🇺🇸 Gary Gensler says 'we don't need more digital currency' after Coinbase, Binance lawsuits — link
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🏦 SEC charges Coinbase for operating as an unregistered securities exchange, broker, and clearing agency. -Link
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🟠⚠️ Binance's Response to the SEC Lawsuit!
▫️ Instead of reaching a peaceful agreement, the SEC has declined this process and decided to unilaterally take legal action.
▫️ We, along with participants in the U.S. digital asset market, stand against the recent abuses by the SEC and are prepared to fight them to the fullest extent of the law.
▫️ Any claims that user assets on the Binance US platform have ever been at risk are simply incorrect.
▫️ All user assets on Binance and partner platforms are secure, and we will staunchly defend ourselves against any accusations.
▫️ The actions of the SEC undermine America's role as a global center for financial innovation and leadership.
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🇺🇸🟠 SEC sues Binance and CZ for reportedly breaking US securities rules.
Binance Holdings Ltd. and its Chief Executive Officer Changpeng Zhao, were accused of breaking US rules, according a federal court filing by the Securities and Exchange Commission.
👉🏻 BNB Dumped 6% 📉
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Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens
The crypto industry’s latest causality occurred over the weekend as nearly $35 million worth of various tokens were stolen from Atomic Wallet, a centralized storage and wallet service.
The firm previously said it was investigating and analyzing the attack. It had not released specifics of the attacks as of Monday morning.
🔗 Link
➡️ @CryptoMagazine
🏦 Gate threatens legal action against those who spread rumors about its bankruptcy.
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⚡️ Privacy-focused Aleo blockchain gets new wallet as mainnet launch approaches — link
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📣 Crypto Investors Lost $54M to Rugpulls, Scams in May: Blockchain Security Firm De.Fi -Link
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🇺🇸 U.S. Commodities Agency may change risk rules to consider crypto — link
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🟠 Binance has completed the integration of Tether (USDT) on the Arbitrum One and Optimism networks.
Deposits for Tether (USDT) are now open on both networks. Binance will open withdrawals for Tether (USDT) on the Arbitrum One and Optimism networks once there are sufficient deposits, and will not notify users in a further announcement. —link
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⏺ Floki has launched a strategic marketing partnership with Binance Pay.
The campaign will boost adoption for $FLOKI through a strategic marketing campaign with Binance Pay that rewards users who purchase at least $1 worth of goods from eligible Binance Marketplace merchants.
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📊 The Upcoming token unlock in June
◾️1inch $1INCH
◾️Sui $SUI
◾️Aptos $APT
◾️Blur $BLUR
◾️BitDAO $BIT
◾️ApeCoin $APE
◾️Ronin $RON
◾️Optimism $OP
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🚗 Mercedes Benz releases an NFT collection in collaboration with Fingerprints DAO.
Mercedes-Benz NXT, the Web3 arm of Mercedes Benz, is collaborating with Fingerprints DAO and artist Harm van den Dorpel to release “Maschine” - a generative art NFT collection inspired by automotive concepts. The collection features 1,000 unique Ethereum-based tokens. The sale opens as a Dutch auction on June 7.
📍 Read more
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🏦 Effective from May 31, 2023, 8: 00 UTC, Bybit will no longer be accepting account opening applications by any identified Canadian residents and existing Canadian nationals. —link
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📣 Citi alum Matt Zhang’s Hivemind launches $300 million crypto fund — link | archive
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🔵 MakerDAO transferred $500 million to Coinbase Custody for 2.6% APY in line with proposal.
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🪙 Tether invests in startup that's building a bitcoin mine in El Salvador -Link
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🇲🇪Do Kwon's $428K bail request in fake passport case approved by Montenegro court — link
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👇👇Net Bitcoin ATMs See Surge in Usage After 4 Months of Global 🗺Slump
https://theblockopedia.com/net-bitcoin-atms-see-surge-in-usage-after-4-months-of-global-slump/?utm_source=telegram+&utm_medium=AdamCWN&utm_campaign=traffic+
⚠️ Reports of Atomic Wallet being compromised.
A non-custodial wallet Atomic Wallet has been compromised today. The team behind Atomic Wallet is investigating some cases of wallet breaches. According to the wallet’s website it had over 5 million downloads.
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Crypto exchanges post $307 billion in volume for May, lowest since Nov. 2020. -Link
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🪙 Uniswap Community Chaos In Voting For LPs Fee Plan With 45% Against -Link
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🪙 Elon Musk Faces New Lawsuit Alleging Dogecoin Manipulation -Link
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🇭🇰 Hong Kong opens crypto exchange licensing ahead of retail trading — link
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🔵🔵 Circle (USDC) announces the launch of its $USDC stablecoin on Arbitrum network.
Circle to launch an official version of $USDC that is recognized within the Arbitrum ecosystem. The stablecoin will go live on June 8th, and will ultimately replace the currently circulating bridged version of USDC that comes from Ethereum. Moreover, Circle expects to bring a Cross-Chain Transfer Protocol to Arbitrum after the launch of native USDC.
📍 Read more
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🟠 Binance lays off non-performers amid shrinking market share — link
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🔔 Bitcoin transaction fee revenue skyrocketed in May
◾️The amount of transaction fee revenue collected by Bitcoin miners soared in May, hitting its highest level in over two years. — link
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