June 26: Genius Bill APYs, Yield Farming, and Tether's Big Bet
Today’s headlines:
GameStop raises another $450M for BTC buying power
Tether CEO Paolo Ardoino tells The Block that firm 'will become the biggest bitcoin miner' by the end of 2025.
The state of California issued its first fine under new crypto law, fining Coinme $300,000
The U.S. Director of Federal Housing, William J. Pulte, has ordered Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage.
The Justice Department has filed for seizure of more than $225.3 million in cryptocurrency stolen from Americans in confidence schemes and scams run out…
The skinny
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