NEWS
Where Is The Capital Going?
Altcoin markets (excluding Ether (ETH)) recently saw $266 billion in net selling volume on centralized exchanges, the deepest reading since the metric began tracking spot…
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Posts by BTCLFGTEAM
NEWS
Bitcoin (BTC) layer-2s face a bear-market reality check
The distinction matters. Wrapped bitcoin products such as WBTC, Coinbase’s cbBTC and Circle’s recently announced synthetic bitcoin product already allow BTC to circulate in DeFi.…
NEWS
CoinFund, Coinbase Back Stablecoin Payments Startup Trace Finance in $32 Million Raise
In brief Trace Finance raised a $32 million Series A round led by CoinFund, with backing from Coinbase Ventures, Haun Ventures, and more. The funding…
NEWS
FIFA wanted Avalanche’s blockchain to help curb World Cup ticket scalping. Here’s how it’s going
Beyond new revenue opportunities, the model gives FIFA more visibility into who ultimately attends its events. In the traditional ticketing ecosystem, much of that information…
NEWS
Estonia Wants to Give AI Agents Their Own National ID
In brief Estonian Prime Minister Kristen Michal approved an Eesti.ai advisory council proposal on June 17 to create an “AI personal identification code.” The ID…
NEWS
Coinbase-Backed Crypto Perps Exchange Satori Finance Is Shutting Down
In brief Multi-chain perps exchange Satori Finance is closing its doors next month. The firm raised $10 million from Coinbase Ventures, Jump Capital, and others…
NEWS
Federal Reserve holds rates steady in first decision under Chair Kevin Warsh
The Federal Reserve left its benchmark fed funds rate range unchanged at 3.50%-3.75% on Wednesday, a move markets had expected nearly unanimously. “Economic activity is…
NEWS
Kalshi Partners with StarCompliance on Prediction Market Surveillance
Prediction market Kalshi has partnered with compliance software provider StarCompliance to launch a monitoring platform designed to help financial companies oversee employee activity on prediction…
NEWS
US lawmakers Warn Against Presidential Pardon for Sam Bankman-Fried
Two US lawmakers on opposite sides of the political aisle are backing a resolution that “under no circumstances should Samuel [SBF] Bankman-Fried receive executive clemency,…
NEWS
Crypto industry aghast at Illinois’ new tax on holding or transferring digital assets in state budget
The crypto industry is pushing back against a new tax law in the state of Illinois that enacts a 0.2% tax on businesses transacting or…
