Morning News Update #Web3
šØ SEC appoints Katherine Reilly as Acting Inspector General ā taking oversight responsibility during heightened regulatory scrutiny.
š Michael Saylor says MSTR delivered a 4.8% BTC yield in the first 49 days of Q2 ā underscoring its role as a leveraged Bitcoin proxy.
š¦ JPMorgan CEO Jamie Dimon: Bank will allow clients to buy BTC, but wonāt offer custody services due to risk management concerns.
š¬ Fedās Williams: The Fed's balance sheet runoff has a long way to go ā but claims Quantitative Tightening wonāt impact market pricing.
š” Berachain co-founder confirms all visible HONEY token wallet balances on the official site are fully collateralized by BYUSD.