Arizona Moves Forward With State Crypto Reserve Plan
TL;DR Arizona is pushing ahead in its effort to integrate cryptocurrency into state-level financial infrastructure. After a narrow 16-14 vote in the Senate, House Bill...
Cryptocurrencies
Will Solana Be the Real Ethereum Killer?
TL;DR Anthony Scaramucci stated that Solana will surpass Ethereum in market capitalization, though he clarified he doesn’t hold a negative view of ETH. Standard Chartered...
Bitcoin ETFs in the U.S. Stay in the Green Despite Geopolitical Tensions
TL;DR Bitcoin ETFs in the U.S. posted $388.3M in inflows on June 18, marking eight consecutive days of net gains. BlackRock led the session with...
Hyperliquid at the Helm: Lion Group’s $600M Bold Leap into Decentralized Finance
TL;DR DeFi Transformation: Lion Group is shifting from traditional derivatives to a DeFi model with a robust $600M investment, aiming to build a sophisticated crypto...
Hypersphere Partner Loses Crypto Savings in Zoom Scam
TL;DR Earlier this week, Mehdi Farooq, a partner at crypto venture firm Hypersphere and former Animoca Brands executive, shared a personal account of a devastating...
SOL Strategies Eyes Nasdaq Debut Amid Solana Bet
TL;DR SOL Strategies, a Canadian blockchain investment firm focused on the Solana ecosystem, has filed with the U.S. SEC to list on the Nasdaq under...
Polygon Shuts Down zkEVM and Jordi Baylina Launches ZisK, a New Zero-Knowledge Technology Startup
TL;DR Polygon decided to discontinue its zkEVM chain and shift resources to PoS and AggLayer, its multichain interoperability solution. Jordi Baylina separated the zkEVM team...
Prenetics Bets $20 Million on Bitcoin and Aims to Lead the Convergence Between Healthcare and Blockchain
TL;DR Prenetics acquired 187.42 BTC for $20 million after selling ACT Genomics, boosting its total liquidity to $117 million in cash, BTC, and liquid assets....
North Korean Crypto Laundering Reaches New Heights
TL;DR The Lazarus Group, widely considered a state-sponsored cybercrime outfit operating under North Korea’s intelligence apparatus, has intensified its use of lesser-known methods to clean...
Senate Approves GENIUS Act for Stablecoin Regulation
TL;DR The Senate has passed the GENIUS Act, creating the first formal regulatory framework for stablecoins in the U.S., allowing banks and tech companies to...