In-world celebration includes live music, performance and shopping events, exhibitions and major sweepstakes. SAN FRANCISCO & NEW YORK–(BUSINESS WIRE)–Second Life – the leader in virtual worlds, metaverse innovations, and pioneer of virtual economies – announced today its 20th birthday celebration, also known as “SL20B,” beginning on June 22, 2023. Created in 2003 by Linden Lab founder Philip Rosedale, Second Life has evolved into one of the largest and most successful 3D virtual worlds, providing “residents” the opportunity to enhance and augment their physical lives by connecting them to thousands of engaging and vibrant virtual environments and communities. Since inception, more than 73 million accounts have been created in Second Life, with around 750K monthly active users. Today, Second Life provides a safe space for its residents to express their authentic selves. A thriving economy exists in Second Life: tens of thousands of creators around the world profit from selling millions of virtual items and services on Second Life’s marketplace, with more than 1.6M transactions within Second Life every day. “When we first shared Second Life with the world in 2003, we had one mission in mind: to create a positive, enriching experience for its residents. While others continue to try, no other company has come close to building a world like Second Life,” said Philip Rosedale, Founder of Second Life. “This would not be possible without the talented and endlessly inventive residents of Second Life, who have built communities dedicated to every conceivable interest. We’re excited for what is to come over the next 20 years as we continue to evolve, and we’re excited to welcome new generations to the world.” Other in-world activities and events include: Over 500 live performances including music and discussions “Shop & Hop” – Second Life’s largest shopping event of the year with nearly 500 merchants and creators Community exhibition spaces with over 300 exhibits and staffed by more than 200 resident volunteers Global and National sweepstakes including a Chevrolet Bolt EV, high-end computers and Second Life Premium membership subscriptions. Commemorative eZine/Guide and other limited-time products World premiere Documentary video on Second Year’s first 20 years And more “We’re proud and humbled by how our hundreds of thousands of residents have created positive, supportive, and accepting communities within Second Life,” said Brad Oberwager, CEO and Executive Chairman of Second Life. “Our commitment to rewarding freedom of expression, as well as protecting customer privacy, has helped establish Second Life as a successful pioneer in virtual economies, cultures, and communities over the past twenty years, and has allowed us to create a virtual world in which user identification and information is protected and not monetized for advertisers. We look forward to continuing to be a leader in virtual world and metaverse innovations.” Second Life recently announced plans to launch its first mobile application. Second Life also recently announced a partnership with Motown Records, the legendary record label, part of the Capitol Music Group, and STYNGR, the first music integration platform for gaming and the metaverse, to bring Motown’s music to the metaverse. About Second Life Second Life, developed and operated by Linden Research, Inc. (“Linden Lab”), is the groundbreaking virtual world enjoyed by millions around the globe. First launched in 2003, Second Life has since gone on to boast nearly two billion user creations and a vibrant $650 million USD economy. Founded in 1999, Linden Lab creates social platforms and licensed money services that empower people to create, share, and benefit from virtual experiences. To learn more, visit secondlife.com. Contacts Sara Zick Moxie Communications [email protected]

Get ready for the highly anticipated MoneyExpo India 2023, the premier B2B expo for the financial sector, returning to Mumbai for its second edition following last year’s incredibly successful event. MoneyExpo India 2023 will take place at the prestigious Jio World Convention Centre on the 12th and 13th of August 2023, bringing together thousands of industry professionals from around the region and the world in the vibrant city of Mumbai. This event presents an unparalleled opportunity for attendees to stay abreast of the latest trends in financial technology, network with industry leaders, and forge new relationships. With just a few weeks remaining until the expo commences, let’s delve into what you can expect this time around. Industry Powerhouses in Attendance Some of India`s largest and most successful financial companies have already confirmed their participation in MoneyExpo India 2023, companies joining the event as Diamond Sponsor TNFX and Platinum Sponsors for this edition include Just Markets, RRR CAPITAL, Dhan, B2Broker, PrimeX Broker. Discover the Full Agenda The final agenda has been officially confirmed! There is an exciting array of events and activities to look forward to at the expo. The Welcome Reception on 12th August will kickstart the proceedings, offering attendees the chance to mingle with industry leaders and experts in a relaxed setting before the main event. The expo will commence the following day, opening its doors to professionals eager to connect and exchange ideas. The expo floor, along with various locations within the convention centre, such as the Executive and Business Lounges, and The Café, will serve as a hub of expertise. Additionally, the Speaker Hall will host over 70 expert speakers leading insightful discussions on various industry- related topics. Co-Located Event MoneyExpo India is widely recognized as a leading event that brings together professionals, experts, and thought leaders from various sectors of the financial industry. The event serves as a hub for innovation, showcasing the latest advancements, technologies, and trends that shape the future of finance. This year’s edition promises to be even more impactful with Co-located Events Affiliates Expo and Payment Expo. Affiliates Expo focuses on the rapidly evolving field of affiliate marketing. It brings together affiliates, advertisers, publishers, and networks to explore new strategies, discuss industry challenges, and forge lucrative partnerships. Attendees will have the opportunity to engage with affiliate marketing experts, attend informative sessions, and discover innovative affiliate marketing solutions. The Payment Expo is dedicated to showcasing cutting-edge payment technologies, solutions, and trends. With the digital transformation revolutionizing the payment landscape, this expo provides a platform for payment providers, fintech companies, and industry professionals to exchange ideas, discuss emerging payment technologies, and explore collaborations. Attendees will gain valuable insights into the future of payments and connect with key players in the industry. Secure Your Pass Time is running out to secure your spot! Registration is still open, so make sure you register to claim your pass, which includes: Visitor Pass Visitor badge, Expo Access, Networking, Mobile App Business Pass Visitor badge, Expo Access, Networking, Mobile App, WI-FI, Conference, VIP Lounge VIP Pass Visitor badge, Expo Access, Networking, Mobile App, WI-FI, Conference, VIP Lounge, Lunch coupon X2, Award ceremony Don’t miss out on this extraordinary opportunity to connect, learn, and thrive at MoneyExpo India 2023. Register now and join us for an unforgettable experience! Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

VANCOUVER, British Columbia–(BUSINESS WIRE)–$NFT #NFT—NFT Technologies Inc. (NEO: NFT | Frankfurt: 8LO | OTCQB: NFTFF) (“NFT Tech”), a technology company pioneering the use of AI to create immersive, interactive experiences that bring a new level of utility to digital assets, and UneeQ, the cutting-edge creator of Digital Humans, today announced an exciting partnership aimed at bringing lifelike interactive AI to mainstream intellectual property partnership opportunities. The collaboration is expected to merge NFT Tech’s robust blockchain infrastructure and UneeQ’s best-in-class Digital Human technology, enabling brands to create and monetize engaging, immersive, and personalized digital human experiences across the digital collectibles market. “We are thrilled to be joining forces with UneeQ to redefine how brands and intellectual properties interact and engage with their audiences,” said Adam De Cata, CEO of NFT Tech. “The incorporation of lifelike digital humans in our digital solutions will add an emotional and personal layer to the experiences, fostering deeper connections and interactions between brands and their audiences.” This partnership aligns with NFT Tech’s previously announced suite of connected products, Breakout AI, that will drive innovation in the digital asset space by capitalizing on emerging technologies. It aims to transform how intellectual properties are perceived, moving beyond static digital assets to autonomous, interactive AI-powered entities. UneeQ’s Digital Human technology, powered by advanced AI and designed with high-quality CGI and animation, is all set to infuse a fresh breath of life into the digital assets created by NFT Tech. These digital humans can embody any brand’s values, tone of voice, and other unique characteristics, thereby offering a more relatable and engaging user experience. “When you think about some of the most engaging experiences you can have, they’re personal. It’s always been that way – whether it’s as a customer or as a fan, you want to feel like what you’re experiencing is personal and unique to you. Brands that offer that have always won,” said Danny Tomsett, CEO of UneeQ. “Through the power of AI, digital humans bring this personal touch to Web 3.0 worlds, ensuring people are immersed, engaged and able to interact to their hearts’ content.” The fusion of NFT Tech’s state-of-the-art blockchain infrastructure with UneeQ’s lifelike digital humans promises to open up unprecedented avenues for brands, artists, and creators to monetize their intellectual properties and deliver never-seen-before interactive digital experiences to their fans. For more information about Breakout AI and NFT Tech, visit breakout.nfttech.com. About NFT Tech NFT Tech is a leading technology company pioneering the use of AI and utility-infused digital assets to create immersive and interactive experiences. With a focus on intellectual property and AI, NFT Tech is transforming the way fans and consumers interact in the digital world. NFT Tech’s creative studio, Run it Wild, is a trusted partner to global brands across many industries, including sports, entertainment, and art. It is recognized for the Blockchain, NFT and Web3 Tech of the Year by the Sports Technology Awards and is the recipient of the first-ever Cannes Lion for an NFT Activation, one of the most respected and well-known awards in the industry. NFT Tech is publicly listed on the NEO exchange under the symbol NFT and on OCTQB under the symbol NFTFF. About UneeQ UneeQ is a pioneering technology company specializing in creating lifelike digital humans. Their state-of-the-art platform, powered by advanced AI, provides brands with a powerful tool to personalize and humanize their digital interactions, creating unforgettable experiences. Follow us on social media: twitter.com/nfttech medium.com/@nfttechnologies Cautionary Note on Forward-Looking Information This press release contains certain forward-looking statements within the meaning of applicable securities laws with respect to the Company. These forward-looking statements generally are identified by words such as “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” and similar expressions. Forward-looking statements in this press release include statements relating to the partnership with Uneeq and potential impact of incorporating Digital Human technology into NFT Tech’s offerings; the expansion of the Company’s AI and NFT developments and product offerings; the potential benefits, opportunities, and market demand for AI-driven NFT projects with Digital Human integration, and the overall success of the Breakout AI platform; the potential development and acceptance of AI technologies and related applications; plans for business expansion and growth; and the continued market acceptance of NFTs. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. The Breakout AI product, which is currently in development phases, still carries significant risk associated with delivering an enterprise grade product. Additionally, the integration of Digital Human technology also carries inherent risks associated with combining new technology into existing product structures. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release including, without limitation, the risk factors described in the Prospectus. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements included in this news release are expressly qualified by this cautionary statement. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable laws. No securities regulatory authority has either approved or disapproved of the contents of this news release. The Neo Exchange has not reviewed or approved this press release for the adequacy or accuracy of its contents. Contacts Email: [email protected] Phone: +1 (604) 800-5838

Shibarium nears completion, showcasing $BONE’s utility for L2 blockchain. Authenticated collectibles “Shibacals” have been introduced. “World Paper” to unveil the Shiba Inu ecosystem’s future and decentralization. Shytoshi Kusama, the founder of the renowned memecoin Shiba Inu, has recently penned a major update, treating the dog community to a feast of exciting news. The update includes updates on Shibarium, the launch of authenticated collectibles (Shibacals), and the upcoming World Paper. Within this update, the Shiba team shares a vision aimed at unleashing trust, authenticity, and unparalleled value generation within the crypto community. Shibarium Updates: Worth The Wait? Shy‘s vision entails a decentralized world where decentralized teams collaborate to bring projects to fruition. This vision is on the verge of becoming a reality with the imminent completion of Shibarium. It is where the utility of $BONE as a gas token will be showcased. Moreover, As the anticipation builds surrounding Shibarium, Shiba Inu’s deep contemplation reveals the profound implications of its impending realization. Besides the excitement, the Shiba team introduces Shibacals as an initiative that launches authenticated collectibles. These collectibles, known as Shibacals, will provide verifiable ownership. And scarcity of physical objects through the utilization of NFC chips and blockchain technology. This unique approach sets Shibacals apart, offering a new level of authenticity and value to the collectibles market. Furthermore, the Shiba team dispels any doubts about Shibacals’ exclusivity to Shibarium and reveals ongoing discussions with multiple blockchains to extend the reach of Shibacals’ authenticated collectibles. Meanwhile, As the world eagerly awaits the launch of Shibarium, Shy promises an even greater revelation in the future: the “World Paper.” This comprehensive document will unravel the intricacies of the Shiba Inu ecosystem, charting a path towards full decentralization, unveiling new partnerships, and providing details on the future of Shiba Inu’s transformative initiatives. Further, The article begins with a powerful quote, emphasizing the importance of careful planning and addressing the dog community’s concerns. It ends with the resolute determination of SHIB, representing its commitment to revolutionizing the decentralized world.

Bullish MKR price prediction for 2023 is $741 to $1106. Maker (MKR) price might reach $1100 soon. Bearish MKR price prediction for 2023 is $375. In Maker (MKR) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about MKR to analyze the future movement of the cryptocurrency. Maker (MKR) Current Market Status Current Price $758.08 24 – Hour Trading Volume $32,839,035 24 – Hour Price Change 3.34% UP Circulating Supply 977,631 All – Time High $6,292.31 (on May 03,2021) MKR Current Market Status (Source: CoinMarketCap) What is Maker (MKR)? Maker (MKR) is the governance token of the Maker protocol built on the Ethereum blockchain. MKR, was created by makerDAO and launched in 2015. Maker protocol and MakerDAO manage and provide the smart contracts ecosystem for one of the largest stablecoins, DAI. Maker ecosystem, thus, comprises two tokens, MKR and a decentralized stablecoin, DAI. It is an open-source project that is recognized as one of the largest dApps existing on the Ethereum blockchain. Maker (MKR) Price Prediction 2023 Maker (MKR) ranks 57th on CoinMarketCap in terms of its market capitalization. The overview of the Maker price prediction for 2023 is explained below with a daily time frame. MKR/USDT Descending Triangle Pattern (Source: TradingView) In the above chart, Maker (MKR) laid out a descending triangle patternThe descending triangle is most commonly seen during downtrends and is often interpreted as a bearish signal. The ascending triangle pattern is reversed in the descending triangle pattern. As the price continues to make lower highs, descending triangles indicate to investors and traders that sellers are more aggressive than buyers. When the price breaks out of the triangle in the direction of the overall trend, the pattern is complete. Contrary to popular belief, a descending triangle can be bullish or bearish. A regular descending triangle pattern is traditionally regarded as a bearish chart pattern. A descending triangle pattern, on the other hand, can be bullish. Price does not always remain entirely formed within the parallel lines of an ascending channel, but instead shows areas of support and resistance that traders can use to set stop-loss orders and profit targets. A breakout above an ascending channel may indicate a continuation of the upward trend, whereas a breakdown below an ascending channel may indicate a change in trend. At the time of analysis, the price of Maker (MKR) was recorded at $740.56. If the pattern trend continues, then the price of MKR might reach the resistance levels of $967. If the trend reverses, then the price of MKR may fall to the support of $594. Maker (MKR) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Maker (MKR) in 2023. MKR/USDT Resistance and Support Levels (Source: TradingView) From the above chart, we can analyze and identify the following as the resistance and support levels of Maker (MKR) for 2023. Resistance Level 1 $742 Resistance Level 2 $1104 Support Level 1 $502 Support Level 2 $376 MKR /USDT Support and Resistance Levels As per the above analysis, if Maker’s (MKR) bulls take the lead, then it might hit and break through its resistance level of $1104. Conversely, if Maker’s (MKR) bears dominate the trend, the price of MKR might plunge to $376. Maker (MKR) Price Prediction 2023 — RVOL, MA, and RSI The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Maker (MKR) are shown in the chart below. MKR/USDT RVOL, MA, RSI (Source: TradingView) The technical analysis indicator Relative Volume (RVOL) is used to measure the trading volume of an asset in relation to its recent average volumes. It is typically calculated by dividing the current day’s trading volume by the average volume over a specified period, such as the past 20 or 50 trading days. Also, it helps traders in identifying unusual trading activity and changes in market sentiment. At the time of analysis, the RVOL of Maker (MKR) was found below the cutoff line. Thus, it denotes a weak volume of participants trading in the current trend. The next technical indicator is the Moving Average (MA). This momentum indicator is used to smooth out price data and identify trends in the market. It helps in calculating the average price of an asset over a specific period. Particularly, the 50-day moving average (50 MA) evaluates the average closing price of the asset over the past 50 days. When the price of an asset is above 50MA, it is considered to be in an uptrend (bullish), and if laid below 50MA, it is in a downtrend (bearish). Notably, in the above chart, the MKR price lies above 50 MA (short-term), indicating its upward. Hence, MKR is in a bullish state. Although this is the current state, a trend reversal might occur. Next up is the Relative Strength Index (RSI). Significantly, this analysis indicator helps traders to determine the strength and momentum of an asset’s price movement over a specific period. In this analysis, the RSI is calculated by comparing the average gains and losses of the asset over the past 14 periods. The resulting value lies between a range of 0 and 100. Hence, the readings above 70 indicate an overbought state, and below 30 indicate an oversold state. Significantly, traders often use the RSI to identify potential trend reversals or to confirm the trend’s direction. For instance, if an asset is in an uptrend and the RSI reaches an overbought reading of 70, it may suggest that the asset is due for a pullback or correction. Conversely, if an asset is in a downtrend and the RSI is in an oversold reading of 30, it may suggest a potential reversal. At the time of analysis, the RSI of MKR is at 67.53. Therefore, this indicates MKR is an overbought state. Also, this confirms that MKR sends out a buy signal. Maker (MKR) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Maker (MKR) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI). MKR/USDT ADX, RVI (Source: TradingView) To analyze the strength of the trend momentum, let us take note of the Average Directional Index (ADX). The ADX value is derived from the two directional movement indicators (DMI) such as +DI and -DI and is expressed between 0 to 100. According to the data on the above chart, the ADX of MKR lies in the range of 24 pointing out a weak trend. The above chart also displays another technical indicator – the Relative Volatility Index (RVI). This indicator measures the volatility of an asset’s price movement over a specific period. With respect to the chart’s data, the RVI of MKR lies above 50, indicating high volatility. Comparison of MKR with BTC, ETH Let us now compare the price movements of Maker (MKR) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs MKR Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of MKR is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of MKR also increases or decreases respectively. Maker (MKR) Price Prediction 2024-2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Maker (MKR) between 2024 and 2030. Maker (MKR) Price Prediction 2024 If bulls dominate the price momentum and trend patterns, then Maker (MKR) might successfully test and surpass its resistance levels to hit $1210 by 2024. Maker (MKR) Price Prediction 2025 The significant upgrades in the Maker ecosystem might persuade the entry of an increased number of investors. This may eventually boost the Maker (MKR) price to reach $1215 by 2025. Maker (MKR) Price Prediction 2026 If Maker (MKR) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $1219. Maker (MKR) Price Prediction 2027 If Maker (MKR) sustains major resistance levels and stands as a better investment option in the market, then MKR would rally to hit $1225. Maker (MKR) Price Prediction 2028 If Maker (MKR) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, then MKR would hit $1231 by 2028. Maker (MKR) Price Prediction 2029 If investors flock in and continue to place their bets on Maker (MKR), then the crypto would witness major spikes. Hence, MKR might hit $1236by 2029. Maker (MKR) Price Prediction 2030 By 2030, the MKR price might rally to $1240 if the trend momentum aligns in favor of Maker. Furthermore, MKR would hold a positive market sentiment and be labeled as a long-term investment with highly profitable ROI. Conclusion If Maker (MKR) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Maker (MKR) price prediction for 2023 is $1104. Comparatively, the bearish Maker (MKR) price prediction for 2023 is $376. If there is a positive elevation in the market momentum and investors’ sentiment, then Maker (MKR) might hit $1200. Furthermore, with future upgrades and advancements in the Maker ecosystem, MKR might surpass its current all-time high (ATH) of $6,339.02 and mark its new ATH. FAQ 1. What is Maker (MKR)? Maker (MKR) is the governance token of the Maker protocol built on the Ethereum blockchain. 2. Where can you buy Maker (MKR)? Traders can trade Maker (MKR) on the following cryptocurrency exchanges such as Binance, OKX, BTCEX, Deepcoin, and Bitrue. 3. Will Maker (MKR) record a new ATH soon? With the ongoing developments and upgrades within the Maker platform, Maker (MKR) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Maker (MKR)? Maker (MKR) hit its current all-time high (ATH) of $6,339.02 on May 03 2021. 5. What is the lowest price of Maker (MKR)? According to CoinMarketCap, MKR hit its all-time low (ATL) of $21.06 on Jan 30, 2017. 6. Will Maker (MKR) hit $1100? If Maker (MKR) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $1100 soon. 7. What will be the Maker (MKR) price by 2024? Maker (MKR) price might reach $1210 by 2024. 8. What will be the Maker (MKR) price by 2025? Maker (MKR) price might reach $1215 by 2025. 9. What will be the Maker (MKR) price by 2026? Maker (MKR) price might reach $1219 by 2026. 10. What will be the Maker (MKR) price by 2027? Maker (MKR) price might reach $1225 by 2027. Top Crypto Predictions Bitcoin (BTC) Price Prediction 2023 Binance Coin (BNB) Price Prediction 2023 Sui (SUI) Price Prediction 2023 Disclaimer: The opinion expressed in this chart is solely the author’s. It does not interpret any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

The cyber expert would need to find key information in order to mint an NFT. The BND said that it was trying to recruit cybersecurity experts. In an effort to acquire blockchain expertise for the agency, Germany’s Federal Intelligence Service has launched around one thousand Non-fungible tokens (NFTs) on Ethereum. The Bundesnachrichtendienst (BND), Germany’s foreign intelligence service, has established a dog-themed non-fungible token (NFT) collection with an on-chain hunt for treasure to attract qualified cyber specialists. The Federal Intelligence Service (FISS) released its “Dogs of BND” collection in early June, which consists of 999 dog NFTs modeled after the BND’s guard and security canines and “different intelligence roles.” Unique Way of Hiring Moreover, the BND states on its website that the only way to get the NFTs is to locate the character string it put on Instagram, which leads to an Ethereum address. The cyber expert would need to use this knowledge to locate the collection in order to mint an NFT. The BND said that it was trying to recruit cybersecurity experts when it talked to the German crypto news portal BTC-Echo on June 19. There are twelve NFTs that have yet to be added to the collection. The BND has said that in the future, additional challenging tasks will be planned using these tokens as the reward. According to BTC-Echo, the BND is contemplating hosting a hacking contest revolving around smart contracts. The NFTs’ floor price and trading volumes have both soared as the collection has gained more attention. The base rate increased from 0.000001 ETH to 0.052 ETH, or around $100, between June 21 and June 22. Moreover, the collection’s liquidity hasn’t improved much despite the considerable increase in value. Only around 20 or so NFTs were likely sold by collectors on June 21, while the volume was roughly 1 ETH. Recommended For You: The Future of Spectral Stadiums NFTs Unveiled!

Developers claim that the new venture will invest in projects linked to the OPNX ecosystem. The defunct firm reportedly handled $10 billion in assets at its height. On June 21, the platform Open Exchange (OPNX), which allows users to trade claims against insolvent crypto companies, made an announcement about a new ecosystem partner that would be known as “3AC Ventures.” Developers claim that the new venture will invest in projects linked to the OPNX ecosystem. Su Zhu and Kyle Davies, who also formed the defunct Singaporean hedge fund Three Arrows Capital (3AC), established OPNX. Davies responded to the news by saying, “3AC is dead, long live 3AC Ventures.” Due to their exposure to the $40 billion collapse of the Terra Luna ecosystem in May 2022 and a string of unsuccessful leveraged trades during a cryptocurrency bear market, 3AC filed for bankruptcy in the British Virgin Islands in June 2022. After filing for bankruptcy, Davies and Zhu disappeared without a trace, while recent media reports place them in Dubai and Indonesia, respectively. Daily Average Volume Surges The defunct firm reportedly handled $10 billion in assets at its height. The total demands from creditors were $3.4 billion when the company declared bankruptcy. On June 15th, 3AC’s liquidators filed a petition in a U.S. court seeking to find Davies in contempt of court. Zhu, however, is not affected by the motion since his Singaporean citizenship shields him from U.S. jurisdiction. Although its April launch saw almost no trading activity, OPNX has already increased its daily average volume to over $30 million. On May 31st, the exchange released its native token, OX, which had a market worth of over $300 million at the time of writing. Recommended For You: Several Rare NFTs Owned by Insolvent 3AC Sold in Sotheby’s Auction

Bullish OP price prediction for 2023 is $1.5 to $2.287. Optimism (OP) price might reach $3 soon. Bearish OP price prediction for 2023 is $0.668. In this Optimism (OP) price prediction 2023, we will analyze the price patterns of OP by using accurate trader-friendly technical analysis indicators and also predict the future movement of the cryptocurrency. Optimism (OP) Current Market Status Current Price $1.41 24 – hour trading volume $294,587,971 24 – hour price change 2.96% UP Circulating supply 644,594,782 All – Time High $4.5692 (May 31, 2022) OP Current Market Status (source: CoinMarketCap) What is Optimism (OP)? Optimism (OP) is a layer-two blockchain on top of Ethereum. Optimism benefits from the security of the Ethereum mainnet and helps scale the Ethereum ecosystem by using optimistic rollups. It is one of the biggest scaling solutions for Ethereum with over $300 million in TVL. Optimism is led by the Optimism Foundation, a nonprofit organization dedicated to growing the Optimism ecosystem. Furthermore, it aims for the minimum number of moving parts while building a layer-two solution for Ethereum. Optimism (OP) Price Prediction 2023 Optimism (OP) ranks 44th on CoinMarketCap in terms of its market capitalization. The overview of the Optimism price prediction for 2023 is explained below with a daily time frame. OP/USDT Descending Channel Pattern (Source: Tradingview) In the above chart, Optimism (OP) laid out a descending Channel Pattern. Descending Channel Pattern also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market. At the time of analysis, the price of Optimism (OP) was recorded at $1.37. If the pattern trend continues, then the price of OP might reach the resistance levels of $2.135 and $2.791. If the trend reverses, then the price of OP may fall to the support of $1.051. Optimism (OP) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Optimism (OP) in 2023. OP/USDT Resistance and Support Levels (Source: Tradingview) From the above chart, we can analyze and identify the following as the resistance and support levels of Optimism (OP) for 2023. Resistance Level 1 $1.5 Resistance Level 2 $2.287 Support Level 1 $0.983 Support Level 2 $0.668 OP Resistance & Support Level As per the above analysis, if Optimism’s (OP) bulls take the lead, then it might hit and break through its resistance level of $2.287. Conversely, if Optimism’s (OP) bears dominate the trend, the price of OP might plunge to $0.668. Optimism (OP) Price Prediction 2023 — RVOL, MA, and RSI The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Optimism (OP) are shown in the chart below. OP/USDT RVOL, MA, RSI (Source: Tradingview) The technical analysis indicator Relative Volume (RVOL) is used to measure the trading volume of an asset in relation to its recent average volumes. It is typically calculated by dividing the current day’s trading volume by the average volume over a specified period, such as the past 20 or 50 trading days. Also, it helps traders in identifying unusual trading activity and changes in market sentiment. At the time of analysis, the RVOL of Optimism (OP) was found below the cutoff line. Thus, it denotes a weak volume of participants trading in the current trend. The next technical indicator is the Moving Average (MA). This momentum indicator is used to smooth out price data and identify trends in the market. It helps in calculating the average price of an asset over a specific period. Particularly, the 50-day moving average (50 MA) evaluates the average closing price of the asset over the past 50 days. When the price of an asset is above 50MA, it is considered to be in an uptrend (bullish), and if laid below 50MA, it is in a downtrend (bearish). Notably, in the above chart, the OP price lies below 50 MA (short-term), indicating its downward. Hence, OP is in a bearish state. Although this is the current state, a trend reversal might occur. Next up is the Relative Strength Index (RSI). Significantly, this analysis indicator helps traders to determine the strength and momentum of an asset’s price movement over a specific period. In this analysis, the RSI is calculated by comparing the average gains and losses of the asset over the past 14 periods. The resulting value lies between a range of 0 and 100. Hence, the readings above 70 indicate an overbought state, and below 30 indicate an oversold state. Significantly, traders often use the RSI to identify potential trend reversals or to confirm the trend’s direction. For instance, if an asset is in an uptrend and the RSI reaches an overbought reading of 70, it may suggest that the asset is due for a pullback or correction. Conversely, if an asset is in a downtrend and the RSI is in an oversold reading of 30, it may suggest a potential reversal. At the time of analysis, the RSI of OP is at 50.80. Therefore, this indicates OP is neither overbought nor oversold state. Optimism (OP) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Optimism (OP) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI). OP/USDT ADX, RVI (Source: Tradingview) To analyze the strength of the trend momentum, let us take note of the Average Directional Index (ADX). The ADX value is derived from the two directional movement indicators (DMI) such as +DI and -DI and is expressed between 0 to 100. According to the data on the above chart, the ADX of OP lies in the range of 44.626 pointing out a strong trend. The above chart also displays another technical indicator – the Relative Volatility Index (RVI). This indicator measures the volatility of an asset’s price movement over a specific period. With respect to the chart’s data, the RVI of OP lies above 50, indicating high volatility. Comparison of OP with BTC, ETH Let us now compare the price movements of Optimism (OP) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs OP Price Comparison (Source: Tradingview) From the above chart, we can interpret that the price action of OP is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of OP also increases or decreases respectively. Optimism (OP) Price Prediction 2024-2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Optimism (OP) between 2024 and 2030. Optimism (OP) Price Prediction 2024 If bulls dominate the price momentum and trend patterns, then Optimism (OP) might successfully test and surpass its resistance levels to hit $5 by 2024. Optimism (OP) Price Prediction 2025 The significant upgrades in the Optimism ecosystem might persuade the entry of an increased number of investors. This may eventually boost the Optimism (OP) price to reach $10 by 2025. Optimism (OP) Price Prediction 2026 If Optimism (OP) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $12. Optimism (OP) Price Prediction 2027 If Optimism (OP) sustains major resistance levels and stands as a better investment option in the market, then OP would rally to hit $15. Optimism (OP) Price Prediction 2028 If Optimism (OP) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, then OP would hit $19 by 2028. Optimism (OP) Price Prediction 2029 If investors flock in and continue to place their bets on Optimism (OP), then the crypto would witness major spikes. Hence, OP might hit $23 by 2029. Optimism (OP) Price Prediction 2030 By 2030, the OP price might rally to $28 if the trend momentum aligns in favor of Optimism. Furthermore, OP would hold a positive market sentiment and be labeled as a long-term investment with highly profitable ROI. Conclusion If Optimism (OP) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Optimism (OP) price prediction for 2023 is $2.287. Comparatively, the bearish Optimism (OP) price prediction for 2023 is $0.668. If there is a positive elevation in the market momentum and investors’ sentiment, then Optimism (OP) might hit $3. Furthermore, with future upgrades and advancements in the Optimism ecosystem, OP might surpass its current all-time high (ATH) of $4.57 and mark its new ATH. FAQ 1. What is Optimism (OP)? Optimism is a fast, stable, and scalable L2 blockchain designed by Ethereum developers for Ethereum developers. 2. Where can you buy Optimism (OP)? Traders can trade Optimism (OP) on the following cryptocurrency exchanges such as Binance, OKX, BTCEX, Deepcoin, and Bitrue. 3. Will Optimism (OP) record a new ATH soon? With the ongoing developments and upgrades within the Optimism platform, Optimism (OP) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Optimism (OP)? Optimism (OP) hit its current all-time high (ATH) of $4.57 on June 01, 2022. 5. What is the lowest price of Optimism (OP)? According to CoinMarketCap, OP hit its all-time low (ATL) of $0.4005 On June 19, 2022. 6. Will Optimism (OP) hit $3? If Optimism (OP) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $3 soon. 7. What will be the Optimism (OP) price by 2024? Optimism (OP) price might reach $5 by 2024. 8. What will be the Optimism (OP) price by 2025? Optimism (OP) price might reach $10 by 2025. 9. What will be the Optimism (OP) price by 2026? Optimism (OP) price might reach $12 by 2026. 10. What will be the Optimism (OP) price by 2027? Optimism (OP) price might reach $15 by 2027. Top Crypto Predictions Pepe (PEPE) Price Prediction 2023 Bitcoin (BTC) Price Prediction 2023 Sui (SUI) Price Prediction 2023 Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

Radius, a cutting-edge blockchain firm that pioneered the trustless shared sequencing layer, has announced that it has secured $1.7 million in pre-seed funding. Hashed took the lead in the fundraising round, while Superscrypt, Lambdaclass (Ergodic Fund), and Crypto.com also took part. Due to its scalability, rollups are a growing number of people’s preferred options for many applications, including DeFi. Properly decentralizing its operation and structuring economical design has emerged as the best alternative for the rollup-centric ecosystem. Radius is committed to providing Rollups an affordable and long-lasting solution, shielding its customers from dangerous Miner Extractable Value (MEV). This is accomplished using Practical Verifiable Delay Encryption (PVDE), a ground-breaking zk technique created by Radius. While still increasing income for Rollups, the shared sequencing layer with PVDE guarantees that consumers are safeguarded against dangerous MEV in a genuinely trustless manner. Along with joining the Celestia Ecosystem, Radius recently disclosed a relationship with Saga and the Rollup-as-a-Service. Through this agreement, the rollup technology will grow further, and the blockchain ecosystem’s security will be improved. Along with these successes, Radius is now developing 360, an MEV-resistant decentralized exchange. This new DEX is anticipated to dramatically improve user experience and security in the DeFi market thanks to Radius’ shared sequencing layer. Radius recently organized a conference titled “Scaling 2023: The Renaissance” as part of their ongoing interaction with the larger blockchain community. Famous speakers from organizations like Starkware, Flashbots, and Osmosis spoke at the event, which further cemented Radius’ reputation as an industry thought leader.

X-Spot Co. Limited, owned by Li Lin, reportedly sued Huobi Global. Li Lin’s brother was accused by Justin Sun of dumping sums of Huobi’s native token (HT). Huobi founder Li Lin claims that the cryptocurrency exchange is in violation of the terms of the purchase agreement by making use of the Huobi brand. X-Spot Co. Limited, owned by Li Lin, reportedly sued Huobi Global for trademark infringement at the High Court of the Hong Kong Special Administrative Region, as reported by Chinese crypto reporter Colin Wu. Li Lin’s business, X-Spot, filed an action against the cryptocurrency exchange because it had restarted using the “Huobi” brand without authorization. Even though About Capital Management has acquired Huobi’s stock, the company’s trademark will remain in the hands of the company’s original owners per the terms of the deal. The lawsuit further highlighted the fact that the buyer was specifically forbidden from utilizing the Huobi name and trademark as part of the stock transfer agreement. Huobi Token (HT) Surges Li Lin’s brother was accused by Tron founder Justin Sun of dumping substantial sums of Huobi’s native token (HT), leading Sun to freeze Li Lin’s brother’s accounts and prompt the cryptocurrency exchange to begin using the brand again. Meanwhile, neither Huobi Global nor Justin Sun has issued a remark on the lawsuit. Authorities in Malaysia recently demanded that Huobi end all of its activities there on the grounds that the company was doing so unlawfully. The exchange’s token has been doing well recently despite the continuing legal dispute. The cryptocurrency’s weekly and daily charts have both turned green, signifying strong market success. The token’s value seems to be unaffected by the ongoing legal proceedings involving the parent firm. Recommended For You: Ripple Unlocks New Milestone by Securing Payment License in Singapore

Bitcoin price witnessed a rally following BlackRock’s submission of a spot BTC ETF. BTC has increased by 5.12% during the past 24 hours. Despite concerns surrounding the economy and regulatory actions targeting particular crypto exchanges, Bitcoin’s price exhibited remarkable resilience, surging past $30,000 and demonstrating sustained growth over the past few days. Reports indicate that the present value of BTC stands at $30,331.07, accompanied by a 24-hour trading volume of $31,662,818,930. Within the last 24 hours, BTC has risen by 5.12%. BTC price chart (source: TradingView) Following BlackRock’s submission of a spot BTC ETF application to the SEC on June 15, Bitcoin’s price saw a notable rally, and BlackRock stands out as the largest applicant among all current contenders for a Bitcoin ETF. With over $8.5 trillion in assets under management, BlackRock, the world’s largest asset manager, has chosen Coinbase as the custodian for the BTC held in the trust, as stated in the filing submitted to the SEC. Investment Firms Follow BlackRock’s Lead Following BlackRock’s recent application, four additional investment firms have taken steps to file for spot Bitcoin exchange-traded funds (ETFs), capitalizing on the momentum created by the investment giant’s move. On Tuesday, June 20, WisdomTree, an ETF provider, re-submitted their application seeking regulatory approval for the launch of the WisdomTree Bitcoin Trust. The trust is planned to be listed on the Cboe BZX Exchange with the ticker symbol “BTCW.” Having approximately $93 billion in assets under management, New York-based WisdomTree has faced rejection from the U.S. SEC twice in its pursuit of approval for a spot Bitcoin ETF. The SEC declined their applications in December 2021 and October 2022. Invesco Makes a Move Invesco, a renowned investment company managing an impressive $1.49 trillion in assets as of May 2023, submitted its application for a spot Bitcoin ETF on Tuesday, mirroring the actions of WisdomTree. In the past, Invesco made attempts to introduce a Bitcoin futures ETF but ultimately halted their endeavors in October 2021. This decision came after ProShares’ futures ETF obtained approval and commenced trading ahead of them. Speculations are rife that Fidelity, a renowned investment giant, is preparing to enter the crypto sector by developing a Bitcoin ETF of its own. Moreover, rumors indicate that Fidelity is exploring the possibility of acquiring Grayscale, a leading crypto asset manager, as part of its ambitious foray into the crypto industry. In a trend seen across several financial firms, Valkyrie, a cryptocurrency fund manager, has submitted an application for a Bitcoin spot exchange-traded fund (ETF) to the United States Securities and Exchange Commission (SEC). On June 21, Valkyrie filed an S-1 registration form for its Bitcoin spot ETF, with intentions to list the fund on the Nasdaq exchange under the ticker symbol BRRR. Albeit, due to concerns about the volatility and potential market manipulation associated with cryptocurrencies, the SEC has consistently denied or delayed decisions on a physical Bitcoin ETF. However, the recent surge in applications, triggered by BlackRock’s filing last week, indicates that major asset management giants are recognizing the increasing demand for regulated investment options in the crypto industry. Recommended For You: Bitcoin (BTC) Price Prediction 2023

Spot Bitcoin ETF registration with the SEC was submitted by Valkyrie on June 21. Bitcoin’s increased by almost 20%, surpassing $30,000 amid the ETF filing trend. Financial powerhouse Valkyrie is the latest to apply to the U.S. Securities and Exchange Commission (SEC) for approval to launch a spot Bitcoin Exchange-traded fund (ETF). Spot Bitcoin ETF registration with the SEC was submitted by Valkyrie on June 21. They want to have the fund listed on the Nasdaq under the symbol BRRR. When it comes to the introduction of Bitcoin-related derivative products, Valkyrie has been an early player. The Valkyrie Bitcoin Strategy Exchange Traded Fund (ETF) debuted in the United States in October 2021. The business also introduced the Valkyrie Balance Sheet Opportunities (VBB) in December of the same year. However, in October of 2022, VBB was dissolved. All Eyes on SEC With the purpose of providing investors with more easily accessible and regulated choices to participate in the bitcoin market, companies including Valkyrie, BlackRock, Bitwise, Invesco, and WisdomTree are aggressively pursuing permission for ETFs. These changes demonstrate the industry’s continued growth and maturity, with ETFs emerging as a key instrument for investors seeking regulated exposure to Bitcoin. It should be noted, however, that the US SEC has historically shot down a number of plans for failing to provide enough safeguards for investors. However, many market participants think things will be different this time around because of BlackRock’s entry. Bitcoin’s price reversed its downward trend and increased by almost 20%, surpassing $30,000, when BlackRock applied for a spot Bitcoin ETF. There has been significant whale activity as a result of this as well. At the time of writing, Bitcoin is trading at $30,090 as per data from CMC.

Industrial Canvas delivers the ultimate no-code experience to derive cross-data source insights and drive high-quality production optimization, maintenance, safety, and sustainability decisions OSLO, Norway & AUSTIN, Texas–(BUSINESS WIRE)–#AI—Cognite, a globally recognized leader in industrial software, today announced Industrial Canvas, an intuitive, composable, visual workspace that revolutionizes data exploration and visualization. Industrial Canvas is built on top of the market-leading Industrial DataOps foundation within Cognite’s core platform, Cognite Data Fusion®, and is powered by Cognite AI, a comprehensive suite of Generative AI capabilities. With Industrial Canvas, Cognite makes cross-data source insights available to everyone, at all levels of the organization, to easily build specific use case applications. This decreases time spent searching for data and increases time spent collaborating, accelerating high-quality business decisions by 90%. “Industrial Canvas makes data ‘speak human,’ as for every one person that can ‘speak code,’ there are 100s who cannot,” says Geir Engdahl, Chief Technology Officer at Cognite. “Industrial Canvas can now empower everyone utilizing data to inform their daily production optimization, maintenance, safety, and sustainability decisions with simple access to complex industrial data – in their language and on their terms.” Industrial Canvas is a collaborative environment where users can view all data types (documents, engineering diagrams, sensor data, images, 3D models, and more), choose to share workspaces, tag users, and share insights as comments. Industrial Canvas is unique in the way it leverages contextualized data and Generative AI. “With Cognite, we’ve already increased efficiencies, reduced fuel consumption, and improved production flow and maintenance – and we’ve scaled across our Houston plant and three vessels in Antarctica,” says Matts Johansen, CEO at Aker BioMarine. “Now with Industrial Canvas, we are on the forefront of leveraging Generative AI to further support our people and enable them to use their specialist knowledge to drive our organization forward.” Cognite uses Generative AI to enhance data onboarding, complete with lineage, quality assurance, and governance, while a unique Generative AI architecture enables deterministic responses from a native AI Copilot. This allows subject matter experts to answer operational questions, compile and develop no-code applications, and analyze complex scenarios without a single line of code. Industrial Canvas overcomes the challenges of other single pane of glass solutions, which often over-promise capabilities and are too rigid with prescribed workflows, preventing users from working with the data how they choose. Cognite Data Fusion’s Industrial Canvas is available in beta for select customers participating in the early adopter program on Cognite Hub. About Cognite Cognite is a globally recognized leader in industrial software with a clear vision: to rapidly empower industrial companies with accessible, trustworthy, and contextualized data and drive the full-scale digital transformation of asset-heavy industries. With its market-leading Industrial DataOps platform, Cognite Data Fusion®, and a comprehensive suite of Industrial Generative AI capabilities, Cognite AI, Cognite makes it easy for decision-makers to access and understand complex industrial data. Cognite Data Fusion® is a user-friendly, secure, and scalable platform that enables industrial data and domain users to collaborate quickly and safely to develop, deploy, and scale Industrial Generative AI solutions that deliver both profitability and sustainability. Visit us at www.cognite.ai and follow us on LinkedIn and Twitter. Contacts Michelle Holford Vice President, Global PR Cognite [email protected]

Canadian regulators have failed to serve the interests of the people. Jeff Kirdeikis shows his support for the crypto exchange Binance. Jeff Kirdeikis, the CEO of TrustSwap, has expressed his disappointment in Canadian regulations. He claims that Canadian regulators have failed to serve the interests of the people. Jeff Kirdeikis’s controversial tweet got the attention of the crypto community. On June 21, TrustSwap’s CEO tweeted, “Canadian regulators are a joke.” He has been forced to pull his money from the most reputable and safe CEX out there. Moreover, the regulators are not serving the people. Canada Tightens Its Regulation Canadian regulators have been continuously tightening the regulations for the crypto trading platform in recent months with the introduction of the pre-registration process. According to the Ontario Securities Commission website, companies that do not adhere to the rules may face regularity actions. The country has announced a series of regulations for cryptocurrency exchanges, including investor limits and requirements for registration. In this pre-registration process, exchanges and other companies will have to follow the custody rules, which discuss the separation of crypto assets held for local clients, a ban on margin or other forms of leverage, and a ban on selling stablecoins without the CSA’s permission. According to the report, Unregistered cryptocurrency trading platforms now have 30 days to provide a new pre-registration undertaking. Companies that are unable or unwilling to comply are expected to be banned in Canada and remove Canadian users. Binance Departs from Canada After the new regulations, the world’s largest crypto exchange, Binance, announced that it was withdrawing from Canada. Binance stated that It disagrees with the latest guidelines and aspires to collaborate with Canadian regulators to develop a thorough framework for crypto activities in the country. Binance mentioned that the Canadian market is no longer available for Binance due to the recent guidelines offered to crypto exchanges about stablecoins and investor limitations. Changpeng Zhao, the CEO of Binance, has stated that the exchange still believes that it will return to the Canadian market when Canadian customers once again access a wider range of digital assets without restriction. TrustSwap CEO Supports Changpeng Zhao In the tweet, Jeff Kirdeikis mentioned, “Keep up the fight,” to show his support for the crypto exchange Binance, which has left the Canadian market disagreeing with the new crypto guidelines. Moreover, the crypto exchange is now fighting against the lawsuit filed by the U.S. Securities and Exchange Commission. Jeff Kirdeikis also added that Bitcoin reached the landmark of $30,000 and will surge more. Cryptocurrency is the future of money. The corrupt regulator and politicians can try to stop the future of money, but they can’t do that. Bitcoin brings the power back to the people, he mentioned in his tweet. A crypto enthusiast replied to his tweet, questioning whether TrustSwap is based out of Canada. He replied that it used to be that TrustSwap left because of regulations and high taxes. Moreover, a lot of crypto enthusiasts continue to show their support for Jeff Kirdeikis’s disagreement against Canadian Regulations.

House Committee voting on digital assets’ transition from securities to commodities. Separate legislation seeks a comprehensive regulatory framework for stablecoins. The U.S. is aiming for balanced crypto innovation and consumer protection. This July, the U.S. House Financial Services Committee, under its Chair, Patrick McHenry, is slated to vote on two pivotal pieces of legislation. These laws could decisively influence the future of digital assets, particularly cryptocurrencies and stablecoins. In particular, the committee seeks to carve out a well-defined route for digital assets to transition from being classified as securities to commodities. Notably, commodities tend to carry lighter reporting and regulatory burdens. This shift would significantly ease some constraints on the thriving crypto market. According to reports, McHenry, a Republican from North Carolina, announced a regular oversight hearing with Federal Reserve Chair Jerome Powell. Besides his pivotal role, another Republican, Glenn ‘GT’ Thompson, chair of the House Agriculture Committee, has been instrumental in drafting the legislation. However, the bills will require backing from Senate Democrats and the signature of President Joe Biden to become law. Structuring Stablecoin Regulation Additionally, the committee will deliberate a separate bill to establish a comprehensive regulatory framework for stablecoins. On the same note, Arkansas Republican, French Hill, has primarily authored this legislation, with substantial input from McHenry. Similarly, stablecoins pegged to a stable asset, such as a traditional fiat currency, have surged in popularity. Consequently, this legislation could bring much-needed clarity and security to this sector of the crypto market. In addition, the July session is poised to allow committee members to introduce amendments to the bills’ texts. The final versions will then undergo an up or down vote to determine if they advance favorably out of the panel. Moreover, a successful committee vote would tee up the bills for consideration in the full House of Representatives. In conclusion, this July’s legislative efforts underscore the U.S. government’s move to respond to the crypto industry’s rapid evolution. Hence, these potential laws represent an essential step toward establishing a regulatory environment supporting continued innovation in the United States. Simultaneously, they aim to ensure consumer protection in the dynamic digital assets domain.

SINGAPORE & SAN FRANCISCO–(BUSINESS WIRE)–Ripple, the leader in enterprise blockchain and crypto solutions, today announced that its Singapore subsidiary Ripple Markets APAC Pte Ltd, has obtained In-Principle Approval of the Major Payments Institution License application from the Monetary Authority of Singapore (MAS). This license will allow Ripple to offer regulated digital payment token products and services in the city state, and further scale its customers’ use of its crypto-enabled On-Demand Liquidity (ODL) service. Ripple experienced unprecedented business momentum for ODL globally in 2022 – with a majority of this growth driven by its Singapore operations. In 2022, well over a majority of global ODL transactions flowed through Singapore, which serves as the company’s Asia Pacific headquarters. As a result of this monumental growth trajectory, Ripple doubled its headcount in Singapore over the past year across key functions such as business development, compliance, finance, legal, and sales – with plans to continue increasing its presence in the world’s fastest growing region. “Singapore is a leading global financial center, and a prominent gateway to business in Asia Pacific. We’re incredibly proud to receive an in-principle license from the MAS, reaffirming our commitment to the region and ongoing proactive engagement with regulators globally,” said Brad Garlinghouse, Chief Executive Officer of Ripple. “The MAS continues to be a global leader in establishing clear rules of the road to recognise the innovation and real-world utility of digital assets, and its benefits to the global financial system. We look forward to strengthening this partnership to collectively propel the growth and development of the digital assets ecosystem in Singapore.” “As more countries develop regulatory frameworks for crypto, many are looking to Singapore’s early leadership in developing a clear taxonomy and licensing framework. This in-principle regulatory approval from the MAS will enable us to better support our forward-looking customers looking to hone in on blockchain and crypto technologies to build a more inclusive and borderless financial system,” said Stu Alderoty, Chief Legal Officer of Ripple. As part of Ripple’s ongoing engagement with the MAS, Brad will be taking the stage at the Point Zero Forum in Zurich, Switzerland on June 27, 2023, to discuss the resurgence of innovation in digital assets through investment and thoughtful regulation. About Ripple Ripple is the leader in enterprise blockchain and crypto solutions, transforming how the world moves, manages and tokenizes value. Ripple’s business solutions are faster, more transparent, and more cost effective – solving inefficiencies that have long defined the status quo. And together with partners and the larger developer community, we identify use cases where crypto technology will inspire new business models and create opportunity for more people. With every solution, we’re realizing a more sustainable global economy and planet – increasing access to inclusive and scalable financial systems while leveraging carbon neutral blockchain technology and a green digital asset, XRP. This is how we deliver on our mission to build crypto solutions for a world without economic borders. Contacts Sheryl Tham [email protected]

Singapore’s Monetary Authority (MAS) has granted Ripple an in-principle license for a Major Payment Institution License. The approval comes amidst regulatory challenges faced by Ripple, including the ongoing lawsuit with the SEC in the United States. Ripple, a prominent blockchain company, secures in-principle approval for a Major Payment Institution License from the Monetary Authority of Singapore (MAS), the central bank of Singapore. This approval comes at a time when the crypto industry is grappling with increasing regulatory scrutiny in its home country, the United States. Particularly the ongoing lawsuit with the US Securities and Exchange Commission (SEC) However, this significant development marks a major milestone for Ripple. As the approval positions the company as a trusted and regulated player within Singapore. The Major Payment Institution Licence will enable Ripple to expand its operations and offer its innovative payment solutions to businesses and consumers in the South Asian region (APAC). In addition, the approval from the MAS underscores the country’s commitment to fostering innovation in the financial technology sector. While maintaining robust regulatory oversight. Singapore has emerged as a leading global hub for blockchain and cryptocurrency companies. Due to its progressive approach and supportive regulatory framework. While the cryptocurrency industry faces increased scrutiny and tightening policies in the US, Ripple’s approval in Singapore brings a glimmer of positive news. It highlights the potential for international expansion. And the importance of fostering an enabling environment for blockchain and cryptocurrency companies to thrive. Moreover, Ripple native cryptocurrency XRP price surged more than 3.6% in a day and 7% in the past week to trade at $0.5152. Also, XRP holds a 24 hours trading volume of $2B, which climbs over 31% and market cap of $27B. Recommended for you Ripple (XRP) Price Prediction 2023

Ledger Recovery white paper is released in Ledger Labs. The goal of the Ledger seed recovery tool is to enhance transparency and provide security. As Q3 of 2023 is near completion, something huge awaits in Q4 from the hardware crypto wallet company. From the reports available, it is noted that the Ledger seed recovery tool is yet to launch though it has sustainable criticism. Charles Guillemet, the Chief Security Officer in the Ledger who is also an expert in the Cryptography world along with the hardware security sector, tweeted the publication of Ledger’s white paper. He also mentioned that this is been building on 150 applications and some other public Ledger for implementation. This white paper has led the way to audit the cryptographic protocols thereby recovering the security precisely. Coincover, the digital asset security and insurance provider firm that provides this forthcoming launch service launch, says Charles Guillemet. He also added: For public reference, the white paper on Ledger Recover is made available on GitHub, a cloud-based platform for software developers. Moreover, this GitHub has a version control called Git for code storage and management. What Does This Ledger Recover Include? Starting the services with the operational flows which include seed backup followed by restoring and secured deletion of the particulars. The team has set an implementation strategy to split the seed into shares involving a secured key distribution technology called Shamir backup. The white paper then adds the feature of user accessibility of Ledger for flexible recovery. Guillemet highlighted the recovery option for the users’ support and commitment purposes. Opinions From Crypto Firm Officials Other than Charles Guillemet, the representatives from Polygon Labs and Binance added some perspective on processing the Ledger seed recovery tool. Mudit Gupta, security research from Polygon Labs said: Meanwhile, Changpeng Zhao, the CEO of the top cryptocurrency exchange, Binance said: And these issues are been resolved from Guillemet’s statement which says that this seed recovery solution won’t change the security in any of the Ledger devices. It is evident that all the measures are enlisted on the white paper so that the researchers, enthusiasts, and crypto developers can clearly of understanding this system. A Walk Through The Roadmap The published white paper drives the roadmap phases for public sources with the processes held to complete. It has four phases in which the first phase is done with more than 50 applications. Furthermore, the second phase starts with the whitepaper launch of the Ledger seed recovery tool-based crypto protocol. And this has been done now so that it concludes the state is held in the white paper release. Apparently, the third phase defines the tool implementation of sharing the backup provider yet this is the specific part of Recovery. The rest phase is all about the additional modularization of the possibilities that could be trusted. Obviously, Charles Guillemet declared the goal of this launch is to increase the transparency ahead. But, the security of the Ledger won’t be affected, he guarantees.

The last time Bitcoin reached the 30K mark was in April 2023. BTC has surged more than 10% in the last 24 hours. Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, has reached the $30K mark for the second time this year. The last time Bitcoin reached the 30K mark was in April 2023, according to CoinMarketCap. On May 21, Bitcoin experienced a significant surge that helped it reach the $30,000 trading price milestone. The sudden surge in Bitcoin boosts investors’ confidence and the whole crypto market. Bitcoin’s Performance in 2023 Bitcoin has witnessed a lot of ups and downs in 2023. BTC has started the year with a trading price around the $20K mark and clearly shows bullish intent. In April, Bitcoin reached a new high in trading price. BTC has crossed the psychological mark of $30k for the first time since June 2022. Moreover, with this significant milestone, Bitcoin became the top-performing asset in the crypto market in Q1 of 2023. The performance of BTC has gained remarkable attention in the crypto market. Investors have started expecting the bullish trend of Bitcoin to continue and reach its next high. However, after crossing the $30K mark, BTC suddenly falls below the $28K mark within a few days. A lot of factors continue to affect the crypto market, which has started reflecting on the Bitcoin trading price. The continuous lawsuit against the crypto firms by the U.S. Securities and Exchange Commission had a great impact on the crypto market. Following that, Bitcoin fell for consecutive days from its peak of $30k. Moreover, the Fed’s interest rate hike is also expected to be one of the factors that affect the BTC trading price. After that, the trading price of Bitcoin continued to decline and traded at around the 25K mark. The whole crypto market has witnessed a downward trend after the SEC filing against the leading crypto exchanges, Binance and Coinbase. Peter Schiff, the founder of Schiff Gold, has expressed his view on BTC reaching the $28K mark yesterday. Peter Schiff stated that this price surge hasn’t been achieved due to any type of brokerage platform. Several Factors Contributed to the BTC Surge However, the SEC’s effect on BTC didn’t last for long. As the world’s largest cryptocurrency, BTC has broken $30,000 for the second time this year. The cryptocurrency has surged more than 10% over the last 24 hours. The BTC’s surge comes as several incidents take place, including BlackRock’s filing for spot Bitcoin ETF applications. On Tuesday, the EDX cryptocurrency exchange announced that it will provide four tokens in the United States, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. Following the announcement, Bitcoin Cash (BHC) has also increased, rising 25% on the day. Moreover, the German-based Deutsche Bank announced that it has applied for a digital asset custody license in Germany. The news boosts the crypto market as the leading financial provider in Germany is interested in crypto adoption. At the time of writing, the trading price of Bitcoin is around $30,073, with an increase of 7.74% in the last 24 hours. The trading volume of BTC has witnessed a massive surge of 70.92%, according to CoinMarketCap. Moreover, the bullish momentum is expected to take BTC to greater heights in the upcoming days.

Mexico City, Mexico, June 21st, 2023, Chainwire ENO, the native token of an emerging wine industry platform, has been listed on LATOKEN. The news marks a milestone in the history of wine while cementing LATOKEN’s reputation as a testbed for innovative new tokens. The ENO platform aims to provide access to a rapidly expanding wine ecosystem while distilling the greatest elements of the industry by combining centuries of tradition with web3 technology. Wine culture has fascinated people for centuries, and web3 offers exciting and disruptive opportunities. ENO’s listing on LATOKEN will allow users of the global exchange to tap into a new web3 vertical and to leverage a digital asset that enables users to enjoy exclusive experiences that combine art, music, web3 technology, and wine. Through the ENO platform, this club provides access to special auctions, unique wine-tasting experiences, and the opportunity to acquire limited-edition wine bottles in collaboration with renowned artists from around the world. Being part of this select group of wine enthusiasts and NFT collectors brings wine culture to a new audience. The ENO platform also includes the Wine Academy, an educational portal that uses blockchain technology to issue digital certificates based on the courses aspiring vintners have completed. ENO brings together farmers, vineyards, exporters, importers, consumers, sommeliers, hotels, and wine enthusiasts in a decentralized community, expanding the horizon of wine culture. The ENO token listed on LATOKEN on June 20, marking a new chapter in the fusion of tradition and technology. About ENO ENO is a platform that combines the tradition of wine with technological innovation. Its goal is to facilitate access to the wine ecosystem and promote the growth of wine culture worldwide through the implementation of advanced technologies such as tokenization. About LATOKEN LATOKEN is a globally recognized token exchange platform. It offers a stable trading environment backed by real assets and provides opportunities for participation in innovative and promising projects. For more information about ENO and its inclusion in LATOKEN, please visit: Official Website | Twitter | Telegram | Facebook | Instagram | YouTube Channel Contact Co-Founder Alberto Fernandez ENO [email protected]