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The official X account for Metallica appears to have been hacked, with exploiters posting about a Solana token dubbed METAL. Source link
Blockchain gaming, decentralized finance, and layer-2 platforms lagged behind newly emerging sectors and the current memecoin frenzy. Source link
SEC chair Gary Gensler reaffirmed previous criticisms of the crypto industry, stating that the sector is highly centralized with “significant non-compliance” in a Bloomberg interview on June 25. He downplayed decentralization in the sector, stating that a few platforms are “centralizing and commingling things that we would never allow anywhere…
Mike Flood, a second-term lawmaker from Nebraska, has played central casting in the effort to make Congress move on crypto policy. Source link
Bitcoin mining firm Core Scientific updated its agreement with AI hyperscaler CoreWeave to provide the latter with 270 megawatts (MW) of total infrastructure access, according to a June 25 press release. Core Scientific said that CoreWeave exercised its first option to contract for an additional 70 MW of infrastructure access,…
Donald Trump seems to have doubled down on digital assets after he was convicted of 34 felony counts in New York. Source link
Ava Labs, the developer behind the Avalanche blockchain network, is working on introducing web3 technologies to enhance intellectual property management in the rapidly growing K-pop market. Justin Kim, who leads Ava Labs’ operations in South Korea, discussed the company’s strategic moves to bring blockchain solutions to the forefront of the…
A federal judge in Florida recognized the HYDRO token as an investment contract qualifying as a security under SEC guidelines. Source link
Onchain Highlights DEFINITION: This metric shows the 30-day change in the regional price set during US working hours, i.e., between 8 A.M. and 8 pm Eastern Time (13:00-01:00 UTC), respectively, and Eastern Daylight Time (12:00-0:00 UTC). Regional prices are constructed in a two-step process: First, price movements are assigned to regions…