Tether has 'redistributed' $108.8M USDT from illicit activity since 2014
The most recent seizure of $5 million USDT from pig-butchering scams marks a “significant victory” in the ongoing fight against cyber fraud, according to Tether.
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OKX secures full UAE license, opens retail and institutional trading
The trading platform highlighted that investors can deposit and withdraw UAE dirhams using their local bank accounts.

SEC Commissioner Hester Peirce Encourages Less Caution Toward ETF Innovation
Hester Peirce, commissioner at the United States securities regulator, has urged for a less cautious approach towards innovation in the exchange-traded funds (ETFs) space on the regulator’s part. The Financial Times reported on her remarks on June 2.Per the report, the Security and Exchange Commission’s (SEC) Peirce called on her co-commissioners to allow for innovation…

Acclaimed digital artist & Beeple collaborator Alberto Mielgo announces NFT drop
You might not know his name, but you've probably seen his work.For years Alberto Mielgo has been producing digital art for movies, television, and commercials. Notable works include an episode of Netflix’s LOVE DEATH AND ROBOTS (for which he and his 70-plus man team won multiple Emmys), music videos for The Gorillaz, and Spider-Man: Into the…

The Fed could lose $100B — Does this spell catastrophe for Bitcoin?
On the latest episode of “Macro Markets,” Marcel Pechman explains the potential implications for crypto of the Federal Reserve losing $100 billion. 973 Total views 4 Total shares On this week's episode of “Macro Markets,” Cointelegraph analyst Marcel Pechman delves into a thought-provoking discussion on the United States Federal Reserve’s financial woes. Pechman opens by highlighting

Binance has appointed new head of ‘Greater China’
It’s not entirely clear when Terence Zeng assumed his leadership role, though the appointment appears to have been recent. 1841 Total views 12 Total shares Following the high-profile appointment of Brian Brooks to CEO of Binance.US, it has come to light that the Malta-based parent company has reshuffled its executive leadership by appointing Terence Zeng…

Durov’s phone hacked in 2017, a year before meeting with Macron: Report
Pavel Durov was reportedly offered to move Telegram to Paris during his meeting with the French president in 2018.

SHIB, BONE, LEASH tokens dip amid rumors of $2.5M Shibarium gaffe
Shiba Inu and related-token prices plunged since Shibarium's launch, while rumors of a significant technical error in the new Shibarium network have been swirling. The launch of the Shibarium mainnet — a layer 2 scaling solution for the Ethereum network — appears to have gotten off to a rocky start, at least when it comes…

Ukraine floats 23% tax on some crypto income, exemptions for stablecoins
The chair of Ukraine’s securities regulator, Ruslan Magomedov, says it made the crypto tax framework for lawmakers to make informed decisions on the various options. Ukraine’s financial regulator has proposed taxing certain crypto transactions as personal income at a rate of up to 23% but excluding crypto-to-crypto transactions and stablecoins. Crypto transactions would be taxed