83 million SHIB destroyed in 24 hours
As reported by Shibburn crypto tracker, over the past 24 hours, various teams within the SHIB army have transferred a total of 83,335,225 SHIB to dead-end wallets, thus removing them from circulation forever.
So far, a total of over 410 trillion SHIBA INU (over 41% of the supply) have been burned already out of the initial one quadrillion tokens.
Russia develops blockchain system to replace SWIFT
Russia’s Rostec Group, a government organization that includes a number of technology companies, announced that they have developed a blockchain platform to launch a digital system for international payments capable of replacing the global SWIFT system.
The digital system of international payments will allow Russia to pay for its imports in its national currency, the Ruble, instead of the dollar. According to the Rostec group, the new system will also enable foreign countries to pay for their imports from Russia in their national currencies as well.
Synthetix racks up over $1M in daily fees as SNX token value surges 100%
Given the investors’ willingness to hold tokens instead of synths, the protocol racked up over $1.02 million in trading fees.
According to data from CryptoFees.info, Synthetix is currently the 3rd DeFi project in terms of trading fees, trailing only Uniswap and Ethereum. The trading volume of SNX has also grown significantly in recent days, which is about 100 million USD/day.
Iran to cut electricity to authorized crypto miners
According to a report from Tehran Times, authorities in Iran have announced that crypto miners operating in the country would have their access to electricity cut off by June 22.
Electricity to all 118 government-authorized mining operators in Iran will be cut off ahead of seasonal spikes in power demand, Mostafa Rajabi Mashhadi, spokesman for Iran’s power industry said.
Congress sends letter to EPA extolling Proof of Work mining benefits
U.S. Congress issued another letter to the Environmental Protection Agency (EPA) on Thursday with more educational material on proof of work.
It claims that a “substantial portion” of energy used in mining Bitcoin is extracted from renewable sources. Indeed, according to the Bitcoin Mining Council’s estimates, about 58% of the global mining industry is powered by sustainable energy right now.
Global Fan Tokens surpass $80 billion in sales despite crypto downturn
Fan Tokens are the only area in the crypto space at present that have bucked the bearish trend dominating the market.
As of June 15, Fan Token sales were in the region of $2.63 billion. This figure has contributed significantly to the total sales volume of global fan tokens of approximately $80.99 billion, according to BeInCrypto Research.
Crypto whales suddenly move nearly $2,000,000,000 in Bitcoin as BTC breaks $20,000 level
WhaleAlert spotted five transactions all done within a minute of each other worth over $205 million. Each transaction saw exactly 9,873 BTC move from crypto exchange Coinbase to an unknown wallet.
Top 10 Daily Gainers – Web3 Category
Leading the Web3 category and the Top Gainer on ONUS is RNDR, the native token of the Render Network ecosystem.
RNDR has gained 50.26% after 24h with a trading volume of 21.8 million USD, 5 times higher than the average trading volume of the previous 10 days. Following are STORJ (up 27.71%), APE (up 12.52%), GLM (up 8.93%),…
Elon Musk wants to integrate crypto payments into Twitter
According to a transcript published by Vox, billionaire Tesla CEO Elon Musk wants crypto to play a bigger role in Twitter’s future.
Musk argues that “money is fundamentally digital at this point” and that Twitter should incorporate digital payments. His goal is to maximize the usefulness of the service. And if one can use it to make convenient payments, that’s an increase in usefulness.
Whale accumulated more than 23 million DOGE
According to Whale Alert, in the last 24 hours, 23,009,994 DOGE was transferred from an unknown wallet to an unknown wallet. This amount of DOGE is worth $1,267,344.