campaign
* Martin Shkreli claims he co-created DJT token with Barron Trump, sparking controversy. * DJT token surged 385% to $0.02516 after unverified report of Trump's involvement. - * PoliFi tokens, including TRUMP and TREMP, down as DJT rises. * Exchanges like Kraken, ByBit, and OKX refuse to list TRUMP for being
altruism
* FTX demands return of $5M used for right-wing events at former hotel. * Property now owned by Lightcone Infrastructure hosts conferences for Silicon Valley supporters. * Guests at recent event included supporters of eugenics and scientific racism. * FTX sent $4.9M to Lightcone, including a $1M deposit not repaid. * FTX filed a
airdrops
* ZKsync's ZK airdrop claims live, token trading at $0.22 * Market cap at $835M, FDV $4.7B * ZK trading volume ~$855M, available on Binance, Bybit, Gate.io, KuCoin * Positive Twitter sentiment, potential undervaluation compared to Starknet * Binance ZK listing, withdrawals start June 18, 2024 * Concerns over ZK token
ai
* Tether introduces Alloy, a gold-backed stablecoin pegged to USD on the new Alloy platform. * Alloy (aUSDT) is overcollateralized by Tether Gold (XAUt) and is a synthetic dollar. * Users can mint aUSDT by depositing XAUT through smart contracts and price oracles. * Alloy by Tether offers long-term exposure to gold while providing
bank
* Itaú Unibanco opens Bitcoin trading to 60 million customers via Ion app. * Initial crypto trading was limited but strong demand led to wider access. * Ion app surpasses 3.5 million downloads, indicating significant interest in Brazil. * Itaú built its own custody solution for user wallets, ensuring asset segregation. * Bitcoin'
bankruptcy
* FTX debtors seek authorization for second phase of investigation into US exchange collapse. * Focus on Sullivan & Cromwell's representation, claims against former shareholders, and balance sheet discrepancies. * Investigation expected to take 10 weeks and cost $3 million. * Previous report alleged FTX misconduct, including using customer funds to cover
binance
* Binance celebrates 200 million global users, aiming for 1 billion. * Self-reported figures show rapid user growth, from 130M in 2022 to 200M in 2024. * Binance on track to reach 300 million users by 2026. * Accounts for 36% of global cryptocurrency user base. * Reached $100 billion in user assets under custody.
bitcoin
* Semler Scientific acquires 247 BTC for $17M, plans to raise $150M for more. * Following MicroStrategy, Semler sees Bitcoin as inflation hedge and safe haven. * Company aims to enhance shareholder value by adding Bitcoin to balance sheet. * Bitcoin's game theory in action as more public firms adopt MicroStrategy'
approval
* SEC Chair Gensler hints at delays for spot Ether ETF approvals on U.S. exchanges. * 19b-4 filings approved for major asset managers, but final ETF approvals could take months. * Gensler suggests slow approval process, but SEC already moving towards listing shares. * Spot Ether ETFs approved after Bitcoin ETFs, no commissioner
baincapitalcrypto
* Bain Capital Crypto plans to launch a second fund, per SEC filing. * First fund launched in March 2022 with $560 million. * Active investor in 2022-2023 despite crypto market challenges. * Focus on DeFi and Web3 sectors, invested $100 million. * Co-led by Stefan Cohen and Alex Evans. * New fund details undisclosed, declined
banking
* The Qatar Central Bank completed CBDC infrastructure and launched experimental project. * Focus on distributed ledger technology, AI, liquidity enhancement, and securities transactions. * Project runs through October; started studying CBDC in March 2022. * UAE involved in mBridge project and CBDC proof-of-concept with Saudi Arabia. * QCB launched fintech sandbox Express Sandbox for
blockchain
* Carlo D’Angelo: lawyer, former law professor, crypto enthusiast, host of Lex Line podcast. * SEC approved spot Ethereum ETFs, deeming ETH a commodity, shifting oversight to CFTC. * Approval may impact SEC's crypto crackdown, pending lawsuits against Coinbase and Kraken. * ETH ETF decision could limit SEC's regulatory