On the positive side, the spot XRP ETFs continue to attract capital. The broader market weakness, perhaps prompted by the latest FOMC meeting or fears about Strategy having to sell more BTC to fund dividend payments, has not spared Ripple’s cross-border token. The asset is down by well over 4% in the past day…

AllUnity has launched SEKAU, a Swedish krona-backed stablecoin issued under the European Union’s Markets in Crypto-Assets Regulation.  Summary SEKAU is backed 1:1 by Swedish krona reserves and structured as a MiCA e-money token. AllUnity launched SEKAU across Ethereum, Solana, Base, Tempo and Polygon for institutional settlement use cases. The rollout expands AllUnity’s EURAU and CHFAU…

The end of another week has arrived, and with it another batch of expiring crypto options as spot markets turn red once again. Around 30,500 Bitcoin options contracts will expire on Friday, June 19, with a notional value of roughly $1.9 billion. This event is slightly smaller than last week’s and still not enough…

Former Ethereum Foundation contributor Trent Van Epps has warned that Ethereum could face a core development funding gap within the next three to nine months.  Summary Van Epps says Ethereum core development may need about $30 million yearly to remain stable. He links the pressure to EF spending cuts and the Client Incentive Program’s expiry…

Morgan Stanley has updated its proposed Ethereum and Solana exchange-traded funds with a staking structure that would allow 95% of staking rewards to remain within the trusts while charging a 0.14% annual sponsor fee. Summary Morgan Stanley amended its Ethereum and Solana ETF filings to include staking and a 0.14% annual fee. The proposed structure…

Malta’s financial regulator has proposed a new legal category for decentralized autonomous organizations as part of a consultation on how decentralized finance could be regulated under the European Union’s crypto framework. Summary Malta’s MFSA has proposed a new “software-based organization” category that would include DAOs and other DeFi entities. The regulator said many DeFi projects…

Ireland has identified crypto assets as a “very significant” money laundering and terrorism financing risk and has committed to introducing industry standards governing crypto-related sources of funds by the second half of 2027. Summary Ireland has classified crypto assets as a major money laundering and terrorism financing risk in its latest assessment. Authorities plan to…

Will ADA crash to $0.13 in the coming days? ADA – the native token of Cardano – has been hit hard by the ongoing bear market, while recent concerning statements from co-founder Charles Hoskinson have only worsened its condition. And as holders cling to hopes of a much-needed rebound, some factors indicate that a…

SpaceX has explored a bond offering worth as much as $20 billion while its publicly traded shares have fallen more than 9%, trimming Elon Musk’s fortune by roughly $59 billion from recent highs. Summary SpaceX is considering a bond sale of up to $20 billion to refinance debt due in 2027. SPCX shares fell more…