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13/05/2024

Ripple devs became members of DeRec, an alliance that includes Hedera, Algorand, and other Web3 networks. Together, they’re creating a universal storage standard to enable the recovery of digital assets. Details at👇

13/05/2024

👀Apple is in final negotiations with OpenAI regarding using ChatGPT on iPhone. Bloomberg reports this citing informed sources. ChatGPT features will be implemented in the upcoming iOS 18 update if the parties agree.

👀Bloomberg reported that the U.S. Department of Justice will oversee Binance through consulting firm Forensic Risk Alliance (FRA) for the next three years. FRA representatives will have access to the crypto exchange’s internal records, facilities, and employees.

👀In April, Magic Eden came out on top in terms of trading volume among NFT marketplaces with $486 million, according to DappRadar. Experts attribute the site’s success to Ordinals support. Today tokens issued using this protocol account for ~70% of trading turnover.

08/05/2024

In Hong Kong, representatives from the digital asset industry, tech companies, academia, regulators, international organizations, and banks teamed up to create industry standards for asset tokenization in the region. Details at👇

08/05/2024

🔍 According to the Digital Currency Group survey, in the U.S., 70% of citizens believe the financial system is outdated, 41% agree that crypto represents a new path to financial security and prosperity, and 35% believe crypto is the future of transactions.

🔍 Gary Gensler, Chairman of the SEC, complained on CNBC that he receives an inordinate number of questions about cryptocurrency despite its relatively small volume compared to the overall financial market. He also emphasized that most of the crypto market doesn’t comply with U.S. laws.

🔍 FTX representatives offer to pay $16.3 billion to creditors as compensation, repaying 100% of the original claims plus interest on bids of less than $50,000. However, the offer doesn’t correspond to the value of lost assets equivalent to current market prices.

07/05/2024

The SEC investigated the listing and storage of cryptocurrencies on the Robinhood trading platform and accused the platform of violating securities laws. The company’s lawyers are ready to prove innocence on all charges. Details at the website 🙄

07/05/2024

🗞 To maintain their role in the financial system, global central banks must embrace CBDCs and accelerate the integration of distributed ledger technology (DLT) as physical money loses its appeal. This was expressed by Joachim Nagel, President of the Bundesbank and Member of the ECB.

🗞 DeFi protocol Hermetica developed USDh, the world’s first synthetic dollar backed and secured by Bitcoin. The asset will be launched in June this year, allowing users to earn returns of up to 25% per annum.

🗞 Spot ETFs based on Bitcoin and Ethereum in Hong Kong raised about $22.5 million in the first week after launch, far less than Bitcoin exchange-traded funds in the U.S. The first spot Ethereum ETF raised $9.3 million in a week.

06/05/2024

It’ll become more challenging to use USDT in the black market and circumvent sanctions due to a new collaboration between Tether and Chainalysis in the field of on-chain analytics. The USDT issuer intends to block addresses associated with illegal activities. Details at ⬇️

06/05/2024

By 2030, there will be ~8 billion smartphones in use, 70% of which will be used for crypto transactions. Vodafone plans to embed crypto wallets into SIM cards to meet the demand for mobile blockchain solutions. Details at👇

06/05/2024

📌 The Bitcoin blockchain processed its one billionth transaction on May 5, 15 years after its launch, on day 5,603 of operation. Meanwhile, according to Etherscan, the Ethereum blockchain processed over 2 billion transactions since its launch in July 2015.

📌 The total value of BTC stored in wallets of various states and public and private companies is $175 billion. ETF accounts hold $74.5 billion, states — $40.7 billion, private firms — $37.8 billion, and public companies — $22.3 billion. The data was prepared by VanEck.

📌 For the first time since late 2022, VC investments in crypto companies exceeded $1 billion for two months, according to data from RootData. In April, Web3 companies attracted $1.02 billion in 161 investment rounds, and in March — $1.09 billion in 186 rounds.

01/05/2024

Analysts and on-chain services are seeing strong growth in the RWA sector. According to various aggregators, the TVL of RWA tokenization protocols is between $6 and $8 billion, and the number of active users quadrupled over the year. Details at 📈

01/05/2024

👀 Changpeng Zhao, ex-CEO of Binance, was sentenced to four months in prison in the U.S., although prosecutors demanded three years. CZ pleaded guilty, repented, apologized, and assured the court. He said, “This will be my only encounter with the criminal justice system.”

👀 In April, losses from hacker attacks, exploits, and fraud totaled $25.7 million, an all-time low, according to CertiK analysts tracking the situation since 2021. Exploits caused a significant portion of the lost funds, about $21 million.

👀 Regarding the number and value of transactions, USDC overtook USDT in April, Visa reported. 177.99 million transactions were made in USDC during the month against 174.61 million in USDT, and the value of transactions in USDT for the last four weeks amounted to ~20.5% of the total.

30/04/2024

Ripple is launching a corporate Web3 solution for supply chain finance in Japan, the analog of which proved itself in Mainland China, where it’s available since 2019 and managed to process transactions worth ~$3 billion. Details at 💸

30/04/2024

The EigenLayer protocol’s token, EIGEN, will appear in the restaking ecosystem and can be used in various apps based on intersubjective agreement. The EigenLayer team also plans to conduct an airdrop. More on the terms at 🙌

30/04/2024

🖇 By the end of 2025, the global number of crypto users will reach 1 billion. This conclusion was reached by famous crypto analyst W***y Woo, who released a unique chart. The growth in the number of crypto users above 1 billion is expected to trigger mass crypto adoption.

🖇 In April, USDC users made 3 million more transactions than USDT users. According to Visa data, USDC had 166.6 million monthly transactions, while USDT had 163.6 million, with Tether’s stablecoin remaining the largest in terms of cap and number of users.

🖇 North Korean hackers from the Lazarus Group created a fake profile on LinkedIn to send phishing links to conduct cyberattacks on DeFi projects. The page of Nevil Bolson, a fake employee of investment firm Fenbushi Capital, was linked to the hackers through IP address matching.

29/04/2024

Non-custodial Bitcoin wallet providers are restricting U.S. users’ access to their services, as local authorities accuse their devs of breaking laws and imputing illegal activity. Read more at 🙄

29/04/2024

📎 Republic First Bank went bankrupt in the United States. As of January 31, the bank had about $6 billion in total assets and $4 billion in deposits. This is the first collapse in the U.S. banking system in 2024. Republic First Bank’s assets and 32 branches were placed under the management of Fulton Bank.

📎 Law enforcement agencies in the U.K. were given the power to confiscate crypto used by criminals without making a seizure. They can also destroy assets potentially harmful to the public good, such as privacy-enhanced cryptocurrencies.

📎 Google Cloud introduced a Web3 portal for blockchain developers that includes a guide to setting up nodes and datasets, various educational materials, and access to specialized products. Developers can test Sepolia and Holesky networks.

26/04/2024

Visa launched an on-chain analytics service to study organic activity in the stablecoin market. The service’s algorithms filter automated transactions, considering only traditional settlements. Read more about the new service at 🔍

26/04/2024

🔸 Boomers will invest ~$300 billion in crypto within a year as a result of the approval of spot Bitcoin ETFs that gave them access to the digital asset market. This opinion was expressed by Mark Yusko, CEO of Morgan Creek Capital, during The Wolf Of All Streets podcast.

🔸 The first satoshi mined in the first block of Bitcoin after the fourth halving was sold for 33.3 BTC (~$2.13 million) in an auction on the CoinEx Global exchange. The unique “epic sat” is a collectible, assigned a serial number of 1,968,750,000,000,000.

🔸 Web3 startups should avoid the U.S. market when conducting ICOs and other public forms of initial token sales if they don’t want to be accused by the SEC of violating securities laws. Miles Jennings, General Counsel of a16z crypto, expressed this opinion.

25/04/2024

🖇 In Canada, 39% of institutional investors owned crypto in 2023, according to analysts at KPMG. Over two years, this figure increased by 8%. The main reason is hedging the risks associated with rising inflation rates in the country and the volume of U.S. government debt.

🖇 Samourai Wallet co-founders were arrested on charges of money laundering and providing unlicensed financial services. The arrests occurred in the U.S. and Portugal. The company’s servers and domain were seized in Iceland. The charges were brought by the U.S. DOJ.

🖇 The Chainlink Cross-Chain Interoperability Protocol (CCIP) is now publicly available. Developers could use it as they see fit; for example, to conduct cross-chain transactions or enable interoperability of smart contracts deployed on different blockchain networks.

24/04/2024

Block announced that it completed the development of a specialized Bitcoin mining chip based on 3-nanometer technology, the most advanced semiconductor process used in industrial production today. Details at 🔍

24/04/2024

⚡️The HBAR Foundation announced the placement of tokenized shares of the BlackRock ICS US Treasury Fund on the Hedera network. But it was revealed that the shares were bought in the secondary market, and BlackRock didn’t participate in tokenization, despite a nearly 100% rise in HBAR, Hedera’s native token.

⚡️Scammers are promoting an “exclusive earnings program” among Telegram users aimed at stealing TON. Kaspersky Lab warns about this scam, which is occurring amidst the hype surrounding the integration of The Open Network into Telegram.

⚡️Tether, the USDT issuer, stated that it’ll freeze crypto addresses that violate the U.S. sanctions regime. This announcement followed media reports that Venezuela’s state-owned oil and gas company was using USDT to bypass sanctions.

23/04/2024

👀 Analysts at Fidelity Digital Assets changed their mid-term outlook on BTC quotes from “positive” to “neutral”: at the end of Q1. According to them, the asset is now trading at “fair value” and 99% of addresses are profitable, which “could incentivize selling.”

👀 The New York Stock Exchange (NYSE) is exploring the possibility of launching 24/7 stock trading similar to the mechanics of the crypto market. Now NYSE analysts are conducting a survey among traders, finding out their attitude to this issue. This is reported by the Financial Times.

👀 Meme coin Shiba Inu raised $12 million from several institutional funds. The funds will be used to finalize a new privacy layer — L3 protocol Treat on the Shibarium blockchain, which will be based on fully homomorphic encryption (FHE) technology.

22/04/2024

👀 Sergey Nazarov, Co-Founder of Chainlink, said during Token2049 that integrating the Web3 industry and the sphere of traditional finance will intensify due to real-world asset (RWA) tokenization. He expects this process to intensify within 3–4 years.

👀 Binance launched Megadrop, a platform for airdrops and Web3 quests. It’ll combine Binance Simple Earn and Binance Web3 Wallet, giving users early access to favorite projects before they’re listed and allowing different rewards for activity.

👀 12 large Solana-based meme coins were “completely abandoned” in the last 30 days. These projects were launched using a pre-sale model that raised ~$26.7 million. On-chain analyst ZachXBT reported this. The most expensive was the LIKE token, which raised $7.7 million.

20/04/2024

The fourth halving took place on the Bitcoin blockchain. The reward to miners decreased from 6.25 to 3.125 BTC per mined block. The halving mechanism and limited issuance volume are the vital deflationary factors envisioned by Bitcoin’s economic model🔥

19/04/2024

In many countries, virtual asset service providers (VASP) are required to comply with international data transfer standards when processing crypto transactions, known as the Travel Rule. Learn more at ✈️

19/04/2024

📌 The tokenized asset market may reach $16 trillion, Markus Infanger, Senior VP of RippleX, said during a speech at Paris Blockchain Week. He also stated that blockchain technology is gradually moving from hype to real utility.

📌 Between April 16 and 17, a record amount of assets, over 27,700 BTC, was sent to Bitcoin accumulation addresses. An address is considered an accumulation address if it has a balance of more than 10 BTC, has been active at least once in the last 7 years, and has no outgoing transactions.

📌 According to L2BEAT, L3 network Degen Chain processed an average of 35.7 transactions per second (TPS), a record in the Ethereum ecosystem over the last 24 hours. The absolute record holder in terms of performance is L2 solution zkSync Era, which recorded 62.07 TPS on December 16, 2023.

You’ve to invest first in order to earn money. But how can this actually be done? However, not everyone is ready to part...
18/04/2024

You’ve to invest first in order to earn money. But how can this actually be done? However, not everyone is ready to part with their hard-earned money in such an adventurous endeavor, hoping to make a profit. So, what do we do?

There’s a solution — you can get cryptocurrency for free! Let’s figure out how🤓

18/04/2024

All participants will remember Q1 2024 of the crypto market for reaching a new ATH of Bitcoin, the hype around meme coins, and many other processes. Visit our site to revise the main achievements and indicators of the crypto market 🔍

18/04/2024

📎 The number of Google searches with the term “Bitcoin halving” reached the highest level ever, Google Trends reported. According to various reports, the halving will occur on the evening of April 19 or the next day in the early morning UTC.

📎 The Security Alliance (SEAL) of white hackers recovered assets worth $50 million in two months and launched the SEAL-ISAC platform to counter hackers for sharing data, analyzing threats, alerts, coordination, improving response mechanisms, and disseminating best practices.

📎 Veyond Metaverse offers an Apple Vision Pro-based solution for surgical practices in cadaver shortage environments. The sensations of surgery can be reproduced through the use of mixed reality and special gloves with haptic feedback.

17/04/2024

In the decentralized AI projects space, a giant with a cap of $7.5 billion will soon emerge — the Artificial Superintelligence Alliance. Its participants aim to compete with major tech companies in the AI sphere. Details at 🔍

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