☢️ #WAZIRX HACKERS TRANSFERS $11M IN ETHER FROM THE LAUNDERED FUNDS

⭕ North Korean hackers have laundered $11 million in ether from the WazirX hack via #TornadoCash .

⭕They recently transferred 5,000 ETH to a new wallet and then moved $1.2 million through Tornado Cash.

📈Their #wallet🔥 now holds over $107 million, mostly in ether.

The breach forced #wazirX to undergo major restructuring.

(🌐Source: #Coindesk )

Sam Bankman-Fried showered politicians with tens of millions of dollars in campaign contributions before his FTX empire imploded last November. Now, the bankrupt crypto exchange wants that money back.

Source: #Coindesk

#cryptotrading #pumpanddump #dyor

📢#Genesis owes over $3.5B to top 50 creditors.

Crypto exchange Gemini, trading giant Cumberland, Mirana, MoonAlpha Finance and VanEck’s New Finance Income Fund are among the fifty largest Genesis creditors, according to a bankruptcy filing.

#crypto2023
Source: #Coindesk

⚡Cryptocurrency payments app #MoonPay secured registration with the U.K.'s Financial Conduct Authority (FCA).

Source: #Coindesk

📢The person that exploited Solana-based decentralized exchange #Raydium has sent $2.7 million in ethereum to now-sanctioned coin mixing protocol #TornadoCash .

Source: #Coindesk

#solana

📢Square Enix, the parent of the popular Final #Fantasy video games, said it will focus on #blockchain entertainment in 2023.

Source: #Coindesk

💥Sam Bankman-Fried’s Alameda Research secretly funded crypto media site The Block and Its CEO.

CEO Michael McCaffrey has resigned as a result of the loans coming to light.

Source:#Coindesk

The English Premier League has linked up with digital trading card company #Sorare to expand its non-fungible token (NFT) offerings. The deal will last for four years and is worth a total of 120 million British pounds ($150 million).

Source: #Coindesk

#crypto2023 #bearorbull

🗞️ #Auradine , a Silicon Valley-based provider of web infrastructure solutions, has emerged from stealth and announced an $81 million Series A funding round.

The funding round was led by venture capital firms Celesta Capital and Mayfield. As part of the investment, Celesta’s Sriram Viswanathan and Mayfield’s Navin Chaddha will join the Auradine board.

#crypto2023 #feedfeverchallenge #adoption

Source: #Coindesk

🗞️ #Ethereum developers agreed on the full scope of the network's upcoming upgrade, called ''Dencun.''

The upgrade, also known as a hard fork, expected later this year, includes five Ethereum Improvement Proposals (EIPs) that designed to add more storage for data and reduce fees.

Source: #Coindesk

#KeepParticipating #KeepPosting

7 Successful Strategies of Crypto Traders- #Coindesk

1. More breakouts, more signals, more #trades

Adrian Zduńczyk, who runs a trading group called The Birb Nest, has a certain set of rules and signals he uses to enter trades, which are often breakouts.

2. The “moonbag” strategy
This one’s courtesy of Wendy O, former CoinDesker and host of The O Show. If a project that she’s #invested in starts to “moon,” she begins taking profits and then recoups her initial investment.

3. Correlated arbitrage
Paweł Łaskarzewski, who’s indifferent as to bull or bear markets, shares an example of two assets that are correlated in price action. “Tesla goes in the same direction as NASDAQ,”

4. Trading The “Wyckoff Method”
Over 100 years ago, a financial technician named Richard Wyckoff developed a theory that the market moves in cycles, and that understanding these cycles will give signals on when to buy and sell. They’re still used by traders and are known as the Wyckoff market cycle. 

5. Trade more than just #crypto
Many crypto traders are also stock traders and forex traders, hunting for the best setups wherever they may appear. “Why limit yourself?” says Łaskarzewski.

6. Use leverage with caution
Several times in our call Wendy O stressed that none of this is financial advice -- so I’ll repeat that message here -- and added that she doesn’t personally use much leverage.

7. Scalping
An oldie but goodie, and a key part of Nomad Fulcurm’s toolkit. “We have night scalpers and day scalpers operating on different timeframes,” says Łaskarzewski. “Hours, minutes, and quarter-hours.” The basic principle: You identify a range where the price has been yo-yoing -- let’s say it tends to bounce up when it hits $15 and then gets “rejected” (moves lower) when it hits $20.

⚡️ Crypto exchange Bullish acquires 100% of CoinDesk from Digital Currency Group

Cryptocurrency exchange Bullish has purchased 100% of CoinDesk from crypto-focused investor Digital Currency Group (DCG) in an all-cash deal. After the deal, CoinDesk will operate as an independent subsidiary of Bullish. Last week, Foresight Ventures bought a majority stake in The Block for a ~$60M deal.

#Coindesk #bulllish #DCG #Media #TheBlock

⚡In Nigeria, a new bill in the works could let local regulators recognize #cryptocurrencies as capital for investment.

#Bitcon #Binance #BNB

Source: #Coindesk

BREAKING: Switzerland’s 5th-largest bank PostFinance launches #bitcoin trading and custody services to 2.5 MILLION customers - #Coindesk

🗞️ Stablecoin issuer Circle Internet Financial is rebalancing the reserves backing the $30 billion USD Coin (USDC) as it braces for the risk of a U.S. government debt default.

The Circle Reserve Fund, managed by global investment management giant BlackRock, added $8.7 billion in overnight repurchase (repo) agreements to the portfolio as of May 16.
The so-called tri-party repo agreements involve banking giants such as BNP Paribas, Goldman Sachs, Barclays and Royal Bank of Canada.

Source: #Coindesk

#crypto2023 #usdc #feedfeverchallenge