CFTC Probes Jump

️ On today's Top Picks:

Crypto News

• ⭐️ US CFTC investigates Jump trading firm involvement in crypto.

• ⭐️ German Government sells Bitcoin $BTC, still holds ~$3B.

• MicroStrategy $MSTR acquires an additional 11931 Bitcoin $BTC for ~786M.

• Consensys plans to still pursue lawsuit against US SEC,

• Standard Chartered to launch Spot Bitcoin & Ethereum Trading Desk

• 3iQ Corp files to list Solana $SOL ETP on Toronto Stock Exchange.

• Winklevoss twins donate ~$2M of Bitcoin $BTC to US Presidential Candidate Donald Trump.

• BitFlyer crypto exchange negotiating to acquire FTX Japan.

Alpha

• Particle Network launches Testnet Phase 2 on Particle Pioneer.

• Grass introduces Grass Summer & requests users to connect their Solana wallets.

• Bitwise releases free Big Finance Sleeps NFT on Zora.

• DeBank launches Quest feature for Official Accounts.

• ICYMI Blast launches new Misc Blast Points Multiplier.

Airdrops

• ⭐️ LayerZero $ZRO airdrop is live.

• ⭐️ Blast Airdrop test contracts show 50% vesting for a specific threshold of users.

• Kinto to launch $K airdrop to Engen holders on July 1st.

• Zeta Markets launches $ZEX airdrop eligibility & allocation checker.

• Fantom to airdrop Sonic $S to Opera & Sonic users after 2nd proposal passes.

• Penumbra airdrop claim extended for 7 more days until June 27th.

Finance News

• ICYMI Nvidia $NVDA surpasses Microsoft $MSFT as it becomes largest US company by market value.

• ICYMI CleanSpark $CLSK purchases five Bitcoin mining facilities for $25.8M.

• ICYMI Adobe $ADBE sued by US regulators alleging it deceived consumers.

Security and Exploits

• CertiK returns exploited funds to Kraken.

• Fickle Stealer & AZStealer malware observed targeting crypto wallet data.

• Immunefi surpasses $100M in rewards paid to whitehats

• Revoke adds support for Sei Network.

• ⭐️ US BIS bans Kaspersky software over national security concerns.

Token Unlocks

• Manta Network / 6.67M $MANTA / ~$8M / JUN 18
• Pixels / 54.38M $PIXEL / ~$16M / JUN 19
• Space ID / 78.49M $ID / ~$36M / JUN 22

Funding

• Pantera Capital raising funds for second $TON investment.

• Particle Network, an L1 unifying all chains, raises $15M in Series A funding co-led by The Spartan Group & gumi Cryptos.

• Gudchain, a native blockchain solution for every game, raises $5M in funding led by Mechanism Capital.

• Zeek, a decentralized collaboration economy, raises $3M in Seed funding led by Everest Ventures.

• Ordinox, a Cosmos-based AMM chain, raises $1M in Pre-Seed funding.

• Farworld, a Social x Onchain x Gaming project on Farcaster, raises $1.75M in Founding funding co-led by Lemniscap & Variant.

• Avail, unification layer for web3, raises an undisclosed amount in Series A funding from OKX Ventures.

• Router Protocol, a cross-chain interoperability protocol, raises an undisclosed amount in Strategic funding.

The Degen Farmer