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ECB's Lagarde reportedly pressured Greece to reject Binance's MiCA license
Binance’s crypto licensing application in Greece has stalled after what rumors claim is because the regulators received direct orders from the European Central Bank (ECB) President, Christine Lagarde. Binance’s application, which was made under the Markets in Crypto-Assets (MiCA) regulation, had cleared most of Greece’s regulatory requirements and was on track for approval prior to...Cryptopolitan
Wed, Jun 17
Grayscale pegs AAVE fair value at up to $175, calls token undervalued at $75
A recent valuation report released yesterday by Grayscale Research suggests that the Aave token is currently undervalued. The firm projects that if the regulatory environment becomes more favorable for the tokenization of real-world assets, the token’s price could reach approximately $175 within the next year. The report, called “A Guide to Buying the Dip: Valuing...Cryptopolitan
Wed, Jun 17
Syscoin recovers 5 billion SYS tokens after bridge exploit, burns them permanently
Syscoin’s team has recovered and destroyed 5 billion SYS tokens that an attacker minted through a flaw in the project’s cross-chain bridge. Syscoin had to burn the minted tokens to restore its supply to its pre-exploit levels; however, its bridge remains offline. How did the exploit happen? The Syscoin team stated that they detected the...Cryptopolitan
Wed, Jun 17
2026 FIFA World Cup could add $5–$10 billion in prediction market trading
Prediction markets are expected to be greatly impacted by the 2026 FIFA World Cup. According to a June 2026 Bernstein analysis, trade on both regulated and decentralized exchanges might increase by $5 billion to $10 billion. Since online betting sites now compete with established sportsbooks for clients during one of the largest sporting events in...Cryptopolitan
Wed, Jun 17
Federal Reserve keeps interest rates unchanged in Kevin Warsh’s first meeting
The Fed held rates at 3.5% to 3.75% in a unanimous 12-0 vote. Nine policymakers now expect rate hikes this year, while eight support no change and one favors a cut. Officials said inflation remains too high, with the Middle East conflict and rising energy costs adding pressure. Kevin Warsh’s influence is already visible in...Cryptopolitan
Wed, Jun 17
Frontier acquires $900 million from big tech to further carbon removal goals
The Big Tech-backed carbon removal coalition Frontier announced fresh funding of around $915 million on Wednesday, bringing its total financial commitments to $1.8 billion with the addition of top AI company Anthropic to its roster of financiers. Other financial contributors to the new round include Stripe, Google, Shopify, Salesforce, and the H&M Group. Frontier’s objectives...Cryptopolitan
Wed, Jun 17
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