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🪙 Crypto News (May 14, 2024): 1️⃣ BeInCrypto: On May 13th, the much-awaited trading of BounceBit's native coin — #BB — kicked off. This asset has now found its place on prominent cryptocurrency exchanges like KuCoin and Gate.io. 📈 2️⃣ Incrypted: #Bitget Wallet developers unveiled the GetDrop airdrop platform. Collaborating with various popular crypto projects, Bitget Wallet aims to reward its active users. This initiative is poised to foster project growth and bolster brand influence. 💼 3️⃣ The Bitcoin Office: El Salvador's National Bitcoin Office (ONBTC), overseeing all BTC-related endeavors, announced the public release of a mempool. 🌐 4️⃣ OKX: Officially launching operations in Australia, #OKX cryptocurrency exchange lauds the country as a "strong market" with a "transparent regulatory foundation." 🏦 5️⃣ zkSync: Developers behind the #zkSync L2 solution unveiled the beta release of the project's node. Featuring streamlined setup and minimal hardware prerequisites, this node marks a significant step forward. ⚙️ 👍Enjoying these updates? Don't forget to like, subscribe for more, or drop a question in the comments below!
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📊 Crypto Reports (May 14, 2024): 1️⃣ BTC.COM: Following the latest #mining difficulty adjustment, the first cryptocurrency's mining difficulty dropped by 5.63% to 83.15 T. This decrease marks the most significant drop since December 2022. 🔻 2️⃣ CoinGecko: The combined market capitalization of AI-associated tokens soared to $27.9 billion, surging by 11% within a day. Meanwhile, the overall cryptocurrency market saw a modest 2.9% uptick, reaching $2.45 trillion. 📈 3️⃣ DappRadar: In April, Magic Eden surged to the forefront in trading volume among #NFT marketplaces, boasting $486 million. For the first time since its inception, #Blur relinquished its lead, falling short by $108 million. 🔄 4️⃣ CoinShares: The influx into cryptocurrency investment products from May 4th to 10th amounted to $130 million. 💰 5️⃣ Kaiko: Analysts at Kaiko unveiled a report titled "Reality Bites for BTC Miners," delving into the post-halving challenges faced by #Bitcoin miners. According to their insights, cryptocurrency mining firms might soon embark on significant asset liquidations. 📉 💪 Enjoying the insights? Want more updates? Feel free to like, comment, or share your thoughts below to stay engaged!
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🔐 Cyber News (May 14, 2024): 1️⃣ ZachXBT: On May 8, 2024, an assailant made off with three rare NFTs from the Bored Ape Yacht Club collection. 🎨 2️⃣ The Block: The hacker, employing a spam transaction tactic, pilfered 1155.2 WBTC, later returning 4.2% of the assets owed to the victim after negotiation. Subsequently, the #hacker reimbursed the victim $71 million, factoring in cryptocurrency price fluctuations. 💰 3️⃣ Incrypted: Binance, the cryptocurrency exchange, incurred a $4.4 million penalty from Canada's Financial Transactions and Reports Analysis Centre (FINTRAC) for breaching anti-money laundering legislation. 💼 4️⃣ d_code: Over the span of two weeks, cybercriminals have been inundating #Toncoin (TON) holders with mass spam-NFT distributions. 📧 5️⃣ Weixin: Chinese authorities dismantled an illicit banking operation utilizing digital assets for unlawful conversions of yuan and South Korean won totaling $295.8 million. Media outlets reported the apprehension of six suspects in Jilin Province, northeast China, with the seizure of numerous bank cards and other illicit paraphernalia. 🚔 👍 Enjoying these updates? Feel free to subscribe for more, drop a like, or leave a comment below with any questions or thoughts!
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🪙 Crypto News (May 14, 2024): 1️⃣ Lookonchain: On May 13th, a trader made a whopping 32-fold profit on the meme token KITTY, thanks to the awakening of X-account by financial analyst Keith Gill (The Roaring Kitty), who famously ignited the 2020 "retail traders vs. Wall Street" saga. Just before Gill's return tweet, the trader invested 21.1 SOL ($3000) to acquire 17.4 million #KITTY tokens. Subsequently, the meme token's value skyrocketed by over 6000%. In the aftermath, the trader sold 12.8 million KITTY for 294 SOL ($41,000), retaining 4.6 million KITTY ($56,000) in the balance, resulting in a staggering $94,000 profit. 📈 2️⃣ EigenLayer: The first phase of EigenLayer's stakedrop commenced on May 10th. Developers unlocked a total of 113 million #EIGEN tokens for claiming. In the initial hours post-launch, users staked and delegated approximately 8.9 million EIGEN tokens. 💰 3️⃣ Notcoin: The #Notcoin project team announced their decision to allocate 5% of the total token supply to be shared among community members and cryptocurrency exchange clientele. Notably, 1 billion Notcoin (NOT) tokens were reserved for users of the Wallet bot on Telegram. This campaign is currently underway and will conclude on May 25, 2024. 🤖 4️⃣ Luca Netz: The developers behind the Pudgy Penguins #NFT collection celebrated the sale of 1 million toys since their retail market debut. Furthermore, project leader Luca Netz unveiled plans for expansion into the Asian market. 🐧 5️⃣ Bloomberg: The U.S. Department of Justice has appointed the consulting firm Forensic Risk Alliance (FRA) to oversee Binance's activities for a duration of three years. 🕵️♂️ 💪 If you haven't already, consider subscribing for more insightful updates like these.
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