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The Space in June

Three Arrows Capital Blows Up Effects Severely Damage Many Large Crypto Companies, Billions Lost

Celsius Halts Withdrawals on June 13th, Engages with Restructuring Legal and Financing

BlockFi Loses Hundreds of Millions on Bad Loans to 3AC and Others, Receives

Emergency $250mm Loan from FTX, FTX Likely Acquiring Entire Company For $275mm

Voyager Digital impacted by 3AC, Receives Emergency $500mm Loan

from Alameda Research, Alameda Likely Acquiring Controlling Stake Babel Finance Blows Up From 3AC Contagion, Loses A Billion or More

SEC Rejects Grayscale BTC ETF, Grayscale Files Suit Against SEC the Same Day

Crypto Exchange CoinFlex Loses $47mm on Bad Loan to Roger Ver, Issues Token with Claim to Future Recovery

CEO and CFO of Compass Mining Resign

Solana Announces Plan for Smartphone MicroStrategy Buys $10mm of Bitcoin

Ronaldo Partners with Binance for NFT Collection

PayPal Enables Transfer of BTC, ETH, BCH and LTC to External Wallets

Binance VC Arm Binance Labs Raises $500mm Venture Fund

London VC Firm Felix Capital Raises $600mm Web3 Fund

NFT Marketplace Magic Eden Raises $130mm at $1.6bn Valuation

FalconX Raises $150mm at $8bn Valuation

PrimeTrust Raises $105mm Series B US Prosecutors Charge OpenSea's Nathaniel Chastain with Insider Trading

CFTC Claims Gemini Lied to Regulators About Giving Market Maker Rebates

DOJ Publishes Response to Biden Executive Order on Digital Assets Senators Lummis and Gillibrand Announce 69-page Responsible Financial Innovation

Act, a Bill Creating Thorough Regulatory Framework for Digital Assets Coinbase Cuts 18% of Employees

ProShares Launches Short Bitcoin ETF

NYDFS Issues Stablecoin Guidance

DeFi Protocols Generally Perform Well During Market Stress

Coinbase Introduces Increased KYC For Outgoing Transactions in Some Jurisdictions

Nexo Offers to Acquire Qualifying Assets from Celsius Citadel Partnering with Virtu to Build Crypto Trading Marketplace DBS inks deal for New Centralized Exchange, and Partners with NGO for first "passive Proof of Stake" DSM.

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