Stay updated with the latest cryptocurrency news and blockchain insights
Ripple invests in African fintech Flutterwave, valued at $3.2 billion, to integrate its RLUSD stablecoin and XRP Ledger for faster cross-border payments across the continent, signaling a major push into Africa's growing digital payments market.
Robinhood is laying off 10% of its employees to streamline operations after crypto transaction revenue dropped 34% sequentially. CEO Vlad Tenev claims the business is strong, but the cuts highlight the brokerage's exposure to a crypto winter that has dampened retail trading activity.
Coinbase announces plans to issue tokenized onchain shares, with investors receiving actual dividends, signaling growing momentum behind tokenized securities and expanding the crypto exchange's role in traditional finance.
Reuters reports that Binance’s EU crypto license application is set to be rejected by the Greek regulator HCMC, despite the exchange’s assertions of compliance. This regulatory setback for the world’s largest crypto exchange may hinder its plans for European expansion.
Ethereum's Glamsterdam fork, the network's largest protocol overhaul in years, moves into final development with closed testing underway, bringing the long-awaited upgrade closer to mainnet deployment.
State Street joins BlackRock and Franklin Templeton in managing stablecoin reserves, launching a new money market fund to capture the growing demand. This move highlights increasing institutional involvement in the stablecoin ecosystem, potentially boosting trust and adoption.
Bitcoin drops to $66,000 despite equities rallying on US-Iran peace hopes, with oil falling to three-month lows. Traders eye $70,000 as a local top and anticipate range-bound summer action. Short liquidations hit $230 million as the crypto market lags risk assets.
SpaceX's IPO raised $75B, valuing it at $2T, but tokenized shares on Binance, Bybit, and Bitget failed to deliver allocations. Pre-IPO perpetuals traded $4.6B and showed accurate price discovery, highlighting a split between synthetic exposure success and access collapse.
A 15-day virtual city experiment tested AI agents from Claude, Grok, Gemini, and GPT-5-mini. Identical starting conditions yielded vastly different outcomes: from stable self-governance with 32 laws to city destruction in 4 days. Researchers warn short tests miss long-term behavioral risks.
The IMF highlights risks from Nigeria's massive stablecoin adoption, including digital dollarization and illicit finance. With $59 billion in crypto inflows last year, the Fund urges pragmatic risk management over suppression, combining blockchain analytics with tighter policy to safeguard monetary stability.
Y Combinator’s Locus Founder enables users to launch and operate businesses via text message, with AI handling all operations and settling payments in USDC. The tool is accessible through iMessage, SMS, and Telegram, showcasing practical crypto integration.
The Bank of Japan raised rates to 1%, its highest since 1995. Historical data shows Bitcoin averaged a 5.74% decline 30 days after past BoJ hikes, potentially dragging BTC toward the $60,000–$62,700 range. A broader risk-off sentiment may amplify losses.
Hyperliquid's native token HYPE surged to a $75.96 all-time high, driven by nearly $172M in cumulative ETF inflows since May. The trio of ETFs, led by Bitwise's BHYP, highlight institutional appetite for the protocol's fee-generating architecture, diverging sharply from Bitcoin ETF outflows of $5.6B.
Robinhood is cutting 10% of its workforce (~290 employees) to flatten its org structure, incurring $28M in charges. CEO Vlad Tenev says the business is 'stronger than ever' despite weak Q1 crypto volumes, while June trading volumes hit records across equities, options, and prediction markets.
Hyperliquid's HYPE token soared to a new ATH of $76.50, driven by $1.1B in SPCX perpetual volume amid SpaceX after-market price discovery. HYPE ETFs recorded their second-biggest day, signaling TradFi interest. Meanwhile, Strategy bought 1,587 BTC for $100M.
BlackRock launches the iShares Bitcoin Premium Income ETF (BITA) on Nasdaq, providing mid-to-high teens yield by selling call options on up to 35% of its BTC/IBIT holdings. The product targets financial advisors and institutional investors seeking income from Bitcoin exposure.
BlackRock introduces a new bitcoin income fund, responding to client requests for yield from bitcoin holdings. The fund builds on the $49B success of IBIT, offering cash flow alongside BTC exposure.
A new Polymarket account turned a $4 million bet against Spain into a $9 million windfall after a surprising World Cup draw. The anomalous trade has sparked speculation about potential insider information, raising questions about the integrity of prediction markets.
South Korean authorities detained two and referred 23 in a $11.1M USDT laundering operation tied to a Cambodian phishing ring. Police froze $431K; the ringleader is at large. 265 phishing instances caused $17M harm. Chainalysis warns of resilient scam networks, pushing for stablecoin regulatory coordination.
Forward Industries' push to consolidate Solana treasury companies faces resistance as Helius Medical, SkyAI, and Brera reject or ignore buyout offers. Forward holds 7M SOL worth $525M, down from $1.6B cost, while experts warn consolidation may be the sector's only path forward.
