Daily Crypto News

Nigeria has dropped tax charges against Binance executives, a pivotal legal development that could alleviate regulatory pressures on Binance. However, it’s too early to relax. We still have money-laundering charge left with both executives' names on. Wait, wait, telecommunications are eyeing the bitcoin mining business. Chinese telecom provider Coolpad is set to purchase Bitcoin mining rigs, marking its entry into the cryptocurrency mining industry. Similarly, T-Mobile, a major telecom giant in Europe, is venturing into Bitcoin mining as well. T-Mobile's entry into this sector reflects the broader trend of mainstream companies recognizing the potential of cryptocurrencies and blockchain technology, potentially leading to greater acceptance and integration of digital assets in traditional industries. In El Salvador, President Nayib Bukele has proposed the establishment of a Bitcoin bank, just two weeks into his second term. Will they be able to approve the Bank for Private Investment? Let’s see. Telegram's game "Hamster Kombat" has reached an impressive 150 million players, demonstrating the massive engagement potential of integrating gaming with cryptocurrency elements. News Links👇https://www.coindesk.com/policy/2024/06/14/nigeria-drops-tax-charges-against-binance-executives-family-spokesperson/ https://www.dlnews.com/articles/fintech/chinese-telecom-provider-coolpad-to-buy-bitcoin-minging-rigs/ https://www.cointribune.com/en/the-telecom-giant-t-mobile-is-getting-into-bitcoin-mining/ https://www.dlnews.com/articles/people-culture/president-bukele-proposes-bitcoin-bank-for-el-salvador-two-weeks-after-starting-second-term/ https://decrypt.co/235547/telegram-game-hamster-kombat-150-million-playersParticipate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net carlton@dailycryptonews.net——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC

Welcome to Syrup 101! This time, Sarah talks to Martin, the Growth Lead at Syrup Finance, about the yield protocol for institutional lending on-chain, Syrup. Where to find Syrup👉 Website: https://syrup.fi/ 👉 X: https://x.com/syrupfi Enjoy the talk that you can’t hear anywhere else than here, Daily Crypto News! ——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2023 Matthew Aaron Podcasts LLC

Floki is making a strategic push into Vietnam with targeted marketing efforts. In Hong Kong, the cost of applying for a crypto exchange license has been highlighted, which is supposedly cheaper than 1 year ago. Ripple has launched a fund in Japan and Korea to drive blockchain innovation, signaling its commitment to fostering technological advancements in these key Asian markets. On the side of regulations, South Korea's regulator has differentiated NFTs from traditional cryptocurrencies in its regulatory framework, acknowledging the unique characteristics of non-fungible tokens. Going back to the international world, we are going through the technicality of ZKsync airdrop. Also, it seems like Curve Finance's founder Michael Egorov faced yet another massive liquidation, highlighting the volatility of CRV. In the Bitcoin realm, Bitcoin Layer 2 TVL has soared with the contribution of Bitlayer and Merlin Chain. Franklin Templeton has tipped Solana DePIN projects for success, signaling confidence in Solana's decentralized infrastructure. Listen to this episode to find out which projects they are.News Links👇Asia Focushttps://www.cryptotimes.io/2024/06/12/floki-expands-in-vietnam-with-strategic-marketing/ https://cointelegraph.com/news/hong-kong-crypto-exchange-license-applications-cost https://www.cnbc.com/2024/06/11/ripple-launches-japan-and-korea-fund-to-drive-blockchain-innovation.html https://sfctoday.com/south-korean-regulator-differentiates-nfts-from-crypto-rules/https://www.theblock.co/post/299404/zksync-airdrop-zk-tokens https://thedefiant.io/news/defi/curve-finance-founder-michael-egorov-suffers-massive-liquidations https://thedefiant.io/news/blockchains/bitcoin-layer-2-tvl-soars-above-usd2-billion https://www.dlnews.com/articles/defi/franklin-templeton-tips-solana-depin-projects-for-success/Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net carlton@dailycryptonews.net——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC

Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net carlton@dailycryptonews.netNews Links👇https://decrypt.co/235070/terraform-labs-and-do-kwon-to-pay-4-5-billion-to-settle-sec-fraud-casehttps://unchainedcrypto.com/the-us-lost-14-of-blockchain-developer-share-since-2018-coinbase/https://www.forbes.com/sites/digital-assets/2024/06/12/bitcoin-miner-core-scientifics-stock-soars-on-ai-expansion-plans/https://decrypt.co/235020/andrew-tate-solana-token-daddy-450-insider-buyinghttps://decrypt.co/235081/wu-tang-clan-once-upon-time-shaolin-sold-nft-basehttps://decrypt.co/235074/aliens-could-be-walking-among-us-harvard-researchers——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC

Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net carlton@dailycryptonews.netNews Links👇https://decrypt.co/234876/donald-trump-champions-made-in-the-usa-btc-after-meeting-with-bitcoin-minershttps://www.dlnews.com/articles/markets/short-sellers-pile-3bn-into-squeezable-bitcoin-miner-bets/https://decrypt.co/234851/metaplanet-japan-stock-microstrategy-bitcoin-buyhttps://decrypt.co/234886/bitcoin-etf-net-outflows-fomc-meetinghttps://decrypt.co/234865/elon-musk-drops-lawsuit-against-openai——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC

Participate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net carlton@dailycryptonews.netNews Links👇https://decrypt.co/234754/bitcoin-drops-3-ahead-of-interest-rate-decision-and-us-inflation-reporthttps://decrypt.co/234748/bitcoin-lightning-network-and-layer-2-scaling-could-be-abused-by-criminals-says-euhttps://decrypt.co/234706/kling-ai-video-generator-china-beats-pika-runwayml-openai-sorahttps://decrypt.co/234556/trump-makes-crypto-president-play-at-fundraiser-reporthttps://www.coindesk.com/markets/2024/06/11/meme-sector-sees-sharp-selloff-as-gamestop-losses-extend-to-60/——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC

Welcome to a brand-new segment of the DCN podcast – "Shit Coin Talk"? "Trends with Benefits"?(If you would like to give it a try, share your new names to us)! In this series, we dive into the world of emerging cryptocurrencies that are making waves in the market. Do we guarantee these coins are gonna go to the moon? Absolutely not. But this is the fun that we’d like to spread amongst our listeners. Today's Coins👇$NOT$PYTH$ROSE$DOGParticipate in DCN👇https://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCryptohttps://www.youtube.com/@DCNDailyCryptoNewsContact & Partnership inquiry👇matt@dailycryptonews.netsarah@dailycryptonews.net carlton@dailycryptonews.net——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC

Welcome to Talk with John Gu! This time, Sarah talks to John about all you need to know about the restaking world - from benefit to risk. John is the founder and CEO of Caladan, a crypto-native VC and market-maker that transacts over $2B daily in cryptoassets on 70+ exchanges, both centralized and decentralized. Throughout his 15 years of experience in quantitative trading at industry-leading firms like Tower Research Capital, Citadel, and AlphaSimplex, John has consistently achieved double-digit Sharpe ratios and triple-digital annual gross returns. John has also co-founded frame.ai, a VC-backed startup in the AI messaging space. Where to find Caladan👉 Website: https://caladan.xyz/ Enjoy the talk that you can’t hear anywhere else than here, Daily Crypto News! ——————————————————————***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! ©Copyright 2024 Matthew Aaron Podcasts LLC

It’s our weekly roundup. Let’s dive into what caught our attention over the past week.First up, let's talk about Sarah's new nails – a rainbow of colors. She’s got her own unique style going, and it’s honestly the simplest nails she's ever done. When I asked if she did them herself or went to a Korean salon, she surprised me by saying she goes to a Russian one. Always full of surprises, Sarah.Anyway, let’s get into the news. On Friday, Sarah highlighted PayPal’s stablecoin, PYUSD, launching on Solana. Previously limited to Ethereum, this move could boost their market dominance despite their current low market share. Sarah’s skepticism about the need for another stablecoin, given the dominance of USDT, USDC, and DAI, made for a great discussion. With Tether reporting a $6.2 billion profit in 2023, it’s clear there’s big money in stablecoins.On Monday, Sarah passed the mic to me to cover Biden’s veto of the SEC’s Staff Accounting Bulletin 121, which was a guidance on crypto custody by companies. Congress felt the SEC overstepped, but Biden backed the SEC, signaling potential anti-crypto sentiments. This move seemed more about supporting his appointed SEC chair rather than a direct stance against crypto. It’s a classic case of office politics in action.Tuesday was all about Roaring Kitty, the man behind the GameStop frenzy. He revealed he holds over $200 million in GameStop shares, causing the stock to surge 48%. This raised questions about market manipulation, but as Sarah and I discussed, it’s more about his influence and less about any foul play.By Wednesday, Bitcoin was back in the spotlight, crossing $71,000 with $880 million in ETF inflows. Fidelity, BlackRock, and ARK were major players, while Grayscale saw outflows. We debated the potential for Bitcoin’s value, with predictions ranging from conservative to wildly optimistic. The real question is, can the market sustain these high valuations?Finally, on Thursday, we discussed the innovative vision of Carl Pei and the Nothing Phone. Pei’s idea of integrating AI deeply into our phone usage could revolutionize how we interact with technology. The challenge will be balancing convenience with privacy concerns, as AI would need significant access to personal data to function effectively.That’s a wrap for this week’s review. Thanks for tuning in, and we’ll see you next time. Happy HODLing!