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Paradigm raises $850M for third crypto fund

Paradigm has been discussing its new crypto fund for the past few months as markets rebounded.

Curve founder repays 93% of $10M bad debt stemming from liquidation

The DeFi protocol's native token plunged by 28% in a single day due to liquidations stemming from a hack attempt.

President Biden announces picks for SEC, FDIC and Treasury leadership

CFTC Commissioner Christy Goldsmith Romero could replace Martin Gruenberg after allegations of a toxic workplace culture at the FDIC.

Traders: Bitcoin price needs “fresh all-time highs” to end pump-and-dump cycles

Bitcoin price requires high demand side liquidity to push the price out of a long-lasting consolidation.

Chinese court sentences gang for money laundering using digital yuan

The Chinese CBDC’s “controllable anonymity” seems to be very highly controlled.

P2P.org partners with OKX to provide institutional staking services

The staking services company and validator reported that it reached $7.5 billion in total value locked in April.

SEC may receive ‘only a fraction’ of Terraform’s settlement

The U.S. SEC still has to queue up behind secured creditors to receive a payment from Terraform Labs’ multibillion-dollar settlement, if any.

MultiversX and Cornell launch sponsored blockchain education program

Once students complete the course, they’ll be eligible for follow-on mentorship, support and funding.

Bitcoin whale accumulation reaches pre-2020 bull run levels — Is BTC set to break $70K?

Bitcoin’s short-term holder realized price rose to $63,729, suggesting a definitive breakout above the $70,000-level next.

Chinese President Xi Jinping praises blockchain exec in open letter

Andrew Chi-Chih Yao, the recipient of the letter, is the chief scientist of the Conflux network and a professor at the country’s prestigious Tsinghua University.

Circle announces Solana programmable wallets, gas station

Circle is adding support to the Solana blockchain, enabling integration across its Web3 features in two phases.

Chainlink’s CCIP protocol and Automation now live on Gnosis

Gnosis developers can now outsource their heavy computing to the oracle network while reducing gas fees by up to 90%, spokespeople said.

Price analysis 6/12: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX

Favorable CPI data have helped Bitcoin reclaim the crucial $69,000 level, signaling that a move to $72,000 is possible.

‘Bitcoin Layer 2’ sidechains aren’t really L2s: There is a better way

Money has pumped into 73 Bitcoin ‘Layer-2’ scaling solutions this year. But many are just insecure sidechains. There is a better way.

Stablecoin act gives Congress alternative to overriding Biden’s SAB 121 veto

President Joe Biden’s veto of the SAB 121 repeal was a blow for the crypto community. Can the U.S. Congress override the veto with broad bipartisan support?

BTC price shoots up $1.5K in seconds as US CPI shows inflation slowing

Bitcoin comes charging back after a single U.S. macro data print reverses days of BTC price declines.

Aethir launches decentralized cloud network on Ethereum mainnet

Aethir’s launch on the Ethereum mainnet brings attention to the role DePINs can play in the future of Web3 and a more decentralized future.

How blockchain is powering McLaren’s high-speed race data

The McLaren Artura GT4 will use blockchain technology for real-time data analysis during the testing day at Circuit de Spa-Francorchamps.

New open-source ZK-proof slashes SQL query times

Proof of SQL drastically reduces SQL query times from 30 minutes to sub-second speeds, promising significant efficiency gains for real-time data processing applications.

Citron no longer short on GME, cites ‘market’s irrationality’

The announcement comes shortly after GME stock rose above the $30 mark.

OKX investigates multimillion account thefts after SIM swap attacks

According to SlowMist, despite the two similar phishing incidents, OKX’s two-factor authentication mechanism was not the main vulnerability point.

Web3 and gaming: Unlocking real value for users

At the 2024 Proof of Talk event in Paris, France Mythical Games COO discussed the significance of gaming as a “hero use case" for tangible user value within the Web3 and blockchain domain.

3 reasons why Pepe poised for another 70% jump by July

PEPE’s rising wedge pattern, rising whale accumulation and increasing rate cut bets could boost the memecoin’s price in June.

DePINs are a proven path to crypto mass adoption — XYO co-founder

XYO co-founder Markus Levin argues that DePINs can make AI more trustworthy, empower users and businesses alike, and usher in blockchain mass adoption.

Zimbabwe consults crypto firms on virtual asset regulation needs

The Zimbabwean government hopes to create a regulatory structure tailored to country’s specific needs and conditions.

MetaMask enables pooled staking for Ethereum holders

MetaMask said that 99% of ETH holders do not have the required 32 ETH to participate in Ethereum staking.

Asymmetry, Ampleforth launch afUSD to rival Ethena’s synthetic dollar

Asymmetry Finance’s afUSD synthetic dollar is based on Ampleforth’s supply adjustment mechanism, which stabilizes prices through elastic supply.

Crypto hacks soar to $19B in 13 years: Crystal Intelligence

Nearly $19 billion worth of digital assets have been lost to exploits in the past 13 years, with $2.9 billion stolen during the largest single crypto theft during the 2019 Plus Token fraud.

‘Superintelligence within just a few years’ — SingularityNET CEO

Industry leaders say the delay in the ASI merger to July 15 will not halt progress toward decentralized superintelligence.

Crypto downturn nukes $190M leveraged positions as traders eye CPI data

The liquidation comes just a few days after the crypto market recorded a $400 million liquidation on Friday, June 7.

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