Gimme The Coin

FBI Warns: Crypto Exchange Scammers on the Prowl! 📞 The FBI is sounding the alarm on a new wave of crypto scam artists who are posing as employees of legitimate cryptocurrency exchanges. Their goal? To swindle unsuspecting victims out of their hard-earned funds. 🔒 The con starts with an unsolicited call or message, with the fraudster claiming that the victim's account is under threat. They then cunningly convince them to hand over their login details, click on suspicious links, or even provide personal identification information. 💰 Armed with this data, these digital tricksters can swiftly empty victims' accounts, leaving them high and dry. ⚠️ The FBI's advice? Don't take the bait! Avoid clicking links, downloading attachments, or answering calls from suspicious sources. And if you do pick up, don't hesitate to hang up and dial the exchange's official number to verify any issues.

SEC Shares Compensation Claim Info For Terraform Fraud Victims 💰 The SEC is stepping up to help victims of the Terraform Labs collapse seek justice. If you lost out in the crypto chaos caused by Do Kwon, it's time to take action. 📝 The updated guidance from the SEC is a lifeline for those seeking answers and compensation. Don't miss out on your chance to be heard in Terraform's bankruptcy case. 💼 Terraform Labs may have agreed to a hefty settlement of $4.5 billion, but it's not just about the money. This is a message to all crypto players that fraud won't go unpunished. 🏦 While the SEC had its sights set on an even bigger penalty, Kwon's proposed slap on the wrist with a $1 million fine didn't cut it. He'll have to dig deeper into his pockets. 🌍 Kwon's global escapades came to an end in Montenegro, where he faced charges of document forgery. Now, the extradition battle begins as the US and South Korea vie for their turn at justice.

Terra Blockchain Hacked: $5.28M Lost in Security Breach 💥 The Terra blockchain has fallen victim to a security breach, resulting in the unauthorized access and theft of millions of tokens. 🔓 The exploit targeted a vulnerability in the IBC hooks module, a vital component for cross-chain contract calls and token movements, according to crypto researcher Rarma. 💸 The breach led to the illicit transfer of assets, including USDC stablecoin and Astroport tokens, with an estimated loss of around $5.28 million. 🚨 In response, Terra has swiftly enacted emergency measures, deploying a patch to address the exploit and bolster its defenses against future attacks. 🛡 While the vulnerability had been patched across the broader Cosmos ecosystem, a subsequent upgrade on Terra inadvertently left it exposed once again. 🌐 Terra, which emerged from the ashes of a financial collapse in 2022, is now back on track with block production after this latest setback.

🚀 Exciting news! Streamflow's token is launching soon, and you can earn it by completing simple tasks. The platform, known for secure and automated solutions for token vesting, airdrops, token locks, payroll management, and more, is now accessible to retail users. Plus, permission less staking is coming soon! Interested in the airdrop? 👉🏼 Join the Streamflow Odyssey points program now! 🌟 Dive into the world of Streamflow and start earning today!

Mongy mission is here!😸🍌🔥 A new telegram game came out just today from the $Mongy team for an airdrop. Help Mongy reach Bune Galaxy, invite friends and fight for the supply. - Based team (multi-billion FDV reached previously) - Top VC’s invested - Strong community - $40m ATH Defiently don’t want to miss this one. 🍌🍌🍌 PS : In just 14 days, $MONGY has secured listings on platforms like @MEXC_Official and @bitgetglobal, enhancing its accessibility and appeal to mainstream investors, and I’ve heard there are more coming 😉 https://t.me/mongy_bot/app?startapp=WCssuIWc

UK-Based Coinbase Hacker Sentenced to 42 Months in Jail 👨‍⚖️ In a landmark ruling, the Norwich Crown Court has handed down a 42-month prison sentence to 24-year-old Elliott Gunton, the notorious hacker behind the Coinbase breach. This young cybercriminal made off with a staggering sum of over $900,000 by targeting more than 500 Coinbase accounts. 🌐 Using a cunning ploy, Gunton and his cohorts set up a fake website, tricking unsuspecting users into revealing their login credentials. But their deviousness didn't stop there – they even managed to intercept phone calls by spinning sob stories to telecom companies. 📉 This isn't Gunton's first brush with the law. He has a track record that includes stealing data from TalkTalk and compromising Instagram accounts, leaving a trail of financial losses in his wake. ⚖️ Judge Alice Robinson didn't mince words, describing Gunton's actions as "highly sophisticated offending" driven by a desire for cold, hard cash rather than mere hacking thrills.

Republican Senator Roger Marshall Backs Out of Controversial Crypto Bill 🇺🇸 Republican Senator Roger Marshall has withdrawn his support for the Digital Asset Anti-Money Laundering Act (DAAMLA), an anti-crypto bill he co-authored with Democrat Senator Elizabeth Warren. Marshall’s withdrawal, announced on July 24, leaves the bill with 18 remaining supporters, as documented in the Congressional directory. 💬 Senator Warren, a vocal critic of the cryptocurrency industry, argued that digital assets were being exploited by “rogue nations, oligarchs, drug lords, and human traffickers” to launder vast sums of illicit funds. The bill sought to integrate the crypto industry into existing Anti-Money Laundering (AML) and counter-terrorism financing frameworks, categorizing entities like decentralized wallet providers, validators, and miners as financial institutions subject to the Bank Secrecy Act. 📲 The reintroduction of the DAAMLA bill to the Senate in July 2023 further intensified the controversy. Crypto advocates argue that the legislation overstates the role of digital assets in illegal activities and threatens to stifle the burgeoning U.S. crypto sector.

India Tracks Crypto Transactions on Darknet to Combat Drug Trafficking ⚡️ India’s Narcotics Control Bureau (NCB) has intensified its surveillance of cryptocurrency payments on the darknet in a bid to curb drug trafficking within its borders. Nityanand Rai, the Minister of State for Home Affairs, revealed the government’s strategy to tackle the import and inter-state movement of narcotic drugs was disclosed during a recent Parliamentary discussion. 🌟 NCB data indicates a noticeable uptick in the utilization of cryptocurrencies in drug-related crimes over the past five years, particularly in cases involving the darknet. During the session, Rai outlined a plan comprising 13 actionable points to address the escalating concerns of drug trafficking and narco-terrorism in the country, with a specific focus on combating the misuse of digital currencies. ❔ “A Special Task Force on Darknet and Cryptocurrency has been constituted to monitor suspicious transactions related to drugs on the darknet,” he said. In tandem with these efforts, the NCB has initiated training programs centered on digital forensics, darknet activities, and cryptocurrency to enhance its investigative capabilities in combating drug-related crimes more effectively.

Phoenix Group Unveils 25MW Crypto Mining Facility in South Carolina ⚡️ Abu Dhabi-listed Phoenix Group has launched a new 25-megawatt cryptocurrency mining facility in Willamette, South Carolina. The new mining operation boosts the company’s global mining capacity to 18 exahash, according to a recent report from Zawya. 💀 “The Willamette site enables us to deploy upgrades to our proprietary mining technology and optimize miner allocation for greater efficiency,” Seyed Mohammad Alizadehfard (Bijan), Co-Founder and Group CEO of Phoenix Group, said. 🌐 The launch of the Willamette site marks Phoenix Group’s expansion to ten mining facilities across the US, Canada, CIS, and the UAE. Each facility is dedicated to one of four core verticals, including mining, hosting, trading, and investments.

Breakthrough in Zero Energy Storage May Pave the Way for Eternal Blockchains 🔜 Recent advancements in long-term storage have opened up the possibility of creating digital ledgers that can store data for millions of years without the need for power. Referred to as “immortal blockchains,” these decentralized systems could revolutionize data storage and ensure the preservation of valuable information for future generations. 🎙 At its core, blockchain technology operates on the principle that decentralized ledgers offer enhanced data security compared to centralized servers. In the event of a local power outage or server failure, decentralized blockchains remain unaffected as long as operational nodes exist elsewhere. 🗣️ While modern computer systems typically rely on battery backups to ensure data retention during temporary power outages, future threats to both decentralized and centralized data storage systems loom on the horizon. One such theoretical threat is a global blackout, where a natural disaster or an electromagnetic pulse could render electronic systems non-functional on a global scale.

Breaking: $234 Million Drained From Indian Exchange WazirX, Withdrawals Suspended 🤡 One of the leading Indian crypto exchanges WazirX has been drained out of $234 million in a series of suspicious transactions today. WazirX confirmed the security breach and announced the suspension of withdrawals on the exchange temporarily.Earlier, blockchain security platform Cyvers Alerts reported that their system detected multiple suspicious transactions involving WazirX’s Safe Multisig wallet on the Ethereum network. 😮 A total of $234.9M of funds have been moved to a new address. Each transaction’s caller is funded by Tornado Cash, it added. The suspicious wallet “0x04b2” has already dumped $7.6 million worth of PEPE and swapped GALA and USDT to ETH. 💸 According to Lookonchain data, Shiba Inu (SHIB) tokens topped the list of withdrawn funds, with over $100 million taken out. This was followed by $52 million in Ether (ETH), $11 million in Matic (MATIC), and $6 million in Pepe (PEPE). The hacker has already started dumping these assets.

RWA Platform Jade City to Launch Late 2024 ✔️ Jade City, a real-world asset (RWA) platform, is planning to launch its token by the end of the year, with the firm aiming to change the way precious commodities are accessed and traded. There are two business segments, Jade Vault and Jade City, the firm’s CEO William Ralston Saul told CryptoNews. The jade mining and tokenization businesses have already made significant strides with fund raising intiatives and in the world of digital finance and precious minerals, said Ralston Saul. 🟢 So far, Jade Vault, the jadeite storage and trading company has raised $2.1 million to kickstart the production of a jade mine in Kazakhstan. This investment is a critical step towards tapping into one of the world’s most coveted and historically significant gemstones. ➕ Simultaneously, Jade City is planning to secure $1.8 million in a private funding round. So far, Jade City has raised $300,000 bringing the total capital raised for the Jade business to $2.4 million, Ralston Saul told CryptoNews. Jade City and the Vault side of the businesess were founded by James Bowater and are led by Ralston Saul. The funding round in Jade Vault was led by Consensus Capital the firm which backed Casper Labs, said Bowater.

MAGA Memecoin (TRUMP) Spikes 52% Following Donald Trump Assassination Attempt 🇺🇸 The largest Donald Trump-themed memecoin, MAGA (TRUMP), experienced a price surge of over 50% following an assassination attempt on the former United States president while he was speaking at a rally in Butler, Pennsylvania. 💵 The Ethereum-based memecoin saw its value soar from $6.31 to $10.36 immediately after the incident, causing its total market capitalization to skyrocket from $293 million to $469 million in less than 45 minutes. The news of the assassination attempt also had an impact on other Trump-themed meme coins. 🪙 Tremp (TREMP), a memecoin based on the Solana blockchain, surged by more than 63% within an hour of the incident. Another memecoin called MAGA Hat (MAGA) briefly spiked by 21% during the same timeframe.

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Bitcoin Miner Greenidge Generation Deploys 2,400 Miners at New Mississippi Site ➕ Greenidge Generation Holdings Inc., once one of the largest public Bitcoin miners in the US, has launched a new site in Mississippi, with 2,400 BTC mining capabilities. The massive mining establishment, which spans across 12-ache, currently utilizes 8.5 MW (megawatt) power, according to the company’s official release. Besides, Greenidge is also looking to obtain at least 25 MW of additional power in the next 12 months. 💵 Further, the mining rig uses Greenidge Pod X, which boasts using optimal temperature with better longevity, a capacity of 792 miners and reduced noise complaints. Additionally, the company wrote on X that these pods are National Electrical Code (NEC)-compliant. 🔼 “Utilizing the NEC-compliant Greenidge Pod X helped reduce buildout costs and increase efficiency of the new mining site.”Greenidge said that it will make use of the infrastructure solution within the industry to foster its growth.The Bitcoin mining site was inaugurated on July 1, the announcement read. The company is also planning to deploy its first shipment of Antminer S21 Pro Bitcoin miner in the coming weeks.

1 cat monkey + 1 cat banana = $MONGY the cat monkey. Underwent a fair launch on pumpfun with chart looking very nicely set for a breakout. Touched 2 million market cap just after an hour from launch. Strong team. Strong community. 💻 Website 📱Telegram community channel 📈 Chart

European Investors Get More Crypto Options as 21Shares Launches New ETPs 🛍 Crypto asset manager 21Shares has launched three crypto exchange traded products (ETPs) on Euronext Paris and Amsterdam, looking to grow its offerings. The new funds are called 21Shares Immutable ETP (AIMX), 21Shares Injective Staking ETP (AINJ) and 21Shares Sui Staking ETP (ASUI). Counting these, the firm now offers 43 crypto ETPs in Europe, managing over $3.3b in total assets. 🤫 As of March, the asset manager’s total assets under management (AUM) exceeded $5b, boosted by the crypto market’s rebound. Other funds it already offers in Europe include options for Ethereum Staking, Bitcoin ownership, and a diversified crypto basket.21Shares’ Solana Staking ETP (ASOL) is its most popular product in Europe, according to the firm. Launched in 2021 as the world’s first Solana ETP, ASOL currently has over $800m in AUM. 🗣️ The Immutable ETP lets investors jump on the gaming and digital collectibles trend, tracking Immutable native token IMX’s performance. The Immutable blockchain is seen as a potential leader in the crypto gaming space, making AIMX an attractive option for investors looking to capitalize on this growth.

Join Waterfall - a highly scalable and a highly decentralized BlockDAG EVM compatible Layer 1 protocol 🚀 🎉We are excited to announce that our Mainnet was launched on Friday, June 28, and our listing date on Gate.io is set for Wednesday, July 17! 🔔 Follow us on social media: Discord: https://discord.gg/Nwb8aR2XvR Coinmarketcap: https://coinmarketcap.com/community/profile/waterfall_network/ Twitter: https://twitter.com/waterfall_dag Telegram: https://t.me/waterfall_network

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Decentralized Protocol Hinkal Launches ‘Eigenlayer for Privacy’ 📍 Hinkal Protocol, a multi-chain privacy layer for confidential on-chain transactions, has launched the Shared Privacy Protocol which allows cross-chain privacy through anonymous staking. In an announcement made at EthCC 7, Hinkal said the privacy protocol offers several benefits. These include allowing stakers to deploy native and staked assets to the protocol, generating additional yield while maintaining the flexibility to trade yield tokens on other dApps. 🎵 The protocol claims traders can benefit from the expanded Shielded pool, further obfuscating their trading strategies and maximizing deployed capital across multiple chains. Developers of decentralized exchanges and dApps will be able to now seamlessly integrate Hinkal’s Shared Privacy Protocol directly into their platforms, granting new privacy capabilities to their users. ℹ️ “Ensuring complete privacy on-chain is a critical step in enabling the full adoption of crypto as an asset class across the institutional financial sector,” said Georgi Koreli, co-founder and CEO of Hinkal. “The Hinkal Protocol has already seen rapid adoption across our institutional network, and the launch of the Shared Privacy Protocol is a key milestone in unleashing the power of community and breaking privacy barriers in crypto,” adds Koreli.