TOP 5 Coins With the Highest Gains

| Cryptocurrency | Price | % Change | | --- | --- | --- | | AIOZ Network | $0.7923 | 15.46% | | Sei | $0.6693 | 11.51% | | Near Protocol | $6.87 | 8.35% | | Pepe | $0.000006472 | 6.42% | | The Graph | $0.3045 | 6.21% |

Key Highlights from the Crypto News:

• Nadeem Anjarwalla, a Binance executive who fled Nigeria, has been apprehended by Kenyan authorities. He faces extradition to Nigeria for accusations of financial crimes, including tax evasion and money laundering amounting to $35.4 million. Anjarwalla's arrest, along with Tigran Gambaryan, highlights global cooperation in fighting financial fraud.
• Bitcoin and Ethereum experienced significant outflows totaling $226 million last week. Bitcoin saw $192 million leaving while Ethereum had $34 million exiting, marking the 6th consecutive week of outflows. Conversely, altcoins like Litecoin and Chainlink attracted inflows, contrasting with negative sentiment in blockchain equities and the US ETF market.
• Thailand's SEC announced steps to combat online crime and money laundering through unauthorized digital asset service providers. Collaborating with relevant agencies, they aim to prevent unauthorized access to these platforms, following examples from India and the Philippines. The crackdown emphasizes compliance, user protection, and a secure digital asset environment.
• US presidential candidate Robert F. Kennedy Jr. pledges to move the entire US budget onto the blockchain for transparency. His initiative has received backing from the crypto community, including Cardano's Charles Hoskinson. RFK Jr. is seen as a novel figure in politics despite his family's support of Joe Biden.
• Thai SEC will block unlicensed cryptocurrency exchanges to tackle money laundering, following steps taken by India and the Philippines. Investors are advised to withdraw their funds before the ban. Popular exchanges like Binance operate illegally in Thailand. EU's MiCA may introduce regulations on DeFi, affecting accessibility, according to MakerDAO's Christensen.
• Bitcoin's fourth halving has sparked differing opinions in the crypto space. Avalanche's Gün Sirer critiques the sudden reward reduction while acknowledging its speculative impact. Tether's Ardoino doubts immediate price effects but is watching the potential impact on ETFs. Hyun of TON Foundation sees halving as a demonstration of crypto's self-regulating code to broader audiences.
• Economist Peter Schiff has criticized Bitcoin's transaction fees and processing times post-halving, leading to debates. BitMEX Research suggests that high fees indicate success but could impede adoption. Schiff proposes gold tokenization on the blockchain as a solution, claiming its superiority over Bitcoin. Earlier, Schiff's sarcastic remark about Bitcoin's halving received backlash.

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