DeepNewz
TradFi & Fintech
T-Rex Group Files for First-Ever 2x Leveraged, Highly Volatile MicroStrategy ETFs
T-Rex Group has filed for the first-ever 2x leveraged MicroStrategy ETFs, which include both long and inverse positions on $MSTR.
Regulation & Politics
Bolivia Lifts Ban on Bitcoin and Crypto Trading and Payments
Bolivia's Central Bank has lifted the ban on Bitcoin and cryptocurrency trading and payments, making it legal for financial entities to use cryptocurrencies
DeFi
Chainlink Data Streams Launch on Avalanche Mainnet, Enhancing DeFi with GMX V2
Chainlink Data Streams have been launched on the Avalanche mainnet, with GMX V2 as the launch partner.
CeFi
Coinbase Partners with Stripe to Enable USDC Transfers on Base Platform
On June 27, 2024, Coinbase announced a partnership with Stripe to enable USDC transfers on the Base platform.
DeFi
MegaETH Labs Raises $20 Million Seed Round Led by Dragonfly Capital, Backed by Vitalik Buterin
MegaETH Labs has raised $20 million in a seed round, with backing from notable figures such as Vitalik Buterin, Cobie, and Joseph Lubin.
NFTs & Web3
Redacted Raises $10M Led by Spartan Group with Animoca and P2 Ventures (Polygon)
Redacted, a Web3 entertainment and gamification ecosystem, has successfully raised $10 million in funding.
TradFi & Fintech
Hut 8 to Join FTSE Russell's Russell 3000 Index, Stock Rises 9.3%
Bitcoin miner Hut 8 is set to join the Russell 3000 Index on July 1, 2024, as part of FTSE Russell's annual reconstitution.
Blockchains
Worldcoin Partners with Alchemy to Launch World Chain on Superchain
Worldcoin has announced a partnership with Alchemy to launch World Chain.
Markets
U.S. Government Transfers 3,940 Bitcoin Worth $241.22M to Coinbase Prime
The Bitcoin was originally seized from narcotics trafficker Banmeet Singh and forfeited at trial in January 2024.
Regulation & Politics
UAE Considers Ban on Crypto Payments as Binance Secures VASP License
The United Arab Emirates (UAE) is considering new regulations that may ban crypto payments within its jurisdiction, signaling a potential shift towards a less favorable environment for cryptocurrency.
