Crypto

Feniix Energy, an energy firm based in Latin America, has completed a $75 million acquisition of a live oil and gas operation using blockchain tokenization, according to a statement shared with CryptoSlate on June 17. Global Settlement, a blockchain firm specializing in real-world assets (RWAs), executed the deal through its GSX Protocol. The protocol enabled […] The post LatAm energy giant executes landmark $75M oil and gas deal via blockchain tokenization appeared first on CryptoSlate.

Three JPMorgan executives met with the SEC’s Crypto Task Force to discuss which capital markets instruments could move onchain and how to best navigate the change. Executives with America’s biggest bank met with the Securities and Exchange Commission’s Crypto Task Force to discuss digital asset regulation and potential ramifications of capital markets moving onchain. The JPMorgan Chase executives discussed with the SEC the “potential impact of existing capital markets activity migrating to public blockchain” — including which areas of the existing model might change and how firms could assess the risks and benefits of those changes, according to an SEC note shared on Tuesday. The two groups also discussed JPMorgan’s existing “business footprint” in the crypto space, including its current digital platform that handles repurchase agreements — a type of short-term borrowing in financial markets that falls under its “Digital Financing” and “Digital Debt Services” offerings. Read more

Deutsche Bank, Memento Blockchain, and Interop Labs published a litepaper on June 17 outlining plans for Digital Asset Management Access 2 (DAMA 2), a tokenization platform intended to operate on public blockchains and facilitate the issuance of regulated funds. According to the paper, DAMA 2 would link three layers: Ethereum (ETH) would act as the […] The post DAMA 2: Deutsche Bank unveils institutional tokenization stack to fast-track regulated funds appeared first on CryptoSlate.

Russian prosecutors say they have shut down a 30,000 sqm crypto mining farm illegally operating in an industrial plant located on state-owned property. The post Russian Authorities Discover 30,000sqm Illegal Crypto Mining Farm in Industrial Plant appeared first on Cryptonews.

If the Dogecoin decline progresses any further, a chart gap zone with limited historical support could leave sell pressures unchecked. The post Dogecoin Price Prediction: DOGE Nears Make-or-Break Level – Breakdown Could Get Ugly  appeared first on Cryptonews.

Users seeking steamy romance from their AI companions are getting yoga guides instead. Here’s how to stop your chatbot from pivoting from passion to wellness.

VanEck’s planned Solana (SOL) exchange-traded fund has been listed with the Depository Trust & Clearing Corporation (DTCC) under the ticker symbol VSOL, signaling another step in mainstreaming Solana exposure for traditional investors. According to DTCC records, the fund is labeled “VANECK SOLANA TR COM SHS BEN INT” and falls under the ‘D’ settlement category, an […] The post VanEck’s Solana ETF moves closer to market entry with DTCC listing appeared first on CryptoSlate.

The company was valued at a razor-thin premium compared to its Bitcoin holdings, as of Tuesday.

Justin Sun's father, Weike Sun, was appointed Chairman of the Board, and Tron-affiliated executives were added to key board committees.

Bitcoin transaction fee rewards have dropped to their lowest level since 2022, making the already tough BTC mining industry even tougher.

The XRP price (XRP) has gone up by 0.2% in the past 24 hours but trading volumes have nearly tripled for the token after Canada approved the first exchange-traded fund (ETF) for this asset in North America.The Purpose XRP ETF (XRPP) received the green light from Canadian regulators this week to start offering access to […] The post XRP Price Prediction: Canada Approves First Spot XRP ETF – $1,000 XRP Coming? appeared first on Cryptonews.

A new Flashbots thesis has shown MEV Bots dominate blockchain capacity: 40 % of Solana blockspace and over half of rollup gas on Base and OP Mainnet. This spam has kept fees elevated, so Flashbots has proposed explicit MEV auctions and programmable privacy to restore efficient scaling. The post MEV Bots Now Clog Blockchains Faster Than They Can Scale, Flashbots Warns – Is Raw Throughput Obsolete? appeared first on Cryptonews.

xAI, Elon Musk's rising startup, is aiming to secure billions more in funding to fuel its AI ambitions, per a report.

The Senate approved the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in a 51-23 vote on June 17, sending the measure to the House for consideration. The vote followed a 68-30 cloture decision on June 11 that cut off debate and started the mandatory 30-hour countdown to the final roll call. Senator […] The post US Senate approves landmark GENIUS Act for stablecoin regulation appeared first on CryptoSlate.

The token will be available for use by select Coinbase institutional clients, before later becoming available to more traders, pending regulators’ approval. 

A Bitcoin price drop below $102,000 could be followed by a swift 25% rally to new all-time highs. Key takeaways: Bitcoin dropped $103,500 as traders cut risk ahead of tomorrow’s FOMC decision. Technical data points to a Bitcoin price bounce between $102,000 and $104,000. Read more

The bill passed without amendments to address Donald Trump’s connections to World Liberty Financial’s stablecoin, which many Democrats had been calling for. The Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, is one step closer to becoming law in the US after the US Senate voted to pass an amended version of the bill. In a Tuesday vote of 68-30, a majority of the US Senate chose to pass the GENIUS Act roughly six weeks after Tennessee Senator Bill Hagerty introduced the legislation. The bill’s companion, the STABLE Act, may be considered in the House of Representatives next, where it could face additional proposals for amendments. “With this bill, the United States is one step closer to becoming the global leader in crypto,” said Hagerty from the Senate floor before the Tuesday vote, adding: “Once the GENIUS Act is law, businesses of all sizes, and Americans across the country will be able to settle payments nearly instantaneously rather than waiting for days or sometimes even ...

The legislation to set rules for stablecoin issuers is the first major digital assets bill to ever clear the Senate and now moves on to the U.S. House.

Following a steep drop to $0.22, Genius Group shares climbed to $0.36, in a partial recovery after favorable legal developments.

Tuesday’s vote marks the crypto industry’s greatest legislative achievement yet. But hurdles remain before the stablecoin bill becomes law.