Upbit rejects Open USD role after stablecoin partner claims
South Korean crypto exchange Upbit has rejected claims that it is participating in the issuance of Open USD after being listed among more than 140 organizations associated with the proposed stablecoin. Summary Upbit says it is not participating in Open…
Why is Cardano (ADA) Up 15% in a Week?
Can the price reach $0.23 in the short term? Last month, Cardano’s ADA collapsed below $0.14, the lowest level since the end of 2020. Meanwhile, its market capitalization briefly plummeted to roughly $5 billion, leaving the asset temporarily out…
Trump taps Robinhood for new child investment account rollout
Robinhood has emerged as a key platform in the rollout of the Trump Accounts program, with U.S. Treasury-backed child investment accounts scheduled to begin transfers ahead of the initiative’s July 4 launch. Summary Robinhood is expected to help roll out…
Shielded Labs warns Ironwood delay could disrupt Zcash upgrade
Shielded Labs has raised the possibility of delaying Zcash’s Ironwood network upgrade, citing readiness concerns among exchanges, mining pools and wallet providers ahead of the planned late July activation. Summary Shielded Labs says Zcash’s Ironwood upgrade may be delayed as…
3 AIs Give Surprising Answers
SOL is the “easiest pick,” ChatGPT said. The prolonged bear market has left numerous crypto investors underwater, as prices of countless digital assets have crashed by double digits over the past several months. Despite the grim reality, the current…
Crypto Is No Longer the ‘Belle of the Ball,’ Warns Bitwise’s Matt Hougan
Crypto winter looks different this cycle as capital rotates toward smaller assets with credible fundamentals instead. Bitwise Chief Investment Officer Matt Hougan said the “brutal” cryptocurrency market is no longer the “belle of the ball,” as digital assets are…
Bitcoin Investment Products Suffer $1.44B in Outflows During Worst Week of 2026
XRP, Hyperliquid, and Near attracted fresh investor money despite massive outflows across the broader crypto fund market. Bitcoin investment products recorded $1.44 billion in net outflows last week, according to CoinShares. It was the largest weekly withdrawal from Bitcoin…
First-Ever Crypto Fraud Case Under New Investor Protection Law
South Korean authorities tracked suspects for months after CatFi case was initially dismissed despite early blockchain sleuth reports and evidence. South Korean prosecutors have filed charges against a group of individuals linked to a Solana-based meme coin project called…
Brad Sherman slams stablecoin tax refunds as tax evasion tool
Brad Sherman has criticized proposals to distribute government payments through stablecoins, warning during a congressional hearing that such a system could support tax evasion while lawmakers simultaneously advance several new crypto tax proposals. Summary Rep. Brad Sherman criticized proposals to…
Chile Busts $88 Million Crypto Laundering Ring Tied to the Sanctioned Tren de Aragua Cartel
Key Takeaways Chile arrested 18 individuals over an $88M crypto laundering network linked directly to the Tren de Aragua gang. Shaking banking safety, Juan Carlos Pérez Asencio used Banco Santander to open several accounts since 2019. Hector Barros froze 140…
Solana Just Proposed Cutting $1.5 Billion in Token Emissions in Half the Time, Is This the Supply Shock SOL Needs?
A new Solana governance proposal called SIMD-0550 aims to double the speed at which the network’s inflation rate is. It targets to eliminate $1.5 billion in future SOL token emissions at current prices and compresses the timeline to reach the…
BNP Paribas warns inflation threat could trigger three Fed hikes
BNP Paribas has forecast three Federal Reserve rate hikes beginning in December, citing stronger-than-expected U.S. employment data and rising inflation pressures that the bank links in part to the ongoing U.S.-Iran conflict. Summary BNP Paribas expects the Fed to deliver…
Mastercard Enables Stablecoin Settlement Across Eight Blockchains
On June 4, 2026, Mastercard announced on X its plans to expand the settlement capabilities of its payment network, allowing issuers and acquirers to settle transactions using regulated stablecoins across eight blockchains, alongside existing fiat processes. This move marks a…
TRX Spot Listing Launches on Bitnomial, Supporting Regulated U.S. Access to TRON
Geneva, Switzerland — June 5, 2026 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications ( dApps), today announced the spot listing of TRX, the native utility token of…
$62Bn Vanished: Is the Bitcoin Corporate Treasury Meta Dead?
In Bitcoin news today, publicly traded companies built around holding BTC as their core reserve asset have shed $62Bn in combined market value since early October, with the total capitalization of these firms collapsing from $134Bn to approximately $72Bn, according…
Bitcoin Treasury Firms Shed $62 Billion in Deepening Crypto Rout
A wave of publicly traded companies built to hold Bitcoin for investors is unraveling fast, wiping out tens of billions in market value as the crypto downturn grinds on. When Bitcoin was soaring, the pitch was simple: buy shares in…
House Committee unveils crypto tax plan that could reshape DeFi
The U.S. House Ways and Means Committee has released seven crypto tax discussion drafts that would introduce new rules for decentralized finance lending, stablecoin payments, staking rewards, and other digital asset transactions ahead of a June 9 congressional hearing. Summary…
Coinbase and Better Fund First Fannie Mae-Backed Bitcoin Mortgage
A married couple in Ann Arbor, Michigan, just made history — not by winning the lottery or inheriting a fortune, but by buying a home using Bitcoin as collateral. Their transaction, quietly closed on June 4, marks the first time…