binance
* Trial against Binance in Nigeria postponed to June 20 due to executive's illness. * Binance compliance head Tigran Gambaryan collapsed in court during trial for tax evasion and money laundering. * Gambaryan denied bail, faces charges of tax evasion and money laundering in Nigeria. * Court adjourned proceedings to June 20
approval
* SEC approval of Ether ETFs implies Ether is not a security. * Approval suggests other tokens may also be considered commodities. * Debate over Ether's security status may end with S-1 approval. * SEC may still pursue actors involved in staking Ether. * SEC did not confirm Ether's non-security status
bankmanfried
* FTX paid $25M+ to 6 whistleblowers for issues found. * One whistleblower was an FTX.US executive. * Whistleblowers alleged misleading regulators and investors. * FTX Group lacked a complete employee list during bankruptcy. * Former FTX employees resigned informally before collapse. * FTX founder found guilty of defrauding customers, sentenced to 25 years in
bitcoin
* U.S. spot bitcoin ETFs saw $948.3M in net inflows last week, fully recovering from previous outflows. * Fidelity's FBTC led with $344.5M in net inflows, followed by ARKB and IBIT. * Total net inflows since January surpassed $12.5B, but slowed from March peak. * Bitcoin price rose
ai
* NEAR Protocol launches NEAR AI lab led by Illia Polosukhin for decentralized AI research. * NEAR Foundation invests in AI projects to position itself in the evolving AI landscape. * Challenges in global open AI development highlighted by legal dispute between Musk and Open AI. * NEAR aims to democratize AI with decentralized
ethereum
* Lyra protocol predicts 20% chance of ETH hitting $5,000 by June, fueled by ETF optimism. * Traders favoring ETH call options above $5,000 strikes, indicating bullish sentiment. * Deribit CEO notes increasing demand for ETH call options, signaling positive market outlook. * $2.7 billion in Bitcoin and Ether options set
bitcoin
* Hong Kong's spot bitcoin ETFs had a net outflow of 25.63 BTC on Thursday. * China Asset Management's product contributed to the outflow. * U.S. spot bitcoin ETFs saw inflows for the ninth consecutive day. * SEC approved 8 spot Ethereum ETFs amid changing political dynamics. * Bitcoin
bitcoin
* Bitcoin and ether prices fell despite U.S. approval of ether ETFs. * Ether dropped 4% post-approval, following a 20% rise in the past week. * Speculators sold off on positive news, anticipating institutional investment. * SEC approved regulatory filings for eight ether ETFs, not yet cleared for trading. * If approved, ETFs could
buterin
* Ethereum founder Vitalik Buterin supports privacy tools after Tornado Cash developer sentenced for money laundering. * Dutch court finds Alexey Pertsev guilty of laundering $1.2 billion using Tornado Cash. * Regulatory scrutiny on crypto mixers like Tornado Cash due to use by criminal groups. * Department of the Treasury bans Americans from
allegations
* Eclipse appoints Vijay Chetty as new CEO, replacing Neel Somani. * Chetty brings extensive crypto experience from Uniswap Labs, dYdX Trading, and Ripple Labs. * Somani denies sexual harassment allegations but plans to reduce role as founder. * Hack VC reveals investors urged Somani to resign, leading to his departure. * Somani's
blast
Fantasy Top, a fantasy football-esque Ethereum NFT game, has gained significant attention since its launch on the Blast network. The game allows players to create lineups of Twitter influencers and earn rewards based on their social engagement. In just one week, Fantasy Top has become the fifth most profitable crypto
consensys
ConsenSys, an Ethereum developer, has filed a preemptive lawsuit against the U.S. Securities and Exchange Commission (SEC) in an attempt to determine the regulatory status of Ethereum. The lawsuit asks a federal court in Texas to block the SEC from investigating ConsenSys or declaring Ethereum a security. This move