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Tag: Cryptocurrencies

EU Proposes Expanded Crypto Sanctions on Russia in 21st Package, Targeting Third-Country Platforms

EU Proposes Expanded Crypto Sanctions on Russia in 21st Package, Targeting Third-Country Platforms

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The European Commission proposed the 21st sanctions package focusing on energy, finance, crypto, trade, and fisheries. Measures include transaction bans on additional Russian banks and 20 third-country entities, including crypto platforms. For the first time, the EU eyes a full ban on crypto-asset services from non-EU countries hosting evasion platforms. The move aims to close loopholes amid rising illicit crypto volumes linked...

Crypto regulation, Cryptocurrencies, Front page, News, Regulation

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Humanity Protocol Hit by M Private Key Exploit as H Token Crashes Nearly 90%

Humanity Protocol Hit by $32M Private Key Exploit as H Token Crashes

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Around 17 wallets interacting with Humanity Protocol were drained for over $32 million in an ongoing exploit. Founder Terence Kwok confirmed a private key compromise of a Humanity Foundation member. The H token crashed up to 90%, trading near $0.13 after selling pressure from stolen and minted tokens. The project urged users to avoid bridges and liquidity pools while investigations continue. Humanity Protocol, a...

Cryptocurrencies, Front page, Hacks, News

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Bitcoin Reclaims ,000 in Oversold Relief Rally as Geopolitical Tensions and Asian Markets Roil Sentiment

Bitcoin Reclaims $63,000 in Oversold Relief Rally as Geopolitical Tensions and Asian Markets Roil Sentiment

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Bitcoin recovered above $63,000 in a classic oversold relief rally after a sharp weekly decline, trading around $63,200-$63,400 as of early June 8, 2026. Renewed military exchanges between Iran and Israel rattled global markets, sending oil prices higher and Asian equities, including South Korea’s KOSPI, sharply lower. Strategy’s Michael Saylor signaled potential further Bitcoin accumulation amid the volatility. Bitcoin...

Bitcoin, Cryptocurrencies, Front page, News

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Major U.S. Banks, Including JPMorgan and Citi, Plan Shared Tokenized Deposit Network to Compete With Crypto

Major U.S. Banks, Including JPMorgan and Citi, Plan Shared Tokenized Deposit Network to Compete With Crypto

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Major U.S. banks plan a tokenized deposit network operated by The Clearing House, targeting launch in first half of 2027. The initiative connects traditional payment rails with blockchain infrastructure for instant, programmable settlements. Tokenized deposits are positioned as a regulated alternative to stablecoins, retaining bank deposit characteristics including credit risk and regulatory treatment. JPMorgan has already...

Crypto adoption, Cryptocurrencies, Front page, News

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Bitmine Launches 9.5% Preferred Stock Offering to Fuel Ethereum Treasury Strategy Amid Billion Unrealized Losses

Bitmine Launches 9.5% Preferred Stock Offering to Fuel Ethereum Treasury Strategy Amid $9 Billion Unrealized Losses

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Bitmine plans to raise up to $300 million through 3 million shares of 9.5% Series A Perpetual Preferred Stock. Proceeds targeted for additional ETH acquisitions, staking expansion via MAVAN, and general corporate purposes. Company holds over 4.5% of ETH supply with ~$9 billion in unrealized losses as prices hover near recent lows. Move mirrors Michael Saylor’s Strategy Bitcoin treasury approach but applied to Ethereum. ...

Cryptocurrencies, ETF, Ethereum, Front page, News

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