All crypto stories, newest first.
WhiteBIT, a major European crypto exchange, has obtained a MiCA license in Austria, allowing it to operate across the EU. This comes just before the July 1 deadline when unlicensed exchanges must stop serving EU clients.
Morgan Stanley has filed amendments for Ethereum (ETH) and Solana (SOL) ETFs, indicating progress in the approval process. The proposed fees are the lowest in the market, potentially making these ETFs more attractive to investors.
Microsoft has identified a new malware strain that spreads through USB drives and steals cryptocurrency by hijacking clipboard data. The malware intercepts transfers and replaces wallet addresses with its own, redirecting funds to the attackers.
Bitcoin is trading about 19% below its estimated $78,000 production cost, making mining unprofitable for roughly 20% of the industry and forcing public miners into record coin sales.
GoMining unveiled GoBTC Pay, a bitcoin payment protocol with an SDK and programmable access, enabling merchants to accept BTC for everyday purchases. This directly challenges Jack Dorsey's Square in the payments space.
Franklin Templeton has filed for two Bitcoin DRIP ETFs that reinvest stock dividends into Bitcoin. This novel structure could make Bitcoin more accessible to traditional investors.
Fidelity has introduced a new money market fund that invests exclusively in assets permitted for stablecoin issuers under the GENIUS Act. This move aims to provide stablecoin issuers with compliant, high-quality reserve options.
Hsiao-Wei Wang, co-executive director of the Ethereum Foundation, has resigned. This follows the departure of fellow co-executive director Tomasz Stańczak, marking the latest in a string of high-profile exits at the foundation.
Former Ethereum Foundation contributor VanEpps warned that Ethereum could face a core development funding crisis within 3-9 months after the Critical Infrastructure Program (CIP) expired.
Digital Credit experienced significant volatility, testing holders' resilience. The data underlying this turbulence offers valuable insights worth examining. The exact nature of the volatility and the specific data points are not detailed in the source, but the tweet hints at interesting findings beneath the surface.
1. OVERNIGHT MOVES
BlackRock's new Bitcoin Premium Income ETF (BITA) uses a covered-call strategy on its spot Bitcoin ETF holdings to generate monthly income. The firm's executive emphasizes Bitcoin's growing importance in the financial landscape.
Bitcoin network activity is approaching all-time highs due to a surge in low-value transactions, driven by increased OP_RETURN usage. This growth is happening even as Bitcoin's price remains relatively stable, highlighting the network's utility beyond speculation.
Base's Beryl upgrade introduces the B20 native token standard, cuts withdrawal delays to 5 days, and activates on mainnet June 25.
AllUnity has introduced SEKAU, a stablecoin fully backed by the Swedish krona, operating under the EU's MiCA framework. This move expands the company's stablecoin offerings and supports multi-chain transactions.
Algorand is working on upgrades to protect its blockchain from potential threats posed by quantum computing. The company plans to have these security measures in place by the end of 2027. This is a proactive step to safeguard user data and transactions against future technological advancements.
Aave, a major DeFi lending platform, handled $8.45 billion in withdrawals without freezing funds, but the event exposed hidden risks in decentralized finance. Experts warn that such stress tests could become more frequent as DeFi grows.
Five publicly traded companies now hold significant amounts of Solana (SOL) as part of their treasuries. This trend signals growing institutional confidence in the cryptocurrency.
The Federal Reserve and other U.S. agencies want stablecoin providers to collect customer identification similar to banks. The proposed rule is now open for public comments, with a 60-day window to submit feedback.
Malta's regulator is seeking feedback on a legal framework for decentralized finance (DeFi) and decentralized autonomous organizations (DAOs), arguing that many DeFi projects are not fully decentralized. This move aims to bring more clarity to the rapidly evolving DeFi space under the MiCA (Markets in Crypto-Assets) regulations.