Author: American Coins & Gold

Consensys Helps Decentralize Hollywood With Film.io and VillageDAO Partnership
Film.io is the first partner to join VillageDAO, a smart contract framework and service provider for Web3 communities.

NEAR Foundation Forms Nuffle Labs With M in Funding
The spinout is aimed at advancing NEAR’s modularity and bringing more decentralized development to the ecosystem.

First Mover Americas: Bitcoin Holds K, CRV Slides
The latest price moves in bitcoin (BTC) and crypto markets in context for June 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Protocol Village: McLaren Data Tracker on Minima Blockchain Could Prevent Race Cheating
The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 13-19.

Australia's Treasury to Include Stablecoin Rules in Crypto Bill Draft, ASIC's Warning For Crypto Entities
Australia’s regulators have provided rare updates on their plans for the digital assets sector, including plans to introduce a draft framework for stablecoins and hinted that more enforcement is on its way against unlicensed entities during an event in Sydney on Wednesday.

MicroStrategy Proposes 0M Convertible Notes to Boost Bitcoin Stash

Paxos Cuts 20% of Staff: Bloomberg
Bloomberg report says the company will have an increased focus on tokenization.

ERCOT CEO: Texas' Power Grid Needs Larger Increase Than Expected to Handle AI, Bitcoin Mining
The Electric Reliability Council of Texas’ CEO said in Senate testimony that the state’s grid capacity will need to double in the next decade to handle demand, while the Lieutenant Governor of Texas says more scrutiny is coming for this industry.

CRV Slides 30% as Loans Tied to Curve’s Founder Face Liquidation Risk
Addresses tied to Curve founder Michael Egorov are borrowing nearly $100 million in various stablecoins against $140 million in curve tokens.

Stick With Bitcoin, 10x Research Says After Fed Predicts Just One Rate Cut For 2024
ETF inflows resumed Wednesday as U.S. inflation came in lower-than-expected.