• Kakarot zkEVM secures backing from StarkWare and Vitalik Buterin in pre-seed round.
• Japan’s Personal Information Protection Commission warns OpenAI against collecting data without consent.
• Coinbase Derivatives Exchange unveils Bitcoin and Ethereum futures; Silvergate to submit shutdown plan after Federal Reserve order.

Kakarot zkEVM Secures Pre-Seed Investment

Kakarot zkEVM, a smart contract privacy platform, has secured an investment from StarkWare and Ethereum co-founder Vitalik Buterin in its pre-seed round.

China Publishes National Blockchain Standard

China has published a national blockchain standard that will provide technical guidance for developers who are building applications on the blockchain. This standard is expected to help promote the development of the industry and encourage the adoption of blockchain technology in China.

Japan Warns OpenAI About Data Collection Risks

Japan’s Personal Information Protection Commission has cautioned OpenAI against collecting data without consent due to privacy concerns and potential risks associated with generative artificial intelligence (AI). The commission may take further action if necessary.

Coinbase Launches Ethereum & Bitcoin Futures

Coinbase Derivatives Exchange has unveiled its Bitcoin and Ethereum futures products, allowing traders to speculate on the price movements of these cryptocurrencies with up to 50x leverage.

Silvergate Submits Shutdown Plan After Fed Order

Silvergate Bank is submitting a shutdown plan in response to an order from the Federal Reserve requiring it to cease operations by June 30th due to recent financial losses.