The authentication project Worldcoin has partnered with the web3 infrastructure provider Alchemy to strengthen its own World Chain blockchain system, which is expected to launch soon. Through this partnership, World Chain developers will gain access to a comprehensive web3 development platform, which they claim is the most extensive known in the web3 space.

The Danish Financial Supervisory Authority (DFSA), as part of its decentralized finance (DeFi) guidelines, plans to ban unregistered Bitcoin wallets with the implementation of MiCA. The regulator is concerned about the activities of unregulated platforms and aims to regulate all crypto platforms and service providers, including interface providers and mobile app developers. If this regulation is enacted, no trading platform will be allowed to offer Bitcoin wallets, DEX interfaces, or any other crypto-related products to Danish customers unless regulated by Denmark.

USDC stablecoin issuer Circle has announced a strategic partnership with French digital asset service provider Adan. This partnership is in preparation for the official launch of the regulatory framework for the crypto assets market in Europe, as Circle is committed to adhering to the regulatory frameworks in various jurisdictions. The company has chosen France as its European base.

The team behind the Bitcoin Virtual Machine has launched the ZK-proof BitZK paid service, which enhances Bitcoin scalability and enables developers to create rollups and migrate applications from Ethereum to Bitcoin. Zero-knowledge proofs are used on blockchains for data compression and have become the foundation for many of Ethereum’s most popular rollups. The monthly fee for the service covers the memory, CPU, and storage costs associated with running Bitcoin layer 2.

Asset manager VanEck has filed an application for an exchange-traded fund (ETF) that would track the price of Solana. The VanEck Solana Trust would be listed on the Cboe BZX Exchange and, according to the company’s S-1 registration statement, would hold SOL and value its shares daily based on the reported MarketVectorTM Solana Benchmark Rate. A minor issue is that the SEC has previously indicated in an enforcement action that SOL may be considered a security.

Marathon Digital, one of the largest publicly traded Bitcoin mining companies, has announced that it has ventured into altcoin mining to diversify its revenue streams following Bitcoin’s recent halving. The company has begun mining Kaspa (KAS), with half of the Kaspa hashrate currently operating in its Texas facilities, and the remainder expected to come online in the third quarter. By June 25, Marathon had mined 93 million KAS, valued at approximately $15 million.

San Francisco-based crypto broker Coinbase has filed a lawsuit against the United States Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). In the lawsuit, the company accuses the federal agencies of attempting to exclude the crypto industry from the banking sector and of coordinating efforts to cut off digital asset companies from essential banking services.