Shanghai crypto forex case sends five to prison over $29M transfers
A Shanghai court sentenced five people to prison over an illegal foreign exchange network that used crypto to move more than $29.4 million abroad. Summary Shanghai prosecutors said the group used crypto to move over $29.4 million abroad illegally. Five…
What is OpenUSD (OUSD)? Visa, BlackRock, Coinbase, and 140+ Firms Fuel Buzz Around New Stablecoin
Backed by over 140 companies, Open USD promises zero-fee minting, collaborative governance, and reserve yield sharing ahead of its launch. Open USD (OUSD) stablecoin has emerged as one of the crypto market’s biggest trending topics after the project drew…
Binance and CZ sued in London by 1,700 UK investors
Nearly 1,700 UK investors have sued Binance and founder Changpeng Zhao in London over alleged losses tied to crypto derivatives. Summary Nearly 1,700 UK investors accuse Binance and CZ of selling unauthorized crypto derivative products. The claim targets futures, options…
New Federal Data Reveals Donald Trump Holds $50 Million in Bitcoin in Cold Wallet
A federal filing revealed that Trump holds more than $50 million in Bitcoin, though the disclosure’s highest reporting category suggests even more. A newly released federal financial disclosure has revealed that US President Donald Trump holds more than $50…
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…
THORChain V3.19 Is Live: Monero Is First Up But Can it Save RUNE?
THORChain (RUNE) is restarting. The decentralized cross-chain DEX, paused since May 15 after a $10.7M exploit drained one of its vaults, is rolling out v3.19, its official restart release, with mainnet adoption targeted for the first week of June. RUNE…
Hyperliquid Whale Holds 81% Short Book and $2.7M Profit as HYPE Bet Pays off
Key Takeaways Nansen flagged a Hyperliquid trader 81% short with a $2.7M all-time profit on June 11. The wallet’s $13.57M HYPE short sits up $539K, alongside winning ETH and BTC shorts. HYPE is trading near $58, about 28% below its…
LBank Pay Expands to Support BTC, ETH and 20+ Crypto Assets, Launches 20,000 USDT Campaign
[PRESS RELEASE – Singapore, Singapore, June 12th, 2026] LBank, the leading global cryptocurrency exchange, has announced a major upgrade to LBank Pay, its integrated crypto payment solution. Effective June 11, 2026, LBank Pay now supports direct payments in over 20…
The leading Crypto to buy now with $1,000 revealed
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP and Little Pepe highlight the trade-off between established crypto assets and higher-risk presale opportunities. Summary XRP vs Little…
CFTC’s Mike Selig Vows to End Regulation by Enforcement as He Steers US Crypto Solo
Key Takeaways Selig has pledged to end “regulation by enforcement,” promising rule-based CFTC crypto oversight. As the CFTC’s only commissioner, Selig now sets policy over crypto, derivatives and a $36.6B prediction market. A finalized perpetual-futures rule could return offshore crypto…
Bitcoin ETFs News: BlackRock Filed to Launch an ETF That Pays 8-12% APY And Goldman Sachs Is Right Behind It
In Bitcoin ETF news today, BlackRock filed a Form 8-A with the SEC on June 11, 2026 to register its iShares Bitcoin Premium Income ETF, ticker BITA, for Nasdaq listing, the clearest signal yet that the fund is days away…
Metaplanet to Launch Bitcoin Yield Products by Acquiring Siiibo Securities
The deal is for $13 million. The third-largest corporate holder of bitcoin has made another move to strengthen its cryptocurrency presence by agreeing to acquire Siiibo Securities, a licensed Type I securities company and a “pioneer of Japan’s online…
Metaplanet acquires Siiibo Securities in first major M&A transaction
Metaplanet has agreed to acquire Japanese securities firm Siiibo Securities for JPY 2.1 billion, adding a licensed brokerage platform that it plans to use for Bitcoin-linked investment products and yield-focused offerings. Summary Metaplanet will acquire Siiibo Securities for JPY 2.1…
XRP Sentiment Sinks to Lowest Since October 2025 as Santiment Flags Trader Fatigue
Key Takeaways XRP sentiment has hit an 8-month low, matching its October 2025 trough, per Santiment. XRP is currently trading near $1.13, down about 38% in 2026, with the $1 support level now within reach. Santiment notes XRP’s sharpest rebounds…
South Korea says tokenized stocks may be taxed under existing laws
South Korea’s tax authorities are preparing to treat tokenized stocks as securities rather than virtual assets, a move that could bring the rapidly growing sector into the country’s existing taxation framework once financial regulators finalize their legal interpretation. Summary South…