Bitmine, a publicly listed company that has built a large treasury of Ether (ETH) and stakes it to generate yield, has continued aggressive accumulation even as the broader market sold off. It purchased its largest weekly stack of the year just as Ether hit its 2026 low.
Fidelity Investments became the latest Wall Street asset manager on 18 Jun to introduce a money market fund designed for stablecoin issuers under the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act). The product is not new. BlackRock has run a structurally similar fund since November 2022. At least six other managers have introduced their own versions in the interim. What seems to separate them is how loudly each has been pitched.
In the context of cryptocurrency, a hack refers to an unauthorized breach or exploitation of a blockchain platform, crypto exchange, wallet, or smart contract, resulting in the theft, manipulation, or loss of digital assets.
"I bought my first Bitcoin in 2014 and, by the way, I haven’t sold any since then. I’m a believer in all crypto."
Crypto industry groups warned a new Illinois tax on digital asset activity could raise costs for consumers and create new compliance burdens for exchanges and custodians.
