Crypto

ChatGPT suffers 3-hour worldwide outage affecting millions of users, with OpenAI investigating "elevated error rates" across most services.

Trump’s CFTC nominee Brian Quintenz says blockchain will reshape industries beyond finance and calls for clear crypto rules to protect US leadership. Brian Quintenz, US President Donald Trump’s nominee to chair the Commodity Futures Trading Commission (CFTC), has said that blockchain is a foundational technology poised to transform much more than just finance. In prepared remarks ahead of his Senate confirmation hearing shared with Cointelegraph, Quintenz pointed out the long-term impact of blockchain and cryptocurrencies. “I view blockchain as a horizontal technology that has the potential to touch every aspect of society,” he said. Quintenz, who most recently served as the global head of policy at a16z Crypto (Andreessen Horowitz’s digital asset arm), also mentioned the importance of a comprehensive regulatory framework for crypto markets. Read more

Securities and Exchange Commission chair Paul Atkins also bashed the previous administration under former SEC Chair Gary Gensler and its approach to crypto. The US securities regulator is working on an “innovation exemption” to stoke the creation of more onchain products and services, according to Securities and Exchange Commission chair Paul Atkins. Atkins, a former crypto lobbyist, said during a Monday crypto roundtable led by the SEC’s crypto task force titled DeFi and the American Spirit that he has directed staff to consider a conditional exemption relief framework.  These temporary exemptions would relieve firms from specific regulatory requirements to foster innovation in emerging tech sectors, provided they meet certain conditions. Read more

The UK Insolvency Service has hired a former police investigator to help creditors recover cryptocurrency from failed companies and criminal cases. The UK Insolvency Service has appointed its first crypto intelligence specialist to help recover crypto from bankruptcy and criminal cases. Andrew Small, a former police investigator with a background in economic crime, will lead efforts to trace and reclaim crypto assets that haven’t been accounted for in those proceedings, according to a June 9 statement from the Insolvency Service. It comes as the number of crypto-related insolvency cases in the UK has risen by 420% over the last five years, while the estimated value of crypto assets identified in insolvency cases has increased 364 times to 523,580 British pounds ($709,500) over the same time frame. Read more

Several Waymo self-driving taxis were destroyed amid growing tensions over ICE activity in Los Angeles.

At WWDC 2025, Apple introduced AI-powered updates and UX design overhaul—but the AI hype was taken down a notch.

Ripple’s stablecoin RLUSD expanded its circulating supply by 29% in the week ended June 8, adding $72.5 million and closing at $320.6 million. The movement marks the first time the token’s float crossed the $300 million threshold. Additionally, it represents a sixfold increase since the launch of RLUSD on Dec. 17, 2024. Data from Artemis […] The post RLUSD surpasses $300M supply as Ripple secures UAE backing appeared first on CryptoSlate.

Ethereum managed to attract more than $296 million in inflows last week as it continued a 7-week streak.

Evita Pay founder Iurii Gugnin has been accused of using sanctioned Russian banks to launder millions into the US, with the funds used in part to undermine American interests. A crypto founder has been arrested in New York for allegedly using his crypto firm, Evita Pay, to funnel around $530 million into the US from sanctioned Russian banks to help Russians access highly sensitive American technology. Iurii Gugnin was hit with a 22-count indictment and will face charges related to wire and bank fraud, money laundering and operating an unlicensed money transmitting business, among others, the US Department of Justice said on Monday.  If convicted, Gugnin could spend life behind bars. It’s the latest case involving the use of crypto to attempt to bypass sanctions and launder funds. Read more

Kim Nam-guk, the South Korean lawmaker at the center of the nation’s “Coin Gate” scandal, is set to join the government of the newly elected South Korean President Lee Jae-myung. The post South Korean Coin Gate Lawmaker Kim Nam-guk Set For Key Government Role appeared first on Cryptonews.

Bitcoin (BTC) rebounded above $110,000 on June 9, regaining ground lost in last week’s selloff as investors rotated back into digital assets on the back of strong ETF inflows, easing macroeconomic tensions, and renewed optimism across risk markets. The world’s largest crypto reached an intraday high of $110,653 from a daily low of $105,426 earlier […] The post Bitcoin climbs back to $110k amid sustained corporate, institutional interest appeared first on CryptoSlate.

Paul Atkins called the right to self-custody a “foundational American value” when addressing regulators and industry leaders discussing DeFi. US Securities and Exchange Commission (SEC) Chair Paul Atkins took aim at the previous administration’s crypto policies in the regulator’s latest roundtable event exploring digital asset regulation. In a Monday event led by the SEC’s crypto task force titled “DeFi and the American Spirit,” Atkins said the prior administration, suggesting the agency’s stance on digital assets under former chair Gary Gensler, took a heavy-handed approach through the courts. He added that the SEC’s policies on staking as a service provider needed congressional approval to have lasting authority, and touted self-custody as a “foundational American value.” “I’m in favor of affording greater flexibility to market participants to self-custody crypto assets, especially where intermediation imposes unnecessary transaction costs or restricts the ability to engage in staking and other onchain acti...

Bitcoin's price jumped past $110,000 for the first time in about two weeks to lead a broader upturn in digital assets.

Key Takeaways: Paraguay’s President Santiago Peña had his official X account compromised, leading to the spread of a false announcement about Bitcoin. The language and content of the post raised immediate red flags among observers, prompting swift clarification from the Paraguayan government. On-chain analysis showed the attached wallet had minimal funds and no activity, suggesting […] The post Paraguayan President’s X Account Hacked – False Bitcoin Legal Tender Announcement Posted appeared first on Cryptonews.

Following a damaging protocol vulnerability in May, Sui decentralized exchange Cetus is back online with a compensation plan.

Digital asset infrastructure companies have seen more attention in recent years, with some fundraises in the hundreds of millions of dollars. Turnkey, a crypto infrastructure company founded by former Coinbase Custody builders in 2022, has raised $30 million in a Series B round to create an “open infrastructure layer” for crypto, which the company says will help the industry evolve in a similar way to the internet. Bain Capital Crypto led the round with participation from Sequoia Capital, Galaxy Ventures, Lightspeed Faction, Variant, and Wintermute Ventures. The round brings Turnkey’s total funding to $50 million. Turnkey specializes in providing wallet infrastructure, enabling embedded wallets that “remove the need to rely on phishable seed phrases.” Its clients include prediction market platform Polymarket, NFT marketplace Magic Eden, and Web3 development platform Alchemy. Read more

In an interview with Tucker Carlson, Pavel Durov’s first since being indicted on six charges in 2024, said his company did nothing wrong. Telegram founder Pavel Durov is still trying to figure out why he was detained in France last August, though the motives may have been political and tied to authorities’ efforts to crack down on alleged illicit activity on the messaging platform. That was one of the key takeaways from Durov’s interview with Tucker Carlson, which premiered Tuesday on YouTube.  In his first interview since his Aug. 24, 2024, arrest at Bourget Airport outside Paris, Durov said French authorities appeared primarily interested in how Telegram works — “as if it’s some kind of mystery,” he quipped. Read more

SEC chair Paul Atkins has revealed staff are drafting a conditional exemptive relief scheme—an 'innovation exemption'—to fast-track blockchain products and services. The proposal departs from prior enforcement-led policy and reflects a friendlier stance toward crypto in the United States. The post SEC May Grant Blockchain Industry a Green Light Under “Innovation Exemption” appeared first on Cryptonews.

ProShares Trust and Bitwise each filed preliminary prospectuses with the Securities and Exchange Commission (SEC) on June 6 for exchange-traded funds (ETF) designed to track Circle’s CRCL shares. The ProShares Ultra CRCL ETF is a 2x leveraged product that seeks to deliver twice the daily move in CRCL by utilizing swaps and other derivatives, as […] The post ProShares, Bitwise race to launch CRCL ETFs, targeting August debut amid stock price surge appeared first on CryptoSlate.

Two bills in the US Congress considering stablecoins and a digital asset regulatory framework will reach crucial stages this week after long debates and controversies. US lawmakers on the House Financial Services Committee are expected to meet for a markup hearing on Tuesday to consider a cryptocurrency market structure bill, which could be amended to add protections for blockchain developers. According to a notice released ahead of the hearing, committee chair French Hill introduced an amendment to the Digital Asset Market Clarity Act of 2025, otherwise known as the CLARITY Act, focusing on the “treatment of certain non-controlling blockchain developers.” The amendment proposed that, under the potential market structure law, certain blockchain developers or service providers would not be considered money transmitters or subject to their registration requirements. The provision for blockchain developers appeared to originate from the Blockchain Regulatory Certainty Act, legislation spearheaded by Representati...