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- 👨⚖️ Senate Votes to Repeal SEC Crypto Rule. In a 60-38 vote, the Senate moved to repeal the SEC’s policy requiring firms that custody crypto to record customer holdings on their balance sheets as liabilities.
Read more on Bankless. - 👠 Pump.fun Hit for $2M in Flash Loan Exploit. Solana's buzzy memecoin launcher hit with attack.
Read more on Bankless. - 🚀 Blast's Token Airdrop Delayed. The L2's long-awaited drop will now take place June 26.
Read more on Bankless.
📊 Fall from Grace. The token of synthetic dollar stablecoin issuer 
Ethena underwent an impressive post-launch surge, but once the initial rally petered out, ENA found itself caught in a perpetual downtrend! Why has ENA continued to plunge, and what moves is the team making to bolster adoption of its stablecoin?
| Prices as of 4pm ET | 24hr | 7d |
|
Crypto $2.35T | ↘ 1.3% | ↗ 1.7% |
|
BTC $65,133 | ↘ 1.1% | ↗ 4.4% |
|
ETH $2,941 | ↘ 2.4% | ↘ 2.5% |
Bitcoin
Bitcoin has had an explosion in development.
It’s evolving from being laser-eyed on BTC as an asset to a more dynamic ecosystem that has different things for people to use, build, and speculate on.
Within the Bitcoin ecosystem, L2s are now the new hot thing. Everyone wants a piece of the Bitcoin L2 pie. But what’s the hype all about?
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