Louisiana, US, passes new crypto legislation protecting node operators and banning CBDCs
According to Cointelegraph, Louisiana, USA, has passed a new crypto law to protect node operators and prohibit the use of central bank digital currencies (CBDCs). The law, which will take effect in August 2024, explicitly prohibits the state from participating in CBDC testing or accepting CBDC payments. In addition, the law imposes strict restrictions on foreign-controlled digital asset mining companies, requiring them to completely divest their interests in the state within one year. The law also defines node operators, emphasizing their importance in maintaining blockchain consensus and integrity.
Trump in talks to speak at Bitcoin conference in July
Trump is in talks to speak at a Bitcoin conference in July, Axios reported, citing two people familiar with the matter.
Other politicians will also speak at the conference, including presidential candidate Robert Kennedy Jr., former presidential candidate Vivek Ramaswamy, and Republican Senators Bill Hagerty and Marsha Blackburn. In addition, Trump and Biden will debate later this week and may discuss cryptocurrency.
Asset management firm VanEck changes X platform profile picture to Pudgy Penguins
The X platform avatar of asset management institution VanEck has been changed to Pudgy Penguins, with the caption "The boss thinks this is so cute, we have to pfp it."
OpenAI CTO: GPT-5 is expected to be launched at the end of 2025 or early 2026
Mira Murati, chief technology officer of OpenAI, recently revealed that the company's new-generation artificial intelligence model GPT-5 is expected to be launched at the end of 2025 or early 2026, reaching doctoral-level intelligence in specific tasks, marking that artificial intelligence technology may usher in another major leap.
It is reported that GPT-5, internally codenamed "Gobi" and "Arrakis", is a multimodal model with 52 trillion parameters, while the previous generation GPT-4 has about 2 trillion parameters. Murati compared the progress from GPT-4 to GPT-5 to the leap from high school level to college level, indicating that the new model will have a significant improvement in complexity and capabilities.
Ethereum core developer Tim Beiko said on the X platform that the mailing list provider "updates@ethereum.org" used by the Ethereum Foundation is suspected to have been hacked. SendPulse is currently being contacted to resolve the issue. Please do not click on any links in the email.
DEX Screener Launches Token Issuance and Trading Platform “Moonshot”
According to DEGEN NEWS, DEX Screener launched a token issuance and trading platform "Moonshot", which will compete with pump.fun. DEX Screener tweeted that Moonshot does not have an X account and users should beware of scams.
Biden administration rehires its former cryptocurrency adviser Carole House
According to DL News, the Biden administration announced that Carole House, a key official who advised and co-wrote President Biden's 2022 executive order on cryptocurrencies and digital assets, has returned to the government. House will serve as a special adviser to the White House National Security Council, focusing on "critical infrastructure policy" and cybersecurity. She said: "It's an honor to serve again to shape the future of a secure and trusted digital economy."
Blast Foundation established, Blast vision to be unveiled on June 26
Ethereum L2 network Blast announced the establishment of the Blast Foundation on the X platform to support the community in realizing the Blast vision, which will be made public on June 26. So far, Blast's account and website are managed by a Blast development company called Arcade Research. As part of the transition to a decentralized governance structure, the governance of this X account, website and Blast protocol is being transitioned to the foundation's control. More information will be shared soon.
Jump Crypto President Kanav Kariya Announces Resignation
Jump Crypto President Kanav Kariya announced his resignation on the X platform, ending his six-year career at Jump Trading. Kanav Kariya said he will continue to stay in touch with the portfolio companies he is involved in, and said he plans to use this time to deal with some events that have occurred in the past few years. Earlier on June 20, people familiar with the matter said that the US CFTC is investigating Jump Crypto.
The zkSync community ZK Nation said on the X platform that the second round of ZK token claims has started. Members of the Protocol Guild, contributors to external projects, or users nominated by ZKsync native ecosystem projects can now check if they are eligible. This claim activity accounts for 1.91% of the total airdrop supply and will end on January 3, 2025.
Orderly increases airdrops from 10% to 13.3% of total supply
The full-chain derivatives liquidity layer Orderly Network announced an increase in airdrop allocations, increasing the token allocation of the points program "Merits" by 50%, from 59 million to 92 million; and increasing the total airdrop amount from 10% of the total supply to 13.3%. In addition, the Orderly points event "The Road to The Order" has been extended for another eight weeks and may end early.
Tether will stop minting USDT on EOS and Algorand
According to the official blog, stablecoin issuer Tether said that starting today (June 24, 2024), Tether will stop minting USDT on EOS and Algorand. In the next 12 months, Tether will continue to redeem USDT on EOS and Algorand as usual. Further changes may be evaluated and announced at that time.
AssangeDAO governance token JUSTICE rose 105% in 24 hours
Coingecko market shows that the AssangeDAO governance token JUSTICE, which aims to rescue the founder of WikiLeaks, has risen 105% in the past 24 hours and is now trading at $0.0004889. Earlier today, it was reported that Assange, the founder of WikiLeaks, had reached a plea agreement with the US Department of Justice, had left the UK, and would eventually return to Australia.
ZKsync valuation has fallen 40% since ZK token launch
According to The Block, since ZKsync launched the ZK token, its fully diluted valuation is $3.4 billion, down 40% from when the token was launched. Analysts said this may be due to continued selling pressure from airdrop recipients and overall poor market conditions. The current market value of the ZK token is about $600 million, compared to $1 billion at launch. Data shows that active addresses on the ZKSync Era hit an all-time high of nearly 675,000 on the day the ZK token was launched, but just three days after the token was launched, the number of active addresses was halved. This suggests that the initial surge in volume may have been due to dormant addresses suddenly becoming active to claim airdropped tokens.
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