IMF Warns Nigeria’s Stablecoin Boom Could Weaken Local Currency Demand
The IMF reports that Nigeria captured 60% of all stablecoin traffic in sub-Saharan Africa as…
Bitcoin
Bitcoin ETFs Lose $82M as Ark and Blackrock Reverse Prior Session Gains
Crypto ETF flows turned negative again on Wednesday, June 17, as bitcoin and ether funds…
Tether Trims Bitdeer Stake After AI Push Lifts Bitcoin Mining Stock
Tether has started trimming its Bitdeer (NASDAQ: BTDR) stake after reloading on the bitcoin mining…
Ghana and the UK Use Blockchain to Recover $15.1M From Cross-Border Scam
Law enforcement agencies from Ghana and the United Kingdom recently collaborated to seize $15.1 million…
Inveniam Capital Partners Pushes Mantra Acquisition After $20M Bet, Cementing RWA-AI Stack
Inveniam Capital Partners has agreed to fully acquire the blockchain project MANTRA and its affiliated…
Yield Basis Deposits Jump 120% in 2 Weeks as Investors Seek BTC Yield Without Selling
Yield Basis says deposits into its new Hybrid Vaults rose more than 120% in under…
Zimbabwe Central Bank Unit Unveils Regulatory Framework for Crypto Firms
The Financial Intelligence Unit (FIU) of the Zimbabwean central bank has mandated that all virtual…
HyperFund Promoter ‘Bitcoin Rodney’ Pleads Guilty in $1.8 Billion Crypto Scam
HyperFund drew $1.8 billion from investors worldwide through a crypto platform prosecutors described as a…
Crypto Investors Could Lose Key Tax Advantage Under New House Proposal
Proposed crypto tax changes could limit loss-harvesting strategies by extending wash sale and constructive sale…
Ripple’s Schwartz Highlights XRP Use Cases Ahead of Largest-Ever Swell Event
Ripple CTO Emeritus David Schwartz highlighted XRP use cases spanning payments, tokenization, decentralized finance, interoperability,…
Trace Finance Takes $32M Series A to Scale the Bank Layer Stablecoins Are Missing
Trace Finance, a regulated cross-border payments company, closed a $32 million Series A to extend…
Trader Garrett Jin Dumps $13.5M in HYPE, Holds $83M BTC and $25M ZEC Longs
A wallet tied to former Bitforex chief Garrett Jin has sold its entire 184,102 HYPE…
Polymarket Gets Hit With $487,000 Dutch Penalty for Halting Service One Day Too Late
The Dutch gambling regulator (KSA) has moved to collect €420,000 (~$487,000) from the company behind…
Blackrock Leads Crypto ETF Inflows as Bitcoin, Ether and XRP All Turn Positive
Crypto ETF flows turned positive across the board on Tuesday, June 16, with bitcoin, ether,…
A Second Nation Just Built a State Bitcoin Mining Pool — Oman’s Omanhash.om Redraws the Map
Oman has launched a mandatory national bitcoin mining pool, requiring every licensed cryptocurrency miner in…