Canary Capital submits application for US-based spot PEPE ETF
Canary Capital is preparing to launch an ETF tracking Pepe’s price, despite the token trading 85% below its December 2024 all-time high.
Yuga Labs settles lawsuit against artists accused of copying its NFTs
Yuga Labs first filed a lawsuit in June 2022, accusing Ripps and Cahen of copying its Bored Ape Yacht Club cartoon ape images and selling lookalike NFTs.
99.99% of Polymarket traders shouldn’t quit their day jobs, data suggests
While nearly 16% of Polymarket users are in profit, only a tiny fraction have made gains large and consistent enough to entertain walking away from their day job.
Chainalysis claims stablecoin volumes could hit over a quadrillion by 2035
Adjusted stablecoin volume could reach $719 trillion by 2035, but the projection could be far higher if two macro catalysts come to pass, said Chainalysis.
Fed minutes open door to further rate cuts amid Iran war
Some officials cautiously eyed a year-end rate cut, but others warned that upward adjustments might be needed if inflation remains above target levels.
Visa unveils commerce platform enabling autonomous AI shopping
Visa is rolling out a platform that helps merchants make their product inventories discoverable and purchasable by AI agents.
Counterhacker exposes DPRK unit that made $1M a month working IT jobs
The North Korean IT workers coordinated crypto payments through a server using a shared, easy-to-guess password “123456.”
Bitcoin tops $72K after $280M liquidation targets bears: Will the ‘fragile truce’ hold?
Bitcoin and global markets rallied after the US and Iran announced a ceasefire, but data show BTC bears have not closed most of their positions yet.
US SEC taps new enforcement chief amid questions over predecessor’s exit
David Woodcock steps into the role as US senators await answers to questions on the agency’s dropping charges against Justin Sun and several crypto companies.
US Treasury moves forward with GENIUS Act, focusing on illicit finance
The proposed rule would direct payment stablecoin issuers to establish AML/CFT and sanctions compliance programs, and be able to “block, freeze, and reject” certain transactions.