Three cryptocurrency wallets collectively generated $24.25 million in profit from World Cup prediction markets before routing their proceeds to the same Binance deposit address, raising questions about whether a single trader controlled the accounts.On June 21, blockchain analytics platform Lookonchain identified the wallets as mintblade, GRIMDRIP, and EndlessFate. The accounts recorded 13 winning positions from 16 settled World Cup bets, then stopped trading and removed their remaining funds, the platform said.Mintblade generated $9.24 million after winning five positions without a recorded loss. GRIMDRIP earned $7.6 million from two winning trades, while endlessFate made $7.41 million after correctly predicting six of nine outcomes.All three…
Author: cryphedge
Africa has never been friendly to crypto. Despite incredible adoption numbers on the continent, African governments have met almost every crypto discussion with bans or warnings.However, some of its largest economies have abandoned that approach and are working to introduce licensing regimes, stablecoin oversight, and compliance rules designed to integrate digital assets into the financial system.The shift in sentiment and action taken by governments is the answer to a change in what crypto has become on the ground, where it’s become less of an investment and more of a payment system that millions of people already use for remittances, savings,…
Bitcoin dropped below $60,000 by mid-June after a punishing start to the month, but the figure drawing the most attention across trading desks is the June 26 Bitcoin options expiry, with over $10 billion of contracts set to expire and roughly 80% currently sitting out of the money.Chart showing the open interest for Bitcoin options on Deribit by expiry date on June 18, 2026 (Source: CoinGlass)In equity markets, zero-days-to-expiry options now make up well over half of daily S&P 500 index options volume, up from around 5% in 2020.Those two numbers come from very different corners of finance, but they…
USDT remains the largest dollar stablecoin, but the composition of the reserves backing it is again a talking point. In particular, a perceived slowdown in the growth of Tether’s gold holdings relative to USDT supply has traders reassessing what that means for peg resilience, liquidity, and policy direction. This article unpacks where gold fits inside Tether’s reserve framework, why the mix may be shifting, and what the issuer’s June 2026 moves imply for users. You’ll get a clear playbook for monitoring disclosures, comparing stablecoin options, and avoiding common misreads. No hype, just a pragmatic read on the signals — and…
On-chain credit just got a fresh stress test — and a fresh endorsement. Morpho secured a headline $175 million round even as liquidity conditions have whipsawed lenders and traders across DeFi. The deal has many asking whether capital still believes in decentralized credit after the market’s squeezes. This piece unpacks what Morpho is building, what the new financing and valuation imply, how its model stacks up against pooled lenders and RWA credit, and what signals to watch if you’re deciding whether to allocate, borrow, or simply follow the sector. Expect practical due-diligence checklists and risk calls, not hype. Yes —…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: June 21, 2026 Franklin Templeton just filed for two ETFs that reroute corporate stock…
The FCC’s proposed robocall rule, published May 26 under CG Docket Nos. 17-59 and 02-278, asks whether originating voice service providers should collect and retain customer names, physical addresses, government-issued identification numbers, alternate telephone numbers, and supporting verification records before granting service.The agency proposes a four-year retention window once the customer relationship ends, a $2,500 per-call base forfeiture for KYC violations, and comments close on June 25.The FCC frames the proposal around the problem that illegal robocalls cost Americans billions of dollars in fraud and wasted time, and the agency argues that originating providers are best positioned to stop illegal…
Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Share Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since Sep 2018 About Author The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for… Last updated: June 21, 2026 XRP price prediction is getting bullish as Ripple expands to Southeast…
Three federal agencies have proposed rules that would make stablecoin issuers operate like banks. The Treasury wants them to run anti-money-laundering and sanctions programs.The Office of the Comptroller of the Currency (OCC) wants a weekly confidential report and a quarterly financial report from each one, and the Federal Deposit Insurance Corporation (FDIC) wants Bank Secrecy Act obligations applied to the issuers it supervises.If adopted, these proposals will turn the issuance of a dollar-pegged token into a job that requires customer screening, transaction monitoring, suspicious activity reporting, reserve disclosures, and a steady stream of data to a primary regulator.The next phase…
The fight over a landmark US crypto bill has turned personal. On June 11, 2026, Ripple CEO Brad Garlinghouse directly called out JPMorgan CEO Jamie Dimon during a Fox Business interview, accusing the banking giant of deliberately misrepresenting the Clarity Act to protect a $20 billion payments revenue stream. The exchange, first covered in the original report by WuBlockchain, opens a fresh front in the collision between incumbent financial rails and crypto-native challengers. The Clarity Act itself is the most ambitious crypto market structure legislation ever to reach the Senate floor. It aims to draw a clear jurisdictional line between…
