Crypto

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Crypto

CME Group Sues CFTC Over Crypto Perpetual Futures

The Chicago Mercantile Exchange Group has sued the US Commodity Futures Trading Commission and its chair, Michael Selig, over the agency’s approvals of cryptocurrency perpetual futures. The complaint was filed Thursday in the US District Court for the District of Columbia. The lawsuit grew out of a May 29

Crypto

When ChatGPT becomes the front door to crypto

New crypto users have typically started on exchanges, completed identity checks, learned how wallets work and only then explored decentralized applications. That often felt awkward: wallet addresses looked intimidating, seed phrases confused beginners and gas fees were hard to understand. Recent developments could change this path — MoonPay is available inside

Crypto

Viral post claims Bitcoin to $145K by October 2026, but numbers don't add up

A viral social media screenshot has revived an alleged Bitcoin prediction that appears to have hit several price levels from 2019 through 2024 and ends with a final target of $145,000 in October 2026. Shared by crypto account Corleone, the image shows an anonymous 4chan-style post dated Dec. 20,

Crypto

Ledn launches loans backed by Tether Gold (XAUt)

Ledn has expanded its lending platform to accept Tether Gold (XAUt) as collateral, letting investors hold the tokenized asset and borrow against it much like they can with Bitcoin. Under Ledn’s model, client collateral is held one-to-one and is not rehypothecated, lent out or used to generate yield. Loans

Crypto

Bitcoin Still Hampered by Strategy Selling Concerns Ahead of Fed Meeting

Bitcoin (BTC) bounced off week-to-date lows into Wednesday’s Wall Street open as corporate sell pressure returned to the radar. The pair dropped to $64,500 on Bitstamp before recovering, leaving the current weekly candle at a new low and keeping BTC stuck below the 66k level ahead of the

Crypto

Second $2.1M Exploit Hits Aztec in Less Than a Week

Deprecated Aztec infrastructure suffered a second exploit within days, with the private rollup bridge drained of 1,158 ETH, 150,000 DAI and 0.46 renBTC — roughly $2.15 million. SlowMist co-founder Cos said his preliminary analysis found the attacker used a false rollup proof to trick the protocol into

Crypto

Grayscale Applies Wall Street Valuation Models to AAVE

Grayscale Research applied traditional finance valuation techniques to Aave’s native token and put a one-year base-case price target of $175, while placing current fair value between $80 and $100. The analysis used discounted cash flows, earnings multiples and comparisons with banks and fintech firms; Aave traded at $75 on

Crypto

Bitcoin Rodney Pleads Guilty In $1.8B HyperFund Crypto Fraud

Rodney "Bitcoin Rodney" Burton, a 56-year-old Florida resident, pleaded guilty in federal court to conspiring to operate an unlicensed money-transmitting business tied to a $1.8 billion fraudulent crypto platform. The United States Attorney’s Office for the District of Maryland said Burton conspired to provide unlicensed money-transmitting

Crypto

Tether winds down Alloy and aUSDT gold-backed stablecoin

Tether is winding down Alloy by Tether and its gold-backed, overcollateralized aUSDT stablecoin after two years, reallocating resources toward products and areas with stronger demand. The decision follows a review of user activity, market demand and the company’s broader priorities. aUSDT was built as an overcollateralized derivative on top

Crypto

Bitcoin Under Pressure Following Trump, Warsh Comments

Bitcoin remains under pressure after $2.1 billion of net outflows from US-listed spot ETFs so far in June and a persistent discount versus global Bitcoin/USDT pairs. The token has failed to hold above $80,000 since mid-May, and Coinbase’s BTC price in USD has traded at a

Crypto

Bitcoin realized losses fall 46% as spot liquidity strengthens

Bitcoin's recent panic selling produced much smaller realized losses than February's correction. Realized losses peaked at $1.4 billion in June versus $2.6 billion in February, while the 30-day smoothed profit-to-loss ratio sits near 0.28, one of the lowest readings of the year and

Crypto

Altcoins See $266B Net Selling Volumes: Where Is The Capital Going?

Altcoin markets excluding Ether recorded $266 billion in net selling on centralized exchanges, the weakest cumulative spot-demand reading since tracking began in 2020. Crypto analyst IT Tech observed the one-year cumulative buy-sell difference for altcoins fell to -$266 billion on June 16. Despite heavy spot outflows, altcoins made up

Crypto

Bybit added to Singapore MAS Investor Alert List

Crypto exchange Bybit and the corporate entity Bybit Fintech Limited were added to the Monetary Authority of Singapore’s Investor Alert List on Wednesday. The regulator did not provide a reason for their inclusion. The Investor Alert List warns consumers about entities that may be wrongly perceived as licensed or

Crypto

CoinFund Leads $32M Round in Stablecoin Infrastructure Firm Trace Finance

Trace Finance has raised $32 million in a Series A round led by CoinFund, with participation from Coinbase Ventures, Jump Capital and Paxos. The firm provides banking, foreign exchange and stablecoin settlement infrastructure for cross-border payments across Latin America. It says it has processed more than $10 billion in transaction

Crypto

Crypto’s security nightmare won’t be solved by ordinary audits

The crypto sector has been plagued by cybersecurity failures for years. Malicious actors, including North Korea’s Lazarus Group, have stolen more than $2.2 billion since 2022, even as the industry has tripled its number of code audits over the same period. Oak Security’s research shows why: most

Crypto

Inveniam to acquire Mantra after turbulent year marked by OM crash

Data infrastructure company Inveniam Capital Partners announced plans to acquire layer-1 blockchain Mantra and its affiliated entities, deepening its push into tokenized real-world assets (RWAs). The transaction follows a $20 million strategic investment Inveniam made in Mantra in August 2025, the company said Tuesday. On May 13, Inveniam launched NVNM

Crypto

China Central Bank Monitors Stablecoins’ Cross-Border Role

China’s central bank is intensifying scrutiny of stablecoins as privately issued digital currencies take on a larger role in cross-border payments and the international monetary system. Wang Xin, director general of the PBOC Research Bureau, urged tighter monitoring, improved international coordination and stronger regulation, warning that growing uncertainty and

Crypto

Strategy's STRC Dips 3.6% Amid Bitcoin Buying Doubts

Strategy’s perpetual preferred stock STRC slid toward record lows Tuesday as Michael Saylor’s variable-rate perpetual “Stretch” Bitcoin yield product fell 3.58% to $91.79, roughly 8.2% below its $100 target. Markus Thielen, CEO of 10x Research, linked the move to Strategy’s recent Bitcoin buying: "

Crypto

Illinois governor signs budget that includes crypto transaction tax

Governor JB Pritzker signed a $55.9 billion state budget that includes a 0.2% 'privilege tax' on crypto transactions involving Illinois residents. The levy applies to all digital asset transactions on any registered platform under broadly termed 'digital asset business activity' and takes effect on

Crypto

Hyperliquid open interest hits $3B as TradFi flows boost HYPE

Hyperliquid has pushed open interest on HYPE futures to $3 billion, a 32% increase from the prior week. The native token rallied 44% over five days to a $76.90 all-time high on Tuesday before pulling back to $73, while futures open interest continued to climb. The DEX accounted for

Crypto

BTC Sharpe Ratio Points To New Accumulation Phase: Will It Last?

Bitcoin’s risk-adjusted returns are nearing levels historically associated with long-term accumulation. The Sharpe ratio, which measures return relative to volatility, dropped to -20 on June 11 — a threshold that marked major market bottoms in every bear cycle since 2015. The metric first fell below -20 on Jan. 5, 2015

Crypto

Bitcoin Rallies to $67K After US-Iran Ceasefire; Derivatives Signal Caution

Bitcoin jumped above $67,000 after US President Donald Trump announced a late Sunday ceasefire deal with Iran, sparking a roughly 4% intraday move that caught short sellers off guard and triggered $210 million in liquidations. Derivatives point to weak conviction: the annualized futures premium stood at 2%, below the

Crypto

Tokenized RWA Market Tops $43B, According to Token Terminal

The market for tokenized real-world assets has climbed past $43 billion in market value, a gain of roughly 37% over the past 180 days as traditional financial products migrate onto blockchain rails. Token Terminal’s figures exceed other trackers such as RWA.xyz — which puts the market below $33 billion

Crypto

Ripple Expands Africa Strategy With Flutterwave Investment

Ripple has bought an equity stake in African fintech Flutterwave, deepening its push into cross-border payments. Flutterwave CEO Olugbenga Agboola said the undisclosed investment values the company at $3.3 billion. The deal makes Ripple a shareholder rather than an owner or commercial partner and gives it exposure to Africa’

Crypto

SpaceX IPO: Crypto pricing succeeds, tokenized access fails

SpaceX’s anticipated public debut on June 12 raised $75 billion at $135 per share, valuing the company at more than $2 trillion and making its founder, Elon Musk, the world’s first trillionaire. Buyers at the offer price made roughly 20% almost overnight, while early private investors saw larger