Mining
IMF asks for urgent clarification from Pakistan over 2,000MW power allocation to Bitcoin mining
The IMF is concerned about the impact of Pakistan powering Bitcoin mines and AI data centres amid electricity shortages.
Monika Ghosh 3 min read Featured News
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Monika Ghosh 3 min read 
Memecoins
Memecoin investors ‘should not be looking to the SEC for protection,’ Commissioner Hester Pierce says
Head of SEC's Crypto Task Force made it clear that most memecoins are not securities, and therefore, fall outside the agency's purview.
Trading
Hyperliquid Bitcoin whale loses $100 million as BTC price falls below $105K
Hyperliquid Bitcoin whale James Wynn lost $100 million as the BTC price dropped, highlighting the risks of high-leverage crypto trading.
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Macro
Jamie Dimon casts doubt on US dollar as global reserve currency
JPMorgan CEO Jamie Dimon warns the US dollar’s reserve currency status is at risk unless the U.S. addresses its internal challenges.
Politics
Conor McGregor doubles down on an Irish strategic Bitcoin reserve, tags Nayib Bukele ‘let’s chat’
Conor McGregor ramps up the conversation about an Irish strategic Bitcoin reserve, pledging financial sovereignty and sparking a national debate.
Governance
Sui community approves release of $162M in tokens frozen during Cetus hack
The amount was frozen by Sui validators following the May 22 hack, locking most of the tokens stolen in the attack.
Analysis
Coinbase says FTX repayments could become a $5B market injection
Coinbase report highlights FTX's stablecoin repayment as a catalyst for potential market liquidity and institutional reinvestment.
Adoption
Meta shareholders reject Bitcoin treasury bid in landslide vote
With fewer than 0.1% of votes cast in favor, the initiative to use part of the $72 billion Meta holds in cash fell short of passage.
ETF
REX pushes ETH and SOL staking ETFs via rare C-Corp as SEC softens stance
James Seyffart highlighted the usage of the C-corporation structure, rarely used in the ETF industry, to sidestep the customary 19b-4 review.
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Technology
Ethereum’s Pectra update meets expectations, edges closer to Fusaka
Scams
US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree
Adoption
Brazilian Méliuz announces $26M share sale to grow Bitcoin treasury, shares drop 7%
Politics