Crypto

Crypto crime isn’t all FTX and fraud. Jennie Levin helps unpack the deeper, more technical threats facing blockchain today, including why regulators are still catching up. From headlines about multimillion-dollar losses to courtroom dramas involving disgraced crypto executives, the public perception of blockchain can often seem like a reel of never-ending scandals. In the latest episode of The Clear Crypto Podcast, hosts Nathan Jeffay and Gareth Jenkinson cut through the noise with guest Jennie Levin, chief legal and operations officer at the Algorand Foundation, to explore what’s really going on and why it’s often less about crypto and more about human misconduct. While mainstream coverage often fixates on collapsed exchanges like FTX, Levin points out that the underlying misconduct usually isn’t unique to crypto; it just features new, sometimes confusing names. Read more

Kraken has launched a Bitcoin staking service in partnership with Babylon, allowing users to earn BABY tokens. Crypto exchange Kraken has launched a new Bitcoin staking product through a protocol integration with Babylon Labs. In a Thursday announcement, Kraken said it has partnered with the Bitcoin (BTC) staking protocol Babylon. The integration allows the exchange’s users to earn interest on their Bitcoin holdings without the need for bridging, wrapping or lending. Kraken customers can use the service starting today by staking their Bitcoin without interacting with off-exchange wallets. The Bitcoin is locked in a vault on the Bitcoin blockchain and delegated to secure proof-of-stake (PoS) networks through the Babylon protocol. Read more

Decentralized exchanges processed over $513.5 billion in trading volume over the past 30 days. Daily turnover averaged $15.93 billion, keeping pace with the seven-day total of $107 billion and indicating a sustained rise rather than a short-term spike. If sustained, the current monthly rate would annualize to over $6 trillion in trading volume, more than […] The post PancakeSwap extends lead as monthly DEX volume tops $500B appeared first on CryptoSlate.

Is HYPE headed to $20?

A leak of 16 billion passwords from services including Apple, Google and Facebook poses serious risks for crypto holders. A massive trove of more than 16 billion login credentials from leading online service providers, including Apple, Google and Facebook, was leaked, with potential consequences for crypto holders. According to a Friday report, the Cybernews research team reviewed “30 exposed data sets containing from tens of millions to over 3.5 billion records each.” All together, that came around to “a humongous 16 billion exposed login credentials.” “None of the exposed data sets were reported previously, bar one […] a ‘mysterious database’ with 184 million records,” the report reads. Most of the databases contained an average of 550 million entries, while the smallest held over 16 million. Read more

Is DOGE gearing up for a rally to $0.35 or a drop below $0.10?

The amount of Ethereum (ETH) held in strategic reserves is nearing a critical benchmark, with nearly 1% of the crypto’s total circulating supply now held by major organizations and institutions. Data from the Strategic ETH Reserve shows that approximately 1,167,712 ETH, valued at nearly $2.96 billion, is currently designated as a strategic holding. This figure […] The post Ethereum’s strategic reserves hit nearly 1% of supply as top holders dominate appeared first on CryptoSlate.

Polygon (POL) joined Uniswap (UNI) as a top performer, rising 2.8% from Wednesday.

Forgotten Playland, an Avalanche-powered game on the Beam L1, has integrated in-game item NFTs along with other new features.

Kraken users will now be able to stake their bitcoin directly, locking it in a custodial vault on the native chain.

Project Eleven is also offering 1 BTC to the first team to break an elliptic curve cryptographic key using a quantum computer.

The company, which has been aggregating Solana’s SOL, wants to enter the U.S. market.

Hypersphere investment partner Mehdi Farooq said he lost six wallets and years of savings after falling victim to a fake Zoom call phishing attack. Mehdi Farooq, an investment partner at crypto venture capital firm Hypersphere, revealed on Thursday that he lost a significant portion of his life savings in a targeted phishing attack orchestrated through a fake Zoom call. In a post on X, Farooq explained that the attack began with a message on Telegram from Alex Lin, someone he knew. “He wanted to catch up,” Farooq recounted. The two had previously interacted, making the outreach seem routine. Farooq then shared his Calendly link with Lin, who scheduled a meeting for the next day. Read more

South Korea’s top financial regulator is working on a detailed roadmap to support the launch of digital asset spot exchange-traded funds. According to a June 19 report by Herald Economy, the Financial Services Commission revealed the move during a policy update to the State Affairs Planning Committee. The FSC plans to roll out its proposal […] The post South Korea moves closer to spot Bitcoin ETFs as FSC explores proposal appeared first on CryptoSlate.

Remember MapleStory? Well, this is what it looks like in 2025, and it's taking over crypto.

Quantum computing-focused Project Eleven raised $6 million to develop tools like Yellowpages that aim to secure Bitcoin against quantum attacks. Project Eleven, a development firm focused on post-quantum cryptography, raised $6 million to help secure Bitcoin and other digital assets against future quantum computing threats. According to a Thursday announcement shared with Cointelegraph, the funding round was co-led by leading Web3 investor Variant Fund and quantum tech investor Quantonation, among others. It marks Quantonation’s first investment in the crypto space. Project Eleven CEO Alex Pruden said the funding will allow the company to build “the tools, standards and ecosystem required to ensure digital assets remain secure in a post-quantum world.” Read more

The $600 million treasury announcement came on the same day Nasdaq-listed ophthalmic technologies firm Eyenovia shared plans for a Hyperliquid token treasury. Update June 19, 1:58 pm UTC: This article has been updated to include comments from Bitget Wallet’s CMO. Nasdaq-listed Lion Group Holding (LGHL) is establishing a $600 million cryptocurrency treasury reserve, with the Hyperliquid (HYPE) token as its main asset, signaling a growing institutional interest in altcoins beyond Bitcoin. The Singapore-based trading platform said it secured a $600 million facility from ATW Partners to fund the launch of its Hyperliquid (HYPE) token treasury and other blockchain initiatives. According to the company, $10.6 million of the capital will be deployed by Friday. Read more

OKX partners with Consensys to integrate its DEX aggregator into MetaMask, giving users access to more than 500 DEXs and new MEV protection via SERVO. OKX has partnered with Ethereum software firm Consensys to launch its decentralized exchange (DEX) aggregator on MetaMask, offering users faster trade execution and reduced slippage. The collaboration integrates OKX’s DEX API with MetaMask, giving the wallet’s user base access to liquidity from over 500 DEXs across 25 blockchains, the exchange said in a news release shared with Cointelegraph. “MetaMask’s ambitious multichain strategy toward becoming a universal wallet for the Web3 ecosystem aligns with the connected blockchain ecosystem we’re helping to build,” said Jeff Ren, founder of OKX Ventures. Read more

Iranian crypto exchange Nobitex has confirmed that it lost nearly $100 million in a cyberattack by a politically motivated hacking group. The breach, which occurred on July 18, has shaken the local crypto community and triggered a government-imposed curfew on crypto trading platforms nationwide. The attack was claimed by an Israel-linked group calling itself Gonjeshke […] The post Iran-based Nobitex vows user protection despite $100 million attack by Israel-linked hacktivists appeared first on CryptoSlate.

There’s a familiar discomfort creeping in again, something I felt in the early 2010s as I watched social media’s promises of connection and community unravel into mass manipulation. Facebook and propaganda bots were the first dominoes. Cambridge Analytica, Brexit, global elections, it all felt like a betrayal of the internet’s original dream. Now, in the […] The post Open source AI might kill us. Closed AI could enslave us. Choose your apocalypse. appeared first on CryptoSlate.