Global

The first full week of June saw a notable surge in institutional investment in Bitcoin via US-based exchange-traded funds (ETFs). Data from HODL15Capital indicates that these Bitcoin ETFs collectively acquired an impressive 25,729 BTC, equivalent to about two months' worth of the cryptocurrency's mined supply.

Keith Gill, also known as "Roaring Kitty," has re-emerged in the spotlight, and experts speculate that his impact could stretch beyond the realm of meme stocks to the Exchange-Traded Fund (ETF) market.

Singaporean authorities have issued a serious warning to businesses about the increasing danger of Bitcoin ransomware attacks. The Cyber Security Agency of Singapore (CSA) emphasized the rising frequency of these attacks, where hackers encrypt a company's data and demand payment in Bitcoin for its release.

The Sandbox is hosting a City Jam focused on Paris, inviting creators to bring the City of Lights to life in the metaverse. Participate and you could win a share of a 30,000 SAND token prize pool!

Bitcoin, the dominant cryptocurrency globally, has yet to reach its previous record highs despite a period of relative stability in the market. A novel explanation for this challenge has emerged from crypto research firm 10x Research. They suggest that a decline in the creation of stablecoins is a significant contributing factor.

Cryptocurrency exchange giant Binance is making waves with a bold claim: mainstream adoption of crypto has arrived. According to Binance, the number of crypto users has surpassed the "early adopters" stage and is now firmly in the "early majority" phase.