ALSO: Lido’s stETH token has become the seventh largest token by market cap, right ahead of Cardano and just behind XRP, according to data from CoinGecko. What’s behind its …

Apple on Monday announced its Vision Pro headset, which it says “seamlessly blends digital content with the physical world.” What could this mean for the future of Web3? Source: …

The insolvent lender will now have until August 2 to submit a plan to emerge from bankruptcy. Source: https://www.coindesk.com/policy/2023/06/05/genesis-bankruptcy-judge-extends-mediation-period-between-genesis-creditors/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The “Bedrock” upgrade will improve the usability of the chain by lowering gas fees and cutting deposit-confirmation times by 90% – pitched as a key step toward the Optimism …

The Securities and Exchanges Commission’s (SEC) suit against the biggest crypto exchange in the world, Binance, could be a huge misstep if other countries allow the crypto industry to …

Both are significant tokens in the Binance ecosystem and had their prices drop by more than 8% over a four-hour period. Source: https://www.coindesk.com/markets/2023/06/05/bnb-cake-plummet-following-sec-crackdown-on-binance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto asset manager Arca has cut 30% of its staff amid a continuing bear market and regulatory uncertainty, the company said Monday. Source: https://www.coindesk.com/business/2023/06/05/crypto-hedge-fund-arca-laid-off-30-of-staff-citing-bear-market-regulatory-uncertainty/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The SEC on Monday charged the crypto exchange and its CEO with violating a number of securities laws, including offering unregistered securities to the public. Source: https://www.coindesk.com/markets/2023/06/05/cryptocurrencies-tumble-after-the-sec-charges-binance-with-sale-of-unregistered-securities/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The world’s largest crypto exchange was sued for multiple securities law violations by the U.S. Securities and Exchange Commission on Monday. Source: https://www.coindesk.com/markets/2023/06/05/binance-endures-69m-in-net-outflows-within-an-hour-amid-sec-charge-nansen/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The U.S. Securities and Exchange Commission is suing crypto exchange Binance and its CEO, Changpeng “CZ” Zhao on allegations of violating federal securities laws. Source: https://www.coindesk.com/policy/2023/06/05/sec-sues-crypto-exchange-binance-ceo-changpeng-zhao/?utm_medium=referral&utm_source=rss&utm_campaign=headlines