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 […]
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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 […]
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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 […]
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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 […]
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While Solana is up just 5% over the past year, global sentiment around the altcoin is bullish due to its potential technical capabilities to outperform its main rivals in performance. Solana’s Firedancer validator client, expected to leave testnet in 2025, is demonstrating transaction-per-second capabilities exceeding one million in test environments, a development aimed at solving […]
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The decentralized physical infrastructure platform wants to scale and improve data infrastructure for vehicles in Japan.
Interactive Strength (TRNR), a Nasdaq-listed fitness technology firm, is entering the digital asset space by launching what it describes as the first artificial intelligence-driven crypto treasury. The company plans to acquire $500 million worth of Fetch.ai’s FET tokens, according to a June 11 announcement. TRNR has started building its token position, backed by an initial […]
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Polygon’s governance is undergoing a significant transformation, with co-founder Sandeep Nailwal stepping in as the Foundation’s first CEO. In a June 11 post on X, Nailwal said: “As the largest holder of POL and someone who dedicated his life to development and success of Polygon from the very beginning, I have decided to take full […]
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VivoPower has committed $100 million in XRP to Flare Network’s ecosystem in a bid to boost returns on its digital asset holdings, according to a June 11 statement. Through this move, VivoPower intends to leverage Flare’s on-chain protocols, including Firelight, to generate sustainable yield from its XRP reserves. The company plans to channel all earned […]
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Ripple has brought Ondo Finance’s tokenized US Treasuries product, Ondo Short-Term US Government Treasuries (OUSG), to the XRP Ledger. The launch was announced on June 11 and is seen as a move to expand the reach of institutional-grade tokenized assets across the fast-rising blockchain network. According to the statement, the integration allows institutional investors to […]
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Plasma, a blockchain platform focused on stablecoin infrastructure, is making waves across the crypto space for raising $500 million through its XPL token offering and securing a strategic partnership with DeFi giant Aave in the last 24 hours. The Aave collaboration will see Plasma integrate the DeFi protocol’s lending and liquidity infrastructure to distribute USDT […]
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After years of testing, the XRP Ledger will finally launch its Ethereum Virtual Machine-compatible sidechain in the second quarter of 2025. Ripple Chief Technology Officer David Schwartz confirmed the timeline at the Apex 2025 event, a move that integrates Ethereum’s smart contract capabilities into the XRPL ecosystem. The development aims to expand XRP’s utility beyond […]
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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 […]
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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 […]
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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 […]
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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, disclosed that […]
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Cardano has taken a new step in bridging the gap between Bitcoin and decentralized finance by launching Cardinal. This protocol allows the top blockchain network to interact with Cardano’s DeFi ecosystem. Cardano founder Charles Hoskinson highlighted the release on June 9, sharing a post from Roman Pellerin, Chief Technology Officer at Input Output Global (IOG), […]
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World Liberty Financial (WLFI), a DeFi venture linked to US President Donald Trump, has drawn a $7.5 million USDT loan through the Aave lending platform. On June 10, blockchain analytics firm Onchain Lens reported that WLFI supplied assets worth more than $52 million to Aave. This included 7,900 Ethereum (ETH) valued at $21 million, 162.69 […]
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Ripple is scaling up its global blockchain education efforts with a fresh commitment of more than $5 million in funding to universities across the Asia-Pacific (APAC) region, according to a June 10 statement. The crypto payment company stated that the investment will be channeled through Ripple’s University Blockchain Research Initiative (UBRI), targeting institutions in South […]
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Several Waymo self-driving taxis were destroyed amid growing tensions over ICE activity in Los Angeles.
Following a damaging protocol vulnerability in May, Sui decentralized exchange Cetus is back online with a compensation plan.
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 […]
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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 […]
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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 […]
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Michael Saylor, chairman of Strategy and a long-time Bitcoin advocate, has dismissed concerns that quantum computing poses an imminent threat to the top crypto. In a recent CNBC interview, Saylor argued that the narrative is exaggerated to promote speculative quantum-resistant tokens. He noted : “It’s mainly marketing from people that want to sell you the […]
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Ripple plans to offer up to $200,000 in grants to Japanese startups building on the XRP Ledger (XRPL). The initiative, announced on June 9, is part of the company’s broader effort to foster blockchain innovation in Japan. According to the statement, the funding is tied to a new partnership with Web3 Salon, a program supported […]
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Maple Finance has deployed its liquid yield-bearing stablecoin, syrupUSDC, on the Solana network using Chainlink’s Cross-Chain Interoperability Protocol, introducing new capital strategies and institutional lending primitives into one of crypto’s most liquid ecosystems. Maple’s native SYRUP token jumped 8% on the launch news, holding a market cap of nearly $420 million. The integration allows users […]
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Quantum security concerns continue to ripple through digital asset markets following BlackRock’s recent warning about cryptographic vulnerabilities in Bitcoin and Ethereum, driving renewed attention to quantum-resistant infrastructure. Quantum Resistant Ledger (QRL), one of the few blockchain networks purpose-built for a post-quantum future, has seen its native token rise over 33% in the past month amid […]
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Aave has launched Umbrella, a fully on-chain staking-based risk management system designed to replace its legacy Safety Module with a more automated and capital-efficient framework. Built by BGD Labs and ratified by Aave governance, Umbrella allows users to stake interest-bearing aTokens, such as aUSDC, aWETH, and GHO, to provide real-time, automated coverage for bad debt […]
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Pornhub’s France block over age checks sparked a 1,000% ProtonVPN signup surge, highlighting pushback against ID laws.