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Cointelegraph By Tom Mitchelhill

Cointelegraph By Tom Mitchelhill
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The pilot program tested a method of bringing traditional finance fund data onto blockchains with big banks JPMorgan and BNY Mellon also involved. cointelegraph.com
International hedge fund Millennium Management has reported it holds $1.94 billion across five different spot Bitcoin ETF products. cointelegraph.com
“Not all creditor repayments are bearish,” said K33’s analysts, noting FTX's cash payouts versus the crypto repayments from Gemini and Mt. Gox. cointelegraph.com
Crypto exchange Coinbase has suffered a 'system wide' outage, rendering platform unusable. cointelegraph.com
Some participants of China’s CBDC pilot program are reportedly hesitant to hold onto the digital yuan, citing a range of concerns with using the state-backed digital currency. cointelegraph.com
The state-backed North Korean hacking group Kimsuky reportedly used a new malware variant to target at least two South Korean crypto firms. cointelegraph.com
Analysts at Deutsche Bank also argued Tether’s solvency status is “questionable” which the stablecoin firm said is “ironic” considering the bank’s own history with fines. cointelegraph.com
The House of Representatives has voted to overturn controversial SEC guidance that has virtually blocked banks from custodying crypto assets. cointelegraph.com
Tom Brady copped heat from comedians for his role in partnering with the now-defunct crypto exchange FTX. cointelegraph.com
The Securities and Exchange Commission has delayed making a decision on Invesco Galaxy’s application for an Ether ETF, with the next deadline on July 5. cointelegraph.com