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Centralized Wall Street gatekeepers to control investors’ route into tokenized stocks through old pipes

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Centralized Wall Street gatekeepers to control investors’ route into tokenized stocks through old pipes
24X National Exchange’s latest tokenized stock filing has put Wall Street’s core plumbing at the forefront of the equity-tokenization race. The exchange filed SR-24X-2026-20 on June 11, with the SEC issuing its notice on June 16 and the June 22 notice placing the filing in the Federal Register. The rule change would let eligible 24X … Read more

ETH stakers could see rewards cut as Ethereum fights to fund its future

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ETH stakers could see rewards cut as Ethereum fights to fund its future
Ethereum core contributors are debating a structural overhaul that could redirect Ethereum staking rewards toward ecosystem development. The protocol-level proposal seeks to solve a persistent coordination failure of funding public goods within the broader Ethereum ecosystem. Open-source security tools, client upgrades, and network maintenance benefit all users, but financial support often falls short because participants … Read more

Europe’s Swedish krona stablecoin arrives with a warning: dollar liquidity may already be too far ahead

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Europe’s Swedish krona stablecoin arrives with a warning: dollar liquidity may already be too far ahead
AllUnity launched SEKAU on June 19, giving Europe a Swedish krona stablecoin under MiCA while dollar tokens still define most on-chain payments. The SEKAU stablecoin is live on Ethereum, Solana, Base, Tempo, and Polygon. The launch raises the question of usage. SEKAU can be compliant, fully reserved, and multi-chain, while still needing banks, market makers, … Read more

Wall Street’s UBS uMINT yield-bearing collateral has reached Bybit – but there’s a catch

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Wall Street’s UBS uMINT yield-bearing collateral has reached Bybit – but there’s a catch
Calais Digital Assets has turned UBS uMINT collateral into a live trading workflow on Bybit, giving tokenized money-market funds a concrete margin use case rather than another issuance milestone. The setup runs across Bybit, ByCustody, and DigiFT, with the uMINT position remaining in custody while it is recognized as exchange collateral. The June 18 deployment … Read more

Why the options boom is changing what investors actually buy

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Why the options boom is changing what investors actually buy
Bitcoin dropped below $60,000 by mid-June after a punishing start to the month, but the figure drawing the most attention across trading desks is the June 26 Bitcoin options expiry, with over $10 billion of contracts set to expire and roughly 80% currently sitting out of the money. Chart showing the open interest for Bitcoin … Read more

Ethereum’s Jaredfromsubway MEV bot drained after approving its own $7.5M theft

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Ethereum’s Jaredfromsubway MEV bot drained after approving its own $7.5M theft
The Jaredfromsubway MEV bot, linked to roughly 70% of Ethereum sandwich attacks, lost more than $7.5 million in an allowance drain after its automated system authorized attacker-controlled contracts to spend its tokens. The bot, known as Jaredfromsubway.eth, approved a series of transactions that appeared to be part of profitable trading routes. Those permissions remained active, … Read more

Three World Cup betting crypto wallets have cashed out more than $24 Million

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Three World Cup betting crypto wallets have cashed out more than $24 Million
Three cryptocurrency wallets collectively generated $24.25 million in profit from World Cup prediction markets before routing their proceeds to the same Binance deposit address, raising questions about whether a single trader controlled the accounts. On June 21, blockchain analytics platform Lookonchain identified the wallets as mintblade, GRIMDRIP, and EndlessFate. The accounts recorded 13 winning positions from 16 settled … Read more

Kraken Fed account fight could shape how crypto firms get direct payment access

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Kraken Fed account fight could shape how crypto firms get direct payment access
The banking group, ICBA, is asking the Federal Reserve Bank of Kansas City to turn Kraken’s Fed account into an active renewal test before the initial one-year term expires. In a June 18 letter, the community-bank trade group urged the Kansas City Fed to immediately review whether Kraken Financial’s limited-purpose account remains consistent with the … Read more