Crypto

Google alleges a Chinese network weaponized its Gemini AI to create phishing sites that stole millions of credit card numbers and targeted crypto investors.

In an interview with CoinDesk, Etherealize cofounder Vivek Raman said Ethereum is currently in a transitional phase where the infrastructure has largely been built, but the scale of adoption has yet to be fully reflected in ETH itself.

Tokenization is laying the groundwork for autonomous investing and real-time portfolio management, Ondo's new head of portfolio products John Hoffman said.

Zcash founder Zooko Wilcox said Anthropic's Mythos AI model found no further "serious bugs" in the privacy protocol following the patching of a previously discovered forgery bug. Zcash founder Zooko Wilcox said a security audit by Anthropic's Claude Mythos artificial intelligence model found no serious vulnerabilities in the privacy-preserving cryptocurrency's protocol. Requested by Shielded Labs, a Swiss-based non-profit supporting the development of Zcash, the AI security audit did not find “any more serious bugs” in the Zcash protocol, according to a Saturday X post by Wilcox. On June 3, Zcash developers temporarily suspended Orchard transactions after discovering a vulnerability in the shielded pool. Functionality was restored later that day through an emergency upgrade. Read more

Bitcoin was designed as a hedge against inflation, but every hot inflation report in the past year has knocked its price lower, and Thursday's data was no different. The Producer Price Index rose 1.1% in May, lifting the annual increase to 6.5%, the fastest pace since November 2022 and well above the 0.7% monthly gain […] The post Wholesale inflation is back in focus. Here’s what PPI means for your money and Bitcoin appeared first on CryptoSlate.

Saylor reasserted recently that he never said his company won't sell any BTC if necessary.

John Palmer, head of derivatives at Kraken, said he expects sophisticated traders to lead adoption of newly approved U.S. perpetual futures, with broader institutional participation likely to follow over time.

Strategy's recent Bitcoin sale appeared to clash with Saylor's "never sell" mantra, but he says the move reflects how the company's digital credit business works. Michael Saylor, executive chairman of Strategy, defended the company's recent Bitcoin sale, saying the ability to sell the asset is necessary to continue issuing "digital credit." Strategy disclosed its first reported Bitcoin sale since 2022 in a June 1 filing with the US Securities and Exchange Commission, offloading 32 BTC in a move that appeared at odds with Saylor's long-running "never sell your Bitcoin" mantra. In an interview with Cointelegraph at the BTC Prague conference, Saylor said that Bitcoin treasury companies must retain the ability to sell holdings when necessary to support dividend-paying securities and other Bitcoin-backed credit products.  Read more

"Thanks to you, 25% of the Mag8 now holds bitcoin on the balance sheet," Saylor wrote on X, congratulating Musk on SpaceX's historic IPO debut.

A hobbyist network handed an autonomous agent a masterclass in why you don't give AI a credit card and a deadline.

As digital assets mature the industry should borrow more from traditional market infrastructure, especially credit, clearing and collateral systems, David Mercer argues.

The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history this weekend, a stark reflection of the severe margin compression forcing operators to take hardware offline. The automated recalibration, scheduled to occur on June 13 at block height 953,568, is projected to slash the […] The post Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse appeared first on CryptoSlate.

The SpaceX IPO is a "double-edged sword" for crypto, said one of the AIs.

Morpho’s recent $175 million raise reflects growing investor bets on onchain credit infrastructure as stablecoin adoption expands. Investors are increasingly backing stablecoin and credit infrastructure rather than decentralized finance (DeFi) lending alone, with Morpho Labs' latest funding round drawing attention to onchain credit markets, according to Spark CEO Sam MacPherson. Morpho announced Tuesday that it raised $175 million in a round led by Paradigm, a16z crypto and Ribbit Capital. While Morpho is widely known as a DeFi lending protocol, the company said that it aims to become a credit infrastructure layer for banks, asset managers and fintechs. Onchain credit markets allow users and institutions to borrow, lend and deploy capital using blockchain-based assets. Investors are betting the sector will grow alongside stablecoins and other tokenized financial products. Read more

The XRPL AI Starter Kit gives developers tools for agent payments, but early x402 activity has clustered on Base and Solana. Ripple’s bet is that XRPL’s speed, low fees and RLUSD can win a piece of that flow.

Garlinghouse Accuses Dimon of Protecting $20B Payments Empire The post Ripple CEO Accused Jamie Dimon of Lying About CLARITY Act And Called Out $20Bn Reason Why appeared first on Cryptonews.

DraftKings told investors on June 9 that its prediction markets business is scaling fast, and the market liked what it saw. The company's Form 8-K reported that May 2026 annualized consumer volume in its Predictions offering rose 24% month over month to $1.3 billion, while annualized total volume traded climbed 34% to $3.1 billion. Shares […] The post Legacy sportsbooks are chasing prediction markets that already trade billions each month appeared first on CryptoSlate.

The situation with the spot Ethereum ETFs is quite similar.

SEC Plans to Scrap Rule 611: What It Means for Tokenized Stocks The post SEC Plan to Scrap Rule 611 Could Be the Biggest Regulatory Unlock Yet for Crypto Tokenized US Stocks appeared first on Cryptonews.

Wall Street got to trade Bitcoin around the clock just in time to watch the market fall apart. CME Group launched 24/7 trading for its crypto futures and options on May 29, and over the first weekend, more than 7,200 contracts changed hands, worth roughly $50 million in notional value. Within days, Bitcoin had slid […] The post Are 24/7 CME Bitcoin futures a volatility cure — or a new leverage trap? appeared first on CryptoSlate.