Bitcoin has had a strange and volatile 24 hours, so I will take a look at the research of analysts weighing up both sides of the equation. Meanwhile, the US Department of Justice charges KuCoin and its founders in a major case, there are pleas to stop memecoins, and the NFT game 'Munchables' is allegedly hacked by one of its own developers that were hired from North Korea, but you'll never guess what happened next.
Further reading:
- Bitcoin lacks support above $60K, chart shows as BTC price halts gains
- Bitcoin ‘sell-side liquidity crisis’ sees BTC move for the first time since 2010
- US Justice Department charges KuCoin and two founders with violating AML laws
- KuCoin says user assets are unaffected by the US SDNY indictment
- Crypto game Munchables on Blast exploited for $63M
- Munchables hacker returns $62.8M Ether without ransom
- Solana memecoin craze continues with Biden parody token reaching $250M market cap
So, grab yourself a coffee, and let’s get into it!