The Move-based blockchain network said it gained access to licensed payment infrastructure as it shifts toward stablecoin settlement and remittances. Movement, the Move-based blockchain network that has expanded into stablecoin payments and financial infrastructure, said it has gained access to licensed payment rails across the US, Canada and the EU, a move aimed at strengthening...Continue Reading

The CFTC chair seeks to roll back an enforcement action on the company founded by Cameron and Tyler Winklevoss, donors to Donald Trump’s 2024 campaign and attendees at White House events. US Commodity Futures Trading Commission (CFTC) Chair Michael Selig is claiming that the agency under former President Joe Biden “politically targeted” the co-founders of...Continue Reading

Bitcoin price bets saw $50,000 returning after 6% daily BTC price losses liquidated $1.25 billion of crypto positions. Bitcoin (BTC) losses passed 6% after Wednesday’s Wall Street open as a cascade of liquidations gathered pace. Key points: Read moreContinue Reading

Privacy protocol Zama says it will accelerate compliance measures after a court lifted a $12.5 million USDC freeze tied to an unrelated legal dispute. Privacy-focused blockchain protocol Zama said it will accelerate compliance measures and proceed with its confidential USDC launch after a US court lifted a temporary freeze on about $12.5 million in USDC...Continue Reading

Georgia will reportedly install electricity meters across Mestia to curb illegal crypto mining after officials blamed miners for grid strain and outages. Georgia will reportedly install electricity meters across villages and settlements in Mestia as part of a crackdown on illegal crypto mining that officials say is straining the region’s power grid. Vice Prime Minister...Continue Reading

HIVE reduced its Bitcoin holdings to 150 BTC while annual revenue climbed to $297.8 million, driven by growth in mining and AI computing. Canadian Bitcoin miner HIVE Digital Technologies’ Bitcoin holdings fell by 331 BTC in the latest quarter, even as the miner reported a sharp rise in annual revenue from Bitcoin mining and high-performance...Continue Reading

NEAR has rebounded from a key historical support zone, reviving a bullish fractal that preceded 2,375% and 900% rallies in previous cycles. NEAR, the native token of the AI- and privacy-focused Near Protocol, has been an outlier in the broader crypto market, outperforming top coins such as Bitcoin (BTC) and Ether (ETH) in recent weeks....Continue Reading

Kaiko acquired Amberdata to expand its institutional crypto data platform with derivatives analytics, onchain tools and AI-powered research. Paris-based crypto data platform Kaiko acquired Amberdata, a US-focused digital asset data provider, as institutional investors demand broader market, derivatives and onchain analytics for digital assets. Kaiko said the deal will expand its institutional data stack and...Continue Reading

XRP trades below key macro support, but analysts say reclaiming it could trigger one of the biggest bear traps. XRP (XRP) dropped to $1.25 on Tuesday after a market-wide sell-off, erasing all the gains made since early February.  Key takeaways: Data from TradingView shows that the XRP price opened June at $0.33, just below the...Continue Reading

MoneyGram launched MGUSD, a dollar stablecoin on Stellar, as the remittance company deepens its push into blockchain-based global payments. MoneyGram launched MGUSD, a US dollar stablecoin on Stellar, as the remittance company deepens its push into blockchain-based cross-border payments. The company said Tuesday that MGUSD will be integrated into the MoneyGram app through a self-custodial...Continue Reading