Crypto

The bank is also weighing a tokenized deposit system to make payments more efficient, as regulatory clarity and pending legislation accelerate stablecoin adoption.

The following is a guest post and analysis from Maarten Henskens, Head of Astar Foundation. Web3 has a problem with value capture. Despite billions in market capitalization, most projects continue to extract value from their communities rather than return it. While venture capitalists and founding teams reap substantial rewards through token sales and vesting schedules, […] The post The future of crypto belongs to communities—treasury governance will get us there appeared first on CryptoSlate.

Crypto tracing firm Chainalysis and on-chain sleuth ZachXBT both concluded the donation's origin pointed to the defunct AlphaBay marketplace.

Netflix’s latest reality venture, House of Streams, is set to debut on June 18 in the UK and Ireland, offering 1 Bitcoin to the winning contestant. The post Netflix’s ‘House of Streams’ to Award 1 Bitcoin to Winning Streamer appeared first on Cryptonews.

The token’s rebound was bolstered by technicals, as well as growing Avalanche-based projects making exposure to AVAX more attractive than to other altcoins.

Not only has ETH's price surged, but Ethereum's Pectra upgrade has made a sizable impact on the network ecosystem. Here's how.

A bearish RSI divergence, similar to 2021, suggests Bitcoin could face a 50%+ correction toward $64,000, challenging the $150K year-end target. Key takeaways: A 2021-style bearish divergence on the weekly chart points to a potential 50%+ correction toward $64,000. Peter Brandt warns Bitcoin must reclaim its parabolic trendline soon or risk ending its bull cycle before reaching the $150,000 target. Read more

The move could bring institutional weight to the token and aligns with the project’s vision for “crypto, patriotism and long-term success.”

Both the Senate stablecoin and the House market structure bills are on the cusp of key moves next week.

Digital investment firm Arca has sold its entire stake in Circle after publicly criticizing the stablecoin issuer’s initial public offering (IPO) process. The post Investment Company Arca Dumps Circle Shares After Scathing IPO Critique appeared first on Cryptonews.

Alex Lab Foundation said it will fully reimburse users affected by the $8.3 million exploit, with compensation issued in USDC following a structured claims process. Alex Protocol, a Bitcoin decentralized finance (DeFi) platform on the Stacks blockchain, suffered an exploit on June 6, resulting in $8.3 million in digital asset losses.   In an X announcement, Alex Protocol said the breach was caused by a vulnerability in its self-listing verification logic. The attacker used the flaw to drain liquidity from several asset pools.  The Bitcoin DeFi platform said the attackers siphoned about 8.4 million Stacks (STX) tokens, 21.85 Stacks Bitcoin (sBTC), 149,850 in USDC (USDC) and USDt (USDT), and 2.8 Wrapped Bitcoin (WBTC). The incident is one of the largest exploits in the Stacks ecosystem to date. Read more

The following article is a guest post and opinion of Ting Peng, Head of Ecosystem at SkyX Network. What do you do when the weather app says light rain, but a flash flood tears through your town instead? You blame the app. Your rightful ire is a bit misplaced, though: It could very much be the […] The post Your weather app can’t save you — but a new system might appeared first on CryptoSlate.

This week, markets were shaken by the Trump-Musk dispute, BTC and ETH exchange supply dropped, and crypto ETFs gained institutional traction.

After earning $3 million from NFT sales, Jonathan Mann watched it vanish in a crash, and now he’s turned the ordeal into a painfully honest crypto tax tune. Non-fungible token (NFT) artist Jonathan Mann, the musician behind the “Song A Day” project, has turned his crypto tax ordeal into a cautionary musical tale.  In a new track shared on X, Mann recounted how he made $3 million selling his entire back catalog as NFTs, only to see it vanish as the market crashed during the Terra ecosystem collapse. “This is the story of how I made three million dollars and lost it,” Mann sings. “And how I owed the IRS more money than I made in 10 previous years.”  Read more

This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail. Ethereum (ETH) Ethereum had another flat week in terms of price action, ending it with a minor loss of 1%. The price has been moving sideways since early May, holding just above the key support at $2,400. This long consolidation could signal […]

[PRESS RELEASE – Dublin, Ireland, June 7th, 2025] AB DAO announced that its native token $AB officially began trading on Binance Alpha—Binance’s early-access, exclusive listing platform. What strategic considerations led AB to choose Alpha, and what role does this phase play in the “AB Anywhere” cross-chain asset vision? This report delves into the AB team’s […]

Onchain perpetual futures platform Hyperliquid notched a record-breaking $248 billion in monthly trading volume for May, up 51.5%. The post Hyperliquid Perps Volume Hits Record $248B in May Amid James Wynn Frenzy appeared first on Cryptonews.

Singapore’s ousting of unlicensed firms was not a sudden move and it’s among several regions tightening licensing duties. Singapore’s latest order for unlicensed crypto firms to stop serving overseas customers marks the beginning of the end for regulatory loopholes in the blockchain industry. The May 30 directive from the Monetary Authority of Singapore (MAS) tells crypto firms and individuals offering services abroad to get licensed or get out. To some in the industry, it may look like Singapore is suddenly turning away from its crypto-friendly stance. But in reality, the city-state has remained consistent in its push for compliance. The move aligns with a global crackdown aimed at money laundering and terrorism financing. Read more

Trump seems to recognize his official memecoin, down 85% from its all-time high, as a tool to measure public sentiment. United States President Donald Trump has signaled support for the idea that his official memecoin reflects public sentiment about his leadership. In a post on his social media platform Truth Social, Trump shared a Newsmax article discussing how his official cryptocurrency token serves as a gauge of political momentum, echoing views shared by some crypto industry figures.  While the president may recognize his memecoin as a success barometer, the token’s market performance paints a more sobering picture if it’s to be used as a sentiment gauge.  Read more

The crypto market recovered in May, but volatility remained elevated due to changes in U.S. trade policies.