Over 200K BTC now stored in Bitcoin ETFs and other institutional products
According to Arcane’s data, Bitcoin ETPs have seen a flurry of interest from institutional investors both this month and last.
The first two days of June have seen gargantuan net inflows to Purpose, 3iQ Coinshares, and BITO, pushing the global BUM (BTC under management) to a new all-time high of 205,008 BTC.
Central African Republic to tokenize the nation’s natural resources
The Central African Republic (CAR) has announced plans to proceed with its ambitious Sango Project by tokenizing access to the country’s abundant natural resources.
President Faustin-Archange Touadéra has asked the parliament to prepare a new strategy to create investment opportunities in the country’s economy.
Chainlink price feeds go live on Solana mainnet
Blockchain oracle platform Chainlink has announced the launch of its price feed on the Solana blockchain. The integration allows decentralized finance (DeFi) developers to use the feed-in in their decentralized applications (DApps).
Chainlink’s price index service has yielded 2.6 million data heads for blockchain applications. In February, Bank of America also attributed the rapid increase in assets locked on DeFi transactions to the popular service from Chainlink.
Whale accumulated more than 12 million DOGE
According to Whale Alert, in the last 24 hours, 12,419,970 DOGE was transferred from an unknown wallet to an unknown wallet. This amount of DOGE is worth $1,009,632.
Ethereum Layer 2 Boba Network integrates with Fantom and Moonbeam
Boba Network is a Layer 2 solution that leverages Optimistic Rollups, an off-chain computation layer to achieve faster and cheaper transactions for the Layer 1 network.
Boba Network has gone multi-chain by expanding to two other Ethereum-compatible chains: Fantom and Moonbeam. Boba Network currently has a TVL of approximately $82 million, ranked 6th in the top of the largest Layer 2 solutions on Ethereum, up one place compared to 2 months ago.
Leading German electronics retailer launches crypto ATMs
The MediaMarktSaturn Group announced in its press release on June 1, 2022, that since the beginning of May, crypto ATMs have started operating in three Saturn electronics stores in Cologne, Frankfurt and Dortmund.
As part of a six-month pilot project, Saturn customers can now convert fiat into BTC or ETH and then load them into their digital wallet, using machines operated by one of the cooperation partners, Kurant.
5 new assets on ONUS
$WWY – an Entertainment ecosystem with NFT Marketplace for creators, celebrities and their fans.
$EVER – a fast, secure and scalable blockchain, user and service provider friendly.
$CUSD – the stablecoin that follows the US Dollar and is native to the Celo blockchain’s Reserve system.
$RBS – the regular game tokens in Pikaster, a card battle game featuring Pikaster (NFT).
$SRBS – scarce tokens of Pikaster, a card battle game featuring Pikaster (NFT).
WAX blockchain raises $10 million in push for GameFi and NFT market
The Worldwide Asset eXchange (WAX), a blockchain for NFTs, videogames, and collectibles, announced on Thursday that it has raised $10 million in funding from OKX Blockdream Ventures, the investment arm of cryptocurrency exchange OKX.
According to a press release, the investment is in WAX Studios, the team behind WAX. It will be used to develop NFTs in play-to-earn (P2E) games, build out an exchange for gaming tokens and upgrade the WAX Cloud Wallet, which can be used to send and store gaming NFTs.
SHIBA INU large transactions up by 52%
SHIBA INU whales have been more active in the last 24 hours, according to IntoTheBlock data, with a 52% spike in large transactions. Large transaction surges are typically linked to increased activity from whales who are either buying or selling, and these total more than $100,000.
Aside from this, the top 1,000 ETH whales, according to Whalestats, are “hodling” $621,650,232 worth of SHIB.
Monero (XMR) can now be purchased from bank account
According to the official announcement shared by the team of Monero.com, it activates an XMR purchasing option for fiat money users. Currently, four major global currencies are available (USD, EUR, CAD và GBP).
Fiat can be deposited to Monero.com through SEPA and SWIFT cross-border payments systems as well as through both mainstream card systems Visa and MasterCard.