Coinbase Establishes Luxembourg as Its EU-Wide MiCA Crypto Hub
Coinbase has secured a MiCA license in Luxembourg, designating the country as its central base for regulated crypto services across all 27 European Union member states
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CoinEx Faces Scrutiny Over $3.84 Billion in Iran-Linked Crypto Flows
Blockchain analytics firm TRM Labs has traced substantial crypto transactions between CoinEx and sanctioned Iranian entities, prompting the exchange to issue a strong denial and highlight its compliance efforts
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SBI Holdings Acquires Bitbank in $289 Million Deal to Create Japan's Largest Crypto Exchange
SBI Holdings has signed agreements to fully acquire Japan's Bitbank crypto exchange for approximately 46.7 billion yen ($289 million),positioning the combined entity as the country's leading regulated crypto platform with over 2.9 million accounts and 1.1 trillion yen in assets under custody
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MemeCore M Token Crashes 76% Wiping Out Billions as ZachXBT Warnings Resurface
The M token from the meme-focused Layer 1 project MemeCore dropped sharply from around $2.90 to below $0.50 in hours on June 25, erasing nearly $3 billion in market value amid renewed questions over supply concentration and liquidity
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Standard Chartered Forecasts $3,500 AAVE Target by 2030 on DeFi and Tokenization Growth
Standard Chartered has set a long-term price target of $3,500 for AAVE by the end of 2030, projecting substantial expansion tied to decentralized lending and tokenized real-world assets. The forecast comes as the protocol demonstrates recovery from earlier challenges
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Ripple's RLUSD Stablecoin Goes Live in Japan After JFSA Approval
Ripple has launched its USD-pegged stablecoin RLUSD in Japan through a partnership with SBI VC Trade, following approval from the Japan Financial Services Agency as a regulated electronic payment instrument
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Kalshi Targets $40 Billion Valuation in Major Funding Push
Kalshi, a leading U.S.-regulated prediction market platform, is in discussions for a new funding round that could value the company at approximately $40 billion, nearly doubling its valuation from just weeks ago amid surging trading volumes and product expansion
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Scaramucci Flips on Bitcoin: From 'Nobody Cares' to Riding With Saylor
Anthony Scaramucci, who recently dismissed Bitcoin as an asset drawing little interest, has now publicly aligned himself with Michael Saylor's bullish stance amid ongoing market debates
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Meta Enters Prediction Markets with Arena App
Mark Zuckerberg has directed development of a standalone prediction market platform called Arena, starting with points-based forecasting as the sector sees rapid growth and increased attention from major players
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SBI Group Launches Japan's First Trust Bank-Backed Yen Stablecoin JPYSC
SBI Group and Startale Group have introduced JPYSC, the first yen-denominated stablecoin issued through a trust bank in Japan. The launch marks a step in developing regulated on-chain payment infrastructure as competition with major dollar stablecoins increases
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