News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
If FHFA chooses to advance this policy, it signifies that cryptocurrency is transitioning from an investment asset to a practical financial tool.
Bluebird Mining Ventures Ltd, a pan-Asian gold project developer listed on the FTSE, has announced a strategic shift into digital assets with the signing of a £2 million funding facility to initiate a Bitcoin treasury strategy.
Shares in SharpLink Gaming (NASDAQ: SBET) jumped over 7% on June 24, closing at $9.66, after the sports betting firm announced it had deepened its commitment to Ethereum with a fresh $30 million investment in the cryptocurrency.
The Bank for International Settlements (BIS) has issued a stark warning against the growing reliance on stablecoins, arguing that they fall short of functioning as legitimate money within a modern financial system.
Venture capital firm ThreeD Capital has announced its backing for the successful launch of DeLorean Labs’ new cryptocurrency token, $DMC, marking a pivotal moment in the legendary automaker’s evolution into a digital and electric future.
The attacker behind the $12 million exploit of Cork Protocol in May has resurfaced, sparking fresh concerns over fund recovery efforts as they launder millions through Tornado Cash and make a surprising public donation.
The global race to regulate stablecoins is picking up speed. However, two critical issues still cloud the path forward, according to Bo Li, Deputy Managing Director at the International Monetary Fund (IMF).
- 15:51Fed Chair Powell: Tariff Uncertainty Delays Rate CutsOdaily Planet Daily – Federal Reserve Chairman Jerome Powell stated at a conference in Sintra, Portugal, that if it were not for President Trump’s tariff policies, the Fed would begin cutting interest rates in 2025 and would currently be adopting a more accommodative monetary policy. When asked whether the uncertainty caused by the current U.S. tariff regime has led the Fed to delay rate cuts, Powell responded affirmatively. He added that due to the impact of tariffs, almost all forecasts for U.S. inflation have risen significantly. Powell acknowledged that despite increasing pressure from the U.S. government, the Fed has entered a mode of maintaining interest rates. He also noted that given the current instability in the economic outlook, the Fed is still observing the situation to gather more information. (Jin10)
- 15:51Plume Partners with Trump Family Crypto Project WLFI as Strategic Multi-Chain Partner for Stablecoin USD1Odaily Planet Daily reports that Plume Network has announced a strategic partnership with the Trump family’s crypto project, World Liberty Financial (WLFI), to promote the multi-chain expansion of the stablecoin USD1. It is reported that USD1 will serve as the reserve asset for the Plume on-chain stablecoin pUSD and provide foundational support for its RWA financial ecosystem (RWAfi). (PRNewswire)
- 15:50Virtuals Protocol: Governance Portal Launched, Addresses Holding at Least 0.1% of Total veVIRTUAL Can Submit ProposalsAccording to ChainCatcher, Virtuals Protocol announced on the X platform that its governance portal feature is now live. Any wallet holding at least 0.1% of the total veVIRTUAL supply can create proposals. Once a proposal is submitted, it enters a 72-hour discussion window for public review and comments, during which voting is disabled. After the window closes, the protocol will take a snapshot of all veVIRTUAL balances, and this block will permanently lock each wallet’s voting rights for the proposal. Voting will last for 72 hours. Virgens can vote “For” or “Against” directly on-chain. After voting ends, the result is valid only if at least 25% of veVIRTUAL members participate.