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SushiSwap merges DAO with ‘Labs’ model, introduces multitoken ecosystem

SushiSwap is now managed by Sushi Labs, an autonomous company that will operate under a council structure similar to Synthetix.

Overlai provides AI-resistant property rights solution for creators

The mobile app and plug-in will use invisible watermarks and leverage the Aptos blockchain to ensure digital property rights regardless of where content is hosted.

‘Not a classic VC’: Tether plans to invest up to $1B in one year

Tether’s VC arm has already spent about $2 billion on tech like AI and alternative financial infrastructure over the past two years.

Polygon launches $720M Community Treasury for blockchain grants

Polygon introduces a $720 million Community Treasury to fund blockchain projects, targeting developers within the Polygon and Ethereum ecosystems.

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.

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