Category: Peer to Peer

Michael Saylor’s attempt to frame bitcoin’s sharp fall as a rotation of capital into artificial intelligence has drawn a blunt challenge from Arca, which argues that the more immediate trigger was Strategy’s sale of 32 bitcoin to meet preferred stock dividend obligations.The dispute has turned a small transaction into a larger test of confidence in one of the market’s most influential bitcoin treasury companies. Strategy sold 32 bitcoin between May 26 and May 31 for about $2.5 million, at an

Coinbase and Cardless have moved to widen access to crypto-linked consumer credit by adding a stablecoin-secured version of the Coinbase One Card for applicants who cannot be approved on an unsecured basis.The product allows eligible Coinbase One members in the United States to pledge USDC held in, or purchased through, their Coinbase wallet as security for a credit card issued by First Electronic Bank and offered through Cardless. The card runs on the American Express network and is designed to

MetaMask has launched Agent Wallet, a self-custodial product designed to let AI agents trade and manage crypto activity while keeping users in control of funds, approvals and risk limits.The Consensys-owned wallet provider introduced the service on 8 June through a limited early-access programme, initially aimed at traders and developers testing autonomous finance tools. A wider rollout is planned over the coming months as crypto firms race to build infrastructure for software agents that can execute transactions, rebalance portfolios and interact

Citrini Research has placed Hyperliquid among its more compelling crypto ideas, arguing that the decentralised exchange stands apart from much of the digital asset market because it generates meaningful cash flow and channels a large share of trading fees into token buybacks.The research firm’s attention carries unusual weight after its February essay on artificial intelligence and market risk helped trigger a sharp sell-off across technology and consumer-facing stocks. Its new focus on Hyperliquid has drawn fresh scrutiny to a protocol

GenZVerse has completed a full burn of its liquidity provider tokens and moved core ecosystem contracts into a multisignature governance structure, positioning the Polygon-based Web3 project as it pushes ahead with plans for a broader “super app” model.The project said 100% of its LP tokens had been permanently burned, securing more than $170,000 in on-chain liquidity. LP tokens typically represent control over liquidity deposited into a decentralised exchange pool. Burning them removes the project’s ability to withdraw that liquidity, a

Bitcoin slipped below $60,000, extending a sharp retreat that has weakened confidence among bulls and underscored a broader shift in speculative capital towards artificial intelligence-linked equities, large technology listings and parts of the gold trade.The world’s largest cryptocurrency touched its weakest level since October 2024 after failing to hold support around $65,000, a level traders had treated as critical following last month’s attempted recovery. The latest slide left Bitcoin down by more than 30 per cent for the year and

Mastercard is moving deeper into blockchain-based settlement by adding regulated stablecoins and the XRP Ledger to a wider upgrade of its global payments infrastructure, marking a significant step in the effort to make card settlement operate beyond conventional banking hours.The payments group has outlined plans to expand settlement options for issuers and acquirers, including intraday, weekend and holiday processing in fiat currencies and on-chain card settlement using regulated stablecoins. The move is designed to give banks, financial technology companies and

Crypto markets were hit by a sharp wave of forced selling as about $155 million in leveraged long positions were liquidated within 60 minutes, deepening a broader sell-off that pushed Bitcoin and major tokens lower and exposed the risk built up across perpetual futures and margin trading platforms.The liquidation burst reflected a rapid unwinding of bullish bets after prices broke through key support levels, leaving heavily leveraged traders unable to meet margin requirements. Long positions are liquidated when exchanges automatically

Bitget has added 15 tokenised stocks and exchange-traded funds as eligible margin assets for futures trading, extending the role of equity-linked digital assets from spot exposure into collateral management inside its unified trading system.The change took effect on June 4, UTC+8, and applies to the exchange’s Unified Trading Account and Multi-Asset Mode for USDT-M Futures. It allows users to deploy selected tokenised equities and ETFs as collateral while maintaining futures positions, potentially reducing the need to convert those holdings into

Microsoft’s unveiling of its Majorana 2 quantum chip has intensified debate over how quickly Bitcoin and other digital assets must prepare for a post-quantum security era.The chip, presented at the company’s Build conference in San Francisco, marks the next stage of Microsoft’s long-running push to develop a fault-tolerant quantum computer based on topological qubits. Microsoft says the new processor delivers a sharp improvement over Majorana 1, with qubits that are far more stable and an average lifetime of about 20

ChangeNOW has been named Best Digital Assets Fintech at the BeInCrypto x Proof of Talk Institutional 100 Awards 2026, giving the non-custodial crypto platform fresh visibility as financial institutions deepen their involvement in blockchain-based services, tokenised payments and regulated digital asset infrastructure.The award was presented at a live ceremony at the Louvre Palace in Paris during Proof of Talk 2026, a two-day Web3 and digital finance gathering held on June 2 and 3. The event brought together senior figures from

Premu has launched user-created leveraged prediction markets ahead of the 2026 FIFA World Cup, positioning the tournament as a major test for decentralised event-trading platforms seeking to turn fan forecasts into liquid, tradable markets.The Stockholm-linked platform is allowing participants to create markets tied to World Cup outcomes, make them available for trading and receive a share of fees generated by activity in those markets. The model shifts part of the market-building role away from platform operators and towards users, giving

Goldman Sachs has joined Apex Group and Archax in launching a blockchain-native real estate fund, marking a fresh institutional test of whether tokenised structures can bring greater efficiency, transparency and transferability to a traditionally illiquid asset class without moving outside regulated fund frameworks.The Luxembourg-domiciled fund has been developed with LRC Group and Ownera, combining established alternative investment fund structures with on-chain issuance of fund units. The shares are being tokenised on GS DAP, Goldman Sachs’ distributed ledger platform, while LRC

Whale. io has launched Whale Printer, a staking feature that allows eligible holders of its native $WHALE token to lock tokens for fixed periods in return for predetermined rewards, adding a yield mechanism to the crypto casino and sportsbook platform’s token economy.The new system offers three lock-up options. Users can stake $WHALE for 90 days with a 1.2x multiplier and 107.8% annual percentage yield, 180 days with a 1.5x multiplier and 129% APY, or 365 days with a 3x multiplier

Cardano’s ADA token fell below 20 US cents as founder Charles Hoskinson said he was “taking a break” after warning that the blockchain ecosystem faces a wave of project failures, deepening concern over funding, governance and developer momentum.ADA traded around $0.19 on Thursday after dropping more than 12 per cent over 24 hours, taking its one-year decline to about 70 per cent and pushing the token to levels not seen for more than five years. The slide left Cardano with

Bitcoin fell four percent on Wednesday to $64,721.39, its weakest level since 28 February, as pressure from fund withdrawals, leveraged liquidations and shifting macroeconomic signals deepened a broad retreat across digital assets.The slide extended a difficult stretch for the world’s largest cryptocurrency, which has moved sharply lower after failing to hold above key support levels near $70,000. Selling accelerated as investors reduced exposure to risk assets, with traders citing persistent outflows from Bitcoin exchange-traded funds, liquidation of leveraged positions and

House of Doge has struck a partnership with Paxos to place Dogecoin on regulated brokerage and custody infrastructure used by major financial technology platforms, marking a fresh push to move the meme-origin cryptocurrency deeper into mainstream digital asset services.The agreement, announced on June 1, 2026, will integrate DOGE into Paxos’s enterprise crypto platform, allowing Paxos clients to offer buying, selling, holding and transfer functions for the token where they choose to enable it. The arrangement does not automatically make Dogecoin

Sui’s mainnet disruptions over May 28 and May 29 have put renewed pressure on the Layer-1 blockchain’s engineering controls after three separate halts were traced to bugs connected with its v1.72 software release and the handling of gas payments, validator restarts and on-chain randomness.The network has since returned to operation, but the episode has sharpened scrutiny of Sui’s upgrade process because the outages occurred in close succession and interrupted transaction processing across core settlement infrastructure. The Sui Foundation said user

Binance has launched regulated dirham bank transfers for users in the UAE, giving customers a local-currency route to buy and sell selected stablecoins through a framework designed to strengthen protection for client funds.The service allows eligible users to transfer UAE dirhams through a regulated financial channel and convert funds into USDT and USDC, reducing reliance on dollar-linked payment routes, card transactions and informal transfer methods. Transactions are processed in AED, removing foreign exchange conversion at the entry point and offering

BGB regained upward momentum as Bitget’s latest wave of trading incentives drew renewed attention to the exchange token, lifting it nearly 7 per cent intraday after months of muted performance across much of the first half of 2026.The token traded around $2.11, with daily turnover above $22m and a market value of about $1.48bn, supported by a circulating supply of roughly 700m BGB. The move placed BGB ahead of the broader crypto market over the past week, even as the

Bitcoin remained under pressure near the $74,000 level after on-chain signals pointed to weakening demand from large holders, raising the risk that the world’s biggest cryptocurrency could stay locked in a bear phase well into 2027.The token traded around $73,900 on Saturday after a volatile week in which it fell close to $72,600, its weakest level since mid-April. The move followed a sharp risk-off turn across digital assets after fresh US strikes on Iranian facilities unsettled markets and triggered a

Hyperliquid is drawing fresh attention from institutional crypto investors after Grayscale said the decentralised trading platform could evolve into a major financial services business as blockchain-based markets push deeper into derivatives, spot trading and real-world asset exposure.The digital asset manager’s assessment places Hyperliquid among the most closely watched platforms in decentralised finance, citing its growth in perpetual futures, expanding product range and token-linked economics as signs that the project is moving beyond a specialist crypto trading venue. The argument rests

Cash App has opened USDC payments to eligible customers, giving one of America’s largest consumer finance apps a stablecoin payments rail while keeping Bitcoin at the centre of its digital assets strategy.The Block-owned platform now allows users to send and receive USD Coin without managing a separate stablecoin wallet. USDC sent into Cash App is converted automatically into US dollars, while outgoing payments can be made from a user’s dollar balance to an external blockchain wallet. The design keeps the

Bitcoin, ether, XRP and dogecoin lost ground as Wall Street’s strongest winning run in more than two years drew capital towards equities, leaving the largest digital assets struggling to benefit from improved risk appetite across global markets.The divergence sharpened after the S&P 500 completed a ninth consecutive weekly advance, its longest winning streak since 2023, while Brent crude stabilised near $92 a barrel on hopes that Washington and Tehran could extend a ceasefire and ease pressure on energy markets. The