๐Ÿ”ฅCrypto News - Crypto World
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Welcome! Here you will find the latest news about the crypto industry๐Ÿ’ฐ

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๐Ÿ’ฐThe capitalisation of 14 US bitcoin miners has reached $22.8bn

The market capitalisation of 14 publicly traded US bitcoin mining companies reached $22.8bn for the first time, according to a report by JPMorgan.

Also, US miners have increased their share of the total hashrate of the bitcoin network by about 1%. These 14 companies now account for about 23.8% of the hashrate.

#BTC
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๐Ÿช™ A new level of fight against Tether. Times Square in New York City has posted accusations of corruption against the company.

Yesterday, Consumers Research launched an ad campaign calling Tether a pyramid scheme and the "new FTX" and accusing the USDT stablecoin issuer of ties to the Russian and Chinese governments, terrorist groups, drug cartels and human traffickers.

#Tether
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๐Ÿ”„The US Securities and Exchange Commission (SEC) has notified Consensys that it has completed its investigation into Ethereum, thus confirming that Ethereum is not a security

#SEC #Ethereum #ETH
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๐Ÿ‡บ๐Ÿ‡ธMem-coin #TRUMP is experiencing difficulties with listing on exchanges

The fact is that exchanges refuse to list due to "political" risks.

#usa #memcoin
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๐Ÿ‡ฉ๐Ÿ‡ช6500 BTC ($425m) was transferred today by a wallet linked to the German government

Of this amount, 1000 BTC went to Kraken and Bitstamp

#Germany #BTC
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๐Ÿ•ฏ According to SoSoValue, outflows from spot Bitcoin-ETFs totalled ~$298m in the last couple of days

#ETF #BTC
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๐Ÿช™ Analysts at Bernstein predict that bitcoin ETFs are on the cusp of approval on major financial platforms

And, on private banking platforms in the third or fourth quarter of this year.

They also expect the value of bitcoin could reach $200,000 by 2025.

#BTC #ETF
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๐Ÿ“ข Letโ€™s take a look at the recently released ZK token

๐Ÿ‘‰ zkSync is the first L2 network built on zkEVM (zero-knowledge proof) technology.

In simple words, the zkSync network is based on more reliable technologies than the Arbitrum, Optimism, Base and similar networks. Otherwise, zkSync is no different from them - it is a regular network in the Ethereum ecosystem, which has the usual applications: DEX, Lend, GameFi, Yearn, and so on.

Yesterday, zkSync finally released their own ZK token, which will be used for network governance (via DAO), as well as for paying fees (similar to ETH).

Currently, zkSync is in fifth place in terms of TVL among all L2 networks after Arbitrum, Base, Optimism and Blast.

The main competitors of zkSync, from whom we expect tokens this year:
โ€ข Blast
โ€ข Scroll
โ€ข Linea

๐Ÿ—“ What to expect from zkSync next?

In the coming months, they are due to launch a tool called ZK Stack, which will allow third-party developers to build their own networks using the zkSync codebase.

Lens, Sophon, GRVT, Lighter and Space and Time have already announced their networks based on zkSync.

Overall, an interesting token for the future๐Ÿ’ช
We can be present in your investment portfolio๐Ÿ’ผ

๐Ÿ‘‰ You can buy zkSunc on the following exchanges:
๐Ÿ’ผ Trade on Bybit
๐Ÿ’ผ Trade on okx
๐Ÿ’ผ Trade on bingx

#zk #zkSync
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โ›”๏ธKraken has been hacked for $3,000,000

A vulnerability has been discovered that allowed anyone to initiate a deposit on the platform and receive funds without completing it.

According to the security director, the bug was used to steal $3 million from Kraken's treasury before it could be patched.

#kraken #scam
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๐ŸƒCircle's CEO is more optimistic about crypto than ever before

He also added that stablecoins will account for 10% of all fiat money over the next decade.

#Circle #BTC
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๐Ÿ”ฅCrypto News - Crypto World
๐Ÿ”„The US Securities and Exchange Commission (SEC) has notified Consensys that it has completed its investigation into Ethereum, thus confirming that Ethereum is not a security #SEC #Ethereum #ETH
๐Ÿ‘€Consensys plans to continue litigating with SEC, after all

The company wants to get legal clarity for the crypto industry from the regulator.

#Consensys #SEC
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๐Ÿ”„ The LayerZero team has published airdrop details and tokenomics, according to which the ZRO token supply is 1 billion.

The distribution of tokens is as follows:

๐Ÿ”˜38.3% to the LayerZero community, including distribution to users, developers and community members.
๐Ÿ”˜32.2% to strategic partners with 3 years unlocked, including investors and advisors.
๐Ÿ”˜25.5% for core members with a three-year transition period, including current and future team members.
๐Ÿ”˜4.0% has been redeemed and shared with the community.

This information highlights LayerZero's strategic approach to token distribution to ensure the long-term stability and growth of the project.

#LayerZero
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๐ŸคจLayerZero = $0.1$?

You have to "donate" $0.1 to get your tokens for each one

This new system is called Proof-of-Donation (Proof-of-Donation).

#LayerZero
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โšช๏ธAndrew Kang opined that ether (ETH) is overvalued and will not reach the $4000 mark anytime soon.

He believes that S-1 forms for ETH ETFs will not be accepted until the first or second quarter of next year, and that no significant events will occur in July.

This opinion does have merit, but it is worth remembering that often expected events can happen unexpectedly. One always wants to believe in the best and be prepared for different scenarios in the cryptocurrency market.

#ETH
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๐Ÿ‡ฎ๐Ÿ‡น Monitoring of the cryptocurrency market in Italy will be more severe

Fines for non-compliance with crypto laws up to โ‚ฌ5m.

#crypto #italy
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๐Ÿ‡บ๐Ÿ‡ธ Tyler Winklevoss, co-founder of the Gemini exchange, has expressed his support for Donald Trump by donating $2,000,000 in bitcoins to his presidential campaign.

In 2013, the Winklevoss brothers purchased $11 million worth of bitcoins at $120 per coin.

In addition, it has become known that Gemini is launching a new initiative to fund the election campaigns of candidates who support cryptocurrencies.

#Gemini #TeamTrump
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๐Ÿ‡ซ๐Ÿ‡ฎ Marathon, a major player in cryptocurrency mining, has launched a 2 megawatt pilot project in Finland.

The heat generated during the mining process is used to heat homes, providing heat to around 11,000 residents of a local town. This project demonstrates an innovative approach to utilising excess heat from mining for sustainability and energy saving.

#Marathon
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โœ”๏ธ Binance has added support for USDT on TON

#TON #USDT
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๐Ÿ–ฅ 3iQ has applied to launch the first Solana-based ETP (Exchange-Traded Product) in Canada under the ticker QSOL.

The move is indicative of the growing interest in cryptocurrency assets and their integration into traditional financial products.

#SOL #ETP
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โšก๏ธStandard Chartered is launching a trading division. Specifically trading #BTC and #ETH on the spot

#banks
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