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Tether Debuts New ‘Synthetic’ Dollar Backed by Tokenized Gold in Tokenization Push

Tether Debuts New ‘Synthetic’ Dollar Backed by Tokenized Gold in Tokenization Push

Users can mint new tokens using the company’s new Alloy platform, which will be part of Tether’s upcoming tokenization venture, CEO Paolo Ardoino said.

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U.S. SEC’s Crypto Enforcer David Hirsch Quits

David Hirsch, a senior member of the U.S. Securities and Exchange Commission crypto oversight unit has left the organization, he posted on LinkedIn on Monday.

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The State of Crypto: The Fortune 500 Moving Onchain

Coinbase’s Q2 2024 State of Crypto: The Fortune 500 Moving Onchain report, the result of  a research collaboration with The Block, provides an updated view of blockchain adoption among America’s top public companies.

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SEC’s Head of Crypto Asset and Cyber Unit departs after nearly nine years

The head of the U.S. SEC’s Crypto Asset and Cyber Unit in the Division of Enforcement has left the agency after nearly nine years.

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JPMorgan: US-listed bitcoin miners hit $22.8 billion market cap amid rising hashrate share, AI opportunities

U.S. bitcoin mining stocks have rallied in the first half of June amid a rising hashrate share and AI data center opportunities.

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First Mover Americas: Crypto Majors Subdued After Fed’s Hawkish Stance

The latest price moves in bitcoin (BTC) and crypto markets in context for June 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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ZKsync token goes live with $925 million market cap following airdrop

The ZKsync token, currently priced at around $0.25, went live on Monday and has been listed with various trading pairs on Binance.

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Bitcoin Investment Products Saw Over $600M in Outflows Last Week: CoinShares

Crypto markets have been laid low by a hawkish stance on interest rate cuts by the FOMC.

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U.S.-Listed Bitcoin Miners Reached Record Total Market Cap of $22.8B in June: JPMorgan

Mining stocks outperformed bitcoin in the first half of the month as investors reacted positively to news of Core Scientific’s AI deal with CoreWeave, the report said.

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US spot Bitcoin ETFs saw $581 million in weekly outflows amid ‘more hawkish-than-expected’ FOMC meeting: CoinShares

U.S. spot Bitcoin ETFs ended a four-week run of consecutive net inflows, with $580.6 million exiting the funds last week.

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