Top Crypto News: 06/04

Today, Bitcoin unhanded all its weekly gains. During the morning Asian hours, Bitcoin was trading over $39k, but at the time of press, it is trading in the $37k range once again. While we are still trying to ascertain whether it’s the Musk effect or the Sunday effect, most of the altcoins went down with Bitcoin and witnessed some price drops in the last 24 hours. Interestingly, some of the coins, like Kusama, Solana, and Theta, went against the wave and made double-digit gains.

Let’s find out some interesting crypto news for today.

1 – Secret Network Announces BSC Bridge Launch Date

After the successful launch of the Secret BSC Bridge testnet on May 14, Secret Network is now ready to launch the mainnet on June 15. This bridge will enable assets on BSC to flow between BSC and Secret Network. Moreover, these assets will also become usable in Secret DeFi apps like SecretSwap.

2 – RenVM Integrates Avalanche – Another Bridge to Bypass Ethereum

Avalanche x RenVM bridge support will enable the minting and burning of BTC, BCH, DGB, DOGE, FIL, LUNA, and ZEC. By using this bridge, users can bypass Ethereum and deposit/withdraw assets directly from Avalanche by paying minimal gas fees.

Both platforms will benefit nicely from this new bridge support. RenVM will experience greater velocity flow through its ecosystem. Meanwhile, Avalanche will increase in utility.

3 – Big Day for NFTify! Lots of Updates

NFTify conducted its much-awaited double IDO today. The IDO on Paid Ignition went live with a per token price of $0.08. Along with that, the IDO went live on PolkaFoundry’s Red Kite Launchpad.

Now for the biggest news – the token NFTify N1 is now listed on leading DEX Uniswap! All in all, a busy day for NFTify.

4 – Xend Finance Academy Is Live

Xend Finance is providing users a free DeFi educational platform. The academy is an education arm of Xend Finance and plans to organize both online and physical educational events. Interestingly, the article and video contributors stand a chance to earn $100 in XEND. This endeavor showcases the goal of Xend Finance to bring DeFi opportunities to those regions around the world who have not been adequately served by financial institutions.

5 – Star Atlas Metaverse Has Now Expanded to Every Street and Screen of the World

The Star Atlas project is now all set to teleport a dancing alien all across the world into our homes and our streets. The campaign will use distributed AR technology and will enable anyone to teleport a dancing alien android. Interestingly, this can be done with the click of a button when you visit ustur.staratlas.com.

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