What is the FIFA blockchain? In May 2025, FIFA announced the launch of a dedicated layer-1 blockchain utilizing Avalanche’s Subnet technology. This transition marks a departure from its previous use of the Algorand blockchain, which had powered FIFA’s initial ventures into Web3, including the FIFA Collect NFT marketplace launched ahead of the 2023 Club World…
Strategy, the world’s largest corporate Bitcoin holder, plans to raise nearly $1 billion through a stock offering to fund additional Bitcoin purchases. The company, led by executive chairman Michael Saylor, plans to issue 11,764,700 shares of 10.00% Series A Perpetual Stride Preferred Stock at a public offering price of $85 per share. Strategy estimates raising…
European lawmakers have yet to define have yet to define “decentralization,” even as regulators begin preparing for decentralized finance (DeFi) to become a key focus of crypto policy in 2026. The world’s first comprehensive regulatory framework for the crypto industry, the Markets in Crypto-Assets Regulation (MiCA), went into effect on Dec. 30, 2024. Among its…
The largest US crypto lobbying groups have asked lawmakers to include protections for software developers and infrastructure providers in a bill aiming to regulate the crypto space. A joint statement on June 5 by the DeFi Education Fund, Coin Center, the Solana Policy Institute, The Digital Chamber, Blockchain Association, Crypto Council for Innovatio, and the…
Crypto conference attendees fail at “basic situational awareness” and security measures, opening themselves up to exploitation by bad actors hiding in the crowd at events, says crypto exchange Kraken. Kraken’s security team noted a “troubling trend” of laptops and phones owned by popular crypto protocols left unlocked and unguarded on tables at events — as…
The US Department of Justice has moved to seize $7.74 million in crypto allegedly earned by North Korean IT workers using fake identities and working at blockchain firms as remote contractors. The funds were initially frozen in April 2023 as part of an indictment against Sim Hyon Sop, a China-based banker allegedly helping North Korean…
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…
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…
Improving regulatory clarity in the United States may push Bitcoin past $150,000 during the current market cycle, according to Alice Li, investment partner and head of US at crypto venture capital firm Foresight Ventures. Speaking during Cointelegraph’s Chain Reaction X Spaces show on June 3, Li said the crypto market’s 2025 rally has been largely…
A solo Bitcoin miner has successfully mined block 899,826, earning a reward worth $330,386, a rare feat amid record-high network difficulty. According to mempool.space data, the block was confirmed at 3:48 am UTC on June 5 and included 3,680 transactions. The miner, operating under the Solo CK pool, collected a subsidy of 3.125 Bitcoin (BTC)…