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Gemini to pay $50 million to settle New York crypto fraud claim — link | archive

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Paradigm raises $850 million for a third investment fund — link | tl;dr

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Swiss regulator shutters crypto-linked FlowBank, begins bankruptcy process — link | tl;dr

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MicroStrategy announces a proposed private offering of $500 million of convertible senior notes to buy more Bitcoin — link

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Taiwan forms crypto industry association as major step toward self-regulation — link | tl;dr

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Biden campaign in talks to accept crypto donations through Coinbase Commerce: sources — link | tl;dr

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OKX confirms a few user accounts were drained via identity theft — link | tl;dr

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US spot Bitcoin ETFs see $65 million in net outflows, ending 19-day inflow streak — link | tl;dr

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Historically, Q3 has had the lowest volume by a significant margin, with cumulative BTC trade volume over 40% below the highest volume quarter — link

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Medical device maker Semler Scientific buys $17 million more Bitcoin and is raising money to purchase more — link | tl;dr

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Chinese expats can trade crypto on Bybit — link | tl;dr

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A short-term, 30-day correlation between Bitcoin and the Nasdaq 100 Index of US technology stocks is around the highest since early 2023, suggesting that further gains in the equity gauge may be accompanied by a move higher in the crypto market leader — link

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Robinhood to buy crypto exchange Bitstamp in effort to expand outside the U.S — link | tl;dr

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Spanish court grants bail for Roger Ver in extradition fight related to US tax fraud charges — link | archive

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Nigeria drops tax charges against Binance executives: family spokesperson — link | tl;dr

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USD-backed stablecoin continues to dominate the crypto market. Nearly 90% of all crypto transactions are executed using USD-backed stablecoins relative to the USD. Their average weekly volume in 2024 was $270bn which is 70 times higher than their EU counterparts.

In contrast, just 1.1% of all transactions are done using Euro-backed stablecoins. However, it is notable that this share has increased from near zero in 2020 and is currently at an all-time high — link

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Gensler sees spot ETH ETF S-1’s will likely be approved by the end of the summer — link | coindesk | tl;dr

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Terraform Labs to dissolve, CEO asks community to take over following $4.47 billion SEC settlement — link | tl;dr

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On June 12, U.S. spot Bitcoin ETFs saw +$101m net inflows — link

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Terraform Labs agrees to pay $4.47 billion in SEC case — link

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Trump says he will advocate for bitcoin miners in White House: report — link | tl;dr

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Digital asset investment products saw inflows totalling $2bn, bringing this recent 5 week run of inflows to $4.3bn. Trading volumes in ETPs rose to $12.8bn for the week, 55% up from the week prior — link

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Customers Bank said to debank some digital asset hedge funds — link | tl;dr

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Former US prosecutors urge State Secretary to rescue detained Binance exec in Nigeria: report — link | tl;dr

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Proshares proposes listing and trading of spot Ethereum ETF shares under NYSE — sec

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Kraken said to be in talks for pre-IPO fund raising round, seek to raise more than $100 million — link | archive

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Binance resumes Mastercard payments for crypto — link | tl;dr

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Paxos unveils yield-generating stablecoin Lift Dollar — link | tl;dr

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U.S. spot Bitcoin ETFs saw today +$887.1m net inflows, the largest net inflow day since March 12th and the second highest net inflow day since inception — link

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