According to Whale Alert monitoring, at 14:15 Beijing time, there was a single transaction on the Ethereum blockchain with a transaction fee of 33.77 ETH (worth about $126,700). The on-chain labels of the two parties involved in the transaction were "jaredfromsubway.eth" and "jaredfromsubway: MEV Bot", and a complex set of operations was executed in this transaction.
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Lookonchain monitoring shows that in the past five hours, a whale spent 17,966 SOL (approximately 2.98 million US dollars) at an average price of 3.13 US dollars to buy 953,177 WIF, causing the price of WIF to rise by about 7%.
The whale previously spent 1 million USDC on May 21 to buy 355,417 WIF at a price of 2.81 US dollars, and then sold 1.09 million USDC at an average price of 3.07 US dollars on May 22, earning 90,000 US dollars.
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NFT data platform shows that the sales of NFT in May was 624 million US dollars, a decrease of 54% compared to April (1 billion US dollars).
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Jack Kong, founder of Nano Labs, director of Hong Kong Cyberport Management Company Limited, and member of the third-generation Internet development team in Hong Kong, stated in a post on X platform that major exchanges have withdrawn their VASP (Virtual Asset Trading Platform) license applications from Hong Kong. This will not have a significant impact on these exchanges, but it is not good for the development of Web3 in Hong Kong. The US Securities and Exchange Commission has already followed the trend, and Hong Kong regulatory agencies must keep up. Otherwise, the difficulty of developing Web3 in Hong Kong will greatly increase. Of course, we still firmly believe in Hong Kong and will continue to express policies that are beneficial to Hong Kong's development.
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L2BEAT data shows that the Scroll TVL of ZK Rollup L2 network has exceeded 600 million US dollars, currently at 606.71 million US dollars, continuing to hit a historical high, with a 7-day increase of 40.9%.
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Decentralized gaming platform The Sandbox announced the launch of The Sandbox DAO. The DAO is planned to be implemented in three phases, allowing The Sandbox (SAND) holders and virtual LAND holders to vote on the project and propose improvement suggestions through Sandbox Improvement Proposals (SIPs). The first phase will begin on May 28th, and the community will be able to vote on SIPs; however, The Sandbox staff will still manage some operations. The second phase of the DAO implementation is considered its "exploration" phase, and it is expected that Sandbox DAO will be able to be self-sufficient and separate from its parent company. By the third phase, the DAO is expected to be fully operational and governed by the community.
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Kuleen Nimkar, the head of DePIN at the Solana Foundation, stated that Solana plans to release a "slimmed-down version" of the Firedancer upgrade before launching the full version in 2025. This upgrade aims to enhance Solana's overall reliability and scalability as the network activity of the decentralized infrastructure protocol (DePIN) continues to grow.
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Odaily Planet Daily News Lookonchain monitoring data on June 7th showed that: 1. BlackRock increased its holdings of 4,896 bitcoins, worth approximately US$347.61 million; 2. BlackRock currently holds a total of 302,540 bitcoins, worth approximately US$21.48 billion; 3. Ark 21Shares increased its holdings of 1,364 bitcoins, worth approximately US$96.84 million, and currently holds a total of 48,939 bitcoins, worth approximately US$3.47 billion; 4. Nine bitcoin ETFs increased their holdings by a total of 3,689 bitcoins, worth approximately US$261.9 million.
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According to official updates from BlackRock, the market value of IBIT reached 21,067,759,496.74 US dollars as of June 7th, and the holding amount reached 304,976.7378 BTC, an increase of 2,436.7449 BTC from the previous trading day.
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On June 12th, according to official sources, Sui Bridge has launched an incentive plan and has gone live on the test network today.
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FLock.io has launched its network application train.flock.io for its AI training platform. By integrating private data and on-chain rewards, FLock ensures fair incentives and promotes open collaboration. It meets the needs of Web3 and Web2 projects for customized AI models, while protecting data privacy by training models without exposing source data.It is reported that this beta test brings Web3 closer to providing traceable contributions and on-chain incentives for data owners, model developers, and computing providers, creating specialized models for different communities.
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According to CoinDesk, "Notcoin's delayed entry event caused a big shake-up in the Bybit management team." The Bybit cryptocurrency exchange confirmed the report, stating that several executives have been "reassigned" after the failed issuance of Notcoin (NOT) resulted in 3.2 million users receiving $23 million in compensation. A Bybit spokesperson said, "We are aware of recent news regarding changes in our management team. Bybit regularly updates its organizational structure to align with our strategic goals. We are committed to placing the right people in the right positions with our team." The spokesperson added, "We prioritize customer interests and have conducted a thorough internal review to enhance future customer experiences. This improvement has led to changes in some leadership roles, which we believe are essential." On May 16th, users experienced delays when depositing newly issued Notcoin into Bybit, causing them to be unable to immediately sell their assets and resulting in losses. The exchange received 370,000 on-chain transactions, with 70% of deposits credited before market opening.
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SSV Network announced on social media that the last round of incentive activities has ended, and more than 22,332 validators are eligible to receive a total of 12,936 SSV, equivalent to about $BTC #BinancePizzaDay

On-chain data shows that about 50 minutes ago, Ethereum co-founder Vitalik Buterin proposed the first block as a block proposer on the Taiko mainnet, and in the attached note to the block, he stated: "I am glad to see Taiko launch as a Based Rollup platform. Ethereum benefits from adopting various L2s using different methods, and I appreciate that Taiko is one of the first projects to develop in this direction."
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Deutsche Telekom, the German-based telecommunication provider that ranks as the largest in Europe, will soon mine Bitcoin, according to remarks made by the head of Web3 infrastructure and solutions at Deutsche Telekom-owned subsidiary T-Systems MMS at the BTC Prague conference on Friday.
"Since 2023 we [have been] running a Bitcoin node and we are running Bitcoin Lightning nodes as well," said Dirk Röder, wearing a shirt featuring a pink Bitcoin graphic styled after Deutsche Telekom's logo. "And with a heart full of [...] pride, I would like to let you in on a little secret: we will engage in 'digital monetary photosynthesis' soon."
After Bitcoin influencer Joe Nakamoto pressed Röder for clarification, asking "So is T-Mobile mining Bitcoin?", Röder clarified, "We will."
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Deutsche Telekom's crypto activities aren't limited to Bitcoin. Following similar node operation and investment partnerships with blockchains Polkadot, Flow, and Celo, the company announced in 2022 its support for Ethereum through running validator nodes and cooperating with liquid staking protocol StakeWise, joining its governance DAO. In addition to operating nodes on the Polkadot and Celo networks, the company has also made direct investments those protocols' tokens.
Other partnerships between Deutsche Telekom and blockchain companies include running a validation node for Polygon and supporting the Q and Chainlink blockchain networks.
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© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Former President Donald Trump will celebrate his 78th birthday. On Thursday, the team behind the Ethereum token MAGAA announced that they will send 10 million tokens to his ERC-20 wallet, worth approximately $15.3 million in cryptocurrency assets.
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According to data released by HODL15Capital, the first Bitcoin ETF on the Australian Securities Exchange, VBTC, received a capital inflow of $1 million.
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ZK Nation announced on X platform that it plans to open registration for ZKsync delegation representatives next week. Delegation representatives can be registered as token holders by delegating their voting rights to them. Representatives participate in the ZKsync governance process, and token holders can also choose to become their own representatives and vote directly. The representative's speaking rights are proportional to the delegated token amount, with 1 token = 1 vote. In the upcoming claiming process, token holders can find registered delegation representatives. Token holders can also browse the personal profiles of registered delegation representatives in the ZKsync governance portal and delegate to those who align with their values and interests.
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Cathie Wood, CEO of investment firm Ark Invest, said that she plans to vote for former US President and Republican nominee Donald Trump in the upcoming presidential election. Wood stated that when it comes to economic issues, she is a voter, and based on this, she chose Trump. The Trump administration had the "best three years in US economic history" before the outbreak of the COVID-19 pandemic.
Wood, a longtime supporter of cryptocurrency, has been the CEO of Ark Invest, while Trump has recently expressed strong support for the cryptocurrency industry.
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Salvadoran President Nayib Bukele proposed the establishment of a private investment bank in the country. If approved, Bitcoin investors will have access to financial services with fewer restrictions compared to traditional banks. Milena Mayorga, the Salvadoran ambassador to the United States, wrote in an article on June 14th, "As part of the Salvadoran economic plan, we propose the establishment of a private investment bank (BPI), which can provide potential investors with diversified financing options in U.S. dollars and Bitcoin." Max Keiser, Bukele's senior Bitcoin advisor, added on the same day, "President Bukele has launched new legislation to establish a Bitcoin bank during his new term." Cathie Wood, CEO of Ark Invest, predicts that Salvador's real GDP "could increase tenfold in the next five years," and implementing the above policy will make this goal "more achievable."
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