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

Former CFTC Chairman Heath Tarbert Joins Circle as Chief Legal Officer

Tarbert will guide the company’s global strategy as it contends with regulatory issues in the U.S.Source

First Mover Americas: Binance.US Suspends Dollar Deposits

The latest price moves in bitcoin (BTC) and crypto markets in context for June 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Bitcoin Trades at Narrow Discount on Binance.US

News of a possible halt in U.S. dollar withdrawals sparked an increase in bitcoin trading as customers looked to remove their assets from the exchange, one observer said.Source

Hut 8 Says Repairs to Damaged Crypto Mining Equipment Are Taking Longer Than Expected

The delays are impairing the miner’s hashrate and bitcoin production.Source

EU Governments Friendly to Tough Crypto Bank-Capital Restrictions, Negotiator Says

A deal on new banking laws may be imminent, and will likely treat lenders’ crypto holdings as highly risky.Source

Hong Kong Monetary Authority to Prepare for Retail CBDC

The regulator will start conducting in-depth studies and pilots on the implementation of a future e-HKD.Source

Coinbase Shares Are ‘Uninvestable’ in the Near Term: Berenberg

The investment bank cut its price target on the stock to $39 from $55.Source

Aave-Developed Lens Protocol Raises $15M to Expand ‘Social Layer’ of Web3

Uniswap CEO Hayden Adams, OpenSea co-founder Alex Atallah, entrepreneur Balaji Srinivasan and Polygon co-founder Sandeep Nailwal joined the round as angel investors.Source