CryptoSlate

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Found 2950 news

  • FTX token (FTT) spikes 50% as Sam Bankman-Fried seeks presidential pardon
    CryptoSlate - 19:10 Jun 08, 2026
    Sam Bankman-Fried (SBF), the disgraced founder of the bankrupt FTX exchange, is serving a quarter-century in federal prison for orchestrating one of the largest financial frauds in US history. Yet, crypto speculators are wagering that a newly filed presidential pardon application could somehow reverse his fortunes. This week, the disgraced FTX founder officially requested executive […] The post FTX token (FTT) spikes 50% as Sam Bankman-Fried seeks presidential pardon appeared first on CryptoSlate.
    Tags: Sam Bankman-Fried
  • World Cup prediction markets hit $2B before kickoff as Spain and France go head to head
    CryptoSlate - 18:35 Jun 08, 2026
    The FIFA World Cup has become a multibillion-dollar trading event before its June 11 kickoff, with prediction-market traders nearly split on whether Spain or France should be treated as the team to beat in the tournament. Polymarket data show Spain and France each trading near a 16% implied chance of winning the tournament, ahead of […] The post World Cup prediction markets hit $2B before kickoff as Spain and France go head to head appeared first on CryptoSlate.
    Tags: World France Spain
  • A $239B claim on dormant Bitcoin wallets faces a new obstacle after old address moves
    CryptoSlate - 16:20 Jun 08, 2026
    A June 5 court stay and a June 2 spend turned the Noah Doe case into a test of legal title versus private-key control. The post A $239B claim on dormant Bitcoin wallets faces a new obstacle after old address moves appeared first on CryptoSlate.
    Tags: Bitcoin
  • Congress is weighing whether crypto tax relief should stop at stablecoins
    CryptoSlate - 14:10 Jun 08, 2026
    A June 9 Ways and Means hearing pushes crypto policy into the tax code, where small payments, stablecoin use, network fees, mining, staking, and donations all face the same usability test. The post Congress is weighing whether crypto tax relief should stop at stablecoins appeared first on CryptoSlate.
    Tags: Congress
  • Big banks may have found their answer to the CLARITY Act’s stablecoin challenge
    CryptoSlate - 12:05 Jun 08, 2026
    The Clearing House plan gives banks 24/7 tokenized settlement while keeping customer money inside regulated deposit accounts. The post Big banks may have found their answer to the CLARITY Act’s stablecoin challenge appeared first on CryptoSlate.
    Tags: CLARITY
  • Bitcoin price rebound wobbles as Israel defies Trump and hits Iran, sending oil back toward $100
    CryptoSlate - 10:40 Jun 08, 2026
    Bitcoin's brief weekend rally lost its footing as a sudden resumption of military hostilities between Israel and Iran triggered a broad rotation away from risk-on investments. The geopolitical escalation, which defied explicit diplomatic pressure from Washington, sent global energy benchmarks surging and equity markets lower, leaving BTC to defend a highly fragile $60,000 baseline. Data […] The post Bitcoin price rebound wobbles as Israel defies Trump and hits Iran, sending oil back toward $100 appeared first on CryptoSlate.
    Tags: Iran Bitcoin Israel Trump
  • Trump’s family crypto feud spills into customer accounts after wallet freeze
    CryptoSlate - 08:58 Jun 08, 2026
    Crypto exchange HTX will permanently remove President Donald Trump-backed World Liberty Financial’s fiat-backed USD1 stablecoin from its trading platform. Beginning June 7, the digital asset exchange said it will systematically convert all eligible retail customer balances of the USD1 token into Tether (USDT) at a strict one-to-one valuation. This intervention arrives as direct retaliation after […] The post Trump’s family crypto feud spills into customer accounts after wallet freeze appeared first on CryptoSlate.
    Tags: Trump
  • Morgan Stanley’s Galaxy deal points to Bitcoin’s next institutional test: lending collateral
    CryptoSlate - 07:04 Jun 08, 2026
    Morgan Stanley announced on June 5 that eligible wealth management clients can now lend Bitcoin, Ethereum, or Solana to Galaxy Digital and receive shares of spot crypto exchange-traded products in return. Galaxy will coordinate an in-kind creation with an authorized participant, then deliver ETP shares directly into the client's chosen account. Onboarding timelines that previously […] The post Morgan Stanley’s Galaxy deal points to Bitcoin’s next institutional test: lending collateral appeared first on CryptoSlate.
    Tags: Galaxy Bitcoin Morgan Stanley
  • Ethereum’s $1,500 test shows how quickly Wall Street’s crypto trade has turned
    CryptoSlate - 19:20 Jun 07, 2026
    Ethereum’s slide to its lowest level in more than a year is testing the Wall Street trade that brought the token deeper into institutional portfolios. Data from CryptoSlate shows that the second-largest cryptocurrency fell to as low as $1,506 during the last 24 hours, its weakest level since April 2025, extending a broad crypto selloff […] The post Ethereum’s $1,500 test shows how quickly Wall Street’s crypto trade has turned appeared first on CryptoSlate.
    Tags: Wall Street Ethereum
  • DeFi’s old hack vectors are fading – But the new risk can hit six chains at once
    CryptoSlate - 17:10 Jun 07, 2026
    Decentralized finance has gotten a lot safer over the past six years, and a new review of protocol losses from 2020 through 2025 puts a pretty large number behind that claim. Industry-wide DeFi losses peaked at $2.62 billion in 2022 and fell roughly 80% to $534 million by 2024. Bridge hacks that once produced billion-dollar […] The post DeFi’s old hack vectors are fading – But the new risk can hit six chains at once appeared first on CryptoSlate.
    Tags: DeFi
  • Crypto rails made prediction markets global, gambling laws may make them local again
    CryptoSlate - 15:20 Jun 07, 2026
    South Korean police opened the country's first illegal gambling probe into domestic Polymarket users on Jun. 5, targeting residents who placed bets on the Jun. 3 local election outcomes. The Gangwon Provincial Police Agency is leading the investigation at the request of the National Police Agency, tracing cryptocurrency transaction records to identify users nationwide. Those […] The post Crypto rails made prediction markets global, gambling laws may make them local again appeared first on CryptoSlate.
    Tags: Crypto
  • AI’s power race is shifting leverage from chipmakers like NVIDIA to the grid
    CryptoSlate - 14:05 Jun 07, 2026
    AI has hit an electricity problem. Running it takes staggering amounts of power; demand in the US is climbing faster than the grid can keep up, and that's handing enormous leverage to the companies that generate and deliver it. On June 2, the Electric Reliability Council of Texas voted to overhaul how it admits large […] The post AI’s power race is shifting leverage from chipmakers like NVIDIA to the grid appeared first on CryptoSlate.
    Tags: Nvidia
  • CLARITY Act chances of passage this year falls to 60%, Galaxy Digital says
    CryptoSlate - 13:10 Jun 07, 2026
    The CLARITY Act, the crypto industry’s biggest bill in Congress, is losing momentum just weeks after clearing a key Senate committee, raising the risk that Washington’s first major digital asset rulebook slips deeper into an election year. Galaxy Digital lowered its estimate that the CLARITY Act will become law in 2026 to 60% from 75%, […] The post CLARITY Act chances of passage this year falls to 60%, Galaxy Digital says appeared first on CryptoSlate.
    Tags: Galaxy Digital CLARITY
  • A needed $900B Treasury cash rebuild could quietly drain the liquidity Bitcoin needs
    CryptoSlate - 11:16 Jun 07, 2026
    Bitcoin traders have spent the past week bracing for the wrong kind of surprise, watching rate-cut bets evaporate as a run of firm labor data pushed the odds of a Federal Reserve hike by year-end toward 85% and dragged the 10-year Treasury yield up near 4.5%. Understandably, it dominates the screens, given how much of […] The post A needed $900B Treasury cash rebuild could quietly drain the liquidity Bitcoin needs appeared first on CryptoSlate.
    Tags: Bitcoin Treasury
  • Hyperliquid’s UK warning reveals the regulatory test behind its Wall Street push
    CryptoSlate - 19:10 Jun 06, 2026
    Hyperliquid’s rapid growth has drawn a warning from Britain’s financial regulator, adding a consumer-protection concern to a platform increasingly watched by Wall Street and traditional market operators. The Financial Conduct Authority (FCA) placed Hyperliquid and the Hyper Foundation on its warning list, saying the firm may be providing or promoting financial services in the UK […] The post Hyperliquid’s UK warning reveals the regulatory test behind its Wall Street push appeared first on CryptoSlate.
    Tags: Wall Street Hyperliquid
  • AI’s $800 billion spending boom is becoming Bitcoin’s Fed problem
    CryptoSlate - 17:05 Jun 06, 2026
    For the better part of two years, Wall Street has treated AI as the most bullish trade on the board, a growth engine that turbocharges earnings, underwrites stretched valuations, and promises a productivity windfall somewhere down the road. However, the Fed has access to the same numbers and seems to be more inclined to treat […] The post AI’s $800 billion spending boom is becoming Bitcoin’s Fed problem appeared first on CryptoSlate.
    Tags: Bitcoin
  • May jobs report explained: Why 172,000 jobs means higher rates, pricier loans, and a Bitcoin drop
    CryptoSlate - 15:39 Jun 06, 2026
    The US economy added 172,000 jobs in May, more than double the 80,000 that Wall Street economists had expected, and the unemployment rate held at 4.3%. The Bureau of Labor Statistics (BLS) also revised March and April higher by a combined 93,000 positions, which left the spring looking much stronger than anyone believed a month […] The post May jobs report explained: Why 172,000 jobs means higher rates, pricier loans, and a Bitcoin drop appeared first on CryptoSlate.
    Tags: Bitcoin
  • Crypto exchanges are losing retail traders but are filling the gap with Wall Street-style bets
    CryptoSlate - 08:00 Jun 06, 2026
    Crypto exchanges are seeing the weakest retail-driven activity in years, but some of the biggest platforms are finding a lucrative new source of volume in Wall Street-style bets on gold, silver, oil, stocks, and indexes. According to a CryptoQuant report shared with CryptoSlate, the shift is emerging during one of the weakest trading periods for […] The post Crypto exchanges are losing retail traders but are filling the gap with Wall Street-style bets appeared first on CryptoSlate.
    Tags: Crypto Wall Street-style
  • A little-known 1,250% rule could lock US banks out of Bitcoin
    CryptoSlate - 05:30 Jun 06, 2026
    A group of Republican senators is warning US bank regulators that a little-known capital rule could effectively keep banks out of Bitcoin, even as Congress moves to give traditional financial firms a larger role in digital asset markets. In a May 27 letter to Federal Reserve Vice Chair for Supervision Michelle Bowman, FDIC Chair Travis […] The post A little-known 1,250% rule could lock US banks out of Bitcoin appeared first on CryptoSlate.
    Tags: Bitcoin
  • Cardano founder floats splitting his own blockchain after warning more apps will die
    CryptoSlate - 19:05 Jun 05, 2026
    Charles Hoskinson raised the possibility of splitting Cardano after the collapse of one of its best-known ecosystem tools exposed a deeper fight over money, governance, and who has the power to keep builders alive on the network. This week, the Cardano founder floated what he called a “nuclear option,” saying a new Cardano could be […] The post Cardano founder floats splitting his own blockchain after warning more apps will die appeared first on CryptoSlate.
    Tags: Cardano

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