UPD.
Elon Musk: “Pretty sure I’ve never discussed crypto with Trump, although I am generally in favor of things that shift power from government to the people, which crypto can do.”
https://x.com/elonmusk/status/1796211398088810731
Zentry has announced a new strategic round of funding with The Spartan Group, LongHash, Synergis Capital and DWF Labs, along with a number of Angel investors.
https://x.com/ZentryHQ/status/1796191610549453040
Polyhedra Network updates the token ticker from ZK to ZKJ.
https://x.com/PolyhedraZK/status/1796157110469706001
Matter Labs has filed trademark applications in nine countries to claim the term “zero-knowledge”.
https://cointelegraph.com/news/matter-labs-zk-trademark-backlash
Binance Pay has officially integrated Injective (INJ), allowing millions of users globally to make payments and shop using INJ.
https://x.com/injective/status/1795640295305925060
Gitcoin is shutting down its PGN - Public Goods Network.
The deadline to withdraw funds is 30 June.
https://gov.gitcoin.co/t/announcing-the-spin-down-of-pgn-eol-june-2024/17430
BlackRock files amended S-1 registration statement for upcoming Ethereum ETF with more disclosures.
Bloomberg ETF analyst Eric Balchunas called BlackRock’s amended S-1 a “good sign,” in a post on X, and the ETF will launch on July 4th.
https://www.theblock.co/post/297499/blackrock-files-amended-s-1-registration-statement-for-upcoming-ethereum-etf-with-more-disclosures
President Joe Biden’s re-election campaign has begun reaching out to crypto industry players over the past two weeks for guidance on “crypto community and policy,” sources told The Block.
The new outreach efforts come shortly after the Biden administration faced backlash for signaling it would veto an alleged anti-crypto bill.
https://www.theblock.co/post/297504/biden-campaign-shifts-crypto-stance-engages-crypto-industry-presidential-elections-2024
Web3 infrastructure and digital credential network Galxe (GAL) said that it is crafting its own layer-1 smart contract platform called Gravity and will migrate all its products to the new blockchain.
The first version of the network, built on the Arbitrum Nitro tech stack, will start in June to test cross-chain settlements in a publicly transparent manner. The full-fledged Gravity Mainnet with native staking and restaking aims to go live in the second quarter of 2025.
Galxe Passport, which has nearly 1 million users, will be moved from BNB Chain (BNB) to Gravity, while the Galxe Score contract will migrate from Polygon (MATIC) to the new chain.
https://www.coindesk.com/business/2024/05/29/web3-digital-identity-network-galxe-crafts-own-layer-1-blockchain-gravity/
Rumours: CME has no plans to offer Solana futures.
https://x.com/tier10k/status/1795890300981821443
Crypto exchange Gemini announced that it will return $2.18 billion to users of the Earn program, which it paused withdrawals for in November 2022.
https://www.cnbc.com/2024/05/29/winklevoss-crypto-exchange-gemini-returns-2point2-billion-to-users.html
Helix 2.0 is here
Helix is a decentralized exchange on Injective.
https://helixapp.com
https://x.com/HelixApp_/status/1795822297175204280
Binance has announced the launch of Forever Worldwide: The Road to Saudi Arabia — the fourth collection in its NFT partnership with footballing icon, Cristiano Ronaldo
▫️This NFT collection will be available only on the Binance NFT Marketplace.
▫️Campaign Period: 2024-05-29 08:00 UTC to 2024-07-15 23:59 UTC
▫️Sale Period: 2024-05-29 08:00 UTC to 2024-06-18 23:59:59 UTC
https://www.binance.com/en/support/announcement/binance-launches-the-forever-worldwide-the-road-to-saudi-arabia-nft-collection-with-cristiano-ronaldo-9dbf893ffbea42a089a4d7de104fc6d5
Tether has blacklisted the address with 3.5m USDT
https://x.com/peckshieldalert/status/1795703481162182801
Judge dismisses Debt Box case, orders SEC to pay $1.8M in fees
The judge cited a March ruling in which a court found the SEC “engaged in bad faith conduct” over a temporary restraining order to freeze Debt Box’s assets.
https://cointelegraph.com/news/judge-order-debt-box-sec-fees
Elon Musk and Donald Trump are discussing cryptocurrency policy as the former president increasingly highlights Bitcoin and other digital assets on the campaign trail as a way to reach new voters, according to a person familiar with the talks.
https://www.bloomberg.com/news/articles/2024-05-30/musk-counsels-trump-on-crypto-in-sign-of-billionaire-s-influence
Azuro launches AZUR in June.
Azuro is an all-things infra/liquidity layer for onchain predictions.
https://x.com/azuroprotocol/status/1796159804081045619
Taiko decided to change the token ticker TKO to TAIKO.
https://x.com/taikoxyz/status/1795853675677823059
💧 Bybit Futures Meme Tokens Not Listed on Spot
👉 https://dropstab.com/categories/meme
ARK Invest CEO Cathie Wood said crypto is now a U.S. election issue, which is why key documents for the proposed ether exchange-traded funds (ETF) were approved suddenly and unexpectedly.
Wood also said that while a solana ETF could be approved, meme coin-focused funds are unlikely because wirehouses – the large brokerage firms and investment advisory companies – would not accept more than "the majors."
https://www.coindesk.com/business/2024/05/29/cathie-wood-says-ether-etf-filings-were-approved-because-crypto-is-an-election-issue/
US Treasury report outlines potential financial risks of NFTs
The government department outlined potential concerns with the NFT market, including terrorist financing, theft, and funding nuclear proliferation.
https://cointelegraph.com/news/us-treasury-report-potential-financial-risks-of-nfts
CoinList has announced the TAP token launch
TAP is the token of TAP Protocol, an OrdFi enabling protocol for Bitcoin Ordinals.
The purchase period begins on May 29, 2024 at 17:00 UTC and ends on June 5, at 17:00 UTC.
Supply: 1,575,000 TAP tokens (7.5% of the total supply)
Price: $3.57
Lockup & Release: 10% unlocks at TGE, followed by a 12-month linear release. Token exchange listing is expected to occur on or around June 28, 2024
Initial Purchase Limits: $100.00 minimum, $2,500.00 maximum (USDT/USDC only)
https://coinlist.co/tap
Fidelity’s spot ether ETF appears on DTCC under ticker FETH.
https://www.dtcc.com/charts/exchange-traded-funds
Proposal for Hashdex's Ethereum ETF has been withdrawn.
https://www.theblock.co/post/297430/proposal-for-hashdexs-ethereum-etf-has-been-withdrawn
Telegram Wallet: “Your Wallet Services will soon be provided by a different company. This change is part of our ongoing efforts to provide better quality services to you.
New Service Provider
From 30th May, 2024 Wallet Services will be provided by WOT Global Solution Ltd.
Data Transfer Consent
By continuing to use Wallet, you agree to the transfer of your personal data to WOT Global Solution Ltd. This transfer will include all data you provided to us and information collected while you were using Wallet in accordance with the Privacy Policy. This includes your name, address, phone number, transaction data, and any other data we may have on you.
New User Agreement
By continuing to use Wallet after this notice, you agree to the new Wallet User Agreement when it becomes effective. We encourage you to review these new terms carefully.
Opt-out
If you prefer not to accept these changes, you may choose to cease your use of Wallet, withdraw your balance, and delete your Wallet account.
If you do not delete your Wallet account by 20th May, 2024, we will assume you have agreed to the data transfer and will continue using Wallet Services as provided by WOT Global Solution Ltd.”
https://wallet.tg/updates_notice.pdf
The crypto market is down
BTC Dominance - 52.1%
Market Cap - $2.57T
BTC - 68130$ (-0.93%)
ETH - 3788.78$ (-1.79%)
BNB - 597.7$ (-0.71%)
ARB - 1.15$ (-3.76%)
STRK - 1.23$ (-1.49%)
W - 0.595$ (-2.56%)
https://dropstab.com
PayPal’s (PYPL) stablecoin PYUSD is coming to Solana almost a year after first debuting on the Ethereum blockchain.
https://www.coindesk.com/business/2024/05/29/paypal-makes-retail-stablecoin-play-with-pyusd-on-solana/
Ripple donates additional $25 million to pro-crypto political committee Fairshake.
https://www.theblock.co/post/297258/ripple-25-million-to-fairshake
BlackRock surpassed Grayscale, and is now the largest BTC ETF, holding 288,671 BTC
https://x.com/vetlelunde/status/1795692221666111579
Former FTX executive Ryan Salame sentenced to 7.5 years in prison.
https://www.bloomberg.com/news/articles/2024-05-28/first-of-bankman-fried-s-ftx-lieutenants-faces-sentencing