and an additional $50 million could be generated if Bitdeer exercises its full share purchase option. In April, #Tether made headlines by investing $200 million in Blackrock Neurotech, which specializes in Brain-Computer Interface (BCI) technology. This move marks Tether's important step into artificial intelligence and related technologies. The company's strategy is in line with the vision shared by Tether CEO Paolo Ardoino at the 2024 Token2049 Dubai Conference, and he predicted that AI-focused investments will increase. $BTC $ETH

🧙‍♂️ Ahmad Shadid, founder and CEO of DePIN protocol io net, announced his resignation as CEO. The new #CEO will be Tory Green. 🧙‍♂️ #Bitcoin ETFs have experienced net inflows of $14 billion since their launch (in 5 months).

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