Securities and Exchange Commission (SEC) Commissioner Rogelio Quevedo warned digital asset companies last Friday against launching without proper permits, stating that violators will face steep penalties. Speaking during Philippine Blockchain Week, Quevedo revealed that three platforms that offer crypto must pay outstanding fines of approximately 20 million pesos before they can be admitted into the
Key Takeaways Record-setting negative readings indicate sustained weakness among major U.S. bitcoin buyers. Meanwhile, retail-focused trading activity appears more resilient than institutional participation. Analysts say a sustained recovery in the index would likely require stronger participation from institutional investors. Institutional Buyers Stay on the Sidelines as Negative Coinbase Premium Deepens Concern Bitcoin continues to show
Key Takeaways Clément Lesaege proposed a 10% Ethereum staking redirect, altering validator funding models. Via Network’s Romano slammed the 10% tax plan, fueling market backlash over the proposal. The Kleros founder’s plan requires a validator majority to pass, next forcing Ethereum compliance. Controversial Redirect Rate Ethereum Infrastructure Funding Proposal Surges To Fund Joint Ethereum Development
Key Takeaways Researchers estimate 3.1 million BTC permanently lost as of June 20, 2026. River’s 2025 report found 1.57 million BTC lost in self-custody, mostly before 2020. El Khatib and Legout confirmed only 3,197.61 BTC as provably burned through April 2024. The discussion happened 16 years ago today, on June 21, 2010, in a Bitcointalk
Key Takeaways Elon Musk proposed direct Treasury payments instead of AI equity stakes on June 20, 2026. VT Senator Bernie Sanders’ bill seeks a 50% stock tax on major AI firms to fund a sovereign wealth fund. SpaceX’s IPO pushed Musk’s net worth past $1 trillion days before his statement. Musk Tells Treasury to Send
Key Takeaways National Business Pension Fund targets 1% crypto allocation worth $1.36 million in FY2026. Fund cuts yen exposure from 80% to 70%, citing the dollar’s weakening reserve status. Japan’s FIEA bill, passed June 11, 2026, could pave the way for crypto exchange-traded funds (ETFs) next. The Nikkei Shimbun report says that the Okayama City-based
Key Takeaways Andre Cronje, Michael Kong, David Richardson left Sonic Labs board this week. Sonic’s S token fell 97% from its $1.03 peak, with total value locked (TVL) down to $20 million. Matt Visser becomes CEO, pledging incremental, transparent governance reform. The three founding board members built Sonic Labs, formerly the Fantom Foundation, from the
Key Takeaways Saylor’s orange-dot chart renewed attention on Strategy’s multi-year bitcoin accumulation strategy. Strategy holds 846,842 BTC, alongside cash, debt, leverage, and dividend obligations. Market watchers are awaiting another purchase update following Saylor’s latest post. Strategy’s Expansive Bitcoin Holdings Draw Renewed Attention Following Release of New Chart On June 21, Strategy Executive Chairman Michael Saylor
President Milei Exempts Registered Crypto Exchanges From Argentina’s ‘Cheque Tax’ President Javier Milei has issued an executive order declaring tax exemptions for virtual asset service providers (VASPs) registered in Argentina. The measure aims to increase the inclusion of crypto exchanges in the Argentine financial products market, leveling the playing field with traditional institutions. The “debt
Key Takeaways Microsoft Defender flagged a new USB malware that exposes bitcoin transactions to theft. The script steals 12 or 24-word seed phrases, threatening tron and monero wallet security. Microsoft next urges users to block shortcuts to stop the malware from spreading trough removable drives. Microsoft Alerts About Windows Malware That Changes Cryptocurrency Addresses The