Former Binance CEO CZ Begins 4-Month Prison Sentence in California
Lompoc II, the California prison where CZ will serve his sentence, is a low-security facility.
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Uniswap Vote Delay Shows DeFi Stakeholders Aren’t All in It Together
The Uniswap Foundation keeps punting on a “fee switch” proposal that would give UNI governance token holders a cut of liquidity providers’ revenue.
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First Mover Americas: Crypto Prices Tick Upward as Meme Coin Season Receives Fresh Impetus
The latest price moves in crypto markets in context for June 3, 2024.
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MicroStrategy Founder Michael Saylor Agrees to $40M Settlement in D.C. Income Tax Case: NYT
The District of Columbia sued Saylor in 2022 for allegedly not paying income taxes while living in the district.
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GameStop Stock, Meme Tokens Surge as User ‘DeepFu*kingValue’ Returns to Reddit
Keith Gill posted his GameStop options positions on the r/superstonks subreddit in early Asian hours Monday.
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Australia’s First Spot Bitcoin ETF With Direct BTC Holdings to Go Live on Tuesday
Australia already has two exchange-traded products providing exposure to spot crypto assets on Cboe Australia but they do not hold bitcoin directly.
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Flood of Cash from Coinbase Gives Crypto One of the Biggest Campaign War Chests
Coinbase followed Ripple and a16z in each giving a new $25 million to their political action committee, Fairshake, as the general election approaches that may shift crypto’s destiny.
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Mexico’s Crypto Stance Unlikely to Change as Ruling Morena Party’s Claudia Sheinbaum Elected President
Sheinbaum is from the same party as President Andres Manuel Lopez Obrador, who could not run again under the constitution.
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U.S. President Biden Vetoes Resolution Overturning SEC Guidance
Joe Biden said he would veto the resolution before the House or Senate voted on it.
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Wall Street Asks Biden Not to Veto Congress’ Rejection of SEC Crypto Policy
Lobbying groups for the U.S. banks sent President Joe Biden a letter asking him to change his mind on his threat to veto the congressional effort to overturn SAB 121. Members of Congress did, too.