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Binance CEO: Crypto industry has shifted from ‘early adopters’ to ‘early majority’

CEO Richard Teng’s commentary came in response to Binance reaching the 200 million user threshold.

China’s largest payments app debuts AI feature that checks if you’re balding

Eat your heart out Elon Musk and X.com, China’s Alipay is the real ‘everything app.’

BNB, TON, FIL, and INJ can go much higher if Bitcoin price flips $69K

Bitcoin is trying to flip the $69,000 level into support, and if it does, BNB, TON, FIL and INJ may move higher.

Intel and AfDB to train millions of Africans in AI

The initiative aims to equip many Africans with skills in advanced technologies like artificial intelligence, robotics and data science.

Ethereum leaders are stuck in a ‘massive contradiction’ — Wintermute CEO

“You are either building capitalism or planned socialism,” said Wintermute CEO Evgeny Gaevoy, pointing the finger at Vitalik Buterin, Hayden Adams and the wider Ethereum community.

Arbitrum to distribute $215M in ARB tokens for gaming innovation

Initially introduced in March, the proposal was approved on June 7, with over 75% of votes in favor.

Bitcoin volatility hovering within 6% of record low levels

Before the June 7 price decline, Bitcoin's volatility over the previous 15-day period sat within "the bottom 6% of occurrences."

Friend.tech's plan to develop own blockchain leaves users confused

Decentralized social media platform Friend.tech has announced it will be teaming up with Conduit to develop its own blockchain, Friendchain.

Binance reaches 200M users with $100B in assets under custody

The 200 million user mark represents over a third of all cryptocurrency holders worldwide.

Roaring Kitty’s GME shares hit $1B, BTC open interest soars, and other news: Hodler’s Digest, June 2-8

GameStop trader Roaring Kitty sees his GME stake rise to $1 billion, Bitcoin open interest spikes and new U.S. laws target digital assets.

What are validiums, and how do they work?

Validiums use zero-knowledge proofs to ensure the validity of transactions without revealing private data.

Apple supercharging Siri and iOS with ‘Apple Intelligence’ and OpenAI

Social media and tech news pundits haven’t responded positively to the nomenclature.

ZkSync’s Gemholic project suspected $3.5M rug pull

Community members are currently trying to trace the Gemholic contract creator’s address, which is supposedly funded by Binance.

Crypto enthusiasts warn against naira trade ban on exchanges

Due to the rapid decline of the naira and the resulting almost three-decade-high inflation rate of 29.9%, the Nigerian government has turned its focus to platforms providing cryptocurrency services.

Bitcoin return to $71K would wipe $1.38B shorts

If Bitcoin returns to the price it had been hovering around for the previous two days before the slight dip, it would wipe out a considerable number of short positions.

BTC price settles at $69K after dip wipes $1.3B Bitcoin open interest

Bitcoin lingers lower following a “doubly strange” U.S. trading session, with BTC price support in question.

Donald Trump doubles down on crypto support at fundraiser event — Report

Donald Trump reportedly announced his goal to be the "crypto president" at the event, where he raised $12 million.

Crypto market tumble seen as quick shakeout, traders expect 'bullish' rebound

Cryptocurrency traders believe that the recent market downturn is just a "shakeout" and there is a "bullish continuation" on the horizon.

New York Stock Exchange-backed Bakkt considers sale — Report

Insiders, who spoke to Bloomberg, say a breakup of the company, a sale, or the decision to maintain its current structure are all on the table.

Impact of shifting SEC policy on ETH ‘yet to be seen’ — Consensys SC

Bill Hughes, Consensys’ senior counsel and director of global regulatory matters, spoke to Cointelegraph at Consensus 2024 in Texas on the status of its lawsuit against the SEC.

Crypto Biz: ARK drops bid for spot Ether ETF, miners adapt after halving, and more

This week’s Crypto Biz explores ARK Invest’s partnership with 21Shares, Galaxy Digital’s tokenized loan for Animoca Brands, Avail’s fundraising, the Toposware acquisition, and Bitcoin miners’ first reports since the halving.

GameStop's Roaring Kitty posts first livestream in 3 years— price reacts

The meme trader revealed that he was down $235 million and held call options on 12 million GameStop shares in his YouTube livestream, dated June 7.

Ethereum governance, and the downfall of celeb tokens: Finance Redefined

The rise and fall of celebrity meme tokens: how these celebrity-backed tokens have dumped in the current bull market.

Are Bitcoin traders losing hope? Top traders’ metric hits two-week low

Bitcoin derivatives markets show less appetite for bullish positions. Is BTC price at risk?

Bitcoin network transaction fees temporarily soar to nearly $52

The network is currently experiencing temporary congestion due to over 300,000 unconfirmed transactions waiting to be processed on Friday morning.

DeFi TVL reaches $192B for first time in 15 months — DappRadar

The value of crypto locked in DeFi increased by 17% due to ETH appreciation and a rise in trading activity.

Bitcoin ETF flows will send BTC price into ‘parabolic run,’ traders say

BTC’s price remains steady above $69,000; analysts say increased spot Bitcoin inflows could take the price higher.

Dumbed down Google and Microsoft AI won’t discuss any presidential elections

Meanwhile, Anthropic’s Claude 2, Meta’s Llama and OpenAI’s ChatGPT seemingly have no qualms about discussing elections past, present or future.

Peru adopts India’s UPI system to boost financial inclusion

The Indian instant payment system is gradually making its way around the world.

Price analysis 6/7: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX

Solid buying in spot Bitcoin ETFs suggests that traders anticipate a breakout to the upside over the coming days.

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