Author: James Wilson

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Artificial intelligence is quietly reshaping every corner of modern life. From how we search the web to how we invest, learn, and vote, AI models now mediate some of our most critical decisions. But behind the growing convenience lies a deeper, more urgent concern: the public has no visibility into how these models work, what they’re trained on, or who benefits from them. This is déjà vu. We’ve lived through this before with social media, entrusting a…

Investor attention on U.S.-listed spot Bitcoin ETFs has remained strong in recent weeks, with the funds continuing to log billions in inflows as broader market sentiment improves. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded a combined $2.22 billion in net inflows between June 23 and 27. This figure marks their strongest weekly performance since May 23 and the longest streak of consecutive inflows since January 2025. BlackRock’s IBIT once again posted the highest inflows, pulling in $1.3 billion and outperforming the rest of the funds by a wide margin. Fidelity’s FBTC followed, recording approximately $504 million.…

Authorities in the United States have sentenced a man to 97 months in prison for his role in defrauding investors out of more than $40 million via a crypto Ponzi scheme. According to the U.S. Department of Justice, 57-year-old Dwayne Golden was sentenced on June 27 by U.S. District Judge William F. Kuntz II in Brooklyn federal court. Golden had pleaded guilty in September 2024 to conspiracy to commit wire fraud and money laundering. Golden, alongside co-defendants Gregory Aggesen, Marquis Egerton (also known as “Mardy Eger”), and William White, operated three fraudulent digital asset firms—EmpowerCoin, ECoinPlus, and Jet-Coin. Prosecutors said…

Wintermute has secured a Bitcoin-backed credit line from Cantor Fitzgerald as part of Cantor’s $2 billion Bitcoin Financing Business initiative. Crypto market maker Wintermute has secured a Bitcoin-backed credit line from investment bank Cantor Fitzgerald. The size of Wintermute’s facility was not disclosed, but CEO Evgeny Gaevoy said it would help the firm manage the capital-intensive nature of OTC crypto trading and settlement. “Given the capital-intensive nature of our operations, especially OTC trading, the facility enhances our ability to hedge risks effectively across exchanges and maintain broad market coverage,” Gaevoy said in an email. The deal is part of Cantor Fitzgerald’s newly launched $2 billion…

Arbitrum could be positioned for a major rally if it confirms a breakout from a long-forming bullish reversal pattern. According to data from crypto.news, Arbitrum (ARB) surged nearly 46% to an intraday high of $0.38 before retracing slightly to $0.35 at press time. Its market capitalization climbed above $1.7 billion, overtaking tokens like Sky (SKY), Render (RENDER), and Sei (SEI) in the rankings. The rally occurred in a high-volume trading environment. CoinGecko data shows that ARB’s daily spot trading volume jumped over 450% in the past 24 hours, with $658 million worth of tokens changing hands. Derivatives activity also surged,…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Litecoin just got a major privacy boost with MimbleWimble, now QFSCOIN makes it easier than ever to mine LTC, BTC, and DOGE without hardware or hassle. In a major milestone for Litecoin (LTC), the integration of MimbleWimble has sparked a noticeable uptick in user activity, transaction volume, and interest across crypto communities. Designed to enhance privacy and scalability, the MimbleWimble protocol has brought a fresh wave of attention to Litecoin, making it one of the most talked-about cryptocurrencies in…

Metaplanet Inc., Japan’s leading corporate Bitcoin holder, added another 1,005 BTC to its balance sheet and issued more ordinary bonds. According to its June 30 public disclosure, the company spent ¥15.648 billion, about $108 million, on the latest purchase. It paid an average of 15,569,831 yen, approximately $107,430, per Bitcoin (BTC). This brings Metaplanet’s total holdings to 13,350 BTC, acquired at an average price of 14,331,959 yen, roughly $98,891, per coin.  To fund further accumulation, Metaplanet also announced the issuance of its 19th series of ordinary bonds to EVO FUND. The new bonds, worth 30 billion yen, or $207 million,…

South Korea’s central bank digital currency project has been put on hold as the regulators turn their attention to fast-tracking the issuance of won-backed stablecoins. According to a Bloomberg report citing an unnamed Bank of Korea official, the central bank has suspended plans for the second phase of its CBDC pilot, which had been scheduled for the fourth quarter of 2025. Participating banks have reportedly been informed that discussions would be temporarily paused. Authorities are reevaluating the role of a CBDC as they are pivoting toward regulating private stablecoin issuers, the official noted. The Bank of Korea had been preparing…

BNB Chain is set to launch its most aggressive speed upgrade yet. To increase transaction throughput, improve validator performance, and enhance responsiveness, the network will implement the Maxwell hardfork on the mainnet on June 30. This will reduce block times from 1.5 seconds to just 0.75 seconds.  Three proposals, BEP-524, BEP-563, and BEP-564, are driving the upgrade. Each focuses on important aspects of network performance. BEP-524 cuts block intervals in half, allowing decentralized applications to have lower latency and faster transaction confirmations. BEP-563 enhances validator messages to reduce missed votes or sync delays under more stringent block cycles. Through the…

Nobitex exchange, Iran’s largest cryptocurrency platform, has begun restoring wallet access to users following a major exploit that resulted in more than $90 million in losses. The company issued an update on June 29 via X, outlining a phased recovery process starting with verified users. According to the statement, only spot wallets are being unlocked initially, with other wallet types to follow once identity verification is completed. Users are being asked to wait for confirmation before attempting to access their balances, which will be displayed gradually as the security checks proceed. Follow- up on Nobitex Security Incident, Step-by-step wallet access…