Cryptocurrency’s virtual reality sector has surged by almost 8% over the past 24 hours as investors anticipate Apple’s VR headset reveal on Monday.

Velodrome’s upgrade is slated for June 15 and is a complete overhaul of the protocol.

Some Consensus 2023 participants argue that the economic benefits of CBDCs are not worth the threats to privacy in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report.

The latest price moves in bitcoin (BTC) and crypto markets in context for June 5, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto

The event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said.

The aim of the project is to settle dollar trades in real time around the clock as opposed to over a matter of days and only during the working week.

The bankrupt crypto company is seeking the return of funds sent by Sam Bankman-Fried’s empire before its November collapse.

Taking up an expanded role overseeing regional markets outside the U.S., former regulator Richard Teng wants to demonstrate Binance is “a new organization.”

The defunct crypto hedge fund has claimed over $1 billion against Genesis, which itself filed for bankruptcy in January.

London-based Arch Insurance International, a syndicate member of Lloyd’s of London, has authorized Evertas to increase its coverage limit for a single policy for crypto custodians and exchanges.