The Block
![Colombian President allegedly accepted $500,000 in illicit crypto donation for 2022 campaign](https://img.bitgetimg.com/multiLang/image/0c42d71829dff760ef953f54bce1562f1715368872525.jpeg)
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.
![CFTC votes to propose rules banning bets on political events through event contracts](https://img.bitgetimg.com/multiLang/image/4d2d57f93e5721ac9c12c215918640201715362561988.jpg)
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.
![Layer3 says airdrop for utility and governance token coming in early summer](https://img.bitgetimg.com/multiLang/image/f4ba5737a30754e7184fd6366e4fe7ed1715362944511.png)
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.
![ShapeShift founder Erik Voorhees launches generative AI platform Venice](https://img.bitgetimg.com/multiLang/image/9bc07cc24cf602fdfe0a1253aa34f9071715357571232.jpg)
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 options traders bet price could surpass all-time high by end of June, analyst says](https://img.bitgetimg.com/multiLang/image/a3704aedd218dc9ef68bc7a8879c9e4c1715355910229.jpg)
Bitcoin call open interest is concentrated at $75,000 for the end of June expiry, YouHodler Chief of Markets Ruslan Lienkha says.
![IBIT and FBTC ETFs hit $10 Billion AUM in weeks, smashing previous record of three years: analyst](https://img.bitgetimg.com/multiLang/image/5338f88135fe2f4a30960bc4d62ca1211715355910510.jpg)
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 makes another push to dismiss SEC lawsuit ahead of June hearing](https://img.bitgetimg.com/multiLang/image/9310b403675f0207489fac54371a74921715354283160.jpg)
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.
![Bitcoin benefits from US dollar downturn, analysts say](https://img.bitgetimg.com/multiLang/image/37b72113b8efff41c2dd8d7948b55d761715351617440.jpg)
The U.S. Dollar Index (DXY) has declined following a rise in U.S. jobless claims.The DXY downturn could benefit bitcoin and equity markets, analysts say.
![Harvest CEO 'doesn’t rule out' applying to offer bitcoin, ether ETFs to mainland Chinese investors: SCMP](https://img.bitgetimg.com/multiLang/image/2a80c5eb1cf4213c44cde2a64761c9581715350536164.png)
Harvest Global CEO and CIO Tongli Han said he ‘doesn’t rule out’ applying to offer its bitcoin and ether ETFs via the Stock Connect scheme for mainland Chinese investors, according to a report.However, the program currently does not allow mainland investors to invest in crypto futures ETFs in Hong Kong, let alone spot crypto counterparts.
![Friends again? A closer look FriendTech hype and post-v2 activity](https://img.bitgetimg.com/multiLang/image/92eec33f8914b6be457e39e216ed7c3e1715344598740.jpg)
FriendTech activity started to pick up last month and it’s now more common to see tens of thousands of transactions a day. The new native token FriendTech started trading on May 2. This is an excerpt from The Block’s Data & Insights newsletter.