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#Bitcoin $BTC once again failed to hold above $70k, losing 1% over the week 🌡
Most interesting events of the past week:
💎 Cryptocurrencies
✔️ Mastercard launched the P2P Crypto Credential service for cryptocurrency transfers 🔥🔥🔥
✔️ Bankrupt exchange Mt. Gox moved 141,686 BTC to another wallet as part of its plan to compensate clients
✔️ Broker Hidden Road blocked its clients from trading on Bybit due to insufficient KYC
✔️ Crypto exchanges
#binance ,
#OKX ,
#htx , and Gate withdrew their licenses to operate in Hong Kong 🤔
✔️ US GDP for Q1 2024 was revised down to 1.3% 😬
✔️ China is investing $47.5 billion in its own semiconductor manufacturing
✔️ Elon Musk's xAI company raised $6 billion in investments
✔️ Saudi Arabia will sell $12 billion worth of Saudi Aramco shares to finance its economic transformation plan 💔
✔️ #Biden stopped the adoption of a law to repeal SEC cryptocurrency accounting rules 💪🔥
✔️ The EU regulator classifies MEV bots as market abuse tools under new MiCA rules
✔️ Telegram’s built-in crypto wallet Wallet is tightening its verification rules
✔️ Microsoft launched the AI bot Copilot in Telegram
✔️ OpenAI started working on the next generation of #AI 🔥🔥🔥
🚨 Hacks
✔️ The token CATCH dropped by 95% due to a smart contract hack, SpaceCatch announced full compensation for CATCH holders
✔️ Japanese crypto exchange DMM was
#Hacked for $305 million