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- 2024-06-04
2024-06-04
Fernando Fierro
June 04, 2024
Howdy folks,
🦘📈 Australia's first spot Bitcoin ETF is set to launch this week, thanks to the regulatory nod from the Australian Financial Services (AFS).
Monochrome is leading the charge, with its ETF allowing investors to hold Bitcoin directly, a feature unique compared to U.S. counterparts.
Analysts anticipate the Monochrome Bitcoin ETF (IBTC) will begin trading today.
In other news:
🏛️🕵️♂️ DC Attorney General Brian Schwalb has hit MicroStrategy’s Michael Saylor with tax evasion accusations, leading to a $40 million settlement.
Saylor, a major Bitcoin advocate, allegedly boasted about dodging taxes, tarnishing his public image. Despite the settlement, both Saylor and MicroStrategy deny any wrongdoing.
💻🔐 A Binance user lost $1 million to a hacker exploiting a malicious browser extension. This incident highlights the significant security risks associated with browser extensions, urging users to remove unnecessary ones and review permissions carefully.
Binance’s slow response allowed the hacker to withdraw most of the stolen funds.
🛡️💸 Decentralized exchange Velocore is negotiating a refund after a $7 million hack. Offering the hacker 10% of the stolen funds, Velocore aims to recover the losses and improve security to prevent future breaches.
The hack exploited vulnerabilities in Velocore's smart contracts, severely impacting the platform and its users.
DailyCoin Daily Meme
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