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Digital Asset Raises $355M for Canton Network as Wall Street Embraces Blockchain

DOJ Charges Two in $389M Cryptocurrency Laundering Case

Saylor Defends MicroStrategy's Bitcoin Reporting Metrics in Debate with Mallers

Delaware and New Jersey Advance Statewide Crypto ATM Bans

Citigroup Launches Tokenized Shares Platform for Private Companies

Ondo Finance Hires Former Invesco ETF Chief for Onchain Products

Bithumb CEO Booked as Bribery Suspect in South Korean Lawmaker Hiring Probe

Philippines Central Bank Says Binance Lacks License
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Philippines Central Bank Says Binance Lacks License

Solana Secures WSOP Sponsorship and WalletConnect Pay Integration

Traditional Finance Advisors Prioritize Stablecoins and Tokenization Over Bitcoin, Bitwise Finds
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Digital Asset Raises $355M for Canton Network as Wall Street Embraces Blockchain
Digital Asset has raised $355 million in a new equity funding round led by Andreessen Horowitz for its Canton Network, a blockchain infrastructure platform designed for institutional finance. The round includes backing from Wall Street giants and a sovereign wealth fund.

Saylor Defends MicroStrategy's Bitcoin Reporting Metrics in Debate with Mallers
Michael Saylor and Jack Mallers clashed on June 11 over how MicroStrategy communicates its Bitcoin holdings to investors, exposing tensions in corporate treasury reporting as institutions scale digital asset allocations.

Citigroup Launches Tokenized Shares Platform for Private Companies
Citigroup is rolling out a blockchain-based platform enabling institutional investors and high-net-worth clients to trade tokenized shares of major private companies, including Anthropic, OpenAI, and Ripple.

Ondo Finance Hires Former Invesco ETF Chief for Onchain Products
Ondo Finance has recruited a former Invesco ETF executive to lead expansion into regulated onchain investment infrastructure, marking a significant shift of traditional finance talent into crypto.
Regulation

Community Banks Launch Ad Campaign Against Stablecoin Reward Language in Clarity Act
A coalition of community banks has launched a public advertising campaign targeting reward provisions in the Clarity Act, warning that incentive mechanisms tied to stablecoin adoption could destabilize traditional banking and erode consumer protections.

DOJ Charges Two in $389M Cryptocurrency Laundering Case
The U.S. Department of Justice charged two individuals on June 11, 2026, for operating AudiA6, a cryptocurrency mixing service that allegedly processed more than $389 million in illicit transactions.

Delaware and New Jersey Advance Statewide Crypto ATM Bans
Delaware and New Jersey each advanced legislation this week to ban cryptocurrency ATMs statewide, citing over $400 million in annual nationwide fraud losses and scam patterns that disproportionately affect older residents.

Bithumb CEO Booked as Bribery Suspect in South Korean Lawmaker Hiring Probe
South Korean police have booked Bithumb CEO Lee Jae-won as a bribery suspect following allegations that he hired a lawmaker's son as a personal favor in exchange for legislative protection of the exchange.
DeFi

Pyth Launches 24/7 Pricing Indexes for US Stocks and Commodities
Pyth Network has launched continuous pricing indexes for US stocks, gold, and oil, enabling 24/7 trading on tokenized assets outside traditional market hours. Coinbase, Kraken, and dYdX have adopted the indexes, though regulatory and liquidity risks remain.

Curve Launches Llamalend v2 on Optimism With 250K OP Grant
Curve Finance deployed Llamalend v2 on Optimism today, marking the lending protocol's first live deployment and a significant expansion of its borrowing capabilities beyond single-asset models. The launch is backed by a 250,000 OP token grant from the Optimism ecosystem.

Institutional Capital Shifts From Yield Farming to Real Yield
Institutional investors are systematically moving away from token emission-based yield farming toward strategies backed by actual cash flows and Real World Assets, according to an 18-page report published this month by Bitrue Research Institute.

Strategy Shareholders Approve Semi-Monthly Dividends for STRC
Strategy shareholders have voted to implement semi-monthly dividend payments for STRC preferred stock, a shift designed to stabilize the security's price and attract yield-focused investors while the stock trades below its $100 par value.
Technology

Quantinuum Surges 13% on Nasdaq IPO Debut, Raising $1.68B
Quantinuum's shares opened at $68 on their first day of trading on Nasdaq, a 13% jump from the $60 IPO price, raising $1.68 billion in total proceeds and valuing the quantum computing company at approximately $17.63 billion market capitalization.

Starkware Cuts Jobs as Starknet Revenue Collapses 98%
StarkWare Cuts Staff as Starknet Fee Revenue Drops 98% From Peak StarkWare, the Israeli company behind the Starknet Ethereum Layer 2 network, has laid off a portion of its workforce as on-chain rev
Kraken Refuses Extortion Demand After Insider Data Breach Exposes 2,000 Accounts
Kraken Refuses Extortion Demand After Insider Data Breach Exposes 2,000 Accounts Cryptocurrency exchange Kraken has declined to pay an extortion demand following a data breach that exposed personal

Polkadot Bridge Exploit: Hacker Mints 1B DOT, Seizes Admin Control
Polkadot Bridge Exploit: Hacker Mints 1 Billion DOT, Seizes Admin Control **An attacker exploited a critical vulnerability in a Polkadot cross-chain bridge on Tuesday, minting approximately 1 billi
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