Mantle, Ethereum’s Layer 2 platform, launched Mantle LSP, a liquid staking protocol. It positions itself among top providers, competing fiercely for the third spot in liquid staking volume, challenging rivals Lido and Rocket Pool.

This Monday, Ethereum’s Layer 2 platform Mantle announced the launch of Mantle LSP “a permissionless, non-custodial ETH liquid staking protocol”. This marks the second key product from the Mantle ecosystem following the main Mantle network released in July 2022.
Mantle LSP allows platform users to stake ETH in exchange for $mETH tokens. According to the company, $mETH tokens also enable users to generate returns. “mETH aims to become the most widely adopted and capital-efficient ETH staking token. Adoption priorities include Mantle L2 DeFi applications, Mantle

OpenAI dismissed CEO Sam Altman due to transparency issues. Worldcoin (WLD) faces a 10% drop as Altman’s dismissal shakes the crypto market.

The board of directors at OpenAI announced today the dismissal of its CEO, Sam Altman, citing a lack of transparency in his communications with the board.
According to the statement published on the OpenAI blog, the board conducted a careful and reflective review process, concluding that Altman was not consistently truthful in his statements, hindering the board’s ability to fulfill its responsibilities.

“Mr. Altman’s departure follows a deliberative review process by the board, which concluded that he was not consistently candid in his communications with the board, hindering its ability to exercise its responsibilities. The board no longer

The deployment of the 24,000 chips should be completed by February 2024.

Voltage Park, a nonprofit organization founded by billionaire Jed McCaleb, has acquired approximately 24,000 Nvidia H100 chips for approximately $500 million. According to The Business Time, the organization plans to lease AI computing power at a low cost to address the shortage of these chips.
Eric Park, CEO of Voltage, stated:

“The current ecosystem for machine learning is fundamentally flawed.”
Therefore, the organization aims to install the new chips in its facilities in Texas, Virginia, and Washington. The deployment of the 24,000 chips should be completed by February 2024 to meet the growing demand for AI chips following the successful launch of OpenAI’s ChatGPT, which has revolutionized the field of AI.

The Bank of England has halted its 14 consecutive interest rate hikes, keeping rates at 5.25% due to moderating inflation. Despite this, the economy remains precarious.

The Bank of England has decided to end a streak of 14 consecutive interest rate hikes, keeping them at 5.25%, following data showing a moderation in inflation. According to CNBC, the Monetary Policy Committee voted 5-4 in favor of not raising rates at its September meeting, while 4 members indicated they would have preferred a 0.25-point increase to 5.5%.
The Bank of England’s decision comes one day after the US Federal Reserve announced it would not raise interest rates, despite not achieving the desired inflation percentage.

England Has Been Increasing Interest Rates since Late 2021
England has been one of the

Financial giant Franklin Templeton has applied to the SEC for approval to launch a Bitcoin exchange-traded fund (ETF) named the Franklin Bitcoin ETF, with Coinbase as the custodian and trading on the Cboe BZX Exchange.

Asset manager Franklin Templeton, a financial giant managing over $1.4 trillion on behalf of its clients, has submitted an application to the US Securities and Exchange Commission (SEC) to launch a Bitcoin exchange-traded fund (ETF).
According to the filed application, the ETF would be named the Franklin Bitcoin ETF, with custody entrusted to Coinbase Custody Trust Company. If approved, the ETF would trade on the Cboe BZX Exchange and use the Bitcoin price reference index from CME to determine its value.

As of now, the SEC has yet to approve any Bitcoin spot ETF and

The Tokyo Game Show 2023 will feature Oasys and double jump.tokyo, highlighting the latest trends in blockchain gaming.

The Tokyo Game Show 2023, renowned as one of Japan’s largest gaming expos, is set to host a significant exhibition on blockchain gaming. Oasys, a blockchain-based game development platform, and double jump.tokyo will be the main attraction, showcasing the latest trends in the blockchain gaming industry.
According to the Tokyo Game Show announcement, the event will take place from September 21st to 24th at the Makuhari Messe Convention Center, bringing together video game companies and players from around the world.

This time around, an entertainment area and a cosplay zone will be available to enhance the visitors’ experience and make the event even more successful

D3 Global, an emerging domain name company, closed a $5 million seed funding round led by Shima Capital. D3 aims to transform domain names into the foundational layer of the internet and bridge Web2 and Web3 with secure digital identities.

On September 5th, the emerging domain name company D3 Global announced the successful closure of a $5 million seed funding round. This round was led by Shima Capital, along with several other financing companies and funds such as Maelstrom by Arthur Hayes, Lightshift, Dispersion Capital, VentureSouq, Infinite Capital, among many others.
D3, aims to transform domain names, a real-world asset, into the foundational layer of the internet known as the Domain Name System (DNS).

Key Partnerships to Drive Digital Identities
To achieve its goals, D3 plans

Bybit introduces TradeGPT, an AI tool merging ChatGPT’s language model with real-time data for market insights and user assistance. It is free for all users.

Cryptocurrency exchange Bybit has announced the launch of “TradeGPT”, a new AI-powered trading tool. This new assistant combines the power of ChatGPT’s language model with sophisticated real-time data from the Bybit platform.
According to Bybit’s statement, TradeGPT will make it easier for users to access updated market analyses and obtain clear answers to their questions in multiple languages.

TradeGPT- Bybit’s New AI Tool
As reported by Coinspeaker, Bybit introduced ToolsGPT on June 15 via a Twitter post, explaining that the new tool would utilize ChatGPT’s language model combined with Bybit’s market data to generate

[unable to retrieve full-text content]CoinspeakerBinance Removes P2P Support for Banco de Venezuela
Binance discontinues support for Venezuela’s Banco de Venezuela to avoid sanctions violations, following similar actions with Russian banks.
Binance Removes P2P Support for Banco de Venezuela

[unable to retrieve full-text content]CoinspeakerBinance Denies that Chinese Users Traded $90 Billion Despite China’s Ban
Binance explained that they even have refused to conduct business in the Asian due to China’s cryptocurrency ban.
Binance Denies that Chinese Users Traded $90 Billion Despite China’s Ban

[unable to retrieve full-text content]CoinspeakerUber Shares Plummet over 5% Following Q2 2023 Operating Earnings Report
Uber reported record profits and milestones in the second quarter of 2023, with significant improvements in earnings per share, operating income, and EBITDA, as well as a substantial increase in trips and food delivery orders.
Uber Shares Plummet over 5% Following Q2 2023 Operating Earnings Report

[unable to retrieve full-text content]CoinspeakerElon Musk’s New Twitter Logo Unleashes XRP Community’s Euphoria
Elon Musk announces changing Twitter’s logo to an ‘X’, sparking excitement and support from the XRP community.
Elon Musk’s New Twitter Logo Unleashes XRP Community’s Euphoria

[unable to retrieve full-text content]CoinspeakerFlare Network and Ankr Partner to Boost Developer Productivity with High-Performance RPC Infrastructure
Flare Network will work with Ankr to provide high-performance RPC infrastructure for developers.
Flare Network and Ankr Partner to Boost Developer Productivity with High-Performance RPC Infrastructure

Ledger launched an institutional-grade trading network to meet the risk management and regulatory requirements of institutions.

On June 28th, crypto custody company Ledger announced the launch of “Ledger Enterprise TRADELINK”, a custodial trading network for institutions aiming to revolutionize this segment.
According to Ledger, the crypto wallet company has signed contracts with several partners to carry out its new project, which eliminates unnecessary complexities in the crypto market that are under scrutiny by regulators. Among the cryptocurrency companies and partners that have signed with Ledger are Bitstamp, Bitazza, CEX.IO, Coinsquare, Crypto.com, Damex, Flowdesk, Huobi, Uphold, NDAX, Wintermute, and YouHodler.

Ledger Significantly Improves the Security and Speed of

Gemini highlighted their plans to diversify their customer base and reduce the dependence on the US market.

Gemini, the US-based exchange of the Winklevoss Twins, has announced its plans to establish a center in Singapore as part of its future expansion into the Asian market.
According to Gemini’s statement, the company intends to hire over 100 employees in the next 12 months to capitalize on the growth potential of cryptocurrencies in the APAC (Asia-Pacific) market.

Gemini Expanding to Singapore
While Gemini has previously stated that it has no plans to abandon the US market, they have indicated, like other exchanges under attack by the SEC, their intentions to expand into other crypto-friendly countries due to regulatory uncertainty in the US.
As a result, Gemini is committed to

Auros, known for providing ample liquidity to exchanges and cryptocurrency projects through algorithmic trading and market-making, stated that they will provide the necessary liquidity to help achieve Horizen’s goals.

On June 13th, Horizen, a leading layer 0 public blockchain, announced its strategic partnership with Auros, a global algorithmic trading and market-making firm, to boost the adoption of $ZEN while preparing for the launch of the EON ecosystem.
According to Horizon’s statement, the union of both companies will accelerate the growth of EON, Horizen’s new EVM-compatible smart contracting platform. This will increase opportunities for traders, DeFi users, and developers by enhancing the liquidity of the $ZEN token, which can be used on both centralized and decentralized

On Tuesday, June 13, the markets reacted positively to the publication of inflation data.

The inflation rate in the United States increased by 0.1% in May. This inflation figure represents a 4% increase over the past 12 months, which meets the economic expectations of the Fed. But will it be enough for the Federal Reserve to slow down its aggressive monetary policy?
According to the Consumer Price Index Summary report for May, published by the US Bureau of Labor Statistics, inflation in the US reached its lowest annual level in the past two years.

However, excluding the volatile prices of food and energy, underlying inflation remains high. This could hinder the Fed’s decision to reduce interest rates.
Will the Fed Change Its Aggressive Monetary Policy amid US Inflation Rate