🪙 Crypto News (June 2, 2024):

1️⃣ The Block: Terraform Labs and its former CEO, Do Kwon, have reached a "preliminary agreement" with the U.S. Securities and Exchange Commission (SEC). 📜

2️⃣ Mythical Games: Mythical Games has announced a partnership with Pudgy Penguins. The company plans to release a mobile game based on the popular #NFT collection in 2025. 🐧

3️⃣ Bitdeer: #Tether has invested $100 million in Jihan Wu's bitcoin mining company, Bitdeer, in the form of equity capital. The deal includes a warrant for an additional 5 million shares worth $50 million. 💰

4️⃣ Blockchain Life 2024: The renowned Blockchain Life forum is returning to Dubai on October 22-23, 2024. As #Dubai continues to establish itself as a global crypto hub, Blockchain Life 2024 is set to be the year's premier crypto event, drawing top industry leaders from around the world to this crypto capital. 🌍

5️⃣ Justice: The founders of #HashFlare have been extradited to the U.S., facing charges related to a $575 million Ponzi scheme. The indictment includes 18 counts, such as conspiracy to commit fraud and laundering illicit funds. ⚖️

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