Industry News

  • Wall Street’s Next Onchain Test Gives Citi Clients Tokenized Access to Private Shares11 Jun 2026 15:14Citi has opened a regulated blockchain route into private-company shares, giving Wall Street another live test of tokenization beyond crypto-native trading. The Wall Street Journal reported June 11 that Citigroup is rolling out tokenized shares of private companies for wealthy and institutional clients, initially limited to foreign investors, with the bank hoping other financial institutions […]
  • Institutional Giants Back $355M Canton Network Round as DTCC Treasury Deal Nears11 Jun 2026 14:05A frosted Canton logo is etched onto a modern glass office door leading into a sleek corporate workspace.Digital Asset, the company behind the Canton Network, raised $355 million in a new equity round led by Andreessen Horowitz’s A16z Crypto fund, which contributed $100 million, bringing together one of the most concentrated groups of institutional capital ever assembled behind a blockchain infrastructure play. Who Wrote the Check The round drew participation from Abu […]
  • Bitcoin Traders Eye $64K Resistance as RSI Hangs at the Lowest Level Since November 201811 Jun 2026 13:18Bitcoin chart on June 11.Bitcoin rebounded 2.3% on June 11, 2026, climbing from a session low of $60,914 to a high of $63,200, but technical indicators present a divided picture that traders are watching closely. Intraday Recovery Holds Above $62K The 24-hour gain brought bitcoin’s price to approximately $62,780 at the time of analysis, with a market capitalization near […]
  • South African Reserve Bank Backs Payshap Over Digital Rand as Cassim Targets Real-Time Payments11 Jun 2026 11:30The South African Reserve Bank has decided to pause the immediate implementation of a digital rand despite successfully testing its technical feasibility. Digital Rand Trials Reveal Privacy and Speed Tradeoffs The South African Reserve Bank (SARB) has no compelling need to immediately launch a digital version of its currency, a top official said, citing significant […]
  • Luno CEO James Lanigan Warns $33T Stablecoin Boom Could Bypass South Africa11 Jun 2026 10:30Luno CEO says South Africa risks missing out on stablecoin boomLuno CEO James Lanigan warned that South Africa’s proposed Capital Flow Management Regulations could severely harm the country’s economic competitiveness by restricting stablecoin use. Lanigan Warns of Competitiveness Risk South Africa risks severely undermining its global economic competitiveness if upcoming financial regulations block the use of stablecoins, according to James Lanigan, chief executive officer of […]
  • Nasdaq-Listed Fold Sells $45M in Bitcoin, Clears $20M Debt and Frees Cash for Expansion11 Jun 2026 09:30Fold eliminates debtFold Holdings recently sold $45 million in bitcoin and used the proceeds to pay off $20 million in bitcoin-collateralized loans. Debt Elimination and Liquidity Boost The Nasdaq-listed bitcoin financial services company, Fold, disclosed that it monetized approximately $45 million of bitcoin at an average price of about $71,000 per bitcoin. From the proceeds, Fold repaid […]
  • Dragonfly’s Rob Hadick Says Stablecoins Could Grow 10x as Payments Adoption Expands11 Jun 2026 07:30Rob Hadick, Dragonfly General PartnerStablecoins may have begun as a reserve-yield business. Still, Dragonfly’s Rob Hadick argues the next phase of value creation will come from distribution, compliance, payments, and the collapse of legacy financial infrastructure. Stablecoins and the Fall of Legacy Payments For years, the stablecoin market has been viewed through the lens of issuance. The most visible […]
  • 200,000 Human Neurons Learned to Play Doom, Pointing to Low-Power Biological Computing11 Jun 2026 06:30Cortical Labs connected 200,000 human neurons grown from blood-derived stem cells to its CL1 silicon interface, teaching the culture to navigate and shoot in Doom. By translating the game’s state into electrical patterns and reading neural spikes as commands, the system improved with training, pointing to low-power biological computing even as current neuron-chip setups last […]
  • ASK Group Taps Eric Schimdt-Backed Keeta to Tokenize Oil, Gold and Copper11 Jun 2026 05:30ASK Group and Keeta collaborate to tokenize Gulf assetsThe UAE-based investment group ASK Group and U.S. blockchain company Keeta have partnered to launch a public exchange where physical assets will be traded as fractional digital tokens. Gulf Commodities to Go Digital A United Arab Emirates investment group and Keeta, a U.S. blockchain company backed by tech billionaire Eric Schmidt, have launched a joint […]
  • Nigeria Senate Pushes Crypto Bill to Committee, Setting Up 4-Week Review Phase11 Jun 2026 04:30Close-up view of the Nigerian National Assembly building, showcasing its prominent green dome and the Nigerian flag flying in front against a dramatic sunset sky.The Nigerian Senate has advanced a major cryptocurrency regulation bill through a second reading, moving the country closer to its first comprehensive legal framework for digital assets. Legislative Progress and Next Steps Nigeria’s Senate on June 9 passed a cryptocurrency regulation bill through a second reading, moving Africa’s largest economy closer to establishing its first […]