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Breaking News
  • [ July 12, 2026 ] Emergency Action as Magic Internet Money (MIM) Depegs 50% NFT
  • [ July 12, 2026 ] US Bitcoin ETFs break 8-week outflow streak Bitcoin
  • [ July 12, 2026 ] Ethereum’s Power Use Drops 99.9% Post-Merge, Cambridge Study Finds Ethereum
  • [ July 12, 2026 ] Pakistan Crypto Regulator Seeks Dialogue Over Islamic Ruling Blockchain
  • [ July 12, 2026 ] Google Gemini AI Predicted This Solana Price for Next 90 Days Cryptocurrency
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Luno CEO James Lanigan Warns $33T Stablecoin Boom Could Bypass South Africa
Regulation

Luno CEO James Lanigan Warns $33T Stablecoin Boom Could Bypass South Africa

June 11, 2026

Key Takeaways National Treasury and SARB extended the draft regulations comment deadline to June 30, 2026, after a backlash.Luno CEO Lanigan warns the rules could block firms from using a $33 trillion global stablecoin payment […]

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Regulation

CFTC Proposes Prediction Market Rules Favoring Sports Contracts

June 10, 2026

The US Commodity Futures Trading Commission (CFTC) has proposed new rules for prediction markets, signaling that sports event contracts are generally not contrary to the public interest even though federal law classifies them as “gaming.” […]

61 Crypto Leaders Urge Senate to Pass CLARITY Act With Developer Protections
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61 Crypto Leaders Urge Senate to Pass CLARITY Act With Developer Protections

June 9, 2026

Key Takeaways 61 crypto leaders urged senators to preserve developer protections inside the CLARITY Act.Supporters say clearer rules could help distinguish software builders from financial intermediaries.Senate changes may determine whether crypto developers keep building in […]

Cointelegraph
Regulation

South Korea Police Reportedly Raid Bithumb in Lawmaker Hiring Influence Probe

June 8, 2026

South Korean police have reportedly raided Bithumb as part of an investigation into alleged nepotism involving independent lawmaker Kim Byung-gi. Kim allegedly attempted to influence employment opportunities for his son at multiple crypto firms, including […]

SEC Commissioner Challenges Blockchain Oversight Push That Could Shape Crypto Rules
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SEC Commissioner Challenges Blockchain Oversight Push That Could Shape Crypto Rules

June 7, 2026

Key Takeaways Peirce questioned whether securities rules should cover blockchains, validators, developers, and neutral software.Regulators could focus more on custody, control, and discretion than infrastructure alone.Builders may face pressure to improve audits, key management, disclosures, […]

Cointelegraph
Regulation

Crypto Tax Proposals Weighed Ahead of Tuesday House Hearing

June 6, 2026

The US House Ways and Means Committee circulated seven discussion drafts of bills to address digital asset taxation ahead of a Tuesday hearing on the matter, covering stablecoins, staking, mining and transactions. Among proposals in […]

CLARITY Act Push Gains Momentum as Lawmakers Race to Lock in US Crypto Rules
Regulation

CLARITY Act Push Gains Momentum as Lawmakers Race to Lock in US Crypto Rules

June 5, 2026

Key Takeaways The CLARITY Act has attracted support from a wide range of political and industry stakeholders.Support comes from lawmakers, industry groups, consumer advocates, national security voices, and Trump.Critics continue seeking stronger safeguards on conflicts, […]

Cointelegraph
Regulation

OCC Head Says he only Feels ‘Political Pressure’ from Democrats over Crypto Trust Charter

June 4, 2026

Jonathan Gould, the Comptroller of the Currency (OCC) nominated by Donald Trump, implied that the US president had not ordered him to approve or give special consideration to a national trust charter application tied to his […]

160 National Security Veterans Back CLARITY Act as Senate Crypto Battle Reaches Critical Stage
Regulation

160 National Security Veterans Back CLARITY Act as Senate Crypto Battle Reaches Critical Stage

June 3, 2026

Key Takeaways Former officials urged Senate leaders to support the CLARITY Act’s crypto market rules.Notably, 160 national security, intelligence, and law enforcement veterans signed the letter.Senators now face mounting pressure to decide the bill’s future […]

Cointelegraph
Regulation

UK Lords Warn BoE on Strict GBP Stablecoin Rules

June 2, 2026

The United Kingdom should press ahead with stablecoin regulation but avoid rules that make a pound sterling stablecoin market commercially unworkable, a House of Lords committee warned in a report released Wednesday. The cross-party Financial […]

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  • Emergency Action as Magic Internet Money (MIM) Depegs 50%
  • US Bitcoin ETFs break 8-week outflow streak
  • Ethereum’s Power Use Drops 99.9% Post-Merge, Cambridge Study Finds
  • Pakistan Crypto Regulator Seeks Dialogue Over Islamic Ruling
  • Google Gemini AI Predicted This Solana Price for Next 90 Days
  • Bitcoin’s 14th Difficulty Reset Slashes Mining Pressure by 6.7 Trillion
  • US CBDC Ban to Go into Effect without Trump Signoff on Housing Bill
  • Fed’s Inflation Problem ‘Unambiguously Worse’ as It Forecasts 3 Rate Hikes in 2026 – Bitcoin News
  • HYPE faces selling pressure as institutional demand keeps the $100 target alive
  • Spark Brings $150M Stablecoin Liquidity to Uniswap v4
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  • Emergency Action as Magic Internet Money (MIM) Depegs 50%

    Emergency Action as Magic Internet Money (MIM) Depegs 50%

    July 12, 2026
    Decentralized finance platform Abracadabra said Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below its $1 peg.  “We’re acutely aware of the MIM depeg and are taking [...]
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    US Bitcoin ETFs break 8-week outflow streak
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Latest Posts
  • Emergency Action as Magic Internet Money (MIM) Depegs 50%
    July 12, 2026
  • US Bitcoin ETFs break 8-week outflow streak
    July 12, 2026
  • Ethereum’s Power Use Drops 99.9% Post-Merge, Cambridge Study Finds
    July 12, 2026
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