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World News

• ACD was cancelled due to Berlin Blockchain Week!
• Ethereum Foundation Flags UX & Social Layer as Key Security Hurdles
  • The Ethereum Foundation’s latest report spotlights user experience and the social layer as major security challenges. With users still bearing much of the security burden like managing keys and signing blindly, the report calls out centralization risks and long-term threats to governance. Despite this, Ethereum continues to dominate DeFi, holding over half of the $117B market.
• Crypto Giants Near EU Licenses as Regulatory Tensions Rise:
  • Gemini and Coinbase are close to securing EU-wide licenses under MiCA, sparking friction among regulators. Malta and Luxembourg’s rapid approvals have drawn scrutiny, with critics warning of a “race to the bottom”. While Coinbase eyes Luxembourg, Gemini turns to Malta. Regulators fear uneven enforcement could weaken oversight of the $3.3T crypto market.
• SEC Reshuffles Leadership with Crypto-Focused Appointments Amid Regulatory Pivot:
  • The SEC is reshaping its top ranks, appointing leaders with strong crypto and fintech backgrounds marking a clear shift under Chairman Paul Atkins. Jamie Selway, formerly of Blockchain, and compliance veteran Brian T. Daly are among the four new appointees. With recent case withdrawals and closed probes into Uniswap and others, the SEC appears to be easing its aggressive stance.
• Coinbase Reveals 60% of Fortune 500 Firms Are Embracing Blockchain:
  • Coinbase reports that 60% of Fortune 500 companies are actively developing blockchain projects, signaling a powerful wave of institutional adoption. Shared via a tweet by Crypto Rover on June 10, this milestone has triggered bullish momentum across crypto markets. Major tokens like BTC, ETH, LINK, and MATIC have surged in response.