The election for new members of the European Parliament starts June 6, with results expected on June 9. The more than 700 MEPs shape and decide on new laws, and will be voted in as the EU’s landmark Markets in Crypto Assets legislation starts coming into effect. Source
Ethereum is disrupting the finance, banking, payments, marketing, advertising, social, gaming, infrastructure and artificial intelligence sectors, VanEck wrote. The prediction is also based on the expectation ether ETFs will get approved and the company’s ”read of on-chain data.” Source
Juan Tacuri, 46, of Florida, pleaded guilty to one count of conspiracy to commit wire fraud in the Southern District of New York (SDNY), a charge which carries a maximum sentence of 20 years in prison. Tacuri also agreed to forfeit nearly $4 million back to his victims, as well as real estate purchased with victim funds as part of his plea deal. Source
Bitcoin has spent almost three months consolidating since notching an all-time high slightly below $74,000 in mid-March. After plummeting briefly below $57,000 in early May, it saw a steady recovery, now changing hands at around $71,000, only a few percentage points from new record prices. Source
This isn’t the first time that Matter Labs has found itself in hot water with its competitors. In August 2023, the Polygon team went on a media blitz with the claim that Matter Labs had copied its Plonky-2 software system without proper attribution. Leaders from other teams, like Starkware, also weighed in at the time, expressing their disappointment with Matter Labs. (Gluchowski denied the claims of copying but said his team “could have done better” by providing clearer attribution to other teams’ open-source code.) Polygon co-founder Sandeep Nailwal seemed to…
“Stand With Crypto surpassed its goal of one million Stand With Crypto advocates faster than ever imagined,” said Coinbase CEO Brian Armstrong, who is also among the group’s leading donors, in a statement. “With exactly five months until the general election, crypto voters are not taking their foot off the gas.” Source
Crypto’s Latest Privacy Battle Source
The EVM will let developers build applications with smart contracts that run on the IOTA network. Source
The approval of new exchange traded funds (ETFs) for Ethereum’s ether {{ETH}} is a logical next step to the regulator previously approving spot bitcoin ETFs, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler seemed to suggest twice on Wednesday. Source
“We’ve added programmatic daily yield so this looks a little bit more like a savings product than a checking account product, which is maybe the way to think about traditional stablecoins,” Cascarilla said in an interview. “[USDL] is going one step further from democratizing access to dollars, to also democratizing the risk-free rate, in the safest manner possible.” Source