Regulation
Culture
Matter Labs drops controversial ‘zero-knowledge’ trademark effort
US trademark website showed that the ZK trademark application was still live as of press time.
Exchanges
Bitcoin and Ethereum exchange balances hit record lows as spot ETFs drive withdrawals
Experts have predicted that the rising demand for Ethereum and Bitcoin could trigger a supply crunch.
Hacks
Linea under scrutiny for unilateral block production halt amid Velocore hack
Linea says its goal remains maintaining a permissionless, censorship-resistant environment.
Hacks
Japanese DMM exchange suspends withdrawals after $305 million Bitcoin theft
The theft ranks among the top 5 hacking incident that has affected a Japan-based crypto platform.
Mining
Bitdeer receives $150 million from Tether for ASIC-based mining rig development
Over the past month, Tether has stepped up its investment efforts in the Bitcoin mining sector.
Gaming
Pudgy Penguins teams up with Mythical Games to launch Web3 mobile game on Polkadot
The game would be released in 2025 and would further boost Pudgy Penguins popularity within the community.
Tokenization
Luna Foundation moves $95 million in crypto to new wallet citing enhanced security
Luna Foundation still holds around $161 million worth of digital assets in its reserves.
Legal
Matter Labs faces backlash over ‘zero-knowledge’ trademark attempt
Matter Labs' CEO Alex Gluchowski said he is opposed to the "very idea of “Intellectual Property."
AI
AO ‘supercomputer on Arweave’ blockchain fair launch set for June 13
AO's token would have a total supply of 21 million and a four-year halving cycle.
Technology
Real-world assets platform TVVIN leverages Polkadot to scale gold tokenization
The RWA sector is seeing strong interest from traditional financial institutions.
Crypto
Singapore bank DBS in top 40 Ethereum holders with $648 million stash, Nansen finds
Some community members have speculated that the ETH might belong to the bank's customers.
Crypto
Vitalik Buterin donates over $100,000 to Tornado Cash developers’ legal defense
The Tornado Cash developers have enjoyed strong backing from the crypto community over their issues with the authorities.
