The latest weekly summary includes a wave of major developments, Vitalik Buterin’s criticism on WorldCoin’s digital identity ambitions in the final curtain in the Ripple-Sec. Robinhood made waves by introducing future Crypto micro Crypto, while governments of states and cash societies continued to double on Bitcoin.
With regulatory changes, technological upgrades and institutional documents that take place simultaneously, the cryptographic landscape evolves faster than ever. Here is your overview of the biggest stories you need to know.
Buterin raises concerns about the world’s digital identity approach
- The co-founder of Ethereum (ETH), Vitalik Buterin, published a Saturday post expressing reservations on digital identity projects like World, which claims to have more than 13 million unique humans as verified users.
- Buterin specifically discussed risks and rewards of digital identification projects using zero knowledge of knowledge. He argued that platforms like the world supported by Sam Altman could eliminate pseudonymat that many Internet users, especially in cryptocurrency, value.
Ripple and dry conclude a long -standing legal battle
- The CEO of Ripple, Brad Garlinghouse, revealed that the company would withdraw its call to the call, while the SEC should withdraw its call as previously indicated.
- Garlinghouse said on X that Ripple “closes this chapter once and for all, and focus on what is most important – the construction of the Internet of value”.
Robinhood is launching future micro-co-rings-monnaies
- The digital brokerage added the future micro XRP (XRP) and Solana (ground) to its platform on Friday.
- The company has also introduced a micro-verse from its existing Bitcoin (BTC) offer, offering smaller positions for retail investors.
Bakkt files a range of 1 billion dollars titles
- Digital Asset Platform Bakkt Holdings informed the dry of the plans to sell up to $ 1 billion in titles to provide capital for a potential expansion of the Bitcoin Treasury.
- Thursday’s S-3 deposit creates a flexible pool of titles, including ordinary actions, privileged actions, debt securities, mandates and group action units that can be used when market conditions become favorable.
Metaplanet makes a third purchase of Bitcoin
- The Bitcoin cash company, based in Japan, has acquired an additional 1,234 bitcoin worth almost $ 132 million.
- The company paid 15,617,281 yen per token, or about $ 108,129 at current exchange rates.
Kraken develops with the EU payment application and license
- The San Francisco Buzza Brak launched Krak on Thursday, a peer payment application in competition with Cashapp and Venmo.
- In addition, Kraken has received authorization to operate in Ireland under the EU markets regulations in crypto (Mica).
Sofi announces the return to trading of cryptocurrencies
- The San Francisco-based financial services company revealed on Wednesday that it will resume the offer of trading and cryptocurrency guard services later this year.
- Users will be able to exchange and maintain popular cryptocurrencies, including Bitcoin and Ethereum via the Sofi platform.
Ripplex releases a major network upgrade
- XRP LEDGER’s development team launched version 2.5.0 of “ONDAGED”, the reference implementation of the network.
- The new amendments are currently available to vote via the Ledger XRP amendment procedure, which requires two weeks of support of more than 80% of confidence validators for protocol changes.
The Sharplink game continues the accumulation of Ethereum
- The MINNESOTA -based affiliation marketing company made its second purchase from ETH between June 16 and 16, acquiring 12,207 ETH for around 30.7 million dollars.
Ledger secures the first professional sports sponsorship
- Ledger concluded a multi -year agreement with the San Antonio Spurs, marking its first sponsorship agreement for the professional sports uniform.
- The Ledger logo will appear on the team’s jersey from this week during the NBA draft.
The POSPIANO Procap acquires initial Bitcoin holders
- The new Bitcoin Treasury company, recently revealed by Anthony Pose, bought its first 3,724 BTCs at a weighted average price of $ 103,785 per room.
- The acquisition was estimated at around $ 385 million. The company aims to accumulate $ 1 billion dollars dollars.
The strategy adds a modest purchase of Bitcoin
- The largest Bitcoin portfolio company listed in balance sheet has acquired additional 245 BTC for $ 26 million.
- This purchase brings the total strategy assets to 592,345 BTC.
Texas establishes the Bitcoin reserve of the State
- Friday, Governor Greg Abbott signed Bill 21 of the Senate, officially creating the Strategic Reserve of Texas Bitcoin and by making the third American state to establish such a program.
- The reserve is designed to serve as “coverage against inflation and economic volatility”, the state controller authorized to buy, sell, hold or manage investments in the reserve.
