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Circle to launch ‘official version’ of USDC natively on Arbitrum

USDC stablecoin developer Circle will replace the current version of its token with one running natively on the Arbitrum network.

ChatGPT can’t beat human smart contract auditors yet: OpenZeppelin’s Ethernaut challenges

While ChatGPT-4 can’t compete with human auditors yet, OpenZeppelin noted it was not optimized to do so, and AI models trained for this purpose would likely be more accurate.

BitCulture: Fine art on Solana, AI music, podcast + book reviews

Universal’s U-turn on AI music won’t please Ice Cube, former MOMA curator collects fine art on Solana, Edge of NFT podcast + Crypto Titans.

BitCulture: Fine art on Solana, AI music, podcast + book reviews

BitCulture explores arts, culture, music and media in blockchain and Web3.

Fine art on the blockchain head curator Haley Karren came to Web3 from some of the world’s leading art institutions and says that working with 14,000 artists on Solana’s fine art marketplace has broadened her tastes. head curator Haley Karren (Supplied)

“I have a new appreciation for pixel art, voxels and things that really are very much native to this space. It’s been fascinating to see the difference between what I was more interested in two years ago and what I’m interested in now.”

Formerly a curator at New York’s Museum of Modern Art and the Peggy Guggenheim Collection in Venice, Karren says her role has always been as a “conduit” between contemporary artists and the rest of the world. Even more so now that she’s connecting traditional artists to a space that utilizes blockchain, NFTs and artificial intelligence.

“Digital art and traditional art spaces are moving together more and more. That’s a big push for us at, but there is still a little bit of a divide,” she says.’s head curator Haley Karren
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Last BTC price dip before a $30K breakout? Bitcoin wipes weekend gains

Bitcoin (BTC) returned to a key focal point on June 1 as the monthly close delivered disappointment.

BTC/USD 1-day candle chart on Bitstamp. Source: TradingView

BTC price “fills” latest CME futures gap

Data from Cointelegraph Markets Pro and TradingView confirmed a lackluster end to May for BTC/USD, which slid below $27,000.

The pair erased its entire uptick seen over the weekend, coming full circle to act in a familiar range on the day.

This centered on the area immediately below $27,000, Bitcoin frequently visiting since the middle of April.

CME Bitcoin futures 1-hour candle chart. Source: TradingView

In doing so this time around, however, BTC/USD “filled” a gap in CME futures outstanding since the weekend trip higher.

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Crypto​.com joins ranks of licensed payment institutions in Singapore

Singapore's expands its regulatory achievements by securing MPI license for DPT services from MAS.

Germany’s Deutsche Telekom plugs in as Polygon validator

The German telecommunications firm looks to leverage its infrastructure in Web3, plugging in as a network validator for Ethereum scaling protocol Polygon. denies liquidity problems after Multichain CEO goes missing

Some Twitter users posted transactions showing large inflows of MULTI and FTM to, leading them to perceive a connection between the two organizations.

PepeCoin (PEPE) price action points to a potential 70% drop

Pepe (PEPE) price has dropped by more than 70% three weeks after establishing its record high of $0.00000449. And the memecoin could fall even more in the coming days, according to a mix of technical and fundamental indicators.

PEPE charts flash a classic bearish reversal pattern

From a technical standpoint, the price of PEPE could drop sharply from its current levels. At the core of this bearish outlook lies the classic head-and-shoulders (H&S) pattern.

Analysts who use technical analysi view the H&S pattern as a bearish reversal indicator for the unversed. It forms when the price forms three peaks atop a common neckline support; the middle peak, called "head," is higher than the other two, called the "left shoulder" and "right shoulder."

Head-and-shoulder breakdown illustrated. Source: Forex Academy

The H&S pattern resolves after the price breaks below its neckline. Meanwhile, as a rule of technical analysis, traders measure the pattern's downside target by adding the maximum distance between the head and neckline to the breakdown point.

On May 22, PEPE broke below its H&S neckline near $0.00000156. That puts its downside target near $0.00000041 in June, down around 70% from current price levels.

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Multichain team cannot locate CEO, halts service for affected chains

Cross-chain services are suspended for Kekchain, PublicMint, Dyno Chain, Red Light Chain, Dexit, Ekta, HPB, ONUS, Omax, Findora, and Planq.

Web3 gaming gets competitive: QORPO Game Studio joins Cointelegraph Accelerator

Web3 game developer QORPO Game Studio aims to introduce competitive esports to the Web3 gaming ecosystem.

TRC-20 USDT circulation hits record high 5 years after Tron mainnet launch

Over 60% of USDT's supply is currently issued on the Tron blockchain, according to Tether data.

Bitcoin played second fiddle as KAVA, XRP, TRX, RPL and RNDR led the crypto market in May

The cryptocurrency market experienced a dull month, with Bitcoin (BTC) dropping 7.37% — its worst performance since November 2022 — and Ether (ETH) losing 0.22% in May. 

The average loss across the market stands at 5.62% on the last day before the monthly close.

However, some outliers posted impressive gains thanks to popular investment narratives and the growth of the Ethereum staking sector.

In the first half of May, memecoins grabbed headlines, with Pepecoin (PEPE) leading the narrative. The memecoin cycle guzzled up a lot of gas on Ethereum in the first half of May.

PEPE’s market capitalization surged to a peak of $1.54 billion in the first week of May, according to CoinGecko. It has witnessed a sell-off since then, as tokenholders booked profit. However, the token still ended the month with over 300% gains.

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From cricket to crypto: AB de Villiers ventures into Web3

South African cricket icon AB de Villiers trades his bat for Web3 as he discusses his love affair with NFTs and a partnership with a novel Ethereum-based investment platform.

Web3 developer Magic raises $52M in funding led by PayPal Ventures

The company has raised $80 million for wallet development since its inception in 2020.

Bitcoin hodlers exited ‘capitulation’ above $20K, new metric hints

Bitcoin (BTC) is in a “transition,” which should pave the way to the next bull market top, new research has concluded.

In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode unveiled its latest tool for tracking Bitcoin’s resurgence.

Bitcoin hodlers in “transition”

After the 2022 bear market and signs of recovery in Q1 this year, on-chain metrics have undergone a broad transformation, many suggesting that a long-term BTC price bottom is already in.

With price action stagnating since mid-March, however, doubts have returned — along with downside targets that stretch toward $20,000.

For Glassnode analysts, however, Bitcoin’s long-term investor base is already preparing for better times ahead.

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Mad scientist’s NFTs degrade when they’re traded: 0xDEAFBEEF, NFT Creator

Self-proclaimed tinkerer 0xDEAFBEEF has hit it big with audiovisual NFTs that slowly degrade in quality every time they’re traded.

Mad scientist’s NFTs degrade when they’re traded: 0xDEAFBEEF, NFT Creator

When NFTs first took off, it was Beeple’s digital art, CryptoPunks and Bored Ape Yacht Club PFPs that dominated the headlines and top sales — but one individual bucked the trend in a unique way, garnering attention with generative audiovisual art using just a C compiler. 

That individual was 0xDEAFBEEF, an artist and engineer based in Toronto, Canada who’s spent over 20 years experimenting with art, technology, music, generative art, computer animation, blacksmithing and sound recording. 

Using low-level computer code and a minimal toolset to craft raw information into audiovisual artworks has proven more popular than you might expect. A collection of six of 0xDEAFBEEF’s sold for $6.8 million in August 2021, and two weeks ago, “Series 1: Angular – Token 134” fetched $241,300 at Sotheby’s. It was auctioned during part 1 of “Grails,” a collection of highly desirable NFTs originally owned by the now-insolvent 3AC (Three Arrows Capital).

Trained on classic piano as a kid and somewhat of a mad scientist when it came to audio equipment, discovering a programmable blockchain in Ethereum was a revelation.

“I’d describe myself as a tinkerer, jumping around between many fields, overlapping art and technology. It just happened that the project that I commenced before I knew anything about NFTs, doing audiovisual work with code, happened to align with things that were happening within Ethereum,” 0xDEAFBEEF says. 

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Crypto community's 'send ETH' tweets spark various theories and warnings

Several social media accounts followed the trend, with one requesting ETH to purchase an NFT and another pledging to spend the money on drugs.

Blockchain firm raises $25M to develop third-generation architecture

Intent-centric blockchain protocol Anoma secures $25 million in funding to continue developing its third-generation architecture.