- Vitalik Buterin wants to see Ethereum as stable over time as Bitcoin
- Cloudflare will improve the Internet using Ethereum
- Coinbase launches its own analytics department
- Pantera Capital fund “leaked” 80% of their LUNA before the collapse and earned 100 “X”
- Ethereum to testnet Ropsten Ethereum in June
- A16z Invests $600M in Metaverse Games Development
- Source: in the US, exchanges will force the separation of corporate and client funds
- US checks smartphones of Wall Street traders: suspicions of insider trading
- Jack Dorsey: “The only currency of the Internet is bitcoin”
- Crypto.Com Pay Starts Working with Shopify Merchants
The FTX exchange may soon start trading stocks and ETFs with zero commissions.
If successful, FTX will become the first crypto exchange to offer trading in traditional financial instruments on par with cryptocurrencies.
Testing of FTX Stocks will begin today and will be available to a limited number of people. But by mid-summer, they plan to roll out the program to all users who are on the waiting list.
If you don’t have an FTX account yet, you can register using our link.
Vitalik Buterin wants to see Ethereum as stable over time as Bitcoin
In order for Ethereum to gain the stability of Bitcoin, a lot of innovations will need to be introduced into the project.
Ethereum founder Vitalik Buterin tweeted about his desire to turn Ethereum into a project as stable over time as Bitcoin.
At the same time, he understands “that this requires quite a lot of active coordinated short-term changes in the project”.
Cloudflare will improve the Internet using Ethereum
They will test the speed and efficiency of the network based on the Proof-of-Stake algorithm
Cloudflare prepares node studies for Ethereum validation. However, it is not only about creating an energy efficient and secure blockchain. The company will explore options to help create a better WEB3 Internet.
Validation nodes will be used as a proving ground to test energy efficiency, data consistency management and network speed.
Coinbase launches its own analytics department
It will make reports for large companies and ordinary users
The Coinbase exchange will open its own analytical center “Coinbase Institute”. It will conduct crypto market research in partnership with other experts, opinion leaders and academic institutions.
The first such partner will be the Survey Research Center. The center’s extras will ask US families for the level of acceptance of cryptocurrencies and their attitude towards them.
Pantera Capital fund “leaked” 80% of their LUNA before the collapse and earned 100 “X”
Their net income was about $168 million.
Pantera Capital is one of the top investors in Terraform Labs. And one of the few who came out of history as a winner. The company converted almost 80% of its LUNA tokens long before the TerraUSD (UST) stablecoin collapsed.
Pantera Capital separately invested in LUNA and sponsored Terraform Labs itself.
Ethereum to testnet Ropsten Ethereum in June
This is the final stage before switching to the PoS consensus algorithm
Work on Ethereum 2.0 is in full swing. This is confirmed by Preston Van Loon, Ethereum lead developer at Prysmatic Labs. Now the team is aheadhuge milestone in testing“. On June 8th they launch a testnet “The Merge» for the Ethereum Ropsten network.
A16z Invests $600M in Metaverse Games Development
The company created a fund focused exclusively on games
Investment company Andreessen Horowitz (a16z) announced the creation of a venture capital fund Games Fund One for $600 million. This is the company’s first project to focus entirely on game development with Web 3 and Metaverse aspects.
a16z believes that virtual technology will become an integral part of gaming projects.
Source: in the US, exchanges will force the separation of corporate and client funds
The report shows that the funds of the exchange clients are not actually protected in any way
CoinDesk, citing an anonymous source, announced the White House’s future plans for crypto exchanges. The administration wants to pressure Congress to “push through” bill for the distribution of funds of the firm and clients.
Thus, the authorities expect to protect the interests of investors.
US checks smartphones of Wall Street traders: suspicions of insider trading
They’re investigating suspected insider trading.
The US Securities and Exchange Commission (SEC) has ordered Wall Street banks to conduct a global due diligence of top traders. To do this, companies must examine employees’ phones, including personal correspondence on WhatsApp.
According to Bloomberg insiders, Goldman Sachs, Morgan Stanley, Citigroup, HSBC Holdings and Credit Suisse received letters requesting verification.
Jack Dorsey: “The only currency of the Internet is bitcoin”
Block talked about the first day of an investor in the last five years.
During the meeting, the founder of the company, Jack Dorsey, spoke about the achievements, plans and vision of the future of the organization.
“Calling us a payment platform is like equating Amazon with booksellers. We have grown in recent years, and in different areas of activity” said Amrita Ahuja, CFO of Block.
Crypto.Com Pay Starts Working with Shopify Merchants
In addition, commissions were canceled for 30 days
Crypto.com invited Shopify merchants to use the Crypto.com Pay payment system. Thanks to this integration, the crypto-exchange will receive new seller partners. And Shopify merchants, in turn, will be able to reach customers who prefer crypto payments. Now Crypto.com Pay services transfers in 20 cryptocurrencies: bitcoin, ether, shiba inu, dogecoin, apecoin, etc.
What awaits GameFi on the bear and after
Recommendations and reflections
Artem K. from CryptoGamingPool wrote a short essay in which he talked about the GameFi industry, what it has already experienced and what it can expect. And also what assets and projects you can look at.
How do you like the article?
Share this article with your friends on Facebook or Telegram. Just press the button and you’re done.