Author: Cointelegraph by Ezra Reguerra
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OpenSea expands beyond NFTs with OS2 public rollout
OpenSea launches OS2 platform, expanding beyond NFTs to support fungible tokens across 14 blockchains. The update enhances crosschain functionality and user retention, with NFT buyers increasing by 50% in May.
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No more ETH dumps? Ethereum Foundation turns to DeFi for cash
The Ethereum Foundation borrowed $2 million in GHO stablecoin from Aave, signaling a shift toward DeFi strategies for managing its treasury and reducing ETH sell-offs.
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Arkham claims to have found 87% of Strategy’s Bitcoin
Arkham Intelligence claims to have identified 70,816 BTC linked to Strategy, totaling $54.5 billion, representing 87.5% of its Bitcoin holdings, despite Saylor’s privacy concerns.
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Metaplanet issues $50M in new debt to buy more Bitcoin
Japanese firm Metaplanet issues $50M in zero-interest bonds to buy more Bitcoin, increasing its holdings to 7,800 BTC. The move reflects strong confidence in Bitcoin’s long-term value.
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Ethereum co-founder responds to Sweden’s cashless-society rethink
Ethereum co-founder Vitalik Buterin comments on Sweden’s cashless society reconsideration, emphasizing decentralized payment resilience amid centralized system fragility during crises.
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$3.3B in crypto tokens set to unlock in June
In June, $3.3 billion in crypto tokens will be unlocked, a 32% drop from May. Major projects like Metars Genesis and Sui will release tokens for investors, teams, and partnerships.
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CZ refutes claims in latest WSJ article on Trump-linked crypto dealings
Binance’s CZ denies WSJ claims about facilitating Trump-linked crypto dealings, calling the report inaccurate and an attack on cryptocurrency. He refutes involvement with World Liberty Financial and organizing foreign meetings.
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Dubai regulator clarifies real-world asset tokenization rules: Lawyer
Dubai’s VARA updated its crypto regulations, clarifying rules for real-world asset (RWA) tokenization. Issuers must comply by June 19, meeting licensing, capital, and disclosure requirements.
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Bold Technologies and My Aion launch $2.5B smart city AI platform
Bold Technologies and My Aion launch a $2.5B AI platform for smart cities, starting in Abu Dhabi. The Aion Sentia Cognitive City will optimize urban systems using AI, with plans for global expansion.
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SEC’s Peirce says NFT royalties do not make tokens securities
SEC Commissioner Hester Peirce stated that NFTs with royalty mechanisms likely aren’t securities, comparing them to artist royalties in streaming platforms. Legal experts clarify this position isn’t new or controversial.
