Arkham Intelligence, the onchain analytics platform, has launched a system designed to identify the best-performing prediction markets traders, the firm said Monday.“The rating uses an Elo/MMR-style system that ranks traders based on prediction accuracy,” Arkham said in a post to X. “Every correct…
JPMorgan executives are not backing down on the belief that yield-bearing stablecoins should not be permitted in the U.S. via wide-ranging crypto market structure legislation under discussion in Congress.On Monday, Global co-Head of JP Morgan Payments Umar Farooq and CEO of Digital Assets and Block…
The Bank of New York Mellon (BNY) has expanded its partnership with Circle Internet Group (CRCL) to deliver full-lifecycle stablecoin capabilities to institutional clients. Circle's USDC, the second-largest stablecoin by market capitalization, will become the first supported asset on BNY’s Digital…
Strategy's MSTR and STRC securities rebounded on Monday after one of their worst weeks on record, as investors digested Executive Chairman Michael Saylor's new capital management framework and bitcoin (BTC) steadied near $60,000.Strategy's common shares (MSTR) climbed to around $89 during Monday's…
Binance founder Changpeng "CZ" Zhao said the exchange's MiCA license application in Greece was fully compliant and on the verge of approval before unspecified political forces intervened, leading to last week's withdrawal, he said during the inaugural episode of The Block's new daily show, The Star…
Bitmine Immersion Technologies (BMNR) added 27,084 ETH over the past week, bringing its total holdings to 5,700,040 coins and pushing the company to 94% of its target of owning 5% of Ethereum's circulating supply.As of June 28, Bitmine's 5.70 million (ETH) — priced at $1,569 per coin — represents 4…
DraftKings' launch of its DKeX exchange represents the latest stage of operational consolidation across prediction markets, with leading trading, crypto, and betting platforms increasingly bringing exchange infrastructure in-house, according to analysts at research and brokerage firm Bernstein.In a…
BlackRock and Ethena Labs announced Monday a deepened collaboration that is set to give institutional investors using Aladdin greater access to Ethena's products, including improved liquidity for BUIDL.The partnership seeks to deepen BlackRock's engagement with digital dollar infrastructure and exp…
Bitcoin treasury company Strategy paused its bitcoin acquisitions between June 22 and June 28, according to an 8-K filing with the Securities and Exchange Commission on Monday, instead opting to expand its USD reserve and announce a digital credit repurchase program.As part of the firm's new Digita…
Bitcoin (BTC) is trading around $60,000, pinned just above the key support level that analysts have been watching, as last week's $1.79 billion in U.S. spot BTC exchange-traded outflows added to a macro backdrop that continues to tilt against risk assets.Spot Ethereum (ETH) ETFs recorded $273 milli…
Ethereum co-founder Vitalik Buterin described cryptographic obfuscation as the “final boss of cryptography,” outlining indistinguishability obfuscation (iO) as a decades-long research target that remains far from practical deployment.In a blog post published Monday, Buterin explained that obfuscati…
India's USDT premium has climbed above 8.5%, more than double its typical range, after Enforcement Directorate raids on crypto remittance firms disrupted the stablecoin supply pipeline.Tether's (USDT) stablecoin was trading at 102.88 Indian rupees on local platforms over the weekend, against a USD…
Galaxy Research has cut its estimate of the odds that the Clarity Act will become law in 2026 to 50%, down from 60% earlier this month, citing timing and Senate calendar constraints.Alex Thorn, head of firmwide research at Galaxy, wrote in a Friday post that the team has reduced the odds of Clarity…
Loopring announced that it has shut down its decentralized exchange (DEX) services, with its relayer going offline immediately after the announcement on Sunday.Though widely recognized as the first zkRollup project on Ethereum, the project said in an X article that it never gained measurable tracti…
South Korean financial giant Kiwoom Securities is in the process of acquiring a stake in Bithumb, the country's second-largest cryptocurrency exchange, according to a local media report.ChosunBiz reported on Monday that Kiwoom and Bithumb are currently in discussions regarding a third-party allocat…
For years, crypto venture capital firms invested almost exclusively in crypto and blockchain startups. Now, some of the industry's biggest firms are starting to look beyond the sector.Earlier this week, Framework Ventures raised a $400 million fourth fund to invest in what it called "frontier techn…
The Bank for International Settlements argued that stablecoins still do not measure up as money in its Annual Economic Report 2026, released Sunday at its yearly general meeting in Basel, Switzerland.In a chapter titled "Anchoring trust in money: innovation beyond stablecoins," the report judges to…
Michael Saylor, Strategy's co-founder and executive chairman, posted the company's bitcoin acquisition tracker chart to X on Sunday morning with the caption "We're gonna need more charts." It is his customary signal that the largest corporate bitcoin holder may disclose a fresh purchase in the week…
EMURGO, a co-founding entity of the Cardano blockchain, said on Saturday it had found a way to return assets to users of its SecondFi wallet, days after an exploit drained about $2.4 million worth of ADA.In a statement posted to X, EMURGO CEO Phillip Pon said the company had completed its forensic…
The average investor in BlackRock's iShares Bitcoin Trust (IBIT) is now sitting on a loss of about 40%, according to Bespoke Investment Group, a sign of how hard this year's selloff has hit the mainstream buyers who came to bitcoin through the largest U.S. spot crypto ETF by assets under management…