Cointelegraph.com
Source:
https://cointelegraph.com
Found 6874 news
-
Cointelegraph.com - 15:00 Jun 20, 2025
The SEC’s new approach to staking is a turning point for US crypto regulation, showing that genuine, tech-savvy engagement can build smarter policy and keep blockchain innovation onshore. Opinion by: Margaret Rosenfeld, chief legal officer of Everstake At the dawn of the internet in the late 1990s, technology outpaced regulation — and lawyers, engineers and policymakers had to learn together in real-time. Some regulators saw the internet as a threat, others as a challenge. The ones who made the most significant difference, however, were those willing to engage directly with how the technology worked. That kind of engagement — technical fluency, not technophobia — enabled the internet to evolve from fringe novelty to familiar infrastructure. Read more -
Cointelegraph.com - 14:26 Jun 20, 2025
Parataxis will launch a Bitcoin-native treasury platform in South Korea via Bridge Bio, aiming to expand institutional access to BTC despite regulatory barriers. Parataxis Holdings, an affiliate of digital asset-focused investment company Parataxis Capital Management, is set to launch a Bitcoin-native treasury platform in the South Korean public market. The firm announced on Friday it had entered a definitive agreement to invest 25 billion South Korean won ($18.5 million) into Bridge Biotherapeutics, a publicly traded biotech company. Following the acquisition, Parataxis will take a controlling interest in the firm, which will be renamed Parataxis Korea and repurposed as a treasury vehicle for institutional Bitcoin (BTC) exposure. Read more -
Cointelegraph.com - 14:20 Jun 20, 2025
Against 1 in 3,000 odds, a solo miner used a short burst of rented hash power to win a $330,000 Bitcoin block, proving that strategy can still beat scale in today’s mining landscape. On June 5, 2025, a solo miner pulled off what most would call impossible: solving a Bitcoin block alone and earning over $330,000 in Bitcoin block rewards. And they did it during the most competitive mining conditions in Bitcoin’s history. Read more -
Cointelegraph.com - 13:16 Jun 20, 2025
A local expert says a growing share of South Korea’s youth is turning to cryptocurrency not out of belief in its technology, but as a last resort amid economic woes. Cryptocurrency is booming in South Korea, but beneath the surface, the surge is driven less by optimism than by the economic desperation of its younger generation, according to a local expert. Crypto exchange users in South Korea have surpassed 16 million, according to data from late March, after receiving a boost from US President Donald Trump’s election win last November. The figure represents over 30% of the country’s population. Still, recent comments at German Blockchain Week from Eli Ilha Yune, chief product officer at quantum machine learning startup Anzaetek, suggest that this is not a consequence of the local population’s enthusiasm for blockchain technology. He explained during an “Asia Insights” panel that there are a lot of “crypto traders in Korea.” Read more -
Cointelegraph.com - 12:54 Jun 20, 2025
Jupiter exec Kash Dhanda announced a pause in DAO governance voting until 2026, citing the need to prioritize growth and product execution. Kash Dhanda, chief operating officer of the Solana-based Jupiter decentralized exchange (DEX), said the protocol will pause governance voting. In a lengthy Thursday announcement, Dhanda said Jupiter “stands at the edge of an inflection point” and “the window to define the future of DeFi is open, but it won’t stay open for long.” Dhanda highlighted the need to “be laser-focused on growth,” and said Jupiter was suspending the decentralized autonomous organization (DAO) structure, which he said “isn’t working as intended.” Read more -
Cointelegraph.com - 12:05 Jun 20, 2025
Despite Bitcoin’s rise, major corporations like Meta, Amazon and Microsoft are steering clear of holding it in their treasuries, favoring stability over crypto risk. When a company holds Bitcoin on its balance sheet, it is referred to as a corporate Bitcoin treasury. Instead of only holding traditional financial assets and cash, organizations can also own Bitcoin as an alternative store of value or investment strategy. The approach of converting cash holdings into cryptocurrency is a new shift in corporate finance strategy. The concept has gained huge media coverage in recent years, with Strategy’s consistent Bitcoin treasury growth sparking debates. Read more -
Cointelegraph.com - 11:15 Jun 20, 2025
XRP price struggles due to declining open interest and weakening network activity, as a classic chart pattern points to a further downside for the altcoin. Key takeaways: Declining daily active and new addresses signal reduced network activity, less demand for XRP. XRP open interest is down 30% in a month. Read more -
Cointelegraph.com - 10:36 Jun 20, 2025
BlackRock’s ETF is nearing the $70 billion mark as Bitcoin transactions continue to be dominated by large investors. Update June 20, 1:49 pm UTC: This article has been updated to include quotes from Brickken analyst Enmanuel Cardozo. BlackRock’s spot Bitcoin exchange-traded fund (ETF) is nearing the $70 billion mark in assets under management, signaling growing interest from institutional investors even as retail inflows appear to be slowing. BlackRock, the world’s largest asset manager, has acquired over $69.7 billion worth of Bitcoin (BTC) through its iShares Bitcoin Trust (IBIT) ETF, representing over 3.25% of the total BTC supply. Read more -
Cointelegraph.com - 00:41 Jun 20, 2025
Health tech firm Semler Scientific wants to boost its Bitcoin holdings from 3,800 BTC to 105,000 BTC by 2027 and has appointed a new director to lead the plan. Healthcare tech firm Semler Scientific Inc. says it plans to boost its Bitcoin stack by nearly 28 times in the next two-and-a-half years, growing its holdings from 3,808 Bitcoin to 105,000 Bitcoin. Semler is aiming to hold a total of 10,000 Bitcoin (BTC) by the end of this year, then 42,000 BTC by the end of 2026, before going for its final target of 105,000 BTC by 2027, the company said on Thursday. It plans to use equity, debt financing and operational cash flow to reach its target, and has appointed a new director to lead the plan. Read more -
Cointelegraph.com - 23:02 Jun 19, 2025
WeChat hackers use victims’ friends to steal crypto. South Korean exchange Korbit denies hack after 12-hour maintenance. Chinese social media influencers have been targeted in a wave of WeChat account hacks, with attackers suspected of exploiting the messaging platforms security feature meant to keep them out. Since April, multiple victims claim hackers gained access to their WeChat login credentials and then triggered the platforms friend verification system. This security feature, one of three login options on WeChat, allows a users contacts to receive verification requests on their behalf when logging into a new device. Its intended as a backup when SMS or QR code authentication is unavailable. Cos, co-founder of blockchain security firm SlowMist, broke down the method in a June 17 post on X. He noted that attackers appear to target contacts with whom victims had minimal interaction, increasing the chances those users might mindlessly approve the request and forward the code. Read more -
Cointelegraph.com - 22:33 Jun 19, 2025
The platform launched the betting market for the GENIUS Act after the US Senate passed it on Tuesday. Cryptocurrency users are betting on the odds that US legislation to regulate payment stablecoins will move forward, following a crucial vote in the Senate and a public push from President Donald Trump to “get it to [his] desk.” As of Thursday, the online betting platform Polymarket shows an 89% chance of the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, passing the US Senate and House of Representatives and being signed into law by the president before 2026. The Polymarket bet seemed to have been launched roughly 18 hours after the bill passed in the Senate in a 68-30 vote on Tuesday. It’s unclear whether the bill will have enough support to pass the House in its current form or whether lawmakers could add amendments to address concerns over Trump’s connections to the crypto industry, including World Liberty Financial’s stablecoin, USD1. A majority of senators voted against ... -
Cointelegraph.com - 21:58 Jun 19, 2025
The partnership is part of a broader trend of banks integrating structured BTC yield products into wealth management services. XBTO, a crypto investment firm and liquidity provider, has partnered with Arab Bank Switzerland to provide a Bitcoin yield product to the bank’s wealth management clients, part of a growing appetite among institutions for BTC yield products. According to XBTO, the product will apply its “diamond-hands” strategy, a proprietary approach used on the company’s Bitcoin (BTC) yield fund. The fund’s rules strategy involves selling BTC options to earn premiums, while seeking accumulation during market dips. Regulated in Bermuda, the product has reported annualized returns of around 5% with relatively low volatility. “The maturation of institutional digital asset demand requires sophisticated solutions that go beyond simple exposure,” said Javier Rodriguez-Alarcon, chief investment officer and head of digital asset management at XBTO. Read more -
Cointelegraph.com - 21:12 Jun 19, 2025
This week, 15,000 Bitcoin were moved at a loss by short-term holders, raising the chance for a BTC price dip under $100,000. Key takeaways: Short-term Bitcoin holders sold 15,000 BTC at a loss throughout the week. Onchain data suggests a Bitcoin price bottom in the $97,000–$94,000 zone. Read more -
Cointelegraph.com - 20:07 Jun 19, 2025
The social media app will soon be embedded with various financial services, X CEO Linda Yaccarino said. Elon Musk’s social media platform, X, will soon integrate various financial services, enabling users to make payments and investments directly within the app. In a recent interview with the Financial Times, X CEO Linda Yaccarino said the platform’s estimated 600 million users will eventually “be able to transact [their] whole life on the platform,” from sending money to managing investments. The company is also considering launching an X-branded credit or debit card, potentially later this year. Read more -
Cointelegraph.com - 19:05 Jun 19, 2025
OpenAI is dropping Scale AI from its data labeling suppliers days after the startup’s acquisition by Meta. OpenAI is scaling back its contracts with Scale AI, a data labeling startup recently acquired by social media giant Meta. According to a Thursday report from Bloomberg, the ChatGPT maker is winding down its reliance on the startup's data, a few days after Meta announced a $14.8 billion deal for a 49% ownership stake in Scale AI. The acquisition was Meta’s second-largest and will also have Scale CEO Alexandr Wang joining Meta’s experimental AI project. The companies announced the deal on June 12. Read more -
Cointelegraph.com - 18:09 Jun 19, 2025
An umbrella company controlled by the president and his family has reportedly been reducing its stake in World Liberty Financial since December 2024. One of the companies connected to US President Donald Trump and his family’s position in World Liberty Financial (WLF) has reportedly reduced its stake in the cryptocurrency platform in the last 11 days. According to a Thursday Forbes report, DT Marks DeFi LLC, an umbrella company controlled by Trump and his family, has been slowly reducing its stake in WLF. The report noted that DT Marks DeFi LLC had a 75% stake in WLF as of December 2024, but World Liberty’s website said the company owned “approximately 60%” as of January — a stake that was further reduced to 40% sometime after June 8. While it's unclear whether the Trump family profited from the move, a Forbes analysis suggested that proceeds from such a sale could amount to millions of dollars. Read more -
Cointelegraph.com - 17:13 Jun 19, 2025
Yellow Card plans to roll out stablecoin payments with Visa in at least one African country this year amid a trend driven partly by limited access to US dollars. Credit card giant Visa has partnered with Yellow Card Financial, an African stablecoin payments provider, to accelerate the adoption of digital dollars across the continent, underscoring the growing synergy between traditional payment networks and cryptocurrency solutions. The two companies have signed an agreement to promote stablecoin use for cross-border payments in emerging markets where Yellow Card operates, Bloomberg reported Thursday. Yellow Card will launch stablecoin transactions with Visa in at least one African country this year, with additional rollouts expected in 2026. Chris Maurice, co-founder and CEO of Yellow Card, said the collaboration will focus on enhancing treasury operations, improving liquidity management and enabling more cost-effective money transfers. Read more -
Cointelegraph.com - 16:30 Jun 19, 2025
The Telegram founder will once again be allowed to travel to Dubai for a short period before returning to France, where his case is ongoing. Telegram founder Pavel Durov gained court approval to leave France for up to 14 days to travel to Dubai, United Arab Emirates, where the company is headquartered. Durov will be allowed to leave France on July 10 after having a travel request denied by French officials in May, according to French news outlet Le Monde. The executive had requested permission to travel to Oslo, Norway, to deliver a keynote address at the Human Rights Foundation’s Oslo Freedom Forum, which was presented remotely after French officials rejected his travel application. Read more -
Cointelegraph.com - 15:45 Jun 19, 2025
Shrinking liquid supply, persistent ETF demand, and strong technical factors could push ETH price above $4,000. Key takeaways: Spot ETH ETF net inflows totalled $861.3 million over the last two weeks. Total ETH staked and accumulated are at all-time highs. Read more -
Cointelegraph.com - 15:15 Jun 19, 2025
As Washington printed trillions, Bitcoin evolved into a global asset class, trusted by nations and corporations, amid growing US debt concerns. While Washington, DC printed trillions, Bitcoin mined block by block, quietly evolving from digital experiment to global asset class. As policymakers increased government spending and implemented stimulus measures, the US national debt surged to over $37 trillion, sparking worries about inflation, currency devaluation and long-term fiscal stability. Read more
6874 items