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LayerZero has introduced a new claiming mechanism for its ZRO token where users must donate $0.10 in USDC, USDT or ETH per ZRO.

The company held 214,400 bitcoins as of the end of April, which at current prices would be worth about $14 billion.

The two suspects were interviewed under caution by the FCA and then released on bail.

The latest price moves in bitcoin (BTC) and crypto markets in context for June 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Italy is set to adopt measures that will include high fines for those who manipulate the crypto asset market as part of a wider scheme to beef up surveillance of risks tied to the sector.

The donations appear to be mandatory and the LayerZero Foundation will match proceeds upto $10 million.

Stablecoin issuers are fast emerging as a significant source of demand for the U.S. Treasury notes as concerns about Washington’s debt management grow.

The next two-year phase of Project Helvetia will see other financial institutions and types of transactions join the party.

Bitcoin miner reserves have dropped to multi-year lows while OTC selling has increased to its highest daily volume since March, data shows.

DOGE funding rates are starting to flip negative, data shows, as traders move away from riskier assets amid low volatility in the broader crypto market.