Aptos and Jump Crypto Launch Shelby, a Web3 Cloud Storage Platform

Aptos Labs and Jump Crypto have introduced a cloud-based storage network tailored for Web3 and decentralized applications — a system its creators say rivals traditional cloud services. Unveiled on Tuesday, the network — called Shelby — is a globally distributed platform powered by Aptos’ high-throughput technology. It is chain-agnostic, offering compatibility with Ethereum, Solana and…

Bitcoin Accounts For One-Third of Investor Crypto Portfolios in 2025

Bitcoin exposure is increasing in cryptocurrency portfolios, driven by more innovation-friendly US crypto regulations and growing institutional adoption triggered by the introduction of spot Bitcoin exchange-traded funds (ETFs), according to a new report from Bybit. Bitcoin (BTC) accounts for about one-third of investor portfolios, or 30.95% of total assets as of May, up from 25.4%…

Trump Administration Mulls ‘Debanking’ Executive Order: Report

US President Donald Trump’s administration is reportedly considering an executive order aimed at preventing banks from cutting off services to politically unfavorable industries, including cryptocurrency firms, according to a Tuesday report from The Wall Street Journal, citing unnamed sources. The move would come in response to allegations that some banks have denied services to tech…

Cathie Wood’s ARK Now Dumped Nearly 2M Circle Shares

Cathie Wood’s investment company ARK Invest has continued dumping Circle shares after selling 1.25 million CRCL shares last week for about $243 million. ARK sold another 415,844 Circle shares from its funds for $109.6 million on Monday, according to a trade notification seen by Cointelegraph. The transactions marked the fourth Circle dump by ARK since…

Bitcoin Reclaims $105K on Iran Ceasefire, Risk Appetite Returns

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX,…

Turkey to Enforce New Crypto Transfer Rules, Limits on Stablecoins

Turkey is preparing to impose stricter regulations on crypto transactions to combat money laundering and financial crime, according to information obtained by the state-run Anadolu Agency (AA). Under the proposed measures, crypto platforms will be required to collect detailed information on the origin and purpose of every transfer. Users will need to provide a transaction…

Bitcoin Accounts For One-Third of Investor Crypto Portfolios in 2025

Bitcoin exposure is increasing in cryptocurrency portfolios, driven by more innovation-friendly US crypto regulations and growing institutional adoption triggered by the introduction of spot Bitcoin exchange-traded funds (ETFs), according to a new report from Bybit. Bitcoin (BTC) accounts for about one-third of investor portfolios, or 30.95% of total assets as of May, up from 25.4%…

Cutting Block Times To Boost Performance

An Ethereum developer has issued a proposal to cut the network’s block time in half — from 12 seconds to six seconds — in time for the Glamsterdam update in 2026. Ethereum Improvement Proposal 7782, discussed on June 21 by core developer Barnabé Monnot, suggests cutting the slot time — how often new blocks are…

Federal Reserve Cuts Reputational Risk Category In Win For Crypto

The US Federal Reserve said it has directed its supervisors to no longer consider “reputational risk” in its oversight of banks, which the crypto industry had long argued was used to unfairly target and debank crypto firms. Industries deemed risky face significant challenges in establishing or maintaining banking relationships, and this was seen driving the…

Hype 300% Rally Shows Hyperliquid Growth Is It Overvalued?

Key takeaways: HYPE has surged over 300% since April, driven by growing usage of the Hyperliquid exchange and rising investor interest. Hyperliquid now leads the decentralized perpetuals market, processing over 70% of DEX perp volume. 97% of protocol fee revenue is reinvested into HYPE buybacks, aligning token incentives with platform growth. Hyperliquid is having a…