Cryptocurrency
CFTC Staff No-Action Letter Opens Path For True Digital Commodity Perpetuals
TL;DRCFTC staff issued no-action guidance related to digital commodity perpetual futures.
The relief applies to CFTC-registered designated contract markets, not offshore unregulated exchanges.
The guidance could help domestic venues convert perpetual-style products into true perpetuals under conditions.CFTC Gives Domestic Venues A...
Cryptocurrency
Bitcoin Price Bull Setup ‘Finally Happening’ as Iran Deal Keeps BTC Above $64,000
Bitcoin (BTC) circled $64,000 into Sunday’s weekly close as a US-Iran peace deal appeared imminent.Key points:Bitcoin stays higher as US president Donald Trump pledges an Iran peace deal on Sunday.The Strait of Hormuz, a key global oil route, will...
Cryptocurrency
ZachXBT: Canada More Negligent On Crypto Fraud Than India or Nigeria
Key TakeawaysZachXBT said on June 13 that he is declining all requests from Canadian fraud victims, citing weak enforcement and seizures.He called Toronto a top 5 global cybercrime hub and Canada’s agencies possibly worse than India or Nigeria.Without faster...
Cryptocurrency
Here’s what Claude Fable 5 means for crypto and DeFi
However, the two largest incidents were not simple smart-contract exploits of the type AI could engineer.In one, a North Korea-linked group drained about $285 million from Drift Protocol after a six-month social-engineering campaign that won it admin access. For...
Cryptocurrency
Saylor Says Bitcoin Sales Are Necessary for Strategy’s Digital Credit Business
Michael Saylor, executive chairman of Strategy, defended the company's recent Bitcoin sale, saying the ability to sell the asset is necessary to continue issuing "digital credit."Strategy disclosed its first reported Bitcoin sale since 2022 in a June 1 filing...
Cryptocurrency
LG Electronics Tests Onchain Advertising Network On Arbitrum
TL;DRLG Electronics is piloting an onchain advertising network on Arbitrum.
The project is designed to make ad performance more verifiable while addressing fraud and privacy concerns.
The Japan pilot with Hakuhodo is still under evaluation, so performance data has not yet...
Cryptocurrency
What happens to Satoshi’s BTC when Bitcoin’s quantum problem is fixed?
Many are assumed to belong to Bitcoin's pseudonymous creator Satoshi Nakamoto and other owners who lost their keys, which means they can never be moved to safety. Another 5 million or so are exposed through address reuse, according to...
Cryptocurrency
Major crypto exchanges cancel SpaceX IPO allocations
Crypto trading platforms Bybit, Binance, Bitget Wallet and MEXC canceled their tokenized SpaceX IPO campaigns as SpaceX went public on the Nasdaq on Friday. SpaceX’s IPO, which was reportedly more than four times oversubscribed, raised $75 billion as it became...
Cryptocurrency
Bitcoin’s ‘Higher Floor’ Thesis Puts $40K Bottom in Play: Galaxy Research
New research from Galaxy Digital suggests that Bitcoin's cycle low could form at higher price levels than previous bear markets due to the absence of speculation. The analysis places the potential bottom between $62,000 and the network's realized price...
Cryptocurrency
Coinbase Teases Next Phase of ‘Everything Exchange’ for Crypto, Stocks, Perps
Key TakeawaysCoinbase teased the next phase of a broader platform combining crypto, equities, futures, cash, and prediction markets.Instant settlement and round-the-clock trading are central to Coinbase’s pitch for modern financial infrastructure.Upcoming updates are expected on June 16, when Coinbase...
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Hossana residents forced to kill their own dogs after Ethiopia rabies deaths
Residents of an Ethiopian town have been forced to kill hundreds of their own dogs after three children died...