Crypto

KuCoin faces scrutiny over alleged legal threat in stolen funds case

KuCoin is facing new scrutiny after blockchain investigator ZachXBT claimed the exchange sent legal warnings to a victim whose stolen funds were allegedly routed through KuCoin-linked accounts.  Summary A crypto investigator claims KuCoin sent legal warnings after stolen funds were…

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Crypto Analyst Challenges Ripple’s CEO Take on Strategy: ‘Two Giants, Same Model’

Merlijn says Garlinghouse should not be attacking Saylor since Ripple funds itself by selling XRP from escrow every month. As more opinions on Strategy’s latest bitcoin (BTC) moves surface within the crypto community, trader Merlijn has countered Ripple CEO…

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What the DTCC deal means

Stellar trades near $0.18, but a May 2026 plan for the DTCC to connect its tokenization service to Stellar, with XLM named as the settlement token, could route trillions in traditional securities onto the network. What would that actually mean…

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Ripple CTO Emeritus Unveils Plan to Tackle XRPL DEX Front-Running

The proposal aims to give XRPL users guaranteed execution priority if they pay a reservation fee before a ledger closes. David Schwartz, who co-founded the XRP Ledger, has proposed a transaction reservation scheme as a potential fix for front-running…

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Solana

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…

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Solana

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…

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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…

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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…

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Goodbye SMS Codes: GCash Shifts to In-App OTPs Ahead of BSP Anti-Scam Deadline

Mobile wallet platform GCash announced it will transition to in-app one-time passwords (OTPs) via push notifications beginning June 22, 2026. The technical shift will fully replace the existing SMS-based authentication system to mitigate phishing scams and unauthorized financial account takeovers….

HyperFund promoter Bitcoin Rodney admits role in $1.8B crypto fraud

A Florida man has pleaded guilty to operating an unlicensed money-transmitting business tied to HyperFund, a crypto investment scheme that U.S. authorities have described as a fraud that collected roughly $1.8 billion from investors. Summary Rodney “Bitcoin Rodney” Burton has…

Inveniam Capital Partners Pushes Mantra Acquisition After $20M Bet, Cementing RWA-AI Stack

Key Takeaways Inveniam agreed to acquire blockchain project MANTRA by June 30, 2026, following a $20M investment. The deal marks a major turning point for MANTRA after a token 90% flash crash in April 2025 wiped out $5B. Inveniam and…

₱167 a Month: Singlife, AUB Launch In-App Health Insurance on HelloMoney and Hello Pag-IBIG

Singlife Philippines and Asia United Bank (AUB) announced Thursday the integration of Singlife’s 100-in-1 Medical Plan into AUB’s HelloMoney and Hello Pag-IBIG mobile applications. The partnership allows users of the digital banking platforms to browse, purchase, and manage health and…

Bitcoin drops toward $64K after hawkish Fed sparks liquidation cascade

Bitcoin has fallen back toward $64,000 after a hawkish Federal Reserve outlook erased a relief rally driven by easing Middle East tensions, with traders now debating whether support near $64,000 can prevent a deeper retracement toward June lows. Summary Bitcoin…

Zimbabwe Central Bank Unit Unveils Regulatory Framework for Crypto Firms

New Legal Definitions The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has issued a public mandate requiring all virtual asset service providers to formally register with the regulatory body. The June 16 directive solidifies the government’s transition toward an integrated…

NFT

Coinbase Launches AI Advisor and Major Platform Expansion

Coinbase has unveiled what may be the most ambitious single-day product announcement in its history. Dubbed the “System Update,” the June 16 release covered every major segment of finance, with Coinbase framing the rollout around three pillars: more assets to…

Binance scrambles for France after Lagarde sinks Greek bid

Binance has been left relying on France as its last realistic route to secure a Markets in Crypto-Assets license after its expected authorization bid in Greece reportedly stalled ahead of the European Union’s June 30 deadline. Summary The Big Whale…

NFT

Pump.fun Activity Craters 80% in Three Months, Dragging Solana Fees Lower as Traders Rotate Into Perps

The memecoin boom that once defined Solana’s identity as a high-throughput speculation machine is unraveling in real time, and Pump.fun is bearing the brunt of it. The seven-day average of Pump.fun‘s token graduation rate — the share of newly created…

Crypto Investors Could Lose Key Tax Advantage Under New House Proposal – Bitcoin News

Key Takeaways Proposed legislation would extend wash sale restrictions to many cryptocurrency transactions. Investors could face limits on claiming losses after rapid asset repurchases. Exemptions cover qualified U.S. dollar stablecoins and digital assets acquired through staking, mining, and related validation…