Arweave’s AO sees $260 million pre-bridged in 4 days

AO, a hyper-parallel computer, saw an influx of $260 million stETH pre-bridged to its platform, propelling it to become the 28th largest decentralized finance (DeFi) economy over the past four days, Arweave... Read more »

New York Recovers $50 Million From Gemini — Bans the Exchange From Crypto Lending in the State

New York Attorney General Letitia James has secured a $50 million settlement from cryptocurrency exchange Gemini for Earn program investors. This settlement ensures that all defrauded investors will fully recover the assets... Read more »

BlackRock, other issuers update S-1 filing for spot Ethereum ETFs, raising expectations for July launch

Seven spot Ethereum ETF applicants amended their registration statements with the SEC on June 21, leading to increased expectations of a trading launch in early July. Franklin Templeton, VanEck, Invesco Galaxy, BlackRock,... Read more »

Foundry Unveils New Hardware Suite Targeting Institutional Bitcoin Mining

Foundry Digital LLC has launched a new suite of products aimed at enhancing institutional bitcoin mining operations. Dubbed Foundry Hardware, this initiative introduces specialized equipment designed to improve mining system efficiencies and... Read more »

FinCEN says illicit use of crypto by criminals creates new ‘opportunities’ for detection

The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has issued a stark warning to US financial firms, warning them about the increasing use of crypto by Mexican drug cartels to purchase... Read more »

Bloomberg Analyst Now Expects Spot Ethereum ETFs to Launch on July 2

Bloomberg’s senior ETF analyst has updated his spot ethereum exchange-traded fund (ETF) prediction. “We are moving up our over/under date for the launch of spot ether ETF to July 2nd,” he said.... Read more »

Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures

In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per... Read more »

Bitcoin tumbles to lowest price since mid-May under $64k

Bitcoin has plummeted to under $64,000, its lowest level since mid-May, driven by heightened selling pressure in the market. BTC has mostly traded downwards or sideways after exceeding the $70,000 mark at... Read more »

Indian Authority Fines Crypto Exchange Binance $2.25 Million for AML Violations

India’s Financial Intelligence Unit has fined crypto exchange Binance $2.25 million (₹18.8 crore) for non-compliance with anti-money laundering (AML) regulations. Binance’s return to India is seen as challenging, especially after the government’s... Read more »

Winklevoss twins slam Biden for ‘anti-crypto’ policies, endorse Trump as ‘pro-crypto choice’

Gemini co-founders Tyler Winklevoss and Cameron Winklevoss endorsed former US President Donald Trump and said they intend to vote for him in November because he is the “pro-Bitcoin, pro-crypto and pro-business choice.”... Read more »
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