Movement Labs files for Chapter 11 bankruptcy months after token scandal and strategic overhaul
The filing comes after months of upheaval that included a controversial marketmaking agreement, an internal investigation into its MOVE token launch, a Binance…
Jack Mallers steps down as XXI Capital CEO as Tether's plans to merge three bitcoin firms falls
The proposed threeway merger between Twenty One Capital, Mallers' Strike, and Elektron Energy has been abandoned. Source：CoinDesk
Clarity odds jump to 43% on Polymarket after unverified reports Trump agreed to ethics deal
Bettors moved the crypto market structure bill to a 43% chance of passing this year, up from a record low last week, though the reports remain unconfirmed and…
Crypto markets rally on Clarity progress report, Asian chip-stock rebound
Speculation that President Donald Trump agreed to a crucial ethics provision for the crypto market structure bill underpinned the gains. Source：CoinDesk
Tom Lee's Bitmine slowed ether purchases as it bought back $86 million in stock.
The company added just 7,430 ETH, worth about $14 million, last week as it nears its goal to corner 5% of Ethereum's supply. Source：CoinDesk
Tether's USDT hits 2-year countdown threatening its position on U.S. crypto platforms
The GENIUS Act has hit its first anniversary without U.S. regulators yet meeting deadlines to write regulations, though rules will be in full effect by July…
Kraken says simpler options can unlock crypto's next derivatives market
The Wyomingbased firm launched USDsettled bitcoin and ether options, saying product design, not demand, has held back adoption. Source：CoinDesk
Inside Zcash's new node that targets Visa-scale privacy at 50,000 transactions per second
The new Zakura client is the first live piece of a plan to take Zcash from roughly one private transaction per second to paymentnetwork scale. Source：CoinDesk
Here is why a massive $1.6 billion in crypto liquidity is sitting idle and wasting away
About $542 million weekly sat outside active trading ranges, meaning this capital earned zero fees and provided no market depth. Source：CoinDesk
Massive bitcoin call spreads target $72,000 by month end, right when the Fed meets
Large traders are betting on a BTC price rise to $72,000 by the end of the month, latest options market flow suggests. Source：CoinDesk
Polymarket traders cut Clarity Act passage odds to record low as Senate delay drags on
Polymarket bettors have cut the odds of the CLARITY Act passing this year to a record low as Senate negotiations over ethics provisions remain unresolved.…
Airbnb CEO says X account was hacked, attacker posted AI-slop on tokenization
Brian Chesky regained control of his account and told any new crypto followers he would be a "disappointing follow". Source：CoinDesk