Mt. Gox moved $739 million in Bitcoin for the first time since March, raising speculation about imminent creditor distributions. Defunct Japanese crypto exchange Mt. Gox moved roughly $739 million worth of Bitcoin from its cold wallets early Tuesday, its first onchain movement in over two months, according to Arkham Intelligence data. Blockchain data shows the exchange transferred 10,306 Bitcoin (BTC), worth approximately $730.8 million, from its cold wallet to an unmarked address at 4:47 am UTC. The transferred Bitcoin is currently marked as “unspent” by Arkham. The exchange also made a separate transfer of 116.3 BTC, worth around $8.25 million, to its hot wallet at the same time, which is marked as “spent.” The transferred Bitcoin being marked “unspent” means the funds are sitting in the new address and have not yet been sent anywhere further. On the other hand, “spent” means those funds have already been moved on again to another address. Read more
Bitcoin fell to fresh two-month lows as BTC price weakness accelerated and analysis targeted its 200-day moving average trend line. Bitcoin (BTC) traded below $70,000 for the first time in two months on Tuesday as sellers stayed in control. Key points: Read more
The new API lets AI agents make purchases with eligible Visa cards using tokenized credentials and spending controls, expanding payment options for autonomous software. Crossmint, a stablecoin and wallet infrastructure provider, launched an API that enables AI agents to make payments using eligible Visa credit and debit cards, bringing physical card-based transactions to agent platforms. According to Tuesday's announcement, the service uses Visa Intelligent Commerce and Basis Theory's payment infrastructure to allow AI agents to make purchases without access to users' card numbers while operating within predefined spending limits. Crossmint said the payment capability is available through its lobster.cash tool, which can be connected to platforms including Claude Code, OpenClaw, Hermes and Zo Computer. Developers can immediately integrate the payment system through the company's API and documentation. Read more
The global insurance broker acquired crypto insurance platform Redefind and launched a digital asset protection service covering asset tracing and legal recovery costs. WTW, a global insurance broker and risk advisory company, has acquired crypto insurance platform Redefind and launched a digital asset protection service that covers expenses related to forensic investigations, asset tracing and legal recovery efforts following theft or loss. Redefind is a crypto insurance platform that allows individuals and institutions to purchase coverage for digital assets held across different custody arrangements. The company said its system uses cryptographic proof of ownership to verify insured assets. The service is designed as a non-custodial insurance product for digital asset owners and will initially launch in the United Kingdom, with broader market expansion planned. The coverage is focused on recovery-related costs rather than traditional custodial insurance products. Read more
Robinhood will enter Canada after its WonderFi acquisition brought local crypto exchanges Bitbuy and Coinsquare under its control. Stock and crypto trading platform Robinhood has entered the Canadian market after closing a $180 million stock acquisition of local crypto technology company WonderFi, gaining the company’s licenses and regulatory approvals in the country. Robinhood said on Monday that the acquisition marks the platform's entry into Canada and will see crypto exchanges Bitbuy and Coinsquare come under the company’s banner. Bitbuy and Coinsquare are among Canada's largest crypto exchanges. WonderFi disclosed in March that the platforms generated combined revenue of $49.8 million in 2025. Read more
Santiment says that “the gap between traditional equities and crypto has become increasingly difficult for traders to ignore.” Bitcoin fell to its lowest level in almost two months on Tuesday as cryptocurrencies continue to diverge from traditional equity markets. Bitcoin (BTC) fell to a low of $70,023 on Coinbase early on Tuesday, its lowest level since April 7, marking a daily decline of more than 4% and a weekly loss of 8%, according to TradingView. Bitcoin is down 44% from its October peak of $126,000. US stock markets such as the S&P 500 have meanwhile hit a record high of just over 7,600 points on Monday, while the tech-heavy Nasdaq peaked at over 27,000 points. Read more
Grayscale proposed a fee of 0.29% on its Hyperliquid ETF, which “slightly undercuts” rivals 21Shares and Bitwise that carry respective fees of 0.3% and 0.34%, says analyst James Seyffart. Crypto asset manager Grayscale could launch its exchange-traded fund tied to the Hyperliquid token in the US as soon as this week after it amended a regulatory filing for the fund, an analyst says. Bloomberg ETF analyst James Seyffart posted to X on Monday that the launch of Grayscale’s ETF was “likely imminent” and was “expecting the launch this week” after the company amended the fund’s filing for the sixth time to add its ticker and fee. Grayscale’s amended filing added that the ETF would trade under the ticker HYPG with a 0.29% management fee, which Seyffart noted “slightly undercuts” rival Hyperliquid (HYPE) ETFs from 21Shares and Bitwise that launched in mid-May. Read more
Telegram founder Pavel Durov says it is “returning to our roots — and starting a new chapter” by rebranding Toncoin to Gram. The Open Network says it is planning to rebrand its Toncoin (TON) token to Gram (GRAM), the original name of the network’s cryptocurrency in its first white paper. “Gram was the original name of TON’s currency in the first white paper,” Telegram and TON founder Pavel Durov posted to Telegram on Monday. “We’re returning to our roots — and starting a new chapter.” The rebranding will “pave the way for what comes next,” and the transition will take around three weeks, he added. Read more