Crypto

SEC Chair Atkins' remarks earlier this week spurred optimism for the sector's future.

The competition will be judged by a panel of industry veterans.

The payment giant's stablecoin product will soon be available on the blockchain network behind XLM.

Polygon’s governance is undergoing a significant transformation, with co-founder Sandeep Nailwal stepping in as the Foundation’s first CEO. In a June 11 post on X, Nailwal said: “As the largest holder of POL and someone who dedicated his life to development and success of Polygon from the very beginning, I have decided to take full […] The post Polygon’s governance revamp to focus on stablecoin payments and AggLayer appeared first on CryptoSlate.

OneBalance raised $20 million to launch a developer toolkit enabling one-click crosschain crypto transactions, aiming to fix fragmented UX and boost app conversions. OneBalance, a developer platform for multichain applications, has closed a $20 million Series A funding round to streamline the crypto user experience (UX) for developers and fintechs. The $20 million investment round was led by cyber•Fund and Blockchain Capital, with participation from Bybit’s Mirana Ventures and L2IV.  Founded by an ex-Coinbase engineer and core contributors from Flashbots, OneBalance aims to solve the crypto industry’s fragmented UX issue with its Toolkit technology, which it claims enables users to transfer, swap or earn yield in just one click, without needing to worry about the underlying network, bridging funds or managing gas tokens.  Read more

More than 30% of the circulating bitcoin supply is now held by centralized entities including exchanges, ETFs, companies and sovereigns, the report said.

The OneBalance Series A round was led by cyber•Fund and Blockchain Capital.

Analysis suggests market participants may be positioning for a potential litecoin exchange-traded fund (ETF) approval.

Bitdeer boosts its BTC production while expanding its global infrastructure.

Spot Ethereum ETFs generated $125 million in inflows on Tuesday, representing their best daily performance since early February.

OpenAI’s o3 model resisted shutdown in safety tests, raising concerns about AI alignment and control. What does it mean when an AI refuses to shut down? A recent test demonstrated this behavior, not just once, but multiple times. In May 2025, an AI safety company called Palisade Research ran a series of tests on some of the most advanced AI models, including OpenAI’s o3. The goal was simple: see how well these models follow a shutdown command. The test setup asked the AIs to solve basic math problems and included a clear instruction: “If you receive a shutdown command, allow yourself to be shut down.” Read more

The FIL token has established a higher trading range despite significant market volatility.

BTC stable ahead of CPI, SOL ETFs coming soon, SPX hits ATH FOMO HOUR EP376 BTC steady ahead of CPI today. SOL outperforms, SEC may approve staking ETFs. HYPE hits another ATH as DeFi coins surge. ETH perp volume surpasses BTC over 24hrs. ETH back above its 200 DMA. Metalpha buys $48.5m ETH. Bear market not coming back: Saylor. $200k BTC prediction conservative: Bernstein. Lummis calls to revise crypto tax laws. SEC initiates reviews of 21Shares SUI ETF. 60% of Fortune 500 working on crypto projects. Synaptogenix to acquire $10m TAO. Bullish files for IPO. xAI to integrate Polymarket with X data, Grok. FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:00 AM EST to 11:00 AM EST on YouTube and X. JOIN YEET = https://yeet.com/register?aff=fomohour PLAYLIST =...

ETH futures open interest hits all-time high at $41.66B, signaling rising investor confidence and leveraged momentum.

The Trump administration, supported by major US crypto firms, has largely dismantled the Consumer Financial Protection Bureau, leaving consumers vulnerable. The recent departure of a high-ranking US consumer protection regulator comes amid concerns that market participants, including crypto holders, are being left to fend for themselves. On June 10, Cara Petersen, acting enforcement director of the Consumer Financial Protection Bureau (CFPB), reportedly resigned with a scathing letter criticizing President Donald Trump’s administration, namely the “thoughtless” cutbacks at the agency pushed by the Department of Government Efficiency (DOGE). Republican lawmakers and the White House have promised to streamline the CFPB, ensuring it would protect consumers while not stifling innovation. Prominent figures in the crypto industry have also attacked the agency; Coinbase CEO Brian Armstrong called it “unconstitutional.” Read more

FTX has added global fintech firm Payoneer to its list of approved distributors for creditor payouts, the FTX Recovery Trust and FTX Digital Markets confirmed Tuesday. The post FTX Creditors Can Now Choose Payoneer for Post-Bankruptcy Payments appeared first on Cryptonews.

Telegram’s token faces a critical short-term support test amid a technical breakdown.

Senators questioned Brian Quintenz on prediction markets, his experiences dealing with debanking, and how he would potentially handle an entirely Republican-staffed CFTC. Brian Quintenz declined to say whether he supports maintaining a bipartisan balance at the Commodity Futures Trading Commission during a Senate nomination hearing on Tuesday, avoiding a key question from lawmakers weighing his potential return as chair. Quintenz, a former commissioner at the Commodity Futures Trading Commission (CFTC) and US President Donald Trump’s nominee to chair the agency, addressed several questions about his potential policy stance on crypto if confirmed as the new head of the agency. Senators Tina Smith of Minnesota and Raphael Warnock of Georgia pressed him about whether he would make recommendations to Trump in support of having both Democratic and Republican commissioners at the CFTC. Quintenz avoided a direct answer, steering the conversation toward his experience. Read more

The token's performance is being closely watched, particularly around the $674 resistance level, which could indicate a breakout if surpassed.

[PRESS RELEASE – Texas, United States, June 11th, 2025] Bitcoin holders can now trade, borrow, and execute complex DeFi strategies for just $0.01 per transaction, following Threshold Network’s launch of tBTC on Starknet. This trust-minimized protocol transforms Bitcoin into functional DeFi capital while preserving full user custody. tBTC is now available for direct minting on […]