Bitcoin is down .5% at $30,301
Ethereum is down slightly at $1805
and Binance Coin is down slightly at $290

Coinbase to make a strategic investment in Zipmex

Ethereum Ropsten testnet completes merge

FireStake admits to draining two million of the 5M that was exploited from Osmosis

20M OP tokens sniped from Wintermute

Greenidge Generation mined 195 bitcoin in May

NYDFS issues stablecoin guidance.

Links:

• Industry Letter - June 8, 2022: Guidance on the Issuance of U.S. Dollar-Backed Stablecoins | Department of Financial Services
• A Message to the Community from the Optimism Foundation
• FireStake | Validator on Twitter: "in the process, we managed to convert $226 USD to ~$2M. We were thinking about our family's future, and not the future of our community. Shortly after doing so, we stressed throughout the night about how we can set things right. We’re currently working with the Osmosis team..." / Twitter
• Coinbase to make strategic investment in Zipmex following acquisition talks
• Ethereum’s Ropsten Testnet Has Completed Its Merge
• Bitfly (@etherchain_org) / Twitter
• Greenidge Generation Provides May 2022 Operational Update

Bitcoin is down slightly at $42,559
Ethereum is down slightly at $3,243
and Binance Coin is down slightly at $423

New York senate gives more budget to NYDFS for crypto oversight.

Motus Capital launches.

Coinbase disables Unified Payments Interface in India in the face of regulatory pressure.

David Kleiman estate appeals december Craig Wright verdict.

Links:

• Former Citigroup Executives Seek $100 Million for Crypto Hedge Funds - Bloomberg
• Self-proclaimed bitcoin inventor's award worth $47 bln challenged by ex-partner's estate | Reuters
• Coinbase India UPI Payments: Regulatory heat forces Coinbase to halt UPI payments in just three days
• New York Senate Authorizes NYDFS to 'Assess' Crypto Companies

Bitcoin is down slightly at $42,279
Ethereum is down 1% at $3,222
and Binance Coin is down 1% at $452

Secret network, up 15%
Frax share up 16%

US Congress gears up for oversight hearing into crypto mining’s effect on the environment.

Tennis Australia is bringing the Australian Open to Decentraland

Samsung brings flagship 837 store to Decentraland

New York Department of Financial Services hires deputy superintendent for crypto.

Links:

• Australian Open serves up its own NFTs and moves into the Decentraland metaverse - Stockhead
• Perter Marton LinkedIn
• Samsung enters the metaverse, opening flagship 837 store in Decentraland
• US Congress to Hold Oversight Hearing on Crypto Mining: Report

Bitcoin is up 1% at $60,409
Ethereum is up 1.5% at $1881
and Binance Coin is up 1% at 270.94

Top gainers in the last 24 hours:
Decentraland up 54%
Hedra Hashgraph up 38%
Terra up 24%

DCG Foundry mining pool is open to the public.

WisdomTree submits ETF proposal to the SEC.

Bakkt receives BitLicense from NYDFS.

A romanian barber has been arrested for allegedly stealing 620k in crypto.

France’s central bank petitioned to purchase bitcoin.

Links:

• Wisdomtree S-1
• DCG Foundry mining pool opens to the public after quietly mining over 780 BTC
• New York regulators award BitLicense to ICE crypto venture Bakkt
• A petition asks French Parliament to allow central bank to hold bitcoin

Bitcoin is down slightly at $47,399
Ethereum is down 1% at $1525
and Cardano is down .5% at 1.10

Top gainers in the last 24 hours:
Populous up 21%
Whale up 20%

John McAfee charged with conspiracy to commit fraud, and money laundering.

BitGo earns trust license from the NYDFS.

Ripple is working to pivot private ledger to central bank digital currencies.

Swedish fraudster Roger Nils-Jones Karlsson has pled guilty to charges of securities fraud.

Links:

• John McAfee charged with fraud over cryptocurrency - BBC News
• BitGo Receives NY Trust Charter from the New York State Department of Financial Services | Business Wire
• Ripple Pilots a Private Ledger for Central Banks Launching CBDCs | Ripple
• Cryptocurrency Fraudster Pleads Guilty to Securities Fraud and Money Laundering Charges in Multi-Million Dollar Investment Scheme | OPA | Department of Justice

Bitcoin is down slightly at $11,353
Ethereum is down slightly at $368
and XRP is down 0.5% at 24 cents

Those are your leaders by market cap

Top gainers in the last 24 hours:
Ampleforth up 27%

DOJ unseals documents about Tether bribery case

Zora raises $2 million in a seed round

The NYDFS is hosting a techsprint to develop new digital methods to submit regulatory reports.

Officials in the Bahamas say the Sand Dollar will eventually work internationally

Links:

• Press Release - October 15, 2020: Superintendent Lacewell Announces DFS To Host First-Ever Techsprint To Advance the Department’s Regulator of The Future Vision | Department of Financial Services
• Officials from the Central Bank of The Bahamas say the digital 'Sand Dollar' will eventually work internationally - The Block
• Tether Stablecoin Used by Drug Cartel Money Smugglers, DOJ Claims - Decrypt
• Crypto-driven marketplace Zora raises $2M to build a sustainable creator economy – TechCrunch

Bitcoin is up 0.5% at $11,805
Ethereum is down 0.5% at $394
and XRP is down 2.5% at 30 cents

Top gainers in the last 24 hours:
Decentraland up 26%
Band Protocol up 22%
and Zilliqa up 15%

Binance receives a green light for BUSD from NYDFS.

Russia’s largest state-owned bank Sberbank is preparing to launch its own stable coin Sbercoin.

Compound releases their own price oracle.

Links:

• Sberbank is preparing to issue its own cryptocurrency - Vedomosti
• DeFi platform Compound launches permissionless price oracle - The Block
• Binance Says New York Banks Can Now Use Its Stablecoin After Watchdog Approval - CoinDesk

Top gainers in the last 24 hours:
Ark up 23%
and Reserve Rights, up 19%

The New York Department of Financial Services has issued a new three-strike rule for BitLicense applicants.

FC Barcelona fans quickly grabbed the 1.3 million dollars worth of tokens issued this week.

UK regulator suspends Wirecard's subsidiary that issues Visa crypto debit cards

Telegram is facing 18.5 million in penalties to end the token sale dispute with the SEC.

Links:

• FC Barcelona's Token Sale Hit $1.3M Cap in Under 2 Hours - CoinDesk
• Virtual Currency Businesses: Notice of Virtual Currency Business Activity License Application Procedures | Department of Financial Services
• Requirements have been imposed on Wirecard’s authorisation | FCA
• Telegram will pay $18.5m in penalties to end token sale dispute with the SEC - The Block

Bitcoin is up slightly at $9,684
Ethereum is up slightly at $243
and XRP is up slightly at 20 cents

Top gainers in the last 24 hours:
Zilqua up 16%
Verge up 17%

Coinbase is looking to sell blockchain analytics software to the DEA and the IRS.

The SEC is filing charges in salt lake city against three leaders of the Modern Money Team cryptocurrency MLM

Robinhood users are buying US blockchain ETFs and it’s pushing the number of holders to 2020 highs

Regulators in New York and France to create innovation corridor

Bitcoin is up 0.5% at 9,302
Ethereum is down 1.5% at $204
and XRP is down 3% at 21 cents

Top gainers in the last 24 hours:
Hyperion up 20%
0x up 19%
and Status up 19%

VBit picked up 1.1 million in a fund raise to open a new 200mw bitcoin mining facility in Canada.

Ukraine’s state-owned nuclear energy subsidiary Energoatom has been advised to mine crypto with their nuclear power plants.

The New York Department of Financial Services has granted ErisX a bitlicense—the first of the year.

The Libra association has named their first CEO: Former HSBC Chief Legal officer Stuart Levey.

Links:

• DFS Grants Virtual Currency and Money Transmitter Licenses to Eris Clearing, LLC | Department of Financial Services
• Libra Association names HSBC chief legal officer Stuart Levey as CEO - The Block
• Bitcoin mining firm VBit raises $1.1 million to open a new facility in Canada - The Block
• Ukraine Considers Using Nuclear Plants for Cryptocurrency Mining