Day: 17 June 2025

Crypto industry heavyweight and BitMEX co-founder Arthur Hayes has sounded the alarm over what he describes as an impending “stablecoin mania,” warning that a wave of new stablecoin companies attempting to emulate Circle’s IPO success are likely to be overvalued and doomed to fail. In a sharply worded blog post ...

Infini, China’s most widely used crypto card payment service, has announced it will cease all card operations starting June 17. According to a notice shared via X, the shutdown will affect all card-based products, including the Global Card, Lite Card, and Tech Card. These services will no longer function for ...

B2Broker has launched Perpetual Futures trading on its flagship B2Trader platform, marking a major advancement in its crypto product lineup. This upgrade allows brokers and exchanges to offer Crypto Spot and Perpetual Futures trading alongside FX, CFDs, and tokenised assets all through a unified, cloud-based system designed to meet institutional ...

Sergey Nazarov, co-founder of Chainlink, has laid out a decisive vision for the future of stablecoins, asserting that forthcoming U.S. regulations will catalyse a surge in global stablecoin issuances. In his view, Chainlink is uniquely positioned to support this transformation, providing the necessary infrastructure for a new generation of compliant, ...

The cost of mining a single Bitcoin has climbed to new highs, with median production expenses projected to exceed $70,000 in the second quarter of 2025. This marks a significant increase from $64,000 in Q1, according to a fresh industry report from research firm TheMinerMag. The rise — nearly 9.4% ...

Bank of America (BoA) has recognised Bitcoin as one of the most disruptive innovations in the past millennium, placing it alongside transformative technologies that have reshaped society. The bank’s recent report highlights Bitcoin’s potential to revolutionise finance by decentralising control and enabling peer-to-peer transactions without intermediaries. Source: X The report ...

Cantor Fitzgerald has initiated coverage of three public companies, DeFi Development Corp., Upexi, and Sol Strategies, that are integrating Solana (SOL) into their treasury management strategies. These companies aim to emulate the success of Bitcoin-focused treasury models, such as MicroStrategy’s, but are placing Solana at the core of their digital ...

Fireblocks, a decentralized infrastructure powerhouse, has entered the ongoing debate surrounding the scalability limits of blockchain networks. This move comes in response to rising concerns that Maximal Extractable Value (MEV) has become a primary bottleneck in blockchain performance. The company’s remarks followed a widely circulated statement on social media, which ...

Global cryptocurrency markets are reeling once again, with Bitcoin and altcoins dipping sharply on June 16, as geopolitical tensions in the Middle East intensify. The downturn followed a wave of unsettling developments, including a stark warning from U.S. President Donald Trump and growing fears of a full-blown conflict between Israel ...

Fairmint, a registered SEC transfer agent and leading platform for onchain securities, has submitted a detailed seven-point policy proposal to the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force. The framework outlines actionable steps to modernize the $6 trillion U.S. private securities market using blockchain infrastructure. Currently, the private ...