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- Fishing day
- Sunrise
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- Gm
- @galxe 🤝 @gitcoin
**EXCITING NEWS:** Gitcoin Passport has integrated with Galxe’s community engagement campaign platform, further enhancing our collective efforts against bots and Sybils, and protecting high quality user engagement in web3
Celebrate this milestone with us by marking your calendars for Monday, July 31st, 2023, when you can claim #AntiSybilAssembly NFTs based on your Gitcoin Passport Unique Humanity Score.
**The higher your Unique Humanity Score, the sweeter the commemorative NFT.**
We will be hosting a Twitter Space with the Galxe team on Tuesday, August 1st at 7:00 PM UTC to explain the integration and the #AntiSybilAssembly campaign. Set a reminder here: https://twitter.com/i/spaces/1jMJgLmzQnyxL
Ready to increase your Humanity Score and claim unique NFT rewards? Learn more about it, and find out how to create your own Gitcoin Passport here:
https://www.gitcoin.co/blog/gitcoin-passport-galxe
And make sure you’re following us here on Lens so you know as soon as the #AntiSybilAssembly campaign begins!
- - -
By the way, if you're interested in protecting your project with Gitcoin Passport during this #SybilFreeSummer, fill out this interest form so our team knows how to support you 🫡
https://forms.gle/KRkoYF8YrWeEz3ya7
- Take a walk…
- Good view👍
- Really beautiful!
- Really beautiful!
- Beautiful sunset!
- Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits
The company, which issues the $82 billion USDT stablecoin, reported null.48 billion of net profits in 2023 Q1 and revealed null.5 billion in BTC holdings.
[Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits](https://www.coindesk.com/business/2023/05/17/tether-says-it-will-buy-bitcoin-for-stablecoin-reserves-using-realized-profits/)
The company, which issues the $82 billion USDT stablecoin, reported null.48 billion of net profits in 2023 Q1 and revealed null.5 billion in BTC holdings.
- Ribbon Finance's Decentralized Exchange Aevo Unveils Altcoin Options Trading
Users will be able to trade options tied to coins like LDO, PEPE, SUI, ARB, LTC, APT, and others, which was previously possible only through an over-the-counter desk.
[Ribbon Finance's Decentralized Exchange Aevo Unveils Altcoin Options Trading](https://www.coindesk.com/markets/2023/05/15/ribbon-finances-aevo-dex-unveils-altcoin-options-trading/)
Users will be able to trade options tied to coins like LDO, PEPE, SUI, ARB, LTC, APT, and others, which was previously possible only through an over-the-counter desk.
- Binance Announces Exit from Canada, Citing Regulatory Tensions
The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit.
[Binance Announces Exit from Canada, Citing Regulatory Tensions](https://www.coindesk.com/business/2023/05/12/binance-announces-exit-from-canada-citing-regulatory-tensions/)
The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit.
- 3AC Founders’ OPNX Exchange Formally Reprimanded by Dubai Crypto Regulator
The action by the Virtual Assets Regulatory Authority targeting Kyle Davies, Su Zhu and others follows two cease-and-desist letters for operating an unregulated exchange.
[3AC Founders’ OPNX Exchange Formally Reprimanded by Dubai Crypto Regulator](https://www.coindesk.com/policy/2023/05/02/3ac-founders-opnx-exchange-formally-reprimanded-by-dubai-crypto-regulator/)
The action by the Virtual Assets Regulatory Authority targeting Kyle Davies, Su Zhu and others follows two cease-and-desist letters for operating an unregulated exchange.
- Edward Snowden: Researchers Should Train AI to Be ‘Better Than Us’
The former NSA whistleblower shared his hopes that AI’s intelligence could exceed that of humans and ultimately benefit humanity, despite fears the technology could be co-opted by bad actors.
[Edward Snowden: Researchers Should Train AI to Be ‘Better Than Us’](https://www.coindesk.com/consensus2023/2023/04/28/edward-snowden-researchers-should-train-ai-to-be-better-than-us/)
The former NSA whistleblower shared his hopes that AI’s intelligence could exceed that of humans and ultimately benefit humanity, despite fears the technology could be co-opted by bad actors.
- Guardians, alert!! 🚨
Mint all 4 Proof-of-Talent identity passports by the end of the week and participate in our raffle 🚀
Special prizes reserved for 3 winners 💚
Mint your badges and participate 📯🔥👇
- Bitcoin Held on Binance Surges to Record High of 692K BTC: Glassnode
The tally has increased by more than 50,000 bitcoins in four weeks, reversing the exodus seen late last year.
[Bitcoin Held on Binance Surges to Record High of 692K BTC: Glassnode](https://www.coindesk.com/markets/2023/04/28/number-of-bitcoin-held-on-binance-surges-to-record-high-of-692k-btc/)
The tally has increased by more than 50,000 bitcoins in four weeks, reversing the exodus seen late last year.
- NFT Collective Proof Is Building a 3D World for Its Moonbirds Community
The Moonbirds Monaverse on 3D world-building platform Mona will let NFT holders participate in virtual community experiences.
[NFT Collective Proof Is Building a 3D World for Its Moonbirds Community](https://www.coindesk.com/web3/2023/04/27/nft-collective-proof-is-building-a-3d-world-for-its-moonbirds-community/)
The Moonbirds Monaverse on 3D world-building platform Mona will let NFT holders participate in virtual community experiences.
- Ether Erases All Gains From Shanghai Rally as Bitcoin, Other Crypto Prices Also Fall
The second-largest cryptocurrency by market capitalization has dropped to its lowest point since April 9, CoinDesk data shows.
[Ether Erases All Gains From Shanghai Rally as Bitcoin, Other Crypto Prices Also Fall](https://www.coindesk.com/business/2023/04/21/ether-erases-all-gains-from-shanghai-rally-as-bitcoin-crypto-prices-fall/)
The second-largest cryptocurrency by market capitalization has dropped to its lowest point since April 9, CoinDesk data shows.
- Judge Rules Bored Ape Yacht Club Ripoff NFTs Violated Yuga Copyright
Use of BAYC trademarks by Ripps’ RR/BAYC was intended to confuse consumers, a U.S. judge in California has ruled
[Judge Rules Bored Ape Yacht Club Ripoff NFTs Violated Yuga Copyright](https://www.coindesk.com/web3/2023/04/22/judge-rules-bored-ape-yacht-club-ripoff-nfts-violated-yuga-copyright/)
Use of BAYC trademarks by Ripps’ RR/BAYC was intended to confuse consumers, a U.S. judge in California has ruled
- Dogecoin Surges 5.8% as Traders Anticipate Elon Musk's Next Move
Dogecoin is beginning to retrace this week's slump after hype waned following Twitter's logo change.
[Dogecoin Surges 5.8% as Traders Anticipate Elon Musk's Next Move](https://www.coindesk.com/business/2023/04/13/dogecoin-surges-58-as-traders-anticipate-elon-musks-next-move/)
Dogecoin is beginning to retrace this week's slump after hype waned following Twitter's logo change.
- Shiba Inu's Metaverse Will Partially Open by 2023-End, Developers Say
The metaverse is unlikely to be fully completed on release as it will be an “ongoing project,” developers said.
- Bitcoin Shorts Take on 87% of Futures Liquidations as BTC Crosses $30K
Over $145 million in shorts against bitcoin prices were liquidated since early Asian morning hours on Tuesday.
[Bitcoin Shorts Take on 87% of Futures Liquidations as BTC Crosses $30K](https://www.coindesk.com/markets/2023/04/11/bitcoin-shorts-take-on-87-of-futures-liquidations-as-btc-crosses-30k/)
Over $145 million in shorts against bitcoin prices were liquidated since early Asian morning hours on Tuesday.
- Bitcoin Breaks Above $30K for First Time Since June 2022
The move continues a 2023 rally that has now seen the most popular crypto gain more than 80%.
[Bitcoin Breaks Above $30K for First Time Since June 2022](https://www.coindesk.com/business/2023/04/11/bitcoin-breaks-above-30k-for-first-time-since-june-2022/)
The move continues a 2023 rally that has now seen the most popular crypto gain more than 80%.
- OpenSea Goes Pro, Ralph Lauren Takes Crypto
Plus, investments in blockchain games and metaverse projects totaled $739 million for the quarter.
[OpenSea Goes Pro, Ralph Lauren Takes Crypto](https://www.coindesk.com/web3/2023/04/07/opensea-goes-pro-ralph-lauren-takes-crypto/)
Plus, investments in blockchain games and metaverse projects totaled $739 million for the quarter.
- Arbitrum-Based Camelot Crypto Exchange to Deploy V2 Upgrade Saturday
The v2 upgrade will include a new concentrated liquidity automated market maker aimed at making trading for the Camelot ecosystem more efficient.
[Arbitrum-Based Camelot Crypto Exchange to Deploy V2 Upgrade Saturday](https://www.coindesk.com/business/2023/04/07/arbitrum-based-camelot-crypto-exchange-to-deploy-v2-upgrade-saturday/)
The v2 upgrade will include a new concentrated liquidity automated market maker aimed at making trading for the Camelot ecosystem more efficient.
- Dogecoin Drops After Elon Musk's Twitter Stops Using Its Dog Logo
DOGE surged on April 3 after Elon Musk's social-media company inexplicably removed its blue bird logo, replacing it with dogecoin's mascot.
[Dogecoin Drops After Elon Musk's Twitter Stops Using Its Dog Logo](https://www.coindesk.com/markets/2023/04/06/dogecoin-drops-after-elon-musks-twitter-stops-using-its-logo/)
DOGE surged on April 3 after Elon Musk's social-media company inexplicably removed its blue bird logo, replacing it with dogecoin's mascot.
- Thanks Sam! How FTX Led to World’s Worst Crypto Policy
Washington’s “war in crypto” continues to occupy minds in the crypto industry. This week, CoinDesk Chief Content Officer Michael Casey tackles the apparent rise in hostility from U.S. regulators from a different angle: revenge.
[Thanks Sam! How FTX Led to World’s Worst Crypto Policy](https://www.coindesk.com/consensus-magazine/2023/04/07/thanks-sam-how-ftx-led-to-worlds-worst-crypto-policy/)
Washington’s “war in crypto” continues to occupy minds in the crypto industry. This week, CoinDesk Chief Content Officer Michael Casey tackles the apparent rise in hostility from U.S. regulators from a different angle: revenge.
- Ethereum's Shanghai Upgrade Could Bring $2.4B Selling Pressure to Ether: Observers
The 1 million instantly withdrawable ether has become a point of concern for the market.
[Ethereum's Shanghai Upgrade Could Bring $2.4B Selling Pressure to Ether: Observers](https://www.coindesk.com/markets/2023/04/05/ethereums-shanghai-upgrade-could-bring-24b-of-selling-pressure-to-ether-market/)
The 1 million instantly withdrawable ether has become a point of concern for the market.
- Arbitrum Foundation Sold ARB Tokens Ahead of 'Ratification' Vote on Governance, Budget
The Foundation would be “severely damaged” without blank check grantmaking powers, according to a blog post.
[Arbitrum Foundation Sold ARB Tokens Ahead of 'Ratification' Vote on Governance, Budget](https://www.coindesk.com/business/2023/04/02/contentious-arbitrum-vote-over-1b-in-tokens-ratification-not-request-says-foundation/)
The Foundation would be “severely damaged” without blank check grantmaking powers, according to a blog post.
- TUSD Stablecoin Daily Trading Volume Surpasses nullB After Binance Boost
The surge follows Binance’s decision a week ago to eliminate the zero-fee trading discount on the platform except for the BTC-TUSD pair.
[TUSD Stablecoin Daily Trading Volume Surpasses nullB After Binance Boost](https://www.coindesk.com/markets/2023/03/31/tusd-stablecoin-daily-trading-volume-surpasses-1b-after-binance-boost/)
The surge follows Binance’s decision a week ago to eliminate the zero-fee trading discount on the platform except for the BTC-TUSD pair.
- Open Interest in XRP Surges to $800M as Crypto Traders Hope Ripple-SEC Verdict Will Bring 'Alt Season'
If the court rules that XRP is a security, it would mean the same for other alternative cryptocurrencies and subject the broader market to stringent supervision.
[Open Interest in XRP Surges to $800M as Crypto Traders Hope Ripple-SEC Verdict Will Bring 'Alt Season'](https://www.coindesk.com/markets/2023/03/29/open-interest-in-xrp-surges-to-800m-as-crypto-traders-hope-ripple-sec-verdict-will-bring-alt-season/)
If the court rules that XRP is a security, it would mean the same for other alternative cryptocurrencies and subject the broader market to stringent supervision.
- Binance, CEO Zhao Sued by CFTC Over 'Willful Evasion' of U.S. Laws, Unregistered Crypto Derivatives Products
The CFTC alleged Binance offered unregistered crypto derivatives products and directed U.S. customers to evade compliance controls through the use of VPNs.
[Binance, CEO Zhao Sued by CFTC Over 'Willful Evasion' of U.S. Laws, Unregistered Crypto Derivatives Products](https://www.coindesk.com/business/2023/03/27/binance-and-cz-sued-by-cftc-over-regulatory-violations/)
The CFTC alleged Binance offered unregistered crypto derivatives products and directed U.S. customers to evade compliance controls through the use of VPNs.
- 🚨 🚨 NEW AMA 🚨 🚨
Heyooo Frens! 💜Are you ready to join our one of amazing spaces? 👀
It'll start in 10 min! 🫶🏻
Be ready for amazing news… 🚀
What are the use cases of NFTs in Web3 Social platforms and Games? Join our Twitter Space to find out! 👇🏻
https://twitter.com/i/spaces/1jMJgLdzerjxL
[Planlanmış: NFTs in Web3 Social and Games 🎰](https://twitter.com/i/spaces/1jMJgLdzerjxL)
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- Do Kwon Extradition Sought by U.S., South Korea, Says Montenegro Justice Minister
Marko Kovac said the Terraform Lab founder's extradition proceedings would follow a criminal proceeding for ID document forgery.
[Do Kwon Extradition Sought by U.S., South Korea, Says Montenegro Justice Minister](https://www.coindesk.com/policy/2023/03/29/do-kwon-extradition-sought-by-us-south-korea-montenegro-justice-minister-says/)
Marko Kovac said the Terraform Lab founder's extradition proceedings would follow a criminal proceeding for ID document forgery.
- Kraken Lands Sponsorship Deal With Williams Racing Despite U.S. Regulatory Crackdown
The F1 team recently lost its most prominent driver, Nicholas Latifi, who brought in multiple sponsorship deals.
[Kraken Lands Sponsorship Deal With Williams Racing Despite U.S. Regulatory Crackdown](https://www.coindesk.com/business/2023/03/28/kraken-lands-sponsorship-with-williams-racing-despite-us-regulatory-crackdown/)
The F1 team recently lost its most prominent driver, Nicholas Latifi, who brought in multiple sponsorship deals.
- Hacker Behind $200M Euler Attack Apologizes, Returns Millions in Ether, Dai to Protocol
The attacker sent over 7,000 ether to Euler on Tuesday and seemingly apologized for their actions in a transaction message.
[Hacker Behind $200M Euler Attack Apologizes, Returns Millions in Ether, Dai to Protocol](https://www.coindesk.com/tech/2023/03/28/hacker-behind-200m-euler-attack-apologizes-returns-millions-in-ether-dai-to-protocol/)
The attacker sent over 7,000 ether to Euler on Tuesday and seemingly apologized for their actions in a transaction message.
- First Citizens to Buy Silicon Valley Bank's Deposits, Loans in $55.5B Agreement With FDIC
The Federal Deposit Insurance Corp. says Silicon Valley Bridge Bank’s $72 billion in assets will be purchased by First Citizens at a discount of $16.5 billion.
[First Citizens to Buy Silicon Valley Bank's Deposits, Loans in $55.5B Agreement With FDIC](https://www.coindesk.com/business/2023/03/27/first-citizens-to-buy-silicon-valley-banks-deposits-loans-in-555b-agreement-with-fdic/)
The Federal Deposit Insurance Corp. says Silicon Valley Bridge Bank’s $72 billion in assets will be purchased by First Citizens at a discount of $16.5 billion.
- ARK Invest Scoops Up Coinbase, Block Shares for Second Straight Day
Cathy Wood's fund bought COIN and SQ on Thursday and Friday last week after Coinbase tumbled on getting hit with a Wells Notice and Block took a hit following a short-seller's report.
[ARK Invest Scoops Up Coinbase, Block Shares for Second Straight Day](https://www.coindesk.com/markets/2023/03/27/ark-invest-scoops-up-coinbase-block-shares-for-second-straight-day/)
Cathy Wood's fund bought COIN and SQ on Thursday and Friday last week after Coinbase tumbled on getting hit with a Wells Notice and Block took
a hit following a short-seller's report.
- Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge
While capital flowed into bitcoin amid a period of uncertainty, the cryptocurrency’s fractured liquidity arguably played the largest role in its surge.
[Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge](https://www.coindesk.com/consensus-magazine/2023/03/25/bitcoin-was-a-winner-during-the-us-banking-crisis-but-illiquidity-prevents-it-from-being-a-usd-hedge/)
While capital flowed into bitcoin amid a period of uncertainty, the cryptocurrency’s fractured liquidity arguably played the largest role in its surge.
- Amazon's NFT Plans Teased in a Receipt Mailed Friday Afternoon
In an email to CoinDesk's Nikhilesh De, Amazon appeared to confirm that digital tokens, an NFT gallery and resale opportunities are coming to the site.
[Amazon's NFT Plans Teased in a Receipt Mailed Friday Afternoon](https://www.coindesk.com/web3/2023/03/24/amazons-nft-plans-teased-in-a-receipt-mailed-friday-afternoon/)
In an email to CoinDesk's Nikhilesh De, Amazon appeared to confirm that digital tokens, an NFT gallery and resale opportunities are coming to the site.
- Do Kwon Now Faces Criminal Fraud Charges From U.S. Prosecutors
Federal prosecutors filed criminal fraud charges against the Terraform Labs founder, who already faced civil charges in the U.S. and was arrested earlier Thursday.
[Do Kwon Now Faces Criminal Fraud Charges From U.S. Prosecutors](https://www.coindesk.com/policy/2023/03/23/do-kwon-now-faces-criminal-fraud-charges/)
Federal prosecutors filed criminal fraud charges against the Terraform Labs founder, who already faced civil charges in the U.S. and was arrested earlier Thursday.
- ARK Buys the Wells Dip With $17.7 Million COIN Purchase
Coinbase shares tumbled 16% Thursday, after the company disclosed late Wednesday it had received a Wells Notice from the Securities and Exchange Commission.
[ARK Buys the Wells Dip With $17.7 Million COIN Purchase](https://www.coindesk.com/markets/2023/03/24/ark-buys-the-wells-dip-with-177-million-coin-purchase/)
Coinbase shares tumbled 16% Thursday, after the company disclosed late Wednesday it had received a Wells Notice from the Securities and Exchange Commission.
- Arbitrum Token Settles at null.38 Amid Airdrop Claim Chaos
The Arbitrum claim website remains down almost an hour after the airdrop launched.
[Arbitrum Token Settles at null.38 Amid Airdrop Claim Chaos](https://www.coindesk.com/markets/2023/03/23/arbitrum-token-settles-at-138-amid-airdrop-claim-chaos/)
The Arbitrum claim website remains down almost an hour after the airdrop launched.
- Tether Stability Made It the Safest Stablecoin Bet Amid U.S. Banking Crisis, Analysts Say
Tether sold at a slight premium earlier this month even as most stablecoins were dented.
[Tether Stability Made It the Safest Stablecoin Bet Amid U.S. Banking Crisis, Analysts Say](https://www.coindesk.com/markets/2023/03/22/tether-stability-made-it-the-safest-stablecoin-bet-amid-us-banking-crisis-analysts-say/)
Tether sold at a slight premium earlier this month even as most stablecoins were dented.
- Binance Launchpad for Space ID Tokens Receives Over $2.8B in BNB Commitments
Over 8.4 million bnb tokens have been committed to the Space ID token sale, which was raising $2.5 million from exchange users.
[Binance Launchpad for Space ID Tokens Receives Over $2.8B in BNB Commitments](https://www.coindesk.com/business/2023/03/22/binance-launchpad-for-space-id-tokens-receives-over-28b-in-bnb-commitments/)
Over 8.4 million bnb tokens have been committed to the Space ID token sale, which was raising $2.5 million from exchange users.
- No Crypto Banking Port Has Really Opened Up in This U.S. Storm
As Silvergate, Signature and Silicon Valley banks imploded, crypto customers grabbed assets and ran, but those hoping to land at major U.S. banks have been mostly disappointed.
[No Crypto Banking Port Has Really Opened Up in This U.S. Storm](https://www.coindesk.com/policy/2023/03/20/no-crypto-banking-port-has-really-opened-up-in-this-us-storm/)
As Silvergate, Signature and Silicon Valley banks imploded, crypto customers grabbed assets and ran, but those hoping to land at major U.S. banks have been mostly disappointed.
- Don’t Get Your Hopes Up: SVB's Demise Won't Bring Interest Rates Down
On today’s show we’re taking a look at why the latest banking crisis might not mean the end of the Fed’s interest rate rampage, courtesy of CoinDesk Chief Insight Columnist David Z. Morris.
[Don’t Get Your Hopes Up: SVB's Demise Won't Bring Interest Rates Down](https://www.coindesk.com/podcasts/markets-daily/dont-get-your-hopes-up-svbs-demise-wont-bring-interest-rates-down/)
On today’s show we’re taking a look at why the latest banking crisis might not mean the end of the Fed’s interest rate rampage, courtesy of CoinDesk Chief Insight Columnist David Z. Morris.
- U.S. Banking Cutoff Presents Opportunities for Crypto in Europe
Policymakers seem to be doing their best to suffocate dollar on-ramps into crypto, leaving the door open for other mature markets to gain a competitive edge, Kaiko research analyst Conor Ryder writes.
[U.S. Banking Cutoff Presents Opportunities for Crypto in Europe](https://www.coindesk.com/consensus-magazine/2023/03/19/us-banking-cutoff-presents-opportunities-for-crypto-in-europe/)
Policymakers seem to be doing their best to suffocate dollar on-ramps into crypto, leaving the door open for other mature markets to gain a competitive edge, Kaiko research analyst Conor Ryder writes.
- Polygon Partners With Salesforce for NFT-Based Loyalty Program
Salesforce partnership with the blockchain platform marks another major company’s investment into customer engagement initiatives using Web3 technologies.
[Polygon Partners With Salesforce for NFT-Based Loyalty Program](https://www.coindesk.com/business/2023/03/17/polygon-partners-with-salesforce-for-nft-based-loyalty-program/)
Salesforce partnership with the blockchain platform marks another major company’s investment into customer engagement initiatives using Web3 technologies.