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Tuesday, June 6, 2023

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It's finally happened!

Just yesterday, the SEC has gone after the world's largest crypto exchange Binance, charging them on the grounds of numerous securities violations.

Amongst the charges are unregistered sales of crypto assets, as well as operating an unregistered exchange on American soil.

In their recent lawsuit against Binance, the SEC has also classified a number of assets as securities, such as BNB, SOL, and AXS.

In today's news, Tether lends a hand to El Salvador, GameStop is back in the NFT space, and more stablecoins are coming to a chain near you!

Read on!

Move to Earn Daily Earnings: Then vs Now

Move to Earn games have come a long way from their peak in 2022. Is it still possible to earn money from them in 2023 or have earnings run downhill?

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What is Starknet, and how does it make Ethereum faster, cheaper, and safer? Watch this video to learn more and potentially qualify for an airdrop.

Let's find out here!

Stablecoins for Salvadorian Energy

Stablecoin issuer Tether has announced their collaboration with El Salvador to invest in their billion-dollar renewable energy project.

The project, known as Volcano Energy, is an upcoming renewable energy park that will be used to power Bitcoin mining farms across El Salvador.

The park's estimated output of 1.3 exahashes per second could potentially catapult Volcano Energy into the top 20 Bitcoin mining pools in the world.

Cointelegraph

GameStop is Back?

GameFi project Illuvium has announced a partnership with GameStop to release a new NFT collection next week.

The collection will feature 20,000 dynamic 'Illuvitar' NFTs, with different rarities and power ratings to help players rise through the ranks in Illuvium

However, the 'GameStop x Illuvitar D1SK NFTs' from the upcoming series will feature Illuvitars with custom GameStop-themed accessories.

Cointelegraph

Land of the Rising Stables

The largest bank in Japan, Mitsubishi UFJ Financial Group, abbreviated as MUFG, will soon be launching its own stablecoins across a variety of networks.

Joining forces with blockchain firm Datachain and cross-chain platform Toki, MUFG will make use of its own 'Progmat Coin' platform to deploy the assets.

Through Toki, users will be able to perform stablecoin transactions across Ethereum, Polygon, Avalanche, and Cosmos.

Bitcoin News

WBT listing on Bitfinex

Join the WBT trading on Bitfinex.

After Huobi, Gate, and MEXC, WhiteBIT Token joins one more world-class exchange. On the 1st of June, at noon, WBT on the ERC-20 network was listed on Bitfinex in WBT/USDT and WBT/USD pairs.

Have a profitable trading!

Trade WBT