Security'47 Ronin' Director Gets 30 Months: Gambled $11M Netflix Funds on Dogecoin
'47 Ronin' director Carl Rinsch sentenced to 30 months. He diverted $11M Netflix funds, bought Dogecoin on Kraken, walked out with $27M. Verdict June 30, 2026.
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Security
UkraineUkraine Puts $8.3M in Seized USDT Under State Management in a First
For the first time, Ukraine transferred seized crypto to state management: $8.3M in USDT from an international hacking ring now sits in an ARMA wallet.
RegulationEBA: fines for token issuers up to 12.5% of revenue under MiCA
EBA published a MiCA penalty framework: up to 12.5% of annual revenue or 2x profits for significant token issuers. Released 5 days before the July 1 deadline.
MarketsBitcoin UTXO Capitulation Signal Fires for the First Time This Cycle
Bitcoin's UTXO capitulation signal fired for the first time this cycle. Long-term holders responded with a record 181,000 BTC in accumulation inflows.
Ethereum37,806 ETH Exit Dormancy: All ETH Whale Cohorts Underwater for First Time Since 2019
Four Ethereum wallets dormant since 2017 sold 33,623 ETH for $52.5M. First time since 2019, all major ETH whale cohorts sit on negative unrealized profit.
RegulationHyperliquid Added to Singapore's MAS Investor Alert List
Singapore's MAS added Hyperliquid to its Investor Alert List for operating without a license. The UK FCA issued a similar warning three weeks earlier.
SecurityAscendEX: ZachXBT Questions Reserves as Withdrawal Delays Emerge
Crypto investigator ZachXBT flagged concerns over AscendEX reserve composition. Several users reported withdrawal delays from the exchange on June 26.
InstitutionalSBI Acquires Bitbank for $289M to Lead Japan's Crypto Market
SBI Holdings acquires Bitbank for $289M, gaining 100% control and 2.92M crypto accounts to become Japan's largest exchange by assets under custody.
DeFiAbracadabra: MIM Stablecoin Crashes 50% Below Dollar Peg
Abracadabra's MIM stablecoin dropped to $0.49, half its $1 target. We explain how the Cauldron lending system works and why the depeg happened.