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U.S. Treasury Warns That NFTs Are Vulnerable To Fraud and Money Laundering
NFTs & Web3

U.S. Treasury Warns That NFTs Are Vulnerable To Fraud and Money Laundering

The Treasury Department said NFTs could serve as a vehicle for a variety of illicit activities.
Matter Labs In Hot Water Over ‘ZK’ Trademark Bid
NFTs & Web3

Matter Labs In Hot Water Over ‘ZK’ Trademark Bid

Rival projects using zero-knowledge technology publicly slammed Matter Labs over the trademark drama.
digital wallet with fingerprints
DeFi

Telegram-Based Wallet Bot Introduces Stricter KYC Rules

From June 3, users will have to provide their name, phone number, and date of birth to access most features.
vibrant depiction of crypto markets rallying slightly
Markets

Crypto Markets Trade Sideways Ahead of U.S. Inflation Report

Bitcoin is up 2.5% in the past 24 hours, while Ether and Solana gained 1%.
depiction of a synthetic dollar
DeFi

Ethena Brings Synthetic Dollar to Blast Layer 2

Various DeFi protocols in the Blast ecosystem now enjoy native yield, lending, and trading with USDe and sUSDe.
US and UK flags against a dark background
Regulation & Politics

SEC Commissioner Proposes Cross-border Sandbox for U.S. and U.K. Crypto Industries

Hester M. Peirce suggests a collaborative effort toward building out a regulatory framework.
Unregulated Stablecoins Pose Risk To National Security: U.S. Treasury Department
Regulation & Politics

Unregulated Stablecoins Pose Risk To National Security: U.S. Treasury Department

The U.S. Treasury Department wants to crack down on jurisdictional regulatory arbitrage.
Veda Announces Partnership With EtherFi Providing Tokenized Vault Infrastructure
DeFi

Veda Announces Partnership With EtherFi Providing Tokenized Vault Infrastructure

Veda boasts a more than $700 million TVL less than three months after launching.
BlackRock Amends S-1 Filing For Spot Ethereum ETF
Regulation & Politics

BlackRock Amends S-1 Filing For Spot Ethereum ETF

The filing comes a week after the SEC approved 19b-4 forms for eight spot Ether ETFs.