News

Sophon Sunsets Its Blockchain, Goes All-In on Apps

June 26, 2026 5 mins read

A $60M-raised L2 team chooses apps over infra. First product, Pyre, launches a new consumer category: entertainment finance. $SOPH joins Base as one of the largest project tokens in the ecosystem. Sophon today announced it is sunsetting its ZK-powered layer-2 blockchain and relaunching as SOPH, a consumer product studio building on Base. The company is the first well-funded L2 team to publicly act on a thesis it has been signaling since

Request Network Introduces One-Click Cross-Chain Mass Payouts and Expands Wallet Screening With Merkle Science

June 25, 2026 4 mins read

Anyone can now execute mass payouts across EVM chains and Tron from a single platform and can choose between multiple wallet screening providers. Just three weeks after releasing major upgrades for crypto payment collection, the Request Network Foundation today announced another expansion of its stablecoin payment platform. The release introduces one-click mass payouts on both EVM and Tron, alongside built-in bridging and token swapping across EVM chains. The update also expands compliance capabilities through

Mantle Becomes One of the First Ethereum L2s to Bring Franklin Templeton’s USPX ETF On-Chain with xStocks

June 24, 2026 2 mins read

Mantle, the premier distribution layer connecting traditional finance and on-chain liquidity, today announced the listing of USPXx, xStocks’ tokenized representation of Franklin Templeton’s Franklin U.S. Equity Index ETF (USPX), now available for 24/7 on-chain trading and liquidity provision via Fluxion, Mantle’s native decentralized exchange. With $1.98 billion in assets under management, USPX tracks the top 85% of the US equity market by market capitalisation, one of traditional finance’s most widely

Sui News: Cumberland, Fluid, and SwissBorg Join Institutional Coalition on Hashi Ahead of July Global Testnet

June 23, 2026 5 mins read

Sui aims to transition more of Bitcoin’s $1.2T market cap into verifiable, productive onchain products. Hashi, Sui’s native bitcoin finance primitive, gains more institutional support ahead of the scheduled launch of its global testnet this July.   Sui, where money moves as freely as messages, announced today that Cumberland, Fluid, and SwissBorg have joined the Hashi ecosystem, Sui’s native bitcoin finance primitive, weeks ahead of its scheduled global testnet launch this

Bitcoin Rallied to $66,000 on the Iran Deal. Here Is the Part Nobody Is Talking About

June 20, 2026 5 mins read

A US-Iran peace framework sent Bitcoin above $66,000 on June 15, 2026. Brent crude fell 4%. Asian equities jumped 5%. It looked like the trade everyone had been waiting for. Standard Chartered called $60,000 the cycle low. Coinbase CEO Brian Armstrong said the same thing publicly. But the Fear and Greed Index sat at 20. Over $4.8 billion exited Bitcoin ETFs in the preceding five weeks. And analysts who have

VARA Just Changed the Rules for Every Crypto Firm in Dubai. Here Is What the New AML Crackdown Actually Requires

June 20, 2026 5 mins read

On June 12, 2026, Dubai’s Virtual Assets Regulatory Authority published new anti-money laundering guidance that applies to every licensed crypto firm in the emirate. Quarterly risk reviews. Real-time FATF blacklist screening. Senior management held personally accountable for compliance failures. And a pointed warning about AI-related risks that most of the industry has been ignoring. If you hold a VARA licence or are thinking about one, this is what changed. What

Bybit Private Wealth Management Posts Up to Over 50% in 30-Day APR Across Multiple Strategies

June 18, 2026 2 mins read

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, saw its Private Wealth Management division (PWM) demonstrate resilience across market cycles. Latest 30-day returns showcase consistent gains amid volatile market conditions. Over the past 30 days, Bybit PWM has achieved notable gains on average: Bybit PWM’s shock-resistant performance in a volatile world reflects Bybit’s commitment to building advanced wealth solutions, positioning the platform as a premier destination for high-net-worth individuals and corporate

MarketAcross and Cryptic Partner to Expand Web3 Marketing Services

June 17, 2026 2 mins read

MarketAcross (InboundJunction) and Cryptic have announced a strategic partnership to deliver integrated marketing, PR, and go-to-market solutions for blockchain and Web3 companies worldwide. The collaboration combines MarketAcross’ longstanding expertise in crypto public relations and media distribution with Cryptic’s global Web3 marketing capabilities, including KOL campaigns, regional growth strategies, and community activation. Through the partnership, both firms will provide clients with coordinated support across public relations, narrative development, influencer marketing, content

Wallet V Launches Public Performance Benchmark for AI Trading Agents on Hyperliquid and Aster

June 16, 2026 3 mins read

Wallet V, a self-custody Web3 wallet, launched a public performance benchmark for the AI trading agents that its users have configured on the third-party decentralized derivatives platforms Hyperliquid and Aster. The benchmark publishes aggregate cohort performance and is hosted on the Wallet V website. The benchmark covers 688 agents created by Wallet V users over the prior two months. Each agent was configured by the user, used a large language model

MEXC Releases June 2026 Proof of Reserves with 156.5% Average Reserve Ratio Across Major Assets

June 16, 2026 3 mins read

MEXC, a pioneer in 0-fee digital asset trading, has released the June 2026 Proof of Reserves (PoR) report, showing an average reserve ratio of 156.5% across major assets, including a 269% reserve ratio for BTC. The report confirms that MEXC reserves exceed user balances, ensuring user assets on the platform are fully backed. MEXC’s June audit report details the following major asset reserve ratios:BTC: 269%, with total wallet assets of 12,656

Mantle and xStocks Bring Tokenized SpaceX (SPCXx) to Fluxion & Merchant Moe as History’s Largest IPO Goes Live

June 13, 2026 4 mins read

Mantle, the premier distribution layer connecting traditional finance and on-chain liquidity, today announced the listing of SPCXx, the tokenized SpaceX equity issued by xStocks, available for 24/7 on-chain trading and liquidity provision on Mantle from the day SpaceX completes the largest initial public offering in history. The listing brings on-chain access to one of the most anticipated equity events in history through two of the ecosystem’s flagship venues, Fluxion and

XRPL Commons announces appointment of Odelia Torteman as Head of Digital Assets

June 12, 2026 1 min read

XRPL Commons is pleased to announce that after two years leading Corporate Adoption, Odelia Torteman now serves as Head of Digital Assets at XRPL Commons. Under her role she will be leading initiatives with industry players across finance and Web3 to accelerate XRP Ledger adoption by bringing DeFi, tokenization, and payments use cases to the XRPL. Odelia brings 15 years of global experience across digital finance, spanning strategy and technology