Author: James Wilson

Michael Saylor has faced renewed legal pressure after a shareholder rights firm opened an investigation into Strategy, adding to mounting scrutiny that has accompanied the company’s sharp stock decline and Bitcoin’s latest selloff. Summary Rosen Law Firm has launched an investigation into Strategy over potential securities claims and is preparing a possible shareholder class action. Strategy shares have fallen below $100 and dropped about 23% over the past week as Bitcoin’s selloff intensified market pressure. Peter Schiff and CryptoQuant have raised separate concerns over Strategy’s Bitcoin strategy, liquidity position, and capital allocation. According to Rosen Law Firm, the investigation is…

American Bitcoin Corp has approved a 1-for-15 reverse stock split after shareholders backed the proposal at the company’s 2026 annual meeting. Summary American Bitcoin has approved a 1-for-15 reverse stock split following shareholder approval at its 2026 annual meeting. The Trump-backed Bitcoin mining company also elected Asher Genoot to its board and approved KPMG as its independent auditor. ABTC shares extended losses on Thursday despite the corporate action, while the company continues to hold more than 7,500 BTC. According to a filing with the U.S. Securities and Exchange Commission, shareholders of American Bitcoin Corp voted on several corporate matters during…

After FTX vanished with billions in customer money, “proof of reserves” became the phrase every exchange started using. This guide explains what it really proves, what it quietly leaves out, and how to tell a meaningful attestation from a marketing badge. Summary Proof of reserves lets crypto exchanges verify on chain holdings against customer liabilities instead of relying only on trust. Merkle trees and zero knowledge proofs help exchanges prove customer balances are included without exposing private account data. Proof of reserves improves transparency but cannot fully confirm off chain obligations or guarantee long term solvency. Proof of reserves is…

Asked on a podcast whether XRP holders could receive equity in a Ripple public offering, Brad Garlinghouse nodded and floated a “special arrangement.” It was vague, unpromised, and electrifying to a community starved for catalysts. Here is what it could actually mean, and what it almost certainly cannot. Summary Garlinghouse hinted at a possible “special arrangement” for XRP holders. He did not announce an IPO, a holder reward, or any concrete mechanism. Ripple equity and XRP remain legally separate assets. The most realistic benefit to XRP holders is still indirect utility, not equity. In a June 2026 interview on the…

Bitcoin price has rebounded toward $62,000 after a sharp selloff pushed the crypto asset below $60,000, though weak institutional demand and persistent macroeconomic risks continue to keep traders on the defensive. Summary Bitcoin price rebounded toward $62,000 on June 25 after an oversold bounce followed its drop below the $60,000 level. Spot Bitcoin ETFs recorded $459 million in net outflows as institutional investors reduced exposure. Analysts warn the recovery could fade unless Bitcoin reclaims key resistance around $62,800 to $65,000. According to data from crypto.news, Bitcoin (BTC) price climbed back to around $61,800 on June 25 after tumbling as much…

SBI Holdings has signed a basic agreement and share transfer agreement to acquire all shares of Bitbank, moving the Japanese crypto exchange toward becoming a wholly owned subsidiary of SBI Group. Summary SBI’s Bitbank deal pushes Japan’s crypto exchange market toward deeper consolidation under large financial groups. Bitbank said existing services will continue unchanged as it prepares to become an SBI subsidiary. The acquisition follows SBI’s Bitpoint merger and broader crypto payments push across Japan this year. Bitbank announced the agreement on June 24 and said the transaction is part of its planned entry into SBI Group. The exchange said…

A group of Democratic members of the U.S. House of Representatives sent a letter to SEC Chair Paul Atkins on Tuesday seeking details about how the agency oversees AI-driven trading tools and whether current securities laws are sufficient to address the technology. Summary Democratic House lawmakers have asked the SEC to explain how it plans to regulate AI trading agents and whether additional legal authority is needed. The lawmakers warned that AI powered trading tools could expand into cryptocurrencies, options, futures, and event contracts while operating with limited regulatory oversight. The request comes as Coinbase and other companies continue to…

A new CoinGecko analysis found that nearly seven in 10 Pump.fun tokens stopped trading on the same day they launched.  Summary Most Pump.fun launches lose trading activity within hours, showing how thin meme demand can be. Only 4.55% of tokens lasted over 90 days, making long-running projects rare on the platform. The data comes as top meme coins keep sliding, adding pressure on speculative token markets. The study reviewed 18.67m tokens created on the Solana-based meme coin launchpad from Jan. 14, 2024, to June 18, 2026. CoinGecko said 12.8m tokens, or 68.67% of the total, recorded their final Pump.fun bonding-curve…

The Wall Street Journal reported that Iran-linked entities moved more than $3.84 billion through crypto exchange CoinEx since 2019.  Summary CoinEx now faces scrutiny after WSJ linked Iran-related wallets to $3.84b in transactions since 2019. Investigators reportedly traced central bank wallets to Bybit hack funds tied to North Korean actors. The report lands as U.S. authorities widen crypto sanctions actions against Iranian exchanges and wallets. The report cited TRM Labs and public on-chain data. It said CoinEx became one of the main crypto routes allegedly used to move funds outside U.S. sanctions. The report said investigators found unusual activity from…

World has expanded access to AgentKit, a framework that has enabled verified users to connect AI agents to their digital identities and prove those agents represent real people rather than automated bot networks. Summary World has expanded AgentKit, allowing AI agents to operate on behalf of verified human users through World ID. The framework supports AI tools such as Claude Code, Codex, Cursor, Hermes, and OpenClaw. A recent sale of 500 limited-edition hats demonstrated how verified AI agents can complete purchases while enforcing one-person limits. According to World, the rollout comes as AI agents take on a growing number of…