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DOJ seizes Huione Group cloud computing account used to launder billions in fraud proceeds
Last year, FinCEN designated Huione Group as a primary money laundering concern under the USA Patriot Act.
Goldfinch set to shutter Prime after community vote backs wind-down proposal
The protocol facilitated roughly $100 million in loans, but a handful of borrower pools later encountered "serious pe…
Tether-backed Oobit brings USDT to nearly 170 million users of Brazil’s PIX payment network
Created by Banco Central do Brasil in 2020, PIX is one of the world's most widely-adopted digital payment networks.
Trump’s quantum computing push puts $449 billion in “exposed Bitcoin” back in the limelight
On June 22, President Donald Trump signed two executive orders that put the federal government’s most sensitive civ…
Ethereum Foundation cuts 20% of its workforce as new 5-cluster structure takes shape
Ethereum Foundation cut 20% of its workforce, reorganizing into five clusters as part of a long-simmering reorganizat…
OKX Europe chief says 80% of crypto exchanges won’t survive MiCA as deadline nears
OKX Europe CEO Ghoos said 80% of exchanges won't survive MiCA as ESMA forces unlicensed firms to cease EU operations …
Strategy: The Capital Stack Meets a Falling Bitcoin Price
Below is a summarized version of The Block Research’s Strategy: The Capital Stack Meets a Falling Bitcoin Price rep…
Midas’ mGLOBAL token tracking Fasanara’s alternative debt strategy launches on Aave Horizon
Holders will now be able to deposit mGLOBAL tokens on Aave Horizon to borrow USDC while retaining full exposure to th…
New DeFi Education Fund coalition seeks to harden crypto against cybersecurity threats
The DeFi Education Fund launched a cybersecurity coalition as part of an effort to bolster itself against bad actors …
Blockchain data startup Allium raises $40M Series B as institutional interest in onchain analytics grows: Fortune
Allium raised a $40 million Series B to expand blockchain data infrastructure for institutional clients, including Vi…
THORChain resumes trading five weeks after $10.7 million exploit
THORChain resumed trading after a 5-week halt following a $10.7 million multichain exploit in May affecting an Asgard…
Hut 8 agrees to $2.35 million settlement in investor suit tied to US Bitcoin merger
Hut 8 agreed to pay $2.35M to settle a securities class action over disclosure claims from its 2023 merger with U.S. …
David Bailey’s Nakamoto closes legacy healthcare clinics as bitcoin operating company pivot nears completion
Nakamoto closed its healthcare clinics on June 19, completing a merger-linked wind-down as it pivots fully to bitcoin…
Ethereum breakaway developers turn a funding gap into a fight over who steers the network
On June 22, five former senior Ethereum Foundation researchers announced Ethlabs, an independent nonprofit R&D lab wi…
US Senate passes housing supply bill featuring CBDC ban in 85-5 vote
The housing supply bill seeks to ban the issuance of a CBDC or any similar digital asset until the end of 2030.
Trump signs orders to build a quantum computer and protect against the one that could break encryption
The White House issued twin executive orders to accelerate U.S. development of large-scale quantum computers while si…
Crypto lobby urges Congress pass staking and mining tax bill as is
A trio of crypto lobby groups says a bill allowing staking and mining rewards to be taxed when they’re sold should …
Trump signs orders for quantum computer, cryptography upgrades
“We’re going to be investing in American quantum leadership like never before to stay ahead of the pack,” says …
Trump signs executive orders setting 2031 deadline for post-quantum migration
One order mandated that all federal high-value assets and systems transition to Post-Quantum Cryptography by the end …
Ark Invest buys $32 million worth of SpaceX shares as stock plunges 16%
SPCX fell 16.43% to close at $154.60 on Monday, erasing most of the gains recorded since its June 12 debut.
TurboFlow, aiming to be the ‘Kalshi of APAC,’ raises $6 million seed led by Pantera Capital
The platform offers prediction markets and perpetual futures and aims to be a localized alternative to Kalshi and Pol…
Solana treasury firm Solmate’s largest stakeholder sues board for self-dealing, fiduciary breaches
Board members Ron Sade and Keren Maimon personally bought about 2.298 million SLMT shares at $4.97, diluting sharehol…
Bitmine, SharpLink and Joe Lubin back Ethlabs nonprofit to advance Ethereum’s ‘next phase’ of growth
Ethlabs, backed by Joe Lubin and the two largest ETH DATs, Bitmine and SharpLink, will focus on institutional adoption.
MoonPay expands into back-office financial operations with AI accounting startup Entendre acquisition
MoonPay has made at least four other acquisitions this year as it works to expand via MoonPay Trade and MoonPay Insti…
Securitize asks court to reject tZERO’s ‘meritless’ tokenization patent allegations
Securitize alleged that tZERO's actions are "nothing more than the culmination" of shareholder pressure to capitalize…
HIVE stock surges 25% as Ivy League researchers train neural networks on Paraguay GPUs
The research was submitted to NeurIPS, one of AI's leading academic conferences, to be held later this year.
Intercontinental Exchange, OKX expand access to tokenized equities via joint venture co-chaired by former Gov. Cuomo
The new joint venture will enable OKX customers in the U.S. and internationally to access ICE futures and NYSE tokeni…
Crypto's second U.S. lobbying front — tax policy — sees industry push on mining, staking
The crypto sector's leading U.S. advocacy groups asked the U.S. House's tax committee to advance a bill to clarify tr…
Crypto industry groups urge Congress to pass tax staking and mining bill unchanged
Crypto advocacy groups are urging Congress to pass a tax bill, saying the measure would provide clarity on mining and…
Bitcoin treasury Strive’s shares jump as company’s holdings near 20,000 BTC
The bitcoin treasury company founded by Vivek Ramaswamy saw its shares jump about 10% in early trading Monday.