Crypto-Sec: $11M Bittensor phish, UwU Lend and Curve fake news, $22M Lykke hack
UwU Lend exploited twice and the “10% CRV burn” story invented by a scammer, TAO holder phished for $11M, Lykke hack cover-up: Crypto-Sec.
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The role would be the first-ever crypto-specific White House role and may report directly to Trump, Bloomberg reported.

Binance Removes FTX Tokens Citing Confusion
Major crypto exchange, Binance, has decided to remove leveraged FTX tokens from its exchange, explaining that customers don’t understand the product.“Due to lack of understanding of how leveraged tokens work by many of our users, Binance has decided to delist all existing FTX leveraged tokens and corresponding trading pairs,” the exchange announced on March 28. Binance…

Dell results show no signs of Bitcoin despite CEO’s bullish comments
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Banking system consumes two times more energy than Bitcoin: research
According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year. 4140 Total views 21 Total shares Amid the ongoing concerns over Bitcoin's (BTC) energy consumption, a new study states that the traditional banking system consumes much more energy than the Bitcoin…

$10K Bitcoin Price Back in Play? Key Metric Hints at Next Supercycle
Bitcoin (BTC) price continues to grow week in and week out, as another 9% has been added to its value since last Sunday. However, with the block reward halving being just over two weeks away, and mining difficulty set to increase another 5% in little over a week, is the bull market now upon us? Or…

Court-ordered NFTs and the importance of Web3 randomness: Nifty Newsletter
A Singapore court permitted the use of NFTs to attach legal court orders tokenized as an NFT to issue a freeze order. 127 Total views 2 Total shares Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs

Chinese Police Find Secret Bitcoin Mining Operation in Suspected Tombs
Chinese law enforcement discovered an illegal Bitcoin mining operation in what appeared to be multiple underground burial sites. 783 Total views 21 Total shares Chinese law enforcement discovered a Bitcoin (BTC) mining operation in what appeared to be multiple underground burial sites.Local English-language news outlet Beijing News reported on May 31 that law enforcement found…

5 key highlights of the SEC’s lawsuit against Binance
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Binance on June 5, alleging that the exchange was involved in the sale of unregistered securities. In its 136-page complaint, the SEC accuses Binance and its founder, Changpeng “CZ” Zhao, of participating in a complex conspiracy that involved fraud, conflicts of interest, a lack…