Ethereum options data highlights bears’ plan to keep ETH price under $3.6K
$4 billion worth of Ethereum options are set to expire on June 28, with the balance of forces centered around $3,500.
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StarkWare launches $1M research fund for ZK Bitcoin scaling
StarkWare’s fund seeks to promote research into OP_CAT and demonstrate its potential to unlock and benefit Bitcoin and the blockchain community in general.

El Salvador to build 20 ‘Bitcoin Schools’ with surplus from Bitcoin Trust
The government will use the “surplus” from its Bitcoin Trust account that currently contains 1,120 BTC. 43 Total views 37 Total shares The government of El Salvador is embarking on its next Bitcoin-related project which involves building schools using profits the nation has made on the asset.Profits or the “surplus” from the state’s Bitcoin Trust…

Chinese Steelmaker Settles $16 Million Iron Ore Deal on Blockchain
A major Chinese steelmaker settled a blockchain-based $16.87 million iron ore trade with the world’s second-largest mining group, Rio Tinto and Hancock Prospecting Pty. Ltd. 1913 Total views 30 Total shares In its first-ever, the Chinese steelmaker Nanjing Iron and Steel Company said it has completed an iron ore trade on the blockchain.The steel company…

Italy fines OpenAI $15M over data protection, privacy breaches
Italy’s privacy watchdog ordered OpenAI to conduct a six-month public awareness campaign to promote how ChatGPT collects and uses data.

Africa: Central Bank of Malawi Says Crypto Is Not Legal Tender, Warns of Trading Risks
The central bank of Malawi announced that crypto is not legal in the country and that the institution is against crypto-related activities, local news agency Nyasa Times reports on May 27.The Reserve Bank of Malawi (RBM) has stated that cryptocurrencies are not legal tender in Malawi and do not represent a substitute to the Malawi…

BlockShow Launches Crypto Fundraising Campaign for Notre Dame Reconstruction
BlockShow, an international blockchain event powered by Cointelegraph, has started a campaign to raise cryptocurrency for the Notre Dame cathedral reconstruction. The news was announced on BlockShow’s official Twitter account on April 16.In the tweet, the team behind BlockShow revealed that it has initiated a fundraising campaign for the Notre Dame reconstruction following the devastating…

Kalshi sues Nevada and New Jersey gaming regulators
Kalshi argues that its event contracts provide traders with a hedge against market risks and are not gambling or betting products. Prediction market platform Kalshi has filed a lawsuit against the Nevada Gaming Control Board and the New Jersey Division of Gaming Enforcement, following cease and desist orders from both regulators directing the company to

Immutable expands Web3 gaming payment options with Transak integration
Immutable deploys Transak’s functionality into its zkEVM gaming development infrastructure, powering in-game cryptocurrency and fiat payment methods. 194 Total views 1 Total shares Web3 gaming firm Immutable is set to integrate Transak as the sole payment service provider for its Immutable zero-knowledge Ethereum Virtual Machine (zkEVM). The service is set to directly power fiat and