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🗞 CryptoNews of the Day 🗞

AIOZ Network Is the First DePIN Company on Nvidia Accelerated Applications Catalog: AIOZ Network, a leading decentralized infrastructure provider, has achieved a significant milestone by becoming the first DePIN (Decentralized Peer-to-Peer Infrastructure Network) company.


👉Details: https://coinmarketcap.com/academy/article/aioz-network-is-the-first-depin-company-on-nvidia-accelerated-applications-catalog

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🗞 CryptoNews of the Day 🗞

BlackRock, Bitwise and Grayscale Submit Updated 19b-4 ETF Filings to the SEC: BlackRock, Grayscale, and Bitwise have updated their 19b-4 filings for spot Ethereum (ETH) exchange-traded fund (ETF) applications, removing provisions related to staking.


👉Details: https://coinmarketcap.com/academy/article/blackrock-bitwise-and-grayscale-submit-updated-19b-4-etf-filings-to-the-sec

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🎙️ CMC Live: 5 Hottest Killer Whales Picks 🔥

Set Reminder & Tune in: https://coinmarketcap.com/community/post/336508642

The heat is on as we return with another round of the 5 hottest projects pitching to the Whales this week! 👇

@omniaverse
@Steam_Exchange
@LayerOneX
@sleap_io
@PlayFiStudios

Exclusively on #CMCLive!

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CoinMarketCap Announcements

🗞 CryptoNews of the Day 🗞

SEC-Licensed Prometheum Launches Custody Service Treating ETH as a Security: Prometheum, a digital asset trading and custody firm, has reportedly initiated a soft launch of its Ethereum (ETH) custody service.


👉Details: https://coinmarketcap.com/academy/article/sec-licensed-prometheum-launches-custody-service-treating-eth-as-a-security

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🗞 CryptoNews of the Day 🗞

Bitcoin Gains 6.6%, Breaks Above $70,000 Level as Spot Buying, ETF Inflows Drive Momentum: Bitcoin (BTC) has made a strong rally, surging past the coveted $70,000 mark and touching $71,785.


👉Details: https://coinmarketcap.com/academy/article/bitcoin-gains-66percent-breaks-above-dollar70000-level-as-spot-buying-etf-inflows-drive-momentum

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🌌 Join CMC Labs incutabee Galaxis's Creator Grant Program
Receive monthly rewards based on the your members' card membership tiers!

👉 Basic Tier: No additional rewards
👉 Full Tier: $1 per member per month
👉 VIP Tier: $10 per member per month

🔗 Read more here:
https://galaxis.xyz/news/elevate-your-community-galaxis-grants-program-1000000-allocated

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🗞 CryptoNews of the Day 🗞

Ethereum Price Surges Above $3K Mark Amidst Unforeseen Court Ruling: Ethereum (ETH), the second-largest cryptocurrency by market capitalization, experienced a notable price rally over the past 7 days.


👉Details: https://coinmarketcap.com/academy/article/ethereum-price-surges-above-dollar3k-mark-amidst-unforeseen-court-ruling

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🗞 CryptoNews of the Day 🗞

Solana Wallet Phantom Surges to Third Place on Apple App Store’s Utility Category: Phantom Wallet, a popular cryptocurrency wallet, has recently climbed to the third position in the utility category on the Apple App Store.


👉Details: https://coinmarketcap.com/academy/article/solana-wallet-phantom-surges-to-third-place-on-apple-app-stores-utility-category

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🗞 CryptoNews of the Day 🗞

Over 600 Financial Institutions Reveal Billions Invested in US Spot Bitcoin ETFs: More than 600 firms have unveiled substantial investments in spot Bitcoin exchange-traded funds (ETFs) in their 13F filings.


👉Details: https://coinmarketcap.com/academy/article/over-600-financial-institutions-reveal-billions-invested-in-us-spot-bitcoin-etfs

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🗞 CryptoNews of the Day 🗞

Popular Solana Memecoin Launcher Pump.fun Suffers $2M Flash Loan Exploit: Pump.fun, a platform built on the Solana blockchain for streamlined token launches, has fallen victim to an apparent exploit resulting in significant losses.


👉Details: https://coinmarketcap.com/academy/article/popular-solana-memecoin-launcher-pumpfun-suffers-dollar2m-flash-loan-exploit

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🗞 CryptoNews of the Day 🗞

Bitcoin Derivatives Traders Sees Short-Term Correction in BTC Despite Softer Inflation: CF Benchmarks' analysis of options on Bitcoin (BTC) futures traded on the Chicago Mercantile Exchange (CME) reveals that investors are still willing to pay a premium.


👉Details: https://coinmarketcap.com/academy/article/bitcoin-derivatives-traders-sees-short-term-correction-in-btc-despite-softer-inflation

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🗞 CryptoNews of the Day 🗞

Floki Inu Surges 17% Following Roaring Kitty's Return Which Saw GME Stock Surge: Memecoins are experiencing a surge once again following the reappearance of Roaring Kitty, a notorious meme influencer.


👉Details: https://coinmarketcap.com/academy/article/floki-inu-surges-17percent-following-roaring-kittys-return-which-saw-gme-stock-surge

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🗞 CryptoNews of the Day 🗞

Ethereum Struggles to Keep Pace with Crypto Market Rally Despite Positive US Economic Data: On May 15, the cryptocurrency market experienced a surge in total capitalization by 5.5% following the release of inflation and retail sales data from the United States.


👉Details: https://coinmarketcap.com/academy/article/ethereum-struggles-to-keep-pace-with-crypto-market-rally-despite-positive-us-economic-data

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🗞 CryptoNews of the Day 🗞

Coinbase Faces Major Outage, Users Still Experience Technical Issues: Coinbase, the world's second-largest cryptocurrency exchange in terms of trading volume, encountered a significant outage on May 14, disrupting its services for several hours.

👉Details: https://coinmarketcap.com/academy/article/coinbase-faces-major-outage-users-still-experience-technical-issues

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🗞 CryptoNews of the Day 🗞

Tether Freezes $5.2M USDT in Response to Phishing Scamst: Stablecoin issuer Tether has taken action by freezing $5.2 million worth of its stablecoin, Tether (USDT), following its connection to phishing scams.

👉Details: https://coinmarketcap.com/academy/article/tether-freezes-dollar52m-usdt-in-response-to-phishing-scams

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🗞 CryptoNews of the Day 🗞

Liquid Restaking Platform Kelp DAO Secures $9M Funding at Valuation of $90M: Kelp DAO, a liquid restaking platform built on Ethereum's EigenLayer, has successfully raised $9 million in a private token sale round, the company announced.


👉Details: https://coinmarketcap.com/academy/article/liquid-restaking-platform-kelp-dao-secures-dollar9m-funding-at-valuation-of-dollar90m

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🗞 CryptoNews of the Day 🗞

VanEck's Ethereum ETF Ticker “ETHV” Listed on Clearing Firm DTCC’s Website: The Depository Trust and Clearing Corporation (DTCC) has listed global investment manager VanEck's spot Ethereum exchange-traded fund (ETF) under the ticker symbol "ETHV."


👉Details: https://coinmarketcap.com/academy/article/vanecks-ethereum-etf-ticker-ethv-listed-on-clearing-firm-dtccs-website

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🗞 CryptoNews of the Day 🗞

Crypto Trader Turns $2.2K of SOL to $2.26M Within Eight Hours on Memecoin Trade: A crypto trader, operating under the wallet name "sundayfunday.sol," achieved an incredible 993x gain on their purchase of 13 Solana (SOL) worth of a newly-launched memecoin called 1DOL.


👉Details: https://coinmarketcap.com/academy/article/crypto-trader-turns-dollar22k-of-sol-to-dollar226m-within-eight-hours-on-memecoin-trade

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🗞 CryptoNews of the Day 🗞

Web3 Gaming Firm Gala Games Suffers $206M Exploit, GALA Plummets 15%: Gala Games, a prominent web3 gaming company, has reportedly fallen victim to an exploit, resulting in the minting of 5 billion GALA tokens, valued at approximately $206 million.


👉Details: https://coinmarketcap.com/academy/article/web3-gaming-firm-gala-games-suffers-dollar206m-exploit-gala-plummets-15percent

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🗞 CryptoNews of the Day 🗞

ETH Surges 20% After SEC Asks for Amended Filings, Odds of Approval Increased to 75%: Bloomberg ETF analysts now believe that the chances of the U.S. government approving spot Ethereum (ETH) ETFs are much more likely than previously anticipated.


👉Details: https://coinmarketcap.com/academy/article/eth-surges-20percent-after-sec-asks-for-amended-filings-odds-of-approval-increased-to-75percent

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🗞 CryptoNews of the Day 🗞

LayerZero Labs Pauses Sybil Reporting “Warzone” for Highly Anticipated Airdrop: LayerZero Labs, the company behind blockchain interoperability protocol LayerZero, is striving to establish a fair and seamless airdrop experience by tackling the issue of Sybil activity.


👉Details: https://coinmarketcap.com/academy/article/layerzero-labs-pauses-sybil-reporting-warzone-for-highly-anticipated-airdrop

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🗞 CryptoNews of the Day 🗞

XRP Ledger Transaction Volume Soars and Transaction Costs Plummet in Q1 2024: According to Ripple's Q1 2024 XRP Markets Report, the number of transactions on the XRP Ledger (XRPL) more than doubled.


👉Details: https://coinmarketcap.com/academy/article/xrp-ledger-transaction-volume-soars-and-transaction-costs-plummet-in-q1-2024

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🗞 CryptoNews of the Day 🗞

Bitcoin Price Holds Firm Above Key Support Level at $66K: The price of Bitcoin (BTC) has solidified its position above the crucial support level of $66,000, leading some crypto traders to express confidence and optimism about BTC.


👉Details: https://coinmarketcap.com/academy/article/bitcoin-price-holds-firm-above-key-support-level-at-dollar66k

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🗞 CryptoNews of the Day 🗞

Tether Partners With TON To Bring USDT-to-Fiat Transactions Using Oobit Mobile App: Oobit, a mobile payment app, is set to streamline transactions involving Tether's USDT and Tether Gold (XAUt) on The Open Network (TON).


👉Details: https://coinmarketcap.com/academy/article/tether-partners-with-ton-to-bring-usdt-to-fiat-transactions-using-oobit-mobile-app

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🗞 CryptoNews of the Day 🗞

TON Network’s Notcoin Sees Over $1B in Trading Volume, Biggest Gaming Token Launch This Year: Notcoin has finally introduced its NOT token on the Telegram-based The Open Network (TON).


👉Details: https://coinmarketcap.com/academy/article/ton-networks-notcoin-sees-over-dollar1b-in-trading-volume-biggest-gaming-token-launch-this-year

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🗞 CryptoNews of the Day 🗞

Unknown On-chain Trader Scores $46 Million Profit on PEPE as Memecoin Surges: An unidentified trader has raked in a staggering $46 million in profit by investing in the Pepe (PEPE) memecoin.


👉Details: https://coinmarketcap.com/academy/article/unknown-on-chain-trader-scores-dollar46-million-profit-on-pepe-as-memecoin-surges

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🗞 CryptoNews of the Day 🗞

Ethereum L2 Blast Finally Announces Highly Anticipated BLAST Airdrop Date: Blast, a promising Ethereum layer-2 scaling network developed by Pacman, the founder of NFT marketplace Blur, has finally unveiled the launch date.


👉Details: https://coinmarketcap.com/academy/article/ethereum-l2-blast-finally-announces-highly-anticipated-blast-airdrop-date

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🗞 CryptoNews of the Day 🗞

Bitcoin Price Surges Following Lower-Than-Expected CPI Data, Positive ETF Flows: Bitcoin (BTC) experienced a rally, reaching $66,190 and gaining over 7.5% in the past 24 hours.

👉Details: https://coinmarketcap.com/academy/article/bitcoin-price-surges-following-lower-than-expected-cpi-data-positive-etf-flows

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🗞 CryptoNews of the Day 🗞

Vitalik Buterin Proposes New Gas Model for Ethereum Transaction Call Data: Vitalik Buterin, the co-founder of Ethereum, has introduced a new Ethereum Improvement Protocol (EIP-7706) that focuses on a revised gas model for transaction call data.

👉Details: https://coinmarketcap.com/academy/article/vitalik-buterin-proposes-new-gas-model-for-ethereum-transaction-call-data

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🗞 CryptoNews of the Day 🗞

Paradigm Introduces Block Trading Facility for MATIC, SOL, XRP Options on Deribit: Paradigm, a prominent over-the-counter (OTC) liquidity network in the crypto industry, unveiled a new block trading feature on Deribit, a leading derivatives exchange.

👉Details: https://coinmarketcap.com/academy/article/paradigm-introduces-block-trading-facility-for-matic-sol-xrp-options-on-deribit

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