🔍Kraken vs CertiK: A crypto whodunit! Kraken, the crypto exchange, claims security firm CertiK exploited a bug to drain $3M from its accounts. CertiK says it was a white-hat operation, and they've returned all funds. But Kraken's not satisfied, saying not all the money's back. The plot thickens as the crypto community sides with Kraken, accusing CertiK of "stealing" and blackmailing for a bounty. CertiK's use of OFAC-sanctioned Tornado Cash to move funds also raises eyebrows. Stay tuned as this crypto drama unfolds! 🍿

🚀 Bitcoin miners are holding the least amount of BTC since 2010, with reserves dropping to 1.90 million BTC on June 19, says IntoTheBlock. However, don't panic! This is expected as halving pressures margins, making miners more likely to sell. Despite the drop, miners' reserves in dollar value are still floating around an all-time high of $135 billion. So, while they're holding fewer Bitcoins, their balance sheets are looking pretty robust. "Having less Bitcoin is normal in the market phase we are in," says Sascha Grumbach, CEO of Green Mining DAO. So, miners, keep calm and carry on mining! 💎

🌍 Worldcoin, the crypto project co-founded by OpenAI CEO Sam Altman, is back in business in Kenya! After a year-long investigation, Kenyan police have officially dropped their probe into Worldcoin's activities. The crypto firm was previously accused of unlawful data collection and transfer. Now, with the case closed, Worldcoin is advised to ensure proper licensing and vetting within Kenya. Despite a rocky start, Worldcoin's user base has grown impressively, boasting 10 million registered users as of April 2024. So, Worldcoin is back, and it's not just Kenya that's saying "Jambo!" to this crypto comeback! 🚀

📉 Bitcoin's price may be down 3.2% this June, but financial commentator Tedtalksmacro predicts a turnaround within ten days, thanks to US macro conditions. He's been tracking the correlation between BTC price action and Federal Reserve liquidity, and it's like watching a perfectly choreographed dance! 💃 Even Bitcoin's latest all-time high of $73,800 in mid-March was in step with a liquidity spike. Meanwhile, Bitcoin ETFs are playing hard to get, with a new decline in inflows. But don't lose heart, crypto fans! Q3 could see a fresh wave of institutional interest in Bitcoin, as US wirehouses are predicted to gain access to spot ETF products. So, buckle up and get ready for the ride! 🚀

🚨 Binance, the crypto exchange, has been slapped with a spicy 188.2 million rupees ($2.25 million) fine by India's Financial Intelligence Unit (FIU-IND) for not playing by the Anti-Money Laundering rules. Binance, you naughty, naughty exchange! 😏

Apparently, Binance didn't keep and report transaction records as required. Also, it seems they didn't share the necessary info with authorities or keep the mandated records. Tsk, tsk, Binance!

This isn't the first time Binance has been in hot water. In May, Canada's FINTRAC fined them $4.4 million for not registering and reporting large digital asset transactions.

Despite these hiccups, Binance remains a major player in the crypto world. Just remember, Binance, rules are there for a reason! 😉

G'day, mates! The first Bitcoin ETF in Australia has launched on the Australian Securities Exchange, closing its debut day with $1.3 million in trading volume. 🚀 Not quite the $4.5 billion seen by US Bitcoin ETFs, but hey, we're just getting started down under! Investment firm VanEck, the issuer of the ETF, isn't worried about the size difference, expecting similar growth to US ETFs. The ETF, VBTC, opened at $13.24 and closed at $13.34. With Bitcoin becoming more accessible, it's time to throw another shrimp on the barbie and watch this sizzler!

📉 Bitcoin short sellers are sweating bullets as $1.67 billion of their positions stand to be liquidated if Bitcoin bounces back to $70,000. The crypto has been trading below this price since June 8, but market watchers are feeling bullish. "Bounce imminent," predicts Discover Crypto CEO Joshua Jake. Meanwhile, Bitcoin Open Interest (OI) is down 10.99% from its all-time high on June 7, but it's still 82% higher than at the start of the year. Analyst Willy Woo suggests a major liquidation wipeout could pave the way for new Bitcoin highs. So, brace yourselves, it seems the "Boring Zone" might soon turn into a "Banana Zone"! 🍌

📣 "Pharma Bro" Martin Shkreli claims Barron Trump, son of Donald Trump, is the mastermind behind the $146 million TrumpCoin (DJT) token. Shkreli, who's no stranger to controversy, insists he merely provided advice for the Solana-based token's launch. He also alleges that the younger Trump holds the private keys to DJT's smart contract address. Despite the lack of public confirmation from the Trump camp, Shkreli insists that Donald Trump was not only aware of the DJT token but "approved it." Meanwhile, the crypto community is divided, with some buying into Shkreli's narrative, while others are skeptical. Stay tuned for more updates on this crypto soap opera! 😅🍿

🔥 Ethereum's Market Value Realized Value (MVRV) is heating up faster than Bitcoin's, indicating a hot market for the second-largest cryptocurrency. Despite a high MVRV suggesting overvaluation, analysts believe the imminent launch of spot Ether ETFs will keep investors interested. One analyst even predicts that Ethereum will hit $10,000 by the end of 2024! Meanwhile, Bitcoin's MVRV has cooled down, falling 10.8% over the past 30 days. Ethereum's dominance in the crypto market is also on the rise, while Bitcoin's has slightly dropped. So, is it an "ETH-only season"? Only time will tell!

🚀 Stablecoins might just be the next big thing, says Circle CEO Jeremy Allaire. He's predicting they could make up a whopping 10% of global economic money in the next decade or so. Why? Well, the world's largest payment companies are already exploring the benefits of stablecoins and public chains. Plus, the potential market size is in the billions. Allaire believes that stablecoins could help bank the unbanked, reduce remittance costs, and enable seamless cross-border commerce. So, if you're not on the stablecoin bandwagon yet, maybe it's time to hop on! 😎

🏁 Crypto and car racing unite! Conor Daly, son of legendary F1 driver Derek Daly, drove a pink Polkadot-branded car in the 108th Indy 500, introducing the DOT brand to a TV audience of 13.3 million. Daly, who started 29th and led for 22 laps, finished 10th and won the biggest mover trophy. 🏎️ Crypto's involvement in motorsports is not new. In 2021, crypto exchanges signed multimillion-dollar sponsorship deals with almost every F1 team. However, Polkadot is the only crypto entity to sponsor the Indy 500 this year. Daly's car sponsorship was approved by the Polkadot community, marking a significant step for decentralized networks in sports sponsorship.

📉 Ether (ETH) is feeling the heat, folks! Despite a regulatory win for Consensys and the promise of U.S. spot Ethereum exchange-traded funds (ETFs) in the pipeline, ETH is stuck below $3,600. Some say it's due to a lack of institutional demand, others blame it on the Ethereum ecosystem's regulatory uncertainties.

Meanwhile, Bitcoin (BTC) is also having a rough time, with investors getting the jitters over the U.S.'s fiscal health. High interest rates and economic indicators like rising wages and an increasing jobless rate are making investors think twice.

But don't lose hope, crypto fans! Despite these challenges, the long-term bullish trend for cryptocurrency should continue, as long as the macroeconomic environment remains stable. However, a sharp correction in the S&P 500 could spell trouble.

And let's not forget the competition. Ethereum may be leading in DApp volumes, but Solana, Aptos, Celo, and Fantom are hot on its heels.

So, will the launch of Ethereum instruments attract significant inflows? Only time will tell. Until then, keep your eyes on the charts and your fingers crossed! 🤞

🚀 Bitcoin's exchange reserve has hit a 3-year low, with only 2,825,703 BTC left on exchanges! This drop in supply could mean less selling pressure and potential supply shocks. But don't fret, it's not all doom and gloom!

The approval of Bitcoin ETFs in the US earlier this year has added to the supply pressure, with big players like BlackRock scooping up a cool 274,000 BTC.

Despite a recent dip in inflows, Bitcoin investment vehicles still hold a whopping $73 billion in Bitcoin globally. And if industry experts are to be believed, we're just seeing the first wave of early adopters.

So, buckle up folks! With the recent halving event further constraining Bitcoin's supply, we might be in for a wild ride! 🎢

🚀 OpenAI's former top brains, Ilya Sutskever and Daniel Levy, have teamed up with ex-Y Combinator partner Daniel Gross to launch Safe Superintelligence Inc. (SSI). The new venture aims to advance AI development while ensuring safety and security, free from short-term commercial pressures. This move follows Sutskever and Levy's departure from OpenAI amidst concerns over AI safety. Even Ethereum's co-founder Vitalik Buterin has called AGI "risky". SSI is now on a hiring spree for engineers and researchers. So, if you're into AI and safety harnesses, you might want to send your CV their way!

📣Binance, the crypto exchange giant, is appealing against a $4.4 million fine slapped on them by Canada's FINTRAC for alleged noncompliance with Anti-Money Laundering and Countering the Financing of Terrorism regulations. Binance claims they didn't target Canadian residents with their services. They're planning a Canadian exit in May 2023, citing a tough regulatory climate. This is separate from other legal tangles Binance is wrestling with globally. Meanwhile, in other news, Polkadot's Indy 500 driver Conor Daly reveals his dad holds DOT. Now that's a crypto-crazy family!

🎉 Oslo Freedom Forum, a global gathering for freedom fighters and Bitcoin enthusiasts, has been hailed as the most memorable event of the year! The forum, held in Norway's capital, was a whirlwind of thought-provoking discussions, from human rights issues to Bitcoin's potential for financial freedom. Notable attendees included Twitter founder Jack Dorsey, sporting his signature Satoshi/Nirvana tee, and Bitcoin advocate Lyn Alden. The event was a hotbed for Bitcoin-related queries and debates, with attendees eager to learn more about the crypto world. Despite not being a Bitcoin-centric event, it's clear that the Oslo Freedom Forum is a must-attend for anyone in the crypto sphere! 🌍💭💡

🚀VCs are on a crypto-spree! Paradigm's $850M fund, Pantera Capital's $1B fund, and Tether's $1B investment plan are all set to fuel blockchain startups. June's stars include Avail with $43M funding and Mirror World Labs with $12M. Plural Energy secured $2.33M for its onchain renewable energy platform, while Everclear (formerly Connext) bagged $5M from Pantera Capital. Ava Protocol raised $10M for Web3 automation, and OKX Ventures invested in security firm GoPlus. Radian Arc secured $9M in Series B funding, Ouinex raised over $5M in token sales, and Blueberry Protocol raised $2.5M in Series A. Buckle up, blockchain world!

🎮 Gaming blockchain Ronin is leveling up with a new zero-knowledge layer-2 chain, zkEVM, aiming to support a whopping 4 billion daily transactions. Meanwhile, Bitcoin is making a play in the NFT space, surpassing Ronin in all-time sales and securing the third spot, just behind Solana and Ethereum. However, the NFT market seems to be hitting the pause button with a 40% drop in sales over the past month. In other news, the music industry is tuning into the metaverse, with talks of tokenizing music IP to bypass traditional industry hurdles. Stay tuned for more blockchain beats next week! 🎵

🔒 Blockchain security firm CertiK, the "Robin Hood" of crypto, has gone public about a $3 million digital heist from Kraken. CertiK claims they informed Kraken about an exploit, but instead of a "thank you", they were accused of extortion! CertiK is now urging Kraken to stop threatening their white-hat hackers. While some crypto users are siding with Kraken, CertiK plans to return the funds to an accessible account. Stay tuned for more on this crypto soap opera! 🍿

🔥Hot off the press! Binance's regional manager, Nadeem Anjarwalla, has had his legal suit dismissed by the Nigerian High Court. Anjarwalla claimed his rights were violated when he was detained and his passport seized. However, the judge ruled against him due to a lack of diligent prosecution. Binance's lawyer, Tonye Krukrubo, made a swift exit from the case, leaving Anjarwalla to find new representation. Meanwhile, Anjarwalla has made a daring escape to Kenya, leaving Nigeria in a tizzy. This courtroom drama is part of a larger conflict involving accusations of tax evasion and money laundering against Binance. Stay tuned for more updates!