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EU elections 2024: Pro-crypto parties pick up seats amid Green losses

The European elections have caused a stir, but several pro-crypto or crypto-supportive parties have gained seats.

Crypto the ‘hardest thing’ in software history — Consensys CEO

Consensys CEO Joseph Lubin told Cointelegraph that crypto might be the “hardest thing” in software history in terms of potential threats, vulnerabilities and complexity.

Bitcoin price hits new June lows while open interest stays above $35B

Bitcoin wobbles further into key U.S. macro events as surging open interest concerns longtime market participants.

MultiversX boosts layer-2 transaction speed with Sovereign Chains

Existing L2 networks can increase their transaction and smart contract throughput by 100 times by utilizing Sovereign Chains.

Crypto.com gains approval from Ireland’s central bank

The Central Bank of Ireland has approved 15 different VASPs from June 7, 2024, including Crypto.com, Coinbase, Gemini, Ripple and others.

How Web3 is transforming global regulatory frameworks

At the 2024 Proof of Talk event in Paris, France Jenny Johnson CEO of Franklin Templeton and Mo Shaikh the founder of Aptos explained the protocol economy’s impact on regulators.

PancakeSwap integrates Zyfi for gas-free DeFi trading

The simplified trading experience could help PancakeSwap attract a larger market share from centralized exchanges.

FTC issues urgent warning over rising crypto romance scams

The FTC asked users to report scammers to the government and warn their loved ones about the scam.

Indiana vows outage-free energy for crypto miners, data centers

Indiana plans to become a hub for the data center and crypto mining industries by promising uninterrupted, low-cost energy.

Biconomy introduces AI agents for on-chain transactions

Biconomy’s Delegated Authorization Network (DAN) will serve as an authorization layer for autonomous on-chain transactions.

BTC price risks $60K dive as Bitcoin bid liquidity thins on new 3% dip

Bitcoin is making analysts nervous as $69,000 support fails to hold yet again — but a BTC price turnaround is still on the radar.

EU Innovation Hub criticizes privacy coins and crypto mixers in new report

In its inaugural report on encryption, the EU Innovation Hub for Internal Security examined how privacy coins and mixing protocols complicate regulatory efforts.

Australia cracks down on online gambling with crypto, credit card ban

The government warned betting companies that failing to comply with the new rules could result in a fine of up to 234,750 Australian dollars ($155,000).

Ethereum’s next upgrade: Prague-Electra (Pectra), explained

Ethereum is gearing up for its next major upgrade in the first quarter of 2025, codenamed “Pectra,” which will combine the Prague and Electra upgrades.

ZkSync says 695K wallets eligible for next week’s ZK token airdrop

The Ethereum scaling blockchain set aside two-thirds of its 21 billion ZK token supply to give to its community, with select users the first to get a share.

Bitcoin dips as ETFs break 19-day green streak, rumble over US inflation

Traders are seemingly going risk-off ahead of a U.S. CPI print and a Fed monetary policy meeting, with Bitcoin falling to a weekly low.

Metaplanet rallies 10% as it scoops Bitcoin for third time in 2 months

The firm’s third Bitcoin purchase since April 23 brings its total holdings to 141.07 Bitcoin, worth over $9.6 million.

Australia’s peak crypto lobby group drops ‘blockchain’ from name

Blockchain Australia is now the Digital Economic Council of Australia (DECA) with a membership category for banks, most of which have blocked crypto exchanges.

Australian MP says the country needs blockchain ‘more than ever’

Australian Parliament Member Andrew Charlton said blockchain technology could add $60 billion to the economy and reverse stagnating productivity growth.

Elon Musk to ban Apple devices if OpenAI is integrated in OS

Musk called it an “unacceptable security violation” and even said the Apple block could extend to visitors to his company’s headquarters.

SEC considers spot Ether ETF application from ProShares

The commission approved 19b-4 filings from eight asset managers in May, but they won’t begin trading on U.S. exchanges until the SEC signs off on the S-1 registration statements.

DeFi Technologies adopts Bitcoin treasury strategy

The publicly listed Canadian company announced the purchase of 110 BTC and repayment of $5 million in debt by its subsidiary, Valour.

Optimism reaches ‘Stage 1’ decentralization, implementing fault proofs

The team has implemented fault proofs on Optimism mainnet, and users can now independently initiate withdrawals “without involvement from any trusted third parties.”

Bitcoin’s short-term holder realized price hits $64,000, confirming BTC rally

This group mainly consisted of those who purchased BTC before and after the approval of the U.S. spot Bitcoin ETF in January.

Lykke crypto exchange acknowledges hack after halting withdrawals

The Lykke team acknowledged that they halted withdrawals after an attack drained $22 million in crypto from its wallets on June 4.

Trump promises to become the ‘crypto president’ — Law Decoded

The former United States president is intensifying his cryptocurrency advocacy as part of his 2024 presidential campaign.

Libertarian VP nominee: No new regulatory structure needed for crypto

Mike ter Maat spoke with Cointelegraph on the role digital assets might play in the 2024 U.S. presidential elections, the Fed looking into CBDCs, and Donald Trump’s conviction.

Bitfarms adopts shareholder rights plan as Riot attempts takeover

The plan, which passed after Bitfarms’ shareholder meeting, will complicate Riot’s effort but not necessarily stop it from succeeding.

Is $4,000 Ethereum a distant dream? Futures premium plunge to 3-week low

Lack of enthusiasm toward cryptocurrencies comes from regulatory uncertainty, but there’s also some concern on the macroeconomic side

Travel booking site Travala gets Telegram Open Network integration

Telegram Open Network users can now use their tokens to book hotel reservations, airline tickets, tours and excursions in over 230 countries.

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