Cointelegraph.com
Source:
https://cointelegraph.com
Found 11109 news
-
Cointelegraph.com - 11:52 Jun 13, 2026
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 -
Cointelegraph.com - 03:24 Jun 13, 2026
Demand for ETH leverage remains low, but corporate accumulation and stakers’ dedication may prevent an Ether price crash to $1,500. Key takeaways: Ether (ETH) price failed to reclaim the $1,700 level over the past week, tracking a broader weakness across cryptocurrency markets. This correction contrasts sharply with the bullish momentum seen in the US stock market. Traders worry that Ether's appeal has faded due to sluggish on-chain activity and a distinct lack of demand for bullish leveraged positions. Read more -
Cointelegraph.com - 02:37 Jun 13, 2026
Anthropic has abruptly disabled its flagship AI models after a US government directive citing national security concerns. Anthropic said it suspended access to its Fable 5 and Mythos 5 AI models after receiving a US government export control directive citing national security concerns. In a statement posted Friday, Anthropic said it received the directive at 5:21 pm ET, instructing it to suspend all access to Fable 5 and Mythos 5 by any foreign national, whether inside or outside the United States, including foreign national Anthropic employees. Anthropic abruptly disabled the models for all users in order to ensure compliance. It said all other Anthropic models, such as Opus 4.8, are not affected. Read more -
Cointelegraph.com - 02:17 Jun 13, 2026
Elon Musk’s SpaceX completed its landmark IPO on the Nasdaq on Friday, but crypto users seeking tokenized exposure to the IPO were left empty-handed after allocations fell through. Crypto trading platforms Bybit, Binance, Bitget Wallet and MEXC canceled their tokenized SpaceX IPO campaigns as SpaceX went public on the Nasdaq on Friday. SpaceX’s IPO, which was reportedly more than four times oversubscribed, raised $75 billion as it became a publicly traded company. SpaceX shares opened for trading at $150 on Friday, up from its IPO price of $135. It closed the day at $161.11, valuing the company at over $2 trillion. However, major crypto platforms offering tokenized access to the IPO were unable to fulfill demand for SpaceX allocations, with several blaming Kraken-owned xStocks’ inability to deliver the underlying assets. Read more -
Cointelegraph.com - 00:51 Jun 13, 2026
New data from Galaxy Research suggests that Bitcoin's floor price may not drop as low as previous bear markets, but the bottom-finding process is still playing out. New research from Galaxy Digital suggests that Bitcoin's cycle low could form at higher price levels than previous bear markets due to the absence of speculation. The analysis places the potential bottom between $62,000 and the network's realized price at $53,600. Galaxy head of research Alex Thorn analyzed every Bitcoin cycle top and bottom and noted that the four-year cycle continues to track closely with BTC’s historical timing. The peak-to-trough declines have steadily narrowed across market cycles, falling from 85% and 84% in earlier periods to 77% in 2022 and 51% in 2026. Read more -
Cointelegraph.com - 23:42 Jun 12, 2026
A positive bid-ask readings and a bullish RSI divergence support Bitcoin's recovery, with $70,000 emerging as a key target. Bitcoin (BTC) is gaining buyers’ interest after setting a new yearly low at $59,000 last week. Order book data and liquidity suggest a rally is pending and more than $2 billion in short liquidity is concentrated near $65,000. BTC's bid-ask ratio has remained positive since last Friday. The shift in positioning and sentiment also aligns with a bullish chart pattern targeting the $67,000–$70,000 range. Bitcoin's recent rebound to $63,500 followed a bullish divergence between the price and the relative strength index (RSI) on the four-hour chart. The price printed a lower low during the early-June sell-off while the relative strength index (RSI) formed a higher low. The signal pointed to fading downside momentum before buyers stepped in. Read more -
Cointelegraph.com - 16:39 Jun 12, 2026
A federal appeals court upheld the former FTX chief’s conviction, while his bid for clemency from President Donald Trump appears to face steep political odds. Former FTX CEO Sam Bankman-Fried failed to overturn his fraud conviction and 25-year prison sentence tied to the collapse of FTX after a three-judge appeals panel rejected his bid for relief. The unanimous ruling by the 2nd US Circuit Court of Appeals in Manhattan, New York, found that the government’s case against Bankman-Fried was, in the court’s words, “conservatively stated, robust,” according to Reuters. Read more -
Cointelegraph.com - 16:17 Jun 12, 2026
Bitcoin hit $64,000 as SpaceX launched a record-breaking IPO and US-Iran peace deal hopes continued to grow, but doubts over BTC price support remained. Bitcoin (BTC) hit $64,000 after Friday’s Wall Street open while analysis warned of “unreliable” BTC price support. Key points: Read more -
Cointelegraph.com - 16:07 Jun 12, 2026
Tokenized RWAs surge despite crypto volatility, Kraken launches SpaceX IPO xStocks, prediction markets outpace onchain gambling and Sam Bankman-Fried seeks a Trump pardon. Crypto prices have spent much of the year reacting to macro headlines and regulatory uncertainty, but tokenization has remained one of the industry’s few consistent growth stories. Active real-world assets are surging, banks are embracing blockchain infrastructure and tokenized equities are expanding into new markets. That momentum was on full display this week as Kraken rolled out tokenized access to the highly anticipated SpaceX IPO, offering eligible users in more than 110 markets a chance to participate through xStocks. Elsewhere, prediction markets surpassed onchain gambling for the first time, and former FTX CEO Sam Bankman-Fried formally asked US President Donald Trump for a pardon. Read more -
Cointelegraph.com - 13:25 Jun 12, 2026
Polish President Karol Nawrocki vetoed a bill to implement MiCA for the third time, just weeks before the end of the EU crypto framework's transitional period. Polish President Karol Nawrocki vetoed a cryptocurrency regulatory bill for the third time, which sought to implement Europe's Markets in Crypto Assets Regulation (MiCA) in the country. Nawrocki said Thursday he supports regulating the cryptocurrency market but argued that the government incorporated only one of 16 key amendments proposed by his office. He said that the text was nearly identical to the previous two drafts he refused. The third veto of the bill delays Poland's alignment with the EU-wide regulatory framework just weeks before the end of MiCA's transitional period on July 1. Following the end of the grace period, crypto asset service providers will be required to hold a MiCA license or stop servicing EU clients. Read more -
Cointelegraph.com - 13:03 Jun 12, 2026
A Seychelles court said KuCoin can’t treat unwithdrawn tokens as “abandoned,” and awarded a Swiss investor over $2 million. He says the exchange still hasn’t paid and plans to sue again. A Swiss investor said KuCoin has yet to pay a Seychelles Supreme Court award of more than $2 million after the exchange declared his tokens “abandoned.” In a Dec. 11, 2025, ruling, the Supreme Court of Seychelles declared that Didier Rabl is the “sole proprietor and owner” of approximately 21 million CoinPoker (CHP) tokens previously held for him on KuCoin. The court also ordered three Seychelles-incorporated KuCoin entities to pay him over 2 million USDt (USDT) plus $10,000 in moral damages, according to documents reviewed by Cointelegraph. The ruling could have implications for how cryptocurrency exchanges handle delisted assets, with the court finding that KuCoin did not become the beneficial owner of Rabl's tokens and remained obligated to safeguard the assets and honor lawful withdrawal requests. Read more -
Cointelegraph.com - 12:05 Jun 12, 2026
Metaplanet will acquire Siiibo Securities and rename it Metaplanet Securities as it builds out Project Nova, its Bitcoin-centric finance strategy in Japan. Metaplanet announced on Friday that it has agreed to acquire Siiibo Securities in a 2.1 billion yen ($13.1 million) deal to form a securities arm. The Tokyo-listed Bitcoin (BTC) treasury company said it entered into a share transfer agreement to acquire 100% of the Japanese securities company, a licensed financial instruments business operator. After closing, expected in July, Siiibo Securities will become a wholly owned subsidiary and be renamed Metaplanet Securities. Metaplanet CEO Simon Gerovich said the acquisition is the first step in Project Nova, the company's strategy to build a Bitcoin-centric financial ecosystem in Japan. Read more -
Cointelegraph.com - 11:32 Jun 12, 2026
Crypto markets are becoming a new venue for pre-IPO price discovery ahead of SpaceX's highly anticipated debut today. Binance's SpaceX tokenized IPO campaign attracted over $557 million in USDC deposits from about 27,689 wallet addresses ahead of the company's highly anticipated public listing. Wallets contributing up to $20,000 accounted for more than 81% of participating addresses but only 18.39% of total funds, while 114 addresses contributed over $500,000 each, representing about 10.2% of the funds, according to Dune data. The deposits point to strong demand for crypto-based pre-IPO exposure ahead of SpaceX's Nasdaq debut on Friday, with the company seeking to raise $75 billion at $135 a share and an around $1.8 trillion valuation. Read more -
Cointelegraph.com - 10:46 Jun 12, 2026
Bitcoin miner metic sparked talk of "capitulation" as profit margins stayed under 5%, but the BTC price bear-market bottom remained absent. Bitcoin (BTC) miners are back under pressure as data hints that a new buying opportunity is now here. Key points: Read more -
Cointelegraph.com - 10:18 Jun 12, 2026
SpaceX’s IPO hype may fuel a strong debut, but history shows richly valued listings often struggle after the first-day pop fades. SpaceX’s IPO is already spilling into crypto markets, where one whale has opened a $22.3 million leveraged long on SPCX, a synthetic pre-IPO perpetual contract tied to Elon Musk’s aerospace company. Key takeaways: The whale's position, visible on data resource Hypurrscan, shows the trader holding a 2x isolated long on "xyz:SPCX" worth about $22.29 million. Read more -
Cointelegraph.com - 09:52 Jun 12, 2026
FIFA and the FBI warned of ticket scams as TRM Labs identified World Cup-themed crypto fraud operations tied to multiple wallet addresses. TRM Labs warned that crypto scammers are targeting FIFA World Cup fans through fake ticketing sites, fixed-match betting schemes and event-themed crypto promotions. The blockchain intelligence company said it identified several World Cup-related scam operations, including two fake-ticketing sites and one fixed-match betting pitch tied to four crypto addresses. “Criminals always look to exploit major events and cultural moments and they don’t wait until kickoff,” Ari Redbord, global head of policy at TRM Labs, told Cointelegraph. “Scammers build and position their infrastructure weeks in advance, then scale it the moment public attention peaks.” Read more -
Cointelegraph.com - 07:12 Jun 12, 2026
Eleven countries were involved in the joint operation that ended the AudiA6 crypto laundering ring and Dark2Web marketplace. An international law enforcement operation among 11 countries has shut down AudiA6, a money laundering ring that processed over 336 million euros ($390 million) in illicit funds between 2022 and 2025. On Wednesday, authorities arrested two administrators, Russian and Ukrainian nationals, in Georgia, seized 25 domains and more than 30 servers and 80 vehicles and froze roughly $900,000 in cryptocurrency, the European Union Agency for Criminal Justice Cooperation (Eurojust) said Thursday. The AudiA6 “mixer-as-a-service” was used by cybercriminals involved in ransomware attacks to cash out stolen crypto and conceal the movement of illicit funds from authorities by offering to “clean” crypto within about an hour for a 3% to 10% commission. Read more -
Cointelegraph.com - 07:00 Jun 12, 2026
The acquisition follows leadership changes and layoffs at Messari and adds one of crypto's largest data and analytics platforms to Blockworks' growing research business. Crypto data and media company Blockworks has acquired analytics firm Messari for more than $10 million, according to a Wall Street Journal report. Messari is a crypto research and analytics company backed by investors including Brevan Howard Digital and Point72 Ventures. The company raised $35 million in a Series B funding round in 2022 that valued it at around $300 million. Source: Messari Read more -
Cointelegraph.com - 07:00 Jun 12, 2026
The launch comes as tokenized equities surge in popularity, with crypto exchanges and wallets racing to offer onchain access to stocks and pre-IPO companies. Exodus has launched a marketplace for tokenized assets through a partnership with Ondo Finance, allowing eligible users to trade more than 200 tokenized stocks, ETFs and other real-world assets on Solana directly from the crypto wallet. The company said Exodus Markets is available in select markets and that users can access the service by updating to the latest version of the app. Tokenized assets do not represent ownership of the underlying securities and do not provide shareholder rights, according to the announcement. Cointelegraph contacted Exodus to determine which jurisdictions are eligible for Exodus Markets but had not received a response by the time of publication. Read more -
Cointelegraph.com - 06:44 Jun 12, 2026
Galaxy’s Alex Thorn says a plan to scrap rules on stock orders and quotes would remove a major barrier to tokenized stocks trading on decentralized platforms. The US Securities and Exchange Commission proposal to rescind rules around order protections and price quotes could remove a major legal barrier for tokenized US stocks. The SEC on Thursday proposed to scrap two rules in its national market system regulations. Rule 611 that bans “trade-throughs,” where a stock order on one exchange can’t be for a worse price than on another, and Rule 610(e) banning exchanges from displaying a bid at the same or higher price than what is available elsewhere. Galaxy head of research Alex Thorn said the proposal is “one of the biggest unlocks yet for tokenized stocks” as it would remove “one of the biggest structural barriers to tokenized US equities trading in DeFi.” Read more
11109 items