Pennsylvania House of Representatives passes bipartisan bill to provide regulatory clarity for digital assets

Bank of Japan officials are stepping up calls for Japan to keep up with the rapid development of digital currencies, which could accelerate the shift to cashless payments in a country where "cash is king". The share of cashless payments in Japan rose to 42.8% in 2024 from 13.2% in 2010, a year ahead of the government's target of 40%, according to government data. Although Japan lags globally in payments technology, the rise in cashless transactions is forcing policymakers to ensure they are prep...

Ondo Finance's tokenized US Treasuries went live on XRP Ledger, enabling seamless minting and redemption through Ripple's RLUSD for institutional access.

The hacking group Librarian Ghouls (also known as Rare Werewolf) has hacked into hundreds of Russian devices and used them for cryptocurrency mining. The group spread malicious software through phishing emails disguised as legitimate organizations, infecting devices to establish remote connections and disable security systems such as Windows Defender. Hackers collect information on devices' RAM, CPU cores, and GPUs to optimize the configuration of cryptocurrency mining programs. The hacking inci...

According to the official announcement, Binance Wallet announced the new MEET48 TGE participation threshold, with points greater than or equal to 229 and 15 points consumed.

On June 11th, the Barcelona 5th District Court is investigating a cryptocurrency fraud case involving professional football players. The company involved, Shirtum, is accused of defrauding investors of at least 3.40 million dollars through the NFT project of the star platform. Six players involved include World Cup champions Papu Gómez and Lucas Ocampos, former Barcelona players Ivan Rakitić and Javier Saviola, and Nico Pareja...

Taiwan, China will hold a public hearing on the "Virtual Asset Service Law" on June 12. It is reported that regulators believe that stablecoins are currently mainly used as a medium of exchange in virtual markets. Once the scale of use is expanded, the application scenarios are increased, and they are widely used for cross-border transfer, it may affect the sound operation of the existing payment and financial systems. Therefore, stablecoins used for payment should be subject to the same supervi...

On June 11, CloudTech, a blockchain financial infrastructure startup, completed a $14 million Series A funding round, of which $11 million was raised in the form of bitcoin and stablecoin USDT. The funds will be used to launch institutional-grade custody solutions for digital assets and expand the broader crypto-native financial ecosystem. The round of financing came from multiple undisclosed investors. Founded in 2021, CloudTech has a team of 40 people and is headquartered in Melbourne. Its dig...

Analysts say the Securities Exchange Commission could start approving some cryptocurrency-linked exchange traded funds as soon as next month, kicking off a "summer of counterfeit products ETFs". Bloomberg senior ETF analyst Eric Balchunas posted a memo from his colleague James Seyffart on the X platform (formerly Twitter) on Tuesday, in which he mentioned: "ETFs that track broad cryptocurrency indices may receive SE funding next month.

The market shows that COMP has exceeded $62 and is now quoted at $61.26, a 24-hour increase of 16.2%. The market fluctuates greatly. Please do a good job in risk control.

On June 10 local time, Li Chenggang, the international trade negotiator and vice minister of the Ministry of Commerce, said when talking about the first meeting of the China-US economic and trade consultation mechanism in London that China and the United States had conducted professional, rational, in-depth and candid communication. The two sides reached a framework in principle on the implementation of the consensus reached by the two heads of state on the phone call on June 5 and the consensus...

"Big Brother Maji" Huang Licheng said in a post on the X platform that he hopes there will be no second HYPE airdrop. As long as all HYPE is destroyed, the current market value will become the current FDV. It is reported that on-chain analyst Ember has previously monitored that Huang Licheng has begun to gradually increase HYPE for profit.

The volume of Ethereum derivatives has increased by 38% in the past 24 hours, mainly driven by strong inflows into spot Ethereum ETFs and bullish sentiment driven by renewed activity in the DeFi market. According to Coinglass, the volume of Ethereum derivatives in the past day has exceeded the volume of Bitcoin derivatives ($84.72 billion).