Nasdaq Proposes Adding XRP and Solana to Crypto Index Amid Regulatory Shifts.

Nasdaq Proposes Adding XRP and Solana to Crypto Index Amid Regulatory Shifts.

Nasdaq has formally submitted a rule-change proposal to the U.S. Securities and Exchange Commission (SEC) to add four new cryptocurrencies to its flagship Nasdaq Crypto Index (NCI), including XRP, Solana (SOL), Cardano (ADA), and Stellar (XLM).

If approved, this would mark a significant expansion beyond the current Bitcoin and Ethereum coverage, bringing the total index constituents to six. The move reflects growing institutional interest in diversifying crypto exposure beyond just the two leading digital assets.

Sony’s Layer-2 Blockchain Soneium Unveils Gaming Incubator.

Soneium, the Ethereum overlay blockchain linked to 78-year-old Japanese electronics giant Sony, unveiled a new incubator program, Soneium For All, to accelerate consumer and gaming applications within its 7 million-user blockchain ecosystem.

As crypto continues its march into the mainstream, traditional technology companies, the Apple’s and Ubers of this world, are looking to the tech to commercialize their future operations.

Sony Block Solutions Labs (SBSL), the builder of Soneium, used the Optimism OP stack, a fast and cheap layer linked to Ethereum for “bridging the gap between Web2 and Web3 audiences, especially for the creators, fans and community.”

Meme Coin ETFs To Be Launched By 2026, Says Senior Bloomberg Analyst.

After the successful launch of Bitcoin and Ethereum ETFs, the crypto community is now abuzz with the idea of a Meme Coin ETF. Originally proposed by crypto trader Vladcoin, the concept envisions an actively managed fund that invests in high-performing meme coins while offloading weaker ones.

Bloomberg’s senior ETF analyst, Eric Balchunas, supports the idea, stating there’s a “really good chance” such an ETF could launch by 2026. While he acknowledges the timeline may be gradual, his comments have fueled speculation that meme coins could soon find a place in mainstream investment portfolios.

Alex Protocol Announces Reimbursement Plan For Users Hit By $8mn Exploit.

Bitcoin-focused decentralized finance platform Alex Protocol has launched a Treasury Grant Program to reimburse users affected by a recent exploit that resulted in over $8 million in losses.

According to a June 8 announcement, the program will provide financial support through a combination of original tokens and USDC equivalents, depending on the type of asset lost.

According to an earlier update, payout amounts are based on average onchain prices observed from 10:00 am to 2:00 pm UTC during the incident. Notifications and claim instructions were sent to affected addresses by June 8.

Cetus Protocol Relaunches With New Roadmap And Compensation Plan After $223mn Exploit.

Sui network-based Cetus Protocol has relaunched with a new roadmap, open-source plans, and a compensation programme following a $223 million exploit.

The decentralized exchange unveiled its post-relaunch strategy in a June 8 blog post, outlining measures to enhance protocol security, upgrade monitoring systems, and transition toward full open-sourcing.

A newly structured white hat bounty programme has also been introduced to support community-driven security efforts.

According to the team, all affected CLMM pools have now been replenished using a combination of recovered assets, treasury funds, and a $30 million loan from the Sui Foundation.

Worldcoin Plans UK Expansion with London Launch Amid Privacy and Regulatory Considerations.

Worldcoin officially launches its biometric identity verification project in London, spearheading a significant expansion across the UK with innovative Orb technology.

The initiative, led by OpenAI CEO Sam Altman, aims to bolster digital identity security while addressing growing concerns around AI-driven fraud.

Worldcoin’s native token, WLD, has demonstrated notable market activity, currently trading at approximately $1.10 with a market capitalization near $1.76 billion. Over the past two months, WLD has appreciated by over 55%, reflecting growing investor interest amid the project’s expansion.

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