Crypto
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Friend.tech's plan to develop own blockchain leaves users confused
Decentralized social media platform Friend.tech has announced it will be teaming up with Conduit to develop its own blockchain, Friendchain. Source link
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What are validiums, and how do they work?
Validiums use zero-knowledge proofs to ensure the validity of transactions without revealing private data. Source link
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Binance reaches 200M users with $100B in assets under custody
The 200 million user mark represents over a third of all cryptocurrency holders worldwide. Source link
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Roaring Kitty’s GME shares hit $1B, BTC open interest soars, and other news: Hodler’s Digest, June 2-8
GameStop trader Roaring Kitty sees his GME stake rise to $1 billion, Bitcoin open interest spikes and new U.S. laws target digital assets. Source link
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Apple supercharging Siri and iOS with ‘Apple Intelligence’ and OpenAI
Social media and tech news pundits haven’t responded positively to the nomenclature. Source link
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The Sandbox raises $20M at $1B valuation, promises to expand creator economy
During a period when major metaverse projects are struggling to gain traction following the bear market of 2022 to 2023, Sandbox announced that it has added over 330,000 unique creators. Source link
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Solana-memecoin 'GME' explodes 150% ahead of Keith Gill's YouTube return
GME memecoin may see a significant correction, similar to the dramatic drop Dogecoin experienced following Elon Musk’s appearance on SNL. Source link
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ZkSync’s Gemholic project suspected $3.5M rug pull
Community members are currently trying to trace the Gemholic contract creator’s address, supposedly funded by Binance. Source link
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Sky Mavis recovers $5.7M from Ronin Bridge hack
Axie Infinity creator Sky Mavis said that some of the funds will cover the recovery costs, while the rest will return to the Axie treasury. Source link
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Zilliqa 2.0 upgrade enhances speed and cross-chain compatibility
Block times can also be adjusted as desired. The root mainnet shard features an average block time of just two seconds. Source link
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