Net withdrawals from Binance and Coinbase surpass $1.1B amid SEC accusations toward Binance
According to data from Nansen.ai, sum outflows from all Binance protocols and Coinbase exchange reach $1.1B over a 24-hour period. This precedent follows yesterday's SEC charges against Binance Entities and its Founder Changpeng Zhao.
👉🏻 coindesk.com/markets/2023/06/06/binance-lawsuit-triggers-700m-in-withdrawals-metaverse-tokens-named-by-sec-lead-decline/
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According to data from Nansen.ai, sum outflows from all Binance protocols and Coinbase exchange reach $1.1B over a 24-hour period. This precedent follows yesterday's SEC charges against Binance Entities and its Founder Changpeng Zhao.
👉🏻 coindesk.com/markets/2023/06/06/binance-lawsuit-triggers-700m-in-withdrawals-metaverse-tokens-named-by-sec-lead-decline/
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Coin of the day by social activity - Constellation (DAG)
6 June 2023
Constellation is a decentralized network that enables anyone to build the future of Web3 with fast and feeless transactions.
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6 June 2023
Constellation is a decentralized network that enables anyone to build the future of Web3 with fast and feeless transactions.
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SEC has sued the Coinbase exchange in federal court in New York for evading regulations
The Securities and Exchange Commission has sued Coinbase Global Inc. in federal court in New York, accusing the exchange for breaking its rules. Coinbase (COIN) shares slide 16.2% premarket amid the news. It also named several tokens as securities in the lawsuit. Those tokens include SOL, ADA, MATIC, FIL, SAND, AXS, CHZ, FLOW, ICP, NEAR, VGX, DASH, and NEXO. The news dropped less than 24 hours after the SEC also announced it was suing Binance.
👉🏻 bloomberg.com/news/articles/2023-06-06/coinbase-sued-by-sec-for-breaking-us-securities-rules
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The Securities and Exchange Commission has sued Coinbase Global Inc. in federal court in New York, accusing the exchange for breaking its rules. Coinbase (COIN) shares slide 16.2% premarket amid the news. It also named several tokens as securities in the lawsuit. Those tokens include SOL, ADA, MATIC, FIL, SAND, AXS, CHZ, FLOW, ICP, NEAR, VGX, DASH, and NEXO. The news dropped less than 24 hours after the SEC also announced it was suing Binance.
👉🏻 bloomberg.com/news/articles/2023-06-06/coinbase-sued-by-sec-for-breaking-us-securities-rules
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Top Coins by Market Capitalization
6 June 2023
This report depicts the largest crypto projects, by analyzing the current state of their native tokens. Market capitalization is a metric used to measure the value of a digital asset or a coin, calculated by multiplying the total supply of coins by the current price of a single coin.
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6 June 2023
This report depicts the largest crypto projects, by analyzing the current state of their native tokens. Market capitalization is a metric used to measure the value of a digital asset or a coin, calculated by multiplying the total supply of coins by the current price of a single coin.
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Louis Vuitton has announced the launch of the virtual representation of its travel trunk
Louis Vuitton has presented VIA Treasure Trunk, the virtual representation of its iconic travel trunk. The luxury house will send an invitation for a private preview page of VIA to those who are selected from the waitlist on June 14th. Chosen users will then get a chance to purchase their VIA Treasure Trunk on June 16th, for €39,000 each.
👉🏻 cointelegraph.com/news/louis-vuitton-embraces-web3-launches-its-iconic-trunk-as-a-digital-collectible
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Louis Vuitton has presented VIA Treasure Trunk, the virtual representation of its iconic travel trunk. The luxury house will send an invitation for a private preview page of VIA to those who are selected from the waitlist on June 14th. Chosen users will then get a chance to purchase their VIA Treasure Trunk on June 16th, for €39,000 each.
👉🏻 cointelegraph.com/news/louis-vuitton-embraces-web3-launches-its-iconic-trunk-as-a-digital-collectible
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Binance has announced that Bitcoin NFTs have been added to Binance NFT Marketplace
Binance NFT Marketplace has added the Bitcoin network to its list of supported chains, further expanding the NFT ecosystem for its community. With this integration, users will now be able to buy, deposit, withdraw and list NFTs from the Bitcoin network on the Binance NFT Marketplace. Moreover, Binance NFT is launching a new promotion to reward the NFT community, rewarding users who complete at least one trade for Bitcoin NFTs at the Binance NFT Marketplace and can qualify to share a total of 80 Bitcoin NFTs, as per the rewards structure below.
👉🏻 binance.com/en/support/announcement/binance-nft-marketplace-now-supports-bitcoin-nfts-c439af0afcf5414ab035496da1409887
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Binance NFT Marketplace has added the Bitcoin network to its list of supported chains, further expanding the NFT ecosystem for its community. With this integration, users will now be able to buy, deposit, withdraw and list NFTs from the Bitcoin network on the Binance NFT Marketplace. Moreover, Binance NFT is launching a new promotion to reward the NFT community, rewarding users who complete at least one trade for Bitcoin NFTs at the Binance NFT Marketplace and can qualify to share a total of 80 Bitcoin NFTs, as per the rewards structure below.
👉🏻 binance.com/en/support/announcement/binance-nft-marketplace-now-supports-bitcoin-nfts-c439af0afcf5414ab035496da1409887
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Injective (INJ) has announced the launch of the Open Liquidity Program (OLP)
Injective, a Layer 1 blockchain for building DeFi apps, announced the launch of the Open Liquidity Program (OLP). Starting from June 16th, OLP participants will be able to earn rewards for providing order book liquidity with minimal barriers to entry. The program will be divided into epochs and will enable eligible participants to earn 60,000 $INJ during each epoch (28 day period). Injective aims to become the primary gateway to access all on-chain assets in one unified L1 optimized for finance.
👉🏻 blog.injective.com/open-liquidity-program-olp-launch/
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Injective, a Layer 1 blockchain for building DeFi apps, announced the launch of the Open Liquidity Program (OLP). Starting from June 16th, OLP participants will be able to earn rewards for providing order book liquidity with minimal barriers to entry. The program will be divided into epochs and will enable eligible participants to earn 60,000 $INJ during each epoch (28 day period). Injective aims to become the primary gateway to access all on-chain assets in one unified L1 optimized for finance.
👉🏻 blog.injective.com/open-liquidity-program-olp-launch/
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TOP DAO Projects by Social Activity
6 June 2023
Social Mentions. Social mentions and activity from all collected sources over time.
Social Engagement measures total social activity and includes upvotes, favs,retweets, replies, and followers.
Social Dominance. Social dominance calculates the "share of voice" across all social media data.
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6 June 2023
Social Mentions. Social mentions and activity from all collected sources over time.
Social Engagement measures total social activity and includes upvotes, favs,retweets, replies, and followers.
Social Dominance. Social dominance calculates the "share of voice" across all social media data.
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Argus Labs has raised $10M in a seed funding round led by Haun Ventures
Argus Labs, a Web3 gaming studio, has announced the closure of its $10M seed round led by Haun Ventures, with participation from Robot Ventures, Anagram, Dispersion Capital, Alchemy, and several individual investors, including former Coinbase CTO Balaji Srinivasan. In addition, Argus is announcing the World Engine, a blockchain-gaming software developer kit (SDK) that will allow builders to create their own Web3 gaming ecosystems.
👉🏻 twitter.com/ArgusLabs_/status/1666113991310028803
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Argus Labs, a Web3 gaming studio, has announced the closure of its $10M seed round led by Haun Ventures, with participation from Robot Ventures, Anagram, Dispersion Capital, Alchemy, and several individual investors, including former Coinbase CTO Balaji Srinivasan. In addition, Argus is announcing the World Engine, a blockchain-gaming software developer kit (SDK) that will allow builders to create their own Web3 gaming ecosystems.
👉🏻 twitter.com/ArgusLabs_/status/1666113991310028803
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Crypto News Digest: Key Updates You Need to Know
6 June 2023
This digest provides a quick overview of the most significant cryptocurrency news, that worthy of your attention.
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6 June 2023
This digest provides a quick overview of the most significant cryptocurrency news, that worthy of your attention.
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SWIFT will test the interbank blockchain transfers jointly with Chainlink (LINK)
SWIFT and Chainlink will collaborate with major traditional financial institutions to instruct the transfer of tokenized assets across blockchains. Banks incuding Depository Trust and Clearing Corporation (DTCC), Australia and New Zealand Banking Group Limited (ANZ), BNP Paribas, BNY Mellon, Citi, Clearstream, Euroclear and Lloyds Banking Group will take part in the experiment. Chainlink, a provider of real world data to blockchains, will provide connectivity across both public and private blockchains for these experiments.
👉🏻 coindesk.com/tech/2023/06/06/swift-and-chainlink-will-test-connecting-over-a-dozen-financial-institutions-to-blockchain-networks/
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SWIFT and Chainlink will collaborate with major traditional financial institutions to instruct the transfer of tokenized assets across blockchains. Banks incuding Depository Trust and Clearing Corporation (DTCC), Australia and New Zealand Banking Group Limited (ANZ), BNP Paribas, BNY Mellon, Citi, Clearstream, Euroclear and Lloyds Banking Group will take part in the experiment. Chainlink, a provider of real world data to blockchains, will provide connectivity across both public and private blockchains for these experiments.
👉🏻 coindesk.com/tech/2023/06/06/swift-and-chainlink-will-test-connecting-over-a-dozen-financial-institutions-to-blockchain-networks/
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BNB Chain Ecosystem Coins by Social Activity
7 June 2023
Social Mentions. Social mentions and activity from all collected sources over time.
Social Engagement measures total social activity and includes upvotes, favs, retweets, replies, and followers.
Social Dominance. Social Dominance calculates the "share of voice" across all social media data.
CryptoDep | Community Chat | Twitter | Telegram
7 June 2023
Social Mentions. Social mentions and activity from all collected sources over time.
Social Engagement measures total social activity and includes upvotes, favs, retweets, replies, and followers.
Social Dominance. Social Dominance calculates the "share of voice" across all social media data.
CryptoDep | Community Chat | Twitter | Telegram
TOP 10 Social-Fi dApps by Volume (30d)
7 June 2023
Let's take a look at the top 10 social-fi dApps, based on the total amount of incoming value to dapp's smart contracts over the past 30 days. Social-Fi brings together the principles of social media and decentralized finance by offering a Web3 approach to creating, managing, and owning social media platforms and the content generated by its participants.
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7 June 2023
Let's take a look at the top 10 social-fi dApps, based on the total amount of incoming value to dapp's smart contracts over the past 30 days. Social-Fi brings together the principles of social media and decentralized finance by offering a Web3 approach to creating, managing, and owning social media platforms and the content generated by its participants.
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Optimism (OP) has announced a successful implementation of the Bedrock network upgrade
Optimism, a Layer 2 network built on Ethereum, has conducted the Bedrock network upgrade, enabling lower fees, shorter deposit times, improved proof modularity, node performance, and other improvements. Bedrock is the name of the first ever official release of the OP Stack, which is a set of free and open-source modular components that work together to power Optimism.
👉🏻 community.optimism.io/docs/developers/bedrock/
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Optimism, a Layer 2 network built on Ethereum, has conducted the Bedrock network upgrade, enabling lower fees, shorter deposit times, improved proof modularity, node performance, and other improvements. Bedrock is the name of the first ever official release of the OP Stack, which is a set of free and open-source modular components that work together to power Optimism.
👉🏻 community.optimism.io/docs/developers/bedrock/
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Top Projects with Market Capitalization under $5M
7 June 2023
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7 June 2023
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Coin of the day by social activity - Metal (MTL)
7 June 2023
Metal Pay is a blockchain-based payment processing platform.
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7 June 2023
Metal Pay is a blockchain-based payment processing platform.
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ENS (ENS) will launch a new .box web domain that can be routed on web browsers
Ethereum Name Service (ENS), a distributed naming system based on the Ethereum blockchain, has announced the launch of a new web domain that is set to go live in September. The new blockchain-based internet name service called .box can be routed on web browsers. The .box name originates from a project named My.Box that will allow domains to be used for both crypto and internet services, such as email.
👉🏻 theblock.co/post/233455/ethereum-name-service-blockchain-browser-domains
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Ethereum Name Service (ENS), a distributed naming system based on the Ethereum blockchain, has announced the launch of a new web domain that is set to go live in September. The new blockchain-based internet name service called .box can be routed on web browsers. The .box name originates from a project named My.Box that will allow domains to be used for both crypto and internet services, such as email.
👉🏻 theblock.co/post/233455/ethereum-name-service-blockchain-browser-domains
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Top Oracle Tokens by Market Capitalization
7 June 2023
Blockchain oracles are third-party services that provide smart contracts with external information. They serve as bridges between blockchains and the outside world. Let's explore the largest oracle projects by market capitalization.
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7 June 2023
Blockchain oracles are third-party services that provide smart contracts with external information. They serve as bridges between blockchains and the outside world. Let's explore the largest oracle projects by market capitalization.
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Archway ($ARCH) announces its Genesis Airdrop rewarding the Axelar ($AXL) bridge users
Archway, a Cosmos-native layer 1 blockchain, announced the Genesis #Airdrop that will include Axelar bridge users. By airdropping Axelar bridge users, Archway aims to reward those who have contributed to liquidity in the Cosmos. Recently, Archway announced a $ARCH token sale that will occur on Coinlist on June 15th. Last year, Archway raised $21M in a seed funding round backed by CoinFund, Hashed Fund, Blockchain Capital, Wintermute, and others.
👉🏻 twitter.com/archwayHQ/status/1666142999502532610
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Archway, a Cosmos-native layer 1 blockchain, announced the Genesis #Airdrop that will include Axelar bridge users. By airdropping Axelar bridge users, Archway aims to reward those who have contributed to liquidity in the Cosmos. Recently, Archway announced a $ARCH token sale that will occur on Coinlist on June 15th. Last year, Archway raised $21M in a seed funding round backed by CoinFund, Hashed Fund, Blockchain Capital, Wintermute, and others.
👉🏻 twitter.com/archwayHQ/status/1666142999502532610
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