Crypto Newsletter

  • X is set to add crypto trade buttons

  • Fixing the credit business is key: Saylor

  • Security firm Socket linked 77 Firefox extensions to a wallet-stealing campaign, confirming 40 as malicious impersonations of OKX, Rabby, and TronLink

  • 39 US state bank groups plan BankChain 2027

  • Robinhood Chain tokens keep climbing

  • Japan's FSA, Finance Ministry, and central bank will form a study group this summer on blockchain rails for around-the-clock settlement of stocks and government bonds

  • Circle valuation debate widens on Wall Street

  • Monad proposes quantum-safe passkey wallets

  • Grayscale’s Zcash fund began trading Tuesday on NYSE Arca under the ticker ZCSH, converting a trust that has existed since October 2017

  • Kinetiq unveils Elysium L2 for Hyperliquid

  • The Blockchain Association urged regulators to keep stablecoin identity checks at the issuer level, warning that extending KYC to peer-to-peer transfers would “cripple the industry”

  • 99%+ of agent payments use USDC: Circle

  • Kraken locks accounts after HTX dust attack

  • Bitwise launched Automated Token Portfolios built on Coinbase’s tokenized stocks, letting eligible non-US investors hold AI, robotics, and Magnificent Seven baskets in their own wallets

  • Pi Network hikes App Studio fee to 30.3 PI

  • Visa taps Nium for stablecoin settlement

  • A federal jury convicted Block Bits Capital founder Japheth Dillman of wire fraud and conspiracy for raising nearly $1 million on trading software he knew did not work

  • Kalshi has raised $1.12b since April

  • Term Finance shuts vaults after $8.5m hack

  • Thirty-nine state banking associations signed on to the BankChain Alliance, a bank-owned network for tokenized deposits, stablecoins, and payments targeting a 2027 launch

  • Fake Firefox wallet extensions steal crypto

  • Thai SEC proposes BTC, ETH ETFs

  • Japan plans 24/7 stock, bond chain settlement

  • Goldman Sachs raised its Coinbase target to $196 from $173 on Tuesday, keeping a Buy & pointing to derivatives and prediction markets, while Canaccord lifted Strategy to $175 from $130 on what it called a materially brighter setup

    AI & NFT

    • Copper draws bids below its $500M ask

    • Pudgy whales sweep 26 NFTs for 113 ETH

    • OpenAI data center chief Malone exits

    • Anthropic to pitch potential $30T+ revenue

    • Pumpfun did $2.4M in revenue yesterday, its highest daily total

    • Perplexity launches a local GPU AI model

    • Amazon shuts its 'artificial AI' service

    • Apple App Store sales fall, first in a decade

    • RH Machines (+46%) and Hedgehogs (+18%) led top movers

    • FWAIR PFPs fell 11% to a 2.88 ETH floor while the Token Works team published a post mortem from the first launch

    • Mac Studio M5 Ultra is 4x faster on AI

    • Mistral and HUMAIN build Saudi sovereign AI

    • SpaceX to build $100b Louisiana Starbase

    • Rainmaker’s drones boosted Alaska rainfall

    All the best!

    If you're interested in staying updated on Blockchain, Nfts and Web3 adoption, we warmly invite you to subscribe to https://www.linkedin.com/newsletters/clifford-minutes-7176265630138916864 or connect with me Obi Clifford Sopulu

    We eagerly await your thoughts in the comments on today's newsletter 🙏