Cointelegraph.com
Source:
https://cointelegraph.com
Found 11876 news
-
Cointelegraph.com - 16:10 Jun 26, 2026
A group of 17 Democratic senators went after the CFTC’s funding for lawsuits over prediction markets, calling it an “assault” on state authorities. A group of 17 Democratic US senators is pressing leadership in a key committee to address the Commodity Futures Trading Commission (CFTC) using federal funds in lawsuits against state-level authorities cracking down on prediction markets. In a Wednesday letter to the chair and ranking member of the Senate Appropriations Subcommittee on Financial Services and General Government, Senator Richard Blumenthal, Senator Jeff Merkley and 15 other Democrats urged the committee leadership to block the CFTC from using federal funds in Chair Michael Selig’s legal fights against state gaming authorities. Selig has defended the agency’s position that the CFTC has “exclusive jurisdiction” over prediction markets by claiming that the event contracts on the platforms qualify as “swaps” under its purview. “Through engaging in this campaign of litigation and intimidation, the CFTC r... -
Cointelegraph.com - 15:55 Jun 26, 2026
Bitcoin risked turning $60,000 into resistance as BTC price weakness persisted following another tech-driven sell-off in Asian stock markets. Bitcoin (BTC) struggled to reclaim $60,000 on Friday amid continued global market volatility. Key points: Read more -
Cointelegraph.com - 13:58 Jun 26, 2026
Framework Ventures raises $400 million fourth fund as it expands into AI, robotics and energy while reportedly planning to continue crypto investments. Framework Ventures, a venture capital company that backs crypto platforms, has closed its fourth fund while expanding its investment strategy beyond blockchain. The San Francisco-based investor has raised $400 million to target “frontier technology,” including investments in crypto and technologies such as artificial intelligence, robotics and energy, Fortune reported on Friday. The report cited Framework co-founders Vance Spencer and Michael Anderson, who said about half of the capital has already been deployed but declined to identify the fund's limited partners. Read more -
Cointelegraph.com - 13:11 Jun 26, 2026
Singapore’s financial regulator added Hyperliquid to its Investor Alert List, as a reminder that the decentralized exchange was not licensed in the region. The Monetary Authority of Singapore (MAS), the city-state's central bank and financial regulator, has added decentralized perpetuals exchange Hyperliquid to its Investor Alert List. The entry, added on Friday, includes the Hyper Foundation website and the Hyperliquid trading app. The Investor Alert List is a consumer protection measure that identifies entities that may be wrongly perceived as licensed or regulated by MAS. Inclusion on the list does not constitute a ban or enforcement action. Read more -
Cointelegraph.com - 12:14 Jun 26, 2026
Australia’s financial regulator extended temporary enforcement relief for digital asset businesses until Sept. 30 as firms transition into the country’s licensing system. The Australian Securities and Investments Commission (ASIC) has given digital asset businesses another three months to apply for licenses required under its updated regulatory guidance. Australia's financial regulator said that the temporary protection from enforcement would remain in place until Sept. 30, pushed from the previous June 30 deadline. The extension applies to businesses seeking an Australian Financial Services (AFS) license, as well as companies that may require market or clearing and settlement authorizations. Read more -
Cointelegraph.com - 11:47 Jun 26, 2026
Multiple users reported delayed AscendEX withdrawals after ZachXBT flagged potential liquidity issues and urged the exchange to explain its reserves. Multiple users have reported issues withdrawing funds from cryptocurrency exchange AscendEX, which blockchain investigator ZachXBT said may be showing signs of liquidity issues. An X account using the name Lorenzo Navarro Rodriguez said in a Tuesday post that a 4,196 USDT withdrawal had remained stuck in an “initiating” state since June 10. The account also said repeated customer support inquiries had gone unanswered. At least five other users replied to the post over the following days, reporting similar withdrawal issues. Read more -
Cointelegraph.com - 09:36 Jun 26, 2026
US Bitcoin ETFs recorded $696.3 million in outflows as Bitcoin slipped below $60,000, lifting year-to-date losses to $4.6 billion. US-listed spot Bitcoin exchange-traded funds (ETFs) recorded their largest daily net outflows of June on Thursday as Bitcoin fell below $60,000. Spot Bitcoin ETFs shed $696.3 million, surpassing the previous monthly high of $519.2 million logged on June 2, according to SoSoValue data. The latest withdrawals pushed June’s total outflows to $3.61 billion, bringing year-to-date net outflows to $4.6 billion. Read more -
Cointelegraph.com - 08:20 Jun 26, 2026
Polymarket said it contained the compromise and removed the affected dependency after attackers injected a malicious script into its frontend. A third-party vendor compromise discovered Thursday allowed attackers to inject a malicious script into Polymarket's frontend, affecting multiple users. Blockchain analyst Specter said the malicious script appeared to facilitate a phishing attack that drained an estimated $2.94 million from at least 11 Polymarket user wallets. Polymarket said on X that the compromise has been contained and that the affected dependency has been removed. It added that users would be fully refunded. Read more -
Cointelegraph.com - 06:02 Jun 26, 2026
Ether prices are currently back at crucial long-term support levels last visited in October 2023 and April 2025. Tether stablecoin USDt has become the second-largest cryptocurrency by market capitalization as Ether fell to its lowest price of the year on Friday Ether’s market capitalization dropped below $185 billion following a 5.2% price crash over 24 hours, sending the asset tumbling to $1,510 on Coinbase, according to TradingView. This allowed USDt, with a $186 billion market capitalization, to surpass the cryptocurrency. “[The] stablecoin overtake really highlights how the market still favors stability over ETH’s volatility right now,” Andri Fauzan Adziima, research lead at Bitrue Research Institute, told Cointelegraph. Read more -
Cointelegraph.com - 05:10 Jun 26, 2026
Coinbase's blockchain Base says a consensus problem knocked its network offline for around two hours on Thursday before it returned online. Base, the blockchain backed by crypto exchange Coinbase, has returned online after the network suffered nearly a two-hour outage due to a consensus issue that halted block production. Base posted to X on Thursday after the outage that the network’s blocks “are being produced normally, and we have verified widespread recovery in the ecosystem.” Base’s status page said it was investigating “unhealthy” block production at 4:03 pm UTC on Thursday. At 5:21 pm UTC the team said it “isolated a consensus problem that caused an invalid block to be sequenced. This prevented new blocks from being created.” Read more -
Cointelegraph.com - 03:56 Jun 26, 2026
In May, Sharplink CEO Joseph Chalom named three catalysts that could push up the price of Ether, some of which have begun to materialize. Ether treasury company Sharplink has bought Ether for the first time in eight months as the token sank to its lowest price this year on Thursday. On-chain data from Arkham shows a wallet associated with Sharplink received 5,000 Ether (ETH), worth $7.85 million, from crypto prime brokerage FalconX on Thursday. The last time it received Ether from FalconX was on Oct. 26, when it bought $78.3 million worth of ETH. The purchase comes as Ether hit $1,537 on Thursday, its lowest price in 2026. The latest purchase could suggest a revival of the company’s active Ether accumulation strategy. Read more -
Cointelegraph.com - 03:48 Jun 26, 2026
USDe circulating supply has shrunk by 70% since the October bull market peak, when it topped $14 billion. Stablecoin infrastructure company StablecoinX has completed its merger with TLGY Acquisition Corp, a publicly traded special purpose acquisition company, allowing it to begin trading on Nasdaq on Friday. StablecoinX is the first public stablecoin infrastructure company focused on supporting the Ethena ecosystem through decentralized verifier nodes and software infrastructure, and will trade under the symbol “USDE,” according to a statement on Thursday. “We believe Ethena has emerged as one of the most important platforms powering the next generation of digital dollars,” said Edward Chen, CEO and Chairman of StablecoinX. Read more -
Cointelegraph.com - 00:41 Jun 26, 2026
BitGo co-founder and CEO Mike Belshe says the layoffs are “a one-time action” and the company doesn’t see the need for further staff reductions. Crypto infrastructure company BitGo Holdings laid off about 15% of its staff on Thursday as its CEO pledged to focus the company on areas including trading, stablecoins and artificial intelligence. “Today I'm sharing a hard decision: we are reducing our workforce by nearly 15%,” BitGo co-founder and CEO Mike Belshe posted to X on Thursday. “The ecosystem has evolved, and the way we build financial services has changed dramatically.” “We need to be sharper, more focused, and concentrate our people and energy on the areas that matter most: security, trading, stablecoins, settlement, and AI-powered infrastructure,” he added. Read more -
Cointelegraph.com - 00:41 Jun 26, 2026
BitGo co-founder and CEO Mike Belshe says the layoffs are “a one-time action” and the company doesn’t see the need for further staff reductions. Crypto infrastructure company BitGo Holdings laid off about 15% of its staff on Thursday as its CEO pledged to focus the company on areas including trading, stablecoins and artificial intelligence. “Today I'm sharing a hard decision: we are reducing our workforce by nearly 15%,” BitGo co-founder and CEO Mike Belshe posted to X on Thursday. “The ecosystem has evolved, and the way we build financial services has changed dramatically.” “We need to be sharper, more focused, and concentrate our people and energy on the areas that matter most: security, trading, stablecoins, settlement, and AI-powered infrastructure,” he added. Read more -
Cointelegraph.com - 23:09 Jun 25, 2026
The failure of Botanix suggests that Bitcoiners still prefer Ethereum DeFi to Bitcoin L2s. How can Bitcoin L2s change to win hodlers over? For the past two cycles, Bitcoin DeFi has lived more as a promise than a category. Programmable Bitcoin has remained a vision held by a certain breed of Bitcoin maxi who believes that the world’s largest cryptocurrency can become productive without losing its security or sound money qualities. Yet the closure of Bitcoin scaling platform Botanix earlier this month has called that vision into question. Read more -
Cointelegraph.com - 23:09 Jun 25, 2026
The failure of Botanix suggests that Bitcoiners still prefer Ethereum DeFi to Bitcoin L2s. How can Bitcoin L2s change to win hodlers over? For the past two cycles, Bitcoin DeFi has lived more as a promise than a category. Programmable Bitcoin has remained a vision held by a certain breed of Bitcoin maxi who believes that the world’s largest cryptocurrency can become productive without losing its security or sound money qualities. Yet the closure of Bitcoin scaling platform Botanix earlier this month has called that vision into question. Read more -
Cointelegraph.com - 21:02 Jun 25, 2026
Bitcoin’s trek into new 2026 lows continued as spot BTC ETF outflows, a bearish monthly options expiry and Strategy’s unrealized losses widened its gap with AI-connected stock returns. Key takeaways: Surging spot Bitcoin ETF outflows and a put-heavy options expiry point to fading institutional demand. Risk-reward shifts toward tech stocks, leaving crypto traders to seek catalysts beyond macroeconomic tailwinds. Read more -
Cointelegraph.com - 21:02 Jun 25, 2026
Bitcoin’s trek into new 2026 lows continued as spot BTC ETF outflows, a bearish monthly options expiry and Strategy’s unrealized losses widened its gap with AI-connected stock returns. Key takeaways: Bitcoin (BTC) traded down 9% in three days, hitting its lowest level since September 2024. The $58,000 retest triggered over $1 billion in liquidations across bullish BTC leveraged positions. Despite a modest recovery to $59,500, Bitcoin traders remain uneasy as the S&P 500 index and gold prices fully erased their intraday losses. Read more -
Cointelegraph.com - 20:10 Jun 25, 2026
Anchorage Digital’s latest analysis shows Bitcoin options traders remain defensive as near-term uncertainty persists, though markets are not pricing an extreme downside scenario for Strategy. Bitcoin options traders remain heavily positioned for downside protection, with both crypto-native and exchange-traded fund investors showing elevated demand for downside hedges, according to new research by Anchorage Digital's head of research, David Lawant. The report analyzed options activity across Deribit, BlackRock’s iShares Bitcoin Trust (IBIT) and Strategy (MSTR), saying the three markets together provide a broader view of crypto-native, institutional and retail investor sentiment than any single options market alone. Both Deribit and IBIT options markets showed elevated put skew, indicating traders are paying a premium for downside protection rather than positioning for further gains. The report found defensive positioning ranked in the 82nd percentile of IBIT’s history and the 84th percentile of Deribit’s five-... -
Cointelegraph.com - 20:10 Jun 25, 2026
Anchorage Digital’s latest analysis shows Bitcoin options traders remain defensive as near-term uncertainty persists, though markets are not pricing an extreme downside scenario for Strategy. Bitcoin options traders remain heavily positioned for downside protection, with both crypto-native and exchange-traded fund investors showing elevated demand for downside hedges, according to new research by Anchorage Digital's head of research, David Lawant. The report analyzed options activity across Deribit, BlackRock’s iShares Bitcoin Trust (IBIT) and Strategy (MSTR), saying the three markets together provide a broader view of crypto-native, institutional and retail investor sentiment than any single options market alone. Both Deribit and IBIT options markets showed elevated put skew, indicating traders are paying a premium for downside protection rather than positioning for further gains. The report found defensive positioning ranked in the 82nd percentile of IBIT’s history and the 84th percentile of Deribit’s five-...
11876 items