😎 Crypto Weekly: What’s Happening in the Market?

🇺🇸 Elon Musk slams Trump’s budget bill

He called it “disgusting” and said it will only increase debt.

🇵🇹 Ripple expands in Portugal

Unicambio integrated Ripple Payments. Ripple also signed new deals in the UAE and met with local authorities.

▫️ Strengthening its role in global payments.

😨 $3M hack hits Nervos Network

The blockchain ecosystem for decentralized apps, Nervos Network, was hacked for $3,000,000.

📊 DEX dominance hits record highs

In May, DEXs made up 25% of all spot trading volume.

▫️ Top platforms: PancakeSwap ($171.6B), Uniswap ($92.1B), Raydium ($27.9B)

🔍 Ethereum Foundation shifts focus

Some layoffs, and the research arm is now called Protocol.

▫️ New priorities: scaling, blobspace, and better UX.

🤔 CZ on risk management

The Binance founder reminded us: risk isn’t just for companies. Even doing nothing is a risk.

🔄 Pump․Fun to launch its own token

They aim to raise $1B through an ICO.

⭐️ California’s new crypto rules

The state wants to claim unused crypto from exchanges if inactive for 3+ years — time to rethink storage.

Keep an eye on trends and don’t forget about security!

#Crypto #CryptoNews