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Ripple Wins Partial Summary Judgment in Securities Lawsuit

[Jun 21 9:10 AM] The U.S. District Court for the Northern District of California has issued an order granting in part and denying in part the motion for summary judgment in a lawsuit concerning allegations of securities law violations against Ripple Labs, XRP II…

Follow The Whales? Arthur Hayes Buys Pendle, Token Soars 25%

[Jun 21 3:30 AM] Pendle (PENDLE), a cryptocurrency powering a decentralized finance (DeFi) protocol, has experienced a price surge in recent days. This rally comes amidst positive developments within the Pendle ecosystem and a high-profile investment from industry…

Federal Agents Crack Down on Drug Ring Using Crypto Mixers

[Jun 20 10:24 PM] Holly Danielle Adams, 34, from California, has pleaded guilty to charges of drug distribution conspiracy and money laundering via cryptocurrency mixers. This case stems from an investigation by the Northern California Illicit Digital Economy…

Volatile Bitcoin Movement Causes $118M in Crypto Liquidations

[Jun 20 1:05 PM] On Thursday, bitcoin (BTC) peaked at $66,455 per coin around 7 a.m. EDT but dropped to approximately $64,516 by noon. The volatile movements resulted in $118.82 million in liquidations across the crypto economy, with long positions accounting for…

Bitflyer Takes Over FTX’s Defunct Japanese Unit: NHK

[Jun 20 9:23 AM] According to a local report, the Japan-based crypto exchange Bitflyer has acquired the failed Japanese unit of FTX. The report indicates that arrangements are currently underway to take over the business. Bitflyer Acquires Bankrupt FTX Japan, Local…

Report: Bitcoin Market Lacks Upward Momentum Amid Weak Demand

[Jun 20 6:19 AM] Bitcoin continues to trade near a crucial price level, with the downside appearing limited but a lack of bullish momentum evident. The leading cryptocurrency stands around the $65,000 to $66,000 mark, a critical onchain realized price that could…