🚀 Hashed Ventures, a South Korean crypto investment firm, is setting up shop in Abu Dhabi, partnering with tech group Hub 71. CEO Simon Seo-Joon Kim is even coaxing other Korean crypto firms to join the UAE's burgeoning crypto market. 🌴 Why? Kim cites a declining local population and domestic market challenges in Korea. Plus, he's a fan of Abu Dhabi's clear regulatory guidance for Web3 startups. Hashed, with a cool $700M in global assets, is one of the biggest crypto firms to make the leap to the UAE. 🐪 What's your take on this East-meets-Middle-East move? Let's chat below! 💬

🌴Vanuatu, a Pacific Island nation, is gearing up to pass a digital asset bill as early as September! 🎉 The bill, which has been on the back burner due to cabinet changes, will set licensing and registration requirements for virtual asset service providers (VASPs) in the country. This move will bring Vanuatu closer to the standards set by the Financial Action Task Force (FATF). The proposed act will introduce five license classes covering various service providers. Penalties for non-compliance? A whopping $207.7 million fine or 15 years in the slammer! 💰🚔 What are your thoughts on this? Let's chat in the comments!

🦒Toys “R” Us is under fire for its latest ad, created entirely by OpenAI's video AI tool, Sora. The ad, a tribute to founder Charles Lazarus, has been criticized for its lack of visual continuity and high energy costs. Avengers: Endgame director Joe Russo even tweeted, "TOYS ‘R US released an AI commercial and it fucking sucks." 😬 But hey, in the world of blockchain and AI, isn't it all about trial and error? Let's hear your thoughts below! #AIvsHumanCreativity 🎥🤖

🚀 Elon Musk, or should we say, his deep fake, is at it again! The YouTube channel of Australia's 7News was hijacked and rebranded as Tesla, featuring a deep fake of Musk promising to double your crypto. 🤖 Around 150,000 viewers were tuned into the scam, but who knows how many were bots? The links to the real 7News channel were broken, but the hijacked one still had the news organization’s verification tick. 😲 What's your take on this? Let's chat in the comments! #ElonMusk #CryptoScam

🚀 BLAST off! Ethereum's layer-2 network token, Blast (BLAST), has rocketed 40% since its launch, outperforming other recent airdrops like zkSync (ZK) and LayerZero (ZRO) 📉. BLAST's debut price was $0.02, giving it a fully diluted value of $2 billion. Critics say it's underwhelming, but hey, it's still a blast! 💥

Despite some hiccups (scammers and disgruntled seed investors), BLAST's airdrop released 17% of its total supply, with 7% going to users who bridged Ether (ETH) or USD on Blast (USDB) to the network.

What's your take on BLAST's performance? 🤔 Let's discuss below! 👇 Remember, don't get scammed while claiming your airdrops! #StaySafe #CryptoNews

🚀Marathon Digital, a Bitcoin mining giant, has struck gold, or rather, Kaspa (KAS)! 💰 Mining a whopping $16M worth of KAS since September, Marathon has diversified its revenue stream, capitalizing on the higher margins of Kaspa mining. But don't get it twisted, folks! Marathon's main squeeze is still Bitcoin, with KAS only making up 1% of their energy capacity. KAS tokens have seen a 420% surge since Marathon's mining began, but Bitcoin's not far behind with a 135% increase. Thoughts on this diversification strategy? Let's chat below! 👇

📣Crypto enthusiasts, brace yourselves! A whopping $9.25 billion in Bitcoin options is set to expire on June 28th. 🐻Bears are rubbing their paws with a potential $430 million advantage. Bulls, on the other hand, are sweating, hoping BTC stays above $60,000 to avoid an $820 million loss. The party isn't over yet, but more guests need to join in to keep the music playing. 🎵 So, what's your move? Bullish or bearish? Let's hear it in the comments! 💬 Remember, no guts, no glory! #BitcoinOptions #CryptoMarket

🚀Crypto enthusiasts, buckle up! Spot Ethereum ETFs are set to launch in the US, and analysts predict a massive inflow of capital. Bitwise CIO, Matt Hougan, projects a whopping $15 billion net flow into these ETFs within the first 18 months.💰 His analysis? A comparison of Ether's market cap to Bitcoin's, international crypto ETP market, and Grayscale's Ethereum Trust conversion. He expects investors to allocate to Bitcoin and Ethereum ETFs roughly in line with their market caps.📈 So, what's your take? Will Ethereum ETFs be the next big thing? Let's discuss!👇

🔔 News Flash! The US government just transferred 3,940 Bitcoin to a Coinbase Prime wallet, according to Arkham Intelligence. These Bitcoins were seized from the infamous drug trafficker, Banmeet Singh. 🕵️‍♂️

Singh, once the kingpin of a major narcotics network, had to surrender over 8,100 Bitcoin to the authorities. Talk about a costly bust! 💸

The recent transfer has sparked fears of a government sell-off, especially with Germany also unloading its Bitcoin. But fear not, crypto enthusiasts! Exchange balances are at a 6-year low, providing a counterbalance to these sell-offs. 📉📈

What's your take on this? Will the government's actions impact the Bitcoin market? Share your thoughts below! 👇

🎭 In a plot twist worthy of Game of Thrones, the 2024 US presidential election may see crypto playing a key role. 🗳️ Crypto PACs are gaining influence, and retail crypto owners are a significant voting demographic. However, the Biden administration's stance on crypto has been less than friendly, leaving some crypto advocates in a quandary. Meanwhile, Trump's open embrace of crypto has some pondering a potential alliance. Yet, as we know from Westeros, alliances can be fickle. So, who will sit on the crypto throne? Share your predictions below! 👇

🚀 Bitcoin (BTC) bounced back to $61,000 on June 26, amid rumors of Uncle Sam planning a BTC sale. 🤔 The U.S. government's wallet, still bulging with over 213,500 BTC ($13 billion), sent coins to exchange Coinbase, causing a stir in the market. But don't fret! The market reaction has been relatively calm, with some shorts opening but mostly longs closing out. Meanwhile, Bitcoin ETFs broke their 7-day losing streak, attracting $31 million on June 25. 🎉 So, what do you think? Who's buying if governments are selling? Let's chat in the comments! 💬 #Bitcoin #CryptoNews

🎮 Konami's gone crypto! The Japanese gaming giant is partnering with Avalanche to launch Resella, a new NFT platform. No more external Web3 wallets, folks! You can now transact in Japanese yen. 🇯🇵💱

Bitwise is making ads minty fresh! 🍃 Their latest Ethereum ad can be minted as an NFT. The proceeds? Straight to the actors and Ethereum core contributors.

After a 2-year nap, Marc Cuban's crypto wallet is back in action, selling NFTs like hotcakes. 🥞 This coincides with a security breach of his Gmail account. Coincidence? We think not.

In less thrilling news, NFT sales took a 45% nosedive in Q2 2024. 📉 But hey, every market has its ups and downs, right?

Got thoughts? Spill the tea in the comments! ☕️👇

Tune in next Wednesday for more juicy NFT updates!

🐂 Bitcoin bulls are wrestling bears to keep the price above $56,552, while altcoins are on standby for a recovery. Despite the German Government's Bitcoin sell-off and the Mt. Gox payout, buyers are stepping in at lower levels. 📈 Recent data shows $31 million net inflows into spot Bitcoin ETFs after a $1.3 billion outflow. Will Bitcoin bulls hold their ground? Will altcoins see a recovery? Share your thoughts below! 👇 Meanwhile, Ether, BNB, Solana, XRP, Dogecoin, Toncoin, Cardano, Shiba Inu, and Avalanche are all in a tug-of-war with the bears. Stay tuned for more updates! 🚀

🚀South Korea is gearing up for a crypto revolution! The government has approved the enforcement of the Act on the Protection of Virtual Asset Users (PVAU). This means that from July 19, the Financial Services Commission (FSC) will be on the prowl, ensuring that your virtual assets are safe and sound. 💼

The FSC will also be playing matchmaker, pairing up customers with credible financial institutions to manage their deposits. And the best part? At least 80% of customer virtual assets must be stored in cold wallets.

But wait, there's more! The FSC is also setting up a committee to develop policies on virtual assets. So, if you're a crypto enthusiast in South Korea, things are about to get a whole lot more interesting!

What are your thoughts on these new regulations? Let us know in the comments! 🎉👇

📉 Bitcoin (BTC) has been playing hide and seek with its short-term cost basis, dipping to a six-week low of $58,400 on June 25! 😱 Glassnode suggests this could lead to a deeper correction and a longer recovery period. Meanwhile, Bitcoin ETFs in the US are seeing a slight uptick in inflows, ending a seven-day outflow streak. Fidelity's ETF FBTC is leading the pack with $49 million inflows. 📈 Do you think this is a sign of a market turnaround? Share your thoughts below! #BitcoinTrends #CryptoNews

🎮📈 Gaming and metaverse titan, Animoca Brands, is reportedly eyeing a return to the public market after a 2020 delisting from the Australian Securities Exchange (ASX). This time, it's setting its sights on more crypto-friendly territories, like Hong Kong and the Middle East.

While the company hasn't yet picked a spot or hired an adviser, it's been busy holding meetings with investment banks. Remember, Animoca was delisted from the ASX over concerns about its crypto and blockchain-related investments.

In other news, Animoca recently tokenized a 1708 Stradivarius violin for a loan with Galaxy Digital. The violin, once owned by Catherine the Great, is now a fancy NFT held by Galaxy until the loan is settled.

Despite a valuation rollercoaster ride, from nearly $6 billion in 2022 to below $2 billion in 2023, Animoca remains a key player in the crypto and gaming markets. What's your take on Animoca's plans? Let's chat in the comments! 💬👇

🚀 El Salvador's National Commission of Digital Assets (CNAD) President, Juan Carlos Reyes, hints at a potential crypto collaboration with Argentina after high-level meetings. 🇸🇻🇦🇷 With Argentina's inflation rate at a whopping 250%, Bitcoin seems an attractive alternative. El Salvador, the first country to adopt Bitcoin as legal tender, may be sharing its crypto wisdom with Argentina. Will Argentina follow suit and embrace Bitcoin? Share your thoughts below! 💭👇 #CryptoNews #Bitcoin #ElSalvador #Argentina

📉 Bitstamp is saying "Au Revoir" to Tether's Euro-pegged stablecoin, EURT, in a bid to comply with Europe's MiCA regulations. 😱 The move comes as no surprise as EURT's market cap has been on a downhill ski trip, from a peak of $236M in 2022 to a measly $33M. But don't fret, Bitstamp assures that non-euro stablecoins won't be affected.👌 Meanwhile, Tether's CEO isn't too chuffed about the European regulation. What's your take on this? 🤔 Let's chat in the comments! #Bitstamp #EURT #MiCA #CryptoRegulation

🚀 Bitcoin-backed loans are shaking up the traditional lending scene! 🎉 By using their Bitcoin as collateral, borrowers can access liquidity without selling their digital assets. This innovation is driven by the rise of DeFi platforms like Aave, Compound, and MakerDAO, which use smart contracts to automate the lending process. Bitcoin-backed loans offer a secure way to leverage Bitcoin's value and access fiat or stablecoins. But remember, with great rewards come great risks! 🧐 So, what's your take on this? Would you consider a Bitcoin-backed loan? Let's chat in the comments! 👇

🎏 Yamakoshi, a quaint Japanese village, has gone digital! 🎌 With 1,700 "digital citizens" buying into the village via NFTs, it's a new-age solution to support the aging population. The Nishikigoi NFTs, named after a koi breed, act as a digital ID and governance token for village affairs. Since 2021, the project has raised over $423K, funding community initiatives. While NFTs aren't a magic fix for Japan's low birth rate, they're a creative way to fund rural communities. If successful, this could be a game-changer for rural Japan! 💰🚀 Thoughts? #NFTs #Blockchain #CryptoTrends