ASIC alleges Glenda Maree Rogan told clients they were investing in a high- yield fixed-interest account but sent their funds to a crypto exchange listed as a scam.

Australia bans financial adviser for 10 years for $9.6M crypto scam

The Shiba Inu development crew has rolled out a new tech layer that could 
shift how people use SHIB. According to reports, the beta version of Shib 
Alpha Layer went live on June 12, 2025. It’s made in partnership with 
ElderLabs, and it got built without any VC backing. Now users can test it 
before the full launch. Related Reading: Bitcoin To $1 Million? Michael Saylor 
Laughs Off Crypto Winter Fears Shib Alpha Layer Beta Launch Based on reports, 
the Shib Alpha Layer brings all the separate rollups in the ecosystem under 
one hood. You won’t need to jump from bridge to bridge. You transact as if 
you’re on a single chain, even though dozens of rollups run beneath the 
surface. The project reached beta in record time, and the team says they did 
it all with their own funds. User Friendly Experience Users can pay fees in 
SHIB, BONE, or any token they hold. That cuts out the problem of having to 
swap tokens just to cover gas. You’ll also get near‑instant finality, so 
transactions show up almost right away. Those features may seem small, but 
they could pull in people who find current rollup setups clunky and slow. 
Shiba Inu: Security And Privacy Features Shib Alpha Layer uses ZAMA’s Fully 
Homomorphic Encryption. That lets smart contracts run on encrypted data, so 
the logic stays private. It’s rare to see FHE live in a crypto network, but 
the beta is already up and running. Security audits have been promised before 
the public release, which should ease some worries about bugs or hacks. Today 
we flip the script. For years we’ve been called “just a meme,” spammed with 
Wen Shibarium?, and drowned in FUD from bots, burnt deadweight ex-team but 
instead of arguing, we shipped. Introducing Shib Alpha Layer (beta) — our 
rollup abstraction stack built with ElderLabs… — Kaal (@kaaldhairya) June 12, 
2025 Integration With Shibarium Shibarium is set as the settlement layer under 
this new system. According to lead developer Kaal Dhairya, every rollup 
becomes an L3 network, picking up the security that Shibarium offers. Future 
updates will open up rollup deployment to everyone and boost multi‑chain 
links. Instant bridging is on the roadmap, too, so moving assets between 
chains could happen in a click. READ THIS: https://t.co/zZcjV0VhHv — Shytoshi 
Kusama™ (@ShytoshiKusama) June 13, 2025 The team’s main coder, Kaal Dhairya, 
pointed out that early critics called SHIB a joke coin. They’d ask “Wen 
Shibarium?” and spread fear, uncertainty and doubt. He said those jibes didn’t 
slow them down. Instead, they focused on building. Related Reading: Bitcoin Is 
Just 0.2% Of Global Wealth — And That’s Why It’s Not Too Late: Analyst 
Shytoshi Kusama, another lead developer, popped back on X after a few weeks 
off to highlight this work. He’s been drafting a whitepaper on how AI could 
team up with the Shiba Inu network. He also flagged Shiba’s new Web3 gaming 
push on Astra Nova’s TokenPlay.ai. Calling an end to SHIB’s “meme era” is a 
bold claim. But if the new layer works smoothly, it could mark a shift in how 
people think about Shiba Inu. Either way, June 12, 2025, will go down as the 
day this project vied for more than just the dog coin tag. Featured image from 
Unsplash, chart from TradingView

Shiba Inu Goes Serious: Shib Alpha Layer Marks End Of Meme Era

Technical data and ETH accumulation trends suggest price dips in the $2,100 
zone are strategic purchasing opportunities.

ETH price trend data suggests all future dips are for buying

Sharplink Gaming has secured 176,271 ETH for $463 million, becoming the 
largest publicly traded holder of ether globally, and actively staking the 
majority of its position to earn network rewards. Acquisition of 176,000+ ETH 
Sees Sharplink Double Down on Ethereum Sharplink Gaming, Inc. (Nasdaq: SBET) 
has made headlines by acquiring 176,271 ETH for $462.9 million, […]

Sharplink Gaming Becomes Largest Public ETH Holder With $463 Million Purchase

After a volatile but bullish start to June, Solana (SOL) is now facing strong 
selling pressure amid rising global uncertainty. The sudden escalation in the 
Middle East—triggered by Israel’s recent strike on Iran—has sparked market- 
wide volatility, prompting a flight to safety and a pullback across risk 
assets. Solana, which had been showing momentum alongside Bitcoin and 
Ethereum, has dropped over 15% since June 11, erasing much of its early-month 
gains. Related Reading: Ethereum Repeats History – Key Support Holds Again 
Ahead Of Potential Rally As macro risks continue to rise, the altcoin market 
remains vulnerable to further downside. SOL is now approaching a critical 
technical level, and a breakdown could signal deeper losses if global tensions 
persist. Top analyst Cheds shared a technical analysis revealing that Solana 
is now re-testing a key daily demand zone, a level that previously supported 
bullish continuation. If this area fails to hold, Solana could revisit lower 
support levels seen earlier this year. For now, traders are watching closely 
to see if buyers step in to defend the zone or if further conflict will fuel 
more risk-off behavior. The next few days will be critical in determining 
whether SOL can bounce or if the broader market downturn intensifies. Solana 
Re-Tests Key Support As Market Tensions Mount Solana is standing below key 
levels, retracing after a brief rally attempt earlier this week. The asset had 
spent several days consolidating beneath the $170 level, failing to break 
above resistance as selling pressure intensified amid rising global tensions. 
Now, with the broader market on edge following the Israel–Iran conflict 
escalation, SOL finds itself back at a critical support zone. Bulls remain 
cautiously optimistic, encouraged by the broader market’s resilience and the 
potential for Bitcoin and Ethereum to regain strength. However, caution 
dominates sentiment as Solana, like most altcoins, still trades significantly 
below its all-time high near $260. The current environment of geopolitical 
risk and macroeconomic uncertainty has suppressed momentum in the altcoin 
space, making support levels all the more important. Cheds highlighted in a 
recent update that Solana is now re-testing a key daily demand zone around the 
$145 level. This zone has previously acted as a launchpad for bullish moves, 
and holding above it could provide the structure needed for a new leg higher. 
However, failure to maintain this level might open the door for further 
downside, with the next major support below $130. For now, all eyes are on how 
Solana reacts around $145. A solid bounce with increased volume could attract 
short-term buyers looking to ride a potential recovery. But with global 
markets rattled by uncertainty, the coming sessions will be crucial in 
determining whether this demand zone becomes a springboard—or a trapdoor. 
Related Reading: Ethereum Tests Previous Resistance As Support – Can Bulls 
Defend This Level? SOL Price Analysis: Re-Test of Support as Volatility Spikes 
Solana is currently trading at $145.24 after an aggressive drop from the 
$165–$170 range. The 4-hour chart shows a clear breakdown below all key moving 
averages (50, 100, and 200), which had previously served as dynamic support. 
The red 200 SMA at $165.33 now acts as overhead resistance, capping short-term 
recovery attempts. The recent sell-off—triggered by broader geopolitical 
tensions in the Middle East—pushed SOL straight into a key demand zone around 
$143–$145, where buyers have historically stepped in. The long lower wick from 
today’s candle reflects strong intraday buying at these levels, suggesting 
that some participants see this as a value zone. However, volume remains 
elevated, and the structure appears fragile. Any failure to hold $145 could 
open the door to a deeper retracement toward the $130 region. On the flip 
side, reclaiming the 100 SMA at $157.46 would be an early sign of renewed 
bullish momentum. Related Reading: Solana Forms Higher Low: Charging Toward 
Range Highs? Momentum indicators likely remain oversold, and if the broader 
market stabilizes, this level could mark a temporary bottom. Still, with 
volatility high and macro uncertainty looming, traders may want to stay 
cautious until a clear direction emerges. For now, $145 is the line in the 
sand. Featured image from Dall-E, chart from TradingView

Solana Approaches Critical Support Amid Middle East Conflicts – Can Demand Hold?

The former global head of institutional markets for Blockchain.com and a 
partner at a Washington, DC-based law firm will be the latest additions to SEC 
staff.