Cointelegraph.com
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Cointelegraph.com - 13:00 Jun 26, 2025
Billions Network has launched its mobile identity app for Android and iOS, offering AI-resistant, privacy-preserving verification using NFC-based document checks and zero-knowledge proofs. Blockchain-based identity layer Billions Network announced the launch of its identity mobile application for both Android and iOS devices. According to a Thursday statement shared with Cointelegraph, Billions Network’s identity system is AI-proof. The announcement follows Polish investor Borys Musielak’s April demonstration of how ChatGPT can generate photos of government-issued IDs likely to pass photo-based Know Your Customer (KYC) checks. “As AI continues to erode trust in traditional verification methods and digital interactions, this launch ensures people can safely and privately enjoy personalized digital experiences,” Evin McMullen, co-founder and CEO of Billions, said. Read more -
Cointelegraph.com - 12:54 Jun 26, 2025
Trump’s early Fed replacement plans rattled markets, accelerating dollar losses and sending DXY to its lowest level since April 2022. Key takeaways: Wall Street poured over $1 billion into Bitcoin ETFs this week amid rising bets on Fed rate cuts and a weakening US dollar. Trump’s early Fed replacement plans intensified dollar selloffs, pushing DXY to its lowest since April 2022. Read more -
Cointelegraph.com - 11:42 Jun 26, 2025
Knowing how to read a stablecoin attestation report isn’t just a skill; it’s your first line of defense when verifying what’s backing your stablecoins. Stablecoin attestation reports provide third-party verification that each token is backed by real-world assets like cash and US Treasurys. Attestation ≠ audit: Attestations are point-in-time checks, not deep financial audits, so users should still perform broader due diligence. Not all tokens are redeemable. Time-locked, test or frozen tokens are excluded from reserve calculations to reflect only actively circulating coins. Read more -
Cointelegraph.com - 11:30 Jun 26, 2025
The concept of integrating crypto wallets into chatbots for DeFi access and AI-driven trade execution is relatively new, industry observers say. Cryptocurrency wallets are set for a new integration with artificial intelligence chatbot functionality through an AI terminal launched by the decentralized finance and AI (DeFAI) layer, Edwin. Edwin, an AI interface layer for DeFi launched in early 2025, is publicly rolling out its AI terminal, which aims to make access to crypto and DeFi “as easy as chatting,” according to an announcement shared with Cointelegraph on Thursday. The terminal allows users to directly connect their browser wallets like Phantom or MetaMask to provide real-time wallet context and suggest or even execute DeFi trades. Read more -
Cointelegraph.com - 11:10 Jun 26, 2025
A flaw in ResupplyFi’s contract allowed an attacker to manipulate token prices and drain $9.6 million from its wstUSR market. Decentralized finance (DeFi) protocol Resupply confirmed a security breach in its wstUSR market, which led to about $9.6 million in crypto losses. Blockchain security firm Cyvers said on Thursday that the exploit was triggered by a price manipulation attack involving the protocol’s integration with a synthetic stablecoin called cvcrvUSD. Meir Dolev, Cyvers’ co-founder and chief technology officer, told Cointelegraph that the attacker exploited a price manipulation bug in the ResupplyPair contract. “By inflating the share price, they borrowed $10 million reUSD using minimal collateral,” Dolev said. Read more -
Cointelegraph.com - 10:20 Jun 26, 2025
Bitcoin price all-time highs spark a sea change among larger miners, who instead of taking profits are actively adding to their BTC reserves. Key points: Bitcoin miners are showing rare behavior as BTC price action hits repeat all-time highs in 2025. Large miners are adding to their reserves, while the oldest participants have slashed sales compared to 2024. Read more -
Cointelegraph.com - 10:13 Jun 26, 2025
Galaxy Digital raises $175 million for its first externally backed venture fund, targeting early-stage crypto startups. Galaxy Digital has closed a $175 million venture fund, its first with outside capital, as the company ramps up plans to invest in early-stage crypto startups. The fund, which exceeded its $150 million target, marks the first time Galaxy has accepted outside capital. Until now, the company had relied solely on its own balance sheet for venture investments, according to a Thursday press release. The fund targets high-growth sectors such as stablecoins, tokenization, and payments, as well as the software layers that support them. Read more -
Cointelegraph.com - 01:54 Jun 26, 2025
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 -
Cointelegraph.com - 23:32 Jun 25, 2025
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 -
Cointelegraph.com - 22:39 Jun 25, 2025
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 -
Cointelegraph.com - 22:02 Jun 25, 2025
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... -
Cointelegraph.com - 21:45 Jun 25, 2025
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 -
Cointelegraph.com - 20:43 Jun 25, 2025
Data shows spot Bitcoin ETF inflows are largely unhedged, pointing to real institutional investor conviction and BTC’s growing role as a macro-driven financial asset. Key takeaways: Avenir Group and Glassnode data conclude that a significant portion of spot BTC ETF inflows are unhedged, long-only positions, indicating genuine institutional conviction rather than reliance on short-term arbitrage strategies. BTC continues to behave like a traditional macro asset with strong correlations to equities, gold and liquidity cycles, while inversely tracking the dollar and high-yield credit spreads. Read more -
Cointelegraph.com - 20:29 Jun 25, 2025
Cynthia Lummis said she expects the CLARITY Act and GENIUS Act to pass through Congress and be ready for the president’s signature by the end of the year. Wyoming Senator Cynthia Lummis said she expects Congress to pass two pieces of crypto legislation related to stablecoins and market structure “before the end of this calendar year.” Speaking at the Bitcoin Policy Summit in Washington, D.C., on Wednesday, Lummis discussed the progress of the Digital Asset Market Clarity, or CLARITY Act, in the House of Representatives and the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, in the Senate. Lummis said she would be “extremely disappointed” if the two bills did not pass through Congress by 2026. Read more -
Cointelegraph.com - 19:53 Jun 25, 2025
Federal Housing Finance Agency director William J. Pulte ordered the two government-sponsored enterprises to prepare to consider crypto for mortgage loan risk assessments. The US Federal Housing Finance Agency (FHFA) has ordered home mortgage purchasers Fannie Mae and Freddie Mac to consider how to count cryptocurrencies as assets in their risk assessments for some home loans. FHFA director William J. Pulte told both of the government-sponsored enterprises (GSEs) in a letter on Wednesday to “prepare a proposal for consideration of cryptocurrency as an asset for reserves in their respective single-family mortgage loan risk assessments, without conversion of said cryptocurrency to U.S. dollars.” The order means the two GSEs could consider potential borrowers’ crypto holdings when they apply for a mortgage, which Pulte said “has not typically been considered” in mortgage risk assessments without first converting the crypto to US dollars. Read more -
Cointelegraph.com - 19:20 Jun 25, 2025
Bitcoin bulls appear poised to win the upcoming $20 billion options expiry, raising the chances for a rally to $110,000. Key takeaway: Bitcoin bulls aim to secure the $105K support as $20B in monthly options expire on Friday. Bitcoin (BTC) traders are closely watching the $20 billion monthly options expiry set for Friday. Although Bitcoin is down 1.5% over the past 30 days, traders who used options to hedge against downside risk were already bracing for a steeper decline. Read more -
Cointelegraph.com - 18:54 Jun 25, 2025
The move comes as a debate is unfolding in the UK on whether users should be allowed to buy cryptocurrencies with credit cards. United Kingdom-based bank Barclays will begin blocking crypto transactions made through its Barclaycard credit cards starting Friday, citing risks associated with cryptocurrencies volatility. According to the bank's website, the decision was based on concerns over volatile token prices and the lack of regulatory guardrails for investors. “We’re doing this because a fall in the price of crypto assets could lead to customers finding themselves in debt they can’t afford to repay,” said Barclays, adding that: A Barclays spokesperson declined to further comment on the decision. Read more -
Cointelegraph.com - 18:33 Jun 25, 2025
From robotic pets and digital currencies to virtual reality, some of the biggest innovations were once considered failures. Before they were in every home, some of the most essential gadgets of today were technological punchlines, too weird, too early, too expensive or just plain bad. In the ’90s and early 2000s, inventors and engineers dreamed big, but consumer tech often struggled to deliver on its promise. Whether it was a robotic pet that couldn’t love you back, a vacuum that kept slamming into furniture or a digital currency no one could figure out how to use, many of these innovations failed hard. Read more -
Cointelegraph.com - 18:20 Jun 25, 2025
Bitcoin price continues moving higher as a ceasefire between Iran and Israel holds and traders anticipate a round of interest rate cuts from the US Federal Reserve. Key points: Bitcoin’s relief rally rose above $108,000, but the bulls may struggle to push and sustain the price above the all-time high of $111,980. Several major altcoins have bounced off their recent lows but are not finding buyers at higher levels. Read more -
Cointelegraph.com - 17:41 Jun 25, 2025
In a Wednesday status conference, the judge overseeing the Terraform Labs co-founder’s case reportedly said he was “mindful of the GENIUS Act.” Terraform Labs co-founder Do Kwon, facing criminal charges in US federal court, could see a change in his indictment based on bills currently moving through the US Congress. According to reporting from Inner City Press, Kwon’s lawyers and prosecutors met for a status conference before Judge Paul Engelmayer in the US District Court for the Southern District of New York on Wednesday. The judge reportedly said he was “mindful of the GENIUS Act,” suggesting that it could impact Kwon’s charges on securities fraud. The GENIUS Act, or the Guiding and Establishing National Innovation for US Stablecoins, passed the US Senate on June 17, but still faces a possible vote in the House of Representatives before US President Donald Trump decides whether to sign the bill into law. The legislation, targeting regulations for payment stablecoins, could affect Kwon’s charges related to...
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