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The latest weekly wave extract includes the main developments, from Vitalik Buterin’s criticism of WorldCoin’s digital identity aspirations to the final curtain in Ripple -sec legal drama. Robinhood has made waves by offering future Micro encryption contracts, while state governments and treasury companies continued to double on Bitcoin.

With organizational transformations, technology promotions, and institutional plays reveal simultaneously, the encryption scene develops faster than ever. Here is your tour of the biggest stories that you need to know.

Borin raises concerns about the world’s digital identity approach

• ETHEREUM (ETH), co -founder of Vetalic Burin, published on Saturday mail Expressing reservations about digital identity projects such as World, which claims to have more than 13 million “unique human beings” as verified users.
• Burin specifically discussed the risks and bonuses of digital ID projects using zero knowledge evidence. He said that platforms like the SAM Altman -backed world can eliminate the pseudonym that the value of many Internet users, especially in the encrypted currency.

Ripple and SEC conclude a long -term legal battle

• Ripple Brad Garlinghouse CEO has revealed that the company will withdraw its cross appellant, while SEC is expected to withdraw its appeal as shown previously.
• Garinghouse stated on X that Ripple is “closing this chapter once and for all, focusing on what is most important – building Internet value.”

Robinhood launches futures for microscopic currencies

• Digital mediation Add Micro XRP (XRP) and Solana (Sol) are future for its platform on Friday.
• The company also presented a small version of its current Bitcoin (BTC) offers, providing smaller sizes for retailers.

Bakkt files to submit $ 1 billion in securities

• The Bakkt Holdings SEC platform has informed plans to sell up to one billion dollars in securities to provide capital to expand the potential bitcoin wardrobe.
• On Thursday, the S-3 file creates a flexible set of securities including shared stocks, favorite stocks, debt papers, orders and combined stock units that can be used when market conditions become favorable.

Metaplanet operates Bitcoin, the third largest purchase

• Bitcoin Treasury, which is based in Japan, acquired 1,234 Bitcoin, at a value of approximately $ 132 million.
• The company paid 15,617,281 yen per code, about 108129 dollars at current exchange rates.

Kraken expands with the application of payments and the European Union’s license

• San Francisco -based Exchang Krak launched on Thursday, which is a paid payment application that competes with CASHAPP and Venmo.
• Separately, Kraken received a license to work in Ireland under the European Union markets in encryption assets (MICA).

Sophie announces a return to the trading of encrypted currency

• The San Francisco Financial Services Company revealed on Wednesday that it will resume providing trading and custody services in the cryptocurrency later this year.
• Users will be able to trade and retain popular cryptocurrencies including Bitcoin and Ethereum through the Sofi platform.

Ripplex launches the main network upgrade

• The LEDGER XRP development team launched version 2.5.0 of the “ripple”, which is the reference for the network.
• The new modifications are currently available for voting by making an LEDGER XRP modification, which requires two weeks of support from more than 80 % of the self -confident auditors for protocol changes.

Sharplink Gaming continues to accumulate ethereum

• The Minnesota -headed Marketing Company conducted the second ETH purchase between 16 and 20 June, where it got 12,207 ETH for about 30.7 million dollars.

Ledger believes in care for the first professional sport

• Ledger has been concluded with a multi -year agreement with San Antonio Spears, which is the first unified care deal for professional sports death.
• The Ledger logo corrected on the team’s shirt that starts this week during the American Professional League draft.

PROCAP from PoxPyLiano acquires the initial bitcoins

• Procap company from Anthony Pompaanyo, which has recently bought Bitcoin Treasury ProCAP, the first 3,724 BTC at an average price of 103,785 dollars for the coin.
• About $ 385 million was acquired. The company aims to eventually collect bitcoin.

The strategy adds a modest bitcoin purchase

• Bitcoin Holding, which was generally included in 245 BTC for $ 26 million.
• This purchase reaches the total strategy holdings of 592345 BTC.

Texas establishes government bitcoin reserves

• Governor Greg Abbott signed a draft Senate Law 21 in the law on Friday, when he officially established the strategic bitcoin reserves in Texas and made it the third American state to create such a program.
• The reserve is designed to serve as a “hedge against inflation and economic volatility”, as the state observer authorized the purchase, sale, contract, or management of investment within the reserve.