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Crypto Briefing - Bitcoin, Ethereum and the future of finance

  • paxos uae scene futuristic

    Paxos launches Lift Dollar, a rebased yield-generating stablecoin

    Paxos introduces the Lift Dollar in the UAE, offering a stablecoin with a daily yield aligned with US Treasury bonds.

    Business

  • SEC Chairman Gensler weighs in on approving more token ETFs

    SEC Chairman Gensler weighs in on approving more token ETFs

    SEC Chairman Gensler addresses the complexities of crypto ETF approval, emphasizing the need for transparency and investor protection.

    Ecosystem

  • DMM Bitcoin logo with golden hue.

    DMM Bitcoin announces compensation strategy for hack victims

    DMM Bitcoin to use loans and capital raise to repay customers after $305M in bitcoin was stolen in a recent security breach.

    Business

  • June BEP2 Shutdown: Transition to BSC Effortlessly with ChangeNOW

    June BEP2 Shutdown: Transition to BSC Effortlessly with ChangeNOW

    A step-by-step guide on how to migrate your BEP2 tokens to BSC using ChangeNOW to avoid any potential loss of funds due to the BEP2 shutdown.

  • David Paul Morris/Bloomberg via Getty Images. AI-enhanced image of Vitalik Buterin.

    Vitalik Buterin critiques celebrity memecoin trend, outlines criteria for respectable projects

    Vitalik Buterin criticizes celebrity memecoin trend, outlines criteria for respectable projects that provide value to society and engage participants beyond trading.

    Meme Coins

  • Golden Bitcoin with VC logos.

    Crypto startups secure $777 million from VC funds in May

    Crypto startups secured $777M from VCs in May, with blockchain infrastructure and Bitcoin's DeFi ecosystem attracting significant investments.

    Markets

  • crypto email breach scene

    Crypto firms targeted in potential email vendor breach, warns Tether CEO

    Tether's CEO warns of a compromised email service affecting crypto firms. CoinGecko confirms potential impact, urging caution against phishing scams.

    Ecosystem

  • Tether announces .75M investment in XREX Group to promote financial inclusion

    Tether announces $18M investment in XREX Group to boost crypto adoption and financial inclusion

    Tether announced a strategic $18M investment in XREX, aiming to enhance cross-border payments and promote financial inclusion.

    Business

  • Binance Coin BNB breaks 0, registers new all-time high

    Binance Coin BNB breaks $700, registers new all-time high

    Binance Coin reaches a historic $709, eclipsing top companies' valuations amid a strong uptrend in the crypto market.

    Markets

  • LRT Skyrockets 10x in First 24 Hours, Game Launch is a Massive Success

    LRT Skyrockets 10x in First 24 Hours, Game Launch is a Massive Success

    Dubai, UAE, June 5th, 2024, Chainwire LandRocker, the groundbreaking Play-to-Earn (P2E) gaming platform, has made a spectacular entry into the market, achieving remarkable milestones that have positioned it as a leader in the P2E gaming sector. The recent listing of LandRocker’s token (LRT) on MEXC and Uniswap has been met with overwhelming success, attracting significant

    Press Release

  • House budget bill could restrict SEC's funding for SAB 121

    Upcoming House budget bill could restrict SEC’s funding for SAB 121

    The House Appropriation budget may prevent the SEC from enforcing SAB 121, with a policy rider blocking fund use for the rule.

    Regulation

  • Bitcoin eyes all-time high with 4% gap as ETFs record massive inflows on day 100

    Bitcoin eyes all-time high with 4% gap as ETFs attract massive inflows

    Bitcoin nears historic peak as ETFs experience unprecedented inflows, signaling robust investor confidence.

    Bitcoin

  • SEC to shut down Salt Lake Regional Office following DEBT Box sanctions fiasco

    SEC to shut down Salt Lake Regional Office following DEBT Box sanctions fiasco

    The SEC's Salt Lake office is set to close after a judge's order the agency to pay $1.8 million due to a lawsuit against DEBT Box.

    Regulation

  • Zand Bank and MANTRA Sign Landmark MOU

    Zand Bank and MANTRA Sign Landmark MOU

    Dubai, UAE, June 5th, 2024, Chainwire Zand Bank PJSC, the digital bank licensed by the Central Bank of the UAE, and MANTRA, an RWA-focused Layer 1 blockchain, have signed a Memorandum of Understanding (MOU) to streamline the process of real-world asset tokenization, including the identification, listing and distribution of RWAs. The collaboration between these two

    Press Release

  • MinerValley: The Strategic Importance of Global Warehouse Placement in Crypto Mining

    MinerValley: The Strategic Importance of Global Warehouse Placement in Crypto Mining

    In the dynamically evolving landscape of cryptocurrency mining, efficiency and quick adaptability are vital aspects that distinguish successful ventures.

    Bitcoin

  • Crypto set for a “bright June," according to industry experts

    Crypto set for a “bright June,” according to industry experts

    Ethereum ETFs in the US herald a positive turn for the crypto market, with experts predicting a bullish trend and increased investor confidence.

    Ecosystem

  • Ordinals and Runes are proof of Bitcoin’s permissionless nature — Casey Rodarmor

    Ordinals and Runes are proof of Bitcoin’s permissionless nature — Casey Rodarmor

    Casey Rodarmor's Bitcoin protocols Ordinals and Runes fuel a debate on blockchain functionality and security, marking a new era for Bitcoin.

    Education

  • Bitcoin metrics indicate return of speculative activity in crypto

    Bitcoin metrics indicate return of speculative activity in crypto

    Exploring the resurgence of market speculation in Bitcoin as Long-Term Holders show profits and the Mt.Gox distribution event looms.

    Bitcoin

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