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Ethereum foundation slashes core team amid ongoing reorganization

The Ethereum foundation has announced a shakeup of its internal structure, including the rebrand of its research and development team. A June 2 release by the Ethereum Foundation has outlined a strategic restructuring of its core development team. The reorganization aims to sharpen focus, improve collaboration, and accelerate progress toward Ethereum’s scaling and usability goals….

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Crypto ATM operators in Australia hit with cash limits and tougher compliance checks

Australia has introduced new operating conditions and cash transaction limits for crypto ATM providers to curb scams and enhance anti-money laundering compliance. In a June 3 press release, the Australian Transaction Reports and Analysis Centre (AUSTRAC) stated that crypto ATM operators must now implement a cash deposit and withdrawal cap of 5,000 Australian dollars (approximately…

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