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Cointelegraph
- US DOJ opposes bankrupt Bittrex’s plan to repay customers ahead of credited fines
Bittrex owes $29 million on penalties for sanctions violations and may still face penalties in a case brought by the SEC.
- Binance may have lied to US lawmakers, argue senators: Report
U.S. senators asked the Justice Department to investigate whether the crypto exchange made a false statement to Congress in a letter earlier this year.
- US Bitcoin supply fell over 10% in the past year — Glassnode
Bitcoin is increasingly active in Asia as U.S. supply share dwindles over the past two years.
- Subsocial chat program implements Ethereum usernames, Polygon donations
Despite running on a Polkadot parachain, Grill.chat lets users post using Ethereum wallets and send payments via Polygon.
- World Mobile eyes African rollout after decentralized wireless field tests
World Mobile announces the completion of DeWi technology field tests in Kenya, Mozambique and Nigeria, bringing a full African rollout one step closer.
Coin Desk
- SEC’s Gensler Rebuffs Crypto Complaints, Says Gave Ample Warning Heat Was Coming
U.S. Securities and Exchange Commissioner (SEC) Chair Gary Gensler argued there’s nothing special about the assets or exchanges in the crypto sector, and their backers can’t hide behind claims that their tokens provide utility.
- Ethereum Developers Cement Final Lineup of Changes in ‘Dencun’ Upgrade
Proto-danksharding is at the heart of the package, with other improvements for storage on-chain, as well as minor code changes related to the Ethereum Virtual Machine.
- Circle Rolls Out Support for USDC Stablecoin on Arbitrum
Several key applications will support Arbitrum-based USDC like Aave, Balancer, Camelot, Coinbase, Curve, GMX, Radiant, Trader Joe and Uniswap.
- ConsenSys Faces Shareholder Vote Over Controversial Transfer of Company Assets
The Ethereum developer is accused of squeezing former employees out of shares held in a previous incarnation of the company. The case, which could have wide-ranging consequences for ConsenSys, reaches its next stage today.
- When AI and Blockchain Merge, Expect the Mundane at First
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- Coinbase Shares Are 'Uninvestable' in the Near Term: Berenberg
The investment bank cut its price target on the stock to $39 from $55.
Bitcoin News
- Ethereum Staked on Coinbase Sees Massive Redemptions, Over 27,000 Tokens Redeemed on June 6
Recent statistics reveal that a significant amount of ethereum staked on Coinbase has been redeemed, with 27,280 tokens being redeemed on June 6. This development comes in the wake of the U.S. Securities and Exchange Commission (SEC) filing a lawsuit against Coinbase for not registering its staking-as-a-service program. Redemptions Soar on Coinbase Amidst SEC Lawsuit
- Biggest Movers: ADA, SOL Plunge to 3-Month Lows on Thursday
Cardano dropped to a three-month low on Thursday, as sentiment in cryptocurrency markets remained largely bearish. The move comes as traders continue to worry about what the recent Binance and Coinbase lawsuits could mean for the wider market. Solana also slipped to a multi-month low. Cardano (ADA) Cardano (ADA) plunged to a three-month low on
- Another Mysterious Signed Message Appears Associated With the 2009 Bitcoin Block 1,018
This week, the number of Ordinal inscriptions has exceeded 11 million, with one inscription in particular, numbered 11,035,214, standing out. The inscription bears a message that has been signed with the private key associated with block 1,018, and while the key is quite old, having been linked to the computer scientist Hal Finney, this isn’t
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Ethereum Foundation
- Ethereum Protocol Fellowship - Fourth Cohort Applications Are Open!
TL;DR: Applications for the fourth cohort of EPF are now opened! The EPF Team will hold a town hall on June 12 at 4:30PM UTC Submit your application here before June 16th Greetings, Ethereum community! We are excited to announce that the application period for the fourth cohort...
- Ethereum Protocol Fellowship: Third Cohort Recap
TL;DR: The EPF concluded its third cohort and is preparing for the fourth cohort. Applications will be open soon. Sign up here to get notified when they open. The Ethereum Protocol Fellowship recently completed its third successful cohort in February 2023. Its completion marked 4 months of immersive learning,...
- Secured #5: Public Vulnerability Disclosures Update
Today, we have disclosed the second set of vulnerabilities from the Ethereum Foundation Bug Bounty Program! 🥳 These vulnerabilities were previously discovered and reported directly to the Ethereum Foundation. When bugs are reported and validated, the Ethereum Foundation coordinates disclosures to affected teams and helps cross-check vulnerabilities across all...
- Scouting for the Future: Technology and the Scouting Movement
Hello everyone! My name is Mihajlo, and over the past six months as part of my Next Billion Fellowship, I’ve been working to bring the benefits of Web3 to the World Scouting Movement. Growing up in Serbia in the '90s, I experienced firsthand the devastating effects that wars and...
- Devconnect is back! See you this year in Istanbul.
Dear Ethereum community, builders, and researchers, At the first-ever Devconnect last year in Amsterdam in 2022, we came together for a week of in-depth workshops and discussions. Many that participated in the sessions and conversations told us they felt Devconnect had a significant impact on the ecosystem by driving...
- Mainnet Shapella Announcement
Withdrawals are coming! The Shapella network upgrade will activate on the Ethereum network at epoch 194048, scheduled for 22:27:35 UTC on Apr. 12, 2023 Stakers & node operators should read this post as well as the Withdrawals FAQ From now until April 5th, the Ethereum Bug Bounty rewards have been...
Ethereum World News
- Luna Foundation Acquires An Additional 37.8k Bitcoin Worth $1.5B, Bringing its Total Holdings to 80,394 BTC
Summary: The Luna Foundation Guard has bought an additional 37,863 Bitcoin worth $1.5 billion The purchase is in line with Do Kwon’s goal of backing UST with digital asset reserves worth $10 billion The Luna Foundation Guard now holds 80,394 BTC The Luna Foundation Guard has acquired an additional 37,863 Bitcoin worth $1.5 billion to further back its popular stablecoin of UST. The recent purchase of Bitcoin was carried out in two transactions: $1 billion with Genesis Trading and $500
- Bitmex’s Arthur Hayes Requests Leniency, No Jail Time for Violating the US Bank Secrecy Act
Quick take: Bitmex’s founder and former CEO, Arthur Hayes, has requested leniency from the judge handling his court case Mr. Hayes is requesting no jail time and permission to live abroad and travel freely His lawyers have also asked for probation with no home detention or community confinement Arthur Hayes had struck a plea deal that would result in a prison sentence of 6 to 12 months The founder of Bitmex and former CEO, Arthur Hayes, is requesting leniency from
- Lido Finance with $19.1B in TVL, Edges out Curve as the Largest DeFi Protocol
Summary: Lido Finance has surpassed Curve finance to become the largest DeFi protocol in terms of total value locked Approximately $19.1 billion is locked on Lido Finance compared to Curve’s $19 billion Lido Finance is available on the blockchain networks of Ethereum, Solana, Terra, Kusama, and Polygon. Earlier today, Lido Finance became the largest DeFi protocol in terms of total value locked, edging out Curve Finance from the top spot in the process. At the time of writing, the total
Coinbase
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