Whale Alert, a popular Twitter account that tracks large cryptocurrency transactions, has reported the transfer of 23,080 ETH, worth approximately $44 million, from an unknown wallet to the Binance exchange. The transaction was recorded on the Ethereum blockchain and can be viewed on Whale Alert's website.

According to data from the official website of Ethereum, the total number of verifiers on the Ethereum Beacon Chain has exceeded 590,000, with an APR of 4.89%.

On May 28th, according to Lookonchain's monitoring, a certain dormant whale transferred 8000 ETH (about $14.7 million) to a new address 14 hours ago. The whale was a participant in the Ethereum ICO and received 8000 ETH during the Ethereum genesis period.

The Hong Kong Securities and Futures Commission will announce the consultation conclusions on retail participation in cryptocurrency trading at its briefing on Tuesday. Hong Kong is expected to announce that retail investors can trade cryptocurrencies under new rules for the digital asset industry, with individual investors expected to trade more tokens such as BTC and ETH from June with appropriate safeguards in place.

Check the most secured trending meme tokens from last week. Are you holding one of these?

The total market capitalization of cryptocurrencies has been under pressure due to a bearish market structure for the past six weeks, with the descending wedge formation indicating that an eventual break to the upside would require extra effort from the bulls. The impending U.S. debt ceiling standoff is also a concern, even though most investors believe that the Biden administration will strike a deal before the effective default of its debt. Stablecoins such as USDC and DAI, which have short-term bonds and collateralized loans, are seen as a safe haven.

The DeFi ecosystem is expanding and Ethereum is undergoing a significant transformation through the integration of Layer 2 solutions. These solutions aim to enhance scalability, reduce transaction costs, and empower brokers and users. DeFi brokers can offer their users a more cost-efficient and accessible trading experience by using Layer 2 solutions, which include state channels, sidechains, plasma, and rollups.

ToptenCryptoIndexFund's monthly update on the top ten cryptocurrencies experiment in 2023 (where $100 is invested and held for nearly six years in each of the top ten cryptocurrencies, including BTC, ETH, BNB, XRP, BUSD, DOGE, ADA, MATIC, DOT and LTC).

BitKeep, one of the leading Web3 multichain wallets, has announced the integration of zkSync Era into BitKeep Swap. BitKeep Swap fully supports single-chain and cross-chain swaps on zkSync Era, a ZK-based public blockchain. It also features candlestick charts for ease of viewing. BitKeep has said that it will continue upgrading its cross-chain services, increasing the number of cross-chain trading pairs, and introducing features to allow users to easily conduct on-chain transactions without needing any ETH.