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Bybit restructures executive team following $26M airdrop fiasco

Bybit confirmed internal role changes for several executives following a botched airdrop that affected 320,000 users and led to a $26 million compensation payout.

Crypto Biz: Solana’s rise, BlackRock’s growing BTC exposure, and more

This week’s Crypto Biz explores Solana’s comeback, BlackRock funds’ growing exposure to Bitcoin, Riot Platforms’ bid for Bitfarms, Semler Scientific using BTC as a treasury reserve, and more.

Senator Lummis sends letter to Biden urging no veto for SAB 121 repeal

The Senator pointed to the troubling manner in which the Securities and Exchange Commission issued its controversial staff accounting bulletin.

Paraguay seizes 2,738 ASICs as power theft crackdown continues

Power-intensive crypto mining is controversial in Paraguay, where an attempt at crypto regulation was vetoed because of it.

Iggy Azalea’s anti-scam plan and crypto losses from hacks decline by 12%: Finance Redefined

In a bold move to combat crypto scams, Iggy Azalea pledges to burn her own coins.

Why is Bitcoin stagnated despite $2B in spot ETF inflows?

Reasons for BTC's weakness include Mt. Gox coin movements, regulatory actions, and the U.S. Senate's anti-crypto lobby.

Ether ETF approvals show staking may still be a security in SEC's eyes

The inclusion of staking in filings for Ether ETFs could have been an indication that regulators want to keep a back door open for future scrutiny.

Trump convicted: Is the pro-crypto presidential candidate at risk?

Donald J. Trump is officially a criminal after being convicted for concealing a sex scandal with pornstar Stormy Daniels. Does U.S. law permit a criminal to become President?

Bitcoin to be worth 100 oz of gold, says veteran trader Peter Brandt

Brandt claimed that BTC’s price would fluctuate over the next 12–18 months before finally surging 230% against gold.

Bitcoin could grow by strides by being more like Ethereum

Turning Bitcoin into a multi-purpose ecosystem could allow it to reach the same level of success as Ethereum — and make it several times more valuable.

3 reasons why Ethereum price remains strong against Bitcoin

Ether’s price strengthens in its ETH and BTC pair as investors await spot ETH ETF to start

Price analysis 5/31: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX

Bitcoin and Ether may spend more time inside a range before starting a trending move.

TradFi execs say crypto derivatives will play larger role in Bitcoin’s future

Experts say BTC and ETH derivatives will be instrumental in integrating crypto into TradFi and sending each to new all-time highs.

EOS Network approves new tokenomics, promises ‘new era’

EOS is shifting to a fixed supply of 2.1 billion tokens and introducing halving cycles amid ongoing community skepticism and past regulatory challenges.

Japanese exchange DMM loses $305M in Bitcoin via private key hack

The cryptocurrency exchange lost 4,502.9 BTC due to a hack of its private key; withdrawals have been temporarily suspended.

Make meth, napalm with ChatGPT, AI bubble, 50M deepfake calls: AI Eye

Meth recipes with ChatGPT ‘Godmode’, robot dogs with machine guns, AI will need 256% of global compute, is AI the new dotcom bubble? AI Eye

What is PayPal USD and how to buy PYUSD in the US?

Learn how PYUSD works, its benefits and how to buy, use and store this dollar-backed digital currency.

CertiK announces CertiK Ventures to boost blockchain development

CertiK Ventures aims to drive on-chain innovation by supporting security-first projects, fostering key partnerships, and making strategic investments.

EU watchdog urges banks to prioritize clients in AI usage

The EU's top financial regulator, ESMA, mandates that banks and investment firms ensure AI tools prioritize client interests, reinforcing accountability under MiFID.

How billions in outflows from Grayscale could impact Ethereum ETF launch

Outflows from the Grayscale Ethereum Trust (ETHE) could dampen the Spot Ethereum ETF approval party but create significant opportunities for traders.

Tether invests $150M in Jihan Wu’s crypto mining firm Bitdeer

Following the investment, Tether expects close collaboration with Bitdeer across several key infrastructure areas, CEO Paolo Ardoino said.

3 solid Bitcoin indicators predicting BTC price rise to $75K in June

A breakout from Bitcoin's symmetrical triangle pattern is imminent as long-term holders continue to accumulate.

NFT sales volume tumbles 54% in May: CryptoSlam

NFT sales dropped from $1 billion in April to $624 million in May, with Bitcoin, Ethereum, and Solana-based digital collectibles significantly declining.

Crypto market braces for $875M token unlocks in June

Nearly $875 million in crypto tokens from projects like Aptos, Arbitrum, Starknet and Sui will be unlocked in June as vesting periods end.

Vitalik Buterin is 'giantly important' to Ethereum’s future: Experts weigh in

Fellow co-founder Joseph Lubin and other industry experts highlight Vitalik Buterin’s role in Ethereum’s future, emphasizing his ongoing influence and contribution to the space.

$8.2B in Bitcoin and Ether options expire, here’s how it could impact the markets

The total OI notional value for all outstanding BTC options contracts is $19 billion.

Legal fees skyrocket in high-profile crypto bankruptcies

High-profile bankruptcy cases have become a lucrative goldmine for two major law firms involved in the legal proceedings: Sullivan and Cromwell and Kirkland and Ellis.

Bitcoin price monthly close above $69K would be 'epic' — New analysis

BTC price needs to work to flip its old 2021 all-time high to support as the Bitcoin monthly close approaches.

Crypto wallets, explained

Crypto wallets, which act like wheels for the digital asset ecosystem, are now incorporating tech innovations such as biometrics, DID, AI and smart contracts.

Hong Kong officially kicks out all unlicensed crypto exchanges

This regulatory crackdown underscores the SFC's commitment to fostering a secure and transparent environment for virtual asset trading.

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