
Strategy Buys 1,550 BTC for $101M One Week After Selling 32, Cash Reserve Hits $1B
Strategy purchased 1,550 bitcoin for $101.3 million between June 1 and 7, one week after its first BTC sale since 2022. Cash reserve reached $1 billion.

Strategy purchased 1,550 bitcoin for $101.3 million between June 1 and 7, one week after its first BTC sale since 2022. Cash reserve reached $1 billion.

Bybit and Kraken both launched 1:1 equity-backed SpaceX exposure via xStocks, joining Coinbase International and BitMEX in a four-venue race that now splits between synthetic perpetuals and regulated tokenized equity issued by Backed Assets (JE) Limited.

A Solana yield protocol's bet on a contested mid-cap token turned a dollar-stable vault into one nursing double-digit losses. Depositors are waiting on a promised post-mortem.

Arthur Hayes sold his entire WLD position on June 6, less than three days after Maelstrom publicly pitched Worldcoin as a liquid AI IPO play — ending his full portfolio exit sequence across HYPE, NEAR, ZEC, and WLD.

Yuga Labs used its GrailsOTC trading desk to pull 68 blue-chip NFTs valued at more than $500,000 out of vulnerable Flooring Protocol pools before attackers could drain them.

A coalition of more than 200 organizations including Coinbase and Ripple pushed Senate leadership for a floor vote Monday. Galaxy Digital's research head simultaneously lowered his 2026 passage probability by 15 points, citing a shrinking calendar and unresolved ethics provisions.

Pump.fun launched GO, an escrow-based bounty marketplace letting anyone post and complete tasks for SOL rewards, within hours a user posted a 690000 dollar suicide-linked listing the platform has yet to address.

Chainlink's CCIP drew over $1.1 billion in token value this week as Virtuals Protocol, Pleasing Market, and Zest Protocol joined a migration wave that has now moved nearly $5 billion in total value away from LayerZero since April's Kelp DAO exploit.

The Helium co-founder moves to chairman as Mario Di Dio takes the top job, days after Nova Labs sold its consumer mobile carrier to Andrew Yang's Noble Mobile.

A Dragonfly Capital general partner partially walked back the attack on named investors. The founder responded by calling Schmidt a former backer turned hostile critic.

Bitcoin fell below its 200-week moving average dropping below $61,000 for the first time since the 2022 bear market, triggered by a blowout May payrolls report that repriced Fed rate-cut expectations and exposed a $1.2 billion options wall at $60,000.

Jamie Selway, Director of the SEC's Division of Trading and Markets, outlined two structural workstreams on June 4: a framework to list and trade tokenized securities under an 'innovation without arbitrage' principle, and a joint SEC-CFTC effort to harmonize conflicting rulebooks across swap

JPMorgan, Citi, Bank of America, Wells Fargo, and more than a dozen peers have announced a joint initiative to put commercial bank deposits onchain, operated by The Clearing House and targeting a first-half 2027 launch.

Apyx Finance's apxUSD stablecoin slipped to $0.94 after Bitcoin fell to $63K, the first concrete peg break in the chain linking Strategy's BTC treasury to on-chain dollar instruments.

CME Group CEO Terry Duffy warned that newly approved US-regulated perpetual futures are "a disaster waiting to happen," citing excessive leverage and retail risk — a pointed critique from the incumbent US institutional crypto derivatives exchange.

The Zcash developer said researcher Taylor Hornby used Anthropic's latest AI model to find a flaw that could have minted undetectable counterfeit ZEC inside the Orchard privacy pool. It wants a further network upgrade to prove the supply is sound, beyond the emergency fix activated June 3.
0x Protocol has opened its Cross-Chain API to general availability with 12 bridge providers live from day one, including Circle, LayerZero, Stargate and Across — accessible through a single API integration.

BitMEX co-founder Arthur Hayes sold his full Hyperliquid and NEAR Protocol holdings on June 4, citing rising energy prices, a pipeline of AI IPOs, and a predicted Trump pivot against AI. A fuller rationale arrives in his "Reality Test" essay on June 9.
What if the blockchain token you hold doesn't actually give you ownership of the underlying asset? Dennis O'Connell of the ERC-3643 Association joins Converge to expose the hidden differences between tokenization standards — and why knowing which one you're buying matters more than most people

US spot Bitcoin ETFs posted a 13th consecutive day of net outflows on Wednesday, extending the longest withdrawal streak in the products' history to $4.4 billion cumulative since May 15.