🇺🇸 Donald Trump’s advisor intends to increase Bitcoin to $10,000,000.

David Bailey, Trump’s crypto advisor and founder of Bitcoin Magazine, plans to create a political committee (PAC) with a budget of $200,000,000 to promote BTC in the United States.

PAC tasks:
➥ Bring the price of BTC to $10,000,000.
➥ Lobby for the abolition of income tax on BTC.
➥ Protect the right to self-preservation.
➥ Introduce Bitcoin education to schools.
➥ Allow U.S. debtor countries to repay debts in BTC.

Financing will be provided by Nakamoto Holdings, which manages $300,000,000 in BTC.

But experts warn: the use of public company funds for policy may lead to lawsuits from shareholders.

@Сryptoz ₿

#scam
⚠️ Hackers attack Ethereum addresses updated according to the EIP-7702 standard (Scam Sniffer)

Instead of old «approvals», packet transfers disguised as ordinary exchanges through Uniswap (Universal Router) are now used.

Everything looks legitimate until it’s too late.

@Сryptoz ₿

🔽 SoSoValue: The outflow of money from spot Bitcoin ETFs continues, -$333,190,000 for yesterday.

@Сryptoz ₿

🧐 Coinbase and PayPal bypassed the GENIUS law and continue to pay 4-5% per annum to #USDC and #PYUSD holders.

Although GENIUS prohibits stablecoin issuers from calculating profitability, crypto giants have found a loophole.

How it works:

✦ USDC issues Circle, and Coinbase simply accrues «rewards» without calling them interest.

✦ PYUSD releases Paxos, and PayPal allegedly only «provides access to the program».

The ban applies to issuers, not platforms that issue remuneration on behalf of partners or from profits on placed assets.

Critics believe that «yiel» and «remuneration» are the same, but legal wording allows you to circumvent the law.

@Сryptoz ₿

🤑 Small public companies are buying up #ETH - a new «gold rush»?

Since the beginning of the year, companies from the United States have increased their ETH reserves to $3.5b+ (an 8-fold increase). This is a new trend among small public businesses.

Why ETH?
➤ Cheaper BTC and easier to buy.
➤ Brings about 3-4% per annum due to staking.
➤ It is a top-1 asset for DeFi products, unlike the «passive» Bitcoin.
➤ Working asset: you can earn, not just store.

Risks:
➤ Some experts compare what is happening with the bubble of «meme shares» of 2021 (GameStop, AMC Entertainment, etc.) - rapid growth without a reliable basis.
➤ Ethereum is still volatile, the legal framework is weak, and the accounting for staking is gray.
➤ Stock analysts warn: there is a HYIP, but there is no stability yet.

@Сryptoz ₿

🤩 #ETH SharpLink Gaming bought 83,561 ETH ($264m) last week - announcement

Average purchase price: $3634.

Now the company’s balance sheet stores 521.939 ETH ($1.9b).

@Сryptoz ₿

🇮🇩In Indonesia, BTC can be included in national reserves - Bitcoin Magazine

The leaders of the crypto industry discussed with the government the possibility of using Bitcoin as a national reserve asset in the office of the Vice President of Indonesia.

@Сryptoz ₿

🇺🇸 SEC: Liquid staking tokens are NOT securities.

@Сryptoz ₿

🇰🇷 BDACS launches custodial services for #XRP in South Korea.

The regulated cryptocustodian opened access to XRP for institutionals - the first real step after the February agreement.

Storage is provided through Ripple Custody, stablecoin #RLUSD will be added in the future.

@Сryptoz ₿

🇨🇳 The Ministry of State Security of China issued a warning: the collection of biometrics is a threat not only to privacy, but also to national security.

An example is a foreign project that scans the irises allegedly for the distribution of tokens.

It’s almost certainly about Worldcoin - they give out #WLD for scanning the eye in special Orb devices.

What is the risk?
➤ The iris is like a fingerprint: it is unique for each person.
➤ If this data is leaked, it cannot be «changed» like a regular password - it’s forever.
➤ Such data can be used to fake identity, hack biometric systems and even espionage.

The authorities urge not to submit biometrics unless absolutely necessary and to report suspicious initiatives

There are already precedents: Worldcoin is under investigation in France, Germany and Kenya.

@Сryptoz ₿

🔞 FAIL: Another poor man lost $3,000,000 by signing a phishing transaction.

@Сryptoz ₿

#pendle #arb
🧐 Pendle launched the Boros platform in the Arbitrum network.

Now traders can speculate on BTC and ETH financing rates, like on Binance, but in a decentralized format.

@Сryptoz ₿

🔽 SoSoValue: The outflow of money from spot Bitcoin ETFs continues, -$196,180,000 for yesterday.

@Сryptoz ₿

🥰 #ETH Pharmaceutical company Cosmos Health attracts $300,000,000 to buy ETH in its reserves - release

@Сryptoz ₿

🇨🇳 Can the ban on cryptocurrency be lifted in China? (FT)

➤ China has started testing stablecoins provided by yuan - a tool to strengthen control over the movement of capital within the country.

➤ Now pilot projects are focused on large investors and companies.

➤ China plans to allow the launch of its first stablecoins in Hong Kong in an attempt to internationalize the yuan and compete with the dollar

➤ However, regulators fear that stablecoins may become a loophole for circumventing currency restrictions and accelerating the outflow of capital from China.

➤ The main risk is non-transparent transactions/money laundering. The Chinese government will carefully study digital assets before deciding on mass adoption.

@Сryptoz ₿

🇺🇸🇷🇺 Donald Trump: Steve Whitkoff held a very productive meeting with the President of Russia. Significant progress has been made!

White House: Secondary sanctions against Russia are expected to be imposed on Friday.

@Сryptoz ₿

💸 Parataxis will create a BTC reserve of $640,000,000 - release

Parataxis Holdings merges with SPAC company SilverBox IV to enter the stock market under the ticker PRTX and implement the strategy of «BTC-treasury».

Target markets are the USA and South Korea. In Korea, the project is supported by Bridge Biotherapeutics.

Parataxis Holdings is an investment company specializing in digital assets and capital management strategies with a focus on Bitcoin.

@Сryptoz ₿

#scam #breaking #aave
🚫 Aave SCAM site detected in Google’s advertising unit - PeckShieldAlert

Phishing ads are designed to empty crypto wallets - malware is usually introduced into such fake sites.

@Сryptoz ₿