Crypto

One of the victims identified in the police operation said she carried around $13,000 in cash at one point to send Bitcoin to scammers via crypto ATMs. Australian federal police said it has contacted over 90 Australians as part of a crackdown on criminal use of crypto ATMs, including pig butchering victims and suspected offenders.  One of the victims was a 77-year-old widow who was scammed out of 433,000 Australian dollars ($281,947) in an online dating scam, Australia’s financial intelligence agency, AUSTRAC, said on Wednesday. Australian public broadcaster ABC reported the widow was unaware that the Belgian man she’d been dating online for two years was a fraud until police showed up at her door. Read more

DNTV Research's Bradley Park explains why the community is important for Korean token listings.

U.S. Federal Housing Finance Agency (FHFA) Director Bill Pulte has ordered Fannie Mae and Freddie Mac to consider ways cryptocurrencies may be used in mortgage risk assessments, a Wednesday order from the FHFA reveals.FHFA To Consider Crypto As Mortgage Asset, Bill Pulte Says According to a June 25 X post from Pulte, the two government-sponsored […] The post FHFA Head Bill Pulte Orders Fannie Mae, Freddie Mac To Consider Crypto As Mortgage Asset appeared first on Cryptonews.

Under a directive from the FHFA, Fannie Mae and Freddie Mac were ordered to prepare for crypto mortgage payments.

Bitcoin reclaimed the 50-day EMA, a crucial bullish signal historically linked to strong rallies. A $120K breakout may follow.

A proposal for a Solana ETF and a new fund tied to Pudgy Penguins tokens have joined a growing list of products offering crypto exposure.

Invesco and Galaxy Digital have filed the initial documents to launch a spot Solana ETF, making the ninth similar entry to be put before US regulators. Update (June 26, 1:26 am UTC): This article has been updated to add information from Invesco’s filing and analyst commentary. The US could get nine Solana exchange-traded funds if regulators approve, as asset manager Invesco joined the group of firms looking to push exchange-traded products beyond Bitcoin and Ethereum. In a regulatory filing on Wednesday, Invesco and Galaxy Digital put forward the Invesco Galaxy Solana ETF, which aims to track the spot price of Solana (SOL), currently the sixth-largest cryptocurrency by market cap. Read more

The Moscow Exchange is set to launch a new Bitcoin (BTC) index futures offering, in addition to crypto funds and structured bonds. The post Moscow Exchange to Follow up BTC Futures Launch With Crypto Funds, Structured Bonds appeared first on Cryptonews.

The Iran-Israel conflict reportedly cost the two nations roughly $25.5 billion, worth over 240,837 BTC at current prices, according to a report by Opportunity Cost, a digital tool that translates global spending into Bitcoin and Satoshi equivalents. According to the platform, Israel fired Arrow interceptor missiles, each costing around $3 million or 28.3 BTC, to counter Iranian missiles […] The post Iran and Israel spent over $25B during the ’12-day war,’ equivalent to 1% of total Bitcoin supply appeared first on CryptoSlate.

Bitcoin reaches over $107K as SoFi restarts its crypto services. Meanwhile, a Trump-linked ETF proposal makes its debut on the NYSE, and ETFs enjoy a $588M influx following a ceasefire boost. The post Bitcoin Price Prediction: Skyrockets Past $107K as SoFi Energizes Crypto Market and NYSE Unveils Trump ETF appeared first on Cryptonews.

Analysts are bullish on ETH’s long-term prospects and ETF inflows, but futures data paints a different picture. Key takeaways: Ether drops 4% drop despite ETF inflows, and this shows traders are skeptical about a move back to $3,000. Negative funding and options metrics signal low confidence in ETH’s short-term price strength. Read more

Binance’s monthly Bitcoin (BTC) inflows have fallen to 5,700 BTC, less than half the 12,000 BTC average recorded since 2020 and 25% of the 24,000 BTC that hit the exchange during the FTX panic of late 2022, CryptoQuant analyst Darkfost shared in a June 24 note. Darkfost’s data showed that every material deposit surge of […] The post Binance Bitcoin inflows plunge to 5,700 BTC, less than 50% of the monthly average since 2020 appeared first on CryptoSlate.

AlphaGenome, accessible via API, cracks the “junk DNA” code, outperforms top rivals in key tests, and puts advanced genomics tools within reach of labs around the world.

Kalshi plans to use a portion of the funding to scale its technology team, CEO Tarek Mansour said. Kalshi, a prediction market and competitor to Polymarket, has reportedly closed a $185 million funding round that values the company at $2 billion, indicating growing investor appetite for the emerging sector. The round was led by crypto investment company Paradigm, with participation from venture capital companies Sequoia Capital, Multicoin Capital and other investors, The Wall Street Journal reported on Wednesday. CEO and co-founder Tarek Mansour said the funding will be used to expand Kalshi’s technology team and integrate its prediction contracts into more brokerage platforms. Currently, Kalshi contracts are available through Webull and Robinhood Markets. Prediction markets have gained traction as an alternative to traditional polling, with proponents arguing that they offer more accurate forecasts by aggregating the collective expectations of participants. Founded in 2018 by Mansour and Luana Lopes Lara, Ka...

Kalshi achieved unicorn status following its latest Series C funding round, amid the prediction markets platform's growing crypto embrace.

Several exchanges have announced MiCA licenses this year, following requirements being enforced in 2024 to offer digital asset services in the EU. Cryptocurrency exchange Kraken announced that it can now expand its offerings and across European Union’s member states after securing a license under the Markets in Crypto-Assets (MiCA) framework. In a Wednesday notice, Kraken said it had received the MiCA license from the Central Bank of Ireland, allowing the exchange to offer regulated services to residents in the 30 European Economic Area member states. The approval followed Kraken securing a Markets in Financial Instruments Directive (MiFID) license in February and an Electronic Money Institution (EMI) license in 2023. “We believe trust is the most valuable currency in crypto, and it’s something you earn. Over the past several years, our team has worked tirelessly to meet the [Central Bank of Ireland]’s gold standard regulatory expectations,” said Kraken co-CEO Arjun Sethi. Read more

Senator Cynthia Lummis (R-WY) encouraged her fellow U.S. lawmakers to advance both the GENIUS Act and broader crypto market structure overall in a Wednesday appearance on CNBC’s Squawk Box.Lawmakers Must Find Path Forward For Crypto, Cynthia Lummis Says Speaking with Squawk Box co-anchor Joe Kernen on June 25, Lummis expressed her hopes that both the […] The post Sen. Cynthia Lummis Says Both Crypto Market Structure Bill & GENIUS Act Must Pass This Year appeared first on Cryptonews.

Crypto miner Bit Digital will sell off its bitcoin operations to deepen its ETH staking and treasury shift.

The European Union is preparing to relax its stance on foreign-issued stablecoins, potentially allowing U.S. dollar-backed tokens like USDC and USDT to circulate freely within the bloc, the Financial Times reported on June 25. According to the report, the European Commission will soon issue formal guidance enabling stablecoins issued outside the EU to be treated […] The post European Commission to ease rules on foreign stablecoins despite ECB opposition appeared first on CryptoSlate.

GameStop raised another $450 million that it can use to buy Bitcoin, boosting its latest raise to $2.7 billion. Will it grab more BTC?