Standard Chartered Is Building a Spot BTC, ETH Trading Desk
Standard Chartered would become one of the first global banks to enter spot cryptocurrency trading.Source
Bitcoin ETFs Post $900M in Net Outflows This Week
Thursday marked the fifth straight day of net outflows for the U.S.-listed ETFs in their worst performance since mid April.Source
Winklevoss Twins Say They Each Gave $1 Million to Trump Presidential Campaign
Gemini CEO Tyler and his twin brother Cameron Winklevoss, the company’s president, have made two of the first major presidential contributions from prominent crypto executives, favoring former President Donald Trump with $1 million each in support, Tyler explained Thursday in a extensive posting on X.Source
California Judge Breaks With New York Counterpart, Sends Ripple Securities Lawsuit to Trial
A California judge has ruled that a civil securities lawsuit against Ripple will proceed to trial, denying in part the crypto firm’s motion for summary judgment in a suit alleging that Ripple’s CEO violated state securities laws in 2017.Source
California Judge Dismisses Part of Civil Lawsuit Against Ripple, Sends Rest of Securities Case to Trial
A California judge has ruled that a civil securities lawsuit against Ripple will proceed to trial, denying in part the crypto firm’s motion for summary judgment in a suit alleging that Ripple’s CEO violated state securities laws in 2017.Source
Canada’s 3iQ Files to List Solana ETP in Toronto
3iQ was a leader in getting some of the first crypto ETFs past the finish line and listed on the TSXSource
Protocol Village: Farworld, Building Gaming on Farcaster, Raises $1.75M
The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 20-26.Source
Mexican Cartels Using BTC, ETH, USDT, Other Tokens to Buy Fentanyl Ingredients: U.S.
Criminal organizations in Mexico have been using several popular digital assets to buy the materials needed to make the drug fentanyl, according to the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN), which cited the use of bitcoin and other tokens in a Thursday advisory.Source
DeFi Technologies Stock Sell-Off Is ‘Attractive Buying Opportunity,’ Benchmark Says
The stock lost nearly half of its value earlier this week following the tumble in altcoins and after the publication of a negative opinion piece in a crypto newsletter, the report said.Source
Crypto Custody Firm Fireblocks Adds ‘One-Click’ Audits, Tax Reporting
Software from Web3 accounting company Tres works with a wide range of digital asset networks, and can be integrated with accounting software such as QuickBooks, Xero and NetSuite.Source