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Web3 News

Providing well-rounded news about everything web3. Sponsored by Orion, the CEXY DEX. orion.xyz Discuss here: t.me/orion_community

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Daily summary - May 30, 2024: 🛑 US Treasury criticized NFTs due to fraud risks. 🤝 Sam Altman and the President of Argentina discussed Worldcoin's investment in the country. 🚀 Galxe will launch the Gravity blockchain based on Arbitrum Nitro. 💰 Gemini Earn users will get $2.18 billion in assets returned. 🔄 Polyhedra will change its ticker to ZKJ, giving ZK to the zkSync project. 🏛️ Joe Biden’s campaign headquarters began collaborating with participants in the crypto industry. 📈 BlackRock's Bitcoin Spot ETF has become the world's fastest-growing ETF ever. 🏦 Deutsche Bank believes that the future belongs to the blockchain and sees it as an additional source of income for banks. 🏗️ Jack Dorsey-backed mining company OCEAN opens a hub in El Salvador. 💼 DBS Bank, the largest bank in Singapore, holds 173,753 ETH ($650 million) on its balance sheet. 📜 Elon Musk could advise Donald Trump on digital assets policies. 📈 PEPE's market capitalization now exceeds the combined market capitalization of all major NFT projects on all blockchains. 📉 Kraken exchange just saw over $684 million worth of BTC withdrawals. 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN
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Daily summary - May 29, 2024: 🏦 BlackRock surpasses Grayscale to become the largest spot Bitcoin ETF holder. 📉 Crypto critic Peter Schiff speculates on the impact if all American companies sold their assets for BTC. 🔢 Sybil created 104 LayerZero accounts but failed to buy different ENS names for them. 💳 Mastercard introduces Crypto Credential, enabling direct P2P crypto transfers between users. 📲 Telegram Wallet management shifts to WOT Global Solution starting tomorrow. Now requires KYC. 📈 GME and KITTY tokens surge with GameStop share growth. 🇧🇷 USDC stablecoin issuer Circle, enters the Brazilian market. 🐱 Aptos processes over 115 million transactions daily in a new cat clicker game. ⚖️ SEC drops its lawsuit against DEBT Box, incurring $1.8 million in costs. 🔮 Cathie Wood predicts a 10x GDP increase for El Salvador thanks to Bitcoin. 📈 Open Interest in BONK, WIF, and REPE memecoins now surpasses BTC and ETH. 😂 Seven meme coins re-enter the top 15 trading assets in the last 24 hours. 🔐 Experts recover a crypto wallet password, unlocking 43.6 BTC ($3 million). 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN
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Daily summary - May 28, 2024: 🇷🇺Russian firms now use stablecoins for payments with Chinese partners. 🔄Over 100,000 BTC from the defunct Mt. Gox were moved, with plans to settle claims soon. 💰User made $1.2 million from holding SHIB for three years. 🏢Semler Scientific has adopted Bitcoin as its main reserve asset, purchasing 581 BTC for $40 million. 📉Ethereum holdings on centralized exchanges are at a six-year low. 🔍Donald Trump is investigating Bitcoin's potential to reduce the U.S. national debt of $35 trillion. 💸George Soros holds about $135 million in MicroStrategy shares. 📈Investors put over $1 billion into crypto products in one week, totaling $14.9 billion this year. 📊Cryptocurrency ETFs manage over 1 million BTC, with predictions of growth to $450 billion. 🐱YouTube's co-founder supported a meme coin inspired by the first cat video on the platform. 🚫EU regulator labeled MEV as market manipulation and illegal. 📈CryptoQuant predicts a continued bullish trend for Bitcoin. ⚖️Former FTX executive was sentenced to 7.5 years in prison. ⚠️DO NOT download the aggr chrome extension. Malicious app on the Chrome store with good reviews steals all cookies. 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN
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Daily summary - May 28, 2024: 🇦🇷 Argentinian authorities are in talks with El Salvador officials to discuss regulations for BTC and other digital currencies. 🗳️ Donald Trump keeps promoting crypto in the lead-up to the election. 📈 “Greed” still prevails in the crypto market - the “Fear and Greed Index” stands at 74. 🛠️ Ethereum developers plan to release Pectra upgrade in the first quarter of 2025. 🇨🇳 Chinese made a fund to bolster local semiconductor development and manufacturing, gathering over $47.5 billion. 🔓 Hackers targeted high profile X-accounts to spread a scam. 💡 Marathon has invested $80 million in sustainable Bitcoin mining operations in Kenya. 📉 Friend Tech’s token plummeted 30% following a proposal to transition away from Base. 😮 NORMIE meme token plummeted 99% due to a hack, although the hacker returned the funds to facilitate a restart. 🚀 Ethereum protocol Taiko has launched its mainnet. 📊 Bloomberg reported a significant increase in the number of crypto funds. 🔒 Total value locked (TVL) in the TON DeFi sector has surpassed $300 million. 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN
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Weekly summary - Week 21, 2024: ⏪ Bloomberg analysts estimate demand for Ethereum ETFs will be around 20%. ⏪ Donald Trump continues to defend Bitcoin and other cryptocurrencies. ⏪ Runes sector's market value has surpassed $1.5 billion. ⏪ SEC has approved spot Ethereum ETFs. ⏪ Bitcoin fails to breach $70,000 mark. ⏪ Difficulty of Bitcoin mining has increased by nearly 1.5%. ⏪ US House of Representatives has passed legislation to regulate crypto industry. ⏪ Telegram is set to develop its own currency for TON network. 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN
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Daily summary- May 24, 2024: 📈 All applications for launching spot Ethereum ETFs approved in the United States 💔 Dog named Kabosu, face of Dogecoin, has died 🏛️ US House of Representatives passes bill prohibiting Federal Reserve from issuing CBDC 📊 FTX holds another auction for Solana sale to large funds, exchange gains about $2.6 billion 🏔️ Crypto enthusiast raises Bitcoin flag on Everest 📉 Ethereum price falls below $3700 after ETF approval 📅 Standard Chartered names candidates for launching ETFs in 2025 🎮 Notcoin introduces token earning missions ⛪ Charles Hoskinson compares Bitcoin to religion 🦊 Consensys says SEC's decision confirms Ethereum is a commodity, not a security 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN
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Daily summary - May 23, 2024: 🏛️ US House passed the crypto bill HR 4763, splitting regulatory powers between the CFTC and SEC. 📉 Ethereum's price has briefly exceeded $3900 amid new ETF details. 🔥 Meme token creator set himself on fire live to draw attention to his token. 💵 Since the start of the year, the capitalization of stablecoins has grown by over $30 billion, now exceeding $160 billion in total. 📈 Fed Reserve survey found that 18 million people in USA invested in crypto last year. 📊 Gary Gensler stated that the SEC has been effective in handling crypto-related litigation. 🔄 Inflows into spot Bitcoin ETFs have continued for eight consecutive days. ⚒️ Bitcoin mining difficulty has increased by nearly 1.5%. 🚀 TON network's TVL is growing the fastest in 2024, up 1500% since the start of the year. 📈 Excitement builds as 65% of Polymarket users predict SEC approval of Ethereum spot ETFs by the end of May. 📄 Ethereum ETF issuers had final 19b-4 form deadlines extending up to this morning, but trading is not expected for several weeks, according to sources. 🎁 Layer 2 project Taiko announced an airdrop ahead of its main network launch. 📊 Top 15 most profitable tokens launched in the last 30 days. 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN
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Daily summary - May 22, 2024: 🍕 Fourteen years ago, Laszlo Heinitz bought two pizzas for 10,000 BTC, marking what is now celebrated as Bitcoin Pizza Day. 🏦 Bitcoin is increasingly regarded as a store of value, rather than just a trading asset. 🚨 Arthur Hayes has cautioned that the U.S. government aims to centralize crypto storage, requiring ETFs for any asset the general public wants to invest in. 💸 Recently, Vitalik Buterin transferred 80 ETH, valued at $300,000, to the Railgun mixer. 🕒 In 2024, 46% of Bitcoin trading volume took place during U.S. market hours. 🔗 Metamask is planning to add Bitcoin support. 🌍 Circle, has initiated a significant new campaign titled "Money is now open." 🇺🇸 Donald Trump honored his commitment to accept cryptocurrency donations. 📈 A co-founder of Matrixport suggested that Solana might be the next to launch an ETF. 💰 DeSoc platform Farcaster has raised $150 million. 🤫 Vitalik Buterin introduced the concept of zero-knowledge likes. ⚖️ Gary Gensler has expressed concerns about the weakening regulations in the FIT21 bill. 📊 Ethereum ETF from VanEck is now trading on the DTCC platform. 📈 British regulator has approved WisdomTree's release of ETPs for Bitcoin and Ethereum. 💬 Telegram has launched its own currency, Telegram Stars, based on the TON blockchain. 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN
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Daily summary - May 21, 2024: 🔜 Approval for the spot Ethereum ETF in the US is eagerly awaited. 💰 Tether minted another 1 billion USDT. 📈 The crypto market's rise has pushed the “Fear and Greed Index” to “Extreme Greed.” 🛢️ Coinbase will offer retail futures contracts for oil and gold. 🏛️ The US House will vote on HR 4763 to divide crypto regulation between the SEC and CFTC. 🇯🇵 Bitcoin hit a new ATH in Japanese yen. 💸 Bitcoin surpassed $72,000; Ethereum is above $3800. 🚫 Fidelity and Grayscale excluded staking from their Ethereum-ETF applications. 💼 @Wallet added support for Notcoin. 🤝 Vitalik Buterin called for a unified L2 interoperability solution. 🔄 Sei team updated to version v2 with EVM support. 🔓 Gala Games' smart contract was hacked, with $22 million stolen and then returned. 👮 The Incognito Market owner was detained in the US. 🚀 ZkSync plans an airdrop in June. 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN
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Daily summary - May 20, 2024: 🔥Ether ETF Approval Odds Rise to 75% Amid SEC Reversal Speculation. 📊 SEC decision on spot Ethereum ETF could be made this week. 🐋 In the last 24 hours, whales have purchased more than 110,000 ETH. 🚀 Binance will begin listing small projects with good tokenomics, community, and business models. 📉 The number of BTC on centralized exchanges has reached a five-year low. 🔓 Upcoming major unlocks in the coming week. 📅 HaskKey exchange announced that on May 20 it will list TON. ⚠️ Vitalik Buterin highlighted MEV, liquid staking, and full node costs as threats to Ethereum's decentralization. 💰 Solana cryptocurrency capitalization again reached $80 billion. 👟 Saga Badge holders at STEPN will receive branded sneakers for the new Solana Mobile smartphone. 📈 Top 15 projects for trading volume growth over the last 30 days. 🚫 Venezuelan authorities started large farm seizures following a mining ban. 🚔 Paraguay wants to introduce a prison sentence of up to 10 years for illegal cryptocurrency mining. 🛑 LayerZero Labs has paused the hunt for Sybils. 📊 Crypto funds raised $932 million after US inflation report. 🔍 Research: Token listing on Binance has become a trap for investors. 💼 Bankrupt Genesis will return assets worth $3 billion to clients. 💬 Join the conversation! 🐦 Follow us on X! Website | News | X | Telegram | Discord | Reddit | YouTube | LinkedIn | Swap | Buy ORN
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