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US antitrust chief to scrutinize AI sector for monopoly risks

U.S. antitrust enforcer Jonathan Kanter said regulators must urgently examine the AI sector to prevent potential monopolies.

Nigeria defends Binance exec prosecution amid US lawmakers’ criticism

The minister assured that Binance had received appropriate consular access from the U.S. and all due care, following standard diplomatic protocols and the rule of law.

Bitcoin ETFs notch nearly $500M inflows despite nobody searching for it

U.S. Bitcoin ETFs saw inflows of over $488 million, but Google Trends data shows Bitcoin and crypto-related searches are far down from 2021 highs.

Beware of fake work-from-home jobs, it’s a ploy to steal your crypto

The FBI is warning job seekers not to fall for the too-good-to-be-true “work-from-home” job scams.

Bitcoin open interest goes meteoric; traders now warn of a ‘whipsaw’

Bitcoin’s OI jumped $2.02 billion over three days, sparking concerns among traders about a potential “whipsaw” event.

US appeals court says SEC exceeded authority with fund rule

The Fifth Circuit found that the regulator overstepped its authority in its new rules affecting hedge funds. Could this ruling be a good sign for crypto?

Most celeb tokens are down 66%+ since Jenner’s bizarre crypto debut

The Iggy Azalea-launched “MOTHER” is the only token launched by celebrities last week still hitting new all-time highs. It has now amassed a market cap of $130 million.

McDonald’s metaverse debuts in Singapore

McDonald’s Singapore launches the ‘My Happy Place’ metaverse, letting locals build virtual burgers, play multiplayer games, and earn rewards.

Top promoter in Forcount ‘Ponzi’ pleads guilty to wire fraud conspiracy

Part of the plea deal involved Juan Tacuri forfeiting nearly $4 million and real estate which were purchased with victim funds.

ETH ecosystem users 9X since 2020 as VanEck tips $22K by 2030

The number of daily active users in Ethereum and top layer 2s has rocketed in recent years, and VanEck analysts say this growth will continue.

100% Bitcoin long-term hodlers are now in profit as BTC crosses $71K

Long-term Bitcoin holders are now all in the green, thanks to BTC’s recent climb above November 2021’s all-time high.

Riot Platforms bounces after damning report claiming collapse

Riot shares recovered from more than a 9% dip in the first hour of trading following a damning report from short seller Kerrisdale Capital.

Public blockchains too ‘fragile’ for tokenization: Professor tells Congress

Allen argued that public blockchains “can’t process large volumes of transactions” — though on-chain data suggests otherwise.

'Stand with Crypto' PAC hits 1 million advocates

The Stand With Crypto political action committee claims that nearly nine in 10 Americans believe the financial system needs an overhaul.

Zone launches PoS gateway with instant settlements

Zone’s layer-1 blockchain is purportedly Africa’s first decentralized, cross border, currency-agnostic payments solution.

Paxos International to issue regulated interest-paying stablecoin

The international arm of New York-based Paxos will issue a U.S. dollar-pegged stablecoin that will not be available in the United States.

3 reasons why Bitcoin failed to break above $72K

Regulatory uncertainty and volatile macroeconomic events may weaken further upside in the BTC price in the near term.

General election could delay crypto regulation by months — CryptoUK

Whether the U.K. Conservative Party maintains control of government or Labour is voted in, the House of Commons will be in recess until July 4 and during party conference season.

Galaxy tokenizes violin to secure loan, NFT sales volume tumbles: Nifty Newsletter

NFTs recorded a 54% drop in sales volume, from over $1 billion in April to $624 million in May.

Rushing OP_CAT on Bitcoin could come at an immense security cost

Operation Concatenate (OP_CAT) could be a game-changer for Bitcoin. But if its security risks are not diligently addressed, it could also undermine Bitcoin.

Turkey denies plans to tax crypto, stock gains

Turkey has dismissed levies on profits from stocks and cryptocurrencies but is exploring a transaction tax as part of efforts to regulate the tax on financial transactions.

Coinbase rolls out smart wallet with no gas fees and easy onboarding

Coinbase customers can look forward to a cheaper, easier experience when they buy, sell or trade crypto.

Franklin Templeton CEO says Bitcoin investment still in early phase

CEO Jenny Johnson believes institutions will deploy a second wave into Bitcoin funds and attract the truly big players.

Blockchain-powered audits with community in mind: Hats Finance joins Cointelegraph Accelerator

Hats Finance, a community-focused audit platform that enables permissionless on-chain competitions and bug bounties has joined the Cointelegraph Accelerator program.

Centralized crypto exchange trading volume falls to $5.2T in May

Trading volumes on CEXs have somewhat subsided after topping $9 trillion in March.

Price analysis 6/5: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX

Bitcoin remains stuck inside a range, but solid inflows into spot ETFs suggest investors anticipate an upside breakout.

Largest Bitcoin mining firm sold 63% of mined BTC in May

Marathon Digital sold a large chunk of its Bitcoin production in May as miners adjusted operations after the halving event.

Spot Ether ETF approvals will ‘take some time’ — Gary Gensler

The SEC Chair spoke on CNBC on June 5, suggesting the commission could delay approving S-1 registration statements for exchanges listing spot Ether ETFs.

Become a Bali crypto digital nomad like me: Here’s how

Since the start of the year, I’ve been living in a cheap island paradise as a Bali crypto digital nomad. Here’s how you can too.

63 US banks on the brink of insolvency: Why Bitcoin's next target is $100K

Bitcoin price may be closer to the big milestone $100,000 mark than many realize as a looming banking crisis could see BTC become the new "safe haven asset."

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