Taiwan’s crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities. Source: https://www.coindesk.com/policy/2024/06/14/taiwan-crypto-advocacy-body-becomes-formally-active-with-24-entities/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The broker initiated coverage of the stock with an outperform rating and a $2,890 price target. Source: https://www.coindesk.com/markets/2024/06/14/bitcoin-could-hit-1m-within-10-years-bernstein-says-as-it-initiates-coverage-of-microstrategy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

BlackRock’s IBIT was the only ETF posting a net inflow on Thursday, while most of the funds recorded outflows. Source: https://www.coindesk.com/markets/2024/06/14/bitcoin-etfs-see-226m-outflows-led-by-fidelitys-fbtc/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto custody firm Anchorage Digital has added Connie Shoemaker, a former Goldman Sachs executive, to its board of directors. Source: https://www.coindesk.com/policy/2024/06/13/former-goldman-sachs-exec-joins-anchorage-digitals-board-of-directors/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The settlement bans Kwon and Terraform Labs from buying and selling crypto asset securities while agreeing to pay $4.5 billion in disgorgement, prejudgement interest, and civil penalties. Source: https://www.coindesk.com/policy/2024/06/13/us-judge-signs-off-on-45b-terraform-do-kwon-settlement-with-sec/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The team behind the Holograph (HLG) said they have patched the exploit and is working with centralized exchanges to freeze accounts affiliated with the exploiter Source: https://www.coindesk.com/tech/2024/06/13/hlg-down-over-60-as-exploiter-mints-1-billion-new-tokens/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

SEC Chair Gary Gensler said he expected the new vehicles to have won full approval by the end of the summer. Source: https://www.coindesk.com/markets/2024/06/13/assured-spot-ether-etf-approval-fails-to-stir-slumping-crypto-market/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

U.S. Securities and Exchange Commission Chair Gary Gensler said that the final approvals for exchange-traded funds (ETFs) trading Ethereum’s ether {{ETH}} should be finished this summer, he told senators …

Engaging in memecoin markets without thorough analysis and a clear understanding of the risks involved is effectively gambling, not investing, says Jupiter Zheng, partner at HashKey Capital. Source: https://www.coindesk.com/opinion/2024/06/13/in-defense-of-fundamental-analysis-amid-memecoin-mania/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Film.io is the first partner to join VillageDAO, a smart contract framework and service provider for Web3 communities. Source: https://www.coindesk.com/business/2024/06/13/consensys-helps-decentralize-hollywood-with-filmio-and-villagedao-partnership/?utm_medium=referral&utm_source=rss&utm_campaign=headlines