Ethereum
The average gas fees on the Ethereum mainnet dropped under three gwei as transactions across the layer 1 and layer 2 protocols are at an all-time high.
Tech
Crypto portfolio manager CoinStats confirmed that a security incident had impacted some wallets, despite claiming to have “military-grade encryption.”
Airdrop season continues as Blast’s token generation event is set to occur on June 26, about a week after interoperability protocol LayerZero and rival blockchain network ZKsync opened up claims to their airdrop
Regulation
From her past remarks Christy Goldsmith Romero, who is currently a CFTC commissioner, may take a hard line against crypto.
Jump Crypto is reportedly in the crosshairs of prosecutors at the CFTC, who are investigating the firm’s trading and investing in the digital asset industry.
Bitcoin
The German government has started selling over $195 million worth of the bitcoin it seized from the operators of movie2k.co in January.
NFTs
CryptoPunks and Bored Ape Yacht Club are reaching multi-year lows in floor price amidst a broader NFT downturn. However, Milady Maker and Pudgy Penguins are exceptions to the ongoing trend.
DeFi
Some users who received an airdrop allocation also suffered from increased gas fees and long waiting times to claim.
The decision to impose payments for token claims is a tax as well as an overly paternalistic approach.
“This is not white-hat hacking, it is extortion!” said Kraken’s chief security officer after revealing that a team of security researchers, who disclosed a bug, stole nearly $3 million from the exchange’s treasuries.
