Cryptoz
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Cryptoz — Web3 crypto media & agency
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Dispersion Capital, an early-stage investment venture firm, has created a $40 million fund for startups working on infrastructure for Web3 projects.

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Ledger Live integrated Arbitrum

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CHART: Bitcoin history repeats?

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The Beijing authorities have published a "White Paper on Innovation and development of Web3", according to the local newspaper The Paper.

According to the document, the capital of China plans to become an international innovation center of the digital economy.

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🔝 Top blockchains by the number of transactions in the last 7 days.

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Biden and McCarthy have reached an agreement on the national debt! (Bloomberg)

- Representatives of the White House and Republicans have reached a preliminary agreement on raising the US debt ceiling!

- At the moment, the US national debt is $31,400,000,000,000!

- The vote in the House of Representatives will be held on Wednesday (May 31).

- The agreement assumes a reduction in spending for 2 years, in 2025 a similar scenario is expected when the Ministry of Finance starts running out of money.

🔥 Representative of the Republican Party Bob Goode:
- I heard that the “deal” is concluded with an increase in the debt limit by $4,000,000,000,000!
- If this is true, no one calling himself a conservative can vote "FOR" this agreement.

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The best coins by price growth over the past week.

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Bitcoin loves debt limit increases.

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Bali prohibits tourists from using cryptocurrency!

Governor of Bali:

▫️ Foreign tourists using cryptocurrency as a means of payment violate the laws and will be severely punished.

▫️ Measures against violators: Deportation, administrative sanctions, criminal punishment, etc.

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Coinglass: Sold LONG and SHORT positions for $130,470,000 (in 24 hours)

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According to tokenunlocks, 3.6% of Optimtism tokens worth $258 million will be unlocked this week. In addition, 1 inch tokens worth $101 million and Sui tokens worth $64.7 million will be unlocked this week.

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Ethereum is the leader as an L1-level blockchain with a 70% share in DeFi and 54% in NET

in 1Q 2023, ETH almost equaled Visa in terms of processed transaction volume ($3.01 trillion vs. $3.08 trillion, respectively)

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The seventh proof of reserves was published by the OCX: users' bitcoin assets decreased by 5,264 BTC (4.1%) compared to April. The assets of users in Ethereum decreased by 157,000 ETH (12.3%), the assets of users in Tether increased by 185 million USDT (4.3%).

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PancakeSwap (CAKE), the largest DEX ecosystem of the BNB Chain, releases its own Play-to-Earn game Pancake Protectors

The price of CAKE has increased after the launch.

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⚡ ethereum has transferred almost as many funds as Visa

The amount of funds in Visa is $3.08 trillion.
Ethereum — $3.01 trillion.

The technology, which is just beginning to develop, is already trying to surpass traditional payment systems that have existed for decades.

Earlier, experts stated that the price of one ETH will be more than $ 10,000. Such figures no longer seem unrealistic 🥲

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⚡ 10 most popular coins in the last 7 days on CoinGecko
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Kaiko: Most of Ethereum's liquidity is concentrated on exchanges outside the United States.

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❗️ 🇨🇦 ́ Bibit is leaving Canada!

- Opening of new accounts is not available from May 31.

- Disabling crypto exchange services from July 31.

- Existing customers have until September 30 to close their margin positions.

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Tether has announced that it is investing in electricity generation and the launch of sustainable bitcoin mining operations in Uruguay.

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A cumulative amount of nearly ~$3.45B has been stolen from crypto exchange custody from 48 recorded hacks since 2012. The most frequent way assets were stolen from exchanges was through hot-wallet hacks

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In May, the monthly trading volume on spot exchanges decreased by 23%.

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