Day: 11 June 2025

Connecticut has become the first U.S. state to formally prohibit its government from investing in cryptocurrencies, including Bitcoin, marking a significant departure from a growing trend among states considering digital assets as part of their financial reserves. On June 10, 2025, Connecticut lawmakers passed legislation that bans all state agencies, ...

Several high-profile footballers have been named in connection with an alleged $3.4 million cryptocurrency fraud case, a matter that has sent shockwaves through both the sports and crypto communities. The investigation, led by Spanish authorities, centers on a suspected Ponzi scheme that promised lucrative returns through cryptocurrency investments but ultimately ...

India’s Central Bureau of Investigation (CBI) has dismantled a sophisticated transnational cybercrime network, confiscating over $327,000 worth of cryptocurrency in a sweeping operation that highlights the growing use of digital assets in global financial crimes. The CBI’s recent crackdown targeted a group accused of orchestrating large-scale online scams that defrauded ...

Polygon has appointed its co-founder, Sandeep Nailwal, as CEO of the Polygon Foundation. This move signals a strategic shift aimed at streamlining decision-making and fast-tracking the expansion of AggLayer, Polygon’s interoperability protocol. ⚡NEW: #Polygon co-founder Sandeep Nailwal is now the CEO of the Polygon Foundation. Under Nailwal’s leadership, Polygon plans ...

GameStop Corp (GME) saw its shares decline over 3.5% in after-hours trading on Tuesday following the release of its first-quarter earnings report for the period ending May 3, 2025. The video game retailer reported mixed results, with revenue falling short of analyst expectations amid ongoing challenges in its core physical ...

PEXX, a Singapore-based cross-border USD platform, has officially launched its comprehensive neo-banking suite, now available to users in over 50 countries. Aimed at modern global citizens, the platform seeks to replace outdated financial systems with seamless, real-time digital banking tailored to the needs of today’s mobile workforce. Through this expanded ...

Reflexivity Research, a subsidiary of DeFi Technologies Inc., has entered into a strategic partnership with Beluga, a platform renowned for simplifying cryptocurrency content and education. This collaboration is designed to strengthen both companies' foothold in the digital asset ecosystem by expanding research distribution, driving joint business development, and broadening advisory ...

The Blockchain Group, hailed as Europe’s first Bitcoin Treasury Company listed on Euronext Growth Paris, has received overwhelming shareholder approval to issue more than €10 billion in shares and financial instruments. This authorisation gives the company the flexibility to launch new offerings with or without preferential subscription rights, either through ...

Online trading platform Webull has expanded its cryptocurrency offerings with the launch of hourly crypto prediction markets, developed in partnership with Kalshi—the first U.S. prediction exchange regulated by the Commodity Futures Trading Commission (CFTC). This new feature, now available to U.S. retail investors, enables users to make over/under predictions on ...

The Louisiana House of Representatives has unanimously approved House Resolution 317, setting in motion the creation of a subcommittee to study the effects of cryptocurrency, blockchain, and artificial intelligence. Introduced by Representative Mark Wright, the resolution passed during the House’s regular session on June 10 with a 90–0 vote, signalling ...