Bitcoin
Stacks has since started producing blocks again. However, the native token for the Stacks network slid.
Business
In a recent budget hearing, SEC Chair Gary Gensler told senators that the US spot ether ETF approvals should be completed by the end of the summer, so where does the market see ether’s price going before and after the launch?
In the same week that Uniswap Labs acquired the onchain and online social game in its entirety, it is also on the ballot for an Emmy nomination for Outstanding Emerging Media Program.
Tech
Users know in the abstract that web2 exploits them and their data, but web3’s onboarding experience will have to be improved before they embrace the ability to not just read and write but also own on the internet.
Data shows that Bitcoin miners have ramped up selling, evidenced by the higher activity on OTC desks and transfers from mining pools to exchanges.
DeFi
The same hacker that exploited $20 million from UwU Lend earlier this week stole another $3.7 million using the funds stolen in the first exploit to carry out the second attack.
The founder of Curve, the decentralized exchange primarily for stablecoins, was liquidated as a result of CRV dropping over 20% in the past 24 hours.
The SEC maintains that Terraform Labs is still in control of hundreds of millions of dollars from the Terra ecosystem.
Fortune 500 companies are becoming increasingly interested in the onchain economy, says Coinbase, but notes that the pool of developer talent is moving overseas.
While lagging behind Solana, TON’s daily active addresses have exceeded Ethereum’s figures every day except for one thus far in June. Some believe TON could close the distance in market cap with Solana.
