💎20240606 Thursday Crypto Daily💎

🔥Industry Highlights

NVIDIA's market capitalization exceeds 3 trillion, surpassing Apple Inc.

Bybit platform adds user certification for China (CN)

🔥Protocol Updates

TON plans to complete over 100 $USDT integrations with various native partners
$Gala Games launches a token creation tool, allowing the burning of $GALA to create new tokens

Ultiverse opens $ULTI airdrop claims

Open Campus votes on a proposal to allocate $10 million from the ecosystem fund for acquiring validation nodes

$Mask Network is set to launch its Season 1 staking program, allowing staking of $MASK to earn 700,000 $RSS3 and 40,000 $TON

Injective: Today, 12,266 $INJ tokens have been burned, worth approximately $321,000

Aethir reveals tokenomics, with 56% allocated for community rewards

Binance Launchpool will go live at https://t.co/oKjglSM6Vj ($IO); https://t.co/536NPiM0Kf announces $IO tokenomics, with an initial total supply of 500 million tokens, and $IO tokens will be issued on June 11; the project has raised $40 million through two rounds of private placements, with a latest valuation of $1 billion

Galxe will conduct a $GAL staking snapshot on June 14, with initial rewards including $ARB, $MERL, $ZKJ

Coinbase launches smart wallet

$Mask Network will launch its first season staking event

🔥Price Movements

Total crypto market cap: $2.64T; Fear and Greed Index: 78
24h liquidation across the network: $89.86 million, with many short positions liquidated

ETH/BTC exchange rate: 0.054; BTC: $71,175; ETH: $3,849

Altcoin:
$FIDA +33.24%; $BURGER +53%; $GMX +20%; $LQTY +19.31%; $MOVR +16.57%; $COMBO +13.29%; $LPT +12.36%; $QI +11.5%; $PHA +10.95%; $BB +20%; $MUBI +13.5%; $FLR +8.69%;

Meme:
$BRETT +29.83%; $PEOPLE +12.9%; $ANDY +21.33%; $MOTHER +35.29%;

🔥Regulatory Policies

The Shanxi Provincial Office for the Prevention of Financial Risks warns: Beware of illegal fundraising disguised as "blockchain"

A university student sentenced to 4 years and 6 months, and fined 30,000 yuan for issuing a meme coin

🔥Investment and Financing

Glacier Network completes $8 million financing at a $100 million valuation, with participation from Laser Digital and others

Modular blockchain project Nubit completes $8 million seed round financing, led by Polychain Capital