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infinityhedge
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We Aggregate News that Matters

Details are the enemy of the Clicks

Sources: infinityhedge, BBG, RTRS, DB, X, TREE, PN, CT, etc

Admin: @infinityhedge21

X: @infinityhedge07

The info provided is for info purposes only, not financial advice.
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Binance: LayerZero (ZRO) Listing Will Be Postponed To 2024-06-20 13:00 (UTC).
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MicroStrategy has acquired an additional 11,931 BTC for ~$786M using proceeds from convertible notes & excess cash for ~$65,883 per bitcoin.
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Address labelled as 'German Government' appears to be selling bitcoins

> Address just moved 4k BTC
> 'German Government' still have 47.859K BTC

https://platform.arkhamintelligence.com/explorer/entity/germany
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infinityhedge
LayerZero is introducing a new claiming mechanism called Proof-of-Donation: link > To claim ZRO, users must donate $0.10 in USDC, USDT, or native ETH per ZRO. 😐 > $ZRO Claim Is Live
LayerZero Co-Founder on forced donation:

There is no forced donation, if you don't want to donate... simply don't claim. This is not something you own, it's something being offered
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infinityhedge
LayerZero Co-Founder on forced donation: There is no forced donation, if you don't want to donate... simply don't claim. This is not something you own, it's something being offered
LayerZero airdrop drama on Polymarket: 𝕏

> LayerZero airdrop chance on Polymarket dropped from 99% to 51% after LayerZero's Proof-of-Donation mechanism announcement.

> Possibly because LayerZero's blog post explicitly says: "this is not an airdrop." And also Airdrops supposed to be free w/ just gas fees.
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CFTC is investigating trading firm Jump’s involvement in crypto, including inquiries into its trading and investing activity: Fortune
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infinityhedge
Russia and North Korea signed pact vowing military aid for each other if either country is attacked or faces aggression. > Putin is in North Korea, first visit in 24 years
Putin: Russia Thinking About Possible Changes To Its Nuclear Doctrine.

> Possible Changes Related To Lowering Threshold For Use Of Nuclear Weapons In The West.

> No Need For Russia's Pre-emptive Nuclear Strike.

> We Do Not Rule Out Supplies Of High-Precision Weapons To North Korea.
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Market size estimates for tokenized assets going down YoY

> BCG: $16T by 2030 [2022]
> Bernstein: $5T by 2028 [2023]
> Citi: $5T by 2030 [2023]
> McKinsey: under $2T by 2030 [2024]
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infinityhedge
Putin: Russia Thinking About Possible Changes To Its Nuclear Doctrine. > Possible Changes Related To Lowering Threshold For Use Of Nuclear Weapons In The West. > No Need For Russia's Pre-emptive Nuclear Strike. > We Do Not Rule Out Supplies Of High-Precision…
Top headlines:

> The U.S. and China held informal nuclear talks for the first time in 5 years in March 2024 over China's potential use of nuclear weapons in a conflict over Taiwan. China assured it wouldn't use nukes in a Taiwan conflict, claiming confidence in winning conventionally

> Standard Chartered Is Building a Spot BTC, ETH Trading Desk

> Dell CEO posting about Bitcoin [he is pro Bitcoin nothing new but openly posting after long time]

> BTC mining is heating an entire town in Finland
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CoinStats hacked ⚠️

> If you have your private key exported move your funds ASAP
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Mt.Gox To Distribute Bitcoin, Bitcoin Cash Repayments Starting Beginning Of July 2024: Notice

> Last year in Sept. the Repayment deadline was moved from Oct 31, 2023 to Oct 31, 2024 so, it's July now.
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infinityhedge
Mt.Gox To Distribute Bitcoin, Bitcoin Cash Repayments Starting Beginning Of July 2024: Notice > Last year in Sept. the Repayment deadline was moved from Oct 31, 2023 to Oct 31, 2024 so, it's July now.
Estimated Mt. Gox Distribution

> At Current Prices:
$BTC: 141,868 ($8.5B)
$BCH: 141,868 ($50M)

> Prices At Bankruptcy
$BTC: $451
$BCH: $0
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infinityhedge
The Week Ahead: Macro: —BoE Interest Rate Decision on 20 —U.S. Initial Jobless Claims on 20 Crypto: —Tether will unveil its new class of digital assets products on 17 —Ethena to provide more details on tokenomics, staking and pools on 17 —Layerzero [TGE?]…
The Week Ahead:

Macro:
> GDP on 27
> Trump/Biden CNN debate on 27
> PCE Inflation data on 28
> FED Monetary Policy Report on 28

Crypto:
> Blast TGE/Airdrop on 26
> Nillion Community Round on Coinlist ends on 26
> Digital Assets Conference by Goldman Sachs on 27
> Binance will restrict the availability of Unauthorized Stablecoins for EEA users across its product offerings starting from 30
> Spot ETH ETF S-1 forms are expected to be approved in the next 10 days
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Tether will stop minting USD₮ on EOS and Algorand starting today, June 24, 2024. And will continue to redeem USD₮ on EOS and Algorand as usual for the next 12 months: link
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Dexscreener has launched Moonshot [a pumpdotfun like platform to launch tokens instantly]
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UAE's new guidelines suggest that payment tokens in the country must be backed by UAE dirhams and cannot be linked to other currencies: link

> UAE lawyer, believes this policy shift could signal a “less favorable environment” for crypto in the UAE and may prohibit crypto payments in the country.
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Israel vs Hezbollah conflict:

Warning issued by Countries urging citizens to refrain from travelling to Lebanon or leave immediately:
> Canada
> Germany
> Netherlands
> Switzerland
> Australia
> Sweden
> Russia
> USA
> India
> Saudi Arabia

Update: The Pentagon is moving U.S. military assets closer to Israel and Lebanon to be ready to evacuate Americans as fighting between Israel and Hezbollah intensifies.
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ID verification service for TikTok, Uber and X, exposed driver licenses: link
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