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๐จ Breaking: NZ man arrested in Auckland for alleged role in $265M global crypto fraud led by the FBIโfacing U.S. charges under RICO, wire fraud, and money laundering.
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#Web3News
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๐ข Robert Kiyosaki: Bitcoin will hit $250K this year! The Rich Dad Poor Dad author tweeted: ๐ฐ Heโs buying more Bitcoin ๐ Expects BTC, gold & silver to rise ๐ Predicts Bitcoin to reach $250,000 in 2024 ๐ Urges: โBuy more, donโt sell.โ Kiyosaki remains a vocal critic of fiat money. Do you believe in his bold call? #bitcoin #RobertKiyosaki
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๐งธ Berachain co-founder admits mistakes on Boyco TVL & incentives Smokey the Bera, anonymous co-founder of Berachain, admitted in community replies: โ No TVL cap was set for Boyco ๐ No BERA incentives were issued to it While controversial, such transparency reflects a willingness to engage and take responsibility. #Berachain #DeFi
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Morning News Update #Web3 ๐ Traders are opening large leveraged positions on Hyperliquid โ one whale went long with 40x leverage on 3,788.7 BTC. โ๏ธ Ukrainian court seizes ~$12M in crypto from a Binance-linked wallet involved in a case. ๐ Ethereum ACDC Call #157: fusaka-devnet-0 expected to go live on May 26. ๐ฌ๐ง UK crypto firms must report every user and transaction โ or face strict penalties. ๐ CryptoQuant: Bears are entering cautiously this cycle โ often a bullish sign. #CryptoNew #bitcoin #Ethereum
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๐ต๏ธโโ๏ธ Indonesia is cracking down on crypto crimes with blockchain + AI! ๐ Romance scams, ๐ฃ phishing, and ๐ค deepfake fraud are rising ๐ Bareskrim (CID) is using blockchain analytics + AI tools to track crypto-related crimes ๐ค Cooperating with exchanges, wallet providers & global law enforcement to catch suspects and freeze funds ๐จ Crypto is no longer a wild west โ global regulation is catching up. #CryptoSecurity #BlockchainAnalytics
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๐จ CryptoQuant: Undervalued ETH Attracting ETF Buyers, Potential Market Rebound Ahead @cryptoquant_com reports that ETH's MVRV ratio relative to BTC has dropped to its lowest since 2019, signaling it may be undervalued. Historically, ETH tends to outperform BTC from such levels. ๐ ETH/BTC ETF allocations have risen significantly since late April, reflecting institutional optimism driven by the upcoming Pectra upgrade and improved macro conditions. On-chain data shows reduced sell pressure and increased ETH volume. ๐ ETH/BTC has already rebounded 38% from its Jan 2020 low, sparking renewed bets on ETHโs bottom and the potential start of a new altcoin season. #Ethereum #BTC #CryptoQuant #etf #Web3
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