TON: DOGS has led to the largest meme TGE in cryptocurrency history, including 53M users engaged with the DOGS Mini App, 42.2M were eligible for the token airdrop, 17M users claimed their airdropped tokens, 4.5M unique holders. We anticipate even larger TGEs for Catizen and Hamster Kombat. The network will undoubtedly face more technical pressures

Singapore police are investigating seven individuals suspected of providing Worldcoin accounts and token trading services, and have arrested five people. Three men are suspected of recruiting people to create Worldcoin accounts on behalf of multiple entities, and then controlling these accounts and tokens in exchange for cash.

https://cryptonews.com/news/singapore-worldcoin-account-sales-investigation/

Cryptonews

Singapore Launches Investigation Into Worldcoin Account Sales

Singapore police are investigating seven individuals for allegedly offering to buy and sell Worldcoin accounts and tokens.

Friend.tech creators walk off with $44m as protocol shuts down

DL News

Friend.tech creators walk off with $44m as project shuts down

The project’s creators have irreversibly revoked their ability to make changes to it.

ZKsync Era’s airdrop fails to halt decline in transactions and active addresses

The Block

ZKsync Era's airdrop fails to halt decline in transactions and active addresses

The 7-day moving average of active addresses fell from over 455,000 at the end of February to just 218,000 on June 10.

According to Blur, NFT prices have fallen sharply in the past 24h, with BAYC and Pudgy Penguins both falling below 10 ETH. Pudgy Penguins is facing a large number of liquidation auctions, and there are more than 130 Pudgy Penguins in auction status in Blend.

Coinbase as an entity holds a vast fraction of both aggregate exchange balances, as well the US Spot ETF balances via its custody service.

The Coinbase Exchange and Coinbase Custody entities currently hold an estimated 270k and 569k BTC respectively.

ZetaChain, an L1 blockchain for chain abstraction, announced the first round of XP airdrops, which will distribute 10 million ZETA rewards. Any team that deploys active contracts on the ZetaChain mainnet and has active users can submit an RFP proposal, and about 419,000 users are eligible. ZetaChain said that at least 95% of the tokens will be distributed to users. ZetaChain has distributed 80M Zeta after mainnet.

https://decrypt.co/235190/gamestop-stock-rises-speculation-roaring-kitty-sold

Revolut to hire 4,000 as it nabs new London headquarters

DL News

Revolut to hire 4,000 as it nabs new London headquarters

Revolut will be moving to London's Canary Wharf — and it's boosting its headcount by 40%.

The Bank of Canada announced a 25 basis point rate cut, lowering the interest rate to 4.75%. Canada's CPI inflation rate fell further to 2.7% in April. The Governor of the Bank of Canada said it is reasonable to expect more rate cuts if inflation continues to slow.