Daily Crypto News June 26: Genius Bill APYs, Yield Farming, and Tether's Big Bet
Today’s headlines:
- GameStop raises another $450M for BTC buying power
- Tether CEO Paolo Ardoino tells The Block that firm 'will become the biggest bitcoin miner' by the end of 2025.
- The state of California issued its first fine under new crypto law, fining Coinme $300,000
- The U.S. Director of Federal Housing, William J. Pulte, has ordered Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage.
- The Justice Department has filed for seizure of more than $225.3 million in cryptocurrency stolen from Americans in confidence schemes and scams run out of Vietnam and the Philippines.
Mentioned today:
Finematics Youtube channel for DeFi videos: https://www.youtube.com/@Finematics/videos
Matt’s New Political Substack:
[Link coming]
Friends of the Show
C3
The C3 team has more than 20 years of experience in journalism, including leading the editorial and content side of a major Web3 news publication. They are also experienced AI and Web3 PR professionals, regularly placing content in leading web3 and AI publications. C3's members previously co-founded the PR department at SCRIB3, and have experience with clients such as EigenLayer, VanEck, Monad, SKALE Network, LEVR Bet, Symmio, Camp Network, Evmos, Avail, Moonbeam, and others.
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