May 3, 2024

Former FTX Exec Agrees to Transfer $5.9 Million Bahamas Property in Plea Deal

Former FTX Digital Markets co-chief executive Ryan Salame has agreed to transfer his multimillion-dollar property in the Bamas as part of a plea agreement in his case. The move comes after Salame pleaded guilty to criminal charges in September 2023, and his plea agreement required him to pay $5.6 million in restitution to the debtors....
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Dutch Authorities Arrest Suspect in ZKasino Online Gambling Scam

On April 29, Dutch law enforcement arrested a man believed to be connected to the fraudulent activities associated with the ZKasino internet gambling platform. During the operation, authorities confiscated assets valued at approximately 11.4 million euros ($12.2 million), including cryptocurrency, real estate, and luxury vehicles. Dutch Authorities Seize Millions in Assets According to a Fiscal...
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Costly Mistake: Victim Loses $68 Million In Address Poisoning Scam

Crypto hackers have claimed another major victim, fooling him into sending $68 million to a wallet he thought was somebody else’s. Blockchain data indicates that a once-wealthy Ethereum user lost all of his Bitcoin holdings after hackers contaminated a recipient’s wallet history. The user now holds just $1.6 million in crypto at his address. The...
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BitMEX Founder Arthur Hayes Sees Bitcoin’s Price Slump as Market Cleansing

Experts now suggest that bitcoin may have reached a local bottom and will gradually recover over the coming months. BitMEX founder Arthur Hayes, for one, noted that the leading cryptocurrency might see a surge in value if, as he predicts, liquidity increases in the economy next week due to Janet Yellen’s policies. Bitcoin May Have...
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Old XRP Coins Cause Stir Indicating Potential ‘Buy the Dip’ Interest

Dormant tokens in the XRP Ledger have begun to stir, setting the stage for May’s market activity. New data suggest the blockchain is seeing another “huge blast” in dormant XRP movement, alongside increasing open interest (AI). Surge in Old XRP Coin Movement According to Santiment’s Token Age Consumed metric, there has been a significant surge...
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NFTBank Launches NFTBank V2 to Enhance NFT Portfolio and Web3 Game Treasury Management

[PRESS RELEASE – Seoul, Korea, May 3rd, 2024] NFT portfolio management platform NFTBank is proud to announce the launch of NFTBank V2. This latest version offers users an enhanced experience in tracking and managing NFT investments with unmatched precision, acting as a prime tool to further expedite the revived web3 gaming movement. Renowned for its...
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Galaxis Gears up for Token Launch: Announces $1,000,000 Creator and Community Member Grants & Bybit IDO

[PRESS RELEASE – Zurich, Switzerland, May 3rd, 2024] Galaxis is preparing for this month’s token launch on Bybit, with the first phase commencing through the IDO. To further enhance this launch, Galaxis has announced a substantial $1,000,000 Community Creator and Community Member Grant Program. This initiative incentivizes both community creators and members for active engagement...
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Robert Kiyosaki’s 6 Rules of Surviving a Bad Market Crash Include Bitcoin: Details

Robert Kiyosaki, the author of the best-selling financial book Rich Dad, Poor Dad, has outlined six rules for surviving a market crash, mentioning bitcoin (BTC) as real money that goes up in value. According to a tweet by the financial educator, the market crash has begun and will be a bad one. However, such seasons...
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Bonk Price Surges as Sealana Emerges as Potential Next Big SOL Meme Coin

Bonk, Solana’s second-largest meme coin, is gathering tremendous momentum today as it soars 19%. Meanwhile, the newly launched SOL meme coin Sealana also looks bullish as its presale raises $140K on its opening day.  Meme Coin Frenzy Causes Bonk to Soar, But Traders Speculate Further Gains Ahead After dominating the Solana meme coin circuit for...
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BTC Price Surges Above $59K as Spot Bitcoin ETF Outflows Ease Up

Days after suffering devastating losses that dragged its price to $56,500, bitcoin rebounded on Thursday and during the early hours of Friday. This coincided with a slowdown in outflows from spot bitcoin exchange-traded funds (ETFs) in the US compared to the previous day’s record outflows. According to the latest data compiled by SoSoValue, spot bitcoin...
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Will Markets Sink on $2.4B Crypto Options Expiry Event? 

There are around 23,000 bitcoin options about to expire on May 3. These have a notional value of around $1.4 billion which has been pretty similar to previous expiry events. Crypto markets have been dumping hard all week but have recovered marginally in late trading on May 2. However, bitcoin remains under $60,000 and sentiment...
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Bitbot’s Presale Passes $3M After AI Development Update

[PRESS RELEASE – London, United Kingdom, May 2nd, 2024] AI-powered Telegram trading bot, Bitbot, has surged past the $3M mark in its presale after outlining its updated product offering. Bitbot now includes a layer of AI development on its blockchain analysis tool, Gem Scanner. The project has hurtled into stage 12 of its short 15-stage...
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Jonnathan Saborio Announces Smart Profit Global’s Mission to Democratize Blockchain Technology

[PRESS RELEASE – San José, Costa Rica, May 3rd, 2024] In the often confusing and jargon-heavy world of blockchain and decentralized finance, one company is on a mission to lower the barriers to entry. Smart Profit Global, led by visionary entrepreneur Jonnathan Saborio, has built a comprehensive ecosystem designed to help anyone confidently navigate and...
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Mayday

(Any views expressed below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Mayday ! Mayday ! Mayday ! Some of you degens were screaming “Mayday” as you watched crypto markets puke from mid-April...
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Prepare for a Bitcoin Chop Before the Positive Impacts of the BTC Halving Take Place: Bitfinex

Bitcoin is struggling to climb above the $60,000 mark after a devastating downtrend this week. Bitfinex analysts have shared their latest insights on BTC for May, predicting that the world’s leading cryptocurrency will continue to serve as the price action benchmark for the market, indicative of the entire asset class’s market cap. Bitcoin Consolidation to...
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Crypto Twitter Skeptical As MicroStrategy Proposes Bitcoin-Based Identity Solution

MicroStrategy has proposed a new Bitcoin-based strategy for combatting online spam – though Bitcoiners are skeptical as to whether it’s a good idea. During the annual MicroStrategy World conference on Wednesday, the company’s executive chairman Michael Saylor unveiled “MicroStrategy Orange” – an open-source decentralized identity solution built on Bitcoin. What is MicroStrategy Orange? MicroStrategy described...
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Bitcoin (BTC) $ 97,439.11 4.18%
Ethereum (ETH) $ 3,131.79 0.25%
Tether (USDT) $ 1.00 0.10%
Solana (SOL) $ 241.61 1.36%
BNB (BNB) $ 609.33 1.07%
XRP (XRP) $ 1.13 1.90%
Dogecoin (DOGE) $ 0.382437 2.66%
USDC (USDC) $ 0.999976 0.07%
Lido Staked Ether (STETH) $ 3,128.67 0.26%
Cardano (ADA) $ 0.776893 7.74%