Thursday, June 25

Crypto

How memecoin hype turned people into living ads

When virality moved off-screenMemecoins have never pretended to be serious. Other blockchain projects often present themselves through promises of faster payments, scalable infrastructure or decentralized applications (DApps). Memecoins, however, draw their appeal from humor, absurdity…

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Strategy’s STRC Hits Record .5B Daily Trading Volume

Strategy’s perpetual preferred stock, STRC, the company’s primary vehicle for funding its Bitcoin purchases in 2026, hit a new daily trading volume record of $1.5 billion on Thursday.“All-time high volume. $1.53B of liquidity,” chairman Michael Saylor said, referring to Strategy’s…

THORChain Halts Trading After ZachXBT Flags M Exploit

Decentralized liquidity protocol THORChain halted trading after blockchain investigator ZachXBT flagged a suspected exploit of more than $10 million.A THORChain alerts Telegram channel showed all trading and signing halted, with a global node pause extended until block 26191149, or roughly…

South Korea to Announce Tokenized Securities Laws in July

South Korea’s Financial Services Commission (FSC) plans to release detailed tokenized securities rules in July as the country prepares to bring blockchain-based securities under its capital markets framework in 2027.The measures are expected to include a roadmap for tokenizing stocks,…

CLARITY Act Faces Partisan Fight Over Ethics on Senate floor

The US Senate Banking Committee passed the crypto framework CLARITY Act yesterday.Now, the bill, for which the crypto industry has heavily lobbied since it was introduced in 2025, will head to the Senate floor for a broader debate. As Cointelegraph reported,…

Bitcoin Depot Filing Casts Doubt on Company’s Future Amid Lawsuits

Cryptocurrency ATM company Bitcoin Depot reported “substantial doubts” about the company’s ability to continue operating amid ongoing litigation and a challenging regulatory environment.In a Form 10-Q filing with the US Securities and Exchange Commission (SEC) on Tuesday, Bitcoin Depot chief…

Traditional Financial Exchanges Sound Alarm on HYPE’s Commodity Perps

Intercontinental Exchange (ICE) and the Chicago Mercantile Exchange (CME), the two biggest exchanges for energy-linked commodities, are pressuring US regulators to clamp down on the Hyperliquid decentralized exchange’s expansion into commodity markets.Executives from both companies say that Hyperliquid’s energy-linked onchain…

Solayer Introduces USDC Card with ATM support

Layer-1 blockchain developer Solayer launched a Visa-compatible payment card that allows users to spend USDC balances through in-store, online and contactless transactions.The card supports ATM withdrawals in supported regions and can be ordered through the Solayer Pay app, according to…

Bitwise Launches HYPE-linked Fund as Hyperliquid Interest Grows

Bitwise Asset Management has launched a US-listed investment product tied to Hyperliquid, offering investors spot exposure to the token and staking rewards linked to the decentralized derivatives platform.The fund, trading under the ticker BHYP on the New York Stock Exchange,…

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