🚀🚀🚀Crypto market news Monday May 20, 2024

❇️ In the last 24 hours, 56,784 traders were liquidated, total liquidation amount was 109.52 million USD

The largest single liquidation happened on OKX - ETH-USD-SWAP worth 4.00 million USD

❇️ LayerZero Labs CEO announced temporary suspension of Sybil's 'bounty hunter' process after a series of reports => to adjust its design.

❇️ The person behind the $1.9 exploit on meme coin marketplace Pump.fun has been arrested in London, according to media reports and an X account linked to the exploiter.

❇️ The conviction of Tornado Cash developer Alexey Pertsev reinforces a very broad interpretation of criminal liability, which has major implications for blockchain.

❇️ Cryptocurrency exchange Kraken currently has 'no plans' to delist USDT in Europe

❇️ US authorities bust $73 million cryptocurrency scam, make two arrests

❇️ An Australian man pleaded guilty to charges related to promoting a cryptocurrency lending service for the now-defunct cryptocurrency exchange BitConnect without a license

❇️ Coinbase Institutional Research Analyst David Han Says If SEC Approves Spot Ether ETFs, Many 'Will Be Seriously Offside'

❇️ Bankrupt crypto lender Genesis Global has received court approval to return approximately $3 billion in cash and cryptocurrency to creditors.

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