Alex Mashinsky was detained on Thursday morning as a result of the ongoing investigation. The US Securities and Exchange Commission wasn’t the only US agency to take action. According to a court filing made on Thursday, the U.S. SEC is suing defunct cryptocurrency lender Celsius Network and its founder and former CEO Alex Mashinsky. According to Bloomberg, citing a source familiar with the matter, Alex Mashinsky was detained on Thursday morning as a result of the ongoing investigation into the company’s collapse that followed the court petition. Multiple Charges Filed On July 13, the US Securities and Exchange Commission (SEC) filed a complaint against Celsius Network and its former chief executive, Alex Mashinsky, accusing them of fraud, market manipulation, and violations of securities laws. The US Securities and Exchange Commission wasn’t the only US agency to take action against Celsius Network and its former CEO Alex Mashinsky; the Department of Justice, the CFTC, and the FTC all did so as well. These claims come on the heels of a lawsuit filed against Celsius Network by New York’s attorney general earlier this year. On Thursday morning, law enforcement officials detained former CEO Alex Mashinsky after the filing of various lawsuits against him and the company. After major cryptocurrency exchanges Binance and Coinbase were sued by the SEC last month, regulatory uncertainty surrounded the cryptocurrency market. Meanwhile, Mashinsky has also been accused of breaking federal securities laws by the SEC. The SEC has filed a lawsuit against CEL and Celsius, over unregistered securities. Recent announcements by Celsius Network to convert all cryptocurrencies to Bitcoin (BTC) and Ethereum (ETH) have raised community worries over the gradual sale of altcoins. Legal action may put a hold on BTC, ETH, and other tokens, while authorities figure out how to pay back Celsius’s creditors. Highlighted Crypto News Today: BABYDOGE Quadrillion Burn to Reduce Supply: Bullish?

On-chain data shows the Bitcoin “Market Value to Realized Value” (MVRV) is at a critical level currently. Will a bullish breakout take place? Bitcoin MVRV Ratio Is Retesting The 1.5 Level Right Now As pointed out by an analyst in a CryptoQuant post, the BTC MVRV ratio has been around a critical level recently. The “MVRV ratio” is an indicator that measures the ratio between the market cap of Bitcoin and its realized cap. The “realized cap” here refers to a capitalization model for the asset that assumes that the true value of each coin in the circulating supply is not the current spot price, but the price at which the coin was last transferred on the blockchain. This model aims to find a sort of “real value” for the coin, so its comparison with the market cap in the MVRV ratio can tell us how the current spot price (that is, the market cap) weighs up against this fair value. When the indicator has a value greater than one, it means that the market cap is more than the realized cap right now. In this situation, the investors are holding more value than they put in, so they become more likely to sell and harvest these profits. Thus, this kind of trend can suggest the asset is becoming overpriced and a correction may be on the horizon. On the other hand, low values imply the market cap of the cryptocurrency may be undervalued at the moment as the average investor is holding their coins at a loss. Now, here is a chart that shows the trend in the Bitcoin MVRV ratio over the last few years: As displayed in the above graph, the Bitcoin MVRV ratio had been below the one mark back during most of the second half of 2022. This isn’t an unusual trend, as bearish periods normally see investors going into deep losses, which naturally results in the indicator’s value plunging. What’s interesting, though, is the metric’s interaction with the line where its value becomes 1. While bearish trends last, the level usually provides resistance to the asset. Examples of this happening during the past year’s bear market can be seen in the chart. With the rally this year, however, Bitcoin was able to break past this level, implying that a transition toward a bullish regime had occurred. The indicator briefly dropped to this level in March, but the line provided support to it, confirming that a bullish trend was indeed active. The MVRV ratio has now recently surged towards the 1.5 level, at which the market cap is 50% more than the realized cap. At these values, the asset naturally starts becoming overpriced and the risk of corrections goes up. From the graph, it’s visible that the coin found resistance at this 1.5 level when it was retested back in April. Since surging back toward it recently, the cryptocurrency has been moving sideways around this level so far. It now remains to be seen whether the Bitcoin MVRV ratio can break through this level with the current retest, or if it will end up facing another rejection. Naturally, if it’s the former, the rally might be able to continue. BTC Price At the time of writing, Bitcoin is trading around $30,500, down 2% in the last week.

11th consecutive quarter of net inflows Another record high month-ending AUM of $93.7 billion NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today released monthly metrics for June 2023, including assets under management (AUM) and flow data by asset class. Monthly Commentary: Net inflows of nearly $1.6 billion in June driven by robust flows into fixed income, non-U.S. equity strategies, as well as U.S. equity strategies Nearly $8.7 billion of year-to-date net inflows, a best-in-class 21% annualized pace of organic growth relative to our publicly traded asset manager peers Year-to-date, WisdomTree has generated net inflows in all of our 8 major product categories, showcasing the breadth and depth of our organic growth profile WisdomTree Prime went live in app stores in late June and is now available in 20 states; the platform will continue to expand its footprint, offerings, and features throughout the remainder of 2023 (see https://www.wisdomtreeprime.com/ for more details) As of June 30, 2023 AUM Rollforward ($ in millions) Annualized Flow Rate MTD QTD YTD MTD QTD YTD Beginning of Period Total AUM $89,558 $90,739 $81,986 Total Net Flows U.S. Equity $199 $414 $265 10.0% 6.8% 2.2% International Dev. Mkt Equity $724 $1,592 $2,043 72.7% 55.9% 40.4% Emerging Market Equity $123 $329 $815 16.9% 15.0% 20.3% Fixed Income $1,142 $1,471 $4,985 72.8% 31.5% 65.8% Commodity & Currency ($605) ($1,513) $490 (31.9%) (24.3%) 4.5% Alternatives $14 $22 $3 54.8% 28.5% 2.1% Cryptocurrency $6 ($1) $12 30.4% (1.9%) 17.8% Leveraged & Inverse ($11) $12 $55 (7.7%) 2.7% 6.4% Total Net Flows $1,591 $2,327 $8,668 21.6% 10.3% 21.3% Market Move $2,517 $601 $3,012 Current Total AUM $93,667 $93,667 $93,667 Average Total AUM $92,808 $91,577 $89,340 Blended Total Average Fee Rate 36 bps 36 bps Source: https://ir.wisdomtree.com/ Please visit https://ir.wisdomtree.com/ for downloadable spreadsheets containing detailed AUM and flow data by asset class and fund broken out by daily, monthly, quarterly and annual timeframes. About WisdomTree WisdomTree is a global financial innovator, offering a well-diversified suite of exchange-traded products (ETPs), models and solutions. We empower investors to shape their future and support financial professionals to better serve their clients and grow their businesses. WisdomTree is leveraging the latest financial infrastructure to create products that provide access, transparency and an enhanced user experience. Building on our heritage of innovation, we are also developing next-generation digital products and structures, including digital funds and tokenized assets, as well as our blockchain-native digital wallet, WisdomTree Prime. WisdomTree currently has approximately $94 billion in assets under management globally. For more information about WisdomTree and WisdomTree Prime, visit: https://www.wisdomtree.com. Please visit us on Twitter at @WisdomTreeNews. WisdomTree® is the marketing name for WisdomTree, Inc. and its subsidiaries worldwide. Cautionary Statement Regarding Forward-Looking Statements This press release may contain a number of “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our ability to achieve our financial and business plans, goals and objectives and drive stockholder value, including with respect to our ability to successfully implement our strategy relating to WisdomTree Prime, our ability to continue to make achievements in AUM, levels of net inflows, analyst ratings, P/E multiple and stock price performance and other risk factors discussed from time to time in WisdomTree’s filings with the Securities and Exchange Commission (“SEC”), including those factors discussed under the caption “Risk Factors” in our most recent annual report on Form 10-K, filed with the SEC on February 28, 2023, and in subsequent reports filed with or furnished to the SEC. These forward-looking statements are based on WisdomTree’s management’s current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside WisdomTree’s management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Forward-looking statements included in this release speak only as of the date of this release. WisdomTree does not undertake any obligation to update its forward-looking statements to reflect events or circumstances after the date of this release except as may be required by the federal securities laws. Category: Business Update Contacts Media Relations WisdomTree, Inc. Jessica Zaloom +1.917.267.3735 [email protected] / [email protected] Investor Relations WisdomTree, Inc. Jeremy Campbell +1.646.522.2602 [email protected]

Quantum-Safe, Secure Networking and Communications Visionary Joins Prestigious Cohort of Young Companies Poised to Disrupt the Communications Industry BETHESDA, Md. & SUNNYVALE, Calif.–(BUSINESS WIRE)–#BeCryptoDiverse—Quantum Xchange, delivering the future of encryption with quantum safe crypto-agility, visibility, and management solutions, today announced it has been selected to join the 2023 Innovation Showcase on Sept. 22, 2023. Hosted by Silicon Valley’s Telecom Council, the invitation-only event introduces startups and innovation to global telcos and major telecom vendors who are dedicated to partnering with new companies, investing in new technologies, and exploring new market opportunities. 5G will be the infrastructure in place when the era of quantum computing has fully arrived, adding new complexities and security concerns to next-generation connectivity. For the promise of 5G innovation to be met, these new software-defined networking environments must embrace future-forward security measures that can keep pace with an evolving threat landscape, changing business requirements, and regulatory mandates without requiring network downtime or expensive rip and replace scenarios. Quantum Xchange’s patented technology works with an organization’s existing encryption environment as an architecture overlay, enabling organizations to immediately and effortlessly build a crypto-agile infrastructure capable of bringing quantum-safe security to every data link, interconnect, and VPN tunnel on a 5G network. “Telcos take cybersecurity very seriously,” said Liz Kerton, President of the Telecom Council. “So, the fact they chose Quantum Xchange as part of this year’s Innovation Showcase reflects how network operators are looking at future risks and understand that classic encryption is no match for threats from quantum computing.” During the Innovation Showcase, 15 private companies with ready-to-deploy technologies and services addressing telecom priorities will be introduced to their future partners from global carriers, telecom vendors and investors. See Telecom Council press release for the full list of 2023 participants and to learn more about the selection criteria. This is not the first time Quantum Xchange has been recognized for its contribution to the telecom industry. Earlier this year the company was awarded a 2023 INTERNET TELEPHONY SD-WAN Product of the Year Award for its ability to demonstrate the innovation, vision, and execution to deliver software-based networking tools to support different and unique communities of interest. Download the Quantum Xchange solutions brief to learn more about the quantum advantage for managed connectivity and networking-as-a-service providers. About Quantum Xchange Quantum Xchange protects the world’s data in motion from advances in computing and everyday cybersecurity risks. Its award-winning, cryptographic management platform, Phio Trusted Xchange (TX) and network monitoring and risk assessment tool, CipherInsights empowers organizations to bring existing IT infrastructure and SD-WAN environments into the post-quantum era easily, affordably, and through policy configuration and control. Commercial enterprises, government agencies, and managed connectivity providers can leverage all NIST-approved PQCs, achieve cryptographic clarity, embrace crypto-agility, diversify risk, and implement cryptographic governance with no bumps in the wire, no latency, no new hardware on the critical path. To learn more about future-proofing your data from whatever threat awaits, watch the explainer video and visit QuantumXC.com for the latest company news and events. About Telecom Council The Telecom Council is a global community of major telcos, telecom vendors and communications investors committed to partnering with new companies, investing in new technologies, and exploring new market opportunities. Over 100 startups and new technologies are introduced every year through monthly meetings in Silicon Valley, private introductions, focused demos and our proven MatchMaker service. Our members, calendar, speaker application, and membership benefits are online at http://www.telecomcouncil.com Contacts April Burghardt CMCO at Quantum Xchange [email protected]

The G20 set to reveal a comprehensive framework for regulating crypto. This is the first G20 meeting to be held in India as well as South Asia. The crypto market has experienced significant growth and developments over the past few years. As every country is developing and adopting crypto, the G20 is to discuss a game-changing move for crypto regulations, international taxation, and bank finances. Moreover, the G20 finance ministers and central bank governors came up with exciting news for the crypto community. According to the report, global finance ministers will meet in India next week to discuss the regulations on cryptocurrencies, reforming debt architecture, and increasing loans to developing countries. Moreover, the G20 set to reveal a comprehensive framework for regulating and supervising crypto assets. The G20 is the premier forum for international economic cooperation. Moreover, it plays a crucial role in shaping and enhancing global architecture and governance on all major international economic issues. The recent move to regulate cryptocurrency aims to bring clarity and stability to the crypto market. It ensures protection and fosters innovation. Guiding Principles for Crypto Regulation at the G20 Meeting The committee will present recommendations to optimize the balance sheets of development banks in an independent committee co-chaired by N.K. Singh and Lawrance Summer. And also, the move expected to enhance lending capacity and improve the effectiveness of these institutions. The G20 Treasury heads and finance ministers anticipated coming to an understanding of the guiding principles for handling cryptocurrencies in their different regions. Moreover, The IMF supported the Indian government’s stance that crypto assets would need global and coordinated regulation while giving sovereigns the choice to outlaw such assets at the first meeting of finance chiefs in February. Ajay Seth, India’s Economic Affairs Secretary, stated that the coming meeting will cover the first volume of a report and a “guidance note” to create a globally coordinated framework for the regulation and supervision of crypto assets. The Organization for Economic Co-operation and Development (OECD) has proposed a framework that highlights important disparities in how large multinational corporations taxed. Moreover, this is the first G20 meeting to be held in India as well as South Asia.

MetaCene has completed its seed fundraising round, amassing a remarkable group of both Web2 and Web3 investors. Bolstered by renowned powerhouses of both spheres, the round culminated with a total of $5M. MetaCene: The Future of Blockchain-Powered MMORPG MetaCene is crafting a blockchain-based MMORPG, featuring a surreal post-apocalyptic world where players utilize a variety of NFTs to redefine civilization. MetaCene aims to create an accessible Web3 world for the masses, with a focus on player-centric entertainment, governance, and AIGC-powered creation. Impressive Investor Support for MetaCene’s Vision As a Web3 pioneer, MetaCene seeks to build a Web3 environment that is not only innovative but also Web2 friendly. This ambitious vision has garnered investments from a number of notable corporations, including a wealth of Web2 firms backed by renowned listing companies. SevenX Ventures and Hash Global are spearheading the investment round, with WeMade, Emurgo, MixMarvel DAO Venture, Sinovation Ventures, and LK Venture among the other powerful names bolstering MetaCene. SevenX Ventures is a venture capital fund birthed by crypto veterans boasting an average industry experience of 5 years. SevenX Ventures has built a name through expertise in marketing, funding, tokenomic design, and resource integration. Their remarkable track record in fostering entrepreneurship underlines their critical role in MetaCene’s journey. Hash Global, another prominent player in this round, is a fund management firm that specializes in blockchain and crypto asset investment. They intend to create a thriving Web3 ecosystem by connecting global creative forces with professional skills and robust resources. With their investment in MetaCene, their mission continues to gain traction. WeMade, a well-known South Korean video game developer and one of MetaCene’s prestigious backers, recently flaunted an impressive user base exceeding 120 million across Asia. They consistently demonstrate their potential through outstanding performance. Emurgo is a founding entity of the Cardano blockchain that provides products and services that accelerate the adoption of Cardano’s Web3 ecosystem. They’ve shown a strong interest in MetaCene’s shining potential. Further strengthening MetaCene’s alliance is LK Venture, a subsidiary of Linekong Group and a Web3 investment and research institution. Known previously as Consensus Lab, and having invested in over a hundred projects across diverse regions, It now pins considerable expectations on MetaCene. Sinovation Ventures, a dominant Chinese technology venture capital firm, bolster this lineup with its extensive experience investing in early-stage companies. Lastly, MixMarvel DAO Venture, a decentralized investment group known for working with high-caliber Web3 projects, extends its support to MetaCene. Their efforts have earned them a commendable reputation in the recent years of exponential growth. In total, MetaCene has secured an impressive $5 million in investment, fueling its ambitious vision for the future. MetaCene’s Extensive Collaboration As the MetaCene world evolves, it garners widespread attention, interest, and the coveted trust of some of the industry’s most renowned entities. Their support serves as an endorsement of MetaCene’s potential and capabilities. Even prior to the successful completion of the investment round, MetaCene had already forged alliances with world-renowned partners, officially announcing the collaborative union of 24 prominent entities. These include integrating blockchain content platforms MixMarvel and Space3, Web3 solutions provider BlockchainSpace, and the technical backbone services of Rangers Protocol. MetaCene also collaborates with metaverse supporters such as BreederDAO and Ancient8, while building a strong economic system with the powerful Element NFT marketplace. The partnership with IndiGG, one of the world’s largest gaming guilds, reflects the critical role of guilds and community participation in MetaCene’s growth. Other members like Hooga Gaming, Troy Guild, and MGG demonstrate their confidence in MetaCene’s performance and express their support for its world-building and expansion. A Rising Tide of Anticipation for MetaCene’s Upcoming Initiatives In the wake of the successful fundraising campaign, MetaCene’s disclosure of its upcoming plans has incited waves of interest and anticipation among both investors and gaming enthusiasts. A key highlight is the release of the Apostle NFT collection, the genesis NFT of the game ecosystem. This exclusive collection, limited to only 500 generative NFTs, grants early access to both testing and official versions of MetaCene, advanced in-game NFTs, and exclusive event participation. MetaCene is also gearing up for alpha testing, seeking critical insights and feedback to fine-tune user experience and optimize player-centric gameplay. Alongside the Apostle NFT collection and alpha testing, MetaCene will soon open whitelist applications for those interested in securing a coveted spot in the early access phase of the MetaCene ecosystem. A maximum of 3000 slots will be offered for the Alpha test, providing an opportunity to pre-test and preview the expansive landscape. With this successful fundraising effort, MetaCene confidently strides into the future of the Metaverse. The attentive community also echoes this optimism and anticipation for MetaCene’s upcoming developments. About MetaCene MetaCene is building a next-gen blockchain MMORPG homeland for mass players. It presents a surreal post-apocalyptic society where survivors interact with diverse NFTs to redefine civilizations. MetaCene pioneers player-centric entertainment, governance, and creation through innovative PVE and PVP gameplays, robust technology infrastructures, social guild DAO governance, sustainable economic systems, and in-game editors. MetaCene is founded by gaming experts with 20+ years of industry experience from Shanda Games, Blizzard, Perfect World, and others. It envisages a multi-chain future from Rangers Protocol with real-time confirmation and super-low gas fees. The MetaCene Apostle NFT collection and the Alpha version are coming in 2023 Q2. Website | Twitter | Discord | Telegram Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Indian Home Minister, Amit Shah on a plot to get rid of crypto terrorism. Any virtual asset transaction should involve biometric identification, Amit Shah says. Though crypto and virtual assets are gaining popularity, there exists certain criticism including terrorists’ usage of cryptocurrencies in an anonymous way. Amit Shah, an Indian Minister of Home Affairs has highlighted the consequences of terrorists utilizing the crypto assets and metaverse. However, the growing crypto exploitation points the terrorism as fuel. As per the information from Crypto India, the financial transactions of terrorists have been predicted using crypto assets. The way of reach might hype the younger generation through the metaverse platform. Amit Shah Alarms the Nation Concerning the speech delivered by Amit Shah, India seeks new ideas through unknown methodologies of using virtual assets. Alongside, he condemned retaining the financial wealth of the country with ridiculous methods. He also mentioned that the terrorists use the DarkNet for the game-change mechanism. Moreover, India needs to look for the safety measures of abrupt change before terrorists do. The virtual assets and metaverse have reached far ahead in the country with their knowledge. Furthermore, in the future, there could be something more innovative would rise than metaverse which might tend to provide a huge impact across the world. For the concern of safety, there needs a biometric way of approval identifying the user before making a transaction of any cryptocurrency. This way we could have cyber security by our side interpreting the misinformation which gets transferred, added Amit Shah.

The round was led by Greenfield, with supporting investment from the NEAR Foundation, Draper Associates, and Polygon Ventures DENVER–(BUSINESS WIRE)–Opolis, a member-owned platform that uses blockchain to provide employment infrastructure for independent workers, has secured a bridge fundraising round of $6.6M. The round was led by Berlin-based European crypto investment firm Greenfield, with supporting investment from notable entities including the NEAR Foundation, Draper Associates, and Polygon Ventures. “At Opolis, we’re creating a radically new workplace structure and empowering independent workers to dream bigger than a traditional 9-to-5 career,” said John Paller, Executive Steward of Opolis. “We’re obsessed with creating the best possible experience for our Members, and thanks to the support of Greenfield and our other aligned investors, we’re now able to dial in our proof of scale for the long game.” Opolis supplies tools for independent workers to professionalize their businesses, allowing them to secure and manage employment benefits, payroll, and to access shared services like unemployment, disability, and tax compliance. “Opolis represents a new paradigm for employment: regenerative (ReGen) employment. One where mutualistic outcomes prevail for workers and the clients, communities or projects they serve,” said Felix Machart, Partner at Greenfield. “We believe the team is best suited to accomplish its mission to build the future of work: John Paller, with over 20 years experience in HR tech and founder of ETHDenver along with his colleague Eddie Pastore, a seasoned professional in the payroll industry. Hence, we are very excited to support Opolis on this journey.” The funds raised will be used to scale the business and implement a more frictionless user experience. The roadmap for feature enhancements focuses on improved information accessibility, specifically accounting data, tax reporting details, and health insurance information. “Opolis stands at the nexus between the evolution of work and next generation technologies,” added Tim Draper, Founder of Draper Associates. “With millions of workers exiting the ‘traditional office,’ Opolis fills the need for a platform that serves these workers with amazing services that historically were only available to workers in the old economy.” Marieke Flament, CEO of the NEAR Foundation, said, “Opolis is using web3 technology to provide much needed solutions for a changing workforce that is increasingly characterized by fractionalized, decentralized, and remote work. We are excited to play a part in their journey, and believe that their technology has the potential to deliver real value for millions of workers by democratizing access to career development regardless of geography.” This fundraise follows pre-seed and seed round raises, bringing Opolis to a total of $13.3M with the most recent funding raised at a $50M valuation. To become a member or learn more, visit opolis.co for additional information. About Opolis Opolis is a member-owned digital employment platform that uses blockchain technology to supply tools that independent workers can use to manage their employment benefits, payroll, and shared services. Opolis was founded by John Paller, a technology entrepreneur with 20 years in HR technology, compliance and employment systems and founder of ETHDenver, the largest and longest-running Web3 innovation event in the world. Visit Opolis.co for more information. About Greenfield Greenfield Capital is a European crypto investment firm, backing developer teams building toward an open, decentralized, and more robust architecture of tomorrow’s web. Founded by Sebastian Blum and Jascha Samadi in 2018, Greenfield provides funding and competent support in operations (e.g. running validators for networks and protocols in-house), token economics and governance. Having delivered superior capital returns with their I. and II. crypto fund, Greenfield initiated 2021 its III. crypto fund, one of the largest funds dedicated to crypto in Europe to date (€135m). Greenfield’s portfolio includes Nym, NEAR, Celo, Dapper Labs, Safe, Liquity, Arweave, 1inch, The Fabricant and DRESSX among others. About Draper Associates Founded in 1985 by Tim Draper, Draper Associates is the leader in early-stage venture capital that continues to invest in technology companies that show exceptional promise. The firm’s investments have included Coinbase, Baidu, Tesla, Skype, SpaceX, Twitch, Hotmail, Focus Media, Robinhood, Carta, and other industry unicorns at the early stage. Draper Associates has built a reputation for encouraging entrepreneurs to drive their businesses to greatness, to transform industries with new technologies, and to build platforms for extraordinary growth, jobs and wealth creation. Send plans to [email protected]. To learn more, visit www.draper.vc. About NEAR Foundation NEAR Foundation is a non-profit that supports the growth and Web3 development on NEAR, the Blockchain Operating System (BOS) – an industry-first common layer for browsing and discovering open web experiences. NEAR Protocol’s front end is compatible with all blockchains, making it the entry point to the open web for users and developers alike. Established by a community-driven team of engineers and entrepreneurs, NEAR Protocol is simple to use and good for the environment. Contacts Taryn Kosinski [email protected]

The first crypto industry ETF in the U.S., BITQ provides equity exposure to the bitcoin and digital asset sector through leading “pure-play” crypto companies. SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Asset Management, one of the world’s leading crypto asset managers, announced today that the Bitwise Crypto Industry Innovators ETF (NYSE: BITQ) recently surpassed $100 million in assets under management. The milestone comes amid what many consider a turning point for the crypto sector, which has seen positive industry developments, strong market performance, and growing investor interest throughout 2023. As of June 30, bitcoin had risen more than 83% year-to-date,1 while BITQ was up more than 135% over the same period.2 Since the fund’s inception in 2021, investors have utilized BITQ for its potential impact on portfolio diversification and as a way to access an emerging growth sector through a traditional equity ETF vehicle. “We’re proud that investment professionals continue to trust BITQ to get exposure to the bitcoin and digital asset economy through a carefully designed, traditional equity ETF,” said Mick McLaughlin, Chief Distribution Officer at Bitwise Asset Management. “We’re grateful to our clients for this milestone and for the privilege of being their partner.” The first crypto industry ETF, BITQ seeks to track an index designed by Bitwise that consists of leading companies driving the fast-growing crypto economy. At each rebalancing, at least 85% of BITQ’s holdings are “pure-play” firms, which derive more than three-quarters of their revenue from crypto-related businesses, while up to 15% of holdings are reserved for more diversified companies making meaningful investments in the space. Founded in 2017, Bitwise manages a broad suite of 18 professional investment solutions, including ETFs, publicly traded trusts, SMA strategies, multi-strategy solutions, and private funds. The firm is known for its nationwide distribution team of crypto specialists, five-year track record, and industry-leading research, including its quarterly reports, white papers, and weekly CIO memo. Today, over 1,800 wealth teams, RIAs, family offices, and institutional investors leverage Bitwise to understand and access crypto markets strategically. Bitwise developed the Bitwise Crypto Innovators 30 Index on which BITQ is based with input from Morningstar-owned Moorgate Benchmarks, a London-based index calculation and benchmark administration firm known for its expertise in the index space. Exchange Traded Concepts, an ETF platform provider, serves as the investment adviser to the BITQ fund, and SEI Investments Distribution Co., a provider of technology and investment solutions for the financial services industry, is the fund’s distributor. About Bitwise Asset Management Based in San Francisco, Bitwise is one of the largest and fastest-growing crypto asset managers, offering both index and active strategies across a wide array of investment vehicles. The firm is known for creating the world’s largest crypto index fund (OTCQX: BITW), a suite of crypto-focused equity and futures ETFs, and investment products that span Bitcoin, Ethereum, DeFi, NFTs, and the Metaverse. Bitwise focuses on partnering with financial advisors and investment professionals to provide quality education and research. The team at Bitwise combines expertise in technology with decades of experience in traditional asset management and indexing, coming from firms including BlackRock, Blackstone, Meta, and Google, as well as the U.S. Attorney’s Office. Bitwise is backed by leading institutional investors and asset management executives, and has been profiled in Institutional Investor, CNBC, Barron’s, Bloomberg, and The Wall Street Journal. RISK DISCLOSURE AND IMPORTANT INFORMATION Carefully consider the fund’s investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in the Fund’s full or summary prospectus, which may be obtained by visiting www.BITQETF.com. Investors should read it carefully before investing. Investing involves risk, including the possible loss of principal. There is no guarantee or assurance that the methodology used to create the Index will result in the Fund achieving positive investment returns or outperforming other investment products. Indices are unmanaged and do not include the effect of fees. One cannot invest directly in an index. The Fund is non-diversified and will not invest in crypto assets directly or through the use of derivatives and also will not invest in initial coin offerings. The Fund may, however, have indirect exposure to crypto assets by virtue of its investments in Crypto Industry Innovators that use one or more crypto assets as part of their business activities or that hold crypto assets as proprietary investments. Diversification does not ensure a profit or guarantee against a loss. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Narrowly focused investments and investments in small companies typically exhibit higher volatility. Investors in the Fund should be willing to accept a high degree of volatility in the price of the Fund’s shares and the possibility of significant losses. An investment in the fund involves a substantial degree of risk. Certain of the Fund’s investments may be subject to the risks associated with investing in crypto assets, including cryptocurrencies and crypto tokens. Because crypto assets are a new technological innovation with a limited history, they are highly speculative asset. Future regulatory actions or policies may limit actions that can be taken with regard to crypto assets. The price of a crypto asset may be impacted by the transactions of a small number of holders of such crypto asset. Crypto assets may decline in popularity, acceptance or use, which may impact their price. The technology relating to crypto assets and blockchain is new and developing. Currently, there are a limited number of publicly listed or quoted companies for which crypto asset and blockchain technology represents an attributable and significant revenue stream. Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Exchange Traded Concepts, LLC serves as the investment advisor of the fund. The Fund is distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Exchange Traded Concepts, LLC or any of its affiliates. 1 Source: Bitwise Asset Management 2 As of June 30, BITQ’s three-month return was 37.50%, its one-year return was 44.68%, and its annualized return since inception was -40.08%. The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. Performance data current to the most recent month-end may be obtained by calling 1-833-365-BITQ (2487). Please see additional important disclosures below. Contacts Frank Taylor / Ryan Dicovitsky, Dukas Linden Public Relations, [email protected]

Dubai, United Arab Emirates, July 13th, 2023, Chainwire XBorg, the Web3 company developing a collaborative credential infrastructure that allows players to create their digital identity and enjoy tailored user experiences within enhanced gaming applications, sold out their $2 million seed round community allocation in record time. The funds will facilitate the scaling and adoption efforts of XBorg’s infrastructure and applications to reach millions of players and fans worldwide. Ahead of the raise, XBorg collected interest from more than 8,300 investors totalling $7M in soft commitments but decided to cap the community allocation at $2 million and maintain the remaining $3 million for leading VCs, closing out the $5 million seed round. The $XBG token, expected to be launched towards the end of 2023, is now sitting at a $50m valuation. In the coming months, XBorg is launching its first application in partnership with some of the most prominent esports teams in the industry. The current Rocket League world champions, Team BDS, were the first team to be announced, with many more in the pipeline. The XBorg app will enable players and fans to build their digital identity, meaningfully connect with their favourite gaming communities, and collect digital items with unique perks that unlock exclusive experiences. By the end of the year, XBorg aims to become the fastest-growing gaming credential infrastructure via its partnerships with tier-1 esports teams and popular gaming influencers. Users can already create an XBorg account and get a taste of what their complete app will be like here. Users are rewarding early supporters of their ecosystem, so they should be sure to be active participants and refer their friends if they want to take advantage of this. About XBorg XBorg is developing a collaborative credential infrastructure that allows players to create their digital identity and enjoy tailored user experiences within enhanced gaming applications. XBorg is releasing its first application powered by its credential infrastructure, in partnership with the largest esports organisations in the world, to scale the adoption of its technology to millions of players and fans. XBorg is a spin-off of SwissBorg, a crypto wealth management application with over 750,000 users. For more information about XBorg, visit their website, follow them on Twitter, or join their community on Discord. Contact Growth & Marketing Connor Kirsten XBorg [email protected]

Bullish BRISE price prediction for 2023 is $0.0000002806 to $0.0000003863. Bitgert (BRISE) price might reach $0.0000005 soon. Bearish BRISE price prediction for 2023 is $0.0000001529. In this Bitgert (BRISE) price prediction 2023, we will analyze the price patterns of BRISE by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. Bitgert (BRISE) Current Market Status Current Price $0.0000002606 24 – Hour Trading Volume $2,529,049 24 – Hour Price Change 2.49% Down Circulating Supply 395,688,215,721,653 All – Time High $0.00000404 (On Aug 13, 2021) BRISE Current Market Status (Source: CoinMarketCap) What is Bitgert (BRISE)? Bitgert (BRISE) is a blockchain project that emerged in July 2021, focusing on crypto engineering and centralized exchange solutions. Originally built on BNB Chain, it later introduced the BRC20 blockchain in 2022, enabling near-zero gas fees and rapid cross-chain transactions. More specifically, the gas fee is $0.0000000000001 per transaction, while the supported throughput is up to 100,000 TPS. Notable products offered by Bitgert include Bitgert Blockchain, Bitgert Exchange, Paybrise, Realestate Marketplace, Decentralized Marketplace, BRISE staking, and BRISE Swap. BRISE serves as the native token of Bitgert, offering staking opportunities and rewards in BUSD on the BSC network exclusively. Also, Bitgert offers an alternative to the popular DEX platform PancakeSwap. Bitgert (BRISE) Price Prediction 2023 Bitgert (BRISE) ranks 192nd on CoinMarketCap in terms of its market capitalization. The overview of the Bitgert Price prediction for 2023 is explained below with a daily time frame. BRISE/USDT Inverse Ascending Channel Pattern (Source: TradingView) In the above chart, Bitgert (BRISE) laid out an Horizontal Channel 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 Bitgert (BRISE) was recorded at $0.0000002556. If the pattern trend continues, the price of BRISE might reach the resistance levels of $0.0000002903 and $0.0000003894. If the trend reverses, then the price of BRISE may fall to the support of $0.0000002514 and $0.0000002165. Bitgert (BRISE) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Bitgert (BRISE) in 2023. BRISE/USDT RVOL, MA, RSI (Source: TradingView) Resistance Level 1 $0.0000002806 Resistance Level 2 $0.0000003863 Support Level 1 $0.0000002048 Support Level 2 $0.0000001529 BRISE/USDT Resistance and Support Levels As per the above analysis, if Bitgert’s (BRISE) bulls take the lead, it might hit and break through its resistance level of $0.0000003863. Conversely, if Bitgert’s (BRISE) bears dominate the trend, the price of BRISE might plunge to $0.0000001529. Bitgert (BRISE) 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 Bitgert (BRISE) are shown in the chart below. BRISE/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 Bitgert (BRISE) 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 BRISE price lies above 50 MA (short-term), indicating its uptrend trend. Hence, it can be concluded that BRISE is in a bullish 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. Traders often use the RSI to crucially 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 BRISE is at 54.84. Therefore, this indicates BRISE is nearly in an overbought state. Bitgert (BRISE) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Bitgert (BRISE) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI). BRISE/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 BRISE lies in the range of 36.06, pointing out a weak trend. The above chart also displays another technical indicator – the Relative Volatility Index (RVI). This is used to measure the volatility of an asset’s price movement over a specific period. With respect to the chart’s data, the RVI of BRISE lies below 50, indicating low volatility. Comparison of BRISE with BTC ETH Let us now compare the price movements of Bitgert (BRISE) with Bitcoin (BTC) and Ethereum (ETH). BTC Vs ETH Vs BRISE Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of BRISE is in a similar trend with respect to BTC and ETH. This indicates that when the price of BTC and ETH increases or decreases, the price of BRISE also increases or decreases respectively. Bitgert (BRISE) Price Prediction 2024-2030 With the help of the aforementioned technical analysis indicators and trend patterns, Let us predict the price of Bitgert (BRISE) between 2024 and 2030. Bitgert (BRISE) Price Prediction 2024 If bulls dominate the price momentum and trend patterns, then Bitgert (BRISE) might successfully test and surpass its resistance levels to hit $0.000001 by 2024. Bitgert (BRISE) Price Prediction 2025 The significant upgrades in the Bitgert ecosystem might persuade the entry of an increased number of investors. This may eventually boost the Bitgert (BRISE) price to reach $0.000003 by 2025. Bitgert (BRISE) Price Prediction 2026 If Bitgert (BRISE) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $0.000005. Bitgert (BRISE) Price Prediction 2027 Bitgert (BRISE) might sustain major resistance levels and continue to be recognized as a good investment option. If it stands so in the market, BRISE would rally to hit $0.000008. Bitgert (BRISE) Price Prediction 2028 If Bitgert (BRISE) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, BRISE would hit $0.00001 by 2028. Bitgert (BRISE) Price Prediction 2029 If investors flock in and continue to place their bets on Bitgert (BRISE), then the crypto would witness major spikes. Hence, BRISE might hit $0.00003 by 2029. Bitgert (BRISE) Price Prediction 2030 If the trend momentum aligns in favor of Bitgert, then the BRISE price is expected to rally to $0.00005 by 2030. Furthermore, BRISE would hold a positive market sentiment and be recognized as a long-term investment with highly profitable ROI. Conclusion If Bitgert (BRISE) establishes itself as a profitable investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Bitgert (BRISE) price prediction for 2023 is $0.0000003863. Relatively, the bearish Bitgert (BRISE) price prediction for 2023 is $0.0000001529. If there is a positive elevation in the market momentum and investors’ sentiment, Bitgert (BRISE) might hit $0.0000005. With future upgrades and advancements in the Bitgert ecosystem, BRISE might surpass its current all-time high (ATH) of $$0.00000404 and mark its new ATH. FAQ 1. What is Bitgert (BRISE)? Bitgert (BRISE) is one of the leading cryptocurrencies that was launched in July 2021. Initially, Bitgert was built on the BNB Chain and used BNB to pay rewards. However, a major milestone for Bitgert came in 2022 with the introduction of the BRC20 blockchain. 2. Where can you purchase Bitgert (BRISE) ? Bitgert (BRISE) has been listed mostly on all crypto exchanges – from Gate.io, PancakeSwap (V2), MEXC, and Hotbit. 3. Will Bitgert (BRISE) reach a new ATH soon? With the ongoing developments and upgrades within the Bitgert platform, BRISE has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Bitgert (BRISE)? On Aug 13, 2021, Bitgert (BRISE) reached its new all-time high (ATH) of $0.00000404. 5. What is the lowest price of Bitgert (BRISE)? According to CoinMarketCap, BRISE hit its all-time low (ATL) of $0.000000000616584 on September 09, 2021. 6. Will Bitgert (BRISE) reach $0.0000005? If the bullish trend continues and if Bitgert (BRISE) retests its resistance levels, it will hit $0.0000005 soon. 7. What will be Bitgert (BRISE) price by 2024? Bitgert (BRISE) price is expected to reach $0.000001 by 2024. 8. What will be Bitgert (BRISE) price by 2025? Bitgert (BRISE) price is expected to reach $0.000003 by 2025. 9. What will be Bitgert (BRISE) price by 2026? Bitgert (BRISE) price is expected to reach $0.000005 by 2026. 10. What will be Bitgert (BRISE) price by 2027? Bitgert (BRISE) price is expected to reach $0.000008 by 2027. Top Crypto Predictions Solana (SOL) Price Prediction 2023 Bone ShibaSwap (BONE) Price Prediction 2023 Binance Coin (BNB) 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 operator of a decentralized wireless network, World Mobile, has said that it has obtained licensed spectrum in the United States. In the company’s effort to provide dependable and inexpensive internet connectivity to underserved parts of the United States, this strategic initiative represents a critical turning point. World Mobile’s aspirations for US growth are well-supported by the acquisition of up to 20MHz of spectrum in the states of California, New Mexico, Nevada, and Utah. The company’s decentralized hybrid-connection solution, which integrates blockchain technology with aerial and terrestrial infrastructure to deliver connectivity at a cost many times cheaper than conventional mobile network providers, will be made possible thanks in large part to the spectrum. World Mobile CEO Micky Watkins said: “By securing licensed spectrum, we are signaling our intent to revolutionize the connectivity landscape in the United States. Securing spectrum strengthens our position to deploy our network and support a profitable sharing economy. We believe in harnessing the collective power of individuals and communities to create a more inclusive and connected world.” Securing licensed spectrum by World Mobile is in line with the US government’s strategy to facilitate nationwide connectivity. A $42 billion high-speed internet project, recently unveiled by President Biden, promises to increase broadband access in low-income and rural regions while also fostering market competition and affordability. The funds have been formally dispersed by the Commerce Department, which awarded grants at the State level ranging from around $27 million to more than $3.3 billion, mostly depending on local needs. After a successful commercial debut in Tanzania and field testing in Kenya, Nigeria, and Mozambique, World Mobile hopes to roll out its service in the US later this year. Manoj Kohli, formerly the national head of Softbank India and the CEO of Bharti Airtel, was recently hired by the firm, which has resulted in a boost to the company’s leadership team. Kohli brings more than 40 years of expertise in the telecommunications industry to the table.

Following the bearish wave which has swept across the crypto market today, the KAVA token has experienced a significant fall in its market price. According to data from CoinMarketCap, KAVA is currently down by 10.90%, representing the biggest loss of the day. In general, the total crypto market cap is down by 0.31%, with the market leader, Bitcoin (BTC), losing by 0.46% in the last 24 hours. This is while prominent tokens, such as Ripple (XRP), Dogecoin (DOGE), and Solana (SOL), have managed to stay afloat, recording no significant gain or loss. KAVA Price Action And Analysis KAVA began the week with sideways movement hovering around that $0.94 price region. However, after a slight price dip which saw the token retest at $0.91 on July 10, it embarked on a bullish run reaching as high as $1.02 the next day. Related Reading: PEPE Price Drops More Than 60% From ATH – What Lies Ahead? Following a consolidation at this zone for some hours, the token experienced a significant price boost yesterday, hitting a top price of $1.06. Albeit, since attaining this price level, KAVA has been on a downward trend returning to the price levels seen at the start of the week. Analyzing its 4-Hour chart, KAVA is currently in a strong consolidation zone, but if the bulls assume control of the market, the token could rise to the $1.06 price region, which has previously served as a strong resistance level. A sustained bullish momentum that results in the altcoin pushing past this level could lead to a market price in the region of $1.22. That said, if the current selling pressure remains strong, KAVA could drop from its consolidation zone, falling as low as $0.73. Based on CoinMarketCap data, KAVA is currently trading at $0.94, with a 0.16% gain in the last hour. Meanwhile, the token’s daily volume is down by 16.64% and now stands at $48 million. KAVA ranks as the 70th biggest cryptocurrency with a market cap value of $588 million. KAVA Records Some Positive Moves Despite Price Movement Contrary to its negative price movement today, Kava has actually recorded some positive news in the last few days. Just yesterday, its blockchain network launched the Kava 14 mainnet upgrade, which in part likely caused the price hike seen yesterday. As expected, this latest upgrade introduces a lot of new features, most notably smooth and seamless asset conversion between the Cosmos and Ethereum ecosystems. Related Reading: Shiba Inu Whale Holding 10% Of Total SHIB Supply Shocks The Market In addition to this network upgrade, KAVA was also recently listed by the Bitfinex cryptocurrency exchange. Launched in 2012, Bitfinex ranks as one of the top exchanges in the world, with a presence in 52 countries worldwide.

Polygon proposes replacing MATIC, with POL as the universal token across all its networks. Polygon 2.0 upgrade aims to enhance security, scalability, and sustainability. POL will serve as a unified token for all Polygon-based networks, including PoS, zkEVM, and Supernets. Polygon, a leading Ethereum scaling solution, has put forth a groundbreaking proposal to replace its existing native token, MATIC, with POL as the universal token across all Polygon networks as part of its highly anticipated Polygon 2.0 upgrade. Polygon 2.0 aims to bolster the security, scalability, and sustainability of the Polygon ecosystem. Also, POL would serve as a unified token for all Polygon-based networks, including Proof of Stake (PoS), zkEVM, and Supernets. It represents a significant advancement as the third generation of native assets—a hyperproductive token with groundbreaking features. With the adoption of POL, MATIC token holders will experience a seamless transition, as their tokens will be upgraded to POL on a 1:1 ratio. This upgrade will eliminate the existence of two separate native tokens, streamlining the ecosystem and aligning the community. Further, POL offers several key advantages. Holders of POL will have the opportunity to participate as validators across multiple chains, enabling them to validate and secure various Polygon networks. In addition to the ability to validate multiple chains, POL introduces the concept of multiple roles for validators. Validators can engage in activities such as zero-knowledge proof generation, participation in Data Availability Committees (DACs), and other valuable tasks within its ecosystem. Polygon 2.0: The Four-Layered Structure To enhance security and scalability while ensuring atomic and instantaneous transactions, Polygon 2.0 introduces a four-layered structure. Polygon 2.0 Protocol Architecture (Source: Polygon) The first layer, known as the Staking Layer: maintains the existing validator manager contract on the Ethereum blockchain. The second layer, called the Interoperability Layer, builds upon the Staking Layer and connects all Polygon chains using bridges. The third layer, known as the Execution Layer. That enables Polygon chains to process blocks in a similar manner to Ethereum blocks. It comprises various components such as peer-to-peer (P2P) communication, consensus mechanisms. Finally, the Proving Layer, the fourth layer in the architecture, is responsible for generating proofs for both internal and cross-chain transactions within each Polygon chain. Recommended for you Polygon (MATIC) Price Prediction 2023

N/A, N/A, July 13th, 2023, Chainwire BNB Chain’s Hackvolution is receiving support from COMBO, Google Cloud, CyberConnect, Hooked Protocol, and Ultiverse, as well as several world-leading universities for the upcoming hackathon The Hackathon aims to unleash the power of opBNB and Greenfield to transform developers into successful project founders BNB Chain, the world’s largest smart contract blockchain in terms of daily active users, has today announced Hackvolution, its global 7-week Hackathon, starting on July 13th and running until September 1st. Hackvolution gets support from COMBO, Google Cloud, CyberConnect, Hooked Protocol, and Ultiverse as key partners with mentors joining from leading universities. Interested participants can register here to take part in the upcoming hackathon. The hackathon aims to bring the Web3 community, developers, researchers and scientists together to contribute to the advancement of blockchain technology. The core focus will be on opBNB and BNB Greenfield within the BNB Chain ecosystem, whereby developers will have the opportunity to build decentralized applications (dApps) that leverage the functionality and modularity of these platforms. To bolster innovation across a diverse set of sectors, dApps will be categorized into four domains including, Infra, DeFi, Gaming, and AI. In addition, this event also opens up potential opportunities to access grants and the Most Valuable Builder (MVB) program under Binance Labs incubation. All applicants can expect four days of online workshops and an opportunity to engage with the BNB Chain developer community of 10,000+ developers. They will also receive 24/7 tech support, early access to BNB Chain updates and and exclusive access to the BNB Chain team A panel of judges made up of experts from the Web3 media, community and education sector will evaluate projects based on five key aspects: Technical innovation, Business model and Team configuration. The best 12 projects s from four domains will be selected to participate in the demo day and be eligible for rewards including: $10000 prize for 1st place winners of each track Bonuses based on ranking 1-month trial participation in the BNB Chain Gas Grant program A tailored marketing support package with BNB Chain Access to the discounted tools and services from the BNB Chain Kickstart program $2000 worth of credits and a POC trial coupon valued at $5000 from Google Cloud and Alibaba Cloud There will also be a separate $7500 prize pool for winners of the Local Hacker Stars awards. The hackathon will have a global reach, with offline meet-ups planned across different regions, including Asia-Pacific, CIS, Europe, Middle East & North Africa and Latin America. “We are thrilled to invite participants from all over the world to join us in the BNB Chain Hackvolution,” said Victor Genin, Senior Solution Architect at BNB Chain. “This hackathon is a fantastic opportunity to not only benefit from the rewards on offer but to play a part in shaping the future of blockchain technology and contribute to the growth of the BNB Chain ecosystem.” The key dates for the BNB Chain Hackvolution are as follows: Launch Date: July 13 Registration Period: July 13 – August 22 Greenfield Code Demo: July 21 and July 25 opBNB Code Demo: July 24 Online Workshops: July 28, 31, August 1, and 2 Submission Period: August 2 – August 22 Local Offline Meetups: Dates will be announced on BNB Chain’s social media channels Reviewing Period: August 22 – August 27 Winner Confirmation: August 28 12 Best Projects Demo Day: September 1 To learn more about the hackathon and to register to take part, please visit here. Join us for the BNB Chain Hackvolution and let your ideas, skills, and passion ignite while leveraging the potential of opBNB and BNB Greenfield to create meaningful dApps. About BNB Chain BNB Chain is a community-driven and decentralized blockchain, powered by BNB. It consists of BNB Beacon Chain, its staking and governance layer, BNB Smart Chain (BSC), which is EVM compatible and facilitates a multi-chain ecosystem with its Layer-2 solutions, and BNB Greenfield, its decentralized data storage network. It is the world’s largest smart contract blockchain by daily active users. It has processed 3 billion transactions to date from 232 Million unique addresses making it the largest layer 1 blockchain globally and bringing developers massive user access with ultra-low gas fees, higher transactions per second and has experienced zero crashes since its inception. The ecosystem has more than 1,500 estimated active dApps at any given time across multiple categories such as DeFi, Metaverse, Blockchain Gaming, SocialFi, NFT, Infrastructure, and more. There are numerous programs available to support the Web3 ecosystem including the Gas Grant, Builder Grant, Kickstart, Most Valuable Builder (MVB) and AvengerDAO. Contact Rebecca Reid [email protected]

Data shows that 84.85%, or 1.06 million Shiba Inu addresses, are trading in red. The direction of the SHIB price will be heavily influenced by Shibarium development. Shiba Inu (SHIB) is consolidating its gains and trading sideways along with the rest of the cryptocurrency market, however, the bulk of its investors are now in the red. Specifically, as of July 12, data from the crypto analytics portal IntoTheBlock shows that 84.85%, or 1.06 million Shiba Inu addresses, are trading in red due to the asset’s current pricing, while just 11.14%, or 139,610, are in profit. Consolidation Phase According to statistics, the average price of $0.00001 is a big resistance level for SHIB since the vast majority of the holders in loss (411,390 addresses) have bought Shiba Inu at prices between $0.000008 and $0.000014. Moreover, the price of SHIB is consolidating at the moment. While the future may not look bright for most SHIB holders right now, anything can happen in this industry. This includes both positive (such as the upcoming Shibarium update) and negative (such as the current bearish) changes. The amount of transactions on the Shibarium testnet has increased significantly over the previous two days, as seen by statistics from the Puppyscan explorer. The number of transactions has almost surpassed 29 million, and if current trends continue, it may hit the 30 million mark by the weekend. There has been no recent increase in the number of linked wallets on Shibarium beta Puppynet, which now stands at 17,061,579. After much anticipation from the SHIB community, Puppynet finally went up on March 11 of this year. The direction of the SHIB price will be heavily influenced by factors like Shibarium development and wider market movements. Prospects for SHIB’s future may be better understood if these factors are evaluated. Highlighted Crypto News Today: Mike Novogratz Predicts Significant Bitcoin Price Surge by Year End

In the last week, Ethereum Classic (ETC) recorded a minor surge and a price dip. Axie Infinity (AXS) also seems to have recovered from its June 2023 tussle with the US SEC. Right now, investors are monitoring these tokens to see who will take the lead and present the most viable investment option. Meanwhile, VC Spectra (SPCT) raised $2.4M in private seed sales, making it to investors’ buy list for the second half of 2023. >>BUY SPCT NOW<< Ethereum Classic (ETC) Fails to Sustain Bullish Momentum After its August 2022 price pump and subsequent downward retracement, Ethereum Classic (ETC) has been rather quiet. The token has mostly traded between $15 to $25 in 2023. However, in June 2023, the coin took a minor hit when the US SEC began pushing for new regulations. The price of Ethereum Classic (ETC) hit a new low of $13.99 for the year. However, Ethereum Classic (ETC) took a bullish turn on July 1, 2023, and the token traded for $22.37. Analysts believe that the Ethereum Classic (ETC) price surge was caused by a massive influx of new and returning investors. Sadly, Ethereum Classic (ETC) was unable to sustain its bullish momentum, and the coin is currently ranging and stable. As a result, investors are waiting to see who will take the lead between Axie Infinity (AXS) and VC Spectra (SPCT), as it seems as if Ethereum Classic (ETC) is lacking. Axie Infinity (AXS) Remains Stable After Its Crypto Pump The past few weeks have been eventful for Axie Infinity (AXS). The token opened in June 2023 with a market price of $6.50. However, after the US SEC filed a lawsuit classifying Axie Infinity (AXS) as a security, the price of the token crashed to $4.65 in less than 10 days. Unfortunately, there was no reversal in this bearish trend till late June. Most analysts believe that the positive mood in the crypto market and the start of the second half of the year may have prompted big whales to buy Axie Infinity (AXS), thereby driving up its price. However, the crypto market eventually recovered from the SEC news, and Axie Infinity (AXS) saw a steady rise in price, trading at $6.56 in July 2023. Since the first week of July, Axie Infinity (AXS) has maintained a stable price, currently trading around $6. Therefore, if a sudden price pump occurs in the crypto market, it is likely that Axie Infinity (AXS) will follow suit. VC Spectra (SPCT) Takes the Lead, Offers Hope to Investors VC Spectra (SPCT) is a decentralized hedge fund that aims to drive innovation and development in the blockchain industry through strategic investments. As a VC Spectra (SPCT) holder, you get access to a wide range of profitable blockchain projects at their early stages. In addition, VC Spectra (SPCT) holders get quarterly rewards, exclusive access to ICOs, and profits from buybacks of successful blockchain ventures. Currently, VC Spectra (SPCT) is in its first presale phase and is selling for $0.008. When the crypto finally hits the mainstream market, it will sell for $0.08 and provide its initial investors with a 900% ROI. According to these expert forecasts, in this bull run battle, VC Spectra (SPCT) is clearly leading Ethereum Classic (ETC) and Axie Infinity (AXS). Learn more about the VC Spectra (SPCT) presale here: Presale: https://invest.vcspectra.io/login Website: https://vcspectra.io/ Telegram: https://t.me/VCSpectra Twitter: https://twitter.com/spectravcfund Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Celsius Network has also filed a lawsuit against StakeHound. By June of 2022, after the market meltdown of that year, CEL had dropped to 68 cents. A $2 billion lawsuit has been brought against FTX’s sister firm Alameda Research by Celsius Network on claims of suspicious trading activity that may have affected the price of the Celsius CEL token in 2022. Regulatory agencies such as the U.S. CFTC, the U.S. SEC, and federal prosecutors in Manhattan have been looking into Celsius Network, so the action is timely. Recently, Celsius Network made headlines when it launched a massive $2 billion lawsuit against FTX’s sister firm Alameda Research. The lawsuit states that in 2022, the price of the Celsius CEL token was significantly impacted by questionable transactions made by specific FTX users. In June of 2021, the price of CEL had risen to $8.02, from its ICO price of 30 cents. By June of 2022, after the market meltdown of that year, CEL had dropped to 68 cents. Minimizing Creditor Base Damage Creditors of Celsius Network, who are looking for fairness and clarity, think that the company’s demise may be traced back to fraudulent trading practices. By taking legal action, Celsius Network hopes to recoup significant money and reduce the damage to its creditor base. Celsius Network has also filed a lawsuit against StakeHound in addition to the claim against FTX. According to the complaint, Celsius lost almost $150 million because StakeHound had failed to return the tokens. 55,000 ether, 50M MATIC, and 66,000 DOT are the tokens in dispute. CEO Alex Mashinsky’s crypto lending business had a significant disaster late last year, drawing the attention of regulators. Before its collapse, the business allegedly broke regulations, according to CFTC investigators. Highlighted Crypto News Today: Shiba Inu Investors Trading in Green Shrink to Nearly 16%

TORONTO–(BUSINESS WIRE)–Tokens.com Corp. (NEO Exchange Canada: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that builds web3 businesses and owns an inventory of digital assets, is pleased to announce that its subsidiary, Hulk Labs (“Hulk”) is in the advanced development phase of creating a proprietary mobile phone-based web3 video game titled Astraeus Defense (https://astraeusdefense.com/). According to the Federal Trade Commission – Gaming is the largest sector of the entertainment industry with an estimated 3.2 billion gamers globally (2). Surpassing the combined revenues of the Music and Film industries, gaming generates a sum exceeding $170 billion annually (1). Citi GPS’ estimates the number of web3 wallets to surge from one million in 2022 to between 50 million – 100 million by 2025 (2). Mobile games offer a larger addressable global player base, outnumbering PC and console players. The Hulk team has identified this burgeoning opportunity in the video game industry and is positioning itself to be ahead of this shift as gamers move from web2 consoles and PCs to mobile play-to-earn web3 video games. Astraeus Defense is a competitive multiplayer sci-fi combat game that allows players to take on the role of one of eight unique extra-terrestrial species. Targeted at the Zalpha Generation (a combination of generation Alpha and Z), Astraeus Defense will be a mobile first game, with innovative web3 economic mechanics developed by Hulk Labs. Astraeus Defense leverages the most popular mechanisms from successful web2 and web3 minigames, which it pairs with a custom tokenomics system, bringing a novel experience to web3 gaming. In creating the game, Hulk has employed AI technology to develop the concept and establish some of the 2D game art. The team has also employed an AI assistive tool to enhance efficiency of certain aspects of the game’s 3D animation process. Under new leadership, Hulk Labs is utilizing its in-house expertise to launch games for brands and further develop its product offerings. The studio will focus on creating proprietary and branded mobile games targeted at the Zalpha Generation. “We have strategically evolved our approach at Hulk Labs by ramping up the development of our game studio. As part of this, we are excited for the launch of our game specifically targeted at play-to-earn, mobile users. Gaming is a massive market undergoing a shift. We have repositioned Hulk to service this growing opportunity,” says Andrew Kiguel, CEO of Tokens.com. “Hulk Labs boasts an exceptional team of highly skilled developers and tokenomics experts, which allows us to build out our own product lines and gives us the capabilities to service branded games for brands and businesses exploring web3 gaming.” Additionally, Hulk Labs has expanded its team and has hired additional staff to support game development, product development, and core game analytics. The expanded team enables Hulk to deliver on client brand projects and further the development of its data product. Astraeus Defense will be initially beta tested for use in 2023 and is scheduled for full release in Q1 of 2024. For more information on Astraeus Defense visit the website at https://astraeusdefense.com/ or learn more from the whitepaper at https://astraeuswhitepaper.info/. For additional updates and to stay connected follow us on twitter at https://twitter.com/AstraeusDefense and discord https://discord.com/invite/zSsJRkBKM3. About Tokens.com Tokens.com Corp is a publicly traded company that invests in web3 assets and owns an inventory of digital assets. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) web3 gaming. The Company also owns a portfolio of web3 related domain names. Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Web3 gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation. Visit Tokens.com to learn more. Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube. About Hulk Labs Hulk Labs (Or “Hulk”), is a web3 gaming studio, with a focus on 3 key areas: i) Web3 game economics and branded games for clients. ii) Data analytics via the creation of a web3 gaming dashboard for players. iii) The creation of unique mobile games. With an estimated 3.2 billion gamers globally, and growing daily, Hulk Labs is positioned itself to be ahead of the shift in gaming as gamers move from web2 consoles and PCs to mobile play-to-earn web3 video games. Additionally, Hulk offers expert consultation services in web3 gaming to brands seeking to tap into this exciting space. Hulk Labs is a subsidiary of Tokens.com, a publicly- traded company that builds web3 businesses. Hulk Labs operates at the forefront of the web3 gaming revolution. Stay up to date and connect with us on Twitter. For further information please visit https://hulklabs.com. Forward-Looking Statements This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to completion of the acquisition and closing date thereof and the benefits to be realized from the transaction, including the potential synergies between Metaverse Group and Tokens.com (including Hulk Labs, the gaming unit of Tokens.com). Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law. Sources: Microsoft Activision Administrative Complaint: https://www.ftc.gov/system/files/ftc_gov/pdf/D09412MicrosoftActivisionAdministrativeComplaintPublicVersionFinal.pdf MONEY TOKENS AND GAMES, Citi GPS: https://www.citifirst.com.hk/home/upload/citi_research/rsch_pdf_30143792.pdf Contacts Tokens.com Corp. Andrew Kiguel, CEO +1-647-578-7490 [email protected] Jennifer Karkula, Head of Communications [email protected] Media: Ali Clarke – Talk Shop Media [email protected]

In a jaw-dropping discovery that has sent shockwaves through the Shiba Inu community, a dormant whale has emerged from hibernation. This anonymous early investor, who holds a staggering 10.15% of the total SHIB supply, has recently made significant moves, causing speculation within the community. The whale, identified by his address “0x140”, has been dormant for a staggering 157 days, but has now reawakened with a series of unprecedented transactions. In a span of just 24 hours, the whale distributed a whopping 4 trillion SHIB tokens, equivalent to a staggering $30 million, across nine new wallets. Detailed data from Etherscan confirms the veracity of the whale’s recent movement. The whale distributed precisely 4,000,000,000,107 SHIB tokens across nine new wallets within a 24-hour period. The transfers began with a small amount of 107 SHIB to a specific address, followed by subsequent transfers of 500,000,000,000 SHIB each to eight separate addresses. Shiba Inu Whale Provides A Shock This unexpected flurry of activity has captured the attention of analysts and on-chain experts. Lookonchain, a prominent crypto analytics expert, noted that this whale is likely the largest holder of SHIB, with a current holding of 101.47 trillion SHIB tokens, worth an astonishing $756 million. Furthermore, this early investor has a total of 23 wallets where the SHIB holdings are distributed. This colossal whale’s involvement in the SHIB ecosystem dates back to its early days. Spot On Chain, an on-chain analyst, revealed that the whale initially acquired a staggering 103.33T SHIB with a mere 38 ETH ($14,000) during its inception. Riding the wave of SHIB’s meteoric rise, this investment once reached a staggering valuation of $8.16 billion. In 2021, during the infamous SHIB price pump, the whale made strategic moves, reaping significant profits. Spot On Chain revealed that the whale exchanged approximately 1.9 trillion SHIB across various platforms, including Binance, Coinbase, and MEXC, at an average price of $0.00000969 in July 2021. This savvy maneuver resulted in an estimated profit of $18.49 million. Notably, the whale also executed a substantial sale of 603 billion SHIB tokens for 2,411 ETH, equivalent to $9.6 million at the time. Additionally, the whale deposited a staggering 1.25 trillion SHIB, worth $8.77 million, into Coinbase during the same year. SHIB Breakout Not Confirmed Yet The recent flurry of activity by this influential whale has left the SHIB community speculating about the intentions behind these transactions. With the distribution of such a massive amount of SHIB tokens, there are growing concerns and uncertainties among SHIB proponents. As the market keeps a keen eye on this whale’s next moves, it is evident that the impact of this early investor cannot be underestimated. Holding 10% of the total SHIB supply, this whale wields significant influence over the market and has the potential to trigger substantial fluctuations in SHIB’s price. At press time, the SHIB price stood at $0.00000752. The breakout from the downward trend (yellow circle) that has been in place since the beginning of February has thus still not been confirmed. Also, the longer the price does not make a decisive move towards the 23.6% Fibonacci retracement level at $0.0000083, the more likely it becomes that the SHIB price will remain in bearish territory.