1,700 Binance UK Customers Sue the Exchange for £150M
In Binance UK news, almost 1,700 British investors filed a group claim at the London High Court on 30 June 2026, seeking at least £150M ($200M) from Binance and its founder Changpeng Zhao over the alleged sale of high-risk crypto…
Utorg Obtains MiCA License as July 1 Deadline Forces Much of the Industry Out of Europe
[PRESS RELEASE – Dubai, UAE, July 1st, 2026] Utorg, a crypto wallet and card platform built on institutional-grade infrastructure, today announced it has received full authorization under the EU’s Markets in Crypto-Assets (MiCA) regulation, effective July 1, 2026 – the…
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…
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…
US moves seized Alameda funds to Coinbase Prime
The US government has transferred nearly $984,000 in cryptocurrency linked to Alameda Research and FTX. The US transferred nearly $984K in seized FTX and Alameda-linked crypto. About $768K of the funds moved to Coinbase Prime, according to Arkham data. Arkham…
Coinbase, MassPay Link 180-Country Network to Enterprise USDC Payouts
Key Takeaways Coinbase and MassPay are linking USDC payouts to a 180-country enterprise network. Companies can fund in dollars, convert to USDC, and pay recipients globally. Marketplaces, creator platforms, and multinational firms may benefit from faster settlement options. Stablecoin Payouts…
Can Cardano (ADA) Rally by Double Digits After Falling to a 5.5-Year Low?
“If the next bull run comes, I wouldn’t be surprised to see Cardano make another crazy move,” one X user stated. Cardano’s native token has collapsed by almost 80% over the past year, while its founder, Charles Hoskinson, said…
US lawmakers propose new federal crypto crime task force
US lawmakers have introduced legislation to create a federal task force focused on cryptocurrency theft, fraud, and hacking investigations. Summary Bipartisan lawmakers introduced a bill creating a federal crypto crime task force. The proposed unit would include the DOJ, FBI,…
Millions Recovered in Crypto as $100M Fraud Scheme Falls Apart
Key Takeaways Authorities seized $7.1 million from cryptocurrency wallets connected to the fraud scheme. Nearly $100 million moved through 19 accounts on eight cryptocurrency exchanges and 81 bank accounts. Digital assets were purchased through Gemini, Bitstamp, and Coinbase before transfers…
Crypto News Today (June 11): BTC Shoots Back Above $62K, Kalshi Adds XRP Futures and Tom Lee Takes 3 Day ETH Buying Spree to $206M
In today’s crypto news (June 10), Bitcoin surged +2% overnight, beginning this morning’s European session at $62,600. This bullish move for BTC caught many traders off guard, with $70M of the $120M in Bitcoin liquidations over the past 24 hours…
Crypto Trading Volumes Plunge to 2-Year Lows as Market Fatigue Sets In
Low trading volume reflects a reluctance among market participants to make aggressive bets in either direction right now. New data from on-chain analytics firm Santiment shows that trading activity across crypto’s largest non-stablecoin assets has fallen to levels not…
CFTC Says Sports Contracts Involve Gaming but Proposes to Allow Almost All of Them
Key Takeaways The CFTC proposed a rule June 10 defining sports event contracts as gaming while permitting nearly all of them. Five categories would be banned: injuries, officiating, discrete actions, altercations, pre-college sports. Event contract listings grew from 220 in…
Ondo Finance taps ex-Invesco executive to expand tokenized portfolios
Ondo Finance has appointed former Invesco executive John Hoffman to lead product portfolio development as the company expands its tokenized asset strategy. Summary John Hoffman will lead Ondo’s tokenized portfolio development. Ondo plans investment baskets beyond Treasuries and equities. RWA.xyz…
Jim Cramer Just Called Bitcoin ‘Bad Money’ and History Says That’s Bullish
On June 10, 2026, CNBC host Jim Cramer posted on X: “Bitcoin and gold, bad money, being liquidated for SpaceX. Apple and Nvidia, good money, being liquidated.” Bitcoin was trading near $62,796 at the time, having just bounced off the…