CoinDesk Opinion Challenges Banking Lobby on Stablecoins
An opinion piece in CoinDesk argues that Congress should not limit stablecoins to protect community banks from what the author describes as an unproven threat.
US Iran Oil License Sends Crude Lower as Inflation Remains in Focus
The US Treasury issued a 60-day license for Iranian oil exports, sending crude prices lower. Markets are assessing the impact on inflation, interest rates, equities, and Bitcoin.
Singapore Adds Bybit to Investor Alert List
Singapore’s Monetary Authority has placed Bybit on its Investor Alert List, clarifying that the exchange is not licensed for services accessible to local users.
Humanity Protocol Token Surges 210% After Exploit and Security Probe
Humanity Protocol’s H token climbed about 210% in 24 hours following a sharp decline caused by a June 8 exploit. A security report links the attack to phishing and DPRK style tactics.
Bitcoin ETFs See $85.85M Inflow as Outflow Streak Ends
Bitcoin spot ETFs drew $85.85 million in net inflows on June 12, the strongest single day in four weeks. The move ended a prolonged outflow streak as BTC traded near $63,868.
Legal | News | Regulation | Security
Google Sues Alleged AI Text Scam Network Over Phishing Campaign
Google has sued a group it calls Outsider Enterprise, alleging AI-driven text scams involving millions of messages and thousands of fake websites. The FBI and major US telecom providers are involved in related enforcement and blocking efforts.
UK Sanctions on HTX Spark Debate Over Wallet Risk Scoring
The UK designation of Huobi Global S.A. has triggered widespread wallet tagging linked to HTX. Investigator ZachXBT says sanctions-based risk scores no longer effectively identify genuine illicit activity.
Yuga Labs Recovers 68 NFTs After Flooring Protocol Exploit
Yuga Labs secured 68 NFTs valued at more than $500,000 following an exploit on Flooring Protocol. The assets are being held temporarily pending protocol fixes.
Radiant Capital Winds Down DAO After Unrecovered $50M Exploit
Radiant Capital has started an orderly wind-down of its DAO after failing to recover more than $50 million lost in a 2024 exploit. Borrowing is disabled and RDNT emissions have ended.
OpenPayd Plans $1.145B Nasdaq Listing via SPAC Merger
OpenPayd plans to go public on Nasdaq through a $1.145 billion merger with Titan Acquisition Corp. The company aims to expand its stablecoin and fiat payment infrastructure.