Latest updates, press releases, and insights from the volatile world of digital assets.
Main Street USD (msUSD) lost its dollar peg and plunged sharply following the termination of its partnership with proof-of-reserves provider Accountable, triggering market panic, liquidations, and heavy losses for holders and connected DeFi positions
The Nationwide Business Corporate Pension Fund, serving 1,200 small and medium-sized companies, plans a 1% allocation to crypto assets in fiscal year 2026 as part of its diversification strategy
Iran has announced the closure of the critical Strait of Hormuz in response to alleged violations of a recent ceasefire agreement, while the United States maintains that maritime traffic continues uninterrupted
The traditional flow of capital from Bitcoin gains into a broad range of altcoins has sharply weakened since 2021, with trading volumes in BTC pairs hitting multi-year lows and capital concentrating in fewer large assets
Pudgy Penguins has launched Vibes Series 3 trading cards in Target stores nationwide, marking its largest retail expansion yet and pushing its NFT-based brand further into mainstream consumer markets
Sonic Labs has announced major board changes with the departure of three longtime figures including Andre Cronje, triggering an immediate 5% decline in its native S token amid ongoing market pressure and governance reforms
A New York court case targeting thousands of inactive Bitcoin wallets, including those allegedly tied to Satoshi Nakamoto, has been paused after a prominent attorney raised serious objections over ownership claims and due process
The European Union is introducing major anti-money laundering changes under Regulation 2024/1624, effective July 2027. These include a bloc-wide cap on large cash payments and tougher identity checks for cryptocurrency transactions on regulated platforms
Rep. Bryan Steil has introduced legislation targeting potential insider trading by lawmakers on platforms handling policy and political event contracts, aiming to restore public trust without a full ban on such markets
Base, Coinbase's Ethereum Layer 2 network, is rolling out the Beryl upgrade to mainnet on June 25, introducing the new B20 token standard for efficient token issuance, cutting withdrawal times from seven to five days, and deploying Reth V2 for improved performance
