Crypto

Decentralized AI blockchain OpenLedger and Blockchain at Berkeley give direct ownership over AI models to students building them, turning passive observers into "active architects." The post OpenLedger and UC Berkeley Give Students Direct Ownership in Building Decentralized AI appeared first on Cryptonews.

Russian prosecutors have closed a massive illegal crypto mining farm on state land. The post Russian Authorities Bust Massive $700K-a-Year Illegal Crypto Mining Farm Hidden as Industrial Plant appeared first on Cryptonews.

Nasdaq-listed Eyenovia has become the first US publicly traded company to establish a dedicated HYPE treasury reserve, raising $50 million through private placement to accumulate over 1 million tokens of Hyperliquid's native cryptocurrency, triggering a massive 134.68% surge in the company's stock price. The post Nasdaq-Listed Eyenovia Raises $50M to Build First US Public Company HYPE Treasury – $100 Target Realistic? appeared first on Cryptonews.

Telegram mini-games reached a zenith in 2024, but the TON blockchain still averages over 2.1 million active wallets. Pudgy Penguins is launching a skill-based Web3 game called Pengu Clash for The Open Network (TON) blockchain, joining the competitive mini-game space. According to Pudgy Penguins, the game will operate under a play-to-win model, allowing players to compete and be rewarded for game mastery rather than speculation. “Play-to-win, in essence, is a skill-based game,” Pudgy Penguins CEO Luca Netz told Cointelegraph. “Users wager against one another vs play-to-earn, [in which] you’re earning tradable currency that the game provides. This is a user-vs-user-based system.” The game will feature modes with different rules and objectives, supported by Elympics infrastructure to enable skill-based challenges and a multiplayer experience. Read more

3iQ’s new XRP ETF, backed by Ripple, begins trading on the Toronto Stock Exchange with zero management fees for the first six months. Canadian asset manager 3iQ launched a new XRP-focused ETF for North American users. The 3iQ XRP ETF (XRPQ) began trading today on the Toronto Stock Exchange (TSX), offering investors direct exposure to the fourth-largest digital asset by market cap. Ripple, the blockchain company behind the XRP Ledger and the XRP (XRP) cryptocurrency, is an early investor in the fund, 3iQ said in a Wednesday announcement. To mark the occasion, the 3iQ team will ring the TSX’s closing bell this afternoon. The ETF debuts with a six-month 0% management fee. It invests exclusively in long-term XRP positions acquired from reputable exchanges and OTC platforms, with all holdings kept in cold storage, per the announcement. Read more

The GENIUS Act is one step closer to becoming law in a development that may make stablecoin issuers key players in the US economy. Stablecoin adoption among United States banks and financial institutions may accelerate following the passage of new legislation in the Senate. The Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act passed the US Senate in a 68–30 Tuesday vote, Cointelegraph reported. The bill aims to set clear rules for stablecoin collateralization and mandate compliance with Anti-Money Laundering laws. It will now advance to the House. The Senate vote sends a “strong positive signal to institutions” that brings the bill one step closer to becoming law, according to Katalin Tischhauser, head of investment research at digital asset bank Sygnum. Read more

Norwegian digital asset firm K33 has launched a directed share issue aimed at raising $9 million, with proceeds earmarked for Bitcoin purchases The post Norway’s K33 Plans $9M Raise to Buy Bitcoin, Targeting 1,000 BTC Treasury Milestone appeared first on Cryptonews.

Deputy Finance Minister Julapun Amornvivat said Thailand aims to become “one of the world’s financial hubs” with its crypto tax exemption.

Gemini flagged a whistleblower tied to fraud who may still receive a $1.5 million award, despite an arbitrator ruling he lied to regulators.

OpenAI CEO Sam Altman said Tuesday Facebook parent Meta is attempting to woo his employees with limited success.

Chinese e-commerce giant JD.com says it could cut cross-border settlement costs as it plans to acquire stablecoin licenses

An international law enforcement effort has dismantled one of the world’s largest and longest-running criminal marketplaces on the darknet, arresting its suspected German operator in Spain and seizing millions in illicit assets, according to a June 16 press release. The takedown, coordinated by the Frankfurt Public Prosecutor’s Office, Germany’s Federal Criminal Police Office (BKA), the […] The post US DOJ, Europol seize world’s largest dark web drug market operating via Monero appeared first on CryptoSlate.

A new $200 million contract with the Department of Defense puts OpenAI ahead in the race to bring AI to government.

"Every action is powered by ether," Etherealize's founder, Vivek Raman, argues as institutional adoption of Ethereum accelerates amid the stablecoin boom.

Feniix Energy, an energy firm based in Latin America, has completed a $75 million acquisition of a live oil and gas operation using blockchain tokenization, according to a statement shared with CryptoSlate on June 17. Global Settlement, a blockchain firm specializing in real-world assets (RWAs), executed the deal through its GSX Protocol. The protocol enabled […] The post LatAm energy giant executes landmark $75M oil and gas deal via blockchain tokenization appeared first on CryptoSlate.

Three JPMorgan executives met with the SEC’s Crypto Task Force to discuss which capital markets instruments could move onchain and how to best navigate the change. Executives with America’s biggest bank met with the Securities and Exchange Commission’s Crypto Task Force to discuss digital asset regulation and potential ramifications of capital markets moving onchain. The JPMorgan Chase executives discussed with the SEC the “potential impact of existing capital markets activity migrating to public blockchain” — including which areas of the existing model might change and how firms could assess the risks and benefits of those changes, according to an SEC note shared on Tuesday. The two groups also discussed JPMorgan’s existing “business footprint” in the crypto space, including its current digital platform that handles repurchase agreements — a type of short-term borrowing in financial markets that falls under its “Digital Financing” and “Digital Debt Services” offerings. Read more

Deutsche Bank, Memento Blockchain, and Interop Labs published a litepaper on June 17 outlining plans for Digital Asset Management Access 2 (DAMA 2), a tokenization platform intended to operate on public blockchains and facilitate the issuance of regulated funds. According to the paper, DAMA 2 would link three layers: Ethereum (ETH) would act as the […] The post DAMA 2: Deutsche Bank unveils institutional tokenization stack to fast-track regulated funds appeared first on CryptoSlate.

Russian prosecutors say they have shut down a 30,000 sqm crypto mining farm illegally operating in an industrial plant located on state-owned property. The post Russian Authorities Discover 30,000sqm Illegal Crypto Mining Farm in Industrial Plant appeared first on Cryptonews.

If the Dogecoin decline progresses any further, a chart gap zone with limited historical support could leave sell pressures unchecked. The post Dogecoin Price Prediction: DOGE Nears Make-or-Break Level – Breakdown Could Get Ugly  appeared first on Cryptonews.

Users seeking steamy romance from their AI companions are getting yoga guides instead. Here’s how to stop your chatbot from pivoting from passion to wellness.