Tether Debuts New ‘Synthetic’ Dollar Backed by Tokenized Gold in Tokenization Push Users can mint new tokens using the company’s new Alloy platform, which will be part of Tether’s upcoming tokenization venture, CEO Paolo Ardoino said.

Australian Securities Exchange Gives Its First Approval of a Spot Bitcoin Listing to VanEck The Australian Securities Exchange (ASX), which accounts for 90% of Australia’s equity market, has approved its first spot-bitcoin {BTC} exchange-traded fund (ETF), according to a blog from the issuer VanEck.

Financial Stability Board to Extend Its Work on Stablecoin Risks in Emerging and Developing Economies The Financial Stability Board (FSB) said it will undertake further work to consider the challenges associated with risks of global stablecoin arrangements in emerging and developing economies.

U.S.-Listed Bitcoin Miners Reached Record Total Market Cap of $22.8B in June: JPMorgan Mining stocks outperformed bitcoin in the first half of the month as investors reacted positively to news of Core Scientific’s AI deal with CoreWeave, the report said.

Bitcoin Investment Products Saw Over $600M in Outflows Last Week: CoinShares Crypto markets have been laid low by a hawkish stance on interest rate cuts by the FOMC.

First Mover Americas: Crypto Majors Subdued After Fed’s Hawkish Stance The latest price moves in bitcoin (BTC) and crypto markets in context for June 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

U.S. SEC’s Crypto Enforcer David Hirsch Quits David Hirsch, a senior member of the U.S. Securities and Exchange Commission crypto oversight unit has left the organization, he posted on LinkedIn on Monday.

Drake on Brink of $1M Bitcoin Loss as NHL and NBA Bets Sour Canadian singer Drake is on the cusp of losing $1 million worth of crypto after he placed two individual $500,000 bets on the Edmonton Oilers and the Dallas Mavericks to win their respective Stanley Cup and NBA finals.

MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge The proceedings of the issuance will be used to acquire more bitcoin and for general corporate affairs.

Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly BTC plummeted more than 2% in an hour to $65,200 during the U.S. trading session from around the $67,000 area. The leading crypto was down 7.5% over the past seven days

Mass Adoption Would Ruin Crypto. Keep It a Niche There is an unavoidable tension between the aims of decentralization and onboarding everyday users.

Two Men Charged With Running Darknet Marketplace Empire Market Federal prosecutors in Illinois have charged two men with owning and operating Empire Market, a darknet marketplace, according to court documents filed Friday.

South Africa Re-Elects Cyril Ramaphosa of the ANC as President South African president Cyril Ramaphosa of the African National Congress (ANC) party was re-elected on Friday, and will lead the country’s first multi-party coalition government.

More Central Banks Are Exploring a CBDC, BIS Survey Finds There’s a greater chance of a wholesale CBDC being issued within six years than a retail one, according to the report.

Bitcoin Traders See Short-Term Bearish Target at $60K as Miners Pare Holdings Persistent testing of the lows sets the bears up for quick success with their next target at $60,000, one trader said.

Nigeria Drops Tax Charges Against Binance Executives The executives, Tigran Gambaryan and Nadeem Anjarwalla, are still named in a money-laundering case.

First Mover: Bitcoin Struggles Near $67,000 as Cryptos Lag Behind Stocks The latest price moves in bitcoin (BTC) and crypto markets in context for June 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

DeFi Heavyweight Curve Focused on Becoming ‘Safest’ Lending Platform, Founder Says Curve founder Michael Egorov’s $100 million in loans taken from various protocols using Curve’s CRV tokens started to automatically liquidate on Thursday, sending the token down as much as 30% before it briefly recovered.

Here’s Why Bitcoin’s Not Keeping Pace With Nasdaq Bitcoin has declined 6% in one week even as Nasdaq rallies to fresh record highs.

Taiwan Crypto Advocacy Body Becomes Formally Active With 24 Entities Taiwan’s crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.