<img alt="" class="attachment-medium_large size-medium_large wp-post-image" height="427" src="https://static.news.bitcoin.com/wp-content/uploads/2023/04/unnamed-77-768x427.jpg" style="float: left; margin: 0 15px 15px 0;" width="768" />PRESS RELEASE. The Seasonal Tokens economy has gone through its second change of season. Like bitcoin, the four tokens &#x2013; Spring, Summer, Autumn and Winter &#x2013; go through regular halvings of the supply from mining. Every nine months, the rate of production of one of the tokens is cut in half. On the 6th of [&#8230;]

Seasonal Tokens: Summer’s Price Rises After the Halving as Expected

Major crypto exchange Bitget introduced artificial intelligence (AI) in its trading services. The platform’s newest AI-powered Martingale strategy product is explicitly designed for actual use in real-time trading scenarios. The AI-powered Martingale strategy product comes fresh on the heels of Bitget’s explosive growth in terms of product lineup expansion and user base swelling. The new […]

Bitget Going on AI-Powered Streak with New Martingale Strategy Product

Optimism ushers in a new era with the successful completion of its highly anticipated “Bedrock” upgrade. This transformative enhancement, announced by OP Labs, the network’s developer, brings forth accelerated deposit times, decreased layer-1 fees, and fortified security measures.  The implementation of these advancements marks a pivotal step in the developer’s ambitious mission to establish a “Superchain” comprised of scalable Web3 networks, leveraging the cutting-edge Optimism OP Stack software.  Related Reading: Polygon (MATIC) Large Transactions Explode 742% Amid Latest SEC Attack Optimism Bedrock: Revolutionizing Efficiency & Security According to an announcement by Optimism on Twitter, the network now possesses the ability to identify chain reorganizations occurring on Ethereum, seamlessly reflecting these reorgs in users’ Optimism balances. This revolutionary development has paved the way for deposit times to be dramatically reduced to a mere one minute, in stark contrast to the previous average wait time of 10 minutes.  ✅OP Mainnet’s migration to Bedrock has concluded and the Bedrock sequencer has started up. Key external OP Mainnet infrastructure is starting to come back online. You can track infrastructure status here:https://t.co/XTtaArdI03 — Optimism (✨🔴_🔴✨) (@optimismFND) June 6, 2023 The significant time savings are achieved by eliminating the need to achieve finality on L1 before processing deposits from Ethereum to Optimism. Streamlined Gas Optimization Recognizing the importance of affordability and accessibility, the Bedrock upgrade takes a stride towards a more user-friendly ecosystem. By leveraging the network’s innovative gas optimization techniques, the development team behind Bedrock has successfully slashed data availability fees on Ethereum by a remarkable 40%.  This momentous reduction is seamlessly passed on to Optimism users in the form of significantly lowered gas fees. As a result, participants can now transact on the network with increased efficiency and cost-effectiveness, making Optimism an even more attractive platform for decentralized activities. BTCUSD trying to reclaim $27K territory. Chart: TradingView.com Fortifying Security With 2-Step Withdrawal Process Ensuring the utmost security of user assets has always been a paramount concern for the Optimism team. With the implementation of Bedrock, the network introduces a robust two-step withdrawal process, explicitly designed to mitigate the risk of potential bridge exploits.  By implementing this comprehensive security measure, Optimism takes a proactive stance in safeguarding user funds and fortifying its infrastructure against potential vulnerabilities. As a result, participants can engage with the network confidently, knowing that their assets are shielded by cutting-edge security features. A Promising Future With the arrival of the Bedrock upgrade, Optimism sets a new benchmark for efficiency, affordability, and security within the realm of decentralized networks. The remarkable reduction in deposit times, coupled with substantial gas fee optimizations, ensures that users can interact with the platform seamlessly while enjoying cost savings.  Furthermore, the implementation of a robust two-step withdrawal process offers an additional layer of protection, solidifying Optimism’s commitment to maintaining a secure and trusted environment.  As the network continues its journey towards building a Superchain of scalable Web3 networks, powered by the state-of-the-art OP Stack software, the future looks promising for Optimism and its growing community of users. -Featured image from Optimism Docs

Now That Optimism ‘Bedrock’ Hard Fork Is Done, What Can We Expect?

Road Town, BVI, June 7th, 2023, ChainwireDigital asset trading platform LBank Exchange is to list the ELMOERC (ELMO) token. The ELMO/USDT trading pair will officially go live on LBank at 9:00 UTC on Jun 9, 2023.ELMOERC (ELMO) is a memecoin project whose token features a unique "burn and earn" mechanism. The listing of ELMO on LBank Exchange will expand its global footprint and support deeper liquidity.The ELMO token imposes a 10% tax on DEX trades and 6% on CEX trades, mechanisms that support a robust circular economy. The goal of ELMOERC is to become the ultimate memecoin through a rapidly reducing supply, utility, and accessibility.The team behind ELMO intend to introduce staking, NFTs, and many other features. Long-term diamond holders are rewarded through substantial burns funded by taxes imposed on sellers. Whenever someone sells, the total supply reduces, increasing demand for the remaining circulating supply due to scarcity.About ELMO TokenELMOERC is a memecoin with an aggressive burn mechanism that has seen 125M tokens burnt since its launch. This is implemented via a 10% tax on DEX trades. ELMO started out with a total supply of 1 billion, but 500 million of these tokens were burned prior to launch. There is a 0% tax on buying, a 10% tax on selling, liquidity is locked, ownership has been renounced, and team tokens have been secured under lock.Learn MoreOfficial Website | Telegram | Twitter | ContractAbout LBankLBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users' funds and aims to contribute to the global adoption of cryptocurrencies.Start Trading Now: lbank.comCommunity & Social Media:  Telegram l Twitter l Facebook l LinkedIn l Instagram l YouTubeContactLBK Blockchain Co. Limitedmarketing@lbank.info

LBank Exchange Will List ELMOERC (ELMO) Token on June 9

Summary: Market maker Cumberland withdrew nearly 25,000 ETH from Binance and Coinbase. The market maker seems to have bought the dip after crypto prices slumped on the back of SEC lawsuits. Binance and Coinbase are accused of operating unregistered security exchanges in violation of U.S. laws. Both platforms deny the allegations and say the SEC would rather regulate through enforcement action than create a clear rule book for crypto registration. Market maker Cumberland withdrew around $46 million in Ether (ETH) […]

Cumberland Scoops ETH Dips On Binance And Coinbase Following SEC Allegations

Twitter’s former CEO and co-founder affirmed his position that Ethereum (ETH) is a security. Dorsey, who shared his opinion about the SEC’s action of labeling several cryptocurrencies as unregistered securities, initially mentioned three assets that were censorship resistant. Jack is on opposing sides with Gary As expected, his list included Bitcoin (BTC). However, Dorsey left […]
The post Analyzing Jack Dorsey’s Claim: Is Ethereum (ETH) a Security? appeared first on Coin Edition.

Analyzing Jack Dorsey’s Claim: Is Ethereum (ETH) a Security?

Cardano (ADA) creator Charles Hoskinson warns that crypto scams will proliferate with the emergence of generative artificial intelligence (AI). Hoskinson predicts in a new video that millions of dollars worth of Cardano will be lost one year from now as scams that employ generative AI take over. “This time next year because of generative AI, millions […]
The post Millions in Cardano (ADA) Will Be Stolen by Artificial Intelligence by This Time Next Year: Charles Hoskinson appeared first on The Daily Hodl.

Millions in Cardano (ADA) Will Be Stolen by Artificial Intelligence by This Time Next Year: Charles Hoskinson

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All opinions expressed by the hosts, guests and callers should not be construed as financial advice! Views expressed by guests and hosts do not reflect the views of the station. Listeners are encouraged to do their own research.

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News Links:
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https://blockchance.eu/
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___________________________________________________________
Time Stamps:
00:00 Intro 
02:17 New Exchange Toobit
03:21 Call Davinci
03:48 US regulator wants court to freeze Binance
06:40 Blockchance Event
07:33 Coinbase SEC suit
09:15 Trip to Greece
09:37 BTC Charts
12:36 ETH Charts
13:42 Litecoin - pre-halving
14:11 Bitcoin Dominance
14:19 Outro
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Disclaimer: Please be aware of the risks involved in trading. This video was made for educational purposes only not for financial Investment Purposes.

⏰ Time Stamps ⏰
00:00 Bitcoin Intro

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***THIS IS NOT FINANCIAL ADVICE IT IS JUST AN OPINION! WE ARE NOT EXPERTS! WE DO NOT GUARANTEE A OUTCOME WE HAVE NO INSIDE KNOWLEDGE! PLEASE DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!

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***THIS IS NOT FINANCIAL ADVICE IT IS JUST AN OPINION! WE ARE NOT EXPERTS! WE DO NOT GUARANTEE A OUTCOME WE HAVE NO INSIDE KNOWLEDGE! PLEASE DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!

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BUY ZONE HIT! DOES THIS CHART LEAD THE WAY? - 2023 BTC PRICE PREDICTION - BITCOIN ANALYSIS!

Today we're joined by Ryan Selkis, the Founder and CEO of Messari and an outspoken political advocate for the crypto industry. We explore the current state of Crypto Regulation and how Ryan plans to fight in Washington with the Digital Freedom Alliance.

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Topics Covered

0:00 Intro
9:34 Does Washington Want to Kill Crypto?
15:45 How the US Affects Global Regulation
27:54 Ryan Selkis Proposal
43:10 What we can learn from SBF
51:20 The Digital Freedom Alliance
59:08 Why we have to Play Politics
1:03:49 What’s Next
1:08:00 Closing and Disclaimers

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Resources:

Ryan Selkis:
https://twitter.com/twobitidiot 

Join the Digital Freedom Alliance
https://joindfa.org

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://www.bankless.com/disclosures