A newly created wallet has caught the attention of the crypto traders after making a sizable bearish bet on the market through Hyperliquid. As per the data, wallet address 0xaeaa deposited 6.68 million USDC and used the capital to open multiple 20x-leveraged short positions in 3 of the largest tokens
The European Union is set to launch wide-reaching AML regulatory changes that will enhance regulatory controls in traditional finance as well as in the crypto space. Regulation (EU) 2024/1624 will come into force in July 2027 and establish a €10,000 cash transactions limit across the EU. Legislators from Europe drafted
South Korea plans on including fintech companies in the new licensing framework for virtual asset transfers, which is due to be introduced in December. This follows the introduction of a six-month grace period into the Foreign Exchange Transactions Act amendment. The concerned government made this announcement to the local media.
Stockholm, Sweden, 19th June 2026, Chainwire
Ireland has placed crypto assets in its highest financial crime risk category. It marks a significant shift in how the country views the rapidly growing sector. Irish authorities identified cryptocurrencies as a very serious danger for both money laundering and terrorist financing in their first specialised digital asset risk assessment
Today, KuCoin, a leading global cryptocurrency platform that is founded on trust, made an announcement on the debut of the KuCoin Wealth Quant Fund. This fund consists of the Neutral Enhanced Fund, which is the company’s first offering. A more organized approach to long-term capital allocation, risk management, and portfolio
The CEO of Coinbase, Brian Armstrong, severely criticized the upcoming Illinois’ crypto tax law, noting that it could be detrimental to blockchain innovation and employment. Specifically, Armstrong noted that such legislation could force blockchain innovation away from Illinois, creating extra complications for those who develop products based on blockchain technology.
As institutional capital continues its notable shift from cryptocurrency markets toward artificial intelligence and semiconductor stocks, Zoomex, a global crypto derivatives exchange, announces the availability of Zoomex Stocks, a tokenized equities trading solution designed to give users seamless access to both asset classes from a single account. The timing reflects
Kalshi’s recent move into perpetual futures is making waves across the derivatives market. In just two weeks, the prediction market platform’s recently introduced perpetual contracts produced over $5.5 billion in trading volume. It demonstrates the robust demand for regulated derivatives connected to cryptocurrencies in the US. For the business, which
The crypto market is entering a phase where investors are paying closer attention to utility, infrastructure, and adoption rather than hype alone. While price action still drives headlines, many of the most closely watched projects are now being evaluated based on what they are actually building. That shift is creating
