- Wallet-as-a-Service provider Magic raises $52 million in funding with PayPal Ventures leading the round.
- Cryptocurrency infrastructure company Anoma Foundation secures $25 million in funding, led by CMCC Global.
- 500 million XRP unlocked from custodial account and transferred to an unknown address.
- The European Union officially signs MiCA regulation into law, with provisions taking effect in 12 to 18 months.
- USDT’s total circulating market cap surpasses $83.2 billion, reaching an all-time high.
- Elon Musk’s net worth reaches $192 billion, overtaking the LVMH Chairman to become the world’s richest person again.
- Binance bans French users from trading privacy tokens citing regulatory requirements.
- ENS domain name registrations hit a one-year low with 16,175 registrations in May.