GameStop, AMC stocks surge after cryptic Roaring Kitty post
An unofficial GameStop memecoin GME, which has no affiliation to the company, also saw a rise of up to 72% following a post from influencer Keith Gill.
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How stablecoins improve US dollar utility — Paxos CEO
Paxos co-founder and CEO Charles Cascarilla said stablecoins pull people into Web3 because they solve problems.

The Metaverse needs to keep an eye on privacy to avoid Meta’s mistakes
Metaverse skeptics fear the prospect of unprotected data and large-scale user surveillance on a scale never seen before. Ironically, the largest company pushing the Metaverse, Meta (previously known as Facebook), has faced its own fair share of privacy scandals in the internet’s current iteration, culminating in Mark Zuckerberg being infamously hauled before the United States…

Billionaire investor Carl Icahn thinks Bitcoin may be the best hedge for inflation
His comments were in line with Federal Reserve Chairman Jerome Powell, who mentioned that inflation was rising along with supply issues. 1380 Total views 13 Total shares Billionaire investor Carl Icahn warned Tuesday that the next market crisis may be on the horizon, and Bitcoin could be the best hedge against inflation.With the United States…

Kraken rethinks direct listing plan following Coinbase’s lackluster performance
Jesse Powell is rethinking Kraken’s plan to go public which is set for late 2022, following the uninspiring performance of Coinbase stock (COIN) since its launch on April 14.Speaking with Fortune on June 11, Powell stated that in light of the performance on Coinbase’s direct public offering, the firm is now considering an initial public…

Prosecutors argue ‘effective altruism’ inadequate in Bankman-Fried case
Bankman-Fried's legal counsel asserted that this argument lacks relevance and does not absolve the fraud allegations. In the fraud trial of Sam Bankman-Fried, prosecutors have requested the judge to inform the jury that the defendant's assertion that he is an effective altruist should not serve as a legitimate defense. Bankman-Fried faces allegations of misappropriating billions

Broke MIT students miss 13,000% gain on free BTC after selling for food and shoes
Many students who participated in the 2014 MIT Bitcoin Project lament quickly selling their free BTC for textbooks, sushi, and beer. 2902 Total views 5 Total shares In October 2014, the Massachusetts Institute of Technology (MIT) launched the MIT Bitcoin Project, an initiative that sought to give away $500,000 worth of Bitcoin to its undergraduate…

Bitcoin HODLers are not selling: Inactive BTC supply hits 3-month low
Long-time Bitcoin (BTC) HODLers are refraining from selling their holdings, on-chain data from Glassnode shows. According to Glassnode’s "BTC Percent Supply Last Active 2+ Years" indicator, Bitcoin that was last moved well over two years ago reached a three-month low to 45.364%.BTC Percent Supply Last Active 2+ Years. Source: GlassnodeThis trend indicates that Bitcoin HODLers…

World Economic Forum calls blockchain key to sustainable digital finance
A new WEF report touts blockchain technology as a cornerstone of environmental sustainability. 1623 Total views 2 Total shares The World Economic Forum (WEF) believes blockchain represents a core element of sustainable digital finance -- a new paradigm that combines emerging technology with environmentally-conscious business models.In a new report published Wednesday, UBS executive Karin Oertli…