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#Robinhood crypto business slapped with SEC Wells Notice.

The SEC is planning to file an "enforcement action" against Robinhood's cryptocurrency business, according to the Wells Notice.

@tokenize 🤑 | @cryptonerds 🤑

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40,000 Ethereum 💰 (approx $128,063,721 USD) was sent from #Arbitrum to #Kraken Cryoto Exchange.

@tokenize 🤑 | @cryptonerds 🤑

👉 #MetaMask, the most popular #crypto wallet for #Ethereum, is rolling out a new feature this week designed to help users avoid the consequences of maximal extractable value, or MEV.

👉 The optional new feature, called Smart Transactions, will allow users to submit transactions to a "virtual mempool" before they are officially cemented on-chain.

👉 According to Consensys, the company behind MetaMask, the virtual mempool will protect against certain kinds of MEV strategies, and it will run behind-the-scenes simulations of transactions to help users get lower fees.

@tokenize 🤑 | @cryptonerds 🤑

👉 #Robinhood Gains 2%, Erasing Early Losses Following #SEC Wells Notice


👉 Robinhood ended support for Cardano (ADA), Polygon (MATIC) and Solana (SOL) on June 27 – the three tokens that were named as securities in the SEC lawsuits brought against Binance and Coinbase.

@tokenize 🤑 | @cryptonerds 🤑

🏦 Coinbase is experiencing a Lightning Network outage but the issue appears to be identified and is being worked on.

@tokenize 🤑 | @cryptonerds 🤑

🤑🤑Revolut launches #crypto exchange for experienced traders in #UK

👉 British fintech company Revolut has started what appears to be a phased introduction of its crypto exchange, Revolut X, as part of its intensified focus on #cryptocurrency initiatives.

@tokenize 🪙 | @cryptonerds 🪙

👉 #Poloniex Hacker Sends $3.3M Worth of #Ether to Tornado Cash

👉 A hacker that stole $125 million from Poloniex's hot wallets in November has sent 1,100 ether (ETH) to sanctioned coin mixer #Tornado Cash, according to blockchain data.

@tokenize 🤑 | @cryptonerds 🤑

🇦🇺 Australia’s tax office will force cryptocurrency exchanges to provide personal and transaction details of 1.2 million traders. ‼️

👉 The regulator is attempting to crack down on people trying to avoid paying their tax liabilities.

@tokenize 🤑 | @cryptonerds 🤑

👉 New legislation is on the way to target mixers as money-laundering tools, according to Rep. Sean Casten, who also highlighted Tether as the favorite token for illicit finance.


❓ Mixers, also known as tumblers, are services that increase the privacy of cryptocurrency transactions. They work by pooling together coins from multiple users and then redistributing them, making it difficult to trace the original source of the funds.

@tokenize 🪙 | @cryptonerds 🪙

👉 The world’s largest cryptocurrency asset manager #Grayscale Investments withdrew its application for an #Ether futures exchange-traded fund (ETF) just three weeks before the US Securities and Exchange Commission (#SEC) was set to rule on several spot ETH ETFs.

@tokenize 🤑 | @cryptonerds 🤑

👉 Four suspected South Korean OTC crypto “thieves” have pleaded guilty to stealing around $735,000 from a #crypto buyer in a “bogus” #USDT deal.

@tokenize 🤑 | @cryptonerds 🤑

👉 The #Starknet Foundation announced on May 7 a new $5 million seed grant program to support emerging projects on the network, boosting blockchain innovation.

👉 The new Seed Grants Programme will support at least 200 promising teams with $25,000 in USD Coin to give the “final push” to help projects launch on Starknet.

@tokenize 🤑 | @cryptonerds 🤑

👉 #FTX says most customers will get all their money back

👉 The #crypto exchange’s restructuring team has more than enough to repay FTX’s $11 billion debt.

@tokenize 🤑 | @cryptonerds 🤑

👉 #Sophon, an entertainment-focused #blockchain ecosystem, raised more than $60 million in a node sale, an increasingly popular type of fundraising method.

👉 #Node sales, described as a way of helping to #decentralize projects, are structured in pricing tiers, where the longer buyers wait, the more they have to pay.

👉 The project is built on zkSync's technology, using a data solution provided by #Celestia.

@tokenize 🤑 | @cryptonerds 🤑

👉 Peter Thiel's Founders Fund led a $13.2 million seed funding round into Lagrange Labs, a #cryptography startup based on Ethereum's EigenLayer restaking platform.

@tokenize 🤑 | @cryptonerds 🤑

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Former President Donald Trump says he'll stop the hostility towards crypto in the US and embrace it.

@tokenize 🤑 | @cryptonerds 🤑