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Let's examine how Dogecoin (DOGE) and Shiba Inu (SHIB) stack up against the leading cryptocurrencies in the sector based on their "active addresses."

Matter Labs, a prominent figure in the blockchain industry, has taken substantial steps to address the recent dispute regarding the trademarking of critical phrases such as "zero-knowledge" (ZK).

In a notable move, Tether, the issuer of the popular stablecoin USDT, has invested $100 million in Bitdeer Technologies Group, a US-listed Bitcoin miner owned by Chinese billionaire Jihan Wu. The deal also includes the option for Tether to acquire an extra $50 million worth of shares within the next year, further solidifying its foothold in the Bitcoin mining industry.

The debut of spot Bitcoin ETFs in January 2024 marked a significant turning point for the cryptocurrency market, according to experts like Lynn Martin, president of the New York Stock Exchange Group. These exchange-traded funds are being hailed for their role in boosting liquidity and driving wider acceptance of cryptocurrencies among the general public.

Despite XRP's mixed performance in recent years, it still maintains a significant following in the altcoin community. While long-term expectations for XRP have varied between bullish and bearish sentiments, short-term predictions from CoinCodex's machine learning algorithm suggest a level of bullishness.

Ark Investment Management, under the leadership of Cathie Wood, has chosen to withdraw from the race to introduce a spot-Ether exchange-traded fund (ETF) in partnership with 21Shares.

Unlike previous Bitcoin halving events, the fourth halving saw a distinct change. While miners now receive reduced block subsidy rewards from 6.25 BTC to 3.125 BTC, they still earn additional rewards from transaction fees per block.

Despite Cardano's higher market capitalization compared to Litecoin by nearly $10 billion, its network activity falls significantly short. On May 31st, Litecoin recorded 357,260 active addresses, whereas Cardano only had 28,630, indicating a substantial difference in user engagement.

Changpeng Zhao, the ex-CEO of Binance, has started serving his four-month term in a minimum-security federal penitentiary located in Lompoc, California, as reported by CNBC.

Gabor Gurbacs, a strategic advisor at Tether, which issues USDT, highlighted Bitcoin's capacity to transform the way central banks manage and safeguard national reserves. He cited India's logistical difficulties with gold as a notable illustration of this potential.

Following a flawed airdrop that resulted in over $26 million in compensation to users, several executives at the crypto exchange Bybit have changed positions. Reports of these leadership changes emerged on May 31, with a Bybit spokesperson stating that the company regularly updates its business structure.

President Biden vetoed a House Joint Resolution aimed at repealing the Securities and Exchange Commission's (SEC) Staff Accounting Bulletin 121 (SAB 121), which directs financial institutions holding cryptocurrencies for customers to keep the assets on their balance sheets.