Digital euro, not MiCA, key to manage crypto risks: Bank of Italy chief
MiCA has had a limited impact on the adoption of compliant stablecoins in Europe, strengthening the need for the digital euro, Bank of Italy governor Fabio Panetta said.
DeepSeek’s new model a ‘step backward’ for free speech: AI dev
DeepSeek’s latest AI model flags Xinjiang camps as human rights violations but censors direct criticism of China, raising concerns over contradictions and increased censorship.
Sui community passes vote to repay $162M to Cetus exploit victims
Sui validators voted to return $162 million in frozen assets from the Cetus exploit, enabling a full recovery and restart plan for impacted users.
SEC crypto staking guidance ‘major step forward’ for US: Crypto Council
The SEC said protocol staking isn’t a securities transaction, marking a key win for crypto regulation and paving the way for potential ETF staking approval.
Bitcoin bull market ‘great validator’ comes as James Wynn loses $100M
Bitcoin is seeing increasing profit-taking, new research confirms, while Hyperliquid’s Wynn joined those liquidated during the latest 10% BTC price retreat.
OpenSea expands beyond NFTs with OS2 public rollout
Adam Hollander told Cointelegraph that the number of weekly unique collectors on OpenSea has increased by 40% since January.
Bitcoin ETFs have first joint outflow in 2 weeks, but BlackRock bucks trend
US Bitcoin ETFs ended a 10-trading-day inflow streak with a $347 million net outflow on May 29, with BlackRock’s fund the only product to see a net inflow.
Decentralized AI favored by majority of Americans: DCG poll
A Harris poll commissioned by Digital Currency Group found 77% of surveyed Americans saw decentralized AI “as more beneficial to society overall.”
Bitcoin eyes ‘healthy pause’ around $106K before price picks up steam
Bitcoin’s consolidation will give “the market time to digest recent gains” before entering a new upward trend, Derive founder Nick Forster tells Cointelegraph.
Crypto staking on proof-of-stake blockchains not a security: SEC staff
SEC Commissioner Hester Peirce has backed the guidance, saying it gives clarity to stakers, while her peer Caroline Crenshaw claims it ignores existing laws.