Crypto
Regulation
Blockchain Association files new amicus brief to support Tornado Cash’s defense
The filing relates to a case initiated by CoinCenter in October 2022.
DeFi
Uniswap’s proposal to collect fees from LPs stumbles during first poll
The poll found 45% opposition to a fee and divided support for two fee plans.
Stablecoins
Circle to launch USDC natively on Arbitrum
The stablecoin will be available on one more blockchain on June 8.
Bankruptcy
Silvergate to submit shutdown plan in coming days after Federal Reserve order
Silvergate has ten days to submit its plan, plus ten days to enact it after approval.
Legal
Elon Musk’s Twitter-to-Doge logo switch raised as evidence in lawsuit
New facts and evidence could counter Musk's previous attempts to dismiss the case.
Exchanges
Gate.io denies rumors of withdrawal issues following Multichain’s unrelated crisis
Arkham Intel and other high-profile accounts likely spurred those rumors.
Hacks
Jimbos Protocol turns to law enforcement after hacker ignores $800K bounty
The DeFi project has contacted the Department of Homeland Services (DHS).
Regulation
Elizabeth Warren highlights crypto’s role in fentanyl trade; plans to combat with bill
The U.S. senator intends to reintroduce her Digital Asset Anti-Money Laundering Act.
Outage
Multichain unable to contact CEO, has no access to project servers
The project has experienced issues and transaction delays over the past week.
Hacks
TRON avoided $500M multisig vulnerability
The bug has since been patched, and no user assets are at risk.
Technology
Blockchain analytics firm Nansen reduces staff count by 30%
The company cited a "brutal" crypto market as one reason for its cutbacks.
CBDCs
Coinbase CEO considers China’s digital payments industry an ‘ambitious adversary’
Brian Armstrong urged for competitive U.S. crypto policies in an op-ed.