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Bitcoin ETFs sucked up 2 months of BTC mining supply last week

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In the first full trading week of June, U.S. Bitcoin ETFs acquired almost as much Bitcoin as they did in the entire month of May.

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Coin Market

Iran’s largest crypto exchange founded by sons of family tied to supreme leaders: Reuters

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Nobitex, Iran’s largest crypto exchange, was founded by brothers linked to the powerful Kharrazi family, which has ties to the country’s supreme leaders.

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New York forces Uphold to pay $5M over fraudulent crypto investment scheme

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New York AG Letitia James secured a $5 million settlement from Uphold for promoting CredEarn, a crypto savings product that misled users about its risks.

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Crypto industry will be ‘just fine’ if CLARITY Act doesn’t pass: Chris Perkins

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The efforts of the SEC and CFTC chairmen indicate that the crypto industry will not suffer without the CLARITY Act, according to crypto executive Chris Perkins.

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