Bitcoin surpasses gold with a stunning 430% rise since COVID-19. Resilient Bitcoin outshines gold, gaining 46% year-to-date. Bitcoin’s meteoric rise challenges gold as a safe-haven asset. Gold has always been the traditional safe-haven asset. For generations, investors have resorted to it in times of economic instability. Bitcoin (BTC), however, a digital currency based on advanced mathematics and blockchain technology, is quickly establishing itself as an established rival. Today, one Bitcoin equates to a hefty 13.3 ounces of gold. Consequently, it’s an astounding 46% Year-to-Date (YTD) increase for BTC. This crypto heavyweight is not just about volatility and breathtaking highs; it is becoming a formidable asset class in its own right. Bitcoin Staggering 430% Superiority Since Pandemic-Low The COVID-19 pandemic rattled global economies, causing turmoil in every corner of the financial markets. Despite this, Bitcoin stood tall, demonstrating incredible resilience. Since the pandemic’s low point, Bitcoin’s performance has been miraculous. Significantly, BTC has outperformed gold by an astounding 430%. That’s not just a marginal gain; it’s a substantial leap. This phenomenal surge in BTC’s value speaks volumes about its potential. Additionally, it has elevated the conversation about digital currencies. Investors are taking notice, reevaluating their asset allocations, and sometimes choosing Bitcoin over traditional safe havens. However, it’s essential to acknowledge the risks. Like any asset, BTC has its uncertainties. Its value can plummet as quickly as it can soar. Hence, risk tolerance and diligent research are crucial for anyone venturing into cryptocurrencies. Moreover, while Bitcoin’s rally is impressive, it’s not an endorsement to abandon gold. Both assets have their unique qualities. Besides, diversification remains the key to a balanced portfolio. In conclusion, the BTC versus gold debate is more relevant than ever. Crypto challenges the yellow metal, often leaving it in the dust. It’s an exciting new chapter in the financial markets that we’ll be watching closely.

Brazilian President Lula signs legislation to clarify roles of central bank and securities regulator in cryptocurrency regulation. The new law empowers the Central Bank of Brazil to regulate and supervise virtual asset service providers. Brazil is home to prominent crypto firms. Brazil President Luiz Inácio Lula da Silva, commonly known as Lula, has approved new legislation outlining the responsibilities of the country’s central bank and securities regulator regarding cryptocurrencies. The government decree, numbered 11.563, was signed on June 14 and provides clarity on the legal framework for cryptocurrencies established by a previous law in December 2022. Brazil Central bank to get new power Under the new legislation, the Central Bank of Brazil will be granted the authority to regulate and supervise virtual asset service providers, while the Comissão de Valores Mobiliários (CVM), Brazil’s equivalent to the United States Securities and Exchange Commission, will oversee token projects that qualify as securities. Earlier reports indicated that the CVM was working towards creating a regulatory framework that aligns with the growing volume of cryptocurrency trades in the country and emerging markets. The decree will come into effect on June 20 but will not impact existing laws on consumer protection and financial crimes. The timing of the decree coincides with Brazil’s central bank’s plan to launch a pilot project for a central bank digital currency (CBDC) in collaboration with major payment firms, including Visa and Mastercard. The aim of the project is to test the privacy and programmability features of the CBDC platform in preparation for a potential nationwide rollout of a digital version of the Brazilian real. Brazil, with one of the largest cryptocurrency markets in South America, is home to the prominent crypto exchange Mercado Bitcoin and has licensed foreign payment providers like Crypto.com and Bitso. In March, U.S.-based crypto exchange Coinbase announced its partnership with local firms to facilitate crypto purchases for residents of Brazil.

Polygon and Flipkart have collaborated on an on-chain brand-first loyalty program. The program also plans to explore the launch of a dynamic marketplace. Polygon Labs, the world’s largest blockchain ecosystem, has announced its collaboration with Flipkart, India’s largest online shopping platform, and Hang. This collaboration is for an on-chain brand-first loyalty program that is expected to introduce millions of users to Web3. On June 14, Polygon tweeted about the new collaboration with Flipkart. Through this collaboration, Polygon and Flipkart will offer users the opportunity to get rewards based on their brand loyalty. The brand-first loyalty program named FireDrops 2.0 will revolutionize brand marketing, storytelling, and customer engagement on the Polygon network. Enhanced Customer Engagement on Polygon Network According to the report, Hang’s loyalty platform powers FireDrops 2.0. It will offer Flipkart users a personalized, engaging, and rewarding experience. Moreover, FireDrop uses NFT technology to reward users and provide a better experience. Naren Ravula, VP, Head of Product Strategy and Deployment at Flipkart, stated He added that the e-commerce marketplace is constantly innovating and evolving. Flipkart recognizes the value of customer loyalty and, more importantly, the emerging space of Web3 loyalty. The integration of NFT technology in FireDrop 2.0 enables easy ownership and the redemption of rewards. Moreover, the program also plans to explore the launch of a dynamic marketplace. It will allow users to buy and sell rewards and improve brand engagement. Polygon Labs continues to expand its ecosystem with the new integration. The collaboration aims to provide users with games, surprises, immersive experiences, and rewards. This helps users engage with their favorite brands in a meaningful way, earning exciting benefits and rewards. Moreover, with the scalability provided by the Polygon network, FireDrops is expected to expand Flipkart’s reach across the Indian e-commerce market.

Bitcoin mining difficulty reaches a record high of 52.35 trillion, reflecting intense competition among miners. The average hashrate of the Bitcoin network is nearing an all-time high. Rising Bitcoin mining difficulty highlights a healthy and active network, but also raises complexity and resource demands. Bitcoin mining difficulty has reached a new record high, as indicated by data from BTC.com. At block height 794,304, the mining difficulty increased by 2.18% to reach a peak of 52.35 trillion. The average hashrate of the entire network, another important metric, is currently at 383.87 exahashes per second, which is close to its all-time high. Mining difficulty is a relative measure of the resources needed to mine new Bitcoin, and it adjusts to maintain an average block creation time of around 10 minutes as more miners join the network. Source: BTC.com Data shows upward Bitcoin mining difficulty This adjustment occurs approximately every two weeks or every 2016 block. A higher difficulty level indicates heightened competition among miners in solving the mathematical problem essential for blockchain block additions. The data shows a general upward trend in Bitcoin mining difficulty throughout the year, with occasional fluctuations. Despite some minor drops in early February and May, the difficulty level has continued to rise, culminating in the recent record high. This increase indicates a robust and active Bitcoin network with growing participation from miners. However, it also implies a more complex mining process, requiring additional resources and computational power.

Post the successful upgrade, LUNC price jumped 8% in the last 24 hours. At block height 13215800, the Terra Classic network was successfully upgraded. Binance, the largest cryptocurrency exchange in the world, said on Wednesday that it would support the major v2.1.1 update to the Terra Classic (LUNC) network after its users voted in favor of Proposal 11561. It will make the blockchain competitive with other Cosmos chains like Terra 2.0. As a result, teams may once again start developing and releasing dApps on the Terra Classic chain. Some CosmWasm components will not work and influence dApps until Google deploys their upgrade, hence the Joint L1 Task Force (L1TF) is waiting for Google to update the Chrome extension. LUNC Price Jumps On June 14th, Binance made it known that they will be supporting the v2.1.1 update for Terra Classic. At block height 13215800, the Terra Classic network was successfully upgraded, today at 13:57 UTC. At 13:00 UTC, Binance will stop accepting Terra Classic (LUNC) network deposits and withdrawals for LUNC and USTC. Users will still be able to trade LUNC and USTC normally throughout the network update. Once the Terra Classic network has stabilized following the update, the cryptocurrency exchange will begin accepting deposits and withdrawals. The Terra Classic network update has the backing of other cryptocurrency exchanges including KuCoin. On Twitter, the project manager for the Joint L1 Task Force, @LuncBurnArmy, broke the news that the upgrade may cause problems for dApps since some parts of wasm will only work after Google updates its Chrome extension. The current online and mobile versions of Station will also keep functioning regularly. The stock price of Terra Classic soared by 15% on Tuesday as investors and whales speculated that the stock would see a massive rise after the upgrade. Post the successful upgrade, LUNC price jumped 8% in the last 24 hours.

Kusama turned to Twitter to show his admiration for Welly’s bold move. Strong rebounds from similar support in the past indicate an approaching bullish rebound. Shiba Inu has lately gained attention for its vibrant community and prominent support. Both the trailer for Rocket Pond and the metaverse enhancements it promised have now been released. Welly’s launch of fully connected stores and Shiba Inu advocate Shannon Bray’s support for the memecoin has got the community excited. The Shiba Inu-centric eatery Welly has announced the opening of two more locations. The Welly team is dedicated to maintaining open communication and user participation, thus they have equipped their new setup to process tokens. This is a bold declaration of Welly’s intention to actively include the Shib community in its business. Moreover, the lead dev of Shiba Inu, Shytoshi Kusama, was thrilled to hear Welly’s news. Kusama turned to Twitter to show his admiration for Welly’s risk-taking. Backing of Prominent Politician At the same time, Shannon Bray, a major US governor contender from North Carolina, has spoken out in favor of Shiba Inu. Despite the market’s uncertainty, Bray tweeted his enthusiasm for the cryptocurrency and his desire to buy SHIB. An esteemed member SHIB KNIGHT from the SHIB community had started a conversation with Bray about how common it is to put money into meme currencies. Upon this, Bray said that he plans to buy additional SHIB tokens. Having complete confidence in the asset despite having other options available to him. On Twitter, analysts have expressed concern that the cryptocurrency is trading too high relative to its support levels and exhibiting oversold RSI readings. Strong rebounds from this support in the past indicate an approaching bullish rebound.

Binance’s native token, BNB surges 5.44%. Ongoing negotiation with SEC fuels BNB price. Binance, the leading cryptocurrency exchange, recently experienced a notable surge in its native token, BNB, putting an end to a prolonged downtrend. BNB witnessed a 5.44% spike today, reaching $248.53 USD, delivering a positive boost to the Binance community. The previous month has been a rollercoaster ride for Binance, with significant price fluctuations causing mostly downs in the market. However, today’s surge in BNB price raises questions about whether Binance is returning to a state of normalcy. BNB PRICE CHART, Source :Tradingview Binance’s Uphill Battle This surge in price can be attributed to various factors, including ongoing negotiations with the U.S. Securities and Exchange Commission (SEC) and the reintroduction of Binance’s popular Bitcoin button game. U.S. District Judge Amy Berman Jackson referred the parties to a magistrate judge to work towards a compromise arrangement that would protect customer funds without necessitating a complete shutdown of the exchange. Her statement, indicating that the two parties were not far from reaching an agreement, further bolstered optimism among investors. In addition to the regulatory progress, the return of the Bitcoin button game might have helped drive up the price of BNB. This engaging game allows users to compete for a chance to win one Bitcoin and other enticing prizes. By reintroducing this popular initiative, Binance encourages user activity and participation. However, it is important to note that despite the recent surge, Binance still faces serious allegations from U.S. authorities, including fraud, securities law violations, and the commingling of customer funds with corporate assets. These legal challenges continue to cast a shadow over the exchange’s operations and may have implications for its future performance. The scheduled update on June 15 will provide valuable insights for investors. Additionally, updates on BEP-126 are expected on the same day. The recent surge in BNB price highlights the impact of ongoing legal proceedings and the engaging initiatives by Binance. Nonetheless, investors remain cautious due to the regulatory challenges faced by the exchange.

Total installed miners increased by 133%. Total BTC Mining Increased 76% M/M. Total installed operational capacity as of May 31, 2023 was approximately 88 Megawatts able to support 27,636 miners. Diversified revenue mix generated from Self-Mining (53% of revenue), Hosting (38% of revenue) and Energy Market Program (9% of revenue). SHARON, Pa.–(BUSINESS WIRE)–Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, announced today its unaudited business and operational update for May 2023. Rahul Mewawalla, CEO and President, commented, “We are delighted to share our business update. May was an exciting month for Mawson as we significantly grew our installed miners, our BTC mining, and delivered a diversified revenue mix of self-mining, hosting and energy market program revenue. I want to thank our entire organization at Mawson as we keep striding ahead.” 2023 Strategic Focus: Mawson looks to continue to drive growth in 2023 through: Continue to secure a portfolio of sites in its preferred geographies and markets for development of long-term digital infrastructure capacity. Continue with its Energy Markets Program, which generates diversified revenue and reduces overall costs of production. Further strategic partnerships and relationships with customers and communities. Continue to offer hosting services to miners in addition to increasing self-mining capacity. Exploring expansion opportunities at its 240-megawatt Pennsylvania facilities where the company has favorable energy contracts. May Bitcoin Self-Mining, Energy Market Program and Hosting Co-Location Results Update1: March April May May Variance Total self-mining BTC 41 38 67 +76% Total Installed2 Self- miners 5,880 5,880 13,750 +133% Total Available owned miners 20,000 20,000 20,000 – Total Revenue in BTC3 109 109 127 +16.5% Total Power Online 50 MW 50 MW 88 MW +76% Self-Mining Miners Installed: 13,750 Total Revenue equivalent in BTC: 126.57[3] Total Self-Mining Bitcoin Production: 67.49 Approximately $3.48M in monthly revenue for May 2023. Self-Mining Monthly Revenue: $1.85M Hosting Co-Location Monthly Revenue: $1.33M Energy Market Program Monthly Revenue: approximately $0.3M Total power online: 88 MW Key Monthly Operational Achievements: Recently named Rahul Mewawalla as CEO and President. 76% increase in self-mining BTC produced. 133% increase in installed miners. 76% increase in online power. About Mawson Infrastructure Mawson Infrastructure Group (NASDAQ: MIGI) is a digital infrastructure provider with multiple operations throughout the USA. Mawson’s vertically integrated model is based on a long-term strategy to promote the global transition to the new digital economy. Mawson matches digital infrastructure, sustainable energy, and next-generation Mobile Data Center (MDC) solutions, enabling efficient Bitcoin production and on-demand deployment of infrastructure assets. With a strong focus on shareholder returns and strategic growth, Mawson Infrastructure Group is emerging as a global leader in ESG focused digital infrastructure and Bitcoin mining. For more information, visit: www.mawsoninc.com Statements about hashrate capacity Statements in the press release about hashrate capacity (including ‘installed capacity’ or ‘nameplate capacity’), will often differ from the actual or observed hashrate. These terms generally make certain assumptions about the efficiency of the ASIC miners that are in use. Some ASIC miner models will consume less power to create the same amount of hashing power than other ASIC miner models (typically more recent models are more efficient). Many ASIC miner fleets are blended fleets, including various ASIC miner models each with different efficiency ratings. Hashrate capacity figures typically assume 100% deployment of ASIC miners. Given the large numbers of computing units (often numbering in the tens of thousands), ASIC mining fleets are rarely 100% deployed and online at any one time. This can be due to a variety of factors, including ASIC miners being under maintenance, in repair workshops, in storage, in transit, or due to technical faults and breakdowns. Once deployed and online, the actual or observed hashrate can be influenced by other factors such as heat, overclocking (causing the ASIC miner to perform at levels higher than the manufacturer’s specifications), the age, and wear and tear exhibited by the ASIC miners and also by the limitations of the surrounding infrastructure, such as power outages, and MDC and transformer breakdowns. Construction and development delays are a common risk for mining data centers, for example due to weather, permitting delays, or labor and equipment shortages. Investors should consider all risk factors related to uptime when considering these figures, which are a best-case scenario. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Mawson cautions that statements in this press release that are not a description of historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words referencing future events or circumstances such as “expect,” “intend,” “plan,” “anticipate,” “believe,” and “will,” among others. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon Mawson’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, the possibility that Mawson’s need and ability to raise additional capital, the development and acceptance of digital asset networks and digital assets and their protocols and software, the reduction in incentives to mine digital assets over time, the costs associated with digital asset mining, the volatility in the value and prices of cryptocurrencies and further or new regulation of digital assets. More detailed information about the risks and uncertainties affecting Mawson is contained under the heading “Risk Factors” included in Mawson’s Annual Report on Form 10-K filed with the SEC on March 23, 2023, and Mawson’s Quarterly Report on Form 10-Q filed with the SEC on May 15, 2023 and in other filings Mawson has made and may make with the SEC in the future. One should not place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Mawson undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as may be required by law. 1 All figures unaudited, and as of May 31, 2023. 2 “Installed” may include miners that are deployed in Mawson’s data centers, but not yet online and hashing. 3 Revenue equivalent BTC is the total revenue of the company for the period divided by the average BTC price. For the month of May the figure used is $27,554.75 Contacts Investor Contact: Sandy Harrison VP of Investor Relations [email protected]

VERO is the first social network to purchase a regulated stock exchange, enabling new opportunities for its members and creators NEW YORK–(BUSINESS WIRE)–VERO, the ad-free social network with over 6.5 million registered members, announced its acquisition of the Tokenise Stock Exchange International Ltd, the world’s first regulated stock exchange for tokenised securities. Founded in 2018, Tokenise has developed technology and obtained licenses to fractionalise ownership of various asset classes within a regulated trading environment. This acquisition will enable VERO to offer its members true equity ownership in its network, creating opportunities for members to participate in the platform’s success. “VERO is a haven for creators where they can unlock the power of their communities and share work that reflects their artistry.” said Ayman Hariri, co-founder and CEO of VERO. “Acquiring the Tokenise Stock Exchange is a further step towards bringing our vision of a next-generation social membership network to life. This marks the beginning of a transformative new chapter for VERO and social networking as a whole.” The combination of the Tokenise Stock Exchange and VERO’s platform will enable creators to offer their fans new and exciting opportunities to co-own projects and businesses with creators across the globe. “It’s the Tokenise Group’s mission to enable more people to have ownership of alternative assets that have not previously been available on the market to trade,” said Mike Kessler, CEO of Tokenise. “We’re excited to support VERO’s vibrant community and open up new financial opportunities for creators and fans on the network. Our strategic partnership has the opportunity to fuel a new era of community financing.” In tandem with the acquisition, VERO has revealed an ambitious new product roadmap with features such as premium profiles, offering creators the opportunity to implement channel subscriptions. The roadmap also includes a digital asset marketplace and social wallets. Product features, such as the “Creator Listings,” utilize Tokenise technology to enable creators to raise funds for projects and offer fans new experiences associated with co-ownership. These new channel features and monetisation tools will ultimately give fans the chance to support their creators more directly. VERO remains at the forefront of member-centric social, leading the charge in cultivating authentic community experiences that prioritize creativity, networking and discovery. VERO is committed to building for better social, supporting members seeking a space that wholeheartedly supports a fair value exchange. The acquisition of the Tokenise Stock Exchange forms a crucial component of this vision. Join VERO today https://vero.co/site/download About VERO Co-founded by Ayman Hariri in 2015, VERO is an ad-free social membership network. From design to functionality, VERO has redefined what a social network should be – delivering a better, truer social experience for everybody. VERO is optimized for connection, not addiction, putting the user in total control. VERO is available on desktop, iOS, and Android mobile devices. https://vero.co/ About Tokenise Stock Exchange Tokenise Stock Exchange is the world’s first regulated stock exchange dedicated to the listing and trading of security tokens. Tokenise Stock Exchange International Ltd is registered in Barbados and authorized as a Self-Regulatory Organization by the Financial Services Commission. https://tokenise.io Contacts Media: [email protected] [email protected]

Visa cards are being distributed to crypto exchange Lama’s consumers. The physical and digital cards make it possible to instantaneously convert cryptocurrency to fiat and use it everywhere Visa is accepted. The cards come with some unique advantages, such as a 2% BTC reward on all purchases for the Gold plan. Lama, a licensed cryptocurrency exchange, debuted in 2022 and offers standard banking services along with crypto trading and DeFi connectivity. Since then, the business has released a variety of ground-breaking products designed to allow easy crypto-fiat transfers. The launch of Lama’s new Visa cards is a significant step in that direction. Users of the Lama-branded Visa cards may make purchases at any physical or online merchant that accepts Visa. Additionally, one may earn up to 2% cashback on all purchases, which will be given in bitcoin. Three Visa card programs designed specifically to fulfill user demands have been created by Lama. The first of them is the Bronze card, which has a single virtual card limit and is free to use. Up to three virtual cards, one physical card, and a 1% BTC reward on all transactions are included in the Silver plan. Monthly fees are €9.99. Up to five virtual cards, one physical card, and 2% BTC cashback are all included in the €19.99/month Gold plan. Visa’s crypto card program includes partnerships with 50 of the top crypto platforms to provide white label debit cards using the Visa logo. These are intended to facilitate the use of digital money among the 70 million merchants throughout the globe. The fact that Lama was accepted into this program is a credit to both the stature of its centralized exchange and to the tight compliance guidelines it follows to make sure it complies with all legal criteria. With the Lama Visa card, customers have an easy way to convert between fiat and crypto, making it simpler to use cryptocurrency in daily life. Users may therefore benefit from having both the advantages of owning digital assets and the security of knowing that they can quickly access their funds when they need to make a regular payment.

Send Globally brings lightning-fast money transfers directly to recipients’ bank accounts as cross-border payments from the U.S. to Mexico reach historic highs CHICAGO–(BUSINESS WIRE)–Strike, the global money app for fast, safe payments and bitcoin, today announced the expansion of “Send Globally” to Mexico, bringing its revolutionary payment service to the largest market for remittances from the U.S. In 2022, Mexico received a record of $60 billion in remittances from the U.S. alone, making up around 95% of total remittances received from abroad. Today, sending a payment from the U.S. to Mexico costs an average of 4.57% of the transaction value. Strike leverages Bitcoin’s Lightning Network to provide a faster, cheaper, and more accessible alternative to traditional money transfer providers in Mexico. With Send Globally, users can enjoy instant payments to a Mexican bank account around the clock, every day of the year, without added transaction fees. “Cross-border payments from the U.S. to Mexico have reached unprecedented levels, serving as a lifeline for millions of people,” said Jack Mallers, Founder and CEO of Strike. “However, existing payment services are costly and inefficient, making them inaccessible to many. At Strike, we believe that everyone should have equal access to better payments and financial stability. We’re excited to bring fast, low-cost cross-border payments via the Lightning Network to Mexico, enabling more people to send money home.” When using Send Globally, dollars are converted into bitcoin, which is sent via the Lightning Network to a third-party partner. That partner converts the bitcoin into local currency, which is sent directly to the recipient’s local account, such as their bank account. This way, the sender doesn’t have to worry about bitcoin’s tax treatment or volatility. In Mexico, Strike has partnered with Relampago to enable transfers from U.S. dollars that are received as local currency directly in a recipient’s bank account. “Relampago is proud to partner with Strike to revolutionize money transfers from the U.S. to Mexico, the world’s largest cross-border payments corridor,” said Immanuel Joy, CEO of Relampago. “By harnessing the Lightning Network, we enable instant, low-cost, cross-border payments and are transforming the financial landscape for millions of Latin American individuals.” Since launching the feature in December 2022, Strike has quickly expanded Send Globally to over a dozen countries including the Philippines, Vietnam, Nigeria, and now Mexico, which are among the top 10 largest cross-border markets. About Strike Strike enables cheaper and faster global payments for both businesses and consumers. Strike is built on top of the Bitcoin network – the largest global, interoperable, and open payments standard. Strike believes that open payment networks enable universal participation in the financial system, with truly borderless money transfers, cheaper payment processing, and new payment experiences previously impossible with legacy technology. Contacts Lavinia Chirico [email protected]

In a groundbreaking move, USDT Tether has invested in El Salvador, marking a notable progression in the country’s crypto-centric economy. Meanwhile, traders are showing immense interest in Tradecurve, an up-and-coming platform currently in its presale phase, betting big on its promising future. As we dissect these significant developments, we ask: could this be the dawn of a new era in crypto trading? Let’s dive in. >>BUY TCRV TOKENS NOW<< USDT Tether Invests in El Salvador On June 5, Tether announced its plan to invest $1 billion toward constructing the world’s largest Bitcoin mining operation in El Salvador. The company revealed its participation in the country’s initial round of this billion-dollar project, highlighting its commitment to investing in renewable energy sources to facilitate sustainable Bitcoin mining practices. The planned Bitcoin mining operation will utilize El Salvador’s volcanic energy resources, a prospect that the country’s officials have previously discussed. The site, located in Metapan, is anticipated to produce 241 Megawatts of renewable energy, further underscoring the venture’s commitment to sustainable energy usage. In addition to the substantial funding, Tether has committed to contributing its specialized knowledge in the domains of energy, hardware, and communication towards the construction of ‘Volcano Energy’, indicating a holistic and committed approach to this venture. Ardoino, Tether CTO, reassured USDT holders that the current size of Tether’s investment in Volcano Energy is manageable, drawn from its excess reserves, and does not impact the reserves backing the issued tokens. El Salvador has also been proactive in revising cryptocurrency regulations. In November of the previous year, President Nayib Bukele mandated changes to the rules governing stablecoins. This move was part of a broader initiative to increase the acceptance and integration of various asset types in the country’s financial ecosystem. Crypto Traders Bet Big on Tradecurve Tradecurve is a next-gen trading arena that’s been designed to give you the freedom to invest in a broad array of financial assets. Whether you’re interested in stocks, foreign exchange, commodities, or market indices, Tradecurve has you covered. The special thing about Tradecurve is its commitment to democratizing trading. Thanks to the power of decentralized finance (DeFi) technologies, it provides an inclusive trading environment that respects your privacy. Picture it as a ‘cloak of invisibility’ for traders, where you can step into the trading world without having to reveal your identity. In stark contrast to the red-tape rituals of traditional trading platforms, where you need to submit numerous documents and undergo rigorous Know Your Customer (KYC) processes, Tradecurve streamlines this with a simple, hassle-free sign-up using just an email. Tradecurve fortifies your trading experience with robust cryptographic defenses to thwart any unwanted third-party intrusions or cyber threats. The cherry on top? Users retain full control over their wallet keys and crypto holdings, offering an added layer of control and security. TCRV is the key that unlocks additional trading superpowers. Holding TCRV lets you access sophisticated trading tools, earn passive income through staking, level-up your account status, and even score discounts on trading fees. The good news is that TCRV tokens are still in the presale stage and can be snagged at a reasonable $0.015 per token, showing a promising 50% growth as crypto traders bet big on Tradecurve. Analysts predict a steep rise to $0.60 by the end of the presale period, with an anticipated jump to $1 when it lists on top-tier exchanges. So, Tradecurve isn’t just a trading platform, it’s a potential investment opportunity in itself. Learn more about Tradecurve and the TCRV token below: Click Here For Website Click Here To Buy TCRV Presale Tokens Follow Us Twitter Join Our Community on Telegram

Crypto Investors can earn passive income with Fancy Crypto. Fancy Crypto offers a range of cloud mining services. Generating passive income with cryptocurrency can be an exciting opportunity. While there are no guaranteed methods. Here, cryptocurrency mining has emerged as a sector that attracts individuals seeking passive income. In the current economic climate, it can be challenging to find a reliable and profitable investment opportunity. However, “Fancy Crypto” is one platform that aims to simplify cloud mining and enable easy entry into this field without the need for expensive hardware or technical expertise. Fancy Crypto Benefits Investors Cloud mining has made crypto mining more accessible than ever before. Individuals with limited technical knowledge or resources can participate in mining activities. Cloud mining platform Fancy Crypto provides a user-friendly interface that simplifies the process. Fancy Crypto gained popularity with over 360,000 satisfied users worldwide and is known for providing reliable hash rates. Also, it stands out among global competitors by offering hash rates ranging from 2 to 10 percent, surpassing other platforms. With Fancy Crypto, users can enjoy a hassle-free mining experience. Their advanced technological expertise ensures a smooth and seamless process, eliminating hidden costs and complex contracts often encountered on other platforms. In addition, transparency and risk-free operations are key features of Fancy Crypto. However, Fancy Crypto offers a range of cloud mining packages, such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), and Ethereum Classic (ETC). With an affordable starting investment of just $10, individuals can embark on their mining journey through this package. In exchange, users can anticipate a daily return of $0.10, providing a steady stream of earnings from their mining activities. Beginners can start with a minimal investment of $10, which guarantees a fixed return of $10.15. Experienced users have the opportunity to invest $100 for four days with a fixed return of $105.3. In Ethereum Cloud Mining, with an investment of $350 for five days, users can expect a fixed return of $378. Litcom Cloud Mining offers substantial returns. If users invest $800 for ten days, they will yield a fixed return of $944. In Dogecoin Cloud Mining, the memecoin enthusiast can get a return of $1938.75 if they invest $1500 for fifteen days. Ethereum Classic Mining presents a longer-term investment opportunity, requiring $3000 for 28 days, but providing a fixed return of $4806.7. Finally, for those seeking the potential rewards of Bitcoin, Bitcoin Cloud Mining offers an investment of $5000 for fifty-six days, with a fixed return of $11580. Fancy Crypto also offers a referral program, enabling users to earn rewards by inviting others to join the platform. Through this program, affiliates can receive a 3% commission on purchase orders made by their referrals. This presents an additional opportunity for users to enhance their earnings and maximize their profits. However, while the crypto platform is facing a lot of scrutiny, “Fancy Crypto may be an alternative opportunity for users to earn income.” Remember, it’s important to conduct thorough research and due diligence before investing in any platform or service. Disclaimer: The opinions expressed in this article are solely those of the writer and not of this platform. The data in the article is based on reports that we do not warrant, endorse, or assume liability for.

The renowned esports platform Moxy.io is collaborating with Stainless Games to make Shock Rods, a popular 6v6 arena shooter game, available on Moxy. Players will be able to compete against other esports players while enjoying the fast-paced action of Shock Rods thanks to the cooperation. Fans of the Shock Rods will be able to watch intense bouts and fight for real prizes using Moxy’s esports-enabled platform. Players will have a flawless and thrilling experience thanks to the platform’s powerful features and cutting-edge technology. Shock Rods’ developers, Stainless Games, are overjoyed to be collaborating with Moxy.io to promote esports competition for their game. The Moxy team’s commitment to giving players a top-notch platform and Stainless Games’ enthusiasm for making thrilling and competitive games are natural match. The latest in a string of exciting advancements for the platform is the addition of Shock Rods to Moxy.io’s esports portfolio. Moxy.io is dedicated to providing its gamers with the finest competitive gaming experience possible even as the esports market expands. Check out the gameplay:

$18M Run Rate Revenue at the 25 MW Data Center ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced the purchase of 8,250 Bitmain Antminer S19s, S19j Pro and S19j Pro+ for its Project Dorothy 1B data center in Texas. The purchase is estimated to result in 860 PH/s of hashrate with an average efficiency of 29.9 J/TH, and at a cost of $11.25 $/TH inclusive of all fees, import, and taxes. The 25 MW Project Dorothy 1B is a proprietary mining joint venture between Soluna and Navitas Global. The first 5 buildings, which is approximately 6 MW, are set to be energized by the end of June. The remainder is expected to be completed and energized in the third quarter. The site’s run-rate revenue from mining is approximately $18 million annually(1). Once Project Dorothy 1B is operational, the 50 MW Project Dorothy phase 1 will be fully online with a mix of hosting and proprietary mining. John Belizaire, CEO of Soluna Holdings, commented, “Our team is focused on getting Dorothy phase 1A and 1B fully operational early this summer. We’ve put in place strong commercial deals with great revenue potential. We announced our partnership with Navitas less than one month ago, and are already nearing the completion of construction and have now purchased the key equipment to generate revenue.” Chad Roach, Managing Partner at Navitas, added, “The partnership between Navitas and Soluna is off to a solid start with our teams executing on time and on budget. The procurement of the miners gives us a strong baseline for profitability not only this year, but for years to come.” Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Soluna Holdings, Inc. may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Soluna’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, further information regarding which is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of the press release, and Soluna Holdings, Inc. undertakes no duty to update such information, except as required under applicable law. About Soluna Holdings, Inc (SLNH) Soluna Holdings, Inc. is the leading developer of green data centers that convert excess renewable energy into global computing resources. Soluna builds modular, scalable data centers for computing intensive, batchable applications such as Bitcoin mining, AI, and machine learning. Soluna provides a cost-effective alternative to battery storage or transmission lines. Soluna uses technology and intentional design to solve complex, real-world challenges. Up to 30% of the power of renewable energy projects can go to waste. Soluna’s data centers enable clean electricity asset owners to ‘Sell. Every. Megawatt.’ Notes: Based on hashprice at $65 / Ph/s/ Day Contacts Sam Sova Founder and CEO SOVA [email protected]

BitwaveU provides CPAs with a wide variety of accredited courses to level up their web3 knowledge SAN FRANCISCO–(BUSINESS WIRE)–Bitwave, the leading enterprise digital asset accounting platform, announces today the launch of BitwaveU, a new self-serve online education hub with unlimited access to 30+ courses, 20+ CPE credits, and industry-leading certifications in cryptocurrency, accounting, and finance. The launch of BitwaveU solidifies Bitwave as the forefront provider of web3-focused accounting CPE, ensuring accounting professionals stay up-to-date with industry knowledge, advancements and trends. With a commitment to supporting the continued educational growth and success of finance professionals everywhere, BitwaveU is open to anyone looking to expand their knowledge. The platform is equally available to Bitwave partners, customers, and those outside of the Bitwave community. As an officially licensed NASBA sponsor, BitwaveU delivers continuing education credits in fulfillment of the annual CPE requirements for CPAs. “At Bitwave, we’re obviously passionate about digital assets, but since the very beginning, we’ve also been incredibly passionate about driving education within this ecosystem. With the launch of BitwaveU, we’re continuing to lead the web3 accounting industry with a deeper, more accessible level of knowledge and professional education.” said Pat White, CEO and Co-Founder of Bitwave. “Very early at Bitwave, we recognized an education gap around crypto accounting at every level. Startup founders, enterprise finance teams, and accounting professionals all need to be informed before they can educate others about the web3 accounting landscape. BitwaveU is here to solve for this gap,” he said. BitwaveU provides both beginner-level “web3 boot camp” courses and advanced crypto accounting lessons to educate all professionals – regardless of their web3 experience. A range of topics are available now, including: “NFTs: The Basics,” “Intro to Crypto Tokens,” “Mining and Validators,” and “TradFi vs. CeFi vs. DeFi.” Visitors to the learning hub can also access advanced certification training courses about the Bitwave platform itself. The launch of BitwaveU follows Bitwave’s strategic acquisition of web3 accounting CPE and news provider, Multisig Media. The learning hub from Multisig Media serves as the foundation for the new BitwaveU platform. This acquisition reinforced Bitwave’s core founding principle of serving as a leading educational provider for the web3 accounting and finance industries. To access BitwaveU, please visit university.bitwave.io. About Bitwave: Bitwave is the #1 enterprise accounting platform for crypto. Designed from the ground up to manage the intersection of Web3 tax, accounting, and compliance, Bitwave is purpose-built to help finance and accounting professionals mitigate the complex challenges of digital asset transactions. From bookkeeping, AR/AP, and on-chain bill pay; to DeFi and NFT support – Bitwave is the most-trusted financial platform for digital assets. In Q4 2022, Bitwave closed a $15M Series A funding raise backed by Hack VC, Blockchain Capital, and Signal Fire to expand its on-chain accounting platform. To learn more, visit bitwave.io. Contacts Jean Natalina KCD PR [email protected] 619-203-6222

Republican Chairman Patrick McHenry plans to take a committee vote on a digital asset law. This legislation is a crucial first step towards official US crypto regulation. To build a regulatory framework and introduce clear regulations and standards for the crypto business. The US Financial Services Committee will vote in the coming weeks on a comprehensive digital asset bill. This comes after a hearing held by the House Financial Services Committee on clarifying the framework and regulation of digital asset markets and payment stablecoins. Republican Chairman of the US House Financial Services Committee Patrick McHenry plans to take a committee vote on a digital asset law. After legislators return on July 11, they will vote on the measure. Much Needed Clarity Two legislation to provide “clarity” on the structure of the digital asset market and the regulation of payment stablecoins were addressed by Democrats and Republicans on Tuesday in the US House Financial Services Committee. This legislation is a crucial first step towards official US crypto regulation. The US House of Representatives is reportedly working on legislation. That will regulate the crypto business and the digital asset ecosystem. Separate parts of the cryptocurrency sector would be given to the Securities and Exchange Commission (SEC). And the Commodity Futures Trading Commission (CFTC) under this proposed legislation. The US SEC has embraced a regulation-by-enforcement strategy. Alleging that most cryptocurrencies are securities, prompting crypto companies to seek such clarification from the US Congress. The SEC requires crypto exchanges and businesses to register under its proposed, though hazy, legislation. The House Financial Services Committee has publicly acknowledged the US SEC’s and its chair Gary Gensler’s flawed strategy. Maxine Waters, the ranking Democrat in the House, has expressed concern that criminals may benefit from granting temporary registration to cryptocurrency exchanges. Both Senators Brown and Warren have shown skepticism towards crypto. In the eyes of the crypto community, the SEC’s cases against Binance and Coinbase are more about establishing its authority over the space than safeguarding investors.

Bullish BNB price prediction for 2023 is $299.5 to $364.2. Binance Coin (BNB) price might reach $400 soon. Bearish BNB price prediction for 2023 is $185.1. In this Binance Coin (BNB) price prediction 2023, we will analyze the price patterns of BNB by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. Binance Coin (BNB) Current Market Status Current Price $248.71 24 – Hour Trading Volume $927,065,495 24 – Hour Price Change 5.13% Up Circulating Supply 155,854,092 All – Time High $690.93 (On May 10, 2021) BNB Current Market Status (Source: CoinMarketCap) What is Binance Coin (BNB)? Binance Coin (BNB) was launched in 2017 as the utility token for Binance, one of the largest crypto exchanges. Initially, Binance Coin (BNB) was only used as transaction fees and trading fees on the exchange. Binance nearly holds the largest crypto trading volume of $7.6 billion at the beginning of Q2 2023. Later in September 2020, Binance Smart Chain (BSC), an EVM-compatible Proof-of-Stake authority (PoSA) blockchain, went live. The exchange token migrated onto the BSC and its functionalities expanded. Binance Coin (BNB) Price Prediction 2023 Binance Coin (BNB) ranks 4th on CoinMarketCap in terms of its market capitalization. The overview of the Binance Coin price prediction for 2023 is explained below with a daily time frame. BNB/USDT Horizontal Channel Pattern (Source: TradingView) In the above chart, Binance Coin (BNB) laid out a horizontal Channel pattern. Horizontal Channel pattern also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, line which connects the lows, run horizontally parallel and the price action is contained within it. A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation. At the time of analysis, the price of Binance Coin (BNB) was recorded at $250.0. If the pattern trend continues, the price of BNB might reach the resistance levels of $272.8, $338.7 and $529.4. If the trend reverses, then the price of BNB may fall to the support of $220.5. Binance Coin (BNB) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Binance Coin (BNB) in 2023. BNB/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 Binance Coin (BNB) for 2023. Resistance Level 1 $299.5 Resistance Level 2 $364.2 Support Level 1 $230.9 Support Level 2 $185.1 BNB Resistance & Support Levels As per the above analysis, if Binance Coin’s (BNB) bulls take the lead, it might hit and break through its resistance level of$364.2. Conversely, if Binance Coin’s (BNB) bears dominate the trend, the price of BNB might plunge to $185.1. Binance Coin (BNB) 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 Binance Coin (BNB) are shown in the chart below. BNB/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. The resulting ratio is known as the “relative volume,” which can help traders identify unusual trading activity and changes in market sentiment. High relative volume readings suggest that there is increased interest in the asset, which may indicate a potential trend reversal or breakout. Conversely, low relative volume readings may indicate a lack of interest or a consolidation period. At the time of analysis, the RVOL of Binance Coin (BNB) was below the cutoff line, denoting weak 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 its 50MA, it is considered to be in an uptrend (bullish), if laid below 50MA, it is in a downtrend (bearish). Notably, in the above chart, the BNB price lies below 50 MA (short-term), indicating its downtrend. Hence, it can be concluded that BNB is in a bearish state. Although this is the current state, a trend reversal might occur. Next up is the Relative Strength Index (RSI). 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 is expressed as a number between 0 and 100, with readings above 70 indicating an overbought state and readings below 30 indicating an oversold state. Significantly, traders often use the RSI to identify potential trend reversals or to confirm the direction of a trend. 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 reaches an oversold reading of 30, it may suggest that the asset could potentially reverse direction. Markedly, during analysis, the RSI of BNB is at 31.44. This denotes that BNB is neither in an overbought nor oversold state. Binance Coin (BNB) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Binance Coin (BNB) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI). BNB/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 BNB lies in the range of 52.5 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 BNB lies above 50, indicating high volatility. Comparison of BNB with BTC, ETH Let us now compare the price movements of Binance Coin (BNB) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs BNB Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of BNB is similar to BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of BNB also increases or decreases respectively. Binance Coin (BNB) Price Prediction 2024-2030 With the help of the aforementioned technical analysis indicators and trend patterns, Let us predict the price of Binance Coin (BNB) between 2024 and 2030. Binance Coin (BNB) Price Prediction 2024 If bulls dominate the price momentum and trend patterns, then Binance Coin (BNB) might successfully test and surpass its resistance levels to hit $600 by 2024. Binance Coin (BNB) Price Prediction 2025 The significant upgrades in the Binance Coinecosystem might persuade the entry of an increased number of investors. This may eventually boost the Binance Coin (BNB) price to reach $650 by 2025. Binance Coin (BNB) Price Prediction 2026 If Binance Coin (BNB) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $700. Binance Coin (BNB) Price Prediction 2027 Binance Coin (BNB) might sustain major resistance levels and continue to be recognized as a good investment option. If it stands so in the market, BNB would rally to hit $750 Binance Coin (BNB) Price Prediction 2028 If Binance Coin (BNB) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, BNB would hit $800 by 2028. Binance Coin (BNB) Price Prediction 2029 If investors flock in and continue to place their bets on Binance Coin (BNB) , then the crypto would witness major spikes. Hence, BNB might hit $850 by 2029. Binance Coin (BNB) Price Prediction 2030 If the trend momentum aligns in favor of Binance Coin, then the BNB price is expected to rally to $900 by 2023. Furthermore, BNB would hold a positive market sentiment and be recognized as a long-term investment with highly profitable ROI. Conclusion If Binance Coin (BNB) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Binance Coin (BNB) price prediction for 2023 is $364.2. Relatively, the bearish Binance Coin (BNB) price prediction for 2023 is $185.1. If there is a positive elevation in the market momentum and investors’ sentiment, Binance Coin (BNB) might hit $400. With future upgrades and advancements in the Binance Coine cosystem, BNB might surpass its current all-time high (ATH) of $686.31On May 10, 2021 and mark its new ATH. FAQ 1. What is Binance Coin (BNB) ? Binance Coin (BNB) is an exchange-based token living on the Binance Smart Chain (BSC). Initially launched as the utility token for paying the exchange transaction and trading fees, BNB extended into an efficient payment and investment option. 2. Where can you buy Binance Coin (BNB) ? Traders can trade Binance Coin (BNB) on the following cryptocurrency exchanges such as Binance, and KuCoin. 3. Will Binance Coin (BNB) record a new ATH soon? With the ongoing developments and upgrades within the Binance Coinplatform, Binance Coin (BNB) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Binance Coin (BNB) ? Binance Coin (BNB) hit its current all-time high (ATH) of $686.31 On May 10, 2021 5. What is the lowest price of Binance Coin (BNB) ? According to CoinMarketCap, BNB hit its all-time low (ATL) of $0.09611 on August 01, 2017. 6. Will Binance Coin (BNB) hit $400? If Binance Coin (BNB) becomes one of the active cryptocurrencies that majorly maintain a bullish a trend, it might rally to hit $400 soon. 7. What will be the Binance Coin (BNB) price by 2024? Binance Coin (BNB) price might reach $600 by 2024. 8. What will be the Binance Coin (BNB) price by 2025? Binance Coin (BNB) price might reach $650 by 2025. 9. What will be the Binance Coin (BNB) price by 2026? Binance Coin (BNB) price might reach $700 by 2026. 10. What will be the Binance Coin (BNB) price by 2027? Binance Coin (BNB) price might reach $750 by 2027. Top Crypto Predictions Sui (SUI) Price Prediction 2023 Shiba Inu (SHIB) Price Prediction 2023 Bitcoin (BTC) 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.

The Financial Conduct Authority (FCA) published a list of 42 crypto businesses. The UK government is still compiling feedback on the framework consultation. Bitstamp, a cryptocurrency exchange with a presence in the United Kingdom, is now one of the businesses authorized by the Financial Conduct Authority there. Approximately six months after the FCA added Hidden Road Partners and MoonPay in December 2022, on June 13, Bitstamp U.K. Limited and Interactive Brokers Limited is the first corporation to join other registered organizations in the U.K. UK Welcomes Crypto Firms The Financial Conduct Authority (FCA) published a list of 42 cryptocurrency businesses that are AML/CFT compliant. The Bitstamp organization now has 52 worldwide registrations and licenses. This designation shows that Bitstamp is subject to the same anti-money laundering (AML) and counter-terrorist financing (CTF) regulations as conventional financial institutions. Moreover, Bitstamp has been approved by the Financial Conduct Authority (FCA) as meeting the stringent standards for operating in the UK. This means that customers in the UK will have access to their cryptocurrency in a safe and legal manner. To “carry out crypto asset activities” in the United Kingdom, businesses need to be either registered with the Financial Conduct Authority (FCA) or have provisional status granted by the FCA. The banking regulator has already issued “shut down or face further action” orders to local crypto ATM providers. And earlier ordered Binance Markets Limited to suspend its U.K. activities. In a May shareholder conference call, blockchain payments company Ripple said that it has acquired a minority position in Bitstamp during the first quarter of 2023. To elevate crypto’s standing in the United Kingdom’s financial services industry. And promote a strategy to spur innovation in the field, lawmakers there have proposed a complete crypto-asset regulatory framework. Moreover, it seemed that the government is still compiling feedback on the framework consultation document and debating future measures. Recommended For You: UK Regulator FCA Declares Ban on Crypto Advertisements

Apple has requested an update from Damus within 14 days of the date of communication. According to Damus, it does not sell digital items or provide tools for doing so. Damus, a decentralized social networking software, has been threatened with removal from the Apple App Store until its developers alter the program to comply with Apple’s guidelines. According to a tweet from the project, Apple has requested an update from Damus within 14 days of the date of communication to assure the app’s continued availability on the App Store. The “zaps” function of Damus, which lets users earn bitcoin on postings, is the subject of the alert. Zaps may be seen most simply as recommendations. Damus is built on the Nostr protocol, which allows for lightning-fast, almost costless micropayments through the Lightning network. Damus has a built-in Bitcoin payment and tipping widget provided by the Layer 2 Lighting Network. As per Apple: No Other Option Than to Comply Core developer William Casarin of Damus told that removing the zaps function is necessary to keep the app on the App Store, and that “we will likely do” so. According to Damus, it does not sell digital items or provide tools for doing so. The platform stated: It would be “a dead platform for Bitcoin applications trying to innovate on lightning,” Damus claimed, if Apple decided to delete the Damus app. Nostr-based Damus debuted earlier in February this year, as “the social network you control.” Nostr is a social network protocol that is backed by Jack Dorsey, the former CEO of Twitter.