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MAJOR UPCOMING EVENTS IN JUNE #LayerEdge $EDGEN #Bondex $BDXN #Siacoin $SC #SaharaAI $SAHARA #Plasma $XPL #SolanaNameService $SNS #Golem $GLM #Zigchain $ZIG #Cardano $ADA #Gravity $G #Katana $KAT #Blum $BLUM #Sonic $S #Ethena $ENA #NakamotoGames $NAKA
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Stablecoin startup Atticus reportedly nears $2B valuation #Stablecoin startup Atticus is reportedly nearing a valuation between $1.5 billion and $2 billion following a new funding round led by Palmer Luckey, CEO of defense technology firm Anduril, according to #Axios . #Atticus remains in stealth mode and was co-founded by Owen Rapaport, formerly of Aer Compliance, and Jacob Hirschman, a past special counsel at Circle. The crypto venture firm Haun Ventures is already an investor.
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FTX begins $5B second round of creditor payouts through BitGo and Kraken #FTX has initiated the second phase of its bankruptcy payout plan, distributing approximately $5 billion to former users. The announcement, made Friday, states that customers should receive funds within one to three business days. #BitGo and #Kraken are handling the disbursements. The funds are part of FTX’s broader Chapter 11 restructuring, which aims to return up to $16.5 billion in total.
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Sui validators approve $162M repayment plan for Cetus exploit victims #SuiNetwork validators have approved a governance proposal to return $162 million in frozen assets to users affected by the recent #Cetus exploit. The vote, which concluded on May 29, saw over 90% of participants in favor. The decentralized exchange Cetus was exploited on May 22 for over $220 million. However, $162 million was quickly frozen by validators, paving the way for recovery efforts.
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COIN OF THE DAY $TRB #Tellor
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