Hut 8 Agrees to $2.35 Million Settlement Over USBTC Merger Lawsuit
Hut 8 agreed to pay $2.35 million to settle a class action lawsuit filed in the Southern District of New York, related to its merger with U.S. Bitcoin Corp,
CryptoNews (Latest Publications)
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Galaxy Digital Invests in Digital Prime Technologies to Strengthen Institutional Lending
TL;DR: Galaxy Digital made a strategic investment in Digital Prime Technologies, developer of Tokenet, an institutional digital asset lending platform. Tokenet was launched in May 2026
CPX Token Plunges and CoinUp Considers Legal Steps Over Posts Linking It to Zhu Pan
TL;DR: Market crash: The native CPX token recorded a drastic drop on June 23 due to heavy, concentrated selling pressure. Official statement: The CoinUp exchange issued
Cboe Eyes Shift to Perpetual Futures for Bitcoin and Ether Products
TL;DR Cboe is reportedly evaluating a transition from continuous Bitcoin and Ether futures into perpetual-style contracts, a structure widely used across offshore crypto exchanges. The proposal
Binance Co-Founder Yi He Flags Impersonator and Prompts CoinUp to Issue Clarification
TL;DR Binance co-founder Yi He warned users about an alleged impersonator known as Zhu Pan, saying the individual had impersonated her in failed scam attempts. CoinUp
Thai Authorities Extend Crypto Mining Probe Into $300 Million Chinese “Grey Capital” Operation
TL;DR: Illegal crypto mining was the central mechanism of a Chinese “gray capital” network that laundered more than $300 million annually in Thailand. The DSI seized
Blockchain Data Firm Allium Lands $40 Million Series B Amid Rising Institutional Interest
TL;DR: Allium closed a $40 million Series B led by Amplify Partners, with participation from firms Kleiner Perkins and Theory Ventures. The startup processes and standardizes
MyTonWallet Becomes My Wallet and Grows Into a Multi-Chain Hub With 9 Million Users
TL;DR MyTonWallet rebranded as My Wallet after growing from a TON-only wallet into an 11-chain, self-custodial product serving over 9 million users. The June release added
India Added to Kalshi’s Restricted Jurisdictions in Updated Members’ Agreement
TL;DR: Kalshi added India to its list of 55 restricted jurisdictions after Indian authorities warned providers about the use of VPNs. Spain, Indonesia, Singapore, Poland, Portugal,
ZachXBT Slams KYC and Warns He May Expose Ways to Evade Online Tracking
TL;DR: On-chain researcher ZachXBT described KYC as one of the least useful data types for investigations and threatened to publish methods to bypass it. ZachXBT warned
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