Archive snapshot · Launchpad
Mon, Jun 29, 7:20 AM ET
Spot bitcoin ETF investors down 40% average as funds post worst week on record
Iridium Bitcoin Trust (IBIT) and other spot bitcoin ETFs experienced seven consecutive negative weeks with $444.5M net outflows Friday, the longest weekly losin
The Block · +8 outlets
India USDT premium spikes to 8.5% after enforcement raids on crypto firms
India's Enforcement Directorate raids on Bengaluru-based crypto companies disrupted stablecoin supply, pushing USDT trading premiums to 8.5%, a signal of local
The Block · +4 outlets
BIS warns stablecoins lack key properties of money, flags emerging-market risks
The Bank for International Settlements' annual report argues that stablecoins fall short as functional money on singleness, elasticity, and integrity, and warns
The Block · +3 outlets
Galaxy Research cuts Clarity Act passage odds to 50% on Senate calendar delays
Galaxy Digital analyst Alex Thorn downgraded the probability of passing the U.S. Clarity Act to 50%, citing Senate schedule constraints and stalled negotiations
The Block · +14 outlets
Crypto VC activity drops as institutional investor participation hits 6-year low
Venture capital activity in crypto narrowed significantly, with institutional investor participation falling to its lowest level in six years.
Cryptonews.net · +6 outlets
SecondFi recovers from $2.4M Cardano wallet exploit in three days
A vulnerability in SecondFi's wallet-generation code enabled a $2.4 million ADA theft across 374 addresses, though the platform plans to return funds within two
The Block · +7 outlets
South Korea's Kiwoom Securities acquires stake in Bithumb exchange
Kiwoom Securities purchased a minority stake in Bithumb, reflecting a wave of South Korean traditional finance firms buying into local crypto exchanges amid evo
The Block · +14 outlets
Fomo crypto trading app closes $75M Series B from Index Ventures
Crypto-native trading platform Fomo completed a $75 million Series B round led by Index Ventures as part of a broader week of 17 public crypto funding events.
PANews · +10 outlets
Loopring DEX sunsets due to minimal adoption after zkSync partnership era
Ethereum Layer 2 scaling project Loopring is shutting down its DEX because it failed to achieve meaningful traction, though it will refund users without chargin
The Block
South Korea revises stock listing rules in July, pressures crypto treasury companies
South Korean securities regulators updated listing requirements effective July 2026, creating delisting risk for some companies holding crypto treasuries.
Bitget · +4 outlets
Sophon shuts L2 blockchain, pivots to Base with 46.5M SOPH token burn
Sophon abandoned its independent Layer 2 blockchain project and will focus on Base instead, burning a large token allocation as part of the strategic shift.
FinanceFeeds
Cardano Leios testnet launches despite ADA price decline
Cardano shipped a major technical upgrade (Leios testnet) but the ADA token declined in value, illustrating a common pattern where ecosystem development doesn't
KuCoin · +14 outlets
Crypto VCs broaden investment mandates beyond blockchain sector
Major cryptocurrency venture funds are expanding beyond crypto-native companies, diversifying into broader technology and infrastructure sectors.
The Block · +12 outlets
Michael Saylor signals continued bitcoin buying as MicroStrategy equity position underwater $13B
MicroStrategy filed to buy more bitcoin for the fourth consecutive week, despite the company's large unrealized loss on its massive BTC holdings.
The Block
AI data marketplaces launch as new sector emerges in crypto
Decentralized data marketplaces powered by blockchain technology are entering production use, offering tokenized incentives for data contribution.
Yellow.com · +14 outlets
Vitalik Buterin: obfuscation is cryptography's final frontier but remains impractical
Ethereum founder Vitalik Buterin identified cryptographic obfuscation as the next unsolved challenge, noting that current indistinguishability obfuscation schem
The Block
Framework Ventures launches $400M AI and robotics fund, de-emphasizes crypto
Framework Ventures, a crypto-native VC firm, announced a $400 million fund focused on AI and robotics, signaling a strategic pivot away from pure crypto infrast
Crypto Briefing
DCG-backed Yuma launches institutional fund for Bittensor exposure
Digital Currency Group backed a new fund called Yuma to provide regulated institutional access to Bittensor (TAO) tokens and staking yields.
Bitget · +4 outlets

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