Crypto

Megabanks MUFG Bank, Mizuho Bank and SMBC have formed a council to develop frameworks for jointly issuing a stablecoin in fiscal year 2026.

SIREN has plummeted by over 35% in the past 24 hours. Many altcoins follow suit.

MUFG, SMBC and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins.

[PRESS RELEASE – Mahe, Seychelles, June 10th, 2026] Whale.io has launched native Prediction Markets for the 2026 World Cup, giving players direct access to match betting backed by a combined $90,000 prize pool – including a $40,000 USDT raffle and five weeks of $10,000 weekly sports tournaments. Whale.io is giving users the chance to turn […]

Bipartisan Senate talks over crypto ethics turned rocky this week after a Democratic source described an “about-face” by GOP members and the White House on a prior enforcement agreement. The disputed provision would have allowed state attorneys general to sue the Justice Department for failing to enforce certain crypto ethics requirements. As Punchbowl News and […] The post CLARITY Act momentum slows to a crawl as lawmakers clash over crypto ethics rules appeared first on CryptoSlate.

BTC USD and crypto brace for volatility as Trump Iran escalates right before the CPI print and SpaceX IPO launch. The post Crypto News, June 10: BTC USD at a Breaking Point as Trump “Proportionally” Strikes Iran, CPI Shock and SpaceX IPO Risks Mount appeared first on Cryptonews.

XRP holders are capitulating, according to data tracked by Glassnode. That suggests a bottom may be near.

Tech stocks and crypto are selling off in a “classic pre-mega-IPO liquidity squeeze,” say analysts. The initial public offering of Elon Musk’s SpaceX has reportedly seen an oversubscription rate running at almost ​four times the planned offering size, with some analysts suggesting it could be squeezing liquidity from the market. SpaceX’s IPO (SPCX) has attracted over $250 billion in investor demand, far exceeding the $75 billion it is seeking to raise in what would be the largest public offering ever, with the firm valued at $1.8 trillion, Reuters reported. Bankers and investors say it is the latest sign that demand is strong, ​as long-only funds have put in “sizable orders,” according to the sources.  Read more

The SPCX perpetual still trades above SpaceX’s $135 offer price, but it has fallen sharply from its May highs as traders mark down the first-day premium.

A security researcher used AI-assited auditing to uncover a major flaw in the Zcash protocol that could have allowed undetectable counterfeit ZEC inside the network's Orchard shielded pool.

Meanwhile, the spot DOGE ETFs continue to disappoint with lackluster performance.

South Korea's national police has been battling crypto-enabled crimes from DPRK-state level threats to scams targeting retail investors. Blockchain security firm Chainalysis is strengthening its collaboration with South Korea’s national police to crack down on crypto crimes, including those involving North Korea. Chainalysis said on Wednesday that it signed a memorandum of understanding with the Korean National Police Agency (KNPA), aimed at building investigative capability within South Korea’s law enforcement.  Chainalysis said one of the driving factors behind the agreement is to better combat North Korea-linked crypto attacks, with South Korea’s police “at the forefront” of tackling these threats. However, Chainalysis's country director Ryan Kwon said agreement aims to tackle all threats. Read more

The exchange joins Binance, Kraken, Bybit and Coinbase rolling out products tied to SpaceX's anticipated public debut. Blockchain.com has launched 24/7 perpetual trading for institutional clients through its OTC desk, offering around-the-clock exposure to stocks, equity indices, commodities, foreign exchange markets and pre-IPO companies. The rollout includes a SpaceX-linked perpetual contract, allowing eligible investors to take positions tied to the aerospace company's anticipated public listing. According to the company, the contract is already live through its OTC desk. Blockchain.com said the new service is intended for institutions seeking continuous market access outside traditional trading hours. The company said clients can use the platform to hedge or adjust positions across multiple asset classes, including on weekends when most traditional markets are closed. Read more

NEURA plans to integrate Tether's wallet and AI technologies into its robotics platform, enabling autonomous payments and on-device computing for machines. Tether is leading a funding round of as much as $1.4 billion for German tech company NEURA Robotics, deepening the stablecoin issuer's push into artificial intelligence and robotics. The round, which values NEURA at roughly $7 billion, is expected to include a mix of strategic and financial investors. Tether said it is leading the raise through its investment arm, which deploys capital from the company's profits and excess reserves across sectors including AI, energy and digital infrastructure. NEURA said it expects to integrate Tether's Wallet Development Kit into its robotic systems, enabling machines to receive payments and execute transactions within predefined parameters. The companies also plan to deploy Tether's QVAC AI runtime, which is designed to run models directly on devices rather than through cloud-based infrastructure. Read more

The Hyperliquid Policy Center and Paradigm say the Treasury’s money-laundering rules for the GENIUS Act are too onerous for stablecoin issuers. The lobbying arm of crypto futures exchange Hyperliquid and venture capital firm Paradigm has urged the US Treasury to revise a proposed anti-money laundering and sanctions rule for stablecoin issuers. The Hyperliquid Policy Center and Paradigm said in a letter on Tuesday that some secondary market obligations should be clarified or narrowed “to avoid unintended consequences for permissionless blockchain infrastructure and the DeFi ecosystem.” The pair said they endorse the Financial Crimes Enforcement Network’s (FinCEN) approach of putting compliance obligations on the “primary market,” such as issuers who have customer information, and taking a “limited approach” to the secondary market, where issuers only see wallets and transactions. Read more

Retail traders have written off Ethereum as it falls to bear market lows, but there could be a positive outcome. 

“The same insider trade that improves the accuracy of the price today can reduce the participation that makes the price informative tomorrow,” said Balbinder Singh Gill. Prediction market regulators should consider a measured approach to insider trading enforcement as opposed to an outright ban, according to research from an academic at the Stevens Institute of Technology. In a paper released on June 2, assistant professor of finance Balbinder Singh Gill developed a formal economic model to answer the question of how strictly insider trading in prediction markets should be policed. A paradox exists in that “the same insider trade that improves the accuracy of the price today can reduce the participation that makes the price informative tomorrow,” he said.  Read more

Core inflation rose less than feared in May, but markets have turned lower in afternoon trade.

XRP lost the $1.13 area on elevated volume, leaving traders focused on whether the latest selloff marks a final washout or the start of a deeper move toward $1.00.

The relief rally that lifted crypto off last week's lows is unwinding alongside tech stocks and gold, with traders bracing for a US inflation print and a Warsh Fed that may stay hawkish.