Fireblocks Says Institutional ETH Staking Is Moving Toward Standardized Rails

TL;DR Fireblocks says it has launched ETH Staking Link, a standardized interface for institutional Ethereum staking integrations. The company says more than 36 million ETH, roughly 30% of circulating supply, is now staked across Ethereum. Fireblocks says Ethereum staking on its platform has more than doubled over the last six months. The update also highlights …

Sky Governance Proposal Seeks To Double USDC PSM Buffer To $800 Million

TL;DR BA Labs has proposed doubling key LITE-PSM-USDC-A parameters in the Sky stablecoin system from 400 million to 800 million. The proposal says USDC reserves stand at 4.13 billion, up 108% since the last recalibration in October 2024. The change would raise daily refresh capacity to 1.6 billion and total serving capacity to 2.4 billion, …

Aave Proposal Moves To Add Circle Wrapped Bitcoin As Collateral

TL;DR Aave Labs has proposed onboarding Circle Wrapped Bitcoin, or cirBTC, to Aave V3 Core and Aave V4 Core on Ethereum. The proposal says cirBTC is an ERC-20 token backed 1:1 by Bitcoin custodied at a regulated Circle entity. The move is still at the ARFC stage, meaning it needs community feedback, a Snapshot vote …

Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand

TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stablecoin backed 1:1 by USDC locked in Circle’s xReserve on Ethereum. Canton is a permissioned, privacy-enabled Layer-1 network built for regulated financial institutions and tokenized real-world assets. The move adds another exchange connection to institutional …

Coinbase Council Warns 7 Million Bitcoin May Face Future Quantum Risk

TL;DR Coinbase’s Quantum Advisory Council says post-quantum migration planning should begin before quantum attacks become practical. The report estimates about 7 million BTC are quantum-vulnerable because public keys are exposed through legacy formats or address reuse. About 1.7 million BTC are said to sit in legacy Pay-to-Public-Key addresses, including early mined and potentially abandoned coins. …

Bitcoin rally to $70K builds as orderbook structure highlights traders’ confidence

A positive bid-ask readings and a bullish RSI divergence support Bitcoin’s recovery, with $70,000 emerging as a key target. Bitcoin (BTC) is gaining buyers’ interest after setting a new yearly low at $59,000 last week. Order book data and liquidity suggest a rally is pending and more than $2 billion in short liquidity is concentrated …

Bybit Spot Lists xStocks’ SpaceX on IPO Day

June 12th, 2026 – Dubai, United Arab Emirates class=”ql-align-justify”>Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched SPCXX, tokenized SpaceX under the xStocks framework on its Spot market, together with new prize pools. SPCXX is listed on Bybit Spot on June 12, 2026, at 16:20 UTC. Users can take part in a 200,000 USDT …

Mantle and xStocks Bring Tokenized SpaceX (SPCXx) to Fluxion & Merchant Moe as History’s Largest IPO Goes Live

June 12th, 2026 – Dubai, United Arab Emirates Mantle, the premier distribution layer connecting traditional finance and on-chain liquidity, today announced the listing of SPCXx, the tokenized SpaceX equity issued by xStocks, available for 24/7 on-chain trading and liquidity provision on Mantle from the day SpaceX completes the largest initial public offering in history. The …

Sam Bankman-Fried loses appeal to overturn 25-year prison sentence

A federal appeals court upheld the former FTX chief’s conviction, while his bid for clemency from President Donald Trump appears to face steep political odds. Former FTX CEO Sam Bankman-Fried failed to overturn his fraud conviction and 25-year prison sentence tied to the collapse of FTX after a three-judge appeals panel rejected his bid for …

Crypto Biz: SpaceX fuels tokenization’s next boom

Tokenized RWAs surge despite crypto volatility, Kraken launches SpaceX IPO xStocks, prediction markets outpace onchain gambling and Sam Bankman-Fried seeks a Trump pardon. Crypto prices have spent much of the year reacting to macro headlines and regulatory uncertainty, but tokenization has remained one of the industry’s few consistent growth stories. Active real-world assets are surging, …

Bitcoin surfs SpaceX IPO at $64K as trader warns key BTC price support may crumble

Bitcoin hit $64,000 as SpaceX launched a record-breaking IPO and US-Iran peace deal hopes continued to grow, but doubts over BTC price support remained. Bitcoin (BTC) hit $64,000 after Friday’s Wall Street open while analysis warned of “unreliable” BTC price support. Key points: Read more Go to Source

137,976 People Warned After Mortgage Lending Firm Breached – Personal and Financial Records at Risk

A California-based mortgage lender is urging its clients to take precautionary measures following a security incident involving the company. In a statement, Plaza Home Mortgage says that an unauthorized party managed to access an employee’s computer on or around February 17th, which allowed threat actors to get hold of the firm’s information systems. Plaza says …

SpaceX tokenized IPO campaign draws $557M on Binance ahead of debut

Crypto markets are becoming a new venue for pre-IPO price discovery ahead of SpaceX’s highly anticipated debut on June 12. Binance’s SpaceX tokenized IPO campaign attracted over $557 million in USDC deposits from about 27,689 wallet addresses ahead of the company’s highly anticipated public listing. Wallets contributing up to $20,000 accounted for more than 81% …

SpaceX IPO update: Whale opens $22.3M SPCX long as synthetic price hits 30% premium

SpaceX’s IPO hype may fuel a strong debut, but history shows richly valued listings often struggle after the first-day pop fades. SpaceX’s IPO is already spilling into crypto markets, where one whale has opened a $22.3 million leveraged long on SPCX, a synthetic pre-IPO perpetual contract tied to Elon Musk’s aerospace company. Key takeaways: The …

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