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Cointelegraph

🗞️ Need to catch up on the news? Here's our top 10 from today:

🔸 Tether introduces QVAC, its new AI development platform for privacy-focused applications that run on local devices without dependence on centralized services.

🔹 Coinbase CEO Brian Armstrong says the exchange will continue pursuing global acquisitions following its $2.9B Deribit deal, as it prepares to join the S&P 500.

🔸 Bitwise CIO says #Bitcoin is king, but history shows crypto diversification can outperform.

🔹 DOJ indicts Sinaloa cartel leaders as blockchain firms trace millions in crypto tied to global fentanyl trafficking and laundering.

🔸 Ripple held talks with UAE officials to explore digital payment infrastructure and boost financial innovation.

🔹 Speaker Mike Johnson supports a ban on Congress members trading stocks.

🔸 CFTC’s Summer Mersinger resigns to lead crypto lobbying group Blockchain Association as CEO starting June 2.

🔹 $1T UBS Asia client funds are shifting from USD to gold, Bitcoin and crypto amid US-China tensions.

🔸 JPMorgan settles its first transaction on a public blockchain using Chainlink and Ondo to move tokenized treasuries beyond its private network.

🔹 Ethereum Foundation launches “Trillion Dollar Security” to make wallets, smart contracts & UX safer, paving the way for trillions in onchain assets.

All You Need to Know in 10s
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