Kraken Launches Bitcoin Staking with Babylon Protocol

Crypto exchange Kraken has launched a new Bitcoin staking product through a protocol integration with Babylon Labs. In a Thursday announcement, Kraken said it has partnered with the Bitcoin (BTC) staking protocol Babylon. The integration allows the exchange’s users to earn interest on their Bitcoin holdings without the need for bridging, wrapping or lending. Kraken…

US Trade War BTC Price Downside Risks to Return in July as Bitcoin Analysts Wait for Liquidity Grabs

Key points: Bitcoin lacks volatility catalysts thanks to a US public holiday and a Federal Reserve “nothingburger,” crypto market participants say. US trade war deadlines begin to take center stage for risk assets. BTC price action is still expected to exit its narrow range this month. Bitcoin (BTC) turned sluggish on June 19 as analysis…

Massive Password Leak Threatens Crypto Accounts and Wallet Security

A massive trove of more than 16 billion login credentials from leading online service providers, including Apple, Google and Facebook, was leaked, with potential consequences for crypto holders. According to a Friday report, the Cybernews research team reviewed “30 exposed data sets containing from tens of millions to over 3.5 billion records each.” All together,…

Bitcoin Shrugs Off Fed, Mideast War, but Derivatives Flash Caution

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,…

Nobitex Hackers leak Source Code after $100M Crypto Hack

Hackers behind a $100 million exploit of Iranian cryptocurrency exchange Nobitex have released the platform’s full source code, placing remaining user assets at risk. Nobitex exchange was hacked for at least $100 million of cryptocurrencies on Wednesday by a pro-Israel group calling itself “Gonjeshke Darande,” which claimed responsibility for the attack. In the latest turn…

Binance’s CZ Calls for ‘Will Function’ to Protect Crypto After Death

Binance founder and former CEO Changpeng “CZ” Zhao asked crypto platforms to adopt a “will function” to enable users to distribute their digital assets in the event of their death. “This is a topic people avoid, but the fact is, humans cannot live forever,” CZ wrote on X. “Every platform should have a ‘will function’…

Bitcoin Scarcity Versus New Issuance Leads To Rallies

Key takeaways: The number of Bitcoin held for over 10 years is increasing faster than new coins are mined — 550 BTC/day versus 450 issued BTC/day. 17% of BTC is already considered illiquid, and projections suggest up to 30% by 2026. Fidelity Digital Assets released a report highlighting a pivotal shift in Bitcoin’s supply dynamics…

Canada’s Sol Strategies files with SEC to list on the Nasdaq

Sol Strategies, a Canadian firm that focuses on the Solana ecosystem, has filed compliance documents with the US Securities and Exchange Commission to get listed on Nasdaq. The Form 40-F filing reveals that if the firm received approval from the agency, it would trade under the STKE ticker symbol on the Nasdaq exchange. Companies domiciled…

Binance’s CZ Calls for ‘Will Function’ to Protect Crypto After Death

Binance founder and former CEO Changpeng “CZ” Zhao asked crypto platforms to adopt a “will function” to enable users to distribute their digital assets in the event of their death. “This is a topic people avoid, but the fact is, humans cannot live forever,” CZ wrote on X. “Every platform should have a ‘will function’…

Binance’s CZ Calls for ‘Will Function’ to Protect Crypto After Death

Binance founder and former CEO Changpeng “CZ” Zhao asked crypto platforms to adopt a “will function” to enable users to distribute their digital assets in the event of their death. “This is a topic people avoid, but the fact is, humans cannot live forever,” CZ wrote on X. “Every platform should have a ‘will function’…