A new market on betting application Polymarket has seen over $120,000 placed on Keith Gill making 10 figures on his GameStop equity and options holdings. Author: Shaurya Malwa

A group of 108 former federal prosecutors and agents have signed a public letter to U.S. Secretary of State Antony Blinken urging the State Department to “step up” its efforts to secure Binance compliance head Tigran Gambaryan’s release from a Nigerian prison, Axios reported Thursday evening. Author: Cheyenne Ligon

Evolved apes was a $3 million NFT rug pull that lured investors in with the promise of developing a video game. Author: Sam Reynolds

Cathie Wood’s Ark Invest was the first company to seek permission to create a spot ether ETF in September, a pioneer who blazed the trail before a wave of other high-profile applicants. It has since dropped out of the race, likely because of the incoming intense fee battle, experts say. Author: Helene Braun

The election for new members of the European Parliament starts June 6, with results expected on June 9. The more than 700 MEPs shape and decide on new laws, and will be voted in as the EU’s landmark Markets in Crypto Assets legislation starts coming into effect. Author: Camomile Shumba