1. The US Senate Banking Committee passes the CLARITY Act with a vote of 15:9;
2. Senator Warren requests the SEC to investigate the Trump family's cryptocurrency company;
3. Coinbase becomes the official USDC treasury deployer on Hyperliquid and obtains the right to purchase the USDH brand asset;
4. Iranian Vice President: We will never lose control of the Strait of Hormuz, no matter the cost;
5. Gemini's first-quarter revenue increased by 42%, with after-hours stock prices surging up to 30%;
6. The Chicago Mercantile Exchange plans to launch Nasdaq crypto index futures on June 8;
7. Bitcoin multi-signature custody platform Onramp completes $12.5 million Series A funding round, led by Early Riders;
8. ZachXBT: LAB insiders control over 95% of the token supply;
9. GSR Chief Legal Officer: Probability of the Clarity Act passing during this Congressional session is below 50%;
10. Turnkey completes $12.5 million strategic funding round, with participation from Circle Ventures and Sequoia Capital;
11. Stablecoin neobank Fasset completes $51 million Series B funding round, co-led by SBI Group and others.
Svmuu Morning Brief
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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