Crypto
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UwU Lend offers a $5M bounty to whoever catches its exploiter
The UwU Lend hacker has now stolen a combined $24 million from the protocol across two attacks. Source link
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Tesla investors sue Elon Musk for diverting resources, talent to xAI
Shareholders accused Tesla boss Elon Musk of “brazen disloyalty” with his xAI startup that created “billions in AI-related value at a company other than Tesla.” Source link
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Holograph fell 80% in 9 hours after exploiter mints 1B additional HLG
The 1 billion HLG tokens were worth $14.4 million at the time of the first mint, Etherscan data shows. Source link
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Ether notches 2nd biggest hodler buying day in history
Demand for Ether from long-term holders rocketed on June 12 as the price fell below $3,500, just before the SEC’s Gary Gensler gave a forecast for spot Ether ETF approval. Source link
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Deepfake AI ‘gang’ drains $11M OKX account, Zipmex zapped by SEC: Asia Express
OKX blames “coin-stealing hacking gang” for deepfake AI theft of $11M, Zipmex unlicensed, Microvisionchain’s millions in grants: Asia Express Source link
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Swiss regulator forces crypto-friendly FlowBank into bankruptcy
The Swiss-based bank had ties to the TrueUSD stablecoin issuer, Techteryx, crypto asset manager CoinShares and reportedly Binance. Source link
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US judge approves Terraform’s $4.5B settlement with SEC
A New York district court judge has rubber-stamped Terraform Labs and Do Kwon’s nearly $4.5 billion settlement with the SEC. Source link
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MiCA regulation takes shape under EBA’s newest guidelines
The European Banking Authority has introduced a series of technical standards and guidelines for token issuers as MiCA implementation moves forward. Source link
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How low can the Bitcoin price go?
Bitcoin price could drop to $63,000 in the coming weeks, according to multiple technical signals. Source link
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Taiwan establishes association to help crypto firms self regulate
The association was formed after the country’s Justice Ministry proposed AML amendments for crypto firms that could result in penalties, including up to two years in prison. Source link
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