Crypto
Mining
Core Scientific to increase CoreWeave infrastructure access to 270 MW
CoreWeave will gain access to 70 MW alongside an earlier 200 MW agreeement.
ETF
VanEck’s zero fees are part of plan to become the ‘go-to provider for crypto ETFs’
VanEck believes the zero fees will help establish a strong market presence and lower the barrier of entry for new investors.
Regulation
Louisiana signs bill to ban CBDCs, protect right to self-custody and mine crypto
The same issues are at play in several other US states.
Politics
Biden administration brings back past crypto adviser Carole House
House supports crypto enforcement but wants the US to work with the technology.
Regulation
Coinbase could face regulatory challenges over alleged ‘tailored accounting metrics’ under new FASB rules
Accounting experts believe the changes Coinbase made to its accounting reports could potentially be in violation of GAAP.
Crypto
BlackRock, other issuers update S-1 filing for spot Ethereum ETFs, raising expectations for July launch
BlackRock and Fidelity did not disclose sponsor fees for their funds, while Franklin Templeton and VanEck announced a 0.19% and 0.20% sponsor fee, respectively.
Legal
Consensys to continue lawsuit against SEC as ‘battle far from over’
The firm said the SEC has yet to provide regulatory clarity regarding Ethereum despite ending its investigation into Ethereum 2.0.
Adoption
Pantera believes Solana will dominate blockchain sector, compares its rise to Apple’s breakthrough with macOS
Pantera believes the blockchain sector will converge around a few key networks and Solana's integrated approach is poised to capture a significant share of this consolidation.
Legal
Judge signals likely continuation of SEC lawsuit against Kraken
The judge presiding over the case has not made a final decision on the matter but hinted that he is likely to side with the SEC.
Adoption
German government moves $195 million worth of Bitcoin to exchanges
The government may intend to sell funds following certain exchange transfers.
CBDCs
Iran to pilot CDBC in Kish Island starting July
The digital rial will bypass paper bills, card transactions, and interbank settlement.
AI
OpenAI co-founder Ilya Sutskever launches AI firm focused on safety above all
The firm aims to take a "straight shot" at developing a "safe superintelligence."