Pro-Crypto Lee Wins South Korean Presidency
South Korea elects Lee Jae-myung as president, who plans to advance the crypto industry with ETFs and stablecoins, aiming for increased innovation and economic growth.
Source: theblock.co —
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Brian Quintenz Set for CFTC Senate Hearing
Brian Quintenz, nominated by Trump, will attend a Senate hearing on June 10 for his appointment as chair of the CFTC, amid significant agency changes.
Source: theblock.co —
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Kevin Hassett's $1M+ Coinbase Holdings Revealed
Kevin Hassett, a top advisor to Trump, revealed at least $1 million in Coinbase holdings, amid discussions on potential conflicts of interest.
Source: theblock.co —
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Truth Social Plans Bitcoin ETF Launch
Truth Social, managed by Trump Media, is planning to launch a Bitcoin ETF. The move marks another step in expanding its presence within the cryptocurrency space.
Source: theblock.co —
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SEC's Crypto Bill Briefing Criticized by Democrat Staff
Democratic staff criticize the SEC's handling of a crypto market structure bill briefing, accusing them of obfuscation, as the House readies a pivotal hearing.
Source: theblock.co —
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Pump.fun Plans $1B Token Sale on Solana
Pump.fun aims to raise $1 billion through a token sale at a valuation of $4 billion, enhancing Solana's memecoin ecosystem.
Source: theblock.co —
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Robinhood Acquires Bitstamp, $500M SOL Raise Planned
Robinhood has finalized its acquisition of Bitstamp for $200 million, while a Nasdaq-listed firm plans to raise $500 million to invest in SOL.
Source: theblock.co —
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MARA Hits Record in Bitcoin Mining, Holds 950 BTC
MARA mined 950 BTC in May, significantly boosting its Bitcoin reserves. The company continues to expand, aiming to increase its mining capacity.
Source: theblock.co —
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Trump Wallet and Trading App Teased on New Website
A new website reveals plans for an official Trump-branded crypto wallet, despite ongoing controversy surrounding his crypto activities.
Source: theblock.co —
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Avantis Secures $8M for Innovative Derivatives Exchange
Avantis raised $8M in a Series A round led by Founders Fund to expand their derivatives exchange, aiming to bring global markets online.
Source: theblock.co —
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June Set for Economic Shifts Amid Tariff Talks
June could see significant market changes due to potential tariff decisions and debates on a major budget bill backed by President Trump. Market sensitivities and a new bitcoin strategy by K33 add layers to the unfolding economic narrative.
Source: theblock.co —
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Community Engagement: The Key to Growth in Web3
In the evolving landscape of community building, engagement has emerged as the primary measure of success over follower metrics. Galxe's tools like Starboard offer data-driven solutions to identify and nurture authentic community members.
Source: theblock.co —
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Ripple's RLUSD Stablecoin Approved in Dubai
Ripple's stablecoin, RLUSD, has been approved for use in Dubai’s financial hub by the DFSA, enhancing cross-border settlements and expanding digital finance infrastructure.
Source: theblock.co —
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Ethereum Foundation Restructures R&D Division
Ethereum Foundation has restructured its Protocol R&D division to better align with strategic goals and manage leadership changes amid staff layoffs.
Source: theblock.co —
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Robinhood Acquires Bitstamp for $200M
Robinhood's acquisition of Bitstamp for $200 million aims to expand its crypto operations globally. This move integrates Bitstamp's experienced platform with Robinhood's broad retail reach.
Source: theblock.co —
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