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⌐◪-◪ → The ZKsync token went live today with a market cap of $925M, airdropping 17.5% of their 21B total token supply to users of the network.

Just like every other airdrop, $ZK wasn’t able to please everyone and saw backlash over its allocations and sybil filtering approach.

Additionally, Binance had to postpone the listing twice, due to lack of liquidity and server reliability issues. Not a good look for a team with $458M in funding.

Idk about you guys, but I’m pretty tired of all the airdrop drama.

⌐◪-◪ → David Hirsch leaves the SEC after 9 years as Head of Crypto Assets.

Many hail him as the only SEC staff who actually understands crypto. He was mainly focused on the Terra case in recent years — which has obviously wrapped up.

You’ll never guess where he’s off to next — I can’t tell if this is a joke.

⌐◪-◪ → In a surprising turn of events, officials from Biden’s administration are set to attend a Bitcoin roundtable in DC this July.

The roundtable is being spearheaded by Rep. Ro Khanna (D-CA) and will be attended by lawmakers from both the House and the Senate and billionaire Mark Cuban — weird.

The objective of the roundtable is to support innovations in Bitcoin and in the broader cryptocurrency ecosystem within the country.

I don’t anticipate much will come from this, but you never know.

The first Bitcoin election is officially here.

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