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Nobel prize-winning economist says ‘stablecoins don’t serve any clearly useful function ’; Coinmetrics co-founder disagrees
American economist Paul Krugman, who won the Nobel Prize in 2008, believes that stablecoins do not have any practical utility. In a May 30 blog post entitled ‘Digital Corruption Takes Over DC,’ Kr...

US Tourism Takes Hit as Overseas Travelers Avoid Country
America’s vacation hot spots have cooled somewhat less amid a decline in overseas travel. “There used to be thousands of people from Canada. They would give me Canadian dollars and I would change ...

Regulators Prepare to Ease Post-Financial Crisis Banking Rules
Regulators are reportedly preparing to loosen banking restrictions imposed following the 2008 financial crisis. As Politico reported Saturday (May 31), financial regulators are close to finishing a pr...

Credential-Harvesting Blitz Puts Tinder, News Corp, Chick-fil-A on Alert
The hacking group known as “Scattered Spider” has had a busy year. The gang recently breached the systems of British retailer Marks & Spencer (M&S) and has spent months trying to trick workers for...

The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption
Welcome to Slate Sundays, CryptoSlate’s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices...

Funniest/Most Insightful Comments Of The Week At Techdirt
This week, our first place winner on the insightful side is PB&J with a straightforward reaction to one of the more stunning details about oppressive laws pushing people out of Idaho: TWO-FUCKING-THI...

Teens, minors among 25 suspects charged in French crypto abduction cases
The young suspects were "lured by money and then caught up in a situation that is beyond them," a defense attorney told Le Monde. ...

Memecoin investors ‘should not be looking to the SEC for protection,’ Commissioner Hester Pierce says
Memecoin investors should realize that the U.S. Securities and Exchange Commission (SEC) will not come to their aid if they lose their money, Commissioner Hester Peirce told CNBC on Friday. Peirce, wh...

Hyperliquid Bitcoin whale loses $100 million as BTC price falls below $105K
One of the biggest stories in crypto this week unfolded as a prominent trader on the Hyperliquid decentralized exchange, known as James Wynn, saw nearly $100 million in leveraged Bitcoin positions liq...

BlackRock’s IBIT Inflow Streak Snaps as $430 Million Exits in One Day
BlackRock’s iShares Bitcoin Trust (IBIT) recorded its largest single-day outflow on May 30, with investors pulling $430.8 million from the fund. This marked the end of a 31-day inflow streak and...