The United States Securities and Exchange Commission has delayed making a decision regarding the XRP ETF filed by Franklin Templeton. Moreover, the Commission is now inviting public comment on whether to approve or deny the proposal, which was formally proposed for listing the Chicago Board Options Exchange (CBOE). NEW: Following a prior delay to June
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Polygon’s zero-knowledge chain, zkEVM, which was originally acquired through the $250 million purchase of Hermez in 2021, appears to have fallen flat. According to GrowThePie’s research lead, Lorenz Lehmann, Polygon zkEVM has seen little meaningful progress since its rebranding and is now operating at an annual loss of over $1 million. Lehmann claims development on
AI-powered education group Genius Group has boosted its Bitcoin holdings by more than 50% in a renewed show of confidence in the digital asset. The company disclosed that it increased its corporate Bitcoin treasury from 66 BTC to 100 BTC, an addition of 34 BTC worth approximately $3.42 million, which brings the total value of
In a display of cryptos long game paying off, a participant in Ethereums 2014 Initial Coin Offering (ICO) awoke after 10 years of dormancy and deposited 2,000 ETH that they had acquired at the time onto Binance. If they cashed out, the potential windfall from a mere $620 investment during Ethereums genesis would represent an
On June 17, the Thai government approved in principle a tax exemption to promote the country as a Global Digital Asset Hub. Deputy Minister of Finance, Mr. Julapun Amornvivat, announced the measure, labelling it a move to increase investment, stimulate economic activity, and drive long-term growth. This tax adjustment will enhance the growth of Thailands
Iranian cryptocurrency exchange Nobitex has suffered a security breach that led to the unauthorized transfer of approximately $48.65 million worth of crypto assets on the Tron network, according to on-chain sleuth ZachXBT. The exchange confirmed that a portion of its hot wallets and reporting infrastructure had been compromised. In an official statement, Nobitex said all
This weekend saw significant headlines in crypto, including financial disclosures tied to a high-profile political figure, a new decentralized exchange announcement from a major platform, and a criminal case involving a social media trader. Here are the top stories that stood out over the past few days. Donald Trump reportedly earned more than $57 million
MemeStrategy, a Hong Kong-based digital asset company, has announced the open market purchase of 2,440 units of Solana’s native SOL token. This makes it the first publicly listed company in Asia to invest in the sixth-largest cryptocurrency by market cap. According to a company press release, the acquisition was worth approximately $377,000 and was made
Geopolitical uncertainty hurt risk assets last week, but digital assets showed notable resilience, pulling in capital alongside traditional safe havens like gold. Weekly inflows into digital asset products reached $1.9 billion, extending a nine-week positive trend. Altogether, inflows during this streak hit $12.9 billion, with year-to-date figures now at a record $13.2 billion. According to
The case between Ripple Labs and the US Securities and Exchange Commission received a long-awaited updated on June 16th, as the institution submitted a status report, which more or less asks for an extension of a previous deadline. AsCryptoPotatoreported earlier this month, both parties managed to reach an agreement regarding the fine that Ripple has
Total crypto market capitalization shed around $80 billion over a few hours late on Monday night as Middle East tensions escalated. It fell marginally to around $3.44 trillion as Bitcoin dipped by over $2,000 in a decline to around $106,500 before it immediately started to recover and reclaim $107,000 at the time of writing. The
A golden cross on the daily Ethereum chart is approaching, signaling a long-term trend change and potential breakout.The last time this happened, ETH pumped 35% in a few weeks, observed entrepreneur Ted Pillows on X. A golden cross occurs when a faster-moving average crosses above a slower-moving one. In this case, the 50-day exponential moving
It has been over a decade and a half since Bitcoin and blockchain technologies emerged. However, the cryptocurrency sector has witnessed more widespread adoption than ever before over the past year. According to the State of Crypto 2025 report from the digital asset exchange Coinbases research team, small business operations and real-world use cases, like
Market experts have consistently emphasized that cryptocurrencies require increasing liquidity to sustain a prolonged rally. As it stands, the crypto market could be on the brink of an explosion due to the kind of growth being recorded in the stablecoin sector. The latest weekly report from the market research platform CryptoQuant has revealed that the
Five men have pleaded guilty to their roles in laundering more than $36.9 million from victims of an international crypto investment scam conspiracy. The money was stolen from defrauded investors in the U.S. through a web of shell companies, offshore accounts, and digital asset wallets. The U.S Department of Justice (DOJ) secured guilty pleas from
Binance revealed that it has played a central role in dismantling Incognito Market, a notorious darknet drug marketplace that facilitated more than $100 million in illegal narcotics sales, according to US and Taiwanese law enforcement agencies. The takedown was part of a broader international investigation, codenamed Operation RapTor, which targeted the darknet platform’s operators and
Strategy co-founder Michael Saylor met with Pakistani officials, including State Minister on Blockchain Bilal Bin Saqib and Finance Minister Muhammad Aurangzeb, according to a June 15 Dawn News report. Saylor praised Pakistans progressive approach to cryptocurrency adoption and urged the country to consider Bitcoin as a sovereign reserve asset for monetary resilience. Bitcoin is the
Prominent perpetual futures exchange, Hyperliquid, is making headlines for generating enormous profits for its top users. Recent data from the platform revealed an exclusive club of traders with at least $10 million in lifetime profits, often backed by significant capital or extreme leverage. An analysis of Hyperliquids live leaderboard shows 181 such users, with the
Mercurity Fintech Holding announced plans to raise $800 million to establish a Bitcoin treasury reserve. The New York-based digital fintech firm aims to use the funds to acquire and hold BTC as part of a broader strategy to reshape its treasury operations through tokenized finance. According to the official press release, MFH plans to store
Christine Kim, former Vice President of Research at Galaxy Digital, has shared her concerns about the new leadership structure at the Ethereum Foundation (EF). She pointed out that key people are now handling too many roles and said the new organizational chart is confusing. In a July 11 X post, Kim noted that Tim Beiko,
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