Bank of Canada Begins G-7 Monetary Easing Cycle, Trimming Benchmark Rate 25 Basis Points Lower interest rates in developed economies could be a tailwind for bitcoin prices.

Web 3 Cybersecurity Company GoPlus Raises $10M to Build Permissionless Security Layer The round counts OKX Ventures, HashKey Capital and Animoca Brands among its backers.

BNB Chain Ecosystem Heats Up as Token Hits Lifetime High Above $710 Trading volumes of ecosystem tokens more than doubled in the past 24 hours, with meme coin FLOKI leading gains among larger tokens.

Crypto Firms Hit by Newsletter Breach Attack, Mailing Lists Leaked Several cryptocurrency businesses are reporting that there is an ongoing “supply chain email breach attack” that uses newsletter mailing lists to send around malicious phishing links.

Crypto Exchange DMM Bitcoin to Raise $320M to Pay Back Hack Victims Japanese exchange DMM Bitcoin outlined plans to raise $320 million to purchase bitcoin and pay back victims of last week’s hack.

First Mover Americas: Bitcoin Tops $71K After Best Day for ETF Inflows Since March The latest price moves in bitcoin (BTC) and crypto markets in context for June 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

U.S. Lawmakers Push Biden to Bring Back Detained Binance Exec Tigran Gambaryan From Nigeria Gambaryan and another company exec, Nadeem Anjarwalla, were detained by Nigerian officials after they were invited by the country to resolve a dispute with the crypto exchange

Bitcoin Crosses $71K as BTC ETFs See $880M Inflows in Best Day Since March This marked the best day of inflows since March and the second-highest overall since 11 bitcoin ETFs went live in January.

What’s Next for FIT21? (A Consensus 2024 Recap) CoinDesk held its annual Consensus conference in Austin, Texas last week, where we heard from lawmakers and regulators, developers, company execs and all sorts of other people in and around this sector. One topic of discussion: the Financial Innovation and Technology for the 21st Century Act. Its passage through the House sent a surge of excitem…

Protocol Village: Gnosis DAO Spins off Karpatkey The latest in blockchain tech upgrades, funding announcements and deals. For the week of June 2, 2024.

Bain Capital Crypto Raising Second Fund: Filing Bain Capital has been an active investor in crypto since its initial fund launch, participating in a $115 million round for Sam Altman’s Worldcoin.

The Promises and Perils of Private Asset Tokenization

SEC to Shutter Office Behind Failed DEBT Box Crypto Lawsuit The Securities and Exchange Commission’s Salt Lake City office – notorious in the crypto world for its failed fraud lawsuit against DEBT Box – will shut down after seeing “significant attrition” among its staff, some of whom were pushed out over the case.

Uniswap, Starknet, BNB Lead Altcoin Gains as Bitcoin Hits $71K Seventeen of the twenty assets in the CoinDesk 20 Index (CD20) booked gains, underscoring the uptrend in the broader crypto market.

BODEN Token Up Over 10%, TREMP Gains 5% After Kraken Lists Solana PoliFi Duo BODEN appears to be the winner as first exchange open to U.S. residents lists the election-themed tokens.

Ether Price Poised for Supply ‘Shock’ as ETFs May Attract $4B Inflows in Five Months, K33 Research Says ETH will start outperforming bitcoin following the ETF launch after almost two and a half years of underperformance, the report said.

Bitcoin ETFs Resume Inflow Winning Streak; BlackRock’s IBIT Crosses $20B in AUM The U.S.-based spot bitcoin ETFs yesterday made it 15-consecutive sessions of net inflows, with the latest rush of money combing with a rally in the price of {{BTC}} to send BlackRock’s iShares Bitcoin Fund (IBIT) to more than $20 billion in assets under management for the first time.

You May Not Like It, but Casey Rodarmor Proves Bitcoin Is Permissionless The creator of the Ordinals and Runes protocols discussed his motivations on stage at Consensus 2024.

India Springs Election Surprise, Sends Equity Market Crashing With Uncertain Implications for Crypto India’s voters have sprung an election surprise, even though Prime Minister Narendra Modi’s party and its allies are poised to return to power, a result that could see the government kick the crypto policy can down the road” in terms of its priorities.

Options Traders Brace for Volatility as BNB Nears Record High Binance’s native BNB token is approaching an all-time high of $705 after surging by more than 10% from Sunday’s low of $597.