Coinbase Ventures Invests in ENA as Ethena Scales USDe Beyond $1B

Coinbase Ventures has purchased ENA on the open market as Coinbase and Ethena prepare to launch new onchain finance and savings products. The partnership could bring Ethena’s products to Coinbase’s user base of more than 100 million people. Coinbase Ventures Buys ENA as Ethena Targets 100M Coinbase Users Coinbase Ventures has taken a position in … Read more

George Santos Hyped His State of the Union Seat, Then Bet He Wouldn’t Show

Former U.S. congressman George Santos publicly promised he would attend President Trump’s State of the Union address in February, then quietly bet on Kalshi that he would not, according to people familiar with his trades. The prediction market froze his account and referred the case to two federal regulators, both of whom have opened insider-trading … Read more

Community Clashes Over Strategy’s First Bitcoin Sale in 4 Years as MSTR Craters 7%

Strategy Inc. sold 32 bitcoin between May 26 and May 31 for roughly $2.5 million, its first disclosed net bitcoin disposal since December 2022, according to a June 1 Form 8-K filing with the U.S. Securities and Exchange Commission (SEC). For the first time in four years, Strategy founder Michael Saylor, the man who built … Read more

SEC Commissioner Challenges Blockchain Oversight Push That Could Shape Crypto Rules

SEC Commissioner Hester Peirce challenged broad oversight of blockchain infrastructure, arguing securities rules should not automatically reach neutral networks, open-source code, or noncustodial tools. Her remarks framed crypto regulation around control, custody, and discretion. Why the SEC’s Blockchain Boundary Fight Could Reshape Crypto Rules A June 3 speech from U.S. Securities and Exchange Commission (SEC) … Read more

XRP Falls Sharply as Traders Brace for Deeper Crypto Sell-Off

XRP extended its decline, testing support near the $1.14 level, as heavy long liquidations, persistent selling pressure, and a series of lower highs reinforced the cryptocurrency’s bearish market structure. XRP Price Slides as Selling Pressure Intensifies At 10:09 p.m. on June 3, XRP was trading at $1.15712, extending a sharp decline that has dominated recent … Read more

Ripple Expands RLUSD Into Turkey as a $200B Crypto Market Signals Bigger Stablecoin Demand

RLUSD, Ripple’s USD-backed stablecoin, has launched in Turkey via local crypto platforms, giving enterprises regulated access to digital dollars. The rollout supports payments, liquidity, collateral management, and tokenization in a market with roughly $200 billion in annual crypto volume. RLUSD Enters Turkey Through Local Platforms Serving Crypto Users Ripple said its USD-backed stablecoin, RLUSD, is … Read more

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