Bitcoin and Ether lead $17.8B crypto inflows
Bitcoin saw its fifth-largest week of inflows on record, helping it recapture the $60,000 mark, while Ether inflows took second place in anticipation of the US Ether ETFs.
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DeFi liquidity protocol adds Consensys-developed zkEVM rollup Linea
The co-founder of the liquidity protocol said the zk roll-up-based scalable solution has the potential to solve the scalability dilemma put forward by Ethereum co-founder Vitalik Buterin. 434 Total views 2 Total shares Amid the growing popularity of zero-knowledge (ZK) proof based layer-2 scalable solution, decentralized finance liquidity protocol Symbiosis has added support for Linea,…

1 AM UTC Is the Most Volatile Hour for Bitcoin: Research
Researchers at crypto analytics firm LongHash have found 1 AM UTC to be the hour of greatest volatility for Bitcoin (BTC) over the past two years.1 AM UTC had more daily highs and lows than any other hour of the day over a period from 2017 to 2019, according to research released by LongHash on…

Tangem wallet collected user seed phrases via email glitch
Tangem said it resolved a bug in its app that risked exposing private keys, but users have criticized its muted response.

IBM’s Blockchain Patents: From Food-Tracking and Shipping to IoT and Security Solutions
The adoption of blockchain technology is slowly taking shape across a multitude of industries. At the forefront of the amalgamation of payment systems and logistics is US tech giant International Business Machines Corporation (IBM), which has established itself as a leader in terms of blockchain-based products and offerings.The latest developments aim at the logistics sector…

Report From Former CFTC Chairman Calls for Advanced Crypto Regulations
A recent report published for the Brookings Institution is calling for enhanced regulations on cryptocurrencies. The report was authored by Harvard University fellow Timothy Massad, who served as chairman of the United States Commodity Futures Trading Commission (CFTC) during the administration of Pres. Barack Obama.The report dubbed “It’s time to strengthen the regulation of crypto-assets”…

‘I anti-endorse these projects’ — Buterin’s shitcoin war sees him sent another 250K
Earlier this week, the Ethereum co-founder sold $700,000 worth of “shitcoins.” 310 Total views 6 Total shares Own this piece of history Collect this article as an NFTEthereum co-founder Vitalik Buterin's latest salvo against “shitcoins” has ended up with him simply being sent more of it.Only days ago, the Ethereum developer made moves to sell…

China’s risky Bitcoin court decision, is Huobi in trouble or not? Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese man’s $10M loss as court says Bitcoin lending not protected by law A man in China’s Jiangsu province, identified as Mr. Xu, appears to be out of luck after a court ruled that his 341 Bitcoin loan ($9.9 million) to…

Maiar decentralized crypto exchange goes offline after bug discovery
The exchange has been taken offline due to the discovery of the bug and the team has implemented an “emergency fix” and updated the decentralized exchange. Minutes before 12 a.m. UTC on June 6, the CEO and co-founder of the Elrond Network, Beniamin Mincu, tweeted that he and his team were “investigating a set of suspicious activities”…