Bitcoin price decreases by 3.12% compared to the last 24 hours. Bitcoin miners are facing difficulty due to increased hash rates. The topmost cryptocurrency, Bitcoin (BTC) has seen a deep fall from nearly $30K to the value of $25,137.80, currently. Meanwhile, before 2 hours, BTC has fallen below $25K ranging to $24,902.15 when its trading volume was reported at $11.95 billion. BTC Price Chart (Source: CoinMarketCap) Furthermore, 92.39% of BTC exists in the current circulation from its total supply of 21M BTCs. The trading volume is maintained green, indicating an engagement in BTC trading with a 0.46% increase at the time of analysis. However, the market capitalization is seen to drop by 3.22% worth $487B, ranking the top position in the crypto market. On the other hand, Bitcoin miners are facing difficulty by 2.18%, defending with the increased hash rate. This creates huge competition among miners since the record crosses 52.35 trillion. Yet, crypto investors rely on trading BTC despite difficulties and drops. It is considered that the Federal Reserve (Fed) announcing the halt of interest rate hikes at 5.25%, could be the reason for BTC’s sudden drop below $25K at the moment. Till then, BTC was fluctuating at $26K. Recommended For You: Decoding Bitcoin’s Trading Pattern for June 2023

The crypto market is currently surging with the altcoins. The current top gainers include TWT, UNI, and LEO. Recently, the crypto market is been facing a downfall due to the SEC lawsuit against the crypto exchanges. Yet, some of the crypto gainers kept growing amidst the global crypto market loss at certain times. Here are the top three crypto gainers and the list goes Trust Wallet Token (TWT), Uniswap (UNI), and UNUS SED LEO (LEO). Trust Wallet Token (TWT) This governance token has gained popularity in recent times with its effective surge. Currently, as per CoinMarketCap, TWT is pricing at $0.8402 over a 12.89% increase compared to the previous day’s value. Also, the market capitalization is skyrocketing by 12.39% whereas the trading volume is abruptly huge by 431.49% ranking at the 4th position. TWT Price Chart (Source: CoinMarketCap) This records that the circulating supply has crossed more than 40% and is accounting for 416,649,900 tokens. However, this depicts that the graph is maintained green over the last 24 hours, retaining a bullish state. Uniswap (UNI) Over the week, UNI is turning bullish with a price value of $4.44 with a 4.22% increase in the last 24 hours. And, the graph is pointing upwards with the market capitalization of around $3B with a 2.98% increase. The trading volume is accounting for $120M and the surge compared to the last day, is higher. UNI Price Chart (Source: CoinMarketCap) Reportedly, the current circulating value of the UNI token has crossed 57.75% from its overall. Furthermore, the supply counts 577,501,036 tokens in the current market. UNUS SED LEO (LEO) This LEO token has begun showing bullish momentum among the other altcoins lately. Additionally, the market capitalization of LEO accounts for $3B resembling UNI but the price increase over the last 24 hours is 0.70%. Meanwhile, the trading volume has fallen by 7.16% comparatively yet the graph remains truly green for the last 24 hours. The current market price of LEO is $3.51 as per CoinMarketCap. LEO Price Chart (Source: CoinMarketCap) However, the supply of LEO has no limit. And, the circulation supply accounts for 930,107,434.9 tokens from its total supply so far. Whenever the altcoin season falls, there are certain other tokens that bring activity to the crypto market.

Delio has announced a temporary suspension of customer withdrawals. The company reassured its investors that it would do its best to protect their assets. Delio, the leading crypto lending company in South Korea, has announced a temporary suspension of customer withdrawals. This decision has been made in order to safely protect the consumer’s assets. On June 14, Delio announced that it had temporarily suspended customer withdrawals. Delio mentioned that the company has to take this measure due to the recent suspension of digital asset deposits and withdrawals at Haru Invest. This leads to heightened market volatility and increases confusion among investors. Haru Invest, a digital asset management platform in South Korea, announced the suspension of withdrawals and deposits on June 13. The decision comes due to concerns over the false information provided by the consignment operator during an internal inspection. Delio Assures Safeguard Investor Assets According to the report, the suspension will continue until the incident and its aftermath are resolved. Delio’s temporary suspension raised a lot of questions among the crypto community. However, the company reassured its investors that it would do its best to protect their assets. Delio has promised its clients that it will provide regular updates on the suspension through announcements and steps taken to protect the customer’s assets. By prioritizing the safety of customer funds, the company is taking responsible steps to mitigate any potential risks and maintain the integrity of its platform. The issues that Haru Invest is facing have started to spread to other platforms in South Korea. As a result, Delio has announced the suspension of customer withdrawals. While this temporary suspension may cause inconvenience, it serves as a precautionary step to protect its clients’ digital assets.

The staggering surge in L2 adoption on The Graph Network, powered by Arbitrum. Significant cost reduction and faster data access through L2 integration. The Graph’s reliability and cost-effectiveness drive innovation in DeFi. The Graph, a decentralized network known for its remarkable uptime and secure data, has witnessed a staggering surge in utilizing Layer2 (L2) solutions for subgraphs. The integration of Arbitrum has proven instrumental in enabling decentralized applications (dapps) to access data faster and at a fraction of the previous cost. The Graph Network, which was launched in 2020, has experienced a remarkable growth trajectory. Since its inception, 863 subgraphs have been published on the Ethereum blockchain, attesting to the platform’s widespread adoption and effectiveness. Over the past six months, the integration of L2 technology, specifically through Arbitrum, has fueled an even more impressive expansion. More than 180 subgraphs have already been published on The Graph Network, demonstrating a rapid acceleration in activity. This trend shows no signs of abating; it is gaining momentum at an unprecedented pace. Incorporating Arbitrum has yielded numerous benefits for users of The Graph Network. Notably, adopting L2 has enhanced the speed of data retrieval and significantly reduced the associated costs. Dapps leveraging Arbitrum have experienced a remarkable 25-fold decrease in expenses for publishing, curating, and upgrading subgraphs, providing substantial savings for developers and users alike. Graph Network Leads with L2 Integration Moreover, integrating L2 solutions has bolstered the network’s overall reliability. The unbeatable uptime and secure data storage provided by The Graph, in conjunction with Arbitrum, have instilled trust and confidence among users. The reliability and cost-effectiveness of the platform have created an ecosystem that encourages innovation and development within the decentralized finance (DeFi) space. However, it is essential to note that the growth and success of The Graph Network are not solely attributable to L2 integration. The platform’s initial launch and subsequent adoption paved the way for this remarkable advancement. The Graph’s commitment to offering reliable infrastructure for indexing and querying blockchain data has positioned it as a fundamental pillar in the decentralized ecosystem. Besides its impressive achievements thus far, The Graph Network continues to explore additional avenues for expansion and improvement. As the adoption of decentralized applications and blockchain technology continues to rise, The Graph remains at the forefront, ensuring that its infrastructure can accommodate the ever-growing demand. With the integration of L2 solutions like Arbitrum, The Graph Network has solidified its position as a leader in providing essential services to the blockchain community.

Litecoin’s year-to-date return reveals a bearish trend despite early gains. 24-hour analysis indicates continued bearish momentum, reducing market capitalization. The upcoming halving event stirs anticipation, potentially impacting Litecoin’s market value. Litecoin, often dubbed the silver to Bitcoin’s gold, has made strides in the financial world since its inception. Significantly, this year, it exceeded all expectations, hitting an awe-inspiring 25 million transactions. With the promise of quick confirmation times and a sturdy network, it’s no surprise that Litecoin ($LTC) is on a steady and consistent growth path. However, this is more than just a statistic – it’s a testament to the trust and reliance users have bestowed upon Litecoin. It also indicates the broader acceptance of digital currencies, a trend that is undoubtedly here to stay. Year-to-date Return Analysis According to Cryptorank data, January started strong, with Litecoin registering a remarkable 34.5% return. Consequently, investor interest spiked, nudging the coin to touch higher highs of $102.51 in February. However, the wind began to shift as we moved into February and the following months, signaling the bears’ entry into the Litecoin market. As a result, Litecoin dipped by 0.58% in February, followed by a 4.52% fall in March and a 1.1% slide in April. Despite these consecutive drops, May offered some respite with a marginal gain of 2.32%. Yet, the tide turned again in June, with a substantial decline of 14.7%. Litecoin Chart (Source: Cryptorank) On the contrary, Cryptorank analysis further suggests that the digital currency reached higher highs of $102.51 and $101.80 in February and April. However, a thorough 24-hour price analysis based on Coinmarketcap data paints a different picture. 24-Hour Market Performance: A Bearish Shift June continues to be a challenging month for Litecoin. As per Coinmarketcap data, Litecoin started the day with a reasonable opening price of $77.3504. The coin, however, could not hold its ground. It traded sideways for most of the day before the bears took charge. Litecoin 24-Hour Chart (Source: Coinmarketcap) As the day unfolded, Litecoin witnessed a sharp 6.23% decline, dragging its value to $72.72. Moreover, this bearish momentum further pulled down the market capitalization by 6.22% to $5.3 billion. The 24-hour trading volume also dropped 10.33% to $301 million. Halving Anticipation and Price Volatility With anticipation mounting for the Litecoin halving event, slated for just 50 days from now, investors are keenly watching the market. Significantly, the halving event typically sparks interest and fuels price movements. Consequently, investors, traders, and enthusiasts alike are eager to see how this will impact the currency’s value and the broader market.

The U.S. SEC said it had not yet determined what to do about the rulemaking petition. The SEC has responded to the court’s order from June 6 asking for a reply. The Securities and Exchange Commission (SEC), the top financial regulator in the United States, responded to Coinbase’s writ of mandamus on Tuesday. It would seem that the commission is not in the mood to issue sensible new rules. According to the court document, the U.S. SEC said it had not yet determined what to do about the rulemaking petition. The order, it was noted, makes reference to SEC Chair remarks and enforcement actions but does not indicate a determination to reject the exchange’s rulemaking petition. The commission has requested an extension of time before it must respond to the request for crypto-related clarification. No Precise Date Committed Paul Grewal, Coinbase’s chief legal officer, said that the U.S. Securities and Exchange Commission (SEC) has repeatedly stated the falsehood that it has not chosen to move to implement new crypto regulations. Despite a court’s specific ruling, the commission has totally failed to commit to any precise date. Despite repeated assurances from the commission’s chair that new, unambiguous guidelines will be issued, the panel has shown no signs of acting on such assurances. Moreover, the chief legal officer of Coinbase pointed out that the SEC had centered on the evidence of a decision from those statements that argued that the communication was the decision. The SEC has responded to the court’s order from June 6. Asking the commission to state whether it agrees with the regulation, disagrees with it, or wants more time to respond. However, the largest cryptocurrency exchange in the United States, Coinbase, was earlier this month charged with operating as an unregistered securities exchange, broker, and clearing agency by the commission. Recommended For You: BNB Surges 5.44% as Binance Shows Signs of Recovery Amid Legal Battles

A whale transaction of 44K Binance Coin is captured. BNB is bullish by a 4.31% change in price over the last 24 hrs. Following the recent found of the SHIB’s largest whale, another whale transaction activity is reported today. A suspicious whale borrowed Binance Coin (BNB) from Venus, a decentralized finance (DeFi) lending protocol. Meanwhile, the same whale dropped the borrowed BNB to Binance once after the Maverick Protocol announcement launched. After the Maverick Protocol (MAV) launched on the Binance launchpool, this whale deposition occurred. Consequently, the whale has made two depositions on Binance one after the other. As per Lookonchain reports, 44K Binance Coin worth $10.88 million has been borrowed from Venus with negligible gas fees. Meanwhile, the first deposit to Binance accounts for 31.5K BNB with a value of $7,739,550 at $0.02 gas fees. Again, another deposit to Binance accounted for 12.5K BNB worth $3,071,250 with the same gas fees as the previous deposition. Price Analysis of Binance Coin According to CoinMarketCap, the Binance Coin (BNB) remains in green over the last 24 hrs’ price graph with a 4.31% increase. Yet, the trading volume is slightly fallen by 17.14% whereas the market capitalization increased by 4.29% at the time of analysis. The current market price of BNB is $246.77 compared to the previous day. Binance Coin Price Chart (Source: CoinMarketCap) Moreover, the current circulating supply of the Binance Coin is more than 155 million. Considering the monthly price chart, BNB has dropped around 21.13% comparatively. The market capitalization accounts for $38B whereas the trading volume reports $687M. Recommended For You: Binance Coin (BNB) Price Prediction 2023

Egypt seeks BRICS membership and shifts focus to alternative trading currencies. Potential contenders for BRICS expansion include Iran, Saudi Arabia, and UAE. BRICS’ potential currency alternatives could reshape the global economic landscape. Breaking ground on a bold new venture, Egypt has officially applied to join the powerful BRICS alliance. Georgy Borisenko, the Russian Ambassador to Cairo, confirmed this historic development. Based on the sources, Egypt’s primary focus is the shift of trade to alternative currencies, including national currencies or potentially, a new common currency. A Future Beyond the US Dollar Besides its current economic strategy, Egypt is exploring new avenues. As per the country’s supply minister, Egypt is set to settle its trade with the BRICS bloc in national currencies. Consequently, this would replace the current practice of using the US dollar in trade with other major economies like China, India, and Russia. Moreover, Egypt’s interest in the bloc isn’t simply monetary. Borisenko points out that the nation aims to amplify trade with Russia. “New mechanisms are being created for trade transactions,” he remarked. Hence, these innovative initiatives significantly boost economic activity between the two nations. BRICS Membership: A High-Stakes Game Meanwhile, Egypt isn’t the sole nation eager to align itself with the dynamic BRICS alliance. Other prominent countries like Iran, Saudi Arabia, and the United Arab Emirates (UAE) are also vying for a place in this influential bloc. Their diplomats are prepping to make their case at the forthcoming BRICS summit. However, the question of who will secure membership in this powerful bloc—and its New Development Bank—remains open. With the annual summit fast approaching, the discussion about BRICS’ expansion will likely intensify. Additionally, an alternative currency could emerge as a critical point of debate. This pivotal meeting, therefore, holds significant potential to shape the future economic landscape. Significantly, the submission of Egypt’s application may profoundly impact the discourse and decision-making within the BRICS alliance. The upcoming months will reveal whether Egypt’s aspirations to join the coalition will bear fruit.

Ohio emerges as a hub for crypto and blockchain innovation. CHAMPtitles utilizes blockchain to modernize vehicle title management nationally. Coinbase recognizes Ohio’s growth, boosting its influential crypto ecosystem. Recognized as a cradle for the new era of financial systems, Ohio is proving to be a vanguard in the crypto industry. Consequently, Coinbase, the largest crypto exchange in the United States, has taken note of Ohio’s vibrant crypto ecosystem. Significantly, the state hosts a plethora of blockchain projects, with CHAMPtitles standing out for its groundbreaking applications. Embracing Crypto: The Future of Financial Freedom Recent surveys suggest that 20% of Ohio residents own cryptocurrency, signaling the rise of a new financial era. In addition, more than three in five of these crypto owners believe in the potential of crypto and blockchain technology to enhance economic opportunities in ways traditional finance cannot. Coinbase, boasting over one million users in Ohio, encourages the nation to stand with crypto. With homegrown companies like CHAMPtitles driving blockchain innovation, keeping such revolutionary developments in the U.S. becomes crucial. CHAMPtitles Revolutionizes Vehicle Title Management Traditional methods have been fraught with inefficiencies in the vehicle title management landscape. However, CHAMPtitles, an Ohio-based SaaS company, has dramatically streamlined the process. Leveraging blockchain technology, it has transformed a formerly lengthy procedure, with title turnovers taking up to 45 days, into a seamless one-day operation. Additionally, this modernized system eradicates paperwork, reducing errors and costs for all parties involved. As per Coinbase’s blog post, the software developed by CHAMPtitles has seen adoption beyond Ohio. Notably, state governments such as West Virginia have integrated this innovative technology. Moreover, CHAMPtitles has launched its national Title Clearinghouse in collaboration with these states. This entirely digital solution harnesses the power of blockchain to assist car dealers, insurance carriers, fleet operators, and lenders, thus facilitating interstate title transfers. Shane Bigelow, CEO of CHAMPtitles, attributes their success to Ohio’s pro-business and pro-technology stance. Hence, CHAMPtitles is eager to further support Northeast Ohio’s growth through its nationally impactful title platform. In essence, Ohio’s progressive stance has positioned it at the forefront of the crypto revolution. Besides the promise of economic freedom, it exemplifies how embracing new technologies can foster innovation and development at a state level.

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]