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Latest news on blockchain, cryptocurrencies and the crypto world in general.

Stablecoin Bill to Fortify Dollar Dominance, Treasury Chief Says

Reading Time: < 1 minuteTreasury Secretary Scott Bessent framed the GENIUS Act as critical to maintaining dollar supremacy during Senate testimony Wednesday.

June 12, 2025June 12, 2025 Chris Smith News

Senate Moves Forward on GENIUS Stablecoin Bill Amid Trump’s Crypto Push

Reading Time: < 1 minuteThe US Senate voted decisively (68-30) to advance the GENIUS Act, a major stablecoin regulation bill backed by Senate leadership and aligned with President Donald Trump’s pro-crypto agenda.

June 12, 2025June 12, 2025 Tony Pearce News

Crypto Funds Hit $167B AUM as Investors Seek Alternatives

Reading Time: < 1 minuteInstitutional and retail investors are increasingly allocating to crypto funds, with assets under management reaching a record $167 billion in May.

June 12, 2025June 12, 2025 Chris Smith News

Connecticut Bans Government Crypto Involvement in Sweeping New Law

Reading Time: < 1 minuteConnecticut has implemented a comprehensive prohibition on state and local government cryptocurrency activities through newly passed legislation.

June 11, 2025June 11, 2025 Tony Pearce News

Crypto Regulatory Clarity Moves Closer as House Committees Back CLARITY Act

Reading Time: < 1 minuteThe CLARITY Act, a landmark crypto market structure bill, has cleared major hurdles in Congress after winning approval from both the House Financial Services (32-19) and Agriculture (47-6) Committees.

June 11, 2025June 11, 2025 Chris Smith News

Corporate Stablecoin Adoption Soars as Fortune 500 Firms Take Notice

Reading Time: < 1 minuteA Coinbase survey reveals a dramatic shift in corporate attitudes toward stablecoins, with Fortune 500 interest tripling in just one year.

June 11, 2025June 11, 2025 Tony Pearce News

Societe Generale Launches First Major Bank-Issued Dollar Stablecoin

Reading Time: < 1 minuteFrance’s Societe Generale announced plans to introduce a dollar-pegged stablecoin, becoming the first major bank to enter the dollar-backed crypto market.

June 11, 2025June 11, 2025 Chris Smith News

BlackRock’s IBIT Hits $70B in Record Time

Reading Time: < 1 minuteBlackRock’s IBIT, the leading spot Bitcoin ETF, has made history by amassing $70 billion in assets in under a year—smashing gold’s long-standing record.

June 10, 2025June 10, 2025 Chris Smith News

UK Cracks Down on Hidden Crypto in Bankruptcy Cases with New Specialist

Reading Time: < 1 minuteAs crypto-related insolvencies skyrocket, the UK has taken action by hiring its first crypto recovery expert to track down missing digital assets.

June 10, 2025June 10, 2025 Tony Pearce News

SEC Proposes Regulatory Exception for Crypto Innovation

Reading Time: < 1 minuteIn a move to foster blockchain innovation, SEC Chair Paul Atkins announced plans for a conditional exemption program during Monday’s DeFi roundtable.

June 10, 2025June 10, 2025 Chris Smith News

Staked INJ ETF in the Works? Canary Capital’s Latest Move Signals Interest

Reading Time: < 1 minuteInjective (INJ) investors may soon have a new way to gain exposure, as Canary Capital has registered the “Canary Staked INJ ETF” trust in Delaware.

June 10, 2025June 10, 2025 Tony Pearce News

South Korea’s New Crypto Bill Paves Way for Regulated Stablecoins

Reading Time: < 1 minuteSouth Korea’s government is pushing forward with legislation to legalize domestically issued stablecoins, marking a major step in President Lee Jae-myung’s pro-crypto agenda.

June 10, 2025June 10, 2025 Chris Smith News

Metaplanet Shares Surge After Announcing $5.4 Billion Bitcoin Purchase Plan

Reading Time: < 1 minuteShares of Japanese investment firm Metaplanet soared at market open following its announcement of a $5.4 billion fundraising initiative to buy Bitcoin.

June 9, 2025June 9, 2025 Chris Smith News

Security Flaw Costs Bitcoin DeFi Project $8.3M

Reading Time: < 1 minuteA critical vulnerability in Alex Protocol’s self-listing verification logic led to one of the largest exploits in Stacks ecosystem history.

June 9, 2025June 9, 2025 Tony Pearce News

Transaction Drought Hits Bitcoin Network Despite Price Strength

Reading Time: < 1 minuteIn a puzzling divergence from price action, Bitcoin network activity has slumped to October 2023 levels.

June 9, 2025June 9, 2025 Chris Smith News

Saylor’s “Send More Orange” Tweet Sparks Bitcoin Buy Speculation

Reading Time: < 1 minuteMichael Saylor is at it again. The MicroStrategy chairman dropped another Bitcoin teaser on X, posting “Send more Orange” alongside a chart of the company’s massive BTC stash.

June 9, 2025June 9, 2025 Tony Pearce News

Winklevoss Twins’ Gemini Quietly Preps for IPO as Crypto Market Heats Up

Reading Time: < 1 minuteGemini, the crypto exchange founded by the Winklevoss twins, is gearing up to go public.

June 9, 2025June 9, 2025 Chris Smith News

Romania’s National Postal Service Launches First Bitcoin ATM

Reading Time: < 1 minutePoșta Română, Romania’s state-owned postal service, has installed its first Bitcoin ATM at a branch in Tulcea, in collaboration with cryptocurrency exchange Bitcoin Romania (BTR).

June 6, 2025June 6, 2025 Tony Pearce News

Circle’s Blockbuster IPO Marred by Backlash From Early Investor

Reading Time: < 1 minuteWhile Circle’s shares soared 167% in their NYSE debut, the celebratory mood was dampened by public criticism from Arca, one of its earliest backers.

June 6, 2025June 6, 2025 Chris Smith News

Uber Joins Corporate Stablecoin Movement

Reading Time: < 1 minuteUber CEO Dara Khosrowshahi revealed the company is actively evaluating stablecoin payments at the Bloomberg Tech Summit.

June 6, 2025June 6, 2025 Tony Pearce News

Bitcoin ETF Holdings Fall 23% in Q1 2025 as Institutional Demand Wanes

Reading Time: < 1 minuteNew data reveals the first quarterly decline in institutional Bitcoin ETF holdings since their US launch.

June 6, 2025June 6, 2025 Chris Smith News

MoonPay Secures BitLicense, Enabling Nationwide Crypto Services in US

Reading Time: < 1 minuteCryptocurrency payment provider MoonPay has received regulatory approval to operate in all 50 US states after securing a BitLicense and money transmitter license from New York’s financial regulator.

June 5, 2025June 5, 2025 Tony Pearce News

California Advances Bill on Unclaimed Crypto and Merchant Payments

Reading Time: < 1 minuteCalifornia’s State Assembly has unanimously approved a bill that would regulate cryptocurrency payments and enable the state to seize inactive crypto holdings from exchanges after three years of dormancy.

June 5, 2025June 5, 2025 Chris Smith News

Hong Kong Opens Crypto Derivatives Market to Institutional Players

Reading Time: < 1 minuteHong Kong regulators are preparing to greenlight digital asset derivatives trading for professional investors.

June 5, 2025June 5, 2025 Tony Pearce News

JPMorgan Embraces Crypto ETFs, Will Accept Them as Loan Collateral

Reading Time: < 1 minuteIn a major step for institutional crypto adoption, JPMorgan Chase will soon permit clients to pledge Bitcoin ETFs as loan collateral.

June 5, 2025June 5, 2025 Chris Smith News

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