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The Arena: Airdrop points have been distributed and the global ranking has been updatedAvalanche's social protocol, The Arena, announced in a post that it has distributed airdrop points and updated global rankings, with many new users winning the first batch of airdrop points. Prior to this announcement, The Arena stated that the team is coordinating with partners in a wider ecosystem to launch ARENA later this month. In order to ensure smooth progress with all parties, the team will appropriately delay the release (originally scheduled for next week), but it will still be launched in June, and the official date will be announced five days before the launch. Due to this delay, The Arena will allow users to claim 15% of their ARENA allocation on the first day, instead of 10% (more information will be released soon). #crypto2023A

The Arena: Airdrop points have been distributed and the global ranking has been updated

Avalanche's social protocol, The Arena, announced in a post that it has distributed airdrop points and updated global rankings, with many new users winning the first batch of airdrop points.
Prior to this announcement, The Arena stated that the team is coordinating with partners in a wider ecosystem to launch ARENA later this month. In order to ensure smooth progress with all parties, the team will appropriately delay the release (originally scheduled for next week), but it will still be launched in June, and the official date will be announced five days before the launch.
Due to this delay, The Arena will allow users to claim 15% of their ARENA allocation on the first day, instead of 10% (more information will be released soon).
#crypto2023A
Polyhedra Network launches zkBridge migration service, supporting migration from zksync to Polygon aPolyhedra Network announced the launch of the zkBridge Migration service, which can migrate DApp data from one chain to another and provide comprehensive trustless historical proof.zkBridge Migration supports secure migration from zksync to other ecosystems (including BNB Chain, Polygon, Linea, Starknet, Scroll, etc.), and also provides developer grants and ecosystem support.It stated that Web3 has no space for totalitarianism, bullying, and insider trading. #PEPE市值超越LTC

Polyhedra Network launches zkBridge migration service, supporting migration from zksync to Polygon a

Polyhedra Network announced the launch of the zkBridge Migration service, which can migrate DApp data from one chain to another and provide comprehensive trustless historical proof.zkBridge Migration supports secure migration from zksync to other ecosystems (including BNB Chain, Polygon, Linea, Starknet, Scroll, etc.), and also provides developer grants and ecosystem support.It stated that Web3 has no space for totalitarianism, bullying, and insider trading.
#PEPE市值超越LTC
dYdX: Starting next month, the monthly unlocking amount of DYDX will be reduced from 33 million to 8dYdX officials announced on the X platform that starting from July 1, 2024, the monthly unlocking amount of the DYDX token will be reduced from 33 million to 8.3 million, a 75% decrease. #opbnb

dYdX: Starting next month, the monthly unlocking amount of DYDX will be reduced from 33 million to 8

dYdX officials announced on the X platform that starting from July 1, 2024, the monthly unlocking amount of the DYDX token will be reduced from 33 million to 8.3 million, a 75% decrease.
#opbnb
The blockchain game Lumiterra Beta2 is now availableAccording to community news, Luminerra Beta 2 has officially launched on AppStore and other channels. Prior to this, in order to provide stable and high-quality gaming experience for everyone, the project officially announced that the Beta 2 version launch time was postponed to 3 pm on June 14. #SEC败诉

The blockchain game Lumiterra Beta2 is now available

According to community news, Luminerra Beta 2 has officially launched on AppStore and other channels. Prior to this, in order to provide stable and high-quality gaming experience for everyone, the project officially announced that the Beta 2 version launch time was postponed to 3 pm on June 14.
#SEC败诉
A criminal gang in Zhejiang was arrested for using digital RMB to cash out more than 200,000 yuanA criminal gang in Shaoxing City, Zhejiang Province, recently used digital RMB accounts to illegally cash out more than 200,000 yuan in just four days. Several people used shopping and chatting to lure merchants with digital RMB accounts. After the merchants agreed to cash out, they first converted a certain amount of their own money into virtual currency as a deposit to give to the upstream, and then sent the digital RMB collection code to the upstream. When the upstream's fraudulent funds entered the merchant's digital RMB account, the merchant deducted a 1% to 1.5% service fee and then obtained the corresponding amount of cash. The Yuezhou District Procuratorate prosecuted and the court sentenced Yuan, Zhang, and Kou to imprisonment for one year and four months to seven months respectively for concealing and hiding the proceeds of the crime, and imposed fines. The prosecutor reminded the public to strengthen their understanding of digital RMB, pay attention to protecting personal information, and report suspicious situations in a timely manner to protect their property safety. #ETH🔥🔥🔥🔥

A criminal gang in Zhejiang was arrested for using digital RMB to cash out more than 200,000 yuan

A criminal gang in Shaoxing City, Zhejiang Province, recently used digital RMB accounts to illegally cash out more than 200,000 yuan in just four days. Several people used shopping and chatting to lure merchants with digital RMB accounts. After the merchants agreed to cash out, they first converted a certain amount of their own money into virtual currency as a deposit to give to the upstream, and then sent the digital RMB collection code to the upstream. When the upstream's fraudulent funds entered the merchant's digital RMB account, the merchant deducted a 1% to 1.5% service fee and then obtained the corresponding amount of cash. The Yuezhou District Procuratorate prosecuted and the court sentenced Yuan, Zhang, and Kou to imprisonment for one year and four months to seven months respectively for concealing and hiding the proceeds of the crime, and imposed fines. The prosecutor reminded the public to strengthen their understanding of digital RMB, pay attention to protecting personal information, and report suspicious situations in a timely manner to protect their property safety.
#ETH🔥🔥🔥🔥
USDe market value increased by 7.36% this weekDefiLlama data shows that the total market value of stablecoins has increased by 0.45% in the past week, reaching 162.078 billion US dollars. In addition, the market value of USDe has increased by 7.36% in the past week, reaching 3.52 billion US dollars. #BNB金鏟子

USDe market value increased by 7.36% this week

DefiLlama data shows that the total market value of stablecoins has increased by 0.45% in the past week, reaching 162.078 billion US dollars. In addition, the market value of USDe has increased by 7.36% in the past week, reaching 3.52 billion US dollars.
#BNB金鏟子
Australia's first Bitcoin ETF (IBTC) has accumulated 46 BTC since its launchAustralia's first Bitcoin ETF (IBTC) has accumulated 46 BTC since its launch. Cryptocurrency analyst Julian Fahrer pointed out that the ETF's initial performance reflects the increasing interest and confidence of investors in Bitcoin investment. #BinanceRiskSniper

Australia's first Bitcoin ETF (IBTC) has accumulated 46 BTC since its launch

Australia's first Bitcoin ETF (IBTC) has accumulated 46 BTC since its launch. Cryptocurrency analyst Julian Fahrer pointed out that the ETF's initial performance reflects the increasing interest and confidence of investors in Bitcoin investment.
#BinanceRiskSniper
Two Men Charged with Operating Darknet Marketplace Empire Market and Processing $430 Million in TranTwo men, Thomas Pavey and Raheim Hamilton, have been charged by federal prosecutors in Illinois for owning and operating a darknet marketplace called Empire Market. The site allowed users to anonymously purchase illegal goods and services using cryptocurrency, and processed $430 million in transactions from 2018 to 2020. Pavey and Hamilton were already in custody for separate charges related to counterfeit currency on another darknet market, AlphaBay. The new charges against them include drug trafficking, computer fraud, access device fraud, counterfeiting, and money laundering, with a maximum sentence of life in prison. $75 million in cryptocurrency, as well as cash and precious metals, were seized during the investigation. #crypto2023A

Two Men Charged with Operating Darknet Marketplace Empire Market and Processing $430 Million in Tran

Two men, Thomas Pavey and Raheim Hamilton, have been charged by federal prosecutors in Illinois for owning and operating a darknet marketplace called Empire Market. The site allowed users to anonymously purchase illegal goods and services using cryptocurrency, and processed $430 million in transactions from 2018 to 2020. Pavey and Hamilton were already in custody for separate charges related to counterfeit currency on another darknet market, AlphaBay. The new charges against them include drug trafficking, computer fraud, access device fraud, counterfeiting, and money laundering, with a maximum sentence of life in prison. $75 million in cryptocurrency, as well as cash and precious metals, were seized during the investigation.
#crypto2023A
The total number of Ordinals inscriptions minted exceeds 67.23 millionAccording to Dune data, the cumulative fee revenue generated by the Bitcoin NFT protocol Ordinals' inscription casting has reached 6,855.1280 BTC, equivalent to 458,745,868 US dollars. The total amount of inscriptions cast currently stands at 67,237,853. #Bitcoin❗

The total number of Ordinals inscriptions minted exceeds 67.23 million

According to Dune data, the cumulative fee revenue generated by the Bitcoin NFT protocol Ordinals' inscription casting has reached 6,855.1280 BTC, equivalent to 458,745,868 US dollars. The total amount of inscriptions cast currently stands at 67,237,853.
#Bitcoin❗
Jupiter's cumulative transaction volume exceeds US$210 billionJupiter Station data shows that Jupiter's cumulative transaction volume has exceeded 210 billion US dollars, currently exceeding 212.4 billion US dollars. #PEPE市值超越LTC

Jupiter's cumulative transaction volume exceeds US$210 billion

Jupiter Station data shows that Jupiter's cumulative transaction volume has exceeded 210 billion US dollars, currently exceeding 212.4 billion US dollars.
#PEPE市值超越LTC
Slerf: The next round of refunds will be carried out in the next few days, with only 105 wallets lefSlerf announced in a post on X that the next round of refunds will be conducted in the next few days. The current situation is as follows: 40,901 SOL has been raised (target is 53,800 SOL);- Wallets of 105 participants will be refunded;- Less than 1% of the total number of initial participants. #ETH🔥🔥🔥🔥

Slerf: The next round of refunds will be carried out in the next few days, with only 105 wallets lef

Slerf announced in a post on X that the next round of refunds will be conducted in the next few days. The current situation is as follows:
40,901 SOL has been raised (target is 53,800 SOL);- Wallets of 105 participants will be refunded;- Less than 1% of the total number of initial participants. #ETH🔥🔥🔥🔥
Bitwise CEO: Bitcoin should shed its “digital gold” image to achieve mainstream adoptionMichael Egorov, the founder of Curve, stated through a representative on Telegram on Friday that a vulnerability in UwU Lend caused a series of events that led to Curve's massive liquidation on Thursday. Egorov used Curve's CRV token as collateral to obtain a $100 million loan from various protocols, which began automatic liquidation on Thursday, causing the token to drop 30%, then briefly recover.Egorov said, "On April 15, UwU Lend deployed vulnerable code for the sUSDe market, which is not isolated, so the entire platform bears the risk. UwU was hacked, and as part of the cash-out operation, the hacker deposited the stolen CRV from UwU into lending.curve.fi (Llama Lend), then disappeared with the funds, leaving the debt in the system."Egorov estimates that the bad debt in the specific CRV lending pool is $10 million (already repaid 93%). Although this market is completely isolated from other lending pools, as long as the bad debt exists, CRV depositors cannot withdraw their funds. However, Egorov said that this situation may help strengthen Curve's security measures and lending mechanisms, and may provide better services to users in the coming months. #BTC☀

Bitwise CEO: Bitcoin should shed its “digital gold” image to achieve mainstream adoption

Michael Egorov, the founder of Curve, stated through a representative on Telegram on Friday that a vulnerability in UwU Lend caused a series of events that led to Curve's massive liquidation on Thursday. Egorov used Curve's CRV token as collateral to obtain a $100 million loan from various protocols, which began automatic liquidation on Thursday, causing the token to drop 30%, then briefly recover.Egorov said, "On April 15, UwU Lend deployed vulnerable code for the sUSDe market, which is not isolated, so the entire platform bears the risk. UwU was hacked, and as part of the cash-out operation, the hacker deposited the stolen CRV from UwU into lending.curve.fi (Llama Lend), then disappeared with the funds, leaving the debt in the system."Egorov estimates that the bad debt in the specific CRV lending pool is $10 million (already repaid 93%). Although this market is completely isolated from other lending pools, as long as the bad debt exists, CRV depositors cannot withdraw their funds. However, Egorov said that this situation may help strengthen Curve's security measures and lending mechanisms, and may provide better services to users in the coming months.
#BTC☀
American rapper Lil Pump got "SOLANA" tattooed on his foreheadAmerican rapper Lil Pump shared a photo of his new "SOLANA" tattoo on X platform and wrote, "I sold my Sol. When Binance?" Additionally, Lil Pump also shared an image of his support for Trump. OKX market data shows that SOL has rebounded slightly to above 144 USDT after yesterday's decline, and the 24-hour decline has narrowed to 2.38%. #BinanceRiskSniper

American rapper Lil Pump got "SOLANA" tattooed on his forehead

American rapper Lil Pump shared a photo of his new "SOLANA" tattoo on X platform and wrote, "I sold my Sol. When Binance?" Additionally, Lil Pump also shared an image of his support for Trump. OKX market data shows that SOL has rebounded slightly to above 144 USDT after yesterday's decline, and the 24-hour decline has narrowed to 2.38%.
#BinanceRiskSniper
Magic Eden: Will support MOTHER payment soonNFT market Magic Eden announced on X that, based on community suggestions, the platform will integrate MOTHER payments. The related services will be supported by NFT wallet-as-a-service infrastructure Crossmint and will be launched soon. #SEC败诉

Magic Eden: Will support MOTHER payment soon

NFT market Magic Eden announced on X that, based on community suggestions, the platform will integrate MOTHER payments. The related services will be supported by NFT wallet-as-a-service infrastructure Crossmint and will be launched soon.
#SEC败诉
Holograph: At least 200 million of the 1 billion HLG minted by a former contractor using a vulnerabiHolograph Protocol, a full-chain NFT protocol, released a vulnerability update. A former contractor exploited the vulnerability to mint an additional 1 billion HLG tokens on Mantle, resulting in the protocol being temporarily blocked. The malicious actor has been frozen out of accounts on multiple exchanges, and at least 200 million of the extra 1 billion HLG tokens have been frozen. At the same time, exchanges have temporarily halted all HLG token access and trading. Third-party audits will be conducted, and multi-chain tokenization infrastructure and applications will continue to be developed. #Bitcoin❗

Holograph: At least 200 million of the 1 billion HLG minted by a former contractor using a vulnerabi

Holograph Protocol, a full-chain NFT protocol, released a vulnerability update. A former contractor exploited the vulnerability to mint an additional 1 billion HLG tokens on Mantle, resulting in the protocol being temporarily blocked. The malicious actor has been frozen out of accounts on multiple exchanges, and at least 200 million of the extra 1 billion HLG tokens have been frozen. At the same time, exchanges have temporarily halted all HLG token access and trading. Third-party audits will be conducted, and multi-chain tokenization infrastructure and applications will continue to be developed.
#Bitcoin❗
Bernstein raises BTC price target by 33% to $200,000 by the end of 2025According to investment research institution Bernstein, the target price of BTC at the end of 2025 has been raised by 33%, from $150,000 to $200,000, due to strong demand for Bitcoin ETFs. #zachxbt

Bernstein raises BTC price target by 33% to $200,000 by the end of 2025

According to investment research institution Bernstein, the target price of BTC at the end of 2025 has been raised by 33%, from $150,000 to $200,000, due to strong demand for Bitcoin ETFs.
#zachxbt
El Salvador’s President Proposes Private Investment Bank for Bitcoin InvestorsSalvadoran President Nayib Bukele proposed the establishment of a private investment bank in the country. If approved, Bitcoin investors will have access to financial services with fewer restrictions compared to traditional banks. Milena Mayorga, the Salvadoran ambassador to the United States, wrote in an article on June 14th, "As part of the Salvadoran economic plan, we propose the establishment of a private investment bank (BPI), which can provide potential investors with diversified financing options in U.S. dollars and Bitcoin." Max Keiser, Bukele's senior Bitcoin advisor, added on the same day, "President Bukele has launched new legislation to establish a Bitcoin bank during his new term." Cathie Wood, CEO of Ark Invest, predicts that Salvador's real GDP "could increase tenfold in the next five years," and implementing the above policy will make this goal "more achievable." #BinancePizzaDay

El Salvador’s President Proposes Private Investment Bank for Bitcoin Investors

Salvadoran President Nayib Bukele proposed the establishment of a private investment bank in the country. If approved, Bitcoin investors will have access to financial services with fewer restrictions compared to traditional banks. Milena Mayorga, the Salvadoran ambassador to the United States, wrote in an article on June 14th, "As part of the Salvadoran economic plan, we propose the establishment of a private investment bank (BPI), which can provide potential investors with diversified financing options in U.S. dollars and Bitcoin." Max Keiser, Bukele's senior Bitcoin advisor, added on the same day, "President Bukele has launched new legislation to establish a Bitcoin bank during his new term." Cathie Wood, CEO of Ark Invest, predicts that Salvador's real GDP "could increase tenfold in the next five years," and implementing the above policy will make this goal "more achievable."
#BinancePizzaDay
Gemini to Pay $50 Million to Gemini Earn Investors, Reaches Settlement with New York Attorney GeneraAccording to Bloomberg, cryptocurrency exchange Gemini has reached a settlement with the New York Attorney General's Office over a fraud lawsuit, agreeing to pay $50 million worth of digital assets to Gemini Earn investors. As part of the settlement agreement, Gemini Earn is also prohibited from operating in the state. Gemini said in a statement on Friday that the final distribution of proceeds will arrive in customer accounts within seven days.Previously, New York Attorney General Letitia James sued Gemini in October last year, accusing the platform of misleading investors in the Gemini Earn project, resulting in losses of over $1 billion. #BNB金鏟子

Gemini to Pay $50 Million to Gemini Earn Investors, Reaches Settlement with New York Attorney Genera

According to Bloomberg, cryptocurrency exchange Gemini has reached a settlement with the New York Attorney General's Office over a fraud lawsuit, agreeing to pay $50 million worth of digital assets to Gemini Earn investors. As part of the settlement agreement, Gemini Earn is also prohibited from operating in the state. Gemini said in a statement on Friday that the final distribution of proceeds will arrive in customer accounts within seven days.Previously, New York Attorney General Letitia James sued Gemini in October last year, accusing the platform of misleading investors in the Gemini Earn project, resulting in losses of over $1 billion.
#BNB金鏟子
Data: Grayscale transferred 700 BTC to a new address, equivalent to approximately US$46.94 millionAccording to Arkham monitoring, a grayscale address transferred 700 BTC (worth about $46.94 million) to a new address about 12 minutes ago. #SEC败诉

Data: Grayscale transferred 700 BTC to a new address, equivalent to approximately US$46.94 million

According to Arkham monitoring, a grayscale address transferred 700 BTC (worth about $46.94 million) to a new address about 12 minutes ago.
#SEC败诉
Euro Stablecoins Gain Popularity as EU Regulations Tighten, Challenging USD Dominance in Crypto MarkEuro-backed stablecoins are becoming increasingly popular among cryptocurrency traders in Europe and worldwide, potentially challenging the dominance of USD stablecoins in the market. The weekly volume of Euro-backed stablecoins has consistently exceeded $40 million since March, with demand picking up in European markets despite traditionally lagging behind the US and APAC regions. The impending Markets in Crypto Assets (MiCA) regulation in Europe is set to shake up the stablecoin market, with Binance planning to restrict stablecoins that don't meet MiCA standards and Kraken reviewing compliance with EU standards. The rise of compliant EUR stablecoin issuers may give them an advantage over those operating without the necessary e-money licenses. #BTC☀

Euro Stablecoins Gain Popularity as EU Regulations Tighten, Challenging USD Dominance in Crypto Mark

Euro-backed stablecoins are becoming increasingly popular among cryptocurrency traders in Europe and worldwide, potentially challenging the dominance of USD stablecoins in the market. The weekly volume of Euro-backed stablecoins has consistently exceeded $40 million since March, with demand picking up in European markets despite traditionally lagging behind the US and APAC regions. The impending Markets in Crypto Assets (MiCA) regulation in Europe is set to shake up the stablecoin market, with Binance planning to restrict stablecoins that don't meet MiCA standards and Kraken reviewing compliance with EU standards. The rise of compliant EUR stablecoin issuers may give them an advantage over those operating without the necessary e-money licenses.
#BTC☀
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