Tether Taps Chainalysis Chief Economist Philip Gradwell as Economics Head
Gradwell will be responsible for quantifying the Tether economy to regulators.Source
BlackRock Assets Under Management Rise Through $10T
The asset manager is the largest public holder of bitcoin by virtue of its iShares Bitcoin Trust exchange-traded fund, which now holds more than 300,000 BTC.Source
Tornado Cash Co-Founder Alexey Pertsev Denied Bail by Dutch Court
Alexey Pertsev, the co-founder and developer behind Tornado Cash, was denied bail by a Dutch court on Friday, according to DLNews.Source
Spain National Fan Token Slides 20% After UEFA Euro 2024 Win
Fan tokens are known to see anticipatory gains and post-tournament losses.Source
Bitcoin Retakes $62K as ‘Trump Trades’ Back In Vogue After Weekend Attack
The weekend attack on pro-crypto presidential candidate Trump should galvanize bids for cryptocurrencies, one observer said.Source
Trump’s Odds of Victory Hit All-Time High on Polymarket After Shooting
The former president, who was injured at a rally in Pennsylvania on Saturday, now has a 69% chance of retaking the White House, according to traders on the crypto-based prediction market. Trump-themed Polifi tokens and crypto broadly also rose.Source
Conduct Versus Code May Be the Defining Question in Roman Storm Prosecution
Prosecutors and Roman Storm’s attorneys met in court Friday to argue over motions to dismiss the charges against the developer and address evidentiary questions.Source
Fed Might Focus on Weakening Labor Market Rather Than Inflation as It Mulls Rate Cuts: Economists
A weakening labor market could persuade the Fed to cut rates even as inflation is not yet back to the Fed’s 2% goal.Source
MakerDAO’s $1B Tokenized Treasury Investment Plan Draws Interest from BlackRock’s BUIDL, Ondo, Superstate
MakerDAO’s competition to allocate funds will open next month, and would give a big boost for the $1.8 billion tokenized real-world asset space.Source
Traditional Money Launderers Appear to Be Using Crypto, Chainalysis Says
The crypto tracing company’s latest report shines a light on potential money laundering.Source