The highly anticipated upgrade will bring a 47% reduction in protocol costs and security fees on the Optimism mainnet.
Daily Bits…✍️✍️✍️
⚖️ A judge rejected the SEC's request to seal documents related to a 2018 cryptocurrency speech by ex-Director of Corporation Finance, Bill Hinman, a key issue in the commission's ongoing securities lawsuit against Ripple.
⏱️ Coinbase temporarily halted Ethereum staking reward payouts due to a minor technical glitch, which is expected to be resolved within 72 hours.
💬💸 Tron founder Justin Sun has criticized Li Wei, the brother of Huobi founder Li Lin, for allegedly profiting by selling millions of freely acquired Huobi tokens (HT), causing a fall in their price.
👋 France is opening its arms to crypto firms leaving the US due to regulatory uncertainty, highlighting its relatively predictable framework, as the country anticipates a surge in registered crypto companies following the recent approval of EU's MiCA regulation.
🔄 Balancer, a decentralized finance protocol, is planning a "permissioned arbitrage" of its “bb-e-USD” pool to recover approximately $300,000 in crypto frozen during the Euler Finance hack, before potential opportunists can claim it once it unfreezes on June 8.
🐕 Dogecoin's daily transaction volume hit an all-time high, briefly surpassing Bitcoin and Litecoin, after the introduction of DRC-20s.
Today in Crypto Adoption...
🍏 Apple's App Store will offer 'Axie Infinity: Origins', the play-to-earn crypto game developed by Sky Mavis, in select Latin American and Southeast Asian countries.
The $$$ Corner…
💻 Web infrastructure solutions provider Auradine raised $81 million in a Series A funding round, led by Celesta Capital and Mayfield.
💰 Bitcoin financial services provider River garnered $35 million in a Series B round, spearheaded by Kingsway Capital and participation from billionaire Peter Thiel.
🔨 Bitcoin mining startup Cormint Data Systems secured $30 million in a Series A round to construct a data center with a computing power of 2.4 exahash/second in Texas.
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