Cointelegraph.com
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Found 11109 news
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Cointelegraph.com - 04:32 Jun 12, 2026
LG is building a blockchain focused on buying and selling ads, joining a wave of companies launching their own blockchains in recent years. South Korean tech giant LG Electronics is working with the Ethereum layer-2 network Arbitrum to build a blockchain-based advertising network aimed at serving the digital ad industry. Arbitrum would give advertisers and publishers a shared database of ad inventory and track how customers interact with advertisements, with the company exploring how to bring the service to market this year, Fortune reported on Thursday. “We are evaluating whether this approach can deliver meaningful value to advertisers, publishers and audiences,” said Samuel Byungsun Park, the head of LG Electronics’ blockchain research lab. Read more -
Cointelegraph.com - 04:19 Jun 12, 2026
Coinbase for Agents will allow users of the crypto exchange to manage their holdings without "constant manual oversight,” autonomously performing a range of tasks. Crypto exchange Coinbase has launched a tool that allows artificial intelligence agents to make payments and trade crypto on behalf of users, as crypto companies look to ride a wave of interest in AI. Coinbase said Thursday that it is launching Coinbase for Agents, which will allow AI models like ChatGPT and Claude to connect with a user’s exchange account and be prompted to make trades or execute strategies. AI agents can also make payments using Coinbase’s AI payments protocol x402, allowing the bots to pay for data services to gather information for carrying out trading strategies without human intervention. Read more -
Cointelegraph.com - 04:16 Jun 12, 2026
Avalanche Treasury holds about 15 million of the blockchain’s native token, AVAX, which is trading at a five-year low. The Avalanche Treasury Company saw a rocky start as it debuted on Nasdaq under the ticker AVAT on Thursday, with shares dropping 16% by the end of the day. The new company gained access to the Nasdaq after merging with special-purpose acquisition company (SPAC) Mountain Lake Acquisition in a $675 million deal first announced in October. The company, with support from institutional backers including Dragonfly, Pantera, ParaFi Capital, VanEck, Galaxy Digital and Kraken, aims to give investors exposure to the Avalanche blockchain ecosystem without holding the cryptocurrency. Read more -
Cointelegraph.com - 22:58 Jun 11, 2026
With $1.9 billion exiting the spot Bitcoin ETFs and tech stocks under pressure, BTC is failing as a hedge and at risk of falling below the $60,000 support. Key takeaways: The Nasdaq 100 Index dropped 7.5% in the seven days leading up to June 10, wiping out $2.7 trillion in market value. The fallout represents more than twice the entire Bitcoin (BTC) market capitalization and has put traders on alert, especially as inflation data feels the heat from high oil prices. Traders now fear that Bitcoin support near $60,000 stands at risk. Read more -
Cointelegraph.com - 21:24 Jun 11, 2026
The US banking giant's blockchain marketplace will offer tokenized depositary receipts of private company shares amid Wall Street's broad embrace of tokenized assets. Citigroup is launching a blockchain-based marketplace for private company shares, looking to give wealthy and institutional investors a new way to gain exposure to pre-IPO firms as Wall Street pushes deeper into tokenized finance. According to The Wall Street Journal, the platform will use tokenized depositary receipts issued by Citi, which represent ownership interests in private companies. The offering will initially be initially available to foreign investors, with US access planned at a later date. The initiative allows investors to invest in private company shares “right next to their Apple stock, Citi digital asset executive Artem Korenyuk told the Journal. Read more -
Cointelegraph.com - 19:37 Jun 11, 2026
ETH traders increased their long positions as Ether price traded near 2026 lows. Will ETH’s rebound eclipse the BTC recovery? Ether (ETH) traders are increasing their leveraged long positions despite ETH price being down 44% in 2026. Ether's futures open interest at Binance has climbed to a record 3.7 million ETH, with the exchange accounting for more than 44% of total Ether futures. Crypto analyst Darkfost noted that Ether futures activity has improved despite rising uncertainty driven by geopolitical tensions and weakening economic conditions. The analyst noted that Binance now holds nearly 3.7 million ETH in open futures contracts, marking a new all-time high for Ether open interest on the exchange. Read more -
Cointelegraph.com - 18:29 Jun 11, 2026
XRP is forming head-and-shoulders and bear flag setups on its shorter-timeframe chart, both indicating a dip below $1 in the coming days. XRP (XRP) charts are painting multiple bearish patterns this month with a downside target under $1. Key takeaways: Since June 5, the XRP price has formed what appears to be a head-and-shoulders (H&S) pattern. Read more -
Cointelegraph.com - 17:57 Jun 11, 2026
Bernstein says the 2026 FIFA World Cup could inject billions into prediction markets, with Coinbase and Robinhood positioned to capture a wave of new users. The 2026 FIFA World Cup could mark a breakout moment for prediction markets, with Coinbase emerging as one of the biggest winners, according to a new research report from Bernstein. Published Thursday, the Bernstein analysts estimate the expanded tournament will generate more than $3 billion in incremental sports betting handle and $5 billion to $10 billion in additional consumer prediction market volume, as 104 matches transform what is typically the slowest period for online sports betting. FIFA expects the month-long tournament to attract roughly 6 billion viewers worldwide, up from an estimated 5 billion during the 2022 World Cup in Qatar. Matches are scheduled to start today. Read more -
Cointelegraph.com - 16:00 Jun 11, 2026
MassPay taps Coinbase to add USDC-powered cross-border payouts, betting stablecoin rails will cut costs and speed up settlement for businesses paying globally. Cross-border payout platform MassPay and Coinbase announced a partnership on Thursday to offer stablecoin cross-border payouts. The partnership connects MassPay's network in 180 countries with the US-based exchange's crypto infrastructure, allowing customers to move between fiat, USDC and other digital assets, the companies said in a joint statement shared with Cointelegraph. MassPay CEO Ran Grushkowsky told Cointelegraph that stablecoins are still a small slice of the company's transaction volume. Still, the company expects the new rails to support nine-figure payouts in the first year. Read more -
Cointelegraph.com - 15:01 Jun 11, 2026
Executives from Franklin Templeton and BNP Paribas say tokenized assets and stablecoins could improve capital efficiency across Europe as Wall Street expands tokenization efforts. Large financial institutions are turning to tokenization to improve capital efficiency and liquidity, according to representatives from Franklin Templeton and BNP Paribas. Speaking at a panel at the WAIB Summit 2026 in Monaco, industry executives discussed how tokenized assets and stablecoins could modernize Europe's capital markets by streamlining settlement, improving collateral mobility and creating new opportunities for cross-border financial activity. Tokenization offers institutions more “optionality and flexibility,” a development that is driving interest from banks and large corporations to launch their own offerings, said Rafael Mastroberardino, head of digital assets partnership development at investment manager Franklin Templeton. Read more -
Cointelegraph.com - 13:41 Jun 11, 2026
Bitcoin mostly preserved a recent rebound despite the highest US PPI inflation since October 2022 and Iran closing the Strait of Hormuz oil route. Bitcoin (BTC) returned to $63,000 on Thursday as crypto shook off news that Iran had closed a key global oil route. Key points: Read more -
Cointelegraph.com - 12:59 Jun 11, 2026
Digital Asset raised $355M in an a16z‑led round at a $2B valuation, extending a Wall Street‑backed funding run as banks ramp up pilots on its Canton Network blockchain. [Update June 11, 1:50 pm UTC. Adds commentary from Yuval Rooz, cofounder and chief executive of Digital Asset, in the fourth and fifth paragraph] Digital Asset Holdings has raised $355 million in a new round led by Andreessen Horowitz’s crypto arm, highlighting Wall Street’s accelerating push into permissioned blockchain infrastructure. A16z crypto contributed $100 million, alongside 7RIDGE, the Abu Dhabi Investment Authority, Citadel Securities and Optiver, in a deal that values Digital Asset at around $2 billion, according to a Thursday Bloomberg Law report citing people familiar with the matter. Read more -
Cointelegraph.com - 12:52 Jun 11, 2026
Hungary’s government said it will unwind crypto trading restrictions that required approved validation for conversions and exposed users and service providers to criminal liability. Hungary is set to decriminalize crypto trading, reversing restrictions that imposed potential jail terms for certain crypto-to-fiat and crypto-to-crypto transactions, according to Tisza government spokesperson Anita Köböl. Speaking at a Thursday press conference, Köböl said Hungary would unwind rules introduced last year that required approved validation for crypto conversions and attached criminal penalties to violations. She said the restrictions contributed to a decline in crypto trading activity in the country. “This was an unnecessary piece of legislation. It made practical operation impossible and frightened the market participants,” Köböl said, according to a translation by Cointelegraph. “The criminal consequences also negatively impacted several hundred thousand people.” Read more -
Cointelegraph.com - 12:17 Jun 11, 2026
Japan’s Lower House reportedly passed a bill that would bring crypto under the country’s financial instruments framework, potentially opening the door to ETFs and lower tax treatment. Japan’s Lower House reportedly passed a bill that would bring crypto assets under the country’s financial instruments framework, potentially opening a path to exchange-traded funds (ETFs) and lower tax treatment for digital assets. The bill would move crypto assets closer to the regulatory treatment of stocks and bonds by subjecting them to stricter trading rules, Bloomberg reported on Thursday. The legislation is expected to take effect next year after going through the Upper House. The proposed changes could lower the capital gains tax on crypto assets like Bitcoin (BTC) and Ether (ETH) from a current maximum of 55% to a 20% flat rate, in line with stocks and bonds. The tax change is expected to take effect in 2028. Read more -
Cointelegraph.com - 12:08 Jun 11, 2026
BEAT has reached its most overbought readings on record, raising the odds of a 35% price decline in the coming days. BEAT, the native token of AI music platform Audiera, has exploded higher over the past month, surging more than 1,500% to a record high of $9.20 even as Bitcoin (BTC) and Ether (ETH) fell roughly 25% and 30%, respectively, in the same period. BEAT/USD vs. BTC/USD and ETH/USD 1-month price performance. Source: TradingView Read more -
Cointelegraph.com - 12:01 Jun 11, 2026
The proliferation of new frontier AI models is the main catalyst behind the latest resurgence in DeFi hacks, according to Immunefi CEO Mitchell Amador. New artificial intelligence (AI) models have shifted the cybersecurity playing field in favor of attackers, causing a “vulnerability apocalypse” that led to the resurgence in decentralized finance (DeFi) hacks, according to Mitchell Amador, the CEO of bug bounty platform Immunefi. The proliferation of new AI models, such as Claude Opus 4.8 and ChatGPT 5.5, is the main reason that led to the resurgence in crypto hacks in 2026, Amador told Cointelegraph at the recent WAIB Summit in Monaco. Hacking activity across the industry surged in April 2026, with illicit actors stealing more than $634 million from cryptocurrency platforms, the highest monthly total since the Bybit hack helped drive losses to roughly $1.4 billion in February 2025, according to DefiLlama data. Read more -
Cointelegraph.com - 07:01 Jun 11, 2026
Bitwise’s Matt Hougan says it was “pretty hard to engage with advisers on Bitcoin” during recent discussions, who are more interested in stablecoins and tokenization. Advisers to some of the largest financial institutions are taking more of an interest in stablecoins and tokenization than in Bitcoin, which could help pull crypto out of its current slump, said Bitwise investment chief Matt Hougan. Hougan said in a note on Wednesday that he recently spoke with more than 40 advisers who were “still interested in crypto” but are “more interested today in stablecoins and tokenization than they are in Bitcoin.” “It was pretty hard to engage with advisors on Bitcoin this week,” he said. “In call after call, they expressed much more curiosity over the real-world applications of crypto that are quickly reshaping everything from capital markets to global payments.” Read more -
Cointelegraph.com - 07:00 Jun 11, 2026
“Pliny the Liberator,” says he has been “cleverly finding the holes in the fence that the thought police missed,” in the newly launched Fable 5. An artificial intelligence and cybersecurity researcher claims to have jailbroken Anthropic’s latest AI model, Claude Fable 5, within just 48 hours of it being launched. “Pliny the Liberator,” a well-known figure in the AI community, said on Wednesday he “liberated” Fable 5, launched on Tuesday as a safety-tuned version of the more powerful Mythos model that Anthropic said was too dangerous to release widely. He used various techniques, including a jailbroken version of Opus 4.8, to bypass the built-in safeguards that Anthropic installed on the model to prevent users from asking it for potentially harmful information, such as drug-making formulas or hacking instructions. Read more -
Cointelegraph.com - 07:00 Jun 11, 2026
The bipartisan bill envisions the Justice Department leading a task force to coordinate crypto theft investigations, support local law enforcement and improve blockchain forensics efforts. US lawmakers have introduced legislation that would create a Department of Justice-led task force to coordinate investigations into cryptocurrency theft, scams and other digital asset-related crimes across federal, state and local law enforcement agencies. Under the proposal, the Justice Department would serve as the primary federal coordinator for cryptocurrency theft investigations, bringing together agencies including the FBI, Homeland Security Investigations and Treasury Department's Financial Crimes Enforcement Network. The bill introduced by Republican Representative Lance Gooden and his Democratic House colleague Josh Gottheimer directs the task force to develop best practices for evidence collection, blockchain forensics, asset tracing and victim support. It would also provide training and technical assistance to st... -
Cointelegraph.com - 07:00 Jun 11, 2026
The companies are pairing MXNB and RLUSD on the XRP Ledger to support institutional payments between the United States and Mexico as stablecoin adoption grows across Latin America. Bitso is expanding its payments partnership with Ripple by bringing its Mexican peso-backed MXNB stablecoin onto the XRP Ledger, where it will be used alongside Ripple USD (RLUSD) to support enterprise cross-border settlement between the United States and Mexico. Mexico City-based Bitso said it will issue MXNB on the XRP Ledger where it will be integrated into Ripple's Payments on DEX infrastructure and paired with RLUSD stablecoin for dollar- and peso-denominated settlement of enterprise payments. Money transfers between the US and Mexico comprise the single largest remittance corridor in the world, according to the US Federal Reserve. American goods and services trade with Mexico totaled an estimated $935.1 billion in 2024, up 5.5% from 2023, according to the White House Office of the US Trade Representative. Read more
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