Crypto
Politics
Trump vows to end Biden-Gensler crusade against crypto after taking office
Trump reportedly pledged to end Democratic policies in a single hour.
AI
DOJ, FTC to probe OpenAI, Microsoft, Nvidia over AI competition fairness
The agencies are dividing roles in a deal that could conclude this week.
Exchanges
Kraken looking to raise $100 million in preparation for 2025 IPO
People familiar with the matter told Bloomberg News that the exchange is looking for help in organizing its IPO.
ETF
SEC chair Gensler says spot Ethereum ETF launch timeline depends on applicants’ speed
The SEC chair spoke to Reuters about pending spot ETH products.
Mining
Kerrisdale Capital shorts Riot stock amid complaints about miner’s safety hazards, China imports
The company made the complaint in a on June 5 letter addressed to Navarro County Texas Judge H.M. Davenport Jr. and four commissioners.
Crypto
VanEck predicts ETH will hit $22,000 by 2030
The company labelled the asset "revolutionary" in a comprehensive analysis published on June 5.
Legal
Binance moves to dismiss most of UK Bitcoin SV case
Binance and other companies do not oppose certification of the case under the UK's collective proceedings regime, which will bring the case to trial.
AI
OpenAI, DeepMind insiders demand AI whistleblower protections
Former and current employees of top AI firms say existing protections are insufficient.
AI
Google publishes new policy paper emphasizing privacy in AI development
The paper outlines the company's approach to embedding privacy safeguards in AI products from the outset.
Regulation
House Appropriation bill targets SEC’s controversial SAB 121 amid budget talks
Meanwhile, SEC Commissioner Mark Uyeda has called for SAB 121 to be withdrawn.
Partnerships
Bitpanda turns to Deutsch Bank to handle customer deposits and withdrawals
The bank will also support Bitpanda’s treasury and payment processes.
AI
Nearly three-quarters of organizations now use AI, breaking adoption stagnancy: McKinsey
The news comse alongside the announcement of new Nvidia chips.