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The Future of Money

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πŸ‡ΊπŸ‡Έ TODAY: The White House is reviewing an early-stage SEC and CFTC proposal to overhaul swaps reporting requirements, per Bloomberg.

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πŸ—ž Catch up on the news over the last 24 hours!

🚨 Since 1971, the US Dollar has lost 99.24% of its value against gold while gold prices surged over 11,000% in the same period.

🚨 Sui released an incident review detailing three mainnet outages on May 28-29, caused by gas charging bugs and a validator randomness issue.

πŸ‡ΊπŸ‡Έ Former Fed Chair Jerome Powell warns that presidential power to dismiss Fed officials over policy disagreements would destroy the central bank's credibility.

πŸ”₯ A developer known as Florent rescued 1,003 ETH worth $2M that had been locked in a 2016 ICO smart contract for nine years.

πŸ‡ΊπŸ‡Έ SEN. LUMMIS: β€œThe Clarity Act is not just a crypto bill. It's a decision about whether America leads the next financial system or watches from the sidelines.”

⚑️ Cardano Foundation confirms Cardano Summit 2026 will not proceed after the community's Treasury proposal vote failed to pass.

πŸ”₯ Binance launches trading for 8,000+ U.S. stocks and ETFs.

🚨 Strategy sold 32 $BTC.

πŸ”₯ Anthropic has confidentially filed with the SEC for an IPO.

πŸ”₯ Pavel Durov says TON’s native currency is rebranding to Gram, while TON remains the blockchain.

🚨 SpaceX has filed an amended S-1 with the U.S. SEC ahead of its planned IPO.

πŸ‡ΊπŸ‡Έ Coinbase’s Chief Policy Officer says the Clarity Act is β€œvery close” to passing, adding that JPMorgan and other major banks want to enter the crypto sector.

🚨 Peter Schiff says Bitcoin’s drop below $71,000 shows weakness, warning holders not to wait for Strategy ($MSTR) to sell before selling themselves.

πŸ‡ΊπŸ‡Έ Trump believes a deal with Iran could be reached within the next week as negotiations continue at a rapid pace, according to ABC News.

πŸ‡ΊπŸ‡Έ Google parent Alphabet is launching an $80 billion equity raise, including a $10 billion investment deal with Berkshire Hathaway, to support its AI spending plans.

πŸ”₯ OpenAI frontier models and Codex are now live on AWS, giving enterprises a direct path to deploy AI through their existing security and governance workflows.

⚑️ Ondo Finance CEO Ian De Bode says Ondo Perps, the first perpetuals platform built for real-world assets, will go live within the next few weeks.

πŸ‡ΊπŸ‡Έ The White House is reviewing an early-stage SEC and CFTC proposal to overhaul swaps reporting requirements, per Bloomberg.

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πŸ‡¨πŸ‡¦ JUST IN: Robinhood officially enters Canada after closing its acquisition of WonderFi, a leading regulated digital asset platform operator in the country.

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🚨 NOW: Mt. Gox moves 10,306 BTC worth ~$731M to a new wallet for the first time in 2 months.

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πŸ‡ΉπŸ‡· JUST IN: Ripple expands its USD-backed stablecoin RLUSD to TΓΌrkiye through partnerships with BiLira, Bitexen, and Bitlo, giving Turkish institutions access to enterprise-grade dollar liquidity.

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🚨 ALERT: Bitcoin drops below $70,000.

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⚑️ INSIGHT: The future is interoperability between stablecoins, tokenized bank deposits, CBDCs, and fiat, says Mastercard CIO Ken Moore at Proof of Talk 2026.

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πŸ”₯ JUST IN: MoneyGram launches MGUSD, a U.S. dollar stablecoin built on Stellar.

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πŸ”₯ ADAM BACK: "You can think of Bitcoin as the internet of finance," at Proof of Talk.

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⚑️ JUST IN: Franklin Templeton CEO Jenny Johnson once viewed Bitcoin as "the greatest distraction" from blockchain.

She now sees its value in high-inflation economies.

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πŸ”₯ TOM LEE: "Robots are going to dominate internet traffic, and that's where blockchain is more effective than traditional rails."

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πŸ‡ͺπŸ‡Ί JUST IN: The European Central Bank says gold has overtaken U.S. Treasuries as the world's largest reserve asset.

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🚨 JUST IN: $BTC drops below $69,000.

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A wallet drainer hit a 2 month old wallet for 316K USDC.

According to @web3_antivirus_io, the wallet was mostly used for DEX swaps before the drain. 

The stolen USDC was quickly swapped into ETH through 2 txs worth around $47K and $268K.

Check wallet activity, approvals and risk exposure dash.web3antivirus.io

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πŸ”₯ JUST IN: Franklin Templeton and MoonPay have partnered to connect BENJI to the broader onchain economy.

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