Crypto News Daily – June 26, 2023

Last Updated on June 26, 2023

zkSync unveils new network of ‘Hyperchains’ — Testnet by end of year:
https://cointelegraph.com/news/zksync-new-hyperchains-network-testnet-by-year-end
“…compare the ZK Stack to the framework of the internet, which enables a limitless expansion of the network. “You can always add more servers, more cables, more connections and grow it from 1000 servers to 1 million servers to 1 billion servers,” he says. “Blockchains today are not having this property.”

Libya cracks down on illegal crypto mining, arrests 50 Chinese nationals:
https://crypto.news/libya-cracks-down-on-illegal-crypto-mining-arrests-50-chinese-nationals/
“…conducted in structures without windows, housing numerous industrial fans and a significant quantity of computers and hardware.”

Binance reverses decision to delist privacy coins in Europe:
https://cointelegraph.com/news/binance-relists-privacy-coins-in-europe