Fantom's bull run has raised the token's price by 13,000% this year. The price of Ethereum competitor Fantom has surged 10% overnight. Fantom’s rise is bucking the trend: other top cryptocurrencies have stagnated following a week of market-wide growth ahead of the launch of the U.S.’s first Bitcoin Futures ETF tomorrow.

The ProShare Bitcoin Futures ETF marks the first time a cryptocurrency ETF has been approved by the United States Securities and Exchange Commission. Bitcoin rose by 10% in the past week to $60,804 but hasn’t budged much over the weekend.

Fantom continues to blaze its own path. At $2.23, Fantom (FTM) is still 22 cents shy of its nine day old all-time high of $2.45. It’s the only top fifty cryptocurrency to post significant price movement today.more information

As with most things, selecting the cryptocurrency hardware wallet that works best for you will likely come down to your individual needs and preferences. Every wallet on this list will provide better security than a standard software or mobile wallet, but not all offer the same ease of use, features, and range of supported cryptocurrencies. Based on security alone, the Ledger Nano S is arguably the most battle-tested of the bunch, and has clearly benefited from the insights garnered by Ledger’s Donjon security team. The Ledger Nano X is arguably just as secure since it uses the same security stack, and its Bluetooth connectivity doesn’t appear to have weakened its security, but it’s newer and hasn’t yet been subject to as much scrutiny.

Working with international law enforcement agencies, Binance helped to expose Fancycat, a notorious cybercriminal ring. Fancycat, an international organization of cybercriminals responsible for over $500 million worth of ransomware crime, was infiltrated this summer by international law enforcement agencies working with Binance, the world’s leading exchange.

Cyber police units from Ukraine, Korea, the U.S., Spain, Switzerland, and others working with Interpol, swooped in on 21 addresses in Kyiv last June. Six members of the cybercriminal ring were accused of using malicious software, known as ransomware, in conjunction with other cybercrimes between 2019 and 2021. Their targets were the servers of Korean companies and American universities.

In a blog post detailing its involvement with the operation, Binance said, “our ongoing partnerships with law enforcement, as well as security and blockchain analytics firms, will be a driving force in improving the cybersecurity measures across the wider crypto industry.” With this in mind, over the past year, the exchange has ramped up its in-house anti-money laundering (AML) detection and analytics capabilities.source

The US Securities and Exchange Commission (SEC) is preparing to disclose a massive amount of emails and internal documents about Bitcoin, Ethereum, and XRP. But it wants more time. On June 4, Ripple asked the court to order the SEC to give a deadline of June 18. Scraping through all the data takes time, the SEC responded in its June 11 filing. The agency called the June 18 deadline “one-sided.”
The SEC said the agency has already collected 25,000 emails and is still reviewing “tens of thousands” of internal documents. But it has to speak with its former employees to make sense of some of the old documents, it said.source

Elon Musk tweeted about Tesla and Bitcoin, and BTC went up—a reversal from the recent history of Musk and Bitcoin. Bitcoin is on the move again, thanks to an Elon Musk tweet.
The Tesla CEO and Dogecoin lover said in a tweet on Sunday that Tesla “will resume allowing Bitcoin transactions” if and when there’s “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend.” Bitcoin popped nearly 1% after the tweet to $37,650.source

A bad market day has sent the price of top altcoins reeling. Other losses in the top 20 cryptocurrencies by market capitalization were less severe, but no less pronounced. Polygon (MATIC), fell 10% to trade at $1.2. Bad news for the Mark Cuban-backed Indian crypto startup, which has been working to scale faster than Ethereum.Finally, the prices of Chainlink and Polkadot both dropped by 9% in the last 24 hours. Chainlink currently trades at $21.05 while Polkadot is at $20.59. Yesterday’s news that Polkadot plans to build ‘cross-chain bridges’ for greater interoperability between blockchains has done little to curb today’s downturn.source

El Salvador's president declared Bitcoin as legal tender this week. JPMorgan's analysts aren't impressed. On Wednesday night, El Salvador declared Bitcoin as legal tender. The country’s authoritarian president, Nayib Bukele, spent the rest of the week promoting his Bitcoin nation, setting up mining farms in volcanoes and relishing in his new status as a monetary maverick.
For investment bank JPMorgan, the move to Bitcoin is no cause for celebration. “There are clearly important implications for that country,” analysts wrote in a note today, “but it is difficult to see any tangible economic benefits associated with adopting Bitcoin as a second form of legal tender" alongside the US dollar.source