Category: News

Kraken Prepares First CFTC-Regulated Crypto Perpetual Futures In US

boss

TL;DR Kraken says it plans to launch CFTC-regulated perpetual futures for eligible US traders within 30 days. Contracts will be listed on Bitnomial, a CFTC-regulated Designated Contract Market owned by Kraken parent Payward. The initial asset list includes BTC, ETH, SOL, XRP, ADA, LINK, DOGE, LTC and AVAX. Kraken Brings Perpetual Futures Closer To US Traders Kraken is preparing to launch what it describes as the first domestic CFTC-regulated perpetual futures product for US traders, marking a potentially important shift in how American crypto users access one of the industry’s…

Anthropic Mythos Security Audit Found No ‘Serious’ Bugs in Zcash: Wilcox

boss

Zcash founder Zooko Wilcox said a security audit by Anthropic’s Claude Mythos artificial intelligence model found no serious vulnerabilities in the privacy-preserving cryptocurrency’s protocol. Requested by Shielded Labs, a Swiss-based non-profit supporting the development of Zcash, the AI security audit did not find “any more serious bugs” in the Zcash protocol, according to a Saturday X post by Wilcox. On June 3, Zcash developers temporarily suspended Orchard transactions after discovering a vulnerability in the shielded pool. Functionality was restored later that day through an emergency upgrade. The issue stemmed from…

US Export Controls Force Anthropic Offline, Pre-IPO Speculators Bleed – Bitcoin News

boss

Key Takeaways The U.S. Commerce Department issued an export control directive on June 12, forcing Anthropic to shut down Fable 5 and Mythos 5 for all users worldwide. Anthropic’s Prestocks token on Solana dropped 9.11% in 24 hours, while Hyperliquid’s vntl:ANTHROPIC futures fell 3% to $1,638. Anthropic says it is working to restore Fable 5 access but has provided no specific timeline as of June 13, 2026. A Two-Stage Collapse in Four Days Anthropic released Claude Fable 5 on June 9, 2026, billing it as the most capable publicly available…

Saylor Says Bitcoin Sales Are Necessary for Strategy’s Digital Credit Business

boss

Michael Saylor, executive chairman of Strategy, defended the company’s recent Bitcoin sale, saying the ability to sell the asset is necessary to continue issuing “digital credit.” Strategy disclosed its first reported Bitcoin sale since 2022 in a June 1 filing with the US Securities and Exchange Commission, offloading 32 BTC in a move that appeared at odds with Saylor’s long-running “never sell your Bitcoin” mantra. In an interview with Cointelegraph at the BTC Prague conference, Saylor said that Bitcoin treasury companies must retain the ability to sell holdings when necessary…

Binance Grabs 60% of SpaceX Derivatives Market With $5.6B in Daily Volume – Bitcoin News

boss

Key Takeaways Binance recorded $5.6B in SPCXUSDT volume in 24 hours and $9B total since SpaceX Pre-initial public offering (IPO) trading began. Binance holds 60% market share across all CEX and DEX venues for SpaceX derivatives as of June 13. Binance rebased its SpaceX Pre-IPO contract after a dilutive S-1/A share count disclosure, protecting user positions. SpaceX Futures Rank Second Only to Bitcoin at Binance SpaceX perpetual futures are now Binance‘s second-largest traded product by volume, trailing only bitcoin perpetuals, according to a Friday statement shared with Bitcoin.com News. The…

LG Electronics Pilots Onchain Advertising Network On Arbitrum

boss

TL;DR LG Electronics is piloting an onchain advertising network on Arbitrum. The project is designed to make ad performance more verifiable while addressing fraud and privacy concerns. The Japan pilot with Hakuhodo is still under evaluation, so performance data has not yet been released. LG Tests Blockchain-Based Ad Verification LG Electronics’ Blockchain Research Lab is piloting an onchain advertising network on Arbitrum, bringing a major consumer electronics name into one of blockchain’s more practical enterprise use cases: verifying digital advertising performance. According to the Arbitrum Blog, the pilot is designed…

Morpho’s $175M DeFi Round Tests Onchain Credit’s Future

boss

Investors are increasingly backing stablecoin and credit infrastructure rather than decentralized finance (DeFi) lending alone, with Morpho Labs’ latest funding round drawing attention to onchain credit markets, according to Spark CEO Sam MacPherson. Morpho announced Tuesday that it raised $175 million in a round led by Paradigm, a16z crypto and Ribbit Capital. While Morpho is widely known as a DeFi lending protocol, the company said that it aims to become a credit infrastructure layer for banks, asset managers and fintechs. Onchain credit markets allow users and institutions to borrow, lend…

Michael Saylor says SpaceX IPO pushes Bitcoin into 25% of Mag 8

boss

Michael Saylor said SpaceX’s IPO marks a milestone for corporate Bitcoin adoption, arguing that 25% of the so-called Mag 8 now hold BTC on their balance sheets. Summary Michael Saylor said Tesla and SpaceX put Bitcoin on the balance sheets of 25% of the Mag 8. SpaceX holds 18,712 BTC, while Tesla owns 11,509 BTC, according to BitcoinTreasuries. Public companies now hold 1.26 million BTC worth about $80.56 billion across 199 firms. In a June 13 X post, the Strategy chairman congratulated Elon Musk and SpaceX following the company’s highly…

Standard Chartered Says Bitcoin Bottomed Near $59,000, Targets $100,000

boss

TL;DR Standard Chartered’s Geoffrey Kendrick reportedly says Bitcoin’s $59,000 area marked the cycle bottom. The note cites SpaceX IPO-related capital rotation and easing oil-price pressure as key catalysts. Kendrick reportedly maintains a $100,000 year-end Bitcoin target and a $4,000 Ethereum target. Standard Chartered Calls Bitcoin’s $59,000 Low The Cycle Bottom Standard Chartered analyst Geoffrey Kendrick has reportedly called Bitcoin’s recent $59,000 area the cycle bottom, arguing that the latest downturn has ended and that crypto has moved into a new recovery phase. The research note dated June 12 frames the…

Wall Street Has Changed Bitcoin Volatility And Liquidity

boss

TL;DR Deribit Insights says Wall Street participation has changed Bitcoin’s market structure. The episode points to lower volatility, compressed basis trades and stronger institutional market-making. Options gamma is becoming large enough to matter for short-term spot market behavior. Bitcoin’s Market Structure Looks Different After ETFs A new Deribit Insights episode argues that Wall Street’s arrival through spot Bitcoin ETFs has materially changed Bitcoin’s volatility, liquidity and derivatives profile. The episode, titled “How Wall Street Changed Bitcoin Forever,” features Imran Lakha, David and Jonathan Issan, Co-Head of Crypto Trading at Marex.…