Iran Closes Strait of Hormuz Over Ceasefire Violations; Bitcoin Retreats
Pudgy Penguins Brings NFT Brand to Mainstream Retail With Target Trading Card Launch
MicroStrategy's STRC Preferred Stock Crashes Below $90 as Bitcoin Financing Tool Falters
SEC and CFTC Seek Public Input on Derivatives Definitions as CME Lawsuit Escalates Regulatory Tensions
US Lawmakers Target Prediction Markets: Congressional Ban Proposed as Kentucky AG Sues Polymarket and Kalshi
WhiteBIT EU Secures MiCA License in Austria, Expanding Regulated Operations
Ethereum Foundation Loses Co-Executive Director Hsiao-Wei Wang
Ethereum Faces Core Development Funding Crisis in 9 Months, Former EF Contributor Warns
Base Launches Beryl Upgrade June 25 with B20 Token Standard
Alchemy Launches Visa-Powered Payment Card for AI Agents
PremiumBlock Launches Non-Custodial Risk Hub for Prediction Markets, Perpetuals, and Poker
Bitcoin Microtransactions Now 80% of Daily Activity
Top Stories
Pudgy Penguins Brings NFT Brand to Mainstream Retail With Target Trading Card Launch
MicroStrategy's STRC Preferred Stock Crashes Below $90 as Bitcoin Financing Tool Falters
SEC and CFTC Seek Public Input on Derivatives Definitions as CME Lawsuit Escalates Regulatory Tensions
US Lawmakers Target Prediction Markets: Congressional Ban Proposed as Kentucky AG Sues Polymarket and Kalshi
WhiteBIT EU Secures MiCA License in Austria, Expanding Regulated Operations
Ethereum Foundation Loses Co-Executive Director Hsiao-Wei Wang
Ethereum Faces Core Development Funding Crisis in 9 Months, Former EF Contributor Warns
Base Launches Beryl Upgrade June 25 with B20 Token Standard
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Base Launches Beryl Upgrade June 25 with B20 Token Standard
Alchemy Launches Visa-Powered Payment Card for AI Agents
PremiumBlock Launches Non-Custodial Risk Hub for Prediction Markets, Perpetuals, and Poker
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Markets
Iran Closes Strait of Hormuz Over Ceasefire Violations; Bitcoin Retreats
Iran's Khatam al-Anbiya Central Headquarters announced the closure of the Strait of Hormuz on June 20, citing alleged violations of the Islamabad Memorandum of Understanding. Bitcoin retraced on the news but remained above $63,000.
Pudgy Penguins Brings NFT Brand to Mainstream Retail With Target Trading Card Launch
Pudgy Penguins, an NFT-born franchise, is expanding into physical retail with a partnership to sell Vibes Series 3 trading cards across Target stores nationwide. The move marks a significant pivot for the digital collectibles brand, shifting focus from blockchain-native channels to mainstream...
MicroStrategy's STRC Preferred Stock Crashes Below $90 as Bitcoin Financing Tool Falters
MicroStrategy's STRC preferred stock plummeted below $90 this week, marking a significant stumble for the company's Bitcoin financing vehicle. The shares, designed to trade at $100, have lost roughly 10.5% in 24 hours as of June 18, 2026.
Ethereum Foundation Loses Co-Executive Director Hsiao-Wei Wang
Hsiao-Wei Wang has resigned as co-executive director and board member of the Ethereum Foundation, marking the eighth senior departure from the nonprofit in five months. Wang's exit raises questions about internal cohesion and organizational direction.
Regulation
SEC and CFTC Seek Public Input on Derivatives Definitions as CME Lawsuit Escalates Regulatory Tensions
The SEC and CFTC are jointly seeking public input to clarify how derivatives products should be defined and regulated, as CME Group escalates its legal challenge to the CFTC's classification of perpetual futures as futures contracts rather than swaps.
US Lawmakers Target Prediction Markets: Congressional Ban Proposed as Kentucky AG Sues Polymarket and Kalshi
Representative Bryan Steil introduced legislation banning members of Congress from wagering on prediction markets. The same day, Kentucky Attorney General Russell Coleman filed lawsuits against Polymarket and Kalshi, alleging unlicensed sports betting activity.
WhiteBIT EU Secures MiCA License in Austria, Expanding Regulated Operations
WhiteBIT EU has obtained authorization from Austria's Financial Market Authority to operate under MiCA, the EU's unified crypto-asset regulatory framework. The approval positions the platform to expand further into other EU member states.
Rep. Steil Introduces Bill to Ban Lawmakers from Prediction Market Betting
Rep. Bryan Steil introduced legislation today prohibiting members of Congress and their families from placing bets on prediction markets tied to public policy outcomes. The bill targets a growing conflict of interest as crypto-native platforms like Polymarket have made political wagering...
DeFi
PremiumBlock Launches Non-Custodial Risk Hub for Prediction Markets, Perpetuals, and Poker
PremiumBlock went live today with a non-custodial platform consolidating user-created prediction markets, 24/7 FX perpetuals, and Web3 poker into a single wallet-native interface. The Stockholm-based protocol is accessible at premiumblock.org and requires no account creation or asset custody by...
Collector Crypt Fees Surge 129% After Solflare Integration
Collector Crypt saw fee revenue jump 129% week-over-week to $3.86 million following Solflare wallet's integration of its gacha card-pack trading mechanic. The move signals wallets are becoming trading platforms, but regulatory risks and liquidity fragmentation loom.
Standard Chartered Targets $100 UNI by 2030 on Wall Street Adoption Thesis
Standard Chartered analyst Geoff Kendrick projects Uniswap's UNI token could reach $100 by 2030, representing 40x upside. The forecast depends on Wall Street treating Uniswap as neutral infrastructure for tokenized assets and the protocol's fee-switch mechanism tightening supply.
Standard Chartered Sets $100 UNI Target by 2030, Betting on DeFi's RWA Future
Standard Chartered Global Research initiated coverage of Uniswap (UNI) on June 15, 2026, with a $100 price target for the end of 2030, representing roughly 40x increase from current levels near $2.50.
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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