🔔 Binance announced that it has received a Virtual Asset Service Provider (VASP) licence from Dubai’s Virtual Assets Regulatory Authority (VARA) for its local exchange in Dubai, Binance FZE.

➡️ All UAE resident users will gradually be contacted via email to update their KYC information by submitting certain documents by the KYC deadline (2024-12-15). 

👉 https://www.binance.com/en/support/announcement/uae-resident-account-users-to-be-transitioned-to-binance-fze-fcf59dbdbb6d4e068238355889a4804c?hl=en

🔔 Binance will remove and cease trading on the following spot trading pairs: BLUR/FDUSD, LINK/TUSD, MEME/ETH, METIS/FDUSD, NFP/BNB, OSMO/BTC, SHIB/TUSD.

➡️ Binance conducts periodic reviews of all listed spot trading pairs and may delist due to multiple factors, such as poor liquidity and trading volume.

👉 https://www.binance.com/en/support/announcement/notice-of-removal-of-spot-trading-pairs-2024-06-28-3d9bdfbcdd5c4bc5801fb67765c5a15d

🔔 Chair Gary Gensler reports smooth progress in the launch of the first U.S. spot Ether exchange-traded funds (ETFs).

👉 Source

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MultiversX Technical Roadmap - Explore, Track and Contribute

The new MultiversX Roadmap introduces a detailed, frequently updated overview of all the building blocks in the works, or already out. With it, community members have access to up-to-date information on MultiversX's short, medium and long term goals in terms of protocol development, related tools, and new releases.

Besides being able to visualize the progress publicly, the community can also help the MultiversX core team better prioritize tasks based on majority consensus. This can act as an informal governance extension to the on-chain module already in place. The system behind it is a simple but effective upvote mechanism.

Curious about the future developments of MultiversX? Make sure to check out 👉 multiversx.com/roadmap

RT: https://x.com/MultiversX/status/1805949200376471796

🔔 Vitalik introduced a company called Rarimo, based in Kyiv. It developed a tool called “Freedom Tool,” which uses zero-knowledge proof technology to allow Russian citizens to prove their citizenship and participate in online voting without revealing their identities. This system ensures that the results are tamper-proof and visible, creating a form of anonymous, censorship-resistant voting.

👉 https://cryptoslate.com/buterin-argues-for-blockchain-as-defense-against-efficiency-of-authoritarian-regimes/

🔔 Ava Protocol, an EigenLayer AVS focused on web3 automation, has acquired blockchain data startup Openstory.

👉 Source

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🔔 Solana-focused startup accelerator Colosseum has announced that it has raised $60 million to invest in early-stage projects. CoinDesk reported.

➡️ The fund, which was oversubscribed, will focus on pre-seed investments in selected startups from the Solana hackathon winners, and has invested $250,000 in 11 companies to date.

👉 https://www.coindesk.com/business/2024/06/25/solana-focused-startup-accelerator-colosseum-raises-60m-to-invest-in-early-stage-projects/

🔔 Crypto Firm Abra Settles with State Regulators Over Unlicensed Mobile App

➡️ Crypto firm Abra has settled with 25 state regulators for operating without proper licenses, agreeing to cease crypto transactions for U.S. customers and return $82 million. Investigations found Abra operated without required licenses. The settlement waives penalties to prioritize customer repayment.

👉
https://www.csbs.org/newsroom/state-financial-regulators-settle-abra-return-cryptocurrency-assets

🔔  The YouTube channel of the Australian broadcaster 7News has been hijacked, displaying videos featuring a deepfake of Elon Musk promoting a crypto scam.

👉 Source

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🔔 The U.S. SEC is on the verge of approving ETFs tied to the spot price of ether, with a potential launch as early as July 4

👉 Source

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🔔 Binance's latest update on Binance FZE exchange, a local exchange for Dubai, highlights procedures for UAE residents' seamless account transition by year end.

👉 Source

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🔔 Covalent Network announces the completion of a $5 million strategic funding round, led by RockTree Capital with participation from CMCC Global, Moonrock Capital, and others.

➡️ The funds will be used to drive market growth in the second half of 2024. Former BitMEX CEO Arthur Hayes previously joined Covalent as a strategic advisor to bring Long-Term Data Availability and EWM into decentralized AI.

👉 https://x.com/Covalent_HQ/status/1806013201479340250?t=mQNi8qaPY7xBcgbgoGsHYw&s=19

🔔 Ripple CEO Brad Garlinghouse said SEC Chair Gary Gensler will cause Joe Biden to lose the U.S. presidential election in November.

👉 Source

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🔔 Bitstamp Removes Euro Tether Due to New MiCA Regulations

➡️ Bitstamp will delist Tether's euro-pegged stablecoin, Euro Tether (EURT), by the end of June to comply with Europe's Markets in Crypto-Assets Regulation (MiCA), effective June 30.

👉
https://blog.bitstamp.net/post/bitstamp-confirms-changes-to-accord-with-mica-regulation/

🔔 JPMorgan: Mt. Gox Creditors Likely to Sell Bitcoin Receivables Next Month

➡️ Defunct crypto exchange Mt. Gox will start distributing bitcoin repayments to creditors next month. These creditors are expected to sell part of their bitcoin receivables, initially pressuring the market. However, JPMorgan analysts anticipate a recovery beginning in August.

👉
https://www.theblock.co/post/302217/jpmorgan-mt-gox-bitcoin

🔔 Galaxy Digital Predicts Up to $7.5 Billion Inflow into ETH ETFs Within First Five Months

➡️ Galaxy Digital predicts that Ethereum (ETH) exchange-traded funds (ETFs) could soon become a multi-billion dollar market after SEC approval. Analysts expect the first approvals next week. Charles Yu, Galaxy's VP of Research, forecasts inflows of $3 billion to $7.5 billion in the first five months, following the success of Bitcoin ETFs. Yu believes ETH ETFs will boost market adoption and legitimacy among institutional investors and regulators.

👉
https://www.theblock.co/post/302396/galaxy-digital-sees-up-to-7-5-billion-flowing-into-eth-etfs-within-first-five-months

🔔 Coinbase announced a partnership with Stripe, Stripe is adding USDC to its crypto payment products and adding USDC on Base to its fiat-to-crypto onramp. Coinbase will add Stripe's fiat-to-crypto onramp to Coinbase Wallet to allow users to instantly buy cryptocurrencies with credit cards and Apple Pay.

👉 https://www.coinbase.com/zh-sg/blog/coinbase-stripe-team-up-to-increase-global-adoption-of-crypto?__cf_chl_rt_tk=GtRElYp_bOZ85y_6QoTrs83aFicUZvuVZeFuBUScHv0-1719533256-0.0.1.1-4564

🔔 T-Rex Files for 2X Leveraged MicroStrategy ETF

➡️ Financial services firm T-Rex Group has filed for a leveraged MicroStrategy (MSTR) ETF in the U.S. Analyst Eric Balchunas described it as a "ghost pepper" ETF due to its potential volatility, which could be around 20 times that of the S&P 500.

👉
https://x.com/EricBalchunas/status/1806436903119671763