DEXE and UNI have dumped the most today, both dropping by double digits. The FOMC meeting and the subsequent Kevin Warsh press conference brought some volatility to the crypto market, with BTC sliding by over two grand from top to bottom before it found support. Most altcoins have mimicked BTC’s performance in the past…
BitGo has appointed Angela Ang as Managing Director of APAC and President of BitGo Singapore. Summary Angela Ang will lead BitGo’s APAC growth after prior roles at MAS and TRM Labs. BitGo Singapore remains central to the firm’s regulated digital asset infrastructure push across Asia Pacific. The appointment follows BitGo’s dtcpay partnership and wider demand…
Jack Dorsey’s Block has launched Builderbot, a new AI-native software tool built to support engineering work across the company. Summary Builderbot handles 15% of Block’s production code changes and merges 1,500 pull requests weekly now. Block says Builderbot lets engineers ship cross-service fixes without knowing each codebase first at scale. The rollout links Dorsey’s AI…
The Strategy chair believes Bitcoin can jump 500-fold, but this depends more on large-scale financial adoption, not speculation. Strategy executive chairman Michael Saylor says the company’s core purpose is creating financial products backed by Bitcoin (BTC), a business model he compared to a reserve bank. According to him, Bitcoin’s next stage of development should…
Kentucky Attorney General Russell Coleman has filed lawsuits against Kalshi, Polymarket and several related partners, accusing them of offering unlicensed sports betting in the state. Summary Kentucky says prediction markets crossed into sports betting, while platforms claim federal law controls contracts. Kalshi and Polymarket now face lawsuits, tax disputes, and split court rulings across several…
Binance has been left relying on France as its last realistic route to secure a Markets in Crypto-Assets license after its expected authorization bid in Greece reportedly stalled ahead of the European Union’s June 30 deadline. Summary The Big Whale reported that Christine Lagarde helped derail Binance’s MiCA application in Greece despite regulatory progress. With…
Kalshi has fueled a billion-dollar dispute over sports betting regulation as trading activity on its platforms continues to surge. Summary Gaming and tribal groups urged the Senate to block sports-related prediction contracts through the CLARITY Act. The American Gaming Association estimates prediction markets have cost states about $1.08 billion in tax revenue. Kalshi’s crypto perpetual…
The crypto market has remained under pressure even as reports have indicated that a U.S.-Iran agreement is moving closer to completion, with the total crypto market capitalization falling nearly 2% to $2.21 trillion. Summary Trump said a U.S.-Iran agreement could be signed soon, but crypto prices remained under pressure. Bitcoin and major altcoins fell as…
ASTER has surged more than 20% after Aster unveiled a new tokenomics framework that commits almost all platform fee revenue to daily token buybacks and large-scale supply reductions. Summary ASTER surged over 20% after Aster committed 99% of platform fees to daily token buybacks. Aster plans to cut ASTER supply from 8 billion to 3…
The decision was highly anticipated but there are still some fears about potential hikes by the end of the year. The first FOMC meeting with the new Federal Reserve Chair, Kevin Warsh, at the helm of the central bank didn’t provide any surprises, as the entity expectedly left the interest rates unchanged. With the…
