Charles Schwab Plans to Introduce Prediction Markets With Cboe for Wagering on the S&P 500's Performance: WSJ

The Ethereum Foundation has launched an "Audit Subsidy Program" to address the high cost of smart contract security audits. With a $1 million subsidy pool, the initiative aims to make professional security reviews more accessible to builders, supporting Ethereum's Trillion Dollar Security Initiative.

Kevin Warsh, President Trump's nominee for Federal Reserve Chair, disclosed a fortune exceeding $100 million, with investments in various sectors including crypto and emerging tech startups. His financial disclosure includes investments in Solana, dYdX, Dapper Labs, and other crypto ventures, as well as AI-focused and tech companies.

Tether introduced Tether.Wallet, supporting USDT, USAT, Bitcoin, and XAUT across various networks. Users can send funds using human-readable names and pay transaction fees in the transferred asset. The wallet is built on Tether's open-source Wallet Development Kit (WDK).

The Russian central bank plans to enforce regulations requiring citizens to declare overseas crypto holdings to the Federal Tax Service. This move aims to monitor and potentially restrict capital outflows from the country, aligning with the upcoming crypto legislation changes in July.

Goldman Sachs has filed for an ETF that sells options tied to Bitcoin's price to generate income for investors. The fund will allocate 80% of assets to Bitcoin exposure through ETFs and derivatives, using a subsidiary in the Cayman Islands to manage regulatory limitations.

An investigation revealed a fake Mac app posing as Ledger's self-custody software caused over $9.5 million in crypto assets loss from 50 users. The app, removed from the Apple App Store, laundered stolen funds through KuCoin deposit addresses.

Negotiations on stablecoin yield in the market structure bill are ongoing, with a draft compromise text expected to be released soon. The debate focuses on whether crypto exchanges can offer yield to stablecoin holders, a key issue delaying the Clarity Act.

Circle's CEO Jeremy Allaire has revealed plans to explore a token for the Arc Network, aiming to enhance governance and transition to a proof-of-stake system. The company envisions Arc evolving into a community-driven platform with expanded validator participation and community governance frameworks.

Bitcoin surged past $75,000, reaching its highest level since February, with a 5.5% increase in the last day and over 10% rise in the past week. Ethereum and other major coins also saw significant gains, contributing to a growing pile of liquidations in the market.

Scroll, the DAO behind Ethereum's layer-2 network, plans to dissolve its Security Council and transfer network control internally due to high costs. The recent migration of top dapp Ether.fi to Optimism's mainnet led to a significant loss in user accounts and locked value.