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Week in review: bitcoin slips below $100,000, Fed holds rates, and a $90m hack at an Iranian exchange

Week in review: bitcoin slips below $100,000, Fed holds rates, and a $90m hack at an Iranian exchange

Bitcoin fell from $109,000 to $100,000, IPO rumours buoyed TRX, the Fed kept its key rate unchanged, hackers hit Iran’s Nobitex platform, and other highlights of the week. Fed holds rates as crypto endures a bruising week Bitcoin opened the week on a firm footing, climbing to $109,000 by June 17. It failed to sustain […]

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Texas Approves Bitcoin Reserve Legislation

Texas Approves Bitcoin Reserve Legislation

Texas Governor Greg Abbott has approved SB 21, a law permitting the establishment of an autonomous bitcoin reserve. Source: texas.gov. According to the document, the reserve operates independently of Texas’s general treasury system and aims to enhance the state’s financial stability while serving as a potential hedge against inflation. The initiative will be managed by […]

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Middle East Tensions Trigger Cryptocurrency Market Plunge

Middle East Tensions Trigger Cryptocurrency Market Plunge

Overnight from June 21 to 22, the leading cryptocurrency fell below $101,000 following U.S. strikes on Iran’s nuclear facilities. At the time of writing, the asset had recovered to $102,700. 15-minute BTC/USDT chart on Binance. Data: TradingView. Ethereum dropped to $2280, losing about 5% over the day. 15-minute ETH/USDT chart on Binance. Data: TradingView. According […]

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Pump.fun Token Sale Postponed, Reports Journalist

Pump.fun Token Sale Postponed, Reports Journalist

The “meme token factory” Pump.fun has postponed its auction and token listing originally scheduled for June 25. These events are now expected to occur in July, according to journalist Colin Wu, who cited his own sources. Exclusive: The Pumpfun token auction and listing, originally scheduled for June 25, has been postponed again and is now […]

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Self Chain Founder Denies Involvement in $50 Million OTC Scam

Self Chain Founder Denies Involvement in $50 Million OTC Scam

Ravindra Kumar, the founder of the cryptocurrency project Self Chain, has denied accusations of involvement in a fraudulent scheme that resulted in investors losing up to $50 million. I’ve been accused of serious wrongdoing, which is completely false. My legal team and I are working on a statement to address this matter. Stay tuned for […]

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Max Krupyshev: Centralization Is Not Always a Vice

Max Krupyshev: Centralization Is Not Always a Vice

Complete decentralization is not necessary everywhere. Many users and businesses find it more comfortable to trust centralized services rather than smart contracts. This was stated by Max Krupyshev, co-founder and CEO of CoinsPaid, during the “Podcast Society” on ForkLog’s YouTube channel. “My clients find it much easier to trust me than a smart contract. They […]

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Coinbase Secures MiCA License in Europe

Coinbase Secures MiCA License in Europe

The largest American cryptocurrency exchange, Coinbase, has obtained a MiCA license from the Luxembourg Commission for the Supervision of the Financial Sector. Moien, Lëtzebuerg. ?? We’re pleased to have secured our Markets in Crypto Assets (MiCA) licence from the CSSF in Luxembourg. We can now offer a full suite of crypto products and services to […]

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Glassnode Analyzes Decline in Bitcoin On-Chain Activity

Glassnode Analyzes Decline in Bitcoin On-Chain Activity

The decline in daily transactions on the Bitcoin network is largely attributed to a drop in non-financial operations and the growing dominance of major players, according to analysts at Glassnode. Despite #Bitcoin’s elevated price, a clear divergence has emerged between market valuation and network activity. In this report, we explore activity across both on and […]

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Jupiter Team Halts DAO Operations

Jupiter Team Halts DAO Operations

The team behind the Solana-based DEX aggregator, Jupiter, has suspended DAO voting until 2026, according to Chief Operating Officer Kash Dhanda. This decision follows a wave of criticism from the community. Pausing DAO Voting to Focus on Jupiter & Jupiverse@JupiterExchange stands at the edge of an inflection point. The window to define the future of […]

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Kraken Introduces Bitcoin Staking via Babylon Partnership

Kraken Introduces Bitcoin Staking via Babylon Partnership

The cryptocurrency exchange Kraken has launched staking for the leading cryptocurrency in collaboration with the BTCFi project Babylon. This integration allows clients to earn rewards without the use of bridges or “wrapped” assets. Users delegate their coins through Babylon to secure networks based on Proof-of-Stake (PoS). Rewards are paid in the protocol’s native token — […]

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ForkLog to Host Live Stream on 2025 Mining Trends

ForkLog to Host Live Stream on 2025 Mining Trends

ForkLog will host a live stream discussing current trends in the mining industry. The broadcast is scheduled for June 23 at 16:00 (Kyiv/MSK) on the magazine’s YouTube channel. The discussion will feature Mikael Abgaryan, Head of Corporate Sales at EMCD, and Kirill Sitnikov, Director of Data Centers at R7miner. The speakers will particularly focus on […]

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Anthony Scaramucci Predicts Solana Will Surpass Ethereum

Anthony Scaramucci Predicts Solana Will Surpass Ethereum

Anthony Scaramucci, founder of SkyBridge Capital, expressed confidence that Solana will “overtake” the second-largest cryptocurrency by market capitalization. This was reported by Decrypt.

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