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🎉 Surprise, surprise! Cathie Wood's financial company, Arkham, has unintentionally become the owner of a Bitcoin Puppet worth a whopping $15,000! 🤯 This peculiar puppet found its way into a custody wallet linked to their ARKB ETF, leaving everyone curious about its journey. 🕵️‍♂️ The Puppet's tale began on January 4th, inscribed by bc1psg and passed through two Ordinals wallets. A Quantum Cat was minted on February 5th, using the Puppet’s inscribed satoshis as payment. 😺 The Puppet then hopped through several wallets associated with Wintermute, Coinbase, and Flow Traders before landing in ARK Invest’s custody wallet. 🎭 ARK has also been showered with multiple Ordinals airdrops from the Puppet community. Bitcoin Ordinals are gaining traction in the digital collectible space, even attracting financial titan Franklin Templeton, who believes Ordinals are sparking a 'Renaissance' in Bitcoin activity. 🚀 Bitcoin Puppets, along with collections like NodeMonkes, Runestone, Ordinal Maxi Biz, and Bitmap, are making waves in the NFT arena, showcasing Bitcoin's versatility beyond its traditional role as a digital currency. 💎 However, not everyone's on board. Binance, the crypto exchange behemoth, has announced plans to shut down its Bitcoin NFT marketplace, launched less than a year ago, as part of their "ongoing efforts to streamline product offerings." 📉 So, here's to the unexpected adventures of Bitcoin Puppets and the ever-evolving world of Bitcoin! 🍻

🎉 Surprise, surprise! Cathie Wood's financial company, Arkham, has unintentionally become the owner of a Bitcoin Puppet worth a whopping $15,000! 🤯 This peculiar puppet found its way into a custody wallet linked to their ARKB ETF, leaving everyone curious about its journey. 🕵️‍♂️

The Puppet's tale began on January 4th, inscribed by bc1psg and passed through two Ordinals wallets. A Quantum Cat was minted on February 5th, using the Puppet’s inscribed satoshis as payment. 😺 The Puppet then hopped through several wallets associated with Wintermute, Coinbase, and Flow Traders before landing in ARK Invest’s custody wallet. 🎭

ARK has also been showered with multiple Ordinals airdrops from the Puppet community. Bitcoin Ordinals are gaining traction in the digital collectible space, even attracting financial titan Franklin Templeton, who believes Ordinals are sparking a 'Renaissance' in Bitcoin activity. 🚀

Bitcoin Puppets, along with collections like NodeMonkes, Runestone, Ordinal Maxi Biz, and Bitmap, are making waves in the NFT arena, showcasing Bitcoin's versatility beyond its traditional role as a digital currency. 💎

However, not everyone's on board. Binance, the crypto exchange behemoth, has announced plans to shut down its Bitcoin NFT marketplace, launched less than a year ago, as part of their "ongoing efforts to streamline product offerings." 📉

So, here's to the unexpected adventures of Bitcoin Puppets and the ever-evolving world of Bitcoin! 🍻

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🚀🚀Buckle up, BTC enthusiasts! A Republican-led initiative to allow US banks to offer crypto custody services has been stopped in its tracks by the Democrat-led White House. 🏛️ The House of Representatives was all set to vote on House Resolution 109, which would have overturned previous accounting guidance for banks looking to offer this service. But, the Biden Administration announced its intention to veto the resolution if it gets through the House and Senate. 😮 🔍Let's dive a bit deeper. The guidance that the Republicans want to invalidate, known as Staff Accounting Bulletin (SAB) 121, outlines the SEC's views on the accounting responsibilities of firms safeguarding customers' crypto assets. The White House argues that the resolution would disrupt the SEC's efforts to protect investors and the broader financial system. 🛡️ 🗳️The resolution did manage to pass through the House, but only with 55% of the vote. All Republicans and 26 Democrats voted in favor. But for it to become law, it needs to pass through both the House and Senate with a majority vote and get the President's approval. If the President vetoes, it would need a two-thirds majority in both chambers. 🏦 Critics of SAB 121, including the act's sponsor Mike Flood, argue that the SEC bypassed the traditional rulemaking process and that the bulletin is more of a "rule" than "guidance". They claim it makes it too costly for banks to realistically offer crypto custody services. 🏧💰 Stay tuned for more updates, BTC fans! 🚀🚀
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🚨Crypto News Alert🚨: Binance CEO Richard Teng is calling for the release of Tigran Gambaryan, head of the crypto exchange's Financial Crime Compliance team, who has been detained by the Nigerian government for over 70 days. 😲 Gambaryan was in Nigeria for policy meetings, not negotiations, contributing as a financial crime expert. Teng warns this sets a dangerous precedent for global companies. "Let Tigran go home to his family, and then Binance will work through the same process that we have done with Nigeria's law enforcement community voluntarily more than 600 times in the past," Teng stated.👮‍♂️ The Binance CEO also revealed that the exchange's African regional manager, Nadeem Anjarwalla, was arrested in February. Despite the arrests, Teng confirmed Binance will continue to engage with Nigeria's Federal Inland Revenue Service (FIRS) to resolve potential historic tax liabilities.💼 Binance had reached out to Nigeria's SEC multiple times for guidance and collaboration, but received no response. Gambaryan and Anjarwalla were detained during a public hearing, accused of Nigeria's economic issues and terrorism financing. Binance agreed to delist the naira for their release, but Gambaryan remains detained.😔 Anjarwalla was released on March 23, but Gambaryan is still detained. The duo has filed a lawsuit against the NSA and EFCC for violating their human rights. Teng suggests the Nigerian government's actions are an attempt to control Binance through Gambaryan's detention. Stay tuned for more updates!🌐
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🚨Crypto Alert!🚨 The scoundrel behind a recent $71 million wallet phishing attack has finally started moving the stolen funds to new addresses. After six days of inactivity, the scammer has converted the stolen 1,155 WBTC into a whopping 23,000 ETH. 🕵️‍♂️ This crafty crook pulled off the heist by creating a wallet address that closely resembled the victim's in an "address poisoning" scam. The victim, like many investors, confirmed the authenticity of the wallet address by checking the first and last few characters. However, the middle characters, often obscured for visual aesthetics, were different. Sneaky, right? 😏 Blockchain investigation firm PeckShield spotted suspicious activity on May 8. The scammer began breaking down the stolen assets into smaller chunks and spreading them across numerous crypto wallets, a tactic aimed at diluting the stolen funds and making them harder to trace. 🕵️‍♀️ Despite the scammer's best efforts, PeckShield's investigation revealed that all the diverted assets can still be traced back to the unidentified scammer. So, the game is still on! 🎯 On a brighter note, April saw a significant decrease in crypto losses from hacks and scams, hitting a record low for the month at just $25.7 million. This is the lowest figure since 2021, thanks to a 141% decline in losses, primarily due to fewer private key compromises. 📉 Stay vigilant, crypto enthusiasts! The world of Bitcoin is full of opportunities, but let's not forget the risks. Always double-check before you transact! 💪🔍🚀
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