Top Stories

SEC / Coinbase : The SEC expects to take 120 days to respond to Coinbase's request for rulemaking on digital asset trading. Coinbase seeks clearer rules to replace existing requirements. The SEC dismissed Coinbase's demand for a faster response and maintains that rules exist for digital assets. (link)

Ethereum : without scaling solutions, secure wallets, and better privacy measures, the future of ETH may be under threat said its co-founder Vitalik Buterin (link)

Binance fights back against SEC lawsuit over alleged securities violations. The cryptocurrency exchange filed more than 20 motions and declarations late Monday (link)

Solana’s SEC, FTX troubles spark hard fork debate in community. The fork could alleviate SEC scrutiny and prevent the impact of token sales. However, there are challenges and doubts surrounding the feasibility of the hard fork. (link)

Polygon, Solana, Cardano push back against SEC 'Security' Label and emphasized the need for regulatory clarity. (link)

Games

Synergy Land has announced its first public playtest for its Web3 action RPG that will take place from June 16th to June 19th. Players can complete in-game and daily quests on Zealy's platform for a chance to win various rewards.(link)

BinaryX, a GameFi platform, has revealed its 2023 roadmap, which includes Boss Raid, a new game mode in CyberDragon, CyberLand, an open-world MMO, a VR metaverse with immersive features, and Project Matthew, a space sim game. (link)

Ava Labs launches Avalanche Arcad3, connecting traditional game developers with crypto firms to explore blockchain gaming in Web3. Gree and Gumi are among the early partners. (link)

Blast Royale's Multi-Blast event is live for three weeks (from June 8th to June 30th), offering players rewards for participating in Solo and Trios game modes. Achieve 500 kills for equipment items, win 100 ranked games for $BLST, and earn leaderboard rewards like Coins or $CS tokens. (link)

Blankos Block Party has partnered with Amazon Prime, offering exclusive in-game rewards and benefits for Prime members. Six bundles with unique NFTs will be released, and members can link their Amazon and Blankos accounts to access these rewards.(Link)

NFTs

Snoop Dogg has launched an NFT pass called the Snoop Dogg Passport, granting exclusive tour benefits. Priced at $43, it unlocks behind-the-scenes content, merchandise, and music playlists. (link)

Santo Spirits, the tequila brand co-founded by Sammy Hagar and Guy Fieri, has launched a customer loyalty program using NFTs. The Santo Spirits Club rewards users with mystery NFTs upon signing up. (link)

The IN/Visible NFT Exhibition curated by Linda Dounia focuses on the biases of AI and Western art history in representing people of color. The online exhibition features 10 black artists and aims to raise awareness about these issues. Collectors can purchase artwork sets and individual editions during the exhibition.(link)

Foodmasku, a multimedia artist, creates NFTs of himself wearing and eating masks made of food. He turned to NFTs as a means to safeguard his work and has earned about 50 ETH ($92,000) from sales. Foodmasku explores the intersection of food, masks, and digital technology, and is now delving into artificial intelligence with a project called "Proof of Eat." (link)

Kraken NFT marketplace : Kraken has announced the official launch of its NFT marketplace, exiting the beta phase and expanding its collection offerings from 70 to over 250. The platform plans to continue adding more collections to its marketplace. (link)

Defi

Uniswap : has released the code for version 4, introducing "hooks" for customized liquidity pools. Feedback will be collected before deployment. This enhances AMM exchanges and boosts flexibility for projects. (link)

BitGo's lawsuit against Galaxy Digital over a cancelled $1.2 billion acquisition has been dismissed by a Delaware judge. The judge ruled that Galaxy had valid reasons to end the deal due to non-compliant financial documents from BitGo. BitGo plans to appeal the decision. (link)

eToro / Algorand, Decentraland, Dash, Polygon : eToro will halt the purchase of Algorand, Decentraland, Dash, and Polygon for its US customers due to regulatory concerns. Existing positions can still be held and sold. This decision follows a similar move by Robinhood.(link)

Sturdy Finance : lost $800,000 in an exploit involving a faulty price oracle. Funds were drained using a reentrancy attack. Twitter accounts of crypto community members were also compromised. (link)

Crypto.com will close its institutional service for US clients due to limited demand. The closure does not affect its retail app used by over 80 million users worldwide. The decision comes amid increased regulatory scrutiny in the US.(link)

One more thing

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