Crypto VC giant a16z claims the AI legislation will “burden startups because of its arbitrary and shifting thresholds.”
cointelegraph.com
Tokenized US Treasurys expected to surpass $3B by end of 2024 [cointelegraph]
Increased crypto adoption and high treasury yields could push tokenized US Treasurys toward a $3 billion market cap by the end of 2024.
Boomer says ETH fundamentals at all-time high, price is ‘lagging’ [cointelegraph]
Ether’s current price doesn’t reflect the true performance of the network’s fundamentals in recent times, according to an investment manager.
Iran is giving $24 to anyone who dobs in illegal crypto miners [cointelegraph]
The boss of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid.
Iran is giving $24 to anyone who reports illegal crypto miners [cointelegraph]
The chief of Iran’s state-run electricity company said some had exploited subsidized electricity to run crypto mining operations, straining the power grid.
Two-thirds of institutional Bitcoin ETF holders held or bought more in Q2 [cointelegraph]
Over 44% of asset managers increased their Bitcoin ETF holdings, while 22% held their position, which was a “pretty good result,” according to Bitwise’s investment chief.
Crypto influencers on notice after FTC bans fake likes and followers [cointelegraph]
New rules from the FTC mean crypto influencers will face stiff fines for fake followers and likes, while celebrity testimonials are also in the firing line.
Fed rate cuts are not a sure thing — What does this mean for Bitcoin? [cointelegraph]
A portfolio manager says market participants are a bit too optimistic about an aggressive Federal Reserve interest rate cut, which could pose risks.
USDC to embrace tap-and-go payments after Apple opens up NFC [cointelegraph]
United States stablecoin giant Circle says tap to pay functionally for USDC will be coming “soon” to iPhones.
DeFi rises again as Aave hits new ATH in weekly borrowers [cointelegraph]
Layer-2 chains Base and Scroll have contributed to Aave’s recent borrower and depositor growth.