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Crypto Biz: Helicopter CBDC money rains on Shenzhen, May 26—June 1
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China's advanced CBDC strategy sees digital yuan airdropped to thousands of people. Meanwhile, Binance Labs raised $500 million for a new Web3 fund.

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Chainlink launches price feeds on Solana to provide data to DeFi developers
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Solana co-founder Anatoly Yakovenko noted that the integration will be beneficial to DeFi developers building on the platform.

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Over 200K BTC now stored in Bitcoin ETFs and other institutional products
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Bitcoin ETPs now have more BTC under control on behalf of clients than ever before.

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Terra 2.0: A crypto project built on the ruins of $40 billion in investors’ money
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Terra 2.0 launced with the promise of helping to retrieve lost funds, but early indicators suggest launching a new token to compensate for the failure of ...

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Top 3 must-have tokens in June
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Waves (WAVES), IOTA (MIOTA), and Stellar (XLM) are some of the best tokens to get in June. Waves increased by 5%, IOTA by 4%, and Stellar by 3% in the last ...

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New York AG warns against crypto investments amid state push to ban mining
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New York Attorney General Letitia James has issued an investor alert against "risky cryptocurrency investments," citing the assets' volatility.

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Japan passes bill to limit stablecoin issuance to banks and trust companies
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The Japanese government is rushing to enforce new stablecoin laws in the aftermath of the Terra collapse.

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New York State Senate passes Bitcoin mining moratorium
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The bill once, approved by Governor Kathy Hochul, would make New York the first state in the U.S to put a moratorium on crypto mining.

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Vitalik shows support for Optimism’s governance structure and OP gas proposal
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The Ethereum co-founder has often advocated for projects to move away from coin voting in DeFi and DeGov, as it will enable smaller holders a chance to truly ...

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Bitcoin bounces to $30.7K as analyst presents Stock-to-Flow BTC price model rehash
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United States stock markets provide the backdrop for reversal in Bitcoin as $30,000 manages to hold.

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Crypto.com gets nod in Dubai and FTX launches in Japan
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Crypto.com will have further requirements before its full license is granted in the “near-term” and FTX said the move would allow it to work “directly with ...

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Kenyan energy company entices Bitcoin miners with geothermal power
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The country’s main electricity producer has issued a general invite for Bitcoin miners looking to take advantage of its renewable energy facility near the ...

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