Arca exec writes scathing letter to Circle post-IPO

Circle is facing criticism from Jeff Dorman, chief investment officer at digital asset investment firm Arca, over a $135,000 allocation to the company during the stablecoin issuer’s recent initial public offering. In an open letter posted to social media, Dorman accused Circle and its leadership of poor judgment, calling the allocation “inappropriate” and announcing the … Read more

AML Company Finds $15M of Garantex Reserves

Global Ledger, a company that provides a crypto Anti-Money Laundering (AML) toolset, has identified over $15 million in active reserves from crypto exchange Garantex, some of which are on the move. According to Global Ledger’s report, a dormant Garantex Ethereum wallet began accumulating Ether (ETH) on March 6, eventually funneling $2.3 million in ETH to … Read more

Ethereum looks unlikely to break $3,000 in the near term as network activity stays sluggish

Key takeaways: Ethereum’s decreasing TVL contrasts rising fees Ether (ETH) has struggled to reclaim the $2,700 mark despite an 8% gain between June 2 and June 4. Although the price gained 48% between May 5 and June 5, further upside appears limited due to some weak network activity and rising competition. Ethereum network total value … Read more

Cointelegraph Bitcoin & Ethereum Blockchain News

When liquidity attracts attackers: What went wrong on Cetus? On May 22, 2025, Cetus Protocol, the primary decentralized exchange (DEX) on the Sui blockchain, suffered a major hack, marking one of the largest decentralized finance (DeFi) breaches in cryptocurrency history.  An attacker exploited Cetus’ pricing mechanism flaw, stealing approximately $260 million in digital assets. This … Read more

Zebec Enhances KYC and AML Compliance Stack with Gatenox Acquisition

Financial infrastructure company Zebec Network has acquired Gatenox, a compliance and identity platform, to bring core regulatory infrastructure in-house and expand into more tightly regulated markets.  In an announcement shared with Cointelegraph, the company said the deal brings native Know Your Customer (KYC), Know Your Business (KYB) and Anti-Money Laundering (AML) tools directly into its … Read more

Why Is Bitcoin’s Percentage Supply on Crypto Exchanges Near 7-Year Lows?

Key takeaways: Bitcoin’s percent supply on exchanges has dropped below 11% for the first time since 2018. Institutional adoption is accelerating BTC withdrawals from public exchanges. Trust in centralized platforms is shaky post-FTX. Bitcoin’s (BTC) percent supply on exchanges has dropped to near seven-year lows, falling below 11% for the first time since March 2018, … Read more

EU Plots Digital Push With July Parliament Vote

The European Parliament is set to vote on a technology sovereignty proposal submitted by the Committee on Industry, Research and Energy (ITRE) under the leadership of pro-Bitcoin lawmaker Sarah Knafo. ITRE, one of 24 standing committees in the European Parliament, on June 3 adopted a non-binding report on tech sovereignty and digital infrastructure, calling for … Read more

Fund Manager APS Buys $3.4M in Tokenized Real Estate via MetaWealth

Pan-European fund manager APS became the first institutional investor to directly acquire tokenized real estate assets through MetaWealth’s blockchain-based investment platform, according to an announcement shared with Cointelegraph. APS, which manages over 12 billion euros ($13.7 billion) in assets, purchased 3 million euros ($3.4 million) in tokenized bonds tied to two Italian residential properties listed … Read more