A Hong Kong court convicted a man for providing investment advice in a his personal paid telegram group. He is a licensed representative with the HK SFC, but he can only act for the companies for which he is affiliated.
https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=24PR110

Due to the mandatory donations for the LayerZero airdrop, which caused Arbitrum congestion and pushed up the network gas fee, on June 20, Arbitrum rollup revenue reached $3.43 million and net profit was $3.29 million, setting a record high for a single day. After the LayerZero airdrop was opened, the median Arbitrum gas fee once soared to nearly 35 gwei. https://t.co/CiKVuCjvQ1

Canadian crypto asset company 3iQ announced that it has applied to launch Solana ETP in Canada. The proposed ETP is called Solana Fund and will provide Canadian investors with SOL investment opportunities. If approved, the fund will be listed on the Toronto Stock Exchange and will also provide staking income generated by the Solana network.

The two founders of Gemini announced that they had each donated $1 million worth of Bitcoin to the Trump campaign and would vote for him in the November election. They criticized the Biden administration for weaponizing multiple government agencies to bully and sue the cryptocurrency industry.

According to Fortune, the U.S. CFTC is investigating the cryptocurrency business of trading firm Jump Crypto, including its trading and investment activities. Jump Crypto was involved in the $325 million Wormhole hack and lost nearly $300 million in the FTX crash. Jump Crypto played an important role in the Terraform Labs case.

According to NHK, BitFlyer, one of Japan's largest cryptocurrency exchanges, is negotiating to acquire FTX Japan, the Japanese subsidiary of the bankrupt FTX Trading, and will take over its business. The acquisition is expected to involve billions of yen (tens of millions of dollars).

LayerZero is introducing a new claiming mechanism called Proof-of-Donation, which will result in $18.5 million donated to Protocol Guild, a collective funding mechanism for Ethereum developers. To claim ZRO, users must donate $0.10 in USDC, USDT, or native ETH per ZRO. This small donation goes directly to the Protocol Guild. The LayerZero Foundation is matching all donations up to $10 million.

Upbit, South Korea's largest cryptocurrency exchange, announced that it will launch LayerZero (ZRO)'s KRW, BTC, and USDT markets. Trading will begin at 21:00 local time on June 20. OKX and Bithumb also announced that they will launch LayerZero (ZRO).
https://upbit.com/service_center/notice?id=4307

According to Cyvers CTO @Meir_Dv, a Certik-associated address: 0x1d…7ac9 created a contract: 0x45…CeA9 on the Base on May 24, which casts doubt on Certik’s claim that the vulnerability was discovered on June 5. The address is also testing OKX and Coinbase on May 24 to see if there is the same vulnerability as Kraken.

Blast said its token airdrop activity will start in a week. If the user has Gold or points in EOA, they need to log in to the Blast dashboard at least once with the EOA to include it in the airdrop calculation. In addition, DApps must distribute all Gold or points to users before 20:00 UTC+8 on June 25.

Greesklive: Block calls rose significantly today. 67,000 ETH Block call traded options. ETH largest traded contract for the September 4,000Call, BTC largest traded contract for the December 90,000Call, which are forward OTM call options. Not long ago just a giant whale transferred $100 million worth of ETH into Deribit.

According to DLNEWS, analyst at Pantera Capital said Biden is privately asking the SEC to change the rules on its own. Biden is sincere about his shift to the crypto industry. He is reluctant to publicly oppose his appointed SEC Chairman Gary Gensler, but his recent presidential campaign is reportedly moving closer to the crypto industry.

QCP: Despite uncertainty around the reception of the ETH ETF, capturing 10-20% of Bitcoin ETF flows could propel ETH above 4,000, nearing its peak of 4,800. The options market has also reflected this optimism, with the desk observing heavy buying activity of top-side calls across various tenors.

CertiK claims to have recently identified a series of critical vulnerabilities in Kraken exchange which could potentially lead to hundreds of millions of dollars in losses. A huge amount of fabricated crypto (worth more than 1M+ USD) can be withdrawn from the account and converted into valid cryptos. CertiK claims to have been threatened by Kraken.