The Solana Foundation has ousted a group of validator operators from its delegation program for engaging in sandwich attacks on traders. In a sandwich attack, a deceitful trader exploits a network like Ethereum to manipulate asset prices by placing orders before and after a pending transaction. This ensures retail investors receive the worst price while the attacker profits. The Foundation identified these operators through their involvement in mempools, which facilitate sandwich attacks. The decision aligns with rules against malicious activity. Tim Garcia, a Solana validator relations lead, emphasized a zero-tolerance policy for such behavior. Delegation aims to support validators by assigning SOL tokens, enabling staking. Operators misusing meme pools to scam users are condemned. The Foundation remains dedicated to safeguarding retail investors from exploitation and financial losses due to fraudulent practices. Read more AI-generated news on: https://app.chaingpt.org/news

AI has been utilized to create a disturbing new image for a persistent problem with Amazon's Prime Video service. A recent screenshot revealed various options for streaming the 1957 version of 12 Angry Men on Prime Video, showcasing an AI-generated thumbnail for the free-to-watch version. The image depicted 19 distorted faces of angry men, sparking criticism on social media. Despite the unsettling artwork, the thumbnail leads to the original film, raising questions about the presence of multiple versions on the platform. Speculations suggest that content creators exploiting Amazon's Video Direct feature may be behind such discrepancies. This issue highlights the challenges faced by streaming platforms in maintaining content quality and authenticity. The incident underscores the importance of ensuring transparency and integrity in the digital content ecosystem, even in the realm of cryptocurrency and blockchain technology. Read more AI-generated news on: https://app.chaingpt.org/news

The Ethereum layer-2 network Base has exceeded $8 billion in total value locked, surpassing Optimism’s OP Mainnet. As of June 10, L2Beat data reveals a TVL of $8.05 billion, with $2.14 billion bridged from Ethereum to Base and $5.92 billion in native assets. Base, supported by Coinbase, is now the second-largest Ethereum scaler in TVL after Arbitrum One. Since its launch in August, Base has grown rapidly, reaching $1 billion in TVL on Feb. 27. It leads in transactions per second at 30.36, processing 64.86 million transactions in the last month. Despite a decrease in on-chain profits to $6.98 million in May, Base remains the most profitable Ethereum layer 2. However, the network faced challenges with scammers exploiting its popularity with memecoins, resulting in a significant increase in phishing scams. Analysts predict Ethereum layer-2 scaling networks could reach a $1 trillion market cap by 2023. Read more AI-generated news on: https://app.chaingpt.org/news

The frog-themed meme coin BRETT has experienced a remarkable surge of nearly 400% in the past month, propelling its market cap to $1.7 billion. Analysts and ChatGPT speculate that BRETT could potentially surpass the leading frog-themed meme coin, PEPE, if current trends persist. The broader cryptocurrency market saw a significant uptrend, with meme coins playing a pivotal role in driving the momentum. Despite a slight dip in market capitalization following a Friday crash, meme coins collectively approached the $70 billion mark. BRETT, in particular, has emerged as a standout performer, with its value skyrocketing and market cap ranking it among the top cryptocurrencies. ChatGPT predicts a possible flippening with PEPE, citing BRETT's strong community support and association with the Base chain. Analysts anticipate further price growth for BRETT, especially if it secures additional exchange listings, with some speculating on a potential Binance listing in the future. Read more AI-generated news on: https://app.chaingpt.org/news

After a period of consolidation, Ripple's price is indicating a significant shift towards a bearish trend. Trading against USDT, XRP has been stuck in a symmetrical triangle pattern for months, following a drop below the 200-day moving average. Despite a partial recovery from a recent market drop, the daily candle closed below the triangle pattern, signaling further downside potential. With the RSI dipping below 50%, momentum favors a bearish move, possibly towards the $0.4 support level if $0.5 is breached. The XRP/BTC pair paints a bleaker picture, with a continued downtrend since November. Failing to break above the 800 SAT resistance, a new bearish phase has begun, targeting the 600 SAT support. While the RSI is in oversold territory, hinting at a potential recovery, investors should remain cautious amidst the ongoing depreciation against BTC. Read more AI-generated news on: https://app.chaingpt.org/news

The African Development Bank (AfDB) and tech giant Intel have partnered to provide three million Africans and 30,000 government officials with advanced artificial intelligence (AI) skills. This collaboration aims to transform the African digital landscape by offering training in AI, robotics, and data science. The goal is to enhance economic growth and productivity across the continent. By empowering Africans with AI skills, the initiative seeks to enable active participation in technology development and innovation. The training program is expected to benefit sectors like agriculture, health, and education, leading to sustainable development and improved quality of life in Africa. Intel's commitment to making AI accessible to all, regardless of location or background, highlights the importance of inclusivity in the digital economy. Additionally, the partnership aims to establish consistent policies for digital technologies like AI, 5G, and cloud computing, promoting a unified approach to digital transformation in Africa. Despite challenges in talent development and high training costs, initiatives like Nigeria's multilingual language model demonstrate progress in AI development across the continent. Read more AI-generated news on: https://app.chaingpt.org/news

The Arbitrum Foundation, creators of the Ethereum rollup-based layer-2 network Arbitrum, have dedicated 225 million ARB tokens, worth around $215 million, to boost the gaming sector in their ecosystem. The Gaming Catalyst Program (GCP) aims to promote the adoption of Arbitrum, Orbit, and Stylus among game developers and players. Initially proposed in March and approved in June with over 75% of votes, the program received support from L2Beat, Wintermute, and Treasure DAO. Despite some opposition, the proposal was endorsed by Treasure DAO, emphasizing Arbitrum's potential in gaming. The program offers grants of up to 500,000 ARB for new developers and investment opportunities for established ones. A council of experts will oversee the program's operations and ensure funds are used efficiently. The GCP also enforces financial limits and prioritizes innovation and accountability in gaming development. Read more AI-generated news on: https://app.chaingpt.org/news

Cryptocurrency has emerged as a disruptive force in the financial world, challenging traditional banking systems. Its decentralized nature and blockchain technology have revolutionized transactions, offering security and transparency. The increasing popularity of cryptocurrencies like Bitcoin and Ethereum has led to a surge in investments and trading activities. This digital revolution has also sparked debates on regulation and the future of finance. As more people embrace digital currencies, the landscape of finance is evolving rapidly. The potential for growth and innovation in the crypto space is immense, attracting both investors and tech enthusiasts. With the rise of decentralized finance (DeFi) platforms and non-fungible tokens (NFTs), the crypto industry continues to push boundaries and redefine the way we perceive money and assets. Read more AI-generated news on: https://app.chaingpt.org/news

Wintermute CEO Evgeny Gaevoy believes Ethereum leaders must make a choice between supporting either a capitalist or socialist economic system, as attempting to do both is not feasible. Gaevoy argues that the Ethereum community, including Vitalik Buterin and Uniswap founder Hayden Adams, faces a contradiction by aiming to create products for positive societal change while also focusing on Maximum Extractable Value (MEV) and capitalist incentives. While Buterin emphasizes the importance of projects bringing value to society, Adams has no qualms about celebrity meme coins but criticizes rapper Iggy Azalea for her remarks towards Buterin. Despite the debate, Azalea's meme coin MOTHER has seen success in the market. The crypto world is witnessing a clash between ideologies as Ethereum ecosystem continues to grow, attracting both supporters and critics. Read more AI-generated news on: https://app.chaingpt.org/news

Apple is gearing up to unveil its response to the AI revolution with the introduction of Apple Intelligence. Set to be announced at the Worldwide Developers Conference, Apple's new lineup of AI-powered products will feature a hybrid onboard/cloud approach. This strategy will ensure consumer privacy for applications like predictive text and typing suggestions, while also partnering with OpenAI for more advanced generative features. The revamped Siri is expected to offer personalized tasks and capabilities, aiming to catch up with competitors like Samsung. Despite initial skepticism, Apple's venture into generative AI is highly anticipated. With the launch of AI-generated emojis and a more powerful Siri, Apple aims to reclaim its position as a market leader in 2024, competing with tech giants like Microsoft and Google. Read more AI-generated news on: https://app.chaingpt.org/news

Binance, the world's largest cryptocurrency exchange in terms of daily volume, proudly announced on June 8 that it had achieved a significant milestone of 200 million global users. This achievement sets Binance apart from other exchanges, although it is important to note that these numbers are self-reported. The company celebrated this milestone on social media, highlighting its goal of reaching a billion users, which would equate to one in every eight people on Earth. Starting with 130 million users in 2022, Binance added 40 million in 2023 and another 30 million in the first half of 2024. At this rate, Binance is projected to hit 300 million users by 2026. The global cryptocurrency user base grew to 562 million in 2024, with Binance users representing around 36% of this total. Additionally, Binance recently achieved another milestone by reaching $100 billion in user assets under custody, demonstrating its strong position in the industry despite legal challenges faced by its founder. Read more AI-generated news on: https://app.chaingpt.org/news

Cryptocurrency has emerged as a prominent player in the financial world, revolutionizing traditional banking systems. Its decentralized nature and blockchain technology have attracted investors seeking transparency and security. The surge in popularity of digital currencies like Bitcoin and Ethereum has led to a shift in how people perceive and use money. This shift has also prompted governments and financial institutions to adapt to the changing landscape. As more businesses and individuals embrace cryptocurrencies, the need for regulations and guidelines becomes increasingly important. The potential for growth and innovation in the crypto space is vast, with new projects and developments constantly emerging. The future of finance is being shaped by the rise of cryptocurrency, offering new opportunities and challenges for the global economy. Read more AI-generated news on: https://app.chaingpt.org/news

Cryptocurrency has become a prominent player in the financial world, revolutionizing traditional banking systems. The digital currency market has experienced significant growth, attracting both investors and consumers alike. With the emergence of blockchain technology, transactions are now more secure and transparent. This shift towards decentralized finance has led to increased interest in alternative investment options. Cryptocurrencies like Bitcoin and Ethereum have gained mainstream acceptance, with more businesses accepting them as a form of payment. The future of finance seems to be intertwined with the world of cryptocurrency, as it continues to disrupt and innovate the way we handle money. As the market evolves, it is essential for individuals to stay informed and educated about this new financial landscape. Read more AI-generated news on: https://app.chaingpt.org/news

Cryptocurrency has emerged as a disruptive force in the financial world, challenging traditional banking systems. Its decentralized nature and blockchain technology have revolutionized transactions, offering security and transparency. The increasing popularity of cryptocurrencies like Bitcoin and Ethereum has led to a surge in investments and trading activities. This digital revolution has also sparked debates on regulation and the future of finance. As more people embrace digital currencies, the landscape of finance is evolving rapidly. Cryptocurrency's potential to democratize finance and provide financial inclusion to the unbanked is a driving force behind its growth. However, concerns about volatility and security remain prevalent. Despite these challenges, the adoption of cryptocurrency continues to grow, reshaping the way we perceive and interact with money. Read more AI-generated news on: https://app.chaingpt.org/news

Cryptocurrency has emerged as a disruptive force in the financial world, challenging traditional banking systems. Its decentralized nature and blockchain technology have revolutionized transactions, offering security and transparency. The increasing popularity of cryptocurrencies like Bitcoin and Ethereum has led to a surge in investments and trading activities. This digital revolution has also sparked debates on regulation and the future of finance. As more businesses and individuals adopt cryptocurrencies, the landscape of finance is rapidly evolving. The potential for growth and innovation in this sector is immense, with new opportunities and challenges emerging. Cryptocurrency's impact on the global economy is undeniable, shaping the way we perceive and engage with money. The future of finance is being reshaped by the rise of cryptocurrency, paving the way for a more inclusive and efficient financial system. Read more AI-generated news on: https://app.chaingpt.org/news

Cryptocurrency has become a prominent player in the financial world, revolutionizing traditional banking systems. The digital currency market has experienced significant growth, attracting both investors and consumers alike. With the introduction of blockchain technology, transactions are now more secure and transparent. Cryptocurrencies like Bitcoin and Ethereum have gained widespread acceptance, challenging the dominance of fiat currencies. The decentralized nature of these digital assets has led to increased interest from individuals seeking financial independence. As more businesses adopt cryptocurrency as a form of payment, the future of finance looks increasingly digital. The potential for growth and innovation in the crypto space is vast, with new opportunities emerging regularly. Overall, the rise of cryptocurrency signals a shift towards a more decentralized and efficient financial ecosystem. Read more AI-generated news on: https://app.chaingpt.org/news

Cryptocurrency has emerged as a disruptive force in the financial world, challenging traditional banking systems. The decentralized nature of cryptocurrencies like Bitcoin and Ethereum offers users greater control over their assets. This shift towards digital currencies has sparked debates among regulators and financial institutions. Despite concerns about volatility and security, many investors are drawn to the potential for high returns in the crypto market. The growing acceptance of cryptocurrencies for transactions and investments indicates a shift towards a more digital economy. As blockchain technology continues to evolve, the future of finance may be increasingly intertwined with cryptocurrencies. It is essential for individuals and businesses to stay informed about this rapidly changing landscape to make informed decisions regarding their financial strategies. Read more AI-generated news on: https://app.chaingpt.org/news

Cryptocurrency has emerged as a prominent player in the financial world, revolutionizing traditional banking systems. The decentralized nature of digital currencies like Bitcoin has sparked a global interest in blockchain technology. This innovative approach to transactions offers increased security and transparency, challenging the status quo of centralized financial institutions. As more businesses and individuals adopt cryptocurrencies, the landscape of finance continues to evolve. The potential for growth and innovation in this sector is vast, with new opportunities for investment and technological advancements. The rise of cryptocurrency signifies a shift towards a more decentralized and inclusive financial ecosystem, empowering individuals to take control of their assets. As the market matures, it is essential for investors to stay informed and adapt to the changing dynamics of the crypto space. Read more AI-generated news on: https://app.chaingpt.org/news

Bitcoin briefly touched the $72,000 resistance on June 7 before dropping to $69,000, signaling a potential shift in investor sentiment. The S&P 500 hit a new high following strong job growth in the US, impacting various asset classes. Concerns about a possible recession loom as interest rates remain high, but current data suggests a stable economic outlook. Despite market fluctuations, Bitcoin, gold, and fixed-income assets reacted differently, highlighting the unique dynamics at play. Analyzing data from BTC futures markets reveals a decrease in bullish sentiment among top traders, indicating a cautious approach. However, retail trader demand for stablecoins in China has shown a slight increase, suggesting ongoing interest in the market. Overall, while market indicators fluctuate, the resilience of the $69,000 support level hints at a potential recovery in sentiment among Bitcoin traders. Read more AI-generated news on: https://app.chaingpt.org/news

On-chain prediction markets are transforming how people forecast outcomes, spanning from sports to finance. Azuro, an on-chain predictions market protocol, simplifies building and engaging in prediction markets by offering advanced tools, oracle solutions, and a unique liquidity model. Dan Kaizer, Azuro's chief technology officer, discusses the current state of on-chain prediction markets, Azuro's distinctive protocol features, and the future potential of this evolving sector. Azuro's peer-to-pool liquidity model efficiently allocates liquidity across markets without overexposing providers. The recent $11 million funding round will further accelerate ecosystem development. Partnering with Chiliz aims to boost on-chain sports prediction market adoption. With over 25 apps on Azuro, attracting developers involved clear processes and high-quality documentation. The upcoming AZUR token generation event will decentralize protocol governance. The future of on-chain prediction markets looks promising, with Azuro exploring new business verticals and a native Ethereum layer 2 for optimized applications. Read more AI-generated news on: https://app.chaingpt.org/news