Coordinape Launches CoSoul NFT to Track Work History in Digitally-Native Organizations
June 28 (Cointime) - Coordinape, a digital community platform, has launched CoSoul, a soulbound non-fungible token (NFT) that tracks a holder's work history within digitally-native organizations. The CoSoul NFT is free-to-mint on Ethereum layer 2 network Optimism and allows holders to collect participation data, accolades, and employment verification on-chain.
Consensys Founder Joseph Lubin Affirms Ethereum Should Be Classified as a Commodity in CNBC Interview
June 28 (Cointime) - Joseph Lubin, the founder of Consensys, has stated in a recent CNBC interview that Ethereum (ETH) should be classified as a commodity. Lubin cited previous statements by regulatory bodies, including the SEC and CFTC, as evidence for his claim.
Bitfinex Launches P2P Platform for Direct Bitcoin and Crypto Trading in Latin America
June 27 (Cointime) - Bitfinex has launched a new peer-to-peer platform, Bitfinex P2P, which will initially target markets in Venezuela, Argentina, and Colombia. The platform allows customers to directly trade Bitcoin, Tether tokens, Tether Gold, and Ethereum while facilitating payments outside of the Bitfinex platform.
Investors' Ethereum Staked Surpasses Balance on Centralized Exchanges: Nansen Data
June 27 (Cointime) - According to Nansen data, the amount of Ethereum (ETH) staked by investors has surpassed the amount held by centralized exchanges such as Binance and Coinbase. As of June 26, 2023, 23.36 million ETH worth almost $44 billion, or 19.4% of the current supply, was staked.
$1.4 Billion in Bitcoin and Ethereum Withdrawn from Exchanges as Large Players Return
June 27 (Cointime) - According to a report by analytics firm IntoTheBlock, over $1 billion worth of Bitcoin and Ethereum were withdrawn from crypto exchanges due to a surge in buying activity. The report shows that the two leading cryptocurrencies experienced net outflows of $1.4 billion last week, largely due to BlackRock's filing for a spot Bitcoin exchange-traded fund.
Ethereum's Volatility and Trading Volume Surge as Top Non-Exchange Addresses Accumulate Record High ETH
June 27 (Cointime) - Over the past 24 hours, there has been a significant increase in volatility and trading volume for Ethereum (ETH). Large non-exchange addresses have been accumulating ETH, reaching an all-time high of 33.6 million ETH.
Klaytn Foundation and Matter Labs Partner to Build Layer 2 Blockchain Infrastructure
June 27 (Cointime) - Klaytn Foundation, established to expand the business of Korea's representative global Layer 1 blockchain platform Klaytn, has signed a memorandum of understanding with Matter Labs, the developer of zkSync Era, a Layer 2 scaling solution based on Ethereum. The goal is to establish Layer 2 blockchain operating infrastructure and conduct pilot operations on Klaytn mainnet.
XRP Price Shows Slight Bullish Signs Amidst Crypto Market Rally
June 27 (Cointime) - Last week, Bitcoin and Ethereum prices rose by over 12% and 8%, respectively, while Ripple's XRP saw a decline. However, XRP is now showing slight bullish signs due to positive updates in favor of Ripple and defendants against the SEC. Despite a minor correction in the last 90 days, XRP's price is up by 42% on a year-to-date basis. On-chain data suggests that other major cryptocurrencies are ranging to start the week, while XRP remains the only one showing slight bullish signs.
Ultiverse Partners with Celer to Launch Cross-Chain NFTs
June 27 (Cointime) -Celer Network is excited to announce a partnership with Ultiverse, a AAA gaming metaverse project, to launch innovative cross-chain NFTs for its users. Different from the traditional NFT that can only be issued and traded on one chain, the cross-chain NFT can be seamlessly transferred across multiple blockchains while maintaining true authenticity and ownership. Ultiverse’s NFT will be transferable starting with Ethereum and BNB Chain with more chains, such as Flow and Solana, to be added soon.
Crypto Market Braces for Volatility as Bitcoin and Ethereum Options Near Expiration
June 26 (Cointime) - The recent surge in the crypto market coincided with the closing of a significant portion of Bitcoin and Ethereum options, potentially leading to increased volatility. Bitcoin and Ethereum quarterly positions dominate 40% of the average daily volume in the options market, indicating that the crypto market may experience a significant increase in asset prices.