Nuvei agreed to purchase Payoneer for $2.75 billion in money in a deal centered on cash motion via service provider buying, payouts, FX, playing cards, danger controls, and licenses. The corporations additionally positioned stablecoins inside that cost stack. That provides the deal its crypto significance: mainstream stablecoin use might run via processors that already personal…
Key Takeaways ▸ CME Group has sued the CFTC over perpetual futures approvals, establishing a authorized combat over whether or not perps belong within the U.S. futures framework or needs to be regulated as swaps. ▸ CFTC Chair Michael Selig says regulated perps can assist carry crypto derivatives exercise onshore, whereas CME CEO Terry Duffy…
Illinois Gov. J.B. Pritzker has signed a $55.9 billion state price range that features a first-of-its-kind 0.2% tax on crypto property. The Digital Asset Tax Act, nested deeply throughout the broader income package deal of Senate Bill 3019, establishes a novel privilege tax on the change, switch, and custody of cryptocurrencies. Beginning January 2027, digital…
Kalshi merchandise are heading north, increasing its prediction trade to Canada by way of a partnership with an institutional monetary agency. Through a partnership with Toronto-based Wealthsimple, Canadians will acquire entry to greater than 4,000 Kalshi event-based contracts on Wealthsimple Predict, a brand new product for the market. Wealthsimple Predict shall be out there solely…
Tether has disclosed a 19.7% helpful possession stake in Bitdeer Technologies Group following a partial sale and affiliate switch, retaining one of many stablecoin big’s most fascinating Bitcoin mining investments within the highlight. TL;DR Tether’s Schedule 13D/A submitting reveals 37.7 million Bitdeer Class A strange shares, equal to 19.7% helpful possession. The submitting follows a…
Uniswap noticed a leap in community exercise this week after new institutional value expectations for its UNI token hit the markets and social media. According to a report by Santiment, whale transactions on the community reached a 7-month high whereas lively whale addresses climbed to a four-month peak. Whale Transactions Rise The uptick got here…
Bitcoin (BTC) is carving out a potential flooring close to $60,000 as spot patrons step again in, but on-chain valuation and profitability knowledge affirm the market stays firmly in bear territory. The restoration from the early June low has eased stress on latest patrons with out resolving it. Several indicators now level towards stabilization moderately…
Zama and Morpho are pushing a extra privacy-aware model of DeFi with a confidential USDC yield vault design that makes use of absolutely homomorphic encryption, or FHE, to convey personal deposit logic to a public Ethereum atmosphere. TL;DR Zama revealed a design for personal deposits into public DeFi utilizing FHE. The vault is tied to…
President Donald Trump scored one other clear win within the Alabama runoff for the Republican nominee for Senate, and prediction markets merchants learn it the entire approach. Rep. Barry Moore received the runoff with nearly 56% of the vote in opposition to former Navy SEAL Jared Hudson. Moore’s win provides to Trump’s run of Senate…
New York, United States, June 18th, 2026, Chainwire Stratosphere, Pudgy Penguins and Streamex hosted a personal Founders Table VIP Dinner in New York City throughout ETHConf 2026 and NYC Tech Week, bringing collectively leaders throughout digital property, tech, AI, conventional finance and institutional capital. The invite-only dinner occurred on June ninth and gathered a curated…