Linea Halts Network

️ On today's Top Picks:

Crypto News

• ⭐️ Binance Founder Changpeng Zhao begins prison sentence in California.

• MicroStrategy Founder Micheal Saylor reaches $40M deal to settle income tax charges.

• ⭐️ Matter Labs drops all trademark applications for “ZK” following discussion & feedback.

• Taiko commits 10M $TAIKO to Protocol Guild & its 170+ L1 maintainers.

• Binance to delist OmiseGO $OMG, Waves $WAVES, Wrapped NXM $WNXM, & NEM $XEM on June 17.

• US President Joe Biden vetoes resolution to overturn SEC’s SAB 121 accounting rules.

• Binance to restrict availability of Unauthorized Stablecoins for EEA users.

• Coinbase donates $25M to crypto super PAC Fairshake, following Ripple & a16z.

• US Senator Ted Cruz posts "I just bought 3 Bitcoin miners that started hashing today.." on X.

Alpha

• Optimism releases commemorative Onchain Summer NFT on Zora.

• ⭐️ Linea to drop LXP for Linea Park soon; confirm PoH status by June 5th.

• =nil Foundation posts "Devnet is coming" on X.

• Caldera launches Quest #4 of Caldera Crusade on Galxe.

• Rabby alludes to a snapshot with picture of a camera on X.

Airdrops

• Ultiverse unveils $ULTI token airdrop & claim details with TGE coming soon.

• Nostra introduces $NSTR token with snapshot, TGE, & airdrop coming soon.

• ICYMI Rivo Airdrop Confirmed by Earndrop.

• ICYMI Elixir Airdrop Strategy by Earndrop.

Finance News

• Berkshire Hathaway $BRK.A & several other stocks fall amid technical issues.

• ⭐️ Gamestop $GME stock halted amid price volatility.

• Tether buys $100M stake in Bitcoin miner Bitdeer $BTDR with option to buy another $50M.

• FTX offloads remaining Anthropic shares amid rising bankruptcy costs.

• Gryphon Digital Mining $GRYP to join Russell Microcap Index $RUMIC.

• Microsoft $MSFT to invest $3.21B to expand cloud and AI infrastructure in Sweden.

Security and Exploits

• ⭐️ Linea temporarily halts block production amid Velocore DEX hack.

• Privacy Guides warns against using Raivo 2FA due to deletion of TOTP codes & forced subscription model.

• Fake Web Browser Updates are being used by cybercriminals to deliver malware.

• Cox modems flaw allowing unauthorized access to devices uncovered by researchers.

Token Unlocks

• Liquity / 657.35K $LQTY / ~$763K / JUN 05
• Galxe / 2.03M $GAL / ~$7M / JUN 05
• Euler / 60.56K $EUL / ~$284K / JUN 06
• Hashflow / 13.62M $HFT / ~$4M / JUN 07

Funding

• Neynar, an infrastructure platform for Farcaster, raises $11M in Series A funding led by Huan Ventures.

• Fortunafi, a real-world asset (RWA) tokenization platform, raises $9.51M in Strategic & Seed funding.

• ARPA, a permissionless threshold network, raises $6M in Strategic funding led by Nomura’s Laser Digital.

• Smart Transactions, a transaction creation and execution framework, raises $5.5M in Seed funding.

• Trala, a Web 3.0 all-in-one gaming platform, raises $5M in funding.

• Mint, a native Ethereum L2 for NFTs, raises $5M in Seed funding.

• Marketnode, a digital market infrastructure firm, raises an undisclosed amount in Series A funding led by HSBC.

• beoble, a chat solution for Web3, raises an undisclosed amount in funding from Ripple.

• CARV, a modular data layer for gaming & AI, raises an undisclosed amount in Strategic funding from Animoca Brands.

The Degen Farmer