Terraform Labs To Dissolve

️ On today's Top Picks:

Crypto News

• US SEC Chair Gary Gensler estimates Ethereum ETF S-1 approvals by end of Summer.

• ⭐️ Terraform Labs to dissolve following $4.47B SEC settlement.

• Ripple $XRP argues for lower than SEC's proposed $2B fine citing Terraform settlement.

• Nigeria FIRS drops tax charges against Binance executives & revises to Binance representative.

• Gemini crypto exchange to pay $50M in settlement with NYAG.

• Cardano $ADA to hand over control of ~$682M treasury to the community.

• MetaMask introduces Pooled Ethereum Staking powered by Consensys Staking.

• Eigen Labs acquires Rio Network to accelerate mission of creating an open verifiable cloud.

• Stacks $STX block generation pauses for 9+ hours due to block interruption.

Alpha

• Earndrop's Weekly Airdrop Claims, Checkers & News.

• ⭐️ LayerZero Foundation $ZRO posts 06.20.2024 on X.

• Blast launches Gold Distribution 5 (10M Blast Gold) to dapps this week.

• Zapper introduces Zapper Protocol powered by $ZAP token.

• Caldera launches Quest #7 of Caldera Crusade on Galxe.

• Uniswap adds support for ZKsync ahead of $ZK airdrop.

• Catalyst distributes Round 3 of Catalyst's Egg Drop.

• Infinex introduces CRATERUN campaign beginning June 25th.

• ICYMI Nekodex by Perpetual Protocol thread by Earndrop.

Airdrops

• ZKsync makes no changes to $ZK airdrop, claiming begins June 17th.

• ⭐️ Eigen Phase 2 of the Season 1 $EIGEN stakedrop to launch next week.

• penumbra launches airdrop eligibility checker.

• Azuro launches $AZUR airdrop eligibility & allocation checker.

• Pirate Nation by Proof of Play launches $PIRATE airdrop.

• Orderly Network launches $ORDER airdrop eligibility & allocation checker.

• Lista unveils $LISTA airdrop details, claiming begins June 20th.

• Nostra unveils $NSTR airdrop details, claiming begins June 17th.

• Mystiko Network unveils 1st Airdrop details with points checker launching on June 18th.

• ICYMI Solv Protocol Airdrop Strategy by Earndrop.

• 16 Airdrop Claims by Aram Z.

Finance News

• ⭐️ MicroStrategy $MSTR to raise $700M to purchase more Bitcoin $BTC.

• US President Biden to accept crypto donations through Coinbase Commerce.

• Riot Platforms $RIOT buys $3.87M worth of Bitfarms $BITF shares.

• Elon Musk's $56B pay package approved by Tesla $TSLA shareholders.

Security and Exploits

• UwU Lend exploited again by same attacker for ~$3.7M.

• Holograph Operator Contract exploited enabling the attacker to mint 1B additional $HLG.

• Microsoft delays rollout of controversial AI-powered Recall feature.

• Google discloses security flaw impacting Pixel firmware.

Token Unlocks

• Starknet / 64M $STRK / ~$63M / JUN 15
• Render / 760.57K $RNDR / ~$6M / JUN 16
• Arbitrum / 92.65M $ARB / ~$87M / JUN 16
• ApeCoin / 15.6M $APE / ~$17M / JUN 17
• Nym / 2.96M $NYM / ~$411K / JUN 17

Funding

• ⭐️ Paradigm raises $850M venture fund focusing on early stage crypto projects.

• Equilibrium Group launches Equilibrium Ventures, raises over $30M.

• Nuffle, a NEAR DA & Fast Finality Layer AVS, raises $13M in funding led by Electric Capital.

• Unite, an L3 chain solution for mobile games, raises $3M in Seed Extension funding from Superlayer.

• GenomesDAO, a platform for monetization of genomic data, raises an undisclosed amount in funding from Pantera Capital & Modular Capital.

• CARV, a Modular Data Layer for Gaming & AI, raises an undisclosed amount in funding from double jump tokyo.

The Degen Farmer