Daily Crypto News

1. Uniswap Will Integrate Sudoswap To Access Deeper NFT Liquidity — The automated market maker is integrating decentralized NFT marketplace Sudoswap to allow for efficient NFT swaps when it launches its NFT platform.
2. Crypto: Trump’s ex-Ally’s Bitcoin Troubles Worsen — Anthony Scaramucci, the short-lived White House communications director under Donald Trump, is a bitcoin evangelist.
3. Failed Crypto Lender Cred Blames Its Demise on Uphold Exchange in Suit — The liquidation trust for cryptocurrency lender Cred sued Uphold Friday, alleging that the crypto exchange masterminded the product that ultimately caused Cred to seek bankruptcy protection in 2020.
4. FTX to Offer Early Liquidity to Customers of Bankrupt Crypto Lender Voyager — Crypto trading platform FTX is planning to offer early liquidity to customers of bankrupt crypto lender Voyager Digital. The joint proposal comes two weeks after Voyager filed for Chapter 11 bankruptcy. Alameda Ventures, a company controlled by FTX CEO Sam Bankman-Fried, had previously given a loan of $200 million in cash/USDC and 15,000 bitcoins to Voyager.
5. Crypto Stocks Get Boost From Retail Traders Who Drove Meme Craze — Retail traders, responsible for the wild price swings in everything from GameStop Corp. to Revlon Inc., have returned to another old favorite: beaten-down cryptocurrency stocks.
6. Coinbase, Flexa dispute SEC’s claims that these 9 cryptocurrencies are securities — Crypto exchange Coinbase has pushed against the U.S. Securities and Exchange Commission’s claims that seven cryptocurrencies listed on the exchange were securities, while Flexa, issuer of one of the coins involved, said they have not been contacted by the agency.
7. Does Crypto Still Care About Elon Musk? — Tesla’s initial purchase of $1.5 billion worth of bitcoin was huge news at the time, and helped fuel a more than 60% climb in the BTC price in the month following the announcement. But news that Tesla was liquidating its tokens has not had a corresponding negative effect on BTC price or, it seems, market sentiment. In fact, bitcoin has been up slightly in the day since Tesla disclosed the sales.
8. Ether has rallied 50% over the last month, blowing past bitcoin’s gains, ahead of ‘merge’ for Ethereum 2.0 — The second-largest cryptocurrency was hovering around $1,575 on Friday, up about 50% from a month ago. In the same stretch, bitcoin — the biggest cryptocurrency by market cap — is up about 16.6%, trading around $23,296
9. Nexo, Crypto Lender on Prowl for Ailing Rivals, Faces Declining Deposits — The firm’s customer liabilities — the value of digital assets users deposited on the platform — declined to $3.9 billion as of Thursday, down from $6.9 billion on May 12, based on the real-time attestations provided by Armanino LLP.
10. Bitcoin Cash leads way as most big cryptocurrencies post gains — Most of the largest cryptocurrencies were up during morning trading on Friday, with Bitcoin Cash (BCHUSD) seeing the biggest change, rising 3.89% to $127.50. Six additional currencies posted gains Friday.

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