Cryptocurrency

1441 items in section

Anthropic pre-IPO futures tumble following Coinbase listing

Investors are shunning Anthropic pre-IPO futures as contracts on Coinbase and Binance slide to all-time lows. Despite the exchange’s attempt to capture trading interest, prices have dropped up to 9% since the June 22 launch, reflecting deep-seated anxiety over the company’s eventual public valuation and market uncertainty.

Kalshi restricts Indian users amid global crackdown on prediction markets

Indian residents can no longer access the U.S.-based prediction platform Kalshi, which officially added the country to its list of restricted jurisdictions this Wednesday. The move aligns with a tightening regulatory environment in India, where authorities have intensified efforts to block access to online betting and speculative gaming services.

EU Lawmakers Advance Digital Euro Legislative Framework

By a 43 to 14 vote, the European Parliament’s Economic and Monetary Affairs Committee has cleared a crucial hurdle for the digital euro. The draft legislation outlines a roadmap for a central bank digital currency, setting the stage for potential eurozone adoption by 2029 while establishing strict privacy and operational safeguards.

Postquant Labs launches decentralized network to secure blockchain assets

Postquant Labs has unveiled the Quip Network, a decentralized protocol designed to pool idle quantum computing power and shield approximately $20 billion in blockchain assets from emerging cryptographic threats. The initiative aims to address mounting security vulnerabilities ahead of federal mandates requiring quantum-resistant standards by 2027.

Crypto markets face liquidity crunch as Fed policy and geopolitics collide

Bitcoin’s recent stumble serves as a high-stakes stress test, with crypto markets pricing in geopolitical friction and Federal Reserve policy shifts before traditional equities could react. As the Iran deal stalls and inflation concerns mount, the digital asset space is grappling with a lack of fresh buying pressure.

THORChain Resumes Trading Following $10.7 Million Security Breach

After a month-long shutdown triggered by a $10.7 million vault exploit, the decentralized exchange THORChain has officially resumed operations. The protocol confirmed that all core services, including swaps, liquidity provision, and asset signing, are back online following an exhaustive security audit and validation of its infrastructure.

Binance co-founder Yi He alerts users to impersonation scam

Binance co-founder Yi He has publicly warned the crypto community about an individual identified as Zhu Pan, who allegedly impersonated her to target industry leaders, including Tron founder Justin Sun. The warning arrived alongside a formal denial from the trading platform CoinUp regarding its association with the individual.

Hut 8 to Pay $2.35 Million to Settle Merger Investor Suit

Hut 8 has agreed to a $2.35 million settlement to resolve a class-action lawsuit stemming from its 2023 merger with U.S. Bitcoin Corp. While the company denies any wrongdoing, the deal aims to close a long-standing legal dispute regarding disclosures over the operational health of a key Texas mining site.

Nakamoto liquidates legacy clinics to finalize Bitcoin-only pivot

Nakamoto Inc. has shuttered its remaining healthcare clinics, formally ending the legacy operations inherited from KindlyMD to focus exclusively on its Bitcoin-centric business model. The June 19 closure marks the final step in a radical corporate transformation that has pivoted the firm toward media, asset management, and financial advisory services.

Ethereum Ecosystem Faces Growing Backlash Over Funding Transparency

“Who is paying for all of this?” The question has become a rallying cry for Ethereum community members scrutinizing the rise of independent research groups. Amid a protracted market slump, the lack of clear financial disclosures from entities like Ethlabs has sparked a heated debate over governance, accountability, and the Foundation’s role.

XRP Faces Downward Pressure as Technicals Signal $1 Test

XRP has retreated more than 5% from its recent peak, struggling to maintain momentum after a failed breakout above $1.16. With futures activity thinning and technical indicators flashing warning signs, the asset is now gravitating toward a critical support floor near the $1 psychological threshold.

South Korea Crypto Remittances Outpace Traditional Banking

A 380% surge in crypto-based overseas remittances has reshaped South Korea’s financial landscape, as consumers increasingly bypass traditional banks. Data from Congressman Kim Sang-hoon’s office reveals that transactions through the nation’s five largest exchanges ballooned to 163.55 trillion won last year, leaving the 20% growth seen in commercial banking far behind.

India’s FIU Targets Large OTC Crypto Trades for AML Oversight

India’s Financial Intelligence Unit has demanded that three major crypto exchanges disclose records for all over-the-counter transactions exceeding $10,000. This regulatory push seeks to uncover the ultimate beneficial owners behind private firms and intermediaries, signaling a shift in focus from retail accounts to high-volume, off-exchange trade channels.

TurboFlow Secures $6M to Scale Asian Prediction and Perpetual Markets

Hong Kong-based trading platform TurboFlow has raised $6 million in a seed round led by Pantera Capital. With participation from Susquehanna Crypto and Digital Currency Group, the firm intends to bridge the gap in institutional-grade event trading and perpetual futures for the underserved Asia-Pacific market.

Ripple Secures Preliminary Luxembourg License for EU Expansion

Ripple has moved closer to full European compliance after receiving a preliminary Crypto Asset Service Provider license from Luxembourg’s Commission de Surveillance du Secteur Financier. The approval, granted via a green light letter, marks a strategic step in the company’s effort to deploy its payment infrastructure across the entire European Economic Area.

Polymarket Secures Bundesliga Partnership Amid Regulatory Scrutiny

Polymarket has named itself the exclusive U.S. prediction market partner for Germany’s Bundesliga, marking another aggressive expansion into professional sports. This move integrates the platform’s event contracts directly into the league’s American engagement strategy, even as the company battles mounting legal and ethical challenges regarding its marketing practices and regulatory standing.

Bitwise XRP Fund Inflows Cross $200 Million Milestone

Investors are increasingly turning to regulated wrappers to gain exposure to XRP, pushing Bitwise’s year-to-date inflows for its U.S. and European exchange-traded products past the $200 million mark. The milestone highlights a shift in capital allocation as market participants seek alternatives to traditional Bitcoin and Ethereum holdings.

Hong Kong Regulator Flags Aurum Foundation for Unlicensed Trading

Hong Kong’s Securities and Futures Commission has officially added the Aurum Foundation to its list of suspicious virtual asset platforms. The regulator alleges the entity is operating without authorization, despite claims on its website that the firm maintains a local registration under the city’s Companies Ordinance.

Securitize Files Delaware Lawsuit Against tZERO in Patent Dispute

A high-stakes legal battle has erupted in the U.S. District Court for the District of Delaware, as tokenization firm Securitize seeks a declaratory judgment to invalidate patent infringement claims brought by tZERO. The move directly challenges tZERO’s assertion that Securitize’s core infrastructure violates proprietary compliance and crypto-integration technology.

China Tightens Crypto-Laundering Controls in Financial Security Push

Criminal networks are increasingly exploiting digital assets and underground banking to move illicit capital, prompting Beijing to overhaul its financial oversight. With over 2,000 money laundering convictions recorded in 2025, Chinese regulators are now prioritizing the intersection of virtual currencies and cross-border fund transfers.

Ark Invest Increases SpaceX Stake as Shares Retreat from Peak

A 16% slide from recent highs hasn't deterred Cathie Wood, as Ark Invest poured $32.5 million into SpaceX shares on Monday. The firm scooped up 210,121 shares across four of its exchange-traded funds, capitalizing on the volatility that followed the aerospace giant’s high-profile Nasdaq debut earlier this month.

Senate housing bill halts Fed digital dollar projects until 2030

The U.S. Senate voted 85-5 on June 22 to pass the 21st Century ROAD to Housing Act, a sweeping piece of legislation that includes a statutory freeze on the development of a Federal Reserve central bank digital currency, effectively sidelining the digital dollar initiative for the remainder of the decade.

Crypto Lobby Presses Congress to Pass Staking Tax Bill Without Changes

Three major crypto trade associations are pushing Congress to enact the Tax Clarity for Mining and Staking Act without amendments. The groups argue that the current legislative proposal offers a necessary compromise to eliminate tax uncertainty for network participants, specifically regarding the timing of reward recognition.

Vitalik Buterin’s anonymity test forces a showdown with AI stylometry

Ethereum co-founder Vitalik Buterin has issued a public challenge to the internet, tasking users with identifying an anonymous document he authored earlier this decade. By offering up his own writing as a test case, Buterin is gauging whether advances in AI text analysis have finally rendered online pseudonymity obsolete.

Bithumb adds Canton to KRW market amid lukewarm technical momentum

Bithumb, South Korea’s second-largest cryptocurrency exchange, will launch trading for Canton (CC) in its Korean won market on June 23. The listing coincides with a protocol update aimed at lowering onboarding friction for institutional users, even as the token struggles to break free from a bearish technical trend.

Strive Outpaces Strategy With $50 Million Bitcoin Buy

Dallas-based Strive has acquired 759 Bitcoin for approximately $50 million, marking its most aggressive weekly accumulation in months. This transaction allowed the company to briefly outperform the industry's largest corporate holder, Strategy, which reported an acquisition of 520 Bitcoin during the same period.

Trump Directs Federal Quantum Push Amid Growing Q-Day Security Fears

President Donald Trump has signed two executive orders aimed at accelerating American quantum computing development while mandating a federal assessment of potential risks to national security. The directives seek to secure critical infrastructure against the hypothetical emergence of quantum machines capable of shattering current encryption standards.

Former Ethereum Foundation researchers launch independent Ethlabs

Five senior researchers formerly of the Ethereum Foundation have launched Ethlabs, a new nonprofit organization designed to advance core protocol development. Backed by industry heavyweights including Joe Lubin, Bitmine, and Sharplink, the group aims to focus on the technical infrastructure required for large-scale institutional and AI-driven adoption.

Bitmine Nears 5% Ethereum Supply Goal With $90 Million Acquisition

Bitmine has acquired an additional 52,203 ETH, a $90 million move that brings the firm’s total holdings to 4.7% of Ethereum’s circulating supply. The company remains on track to hit its 5% threshold, even as it navigates ongoing price volatility and repeated rejections at key market resistance levels.

Franklin Templeton Acquires 250 Digital to Scale Crypto Operations

Global asset manager Franklin Templeton has finalized its acquisition of 250 Digital, integrating the firm’s specialized strategies into a new division named Franklin Crypto. This move bolsters the $1.78 trillion firm’s push into digital assets as it seeks to capture rising institutional demand for cryptocurrency exposure.