18th June — 25th June
â–« The SEC has notified Consensys that it will not face charges.
â–« Standard Chartered plans to launch a spot trading desk for Bitcoin and Ether, according to Bloomberg.
â–« The CFTC is investigating Jump Crypto, once a major player in the sector.
â–« Kraken disclosed and patched a vulnerability that could inflate balances.
â–« CertiK withdrew approximately $3 million over five days before reporting, but the funds have been returned.
â–« Binance has frozen $5 million in funds stolen from BtcTurk after a reported $54 million hack of the Turkish exchange.
â–« CoinStats advises users to move funds from wallets created on the platform following a security breach.
â–« Mt. Gox will start distributing $9 billion worth of Bitcoin and Bitcoin Cash repayments from early July.
▫ Hong Kong’s parliament has established a subcommittee for crypto legislation.
▫ A Nomura survey shows that over half of Japan’s investment managers plan to invest in crypto.
â–« Tether is discontinuing support for EOS and Algorand, ending USDT minting on both blockchains.
▫ ZKsync has introduced an ‘elastic chain’ architecture as part of its 3.0 roadmap.
â–« An Arbitrum proposal suggests the DAO should activate delegate staking rewards for better governance security.
â–« Blast has announced the foundation for protocol governance ahead of its airdrop.
â–« The Enterprise Ethereum Alliance is conducting a survey on business usage of Ethereum.
▫ Cosmos DEX Osmosis’ DAO is voting on adopting a ‘fee-free’ Bitcoin bridge via Nomic.
â–« Pantera Capital is raising funds for a second investment in the TON token.
â–« Verida has raised $5 million to protect user data amid the rise in generative AI.
▫ Bitcoin DeFi application Alex Lab has attributed a $4 million exploit to North Korea’s Lazarus Group.
â–« Decentralized AI network Allora has raised $3 million ahead of its mainnet launch.
â–« Trump may be heading to Nashville to speak at Bitcoin 2024, according to Axios.
