Here are the latest developments in the crypto market

- President Biden vetoes a bipartisan resolution aimed at overturning SEC's controversial crypto guidance.

- Stablecoins see $846 billion in on-chain trades in May.

- EOS Network unveils a new token model with a fixed supply of 2.1 billion tokens.

- Japanese exchange DMM Bitcoin hit with a $300 million hack.

- Franklin Templeton files an updated form for its Ethereum ETF and discloses a 0.19% fee.

- (link unavailable) debuts Wrapped Bitcoin on Solana, targeting $1 trillion in idle Bitcoin funds.

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