Post-prison CZ says time behind bars didn't hurt the billionaire's business after Binance
Changpeng Zhao has returned to business activities after completing his prison sentence and now maintains a majority stake in Binance while pursuing venture capital investments. He claims his time behind bars improved his character without damaging his business interests or billionaire status.
About 60% of World Cup bettors on Polymarket are first-time crypto users
Approximately 60% of bettors on Polymarket during the World Cup were experiencing blockchain technology for the first time. The platform's straightforward betting interface successfully onboarded these newcomers to cryptocurrency transactions.
$47M in Crypto Frozen in Global Infostealer Takedown: Europol
Police across multiple countries froze €41 million in cryptocurrency and shut down three major malware operations (SocGholish, Amadey, and StealC) that infected hundreds of thousands of computers globally. The malware stolen cryptocurrency and passwords from victims across multiple jurisdictions simultaneously.
Binance faces EU service limits next week as MiCA rules take effect
Binance will halt new customer registrations across the EU on July 1 due to unmet compliance requirements under the Markets in Crypto Assets Regulation. Existing users retain withdrawal access, though the exchange cannot offer services without obtaining regulatory approval from EU authorities.
Circle, Nomura eye Japan corporate FX with stablecoin settlement: Report
Circle and Nomura are partnering to enable Japanese corporations to settle foreign exchange transactions using stablecoins within Japan's regulated blockchain financial framework. The collaboration targets corporate FX settlement, leveraging stablecoins as the settlement medium in a jurisdiction that has been developing regulated cryptocurrency and blockchain financial infrastructure.
Kalshi Seeks $40B Valuation Weeks After $1B Raise: FT
Kalshi is seeking a $40 billion valuation weeks after completing a $1 billion fundraise at a $22 billion valuation. The prediction market platform's higher ask comes amid escalating regulatory disputes between federal and state authorities over its operations.
Aave Token Could Climb 50x by End of 2030, Standard Chartered Says—Here's Why
Aave token could reach $3,500 by 2030 according to Standard Chartered's prediction, representing a 50-fold increase from current prices. The forecast is part of the bank's broader crypto projections that also include Bitcoin at $500,000 and Ethereum at $40,000.
Kalshi Sues Illinois Over New State Tax on Sports-Related Prediction Markets
Kalshi is suing Illinois over a 15% tax on sports betting set to take effect next week. The company claims the tax disproportionately burdens prediction markets compared to traditional sportsbooks.
The Next GameStop? Meme Stock Traders Make Biggie-Size Bet on Wendy's
Retail investors are targeting Wendy's stock as their next meme stock play following GameStop and AMC patterns. Amateur traders are attempting to create a similar price movement battleground between themselves and institutional investors in the fast-food chain's shares.
Your Hermes Agent Now Has a Pet. It Does Nothing—And That’s the Point
Nous Research added a decorative pet mascot to its Hermes AI agent that observes the agent's operations without performing any function. The pet is purely visual and serves no purpose beyond aesthetic appeal.