AscendEX withdrawal complaints mount as ZachXBT questions reserves
Multiple users reported delayed AscendEX withdrawals after ZachXBT flagged potential liquidity issues and urged the exchange to explain its reserves.
BitGo Joins Crypto’s AI Layoff Wave, Slashing Staff by 15%
The newly public crypto custodian is slashing nearly 15% of its workforce as it pivots to focus on stablecoins and AI infrastructure.
Circle, Nomura eye Japan corporate FX with stablecoin settlement: Report
Circle and Nomura are reportedly partnering to enable stablecoin-based foreign exchange settlement for Japanese companies as the country’s regulated blockchain-based financial infrastructure expands.
Morning Minute: Strategy’s MSTR and STRC Crash to 52-Week Lows
A massive Micron earnings beat has lifted global markets, pushing crypto higher after yesterday’s nasty sell off took BTC sub-$60k.
CryptoQuant warns on Strategy’s dividend coverage as cash reserve falls 38%
As Strategy’s cash reserves are now enough to only pay 14 months of dividends from the previous seven-year level, CryptoQuant said that the company should pause Bitcoin purchases and rebuild the reserves.
Farage Says He Can Spend Tether Billionaire’s $6.7M Gift ‘On Ferraris’ if He Wants
Reform UK leader Nigel Farage called the gift from Christopher Harborne a “private matter” amid a standards investigation.
Binance’s Yi He warns of alleged impersonation scam, CoinUp denies ties
Binance co-founder Yi He warns of an alleged impersonator referred to as “Zhu Pan” in Chinese-language posts as CoinUp distances itself from the individual.
US Senate Passes Housing Bill With Four-Year Fed CBDC Ban
A bipartisan housing bill the Senate passed 85-5 Monday would block a Fed digital dollar through 2030, and now heads to the House.
These XRP price charts hint at a potential 25% relief rally in July
An XRP death cross and liquidation signals align for a possible 25% relief rally in the short term, while one analyst eyes a longer-term rebound toward $8.
$1.9M in Fake Bets Drove Polymarket Hype: WSJ
A Wall Street Journal probe found none of the roughly $1.9 million in bets shown across 1,100-plus creator videos were real.