Daily CRYPTO NEWS recap📈🔥- 14.06.2024

•Holograph dumps -80% after exploiter mints 1B additional HLG tokens

Holograph, a blockchain tokenization platform, fell victim to a hacker who minted 1 billion HLG tokens, currently worth approximately $6.7 million. Holograph's X account confirmed the attack on June 14 and assured that the exploit had been patched. To prevent further malicious activity, Holograph's team and cryptocurrency exchanges are working diligently to block the hacker's account.

•Greenpeace alleges that the companies involved in mining Bitcoin contribute to environmental harm

Major financial institutions on Wall Street should be held responsible for financing the emissions-heavy Bitcoin mining industry, according to a new report by Greenpeace USA. Fortunately, the allegations target Wall Street titans and not independent miners. Greenpeace criticized banks for their hypocrisy, noting that while they have green, sustainability goals on their agenda, they also invest in or finance the crypto mining industry. Which is claimed to be "profit on environmental harm"

•Current $BTC distribution, ETFs are pushing significantly

Recent research shows Bitcoin's distribution:

• Private owners - 57%

• Lost - 17.6%

• Remaining to be mined - 6.6%

• Satoshi - 5.2%

• ETFS - 3.9%

• Corporations - 3.6%

• Miners - 3.4%
• US government - 2.7%

Stay tuned for more updates from MarMag! New posts coming soon :))

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