Daily archive
Thursday, June 25, 2026
39 articles published.
Anthropic Urges U.S. Congress to Address AI Model Distillation by Chinese Entities
Anthropic claims that Alibaba-affiliated operators executed a widespread AI model distillation campaign against its Claude chatbot using thousands of fake accounts. The company has urged U.S. lawmakers to enhance export controls and penalize firms involved in such unauthorized extraction efforts, according to a report by Decrypt.
3 days ago·Decrypt·Reported by Jason Nelson
Invesco Files for Tokenized Fund to Tap Stablecoin Reserve Market
Invesco has submitted a filing with the SEC to launch the Invesco Stablecoin Reserves Onchain Fund, aimed at the reserve market for stablecoins. The fund will primarily invest in cash and short-term U.S. Treasuries, as reported by CoinDesk.
3 days ago·CoinDesk·Reported by Krisztian Sandor
Polymarket to Refund Users Following $3 Million Cybersecurity Breach
Polymarket confirms it will refund affected users after hackers exploited a vulnerability, stealing about $3 million in cryptocurrency. The platform suffered two security incidents within two months, according to a report by Decrypt.
3 days ago·Decrypt·Reported by Sander Lutz
SBI Holdings Acquires Bitbank for $289 Million to Become Japan's Largest Crypto Exchange
SBI Holdings has announced an agreement to acquire Tokyo-based Bitbank in a deal valued at approximately $289 million, pending regulatory approval. This acquisition is projected to position SBI as Japan's largest cryptocurrency exchange by asset value, according to coverage from Decrypt.
3 days ago·Decrypt·Reported by Decrypt Agent
Story Protocol Rebrands as Data Network Focused on AI Training
Story Protocol has rebranded to Data Network, shifting its focus to AI training data while migrating its IP token to DATA. According to Decrypt, this move follows a significant decline of its previous token, which fell by 98% to around $0.349.
3 days ago·Decrypt·Reported by Logan Hitchcock
Base Network Recovers from Block Production Issue Ahead of Upgrade
Base, an Ethereum layer-2 network supported by Coinbase, resolved a block production issue that caused an outage lasting over two hours, as reported by Decrypt. The outage coincided with a planned upgrade, and the network has since resumed operations.
3 days ago·Decrypt·Reported by Logan Hitchcock
Base Blockchain Recovery After Two-Hour Outage
Coinbase's Base blockchain has resumed operations following a two-hour outage that paused block production and transaction processing, according to CoinDesk. An invalid block was identified as the trigger, and the team continues to investigate the root cause while advising node operators to restart their systems.
3 days ago·CoinDesk·Reported by Margaux Nijkerk
CoinEx Denies Claims of Facilitating Sanctioned Iranian Crypto Transactions
CoinEx has rejected allegations of facilitating over $3.84 billion in cryptocurrency transactions involving sanctioned Iranian platforms, following a report by TRM Labs. The exchange insists it operates as a neutral platform without ties to Iranian entities, countering claims from a recent Wall Street Journal article, as covered by Decrypt.
3 days ago·Decrypt·Reported by André Beganski
Strategy's STRC Preferred Stock Yields Increasing Correlation with Bitcoin
Strategy Inc.'s perpetual preferred stock, STRC, has reported a correlation coefficient with bitcoin reaching 0.70, marking its highest since 2025. This development is concerning for investors as both STRC and bitcoin have exhibited significant declines in value this month, according to CoinDesk.
3 days ago·CoinDesk·Reported by Omkar Godbole
California Launches AI Unemployment Tracker to Monitor Job Losses
California has initiated the nation's first public dashboard to track potential job losses related to AI, as noted by Decrypt. Governor Gavin Newsom announced this AI-Unemployment Tracker to provide real-time insights into the impact of automation on the labor market, despite current data showing no widespread AI-induced layoffs.
3 days ago·Decrypt·Reported by Jason Nelson
Kraken Negotiates for 15% Stake in Aave Valued at $385 Million
Kraken is in discussions to acquire a 15% stake in the decentralized finance protocol Aave, which is valued at $385 million, as reported by CoinDesk. This potential investment follows Aave's recovery from significant losses triggered by the KelpDAO exploit that led to a mass withdrawal of deposits, despite Aave's smart contracts remaining secure.
3 days ago·CoinDesk·Reported by Will Canny
Story Protocol Rebrands as DATA Foundation, Targets AI Copyright Issues
Formerly known as Story Protocol, the startup rebrands to DATA Foundation and shifts its focus to AI training data. Backed by Andreessen Horowitz, it aims to provide blockchain solutions for verifying the origins and licensing of datasets used in AI, as reported by CoinDesk.
3 days ago·CoinDesk·Reported by Olivier Acuna
Traders Anticipate Further Declines for Bitcoin and Ethereum
Traders predict continued price drops for Bitcoin and Ethereum following significant monthly losses, according to Decrypt. Market analysis suggests Bitcoin may fall to $55,000 and Ethereum to $1,500 before any rebounds occur, influenced by deteriorating market conditions and equity performance from Strategy.
3 days ago·Decrypt·Reported by Logan Hitchcock
BlackBerry Positions Itself as Key Player in AI with Strong Earnings Beat
On June 25, 2026, BlackBerry reported a notable stock surge of nearly 23% following a substantial earnings report and increased guidance as it pivots to focus on mission-critical software for AI and robotics, according to CoinDesk.
3 days ago·CoinDesk·Reported by Aoyon Ashraf
Retail Investors Lose Trust in Strategy Amid Stock Declines and Uncertain Future
Strategy has approximately 10 months of cash reserves to meet its dividend obligations, despite a sharp decline in its stock price. CEO Alexander Blume highlights that ongoing changes in plans by Michael Saylor have eroded confidence among retail investors, as reported by CoinDesk.
3 days ago·CoinDesk·Reported by James Van Straten
Hyperion Decimus Points to Rare On-Chain Signals for Bitcoin Turning Point
Hedge fund Hyperion Decimus notes that four rare on-chain indicators signify a potential turning point for Bitcoin, as detailed by CoinDesk. Portfolio manager Chris Sullivan claims these indicators, previous indicators of market bottoms, suggest Bitcoin may soon break a critical resistance level or face a final capitulation within 90 days.
3 days ago·CoinDesk·Reported by Helene Braun
Key Considerations for Bitcoin Inheritance Planning
On June 25, 2026, CoinDesk's Zac Townsend discusses important questions to consider when planning for bitcoin inheritance. As the crypto industry matures, ensuring smooth access for loved ones becomes paramount, with practical steps outlined for crypto holders.
3 days ago·CoinDesk·Reported by Zac Townsend
Bitcoin Drops to $58,000, Short-Squeeze Potential Aligns
On June 25, 2026, Bitcoin falls to $58,000, marking its lowest point since 2024. Derivatives data indicates a crowded short position, suggesting a potential for a short squeeze according to reporting from CoinDesk.
3 days ago·CoinDesk·Reported by Krisztian Sandor
Bitcoin May Drop to $44,000 by Year-End, Says Miner Jiang Zhuoer
Prominent Chinese bitcoin miner Jiang Zhuoer predicts that bitcoin could decline further, reaching between $42,000 and $44,000 by the end of 2026. His analysis is based on market net asset value metrics, as reported by CoinDesk.
3 days ago·CoinDesk·Reported by Shaurya Malwa
Bitcoin Price Declines as Strategy's STRC Reaches Record Low
Bitcoin's value fell to around $58,188, impacted by the declining price of Strategy's preferred stock, STRC. According to Decrypt, STRC's price dropped over 25% from its par value, contributing to broader liquidations in the crypto market.
3 days ago·Decrypt·Reported by André Beganski
Kraken Files Lawsuit Against PowerTrade Over Misappropriated Funds
Kraken's parent company, Payward, has initiated legal proceedings against the derivatives platform PowerTrade, claiming the wrongful appropriation of approximately $7.2 million in digital assets. The lawsuit alleges unauthorized transactions that transformed Kraken's positive balance into a nearly $2 million deficit, according to CoinDesk.
3 days ago·CoinDesk·Reported by Ian Allison
Europol Freezes $47M in Crypto During Global Infostealer Operation
Europol has announced that its Operation Endgame has resulted in the freezing of over €41 million ($47 million) in criminal cryptocurrency tied to three malware families. The initiative dismantled the infrastructure behind malware that targeted crypto wallets and passwords, affecting more than 385,000 systems, according to Decrypt.
4 days ago·Decrypt·Reported by Decrypt Agent
Uniswap and Spark Team Up to Build Stablecoin FX Market
Uniswap and Spark are collaborating to create a foreign-exchange system for stablecoins, migrating $150 million in liquidity to support major stablecoins like USDT and PYUSD, according to CoinDesk. This initiative aims to enhance liquidity management as financial institutions increasingly venture into the stablecoin market.
4 days ago·CoinDesk·Reported by Krisztian Sandor
Post-Prison CZ Reflects on Lessons Learned and Future Plans
Changpeng "CZ" Zhao, former CEO of Binance, claims his prison experience helped build character and did not harm his business prospects. He emphasizes that his guilty plea for Bank Secrecy Act violations has not deterred potential partners, and he is focused on investment rather than returning to a CEO role, according to a CoinDesk interview.
4 days ago·CoinDesk·Reported by Jesse Hamilton
Circle and Nomura Team Up for Digital FX Settlements in Japan
Circle and Nomura Holdings announce a partnership to launch a USD Coin-based settlement service for cross-border transactions in Japan, potentially rolling out in 2027. This initiative aims to improve efficiency in Japan's foreign exchange market, which currently handles approximately $440 billion in daily transactions, according to CoinDesk.
4 days ago·CoinDesk·Reported by Olivier Acuna
MSTR and STRC Stocks Hit 52-Week Lows Amid Crypto Market Fluctuations
Strategy’s MSTR and STRC have dropped to 52-week lows as stress tests on Michael Saylor's treasury model increase. Decrypt reports that MSTR fell 9.35% to $94.13, while STRC slid 7.41% to $80.84, raising concerns in the broader crypto market.
4 days ago·Decrypt·Reported by Tyler Warner
Bitcoin Derivatives Indicate Market Panic Ahead of Core PCE Release
Investors in bitcoin derivatives exhibit heightened fear, paying premiums for downside protection as the core Personal Consumption Expenditures (PCE) data approaches, according to CoinDesk. A disappointing inflation reading could prompt a bullish market shift, while higher energy prices contribute to anticipated increases in headline inflation.
4 days ago·CoinDesk·Reported by Omkar Godbole
CoinEx Disputes Claims of $3.84 Billion Ties to Sanctioned Iranian Firms
CoinEx denies allegations from TRM Labs that it facilitated over $3.84 billion in transactions with sanctioned Iranian crypto firms. The Seychelles-registered exchange claims no commercial relationships with these entities, stating it has begun exiting related business. This report was published by CoinDesk on June 25, 2026.
4 days ago·CoinDesk·Reported by Jamie Crawley
Crypto Relief Rally Weakens Under Bearish Derivatives Signals
A recent relief rally in the crypto market appears fragile as bearish derivatives indicators persist, according to CoinDesk. Despite Bitcoin and Ether recovering slightly, the market shows signs of continued short positioning and capital inflows favoring bearish trades.
4 days ago·CoinDesk·Reported by Oliver Knight
Kalshi Pursues $40B Valuation Following Recent $1B Fundraise
Kalshi seeks a valuation of $40 billion, nearly doubling its $22 billion valuation from a recent funding round, according to the Financial Times. This funding conversation comes amidst regulatory scrutiny regarding its prediction market platform in the U.S.
4 days ago·Decrypt·Reported by Decrypt Agent
Bitcoin Supply in Loss Hits Record 10.83 Million BTC
On June 25, 2026, CoinDesk reported that Bitcoin's supply held at a loss reached a record 10.83 million BTC. This number reflects increased losses as Bitcoin's price fell below $59,100, with long-term holders controlling a significant portion of the circulating supply, highlighting their ongoing commitment amid market challenges.
4 days ago·CoinDesk·Reported by James Van Straten
Micron's Strong Earnings Impact Crypto Markets Amid Continued AI Demand
Micron Technology recently reported significant third-quarter earnings, surpassing Wall Street expectations, as detailed by CoinDesk. The results have bolstered AI memory stocks and affected the broader crypto market, with Bitcoin experiencing a rise back above $60,000, although concerns linger about liquidity shifts away from crypto amidst the AI boom.
4 days ago·CoinDesk·Reported by James Van Straten
Bitcoin Price Dips Below $60K Ahead of $10 Billion Options Expiry
On June 25, 2026, Bitcoin's price fell from around $67,000 to below $60,000, challenging the "max pain" theory as $10 billion in options are set to expire on Deribit, according to CoinDesk. The theory suggests that prices gravitate towards a certain level where options buyers incur maximum losses, a trend that appears absent this time.
4 days ago·CoinDesk·Reported by Omkar Godbole
Bitcoin and Ether Face $1 Billion Liquidation Amid Market Volatility
Bitcoin dropped to $59,175 before recovering to about $61,500, coinciding with nearly $1 billion in liquidated futures positions across multiple cryptocurrencies, according to CoinDesk. Market pressures include a hawkish Federal Reserve and significant options expiry, keeping traders cautious.
4 days ago·CoinDesk·Reported by Shaurya Malwa
MemeCore's M Token Plummets 74% Amid Allegations of Price Manipulation
MemeCore's M token has dropped approximately 74% within 24 hours, erasing nearly $3 billion in market value without any clear explanation, according to CoinDesk. On-chain investigator ZachXBT previously indicated that M's price may have been artificially supported by insiders.
4 days ago·CoinDesk·Reported by Shaurya Malwa
Bitcoin Establishes $59,000 Support Level Ahead of Core PCE Report
Bitcoin has established a new support level at $59,000, according to CoinDesk. This comes as traders prepare for the upcoming U.S. core PCE inflation report, which is expected to influence the cryptocurrency’s price trajectory significantly.
4 days ago·CoinDesk·Reported by Omkar Godbole
Ripple's RLUSD Stablecoin Launches in Japan Following Regulatory Approval
Ripple's RLUSD stablecoin receives regulatory approval in Japan, allowing SBI VC Trade to offer it to both institutional and retail customers. This marks a significant step for Ripple in the Japanese market as it seeks to expand its presence despite RLUSD's relatively small market capitalization of $1.7 billion compared to larger competitors.
4 days ago·CoinDesk·Reported by Shaurya Malwa
XRP Drops 2.8% as Market Pressure Drives Token Below Key Support
XRP falls 2.8 percent to approximately $1.07 after losing support at $1.0850, as reported by CoinDesk. Traders highlight the $1.05 to $1.07 range as critical, while broader market trends exert downward pressure on the token.
4 days ago·CoinDesk·Reported by Shaurya Malwa
Bitcoin Recovers Above $60,000 as Solana and Ether Edge Up
Bitcoin rebounds above $60,000 after falling to around $59,200, with Solana and Ether also recovering some losses. As reported by CoinDesk, ongoing pressure from U.S. spot bitcoin ETF outflows and a strong dollar complicate the market outlook despite recent gains in tech stocks.
4 days ago·CoinDesk·Reported by Shaurya Malwa