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Cryptocurrency fraud was committed with Deepfake Elon Musk. Hong Kong authorities uncovered a cryptocurrency scam. Authorities have shut down an unlicensed and fake cryptocurrency exchange that claimed to be directly related to Elon Musk using the deepfake method. They used Elon Musk for cryptocurrency fraud Quantum AI, a Hong Kong-based cryptocurrency exchange, claimed on its website, which is no longer in use, that it had a direct relationship with Elon Musk. The company stated that Musk developed basic artificial intelligence technologies for crypto trading. In addition, Elon Musk's videos and images created by artificial intelligence were displayed on the company's website and social media accounts. The Hong Kong Securities and Futures Commission (HKSFC) took immediate action when it realized this situation. HKSFC, which issued a statement and warned cryptocurrency investors about this fraud, asked the Hong Kong police to close the company's website and social media accounts. A total of 23 crypto exchanges have applied for license registration in Hong Kong. HKSFC stopped accepting license applications from cryptocurrency exchanges in February and asked all unlicensed entities to cease operations by the end of May. However, the Hong Kong Monetary Authority (HKMA) and the Central Bank of Hong Kong are collaborating with local private sector firms such as HSBC and HashKey to enter the real asset tokenization space. $BTC $ETH $BNB

Cryptocurrency fraud was committed with Deepfake Elon Musk.

Hong Kong authorities uncovered a cryptocurrency scam. Authorities have shut down an unlicensed and fake cryptocurrency exchange that claimed to be directly related to Elon Musk using the deepfake method.

They used Elon Musk for cryptocurrency fraud

Quantum AI, a Hong Kong-based cryptocurrency exchange, claimed on its website, which is no longer in use, that it had a direct relationship with Elon Musk. The company stated that Musk developed basic artificial intelligence technologies for crypto trading. In addition, Elon Musk's videos and images created by artificial intelligence were displayed on the company's website and social media accounts.

The Hong Kong Securities and Futures Commission (HKSFC) took immediate action when it realized this situation. HKSFC, which issued a statement and warned cryptocurrency investors about this fraud, asked the Hong Kong police to close the company's website and social media accounts.

A total of 23 crypto exchanges have applied for license registration in Hong Kong. HKSFC stopped accepting license applications from cryptocurrency exchanges in February and asked all unlicensed entities to cease operations by the end of May.

However, the Hong Kong Monetary Authority (HKMA) and the Central Bank of Hong Kong are collaborating with local private sector firms such as HSBC and HashKey to enter the real asset tokenization space.

$BTC $ETH $BNB

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📢 BREAKING NEWS: In the last 24 hours, #long transactions worth $30.5 million and #short transactions worth $58 million of 32 thousand investors in cryptocurrency markets were liquidated. 🧙‍♂️The largest transaction liquidated at once was $2.95 million in #BTC parity on the #Binance exchange. 🧙‍♂️65% of liquidated transactions consist of short positions.
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🧙‍♂️On May 17, spot Bitcoin ETFs recorded $222 million in inflows. 🧙‍♂️ The highest entry was seen in Fidelity Bitcoin ETF with $99.4 million. 🧙‍♂️ Total assets of Spot Bitcoin ETFs reached $56.2 billion.
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OpenAI CEO Sam Altman Taunted Google: "I Can't Stop Thinking About the Aesthetic Difference" Sam Altman, #CEO of #OpenAI , which has become the number one name in the artificial intelligence industry, was a name that focused quietly on his work until now. However, this situation now seems to change. Because the company has started to taunt #Google with a post on X. This week has been quite active for the artificial intelligence industry. Important statements came from OpenAI on Monday and from Google on Tuesday. These statements revealed that competition is intensifying in the world of artificial intelligence. It looks like Sam Altman will now be directly involved in this rivalry. After the post by Sam Altman, we did some research to find out Google's answer. However, neither Google CEO Sundar Pichai nor any other official seems to have paid any attention to this issue. Because no one made a statement on the issue.
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The analyst also couldn't believe BlackRock's Bitcoin ETF statement: "Mindfulness..." Bloomberg's ETF analyst Eric Balchunas evaluated the fact that BlackRock has more than 400 Bitcoin spot ETF customers. Balchunas said, "This is mind-blowing..." and added that even 20 customers are important in such new beginnings, and that such a number can be considered one of the rare cases in the sector. After the Bitcoin spot ETFs were officially approved by the SEC on January 10, BlackRock company's IBIT product received billions of dollars of demand, and the total amount exceeded 16 billion dollars. Eric Balchunas, Bloomberg's ETF analyst, claimed that this situation was very rare. BlackRock, which officially reported its first quarter figures to the SEC, was seen to have 414 Bitcoin spot ETF customers. Regarding this situation, Balchunas said, “This is truly an event that will cause confusion. They broke the record very easily. For this kind of new products, even 20 customers is very good. "This is a truly rare situation..." he said. As it is known, companies submit 13F reports to the SEC on a quarterly basis. In this report, the figures for those 3 months are officially announced to the public. This is how details about the companies that bought from BlackRock's spot Bitcoin ETF and how much they bought were revealed. Many banks, from JPMorgan to BNP Paribas, from UBS to Morgan Stanley, also BlackRock's IBIT fund has received the most investments among Bitcoin spot ETFs so far. Of the 16.6 billion dollar investment, 844 million dollars belonged to Millennium Management company. The company ranks first in this sense. Following him is Schonfeld Strategic Advisors, with $248 million. $BTC $ETH $BNB
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Shiba Inu (SHIB) Will Outperform Dogecoin (DOGE) With Exciting Future Developments. *The cryptocurrency market has recently been on the agenda of financial news again due to new regulatory developments. *Many countries are considering frameworks to manage the growth and risks associated with digital currencies. *According to a leading financial analyst, “This regulatory change could redefine the crypto landscape.” Discover the impact of new regulations on the global cryptocurrency market. With governments around the world imposing strict controls on cryptocurrency transactions, their influence is spreading across global markets. The introduction of regulations is often seen as a double-edged sword. While it legitimizes cryptocurrencies, it increases compliance costs for businesses. Countries such as the United States, China, and European Union countries have proposed new rules that could significantly impact the operation of cryptocurrencies, affecting everything from transaction processing to taxation. In the past, the cryptocurrency market has shown volatility in response to regulatory news. For example, when a major economy announces stricter regulations, it often results in a decline in cryptocurrency prices as investors anticipate barriers to transactions and liquidity. On the other hand, clear and supportive regulatory frameworks can increase market confidence and attract investors. By analyzing historical market data, it is clear that regulatory news is an important factor in cryptocurrency market dynamics.
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