Author: John Smith
The Bangko Sentral ng Pilipinas (BSP) has introduced stricter requirements for virtual asset service providers (VASPs), requiring them to apply deeper screening, monitoring, and delisting procedures for cryptocurrencies offered to customers. Summary BSP requires crypto exchanges to conduct deeper reviews before listing tokens and stablecoins locally. New rules mandate continuous monitoring and clear delisting triggers for higher-risk virtual assets. Privacy-focused cryptocurrencies remain prohibited as regulators strengthen consumer protection and compliance safeguards. The move comes as regulators continue to strengthen oversight of the country’s digital asset market. The new guidance requires VASPs to establish a “robust due diligence and accreditation process”…
U.S. President Donald Trump said a peace deal with Iran could be signed on Sunday, setting up a direct clash with Tehran over the timing of the agreement. Summary Trump said a U.S.-Iran deal could be signed Sunday, but Tehran rejected that exact timeline. Hormuz reopening could ease energy pressure and support risk appetite across Bitcoin and crypto markets. ETF outflows and Galaxy’s lower BTC floor keep crypto traders cautious despite peace deal hopes. The claim drew attention across crypto markets because the draft deal is expected to reopen the Strait of Hormuz. Traders are watching whether lower energy stress…
Siren has plunged about 75% to $0.126 after a large holder reportedly sold 17 million tokens across multiple on-chain addresses, triggering one of the steepest declines seen in the market this week. Summary SIREN crashed about 75% to $0.126 after a whale reportedly sold 17 million tokens across multiple wallets. Open interest fell nearly 40% to $28 million as traders unwound positions and reduced leverage. The sell-off renewed concerns over token concentration, with analyst EmberCN claiming whales control 94% of SIREN’s supply. According to on-chain analyst EmberCN, a whale sold roughly 17 million SIREN tokens, including 6.75 million siren2-native tokens,…
Bitcoin has entered a period where preparations for quantum-resistant security should begin immediately, according to a new report from Coinbase’s independent advisory board of cryptography experts. Summary Coinbase’s advisory board says Bitcoin should begin preparing for a transition to quantum-resistant cryptography now. The report does not endorse freezing vulnerable BTC, leaving the decision to the Bitcoin community. Researchers estimate that between 1.7 million and 5 million BTC could face future quantum-related risks. According to the report published by Coinbase’s advisory board, the Bitcoin community should start developing and implementing a migration path to post-quantum cryptography now rather than waiting for…
According to a recent SoSoValue update, U.S. spot Bitcoin ETFs recorded $85.85 million in daily total net inflow on June 12. Summary U.S. spot Bitcoin ETFs recorded $85.85M in daily net inflows on June 12. BlackRock IBIT led all funds with $57.69M in daily net inflow. Grayscale GBTC and BTC recorded zero daily inflows, while BITB added $5.18M. Total value traded reached $1.81 billion, while total net assets stood at $79.65 billion. Those assets represented 6.26% of Bitcoin’s market capitalization after the update completed. BlackRock IBIT draws $57.69M as Fidelity FBTC adds $18M A deep dive into the performance of…
Cathie Wood’s ARK Invest purchased roughly $444 million worth of SpaceX shares on June 12 while reducing its exposure to Advanced Micro Devices, making one of its biggest portfolio shifts as Elon Musk’s rocket company began trading on public markets. Summary ARK Invest purchased 3.29 million SpaceX shares worth roughly $444 million across four ETFs on June 12. The firm also trimmed its AMD position, selling 80,536 shares valued at about $39.3 million. SpaceX closed its first trading day nearly 19% above its IPO price, pushing its market value above $2.1 trillion and helping Elon Musk become the world’s first…
Zimbabwe has placed cryptocurrency firms under Reserve Bank of Zimbabwe oversight through new anti-money laundering rules. Summary Zimbabwe’s Statutory Instrument 99 of 2026 places crypto firms under RBZ AML oversight. Crypto companies must register as VASPs before offering digital asset services locally. Firms with smart contract control, fund routing, or fee-setting powers must comply. Statutory Instrument 99 of 2026 places crypto businesses under the RBZ unit that handles financial crime controls. The rules require firms that buy, sell, transfer, or store digital assets to register as VASPs. Crypto firms must register as VASPs The new framework gives Zimbabwe a formal…
Zcash has undergone a follow-up security audit using Anthropic’s Mythos system, which, according to founder Zooko Wilcox, found no additional serious vulnerabilities in the protocol after the recent Orchard flaw disclosure. Summary Anthropic’s Mythos audit found no additional serious vulnerabilities in the Zcash protocol following the recent Orchard flaw disclosure. The review followed emergency upgrades that fixed a vulnerability that could theoretically have enabled unlimited counterfeit ZEC creation. ZEC has pulled back to around $417 after a sharp rebound, while technical indicators suggest resistance remains near the $465 level. According to Wilcox, Anthropic carried out the audit at the request…
Michael Saylor said SpaceX’s IPO marks a milestone for corporate Bitcoin adoption, arguing that 25% of the so-called Mag 8 now hold BTC on their balance sheets. Summary Michael Saylor said Tesla and SpaceX put Bitcoin on the balance sheets of 25% of the Mag 8. SpaceX holds 18,712 BTC, while Tesla owns 11,509 BTC, according to BitcoinTreasuries. Public companies now hold 1.26 million BTC worth about $80.56 billion across 199 firms. In a June 13 X post, the Strategy chairman congratulated Elon Musk and SpaceX following the company’s highly anticipated stock market debut. Saylor used the occasion to highlight…
Ripple has introduced tools that let AI agents use XRP and RLUSD for payments at a time when USDC continues to dominate activity on the fast-growing x402 machine-payment network. Summary Ripple launched the XRPL AI Starter Kit, enabling AI agents to use XRP and RLUSD for automated payments through the x402 protocol. USDC remains the dominant asset in x402 payments, with more than 120 million cumulative transactions and over $41 million in settled volume. Ripple is expanding RLUSD adoption through Mastercard’s stablecoin settlement network and MXNB-powered cross-border payment infrastructure. According to Ripple, the company this week released the XRPL AI…