Cetus may recover $162 million in stolen funds if the Sui community approves a governance vote, with a full user fund recovery plan already in motion. Sui-based decentralized exchange Cetus may be one step closer to recovering funds lost in a recent exploit, pending the outcome of a community governance vote scheduled to end June...Continue Reading

Donald Trump’s pick to lead the CFTC, Brian Quintenz, has investments in crypto and market prediction firms, which he says he will divest if he is confirmed as chair. US President Donald Trump’s pick to chair the Commodity Futures Trading Commission has disclosed millions of dollars worth of assets, along with his various ties to...Continue Reading

White House AI and crypto czar David Sacks says Donald Trump’s crypto executive order allows the government to purchase more Bitcoin if it’s done in a budget-neutral way. White House AI and crypto czar David Sacks says the US could buy more Bitcoin if the government can fund the purchase in a “budget-neutral” way without...Continue Reading

US Representative Bryan Steil wants lawmakers to hold off adding non-relevant items into crypto bills, arguing that political scandals should stay out of legislative text. US Representative Bryan Steil wants lawmakers to stop adding “non-germane items” into two key crypto bills, claiming that doing so is slowing the implementation of a regulatory framework for the...Continue Reading

Japanese company Metaplanet is raising $50 million through zero-interest bonds to boost its Bitcoin holdings, with Evo Fund as the sole subscriber. Japanese investment company Metaplanet is raising $50 million through a private placement of zero-interest bonds as part of its strategy to increase its Bitcoin exposure.  In a May 28 announcement, the company said...Continue Reading

El Salvador’s Bitcoin Office bought more Bitcoin shortly after the IMF announced it had reviewed its loan deal with the country. The International Monetary Fund said it has reached an agreement with El Salvador to pay the country $120 million following an initial review of its $1.4 billion loan agreement struck last year. The IMF...Continue Reading

Australia’s markets regulator has started legal proceedings against the former director of Blockchain Global, Allan Guo, over his dealings with the collapsed ACX Exchange. Australia’s markets regulator has filed civil proceedings against Liang “Allan” Guo, the former director of Blockchain Global.  Guo will face the court on “allegations relating to multiple breaches of his directors’...Continue Reading

Speculation about altcoin season already ending was dismissed by a crypto trader who argues it hasn’t even properly kicked off yet. A crypto trader has pushed back against claims that altcoin season is already over, arguing that it hasn’t even started yet, as many tokens are still near their local price bottoms. “I don’t understand...Continue Reading

The third quarter of the year has historically been Bitcoin’s weakest-performing on average, and analysts are debating whether its current momentum will continue. Bitcoin’s recent all-time high of $111,970 has sparked optimism among crypto market participants, but whether that carries through into the third quarter of this year remains uncertain, analysts say. “The coming weeks...Continue Reading

ETH bulls find a reason to go long after SharpLink Gaming reveals plans to form a $425 million Ethereum treasury. Key takeaways: SharpLink Gaming establishes the first ETH treasury, backed by Ethereum co-founder Joe Lubin. SharpLink will invest $425 million to acquire 120,000 ETH. Ethereum futures open interest hits an all-time high of $36.1 billion,...Continue Reading