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Democratic incumbent targeted by crypto Super PAC ads loses primary

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Millions of dollars from political action committees may have contributed to challenger George Latimer’s defeat of incumbent Jamaal Bowman in a June 25 Democratic primary.

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Coin Market

CoinShares debuts Bitcoin mining ETF in Europe entrance

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The UCITS ETF, CoinShares’ first in Europe, began trading on Deutsche Börse Xetra, tracking a rules-based index of publicly listed BTC miners.

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Tether-backed Twenty One, Strike merger plan scrapped: Bloomberg

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Strike will remain a standalone company after the proposed three-way merger was scrapped, while Twenty One Capital and Elektron continue discussions, Bloomberg reported.

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Morpho launches fixed-rate lending protocol on Base

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Morpho Midnight introduces fixed rates and defined maturities alongside Morpho Blue’s variable-rate lending markets.

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