2024-06-27

Author

Fernando Fierro
June 27, 2024

Howdy folks,

🔓💰 Julian Assange’s legal battles have finally ended with a substantial anonymous Bitcoin donation easing his debt. On June 24, Assange settled with the US Justice Department, but his freedom came with a $520,000 debt.

Within hours of launching his crowdfunding platform, a generous 8 BTC donation, worth approximately $487,424, arrived, covering 94% of the required funds.

In other news:

👑💸 The US State Department has intensified its hunt for Ruja Ignatova, the OneCoin ‘Cryptoqueen,’ by increasing the bounty for her capture to $5 million. Despite most of her associates being imprisoned, Ignatova remains at large since 2017.

This new reward, part of the Transnational Organized Crime Rewards Program, aims to accelerate her arrest.

🏛️🪙 Paying taxes with Bitcoin might soon become a reality in the US. Inspired by El Salvador, Congressman Gaetz introduced a bill allowing federal taxes to be paid with Bitcoin.

While the bill aims to modernize the tax system, it faces significant technical challenges, such as ensuring privacy and managing Bitcoin’s volatility.

⚠️🤘 Metallica’s X account was hacked to promote a scam memecoin called METAL. The hackers used false endorsements and promises of discounts to lure investors, resulting in over $10 million in trading volume.

The incident highlights the ongoing vulnerability of high-profile social media accounts to such attacks, underscoring the need for better security measures.

DailyCoin Daily Meme

Ethereum ETF Applications ‘Going Smoothly’ Says Gensler

SEC’s Gensler deflects Ethereum ETF approval date, but observers remain cautiously optimistic over an imminent go-live date.

Cardano Successfully Repels Network Attack with Uno Reverse

Cardano successfully repels spam attack, demonstrating network resilience, while developers plan upgrades to fortify defenses against future threats.

Ethereum’s “Ultrasound Money” Narrative Deflates in Extreme Run

Ethereum is experiencing its longest inflationary spell post-Merge. Is this the new reality for the megachain? Is the "ultrasound money" narrative now dead?

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DISCLAIMER: The content provided does not constitute financial advice. This newsletter is purely educational and should not be considered as investment advice or a recommendation to buy or sell any assets or make any financial decisions. Please exercise caution and do your own research.

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