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Bitnewsbot.com covers the latest news and developments around crypto and the Web3 economy. Follow to get your news snippets on Binance.
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Magic Eden’s ME Token Launch Set for Dec 10, Airdrop Could Top $500M in Value MAGIC Token's Pre-Launch Valuation Soars Ahead of Highly Anticipated Distribution to NFT Community. https://bitnewsbot.com/magic-edens-me-token-launch-set-for-dec-10-airdrop-could-top-500m-in-value/
Magic Eden’s ME Token Launch Set for Dec 10, Airdrop Could Top $500M in Value

MAGIC Token's Pre-Launch Valuation Soars Ahead of Highly Anticipated Distribution to NFT Community.

https://bitnewsbot.com/magic-edens-me-token-launch-set-for-dec-10-airdrop-could-top-500m-in-value/
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Bullish
- #Solana  ( $SOL  ) set a new all-time high above $260, surpassing its previous 2021 record - The cryptocurrency has risen 386% over the past year, with an 11% increase in the last 24 hours - Recent U.S. presidential developments and SEC leadership changes contributed to the price surge - SOL recovered from its $8 low in 2022 following the FTX collapse.  Full post: https://bitnewsbot.com/solana-breaks-3-year-record-surges-past-260-as-trumps-win-boosts-market/
- #Solana  ( $SOL  ) set a new all-time high above $260, surpassing its previous 2021 record
- The cryptocurrency has risen 386% over the past year, with an 11% increase in the last 24 hours
- Recent U.S. presidential developments and SEC leadership changes contributed to the price surge
- SOL recovered from its $8 low in 2022 following the FTX collapse. 

Full post: https://bitnewsbot.com/solana-breaks-3-year-record-surges-past-260-as-trumps-win-boosts-market/
#Cardano ’s $ADA Token Surges 70% Amid Institutional Interest and Partnerships. Blockchain Platform's Native Cryptocurrency Surges Amid Broader Market Recovery. Get all the detailes: https://bitnewsbot.com/cardanos-ada-token-surges-70-amid-institutional-interest-and-partnerships/
#Cardano ’s $ADA Token Surges 70% Amid Institutional Interest and Partnerships. Blockchain Platform's Native Cryptocurrency Surges Amid Broader Market Recovery.

Get all the detailes: https://bitnewsbot.com/cardanos-ada-token-surges-70-amid-institutional-interest-and-partnerships/
💥 BREAKING: FBI Raids Crypto Prediction Platform CEO’s Home After #Trump Victory Forecast. #FBI  agents conducted an early morning raid on #Polymarket CEO Shayne Coplan’s Soho apartment, seizing electronic devices. A Polymarket spokesperson claimed the raid was politically motivated retaliation for their election prediction. Check Full Story: https://bitnewsbot.com/fbi-raids-crypto-prediction-platform-ceos-home-after-trump-victory-forecast/
💥 BREAKING: FBI Raids Crypto Prediction Platform CEO’s Home After #Trump Victory Forecast.

#FBI  agents conducted an early morning raid on #Polymarket CEO Shayne Coplan’s Soho apartment, seizing electronic devices.

A Polymarket spokesperson claimed the raid was politically motivated retaliation for their election prediction.

Check Full Story: https://bitnewsbot.com/fbi-raids-crypto-prediction-platform-ceos-home-after-trump-victory-forecast/
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Bullish
According to this pattern (which has been consistent for the past 14 years, #Bitcoin $BTC is getting ready for exponential gains. If you don't hold any Bitcoin.. I'm sorry.. 😔😔😔😔
According to this pattern (which has been consistent for the past 14 years, #Bitcoin $BTC is getting ready for exponential gains.

If you don't hold any Bitcoin.. I'm sorry.. 😔😔😔😔
Classic Games Like Pac-Man and Doom Find New Home on #Bitcoin and #Dogecoin . Classic games like Pac-Man, Tetris, and Doom are now playable directly on Bitcoin and Dogecoin blockchains through #Ordinals protocol. Full Post: https://bitnewsbot.com/classic-games-like-pac-man-and-doom-find-new-home-on-bitcoin-and-dogecoin/
Classic Games Like Pac-Man and Doom Find New Home on #Bitcoin and #Dogecoin . Classic games like Pac-Man, Tetris, and Doom are now playable directly on Bitcoin and Dogecoin blockchains through #Ordinals protocol.

Full Post: https://bitnewsbot.com/classic-games-like-pac-man-and-doom-find-new-home-on-bitcoin-and-dogecoin/
Genius Group to Add $120 Million Bitcoin to Treasury as $BTC BTC Hits New All-Time High Digital education company explores #bitcoin☀️ investment strategy following #MicroStrategySuccess corporate treasury model Source: https://bitnewsbot.com/genius-group-to-add-120m-bitcoin-to-treasury-as-btc-hits-new-all-time-high/
Genius Group to Add $120 Million Bitcoin to Treasury as $BTC BTC Hits New All-Time High

Digital education company explores #bitcoin☀️ investment strategy following #MicroStrategySuccess corporate treasury model

Source:

https://bitnewsbot.com/genius-group-to-add-120m-bitcoin-to-treasury-as-btc-hits-new-all-time-high/
Trump Taps Elon Musk to Lead New ‘D.O.GE’ Government Efficiency Department - Trump appointed Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency (D.O.GE) - The agency aims to reduce government bureaucracy and cut wasteful spending from the $6.5 trillion federal budget - #ElonsMusk announced all agency actions will be publicly posted online for transparency - #Dogecoin  ($DOGE ) rose 6% before the announcement but later settled at $0.38. - Other DOGE-themed tokens saw significant gains, with one rising 78.6% to $0.37 #TrumpSupportsCrypto #TrumpNominatesMuskDOGE #Trump47thPresident Full post: https://bitnewsbot.com/trump-taps-elon-musk-to-lead-new-d-o-ge-government-efficiency-department/
Trump Taps Elon Musk to Lead New ‘D.O.GE’ Government Efficiency Department

- Trump appointed Elon Musk and Vivek Ramaswamy to lead the Department of Government Efficiency (D.O.GE)
- The agency aims to reduce government bureaucracy and cut wasteful spending from the $6.5 trillion federal budget
- #ElonsMusk announced all agency actions will be publicly posted online for transparency
- #Dogecoin  ($DOGE ) rose 6% before the announcement but later settled at $0.38.
- Other DOGE-themed tokens saw significant gains, with one rising 78.6% to $0.37

#TrumpSupportsCrypto #TrumpNominatesMuskDOGE #Trump47thPresident

Full post: https://bitnewsbot.com/trump-taps-elon-musk-to-lead-new-d-o-ge-government-efficiency-department/
Ripple’s Legal Chief Raises Concerns Over SEC vs. Coinbase Ruling - Ripple’s legal officer, Stuart Alderoty, critiques recent court decision in the SEC vs. Coinbase case. - The court used four different definitions of “crypto ecosystem,” causing potential confusion. - The SEC’s narrow definition contrasts with broader interpretations that include various crypto stakeholders. - Similarities drawn between this case and ongoing Ripple litigation highlight regulatory challenges. - Concerns are growing over the implications for future crypto regulation due to inconsistent definitions. 👉 Visit BITNEWSBOT's Homepage for the full story
Ripple’s Legal Chief Raises Concerns Over SEC vs. Coinbase Ruling

- Ripple’s legal officer, Stuart Alderoty, critiques recent court decision in the SEC vs. Coinbase case.
- The court used four different definitions of “crypto ecosystem,” causing potential confusion.
- The SEC’s narrow definition contrasts with broader interpretations that include various crypto stakeholders.
- Similarities drawn between this case and ongoing Ripple litigation highlight regulatory challenges.
- Concerns are growing over the implications for future crypto regulation due to inconsistent definitions.

👉 Visit BITNEWSBOT's Homepage for the full story
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Bullish
- Rekt Capital predicts #bitcoin is on the verge of an all-time high breakout. - The cryptocurrency recently closed above its resistance level at $69,000. - A successful retest of this level as new support is crucial for confirming the breakout. - This development could significantly impact other cryptocurrencies like Solana and Dogecoin. - The end of Bitcoin’s traditional four-year cycle may herald major market changes. $BTC #BitcoinHalvingDrama 👍👍Get the full story on Bitnewsbot's homepage.
- Rekt Capital predicts #bitcoin is on the verge of an all-time high breakout.
- The cryptocurrency recently closed above its resistance level at $69,000.
- A successful retest of this level as new support is crucial for confirming the breakout.
- This development could significantly impact other cryptocurrencies like Solana and Dogecoin.
- The end of Bitcoin’s traditional four-year cycle may herald major market changes.

$BTC #BitcoinHalvingDrama

👍👍Get the full story on Bitnewsbot's homepage.
- Hong Kong-based asset managers are applying for spot Bitcoin exchange-traded funds (ETFs). - Major firms like VSFG and Value Partners have officially submitted their applications to the Securities and Futures -Commission of Hong Kong (SFC). - The move follows the United States’ approval of spot Bitcoin ETFs, signaling a global trend. - Regulatory flexibility in Hong Kong could attract both local and international investors. - The focus on regulation highlights the importance of managing risks associated with cryptocurrencies. $BTC #ETFs✅ #BTC🔥🔥🔥🔥 👉 Get the full story on Bitnewsbot's homepage.
- Hong Kong-based asset managers are applying for spot Bitcoin exchange-traded funds (ETFs).
- Major firms like VSFG and Value Partners have officially submitted their applications to the Securities and Futures -Commission of Hong Kong (SFC).
- The move follows the United States’ approval of spot Bitcoin ETFs, signaling a global trend.
- Regulatory flexibility in Hong Kong could attract both local and international investors.
- The focus on regulation highlights the importance of managing risks associated with cryptocurrencies. $BTC #ETFs✅ #BTC🔥🔥🔥🔥

👉 Get the full story on Bitnewsbot's homepage.
Researchers Uncover Undetectable Cloud-Based Crypto Miner Exploiting Microsoft Azure AutomationCybersecurity researchers from SafeBreach have revealed the development of the first fully undetectable cloud-based cryptocurrency miner, utilizing Microsoft Azure Automation without incurring charges. The study aimed to identify the "ultimate crypto miner," one that offers unlimited computational resources with minimal maintenance, cost, and detection risk.SafeBreach discovered three methods for running the miner, with one capable of execution in a victim's environment without raising alarms. The technique exploited a bug in the Azure pricing calculator, enabling the execution of an unlimited number of jobs at no cost within the attacker's environment. Microsoft has since addressed this issue.Another method involved creating a test job for mining, marking it as "Failed," and then initiating another dummy test job, effectively concealing code execution within the Azure environment. Threat actors could leverage these methods, establishing a reverse shell to achieve their goals.Additionally, the researchers found that code execution was possible by exploiting Azure Automation's feature allowing users to upload custom Python packages. Microsoft responded, categorizing the behavior as "by design," indicating that the method remains exploitable without charges.SafeBreach released a proof-of-concept called CloudMiner, showcasing the ability to harness free computing power within Azure Automation using the Python package upload mechanism. The cybersecurity firm cautioned that these techniques could extend beyond cryptocurrency mining, posing a threat to any task requiring code execution on Azure.Donate, help us continue our work 🙏 #CyberThreats #CryptoMining #HackerAlert

Researchers Uncover Undetectable Cloud-Based Crypto Miner Exploiting Microsoft Azure Automation

Cybersecurity researchers from SafeBreach have revealed the development of the first fully undetectable cloud-based cryptocurrency miner, utilizing Microsoft Azure Automation without incurring charges. The study aimed to identify the "ultimate crypto miner," one that offers unlimited computational resources with minimal maintenance, cost, and detection risk.SafeBreach discovered three methods for running the miner, with one capable of execution in a victim's environment without raising alarms. The technique exploited a bug in the Azure pricing calculator, enabling the execution of an unlimited number of jobs at no cost within the attacker's environment. Microsoft has since addressed this issue.Another method involved creating a test job for mining, marking it as "Failed," and then initiating another dummy test job, effectively concealing code execution within the Azure environment. Threat actors could leverage these methods, establishing a reverse shell to achieve their goals.Additionally, the researchers found that code execution was possible by exploiting Azure Automation's feature allowing users to upload custom Python packages. Microsoft responded, categorizing the behavior as "by design," indicating that the method remains exploitable without charges.SafeBreach released a proof-of-concept called CloudMiner, showcasing the ability to harness free computing power within Azure Automation using the Python package upload mechanism. The cybersecurity firm cautioned that these techniques could extend beyond cryptocurrency mining, posing a threat to any task requiring code execution on Azure.Donate, help us continue our work 🙏 #CyberThreats #CryptoMining #HackerAlert
Cardano’s Marlowe Update Revolutionizes Smart Contract Development: Unlocking Access for AllDrag, Drop, and Create: Cardano's User-Friendly Marlowe DSL Empowers a New Generation of Smart Contract Programmers A new update with the domain-specific language (DSL) #Marlowe has been implemented by #Cardano  the cryptocurrency network developed by Charles Hoskinson, co-founder of Ethereum. Activation within the Cardano mainnet was performed this May 30 early morning, as confirmed by the official Marlowe account, noting that the development team had been working on this upgrade since June 2022, as noted on the official Github. Unlike a traditional #programming language for smart contract programming, such as #Solidity, Marlowe offers a graphical interface, allowing users to create smart contracts through pre-programmed modules. This opens up the possibility for more people to create and audit their own contracts in ADA. Cardano shared the official documentation on how to use Marlowe for smart contract development. Users only need to drag and drop the different modules that make up their contract, without any syntax. Source: Bitnewsbot, Twitter

Cardano’s Marlowe Update Revolutionizes Smart Contract Development: Unlocking Access for All

Drag, Drop, and Create: Cardano's User-Friendly Marlowe DSL Empowers a New Generation of Smart Contract Programmers

A new update with the domain-specific language (DSL) #Marlowe has been implemented by #Cardano  the cryptocurrency network developed by Charles Hoskinson, co-founder of Ethereum.

Activation within the Cardano mainnet was performed this May 30 early morning, as confirmed by the official Marlowe account, noting that the development team had been working on this upgrade since June 2022, as noted on the official Github.

Unlike a traditional #programming language for smart contract programming, such as #Solidity, Marlowe offers a graphical interface, allowing users to create smart contracts through pre-programmed modules. This opens up the possibility for more people to create and audit their own contracts in ADA.

Cardano shared the official documentation on how to use Marlowe for smart contract development. Users only need to drag and drop the different modules that make up their contract, without any syntax.

Source: Bitnewsbot, Twitter
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