Friend.tech will work with Conduit on Friendchain, its own blockchain that uses FRIEND as a fully transferable gas token.
https://x.com/friendtech/status/1799283480083435815
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
Fortune reports that the founder of VC Shima Capital is allegedly involved in the misappropriation of fund assets.
https://fortune.com/crypto/2024/06/06/shima-capital-vc-ackman-galaxy-yida-gao/
Stake For Governance is now live for W token holders
This is an opportunity to participate in the governance and impact the future direction of the Wormhole DAO and platform.
The W price has increased by 13% in 24 hours.
https://x.com/wormhole/status/1798717029631115272
Medical device maker Semler Scientific buys $17 million more bitcoin and is raising $150M to purchase more
The firm currently holds 828 bitcoin ($59M) and plans to expand its crypto treasury.
https://www.coindesk.com/markets/2024/06/06/medical-device-maker-semler-scientific-buys-17-million-more-bitcoin-and-is-raising-money-to-purchase-more/
Kraken is considering raising a final funding round ahead of a possible initial public offering, according to people familiar with the matter.
The exchange would likely seek to raise more than $100 million, one of the people said.
https://www.bloomberg.com/news/articles/2024-06-06/crypto-exchange-kraken-said-to-be-in-talks-for-pre-ipo-fund-raising-round
Telegram launches digital mini-app payment system Telegram Stars
Telegram Stars allows users to pay for digital services on Telegram via in-app purchases on iOS and Android.
App developers can swap their stars for TON by using the exchange Fragment.
https://www.theblock.co/post/298954/telegram-launches-digital-mini-app-payment-system-telegram-stars
/channel/durov/280
Injective released its updated tokenomics, which offers a new burning mechanism
https://injective.com/INJ_Tokenomics_Paper.pdf
https://x.com/injective/status/1798718346533261388
The Sandbox announces $20M funding at $1B valuation cap to expand creator economy in open metaverse.
https://www.animocabrands.com/the-sandbox-announces-usd20m-funding-at-usd1b-valuation-cap
The total CARV Node sales have surpassed $30 million.
https://dune.com/sohwak_archive/carv-node-sale
Carv/key-information-guide-for-carv-public-sale-going-live-on-june-5th-10-am-utc-b1293205a940" rel="nofollow">http://medium.com/@Carv/key-information-guide-for-carv-public-sale-going-live-on-june-5th-10-am-utc-b1293205a940
Robinhood has agreed to buy U.K.-based crypto exchange Bitstamp for $200 million in cash.
https://www.coindesk.com/business/2024/06/06/robinhood-to-buy-crypto-exchange-bitstamp-in-effort-to-expand-outside-the-us/
39% of family offices are investing in or exploring cryptocurrencies, according to BNY Mellon report
https://info.bnymellonwealth.com/rs/636-GOT-884/images/GFO_Investment_Research_Report_2024_BNY_Mellon_WM.pdf
Binance has announced the 55th project on Binance Launchpool - IO.NET (IO).
Users will be able to stake their BNB and FDUSD into separate pools to farm IO tokens over four days, with farming starting from 2024-06-07 00:00 UTC.
Binance will then list IO at 2024-06-11 12:00 UTC and open trading with IO/BTC, IO/USDT, IO/BNB, IO/FDUSD, and IO/TRY trading pairs.
https://www.binance.com/en/support/announcement/introducing-io-net-io-on-binance-launchpool-farm-io-by-staking-bnb-and-fdusd-6556e3b5aae54c76adb0fd267b105a15
VanEck projects that ether will hit $22,000 by 2030
https://www.coindesk.com/markets/2024/06/05/vaneck-sees-ether-hitting-22k-by-2030/
The crypto market is down
BTC Dominance - 53.03%
Market Cap - $2.58T
BTC - $69,439.77 (-2.41%)
ETH - $3,688.01 (-3.29%)
BNB - $681.6 (-3.34%)
ARB - $1 (-7.88%)
STRK - $1.19 (-8.67%)
W - $0.714 (+0.88%)
TAIKO - $2.68 (-4.62%)
https://dropstab.com
💧 Top Funding Rounds in the Last 7 Days
👉 https://dropstab.com/insights/latest-fundraising-rounds
Legendary wrestler Hulk Hogan is alleged to have promoted HULK, a Solana memecoin, online and then deleted the posts.
The move appeared to cause the token price has decreased by ~85%.
https://www.theblock.co/post/299006/hulk-hogan-solana-memecoin-appears-to-lose-15-million-in-value-after-wrestler-allegedly-deletes-posts-promoting-token
Arthur Hayes has introduced a new article "Group of Fools"
https://cryptohayes.substack.com/p/group-of-fools
ProShares proposes listing and trading of spot Ethereum ETF shares under NYSE
https://x.com/cryptomacro14/status/1798839601299444012
zkSync has started a planned migration process from the old bridge to the new one.
Funds are safe.
https://x.com/zkSyncDevs/status/1798753202269037024
The crypto market is neutral
BTC Dominance - 52.71%
Market Cap - $2.66T
BTC - $71,163.99 (+0.25%)
ETH - $3,813.21 (-1.19%)
BNB - $705.4 (+1.06%)
TAIKO - $2.81 (+2.17%)
ARB - $1.08 (-2.53%)
STRK - $1.31 (-0.28%)
W - $0.708 (+13.44%)
https://dropstab.com
Franklin Templeton explores a new crypto fund
https://www.theinformation.com/articles/trillion-dollar-asset-manager-franklin-templeton-explores-new-crypto-fund
Binance Resumes Mastercard Payments for Crypto
https://www.coindesk.com/business/2024/06/06/binance-resumes-mastercard-payments-for-crypto/
Bitdeer announces acquisition of Desiweminer, a crypto ASIC design company, for $140M
https://ir.bitdeer.com/news-releases/news-release-details/bitdeer-announces-acquisition-desiweminer-all-stock-transaction
Hamster Kombat, a game on TON, has surpassed 100 million users
https://x.com/hamster_kombat/status/1798342352727429188
Nocturne has decided to wind down the company
The frontend app.nocturne.xyz will remain open for withdrawals until the end of this month.
https://x.com/nocturne_xyz/status/1798420775739023466
Paxos International, a UAE-based entity of Paxos, has launched a yield-bearing stablecoin called Lift dollar (USDL)
Paxos International is first launching the USDL stablecoin in Argentina via crypto platforms Ripio, Buenbit and TiendaCrypto as its distribution partners.
https://www.theblock.co/post/298706/paxos-international-yield-bearing-stablecoin-lift-dollar-usdl
There was a brief outage on the Cosmos network.
The team has already resolved the issue.
https://x.com/cosmoshub/status/1798512843853271223