Genius Bill APYs, Yield Farming, and Tether's Big Bet
We continue talking on the nitty gritty behind the Genius Bill plus we address a listener's comments about yield farming and liquidity providing.
Good evening, good morning, and good afternoon wherever you are in the world, and welcome to another episode of Daily Crypto News. Today is Thursday, June 26, 2025.
I’m Kyle and I’m back in for Matt. He’s enjoying himself over in Montreal. Apparently its super sticky hot out there. I always hear good things about Montreal. Bon voyage Matt!
Just a reminder, we’ve got a ton of content coming out from some conferences. Again, we missed a few ETH Denver videos so those a re still trickly through. Plus, some more interviews from Vegas with bitcoiners. We’ve got HIVE, FV Bank, Brittany Kaiser and more coming.
As always, we appreciate, and really love the feedback. It’s always fun seeing the comments - we have thick skin so tell your honest opinions!
Here are 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 of Vietnam and the Philippines.
Mentioned today:
Finematics Youtube channel for DeFi videos:https://www.youtube.com/@Finematics/videos
Matt’s New Political Substack:
[Link coming]
Friends of the Show
C3
The C3 team has more than 20 years of experience in journalism, including leading the editorial and content side of a major Web3 news publication. They are also experienced AI and Web3 PR professionals, regularly placing content in leading web3 and AI publications. C3's members previously co-founded the PR department at SCRIB3, and have experience with clients such as EigenLayer, VanEck, Monad, SKALE Network, LEVR Bet, Symmio, Camp Network, Evmos, Avail, Moonbeam, and others.
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Hey Kyle - Trying to look more into Ve(3,3) any ideas on where to start? Cheers