Stablecoins
Mining
TeraWulf stock tumbles 7% amid $425 million convertible notes announcement
Despite the interesting coincidence, the price crash could be also related to a healthy market correction.
Hacks
US government-linked address likely exploited for over $20 million in crypto
The US-government controlled wallet held significant amounts of seized crypto linked to the Bitfinex hack in 2016.
Politics
Ripple CEO optimistic about crypto post-election, regardless of outcome
Brad Garlinghouse is expecting a positive 'political reset' for crypto with the end of Biden administration, regardless of what party wins.
Gaming
GameFi set to leap to $301 billion by 2030 with real-world rewards – Nansen
The proposition of true ownership of assets through tokens is a key driver for the GameFi ecosystem expansion, a report by Nansen pointed out.
Analysis
Bitcoin’s bullish momentum seeking ‘euphoric’ market shift – Glassnode
Bitcoin reclaimed key indicators and currently displays growing institutional appetite, which sets the stage for a potential 'euphoric bull run.'
Culture
Michael Saylor reverses remarks on self-custody, calls it ‘a right for all’
Saylor said that the right to self-custody applies to all individuals and institutions, who have the freedom to choose the form of custody.
ETF
Institutional investors now hold 20% of US-traded spot Bitcoin ETFs
Spot Bitcoin ETFs have been exposure to 1,179 institutions since their launch in January, according to 13F Form filings.
Regulation
SEC chair Gensler defends enforcement approach to crypto amid criticism
Despite highlighting the publication of Bitcoin's white paper, Gensler stated that the SEC will keep regulating by enforcement.
Adoption
Billionaire Paul Tudor Jones is ‘long’ on Bitcoin and gold to hedge against inflation
Jones said his trading strategy is partially driven by the expectation that former President Donald Trump will win the US elections in November.
Politics
Crypto industry wields growing influence in US politics with donations climbing over $190 million
Crypto-driven donations are playing a crucial role in toss-up districts as the industry tries to secure political allies.
Crypto
Stripe acquires stablecoin platform Bridge for $1.1 billion
Striped paid more than 5x more than the stablecoin platform's $200 million valuation.
Exchanges
Coinbase files FOIA requests targeting FDIC over crypto banking restrictions
The requests differ from the ones directed at the SEC in 2023 and seek clarity over alleged FDIC misconduct against crypto friendly banks.
