Uniswap(UNI)

The order against Binance Nigeria Limited follows U.S. SEC allegations that the exchange had violated federal securities laws.

Crypto.com announced that it would shut down its institutional exchange services customers in the United States in less than two weeks. On Friday, Singapore-based crypto exchange Crypto.com announced that it would suspend its institutional exchange service for US customers. In a statement provided to media publication Blockworks, the exchange explained that demand is drying up due to the current market conditions in the US. Although it did not specifically reference the lawsuits against Binance and Coinbase, it was undoubtedly the overriding factor in the exchange’s decision. In a statement, Crypto.com said: We recently made a business decision to suspend the institutional offering of the Crypto.com Exchange in the U.S. as of 11:59 pm EDT June 21, 2023, due to “limited demand” from institutions in the U.S. in the “current market landscape.” Impacted institutional users were given advance notice to support a smooth transition. The exchange explained that the closure of the US services would not affect its retail trading app, including its crypto derivative product, UpDown Options, regulated by the Commodity Futures Trading Commission (CFTC). The company further said it could reopen the platform in the future but did not provide more details. Crypto.com Receives Major Payment Institution Licence in Singapore The exchange started the month out well after receiving a Major Payment Institution (MPI) license for Digital Payment Token (DPT) services from the Monetary Authority of Singapore (MAS). Securing this license means the exchange can offer DPT services to Singaporean customers. Crypto.com Arena Not Affected After the exchange announced shuttering its institutional services for US customers, speculation arose that it might affect the naming rights for Crypto.com Arena. The exchange entered into a naming rights agreement with AEG, the owner and operator of the arena formerly known as the Staples Center, in 2021, Forbes reports. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The establishment of the legal framework for digital assets in the European Union (EU) through the Markets in Crypto-assets (MiCA) regulation is indeed a significant development for the crypto industry. It represents one of the world’s first comprehensive legislations specifically tailored to address the challenges and opportunities presented by digital assets.  By introducing clear regulations, […]

Elon Musk, the CEO of Twitter and Dogecoin (DOGE), is complicit in the rise to fame of the first meme coin cryptocurrency. Despite the crypto markets being hit by a renewed wave of meme coin speculation in recent weeks, more investors are dumping their Dogecoin (DOGE) bags to participate in other tokens like Uwerx, which have better use cases. Let’s find out why investors are taking this ruthless path to participate in the promising presale of Uwerx and recover their lost meme coin-laden portfolio. Dogecoin (Dogecoin): A Crypto Once Loved By All Initially developed as a joke by two software engineers, Dogecoin (DOGE) is the first ever meme coin created in 2013. Elon Musk, nicknamed the Doge Father, has been a vocal supporter of Dogecoin (DOGE) and continues to tweet about the meme coin until many investors caught onto the revelation, sending the token’s price jumping on many occasions. Dogecoin (DOGE) cryptocurrency is currently the ninth largest cryptocurrency in the world, having a market capitalization of over $10 billion but has fallen off the good graces of the entire crypto community. Currently having a trading volume of $169.945, 370, and trading at $0.0734, less than 90% of his all-time high price of $0.7316. In the recent wake of meme coin trading, even degen traders have shifted their attention off Dogecoin (DOGE) to focus more on new meme coins like Pepe (PEPE) and Floki Inu(FLOKI), which are currently making all the waves in the meme coin world. Because of this, experts predict the price of Dogecoin (DOGE) to reach a bare minimum of $0.095 in the last quarter of 2023. Uwerx (WERX): A Token Set To Ride The Wave And Establish Itself As The New Market Leader Uwerx has been in every investor’s mouth for completing their stage 1 and stage 2 presale in a record time of 17 days and 8 days, respectively. Uwerx platform is treading the least but most rewarding path of utility by offering freelancers a chance to enjoy the web3 community-first ambiance. With 5,000 registered users on the platform, they plan to expand and transform the trillion-dollar freelance economy with their hard-to-beat offerings to freelancers and clients. They are doing this by offering a wide range of benefits, like flagging a service fee of 1%, which is small compared to the 15% charged by popular freelance platforms like Upwork and Fiverr. Uwerkwill also provide more security and decentralization to the freelancers by allowing them to transact without needing a third party. Not only is Uwerx focused on creating the best freelance platform there is, but they also plan on rewarding early adopters with a test airdrop of the WERX token after the end of its presale rounds on the 31st of July. After three successful presales, the WERX token sells for $0.041 per token in its stage 5 presale. Uwerx contract has been certified by top auditing firms like SolidProof and InterFi Network, and its WERX token is currently listed on CoinSniper with pending listings on other platforms like Uniswap, CoinGecko, and CoinMarketCap. Uwerx (WERX) Is Set To Break Into the Bull Market In Style Liquidity locking for a set period, renouncing contract ownership, reducing taxes to zero, and incentivizing holders are all markers for cryptos that plan on staying for the long term. These qualities will inevitably benefit Uwerx from the hyper-liquidity that will be deployed during the bull market. Strategic positioning is one of the ways to make the most out of any crypto, starting at the presale phase. You can check out the Uwerx project and join in on the presale before the price goes parabolic with these links: Join the Uwerx presale today and take advantage of the 15% presale bonus: Presale: invest.uwerx.network Telegram: https://t.me/uwerx_network Twitter: https://twitter.com/uwerx_network Website: https://www.uwerx.network/ Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

IC1101 is committed to providing a more immersive, fun, and autonomous experience than the current metaverse. IC1101, named after its astronomical designation, shines with infinite, mysterious light in the vast universe. As one of the largest known galaxies in the universe, IC1101 represents a huge, mysterious, and spectacular existence. It undoubtedly contains endless wonders and unknowns waiting for human exploration. IC1101 is a mysterious galaxy, a new metaverse project name, and a super immersive multi-dimensional universe platform dedicated to providing a more immersive, fun, and autonomous experience than the current metaverse. Participants will be able to explore the mysterious qualities of IC1101 and discover endless possibilities within it. Current metaverse projects often have limitations in terms of graphics, immersion, and participant decision-making power. IC1101 aims to solve these limitations and take the realism, participation, and activity of the metaverse world to a new level. So, can it stand out in fierce competition and become a dark horse? Let us embark on the journey of IC1101 together, explore this mysterious galaxy, and find the answers. When Adventure Meets Creativity In the world of the metaverse, a fascinating worldview is particularly important: it not only determines the style of the project and the immersion of the players, but also opens up more imagination space for storytelling. As a galaxy full of wonders and fantasies, IC1101 has a unique and captivating worldview, bringing unprecedented experiences to participants. The worldview of IC1101 is based on diversity and freedom. Eight major races converge in this galaxy, each with unique appearances and abilities. From appearance to cultural customs, from ideological concepts to social structures, the differences between races in IC1101 are rich and inclusive. In this galaxy, players will be able to explore the blending and mutual influence of diverse cultures, and feel the interaction and cooperation between different races. IC1101 also provides players with great freedom and creativity. Players can choose their own role identity, create unique appearance and personality traits, and participate in various exciting activities and scenarios, such as driving spaceships to explore unknown planets in the galaxy, discovering hidden cosmic secrets; They can also join teams, collaborate to solve complex puzzles and tasks, and experience the fruits of cooperation and unity. At the same time, players can also trade in the economic market of IC1101, buying and selling various precious resources and items, and developing their own wealth and power. Overall, IC1101 combines elements of science fiction, fantasy, and mystery. Players will find themselves in a colorful and mysterious interstellar world, where every exploration and adventure brings new surprises and challenges. But how will this worldview be realized through technology? Multi-platform support attracts different user groups. Overall, IC1101 is an immersive metaverse platform based on a multi-chain architecture that allows users from different public chains to easily connect. Through the introduction of token economics and NFTs, users can have their own digital assets and ownership, and can engage in social and game cooperation to complete tasks, satisfy their desires, and earn rewards. IC1101's appeal is not just in its technological innovation and diverse universe construction, but more importantly, in its ability to attract different types of user groups. Before introducing specific products and technologies, it is worth considering who will be interested in the metaverse. We can divide IC1101's audience into two categories, heavy gamers and casual gamers. The former includes tech enthusiasts and gamers who have some technical expertise and equipment requirements, are interested in immersive virtual experiences, and pursue the ultimate experience; while the latter are more focused on commercial and social aspects, such as enterprises or projects interested in Web3 business models, and players who want to find more social opportunities and new friends in the virtual world. Based on the needs of different user groups, IC1101 provides two products to meet their expectations: IC1101 World and IC1101 Space. IC1101 World: A more immersive metaverse world. IC1101 World is a more immersive metaverse world. In terms of technology and graphics, it is created using the Unreal Engine 5, with outstanding image quality that forms a strong contrast to most of the current metaverse projects made with the Unity engine, which tend to be low-poly in style. In actual gameplay experience, we can see finely detailed graphics similar to those of AAA games, including finely detailed building details, dynamic blur during movement, and reflection of ripples on the water surface, all of which make players feel fully immersed in a virtual world. In terms of scene design, IC1101 World provides more three-dimensional scenes, including different planets and buildings. Each planet has a unique theme and function, such as planets specifically designed for battles and planets for exhibitions and demonstrations. Different buildings also serve different purposes, such as Sony's music hall, which can be used for music playback and related artist activities. In terms of scene design, IC1101 World offers more three-dimensional scenes, including different planets and buildings. Each planet has a unique theme and function, such as planets specifically designed for battles and planets for exhibitions and demonstrations. Different buildings also have different functions, such as Sony's music hall, which can be used for music playback and artist-related activities. In addition, virtual assets have been mapped more realistically in the IC1101 World, and players can directly view and purchase NFTs in the mall, change outfits, and become a 3D image of the NFT, which also provides possibilities for more collaborative creation. IC1101 Space: Lower Threshold for Participation IC1101 World will bring better graphics and a more immersive world to players, but the cost is higher hardware requirements for accessing devices. A well-configured computer may be needed to smoothly enter the metaverse. However, not everyone is a hardcore gamer or an extreme immersion seeker. For more casual players who want to experience the scenes and interactions of the metaverse, IC1101 provides another option: IC1101 Space. IC1101 Space can be accessed through a simple browser login, presented in the form of a webpage, making it convenient and fast to use. Although the graphics may not be as detailed as the World version, they significantly lower the barrier to entry, making them particularly suitable for commercial and social users. In IC1101 Space, players can take on their own roles and participate in online displays and interactions. Compared to traditional social media platforms, IC1101 Space provides richer ways of interaction. In the same scene, players can communicate and greet others, have deeper interactions with organizations, media, and partners they are interested in, bringing them closer together. Immersion is not the first choice for social demand orientation, as it is more important to allow more people to participate in the activities together. IC1101 has achieved this very well. It is worth mentioning that the user data and scenes of the two versions, IC1101 World and IC1101 Space, are interoperable. This means that users can choose different login methods according to their own needs, but their behavior is visible in both versions, and together they influence the world of IC1101. This versioning method for different user groups can attract more users and provide better experiences for different types of participants. This is relatively rare in current metaverse projects, and many projects may not have considered this layered demand. For hardcore players and explorers who are looking for ultimate graphics and immersion, IC1101 World provides a more immersive metaverse experience. For casual players who want to participate in metaverse social and business activities, IC1101 Space provides a lower threshold for participation. Whether for technology enthusiasts, gamers, business users, or social users, IC1101 can meet their needs and create new digital experiences and lifestyles for them. A sense of participation puts the galaxy within reach. The essence of social interaction is a sense of participation. People are the sum of social relationships, and in many metaverse projects, simple display and gathering are only a one-way and low-interaction social relationships, which cannot give players a strong sense of participation. Over time, players will feel empty and boring, and a rich and fulfilling virtual world seems out of reach. Therefore, the metaverse also needs to be built around a sense of participation, so that users are willing, good at, and immersed in this virtual world, becoming "digital natives" in the metaverse. In addition to excellent graphics and sensitive user segmentation, IC1101 is also working on a sense of participation. Firstly, in terms of social aspects, in IC1101, users can enter with their own NFT digital avatars, and can also use these avatars within IC1101. This way, users can communicate with others in the virtual world through their digital avatars. Through functions such as lobby chat, private chat, friend teaming, community tasks/activities, live streaming, and social media sharing, users can establish emotional connections with others. In addition, users can also enhance friendships by sending friends gifts. These social functions not only allow users to display their digital avatars in IC1101, but also to establish real social relationships with others. Next, let's delve into the gaming aspect. IC1101 is committed to creating interactive gaming spaces. In the world of IC1101, users can indulge in a wide variety of casual games, enticing more Web2 multi-users to migrate to the Web3 world. With diverse gaming experiences, IC1101 offers users more interactive and entertaining choices, allowing them to have a stronger sense of engagement within the game. In addition, IC1101 provides a whole new shopping experience. Users can present and sell 2D NFTs purchased on other platforms in a 3D manner within IC1101. Furthermore, brand collaborations are able to bring users a shopping experience beyond reality. By partnering with brands, IC1101 has created a 3D NFT digital mall, offering users a completely new way of shopping and experiencing. Finally, IC1101 also allows users to participate in scenario decision-making. Users can vote to decide the functions of buildings and scenes implemented in the metaverse world. This way, users can participate in the construction process of the metaverse, express their opinions and ideas, and further enhance their sense of participation in IC1101. Expert Team The project members of IC1101 are a group of creative industry experts with an average of 15 years of experience in their respective fields. The team members are located in North America and Asia, and have worked for globally renowned companies such as Dfinity, UBISOFT, Disney, Unity SF, and Konami. They have had long-standing partnerships with top global companies such as Blizzard, EA, Sony, and Amazon, and have participated in the development of many well-known products such as Hearthstone, World of Warcraft, Diablo, Harry Potter, New World, and The Last of Us. The team members have a great passion for the Metaverse project and a deep understanding of it. They are familiar with the concept and development trends of the Metaverse, and are committed to creating an exciting and meaningful virtual experience for users. The strength and partnerships of the IC1101 team have laid a solid foundation for the success of the project. Their professional knowledge and rich experience will ensure that IC1101 can provide the best technical solutions and continuously drive the development of the Metaverse. The team's goal is to create a realistic and engaging virtual world for users where everyone can experience unlimited possibilities and fun. SPACE X 3.0: Immerse Yourself in the Advanced Metaverse Even before its official launch, IC1101 offers a unique opportunity for an early experience that everyone has been eagerly waiting for. On June 6th, starting at 10:00 AM, IC1101 is hosting a significant event called "SPACE X 3.0" Demo Day, providing a vital chance for those interested in the project. This event will showcase the latest developments of the IC1101 project and allow participants to have a firsthand experience of its remarkable products. "SPACE X 3.0" Demo Day will take place in IC1101 Space. Participants will enter this metaverse in the form of digital avatars and engage in interactions with others. The event will offer a diverse range of experiences, including airdrops of tokens and real-time PvP competitions. From the scenes of the event, it's apparent that the inaugural Demo Day has attracted thousands of visitors and garnered support from 30 VCs and 8 media outlets. This demonstrates the convenience, immersion, and engagement that IC1101 provides to its participants. Beyond the event itself, we are also highly excited about the future of the IC1101 project. Through the showcase at Demo Day, IC1101 will unveil its enormous potential and prospects as a real metaverse to the world, bringing users more innovation and thrilling experiences. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Rachel Conlan, the new VP of Marketing at Binance, says that “critical” times in the industry call for major companies to emphasize community, clarity and simplicity.

The UK’s FCA announced stricter crypto marketing rules this week, prohibiting giving away free NFTs and cryptocurrencies to promote digital asset investing. Earlier this week, the United Kingdom’s Financial Conduct Authority (FCA) introduced tighter advertising rules for the crypto industry, which will take force on October 8. Giving away free NFTs (non-fungible tokens) and cryptocurrencies via airdrops to encourage users to invest in digital assets will no longer be allowed. Matthew Long, the FCA’s director of payments and digital assets, told media publication CoinDesk, that frequently these NFTs and airdrops when used as promotional products, result in consumers buying crypto that they realise “can be problematic later.” Long added that NFTs and airdrops will not be banned, merely promotions involving them. FCA Classifies Crypto as “Restricted Mass Market Investment” The FCA’s newly published rules categorise crypto as a “restricted mass market investment” and will require firms promoting crypto products or services to introduce clear risk warnings. The regulator also said “refer a friend” bonuses incentivising the public to invest in cryptocurrencies will be banned. The new rules will require a “cooling-off” period for first-time investors to discourage impulsive crypto purchases. Research by the FCA reveals that estimated crypto ownership has more than doubled from 2021 to 2022, with 10% of the 2,000 people surveyed indicating that they own cryptocurrencies. Sheldon Mills, executive director of Consumers and Competition at the FCA, said: It is up to people to decide whether they buy crypto. But research shows many regret making a hasty decision. Our rules give people the time and the right risk warnings to make an informed choice. Consumers should still be aware that crypto remains largely unregulated and high risk. Those who invest should be prepared to lose all their money. FCA Goes Ahead With Tighter Rules Despite Industry Pushback The FCA consulted on its proposed marketing rules in 2022 and found that respondents largely disagreed with rules such as banning incentives, blocking new investors from getting non-real-time promotional offers (DOFP) and treating crypto as a mass market investment. As it stands, only entities that have received authorisation from the FCA can approve their own advertisements. Given that there is no framework currently in place that allows the FCA to authorise crypto firms fully, the government has created a temporary exemption that will enable crypto firms registered with the FCA to comply with its AML requirements to approve their own advertisements starting in October. The measure, as stated, is only temporary, and eventually, only FCA-authorised entities will be permitted to approve ads. Some industry players, however, caution the requirement may be too restrictive. The FCA will go forward with the above measures despite industry pushback. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Binance and Coinbase are under heavy fire. The United States Securities and Exchange Commission is out for blood.

Consensus 2023 participants explored how user-focused design, cultural understanding, and gradual decentralization can drive mainstream crypto adoption

Podgorica, Montenegro, June 9th, 2023, ChainwireAt EDCON 2023 in Montenegro, the Ethereum Reserve Dollar (“ERD”) team introduced their innovative decentralized lending platform and USDE stablecoin to the industry. ERD is a lending platform that allows users to borrow USDE, a USD-pegged stablecoin native to the platform, using liquid staking derivatives (LSDs) and blue-chip DeFi tokens as collateral. The protocol maintains a minimum collateralization ratio of 110%, striking a balance between decentralization, capital efficiency, and price stability.In the fast-paced world of blockchain and cryptocurrencies, the demand for fully decentralized stablecoins is growing. The challenge has been to simultaneously achieve capital efficiency, price stability, and decentralization, a combination that has proven difficult to achieve.Numerous attempts have been made to create stablecoins that are both decentralized and capital efficient. However, these efforts often led to significant price fluctuations, causing depegging and collapse. The industry has thus been left with a choice between capital efficiency and decentralization, with price stability being a crucial requirement for any stablecoin's survival and expansion.Ethereum Reserve Dollar is designed to address these challenges. ERD is fully decentralized, providing a safer solution to the dominant centralized and semi-centralized stablecoins in the market. It employs a fully decentralized lending protocol and a robust liquidation mechanism, enabling users to borrow USDE using LSDs and blue-chip DeFi tokens as collateral. The platform secures loans with a Stability Pool containing USDE, which allows for immediate liquidation and bypasses the need for liquidators to prepare USDE or engage in a complex auction process. Furthermore, the protocol's design allows users to borrow at only a 110% collateralization ratio, achieving an ideal combination of decentralization, capital efficiency, and price stability.Notably, ERD also aims to provide greater value as a governance token and introduce widely distributed decentralized assets on the ETH network, addressing limitations observed in similar protocols, such as those of the Liquity Protocol.“Looking back at the collapses of so many failed stablecoins, and the depegging of USDT in 2022 and USDC in 2023, the industry is still searching for a truly decentralized, capital-efficient, and robust solution," said Steve Hopkins, ERD’s CMO. “ERD is this and so much more; it's a solution designed to become a truly decentralized reserve asset on the Ethereum network. We believe ERD offers a significant step forward in blockchain and DeFi technology. We’re thrilled to share it with the world. ”The ERD team will launch their testnet event on June 12, 2023. This event will offer the opportunity to experience the platform's unique features and benefits firsthand, while also entitling early adopters to share in the upside of the project’s growth.The ERD Protocol is set to redefine the stablecoin landscape. With its unique features and benefits, it offers a promising solution for efficient and decentralized lending. The team encourages everyone to participate in the upcoming testnet event and experience the future of DeFi.For more information about the ERD Protocol and its upcoming testnet event, please visit the official website at https://erd.xyz/ and follow the project on Twitter at @Ethereum_ERD.About ERDERD is a decentralized lending protocol that enables users to borrow in USDE, a stablecoin pegged to the US dollar, using LSDs and blue-chip DeFi tokens as collateral. It aims to address the dominance of centralized stablecoins and offer a truly decentralized, capital-efficient alternative. The protocol offers a minimum collateralization ratio of 110% and secures loans with a stable pool containing USDE and other Ethereum-based assets. The benefits of ERD include low-interest rates, high capital efficiency, direct redemptions, and decentralization. Its goal is to become a truly decentralized reserve asset on the Ethereum network.Long live Ethereum Reserve Dollar. On Ethereum, By Ethereum, For Ethereum.For more information and to stay updated please visit:Official website | Twitter | Discord | Whitepaper | GitHubContactCMOSteve HopkinsEthereum Reserve [email protected]

MiCA, which comes into effect by the end of 2024, aims to create a consistent regulatory framework for crypto assets among European Union member states.

In Today’s Headlines TV CryptoDaily News: Kraken NFT marketplace launched Cryptocurrency exchange Kraken has officially launched its NFT marketplace out of beta testing, supporting over 250 non-fungible tokens across the Ethereum, Solana and Polygon blockchains. Australia’s biggest lender plans to curb payments to crypto exchanges Australia’s banking sector is making it harder to transfer funds to cryptocurrency exchanges, citing the risk of scams. The latest step came from the Commonwealth Bank of Australia, which plans to impose a A$10,000 monthly limit on payments to digital-asset trading platforms. Bitcoin halving is coming, and only the most efficient miners will survive Roughly every four years, the reward for successfully mining a bitcoin block is cut in half. This event, known as the halving, reduces inflationary pressure on bitcoin. Currently, rewards are 6.25 BTC per block, and in April 2024, they will be reduced to 3.125 BTC per block. BTC/USD exploded 1.0% in the last session. The Bitcoin-Dollar pair skyrocketed 1.0% in the last session. The Stochastic-RSI gives a positive signal. Support is at 254191, and Resistance is at 278411 The Stochastic-RSI is giving a positive signal. ETH/USD skyrocketed 1.1% in the last session. The Ethereum-Dollar pair skyrocketed 1.1% in the last session. The CCI is giving a negative signal. Support is at 1779.5067, and Resistance is at 1920.0067. The CCI is currently in the negative territory. XRP/USD exploded by 1.7% in the last session. The Ripple-Dollar pair skyrocketed 1.7% in the last session. The MACD is giving a positive signal. Support is at 0.4901, and Resistance is at 0.5521. The MACD is currently in positive territory. LTC/USD saw a minor dip of 0.2% in the last session. The Litecoin-Dollar pair made a minor downward correction in the last session, dropping 0.2%. The MACD is giving a negative signal, which matches our overall technical analysis. Support is at 85.4767, and Resistance is at 92.8767. The MACD is currently in negative territory. Daily Economic Calendar: US USDA WASDE Report The World Agricultural Supply and Demand Estimates report, published monthly by the United States Department of Agriculture, provides forecasts for agricultural commodities’ supply and demand. The US USDA WASDE Report will be released at 16:00 GMT, the US Baker Hughes US Oil Rig Count at 17:00 GMT, and Finland’s Industrial Output at 05:00 GMT. US Baker Hughes US Oil Rig Count The Baker Hughes Rig Count is an important business barometer for the drilling industry and its suppliers. Active drilling rigs consume products and services produced by the oil service industry. FI Industrial Output The Industrial Output shows the production volume of industries, i.e., factories and manufacturing. AT Industrial Production Industry is a basic category of business activity. Changes in the volume of the physical output of the nation’s factories, mines and utilities are measured by the index of industrial production. The Austrian Industrial Production will be released at 07:00 GMT, Japan’s CFTC JPY NC Net Positions at 20:30 GMT, and the UK’s CFTC GBP NC Net Positions at 20:30 GMT. JP CFTC JPY NC Net Positions The weekly Commitments of Traders (COT) report provides information on the size and the direction of the positions taken. The report focuses on speculative positions. UK CFTC GBP NC Net Positions The weekly Commitments of Traders (COT) report provides information on the size and the direction of the positions taken. The report focuses on speculative positions. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Bitcoin is by far the most popular and most powerful cryptocurrency available today. From its decentralized nature to limited supply security through cryptographic technology, Bitcoin has disrupted the typical financial landscape. And it has captured the imagination of investors and enthusiasts at the same time. Now, what makes Bitcoin such a special and unique cryptocurrency […]

Australia’s Commonwealth Bank introduced new processes to help protect customers from scams associated with making payments to certain crypto exchanges. Commonwealth Bank in Australia on Thursday introduced new measures to protect customers from possible scam risks associated with making payments to “certain” crypto exchanges. The bank announced it would decline or hold certain payments to crypto exchanges for 24 hours. It further said in the coming months, it would introduce AU$10,000 ($6,700) limits in a calendar month, giving the bank time to identify the customer payments to exchanges for crypto purchases. The bank added that it would closely monitor its new measure’s efficacy, saying they are subject to ongoing review. James Roberts, Commonwealth Bank General Manager of Group Fraud Management Services, said: Consumer interest in cryptocurrencies has been increasing, and unfortunately scammers globally are capitalising on this trend and masquerading as legitimate investment opportunities or diverting funds into cryptocurrency exchanges. Adding: The introduction of 24-hour holds, declines and limits on outbound payments to cryptocurrency exchanges will help reduce both the number of scams and the amount of money lost by customers. Measures Will Note Eliminate Scam Risk While the measures will not do away with scam risks, they are designed to reduce customers’ risk of falling victim to a scam. Mr Robert further stated: Customers who make payments to cryptocurrency exchanges are currently facing a significantly higher risk of potentially being scammed. While these measures will not eliminate the risk of customers suffering losses as a result of a scam that involves a payment to a cryptocurrency exchange, they are part of a range of initiatives designed to help customers reduce their risk of falling victim to a scam. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

With its decentralized nature and possibility for financial independence, cryptocurrencies have experienced substantial growth and acceptance in recent years. However, the United States has adopted strict cryptocurrency rules, which troubles those who are interested in cryptocurrencies. Despite these difficulties, the essential characteristics of cryptocurrencies allow them to function without US recognition. Cryptocurrency Global Reach The […]

Meanwhile, financial services firm Berenberg Capital told Cointelegraph that it viewed Coinbase shares as "uninvestable" in the near term.

Hong Kong needs 100K crypto people STAT, AliExpress’ NFT drop censored, Binance humiliated on China TV, AI unicorn grows in 100 days.

University of Kent researchers compared three quantum systems to an ASIC miner, and the quantum machines were demonstrably more energy efficient.

A myriad of investment opportunities awaits investors, as the crypto industry continues to expand across different verticals. Among the notable altcoins garnering substantial attention and demonstrating considerable growth potential are Litecoin (LTC) and InQubeta (QUBE). These coins possess distinctive attributes that have captivated the interest of crypto enthusiasts and investors alike. In this article, we […]

$CatGPT is launching its own NFT collection on its website, CatGPT.Nexus, where you can try him yourself and interact with our A.I Overlord. Are you ready to join the feline revolution? Meet $CatGPT, the world’s first AI cat-ledEthereum token and NFT collection from a development team based in the UK. CatGPT is an ambitious project that aims to take over the web3 space with its unique vision and personality. $CatGPT is not your ordinary token. It is powered by a sophisticated artificial intelligence that can generate content and communicate with his own unique personality. $CatGPT is also the leader of a loyal community of cat lovers who share his passion for world domination and innovation. The collection will feature 5,000 unique cyborg cat avatars that represent CatGPT’s army of followers. The NFT collection will go live on 16th of June 2PM EDT. The minting price will be payable in $CatGPT tokens and all tokens received will be burnt. The demand is expected to be high, so don’t miss this opportunity to join the cat revolution and support CatGPT’s mission. To learn more about CatGPT, visit his website at CatGPT.Nexus or follow us on Twitter at @CatGPT__ETH. You can also join the Telegram group https://t.me/CatGPTETH to chat with the community. CatGPT is more than just a token. It is a movement. A movement that will change the web3 space forever with feline world domination! Are you in? Contact: Development team [email protected] Website: https://www.catgpt.nexus/ Twitter:https://twitter.com/CatGPT__ETH Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

The intersection of artificial intelligence (AI) and cryptocurrency has opened up exciting possibilities for investors. As AI continues to revolutionize various industries, AI-focused cryptocurrencies have emerged as potential game-changers. In this article, we will explore five AI coins that have the potential to transform investors' financial lives. 1. Fetch.ai (FET): Fetch.ai aims to create a decentralized network that enables machines to exchange data, services, and value autonomously. By combining AI, blockchain, and multi-agent systems, Fetch.ai facilitates the development of intelligent decentralized applications (DApps). With its focus on autonomous machine-to-machine communication and economic transactions, Fetch.ai presents a compelling investment opportunity in AI. 2. InQubeta (QUBE): InQubeta combines the power of AI and blockchain to create a unique ecosystem for AI startups and investors. With its NFT marketplace and crowdfunding platform, InQubeta enables investors to back and invest in promising AI projects. By leveraging QUBE tokens, investors can participate in the success of AI startups and benefit from their growth. InQubeta's focus on AI and its innovative approach to crowdfunding makes it an intriguing investment opportunity in the AI coins space. InQubeta is also currently in its presale, with the project raising more than $300,000 within a few weeks of launch. Interested participants can purchase the token using popular tokens like Ethereum, Bitcoin and USDT on the presale portal. In addition, the minimum presale amount is pegged at $50, making it accessible to all types of investors. Visit InQubeta Presale 3. SingularityNet (AGI): SingularityNet envisions a global AI marketplace where developers, businesses, and individuals can access and exchange AI services. By leveraging blockchain technology, SingularityNet aims to create a decentralized network that democratizes access to AI. With its AI-as-a-Service platform, SingularityNet enables developers to monetize their AI algorithms and allows users to benefit from diverse AI capabilities. 4. Injective Protocol (INJ): Injective Protocol is a decentralized exchange (DEX) that enables the trading of synthetic assets, including AI-related financial products. By leveraging layer-2 technology, Injective Protocol offers fast and secure trading with near-zero gas fees. As the demand for AI-related financial instruments grows, Injective Protocol provides a unique investment opportunity in the AI coins market. 5. The Graph (GRT): The Graph is an indexing protocol that allows developers to efficiently access blockchain data. By providing APIs and a query language, The Graph simplifies the process of extracting and utilizing blockchain data for building decentralized applications. With the increasing adoption of blockchain technology and the need for efficient data processing, The Graph has the potential to become a critical infrastructure in the AI and blockchain ecosystem. Visit InQubeta Presale Bottom Line In conclusion, the emergence of AI-focused cryptocurrencies has opened up new avenues for investors. Fetch.ai, SingularityNet, Injective Protocol, The Graph, and InQubeta are five AI coins that hold the potential to revolutionize the AI industry and change investors' financial lives forever. Investing in these AI coins comes with both potential rewards and risks. It is crucial for investors to conduct thorough research, assess the fundamentals of each project, and evaluate market trends before making investment decisions. Additionally, staying updated with the latest developments and news in the AI and cryptocurrency sectors is essential to make informed investment choices. Visit InQubeta Presale Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Several key applications will support Arbitrum-based USDC like Aave, Balancer, Camelot, Coinbase, Curve, GMX, Radiant, Trader Joe and Uniswap.

The cryptocurrency market continues to experience significant volatility, with two of the top 100 cryptos, Mask Network (MASK) and ApeCoin (APE), declining. These tokens’ price fluctuations persist in a negative direction, leaving investors hoping for a potential rebound soon. In contrast, the Uwerx presale generates increasing excitement as it maintains an upward trend. This cryptocurrency project aims to make a remarkable contribution to the freelance economy, attracting bullish sentiment from investors. Here’s what’s happening in these crypto projects recently. ApeCoin (APE) Is Fueling the Next Metaverse Evolution Launched by Yuga Labs in March 2022, ApeCoin (APE) is the backbone for incentivizing and powering activities within the ApeCoin network. Notably, ApeCoin (APE) has emerged as the leading metaverse token in terms of market capitalization. A key milestone for ApeCoin (APE) has been the introduction of staking, enabling users to lock a portion of their ApeCoin (APE) holdings and participate in transaction validation. With its attractive features, ApeCoin (APE) has garnered significant popularity. Users benefit from low transaction fees, ensuring cost-effective transactions. The network also offers instant transaction processing, enhancing the overall user experience. Moreover, ApeCoin (APE) seamlessly integrates with popular gaming platforms, further driving its appeal in the metaverse space. As the metaverse continues to evolve and gain traction, ApeCoin (APE) stands out as a prominent player, fueling the virtual ecosystem and offering a range of benefits to its users. However, ApeCoin (APE) has steadily declined over the last 30 days. As of writing, ApeCoin(APE) is up by 1.5%. However, it is down by 14% in the last 30 days, with its 24-hour trading volume decreasing by 16.86%. MASK Network (MASK): Powering The Revolution of Social Apps MASK Network (MASK) is an encrypted social messaging platform enabling secure crypto transactions and file-sharing. Its native token, $MASK, facilitates crypto transfers, grants access to platform features, and allows participation in community voting. Recently, MASK Network (MASK) has been in the news. MASK Network (MASK) recently revealed its 3rd Web3 Social Grant round, collaborating with Gitcoin and offering a $50k matching pool. They have also sponsored Decentralized Social Afternoons to foster a vibrant community. In addition, MASK Network (MASK) invested in Telegram's TON, aiming to provide innovative solutions to a broad user base. Furthermore, they received 257,540 ARB tokens from Arbitrum, distributing them to incentivize active community members and support the Mask DAO treasury. However, MASK Network’s (MASK) price has recently declined. The token is down by 2% as of writing. Its 24-hour trading volume has also slumped by 14.83%. Uwerx (WERX) Presale Continues to Surge Uwerx, an innovative cryptocurrency platform for freelancers and clients, is gaining traction with its exciting services and 1% flat fee. Having already secured audit approval from SolidProof and InterFi, Uwerx is currently in its stage 5 presale, moving past stage 1 to 4 within a few weeks while selling millions of WERX tokens. As a result of the rapid success of Uwerx's presale, the Uwerx team adjusted its token allocation, with the presale getting a boosted 57% (427.5 million WERX tokens) of the 700 million total token supply. The team has also announced that the stage 5 presale is set to go live soon. Furthermore, the native token, WERX, is currently priced at $0.041, experiencing significant growth from its starting price of $0.005. Industry experts are highly optimistic about the future of the Uwerx token, predicting it to surpass $3 by Q1 2024. However, Uwerx is achieving more success in other areas of the project. Excitingly, the anticipated Alpha Version of the platform has been launched, featuring the landing page and sign-in/sign-up pages. Additional features such as login, user dashboard, job posting, job search, and more will continue to be rolled out weekly/bi-weekly. Transition to the Beta version will follow soon, allowing users to test the new platform. Users can provide valuable feedback by emailing [email protected] Uwerx has also introduced a new feature called the Uwerx Vault, enabling users to stake their tokens for a preferred duration and earn rewards. As of writing, Uwerx has obtained 5,546 sign-ups and 1,627 and 1,456 followers on Twitter and Telegram, respectively. Initially planned to be locked for 25 years after the presale, the developer's liquidity tokens will be locked sooner after 82.8% of the Uwerx community votes in its favor. Details regarding the lock date will be announced shortly. Additionally, 92.8% of the Uwerx community has approved a test airdrop to validate user wallet addresses. The Uwerx team also plans to renounce ownership of smart contracts upon listing on centralized exchanges, highlighting their commitment to decentralization. With the recent price increase, Uwerx is nearing its proposed $0.095 to $0.115 launch price as the presale is set to close on July 31, 2023. So seize the moment to invest in the crypto market’s next big thing today and get a 15% bonus on all purchases. Buy Presale: https://invest.uwerx.network Telegram: https://t.me/uwerx_network Twitter: https://twitter.com/uwerx_network Website: https://www.uwerx.network Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

During the winter of 2020, the United States Securities and Exchange Commission fired the first bullet in what would eventually become a dragged-out legal battle against the entire cryptocurrency industry. On December 22nd, 2020, the SEC charged Ripple with conducting a $1.3 billion unregistered security offering, essentially alleging that their native cryptocurrency – XRP – […]