Previously only available on the Ethereum blockchain, the DEX will now operate on both Shibarium and Ethereum.
cointelegraph.com
Chinese police bust $1.9B USDT underground banking racket [cointelegraph]
The authorities destroyed two underground operations in Fujian and Hunan, and the police also froze 149 million yuan worth $20 million linked to the USDT banking operations.
Boosting AI: Senators propose $32B investment plan for US tech growth [cointelegraph]
After months of meetings with industry experts and AI critics, four U.S. senators published what they say is a comprehensive roadmap for maintaining U.S. leadership in AI development.
Swiss leaders plan to enforce global crypto reporting framework [cointelegraph]
Switzerland plans to adopt global standards for crypto tax reporting, joining the Crypto-Asset Reporting Framework to improve transparency.
Bitcoin analysis sees $74K next as BTC price tries to hold 7.5% gains [cointelegraph]
BTC price action has its doubters after swiftly jumping to new May highs, but some see Bitcoin continuing upward momentum into price discovery.
Bitcoin whale demand accelerates, but price jump could ‘take weeks’ — Analysts [cointelegraph]
The break in Bitcoin’s daily downtrend and heightened demand from whales indicate Bitcoin’s price could jump, but analysts expected it to take a few weeks.
Millennium Management discloses $2B in Bitcoin ETF holdings [cointelegraph]
International hedge fund Millennium Management has reported it holds $1.94 billion across five different spot Bitcoin ETF products.
Eclipse founder Neel Somani replaced as CEO amid sexual misconduct claims [cointelegraph]
Eclipse’s chief growth officer Vijay Chetty was named CEO “effectively immediately” with the firm announcing that Neel Somani was departing.
Blockchain ID project Humanity Protocol hits unicorn status with $30M raise [cointelegraph]
Over half a million people are already on the waitlist for Humanity Protocol’s public testnet launch, expected to take place in the back half of 2024.
Vanguard’s new boss says Bitcoin ETF not on the table: Report [cointelegraph]
Salim Ramji wants to stick with Vanguard’s investment philosophy which excludes offering Bitcoin as it is too speculative an asset.