Japan’s Bitbank cracks down on Polymarket-linked transfers
Japanese crypto exchange Bitbank warns users of possible account suspensions for Polymarket-linked transactions, citing Japan’s gambling laws. Go to Source
$150 Million in Crypto Shorts Liquidated as Bitcoin Closes in on $66K
Roughly $150 million worth of short positions were wiped out across the crypto market after the U.S. and Iran agreed to a peace deal, as bitcoin seeks to claim the $66,000 threshold. Short Squeeze Follows Geopolitical De-escalation About $150 million in short positions were liquidated following the U.S.-Iran peace agreement. The wipeout came as bitcoin … Read more
ZEC Surges 17% After Emergency Fork Seals Flaw and Triggers $13M Short Squeeze
Zcash’s price jumped 17% in under 10 hours—moving from $426 to nearly $500—adding over $1 billion to its market capitalization and triggering more than $13 million in short liquidations. ZEC Liquidates $13M in Short Bets Privacy coin ZEC surged early Monday, June 15, amid reports that the Zcash protocol underwent an emergency hard fork to … Read more
Oil Prices Crash 4% And Bitcoin Approaches $66,000 as Trump Declares US-Iran Peace Deal ‘Complete’
Crude oil prices fell roughly 4% after U.S. President Donald Trump declared that a peace deal with Iran is “officially complete” and that the Strait of Hormuz is now open. The selloff rippled into risk assets as bitcoin reclaimed $65,000. Crude Slides as Trump Declares Iran Deal Done Brent crude futures for August delivery traded … Read more
IREN’s $3.65B Financing: The Customer Is the Collateral
$IREN secured 96% of the $5.81bn GPU capex for its Microsoft contract at a low single-digit all-in financing cost. This was enabled by by the Microsoft lease itself and carries investment-grade credit rating. The following guest post comes from BitcoinMiningStock.io, a public markets intelligence platform delivering data on companies exposed to bitcoin mining, artificial intelligence, … Read more
Bitcoin nears $66K as Trump says US has peace deal with Iran
US President Donald Trump says the US and Iran have a deal for a “toll-free opening of the Strait of Hormuz,” sending Bitcoin to a two-week high. Go to Source
Coins.ph Adds Bitcoin and Ethereum to National QR Ph, Reaching 700,000 Philippine Merchants
Coins.ph integrated bitcoin and ethereum into the Philippines’ national QR Ph network, allowing users to spend crypto seamlessly across nearly 700,000 local merchants. The Evolution of the Philippines’ QR Ph Network The integration of digital assets into the Philippines’ national quick-response (QR) code network is expanding to include volatile cryptocurrencies alongside dollar-pegged stablecoins, signaling an … Read more
CFTC sues New Mexico over prediction market jurisdiction
New Mexico is the eighth state sued by the CFTC over prediction markets, as Gary Gensler doubted the regulators’ claim of authority over sports event contracts. Go to Source
Aztec Connect’s abandoned smart contract exploited for $2.1M
The Aztec Connect platform was deprecated in March 2023, but the immutable smart contract still held over $2 million in crypto assets. Go to Source