Sky Mavis said 15% of the funds will be used to cover expenses, with the remainder going into Axie Infinity's coffers.
Ronin was hacked in March 2022 for $600 million.
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What are the developers preparing now?
• Levels are available to new users
• Friends will give you % of what they earn
• Gold and Platinum will have access to the launch of top-tier tokens.
• Explore campaigns will be automated and projects will be able to launch them themselves.
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#doge #xrp
Ripple CEO Brad Garlinghouse criticized the Dogecoin (DOGE) memcoin. He stated that DOGE makes no practical contribution to the industry and has grown solely through speculation:
“I don’t think Dogecoin has brought any benefit to the industry. No, I’m not against Dogecoin, but I don’t know where to use it,” said the Ripple CEO.
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#calendar
⚡️ Calendar of key events for this week:
Monday 10 June:
🇨🇳PRC, Hong Kong - Dragon Boat Festival - No bidding
Tuesday 11 June:
- nothing important
Wednesday 12 June:
🇨🇳China - CPI consumer inflation (May)
❗️USA - CPI consumer inflation (May)
❗️USA - Fed rate decision
❗️USA - Conference with J. Powell
Thursday 13 June:
🇺🇸USA - PPI inflation (May)
🇺🇸USA - Initial Jobless Claims
🇺🇸USA - Fed balance sheet
Friday 14 June:
- nothing important
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🇬🇪 #XRP Ripple plans to expand in Georgia.
Representatives of Ripple and the Central Bank of Georgia held a meeting over the weekend to discuss “potential areas of cooperation in the digitalization of the Georgian economy.”
In November 2023, the Central Bank of Georgia announced a partnership with Ripple to launch a CBDC.
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🇰🇷 South Korea will begin to regulate NFTs as a cryptocurrency.
The regulator (FSC) can classify an NFT as a cryptocurrency in a regulatory context if it can be used to pay for goods and services + the circulation must be around 1,000,000.
NFTs that cannot be used to pay for goods and services, such as NFT concert tickets, are classified as regular NFTs.
BUT some NFTs can be classified as a security (if they meet the characteristics specified in the country's Capital Markets Law).
📍FSC will not introduce a single standard to regulate all NFTs.
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#finflows
📊 Coinshares: Report on cryptocurrency financial flows.
❕Capital inflow into the crypto industry per week = $2,038,000,000.
▫️Capital inflow into #BTC-related crypto products = $1,973,000,000.
▫️Inflow of capital into crypto products related to #ETH = $68,900,000.
▫️Last week there was a slight influx of capital into crypto products related to #XRP, #SOL, #LTC, #LINK and #BNB.
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Crypto in Uzbekistan has been banned since the beginning of the year, for any transactions there are heavy fines and up to 5 years behind bars. The guy got off easy.
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More than 3,000,000 travel services in 230+ countries can now be paid in TON. (air tickets, hotel reservations, etc.)
Travala is a travel booking site.
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‼️#ETH Gary Gensler – SEC will approve Forms S-1 for Ethereum spot ETFs by the end of summer.
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His lilpump/sol increased by 4300%...
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#onchain #opinion
🚀 CryptoQuant: “The second half of the bull market is ahead!”
- "Capital inflows from small whales and retail investors began to grow."
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#BTC #ETF
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In a bull market, the price of BTC usually remains above the average entry price. Even with a 27% drop, it can still be considered a bull market.
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#zk #airdrop
🔞 Lookonchain: Drophunter received 3,010,000 ZK ($753,000) for 85 wallets!
– Then I deposited 2,710,000 ZK on the Binance exchange and sold 300,000 ZK on SyncSwap.
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🤝 #HBAR Hedera is expanding in Scandinavia.
– HBAR Foundation has joined the Nordic Blockchain Association (NBA).
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Pump․Fun is a platform for quickly launching meme coins on the Solana (#SOL) blockchain.
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