Midday News Update #Web3

🪙 a16z partner clarifies no link to $A16ZE — token's market cap plummeted from millions to under $1M overnight.

🎯 Multicoin Capital co-founder criticizes Ethereum Foundation restructuring: “lack of focus, conflicting goals.”

📉 Reuters reports #Coinbase data breach traced to Indian contractor involvement.

🐋 ETH ICO whale moved 617 $ETH to Kraken 4 hours ago — total 4,620 ETH sold in past 2 weeks.

🏛️ U.S. Senate may vote on #GENIUS stablecoin bill as early as June 9.