Tether Taps Chainalysis Chief Economist Philip Gradwell as Economics Head
Gradwell will be responsible for quantifying the Tether economy to regulators.
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BlackRock Assets Under Management Rise Through $10T
The asset manager is the largest public holder of bitcoin by virtue of its iShares Bitcoin Trust exchange-traded fund, which now holds more than 300,000 BTC.
Tornado Cash Co-Founder Alexey Pertsev Denied Bail by Dutch Court
Alexey Pertsev, the co-founder and developer behind Tornado Cash, was denied bail by a Dutch court on Friday, according to DLNews.
Trump’s Odds of Victory Hit All-Time High on Polymarket After Shooting
The former president, who was injured at a rally in Pennsylvania on Saturday, now has a 69% chance of retaking the White House, according to traders on the crypto-based prediction market. Trump-themed Polifi tokens and crypto broadly also rose.
Conduct Versus Code May Be the Defining Question in Roman Storm Prosecution
Prosecutors and Roman Storm’s attorneys met in court Friday to argue over motions to dismiss the charges against the developer and address evidentiary questions.
Fed Might Focus on Weakening Labor Market Rather Than Inflation as It Mulls Rate Cuts: Economists
A weakening labor market could persuade the Fed to cut rates even as inflation is not yet back to the Fed’s 2% goal.
MakerDAO’s $1B Tokenized Treasury Investment Plan Draws Interest from BlackRock’s BUIDL, Ondo, Superstate
MakerDAO’s competition to allocate funds will open next month, and would give a big boost for the $1.8 billion tokenized real-world asset space.
Traditional Money Launderers Appear to Be Using Crypto, Chainalysis Says
The crypto tracing company’s latest report shines a light on potential money laundering.
CoinDesk 20 Performance Update: XRP Gains Amid Overall Index Decline
The CoinDesk 20 index saw a slight drop with XRP and ADA recording positive movements.
SEC Drops Investigation of Bitcoin L2 Stacks and Builder Hiro, Filing Says
The conclusion of the probe into the company formerly known as Blockstack, which raised $70 million via token sales from 2017 to 2019, is another win for the crypto industry in its years-long struggle with the regulator.