💎 Notcoin airdrop is bigger than ZkSync and LayerZero combined.

In the first 6 months after its public launch, Notcoin attracted more people to Web3 than any other project.

Without raising any funds, $NOT has been listed on Binance and reached a market cap of over $2.5 billion in just two weeks.

The $NOT airdrop distributed tokens to 11.5 million people with no locks or vesting. At the all-time high price, this equates to approximately $250 per user, for a total of $2.7 billion. Over 90% of the supply was distributed to the community for in-game mining, through launch pools and trading activities.

Notcoin had no investors, did not charge users in the game, and the airdrop was also free.
Anyone was able to earn it during the mining phase. What started as "probably nothing" became a community phenomenon.

Users claimed tokens:
• Notcoin: 11.5M
• ZKsync: 695K
• LayerZero: 1.28M

Total Airdrop value (ATH):
• Notcoin: $2,5B
• ZKsync: $954M
• LayerZero: $323M

The market is not the best today, but the key question is: which community do people choose to be a part of in the long run.

💎💎💎

#Babylon Protocol has announced a new testnet phase

The Babylon bitcoin (BTC) steaking protocol has moved to a new testnet phase. The developers are now working on a feature that automatically adjusts the fee

According to a report from the Babylon team, feedback from the community played a significant role in the development of some elements.

Babylon launches new phase of testnet

Babylon, an innovative bitcoin startup that enables BTC steaking, announced the launch of a new phase of the BTC Staking Testnet-4 - Cap 3. It will begin today, June 19, and will be time-limited. Assets will be able to be staked for 120 hours, or five days.

Babylon aims to combine the security and decentralized nature of bitcoin with the flexible smart contracts used in Proof-of-Stake (PoS)-based networks. Earlier this month, the project raised $70 million in investment, indicating growing investor confidence.

"The main goal of testnet is to test and secure bitcoin steaking by testing user interactions with the Signet BTC test network. No separate PoS network will be involved. Bitcoin steaking will be evaluated by cryptocurrency holders, validator teams, wallet providers, and liquid (re)steaking protocols," reads an excerpt from Babylon's official blog.

On the eve of the launch of the new testnet phase, the developers also revealed details of the new commission adjustment feature. The feature has been added to Babylon's decentralized steaking application (dApp). Users will be able to customize the amount of transaction fees.

Cap 3 will deploy when Signet BTC reaches block height #200,665. The ability to block assets in steaking will end on June 24 at 9:00 UTC. At that time, the block height will reach #201,385.

Participants of the new testnet stage will be able to exit the staking and withdraw their funds at any time.
$BTC $SOL $NOT

ZK token started trading at $0.25

The native token of L2 network ZKsync (ZK) has flooded a number of major crypto exchanges including Binance, Bybit and Gate.io and KuCoin. At the time of writing, the coin is trading at around $0.25.

According to CoinGecko, ZK's market capitalization has surpassed $910 million with an FDV of about $5.2 billion.

About six hours after the launch, the coin's trading volume reached $470 million.

The total issue of the project will amount to 21 billion ZK, but so far only 3.675 billion coins are in circulation. Most of it was distributed during airdrop for the community, which allocated 17.5% of the tokens.

The rest of ZK will be unlocked over time through the ZKsync Foundation's ecosystem initiatives and through the ZK Nation governance model. Investors will receive 17.2% and the Matter Labs development team will receive 16.1%.

The ZK Airdrop drew mostly negative reactions from online participants, as only 13% of wallets were allowed to participate in the giveaway. At the same time, the majority turned out to be "sybils".

Traditionally, the distribution of coins was accompanied by an invasion of scammers. According to Blockaid analysts, the number of malicious decentralized applications increased "five times" after the launch of the airdrop checker.

Typically, criminals created fake accounts on X and spread phishing or other scamware in comments under official posts by the ZKsync team.
$ZK

B Kucoin figured out why users switched to meme tokens

According to a June study by crypto exchange Kucoin, crypto market participants are increasingly turning their attention to memcoins, including those dedicated to celebrities. This trend is due to investor frustration with projects that have a high fully diluted value (FDV) and low initial market capitalization.

Meanwhile, Tap-to-Earn Projects have "significantly higher overall participation data" due to lower barriers to participation.

Diluted value is the total value of a cryptocurrency project assuming all of its tokens, including blockchain tokens, are in circulation. A high level of this metric potentially indicates a decline in token value, especially if blocked tokens come into circulation.

To illustrate the change in investor behavior, the Kucoin paper shows the dynamics of Notcoin launched with 100% of tokens in circulation.

From the beginning, Notcoin was launched with 100% of tokens in circulation. After a while, by the end of May, the price and trading volume of $NOT increased significantly. This fact increased the overall market attention to Tap To Earn and Minigame products in general," the researchers wrote.

In addition, Tap To Earn projects are claimed to have "significantly higher overall participation data" due to lowered barriers to participation compared to other gamefi or "move to earn" projects.

The claimed high-performance and scalable architecture of the $TON technology provides robust support for Notcoin, ensuring a smooth gaming experience. Moreover, Notcoin's integration with Telegram significantly reduces customer acquisition costs and rapidly expands the user community.

Ripple has again tried to challenge the SEC fine and reduce the amount to $10 million.

The company filed a new petition after the regulator settled the dispute with Terraform Labs Do Kwon for $4.5 billion. Ripple believes that its civil penalty of $10 billion is overstated.

SEC officials called Ripple's proposed compensation insufficient and clarified that Terraform Labs has a smaller fine because it is bankrupt.
$XRP $BTC $BNB

Binance will distribute 10.5 million $ZK to 52,500 users

On June 17, cryptocurrency exchange Binance opened spot trading of the native L2 network token ZKsync (ZK) and launched a coin distribution program.

ZK trades are available in pairs with bitcoin, USDT, $FDUSD and Turkish lira. The asset withdrawal will open on June 18.

According to the announcement, amid "community concerns about coin distribution," Binance is offering 10.5 million ZK tokens to 52,500 users who meet the necessary criteria:

-- the wallet has initiated at least 50 transactions in the #ZkSync Era between February 2023 and March 2024;
-- initiated transactions within seven different months (February 2023 through March 2024);
-- the address did not receive an official airdrop from #zkSync.
-- the wallet is not associated with a smart contract, CEX or crosschain bridge address.

Eligible users must deposit a minimum of 0.02 ETH on Binance from a whitelisted wallet in the #zkSync. Era network.

The exchange will also distribute 200 ZK to each verified Binance user with a UID who makes the minimum deposit. The first token distribution will begin on June 25.

"ZK is a relatively new token that presents a higher-than-normal risk and is likely to be subject to high price volatility. Users should perform sufficient risk management and conduct their own research to fully understand the project before trading," Binance summarized.

Earlier, the ZKsync community complained about the failed airdrop, as only 13% of wallets were allowed to access it. At the same time, many of the addresses turned out to be "sybils".

Recall, the developers plan to distribute 3.6 billion $ZK among the early participants of the network. Claym will be available from June 24.

🔞 Who is the Father of $BTC

Many people believe that Bitcoin appeared suddenly and was created by a single person named #Satoshi #Nakamoto.

However, in reality, Bitcoin is the result of the efforts of dozens or even hundreds of people over 40 years.

$BTC $ETH

🤩Europe's largest telecommunications company Deutsche Telekom plans to engage in #BitcoinMining

Europe's largest telecommunications company, Deutsche Telekom, plans to start mining bitcoins in the near future. This was stated by Dirk Raeder, head of the subsidiary #T-Systems #Mms .

According to Roeder, the company has been a validator of the Bitcoin and Lightning Network networks since 2023. And now she plans to do “digital money photosynthesis.”

Paolo Ardoino: $USDT Stablecoins increase demand for the U.S. dollar"

The CEO of US-based Tether has sought to explain the role the company's $USDT steblecoins play in increasing international demand for US dollars.

Paolo Ardoino posted a tweet calling $USDT an important financial instrument for people in developing countries with unstable economies and lack of banking services. $USDT has become a stable alternative to the dollar that helps people and businesses maintain purchasing power in the face of rampant inflation and devaluation of local government currencies. In addition, steblecoins can be used without involving traditional financial infrastructure that often "throws people without a bank account overboard," the CEO reasoned.

The use of USDT steblecoins is having a worldwide impact, the businessman believes. As Ardoino put it, Tether's presence in the market as a major buyer of U.S. Treasury bills underscores the company's growing influence. It reinforces the relationship between digital assets and traditional finance, supporting demand for U.S. Treasuries.

"Stablecoins pegged to the dollar are shaping demand for U.S. government debt. More than 300 million people around the world use USDT as a digital dollar, and it's like a lifeline for poor countries. By providing dollar stability in emerging markets with USDT, Tether is one of the top three global buyers of short-term U.S. Treasury bills," Ardoino wrote on social media X.

Tether's CEO recently expressed fears that the European Union's Cryptocurrency Regulation Act (MiCA) would make it more difficult for issuers to operate and make stablecoins extremely vulnerable to regulators. Last week, Paolo Ardoino called bitcoin the only decentralized cryptocurrency "that is governed only by mathematics, and this process cannot be changed."
$BTC $ETH $BNB #bitcoin

Donald Trump vows to end 'Joe Biden's war on cryptocurrencies'

US presidential candidate Donald Trump has reiterated his intention to take a more favorable stance on cryptocurrencies compared to the current Biden administration.

"I'm going to end Joe Biden's war on cryptocurrencies, and we're going to ensure that the future of cryptocurrencies and the future of bitcoin is secured in America, we're going to support them right here - a lot of that is going to be done right here in Florida," Trump said during a special address in West Palm Beach, Florida. The event took place on June 14, his 78th birthday.

This isn't the first time Trump has criticized Biden for his tough stance on cryptocurrencies recently. On May 26, he took a swipe at Biden, arguing that the U.S. should play a primary role in the cryptocurrency industry.

"On the other hand - crook Joe Biden, the worst president in the history of our country, wants it to die a slow and painful death. That will never happen under me," he wrote at the time to Truth Social, a social media platform owned by Trump Media and Technology Group.

Trump is opposing Biden in the 2024 presidential race, with U.S. Election Day set for Nov. 5.

His promise to make Florida a central hub for cryptocurrencies comes after Florida was ranked as the best state in terms of taxes on cryptocurrencies in the United States, according to CoinLedger.

Due to its lack of income tax and cryptocurrency-friendly regulatory policies, which include a pilot program that gives businesses the ability to pay state fees with cryptocurrencies, Florida was the best state for cryptocurrency taxes. New York State was named the worst.

On June 12, Trump expressed support for the bitcoin mining industry, saying he wants all remaining bitcoins to be mined in the United States.
$BTC $BNB $ETH

🤑 Major Bitcoin Miners Report Last Month's Results:

1️⃣ Marathon Digital Holdings mined 616 $BTC which is 51% less than the same period last year. Currently, Marathon is holding 17,857 $BTC

2️⃣ Riot Platforms mined 215 #BTC☀ 43% lower than in April. The company holds 9,084 #BTC☀ , and its hashrate is estimated at 14.7 EH/s.

3️⃣ HIVE Blockchain produced 119 BTC in May (3.8 #BTC☀ per day), compared to 212 $BTC in the previous period. By the end of the month, the company was holding 2,451 #BTC☀

4️⃣ Bitfarms mined 156 #BTC☀ in May, compared to 269 #BTC in April, a decrease of 42%. By the end of the month, their hashrate was 7.5 EH/s, and the company held 850 BTC.

5️⃣ Argo Blockchain generated 45 BTC in May, a 55% decrease from April.

🪬 Crypto Mason

An unknown trader earned $266,600 on the $DADDY #meme_coin increasing his deposit 385 times in three days. This was brought to the attention of Lookonchain analysts.

The user purchased 3.71 million $DADDY for 4.5 $SOL (about $728). Three days later, he sold all the #meme_coin for 1,736.1 $SOL ($267,400).

Speculators bet $200,000 on the launch of an #ETF on Solana

Speculation surrounding the possible launch of an #ETF on Solana is gaining momentum, with decentralized prediction platform Polymarket registering bets of more than $200,000.

Speculators are betting big on Solana
This week, U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler made it clear that trading of spot #ETFs on Ethereum will begin by the end of summer. The SEC chief's statement triggered a wave of speculation regarding the potential for an #ETF on Solana.

Despite this optimism, bets on Polymarket regarding the approval of an #ETF on SOL are holding steady at 7%. The discussion about the possibility of launching an #ETF on Solana comes amid a changing regulatory environment and growing bipartisan support for cryptocurrencies.

For example, Republican presidential candidate Donald Trump has positioned himself as a strong supporter of cryptocurrencies, criticizing Democrats' efforts to regulate the industry. Ryan Selkis, CEO of Messari, noted Trump's support, but pointed out that he did not provide specific policy details.

"I didn't expect to share this, but tonight at Mar-a-Lago, President Trump spoke very highly of the crypto industry," Selkis wrote.

The recent passage of the #FIT21 Financial Innovation and Technology Act by the House of Representatives, which received significant support from Democrats, also reflects a potential policy shift. However, with $ETH #ETFs still awaiting final approval, the #crypto community remains cautious. The industry's focus is on navigating the regulatory environment and ensuring that new policies support innovation rather than hinder it.