Gün Sirer says the U.S. “won the first wave of the internet revolution” because it enabled responsible innovation. Now, it must do the same with blockchain. Source: https://cointelegraph.com/news/fear-of-blockchain-disastrous-consequences-ava-labs-ceo-testify

Brad Garlinghouse hinted that the eagerly awaited Hinman documents, which detail internal deliberations by Securities and Exchange Commission staff, could tip the court battle in Ripple’s favor. Source: https://cointelegraph.com/news/ripple-ceo-garlinghouse-hinman-docs-worth-the-wait

The firm said it remains a “supporter” of the crypto sector and suggested that the move was purely to avoid any potential regulatory non-compliance. Source: https://cointelegraph.com/news/etoro-algo-mana-matic-dash-purchases-us-customers

The SEC’s tagging of cryptocurrencies as securities has greatly affected the crypto market causing Algorand and Flow to hit historic lows on June 10. Source: https://cointelegraph.com/news/algo-flow-all-time-lows-cardano-polygon-argue-securities

If BTC price consolidates in the $25,000 range, ETH, XRP, LDO and RNDR could be the first altcoins to break out with recovery rallies. Source: https://cointelegraph.com/news/a-sideways-bitcoin-price-could-lead-to-breakouts-in-eth-xrp-ldo-and-rndr

The SEC sues Binance and Coinbase, and labels dozens of coins as securities. Both the crypto exchanges paused services while promising legal battles in courts. Source: https://cointelegraph.com/magazine/binance-coinbase-head-to-court-and-the-sec-labels-67-crypto-securities-hodlers-digest-june-4-10/

The SEC’s charges against Binance and Coinbase could have far-reaching consequences for decentralized finance. Source: https://cointelegraph.com/news/sec-charges-binance-coinbase-terrible-defi

The images depicting Donald Trump cuddling up to and kissing Anthony Fauci were labeled as being AI-generated on Twitter’s disinformation alert feature. Source: https://cointelegraph.com/news/pro-bitcoin-de-santis-uses-ai-images-smear-campaign-trump

Should the deal go through, Prime Trust’s infrastructure will “map over 1:1” with BitGo’s services, and add another trust company and crypto IRA fund. Source: https://cointelegraph.com/news/bitgo-intent-agreement-acquire-buy-prime-trust

Years before serving as head of the SEC, Gary Gensler offered up his advisory services to Binance, the exchange’s lawyers allege. Source: https://cointelegraph.com/news/sec-chair-gensler-offered-serve-advisor-to-binance-lawyers-claim