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Pioneering zk-rollup Loopring closes DEX, citing lack of adoption

“We lacked a virtual machine, no composability, no real‑world payment use cases. That limitation kept our ecosystem from growing,” said the team.

Ether treasury Sharplink bought $62.4M ETH last week

Sharplink bought nearly 40,000 ETH last week after an eight-month pause, adding to signs the company has resumed its Ether accumulation strategy.

Bullish Bitcoin RSI divergence has analysts calling for 2022-style bear market bottom

Bitcoin RSI bullish divergences formed the basis for the new bull case, but some market takes warned that new BTC price lows were still to come.

Binance booted from EU, EthLabs rises up to save Ethereum: Hodler's Digest June 14-28

BitMine and Joe Lubin back a new non profit called Ethlabs that aims to spur adoption. Binance shutters services in Europe after failing to secure a license.

BIS warns stablecoins risk fragmenting global financial system

The Basel-based institution said that private digital tokens fall short of the requirements for sound money and urged policymakers to accelerate work on tokenized forms of central bank and commercial bank money.

Will Bitcoin price recover in July?

Bitcoin’s past July gains and heavy short bets point to a rally toward $75,000, but a break below key support keeps the risk of $55,000 in play.

EU watchdog EBA details big crypto fines as landmark laws bite

The European Banking Authority laid out a proposed penalty framework on Friday that can strip non-compliant significant token issuers of up to 12.5% of their annual revenue.

Binance posts over $400M in weekly net outflows as MiCA deadline nears

Early exchange flow data show no clear signs of a mass migration from Binance ahead of the EU MiCA transition deadline, despite rivals' efforts to attract users.

Grayscale's Pandl says Strategy should sell $3B Bitcoin to restore confidence

Grayscale's research head Zach Pandl said Strategy should sell $3 billion in Bitcoin to cover its cash obligations, but CryptoQuant argued the company has other ways to support STRC.

Base says sequencer bug caused back-to-back outages

A “race condition” after the system was reset prevented the sequencers from catching up, causing the second outage.

Excessive AI spending risks global financial consequences, BIS warns

The AI investment surge is a potential flashpoint for systemic risk, “as financing has relied on enormous debt and highly leveraged nonbank structures that can rapidly unwind,” one analyst said in response to the report.

BIS warns stablecoins risk fragmenting global financial system

The Basel-based institution said that private digital tokens fall short of the requirements for sound money and urged policymakers to accelerate work on tokenized forms of central bank and commercial bank money.

Binance posts over $400M in weekly net outflows as MiCA deadline nears

Early exchange flow data show no clear signs of a mass migration from Binance ahead of the EU MiCA transition deadline, despite rivals' efforts to attract users.

Base post-mortem reveals sequencer bug behind back-to-back outages

A “race condition” after the system was reset prevented the sequencers from catching up, causing the second outage.

Fidelity rebuts claims Bitcoin becomes less secure after halvings

The asset manager argues Bitcoin's fixed supply schedule does not undermine network security, even as miners face shrinking block rewards after each halving.

SecondFi targets two-week recovery after Cardano wallet exploit

SecondFi says it has completed forensic investigations, taken a final balance snapshot and is preparing to return assets.

EU lawmakers urge assessing DeFi, staking, NFT regulation

The nonbinding report outlines Parliament's vision for future EU crypto regulation and warns against national MiCA rules.

Securitize expects to raise $400M ahead of public debut

Securitize says less than 30% of shareholders in the acquisition firm taking it public elected to redeem, giving it an expected $400 million on its upcoming debut.

SOL reclaims $72, but onchain data flags weakening momentum

Solana found strength from tokenized stock trading on its network, but a declining TVL and DEX volumes point to fading momentum.

US senators urge CFTC probe Polymarket over ‘deceptive marketing’

Senators John Curtis and Adam Schiff are concerned about the CFTC’s enforcement ability after a “troubling” report on Polymarket’s advertising.

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