Market
Adoption
Optimism community proposal seeks to ban OP dumpers from future airdrops
The proposal comes barely a day after the Ethereum scaling solution airdropped its governance tokens to early adopters.
NFTs
Goblintown boom leaves crypto community confused and divided
Goblintown is one of the most traded NFTs in the last 30 days, it has a trading volume of over $43 million since launch.
Outage
Solana falls below $40 as network suffers another outage
Solana has suffered seven outages in the last 12 months, piling further pressure on the network.
Stablecoins
USDD is fueling Tron’s DeFi TVL rise, draws comparison with Terra’s UST
Tron's TVL rose to over $6 billion within the last 30 days, placing it behind BNB Chain with $8.8 billion and Ethereum with $71.3 billion TVL.
Legal
Tech experts urge Federal Lawmakers to ‘resist’ crypto
A letter written by computer experts to the US Congress labeled cryptocurrencies as an “unsound and highly speculative investment” instrument.
Adoption
FTX and Goldman Sachs reportedly in talks over derivatives trading
FTX.US president Brett Harrison says major futures commission merchants are open to the exchange’s proposal.
Legal
Ex-OpenSea exec faces up to 20 years in prison over NFT insider trading
This is the first time that authorities in the US would be making an arrest over insider trading allegations in the crypto space.
Crypto
Optimism airdrops token amid high demand and drama
Some users claimed that they had been interacting with the smart contract before it went live, while some are saying they suddenly became ineligible for the airdrop.
DeFi
Singapore to target DeFi potentials with new JPMorgan partnership
Project Guardian is a collaboration between the regulator and several key financial players who will serve as trust anchors.
Analysis
Crypto investment sees $87M inflow despite bearish market sentiment
Investors have now spent over $500 million on digital assets investment products this year.
Merge
Ethereum’s Ropsten testnet beacon chain goes live, set for June 8 merge
A successful merge of the Ropsten testnet and its beacon chain would be a good indication of what would happen with the mainnet transition.
DeFi
Ethereum’s merge could help save DeFi TVL, Bloomberg reports
Data from DeFiLlama shows the total value of assets locked in DeFi is less than $110 billion, the lowest since October 2021.