⚠️ 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.
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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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🪙 Decentralized exchange Pancake Swap launches first token powered game — link
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📣 The World Economic Forum released a white paper "pathways to the regulation of crypto-assets: a global approach". -Link
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🟠 Binance warns users on Twitter about a large number of fake CZ accounts.
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🪙 Tornado Cash hacker's proposal to return control to token holders was accepted. -Link
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🇨🇳 Beijing releases white paper for web3 innovation and development -Link
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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.
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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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🔔 Optimism, Sui set for large token unlocks this week, worth a combined $650 million.
◾️Optimism is seeing the largest unlock, with 387 million tokens (worth $590 million) set to be released on May 31st.
◾️Sui will see 61 million tokens (worth $62 million) unlocked on June 3rd.
— link
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⚠️ Crypto exchange BKEX Global suspends withdrawals amid money laundering probe!
Crypto exchange BKEX suspended withdrawals after funds on its platform were used for money laundering, according to a May 29 statement.
BKEX stated that its users’ funds were involved in money laundering, adding that it was cooperating with law enforcement agencies to gather evidence.
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🔐This week, 7 projects (OP, HBAR, ACA, 1INCH, NYM, SUI, GAL) will unlock tokens worth over $495 million.
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🔵 Ethereum burns 3.33 million ETH valued at $6.1 billion in 21 Months
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