Inside Sui’s Testnet Launch — What It Means for DeFi Growth

Sui’s Bitcoin finance primitive, known as Hashi, is set to launch its global testnet in July, as announced by Cointelegraph. This initiative includes partnerships with Cumberland, Fluid, and SwissBorg, indicating a robust institutional coalition backing the project. The announcement can be found on Cointelegraph’s official tweet. The Story So Far The broader crypto market is […]

Inside Cointelegraph’s Report on Senate Democrats’ Probe — Implications for Crypto Regulation

Senate Democrats are calling for an investigation into the Trump family’s reported $500 million cryptocurrency deal with Abu Dhabi royalty. This move reflects ongoing concerns about transparency and regulatory oversight in the crypto industry, as highlighted by Cointelegraph’s report. The investigation could lead to further scrutiny of high-profile crypto transactions and their implications for market […]

Cardano Wallet Flaw Triggers $20M Crypto Losses

The Cardano ecosystem faces a major security scare after reports revealed significant losses linked to a wallet generation issue. The incident has affected users connected to SecondFi, a project operating within the Cardano network. Early estimates suggest losses reached around 16 million ADA, while security researchers believe the damage may be even greater. The situation […]

BTG Plummets 43.26% as Market Conditions Shift

While most altcoins traded sideways today, Bitcoin Gold diverged sharply with a staggering drop of 43.26% in just 30 minutes. The price fell from $0.309635 to $0.175696, marking a significant shift in trading dynamics. Investors are left reeling from this swift decline, which occurred on a thin volume of $5.17. Breaking It Down The recent […]

Why South Korea Stock Market Dropped 10% In One Day?

South Korean investors witnessed a dramatic reversal on Tuesday as the country’s benchmark index suffered one of its sharpest declines in recent years. Just one day after reaching a record high, the market plunged nearly 10%, wiping out a significant portion of recent gains and raising concerns across global financial markets. The sudden decline stunned […]

US nears ban on CBDCs until 2030 as housing bill goes to Trump

The US House has passed a major housing bill that includes a ban on central bank digital currencies until 2030, in what is set to be a major win for Republicans who have long pushed for such a measure.The House voted 358-32 on Tuesday to pass the 21st Century ROAD to Housing Act, a day after the Senate voted 85-5 to pass the bill, which largely aims to tackle housing affordability. The bill now heads to US President Donald Trump, who has signaled support for the measure and is expected to sign it into law on Wednesday. “Today, Congress delivered a major win for families working toward the American Dream,” said Senate Banking Committee Chairman Tim Scott. “I look forward to President Trump signing it into law.”CBDCs are a representation of fiat currency issued by a central bank on a ledger. The signing of the bill will be a win for Republicans who have tried to pass a CBDC ban for years, and for crypto advocates who see CBDCs as an attempt to repurpose technology made for decentralized assets into a centrally controlled asset. The housing bill includes language that the Federal Reserve may not, directly or indirectly, “issue or create a central bank digital currency or any digital asset that is substantially similar to a central bank digital currency,” a clause that expires on Dec. 31, 2030.Source: US Senate Banking Committee GOPThe bill’s quick passage comes after House and Senate leaders reached a deal to move forward with the housing bill last week, after previously disagreeing over multiple aspects of the legislation.The bill has included the CBDC ban since the Senate passed a version of it in March. It also features a carve-out for crypto stablecoins, allowing “dollar-denominated currency that is open, permissionless and private.”The CBDC ban revived language from Republican Representative Tom Emmer’s Anti-CBDC Surveillance State Act. That bill was introduced in June 2025 and passed the House a month later, but it never saw movement in the Senate.Related: Crypto lobby urges Congress to pass staking and mining tax bill as isWith the bill off lawmakers’ agenda, Congress can now focus on passing other legislation before the August recess and the November midterm elections.One bill that has garnered particular interest is the Senate’s crypto market structure bill, dubbed the CLARITY Act, which many lawmakers have been pushing to advance.Despite months of talks between lawmakers and crypto and banking lobbyists, the CLARITY Act is still seeing pushback, and the odds of it being passed this year have slipped.Earlier this month, Galaxy Digital lowered its estimate of the Senate passing the bill before the end of the year, giving it a 60% chance as the congressional calendar tightens.Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026

Coinbase Becomes Official Treasury Wallet Deployer for USDC — Here’s Why It Matters

Coinbase has been appointed as the official treasury wallet deployer for USDC on HyperliquidX, following the activation of AQAv2. This role involves distributing 90% of treasury yield across $6.06 billion in USDC, which includes $1.6 billion on Arbitrum and $4.46 billion on HyperEVM. This announcement was made by CoinDesk on June 8, 2026, and is […]

Why Zcash Developers Finalized Consensus Rule Changes for Ironwood Upgrade

Zcash developers have finalized consensus rule changes for the Ironwood upgrade, with a target launch date set for late July. This announcement comes from a tweet by CoinDesk, detailing that the new pool will undergo formal verification to ensure no counterfeit $ZEC exists before the activation takes place. The official tweet can be found here. […]