Author: WebDesk

On-chain data shows trading volume in the crypto sector has slumped to the lowest level in two years, a sign that investors have turned their attention away from the market. Crypto Trading Volume Has Seen A Notable Decline In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the trading volume of crypto assets. The “trading volume” here refers to an indicator that keeps track of the total amount of a given token that’s becoming involved in trading activity on the various centralized exchanges. When the value of the metric rises, it means…

The US government has transferred nearly $984,000 in cryptocurrency linked to Alameda Research and FTX. The US transferred nearly $984K in seized FTX and Alameda-linked crypto. About $768K of the funds moved to Coinbase Prime, according to Arkham data. Arkham data shows US government crypto holdings total about $20.93B. Blockchain data shows that most of the funds moved to Coinbase Prime as authorities continue managing seized assets. The transfers form part of ongoing efforts tied to the recovery and distribution process following the FTX collapse. Coinbase Prime receives portion of seized FTX funds Arkham Intelligence data showed movement from wallets…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A Canadian teenager accused of running a multimillion-dollar crypto fraud operation from the Miami area has become the latest young defendant tied to a high-value social-engineering theft case in the US Prosecutors say the scheme caused more than $13 million in losses and helped finance luxury vehicles, jewelry and nightlife spending. The case centers on Trenton Richard David Johnston, a Canadian national who was 19 when federal prosecutors in the Southern District of Florida announced the indictment on May 11. According to the US Attorney’s Office, Johnston…

Zach Anderson Jun 11, 2026 22:08 GitHub faced 9 service incidents in May 2026 as AI-driven traffic surged. Infrastructure upgrades continue as reliability challenges persist. GitHub, the Microsoft-owned platform central to global software development, reported nine service incidents in May 2026, according to its latest availability report. The disruptions, ranging from degraded GitHub Actions performance to failures in Copilot services, highlight persistent challenges as the company scales infrastructure to meet surging demand from AI-driven workflows. The most significant outage occurred on May 4, lasting over an hour, and was triggered by a database…

Timothy Morano Jun 11, 2026 22:00 NVIDIA’s 2026 stockholder meeting will take place online on June 24. Investors can vote, ask questions, and access key decisions virtually. NVIDIA (NASDAQ: NVDA) has announced that its 2026 Annual Meeting of Stockholders will be held online on Wednesday, June 24, at 9 a.m. PT. The virtual format allows both stockholders and non-stockholders to attend through this link. Stockholders will need their control number from their proxy card to vote and submit questions during the meeting, while others can register as guests. The company’s proxy statement, detailing…

El Salvador — often called Bitcoin country —continues to refine its immigration framework to draw high-value foreign talent and capital, including families. Decreto 531, effective March 31, 2026, reduced the physical presence requirement for temporary residents from nine months to 90 calendar days per year, consecutive or accumulated. This adjustment targets entrepreneurs, investors, and remote professionals whose work involves frequent travel. On paper, this new minimum requirement for residency status places El Salvador in a very competitive place compared to other tax haven-style nations. But what are the benefits of becoming a Salvadorian Tax resident, and is it really as…

A crypto analyst has stated that the Bitcoin price remains firmly in a bear market, projecting more volatility and pain ahead for the world’s largest cryptocurrency. The expert also noted that BTC has entered the final phase of this bearish stage, a period where the market is expected to reach its lowest levels alongside extreme Fear, Uncertainty, and Doubt (FUD). In his outlook, the analyst projected a timeline for when Bitcoin could complete its final capitulation move and establish a long-awaited bottom. He has also outlined a likely target range for this projected price floor. Bitcoin To Face More Declines…

Federal prosecutors in Philadelphia charged two men Wednesday with running an international bitcoin and crypto money laundering operation that processed nearly $400 million in illicit funds over five years, part of a sweeping multinational law enforcement takedown that dismantled the group’s criminal infrastructure across multiple continents. Ruslan Igorevich Tkachuk, 37, a Ukrainian national, and Alexander Vladimirovich Ledenev, 25, a Russian national, were arrested in Batumi, Republic of Georgia, where both men reside, according to U.S. Attorney David Metcalf of the Eastern District of Pennsylvania.  Each faces one count of conspiracy to launder monetary instruments and one count of sting money…

Backpack Securities has announced the launch of tokenized SpaceX stocks on the Solana blockchain via SunriseDeFi. The announcement comes a day ahead of the largest IPO in history from SpaceX as the company plans to launch on the Nasdaq under the ticker “SPCX” on June 12. The announcement comes amid the boom in the tokenized stock market, which soared over $1.4 billion thanks to growing regulatory developments.  On June 11, Backpack, a leading cryptocurrency exchange on Solana, announced that tokenized SpaceX’s share $SPCX is now available on Solana via SunriseDeFi. This announcement is coming at a time when SpaceX is…

Key TakeawaysBitcoin jumped to $62,500 on June 11, shaking off a hot U.S. inflation print and rising Middle East friction. After a Trump post at 1:28 EDT, BTC was above $63,000.May PPI jumped 1.1% via the Bureau of Labor Statistics, squeezing corporate margins and retail prices.Analysts warn that a prolonged Strait of Hormuz conflict may force central bank rate hikes and a recession. Wholesale Inflation Surges Past Forecasts Bitcoin traded sideways Thursday, shaking off escalating Middle East tensions and a hotter-than-expected producer price index. While a post-midday sell-off on Wednesday nearly erased the morning’s gains, 24-hour charts show the cryptocurrency…