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Here’s why crosschain infrastructure is DeFi’s missing layer

Blockchain
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Solo Bitcoin miner bags $330K block reward despite record difficulty

A solo Bitcoin miner has successfully mined block 899,826, earning a reward worth $330,386, a rare feat amid record-high network difficulty.
According to mempool.space data, the block was confirmed at 3:48 am UTC on June 5 and included 3,680 transactions. The miner, operating under the Solo CK pool
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$13B fund manager APS buys $3.4M in tokenized real estate via MetaWealth

Pan-European fund manager APS became the first institutional investor to directly acquire tokenized real estate assets through MetaWealth’s blockchain-based investment platform, according to an announcement shared with Cointelegraph.
APS, which manages over 12 billion euros ($13.7 billion) in asset
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US seizes 145 domains, crypto linked to BidenCash dark web market

US authorities have seized 145 domains and an undisclosed amount of cryptocurrency tied to BidenCash, a dark web marketplace accused of trafficking millions of stolen credit cards and personal data.
The action, announced on June 5 by the US Attorney’s Office
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California moves forward bill on unclaimed crypto, merchant payments

Bitcoin
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Cryptocurrencies
Law
California
Business
Government
Adoption
Regulation
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SEC wins $1.1M as alleged crypto conman a no-show in court

The US Securities and Exchange Commission has been handed a $1.1 million court victory after a man it accused of running a crypto scam failed to answer the agency’s lawsuit.
A Georgia federal court judge submitted a default judgment in the SEC’s favor on June 3 in its case against Keith Crews,
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Alleged French crypto kidnapping mastermind arrested in Morocco

France
Police
Crimes
Morocco
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Crypto.com sues Nevada gaming body over block on sports event contracts

The derivatives arm of crypto exchange Crypto.com has sued the Nevada gaming and gambling regulator over its restriction on the trading of sporting event contracts.
North American Derivatives Exchange, Inc., which does business as Crypto.com’s North American derivatives business, sued the Nevada
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Stablecoin giant Circle again boosts IPO to over $1 billion

Stablecoin issuer Circle Internet Group, Inc. has again boosted its initial public offering to $1.05 billion, pricing its shares above its previous marketed range.
The USDC (USDC) stablecoin manager said on June 4 that it will now to offer 34 million shares at a price of $31 each when it debuts on
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Swift legislation turns Kyrgyzstan into Central Asia’s primary crypto hub

Blockchain
Asia
Kyrgyzstan
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Stablecoin
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South Korean media firm to raise $500M for Bitcoin treasury

South Korean entertainment company K Wave Media has entered into a securities purchase agreement worth up to $500 million to fund a Bitcoin-centric crypto treasury strategy.
According to a June 4 announcement, the firm said it reached a deal with Bitcoin Strategic Reserve KWM for the sale of ordin
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