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📊 Crypto Reports (May 6, 2024): 1️⃣ Galaxy Research: Cryptocurrency ventures garnered investments totaling $2.49 billion in the initial quarter of 2024. 🚀 2️⃣ The Block: The collective value of bitcoins held across wallets of diverse governmental, public, and private entities stands at $175 billion. 💰 3️⃣ Coinbase: In the inaugural quarter of 2024, Coinbase, a prominent cryptocurrency exchange, recorded a revenue of $1.6 billion, marking a 72% surge from the preceding quarter of 2023. During this period, the company witnessed a twofold increase in transactional revenue. 💼 4️⃣ Microsoft: #Microsoft Corporation has published its #AI Transparency Report for the year 2023, delineating strides made in deploying conscientious artificial intelligence systems. 🤖 5️⃣ TokenUnlocks: May 2024 will witness the release of crypto assets surpassing $3.1 billion in value, as projected by Token Unlocks. Notably, the foremost entities include Sui (SUI), Pyth Network (PYTH), and #Avalanche (AVAX). 💎 👋 Haven't subscribed yet? Why not hit that subscribe button for regular updates?

📊 Crypto Reports (May 6, 2024):

1️⃣ Galaxy Research: Cryptocurrency ventures garnered investments totaling $2.49 billion in the initial quarter of 2024. 🚀

2️⃣ The Block: The collective value of bitcoins held across wallets of diverse governmental, public, and private entities stands at $175 billion. 💰

3️⃣ Coinbase: In the inaugural quarter of 2024, Coinbase, a prominent cryptocurrency exchange, recorded a revenue of $1.6 billion, marking a 72% surge from the preceding quarter of 2023. During this period, the company witnessed a twofold increase in transactional revenue. 💼

4️⃣ Microsoft: #Microsoft Corporation has published its #AI Transparency Report for the year 2023, delineating strides made in deploying conscientious artificial intelligence systems. 🤖

5️⃣ TokenUnlocks: May 2024 will witness the release of crypto assets surpassing $3.1 billion in value, as projected by Token Unlocks. Notably, the foremost entities include Sui (SUI), Pyth Network (PYTH), and #Avalanche (AVAX). 💎

👋 Haven't subscribed yet? Why not hit that subscribe button for regular updates?

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🪙 Crypto News (May 22, 2024): 1️⃣ CryptoPunks: On May 20, 2024, the #CryptoPunks project, backed by the Yuga Labs team, unveiled a fresh collection of non-fungible tokens (NFTs) dubbed Super Punk World. This collection boasts 500 NFTs in the form of three-dimensional figures, aiming to transcend the boundaries of race and gender. 🎨 2️⃣ Chainwire: Hex Trust, a cryptocurrency custodian based in Hong Kong, has launched USDX, a stablecoin built on the Flare blockchain. Tethered to the value of the US dollar, this asset marks the first of its kind within the Flare ecosystem. The project was spearheaded by HT Digital Assets, a subsidiary of the custodian. 💰 3️⃣ Sei: Within the #Sei Network community, a voting process has commenced regarding the blockchain's upgrade to its second iteration. This iteration introduces a "parallelized" Ethereum Virtual Machine (EVM). The voting period spans until May 25, with the initial implementation phase, encompassing governance decisions, set to last seven days. As of now, the proposal enjoys unanimous support. 🗳️ 4️⃣ Coinbase: Futures contracts for oil and gold are slated to debut on Coinbase. 5️⃣ Mint: The #Mint blockchain team has heralded the launch of the main network tailored for developers. This launch allows for testing the solution prior to its public release. During the mainnet operation, developers can deploy their own products and infrastructure on the network. The Mint mainnet is constructed atop the OP Stack, signifying its integration into the OP Superchain. The project's overarching ambition is to entice a million developers and a billion users, accelerating the establishment of a global decentralized system aimed at enhancing economic freedom worldwide. 🌐 👍 Did you find this intriguing? Stay updated with more content like this by subscribing!
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🔐 Cyber News (May 22, 2024): 1️⃣ EC: The European Commission (EC) has initiated an official inquiry into #Meta Corporation to assess its endeavors in safeguarding minors on the Facebook and Instagram social platforms. 👨‍⚖️ 2️⃣ pump.fun: Accusations have been levied against a former employee by Pump.fun, the platform for launching meme tokens on Solana, citing an exploit resulting in a $1.9 million loss. Allegedly, the perpetrator capitalized on their "privileged position" to gain withdrawal rights and leveraged flash loans in SOL to procure tokens until they hit 100% on the "binding curve," thereby accessing liquidity to settle debts. 🔍💰 3️⃣ Financial Times: British engineering firm Arup incurred a $25 million loss due to fraudulent activity involving deepfakes during a video conference. 📉🎭 4️⃣ Justice: The US Department of Justice announced the arrest of two Chinese nationals on charges of laundering $73 million through sham companies associated with cryptocurrency investment scams. Darren Lee, 41, was apprehended on April 12, 2024, at Hartsfield-Jackson Atlanta International Airport, while Yicheng Zhang, 38, was detained on May 16 in Los Angeles. ⚖️🔒 5️⃣ benefactor: An unidentified individual released and withdrew 5 billion #GALA tokens from the Gala Games Web3 gaming platform, amounting to approximately $210 million. The perpetrator managed to sell 600 million GALA tokens through the decentralized exchange Uniswap. Consequently, the asset's price plummeted by approximately 20% in less than an hour — from around $0.048 to $0.038 (CoinGecko). 💸🎮 💪 Have any questions? Feel free to ask in the comments below!
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