OKX swings into action for protection
After the identity theft hack, OKX has taken action for protection. OKX has taken responsibility for the identity theft hack and covered the losses, but it has found no insider involvement. To avoid more such incidents, OKX has released its latest iOS 6.71.1 version for better protection. The exchange has removed the SMS verification code for withdrawals and implemented double verification via email and an authenticator. (Wubits / Grill).
POLITICS
Donald Trump lures US Bitcoin miners by assuring them of support from White House. CleanSpark co-founder praises Trump. (Wubits / Grill)
Political Finance (PolitiFi) rising in its own space of the cryptoverse, competing with each other for investors. HUNTERBODEN token recently caused a stir in the market (Wubits / Grill)
MEMECOINS
Newly developed Moonbag memecoin is luring investors from well-known projects like Immutable X and Internet Computer. Rumors of getting listed at Coinbase. (Wubits/ Grill)
ETF
The U.S. spot Bitcoin ETFs saw net outflows of $200 million on June 11, which is seen as an effect of the upcoming FOMC meeting. (Wubits / Grill)
GameFi
Telegram-based tap-to-earn web3 game Pixelverse raises $5.5 million, Over 15 million users have already joined Pixelverse. (Wubits / Grill).
LEGAL
Uniswap Labs has appointed former Coinbase legal executive Katherine Minarik as its new CLO (Chief Legal Officer), to deal with SEC threat. (Wubits / Grill).