The New Crypto Bill Gary Gensler Doesn’t Want You to Know About

U.S. law doesn’t let appointed regulators trump elected officials. But the SEC head may be doing exactly that.Source

Crypto.com Winding Down U.S. Institutional Business

Singapore-based crypto exchange Crypto.com will no longer be offering its service to institutional clients in the U.S. due to “limited demand,” the company announced Friday.Source

The SEC Has Started an All-In Political Battle Over Crypto

The SEC’s lawsuits against Binance and Coinbase are likely to play out across the U.S.’s legal and political system over several years, says Michael Casey.Source

Louis Vuitton’s Soulbound Luxury NFTs, Apple’s Expensive Vision

Sotheby’s will sell Dmitri Cherniak’s “The Goose” NFT at a live auction this month, while Mercedes Benz released a collection inspired by its luxury vehicles.Source

Ethereum’s Buterin Releases Roadmap Addressing Scaling, Privacy, Wallet Security

In his blog post, Buterin shares that the network needs to address these components simultaneously, otherwise the blockchain fails.Source

Mt. Gox’s Hackers Are 2 Russian Nationals, U.S. DOJ Alleges in Indictment

The U.S. Department of Justice charged Russian nationals Alexey Bilyuchenko and Aleksandr Verner with hacking Mt. Gox in 2011, at the time one of the biggest thefts in the crypto industry.Source

With Ether Options Market Makers ‘Long Gamma’ at $1.8K, Price Is Likely to Hold

Traders said market makers are holding options with a $1,800 strike price and are likely to influence prices as they try to keep their portfolios direction-neutral.Source

Curve Finance CEO Egorov Sued by 3 DeFi-Focused Venture Capital Firms

Michael Egorov, the CEO of decentralized finance (DeFi) firm Curve Finance, is being sued for fraud by venture capital firms ParaFi Capital, Framework Ventures and 1kx in the U.S.Source

Robinhood Ends Support for Some Tokens Named in SEC Lawsuit as Securities

The popular trading platform will end support for Cardano (ADA), Polygon (MATIC) and Solana (SOL) on June 27th.Source

Robinhood Ends Support for All Tokens Named in SEC Lawsuit as Securities

The popular trading platform will end support for Cardano (ADA), Polygon (MATIC) and Solana (SOL) on June 27th.Source