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🗞CryptoNews of the Day 🗞

Layer-2 Optimism Rebrands to OP Mainnet:
Optimism, the Layer-2 network that uses Optimistic Rollups to scale Ethereum applications, has changed its name to “OP Mainnet.”

👉Details: https://coinmarketcap.com/alexandria/article/layer-2-optimism-rebrands-to-op-mainnet

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Bitcoin Surges Past $31,000, Hits One-Year High:
Bitcoin's price rose in Friday’s morning U.S. session, reaching a one-year high above $31,000.

👉Details: https://coinmarketcap.com/alexandria/article/bitcoin-surges-past-dollar31000-hits-one-year-high

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MakerDAO Acquires $700 Million Worth of US Treasury:
MakerDAO, the DeFi protocol behind decentralized stablecoin DAI, has completed the acquisition of an additional $700 million worth of US treasuries.

👉Details: https://coinmarketcap.com/alexandria/article/makerdao-acquires-dollar700-million-worth-of-us-treasury

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Bitcoin Breaks $30,000 Amid Institutional Interest
: Bitcoin (BTC) has broken the $30,000 level for the first time since April, surging over 10% in the past 24 hours.

👉Details: https://coinmarketcap.com/alexandria/article/bitcoin-breaks-dollar30000-amid-institutional-interest

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UK Set To Pass Cryptocurrency and Stablecoin Law:
The Financial Services and Markets Bill (FSMB) has entered its final stages in the UK parliamentary process, and it is expected to become law soon.

👉Details: https://coinmarketcap.com/alexandria/article/uk-set-to-pass-cryptocurrency-and-stablecoin-law

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Memecoin BOB Tanks After Elon Musk Calls Twitter Bot Account a Scam:
Memecoin BOB (BOB), which came into popularity following PEPE’s explosive surge, experienced a price decline of up to 45% following the suspension of its popular automated Twitter bot.

👉Details: https://coinmarketcap.com/alexandria/article/memecoin-bob-tanks-after-elon-musk-calls-twitter-bot-account-a-scam

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Last Week on Crypto Twitter: Will the Streak Continue?
: FUD continues to spread — but CT put up a rare display of unity by backing ZachXBT's legal defense. Read more in our CT roundup!

👉Details: https://coinmarketcap.com/alexandria/article/last-week-on-crypto-twitter-will-the-streak-continue

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How To Use the Awesome Oscillator in Crypto Trading? Spot Potential Reversals in Trend:
The awesome oscillator compares recent market movements to historic data and shows the outcome in a histogram to predict momentum and trend reversals. Learn more about this trading indicator!

👉Details: https://coinmarketcap.com/alexandria/article/how-to-use-the-awesome-oscillator-in-crypto-trading

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Documents Reveal Details of Stablecoin Tether’s Previous Backing:
Documents released by the New York Attorney General reveal that Tether Holdings Ltd., the issuer of the largest stablecoin USDT, once held securities.

👉Details: https://coinmarketcap.com/alexandria/article/documents-reveal-details-of-stablecoin-tether's-previous-backing

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Bitcoin-Friendly Miami Mayor Announces Bid for U.S. President:
Miami Mayor Francis Suarez, known for his embrace of Bitcoin and efforts to position Miami as a crypto-friendly city, has entered the race for the Republican nomination for President.

👉Details: https://coinmarketcap.com/alexandria/article/bitcoin-friendly-miami-mayor-announces-bid-for-u.s.-president

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Apple Rejects Another Bitcoin App
: Apple has rejected the latest version of Zeus, a non-custodial Lightning-enabled Bitcoin wallet.

👉Details: https://coinmarketcap.com/alexandria/article/apple-rejects-another-bitcoin-app

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CMC Lisbon: State of Crypto in Portugal: From beaches to blockchain -
Portugal is quickly becoming a crypto haven. Here is why CMC's upcoming conference chose this vibrant country as its host!

👉Details: https://coinmarketcap.com/alexandria/article/cmc-conference-in-portugal-state-of-crypto

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Week in DeFi: StETH Now Supported for CrvUSD, Arbitrum Pauses and an Optimism Upgrade:
Arbitrum halts as Optimism upgrades — check out the biggest DeFi news in our comprehensive weekly roundup.

👉Details: https://coinmarketcap.com/alexandria/article/week-in-defi-steth-now-supported-for-crvusd-arbitrum-pauses-and-an-optimism-upgrade

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Report: North Korean Hackers Have Stolen $3 Billion Worth of Crypto
: Over the past five years, hackers backed by North Korea have successfully stolen approximately $3 billion in cryptocurrency.

👉Details: https://coinmarketcap.com/alexandria/article/report:-north-korean-hackers-have-stolen-dollar3-billion-worth-of-crypto

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European Consumer Protection Group Targets Social Media Advertising by Crypto Influencers
: European consumer group BEUC has lodged a complaint with the European Commission and consumer authorities against social media platforms

👉Details: https://coinmarketcap.com/alexandria/article/european-consumer-protection-group-targets-social-media-advertising-by-crypto-influencers

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Coinbase Wins Supreme Court Ruling in Arbitration Lawsuit
: On Friday, 23 June, the U.S. Supreme Court endorsed cryptocurrency exchange Coinbase's request to postpone customer lawsuits while it pursues appeals to have the issues arbitrated privately.

👉Details: https://coinmarketcap.com/alexandria/article/coinbase-wins-supreme-court-ruling-in-arbitration-lawsuit

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FTX Bankruptcy Fees Surpassed $200 Million:
According to a court-appointed examiner, the closure of the cryptocurrency exchange FTX will be "very expensive by any measure."

👉Details: https://coinmarketcap.com/alexandria/article/ftx-bankruptcy-fees-surpassed-dollar200-million

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Fed Powell Sees “Stablecoins as Money”
: Federal Reserve Chair Jerome Powell has said that payment stablecoins in the US are a form of money and that the central bank should play a robust role in their regulation.

👉Details: https://coinmarketcap.com/alexandria/article/fed-powell-sees-%22stablecoins-as-money%22

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What Is the Kelly Bet Size Criterion and How To Use It in Crypto Trading?:
We take a look into the Kelly criterion, created by John L. Kelly, which is a mathematical formula used by both gamblers and investors to determine the best position size.

👉Details: https://coinmarketcap.com/alexandria/article/what-is-the-kelly-bet-size-criterion-and-how-to-use-it-in-crypto-trading

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BNB Chain Launches Layer-2 Chain Based on OP Stack:
BNB Chain has launched the opBNB testnet, an Ethereum Virtual Machine (EVM)-compatible blockchain based on Optimism's OP Stack.

👉Details: https://coinmarketcap.com/alexandria/article/bnb-chain-launches-layer-2-chain-based-on-op-stack

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What Is Open Interest in Crypto Trading?
: CoinMarketCap Alexandria dives into open interest, a popular technical analysis tool that helps traders understand the number of open positions on a certain derivative contract.

👉Details: https://coinmarketcap.com/alexandria/article/what-is-open-interest-in-crypto-trading

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Week in DeFi: EigenLayer Mainnet Launch, Uniswap V4 and Polygon 2.0
: Major announcements from EigenLayer, Uniswap, Polygon, Frax Finance and more — while a few protocol suffered exploits. Check out the latest DeFi news and alpha here!

👉Details: https://coinmarketcap.com/alexandria/article/week-in-defi-eigenlayer-mainnet-launch-uniswap-v4-and-polygon-2.0

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Crypto Payments Firm Wyre to Close Operations:
San Francisco-based crypto payments firm Wyre has announced its decision to wind down operations in order to protect the interests of its users and stakeholders.

👉Details: https://coinmarketcap.com/alexandria/article/crypto-payments-firm-wyre-to-close-operations

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How To Create Dynamic NFTs (dNFTs)?:
Learn how to create Dynamic NFTs (dNFTs), an extension of an NFT that lets you infuse life and energy into your digital art.

👉Details: https://coinmarketcap.com/alexandria/article/how-to-create-dynamic-nfts-dnfts

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Former FTX CEO Sam Bankman-Fried Granted Ability To Contest Charges:
Sam Bankman-Fried, the founder of FTX, has been granted the ability to contest additional charges in the United States after a judgment from the Bahamas Supreme Court.

👉Details: https://coinmarketcap.com/alexandria/article/former-ftx-ceo-sam-bankman-fried-granted-ability-to-contest-charges

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Protecting Our Community: How To Report Scammers and CMC Impersonators:
CoinMarketCap is committed to protecting our community — report scammers and CMC impersonators to us.

👉Details: https://coinmarketcap.com/alexandria/article/protecting-our-community-how-to-report-scammers-and-cmc-impersonators

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Last Week on Crypto Twitter: Still Home, But Getting Evicted
: Rough week for crypto — take a look at what CT's thoughts are on the latest regulatory crackdowns.

👉Details: https://coinmarketcap.com/alexandria/article/last-week-on-crypto-twitter-still-home-but-getting-evicted

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How To Track Smart Money in the Crypto Space:
Navigate the complex crypto universe by learning how to follow the trail of smart money and make informed decisions!

👉Details: https://coinmarketcap.com/alexandria/article/how-to-track-smart-money-in-the-crypto-space

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Overview of Crypto Wallet Trackers:
Discover some of the most popular crypto wallet trackers, their key features, pros, and cons for tracking whales and managing your holdings across various blockchains.

👉Details: https://coinmarketcap.com/alexandria/article/overview-of-crypto-wallet-trackers

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Major Australian Bank to Block Some Payments to Crypto Exchanges:
The Commonwealth Bank of Australia (CBA) has announced that it will limit payments to some cryptocurrency exchanges that are considered high-risk by the bank.

👉Details: https://coinmarketcap.com/alexandria/article/major-australian-bank-to-block-some-payments-to-crypto-exchanges

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