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Startup Arbol Unveils AI and Blockchain-Powered Climate Insurance Platform
The market for climate insurance is estimated to triple in the next decade.

EU Legislation for Digital Euro Is Put on Hold: Source
A bill covering privacy and distribution of the central bank digital currency, originally scheduled for June 28, will be delayed

DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken Ventures
Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets.

BlackRock Close to Filing for Bitcoin ETF Application: Source
BlackRock will be using Coinbase (COIN) Custody for the ETF and the crypto exchange’s spot market data for pricing, the source said.

Crypto Exchange OKX Wins Preparatory License in Dubai, Set to Boost Staff
Once the so-called MVP license becomes operational, OKX Middle East will offer spot, derivatives and fiat services including U.S. dollar and UAE dirham deposits and withdrawals.

Crypto Prime Broker FPG Loses Up to $20M in Cyber Attack
FPG told customers via email that it had ceased trading, deposits and withdrawals after experiencing a cyber security incident on Sunday, June 11.

Bitcoin Miner Crusoe Energy Secures 50 BTC on Newly Launched Liquidity Platform Block Green
Block Green aims to unlock liquidity from institutional investors for miners and incentivize green mining.

Bankrupt Crypto Exchange Bittrex U.S. Set to Allow Withdrawals Starting Thursday
The move follows a Tuesday ruling from a Delaware court.

Blockchain Staking Provider Chorus One Expands to Peer-to-Peer Network Urbit
Chorus One's bet on Urbit's future growth is described by executives as a natural extension of the company's staking services on blockchains including Ethereum, Solana, Cosmos and Polkadot.

Crypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust: Sources
The financial terms of the deal were not disclosed by the source.
