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The Sandbox raises $20M at $1B valuation, promises to expand creator economy

During a period when major metaverse projects are struggling to gain traction following the bear market of 2022 to 2023, Sandbox announced that it has added over 330,000 unique creators.

Bitdeer introduces energy-efficient Bitcoin mining chip

The chip will enhance Bitcoin mining performance, minimize power consumption, lower costs and reduce its environmental footprint.

What is Elliott Wave Theory, and how to use it in crypto?

Elliott Wave Theory offers a method for analyzing market cycles and predicting price movements in the crypto market.

Bitcoin SV’s Twetch considers open-sourcing after shutdown

Web3 social media platform Twetch, a competitor of X running on the Bitcoin SV blockchain, shut down operations on June 6.

GameStop rally sends Roaring Kitty’s shares to $1B

If GameStop opens at its current after-hours price, Roaring Kitty’s holdings would be worth around $1 billion.

Bitcoin may retest $69K next as shorts keep BTC price below all-time high

Bitcoin sees surprise selling into the latest daily close, giving rise to predictions of a support retest before new BTC price all-time highs.

AI-driven crypto crime is only just beginning — Elliptic report

Elliptic’s 2024 report exposes how AI is increasingly used for sophisticated crypto crimes, from deepfake scams to state-sponsored cyberattacks, signaling that these threats are just beginning.

108 ex-prosecutors, feds echo calls to rescue Binance exec in Nigeria

The potential consequences of the United States government not helping Tigran Gambaryan are “dire,” according to a cohort of former federal prosecutors and agents.

Over 35 fake Elon Musks live-streamed during SpaceX launch

“This is not a fake, this is a real giveaway. I personally guarantee it to you,” one of 35 deepfake versions of Elon Musk promised.

Why isn’t the BTC price moving despite billions in ETF inflows?

Spot Bitcoin ETFs in the United States have just notched their 19th day of inflows. Traders explain why it hasn’t led to a surge in the price of Bitcoin.

Semler Scientific now holds 828 Bitcoin and has $150M plan to buy more

The medical manufacturer now holds 828 BTC and says it will “continue to pursue our strategy of purchasing Bitcoins with cash.”

Big shorters are betting $6.9B against MicroStrategy stocks

Short-sellers have wavered this year as MTSR skyrocketed 469% over the past six months, though a few major institutions are holding out hope for a correction.

Telegram launches in-app currency ‘Stars’ for digital purchases

Telegram Stars can be swapped for Toncoin, an $18 billion cryptocurrency, on Telegram’s Fragment platform.

Hulk Hogan denies memecoin shilling posts on X — ‘not from me’

The former pro wrestler said the now-deleted posts promoting a token that dumped within hours of launching weren't from him.

Ethereum ETF launch date depends on issuers, not SEC: Gensler

“It’s really up to them how responsive they are,” said SEC Chair Gary Gensler.

NY Attorney charges 3 tied to 'Evolved Apes' NFT scam

The nearly 10,000-strong NFT collection is still listed on OpenSea, but its floor price is a measly $7.60.

FTX creditors object to bankruptcy reorganization plan

The group of creditors, led by Sunil Kavuri, cited several concerns, including forced taxation, which would compromise creditors’ best interests.

Bybit opens registration to Chinese nationals overseas

Data suggested that more than ten million Chinese nationals lived outside the country, giving Bybit access to a larger pool of crypto users.

NY Attorney General sues crypto trader NovaTech, claims $1B fraud

Two people took in $1 billion in crypto deposits and traded $26 million of it, the suit alleges.

US Treasury: AI brings huge opportunities, risks to financial stability

Secretary of the Treasury Janet Yellen says AI will only become more important in the years to come.

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