this week. 🟥 🟥 🟥 

* SEC Ends Ethereum Inquiry: SEC has informed Consensys that Ethereum is not a security, but Joseph Lubin will continue the lawsuit for clearer legal definitions.

* Ethereum ETFs Update: Franklin Templeton and VanEck have updated their Ethereum ETFs' management fees to 0.19% and 0.2%, respectively. BlackRock invested $10 million in an Ethereum ETF.

* Cosmos Hub Updates: The mid-July Gaia v18 update will add features enhancing the functionality and cross-network capabilities of the ATOM token.

* LayerZero Introduces Fee: LayerZero's new Proof-of-Donation requires a $0.1 donation in USDC, USDT, or ETH per ZRO token claim.

* Arbitrum's Record Profit: Arbitrum's daily net profit soared to $3.29 million on June 20, 2024, marking a 16,000% increase.