The Block
Blockchain data shows that the victim of a $71 million address poisoning attack last week has recovered nearly all available funds when accounting for the changes in crypto prices. Blockchain cybersecurity firm Match Systems and the Cryptex exchange participated in the recovery negotiations, according to a press release.
ArkInvest/21 Shares included a staking component in a previous filing, but that appeared to have been removed in an amended filing posted on Friday.
For billionaire Mark Cuban, how cryptocurrency has been regulated will impact voters in the 2024 presidential election. Cuban also noted that “crypto is a mainstay with younger and independent voters.”
Quick Take Colombian President Gustavo Petro allegedly accepted more than $500,000 in digital tokens from a local crypto project, local media reported this week. The project’s co-founder and Petro’s campaign manager met to discuss crypto and the donation in February 2022, according to an exclusive interview aired by Caracol Radio.
Quick Take The proposal also says that event contracts involving gaming, war, terrorism and assassination would not be allowed to be listed for trading or accepted for clearing and are “contrary to the public interest.” Since 2021, CFTC Chair Behnam said there has been a “significant uptick” in event contracts listed for trading on exchanged registered with the CFTC.
Quick Take Layer3 announced it will launch its governance and utility token, $L3, with an initial drop of 5% of total supply slated for this summer.
Quick Take ShapeShift founder and prominent crypto figure Erik Voorhees launched Venice, a privacy-focused artificial intelligence platform. The platform uses blockchain for permissionless payment, as well as web3 infrastructure for local browser storage and end-to-end encryption.
Bitcoin call open interest is concentrated at $75,000 for the end of June expiry, YouHodler Chief of Markets Ruslan Lienkha says.
JEPQ previously held the record for the fastest exchange-traded fund, reaching $10 billion in assets under management (AUM) in 647 trading days, taking around three years.BlackRock’s IBIT and Fidelity’s FBTC passed $10 billion AUM in 49 and 77 trading days, respectively.
Kraken’s lawyers said in a court document filed on Thursday that the agency has “not identified any investment contracts that were (or could be) traded, brokered, or settled on Kraken.” A hearing to discuss Kraken’s move to dismiss the SEC’s lawsuit is set for 2 p.m. ET on June 12.
