‘Heroes of Mavia’ Launches MAVIA Token and Conducts Airdrop to 100,000 Players

An exploit on Raydium's deprecated liquidity pools resulted in over $1.34 million in stolen funds, affecting SOL, USDC, and RAY. The attacker bypassed validation logic to mint new tokens, prompting repayment from the firm's treasury.

Tether, the company behind USDT, invested up to $1.4 billion in NEURA Robotics, a German humanoid robotics firm, alongside other major investors like Nvidia and Amazon. NEURA Robotics focuses on developing various robotic systems for different industries, aiming to revolutionize the future of AI and robotics.

Privacy in crypto transactions was overshadowed by scaling and regulatory concerns, but a new Ethereum proposal, pERC-20, aims to bring back attention to private token transfers. Unlike traditional ERC-20 tokens, pERC-20 keeps sensitive details private, sparking discussions on privacy in public blockchains.

Botanix announced the shutdown of its Bitcoin-based layer-2 network, citing low user engagement and competition. Despite securing $8.5 million in funding, the project failed to gain traction due to users preferring Ethereum-based networks for leveraging Bitcoin holdings.

Bitcoin's recent drop below $60,000 has analysts speculating about a potential bear market bottom, with CryptoQuant reporting a realized price of $53,600. Despite a bounce, the firm believes there is insufficient demand for a significant price recovery soon.

Mastercard has launched Agent Pay for Machines, allowing AI agents to autonomously transact using cards, bank accounts, and stablecoins. This platform enables AI systems to make purchases and payments independently, facilitating transactions between AI agents, software platforms, and connected machines.

Inflation in the U.S. surged to 4.2% in May, the highest in three years, driven by rising energy costs amid global conflicts. The Federal Reserve is expected to maintain a restrictive policy stance due to these inflation numbers.

Paradigm and the Hyperliquid Policy Center raised concerns to U.S. regulators about proposed stablecoin anti-money laundering rules potentially impacting regulated dollar tokens in permissionless DeFi. They suggested separating primary issuance from secondary market activity to avoid discouraging issuers from deploying to blockchains.

Fold Holdings, a Bitcoin-centric fintech company, sold $45 million in Bitcoin to eliminate secured debt, freeing up $25 million for growth initiatives. The move doubled the firm's share price, signaling investor confidence in the restructuring and future product launches.

House Bill 441, which aims to ban cryptocurrency kiosks in Delaware, is advancing as lawmakers cite the need for consumer protection against fraudulent practices. The bill sponsors argue that the high fees associated with crypto ATMs make them vulnerable to exploitation by scammers.