✅Another red week for crypto market, fourth in a row. Ethereum is starting to show relative strength and leading growth over the last day📈

Weekly news digest:

💎Crypto

🔸Fintech company Stripe will begin supporting transactions in USDC this summer

🔸Ape Terminal stated that ZKasinoIDO has been canceled, & all participants will receive refunds

🔸BNB Foundation announced that total of 1,94 millionBNB was burned

🔸Solana Saga Chapter 2 pre-orders have already received 2 airdrops that can offset price of phone📱

🏦Crypto exchanges

🔸Thailand will block unauthorized crypto platform

🔸The bankruptcy estate of FTX plans to auction an unknown number of Solana tokens this week

🔸Binance exec arrested in Kenya,faces extradition back to Nigeria

🔸USSEC will delay decisions on BlackRock & Grayscale applications for spot Ether ETFs

💵Finances & Economy

🔸Venezuela’s state-owned oil company PDVSA turned to USDT as a form of payment. Tether vowed to freeze assets Venezuela will use to bypass oil sanction❄️

🔸Franklin Templeton has tokenized a $380 million treasuries fund on Polygon & Stellar blockchains ⛓

🔸iconic "Buy Bitcoin" sign was sold at an auction for 16BTC🪧

🔸FBI warns Americans on "unregistered crypto money transmitting services"

⚖️Law and Order

🔸Consensys has filed a lawsuit against US SEC for what the company calls an “unlawful seizure of authority” after SEC accused MetaMask of acting as an unlicensed BrokerDealer

🔸 Federal Trade Commission voted to ban noncompete agreement

🔸New rules allow UK police to seize crypto holdings without being required to make an arrest

🔸China’s most prominent pro-blockchain official, Yao Qian, is under investigation by Chinese government

🔸Federal prosecutors charged Samurai Wallet founders to commit money laundering

🗣Personalities 

🔸US Senator Elizabeth Warren wants 1% crypto wealth tax

🔸US presidential candidate R.F. Kennedy Jr. wants to put US budget on blockchain

🚀Best performers:

Pepe-$0..0574(↑24%)

Bonk-$0..0255(↑21%)

Hedera-$0.10(↑17%)