A hack that drained $35 million from Atomic Wallet users since June 2 impacted less than 1% of its monthly active users, according to the company.

More info: https://tinyurl.com/yxcr6ck8

Cardano (ADA), the native token of the Cardano blockchain, has recently witnessed a remarkable surge in large transactions, totaling an impressive $2.5 billion within a span of just 24 hours. This surge, based on recent data, indicates a growing interest and confidence in the capabilities of the crypto’s ecosystem.

More info: https://tinyurl.com/55chp3uy

ETH will account for 70% of smart contract protocols, the world’s second-largest cryptocurrency could hit $11,800 in 2030, VanEck said in its recently released Ethereum price prediction report.

More info: https://tinyurl.com/bwahcvhw

Adopting a debt-free approach, El Salvador plans to construct a 241 megawatt (MW) renewable power generation park in the Metapán region, combining solar and wind projects.

More info: https://tinyurl.com/46zsdr9p

Arthur Hayes, the co-founder of cryptocurrency exchange BitMEX, has said that he expects Bitcoin’s bull market to begin around October or September.

More info: https://tinyurl.com/3w5wwdsh

Binance’s alleged control over its US affiliate’s finances has come under the spotlight again following the revelation that a senior executive, Guangying Chen, was the main operator of five bank accounts belonging to Binance.US, including one that held American customers’ funds.

More info: https://tinyurl.com/bdhwb7pv

The total crypto market capitalization plummeted 3.6% overnight, per CoinGecko data, as the United States Securities and Exchange Commission (SEC) filed a fresh lawsuit against Binance.

PepeCoin (PEPE), the popular frog-themed meme coin, led the daily market’s losses with a 14.9% decline since Monday. Dogecoin (DOGE), the only other meme coin in the list, lost 7%.

More info: https://tinyurl.com/5b3fjc6y

The Binance Coin price has dived by 8% in the past 24 hours, dropping to $276 following the SEC's opening of legal proceedings against Binance.

This price represents an 11% drop in the past week and a 15% fall in the last 30 days, with BNB up by 12% since the beginning of the year.

More info: https://tinyurl.com/4fc6y4xw

Crypto exchange Binance announced support for Bitcoin non-fungible tokens today.

The NFTs supported include Bitcoin Bandits, Bitcoin Frogs, Bitcoin Fizzas, Bitcoin Punks, Bitcoin Wizards, Block Legends, BTC DeGods, BTC Machine and others.

More info: https://tinyurl.com/2p9ecd5f

The regulator alleges that Coinbase violated securities laws.

It also named several tokens as securities in the lawsuit. Those tokens include SOL, ADA, MATIC, FIL, SAND, AXS, CHZ, FLOW, ICP, NEAR, VGX, DASH, and NEXO.

More info: https://tinyurl.com/5n72p984

Coinbase CEO Brian Armstrong is not shaken by the U.S. Securities and Exchange Commission (SEC)’s new lawsuit against his exchange.

Both the executive and his company responded with brief arguments on Monday as to why Coinbase will reign victorious in its legal battle with the regulator.

More info: https://tinyurl.com/396xry8w

According to IntoTheBlock, an on-chain analytics firm, large transactions are defined as those exceeding $100,000. The firm reports a notable surge in the volume of large transactions on the Polygon network, reaching $64.44 million, which represents a staggering 742% increase within the last 24 hours.

More info: https://tinyurl.com/4jhm7zah

The SEC has reportedly sought an express court order from a US federal court to freeze all the assets of Binance US.

More info: https://tinyurl.com/mr294muy

“The Cardano Foundation disagrees with the recent qualification of ADA as a security under US law. We look forward to the continued engagement with regulators and policymakers to achieve legal clarity and certainty on these matters.”

More info: https://tinyurl.com/497epss9

A web3 lawyer, John Deaton says there is only a 3% chance that the SEC will win its case against Ripple. While he conceded that the Commission might get some concessions, an outright win from the present realities will be impossible.

More info: https://tinyurl.com/mry4bpa3

Outspoken Dallas Mavericks owner and occasional crypto enthusiast Mark Cuban has taken to Twitter to express his concerns over the US Securities and Exchange Commission’s (SEC) handling of recent complaints against cryptocurrency exchanges, specifically Coinbase.

More info: https://tinyurl.com/3c6kxyft

Brian Brooks, the former CEO of Binance US, revealed why he left his post at the exchange, in court documents released this week.

“What -- what became clear to me at a certain point was CZ was the CEO of BAM Trading, not me. That's what became clear at a certain point,” Brooks said in the court documents released on Tuesday.

More info: https://tinyurl.com/3rckbzr4

The SEC alleges, via Verma’s forensic analysis of the bank statements of Binance and Zhao’s web of companies, that $12 billion was sent to Zhao and $162 million to a Guangying Chen-controlled company in Singapore.

More info: https://tinyurl.com/nh47fbur

On June 8, the European Consumer Organisation (BEUC) published a report:

"TikTok, Instagram, Twitter & YouTube are responsible for allowing misleading advertisements of crypto to multiply through ads & influencers. This is an unfair commercial practice, exposing consumers to serious harm (loss of significant amounts of money)."

More info: https://tinyurl.com/4ajaazb2

Binance Coin bridge has become the victim of a recent hack. An attack on the BNB bridge refers to a security breach or unauthorized access to the bridge, which is a mechanism that allows the transfer of BNB tokens between different blockchain networks.

More info: https://tinyurl.com/hks4n3m3