Crypto
Adoption
Worldcoin surpasses 2M signups for its World ID program
The company also reported two new integrations and increased Orb availability.
Adoption
Google Play updates terms to allow blockchain content for Android in Play Store
The Android app store appears to have a more open policy than Apple.
Taxes
IRS investigating American crypto exodus to Puerto Rico
U.S. tax authorities are working to sort out those who are taking advantage of Puerto Rico's forgiving investment tax laws legally and those gaming the system in bad faith.
Technology
BNB Beacon Chain to introduce two security updates in upcoming hard fork
A June 19 upgrade will include on-chain asset reconciliation and add a bug fix.
Trading
Cboe files amended spot Bitcoin ETF applications; finalizes surveillance agreement with Coinbase
A tentative surveillance-sharing agreement between Cboe and Coinbase has been finalized and several ETF applications have been refiled.
Crime
U.S. charges Solana attacker with money laundering in first enforcement action of its kind
The U.S. Attorney of the Southern District of New York called the case the 'first criminal case involving [an] attack on a smart contract operated by [a] decentralized exchange.'
Mining
Vanguard’s investments in Bitcoin mining firms Marathon, Riot approach $620M
Vanguard otherwise maintains a hesitant stance towards cryptocurrency.
Layer-2
Consensys launches alpha version of Linea mainnet
The release will allow for faster and less expensive transactions via zkEVM rollups.
Regulation
Dubai’s virtual assets regulator suspends critical license for crypto exchange BitOasis citing regulatory non-compliance
Regulators have published a market alert concerning the exchange's MVP license.
ETF
Bitcoin ETF approval could be ‘hard to resist,’ ex-SEC chair Jay Clayton says
Sufficient surveillance sharing agreements could convince the SEC to approve a spot Bitcoin ETF, according to the agency's former chair.
Legal
Crypto.com seeks to recover $76K related to transaction error
The company aims to enforce an arbitration award that would force a customer to return a $50,000 transaction and pay more than $26,000 in other costs.
AI
Elon Musk says that China is ‘going to be great’ at AI development
Musk appeared in a video segment at China's World AI Conference (WAIC).