Bitcoin drops to $58K on high US PCE inflation as trader sees 'manipulation'
Bitcoin fell to 21month lows as stock market volatility accompanied threeyear highs in US PCE inflation, leading to $600 million in hourly crypto liquidations.…
Why Wall Street values some crypto firms for AI power, not just crypto
Galaxy Digital’s stock surge points to a new trend: Investors are rewarding some crypto firms for AI infrastructure, not just digital asset exposure.…
Story Protocol rebrands to DATA Foundation in AI pivot
Story Protocol is now the DATA Foundation as it aims to provide licensable data to AI firms that have “run out of internet to scrape.” Source：Cointelegraph
SBI to acquire Bitbank in $289M deal creating Japan's biggest crypto exchange
The Japanese financial conglomerate plans to take full control of Bitbank as it expands an ecosystem spanning crypto trading, stablecoins, tokenization and…
60% of World Cup bettors on Polymarket were first-time crypto users
Polymarket emerged as an onboarding layer for about 60% of World Cup bettors, who interacted with the blockchain for the first time during their prediction…
Binance faces EU service limits next week as MiCA rules take effect
Binance will limit EU onboarding and services from July 1 under MiCA rules after failing to gain authorization from a member state, while withdrawals remain…
Circle, Nomura eye Japan corporate FX with stablecoin settlement: Report
Circle and Nomura are reportedly partnering to enable stablecoinbased foreign exchange settlement for Japanese companies as the country's regulated…
Iran-linked entities moved $3.8B through CoinEx, TRM says
TRM Labs traced $3.8 billion moved by 60 sanctioned Iranian entities through CoinEx and said that the exchange’s 8% share of illicit transactions was…
Indonesia sets certification rules for influencers recommending crypto
Indonesia’s financial regulator will require influencers recommending crypto and other digital assets to hold relevant certifications as regulators worldwide…
Polish crypto exchange Kanga secures MiCA license in Latvia
Polandfounded crypto exchange Kanga has secured a Class 3 MiCA license in Latvia, enabling EUwide crypto services as Polish lawmakers debate framework's…
House Democrats seek SEC answers on AI investment advisers
House Democrats have questioned the SEC over trading platforms offering AI agent advisers making “consequential investment decisions on behalf of retail…
Abracadabra takes emergency action as MIM stablecoin depeg worsens
The protocol is raising interest rates across all Cauldrons to encourage debt repayment and reduce supply. Source：Cointelegraph