Valour launches first ETP for Near Protocol’s native token
The exchange-traded product will be available on Sweden’s Spotlight Stock Market.
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Mango Labs sues DAO members for alleged embezzlement scheme
The drama around Mango Labs just never seems to stop. Its problems are with its own members, too.

Law Decoded, May 30–June 6: Terra’s aftermath in China, Japan and South Korea
Last week brought some notable reactions to the stablecoin’s depegging in the East Asia region. The “long waves” of TerraUSD’s May 7 collapse, which we noted two newsletters ago, are extending even further. Last week brought some notable reactions to the stablecoin’s depegging in the East Asia region. A Chinese state-owned media outlet, the Economic Daily…

Winklevoss Capital Partner Sterling Witzke: Dollar Is Not Designed for the Internet, but Stablecoins Are
Sterling Witzke has been working at Winklevoss Capital — a venture capital firm set up by the famous Winklevoss twins — for five years now. As a professional investor, she is very interested in financing early stage crypto and blockchain projects. She believes that stablecoins are perfectly designed for the needs of internet payments and…

Tax justice for crypto users: The immediate and compelling need for an amnesty program
The United States Internal Revenue Service is blinded by its desire to defeat cryptocurrency. It rushes to enforcement without first thinking how best to get there. It has spent millions of taxpayer dollars training its personnel and procuring private contractors to uncover noncompliance by crypto users. The IRS is arming its people to aggressively enforce…

Trump token whale sells for $3.7M profit as memecoin starts decline
The memecoin whale made an over 1,428% return on his initial investment in the Trump token.

Crypto custodian BitGo mulls IPO in 2025: Report
Several other major crypto firms are also considering hitting the public equity markets in 2025.

Major South Korean Crypto Exchanges Help Police in Child Porn Investigation
Four South Korean cryptocurrency exchanges reportedly are assisting local law enforcement authorities in the investigation of the so-called “nth rooms” case that has grabbed headlines nationwide.According to the report published on March 25 by Chainnews, Upbit, Bithumb, Coinone, and Korbit collaborated with the police in an attempt to reveal the identity of those involved in the…

Polkadot to debut parachain auctions after governance vote
Polkadot has laid out a schedule to debut parachain auctions on Nov. 11 following unanimous approval from the blockchain’s on-chain governance council members. The news marks a landmark achievement as it fulfils the final core technical element of the whitepaper published five years ago. Parachains are uniquely distinctive layer-1 blockchain platforms that operate in laterally alongside the…