Author: John Smith

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…

Coinbase has launched 24/7 trading for U.S.-regulated gold and silver futures through Coinbase Derivatives Exchange. Summary Coinbase launched 24/7 trading for U.S.-regulated gold and silver futures. Eligible traders can access one-ounce gold and 50-ounce silver contracts. The launch supports Coinbase’s “Everything Exchange” strategy beyond digital assets. The new products let eligible U.S. traders access precious metals nearly every day, including weekends and holidays. The launch expands Coinbase beyond digital assets and adds traditional commodities to its always-on trading infrastructure. Coinbase opens round-the-clock metals trading Eligible traders can now buy and sell regulated gold and silver futures through participating brokers. The…

U.S. spot Ethereum ETFs ended June 12 with $4.95 million in daily net outflows. Summary U.S. spot Ethereum ETFs recorded $4.95M in daily net outflows on June 12. BlackRock’s ETHA led daily outflows with $4.53M and 2,720 ETH leaving the fund. Most Ethereum ETFs recorded zero daily flow changes, while all listed prices declined. Total trading value reached $483.85 million, while net assets stood at $9.16 billion. The funds accounted for 4.56% of Ethereum’s market capitalization after the latest update.  Ethereum ETF losses deepen as ETHA and FETH lead daily outflows  Tracking the trend of each Ethereum ETF, the recent…

Standard Chartered has kept its $100,000 Bitcoin target and $4,000 Ethereum target after the selloff. Summary Standard Chartered kept its $100K Bitcoin target after BTC rebounded from the $59K zone. Geoffrey Kendrick linked the selloff to forced selling, weak ETF flows, and liquidity stress. Kendrick kept the $4K Ethereum target and expects ETH to outperform Bitcoin. Standard Chartered digital-assets research head Geoffrey Kendrick said the drop likely set the cycle bottom in his latest note. Bitcoin fell toward $59,000 before rebounding near $63,500, while Ethereum traded near $1,665. Bitcoin’s price target stays at $100,000 Kendrick described the $59,000 Bitcoin move…

Anthropic has suspended access to its newly launched Fable 5 and Mythos 5 artificial intelligence models after receiving a U.S. government export control directive tied to national security concerns. Summary Anthropic suspended Fable 5 and Mythos 5 after receiving a U.S. export control directive. The company said officials cited national security concerns linked to a potential jailbreak method. The move comes days after the launch of the new AI models and amid a major infrastructure expansion push. According to a statement published by Anthropic on Friday, the company received the directive at 5:21 p.m. ET, instructing it to block access…

Grayscale Investments has filed an amended registration statement for its proposed spot NEAR ETF. Summary Grayscale amended its spot NEAR ETF filing and added SEC Registration No. 333-292834. BitGo replaced Coinbase Custody as primary custodian, while Coinbase remains an additional custodian. The filing updated NEAR data, including 1.3 billion circulating tokens and a $1.5 billion market cap. The update introduces custody changes and revised disclosures tied to the NEAR Protocol ecosystem. The filing arrives as investor interest in artificial intelligence-linked crypto assets increases following SpaceX’s public market debut. Grayscale revises NEAR ETF registration According to the amended S-1 filing submitted…

Coinbase has unveiled the next stage of its expansion strategy, with plans to combine trading, lending, payments, derivatives, and AI-powered services into a single financial platform. Summary Coinbase will unveil the next phase of its “Everything Exchange” strategy on June 16. New products span AI trading agents, prediction markets, stocks, lending, and DeFi services. Bernstein sees Coinbase benefiting from up to $10 billion in World Cup-related prediction market activity. According to a company blog post published by Coinbase executive Max Branzburg, the crypto exchange is building what it describes as a unified account where users can access multiple financial products…