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Apple Delays Major Features in EU Amid Digital Markets Act Concerns

Apple has decided to delay the release of Apple Intelligence, iPhone Mirroring, and SharePlay Screen Sharing in the European Union due to concerns about the regulations in the Digital Markets Act (DMA), according to multiple reports.

Apple Intelligence is the company’s new artificial intelligence upgrade.

An Apple spokesman told CNBC that “Apple Intelligence is a collection of ‘highly capable’ large language and ‘diffusion models,’ as well as an ‘on-device semantic index’ that worked across apps to identify data and feed it to models.”

This upgrade impacts the Siri voice assistant and other functions, as London Insider reported on Saturday.

iPhone Mirroring allows users to see and control their iPhones from their Macs, while SharePlay Screen Sharing lets FaceTime users control others’ devices during conversations.

Fred Sainz, Apple’s senior director of corporate communications, explained to The Verge, “We are concerned that the interoperability requirements of the DMA could force us to compromise the integrity of our products in ways that risk user privacy and data security.”

Apple is one of six companies the EU has labeled as “gatekeepers” due to their significant market power.

The other gatekeepers are Alphabet, Amazon, ByteDance, Meta, and Microsoft.

These companies manage 22 “core platform services,” according to EU lawmakers.

The Digital Markets Act, effective since May 2023, imposes specific rules on gatekeepers.

The DMA rules include requirements on interactions with third parties, user control over their data, and business rights to verify advertising on their platforms.

Violating these rules can lead to penalties of up to 10% of a company’s global annual turnover, or up to 20% for repeated offenses, along with other potential remedies.

Apple is already under investigation for its business practices in the EU.

The European Union comprises 27 member states and has a population of 448.4 million.

Cointelegraph reached out to the Apple press department and Sainz for further confirmation and information but did not receive an immediate response.

To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.

3iQ Seeks Approval for North America’s First Solana ETP on Toronto Stock Exchange

Blockchain News/CD/Crypto News Today

Digital asset manager 3iQ has filed for a Solana exchange-traded product (ETP) listing on Canada’s Toronto Stock Exchange (TSE), which, if approved, would be a first in North America, according to the company.

“We have submitted a preliminary prospectus for The Solana Fund (QSOL) in Canada in relation to an initial public offering,” 3iQ announced on X on June 20.

If approved, it would be the first Solana ETP listed in North America, the firm emphasized.

The preliminary prospectus for QSOL has been filed with securities regulatory authorities in all Canadian provinces and territories, excluding Quebec, 3iQ stated.

QSOL aims to provide “exposure to the digital currency SOL” and track the “daily price movements of the U.S. dollar price SOL.”

Additionally, holders of 3iQ’s Solana ETP might earn interest from native SOL staking yields, which the firm estimates to be around 6-8%.

Coinbase Custody and Tetra Trust will serve as custodians, with Coinbase Custody providing exclusive institutional staking infrastructure for the Solana fund.

3iQ’s key cryptocurrency products on the TSE include the 3iQ Bitcoin ETF (BTCQ) and 3iQ Ether Staking ETF (ETHQ), which have approximately $233 million and $38.7 million in net assets, respectively, according to Yahoo Finance data.

The firm also offers The Bitcoin Fund (QBTC) and The Ether Fund (QETH).

Canadian securities regulators approved the world’s first spot Bitcoin ETFs, which launched in February 2021, followed by spot Ether products two months later.

“Canada had spot Bitcoin and spot Ethereum ETFs before the US even got futures ETFs for either asset,” noted Bloomberg ETF analyst James Seyffart.

While firms like Franklin Templeton and other U.S. asset managers have praised the Solana network, none have announced plans to pursue a spot Solana ETF in the U.S.

Globally, more than $1 billion worth of Solana ETPs are already available, including the 21Shares Solana Staking ETP and the ETC Group Physical Solana product in Europe, as highlighted by Seyffart.

To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.

Bitwise Launches Historic Spot Ether ETF Ad, Mintable as NFT

Blockchain News/CD/Crypto News Today

Digital asset manager Bitwise launched its first spot Ether exchange-traded fund (ETF) commercial on Thursday, inviting non-fungible token (NFT) enthusiasts to mint the 39-second clip on Ethereum.

“Capture a piece of crypto history: the 1st national TV spot minted as an NFT,” Bitwise announced in a June 20 post on X.

The ad is themed around Ethereum’s constant availability, contrasting it with “big finance,” which operates on traditional hours. It draws inspiration from an early 2000s Apple ad comparing Mac computers to PCs.

The commercial features a conversation between a casually dressed, younger man representing Ethereum and an older man in business attire and a nightgown representing “Big Finance.”

The older man is preparing for bed as the trading day ends.

“You’d want a little shut-eye too if you’ve been moving billions around the world,” boasts Big Finance.

“Well, actually, I do,” replies the Ethereum man.

“Stablecoins, NFTs, loans, people can access me 24/7 […], but look, everyone’s different. You should get some rest,” he adds, tucking Big Finance into bed.

Bitwise described the ad as a “piece of history.”

So far, 1,198 mints of the 39-second clip have been made by 530 unique minters, according to the Zora Network, an Ethereum layer-2 solution for artists and brands.

Bitwise announced that 50% of the NFT proceeds will support Protocol Guild, a funding mechanism created by Ethereum core contributors.

The remaining 50% will go to the ad’s actors, Jamie Kaler and Michael Tacconi.

Protocol Guild, Kaler, and Tacconi have collectively earned $1,865 or 0.53 Ether from the NFT mint so far.

Last month, Bitwise and seven other firms had their applications approved by the United States Securities and Exchange Commission (SEC) to list spot Ether ETFs.

Bitwise amended its S-1 registration statement on June 18 to include a potential $100 million investment into the Bitwise Ethereum ETF upon its launch.

S-1s are the final filings that must be approved by the SEC before these products can launch. According to Bloomberg ETF analyst Eric Balchunas, they may launch as early as July 2.

VanEck also released its spot Ether ETF ad shortly after the SEC’s approval of the 19b-4 filings.

To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.

Winklevoss Twins Pledge $2 Million in Bitcoin to Support Trump’s 2024 Reelection Campaign

Blockchain News/CD/Crypto News Today

Gemini co-founders Cameron and Tyler Winklevoss have each pledged $1 million in Bitcoin towards the reelection of former U.S. President Donald Trump.

In June 20 posts on X, the Winklevoss twins announced their intention to vote for Trump, the prospective Republican Party candidate for U.S. President on Nov. 5.

They committed to sending 15.47 BTC each — approximately $1 million at the time — to his campaign. Both brothers emphasized that Trump was “pro-Bitcoin” and “pro-crypto,” while criticizing President Joe Biden for allegedly declaring “war against crypto” during his tenure.

“President Donald J. Trump is the pro-Bitcoin, pro-crypto, and pro-business choice,” Tyler Winklevoss stated. “This is not even remotely open for debate.

Anyone who tells you otherwise is severely misinformed, delusional, or not telling the truth […] It’s time for the crypto army to send a message to Washington. That attacking us is political suicide.”

Tyler highlighted the U.S. Securities and Exchange Commission’s actions against crypto firms under the Biden administration and the “weaponization of the banking system against crypto companies” — a nod to Operation Choke Point 2.0.

The twins, however, did not mention regulatory actions during Trump’s presidency from 2017 to 2021.

The Winklevoss brothers reportedly attended a June fundraiser for Trump, costing up to $300,000 per person.

Additionally, they have donated about $5 million to the Fairshake political action committee and its affiliates, which have been responsible for attack ads against lawmakers and supporting specific Democratic and Republican candidates.

The twins’ announcement did not address Trump’s conviction on 34 felony counts in May, potentially complicating his reelection bid.

Despite leading the polls as the Republican presidential candidate, Trump faces a sentencing hearing in New York on July 11, just before the party nomination.

In recent months, amid his legal challenges, Trump has hosted a dinner for those who purchased an NFT of his mugshot from a Georgia criminal case, announced his campaign’s acceptance of crypto donations, and met with executives from major mining firms, expressing his intention to have all BTC mined in the U.S.

Meanwhile, President Biden is also reportedly considering accepting cryptocurrency for his reelection campaign.

Reactions on X were mixed; some supported the Winklevoss’ endorsement, while others questioned Trump’s commitment to crypto, suggesting he might be influenced by Robert F. Kennedy Jr, a crypto-friendly Independent candidate for 2024.

Trump had previously called Bitcoin a scam in 2021 after leaving office.

To submit a crypto press release (PR), send an email to sales@cryptointelligence.co.uk.

Memereum Sells Over 1M Tokens Within Hours on Presale While Markets Rebound

Press Releases

Monaco City, Monaco, June 21st, 2024, Chainwire

Memereum Achieves Significant Milestone

Memereum (MEME) sold over 1 million tokens within hours of its presale, reaching a total of over 24 million tokens sold in it’s current presale phase. The team views this rapid progress as an indication of strong market demand and confidence in Memereum.

Innovative Features of Memereum

Upon launch, Memereum will introduce MemeSwap, the first decentralized insured exchange. A beta version of MemeSwap is currently live and accessible on their website. This platform aims to provide a secure trading environment, leveraging decentralized insurance mechanisms to protect users’ investments. MemeSwap aspires to enhance security and user confidence in the crypto exchange market.

Staking Rewards Program

Memereum includes an automatic staking system with a 183% annual percentage yield (APY). This yield aims to attract participants by providing notable rewards, positioning Memereum as an option for those interested in exploring new opportunities in the crypto space.

Memereum Presale

With the current presale price set at $0.04 and the launch price anticipated by the team to be $0.45, Memereum offers an opportunity for early investors to enter at a low price with the potential for returns. The presale structure includes a strategic price increase every 72 hours, aiming to encourage early participation.

Market Presence

Already listed on three exchanges ( BitVenus, Toobit, and Azbit), Memereum is poised to make a significant impact in the cryptocurrency market. Memereum’s ability to sell over 1 million tokens within hours of its presale launch marks a significant achievement and highlights its potential in the cryptocurrency market.

Conclusion

As the cryptocurrency market continues to recover, Memereum is strategically positioned to benefit from this momentum. The next few months are crucial as Memereum executes its plans and builds on its early achievements. With a dedicated team, robust community support, and a clear vision, Memereum aims to make a lasting impact in decentralized finance.

For more details and how to participate in Memereum’s ongoing presale, users can visit Memereum’s website.

About Memereum (MEME)

The strong interest in Memereum (MEME) can be attributed to its innovative approach in the blockchain sector and its growing community support. Memereum is the first blockchain insurance with an integrated DEX for supported token trading. Learn more about Memereum by clicking here.

Contact

Bessie Cooper
Memereum
support@memereum.net

FLOKI Unveils New Developments and Strategic Marketing Initiatives

Press Releases

Miami, FL, June 21st, 2024, Chainwire

Beyond market trends, FLOKI has emerged as a significant entity in the meme coin sector. Its success is driven by practical applications, a robust presence, and a dedicated community.

A key factor behind FLOKI’s prominence is its strong community support. Notable mentions include a tweet from Elon Musk’s parody account with 207k followers, stating, “FLOKI objectively offers much better utility than other memecoins on the market.” Crypto analyst Crypto_Scofield also praised FLOKI’s rapid development, noting its leadership among major meme coins like $PEPE, $WIF, and $BONK.

Social Media and Community Engagement

Data from LunarCrush, a social media analytics tool shows that, in the last six months, FLOKI’s social interactions skyrocketed by 320%, and its social dominance was up 109%. Social Dominance measures the “share of voice” across social media, as per LunarCrush.

FLOKI has been actively pursuing new developments to strengthen its ecosystem. The team introduced a trading bot and achieved major listings, like Kraken adding FLOKI to its exchange listing roadmap, just in the last 24 hours.

FLOKI introduced a Telegram based trading bot tool that enables holders to trade any token on the BNB Chain network. Public availability is expected in mid-June. The service will later be expanded to the Ethereum and Base blockchains. The bot, requiring FLOKI tokens for use, aims to increase token demand through a fee structure that supports buying pressure. The bot charges a 1% fee on every transaction, with 50% of the collected fees used to buy FLOKI on the open market, thus contributing to buying pressure.

Some other examples of utility include FLOKI launching a decentralized domain name service on the BNB Chain mainnet. This service allows users to create .FLOKI domain names, representing their on-chain identities.

FLOKI roadmap shows that it is in talks to offer digital banking accounts in partnership with a licensed fintech firm. Users can link these accounts to FLOKI debit cards for smooth transactions in euros, US dollars, and more.

Another major project in progress is the launch of Valhalla, FLOKI’s play-to-earn NFT gaming metaverse.

Furthermore, FLOKIFi Locker Protocol has also been integrated into DEXTools. Collaborations with Inverse Finance and Venus Protocol allow users to stake their FLOKI tokens and use them as collateral for borrowing major cryptocurrencies like BTC and ETH.

The partnership goes beyond the ecosystem, i.e IRL events too.

Looking ahead, FLOKI’s marketing efforts are likely to be even more impactful than in the past. As explained in a tweet by Sabre, Advisor, Creative Marketing Director, FLOKI, the past marketing partnerships are likely to be eclipsed by what’s to come.

https://x.com/SabreEthereum/status/1798750647937900695

Sports Partnerships

To name a few, FLOKI became the sleeve sponsor for Kerala Blasters FC, a popular soccer team in India. Along with being the shirt sponsor of The India Maharajas. This partnership introduces the FLOKI brand to over 700 million cricket fans globally.

FLOKI and its sister token, TokenFi, also formed a strategic marketing partnership with two legendary cricket teams, the Manipal Tigers and the Bhilwara Kings.

The team also partnered with Spanish soccer team Cádiz CF, part of the La Liga division. The FLOKI logo features prominently on the jerseys and LED displays of SSC Napoli and at events hosted by World Table Tennis (WTT), reaching over half a billion Tennis fans.

Last but not the least, FLOKI appeared on the Alfa Romeo F1 Team ORLEN cars in 2022 throughout the season.

Marketing and Strategic Partnerships

FLOKI has launched several aggressive marketing campaigns to boost adoption and awareness worldwide. The platform anticipates that upcoming initiatives will surpass the impact of previous efforts.

In Nigeria, the team announced a three-month campaign targeting the country’s high percentage of crypto users, including advertising on major news platforms and business publications and collaborating with 16 digital influencers to reach over 93 million people.

In Vietnam, FLOKI initiated a comprehensive campaign aimed at the crypto user base with extensive advertising and local events to engage the community and build brand loyalty. Vietnam, which ranks 15th in global population, also has one of the highest crypto adoption rates.

FLOKI has also made strides in Turkey, featuring prominently on television with commercials on popular channels to leverage Turkey’s large and active crypto community. In the Middle East and North Africa (MENA) region, FLOKI’s marketing initiatives include high-profile campaigns in countries like the UAE, where crypto adoption is rapidly growing.

In the United States, FLOKI executed high-visibility billboard campaigns, notably in New York City’s Times Square prime location beside the Nasdaq billboard in Times Square, capturing the attention of hundreds of thousands of passersby.

FLOKI’s educational initiatives include regular AMA sessions. These sessions provide transparency and allow direct engagement with the community.

With TokenFi joining its ecosystem, FLOKI plans to tap into the growing tokenization industry, projected to be worth $16 trillion by 2030, according to BlackRock CEO Larry Fink.

Summarizing FLOKI’s strategy, Sabre explains it well: “attract retail investors, run impactful marketing campaigns, and leave a lasting impression.”

Financial and Ecosystem Milestones

Meanwhile, the FlokiFi platform has a total value locked (TVL) of $110.56 million secured through 2,372 locks. It supports 16 different blockchains and has locked 86 NFTs. Moreover, over 2.3 trillion FLOKI tokens, valued at $436.61 million, have been secured in the FLOKI staking program.

In a show of strong support, DWF Labs said it will purchase $12 million in FLOKI tokens. This purchase will be a mix of market acquisitions and tokens from the Floki treasury.

As of 2024, FLOKI has been one of the top performers, rising more than sixfold year-to-date. About 86% of FLOKI holders are in profit, according to data from IntoTheBlock.

About Floki

Floki is the people’s cryptocurrency and utility token of the Floki Ecosystem. Floki aims to become the world’s most known and most used cryptocurrency and intends to achieve this ambitious goal through a focus on utility, philanthropy, community, and marketing.

Floki currently has 490,000+ holders and a strong brand recognized by billions of people worldwide due to its strategic marketing partnerships.

Website: https://floki.com

Twitter: https://twitter.com/RealFlokiInu

Contact

Community Relations Officer
Pedro Vidal
Floki
Marketing@Floki.com

How Non-GamStop Casinos Ensure Responsible Gaming

CD

Players choose UK-based casinos due to their enhanced safety and reliability, but new tightened regulations make users opt for alternative gambling destinations. While UKGC-licenced platforms implement the mandatory self-exclusion program, sites registered within other jurisdictions are more flexible. However, it doesn’t mean they are insecure and encourage overspending, as these operators still do everything for gamblers’ protection. Reputable non-GamStop sites offer safe conditions and the best environment for their members, promoting responsible gaming and giving access to all the necessary resources.

Safer Gaming Principles in Non-UK Casinos

The online gambling world hides a lot of secrets; some of them are really attractive, while others may lead to unpleasant consequences. Overspending and the inability to stop in time remain the main issue, often resulting in compulsive disorders. Luckily, operators use multiple measures to ensure consumer protection and user awareness of responsible gaming.

The lack of self-exclusion is an important advantage offered by non-GamStop CasinoGap sites for British users, which boast high reliability, increased bonuses, and amazing game collections. Let’s explore the safety measures used by these platforms and conclude whether their efficiency is enough to decrease the number of problem players.

Advanced Security Mechanisms

Some users only consider British online casinos regulated and safe, which is far from the case. Multiple overseas platforms can legally enter the market and provide their services to locals. These online gaming establishments without GamStop offer enhanced player protection by using the best safety mechanisms. All data entered into the website is encrypted, so no third parties can access it.

Other safety measures, including multi-factor authentication and fraud prevention, are also utilised. At the same time, independent authorities like eCOGRA test operators’ fairness and compliance with the generally accepted standards. Therefore, players can be confident that all their personal and banking details are protected.

Deposit Limitations

Non-GamStop platforms don’t impose such strict limits as UK-based casinos but still don’t allow their members to deposit endlessly. Therefore, users face particular restrictions regarding the maximum top-up on the gaming platform. The sum depends on the online gambling establishment, so players should consider the available limitations before joining the chosen site. It’s worth noting that those using cryptocurrencies for deposits and payouts usually have higher maximum limits, which is why this banking option is increasingly in demand.

Verification and Age Restrictions

Users under 18 are not allowed to engage in gambling activities in the UK, and this rule is relevant in most countries globally. Online casinos conduct customer verification during registration or first deposit. Players must provide their valid IDs or driving licences to prove their age to the operator. Failure to comply with the set regulations will result in restricted access to the gaming site: reputable casinos always stick to this rule and never allow minors to join their platforms.

Increasing Awareness About Problem Gambling

Many non-GamStop casinos place lots only information on possible gaming-related disorders and the first signs that must alert players. Knowing these symptoms is essential to prevent more problems in the future and begin treatment as soon as possible. Moreover, online casinos offer tips on preventing potentially harmful consequences of uncontrolled gambling, including proper bankroll management and limiting time in slots and games.

Notifying Users About Excessive Activities

AI mechanisms are great assistants in numerous industries, and gambling is no exception. Some online casinos have already integrated this technology and provide enhanced protection and fraud prevention. Moreover, AI-based solutions can automatically analyse user activities on the website and send notifications if a user spends too much time and money when playing.

Quick Access to Helplines and Support Groups

Preventing gaming-related problems is the best solution, but it’s not always possible for compulsive players. Therefore, quick access to helplines and counselling services is a must for a reputable non-GamStop casino. Users can ask for support and further guidance on possible therapies: in this case, no self-exclusion is applied, but users are offered to voluntarily quit gambling and get the corresponding treatment.

Access to Alternative Self-Exclusion Tools

While GamStop is mandatorily integrated into UK online casinos and sportsbooks, overseas-licensed sites don’t have any nationwide self-exclusion tools. Therefore, users won’t be blocked by this software and get limited access to gambling and betting activities for a period from six months to five years. Instead, non-GamStop casinos offer problem players to use alternative responsible gaming programs like BetBlocker or GamCare. They offer similar services, including a ban on online casinos, sportsbooks, and other websites that bring threats to users.

Licensing from Other Authorities

Non-GamStop casinos operate outside the British jurisdiction, which doesn’t mean that they are not certified by any responsible bodies. As a rule, the work is under the control of offshore authorities like Curaçao eGaming, MGA, Kahnawake Gaming Commission, etc. These regulatory organisations also have strict requirements for their licensees, including enhanced customer data protection, fairness, and transparency. Non-GamStop sites are the trusted gambling destinations that offer the best conditions, but users should check all the details about certification and safety measures before registering on the chosen platform.

The Final Word

Are you searching for a viable alternative to UKGC-controlled casinos with numerous limitations? Non-GamStop sites welcome British players and offer them the best opportunities and flexibility in payments, games, and bonuses. These online casinos strongly comply with responsible gaming principles, and consumer protection remains their core value. The absence of self-exclusion is often beneficial for risk hunters, so they can easily avoid it, but sticking to safer gaming rules is still necessary.

Top Crypto Wallets for Gambling in New Zealand

CD

The first cryptocurrency, bitcoin, was created by Satoshi Nakamoto in 2008. At that time, it was available for free, but nowadays, one coin will cost about $64 thousand. Since then, cryptocurrency has been gaining speed and is now widely used even in casino deposits.

To find out more about the legalities of cryptocurrency in New Zealand and the rules that apply we have referred to the guidelines provided by the Reserve Bank of New Zealand and to the official website of the Financial Markets Authority (FMA) of New Zealand.

Besides, our team has prepared 3 most popular and highly rated crypto wallets. We have described in detail why they are so loved, what their features are, and how long they have been on the market.

Legal Aspects of Crypto Online Gambling in New Zealand

In 2003, a law was passed prohibiting local online casinos in New Zealand. However, this document does not forbid foreign operators to enter the market. Besides, there is nothing about the restriction on the use of cryptocurrencies. Therefore, it’s safe to use the available tokens for gambling in the country.

Currently, the Ministry of New Zealand plans to promote the expansion of the digital currency industry, but no significant steps have been taken yet. Cryptocurrencies have no physical form and are stored in users’ electronic wallets. Many gambling fans are happy to use this payment system. This is not surprising because it has a number of excellent aspects.

First of all, there is no need to use a bank and no transaction fees. Many reputable casino sites listed at CasinoDeps.co.nz offer additional bonuses for crypto users. Players can make an unlimited number of transactions, free from the restrictions and limits of traditional banking systems. Besides, blockchain technology ensures anonymity and transparency of transactions.

The only thing worth remembering is that cryptocurrency assets also constitute taxable profit. The amount and rate of tax vary depending on the level of income. The standard rate is required to be paid from 10.5% to 39%. The final result is determined by the final annual earnings.

The Most Popular Crypto Wallets for Gambling

To reduce the time you spend searching for a safe and trusted cryptocurrency wallet, our team has prepared several options. All of them are extremely reliable, convenient, and fast.

Additionally, some platforms support microtransactions, allowing for convenient $1 transactions with crypto wallets to replenish a casino. One of them comes from New Zealand and is packed with unique features, just like all the others below.

BitBuy

This cryptocurrency platform started as an exchange called Instabit, which was founded in 2013. It was later renamed to BitBuy and is now famous for its low trading and deposit fees. The platform supports various payment methods, including bank transfers, credit cards, and other payment systems.

The marketplace uses a number of security technologies, such as data encryption and two-factor authentication, to ensure the safety of users’ funds and personal information. BitBuy is a popular option among players because BitBuy has a user-friendly, simple interface and undergoes regular audits.

In addition, the company claims that 95% of its customers’ funds are kept in a cold wallet and separated from the underlying network. This means that no one can steal money from the BitBuy system.

Binance

Binance is one of the largest and most popular cryptocurrency exchanges not only in New Zealand but also in the world, having been founded in 2017. However, in 7 years, the company has quickly become a leader in its segment due to the large number of supported cryptocurrencies.

It offers more than 200 different coins and tokens, and the app has a wide range of features for traders and rewards for new users. This platform has a high level of protection and provides fast and reliable transactions. With the Binance wallet, users can send or receive funds via BNB Chain and Ethereum.

The platform uses a number of security technologies, such as two-factor authentication and data encryption, to maintain high security. In addition, this app actively works to detect and prevent fraud and other types of cybercrime.

Easy Crypto

It’s a New Zealand-based cryptocurrency platform specialising in ease of use and accessibility for all users. Founded in 2017, it, like others, quickly gained popularity due to the ability to get help 5 days a week from the support team.

Currently, the platform supports more than 50 cryptocurrencies and the company plans to continue expanding the list of coins. This is a great wallet for a beginner because the interface does not require deep technical knowledge. The platform allows one to easily buy and sell cryptocurrencies and make deposits to the best online casinos in a high-quality way.

Easy Crypto supports local payment methods, which makes the process of purchasing cryptocurrencies fast and convenient for New Zealand residents. It’s also possible to make transactions using bank transfers and other popular payment systems.

Closing Thoughts

New Zealand authorities have not yet issued a single law that would prohibit the use of cryptocurrencies. On the contrary, the government plans to expand the possibilities of such an electronic wallet in the country. At the moment, a large number of online casinos in New Zealand allow people to make deposits using this type of cryptocurrency.

The most popular options are BitBuy, Binance, and Easy Crypto platforms. The use of these e-wallets ensures fast, secure, and confidential transactions, making them the ideal choice for gambling in New Zealand. However, it’s important to remember that income from digital money is also taxed from 10.5% to 39%.

Best DeFi Projects To Watch In 2024

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Decentralized finance (DeFi) is an innovative idea that uses developing technologies to eliminate intermediaries in financial transactions. In light of this, many platforms have debuted that promote financial accessibility, security, and transparency while enabling peer-to-peer transactions through the use of software, cryptocurrencies, and blockchain technology.

A unique perk of decentralized finance is that it allows people to deal directly without the use of middlemen like banks and brokerages, upending the established centralized financial system. DeFi has recently gained popularity among the crypto community. The majority of people are interested in trading and investing, which are the most popular use cases, followed by lending and borrowing. Financial inclusion, transparency, worldwide accessibility, and increased efficiency are among the primary benefits driving DeFi adoption.

As we delve into the best DeFi projects to watch in 2024, we will uncover the innovative solutions and technologies that are redefining the future of finance.

SmarDex

SmarDex’s USDN could very well be the “Ethena’s killer.” It is poised to revolutionize DeFi with the first decentralized USD-structured product. By leveraging smart contracts on blockchain, USDN offers unparalleled security, transparency, and accessibility. SmarDex, despite its innovative prowess, is grossly undervalued.

SmarDex is also transforming the DeFi space with its novel way of dealing with impermanent loss. SmarDex uses a complex algorithm to convert impermanent loss into gain, giving liquidity providers smart returns and users access to the finest market chances. The platform provides a variety of features such as liquidity provision, farming, staking, etc, all of which are intended to maximize profits while minimizing losses. With its consistent ROIs and unrivaled innovations, SmarDex is the go-to platform for anyone trying to stay ahead of the DeFi game.

Further, its cutting-edge approach promises to democratize investment opportunities, fostering widespread adoption and trust in DeFi. As the market awakens to SmarDex’s transformative potential, its valuation is set to soar, marking a pivotal shift in the financial landscape.

Elys Network

Elys Network is Cosmos Hub’s all-in-one DeFi Layer-1 appchain, partnering with the Atom Economic Zone to offer a unique trading experience. The platform combines the benefits of DeFi with the features of a CEX to provide a seamless UX that bridges the gap between Web2 and Web3.

Elys Network’s unified product suite includes cross-chain interoperability, spot and perpetual trading, simple staking, and leverage LP, creating a liquidity flywheel that enhances volume and revenues. As the first PerpDex, Elys integrates native Bitcoin staking, LP, and BTC trading on leverage, with deep connectivity and partnerships for native Bitcoin integration. Elys has also integrated one-click liquid staking for end users who can seamlessly bring PoS assets and earn a passive yield of 10-20%.

With almost 275,000 human-verified users signed up for their incentivized public testnet, Elys Network is poised for success. The team has raised significant funds through its KOL, Private Sales, and Seed Rounds and is looking to form strategic partnerships to showcase its unique platform. Elys Network offers a comprehensive DeFi solution with a focus on ease of use, security, and financial functionalities.

Deeplink

Deeplink is one of the most promising projects to watch for in 2024, combining cloud gaming, AI, and DePIN. While players enjoy 3A games with ultra-low latency, machine renters earn rewards for sharing idle GPU and bandwidth resources.

Its main technological team has over a decade of experience in the cloud gaming sector, having worked for top firms such as Cisco, Intel, Nvidia, Huawei, and Shunwang. DeepLink Protocol uses blockchain technology to enable miners and internet café operators to supply GPU servers and traffic nodes, earning token rewards while providing worldwide coverage without the need for centralized data centers.

By removing the need for a high-end device, Deeplink makes gaming more accessible and reduces costs globally. Deeplink’s innovation paves the way for a global gaming community of 3 billion, offering a seamless gaming experience. The platform’s $DLC token is currently on public sale.

Insights from BestChange.com

Nikita Zuborev, Chief Analyst at BestChange.com, shares his insights on several interesting DeFi and crypto projects to watch. In his view, Lido Finance is a promising project that allows users to earn money by staking Ethereum without long-term capital freezing. Despite risks for US investors, the platform remains attractive due to its profitability and ease of use. If there are no regulatory shocks, Lido Finance is expected to continue to delight investors.

Other notable projects include STON, a DEX on the TON network that offers high market interest on stable trading pairs, and Chainlink, which creates authoritative oracles for smart contracts. Syncswap, a young project operating on four L2 networks, also shows promise, allowing token swaps and liquidity earnings with the potential for an airdrop, according to Nikita.

Deeper into his insight, Uniswap is worth revisiting despite its token’s unstable trend. The potential threat of SEC’s lawsuit has lowered the token’s value, but he believes the claim is fragile and may not be filed or will be won in court, leading to a potential price rise.

Conclusion

The DeFi landscape is rapidly evolving, presenting numerous opportunities for innovative projects to disrupt traditional finance. As the industry continues to mature, investors and enthusiasts must stay informed and conduct thorough research and due diligence. The projects mentioned in this article are worth watching closely in 2024 as they pave the way for a more open, transparent, and accessible financial future.

Bitcoin Miner Reserves Plunge to 14-Year Low Amid Halving Pressures and Strategic Adjustments

Blockchain News/CD/Crypto News Today

The amount of Bitcoin held by miners has dropped to its lowest level in over 14 years, as reported by IntoTheBlock.

On June 19, miner reserves decreased to 1.90 million Bitcoin, down from 1.95 million BTC at the beginning of the year.

Lucas Outumuro, head of research at IntoTheBlock, explained that miners are expected to hold less Bitcoin over time due to the halving process, which puts pressure on their margins and increases the likelihood of them selling their reserves.

In Bitcoin’s proof-of-work consensus mechanism, miners are rewarded with new Bitcoin for validating transactions and securing the network.

Miner reserves refer to the unsold Bitcoin held by miners. Approximately every four years, the network’s mining subsidy is cut in half.

The most recent halving on April 20, 2024, reduced mining rewards from 6.25 BTC to 3.125 BTC.

“That being said, historically, this has been at a relatively slow rate, so it hasn’t been a major selling pressure,” Outumuro told Cointelegraph.

Despite the reduction in rewards, the dollar value of miner reserves has remained around an all-time high of about $135 billion.

This indicates that while miners hold fewer Bitcoin, the value in USD is higher.

“It seems today’s miners have learned from past cycles,” noted Sascha Grumbach, CEO of tokenized mining firm Green Mining DAO, in a written commentary shared with Cointelegraph.

“Gone are the days of overleveraging and holding onto too much Bitcoin, a strategy that backfired in the past.”

An April report by CoinShares forecasts a surge in Bitcoin’s hashrate in 2025 following a post-halving dip.

The decreasing Bitcoin rewards and increasing competition reduce the amount of Bitcoin produced per unit of hash power over time, raising production costs.

“[Miners’] focus seems to be on short-term financial stability rather than long-term, large-scale accumulation of Bitcoin.”

Grumbach concluded, “In other words, having less Bitcoin is normal in the market phase we are in.”

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