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Tether onboards head of government affairs from PayPal

Jesse Spiro said he intended to work with industry leaders and lawmakers to help grow the ecosystem in his role at Tether.

Crypto Biz: Crypto fever hits wealth managers

This week’s Crypto Biz explores the launch of new crypto ETFs, CleanSpark’s acquisition of new mining sites, another round of conflict between Bitfarms and Riot, and more.

‘Godmother of AI’ launches World Labs with $230M funding at $1B valuation

The company’s focus will be on developing artificial intelligence with 3D perception.

Did the crypto market bottom this week? — Here’s what the data shows

Bitcoin is chasing $60,000, and altcoins are showing modest gains today. Does that mean the crypto market has bottomed?

Coinbase’s ‘Stand With Crypto’ creates NFT legal defense fund

Coinbase has emerged as a vocal advocate for the crypto industry in the face of ongoing regulatory crackdowns in the United States.

Sam Bankman-Fried files appeal for felony conviction

Following the collapse of crypto exchange FTX in 2022, the former CEO faced a jury trial and was convicted of seven felony counts and sentenced to 25 years in prison.

SEC softens stance around SAB-121: Galaxy Research

In May, United States congressional lawmakers voted to repeal Staff Accounting Bulletin-121 in a 228-182 bipartisan vote.

BNB Chain’s improving fundamentals and use cases beyond DeFi support BNB run to $600

Upcoming Binance Launchpad incentives, CZ’s upcoming release and BNB Chain’s use cases outside of DeFi appear to be behind BNB’s rally.

Brazil lifts freeze on Starlink, X accounts after $3M fine payment

The fines are tied to a legal dispute involving X’s failure to comply with court orders in the country. 

Trump’s crypto platform launch, Uniswap denies charging for protocol deployment: Finance Redefined

Trump is launching the World Liberty Financial DeFi platform, Uniswap’s CEO denies charging for protocol deployment, and the Sonic blockchain hits 720ms finality.

Bitcoin liquidations won’t be enough to break $70K+ range high — Here’s why

Bitcoin bulls stampede toward $60,000 but is there enough energy to break above to 200-day moving average? 

SEC ‘regrets any confusion’ from dubbing tokens as securities: filing

The retraction arose from the SEC’s lawsuit against Binance, but the agency is still pursuing claims against the crypto exchange for alleged securities law violations.

FOIA request reveals emails and voicemails threatening Gary Gensler

Though there was seemingly no evidence connecting them to his crypto policies, Gary Gensler has been subject to violent threats from individuals since at least 2022.

Worldcoin’s World ID gets bridge to Solana via Wormhole

Wormhole was one of 17 projects to receive a Worldcoin Wave 1 Community Grant.

Bitcoin price eyes $60K reclaim as gold hits fresh all-time high

Bitcoin joins gold in rising as markets see a bigger chance of a 0.5% interest rate cut.

Brazil’s top prosecutor defends X ban, urges Supreme Court to end disputes

For Brazil’s Attorney General’s Office, the ban on X does not violate free speech rights in the country.

Bitcoin ’anxiety stage‘ risks more September losses, but there’s a silver lining  

Bitcoin’s “anxiety stage” suggests more potential September downside before the next leg up, recent price analysis suggests. 

SEC expands Binance lawsuit: AXS, FIL, ATOM now securities

The SEC’s latest lawsuit update targets additional tokens like Axie Infinity, Filecoin, and Cosmos as unregistered securities, continuing its crackdown on the crypto industry.

North Carolina resists the CBDC tide with new payments ban

A new law in North Carolina seeks to ban CBDCs in the state, but there are questions about whether the new legislation is even legal. 

TON-based restaking protocol secures $100M institutional TVL commitment

Interest in restaking and liquid staking protocols is surging across notable blockchain networks, including Ethereum and Solana.

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