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Today’s blockchain and cryptocurrency news
Brought to you by the new web3 with a16z podcast

Bitcoin is down .5% at $30,301
Ethereum is down slightly at $1805
and Binance Coin is down slightly at $290

Coinbase to make a strategic investment in Zipmex

Ethereum Ropsten testnet completes merge

FireStake admits to draining two million of the 5M that was exploited from Osmosis

20M OP tokens sniped from Wintermute

Greenidge Generation mined 195 bitcoin in May

NYDFS issues stablecoin guidance.
Links:

Industry Letter - June 8, 2022: Guidance on the Issuance of U.S. Dollar-Backed Stablecoins | Department of Financial Services

A Message to the Community from the Optimism Foundation

FireStake | Validator on Twitter: "in the process, we managed to convert $226 USD to ~$2M. We were thinking about our family's future, and not the future of our community. Shortly after doing so, we stressed throughout the night about how we can set things right. We’re currently working with the Osmosis team..." / Twitter

Coinbase to make strategic investment in Zipmex following acquisition talks

Ethereum’s Ropsten Testnet Has Completed Its Merge

Bitfly (@etherchain_org) / Twitter

Greenidge Generation Provides May 2022 Operational Update

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