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Feed Items

A legislative proposal to establish a regulatory framework for digital assets in the United States, the Digital Asset Market Clarity Act, has advanced through two key House committees with bipartisan support. The bill, also known as H.R. 3633, cleared the House Financial Services Committee with a 32-19 vote and the House Agriculture Committee with a 47-6 vote, positioning it for consideration by...
FTX, the bankrupt crypto exchange, has added Payoneer to its creditors’ repayment options, according to a June 10 statement. The new company would serve as an additional asset distribution channel, alongside BitGo and Kraken. Payoneer operates a global payments platform across more than 190 countries and territories. Under the agreement, Payoneer will help distribute funds to retail customers in...
On-chain data shows that Bitcoin’s (BTC) brief slide to $100,000 strengthened rather than weakened market structure, Glassnode said in a June 10 report. Bitcoin is currently trading at $109,500, after an over 4% climb on June 9 to hit a weekly high of $110,600. The report noted that the 9% drawdown following the June 7 record high of $111,965 resulted in only $200 million in realized losses,...
The Ethereum Foundation has released the first report in its most comprehensive security initiative to date, which maps the critical risks Ethereum (ETH) must address to support trillions in global on-chain value. The first Trillion Dollar Security (1TS) report outlines what individuals, institutions, and governments require to entrust significantly larger sums to the network. The report follows...
The US Securities and Exchange Commission (SEC) asked would-be Solana exchange-traded fund (ETF) sponsors to file amended S-1 Forms within a week, Blockworks reported on June 10, citing three people familiar with the discussions. The sources said that the SEC has informed the issuers that it intends to respond within 30 days of the filings. Additionally, staff directed applicants to clarify...
Fortune 500 companies and global asset managers continued to expand blockchain activity and allocations during the first half of 2025, according to Coinbase’s latest State of Crypto report. Six in ten Fortune 500 executives say their firms run on-chain initiatives, and the average number of projects per company jumped to 9.7 from 5.8 year on year, a 67% rise. Furthermore, almost 20% of...
The Blockchain Group on June 10 won shareholder approval to raise more than €10 billion ($11 billion) for additional Bitcoin (BTC) purchases effective immediately, formalizing a proposal first aired one day earlier. During an ordinary and extraordinary general meeting, investors holding 39% of voting rights backed every resolution with support exceeding 95%, according to a statement posted on X....
Guggenheim Partners is bringing its Treasury-backed fixed-income product to the XRP Ledger (XRPL) through a new partnership with Ripple, Bloomberg News reported on June 10. Guggenheim Treasury Services, a subsidiary of the investment giant, will offer tokenized US commercial paper with customized maturity terms of up to 397 days on XRPL. The product is fully backed by US Treasurys and aims to...
Alby, a Bitcoin Lightning Network wallet, is facing mounting criticism after several users reported unexpected withdrawals from their accounts. The deductions, described as inactivity fees, have raised concerns about transparency and custodial risks. Community complaints against Alby The controversy gained traction on June 10 after Yu Xian, co-founder of blockchain security firm SlowMist,...
CME’s Bitcoin futures and options structure has become increasingly condensed and cautious, with the vast majority of notional exposure now expiring within the next four weeks. At the same time, the annualized basis curve has flattened to its narrowest level since April, offering minimal incentive for arbitrage-driven carry trades and limited insight into longer-term market expectations. On June...