OKB pumps 160% after 65M burn as OKX fixes supply at 21M, upgrades X Layer
OKB skyrocketed after OKX unveiled a 65 million token burn, a fixed 21 million supply and major upgrades to its Polygon-powered X Layer network.
Wisconsin senators file companion bill aiming to curb crypto ATM scams
Senators in the state of Wisconsin have filed an identical bill to accompany earlier legislation filed in the state’s lower house that aims to closely regulate crypto ATMs.
Ethereum could reach $8.5K if Bitcoin taps $150K, trader says
Ether’s market capitalization has typically reached up to 35% of Bitcoin’s in past cycles, and its price could reach $8,500 if the pattern repeats and Bitcoin hits $150,000.
Pantera bets $300M on crypto treasury companies, says gains may outpace ETFs
Pantera Capital has invested $300 million into crypto treasury companies, saying they may offer better returns than crypto ETFs.
US bank groups ask to close GENIUS Act’s stablecoin yield ‘loophole’
US banking groups have urged Congress to close a so-called loophole letting stablecoin issuers offer yields through affiliate firms, fearing it undermines the banking system.
US takes down sites, seizes $1M from crypto ransomware gang BlackSuit
US and international law enforcement agencies have taken down servers and websites linked to the BlackSuit ransomware group and seized $1 million in crypto.
Ethereum whales scoop sales by traders in ‘disbelief’ of rally: Santiment
Despite Ether finally edging back toward its all-time high of $4,878, chatter on social media shows retail traders remain skeptical and in disbelief, according to Santiment.
HashFlare founders given time served for $577M crypto Ponzi
HashFlare co-founders Sergei Potapenko and Ivan Turõgin were given time served for copping to their roles in a $577 million scheme, with prosecutors saying they’re weighing an appeal.
OpenEden taps BNY Mellon to manage tokenized US Treasury assets
BNY Mellon will manage and custody the assets backing OpenEden’s Moody’s “A”-rated tokenized US Treasury fund, expanding the bank’s presence in blockchain-based finance.
Coinbase revives stablecoin bootstrap fund to boost USDC in DeFi
Coinbase has revived its fund to boost USDC liquidity in DeFi, starting with supporting the stablecoin on Aave, Morpho, Kamino, and Jupiter.