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1. ETH’s Weekly Summary a. ETHShanghai 2023 Summit and Hackathon to Be Held from June 25th to July 7th link On June 20th, according to an official tweet from ETHShanghai, the ETHShanghai 2023 summit and hackathon will take place from June 25th to July 7th. The summit is jointly organized by Mask Network, THUBA (Tsinghua University Blockchain Association), ChainIDE, and Moonshot Commons. It will delve into Ethereum’s development, decentralized application expansion, and technological themes, attracting numerous industry experts and developers. Distinguished guests, including Jim Rogers, Suji Yan, and Professor Wang Yang, have been invited to share their insights on the Asian Web3 industry and its position in the global economic landscape. b. Ethereum Staking Surpasses 20 Million Tokens link On June 22nd, according to Token.Unlocks data, the amount of Ethereum staked has surpassed 20 million coins (approximately $38.25 billion), with a staking rate of 16.43%. Since the Shanghai upgrade, ...

The next big thing in the dynamic and evolving world of cryptocurrencies is Golteum (GLTM). Golteum is positioned to have a massive impact on the cryptocurrency market as it introduces the landscape to a refined world of precious metals integrated with crypto. Golteum offers an excellent option for anyone hoping to profit from the digital currency revolution as investors and enthusiasts search for lucrative alternatives. Golteum stands out as a crypto project well-positioned for even bigger success. The new project is poised to disrupt the market and give investors significant returns on their gold and other precious metals investments. Golteum presale is on, and it’s a unique opportunity to get on board for some excitement ahead; read on to learn more. Status of Cardano (ADA) Cardano (ADA) has drawn interest for its audacious objectives and cutting-edge blockchain platform. Recent price movements show a depressing trend for the coin amidst the SEC’s trouble. Cardano’...

Strange happenings are occurring over on the TUSD stablecoin network, which has seen its market cap balloon from $750 million at the end of 2022 to over $3 billion at press time. The asset, which has a confusing ownership structure that, ultimately, seems to lead back to Tron founder Justin Sun, claimed to have stopped using defunct firm Prime Trust for deposits and withdrawals but has proceeded to pause all mints and redemptions. Simultaneously, Binance is offering no-fee trading on all TUSD pairs while a billion dollars of TUSD was minted last week in one fell swoop. A timeline of TUSD concerns 2 weeks ago On June 9, TUSD announced it would no longer mint via Prime Trust but added, “TUSD minting and redemption services remain unaffected and will continue to operate as usual.” The stablecoin assured users that its “partnerships with other banking institutions remain intact, allowing for seamless transactions.” 2 weeks ago TUSD said it was still attempting to resume min...

Analyst’s Take on Bitcoin Price Bitcoin remains the largest cryptocurrency by market capitalization and it is also known as one of the tokens with the most unpredictable volatility. Drawing on the current price action of Bitcoin , renowned market analyst, known on Twitter as CrediBULL Crypto reassured his more than 341,000 followers that the price of the premier digital currency is now stable around the $29,000 to $30,000 price range. advertisement Update to the $BTC idea/video from yesterday: Now that we have cleared the local supply zone where I said we should be cautious, I'm once again bullish on LTF as well. If this is an impulsive move and the start of our accelerated move to new all time highs, we should hold the… https://t.co/PkKF0RNhQw pic.twitter.com/X6dIMJLXlK Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List ...

Nearly 1,000 NFTs have been put on Ethereum by Germany’s BND in its quest to recruit blockchain talent for the agency. Germany’s foreign intelligence agency the Bundesnachrichtendienst (BND) has launched a dog-themed nonfungible token (NFT) collection with an on-chain treasure hunt aimed at recruiting cyber talent . Earlier in June the Federal Intelligence Service launched its “Dogs of BND” collection — 999 dog NFTs inspired by BND’s guard and security dogs as well as “different intelligence roles.” According to the BND’s website, the NFTs are only collectible by finding a character string — which it posted on Instagram that points to an Ethereum address. The cyber talent would need to use that information to find the collection and be eligible to mint an NFT. A Twitter user shared an image posted on BND’s Instagram and rhetorically asked if the NFTs are taxpayer-funded. Source: Twitter On June 19, the BND spoke to the German crypto outlet BTC-Echo, the agency said it created the ...

Join Our Telegram channel to stay up to date on breaking news coverage Ava Labs, the company behind the Avalanche network, has recently announced the launch of AvaGPT, a platform that utilizes OpenAI’s ChatGPT technology to provide more efficient communication within the blockchain industry.  AvaGPT aims to assist Avalanche users by promptly answering their general inquiries and allowing access to the support team. The launch intends to enhance response time and provide users with direct access to relevant information. AvaGPT Improving User Support and Information Access on Avalanche Network AvaGPT, which was launched by Ava Labs, has been trained on complete documentation on the Avalanche blockchain and Core, which Ava Labs diligently develops. This training ensures that AvaGPT possesses an extensive understanding of the technical details, concepts, and intricacies associated with the Avalanche blockchain and Core technology. Introducing the first-ever AI chatbo...

CZ Binance Supports New Crypto Exchange Binance CEO CZ tweeted: advertisement Impeccable timing. But the more the merrier. Applauding developments in times of regulatory scrutinies, he believes more competition in the crypto space is a positive thing. Clearly as a Crypto exchange CEO, he is not threatened by emerging players due to its broader vision. Though CZ Binance has expressed relief over SEC disagreement settlement, SEC is still wary of crypto developments in the US. New Exchange EDX, a “noncustodial” platform. is set to offer trading exclusively in Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) initially. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2...

Ripple is actively expanding in Europe & Latin America despite the ongoing case with the U.S. SEC, said xSpectar founder. BitGo CEO believes a victory for Ripple could positively impact the entire crypto ecosystem. The release of the Hinman papers has boosted Ethereum and may lead to greater decentralization. xSpectar founder Dirk Schepens tweeted on June 19 that Ripple has taken proactive measures to win the SEC vs. Ripple lawsuit by establishing a solid presence in Europe and Latin America. Ripple’s stand is so powerful that even in the event of a no-win situation, Ripple will persist in its pursuit of market leadership in the CBDC/payments sector across both continents. #Ripple is already hedging against a potential no-win in #SECvsRipple by setting a strong foot fold in both Europe and Latin America. A win will be fantastic. A no-win means Ripple will continue towards market leadership in the CBDC/payments space across two continents. — DS...

Bitcoin Lightning Network On Binance The integration of the Bitcoin Lightning Network by exchange is underway with some technical works pending. They tweeted about the progress saying: advertisement Some eagle-eyed users spotted our new lightning nodes recently. Yes – that’s us! By leveraging the Lightning Network, Binance can enable faster and more scalable Bitcoin transactions, offering a smoother user experience. Update for full-integration by Binance is awaited . In a tweet by CZ, he expressed his exchange’s dedication to continuous growth. He stated, Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2023 Must Read ...