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What to Expect from Ethereum’s Pectra Update?
Slated for February 2025, the Pectra update could redefine how users engage with decentralized services on Ethereum’s network.
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Which Countries and Cities Lead in the Number of Bitcoin Nodes?
A Bitcoin node is a cornerstone of the world's first cryptocurrency, operating round-the-clock in complete harmony within the network of its own kin. Its purpose is to validate transactions and uphold the network's decentralization. With 45,000 nodes within the Bitcoin network, an exploration into their geographical dispersion makes for an intriguing analysis. Celsius: SEC Darling to Debt Abyss!
Celsius Network, launched in 2017, was a crypto lending platform that adhered to SEC regulations. It enabled users to borrow cryptocurrencies and earn revenue from deposits. The native CEL token facilitated transactions and rewarded liquidity. With $903.8 million in funding, it was a promising venture. 3AC Co-Founder Plans Unique Recovery Process for Creditors
During a Twitter Spaces event, Kyle Davies, the founder of the bankrupt hedge fund Three Arrows Capital, revealed his plans for a new crypto trading platform called OPNX. Davies expressed his intention to give back to his creditors and explained that the new platform would offer a unique opportunity for early supporters. Cathie Wood: The ARK Invest Founder and Technology Advocate
Cathie Wood, founder and CEO of ARK Invest, has a keen eye for promising areas in technology, such as blockchain, cryptocurrencies, and other groundbreaking innovations. Renowned as a financial savant, Wood is admired for her strong appetite for risk-taking. 
Android Conductor Makes Debut at National Theatre of Korea
On June 30, a landmark event unfolded at the National Theatre of Korea as a robot named EveR 6 made its public debut, co-conducting the Korean National Symphony Orchestra. This marked the first time a robot has taken on the role of conductor in South Korea. 
Thailand and Singapore Against Crypto Staking and Lending
In a recent development, the Securities and Exchange Commission (SEC) of Thailand has implemented new regulations that require cryptocurrency exchanges and other entities to publicly disclose the potential risks associated with trading cryptocurrencies. Bittrex Seeks Dismissal of SEC Legal Dispute
In its court filing, Bittrex asserts that the SEC’s regulatory jurisdiction over cryptocurrencies as securities is lacking unless specifically granted by Congress. This challenges the SEC’s interpretation of existing securities regulations and aims to establish a clearer regulatory framework for digital assets. 
Introducing a New Solution for DeFi Protocol Protection
In a bid to shield the Decentralized Finance (DeFi) ecosystem from security breaches, a collective of Ethereum enthusiasts has put forward a novel standard named ERC 7265. The standard would integrate a "circuit breaker" functionality into DeFi smart contracts, empowering them to promptly halt token transactions in the face of a hack or security anomaly. 
Gemini Co-Founder Accuses DCG of Fraud
Cameron Winklevoss, co-founder of Gemini, has written an open letter to Barry Silbert, the CEO of Digital Currency Group (DCG), accusing the company of fraudulent behavior. The letter represents the concerns of 232,000 Earn users who have over $1.2 billion of assets trapped in Genesis, a company owned by DCG. 5 Thrilling NFT Debuts in Modern Art
Every month, the blockchain witnesses a flood of thousands of new NFTs birthed by artists, musicians, actors, and diverse creative minds. Amidst this creative deluge, it's easy to miss the sight of some particularly captivating conceptual pieces. Thankfully, you have Gagarin News at your service. 
WOO Network Unleashed: Transform Finance with WOO Coin!
WOO Network operates at the intersection of DeFi and CeFi, striving to offer liquidity, fast execution, and low fees. It has a market cap of $361M and a supply of 3 billion WOO tokens, and users can engage in staking and yield farming with WOO tokens. Dive into the WOO Network review. Community Outrage Over Azuki Elementals
Affected by the Azuki “Elementals” NFT incident (similar artworks, errors in the artwork, and collector dissatisfaction), the NFT market fell sharply again in the past 24 hours.
BAYC fell 16%, MAYC fell 20%, and Azuki fell 11%.
Earlier this year, Azuki NFTs gained significant popularity, surpassing even BAYC NFTs.
Meanwhile, AzukiDAO has proposed to recover 20,000 ETH from Azuki founder ‘Zagabond’.
The proposal suggests hiring a lawyer to take legal action against Zagabond for their alleged involvement in multiple “rug” projects. The aim of the clawback is to retrieve $39 million worth of ETH that was earned from the controversial launch of “Elementals” NFT collection.
As of now, the action has received support from 88.3% of AzukiDAO (BEAN) token holders, with 11.65% opposing it. The voting period for the proposal will conclude at 6:38 am UTC on July 3rd. SafePal+SFP: The Dynamic Duo Guarding Your Crypto!
SafePal offers a suite of crypto storage solutions, including the credit-card-sized S1 hardware wallet. With over 3 million users from 196 countries, SafePal combines security with accessibility. Additionally, the SafePal ecosystem includes the SFP token, which can be used for various utilities. 
PolyNetwork has been breached once again
In a recent crypto hack, the attackers exploited a smart contract function in PolyNetwork’s bridge tool, a cross-chain protocol, resulting in the issuance of billions worth of various tokens. The attackers manipulated the bridge to create tokens that didn’t actually exist on certain networks. 
Pundi X (PUNDIX): Swipe Crypto, Shop Real!
Pundi X integrates crypto into e-commerce. Its open-source platform facilitates seamless crypto payments and expands globally with a one-stop app for digital payments. PUNDIX, the native token, has a $95 million market cap and a sound utility nature. Dive in to read more! CBDC Payments Introduced on Buses in China
Jinan, a pivotal city situated in the Shandong Province of China, is propelling the adoption of China's trailblazing central bank digital currency (CBDC), known as the digital yuan. An expansion has taken place where the entire bus network of Jinan is now fully equipped to accept digital yuan as payment for bus fares. 
Q2 Sees Lowest Levels Since 2020
Despite the ongoing rally in June, spot trade volumes in Q2 experienced a substantial decline, reaching their lowest level since 2020, according to Kaiko.
Binance saw the most significant drop in trading activity, with volumes plunging by nearly 70%.
Other exchanges such as Coinbase, Kraken, OKX, and Huobi also witnessed a decline of over 50% in trade volumes. 
OECD Countries to Implement the Crypto Asset Reporting Framework
The Organisation for Economic Co-operation and Development (OECD) has introduced to its member nations CARF - an all-encompassing tax regime designed specifically for the crypto sector. It seems that cryptocurrencies are no longer serving as a "silent harbor" for anarchists who prefer not to share their hard-earned money with the government. The Challenge of Global AI Regulation: Is it a Feasible Goal?
Calls for universal principles to regulate the AI sector are voiced by supporters and skeptics of the swift evolution of large language models alike. Yet, the cues from international institutions and historical precedents suggest it's unavailing to anticipate any significant progression in this direction until a clear crisis emerges. 
Best Hosting Providers for Crypto Startups
Web hosting platforms provide a broad range of services for their clients, from creating and maintaining websites to customer support. This allows businesses, legal entities, or startups to operate their websites without needing to hire an IT specialist team. Decrypt Unveils Historical Secrets With AI
Decrypt is an initiative focused on decoding the most enigmatic historical manuscripts with the aid of AI technology. The team has a vast playground to explore as libraries and archives are brimming with spy reports, diplomatic correspondences, and secret society documents that have been gathering dust for decades and centuries. 
Firms Refile Applications for Spot Bitcoin ETFs
On Friday, Fidelity Investments and several other firms submitted revised applications for spot Bitcoin exchange-traded funds (ETFs) after the US Securities and Exchange Commission (SEC) deemed the initial filings inadequate.
The companies, including Invesco, VanEck, 21Shares, and WisdomTree, are part of a group of eight firms aiming to launch the first wave of US spot Bitcoin ETFs.
BlackRock kickstarted the trend with its unexpected filing in mid-June.
In the latest filings, all five firms indicated that Coinbase Global Inc. will provide market surveillance for their ETFs, a detail that was missing from their previous applications. Never miss any of the latest cryptocurrency news, in-depth crypto market analysis, and breaking updates on blockchain technology. From Bitcoin price trends to emerging NFT projects and DeFi developments, GNcrypto has everything to keep you informed and ahead. Stay informed and ready to seize the next big opportunity in the crypto world!