Category: crypto

Blockstream CEO Adam Back criticized altcoins and memecoins, suggesting that their prices may eventually approach zero due to market efficiency. Bitcoin dominance remains high, limiting altcoin momentum. Back also highlighted the volatility and risk associated with memecoins, which rely on online attention rather than revenue or utility.

Bank of America reported about $53 million in crypto ETF exposure in its Q1 2026 filing, with BlackRock’s iShares Bitcoin Trust leading the group. The bank had a larger position in IBIT and smaller exposure to Ether and Solana ETFs. Overall, the bank’s crypto ETF holdings were smaller than its crypto-linked equity exposure. Wells Fargo…

Xaman founder Wietse Wind warned XRP users about fake desktop wallet and airdrop scams targeting them. More than 20 scam accounts and 10 fake domains are appearing daily. Ripple CTO David Schwartz also warned about fake airdrops and impersonators. Users are advised to be cautious of unknown links and not download any fake Xaman desktop…

Cardano founder Charles Hoskinson is conducting a review of over 11,000 decentralized autonomous organizations to study governance design and decision-making processes. The network faces debate over funding research and product work. A recent proposal for research funding received opposition from 81% of active stake. Hoskinson aims to propose new features for Cardano’s governance system through…

Binance Australia will require users to provide sender information for incoming crypto deposits and beneficiary information for outgoing withdrawals starting July 1, 2026. This change is in response to AUSTRAC rules for Travel Rule compliance. Users who fail to provide the required details may experience delays or non-processing of transactions.

Blockchain researcher William Mougayar defended the Ethereum Foundation against criticism for ETH sales, unstaking activity, and communication issues. He emphasized that the Foundation serves the protocol, not the market price of ETH. Recent sales to BitMine and unstaking activity have sparked debate, with Mougayar advocating for the Foundation’s role in funding and strengthening Ethereum.

Senior officials at the Commodity Futures Trading Commission who expressed concerns about prediction market firms were suspended and investigated, according to a New York Times investigation. The CFTC has faced challenges in enforcing crypto regulations under the current administration, with reports of dropped probes and limited enforcement actions.

StablR’s euro and dollar stablecoins lost their pegs after an attacker compromised a private key, gaining control of minting permissions and extracting approximately $2.8 million. The attacker minted tokens, swapped for 1,115 ETH due to thin liquidity. Blockaid detected the exploit and attributed it to a compromised owner of the minting multisig account.

France is a major hub for crypto wrench attacks, with 70% of reported cases according to Bitcoin journalist Joe Nakamoto. The country recorded 41 crypto kidnappings in 2026, prompting authorities to charge 88 suspects. Nakamoto linked the rise in attacks to leaked KYC data and advised holders to take precautions to protect themselves.

Strategy executive chairman Michael Saylor mentioned in a Coin Stories podcast interview that it is possible the company may sell some Bitcoin before the end of the year, despite his previous stance against selling. Saylor believes that a mixed capital management approach is necessary for success, aiming to maximize Bitcoin per share by 2033.