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Meme Coins and Macro: U.S. Credit Card Holders Most Stressed Since 2012

The percentage of credit card loans outstanding for over 90 days has increased to the highest since 2012, a signal that speculative activity may ease off.

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Author: Omkar Godbole

Martin Shkreli Says He is Behind Trump-Linked DJT as ZachXBT, GCR Start Poking Around

The relatively new token created ripples in the crypto community on X this week over its supposed existence as the “official” Donald Trump token. But it turns out one of its biggest loudmouths was behind its issuance.

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Author: Shaurya Malwa

IMF Says CBDCs Could Boost Middle East’s Financial Inclusion, Payment Efficiency

Central bank digital currencies (CBDCs) may not be essential to achieving intended policy goals, instead addressing underlying constraints and improving other digital payment systems may be a more practical alternative, a survey of 19 central banks in the Middle East and Central Asia (ME&CA) region by the International Monetary Fund’s (IMF) has said.

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Author: Amitoj Singh

LayerZero opens eligibility checker for upcoming token airdrop

Ahead of the planned airdrop, LayerZero had been paying more efforts to rid Sybil activity that take unfair advantage over token airdrops.

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Author: Danny Park

US spot bitcoin ETFs see $152 million in net outflows, extending negative streak to four days

The U.S. spot bitcoin ETFs recorded $152.42 million in net outflows on Tuesday, compared to outflows of $145.83 million on Monday.

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Author: Timmy Shen

Patrick McHenry Explains FIT21’s Passage

Congressman Patrick McHenry (R-N.C.) chairs the powerful House Financial Services Committee, and has been the leading Republican on the panel for years. Last year, he spent a few weeks as the Speaker Pro Tempore of the House of Representatives, after lawmakers voted to oust then-speaker Kevin McCarthy (R-Calif.). McHenry announced his retirement in December and will leave office when his term expires this coming January. He spoke virtually at Consensus 2024 in Austin at the end of May.

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Author: Nikhilesh De

‘Pharma Bro’ Martin Shkreli claims he co-created the DJT token: ZachXBT

Shkreli had been claiming that DJT is the official token issued by the Trump campaign, setting a $100 million bet on its authenticity.

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Author: Danny Park

US SEC closes investigation in Ethereum 2.0, ‘major win’ for industry: Consensys

The SEC decision came after Consensys sent a letter requesting clarification of ether’s category in the approval of spot ether ETFs.

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Author: Danny Park

Arkham offers $150,000 bounty to find out who’s behind Trump-themed DJT token

The token is up over 300%, presumably based on an unsubstantiated report Trump’s camp had launched the token

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Author: RT Watson

Bitwise discloses $2.5 million seed investment in latest amended filing for its spot Ethereum ETF

Bitwise updated its form for its spot Ethereum ETF as the asset management firm, among others, waits for the go-ahead from the SEC.

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Author: Sarah Wynn


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