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BiT Global, a crypto custody firm tied to entrepreneur Justin Sun, has voluntarily dismissed its lawsuit against Coinbase over the delisting of Wrapped Bitcoin (WBTC).
The move ends a months-long legal dispute that spotlighted growing tensions between centralized exchanges and token custodians as control over key infrastructure becomes increasingly contested.
Filed on June 6 in the US District...
BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) crossed $70 billion in assets under management (AUM) on June 6, being the fastest to reach this mark in just 341 trading days.
Bloomberg ETF analyst Eric Balchunas reported the milestone on X, noting that the fund beat the previous speed record of 1,691 days set by the SPDR Gold Shares ETF (GLD) by five times.
Fastest path to $...
Visa and Chainlink have completed a key milestone in the Hong Kong Monetary Authority’s (HKMA) e-HKD+ Pilot Programme, successfully testing a cross-border blockchain transaction using central bank digital currency (CBDC) and stablecoins.
The trial, conducted in partnership with ANZ, ChinaAMC, and Fidelity International, is one of the first real-world simulations of programmable money being used...
US Securities and Exchange Commission (SEC) Chairman Paul Atkins told the agency’s fifth cryptocurrency roundtable on June 9 that the ability to hold crypto without an intermediary belongs at the core of US law.
Atkins opened the “DeFi and the American Spirit” session by linking decentralized (DeFi) finance with the country’s traditions of private property rights and open markets.
He described...
The Paraguayan government made an official statement that President Santiago Peña’s verified X account was hacked and published an unauthorized declaration that Bitcoin (BTC) would be made legal tender on June 9.
The post also included a false plan to establish a Bitcoin treasury and add $5 million in BTC. The compromised account displayed an image titled “”Presidential speech about Bitcoin...
Tether is building a gateway for new players to enter Bitcoin mining by releasing its Bitcoin Mining OS (MOS) as open-source software by the end of 2025, according to CEO Paolo Ardoino.
In a June 9 post on X, Ardoino explained that the move will lower barriers for small and independent miners. Tether expects to fuel greater competition in securing the Bitcoin network by making the MOS code public...
Strategy has acquired an additional 1,045 Bitcoin (BTC) $110.2 million, according to a June 9 filing with the US Securities and Exchange Commission.
The purchase occurred between June 2 and June 8 at an average price of $105,426 per coin.
Strategy’s total Bitcoin stash now amounts to 582,000 BTC. The company’s average price now stands at $70,086, bringing its cumulative investment to about $40.79...
Public PoW blockchain Kadena makes its first capital deployment from a $50 million grants program, backing UK startup CurveBlock in the Bank of England’s Digital Securities Sandbox.
Kadena has awarded the first grant from its new $50 million ecosystem fund, allocating $400,000 to CurveBlock, a UK-based startup building tokenized real estate inside a regulated financial sandbox.
The milestone...
Could Marathon Digital Holdings be in exploratory talks with Exxon Mobil and Saudi Aramco to colocate Bitcoin mining units at oilfields, directly tapping flare-gas for power?
Crypto Twitter thinks it’s possible, and if confirmed, the partnership could turbocharge the scale and legitimacy of gas-to-Bitcoin operations, turning waste methane into a monetized digital asset while addressing ESG...
The number of transactions waiting in Bitcoin’s mempool has been thin since mid-May, a rare event in bull markets.
This prolonged quiet spell has pushed median fee rates down to 1 sat/vB or less, left many blocks underfilled, and revived long-term questions about the health of Bitcoin’s fee market.
Some reports showed that the 7-day average of confirmed daily transactions fell to 317,000 in early...