FTX adviser AlixPartners boosts crypto tracing with Chainalysis
Crypto and DeFi fraud schemes have a lot in common with loan schemes and market manipulation in 1980 and the dot com era, AlixPartners’ David White observed.
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Beat crypto airdrop bots, Illuvium’s new features coming, PGA Tour Rise: Web3 Gamer
Illuvium founder asks: Where are all the new Web3 Games? NFT allowlist to eliminate gaming bots, official PGA golf tour game. Web3 Gamer.

TON Foundation raises $400M via token sale
By March, Telegram had 1 billion monthly active users, while TON blockchain had 41 million native accounts. The Open Network Foundation, also known as TON Foundation, has raised more than $400 million in token-based investments from several venture capital firms, signaling growing interest in the Telegram messaging ecosystem. Sequoia Capital, Ribbit, Benchmark, Draper Associates, Kingsway

Pump.fun launches lending platform to finance memecoin buys
Pump.Fi will let users buy memecoins and NFTs by paying one-third up front and the rest later, according to Pump.fun. Pump.fun is launching a lending platform to enable users to buy memecoins and non-fungible tokens (NFTs) with borrowed cryptocurrency, the Solana-based memecoin launchpad said. Dubbed Pump.Fi, the onchain lending protocol provides “immediate… financing for [any]

Israeli fintech Kima, Mastercard lab look to develop ‘DeFi credit card’
Kima is seeking to bridge traditional and Web3 finance and make the user experience more manageable.

Crypto Hedge Fund Managers: Ether More Like ‘Digital Tungsten’
According to Exponential Investments crypto fund managers, Ether is digital tungsten to Bitcoin's gold. 2263 Total views 34 Total shares Two crypto fund managers say Ether (ETH) is neither a worthy asset for investors nor a great store of value.According to a report posted June 11 by Steven McClurg and Leah Wald of Exponential Investments,…

NFT sales down 44%, Logan Paul sues Coffeezilla: Nifty Newsletter
Logan Paul claims YouTuber Stephen Findeisen, also known as Coffeezilla, “maliciously and repeatedly” made false statements about his NFT project CryptoZoo.

Wake up call? Bitcoin wallets move 3,500 BTC dormant since 2011
A Bitcoin whale has moved 3,500 BTC to new wallets for the first time since 2011, changing the address format from P2PKH to P2SH. 1749 Total views 35 Total shares Amid the ongoing market turbulence for Bitcoin (BTC) and other cryptocurrencies, some big investors are waking up to move their BTC holdings that were untouched…

US Senator-elect rails against potential crypto wallet ruling
Rumored upcoming crypto wallet regulation gains further opposition, this time from Cynthia Lummis, a recently elected Wyoming senator. 231 Total views 1 Total shares As per recent rumors, United States Secretary of the Treasury, Steven Mnuchin, could drop a stringent piece of crypto-related legislation before his expected exit at 2020’s end. The ruling could potentially…