Good morning DailyCoiners,Bitcoin has reclaimed $28,000, so that’s nice!

Let’s take the plunge.

• 🤑 Wallet's Waking Windfall

• ⚔️ Sandbox's Twitter Tussle

• 🇨🇳 China's Web3 Blueprint

🛌 Sleeping Ethereum Giant Rouses After 8 Years: Sudden Millionaire Alert

An Ethereum wallet, dormant since 2015, just yawned, stretched, and made quite a splash by moving a cool 8,000 ETH within two minutes. 

Picture a money-filled mattress gathering dust for eight years and then suddenly disgorges $14.7 million. That's the kind of morning the wallet owner had on May 27. Starting with a cautious 1 ETH transfer, they then dispatched the remaining 7,999 ETH to a new address. Blockchain analytics service Lookonchain was the detective first noticing this financial stir from the long-slumbering wallet. 😴This 2015 ICO participant, who paid a mere $0.31 per token for an initial outlay of about $2,500, has enjoyed a jaw-dropping gain of 590,000%.Nope...no envy here! 🙈

This newsletter is brought to you by: 

Round-the-Clock Support with LonghornFX: Your Dependable Trading Ally

At LonghornFX, support is always within reach! Our 24/7 customer service team is available and reachable via LiveChat, email, or a callback. Our technical trading desk is always on standby for any trading-related issues. Partner with us for a dependable trading experience.

🧐 Metaverse CEO's Twitter Breached: Watch out for SANDstorms

In a recent 'hackers-gone-wild' episode, The Sandbox (SAND) co-founder and CEO Arthur Madrid got his Twitter account compromised.

This tech glitch is like leaving your front door unlocked and having uninvited guests wreak havoc in your living room. 💣

Madrid warned his followers about the breach and urged them to treat links with a pinch of salt, especially those lacking The Sandbox’s official domain name.

The bad actors spun an intricate web of deception, staging a fake SAND token airdrop to lure victims to a potentially harmful site. 

It's like an oasis in a desert; only the water is poisoned. ☠️

The firm's virtual firefighters are hard at work, looking to douse the blaze and bring down the fraudulent site.

Remember, if it looks too good to be true, steer clear!

🇨🇳 Silicon Valley of the East: Web3 Edition

In the quest for fostering global innovation, Beijing has unveiled a blueprint for the future - "Web3 Innovation and Development White Paper."

This masterplan, unrolled at the Zhongguancun Forum by the Beijing Municipal Science and Technology Commission, is on track to turn Beijing into a global innovation hub that gives Silicon Valley a run for its money. 🏃‍♂️

Committed to pushing the envelope for Web3 advancement, the commission earmarks a whopping CNY100m ($14m) per year until 2025 to supercharge policy support and technological progression. 

Remember the Great Wall? 

Well, China's stance on cryptocurrencies once seemed immovable. 🗿

But, it looks like the wall is sporting a door, with the new white paper and a surprisingly crypto-positive segment aired on state-controlled China Central Television. 

As they say, a journey of a thousand miles begins with a single step, which could be Beijing's step toward the crypto world.

Or they could ban it all again!

DailyCoin Daily Meme

FTX Losses Prompt State Fund Temasek to Cut Pay

It is no secret that FTX’s founder and former CEO, Sam Bankman-Fried, managed to woo many sophisticated investors. These...

Shiba Inu’s BONE Up 25% as Rebound Rally Enlarges Market Cap

The SHIB Army, the community dedicated to pursuing Ryoshi’s vision for Shiba Inu (SHIB), commemorates his last message before vanishing, “I am...

Implications as Debt Limit Deal Omits Biden’s Crypto Tax

Earlier in May, the administration reiterated plans to impose a 30% tax on crypto mining as part of its 2024 fiscal budget proposal, arguing...

Thanks for joining us!

If you're hungry for more, there's always 

our website

.

See you next time for more crypto fun!