Thailand has expanded a probe into a transnational Chinese criminal network that used illegal crypto-mining to launder over $300 million annually from online scams and gambling. Rigs Seized and Power Stolen Thai authorities have expanded an investigation into illegal cryptocurrency mining networks allegedly run by Chinese financiers that laundered more than $300 million (10 billion […]
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Allunity Launches SEKAU as First MiCA-Compliant Swedish Krona Stablecoin
Allunity has launched SEKAU, a Swedish krona-backed stablecoin issued as a regulated e-money token under MiCA. The token is backed 1:1 by segregated SEK reserves and will debut across five blockchain networks. Allunity Targets Institutional Payments With New Swedish Krona Stablecoin Allunity is expanding its European stablecoin lineup with the launch of SEKAU, a Swedish […]
Read MoreLeading South Korean Bank Toss Taps Solana to Test Cross-Border Remittances for 15 Million Customers
South Korea’s Toss Bank has signed a memorandum of understanding with the Solana Foundation to test blockchain-based remittance and settlement infrastructure. A First for a Korean Internet Bank Toss Bank, South Korea’s third-largest internet-only bank, said it signed the agreement in Seoul on June 19 and called it the “first direct strategic cooperation agreement between […]
Read MoreFinland Convicts a Streamer of a Gambling Crime for Casino Promos
A Finnish court fined streamer “Pottukoira” about $2,700 for promoting offshore casinos to local viewers, and ruled that prosecutors did not need to show he was ever paid – a rare criminal conviction as regulators worldwide tighten on influencer gambling ads. A rare criminal hit on a gambling influencer A district court in North Savo, […]
Read MoreBitcoin Could Rally if Fed Keeps Rates Steady, Grayscale Says
Bitcoin’s recent underperformance relative to equities has coincided with rising Federal Reserve rate expectations, and Grayscale Investments argues bitcoin could narrow that gap if policymakers hold off on rate hikes. Fed Policy Expectations Drive Divergence Across Markets Grayscale Investments is tying bitcoin’s lag behind equities to a repricing of Federal Reserve policy, arguing that bitcoin […]
Read MoreParaguay Convicts Two Bitcoin Miners to Jail Sentences for Large-Scale Energy Theft
The National Power Administration of Paraguay (ANDE) stressed that this 2-year conviction against two individuals would set a precedent against energy theft, punishing not only those who perpetrate it but also those who facilitate it to protect the national electricity system. Paraguayan Court Convicts Bitcoin Miners for Energy Theft Charges The Paraguayan justice system has […]
Read MoreGrayscale’s GBTC Leads $227M Bitcoin ETF Weekly Outflow as HYPE Funds Add $28M
Crypto ETF flows stayed divided in the holiday-shortened week ending June 19, with bitcoin funds posting $226.8 million in outflows and ether ETFs slipping by $10 million. Altcoin products told a stronger story, with a combined addition of $46 million into HYPE, XRP, and solana ETFs. Altcoin ETFs Gain Momentum as Bitcoin Funds Post Sixth […]
Read MoreKucoin Plugs Into Argentina’s Transferencias 3.0, Bringing Crypto to QR Checkouts
Kucoin has expanded its digital payment system into Argentina and Peru, integrating crypto and stablecoins directly into local quick response (QR)-code payment networks. Merging Crypto With Regional QR Systems Cryptocurrency platform Kucoin announced on June 22 the expansion of its digital payment system into Argentina and Peru, integrating crypto and stablecoins directly into the regional […]
Read MoreKalshi Traders Price 80% Odds Bitcoin Stays Below $100K Through 2026
Prediction market traders on Kalshi are pricing only a 19% to 22% chance that bitcoin crosses $100,000 before January 2027, with over $10 million wagered across timing contracts tied to the CF Bitcoin Real-Time Index. Where the Money Is Going Bitcoin is trading near $64,600 as of Monday, June 22, 2026, sitting roughly 50% below […]
Read MoreBitcoin Climbs Above $65,000 as US-Iran Talks Ease Fears and Lift Risk Appetite
Bitcoin began the final week of June by rebounding from a Sunday low of $63,197 to peak at an intraday high of $65,555. Bitcoin Rebounds Past $65,000 Mark Following Sunday Lows Bitcoin opened the last week of June on the ascendancy, rising past the $65,000 threshold as global markets digested the latest on U.S.-Iran peace […]
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