June 2025 – Page 221

Here’s How Quickly Gary Gensler Could Lose His SEC Chair Gig Under Trump

With the crypto-friendly Donald Trump being elected president, industry leaders are now awaiting his first big move, which could be appointing a new chair of the U.S. Securities and...

French Regulator Says It’s ‘Examining’ Polymarket

The scrutiny comes after a French national profited handsomely on the platform by placing large bets on Trump winning the U.S. election

Michael Novogratz’s Galaxy Looks to Turn Bitcoin Mining Into AI Computing as Revenue Falls

The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performance computers.

Former FTX CTO Gary Wang Asks Court for No Jail Time

Sam Bankman-Fried’s one-time friend and college roommate will be the fourth FTX executive to be sentenced.

UK Lords Echo Support for Digital Assets Property Bill

The bill could aid in efforts to remain at the forefront globally, Lord Frederick Ponsonby of Shulbrede said.

Trump Family-Backed Crypto Project Makes $1M Gain in ETH Following Tame Token Sale

World Liberty Financial slashed its fundraising goal from $300 million to $30 million last week.

Ether, Touted as Internet Bond, May Top $3K on Fed Rate Cut, Outperform Bitcoin

Elevated interest rates in the U.S. have dented ether’s appeal as the internet equivalent of a bond, offering a fixed-income-like return on staking.

In Win for Polygon’s AggLayer, Magic Labs Unveils Chain Unification Network ‘Newton’

Newton will allow for wallet solutions to plug into the AggLayer, which is a Polygon-backed effort to connect affiliated chains and allow tokens to freely move between them. Magic...

VC Darling Eclipse Finally Debuts Its Solana-Ethereum Blockchain Hybrid

Eclipse raised more than $50 million from investors but has been marred by controversy over the past year.

Dune Launches Dashboard Tracking $2.5B Lost to Crypto Hacks and Phishing Scams

The new dashboard from Dune's team aggregates veri from more than 5,500 blockchain-based scams, exploits, and attacks