Bitcoin is closing in on a new high, buoyed by renewed optimism that the United States and China have reached a final agreement on their long-awaited trade deal. The world’s largest trading economies have nearly finalized their trade agreement, according to a June 11 post on Truth Social by US President Donald Trump. “Our deal … Read more
The explosion of fraudulent apps on the Google Play Store directly targets stealing cryptocurrencies from less attentive users. In particular, a phishing campaign has targeted digital wallets to steal financial assets like Bitcoin and other cryptocurrencies, using increasingly sophisticated techniques. This threat exposes investors to financial losses that are difficult to recover, considering the irreversible … Read more
Key Notes Ukraine’s parliament proposes a bill to let the central bank add Bitcoin to national reserves. The decision to include crypto assets will be at the regulator’s discretion. The bill aims to boost financial innovation and strengthen Ukraine’s macroeconomic stability. A draft bill submitted to the Ukrainian parliament proposes allowing the National Bank of … Read more
A growing divide is emerging among US states over how to approach digital assets, with some jurisdictions warming up to Bitcoin and blockchain innovation, while others are slamming the brakes. This has become particularly evident in how Connecticut and Louisiana offer contrasting responses to the evolving crypto economy through recent legislative efforts. No Bitcoin reserve … Read more
Connecticut lawmakers unanimously passed a bill prohibiting state and local government divisions from accepting cryptocurrency payments and holding crypto assets. The House Bill 7082, titled “An Act Concerning Various Revisions to the Money Transmission Statutes, State Payments and Investments in Virtual Currency […],” received bipartisan support and was signed into law on Tuesday. The bill … Read more
Judges approve warrants at alarming speeds. getty A groundbreaking empirical analysis of Utah’s electronic warrant system shows judges approving search warrants at alarming speeds—half of all decisions happen in just over three minutes, and one in ten take less than a minute. This largest-ever quantitative study of warrants raises urgent questions: Is digital efficiency in … Read more
Decentralized data-lakehouse SQD Network has launched Oceanstream, a platform that provides real-time, institutional-grade financial data from over 200 blockchains. Data From 200 Blockchains in Real Time SQD Network, a decentralized data-lakehouse, announced on June 10 the launch of Oceanstream, a platform designed to deliver institutional-grade financial data from more than 200 blockchains in real time. … Read more
Japan’s Astar Network has become the first blockchain to implement the SuperchainERC20 standard for its ASTR token, in a move aimed at addressing longstanding interoperability issues between networks like Ethereum and Polkadot. SuperchainERC20 enables interoperability across Optimism’s Superchain collective, which consists of dozens of projects working to scale Ethereum. ASTR can now move between Astar’s … Read more
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet DETROIT — General Motors plans to invest $4 billion in three American assembly plants, including moving or increasing production of two Mexican-produced … Read more
Key takeaways: SOL futures open interest is up 12%, signaling strong institutional interest. Spot Solana ETF approval odds jump to 91% on Polymarket. A SOL price bull flag is in play on the weekly chart, targeting $335. Solana (SOL) price is up 4.3% over the last 24 hours to trade at $165 on June 11. … Read more