June was epic for KIP! 🚀 We introduced Open Campus U, reshaping education by leveraging KIP's cutting-edge decentralized AI solutions. Strategic partnerships with key players like Masa AI, Ta-da, and Rido Protocol were formed.
The Uprising also celebrates 1 month anniversary! In this month, our community airdrop campaign reached new heights, becoming one of the largest active SocialFi platform! Join now and stay tuned for major updates soon 👉 https://uprising.kip.pro
Our Co-Founders showcased AI’s potential in regenerative medicine at the International Cellular Therapeutics Conference and connected with top minds at GM Vietnam ⚡️And lots more news and exciting updates!
Excited to welcome Privasea to our partner ecosystem! Privasea uses cutting-edge Fully Homomorphic Encryption (FHE) to ensure top-tier data privacy and security in AI 🛡
This partnership boosts KIP's mission to transform knowledge and data into economic assets. Expect seamless data trading, fair compensation for contributors, and minimal fees for on-chain AI assets 🚀
Important development in Arbitrum (ARB): How does it affect the price?
Due to ZRO allegations, Arbitrum's (ARB) revenue on June 20 was $3.38 million, the highest day to date.
The LayerZero airdrop briefly increased the number of messages sent on the cross-chain network as users claimed their ZROs. The airdrop was frequently discussed due to the anti-sybil used to determine allocations and the $0.10d donation required to be made to the Protocol Guild to claim each token.
While the launch of the ZRO token did not appear to help the LayerZero network recover from the drop in activity following the announcement that the airdrop snapshot had been taken, a different protocol was able to profit from it.
As a reminder, the revenue generated by Ethereum Layer 2s is the amount of fees paid on these networks. Many post-Dencun rollups have seen a decline in revenue as users pay lower fees, but earnings have increased for many scaling solutions as the cost of publishing data on the #Ethereum mainnet has dropped significantly.
The fact that #Arbitrum sees such high fees is an indication that the demand for Arbitrum block space is high, as users are willing to pay high fees to have their transactions processed on the network.
This makes sense, given that Arbitrum is the coordination chain for the LayerZero token demand contract. This meant that requests could be processed atomically in Arbitrum, while other networks to which requests could be made would have to use a cross-chain message on the LayerZero network to facilitate the request. $ETH $ARB
Joe Biden's election probability is decreasing: Critical signal for crypto!
On decentralized crypto prediction platform Polymarket, US President Joe Biden's re-election probability has dropped to 9 percent. Bettors are speculating on whether Vice President Kamala Harris will replace Biden as the Democratic Party nominee.
Biden's odds have briefly rebounded since then and are now at 10 percent of Polymarket's $226 million "2024 Presidential Election Winner" market. While former President and Republican Party candidate Donald Trump is shown as the favorite with 61 percent, Harris comes in second with 19 percent.
Stock prices, reflecting Biden's odds on the prediction platform PredictIt, similarly fell from $0.25 to $0.20. Harris is now the leading Democratic candidate – but Trump still holds the highest-valued “Yes” shares at $0.58. This development comes as concerns from the media and outside commentators grow that he may not be eligible for a second term.
According to CNN, the President reportedly alarmed several US governors during a meeting at the White House on July 3, jokingly saying, "I'm fine, but I don't know anything about my brain."
In the same news, it is stated that Biden said that he will no longer plan events after 20:00 in order to get more sleep. Biden did himself no favors when, in a radio interview the next day, he mistakenly described herself as the “first black woman” to serve as President of the United States. It's a clip that has since been circulating on social media.
Polymarket shows that there is a 66% chance that Biden will withdraw before the November 4 US elections, and Harris is the Democratic candidate most likely to compete with Trump. However, Biden emphasized that he did not intend to resign despite increasing pressure.
In his Independence Day speech at the White House on July 4, Biden reportedly said, "I'm not going anywhere."
What is the Latest Situation in the German Government's Bitcoin (BTC) Transfers?
The chaotic process continues in the cryptocurrency industry. The leading cryptocurrency Bitcoin (BTC) and altcoins have experienced serious declines with the developments of Mt.Gox. The German Government's #BTC moves also have a serious impact on these declines.
Recently, successful blockchain analytics company Arkham shared a report on the German Government's Bitcoin moves. Here are the latest BTC moves of the #Germany Government: “German Government wallets received 1,915 BTC ($111.5 million worth) last night from addresses linked to Kraken, Bitstamp and Coinbase.
This morning, 1047.4 BTC (worth $57.2 million) were removed from their wallets: ** 547.4 BTC (worth $30.1 million) to Flow Traders ** 500 BTC ($27.1 million worth) sent to 139Po (presumably deposit for institutional/OTC service). The German Government currently holds 41,226 BTC (worth $2.3 billion) in tagged addresses on the chain.”
Recently, German MP Joana Cotar Alman made a call that the government should not sell BTC. Will these calls find a response in the government? matter of curiosity…
Dünya Çapında Web3 Ustalığını Ortaya Çıkarmak: Hooked 2.0 Global Unitour'dan Öne Çıkanlar!
Cesur bir küresel yolculuğa çıkarken, son başarılar üzerinde düşünelim:
✨APAC ve Amerika'dan Avrupa ve Orta Doğu'ya uzanan Gerçek Dünya İttifakı ile ortaklık: Bu hayati kıtalara yayılan 66'dan fazla prestijli üniversite ve eğitim kurumunun yanı sıra 63'ten fazla önde gelen blockchain kulübüyle işbirliği yapıldı.
✨Ekosistem Etkisi için Devlerle İşbirliği: Küresel Web3 Uzmanlığını desteklemek ve ekosistemler arasında karşılıklı büyümeyi teşvik etmek için Web2 ve Web3'ten 150'den fazla sektör lideriyle ortaklık kurduk.
🔥Sismik Küresel Etki: 1,5 milyon ilham veren bireyin hayatına dokunmak, Web3'ün sınırsız potansiyelleri üzerine tartışmaları ateşlemek.
HOOKED 2.0 Mezunları @AlphaOrBeta_FUN'a hoş geldiniz - Zenginleştirilmiş deneyimler ve ustalık için Web3 Eğitimini Ekosistem Devleriyle Birlikte Oluşturmak! http://Wallet.hooked.io/system/index/i…
💡Sınavları fethedin
🏅Merkezi olmayan öğrenme için bir AlphaOrBeta Madalyası ve ödüller kazanın!
Bitcoin Exchange Binance Received Margin Delist for 5 Coin Pairs!
#Binance , the world's largest cryptocurrency exchange, announced that it will delist 5 parities from isolated margin transactions.
In its official statement on July 5, #Binance announced that it will isolate some pairs for DigiByte (DGB), Alien Worlds (TLM) and Voxies (VOXEL) and delist them from cross-margin transactions.
According to the statement, #Binance will suspend isolated and cross margin borrowing of DGB, TLM and VOXEL assets for Bitcoin (BTC) parity on July 7. Then, on July 8 at 09:00, all open positions will be automatically closed and direct payments will be made to users.
After all these transactions, Binance will cancel the pending DGB/BTC, TLM/BTC and VOXEL/BTC orders and delist the said trading pairs from isolated margin transactions. Binance will also delist DGB/BTC, TLM/BTC trading pairs from cross-margin transactions.
Justin Sun Trying to Save Bitcoin: He Gave a Blank Check to Germany
Tron ($TRX ) founder Justin Sun gave the German government a blank check for Bitcoin. Justin Sun wants to buy the coins held by the German government in order to relieve the selling pressure on Bitcoin.
Germany seized tens of thousands of Bitcoins on illegal platforms as a result of operations carried out in recent months. German authorities have sent tens of millions of dollars worth of Bitcoin to cryptocurrency exchanges throughout this week, including today.
Arkham CEO said that Bitcoin is generally sent to central cryptocurrency exchanges with the intention of selling. Justin Sun stated, “I am ready to negotiate with the German government to buy all $BTC off the market in order to minimize its impact on the market.” According to Arkham data, the German government still has 40,359 Bitcoins worth $2.33 billion in its wallet, despite the coins it has recently disposed of.
The transactions made by #Germany have recently led to an increase in the sales pressure on #Bitcoin . According to CoinGecko data, Bitcoin fell below $58,000 today. According to Bitcoin Treasuries data, Germany has one of the largest Bitcoin wallets among states. Germany is on the list behind the USA, China, the UK and Ukraine.
$40 Million Ethereum Whale Will Lose If Price Drops to This Point!
An altcoin whale is at risk of liquidation due to the decline across the cryptocurrency market. According to a post by blockchain analysis platform Lookonchain, a whale who has taken a long position in Ethereum (ETH) will lose his position if the price drops by a few hundred dollars.
According to Lookonchain data, this whale deposited 12 thousand 734 Ethereum ($40 million) in Compound. He then borrowed $31.4 million worth of stablecoins. Compound allows users to borrow against underlying assets using crypto assets as collateral. USD Coin (USDC) is used as the base asset on the Ethereum-based platform. If the Ethereum price drops to $2,984, this whale's position will be liquid.
Ethereum price is falling along with many other cryptocurrencies on the market, including Bitcoin. According to CoinGecko data, the ETH price dropped by 4.9% in the last 24 hours and fell to $ 3,137.
According to Coinglass data, during this period, a total of 293.9 million dollars worth of positions were liquidated in the market, of which 259 million dollars were formed in long positions.