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Coinbase CEO Armstrong Calls Accredited-Investor Rules a 'Regressive Tax'
Regulation & Politics

Coinbase CEO Armstrong Calls Accredited-Investor Rules a 'Regressive Tax'

Coinbase CEO Brian Armstrong called Monday for an overhaul of the U.S. accredited-investor framework, arguing that wealth-based gatekeeping concentrates private-market gains among the already wealthy. He proposed replacing the net worth and income test with a financial literacy exam, or removing the requirement entirely.
Humanity Protocol Launches New H Token Airdrop After $36M Exploit
Tokens

Humanity Protocol Launches New H Token Airdrop After $36M Exploit

Humanity Protocol has announced a full token migration and 1:1 airdrop of a new H token after the June 8 exploit that drained approximately $36 million.
BlackRock Launches BITA, a Covered-Call Bitcoin ETF Designed to Generate Monthly Income
TradFi & Fintech

BlackRock Launches BITA, a Covered-Call Bitcoin ETF Designed to Generate Monthly Income

BlackRock listed the iShares Bitcoin Premium Income ETF (BITA) on Nasdaq, overlaying a covered-call strategy on IBIT to generate monthly income while capping upside participation.
Robinhood Cuts 10% of Workforce, Takes $28M Restructuring Charge
CeFi

Robinhood Cuts 10% of Workforce, Takes $28M Restructuring Charge

Robinhood is cutting roughly 10% of its full-time employees in a corporate restructuring CEO Vlad Tenev has framed as a push for a high performance culture, with $28 million in charges expected in Q2 2026.
Kraken and Coinbase Bring Perps Onshore as US Derivatives Markets Shift
CeFi

Kraken and Coinbase Bring Perps Onshore as US Derivatives Markets Shift

Kraken and Coinbase each launched perpetual futures products Monday, with Kraken going live on CFTC-regulated crypto contracts via Bitnomial and Coinbase introducing four thematic equity-index perpetuals on US soil.
Paradigm Leads $9 Million Round in Latin American Stablecoin App El Dorado
CeFi

Paradigm Leads $9 Million Round in Latin American Stablecoin App El Dorado

Paradigm has led a roughly $9 million round in El Dorado, the stablecoin-powered payments app that has signed up more than a million users across Latin America. The bet extends the venture firm's push into dollar-rails for emerging markets.
Standard Chartered Sets UNI 2030 Price Target at 40x Current Levels
DeFi

Standard Chartered Sets UNI 2030 Price Target at 40x Current Levels

Standard Chartered Global Research initiated coverage of Uniswap, with Geoff Kendrick framing the decentralized exchange as the trading hub for tokenized real-world assets and setting a $100 UNI price target for end-2030, roughly 40x current levels.
SIREN Token Crashes 95% in a Week After Whale Sells 670M Tokens for $64.8M
Markets

SIREN Token Crashes 95% in a Week After Whale Sells 670M Tokens for $64.8M

A single dominant wallet offloaded roughly 92% of SIREN's total supply across two days, collecting $64.8 million in Tether and gutting the BNB Chain AI token.
Sui Processes $65 Billion in Stablecoin Transfers in Five Days After Zeroing Out Fees
Blockchains

Sui Processes $65 Billion in Stablecoin Transfers in Five Days After Zeroing Out Fees

The Layer 1's gasless stablecoin design pushed transfer throughput to nearly $65 billion since June 10, recasting Sui as a fee-free settlement rail for institutional and agentic payments.
Bitcoin Tops $67,000 to Two-Week High After Trump Declares US-Iran Deal Complete and Hormuz Reopening
Markets

Bitcoin Tops $67,000 to Two-Week High After Trump Declares US-Iran Deal Complete and Hormuz Reopening

Bitcoin climbed past $67,000, its highest level in roughly two weeks, after President Trump declared the US-Iran deal "complete" and authorized reopening the Strait of Hormuz. Oil fell about 4% and around $150 million in crypto short positions were liquidated.