Author: John Smith
Polyhedra Network’s native token, ZKJ, dropped over 83% on June 15, hitting an all-time low of $0.3073, after a series of abnormal transactions and mass liquidity withdrawals linked to its associated token, KOGE. According to a June 15 post on x by Polyhedra, the incident stemmed from “abnormal on-chain transactions” involving the ZKJ/KOGE trading pair. KOGE, issued by a group known as 48 Club DAO, operates in close connection with ZKJ through shared liquidity pools and has been incentivized through Binance’s Alpha Points program. Dear Polyhedra community — we want to emphasize that the fundamentals of Polyhedra remain strong, both…
Vietnam has taken an official step toward legitimizing and regulating its digital economy with the passage of the Law on Digital Technology Industry—its first comprehensive legal framework recognizing crypto assets. The legislation not only distinguishes between virtual and crypto assets but also aligns the country with global anti-money laundering standards, potentially paving the way for removal from the Financial Action Task Force’s (FATF) gray list. Vietnam’s presence on the FATF gray list since 2023 has created compliance challenges for local financial institutions and increased scrutiny of cross-border transactions. Vietnam establishes a two-tier classification system The National Assembly approved the so-called…
At the recent Bitcoin 2025 conference, entrepreneur Jill Ford, founder of BitFord Digital, and Justin Rhedrick of the Bitcoin Transformation Community unveiled an ambitious new initiative at the intersection of crypto infrastructure and social justice. In their session, “Proof of Redemption: From (Prison) Bars to Bitcoin,” the duo introduced “Hash Over Cash” — a program that channels outdated mining equipment and donated hashpower into workforce reintegration and hands-on job training for formerly incarcerated individuals. Instead of relying solely on monetary donations, the initiative invites companies and individual miners to contribute used or broken ASIC rigs — or even temporarily redirect…
For several years, Strategy (formerly MicroStrategy) was the sole public company whose modus operandi was buying millions of dollars worth of Bitcoin with borrowed capital. These days, several other companies are trying to follow in Strategy’s footsteps. As more companies go all-in on stacking Bitcoin, critics are raising concerns about the growing centralization of crypto treasuries. Currently, just 216 entities—101 of which are public companies—hold nearly 31% of the circulating BTC supply, with corporate treasuries alone accounting for approximately 765,300 bitcoins, or 3.7% of total supply (excluding lost coins). This trend shows no sign of slowing, with existing firms continuing…
Ripple is making progress in its long-drawn legal battle with the U.S. Securities and Exchange Commission, with plans for a $50 million settlement. A joint filing made the headlines following several updates on firms planning to raise funds to purchase XRP and hold it as a treasury asset. Experts examine whether it is a “pump and dump” tactic to exploit sidelined traders or whether XRP could rally toward a new high in 2025. XRP price forecast The XRP weekly price chart shows that the long-term outlook on the native token of the XRPLedger is mixed. While technical indicators suggest a…
The cryptocurrency market will have numerous catalysts this week, including the Federal Reserve and Bank of England interest rate decisions, the ongoing Iran and Israel crisis, and potential Bitcoin and Ethereum ETF inflows. This article explores the top three cryptocurrencies to watch this week, including Solana, Ripple, and Zetachain. SEC ruling on Franklin Templeton’s XRP ETF looms Ripple (XRP) price will be a cryptocurrency to watch this week as the Securities and Exchange Commission delivers a ruling on Franklin Templeton ETF proposal on June 17. The most likely outcome is that the agency will postpone the ETF approval as it…
The Bitcoin network has been safe and stable for 15 years. However, elliptic curve cryptography, or ECC, was created in 1985 to protect Bitcoin, and concerns about its soon-to-be obsolescence intensify each year. The emerging technology of quantum computers challenges the network’s security. Crypto.news discussed the future of Bitcoin in the post-quantum era with Kapil Dhiman, the CEO of Quranium, a Layer 1 blockchain protocol optimized for post-quantum security, AI integration, and Ethereum Virtual Machine (EVM) compatibility. How did you realize that quantum computers are a threat, and when did you start dedicating most of your time to finding a…
From President Donald Trump’s $57 million crypto windfall to Ripple’s near-final settlement with regulators, last week marked a turning point for digital assets in both regulation and institutional adoption. Here’s our weekly recap: Trump discloses crypto profits Hoskinson proposes Cardano… Source link
Stablecoins are nearing a breakthrough moment, according to Circle CEO Jeremy Allaire, who likens their current state to the early days of the iPhone — full of untapped potential waiting on better infrastructure and developer tools. Allaire described stablecoins as “the highest utility form of money ever created” while suggesting widespread developer adoption remains ahead. The CEO’s comments respond to the growing recognition of stablecoins’ competitive advantages in financial services. The highest utility form of money ever created. And we are not quite yet at the iPhone moment when developers everywhere realize the power and opportunity of programmable digital dollars…
The price of Binance Coin has fallen from its highest point in May despite a surge in its active users, transactions, and decentralized exchange volume. Binance Coin (BNB) token dropped to $650 today, June 15, down by 6.70% from its highest point this year and 18% from the year-to-date high. Nansen data shows that BNB Smart Chain has become the fastest-growing chain in the last 30 days. It handled over 405 million transactions, up by 243% from the same period a month earlier. BSC’s transaction count was much higher than all the other blockchains except Solana (SOL), which handled over…