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Ark Investment Management, under the leadership of Cathie Wood, has chosen to withdraw from the race to introduce a spot-Ether exchange-traded fund (ETF) in partnership with 21Shares.

Unlike previous Bitcoin halving events, the fourth halving saw a distinct change. While miners now receive reduced block subsidy rewards from 6.25 BTC to 3.125 BTC, they still earn additional rewards from transaction fees per block.

Despite Cardano's higher market capitalization compared to Litecoin by nearly $10 billion, its network activity falls significantly short. On May 31st, Litecoin recorded 357,260 active addresses, whereas Cardano only had 28,630, indicating a substantial difference in user engagement.

Changpeng Zhao, the ex-CEO of Binance, has started serving his four-month term in a minimum-security federal penitentiary located in Lompoc, California, as reported by CNBC.

Gabor Gurbacs, a strategic advisor at Tether, which issues USDT, highlighted Bitcoin's capacity to transform the way central banks manage and safeguard national reserves. He cited India's logistical difficulties with gold as a notable illustration of this potential.

Following a flawed airdrop that resulted in over $26 million in compensation to users, several executives at the crypto exchange Bybit have changed positions. Reports of these leadership changes emerged on May 31, with a Bybit spokesperson stating that the company regularly updates its business structure.