Monday, June 22

Crypto

Whale Opens .3M SPCX Long as Synthetic Price Hits 30% premium

SpaceX’s IPO is already spilling into crypto markets, where one whale has opened a $22.3 million leveraged long on SPCX, a synthetic pre-IPO perpetual contract tied to Elon Musk’s aerospace company.Key takeaways:The whale is already sitting on more than $1.15…

SpaceX Tokenized IPO Campaign Draws 7M on Binance Ahead of Debut

Binance’s SpaceX tokenized IPO campaign attracted over $557 million in USDC deposits from about 27,689 wallet addresses ahead of the company’s highly anticipated public listing.Wallets contributing up to $20,000 accounted for more than 81% of participating addresses but only 18.39%…

TRM Warns of World Cup Crypto Scams Targeting Fans

TRM Labs warned that crypto scammers are targeting FIFA World Cup fans through fake ticketing sites, fixed-match betting schemes and event-themed crypto promotions. The blockchain intelligence company said it identified several World Cup-related scam operations, including two fake-ticketing sites and one…

Avalanche Treasury Lists on Nasdaq, Shares Fall 16%

The Avalanche Treasury Company saw a rocky start as it debuted on Nasdaq under the ticker AVAT on Thursday, with shares dropping 16% by the end of the day. The new company gained access to the Nasdaq after merging with…

Law Enforcement Shuts Down AudiA6 Crypto Laundering Ring

An international law enforcement operation among 11 countries has shut down AudiA6, a money laundering ring that processed over 336 million euros ($390 million) in illicit funds between 2022 and 2025.On Wednesday, authorities arrested two administrators, Russian and Ukrainian nationals,…

Tokenized Stocks to Win Big on SEC Rule Rescission

The US Securities and Exchange Commission proposal to rescind rules around order protections and price quotes could remove a major legal barrier for tokenized US stocks.The SEC on Thursday proposed to scrap two rules in its national market system regulations.…

Coinbase Tool Lets AI Agents Trade Crypto, Make Payments

Crypto exchange Coinbase has launched a tool that allows artificial intelligence agents to make payments and trade crypto on behalf of users, as crypto companies look to ride a wave of interest in AI.Coinbase said Thursday that it is launching…

LG Electronics, Arbitrum Launch Blockchain Ad Network

South Korean tech giant LG Electronics is working with the Ethereum layer-2 network Arbitrum to build a blockchain-based advertising network aimed at serving the digital ad industry. Arbitrum would give advertisers and publishers a shared database of ad inventory and track…

Congress Proposes DOJ Task Force for Crypto Theft Probes

US lawmakers have introduced legislation that would create a Department of Justice-led task force to coordinate investigations into cryptocurrency theft, scams and other digital asset-related crimes across federal, state and local law enforcement agencies.Under the proposal, the Justice Department would…

Ripple and Bitso Bring MXNB Stablecoin to XRP Ledger

Bitso is expanding its payments partnership with Ripple by bringing its Mexican peso-backed MXNB stablecoin onto the XRP Ledger, where it will be used alongside Ripple USD (RLUSD) to support enterprise cross-border settlement between the United States and Mexico.Mexico City-based…

Archax Unveils Real-Time Cash Flows for Tokenized Securities on Hedera

Archax has introduced real-time yield payments on Hedera, enabling interest generated by tokenized securities to be distributed continuously in USDC.The system allows interest payments to update automatically as tokenized securities move between wallets. According to Archax, cash flows are transferred…

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