According to blockchain analytics firm Elliptic, the Lazarus Group, a North Korean cybercrime syndicate, has allegedly stolen over $100 million in cryptocurrency from Atomic Wallet. The hack, which occurred on June 3, resulted in the theft of $35 million worth of digital tokens.

Hong Kong has introduced its Virtual Asset Trading Platform (VATP) handbook to establish itself as a crypto hub. The Securities and Futures Commission (SFC) has provided guidelines for cryptocurrency companies that wish to operate in the city, and will oversee all licensing. The guidelines include "transitional agreements" that offer a one-year trial period for crypto firms to apply for a business license in 2024 if they meet the SFC's requirements.

A top Shiba Inu whale has added $10 million worth of SHIB to their portfolio in a single transaction, bringing their total balance to 5.28 trillion SHIB valued at $35 million. The whale has been active since May 16 and has transferred a total of 20 trillion SHIB, worth $176.8 million, to a mysterious wallet through four separate transactions.

A recent list published on GitHub documents over 100 physical attacks against Bitcoin holders or infrastructure facilitating BTC transactions, dating back to 2014. The first recorded attack was on Hal Finney in 2014, who was a supporter of Bitcoin and in contact with its mysterious founder, Satoshi Nakamoto.

According to Professor Carol Alexander of the University of Essex, the U.S. Securities and Exchange Commission (SEC) may not be financially strong enough to win its lawsuit against Binance. However, she also emphasized the importance of proper regulation in the cryptocurrency industry to prevent fraudulent activities.

Avorak AI, a cryptocurrency project that uses AI-driven solutions, has analyzed Bitcoin's recent price movements and suggests that it resembles a market bottom rather than a bearish trend.

The cryptocurrency Terra Luna Classic (LUNC) has seen a 1.5% increase in value on Monday, despite facing sell pressure due to negative sentiment in the broader crypto market and recent resistance at the $0.0001150 level.

Bitcoin is struggling to stay above the $26,150 support and could face further decline if it breaks the key $25,400 support. The cryptocurrency is currently trading below $26,000 and the 100 hourly Simple moving average, with a bearish trend line forming around $26,000.

Following the SEC’s lawsuits against Binance and Coinbase, the lawsuits have dragged down token prices and forced market participants to seek alternative jurisdictions. With the UK at the center of Web3, Prime Minister Rishi Sunak is keen to provide regulatory clarity on how cryptocurrency businesses should register and operate in the UK.

EOS, which was once a top ten cryptocurrency by market cap, has faced setbacks and dropped to the top 50. However, the EOS Network Foundation (ENF) has taken over and made strategic partnerships to revive the project, including launching an Ethereum Virtual Machine mainnet and pledging $20 million to developers.