The U.S. Department of Justice says it has struck at the technical backbone supporting large-scale cryptocurrency money laundering operations. The DOJ has announced the seizure of a cloud computing account used by subsidiaries of Cambodia-based Huione Group. The agency says the account hosted backend infrastructure for services allegedly assisting in the transfer of proceeds from …
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US Bitcoin ETFs recorded $696.3 million in outflows as Bitcoin slipped below $60,000, lifting year-to-date losses to $4.6 billion. US-listed spot Bitcoin exchange-traded funds (ETFs) recorded their largest daily net outflows of June on Thursday as Bitcoin fell below $60,000. Spot Bitcoin ETFs shed $696.3 million, surpassing the previous monthly high of $519.2 million logged …
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Polymarket said it contained the compromise and removed the affected dependency after attackers injected a malicious script into its frontend. A third-party vendor compromise discovered Thursday allowed attackers to inject a malicious script into Polymarket’s frontend, affecting multiple users. Blockchain analyst Specter said the malicious script appeared to facilitate a phishing attack that drained an …
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Institutional Bitcoin demand is showing fresh signs of fatigue, with K33 Research reportedly flagging a record drawdown in global Bitcoin ETP holdings and rolling one-year flows turning negative for the first time since 2023. TL;DR K33 Research reportedly says global Bitcoin ETP holdings are down 8% from their peak. Rolling one-year flows have turned negative …
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The regulatory fight over prediction markets has moved into another federal courtroom, with the Commodity Futures Trading Commission suing Kentucky officials in a case that could shape how event contracts are treated across the United States. TL;DR The CFTC has reportedly sued Kentucky regulators over enforcement actions tied to Kalshi and Polymarket. The agency is …
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Decentralized finance is going through a reset after another stretch of shrinking liquidity. Aggregate DeFi total value locked has reportedly fallen sharply in 2026, pulling the sector back toward levels that reflect cooler yields, lower risk appetite, and a less forgiving market backdrop. TL;DR DeFi TVL has reportedly fallen around 39% in 2026, bottoming near …
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Coinbase may not be finished shopping after its Deribit acquisition. The exchange’s chief executive has signalled that the company remains open to further deals as it tries to deepen its reach in crypto derivatives and expand beyond its core US spot-trading base. TL;DR Coinbase has closed its $2.9 billion Deribit acquisition, strengthening its crypto derivatives …
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Kalshi is reportedly seeking fresh funding at a valuation of around $40 billion, a striking figure that shows how quickly prediction markets have moved from niche trading venues to one of the most closely watched corners of financial technology. TL;DR Kalshi is reportedly in talks to raise capital at a valuation of about $40 billion. …
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BitGo co-founder and CEO Mike Belshe says the layoffs are “a one-time action” and the company doesn’t see the need for further staff reductions. Crypto infrastructure company BitGo Holdings laid off about 15% of its staff on Thursday as its CEO pledged to focus the company on areas including trading, stablecoins and artificial intelligence-powered infrastructure. …
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The failure of Botanix suggests that Bitcoiners still prefer Ethereum DeFi to Bitcoin L2s. How can Bitcoin L2s change to win hodlers over? For the past two cycles, Bitcoin DeFi has lived more as a promise than a category. Programmable Bitcoin has remained a vision held by a certain breed of Bitcoin maxi who believes …
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BitGo co-founder and CEO Mike Belshe says the layoffs are “a one-time action” and the company doesn’t see the need for further staff reductions.
June 25th, 2026 – Palo Alto, United States Story rebrands as The DATA Foundation, launches DATA Network with flagship Kled AI integration, registering 1.5 billion user-contributed records on the platform The Foundation also introduces Trace, the first public audit layer for consent, licensing, and data provenance at scale Today, Story announces a strategic transition to …
Bitcoin’s trek into new 2026 lows continued as spot BTC ETF outflows, a bearish monthly options expiry and Strategy’s unrealized losses widened its gap with AI-connected stock returns. Key takeaways: Surging spot Bitcoin ETF outflows and a put-heavy options expiry point to fading institutional demand. Risk-reward shifts toward tech stocks, leaving crypto traders to seek …
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Anchorage Digital’s latest analysis shows Bitcoin options traders remain defensive as near-term uncertainty persists, though markets are not pricing an extreme downside scenario for Strategy. Bitcoin options traders remain heavily positioned for downside protection, with both crypto-native and exchange-traded fund investors showing elevated demand for downside hedges, according to new research by Anchorage Digital’s head …
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Bitcoin’s drop to $58,000 lines up with the power-law model’s cycle lows, even though futures market data points to deeper lows for BTC price. Bitcoin’s (BTC) drop to $58,000 has pushed the price into a zone that long-term power-law models have historically associated with cycle bottoms. The data does not confirm a bottom range, though …
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