🪙 Vitalik Buterin proposed a radical upgrade to the Ethereum Virtual Machine — transitioning to the RISC-V architecture. According to him, this could be the key to significantly improving the network’s execution efficiency.

The transition would help address L1 scaling issues, increase miner competition, and enhance support for ZK-EVM, while maintaining compatibility with existing smart contracts — developers would continue coding in Solidity and Vyper.

Well-known venture investor Adam Cochran acknowledged the potential benefits for the main network but questioned the priorities, noting that the transition costs could be too high and the advantages for L2 might be limited.

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🪙 Circle, the issuer of the USDC stablecoin, is launching a new payments and remittance network.

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🪙 Strategy buys 6 556 Bitcoin worth $555 million.

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☠️ According to a new UN report, organized crime is actively building crypto infrastructure across Southeast Asia and Africa — from illegal exchanges to mining farms and stablecoins:

🔴 Global expansion: Criminal groups from Cambodia, Laos, Myanmar, and the Philippines have spread crypto fraud operations to Africa, Latin America, and other regions. Estimated annual revenue: ~$40 billion.

🔴 Advanced tech: Criminals are using AI, deepfakes, encryption, and DeFi protocols for phishing, anonymity, and bypassing KYC requirements.

🔴 Huione Guarantee: A Cambodia-based crypto platform linked to the ruling elite has laundered over $24 billion since 2021, offering services tailored to fraudsters.

🔴 International investigations: U.S. and Chinese authorities uncovered a $50 million laundering scheme tied to drug trafficking. In Vietnam, a group handling over $1.1 billion in USDT was shut down. In Libya, 50 Chinese nationals were arrested for illegal mining using stolen electricity.

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💸 Coinbase considering applying for US bank license.

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🪙 Over the past two weeks, Galaxy Digital has converted 65 600 ETH (worth $105 million) into 752 240 SOL.

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🪙 Cantor, currently led by Howard Lutnick — the son of the U.S. Secretary of Commerce — is planning to launch a $3 billion Bitcoin investment fund in partnership with SoftBank, Tether, and Bitfinex.

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📊 Amid Bitcoin’s price surge above $93 000, the Fear and Greed Index rose to 72, indicating a level of “greed.”

Bitcoin has also surpassed silver and Amazon in terms of market capitalization.

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💸 PayPal has announced that it will launch a rewards program for holding its stablecoin PYUSD this summer.

U.S. users who hold PYUSD in their PayPal or Venmo wallets will be able to earn an annual yield of 3.7%, accrued daily and paid monthly.

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🇮🇹 Tether has increased its stake in the Juventus football club to 10%.

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