Cointelegraph.com
Source:
https://cointelegraph.com
Found 10200 news
-
Cointelegraph.com - 14:40 Jun 03, 2026
Kraken and xStocks Alliance will let eligible users seek allocations in US IPOs at the offering price through tokenized shares in coming weeks. Retail investors will soon be able to participate in US initial public offerings (IPOs) at the offering price through a new tokenized equities program from Payward Services, a Kraken-affiliated company. In a Wednesday announcement, Payward Services said customers of Kraken and select members of its xStocks Alliance will be able to express interest in US-listed IPOs before companies go public and receive allocations of tokenized shares on listing day. According to the company, the shares will be issued at the IPO offering price and backed 1:1 by the underlying stock held in custody by a regulated entity, allowing eligible retail investors to access allocations that are typically reserved for institutional clients. Read more -
Cointelegraph.com - 14:33 Jun 03, 2026
Zcash Open Development Lab said the network briefly became unstable as miners upgraded, while the Zcash Foundation said there was no evidence of an exploit. Zcash developers temporarily suspended Orchard transactions after discovering a critical vulnerability in the privacy-focused blockchain’s latest shielded pool, then restored functionality through an emergency network upgrade. On Wednesday, the Zcash Foundation said the vulnerability affected Orchard’s zero-knowledge proof circuit and could have allowed invalid state transitions within the pool. However, the Foundation said there was no evidence that the bug was exploited, no unauthorized value creation was detected, and user privacy was not affected. The fix was carried out through a two-step emergency upgrade. Zebra 4.5.3 temporarily disabled Orchard actions, while Zebra 5.0.0 activated the NU6.2 upgrade to re-enable Orchard with a corrected circuit, according to the Foundation. Read more -
Cointelegraph.com - 14:14 Jun 03, 2026
Trezor and Tropic Square disclosed a TROPIC01 chip vulnerability found during a Ledger Donjon audit, saying the Safe 7 wallet and user funds remain secure. Hardware wallet company Trezor and chipmaker Tropic Square have disclosed a vulnerability in one of the secure elements used in Trezor Safe 7 hardware wallet, saying the flaw does not put user funds at risk because the chip alone cannot expose a wallet. The vulnerability was identified during an independent security audit conducted by Ledger Donjon, the security research team at rival hardware wallet maker Ledger, according to a Trezor statement. Tropic Square provided the affected TROPIC01 Secure Element chip to the Ledger Donjon team for an independent audit. The companies said compromising TROPIC01 alone would not be enough to access a user’s wallet, PIN or funds. Read more -
Cointelegraph.com - 14:00 Jun 03, 2026
Russian ruble-backed stablecoin A7A5 processed over $110 billion in transactions despite Western sanctions, according to CertiK. The Russian ruble-backed A7A5 stablecoin continued to grow despite Western sanctions, processing more than $110 billion in cumulative onchain transactions, according to CertiK. CertiK said A7A5 captured about 43% of the global non-US dollar stablecoin market, and that its holder count rose from 13,000 to 29,000 wallets between February 2025 and May 2026. The security company described A7A5 as one of the clearest examples of a sanctions-evasion stablecoin ecosystem, linking it to Russian cross-border settlement companies. Read more -
Cointelegraph.com - 13:11 Jun 03, 2026
The FCA has urged clubs to rethink deals with unauthorized crypto and trading sponsors, warning that fans risk losing all their money and teams face legal and reputational fallout. Update (June 3, 1 pm, UTC): This article has been updated to include a comment from a spokesperson at BingX. The United Kingdom's financial regulator has warned football clubs, including those in the Premier League, to avoid sponsorship deals with unauthorized financial companies amid concerns that fans are being pushed toward risky crypto and trading platforms with no protections. In a Wednesday press release, the Financial Conduct Authority (FCA) said several unauthorized firms, including crypto businesses and online trading platforms, are using football sponsorships to target “unwitting” supporters. Read more -
Cointelegraph.com - 11:48 Jun 03, 2026
The payments giant said USDC, PYUSD, RLUSD and other stablecoins will support new settlement options across multiple blockchains. Mastercard announced its plans to expand its settlement capabilities to let issuers and acquirers settle some card transactions using regulated stablecoins. On Wednesday, Mastercard said the new capabilities will include intraday, weekend and holiday card settlement, supporting both fiat currencies and onchain settlement through regulated stablecoins. The company said the new options are designed to give its partners more flexibility in managing settlement liquidity and timing. The expansion shows stablecoins moving deeper into mainstream financial infrastructure as major payments networks test tokenized dollars for settlement. It follows Mastercard securing a New York BitLicense in May, allowing its US transaction services unit to conduct regulated digital asset business activity in the state. Read more -
Cointelegraph.com - 10:48 Jun 03, 2026
Bitcoin's drop to $65,000 triggered over $1.8 billion in crypto liquidations as traders brace for a test of $60,000 as support. Bitcoin (BTC) has dropped 8% to a nine-week low of $65,360 from Tuesday’s high of $71,300 amid increasing geopolitical risks surrounding the US-Iran war. Key takeaways: Data from TradingView showed new BTC price lows of $65,362 on Bitstamp, the lowest since March 29 as sellers stayed in control. Read more -
Cointelegraph.com - 10:16 Jun 03, 2026
Bitcoin sparked two-month lows in the Crypto Fear & Greed Index while analysis predicted a "catch-up" with record highs in stocks. Bitcoin (BTC) is due a “relief bounce” next as crypto market sentiment hits two-month lows. Key points: Read more -
Cointelegraph.com - 06:58 Jun 03, 2026
Some of the information that New York and the European Union’s watchdogs will share includes the issued stablecoins, total volume in circulation and the number of holders. The European Banking Authority and the New York State Department of Financial Services (NYDFS) have signed a memorandum of understanding to police cross-border stablecoin activities. The EBA said on Tuesday that the deal is part of its duties under the Markets in Crypto-Assets (MiCA) Regulation and sets out principles and procedures for exchanging information and coordinating stablecoin supervisory activities, market trends, and risks between New York and the European Union. NYDFS said the deal would “enhance the supervision of entities engaged in stablecoin activities, identify market trends and risks, and promote the integrity of the stablecoin market.” Read more -
Cointelegraph.com - 06:18 Jun 03, 2026
Bitcoin saw its largest daily drop since early February on Tuesday as the cryptocurrency shed more than $4,500 in a single day. Bitcoin prices have dropped 7% on the day, breaking key support to a nine-week low after the US and Iran launched fresh strikes as talks over a possible ceasefire have stalled. Bitcoin (BTC) fell to $65,385 on Coinbase in early trading on Wednesday, its lowest level since late March, according to TradingView. The slump follows the largest daily fall since Feb. 5 as BTC shed more than $4,500 on Tuesday. Read more -
Cointelegraph.com - 06:12 Jun 03, 2026
The sanctions come four days after Treasury Secretary Scott Bessent said the US had seized nearly $1 billion in crypto from Iranian crypto exchanges and wallets since late February. The US Treasury has sanctioned four Iranian crypto exchanges, including the country’s largest, Nobitex, marking the latest effort in its campaign called “Economic Fury” that aims to cut Iran off from the financial system. The Treasury said on Tuesday that it added crypto exchanges Wallex, Bitpin and Ramzinex to the Office of Foreign Assets Control’s sanction list, prohibiting US businesses and persons from providing services to those platforms. “While Iran’s economy is in free fall, the regime has chosen to co-opt digital asset technologies for its own corrupt agenda, including evading sanctions and transferring wealth out of the country,” said Treasury Secretary Scott Bessent. Read more -
Cointelegraph.com - 05:01 Jun 03, 2026
AI robotics company Figure posted several videos on X throughout May showcasing its robots performing basic tasks, including cleaning a room and sorting packages. Modern artificial intelligence-powered robots are impressive in their capabilities, but are still years away from replacing humans as they can’t yet adapt to changing conditions, researchers say. Last month, AI robotics company Figure showcased its humanoid robots performing basic tasks, such as cleaning a room, but a series of robots working for nine days straight sorting packages sparked conversation about how soon robots could replace jobs. Oliver Obst, an associate professor of robotics at the Australia based University of New South Wales, told Cointelegraph that repetitive jobs such as physical work in structured environments are currently most at risk of being replaced by robots, while administrative and document-processing tasks could be replaced by AI. Read more -
Cointelegraph.com - 04:31 Jun 03, 2026
“Investors still believe in crypto, but now that it’s a contrarian bet, they favor fundamentals over vibes,” says Bitwise investment chief Matt Hougan. Crypto is turning into a “contrarian bet” as institutional investors are being drawn to artificial intelligence stocks, says Bitwise chief investment officer Matt Hougan. “The crypto market is brutal right now,” Hougan wrote in a market note on Tuesday. “One major reason is that crypto is no longer the belle of the ball. AI stocks, robotics companies, SpaceX … who needs crypto when the Nasdaq-100 is up 43% year-over-year?” Stocks linked to companies involved in AI have skyrocketed as the technology has captured investor attention after OpenAI launched ChatGPT to the public in late 2022. Shares in Nvidia, which makes computing components key to AI, have gained nearly 1,500% since ChatGPT’s launch. Read more -
Cointelegraph.com - 02:45 Jun 03, 2026
Despite the planned wind-down, TapTools says it is open to being acquired or taking on external resources to continue maintaining the platform. TapTools, a Cardano-focused real-time analytics platform, has begun winding down after its fifth top-level executive departure, compounding leadership instability and making continued operations unsustainable. TapTools said in a post to X on Tuesday that it would begin winding down over the next two weeks, and noted the departure of its two co-founders, chief operating officer and chief technology officer earlier this year. “We worked hard to adapt,” TapTools said, adding that its backend developer had become its CTO as the platform shifted its focus toward shipping products more sustainably; however, they have since departed, and “the technical knowledge required to responsibly operate and maintain TapTools cannot be replaced overnight.” Read more -
Cointelegraph.com - 00:01 Jun 03, 2026
A UK House of Lords committee warned that strict stablecoin rules could make pound sterling tokens commercially unworkable despite supporting regulation. The United Kingdom should press ahead with stablecoin regulation but avoid rules that make a pound sterling stablecoin market commercially unworkable, a House of Lords committee warned in a report released Wednesday. The cross-party Financial Services Regulation Committee said the UK was “lagging behind” the United States and the European Union and that the absence of a clear regime has “suppressed stablecoin development and investment in the UK,” despite the growth of global US dollar-pegged tokens such as USDt (USDT) and USDC (USDC). While backing much of the Bank of England (BoE) and Financial Conduct Authority’s proposed framework, the committee warned that some measures risk undermining the viability and competitiveness of UK-issued stablecoins. Read more -
Cointelegraph.com - 22:44 Jun 02, 2026
The three members of Congress said the volatility of digital assets and “lack of regulation and safeguards” could put Americans’ retirement savings at risk. Top Democrats on three House and Senate committees called on the US Labor Department to halt its plans to allow digital assets and “alternative assets” to be held in Americans' retirement plans. In a Tuesday letter, Senator Bernie Sanders, Senator Elizabeth Warren and Representative Bobby Scott asked acting Labor Secretary Keith Sonderling to rescind the department’s proposal to allow private equity, digital assets, private credit, and other “alternative assets” to be included in 401(k) plans. Source: Senate Banking Committee Read more -
Cointelegraph.com - 22:17 Jun 02, 2026
The regulator’s five-year roadmap calls for clearer crypto rules, support for tokenization and a framework for staking and onchain markets. The US Securities and Exchange Commission (SEC) has elevated digital assets to a strategic priority, calling for regulatory clarity around blockchain technology, tokenization and crypto market infrastructure through 2030. The shift was outlined in the agency’s draft Strategic Plan for fiscal years 2026–2030, published Tuesday. Alongside broader goals focused on capital formation, investor protection and agency modernization, the SEC dedicated an entire objective to digital assets and distributed ledger technology. The agency said it aims to “provide a firm regulatory foundation for digital assets and distributed ledger technologies through a rational, coherent, and principled approach,” adding: Read more -
Cointelegraph.com - 21:16 Jun 02, 2026
Bitcoin and altcoin prices crumbled as BTC lost the $70,000 level. Will investors’ pivot to AI stocks continue to weigh on crypto markets? Key takeaways: Bitcoin (BTC) faced a sharp 9% drop over 48 hours, hitting the $67,000 support for the first time in two months. This correction wiped out a substantial $176 billion from the total crypto market cap in just two days, triggering $1.5 billion in forced liquidations for overleveraged long positions. Traders remain uncertain about the drivers behind crypto's underperformance, especially since US equities have shown notable strength. Read more -
Cointelegraph.com - 21:06 Jun 02, 2026
An affiliate of a political action committee backed by crypto companies ramped up spending on ads in California ahead of Tuesday’s primaries, but still has millions of dollars at stake in Maryland later this month. While residents of California, Iowa, Montana, New Jersey, New Mexico and South Dakota are voting today in Democratic and Republican Congressional primaries, the cryptocurrency industry is more focused on the Maryland primaries later this month. According to filings with the US Federal Election Commission (FEC) as of Tuesday, the Coinbase- and Ripple-backed political action committee (PAC) Fairshake affiliate Protect Progress spent about $3 million combined to support Democratic candidates in House races across California and New Jersey. Another affiliate, Defend American Jobs, spent more than $411,000 to support Republican Senator Mike Rounds’ reelection bid in South Dakota. In addition to its activities in California, Protect Progress appeared to be prepared for significant spending in Maryland, w... -
Cointelegraph.com - 20:09 Jun 02, 2026
The exchange has invested an undisclosed amount in ProShares’ Treasury-focused ETF built for the post-GENIUS era as lawmakers debate whether stablecoin issuers can offer yield-bearing products. Crypto exchange Coinbase has invested in ProShares' stablecoin-focused money market fund, betting that demand for stablecoin reserve-management products will grow as the recently enacted GENIUS Act formalizes the types of assets that can back US dollar-pegged tokens. Coinbase (COIN) announced Tuesday that it made an undisclosed investment in the ProShares GENIUS Money Market ETF (IQMM), which is designed to hold assets that qualify as reserves for payment stablecoins under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The GENIUS Act requires stablecoin issuers to back their tokens with highly liquid assets, including cash, bank deposits and short-term US Treasury securities. IQMM was created to provide exposure to those types of reserve assets through a publicly traded fund structure...
10200 items