Category: News

Last October, the Financial Crimes Enforcement Network (FinCEN) – the U.S. Treasury Department’s money laundering watchdog – announced a proposal to label crypto mixers as a “primary money laundering” concern, a move that alarmed a broad swath of the crypto industry. Treasury Under Secretary for Terrorism and Financial Intelligence Brian Nelson addressed this move and more at CoinDesk’s Consensus 2024 last month in Austin, Texas on stage. The following transcript has been lightly edited (and the bulk of my questions have been slimmed down to their gist).

Early Tuesday Trump met executives from Nasdaq-listed bitcoin mining firm CleanSpark Inc. and Riot Platforms.

According to the plan released Tuesday, 17.5% of ZK’s 21 billion total token supply will be airdropped to users beginning “next week.”

A Solana meme parody of the actual company was down 25% in the past 24 hours, with steep losses across other meme tokens that tended to move in tandem with GameStop.

The network is ready for its Chang fork and waiting for 70% of operators to install the new node.

Grayscale’s GBTC saw $40 million in outflows, the most among its counterparts, while Bitwise’s BITB led inflows at $7.6 million.

Elevated interest rates aimed at taming inflation have become a part of the problem, three Democrat senators said.

The latest price moves in bitcoin (BTC) and crypto markets in context for June 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The company has also received approval in Dubai, U.K., the Netherlands and Spain.

It often seems crypto investors aren’t in alignment with the projects they invest in. Maybe it’s because tokens are changing how venture capital works.