📢 zkSync is planning token generation (TGE) this week and plans to airdrop in mid-June (approximately June 13).😮 Hoping to use ZK as its token, but some issues have arisen due to Polyhedra Network using this token.🤔 However, It was stated that zkSync can still use ZK and Binance has not yet launched Polyhedra's token.👀
"Grayscale Ethereum Mini Trust stated in document 19b-4 that they will not directly or indirectly participate in Ethereum rights staking and will not use any Ethereum to earn additional Ethereum or generate revenue. 😮📉💔#crypto#Ethereum"
📢 DWF Labs announced that it has taken steps to relieve the selling pressure in the crypto market and purchased 25 million GALA tokens. According to Spot On Chain, DWF Labs received 28.3 million GALA (valued at $1.1 million) from Binance. 📉 They currently hold a total of 88.3 million GALA, making it the fifth largest position in their investment portfolio. 🧐💰
Solana wallet Phantom has acquired wallet service platform Bitski, which is backed by leading investors such as Andreessen Horowitz (a16z) and Galaxy Digital. 🚀 Phantom plans to bring an embedded wallet to Solana to offer a user experience similar to web2. Users will soon be able to sign up and log in to Phantom using just their email address. 👥 Bitski team will join Phantom and expand its current team of 80 people. 💰 Bitski has collected at least $25.5 million so far, while Phantom has collected $118 million in total.
"Catizen generated more than 50 million $NOT within 3 days after supporting the $NOT payment. 🎉 Following this situation, Catizen and Notcoin decided to destroy 10% of this income. 🔥 This move significantly increased the circulating supply of $NOT 👍 Since Catizen integrated $NOT for loading, both communities have benefited from improved usability and special offers.”
📢 deBridge announced the Solana-based governance token called DBR!🎉 There are 10 billion DBRs in total, 20% of which are reserved for community launch and community.🚀 DBR holders can use their tokens as collateral to participate in DAO governance voting. Additionally, the DBR token was launched before a vote on Jupiter's LFG platform. If the voting is successful, deBridge will be launched on the LFG platform within three months.🔮
"According to Arkham's observation, an address thought to belong to the Ethereum Foundation converted 100 ETH into 36.62K DAI via Cow Protocol🔄. All DAI was then transferred to another address of the Ethereum Foundation. During this year, The address appears to convert ETH to DAI, usually in the amount of 50, 100 or 200 ETH. "What direction is the crypto market going?"
Hex Trust Group launched the first native stablecoin USDX on Flare. 🎉 USDX has a 1:1 dollar ratio and Clearpool revenue pool. Developed by Hex Trust and backed by dollars or equivalent assets, USDX provides critical DeFi infrastructure for Flare. 📈 This will be the core component of Flare's DeFi and cross-chain ecosystem. 🔐 USDX will mitigate volatility in the cryptocurrency market and increase the security and reliability of the digital asset ecosystem.
A scandal in the crypto world! 🚨 According to Lookonchain's tracking, an insider is selling the Meme coin MAGA on the Ethereum chain. This person purchased 1404 billion MAGA by spending 5.35 ETH (approximately $19,586). 😱 This accounts for 33.37% of the total supply. So far, this person has sold 799 billion MAGA and received 320 ETH (approximately $1.05 million) in return. He still has 605 billion MAGA, worth over $9 million. 💸💸
Crypto market news: BNB briefly broke above $630 but is now down to $624. 📉 It increased by 8.22% in the last 24 hours. 🚀 However, it is unclear how long this situation will last. 😕#BNB#Cryptocurrency #Blockchain
📢 Cryptocurrency news: 6 virtual asset ETFs gained significant value today on the Hong Kong stock exchange. By the close, 3 Ethereum ETFs were up over 18 percent.📈🚀
The total transaction volume reached HKD 52.78 million. These include Huaxia Bitcoin ETF (3042.HK) at 19.91 million HKD, Huaxia Ethereum ETF (3046.HK) at 11.49 million HKD, Harvest Bitcoin ETF (3439.HK) at 6.33 million HKD, Harvest Ethereum ETF (3179.HK) at 5.42 million HKD, Bosera HashKey Bitcoin ETF (3008.HK) traded HKD 3.43 million and Bosera HashKey Ethereum ETF (3009.HK) traded HKD 6.18 million. Watch market trends carefully! 💹🔍
Phantom introduced Sonic, a new L1 chain. Sonic aims to offer users and DApp developers better performance than the existing Opera network by bridging Ethereum and other chains. Phantom owners will be able to switch to S, Sonic's native token, at a 1:1 ratio. Fantom Foundation will allocate billions of dollars of FTM to support the development of the Sonic ecosystem. 😮🚀🔗
📰 Vitalik Buterin, co-founder of Ethereum, stated that "Infrastructure Associations" should complement protocol associations on the X platform. 🌐 This may include high-level languages, L2 token bridge protocols, ZK-EVM, thin clients, portal networks, and extensions. 🚀 Everything that is not a token, operator or governance is not “part of L1” but has value across the entire ecosystem. He emphasized that such elements should be determined as general products within the ecosystem rather than products of individual companies.
📉 Friend.tech appears as a new player in the social media industry. 🌐 Built on Web3 technology, this platform provides content creators with the opportunity to control their data and income. 🚀 Friend.tech, which experienced great growth in 2023, offers content creators the freedom to make money on their own terms. However, a significant decline in the daily activity of the platform has been observed recently. 📉 This situation raises questions about the future potential of the platform and the risks involved.
Marlin Protocol is a platform designed to meet the data processing and verification needs of DApp applications. 🌐🔒 Marlin uses zero knowledge proof (ZKP) and TEE trusted execution environments to ensure data security and privacy. Marlin Oyster provides developers with a TEE-supported software and hardware environment, increasing data processing speed and security. 🚀⚙️ Marlin also supports major development languages such as Python, C++ or Go to help developers easily deploy and maintain their DApps. 🛠️👨💻 Marlin's market capitalization is $1.7 billion and its $POND tokens are listed on major exchanges such as Binance and Coinbase. 📈💰
Cryptocurrency news: After the ETH price rose, the newly created 0x6705 wallet started accumulating ETH from Coinbase prime, according to Scopescan. 📈 0x6705 currently holds 23,200 ETH, worth approximately $89 million. 🔥🔥 Be careful, the market is still uncertain! 💸
📢 Vitalik Buterin, co-founder of Ethereum, stated that ENS is the most successful non-financial application on the X platform and stated that he does not understand why more people do not show interest in it. 🤔💡
Following this announcement, ENS quickly surpassed $20 and is currently at $20.14. The 1-hour increase was 9.8% and the 24-hour increase was 36.7%. 📈🚀
"🚀 Vitalik Buterin, co-founder of Ethereum, explained on the let's get the basics done before we get busy 🧩 The biggest user experience issue right now is that L2-verse doesn't feel like a 'united Ethereum' It's much better than it was a year ago, but it's still not perfect.' 📉"
📰 According to analyst Yujin, Sun Yuchen currently holds 665 thousand ETH (about $2.47 billion), PANews reported on May 21. He purchased 390 thousand of them ($1.435 billion) between the end of 2023 and the end of April this year at an average price of $2984. 📉
🔹 December 26, 2023 - On January 5, 17,883 ETH ($40.45 million) was withdrawn from CEX at address 0x9fc...9fe, average price is $2,262.
🔹 Between February 8 and February 25, address 0x7a9...095 purchased 173,863 ETH ($525.24 million) on CEX and on-chain, with an average price of $2,869.
🔹 Between April 1 and April 25, address 0x435...7cb purchased 176,117 ETH ($552 million) from Binance and on-chain, with an average price of $3,138.
🔹 Between April 27 and April 29, address 0x205...621 withdrew 22,316 ETH ($72.38 million) from Binance, with an average price of $3,244.
Of these 665 thousand ETH, 247 thousand are held in the wallet, while 417 thousand are on staking and re-staking platforms: 215,217 ETH in EigenLayer, 120,139 ETH in Swell, 58,558 ETH in Puffer, 23,225 ETH in Lido and 454 ETH in etherfi stake. 💼💸📉
"Dragonfly partner Haseeb Qureshi stated that the easing of regulations for the Ethereum ETF will ease the crypto policies of the Biden administration. 🗳️ He stated that they do not want to lose votes due to 'little things' (crypto regulations) in the election race. 👀 He stated that other regulators will also change their attitude in the near future. Additionally, Variant Fund CLO Jake Chervinsky said that it would be surprising to anyone who understands Washington regulations if the spot ETH ETF is approved, but that doesn't mean it won't happen. "This indicates a major change in regulations, which may be more important than the ETF itself."