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FTX token (FTT) spikes 50% as Sam Bankman-Fried seeks Donald Trump’s pardon
Sam Bankman-Fried (SBF), the disgraced founder of the bankrupt FTX exchange, is serving a quarter-century in federal …
World Cup prediction markets hit $2B before kickoff as Spain and France go head to head
The FIFA World Cup has become a multibillion-dollar trading event before its June 11 kickoff, with prediction-market …
Coinbase strategist says institutions aren’t panicking about bitcoin, ‘love it even more’ at lower prices
Family offices and sovereign wealth funds continue accumulating bitcoin despite the recent selloff, according to Coin…
A $239B claim on dormant Bitcoin wallets faces a new obstacle after old address moves
A June 5 court stay and a June 2 spend turned the Noah Doe case into a test of legal title versus private-key control…
Former FTX CEO Sam Bankman-Fried officially files for a presidential pardon from Trump
Sam Bankman-Fried is pressing ahead with his bid for a presidential pardon, even after President Trump said he has no…
Congress is weighing whether crypto tax relief should stop at stablecoins
A June 9 Ways and Means hearing pushes crypto policy into the tax code, where small payments, stablecoin use, network…
Coinbase, Ripple among over 200 crypto organizations urging Senate Clarity Act vote
More than 200 organizations, including Coinbase and Ripple, urged Senate leaders to advance the Clarity Act to a floo…
Big banks may have found their answer to the CLARITY Act’s stablecoin challenge
The Clearing House plan gives banks 24/7 tokenized settlement while keeping customer money inside regulated deposit a…
Bitcoin price rebound wobbles as Israel defies Trump and hits Iran, sending oil back toward $100
Bitcoin's brief weekend rally lost its footing as a sudden resumption of military hostilities between Israel and Iran…
Trump’s family crypto feud spills into customer accounts after wallet freeze
Crypto exchange HTX will permanently remove President Donald Trump-backed World Liberty Financial’s fiat-backed USD…
Morgan Stanley’s Galaxy deal points to Bitcoin’s next institutional test: lending collateral
Morgan Stanley announced on June 5 that eligible wealth management clients can now lend Bitcoin, Ethereum, or Solana …
Ethereum’s $1,500 test shows how quickly Wall Street’s crypto trade has turned
Ethereum’s slide to its lowest level in more than a year is testing the Wall Street trade that brought the token de…
DeFi’s old hack vectors are fading – But the new risk can hit six chains at once
Decentralized finance has gotten a lot safer over the past six years, and a new review of protocol losses from 2020 t…
Crypto rails made prediction markets global, gambling laws may make them local again
South Korean police opened the country's first illegal gambling probe into domestic Polymarket users on Jun. 5, targe…
Abra’s Bill Barhydt says Wall Street’s next crypto bet is tokenization
As Abra prepares for a Nasdaq debut, CEO Bill Barhydt is betting tokenized yield products and onchain lending will dr…
AI’s power race is shifting leverage from chipmakers like NVIDIA to the grid
AI has hit an electricity problem. Running it takes staggering amounts of power; demand in the US is climbing faster …
Bybit follows Kraken in offering tokenized SpaceX IPO access via xStocks
The product is built on Payward's xStocks framework, the tokenized equities platform Kraken acquired through its purc…
CLARITY Act chances of passage this year falls to 60%, Galaxy Digital says
The CLARITY Act, the crypto industry’s biggest bill in Congress, is losing momentum just weeks after clearing a key…
A needed $900B Treasury cash rebuild could quietly drain the liquidity Bitcoin needs
Bitcoin traders have spent the past week bracing for the wrong kind of surprise, watching rate-cut bets evaporate as …
HTX to delist Trump-linked USD1 after saying World Liberty Financial froze exchange-linked addresses
The move follows World Liberty Financial's apparent freeze of HTX-linked on-chain addresses, citing UK sanctions comp…
Hyperliquid’s UK warning reveals the regulatory test behind its Wall Street push
Hyperliquid’s rapid growth has drawn a warning from Britain’s financial regulator, adding a consumer-protection c…
AI’s $800 billion spending boom is becoming Bitcoin’s Fed problem
For the better part of two years, Wall Street has treated AI as the most bullish trade on the board, a growth engine …
Meta is paying creators in Stablecoins. Spending them is someone else's problem
Meta’s decision to pay creators in USDC validates stablecoins as a mainstream disbursement tool, Joslyn suggests, b…
America’s largest banks are building a new digital currency network to stop a massive deposit drain
America’s biggest banks are launching tokenized deposits to compete with stablecoins, opening a new front in the ra…
May jobs report explained: Why 172,000 jobs means higher rates, pricier loans, and a Bitcoin drop
The US economy added 172,000 jobs in May, more than double the 80,000 that Wall Street economists had expected, and t…
Crypto exchanges are losing retail traders but are filling the gap with Wall Street-style bets
Crypto exchanges are seeing the weakest retail-driven activity in years, but some of the biggest platforms are findin…
A little-known 1,250% rule could lock US banks out of Bitcoin
A group of Republican senators is warning US bank regulators that a little-known capital rule could effectively keep …
Hyperliquid treasuries stand alone in profit as legacy crypto DATs bleed billions
Strategy, Bitmine, and other major treasury firms have seen paper gains evaporate as crypto prices continue sliding.
Cardano founder floats splitting his own blockchain after warning more apps will die
Charles Hoskinson raised the possibility of splitting Cardano after the collapse of one of its best-known ecosystem t…
Bitcoin traders blamed Saylor’s 32 BTC sale but larger selling pressure built elsewhere
Bitcoin traders have identified Michael Saylor as a new suspect in the latest sell-off, while the numbers tell a diff…