“A true friend never gets in your way unless you happen to be going down.”
- Arnold H. Glasow

brought to you by STRIKE- Get $10
Buy $BTC and Use the Bitcoin Payments Network at Zero Cost
Better than Venmo and PayPal combined

Happy Saturday Folks! Another week in the books and there were some pretty good news articles that were covered by multiple publications; indicating their significance. My hope is that you make some time to read some of them and listen to a few of the podcast because many of them are great! 

As the bear market lingers on, it's easy to get down about it, but here is the deal - IF you truly believe Bitcoin to be what you say Bitcoin is, now is the time to stack sats even more aggressively. Bitcoin is giving you the opportunity to accumulate 1 BTC (remember there will only be about 21M and 4M are lost!) so let's get to it people!  

CRYPTO MARKET

• Jay-Z and Jack Dorsey announce funding for free Bitcoin education program (Finbold | TB | BIC)

LEGISLATION/REGULATION

• Senators Gillibrand and Lummis release long-awaited cryptocurrency bill (TB | Coindesk | Finbold | Blockworks | Cointelegraph | TDH | BIC)
• SEC is investigating Binance's BNB token: Bloomberg (TB | Cointelegraph | Blockworks | BIC | CryptoPotato | TDH)
• Grayscale hires Obama's former Supreme Court lawyer for legal push against SEC (TB | Blockworks | CryptoPotato | Cointelegraph | BIC | Finbold)
• Digital asset bank Custodia is suing the Federal Reserve over an application delay (TB | Cointelegraph | CryptoPotato | TDH)

ON RAMPS

• Paypal Allows Withdrawal of Bitcoin and Ethereum to Personal Wallets (CryptoPotato | Bitcoinist | TB | EWN | Cointelegraph | BIC | Blockworks)
• Citadel Securities is gearing up to launch a crypto trading ecosystem for brokers (TB | Blockworks | BM)

BITCOIN

• Bitcoin ‘Bart Simpson’ returns as BTC price dives 7% in hours (Cointelegraph | BIC | CryptoPotato | UToday | Coindesk)

ALTCOINS

• Top South Korean Crypto Exchanges Set Litecoin (LTC) Delisting Date Following MimbleWimble Upgrade (UToday | Cointelegraph | TB | Decrypt | ZyCrypto | BIC | Cointelegraph)
• Cardano $ADA Up 13.5% in Past 24 Hours (Cryptoglobe | Finbold | UToday | EWN)
• Cardano tops poll as the most held crypto in a bear market (Finbold | Bitcoinist | Cryptoglobe | ZyCrypto)

STABLECOINS

• Stablecoin Leader Tether (USDT) Launches on Tezos Blockchain (CryptoPotato | TB | Decrypt | Cointelegraph | Decrypt | BIC)
• New York state releases guidance for issuing dollar-backed stablecoins (Cointelegraph | TB | Finbold)

ACCEPTANCE

• Octagon Networks is the first cybersecurity firm to convert its entire balance sheet to Bitcoin (Finbold | BM | Cryptoglobe | Cointelegraph)
• Over 90% of U.S. businesses accepting crypto see revenue grow, data shows (Finbold | BIC | Bitcoinist)

BLOCKCHAINS

• Ethereum just completed a successful dress rehearsal for its most important upgrade ever (CNBC | EWN | Trustnodes | BIC)
• Ethereum’s Merge Upgrade Goes Live Today on Ropsten Testnet (Decrypt | Trustnodes | TB | EWN | Blockworks)

THE BAD

• Crypto Scammers Have Drained Over $1 Billion From Consumers Last Year – FTC (Bitcoinist | TDH | BIC | TB | Blockworks | Cointelegraph)
• Attackers loot $5M from Osmosis in LP exploit, $2M returned soon after (Cointelegraph | CryptoPotato | TB)

FOLLOW DAT MONEY

• Solana Raised $100 Million to Support Crypto Projects in South Korea (CryptoPotato | Cointelegraph | TB)

PODCASTS

• The Pomp Podcast: #990 The State of the 2022 Economy
• The Pomp Podcast: #993 Dylan LeClair On The Bitcoin Miner Bear Market
• The Pomp Podcast: #995 Nik Bhatia On Why Bitcoin Is The Layered Money We Need Now
• The Breakdown: How Crypto Wealth Will Change the Impact Sector
• The Breakdown: So We Are Not Heading Into A Recession?
• The Breakdown: The First Comprehensive US Crypto Legislation Is Here
• The Breakdown: The Great Repricing Comes to Crypto
• The Wolf of All Streets: The Real Threat To Bitcoin | Michael Moro, Genesis Global Trading
• The Wolf of All Streets: The Future Of Crypto Mining | Peter Wall, Argo CEO
• The Wolf of All Streets: Why Everybody Should Have Bitcoin | Eric Weiss & James Putra
• What Bitcoin Did: A Lesson In Volatility With Dan McArdle
• Bitcoin Takeover: S11 E5: Charlie Lee on Mimble Wimble Extension Blocks (MWEB)
• Bitcoin Fundamentals:  BTC081: Bitcoin Legal Tender & International Adoption w/ Mike Peterson
• Untold Stories: Accelerating Crypto Adoption with Michael Shaulov
• The Scoop: Marathon CEO explains the 3 key factors that make or break a bitcoin mining company
• Bitcoin Audible: Read_629 - On Impossible Things Before Breakfast [NYDIG]
• The Crypto Conversation: Powerledger - trading renewable energy
• Decrypt Daily: June 7: Bipartisan Crypto Bill, SEC & BNB, Epic Games Epically Unhappy
• TFTC: #337: Q1 2022 Monetary Base Update with Matthew Mežinskis
• Bitcoin Magazine: Hyperinflation will Teach People a Lesson w/ Caitlin Long
• Bankless: Ethereum Merge Updates! | Tim Beiko