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TikTok mātesuzņēmuma ByteDance tehnoloģiju nodaļa BytePlus iesaistās Web3, sadarbojoties ar stratēģisku partnerību ar Mysten Labs, Sui layer-1 blokķēdes radītājiem. Sadarbība izmantos BytePlus AI un datu noliktavas zināšanas, lai stiprinātu Sui ekosistēmu, koncentrējoties uz Web3 spēlēm un SocialFi projektiem. BytePlus risinājumi, tostarp mākoņdatošanas datu noliktava ByteHouse, tiks integrēti ar Sui pilna mezgla datiem, potenciāli uzlabojot Sui analītikas iespējas. Šī partnerība varētu mainīt datu analīzi Web3 telpā, uzskata Mysten Labs izpilddirektors.

TikTok mātesuzņēmuma ByteDance tehnoloģiju nodaļa BytePlus iesaistās Web3, sadarbojoties ar stratēģisku partnerību ar Mysten Labs, Sui layer-1 blokķēdes radītājiem. Sadarbība izmantos BytePlus AI un datu noliktavas zināšanas, lai stiprinātu Sui ekosistēmu, koncentrējoties uz Web3 spēlēm un SocialFi projektiem. BytePlus risinājumi, tostarp mākoņdatošanas datu noliktava ByteHouse, tiks integrēti ar Sui pilna mezgla datiem, potenciāli uzlabojot Sui analītikas iespējas. Šī partnerība varētu mainīt datu analīzi Web3 telpā, uzskata Mysten Labs izpilddirektors.

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Despite skepticism from the crypto community about the approval of Ether exchange-traded funds (ETF) by the US Securities and Exchange Commission (SEC), some analysts believe there could be a surprise approval. Crypto trader Matthew Hyland suggests that the expectation of denial is already factored into the market. Bloomberg ETF analyst Eric Balchunas gives a 35% chance of approval, while the broader crypto community estimates a 7% chance. David Han from Coinbase, however, believes the odds are closer to 30-40%. He suggests that as crypto becomes a key election issue, the SEC may be less likely to deny the ETFs.
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John Louis Anthony Bigatton, an Australian man and national promoter for the now-defunct crypto exchange Bitconnect, has pleaded guilty to promoting crypto lending services without holding an Australian Financial Services license. Bitconnect, accused of defrauding victims of over $2.4 billion, allegedly operated as a Ponzi scheme, promising high returns to investors who couldn't withdraw their money until the lending period ended. The platform shut down in 2018, with founders disappearing with investors' funds. A sentencing hearing for Bigatton is scheduled for July 5.
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US Senate passes Congressional Review Act to review SEC's controversial crypto policy, SAB 121, with a bipartisan vote of 60 to 38. Despite President Biden's previous threat to veto any resolution to overturn the SEC policy, the strong support for the bill, including from Senate majority leader Chuck Schumer, may force a rethink in the White House. The American Bankers Association has also urged Biden to sign the resolution into law. Biden now faces a complex decision, with the possibility of a 'pocket veto' if Congress is not in session. The SEC could also choose to revoke SAB 121, avoiding a potential veto showdown.
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Crypto personality Thomas John Sfraga has admitted to wire fraud, conning victims into investing in fake crypto ventures. The U.S. Department of Justice (DOJ) revealed that Sfraga promised investors up to 60% returns in three months. However, he was running a Ponzi scheme, using new investments to pay previous investors. The DOJ stated that Sfraga used the funds for personal expenses and to pay earlier victims and associates. His victims, some of whom were friends and neighbors, lost over $1.3 million. This comes amid increased crackdowns on crypto fraud.
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Crypto exchange Bybit is facing backlash after a botched initial listing of Notcoin (NOT), a play-to-earn game token. Users who didn't receive their airdrop before the market opened were left at a disadvantage, as the trading price was significantly lower than on other exchanges. Bybit CEO Ben Zhou has promised a compensation plan for the 320,000 affected users. Meanwhile, despite the hype, Hong Kong's crypto ETFs are underperforming compared to their U.S. counterparts. However, a KPMG survey reveals 92% of Hong Kong respondents are interested in digital assets. Lastly, Chinese online gaming company Boyaa Interactive expects a 1,125% profit increase in Q1 2024 due to its Bitcoin and Ethereum investments.
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