Crypto News Today, 24 June 2024: Latest Security and Projects in the Crypto Ecosystem

Bittime - Today's crypto ecosystem was shocked by a crypto mine fire in South Korea and money laundering in Singapore. However, there are several recent crypto projects that are encouraging.

What are they? Check out the explanation in this article.

Crypto Mine Fire in South Korea

Unpleasant news comes from South Korea. A crypto mine in Wansan District, Jeonju City, Jeollabuk Province experienced a fire.

As a result, 110 mining machines were destroyed with material losses worth 900 million South Korean won. The fire was successfully extinguished about 50 minutes after it was reported.

Crypto and Money Laundering in Singapore

The Monetary Authority of Singapore (MAS) issued the Singapore Money Laundering Risk Assessment Report 2024.

It states that there is a risk of money laundering there, which includes online fraud, organized crime, corruption, tax offenses and transaction-based money laundering.

The report explains that banks are often used for various types of money laundering.

These activities include self-washing, third-party laundering, and misuse of corporate and individual accounts for layering and integrating illegal funds.

Unlock the Latest Token

ACA, ALT, and YGG unlocked tokens together this week. The total token unlocking done was over $100 million. Here are the details:

• Acala (ACA) will unlock approximately 4.66 million tokens on June 25
• AltLayer (ALT) is scheduled to unlock approximately 105 million tokens on June 25
• Yield Guild Games (YGG) will unlock approximately 16.69 million tokens on June 27
• SingularityNET (AGIX) will unlock approximately 8.57 million tokens on June 28
• Tornado Cash (TORN) is scheduled to unlock around 90,000 tokens on June 30th
• Echelon Prime (PROME) will unlock approximately 750,000 tokens on June 30th
• Optimism (OP) is scheduled to unlock approximately 31.34 million tokens on June 30

The United States and Crypto

CME Group reports that there is an 89.7 percent probability that the Fed will keep interest rates on hold until August 2024. This shows stable market sentiment despite some economic uncertainty.

Defense factors for interest rates are inflation, the labor market, economic growth and global uncertainty.

Apart from news from the Fed, the United States also brought news that this country has a total of 217,486 Bitcoin worth $13.9 billion and 53,900 Ethereum worth $187 million. In this way, the United States has become one of the countries with the largest crypto reserves.

Anticipated Airdrop Project

There are several coins that are currently or will be holding airdrops.

One of them is Hamster Kombat which is predicted to have as many as 20 million coins to be allocated in its airdrop.

Due to the boom in Hamster Kombat, many people are wondering how much Hamster Kombat coins will cost after the airdrop is over.

Currently, the price of this coin is $0.0010 and is predicted to rise significantly after the airdrop.

Apart from Hamster Kombat, there are several projects on the Ton network that have the potential to hold further airdrops. These projects are Yescoin, Blum, W-Coin, Dotcoin, Catizen, and Memefi.

Conclusion

IToday's crypto news is something you can pay attention to. There will be crypto news that will be discussed on the Bittime website.

So, for those of you who don't want to miss out on any information from the crypto ecosystem, access the Bittime website regularly.

Bittime will provide the latest information on the crypto ecosystem. You can also check the price of your target coin in real time only on Bittime!

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via over. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.

To be able to buy crypto assets at over, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet.

For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Study Complete Guide How to Buy Crypto on Bittime.

Monitor graphic movement Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.