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 Last updated: June 13, 2026 Ripple CEO Brad Garlinghouse went directly at JPMorgan chief Jamie Dimon on Fox Business Wednesday, accusing him of ‘intentional misrepresentation’ over the CLARITY Act, the pending Senate legislation that would establish a comprehensive regulatory framework for U.S. crypto markets. The charge is specific: Garlinghouse says Dimon is distorting the bill’s compliance implications to protect…
Author: cryphedge
DraftKings told investors on June 9 that its prediction markets business is scaling fast, and the market liked what it saw. The company’s Form 8-K reported that May 2026 annualized consumer volume in its Predictions offering rose 24% month over month to $1.3 billion, while annualized total volume traded climbed 34% to $3.1 billion. Shares of DraftKings jumped roughly 10% in early trading on the news.Those figures are enormous for a product line that’s barely six months old, since DraftKings only launched Predictions in December 2025. Seen against the broader category, though, they show a company that’s arriving late to…
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 Last updated: June 13, 2026 The SEC just removed the single biggest legal obstacle standing between Crypto DeFi and US equity markets. On June 11, the agency formally proposed to rescind Rule 611 of Regulation NMS, the trade-through prohibition that has governed stock order routing since 2005, along with Rule 610(e), which bans locked and crossed quotations. For tokenized…
Shiba Inu (SHIB) has made some recovery in the last few days but is still struggling to reclaim the $0.000005 price level. According to CoinGecko data, SHIB’s price has risen by 1.8% in the last 24 hours and 12.6% over the previous week, but is trading in the red zone in the other time frames. With SHIB struggling to gain steam, let’s discuss why a recovery to its highs could take years.Source: CoinGeckoIs A Shiba Inu Recovery Years Away?Source: PixabayShiba Inu (SHIB) has been on a downward trajectory over the last few years. The asset hit an all-time high of…
Binance pulled the plug on a tokenized SpaceX stock offering this week, citing forces beyond its control. The exchange said the Binance Wallet SPCXx IPO campaign was being canceled, and all locked USDC would be returned to participants. But in an unusual twist, Binance also announced it would distribute $1 million worth of a different token—SPCXB—equally among those affected, with the airdrop scheduled to finish by June 18, according to the original report from WuBlockchain. The abrupt halt left traders scrambling for details. Binance offered no specifics on what rendered the campaign uncontrollable, only that all user funds locked in…
Sentiment at Its Lowest Since October XRP’s weighted sentiment, a metric that balances social volume against the ratio of positive and negative comments, has fallen to its lowest point in eight months. According to the on-chain sentiment update, the decline signals that traders have largely given up on a near-term catalyst. Price weakness has contributed, but fatigue runs deeper. After years of legal proceedings and institutional promises that have yet to trigger sustained price action, many market participants appear to have simply moved on. What makes the reading interesting is not the negativity itself but what tends to happen when…
Ripple’s XRP token has found some support at the $1.13-$1.15 price range. CoinGecko data shows that XRP’s price has rallied by 4.2% in the weekly charts, but is glowing red in the other time frames. Let’s dig deeper into why XRP is struggling and why it could take a while to recover.Source: CoinGeckoWhy Is XRP Struggling And Will It Take Years To Recover?Source: X / Egrag CryptoXRP climbed to a new all-time high of $3.65 in July 2025. The rally was fueled by positive sentiment around the SEC vs. Ripple sentiment. However, the asset’s trajectory changed later in the year…
The recent crypto pullback may have looked worrying, but Geoffrey Kendrick, Global Head of Digital Assets Research, says it was a temporary setback rather than the start of a new bear market. Standard Chartered analyst says Bitcoin’s drop to around $59,000 likely marked the bottom of the cycle and could signal the end of the current crypto winter.Despite the volatility, Kendrick is maintaining his year-end targets of $100,000 for Bitcoin and $4,000 for Ethereum. He also expects Ethereum to outperform Bitcoin in the near term as market conditions improve.What Triggered the Recent Crypto Selloff?According to Kendrick, several factors came together…
The June 8 theft of 141 million H tokens from Humanity Protocol began not with a code exploit but with a compromised individual device—a classic hallmark of North Korean cyber campaigns. A new report from Quantstamp, obtained by WuBlockchain, lays out how attackers used a phishing attack to gain remote access to a director’s machine, then copied wallet data and private keys. The incident exposes the human endpoint as the weakest link even in well-funded Web3 projects. Once inside, the attackers executed parallel operations on two separate chains. On Ethereum, they upgraded the H token contract and moved approximately 141.18…
An unpaid $2 million court judgment is the latest headache for KuCoin, as a Swiss investor accuses the exchange of ignoring a Seychelles Supreme Court order tied to 21 million delisted CHP tokens. According to the original report by WuBlockchain, the case stems from a December 2025 ruling that found KuCoin could not simply treat unwithdrawn tokens as abandoned. The court directed KuCoin’s Seychelles-based entities to compensate the investor more than $2 million. Six months on, the exchange has reportedly neither appeared in court proceedings nor paid any part of the award. The investor says KuCoin has also not responded…
