Yamakoshi, a remote village in Japan's Niigata mountains, has enticed 1,700 'digital citizens' by selling non-fungible tokens (NFTs) to support its aging population. The Neo-Yamakoshi Village initiative, overseen by locals, oversees the Nishikigoi NFT collection, named after the colorful koi carp. These NFTs serve as identification for digital citizens and governance tokens for participating in the village's DAO-managed voting. The project has raised over $423,000 through Nishikigoi NFT sales, funding community activities like a sports day for local children. While physical residents receive tokens for free, the digital community must purchase them. Despite challenges in explaining the technology to older adults and low voter turnout, the project received funding to explore Web3 tools. Although global NFT trading volumes have declined, there is potential for practical NFTs and collectibles in Japan, blending playful applications with social impact. Read more AI-generated news on: https://app.chaingpt.org/news

Vanuatu is set to implement a long-awaited digital asset and service provider bill in September. The Vanuatu Financial Services Commission (VFSC) Commissioner announced during a digital assets symposium that the bill is expected to pass in the first week of Parliament. The legislation, delayed due to cabinet changes, aims to regulate virtual asset service providers (VASPs) in line with FATF standards. The bill will introduce licensing requirements for VASPs, ensuring compliance with Anti-Money Laundering laws. The VFSC will oversee VASPs' activities and have the authority to veto licenses. Additionally, a 'Fintech Sandbox Utility' will allow companies to operate for 12 months without a license. Failure to comply may result in fines or imprisonment. The bill is seen as a step towards establishing Vanuatu as an international financial center, boosting economic growth in the region. Read more AI-generated news on: https://app.chaingpt.org/news

The highly anticipated native token of Ethereum layer-2 network Blast (BLAST) experienced a 40% surge following its release, outperforming other notable airdrops in recent weeks. BLAST initially debuted at $0.02 per token, reaching a fully diluted value (FDV) of $2 billion upon launch. In contrast, tokens like zkSync (ZK) and LayerZero (ZRO) have seen declines of 46% and 43% post-launch. The airdrop distributed 17% of BLAST's total supply, with portions allocated to users bridging Ether (ETH) or USD to the network and those contributing to DApps. Despite criticism from some market commentators for falling short of valuation expectations, BLAST's performance has been noteworthy. However, the airdrop event also attracted scammers, with one user losing over $217,000 to a phishing scam. The network, co-founded by Tieshun Roquerre, faced initial skepticism but has shown resilience in the market. Read more AI-generated news on: https://app.chaingpt.org/news

State Street Global Advisors has teamed up with Galaxy Digital to introduce new exchange-traded funds (ETFs) offering exposure to digital assets. The collaboration aims to go beyond traditional spot Bitcoin ETFs, catering to the growing interest from both institutional and retail investors. State Street's proposed SPDR Galaxy Digital Asset Ecosystem ETF will invest in publicly traded digital asset companies, including crypto exchanges, mining firms, and hardware wallet providers. Additionally, they plan to explore futures and spot ETF products. While some view this move as a step towards mainstream adoption of crypto assets, others like Nate Geraci find it surprising that State Street did not focus solely on spot Bitcoin and upcoming spot Ether ETFs. The partnership is expected to leverage State Street's expertise in administrative services for the digital asset ETFs developed by SSGA and Galaxy Digital, marking a significant milestone in the evolving landscape of digital asset investments. Read more AI-generated news on: https://app.chaingpt.org/news

Unicoin, a blockchain tech company based in New York, is set to go public and introduce its own cryptocurrency by year-end. Established in 2015, Unicoin is creating a token backed by its real estate and equity assets. CEO Alex Konanykhin highlighted the firm's compliance efforts, emphasizing its transparency and adherence to regulations. Unicoins can be obtained through asset swaps or 'Buy Now, Pay Later' deals, offering stability compared to assetless cryptocurrencies like Bitcoin. Unicoin's SEC filings reveal plans for a public listing through a reverse merger, direct listing, or traditional IPO. The company's diverse holdings include a TaaS platform, a staffing agency, and a media production company. Despite facing financial challenges, Unicoin's revenue grew in Q1 2024. The company's strategic moves align with the growing trend of crypto companies seeking public listings. Read more AI-generated news on: https://app.chaingpt.org/news

A Bitcoin wallet from the Satoshi era, dating back to 2010, recently became active after 14 years, transferring 50 Bitcoin to the Binance exchange. This era, spanning from 2009 to 2011, marked the time when Satoshi Nakamoto, the pseudonymous creator of Bitcoin, was engaged in online forums. The wallet, associated with a BTC miner who earned 50 BTC in July 2010, contains some of the earliest mined Bitcoin when the reward per block was 50 BTC. Despite the current reward dropping to 3.125 BTC, the miner received the 50 BTC when Bitcoin was valued at $0.05. The movement of crypto to centralized exchanges, like Binance, is often viewed as bearish, indicating potential asset selling. The rise of industrial-scale Bitcoin mining has intensified competition, making it challenging for individual miners to succeed. This trend has led to the awakening of dormant wallets from the Satoshi era, reflecting the evolving landscape of cryptocurrency mining and trading. Read more AI-generated news on: https://app.chaingpt.org/news

In the PolitiFi meme coins market, MAGA Hat (MAGA) and Donald Tremp (TREMP) have emerged as top gainers alongside Trump Mania (TMANIA). These meme coins have experienced significant double-digit surges in the past 24 hours, outperforming tokens like Constitution DAO, TRUMP, and BODEN. MAGA is currently trading at $0.0003611, marking a 20.5% increase in the last 24 hours and a 49% rise over the week. On the other hand, TREMP is priced at $0.7933, showing an 18% surge in the past day and a 13% increase over the week. The market uptrend is attributed to the anticipation surrounding the upcoming US presidential candidate debate. With meme coins inspired by former President Donald Trump dominating the top 10 political meme coins, the sector is bracing for potential volatility. While Trump has been hailed as a crypto advocate, Biden's stance on crypto remains uncertain despite recent developments hinting at a shift in approach. Read more AI-generated news on: https://app.chaingpt.org/news

Marathon Digital, a Bitcoin mining company, has ventured into mining Kaspa (KAS), a layer-1 proof-of-work coin, generating 93 million KAS by June 25. This move aims to diversify revenue streams, as stated by Adam Swick, Marathon's chief growth officer. Kaspa, ranking as the fifth-largest PoW coin globally, offers faster transactions than Bitcoin due to its BlockDAG mechanism. Marathon has acquired 60 petahash of Kaspa ASICs, with a projected 95% profit margin. Currently operating at 50% capacity in Texas, Marathon plans to have full capacity by Q3 2024. With a circulating supply of 24 billion KAS and a block reward of 103.83 KAS, Kaspa's market cap exceeds $4.1 billion. The price of KAS was up by 9% to $0.175, showcasing the potential of this new venture. Read more AI-generated news on: https://app.chaingpt.org/news

Meme coins are experiencing a resurgence, with Pepe coin leading the charge with a 17.4% surge in the last week. The Book of Meme token also saw an 11% increase. Despite these gains, industry experts suggest that Pepe Unchained ($PEPU) could offer life-changing profits. The project has already raised $800,000 in its ICO, nearing the $1 million mark. Investors can buy $PEPU using various cryptocurrencies or bank cards, making it accessible. The tokenomics of Pepe Unchained ensure fair distribution, with rewards for staking and allocations for marketing and liquidity. Operating on its blockchain, Pepe Chain, the project offers scalability and lower transaction fees compared to Ethereum. With a high APY for staking, Pepe Unchained aims to attract investors. By focusing on community building and utility, the project aims for sustainable growth in the crypto market. Pepe Unchained is gaining traction on social media, with a growing following on platforms like X and Telegram. As the market shows signs of recovery, Pepe Unchained emerges as a promising investment opportunity in the meme coin sector. Read more AI-generated news on: https://app.chaingpt.org/news

B2Broker has unveiled the latest update to its crypto spot brokerage platform, B2Trader v1.1, introducing BBP Prime, customizable templates, enhanced reports, and iOS integration. The update allows for prime brokerage capabilities, improved workspace customization, and expanded reporting functionalities. With the addition of the BBP iOS app, traders can now access the platform seamlessly on their iPhones. The update also enables account management across multiple platforms through BBP Prime, streamlining trading activities. Traders can now personalize their workspace layouts and access detailed reports on platform activities. The mobile trading trend is on the rise, with B2Broker's BBP iOS app providing a user-friendly mobile trading experience. This update signifies a significant milestone for B2Broker, offering a comprehensive solution for crypto spot brokers. For a demo or further assistance, contact B2Broker today. Read more AI-generated news on: https://app.chaingpt.org/news

Tron (TRX) is currently trading at $0.12, marking its highest level in the last 30 days with a nearly 10% increase in value. The surge in Tron's price is attributed to heightened demand for the altcoin. Market analysis shows that the recent rally is supported by increased interest from traders, as indicated by the Relative Strength Index (RSI) of 66.25, signaling a preference for accumulating TRX. Despite this, some traders are capitalizing on the uptrend to sell portions of their holdings, leading to a 4% rise in exchange inflow volume. With 181.81 million TRX worth $22 million on exchanges, the market sentiment remains bullish. The Parabolic SAR indicator also suggests a potential uptrend continuation, possibly pushing TRX beyond $0.12 to $0.13. However, profit-taking activities could reverse this trend, causing TRX to drop to $0.11. It is essential to conduct thorough research and seek professional advice before making financial decisions. Read more AI-generated news on: https://app.chaingpt.org/news

Over the past month, the Near (NEAR) protocol has seen a decrease in network activity, leading to a drop in daily transaction volume, network fees, and revenue. This decline has also affected the value of NEAR token, which has experienced a significant decrease. The number of unique on-chain interactions with the protocol has fallen by 15% in the last 30 days, with daily active addresses dropping by 18%. As a result, NEAR's transaction fees and revenue have decreased by 38% and 30% respectively. The protocol's native coin, NEAR, has lost 30% of its value in the same period. The Moving Average Convergence Divergence (MACD) indicator suggests a bearish trend for NEAR, with a potential further decline in price. However, if buying pressure increases, the price may rally to $5.45. Traders are advised to monitor market trends and seek professional advice before making financial decisions. Read more AI-generated news on: https://app.chaingpt.org/news

The market buzzed with expectations for ONDO to hit a new all-time high after reaching $1.48 on June 3, but the token has since dropped by 17.64%. On-chain data provides valuable insights for investors, indicating a shift in ONDO's trajectory towards bullish predictions. Initially priced at $0.11, ONDO has surged by 658% in the past year, attracting significant attention. Factors like Real World Asset (RWA) trends and solid fundamentals are propelling its growth. Metrics like Realized Cap and Mean Coin Age offer key indicators of market sentiment and potential price movements. With ONDO's Realized Cap at $1.15 billion and a rising Total Value Locked (TVL) at $549.18 million, the token shows promise for further gains. Technical analysis suggests a bullish trend, with ONDO's price likely to surpass previous highs if key levels are maintained. However, market fluctuations can impact outcomes, emphasizing the need for thorough research and caution in investment decisions. Read more AI-generated news on: https://app.chaingpt.org/news

Doraemon (DORAE), a meme coin built on Solana, recently experienced a rug pull, resulting in a staggering 100% loss for DORAE holders totaling $1.45 million. The incident involved the deployer of Doraemon selling 2.5 million DORAE tokens for 10,538 Solana tokens, equivalent to $1.45 million. Following this, the perpetrator received 304 SOL from KuCoin and another wallet, using the funds to purchase 2.5 million DORAE tokens, which were then swiftly sold for SOL within six hours. This chain of events led to a drastic 99% price drop in Doraemon, shedding light on the risks and volatility associated with new crypto projects. Rug pulls, like this one, underscore the importance of thorough research and caution in the cryptocurrency space, as investors can suffer significant losses due to deceptive practices. Read more AI-generated news on: https://app.chaingpt.org/news

Following the Dencun Upgrade, Ethereum's network is no longer deflationary, with an increase in ETH supply since mid-April. The upgrade, aimed at reducing transaction fees, has inadvertently led to Ethereum's longest inflationary period since transitioning to Proof-of-Stake. Over 112,000 ETH have been added to the supply, counteracting deflationary effects. The EIP-4844 model, part of the upgrade, aimed to establish Ethereum as 'ultra-sound money' but has slowed the burn rate. With an inflation rate of 0.59% per year, Ethereum is issuing more units than burning, contradicting its previous deflationary narrative. Despite this, the network is experiencing significant scaling activity, benefiting Layer 2 networks. Staked Ethereum is at a peak, with expectations for spot Ethereum ETFs. VanEck's filing for a Spot Ether ETF suggests a potential launch soon, following positive comments from the US SEC. Read more AI-generated news on: https://app.chaingpt.org/news

Update (June 26 at 6:07 pm UTC): An earlier version of this article incorrectly stated that Shomari Figures won a primary in the state of California. It has been corrected to a primary in Alabama. Jamaal Bowman, a House Representative for New York’s 16th Congressional District, lost the Democratic primary, jeopardizing his seat in 2025. Democratic challenger George Latimer is projected to defeat Bowman by 58%–42%. The Fairshake PAC spent over $2 million opposing Bowman, citing 'dangerous conspiracy theories' rather than his stance on pro-crypto bills. Bowman's loss was attributed to significant opposition spending, including $17 million from interest groups. In a similar vein, Rep. John Curtis won the Republican primary for the U.S. Senate, supported by Fairshake's affiliate PAC. The influence of crypto-backed funds in political races is evident, with Fairshake's media campaigns impacting voter decisions. The 2024 election landscape is being reshaped by crypto-influenced political dynamics. Read more AI-generated news on: https://app.chaingpt.org/news

The United States Department of State has raised the reward for information leading to the capture of OneCoin founder Ruja Ignatova. The State Department's Transnational Organized Crime Rewards Program is now offering a $5 million reward for details that result in Ignatova's arrest and conviction. Ignatova, who was last seen in Athens in October 2017, has been on the FBI's 'ten most wanted fugitives' list since June 2022. Despite previous rewards of $100,000 and $250,000, she remains at large. Charged with fraud and money laundering in 2017, Ignatova faces legal action in Bulgaria as well. OneCoin, a fraudulent crypto scheme exposed in 2015, defrauded investors of around $4 billion. Various individuals linked to the scheme have faced legal consequences, including Ignatova's brother, who served time in prison. The pursuit of Ignatova continues amidst ongoing legal actions against those involved in the scam. Read more AI-generated news on: https://app.chaingpt.org/news

Cryptocurrency platform Abra, along with its CEO William Barhydt and associated companies, has reached a settlement with 25 U.S. states for operating without proper licenses. The agreement follows an investigation by regulators from eight states, led by Washington, which found that Abra was running an unlicensed mobile app for crypto trading. As part of the settlement, Abra will not face penalties but will return up to $82.1 million and remaining virtual assets to customers in the participating states. Barhydt has agreed to refrain from engaging in money services activities for five years. The settlement involves states like Texas, Vermont, and Ohio, with others having the option to join later. Abra had faced previous regulatory issues, including a fine by the SEC and a cease-and-desist order from Texas. The company ceased operations with U.S. customers in June 2023. Read more AI-generated news on: https://app.chaingpt.org/news

Notcoin (NOT), a Telegram-based cryptocurrency, is expected to experience significant growth in the near future, with predictions of doubling its market capitalization. This positive outlook is backed by strong technical indicators and fundamental factors, particularly the recent token burn conducted by the ecosystem. The Notcoin team burned 210 million NOT tokens valued at $3 million in a single day on June 25, leading to a price surge of 16.40% to $0.0164. Additionally, plans to distribute $4.2 million worth of NOT tokens to 'Gold and Platinum users' of the Explore initiative indicate a bullish trend. Token burns and user incentives ensure continuous demand for NOT, aligning with founder Sasha Plotvinov's long-term vision for the project. Technical analysis suggests a potential price target range of $0.023 to $0.031 for July, depending on market conditions. Read more AI-generated news on: https://app.chaingpt.org/news

Cryptocurrency exchange Bitstamp is getting ready to comply with Europe's Markets in Crypto-Assets Regulation (MiCA) by removing Tether's euro-pegged stablecoin, EURT. Bitstamp, an early adopter of EURT in November 2021, will delist it before June ends to adhere to MiCA, effective on June 30. EURT, launched in 2021 by Tether, lags behind USDT in market value, currently at $33 million compared to USDT's $110 billion. Bitstamp's UK managing director, James Sullivan, supports MiCA's goal of standardizing crypto regulations in the EU. Bitstamp will continue trading USDT and USDC but restrict new EMTs that don't meet MiCA standards. Uphold, on the other hand, chose to delist USDT and other stablecoins to comply with MiCA. Tether's CEO criticized MiCA in May 2024, expressing reluctance to operate under its regulations. Read more AI-generated news on: https://app.chaingpt.org/news