On May 30th, Dune data showed that the total revenue of decentralized social protocol Farcaster exceeded $1.54 million, currently at $1,541,005, and the total number of users reached 426,931.
#DYOR42711

Chen Chun, a member of the Chinese Academy of Engineering and a professor at the School of Computer Science and Technology at Zhejiang University, was invited to the Hong Kong Legislative Council yesterday to discuss topics such as digital economy and Web3.0 development with legislative council members. Chen described Hong Kong as a "sandbox" for developing Web3.0, promoting more innovative application scenarios under risk management, and believed it could play a significant role in the development of China's digital economy. During the exchange, legislative council members Ge Peifan, Wong Ying-ho, Wu Jiezhuang, and Yan Gang were concerned about how various industries in Hong Kong could deepen and broaden the digital economy and what other application scenarios Web3.0 has. Chen said that Web3.0 is the token economy, which can give non-platform participants more voice. Hong Kong is actively promoting the development of the digital economy, and based on its technological facilities and unique advantages, the development of Web3.0 should focus on serving the real economy, promoting application innovation exploration, such as digitizing traditional finance and physical assets, developing digital asset businesses centered on real asset tokenization, improving asset liquidity, reducing transaction costs, and increasing transparency, so that Hong Kong can occupy the position of a digital financial center in the new round of international competition.
#SEC正式批准现货以太坊ETF

Metal L2 will undergo a smart contract upgrade on June 24th to ensure a smooth transition for wallets holding Metal DAO (MTL) tokens. The snapshot date is June 24th and the airdrop date is June 26th. If using a supported non-custodial wallet, switching networks after the airdrop will allow you to see your MTL balance on the Metal L2 mainnet. MTL v1 tokens will be converted to MTL v2 tokens at a 1:1 ratio. Wallets supported by Metal L2 include WebAuth, MetaMask, and others.
#BinancePizzaDay

Golden Finance reported that five years ago, NVIDIA CEO Huang Renxun held NVIDIA shares worth about $3 billion; on Thursday, the stock price reached a historic high, and Huang Renxun's shareholding value has exceeded $90 billion. NVIDIA's stock price has doubled this year, tripled in 2023, and has risen about 28 times in the past five years. Huang Renxun increased his holdings in 2022 when the stock price was relatively low. OpenAI conducts most of its artificial intelligence development on NVIDIA GPUs. Other companies such as Microsoft, Google, and Meta are also increasing their investments in the field of artificial intelligence.
#opbnb

Regarding the development of financial technology (Fintech) in Taiwan, Ye Kuangshi, director of the Yangmingshan Future Studies Society, attended the "Financial Technology Industry Summit" today and said that although Taiwan emphasizes the development of the technology industry, its thinking in financial technology and blockchain is somewhat outdated, especially in the establishment of regulatory systems. Recently, government departments even kicked the ball back and forth until the US Securities and Exchange Commission began approving virtual currency ETFs, and Taiwan's "Financial Supervisory Commission" began to agree to regulate virtual currencies, leaving room for improvement. Looking back at the trajectory of all industry development, after the emergence of a new industry, it will go through processes such as popularity, large-scale investment, bubble, elimination, refinement, and stability. The development of financial technology in Taiwan is beginning these processes.
#PEPE市值超越LTC

Deutsche Bank announced that it will strategically advance the development of blockchain technology to address challenges faced by the financial services industry.The German banking giant is currently involved in Project Guardian in Singapore, which is led by the Monetary Authority of Singapore and aims to leverage the benefits of blockchain for the financial market.Deutsche Bank is currently testing a new platform based on the Ethereum network to provide services for tokenized funds under Project Guardian. Anand Rengarajan, Head of Securities Services for Asia-Pacific and the Middle East and Global Sales Head at Deutsche Bank, emphasized the urgency of adopting innovative technology. He said, "Blockchain is critical to helping us stay competitive because margin compression is affecting the financial services industry."According to Rengarajan, blockchain and smart contract-based solutions can significantly reduce costs, shorten transaction times, and minimize risk.
#DYOR42711

Key documents for proposed ether exchange-traded funds (ETFs) were unexpectedly approved, indicating that crypto has become an election issue. ARK Invest CEO Cathie Wood stated that sentiment around the Financial Innovation and Technology for the 21st Century Act (FIT21) in the House had evolved, leading to the sudden approval. Wood also announced that ARK will allocate a percentage of its private fund revenues to support Bitcoin developers, and that while a solana ETF could be approved, meme coin-focused funds are unlikely.
#Bitcoin❗

iShares Ethereum Trust, a subsidiary of BlackRock, will be listed and traded on the Nasdaq exchange under the stock code "ETHA".
#PEPE市值超越LTC

According to DTCC data, Fidelity's Ethereum ETF FIDELITY ETHEREUM FDBENEFICIAL INT (code FETH) has been listed on the DTCC (Depository Trust & Clearing Corporation) website, with the Create/Redeem column showing as D.
#DYOR42711

Stargate V2 cross-chain bridge has been launched. Previously, Stargate V2 liquidity pool and incentives were launched this morning.
#PEPE市值超越LTC

Chiliz announced a partnership with Azuro to launch a funding program to support the development of dApps based on the Azuro protocol and built on the Chiliz Chain to expand the sports prediction market on the blockchain. Currently, the funding program is open for applications and is divided into two levels: $2,000 for adding features to existing applications and $4,000 for complex features or new dApps.
#ETH🔥🔥🔥🔥

According to on-chain analyst @ai_9684xtpa, two hours ago, the whale 0xC6D...926d9 suspected of clearing and pledging 5.72 million ENA, with a cumulative loss of 1.6 million US dollars. The whale transferred 5.72 million ENA from Binance at an average price of 1.282 US dollars for pledging on April 8th, and then recharged the tokens into the exchange on April 20th and two hours ago at an average price of 1 US dollar, resulting in a loss of nearly 22% (excluding the second-phase airdrop income, but most likely a loss).
#crypto2023A

Web3 gaming company PlayAI has completed a $4.3 million seed round of financing, with a total valuation of $70 million. P2 Ventures, Jump Crypto, Alphawave, Zentry, MH Ventures, Tykhe Block Ventures, and angel investors have all previously supported PlayAI. The company plans to use the new financing to expand its team, as well as launch streaming money-making activities for gamers and move towards launching the incentive test network for the platform. According to reports, PlayAI is a Web3 platform that rewards gamers who share game data, and the company uses this data to train AI models. PlayAI has launched a platform called Collective, where users can share their game data and profit from it. Holders of the Play Collective NFT, launched by the company today, will receive exclusive rewards.
#SEC正式批准现货以太坊ETF

Web3 social platform beoble announced on X platform that it has completed a new round of financing with Ripple as a participant. The specific amount has not been disclosed. beoble stated that it will seek to launch its service on the XRP Ledger (XRPL). It is understood that beoble is a Web3 messaging and social platform aimed at providing secure and decentralized wallet-to-wallet communication.
#DYOR42711

Insiders revealed that Hidden Road, a brokerage firm supported by Citadel Securities, will stop providing its clients with the opportunity to trade on the cryptocurrency exchange Bybit. Insiders said that Hidden Road informed its clients of this decision several weeks ago. This move was triggered by differences between the two companies in understanding customers and anti-money laundering requirements on Bybit.
#BinancePizzaDay

Bernd Sischka, Chief Business Officer of the derivative exchange PowerTrade, stated that a trader purchased a bullish option for Dogecoin (DOGE) worth $2 million at an execution price of $0.22 on Wednesday. The current trading price of DOGE is $0.166, and it is reported that the purchased bullish option will expire on June 14. This means that DOGE must rise by more than 31% for the trader to make a profit.
#crypto2023A

According to a new research report from on-chain analytics company Glassnode on May 28th, selling pressure from "diamond hands" is only half of what it was at the previous bull market peak. Bitcoin long-term holders (LTH) continue to resist the urge to take profits - even as BTC prices approach $70,000 and the average profit of LTH wallets is 3.5 times. So far, LTH wallets have not sold BTC at a rate that would make the current bull market unsustainable.
#SEC正式批准现货以太坊ETF

Bitcoin Archive stated on X platform that Ocean Mining, a bitcoin mining company supported by Jack Dorsey, has chosen El Salvador as its global headquarters.
#SEC正式批准现货以太坊ETF

Azuki Alpha Beans announced on X platform that it will merge with Bean List under the name of Azuki Alpha Beans. For two years, the Bean List team has been working hard to give back to the Azuki community, with a common goal of finding and bringing the best alpha opportunities and victories to the Azuki community. Therefore, they have decided to achieve this goal under a unified alpha group.
#BTC☀

In February, Nigerian officials detained two Binance employees and charged them with money laundering and tax offenses, including Tigran Gambaryan, who was the company's lead law enforcement liaison and a former IRS criminal investigator. Despite Gambaryan's role having no connection to the accusation, Nigeria has accused him of money laundering. The US has not publicly responded to the situation, but it could use the Department of Justice's "international sharing" program to signal its objection to Nigeria's abuse of power by withholding the transfer of forfeited funds. The DOJ, Treasury, and State Department have the power to cease these transfers under the international sharing protocols, which would directly impose a cost on the Nigerian authorities and legal apparatus involved in the Binance affair.
#BTC☀