Happy Monday!

The global crypto market cap is $1.15 trillion, with a 24-hour volume of $36.98 billion. The price of Bitcoin is $27,578.57, and BTC market dominance is 46.5%. The price of Ethereum is $1,880.11, and ETH market dominance is 19.7%. The best-performing sector is Cannabis, which gained 17%. The Crypto Fear & Greed Index is currently Neutral (52).

Top News

Cardano meme coin SNEK scales new heights – hitting new all-time high

Snek is the first Cardano meme coin to make a notable impact - growing 23,000% in market cap since being listed on SundaeSwap several weeks ago.

Bware Labs Launches $INFRA Token

Bware Labs has announced the launch of their INFRA token, which will take place on May 30, 2023, at 10:00AM UTC. The launch of INFRA reaffirms the company’s mission to make high API performance possible within a decentralized Web3 infrastructure.

Blast, Bware Labs’ API platform, is on the path to achieving decentralization and becoming permissionless by enabling any blockchain node that can maintain the required level of quality to register within the protocol. Earning INFRA tokens will encourage operators to run full nodes on all of the Blast supported chains, leading to node stability, a better reallocation of unused resources, cutting down on energy use, and lower infrastructure costs. By leveraging INFRA through staking, by becoming node operators, or through delegations, Bware Labs community members gain the ability to contribute to the network's growth, hold a share in its rewards, and shape its future direction.

The total supply of $INFRA tokens has been deployed on Ethereum, and then it will be partially bridged to the Avalanche Chain through the Avalanche Bridge.

Follow INFRA’s path to decentralization from listing day 1!

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Disclaimer: This is a sponsored post brought to you by Bware Labs.

Jimbos Protocol reaches out to on-chain investigators for help after $7.5M hack

Jimbos Protocol's native token crashed by approximately 40% to $0.19 from $0.31 after news of the hack broke.

Bitcoin’s leap above $28k triggers $130 million in crypto liquidations

Bitcoin's brief pump above $28,000 led to steep losses for short traders.

Latest Insights

• Bitcoin breaks $28k threshold on debt ceiling decision, whales continue to accumulate

• Total Bitcoin Inscriptions count approaches 10M

• Bitcoin realized price hits YTD high

More News

Russia backtracks from plan to create national crypto exchange

Russian authorities have canceled plans for a national crypto exchange and will instead focus on regulating private sector alternatives.

Buoyant weekend price action sees Bitcoin recapture $27,000: CryptoSlate wMarket Update

The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.

Bitcoin touches $28,000 as whales, long-term holders ramp up accumulation

Whales and long-term holders were unfazed by Bitcoin's weekend volatility, ramping up the accumulation they started in the second half of May.

Hoskinson proposes ‘generative AI-proof watermarking’ to thwart deep fakes

Countering AI deep fakes - technological advancements will soon make fakery indistinguishable from real life.

BKEX freezes withdrawals amid money laundering probe

BKEX's withdrawal suspension raise concerns among users about the safety of their funds, and other issues.