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Coinbase announced a Bitcoin-backed credit card and CFTC-compliant perpetual futures for US customers.
The exchange made the revelation during its annual State of Crypto Summit on June 12.
Perpetual futures for US traders
Max Branzburg, head of consumer and business products, said Coinbase will soon list perpetual futures contracts for domestic users under the Commodity Futures Trading Commission...
Ethereum builders outlined a “Lean Ethereum” roadmap that aims to trim layer-1 complexity while hardening security, according to researcher Thomas Coratger on June 12 via X.
Co-founder Vitalik Buterin and researcher Justin Drake discussed the concept in a breakout session at the Forschungsingenieurtagung conference in Berlin. It proposes three guiding targets: security, simplicity, and...
Polygon has laid out an ambitious scaling roadmap to reach 100,000 transactions per second (TPS), beginning with a July upgrade that will bring the network to 1,000 TPS.
The roadmap comes a day after Polygon announced a governance revamp and shift in focus to Agglayer.
Dubbed the “Gigagas” roadmap, the initiative is focused on making Polygon the go-to blockchain for real-world financial...
Hong Kong is stepping up its fight against crypto-related money laundering by working with the University of Hong Kong (HKU) on technology-driven solutions, including improved tracking of virtual asset flows.
The new effort was revealed in a government statement on June 12, following a four-day workshop focused on enhancing anti-money laundering (AML) strategies.
Collaborative effort
Under the...
Circle, a US-based publicly traded crypto firm, has expanded the reach of its USD Coin (USDC) stablecoin to the XRP Ledger (XRPL), adding another blockchain to its growing ecosystem, according to a June 12 statement.
On-chain data shows that around $2 million worth of the asset had been minted on the network as of press time.
This expansion follows Circle’s recent integration of USDC into World...
Two US Democratic Senators are demanding answers from Meta CEO Mark Zuckerberg over reports that the social media giant is exploring a new stablecoin project.
In a letter dated June 11, Senators Elizabeth Warren and Richard Blumenthal asked Zuckerberg to explain Meta’s current ambitions in the digital currency space. The move follows news that the firm is engaging with crypto companies and hiring...
Tether has taken a new step in its long-term strategy of diversifying outside its primary stablecoin issuance business.
On June 12, the USDT stablecoin issuer disclosed that it acquired an equity stake in Elemental Altus Royalties, a firm specializing in gold royalties.
According to the firm, on June 10, it secured 78.4 million common shares from La Mancha Investments. This stake accounts for...
Investor demand for Plasma’s upcoming XPL token continues to soar, with the stablecoin infrastructure platform now securing $1 billion in deposits to support the planned sale.
Plasma confirmed that its revised $1 billion deposit cap was reached in under 30 minutes on June 12, doubling its initial $500 million target.
The firm stated that 2,900 wallets participated in the round, and the median...
Investor demand for Ethereum-backed spot exchange-traded funds (ETFs) is heating up amid the asset’s bullish price moves.
According to data from SoSoValue, spot Ethereum ETFs recorded $240 million in net daily inflows on June 11, their second-highest total for 2025.
BlackRock’s iShares Ethereum Trust (ETHA) led the charge with $160 million inflows, followed by Fidelity’s FETH at $37 million....
A growing share of Bitcoin’s circulating supply is now concentrated in the hands of major institutional players and centralized entities, a new report by Gemini and Glassnode reveals.
According to the findings, over 30% of Bitcoin’s supply is now controlled by just 216 centralized holders across six key categories, including crypto exchanges, ETFs and funds, publicly traded companies, privately...