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Crypto trends DeFi NFT & More Owner : @Azukicollector
🇪🇺 EBA publishes new guidelines for ‘token issuers’ as part of upcoming MiCA regulation
The European Banking Authority (EBA) has unveiled comprehensive guidelines addressing recovery plans for issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs) as part of the broader Markets in Crypto-Assets (MiCA) regulation. Under MiCA, ARTs are digital tokens backed by assets like commodities, real estate, or a diversified basket of assets, while EMTs are tokens pegged to fiat currencies to maintain a stable value for payments — also known as stablecoins.
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💰 Bitcoin Spot ETF records total outflows of -$580M this week
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🪙 Ether ETFs Should Be Fully Approved by September, Says SEC Chair Gensler
The final approvals for exchange-traded funds (ETFs) trading Ethereum's ether (ETH) should be finished this summer, U.S. Securities and Exchange Commission Chair Gary Gensler told senators in a budget hearing on Thursday. Gensler told a subcommittee of the Senate Appropriations Committee in a hearing justifying the market regulator's budget that the process is "working smoothly" after the initial approval of a group of ETFs.
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⬜️ OKX confirms a few user accounts were drained via identity theft
In a post-mortem on X, OKX claimed that a hacker used forged "judicial documents" to obtain the personal information of "very few" OKX users. “The matter is under investigation by the judicial authorities, and we cannot disclose more specific details,” the crypto exchange wrote in a statement. The security breach surfaced on social media over the weekend after two OKX users claimed that their accounts had been compromised and drained.
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🪙 Binance Labs invests in Ethereum Layer 2 network developer Zircuit
Binance Labs, the $10 billion venture capital and incubation arm of the crypto exchange Binance, has invested an undisclosed sum in Zircuit, an Ethereum Layer 2 network developer. Zircuit is a zero-knowledge rollup with "AI-enabled sequencer-level security," Binance Labs said Tuesday. The firm added that its investment will help Zircuit grow and develop its network further.
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Web3 infrastructure firm Xion secures $25 million in funding — link | tl;dr
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🚨🚨🚨 FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison
The collapse of FTX has been called the biggest case of fraud ever.
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Coinbase Derivatives: Dogecoin Futures launch postponed from April 1 to April 29 - Dated March 21 — link
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Currently, TBTC exhibits a higher active addresses ratio of 21.98% among tokenized Bitcoin in DeFi — link
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Grayscale launching proof-of-stake investment fund for millionaires — link | tl;dr
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Vitalik Buterin emphasizes need for parallelization, internal scaling in Ethereum rollups — link | tl;dr
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Bitwise files for spot Ethereum ETF amid SEC approval uncertainty — link | tl;dr
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Filecoin protocol Glif set to distribute 75 million points ahead of token launch — link | tl;dr
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AI analytics firm Helika launches $50 million crypto gaming accelerator — link | tl;dr
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Monthly active users on Ton blockchain surpassed 1M — link
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💰 Bitcoin falls with equities as markets position for a single Fed rate cut this year
Bitcoin is struggling to recover after the U.S. Federal Reserve suggested on Wednesday it would pencil in only one rate cut this year. The U.S. central bank's more hawkish tones impacted equity markets, and bitcoin has mirrored their downtrend by declining over the past day. Futures ticked lower after this week's Federal Open Market Committee meeting. Dow Jones Industrial Average futures dropped 0.63% and S&P 500 futures were down 0.33% in pre-market trading.
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🇺🇸 US judge approves Terraform’s $4.5B settlement with SEC
A United States district court judge has signed off on the $4.5 billion settlement between Terraform Labs, its co-founder Do Kwon and the Securities and Exchange Commission. New York District Court Judge Jed Rakoff approved the deal on June 13. The deal will see Terra and Kwon pay billions in fines and penalties to the regulator while essentially banning them from the crypto industry.
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🪙 Tether to reveal new product line as part of $1 billion investment strategy
Tether CEO Paolo Ardoino revealed that the company would launch a new class of digital asset products on June 17. While specific details about these products are still under wraps, the move reflects Tether’s expanding influence and ambitions in the financial sector. In May, Ardoino hinted at the company’s plans to emulate USDT’s success by eliminating monopolistic intermediaries in financial markets.
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💰 Polygon unveils 1 billion POL token program to boost developer engagement
Polygon, the Ethereum layer-2 blockchain, has unveiled a Community Treasury initiative funded with 1 billion POL tokens, which will be distributed over the next decade to drive developer engagement on the network. Polygon has launched the first season of its Community Grant Program (CGP), offering developers an initial 35 million MATIC valued at around $22 million. Future seasons will provide up to 100 million POL tokens as the network transitions from MATIC to POL.
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JUST IN : Taiwan's 🇹🇼 Ministry of the Interior has given the green light for the formation of a cryptocurrency industry association.
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🪙 Ethereum enters the weekend on top of NFT market with over US$11 million in daily sales
Ethereum NFT sales rose 5.21% to US$11 million on Friday to lead the market while Bitcoin, Thursday’s top network, had a 16% slump. Bitcoin ranked second on Friday with US$10.21 million in total sales. Despite the drop in sales, Bitcoin is expected to surpass US$3 billion in total sales this week. The network is less than US$700,000 away from the milestone. Solana, ranked third, experienced a 21.58% sales drop to US$5.30 billion.
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🖼 Arbitrum Gets Azuki NFT To Develop Anime Network Around The World
JAKARTA Innovations that combine blockchain technology with the anime industry are starting to surface. ARB crypto asset developer Arbitrum Foundation has announced a strategic collaboration with the Azuki and the Weeb3 Foundation. This collaboration aims to launch AnimeChain, a web3 network designed to enrich the experience of anime enthusiasts around the world.
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1kx raises $75 million in latest funding round — link | tl;dr
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🖼 NFT Price Floor co-founder predicts quality NFTs comeback despite market retreat
NFT Price Floor co-founder Nicolás Lallement anticipates a quality NFT comeback thanks to the bullish sentiment and cheap layer-2 solutions. As the craze around meme coins keeps unfolding, the spotlight now shifts to non-fungible tokens (NFTs), a sector experiencing renewed interest following a period of subdued activity.
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💰 Tensor- The Rising Star in the Solana NFT Landscape Reveals its TNSR Token
As the NFT market continues to experience explosive growth, various platforms are competing for dominance. Among these players, Solana-based marketplace Tensor has appeared as a prominent force by bagging a substantial share of the market within a short period. Here is a look at Tensor’s impressive journey, its vision for the future of NFTs, and the recently announced TNSR token designed to facilitate the platform’s community.
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Google now allows wallet address searches for Bitcoin, Fantom, Arbitrum and others — link | tl;dr
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Ethereum hit by 'Blobscriptions' in first stress test of blockchain's new data system — link | tl;dr
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📊 Bitcoin just hit $70000
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FTX estate's $7.5 billion sale of locked solana attracts strong interest — link | tl;dr
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Web3 AI training firm FLock raises $6 million in seed funding — link | tl;dr
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