ChainGPT AI News

FIFA has tapped Kraken as the Official Crypto Exchange Supporter of the FIFA World Cup 2026, bringing a major crypto player onto the sport’s biggest global stage. The partnership will focus on crypto awareness, fan engagement and product experiences across North America and Europe as the tournament expands to a 48‑team format. What to expect - Kraken will run fan‑first activations and educational programs linked to match viewing, football communities and tournament events. The company says it will introduce supporters to digital‑asset products and crypto tools, with a heavy emphasis on education and accessibility. - Public programming kicks off with the FIFA World Cup 2026 Countdown Concert on June 10, a multi‑city lead‑in to the seven‑week tournament. Additional activations are planned across North America and Europe during the build‑up and the World Cup itself. Tournament snapshot - FIFA World Cup 2026 will feature 48 teams, 104 matches and 16 host cities across the United States, Canada and Mexico. FIFA expects the expanded event to draw more than six billion cumulative viewers. Why it matters - Kraken, which has operated for more than a decade and serves users in over 190 countries, will use the World Cup platform to raise crypto visibility among mainstream football audiences. Financial terms of the deal were not disclosed. - The move continues a wider trend of crypto firms partnering with sports and entertainment properties to reach non‑trading audiences through sponsorships and fan experiences. Voices from the deal - FIFA Chief Business Officer Romy Gai framed the partnership as aligned with FIFA’s fan‑experience goals, noting the organization’s ongoing use of commercial partners to layer technology and consumer programs onto major tournaments. - Kraken co‑CEO Arjun Sethi described football as a shared global experience that brings people together across borders and languages, adding that money should be equally open and accessible via smartphones. Background and footprint - Kraken already has sports ties, including partnerships with Tottenham Hotspur, Atlético de Madrid, RB Leipzig and a Formula 1 deal with Atlassian Williams Racing, giving it exposure to football and motorsport audiences ahead of the World Cup. The Kraken‑FIFA tie‑up positions the exchange to introduce crypto products and education to a vast, global fanbase as the 2026 World Cup approaches. Read more AI-generated news on: undefined/news

Token of Power liquidity pool drained of $1.58M in Balancer exploit Token of Power (TOP) suffered a rapid exploit on Tuesday that emptied roughly $1.58 million from its TOP/WETH Balancer V1 pool, on-chain security firms Blockaid, PeckShield and Cyvers reported on X. The attacker drained about 944.2 WETH from the 50/50 TOP–WETH pool by flooding it with TOP tokens and swapping those inflated balances for the pool’s real WETH reserves. What happened - The affected pool was a Balancer V1 automated liquidity vault holding TOP (an ERC-20 token tied to The Mask of Power DAO and built around collective ownership of a MetaMask NFT) and Wrapped Ether (WETH). - According to Blockaid, PeckShield and Cyvers, the attacker deposited a large volume of TOP into the pool, massively diluting the token balance, then swapped that inventory for WETH, extracting roughly 944.2 WETH (about $1.58M at the time). - After the drain the pool was left holding heavily diluted TOP tokens, leaving liquidity providers exposed to near-worthless assets. On-chain follow-up and tracing - PeckShield’s alerts indicate the attacker subsequently moved about 945 ETH into Tornado Cash, a crypto mixer that can obscure fund flows. - Security firms have posted alerts as the exploit became visible on-chain, but a full technical post-mortem has not yet been published. Wider context and status - Token of Power has not released a public incident report or outlined remediation, compensation, or governance steps. Blockaid, PeckShield and Cyvers remain the primary sources of information so far. - The exploit comes a day after a separate high-profile DeFi incident: Humanity Protocol reported a $36M loss stemming from an employee laptop breach. While unrelated, both events have drawn intensified scrutiny from blockchain security teams this week. What to watch - Expect more detailed forensic reports from the security firms, any response from the TOP project or its DAO, and whether affected liquidity providers will be offered compensation or governance remedies. Read more AI-generated news on: undefined/news

Wirex is partnering with Visa to test a future where AI agents can pay for things on behalf of users — and stablecoins will be the rails. The crypto-friendly payments firm has joined Visa’s new Agentic Ready programme as an issuer, taking part in trials designed to let software agents initiate and complete payments while preserving security, transparency and consumer controls. Wirex says the “agentic economy” is growing rapidly—about 44% annually, per the company—and argues that stablecoins are well-suited to power always-on payment flows that traditional banking rails can’t easily support. What Wirex and Visa will test - Real-world experiments with AI-driven agents executing payments using stablecoins, in collaboration with Visa and other ecosystem participants. - Key goals: ensure transactions remain secure and reliable, and that users retain visibility and consent over agent actions. - Early use cases under review include SaaS subscription payments, marketing budget management, and business procurement workflows where agents can act without needing manual sign-off at every step. Context: Visa’s wider blockchain push This initiative builds on Visa’s expanding work in blockchain and stablecoin payments. Recent projects include a proof-of-concept with Brale on the Canton Network testing settlement with Brale’s SBC stablecoin in a permissioned, privacy-enabled environment — aimed at institutional payments that require controlled transaction visibility. Visa has also supported settlement using Circle’s USDC on Ethereum and explored stablecoin-funded payments, tokenized-asset spending, and crypto rewards. Wirex — already a principal member of Visa — says the new collaboration will extend its existing relationship with Visa and explore practical agent-driven payment flows such as travel bookings, subscription management and automated transaction execution. Wirex emphasized that users will keep control and oversight over how agent-initiated transactions occur. Pavel Matveev, Wirex co-founder and CEO, framed the work as a step toward mainstreaming delegated payments: “Together with Visa, we want to introduce a trusted model for payments to lead this shift, delegating financial actions to software whilst operating within Visa’s global payment networks and Wirex’s decade-long track record of compliance.” Broader market signals Visa’s agentic programme arrives amid a flurry of crypto-linked product moves from the card giant and partners. Recent Visa-related launches include a card issued through Tether and Fasset to spend tokenized gold with rewards paid in Tether Gold, and a Visa-linked card from SBI Group in Japan offering Bitcoin, Ethereum and XRP rewards via SBI VC Trade. Why it matters If successful, these tests could accelerate practical, secure use of AI agents for automated payments across both consumer and enterprise use cases, while further anchoring stablecoins as a backbone for seamless, 24/7 digital transactions. Read more AI-generated news on: undefined/news

CME Group has rolled out a new way to trade broad crypto exposure: Nasdaq CME Crypto Index futures, a cash-settled contract that tracks eight major cryptocurrencies through a single regulated instrument. Trading began on June 8, with CME confirming the launch on June 9. What’s in the product - The contract is settled against the Nasdaq CME Crypto Settlement Price Index, a market-cap-weighted benchmark that measures the performance of large, actively traded digital assets. - The index basket (as of June 9) includes Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Solana (SOL), XRP, Cardano (ADA), Chainlink (LINK) and Stellar Lumens (XLM). - CME lists a standard contract under ticker NCI (equal to $10 × index value) and a micro contract under MCI (equal to $1 × index value). Why it matters - The new futures let traders, funds and advisers gain diversified crypto exposure without buying, storing or transferring each token. Because the contracts are cash-settled, holders receive or pay the cash difference at expiration rather than taking delivery of any coins. - Bitcoin and Ether remain the dominant weights, while SOL, XRP, ADA, LINK, XLM and BCH add exposure to payment networks, smart-contract platforms and blockchain data services—broadening the profile beyond single-asset bets. - Giovanni Vicioso, CME’s global head of cryptocurrency products, framed the launch as a response to investor demand for “diversified access while using a regulated derivatives market,” calling the contracts “a cost-efficient tool to hedge their risk.” Nasdaq’s Sean Wasserman added that clients are seeking “digital asset benchmarks with established governance and transparent rules,” and that futures tied to such indexes are a logical extension. Product context and market access - This is CME’s first market-cap-weighted crypto futures product and expands the exchange’s lineup beyond single-token futures (CME already lists futures on BTC, ETH, SOL, XRP, ADA, LINK, XLM, Avalanche and Sui, among others). CME also introduced Bitcoin volatility futures in June. - CME now offers crypto futures and options on a near-24/7 schedule (aside from maintenance windows), bringing regulated derivatives trading closer to the continuous nature of crypto spot markets. Investor takeaway - For portfolio managers and traders wanting one-ticket exposure to a basket of major digital assets, the Nasdaq CME Crypto Index futures provide an efficient regulated tool. Keep in mind, however, that index-level moves depend on the combined performance of all constituents—gains in some coins can be offset by losses in others within the same session. Read more AI-generated news on: undefined/news

Pusat Kebijakan Hyperliquid dan investor crypto Paradigm telah mendesak Departemen Keuangan AS untuk mempersempit bagian dari aturan anti-pencucian uang (AML) yang diusulkan untuk penerbit stablecoin, memperingatkan bahwa draf saat ini dapat membebani penerbit dengan tanggung jawab yang tidak dapat mereka tegakkan secara realistis — dan itu dapat membebani DeFi. Dalam surat tertanggal 9 Juni dan komentar publik bersama, kelompok-kelompok tersebut memuji lembaga-lembaga Keuangan karena memperkuat pemeriksaan AML di mana penerbit berinteraksi langsung dengan pelanggan. Namun mereka berargumen bahwa kewajiban yang sama tidak seharusnya secara otomatis berlaku untuk transaksi yang terjadi di luar platform penerbit — misalnya, transfer antar alamat dompet, pertukaran terdesentralisasi, dan kontrak pintar. Aliran pasar sekunder tersebut seringkali hanya mengungkapkan alamat dompet, jumlah transaksi, dan panggilan kontrak, bukan identitas pelanggan atau kontrol penerbit, mereka mencatat. Aturan draf, yang diterbitkan oleh FinCEN dan Kantor Pengendalian Aset Luar Negeri pada bulan April untuk melaksanakan Undang-Undang GENIUS, akan mewajibkan penerbit stablecoin yang diizinkan untuk mempertahankan program AML dan sanksi serta sistem retensi yang mampu memblokir, membekukan, atau menolak transaksi yang melanggar hukum AS. Hyperliquid dan Paradigm mengatakan bahwa tugas pemblokiran dan kontrol tersebut perlu memiliki batasan yang lebih jelas ketika token beredar di luar pengawasan atau layanan penerbit. Jika dibiarkan samar, kelompok-kelompok tersebut memperingatkan, penerbit bisa menghadapi "tanggung jawab ketat untuk transaksi yang tidak dapat mereka awasi secara berarti." Paparan hukum tersebut, argumen surat itu, dapat mendorong penerbit stablecoin yang diatur ke dalam lingkungan yang diizinkan di mana peserta menjalani pemeriksaan identitas — secara efektif menarik stablecoin yang terikat dolar yang diatur dari rel DeFi terbuka dan menciptakan ruang untuk alternatif luar negeri. Penerbit, yang takut akan risiko sanksi, mungkin menolak untuk mendukung jaringan terbuka atau mengintegrasikan dengan kontrak pintar tanpa izin, ungkap pengajuan tersebut. Komentar ini muncul saat Kongres terus bekerja pada Undang-Undang CLARITY, proposal Senat terpisah yang akan memberikan perlindungan bagi pengembang open-source dan penyedia layanan yang tidak mengendalikan dana pelanggan. CEO Solana Institute Kristin Smith dan lebih dari 200 kelompok industri telah mendesak pembuat undang-undang untuk mempertahankan perlindungan semacam itu saat Komite Perbankan Senat memajukan RUU tersebut; pemungutan suara penuh Senat belum terjadi. Undang-Undang GENIUS menjadi hukum pada Juli 2025 dan menetapkan kerangka federal untuk stablecoin pembayaran. Aturan pelaksanaan Departemen Keuangan masih dalam bentuk draf dan mungkin berubah setelah komentar publik. Saat regulator memperhalus bagaimana persyaratan AML dan sanksi berlaku di seluruh penerbitan primer dan pasar sekunder yang tanpa izin, keseimbangan yang mereka capai akan membentuk apakah stablecoin yang diatur tetap terintegrasi dengan DeFi atau melenceng menuju sistem tertutup yang diizinkan. Baca lebih banyak berita yang dihasilkan AI di: undefined/news

Japan’s three biggest banks — MUFG Bank, Sumitomo Mitsui Banking Corporation (SMBC) and Mizuho Bank — have announced plans to jointly issue a yen stablecoin and aim to begin live transactions in fiscal 2026 (by March 2027). The move could create a shared settlement option for major corporate clients and marks a major coordinated push by traditional banks into tokenized yen payments. Key points - The banks signed a memorandum to form a voluntary council that will design the operating and governance framework for the joint stablecoin project. The council will also review Japanese laws and market conditions before live transactions begin. - Issuance will use a trust structure: the three banks will act as joint settlors, while a trust bank (or equivalent) will serve as trustee. This lets them adopt one shared issuance framework rather than building separate tokens. - Many technical and commercial details remain undecided and unannounced: token issuance size, blockchain network, retail access rules and the exact rollout timetable were not disclosed. - The council will examine issuance infrastructure, system design, governance, operating processes and compliance. The group will initially be formed by the three banks and could later invite other financial institutions and related firms to join. Regulatory and pilot background - The project follows a Financial Services Agency (FSA)-backed proof-of-concept completed in November 2025 that tested joint stablecoin issuance and cross-border payments involving Mitsubishi Corporation’s Japan and overseas offices. - In that pilot, Mitsubishi UFJ Trust and Banking Corporation handled the trust-based issuance design and Progmat supplied blockchain infrastructure; the three banks set requirements and assessment standards. The pilot also reviewed legal compliance and user protection. - Under Japan’s Payment Services Act, stablecoins can operate as regulated electronic payment instruments if issuers comply with required structures and reserve rules. Ecosystem context and next steps - The banks’ initiative joins an increasingly crowded field of regulated yen token efforts. JPYC launched a yen-backed stablecoin in October 2025, and institutional yen-token projects from SBI Holdings and Startale are also in development. - Japan’s ruling Liberal Democratic Party has pushed for broader use of yen stablecoins, tokenized deposits and 24/7 settlement, as well as clearer rules for tax payments, wages and corporate uses — a policy backdrop that supports projects like this. - The three banks say they intend the stablecoin to support multiple payment uses rather than a one-off test, but they have not named initial commercial users or confirmed whether early transactions will be limited to corporate payments. Why it matters A jointly issued stablecoin from Japan’s three megabanks could streamline settlement for large corporate clients and accelerate mainstream adoption of tokenized yen payments — but progress hinges on the council’s final design, regulatory review, and integration with existing payment rails. Expect regulators and market participants to watch the council’s output closely as the project moves toward live transactions in FY2026. Read more AI-generated news on: undefined/news

BNB is back among the top crypto contenders — but the big question now is how high it can realistically go. After retaking fourth place from XRP in mid-May, Binance’s native token sits on firmer footing. Crypto analyst Crypto Patel on X laid out a detailed look at BNB’s upside this week, and his numbers underscore both the token’s potential and the scale of the challenge ahead. Key takeaways - Current position: BNB’s market cap is roughly $80.6 billion, ranking it fourth globally behind Bitcoin, Ethereum and USDT. - Historical peak: BNB’s all-time high near $1,370 (October 2025) implied a peak market cap around $185 billion. - Supply assumptions: If BNB’s long-term burn trajectory reaches the commonly cited 100 million supply target, price targets scale dramatically with market-cap assumptions. What price targets mean in market-cap terms - $10,000 per BNB would imply about a $1 trillion market cap — a size comparable to today’s Bitcoin market cap. - $20,000 per BNB would imply roughly a $2 trillion valuation for one token, exceeding the current combined worth of much of the crypto market today. As Crypto Patel put it bluntly: “Anyone throwing out $20,000 as a near-term target is selling you something, not analyzing.” BNB vs. Ethereum: how realistic is a flip? - To overtake Ethereum (currently around a $203 billion market cap in Patel’s comparison), BNB would need to trade near $1,500 at today’s supply — a level close to its previous ATH. - That makes a short-term flip possible only if BNB returns to record levels while Ethereum holds steady. In a true market-wide recovery, however, Ethereum would likely climb too, turning a flip into a longer-term challenge. Structural risks: Binance concentration A core structural concern highlighted by Patel is concentration risk: many of BNB’s value drivers — the burn mechanism, exchange-fee utility, on-chain activity and institutional custody — run through or next to Binance. That centralization means any significant negative event for Binance would likely drag on BNB’s price. Bull case and long-term stretch targets - Patel’s reasonable bull case: BNB can reclaim its old high and push toward $3,000. - Stretch scenario: his longer-term chart eventually projects a path into the $20,000 range, but not before several years — he places such a trajectory no earlier than 2029. Bottom line BNB’s comeback into the top ranks shows resilience and utility, but moving from a solid top-four asset to a trillion- or multi-trillion-dollar valuation would require a much larger crypto market and more distributed value drivers than BNB currently enjoys. Sensible upside targets are achievable; sky-high figures demand a very different market landscape. Read more AI-generated news on: undefined/news

Sam Bankman‑Fried says he would “absolutely” welcome a pardon from President Donald Trump — but the political and public realities make that outcome unlikely. What happened - According to Bloomberg, SBF has formally applied for a presidential pardon. - Trump has already publicly signaled resistance: in January he told The New York Times he has no intention of granting clemency to the former FTX CEO. - Despite Trump’s broader clemency record in a second term — more than 1,400 pardons and commutations to date, including over 1,200 tied to Jan. 6 cases — SBF has not appeared on any list of people reportedly under consideration. Prisonroom perspective - Michael Avenatti, who shared a prison unit with SBF, took to X on June 8 to offer a blunt assessment: he says SBF never once admitted wrongdoing while they were bunkmates — not privately, not in passing, not ever. - Avenatti is not an impartial observer. He is himself a convicted felon, incarcerated for extortion and fraud, which colors his criticism. - Still, Avenatti offered a mixed portrait: he called Bankman‑Fried a technology visionary with genuine intellectual gifts but argued that SBF’s core failure was judgment — specifically, a refusal to recognize his own limits or bring in experienced operational leadership. The “adult in the room” argument - Avenatti drew a parallel to Google’s founders hiring Eric Schmidt as CEO to provide seasoned management. He argued that had SBF brought in a comparable, experienced executive and heeded operational advice, FTX might never have imploded — and SBF could plausibly be worth close to $100 billion and a free man today. Legal reality - Those counterfactuals stand in stark contrast to the legal record. Bankman‑Fried is serving a 25‑year sentence after being convicted for his role in the FTX collapse. - His conviction focused on the commingling of customer funds — a charge SBF continues to dispute. He maintains that FTX customers were ultimately repaid, a contention critics say misrepresents the full picture. What a pardon would mean - A presidential pardon could commute or erase legal penalties, but such relief requires presidential willingness — something Trump has signaled he does not currently have for SBF. Bottom line SBF has sought a pardon, and some fellow inmates paint him as brilliant but stubbornly unaccountable. Yet his 25‑year sentence and Trump’s stated reluctance make a path to clemency uncertain, even as debate continues over how much mismanagement versus malfeasance drove FTX’s spectacular collapse. Read more AI-generated news on: undefined/news

Bitcoin is exhibiting a paradox: on-chain activity is surging toward record levels even as the price continues to slide, raising questions about whether the network’s busiest period in months could signal a turning point or simply a capitulation. Crypto analyst Darkfost, sharing a CryptoQuant chart, flagged a sharp spike in BTC transactions based on the 30-day moving average. Monthly transaction activity now sits at roughly 640,000 — close to the level seen during last year’s correction, when the network recorded about 666,000 transactions in September 2024, one of its busiest stretches. That on-chain strength comes amid intense selling pressure. Darkfost says Bitcoin’s decline accelerated in June, falling roughly 19% during the week and pushing BTC below previously assumed bottoms. Typically, rising transaction volumes are associated with bull runs or market tops, but this time the surge is unfolding while the market is firmly bearish. Darkfost called it a major “capitulation episode” and one of the most significant “change of hands” events in Bitcoin’s history — suggesting large-scale redistribution of coins even as prices fall. Whether elevated on-chain activity can translate into price support is unclear. Darkfost’s separate analysis highlights that short-term holders (positions under six months) were hit hardest in the recent correction. When BTC slipped below $60,000 during last week’s pullback, more than 60,200 BTC were moved to exchanges by these traders within a 24-hour window — and over 59,000 of those were transferred at a loss, the largest negative returns for this cohort since February. The data points to emotional selling by newer market participants as prices plunged. In short: Bitcoin’s network activity looks robust, but for now that robustness is accompanying a sell-off rather than a rally. The big question for the market is whether this “change of hands” will mark a final capitulation and pave the way for recovery — or simply signal deeper redistribution before further downside. Read more AI-generated news on: undefined/news

Judul: Aliran Spot ETF Terpisah — Ethereum Menarik Aliran Baru Sementara Bitcoin Terus Merugi Modal Spot exchange-traded funds (ETFs) yang melacak Bitcoin dan Ethereum bergerak ke arah yang berbeda, menurut data terbaru dari SoSoValue. Meskipun kedua produk memberikan investor eksposur yang diatur dan didukung kustodi terhadap koin yang mendasarinya tanpa menyentuh dompet atau bursa, aliran modal mereka telah terpisah dalam beberapa minggu terakhir. Latar Belakang: apa yang dilakukan spot ETF Spot ETF diluncurkan di AS untuk Bitcoin pada Januari 2024 dan untuk Ethereum pada Juli 2024. Ketika investor membeli saham, dana membeli dan menyimpan cryptocurrency yang mendasari atas nama mereka, menyediakan saluran yang dikenal dan diatur oleh SEC untuk institusi dan investor tradisional untuk mengakses eksposur harga crypto. Aliran yang Berbeda Data SoSoValue menunjukkan bahwa spot ETF Ethereum sebagian besar mengalami aliran keluar sejak 7 Mei, periode di mana harga pasar ETH meluncur dari sekitar $2.300 ke bawah $1.600. Namun, tren tersebut mulai berbalik dalam beberapa hari terakhir: - 4 Juni: Spot ETF ETH mencatat aliran masuk bersih sebesar $19 juta, mengakhiri rentetan panjang aliran keluar bersih. - 5 Juni: Aliran keluar bersih kecil mengikuti. - Senin lalu: ETH menikmati lonjakan aliran masuk bersih yang signifikan sekitar $82 juta. ETF Bitcoin tidak melihat pemulihan yang sama. Dana BTC mengalami aliran masuk marginal sekitar $3 juta pada 4 Juni tetapi sebagian besar terus mengalami aliran keluar bersih setelahnya. Pada hari Senin lalu, ETF Bitcoin mencatat aliran keluar bersih yang cukup besar sekitar $91 juta — keluar yang lebih besar daripada aliran masuk yang terlihat oleh ETH pada hari yang sama. Apa Artinya Angka-angka terbaru menunjukkan setidaknya segmen investor ETF spot lebih memilih Ethereum daripada Bitcoin dalam jangka pendek. Terlepas dari volatilitas aliran, harga ETH telah sedikit pulih dari titik terendahnya dan diperdagangkan mendekati $1.670 pada pembaruan terbaru. Kesimpulan Spot ETF tetap menjadi jalur utama untuk modal institusional ke dalam crypto. Untuk saat ini, aliran menunjukkan perubahan selera antara BTC dan ETH: Ethereum telah melihat pembelian baru melalui ETF, sementara Bitcoin terus menghadapi penebusan. Para pelaku pasar akan mengamati apakah bifurkasi ini bertahan dan bagaimana hal itu berkorelasi dengan pergerakan harga di kedua aset. Baca lebih lanjut berita yang dihasilkan AI di: undefined/news

XRP found a silver lining after a recent sell-off pushed the price to test the important $1 support: a rare monthly momentum signal is reappearing that, historically, has come before big rallies. Market analyst Sam Daodu points out that XRP’s monthly relative strength index (RSI) has dropped to about 41.6 — a level he calls the lowest ever for the token and a “deep-oversold” reading that has only shown up four times in the past 13 years. According to Daodu, the last three occasions this monthly RSI setup appeared (2017, 2020 and 2022) were followed by explosive moves, with price gains in those cycles ranging from roughly 1,000% to as much as 60,000%. That historical pattern is getting traders’ attention, but Daodu and the report emphasize an important reality check: the enormous percentage gains previously recorded started from extremely low price bases. For example, XRP was under a penny in 2017 before its subsequent multi-thousand-percent surge — a path that’s not realistically repeatable from today’s much-higher price levels. So what would a more plausible outcome look like if the monthly RSI pattern holds this time? Daodu’s estimate is conservative: reclaiming the $3.65 cycle high over the next year or two — roughly a 3x move from current levels — is believable if crypto market sentiment turns positive. Hitting substantially higher marks, such as $5 or beyond, would likely require more than just a technical bounce; the report ties that upside to specific fundamentals, notably passage of the CLARITY Act and a genuine expansion in ETF demand. Timing also matters. Even if the bottom is already in, the report cautions that the following rally could unfold slowly — potentially taking until 2027 to fully play out — and a flat price through the summer would not necessarily invalidate the monthly RSI setup, which is designed to resolve over a longer horizon. In short: a rare monthly RSI signal has reignited hope for XRP, but historical context and market structure make runaway percentage returns unlikely from today’s base. A credible target would be a retest of $3.65 within one to two years, while higher milestones depend on meaningful fundamental catalysts. Image: created with OpenArt; chart: TradingView.com. Read more AI-generated news on: undefined/news

Chainalysis has formalized a deeper partnership with the Korean National Police Agency (KNPA) to boost South Korea’s ability to investigate virtual asset crime — including the high-profile thefts tied to North Korean groups. The blockchain analytics firm announced the memorandum of understanding on June 9; the agreement was signed in April. Under the deal, Chainalysis will deliver Korean-language training, professional certification and hands-on exercises for officers handling crypto-related investigations involving fraud, money laundering and cross-border theft. What the program includes - Chainalysis Academy courses translated into Korean so KNPA personnel and affiliated agencies can learn tracing techniques across wallets, exchanges, bridges and other blockchain services. - Access to the Chainalysis Digital Asset Program: a certification pathway covering basic and advanced investigative methods. - Joint practical exercises built on current crime patterns to simulate real-world cases. Kwon, speaking about the MoU, said the goal is to build long-term institutional capability rather than focusing solely on North Korea. The agreement also commits the parties to share information on emerging technologies and evolving criminal methods. Why this matters Chainalysis highlights the scale and complexity of the threat: North Korea-linked groups allegedly stole more than $2 billion in cryptocurrency in 2025 alone, and about $5.5 billion over the previous five years. Attackers commonly route stolen funds across multiple blockchains and jurisdictions — using exchanges, cross-chain bridges and mixing services — making global visibility essential for trace-and-seize operations. Chainalysis says its platform has supported seizures totaling over $34 billion worldwide and that courts have accepted its data as evidence in criminal cases. Recent incidents underscore the need for better capabilities. In April, North Korea–linked attackers reportedly took about $577 million from Drift Protocol and Kelp DAO, reigniting scrutiny of social-engineering risks, bridge security and how stolen assets are handled. Separately, Chainalysis has previously helped Seoul police trace an international hacking group to Thailand after a roughly $30 million theft. How this fits into South Korea’s larger effort The MoU comes after the KNPA formed a dedicated task force on crypto-based money laundering that brings together units from economic crime, cybercrime, counterterrorism, narcotics and intelligence. Police say they will probe unregistered exchange operators and trace funds converted into stablecoins such as USDT, and have allocated funding for specialist virtual-asset training. What’s still unknown The agreement does not disclose how many officers will receive training, the program’s budget, or set public targets for arrests, asset seizures or completed investigations. Those operational details — and how quickly the new training and tools translate into cross-border enforcement outcomes — will be important to watch. Bottom line The MoU formalizes an expanding role for private blockchain analytics in national law enforcement. By combining Chainalysis’s tooling and training with KNPA’s investigative reach, South Korea aims to speed up detection, disruption and prosecution of complex, multi-jurisdictional crypto crimes — an area that has become a major battleground in global financial security. Read more AI-generated news on: undefined/news

XRP berada di titik teknis yang krusial yang bisa menentukan langkah besar berikutnya. Token ini telah menguji support Fibonacci 0.786 yang penting dan saat ini diperdagangkan sekitar $1.09 di Coinbase, sebuah level yang—di grafik harian—sejauh ini tetap kokoh, menurut analis CasiTrades. Apa yang diperhatikan trader sekarang adalah bagaimana harga bereaksi dari sini. CasiTrades menandai $1.19 dan $1.27 sebagai rintangan resistance yang segera; tetap terjaga di bawah level tersebut akan menjaga koreksi yang lebih luas tetap utuh dan bisa membuka pintu untuk penurunan menuju sekitar $0.90 (fib 0.854). Sebaliknya, dorongan yang meyakinkan melalui resistance tersebut akan membalik narasi dari koreksi yang berlanjut ke awal pemulihan. Analis lain, EGRAG CRYPTO, menggambarkan XRP sedang berada di dalam “zona keputusan makro yang kritis” dengan ambang teknis yang jelas untuk mengonfirmasi pergeseran bullish: - Penutupan bulanan di atas $1.40 akan menunjukkan bahwa low $1.05 adalah dasar yang terkonfirmasi. - Mengklaim kembali band $1.61–$1.65 akan menandai awal pemulihan bullish. - Patah yang tegas di atas $1.70 akan memperkuat sinyal momentum tersebut. EGRAG juga mencatat bahwa jika XRP mempertahankan support ini, sebuah double-bottom dapat terbentuk dan menyiapkan panggung untuk rally yang lebih kuat. Namun, kegagalan untuk mempertahankan level saat ini bisa membuat XRP mengunjungi sekitar $0.80 lagi. Kesimpulannya: beberapa hari ke depan dan aksi harga bulanan yang akan datang kemungkinan akan menjadi krusial. Trader harus memperhatikan level support dan resistance yang terdaftar—bagaimana perilaku harga di sana akan membantu menentukan apakah XRP memulai pemulihan yang berkelanjutan atau meluncur ke retracement yang lebih dalam. Baca lebih banyak berita yang dihasilkan AI di: undefined/news

Senator Elizabeth Warren secara resmi telah meminta jawaban dari Komisi Perdagangan Berjangka Komoditas (CFTC), menuduh lembaga tersebut berpihak pada perusahaan yang memiliki hubungan dengan Presiden Donald Trump dan keluarganya, serta mempertanyakan apakah mereka dapat secara efektif mengawasi pasar prediksi dan crypto di tengah apa yang dia sebut sebagai "korupsi presiden yang belum pernah terjadi sebelumnya." Dalam sebuah surat yang dikirim pada hari Senin kepada Ketua CFTC Michael Selig, Warren menyebutkan laporan New York Times yang menggambarkan regulator tersebut seolah-olah telah "dihancurkan" oleh industri yang mereka awasi. Dia memperingatkan bahwa taruhannya semakin tinggi: pasar prediksi terkemuka Kalshi dan Polymarket bersama-sama diperkirakan bernilai sekitar $60 miliar pada awal 2026, dan estimasi Bernstein — yang dikutip oleh CNBC — memperkirakan bahwa industri yang lebih luas dapat mencapai $1 triliun dalam volume perdagangan pada tahun 2030. Warren berargumen bahwa CFTC semakin tidak siap untuk melindungi investor dan integritas pasar seiring dengan berkembangnya pasar prediksi dan Kongres bergerak untuk melonggarkan pengawasan crypto. Kekhawatiran utama yang diangkat Warren - Penyusutan staf dan penegakan: Tenaga kerja CFTC dilaporkan telah dipotong sekitar 25%, dan tindakan penegakan turun dari 58 pada tahun fiskal 2024 menjadi hanya 11 pada tahun sejak administrasi Trump dimulai, menurut laporan yang dikutip Warren. - Tuduhan perlakuan istimewa: Dia menunjuk pada episode di mana lembaga tersebut diduga mengakomodasi perusahaan yang terhubung dengan lingkaran Trump — termasuk menyetujui permohonan Polymarket setelah investasi dari perusahaan Donald Trump Jr., mempercepat pengembangan cabang Gemini yang didukung oleh proyek Bitcoin Amerika yang terkait dengan Trump, dan menyingkirkan staf yang mempertanyakan hubungan antara Crypto.com dan Trump Media & Technology. - Kemungkinan tekanan politik: Mantan komisaris Brian Quintenz — yang pernah dinyatakan sebagai calon pemimpin CFTC sebelum pencalonan itu ditarik — merilis pesan teks yang menunjukkan Tyler Winklevoss mendesaknya untuk memprioritaskan keluhan Gemini dan menawarkan untuk "mengangkat masalah ini langsung dengan presiden." Quintenz mengatakan bahwa dia menolak; pencalonannya kemudian dicabut dan Selig dinyatakan sebagai penggantinya. Warren juga menyoroti permintaan Selig agar seorang hakim membatalkan denda $5 juta terhadap Gemini; kembar Winklevoss masing-masing mendonasikan $1 juta dalam Bitcoin untuk kampanye pemilihan ulang Trump. Warren menulis bahwa perkembangan ini "adalah tanda-tanda yang mengkhawatirkan dari CFTC yang terikat oleh tekanan politik dan kepentingan orang dalam yang kaya," dan memperingatkan bahwa regulator yang tidak memihak sangat penting untuk pembuatan peraturan yang dapat dipercaya. Suara industri ikut berkomentar - Nic Puckrin, analis makro dan salah satu pendiri Coin Bureau, mengatakan kepada Decrypt bahwa pola ini menciptakan kesan adanya sistem keadilan dua tingkat. Dia mencatat bahwa Departemen Kehakiman mengadili seorang insinyur Google dan seorang tentara AS karena perdagangan dalam pasar prediksi sambil membiarkan keuntungan perdagangan yang lebih besar dari pasar minyak tidak ditangani. - Markus Levin, salah satu pendiri XYO, berargumen kepada Decrypt bahwa jika CFTC akan mewarisi pengawasan crypto yang lebih luas di bawah RUU Clarity yang diusulkan, mereka membutuhkan staf yang fasih dalam teknologi blockchain daripada hanya keahlian derivatif tradisional — jika tidak, pembuatan peraturan akan cacat terlepas dari jumlah staf. Mengapa ini penting sekarang Kongres sedang memajukan RUU Clarity, yang akan mengalihkan pengawasan sebagian besar pasar crypto ke CFTC. Warren mengatakan lembaga tersebut sudah tidak siap untuk peran itu, terutama setelah dilaporkan adanya penurunan staf dan penegakan. Apa yang diminta Warren Warren memberi Ketua Selig tenggat waktu 18 Juni untuk memproduksi berbagai dokumen dan catatan, termasuk: - Rekor lengkap pemisahan staf CFTC sejak Januari 2025 - Rekor administratif di balik surat no-action yang dikeluarkan untuk Polymarket dan Gemini - Semua komunikasi antara perusahaan pasar prediksi dan lembaga terkait dengan RUU Clarity Penyelidikan ini mengikuti penyelidikan yang dipimpin Warren baru-baru ini terkait dengan persetujuan piagam bank yang berhubungan dengan crypto dan upaya bersama dengan Senator Bernie Sanders untuk memblokir crypto dari rencana 401(k). Implikasi Jika tuduhan Warren memicu penyelidikan lebih lanjut atau tindakan korektif, waktunya bisa mempengaruhi bagaimana — dan seberapa cepat — CFTC mengambil alih yuridiksi crypto yang lebih luas. Episode ini juga menunjukkan kecemasan yang lebih luas di industri tentang penangkapan regulasi, pengaruh politik, dan apakah regulator keuangan AS memiliki keahlian dan independensi yang diperlukan untuk mengawasi bisnis aset digital dan pasar prediksi yang berkembang pesat.

Morpho, sebuah protokol pinjaman terdesentralisasi yang memungkinkan siapa saja untuk membuat pasar pinjaman terisolasi, telah menutup putaran pendanaan sebesar $175 juta—menegaskan terus adanya minat investor terhadap infrastruktur DeFi meskipun tahun ini penuh gejolak untuk sektor tersebut. Penggalangan dana ini, yang disebut Morpho sebagai “salah satu putaran pendanaan terbesar untuk platform DeFi,” dipimpin bersama oleh Paradigm dan Andreessen Horowitz (a16z), dengan Ribbit Capital juga berpartisipasi. Investor strategis termasuk Apollo Funds, Circle Ventures, dan VanEck, bersama lebih dari selusin firma lainnya. Rekaman Crunchbase menunjukkan Morpho sebelumnya telah mengumpulkan sekitar $68 juta dalam dua putaran sebelumnya. Mengapa Morpho penting - Skala: Protokol ini mengelola sekitar $11 miliar dalam setoran pengguna dan telah membantu mempopulerkan “brankas pinjaman yang dikurasi”—struktur seperti brankas yang bertindak seperti dana, di mana manajer risiko menetapkan alokasi dan parameter risiko dan modal pengguna secara otomatis diterapkan di pasar yang didukung crypto. - Adopsi: Bursa besar seperti Coinbase dan Binance telah mengintegrasikan Morpho, memungkinkan pelanggan untuk mendapatkan bunga dari stablecoin seperti USDC dan USDT atau meminjam melawan aset seperti Bitcoin dan Ethereum. Coinbase adalah pendukung awal dan menggunakan Morpho untuk memulai kembali produk pinjaman yang didukung Bitcoin tahun lalu. - Ambisi institusional: Raksasa perbankan Prancis Société Générale sudah membangun di atas Morpho, dan timnya mengatakan tujuan jangka panjangnya adalah menjadi “lapisan kredit bersama” yang memungkinkan bank, manajer aset, dan fintech untuk membuat produk pinjaman yang dapat diprogram. “Kami sedang membangun jaringan kredit terbuka untuk dunia, menghubungkan mereka yang memiliki modal berlebih dengan mereka yang membutuhkan pembiayaan, secara global,” kata salah satu pendiri Morpho, Paul Frambot, dalam pengumuman tersebut. Dana baru ini akan digunakan untuk pengembangan infrastruktur dan integrasi komersial dengan mitra strategis. Hambatan keamanan dan risiko pasar Penggalangan dana Morpho datang saat DeFi menghadapi peningkatan keamanan dan ujian tekanan pasar. Tahun ini telah melihat eksploitasi dan krisis yang signifikan, termasuk kekacauan likuiditas Aave yang terkait dengan eksploitasi KelpDAO dan dugaan pencurian $285 juta dari Drift yang diduga dilakukan oleh kelompok peretas yang terkait dengan Korea Utara. Insiden-insiden tersebut telah menjaga perhatian pada risiko kontrak pintar dan ketahanan protokol. Secara operasional, Morpho mengikuti mekanika protokol pinjaman umum: ketika nilai jaminan jatuh di bawah ambang batas pemeliharaan, peminjam dapat dilikuidasi dan pembeli pihak ketiga dapat membeli posisi diskon. Risiko tersebut telah terlihat dalam volatilitas pasar baru-baru ini—platform Coinbase mencatat sekitar 2.900 likuidasi pelanggan selama minggu terakhir di tengah penurunan Bitcoin ke level terendah dalam 19 bulan, menurut dasbor Dune. Coinbase mengatakan mereka memberi tahu pengguna secara rutin—“hingga setiap 30 menit”—ketika pinjaman berada dalam risiko. Garis bawah: Putaran $175 juta ini menunjukkan kepercayaan kuat institusional dalam infrastruktur pinjaman yang dapat disusun meskipun DeFi menghadapi insiden keamanan dan gejolak pasar. Morpho memposisikan dirinya sebagai pembangun produk yield dan kredit yang berorientasi ritel serta lapisan pipa untuk lembaga keuangan yang lebih tradisional yang ingin memanfaatkan pinjaman yang dapat diprogram. Baca lebih lanjut berita yang dihasilkan AI di: undefined/news

A new proof-of-concept malware demonstrates how advances in AI could usher in a more dangerous class of self-spreading cyberattacks — and the implications are worrying for any sector that depends on distributed infrastructure, including crypto exchanges, node operators and custodial services. What the researchers built A multi‑institution team from the University of Toronto, the Vector Institute, the University of Cambridge and ServiceNow created an AI-powered worm that doesn’t rely on a fixed library of exploits. Instead, it uses a large language model as an autonomous agent to: - discover vulnerabilities on a target, - reason about and craft tailored attack paths, - compromise systems and replicate itself, and - adapt its tactics in real time to new targets. “We must prepare for autonomous generative adversaries,” the authors warn. “Malware systems that propagate without human operators and are defined not by fixed exploit code, but by the capacity to reason about targets, adapt to observations, and synthesize attack logic in real time.” How it performed in tests The team tested the worm in an isolated virtual environment with 33 Linux, Windows and IoT systems seeded with common flaws. Over 15 seven‑day runs the worm: - identified an average of 31.3 vulnerabilities per run, - successfully compromised an average of 23.1 hosts, and - spread to roughly 20 machines on average. In some experiments it reached seven generations of self‑replication. Key differences from historical worms Unlike past outbreaks such as ILOVEYOU or WannaCry — which depended on predefined exploits and could be mitigated by patching specific vulnerabilities — this AI worm generates bespoke strategies for each target. It also does not require cloud AI services; models ran locally on compromised hosts, turning infected machines into part of the worm’s compute infrastructure. Critically, the system could also ingest newly published security advisories at runtime, enabling it to exploit vulnerabilities disclosed after the model’s training cutoff. Why this matters for crypto The crypto ecosystem’s reliance on distributed nodes, third‑party services, and hybrid cloud setups could make it a high‑value target. Autonomous agents that adapt to different software stacks and run inference on compromised hosts could attempt to breach exchange servers, validator nodes, or wallet infrastructure, or use infected machines to amplify attacks. Even if direct compromises are not immediate, the behavioral shift — malware that reasons and customizes attacks on the fly — expands the attacker toolkit and complicates detection and containment. Responsible disclosure and next steps The researchers acknowledge the dual‑use risks and intentionally redacted some technical details from their preprint. Their stated goal is to map how far AI‑enabled cyber capabilities have advanced and to spur defensive preparations, not to weaponize the technique. They call for coordinated responses across research, security, industry and policymakers: new evaluation frameworks for agent‑level threats, detection systems tuned to behavioral signatures of autonomous attackers, and regulatory approaches that account for decentralized, open‑weight inference. Bottom line This proof‑of‑concept shows that AI can enable worms that adapt in real time rather than simply replaying prewritten exploits. For crypto businesses and other organizations that depend on distributed, heterogeneous infrastructure, the research is a wake‑up call: patching known bugs won’t be enough on its own — defenders must prepare for adversaries that can learn, reason and evolve on the network. Read more AI-generated news on: undefined/news

StarkWare baru saja meluncurkan kerangka privasi baru untuk token di Starknet yang bertujuan untuk menyeimbangkan kerahasiaan dengan kepatuhan. Standar token STRK20 perusahaan memungkinkan pengguna untuk menyembunyikan saldo on-chain dan jumlah transaksi, sambil mempertahankan alat yang dapat digunakan pihak berwenang untuk audit dan pemeriksaan regulasi. Diumumkan pada hari Selasa, STRK20 mengadaptasi fungsi ERC-20 untuk Starknet dengan saldo dan transaksi “tersembunyi” yang bersifat opsional. StarkWare mengatakan desain ini menyembunyikan rincian keuangan dari buku publik tetapi tetap menjaga mekanisme pengungkapan yang tersedia dalam kondisi terkendali. Co-founder dan CEO Eli Ben-Sasson menekankan bahwa pendekatan ini berbasis risiko, bukan jaminan kepatuhan secara umum—privasi bersifat kondisional dan dipasangkan dengan fitur penyaringan dan pengungkapan. Cara kerjanya: aset disaring sebelum masuk ke kolam yang tersembunyi, dan teknologi kunci tampilan memungkinkan akses terarah ke data transaksi ketika permintaan yang sah atau tuntutan kepatuhan memerlukannya. Tidak seperti koin yang mengutamakan privasi yang berusaha mengaburkan sebagian besar data on-chain, STRK20 secara eksplisit membangun alat akuntabilitas sehingga institusi, bursa, dan regulator dapat melakukan tinjauan yang diperlukan. STRK20 adalah bagian dari tren yang lebih luas. Pada 8 Juni, Sui membuka pengujian publik di Devnet untuk transfer rahasia yang mengenkripsi saldo token dan jumlah transfer sambil membiarkan alamat pengirim/penerima, jenis token, dan cap waktu tetap terlihat di on-chain. Sui mengatakan pihak berwenang dapat mengakses data terenkripsi untuk audit dan kepatuhan, dengan peluncuran Testnet yang direncanakan akhir tahun ini. Kedua upaya ini menunjukkan pergeseran menuju “privasi selektif”—melindungi jumlah sensitif sambil mempertahankan cukup transparansi untuk pengawasan. Gerakan ini sebagian didorong oleh gesekan dunia nyata yang baru-baru ini terjadi. Awal bulan ini, perusahaan privasi blockchain Zama mempercepat peta jalan kepatuhannya setelah sekitar $12,5 juta dalam USDC yang dipegang dalam bungkus rahasianya dibekukan sementara berdasarkan perintah pengadilan; pembatasan itu kemudian dicabut setelah masalah hukum diselesaikan. Zama menyoroti alat pengungkapan dan prosedur koordinasi untuk transaksi terenkripsi dalam tanggapannya. Proyek privasi juga menghadapi risiko teknis. Pengembang di balik Zcash mengungkapkan kerentanan yang bisa saja memungkinkan token palsu; peningkatan jaringan darurat pada awal Juni telah mengatasi cacat tersebut dan tidak ada bukti bahwa itu dieksploitasi. Tim Zcash memperingatkan bahwa membangun kembali aktivitas historis di dalam kolam yang tersembunyi bisa sulit setelah kerentanan terungkap—menekankan trade-off antara kerahasiaan yang kuat dan kemampuan untuk memverifikasi atau memperbaiki masalah. Bersama-sama, standar baru STRK20 dan transfer rahasia Sui menggambarkan bagaimana pengembang blockchain bergerak menuju sistem privasi yang dapat diaudit secara desain. Tantangannya sekarang adalah menemukan keseimbangan yang tepat: memberikan pengguna privasi yang berarti sambil memastikan institusi dan regulator dapat melakukan pemeriksaan yang diperlukan saat diperlukan. Baca lebih banyak berita yang dihasilkan AI di: undefined/news

FIFA has tapped crypto exchange Kraken as the Official Crypto Exchange Supporter for the FIFA World Cup 2026, marking a high-profile push by the crypto industry into football’s biggest stage. The partnership will center on crypto awareness, fan engagement, and product experiences across North America and Europe as the expanded tournament unfolds. What the deal covers - Kraken will roll out fan-first activations and educational programming designed to introduce football audiences to digital-asset products and tools, linking those efforts to match viewing, local football communities, and tournament events. - FIFA says the collaboration will power activations before and during the World Cup, beginning with public programming tied to the FIFA World Cup 2026 Countdown Concert on June 10 and continuing with events across host cities in North America and Europe. - Financial terms of the agreement were not disclosed. Tournament scale and reach - The 2026 World Cup will be played across the United States, Canada and Mexico, spanning 16 host cities, 48 teams and 104 matches over seven weeks. - FIFA expects a cumulative audience of more than six billion viewers across the expanded format, offering sponsors broad global exposure. Why it matters for crypto Kraken — an exchange that has been operating for more than a decade and serves users in over 190 countries — will use the World Cup platform to push education, brand visibility and product access to mainstream sports audiences. The move follows a wider trend of crypto firms partnering with teams, leagues and major events to reach non-trading fans and consumers. Voices from the partnership FIFA Chief Business Officer Romy Gai framed the tie-up as consistent with FIFA’s fan-experience strategy, which uses commercial partnerships to bring new technology and consumer programs to tournaments. Kraken co-CEO Arjun Sethi said football “brings people together across borders, languages and cultures,” adding that financial services should aspire to similar openness through smartphone access. Kraken’s sports footprint The exchange already has sponsorships in European football — including Tottenham Hotspur, Atlético de Madrid and RB Leipzig — and a Formula 1 partnership with Atlassian Williams Racing, placing Kraken in front of football and motorsport audiences ahead of the Cup. What’s next Kraken’s World Cup programming kicks off with the June 10 Countdown Concert and will expand with activations across North America and Europe as tournament preparations ramp up. For crypto firms, the partnership represents another high-profile attempt to convert mass-sport fandom into broader awareness and adoption of digital-asset services. Read more AI-generated news on: undefined/news

Wirex has signed on to Visa’s Agentic Ready programme to help test whether AI “agents” can safely initiate and complete payments using stablecoins — a potential step toward autonomous, agent-driven finance. Under the initiative, Wirex will participate as an issuer alongside Visa and other ecosystem partners to trial agent-initiated payments in real-world settings. The programme is designed to develop payment rails and controls that let software agents act on users’ behalf while preserving security, transparent consent, and customer oversight. Why stablecoins and AI agents? Wirex argues the growing “agentic economy” — which it says is expanding about 44% annually — needs payment infrastructure that can operate continuously without the limits of traditional banking windows. Stablecoins, with 24/7 settlement capability and programmable features, are a natural fit for automating tasks such as subscription management, marketing budget allocation, and procurement workflows. What the trials will test Early tests will examine whether AI-driven agents can execute payments reliably and securely, while maintaining consumer visibility and control over transactions. Use cases called out by Wirex include software-as-a-service subscriptions, marketing spend management and business procurement processes. Existing ties and broader Visa activity Wirex is already a principal Visa member, and the company says the collaboration builds on that relationship to explore agent-enabled workflows — from booking travel to managing recurring payments — without requiring approval at every step, but with users retaining consent and oversight. The move also fits into Visa’s expanding blockchain playbook. Recent projects cited by industry participants include: - A Canton Network proof-of-concept with Brale testing stablecoin settlement (using Brale’s SBC token) in a permissioned, privacy-enabled environment intended for institutional use. - Prior settlement pilots using Circle’s USDC on Ethereum. - Other experiments around stablecoin-funded payments, tokenized asset spending, and crypto rewards. Industry context Wirex CEO and co-founder Pavel Matveev framed the effort as introducing “a trusted model for payments” that lets software delegate financial actions while operating through Visa’s global networks and Wirex’s compliance experience. Visa’s crypto-linked initiatives continue to multiply: examples this month include a Visa card integrating Tether and Fasset that lets users spend tokenized gold and earn rewards in Tether Gold, and an SBI Group Visa card in Japan offering crypto rewards (Bitcoin, Ethereum and XRP) via SBI VC Trade. What to watch The Agentic Ready trials will be watched closely by payments and crypto stakeholders for how they handle authentication, consent, fraud controls and privacy in agent-driven flows — areas that will determine whether autonomous payment agents can win mainstream trust. Read more AI-generated news on: undefined/news

Stellar (XLM) remains under pressure this week, recovering only modestly after last week’s broad market sell-off. Although price action has shown some stability, derivatives positioning and mixed on-chain signals suggest the recent bounce may be corrective rather than the start of a sustained uptrend. Traders appear to be positioning for more downside, keeping the near-term outlook cautious. What the derivatives are saying - CoinGlass data shows growing bearish sentiment in XLM futures: the long-to-short ratio dropped to 0.73 on Tuesday, nearing its lowest level in over a month. A ratio below 1 means shorts outnumber longs, signaling expectations of further declines. - Funding rates have turned negative — XLM’s funding flipped on Monday and slid lower into Tuesday. Negative funding implies shorts are paying longs, another common sign that the market is skewing bearish. On-chain and market activity - CryptoQuant’s summary paints a mixed, slightly negative picture. Activity is elevated across spot and futures venues, with higher retail participation and a buy-side tilt. While increased buying can be constructive, it can also mark an overheated short-term environment that often precedes pullbacks rather than a durable recovery. Technical snapshot and key levels - Price: XLM is trading around $0.195 and remains above its 50-day and 100-day EMAs at $0.182 and $0.179, which supports a neutral to mildly bullish short-term bias. - Resistance: Immediate resistance sits at the 200-day EMA near $0.198; a sustained break above could target $0.226. - Momentum: The RSI is near 45, reflecting balanced conditions, while the MACD has slipped below zero — a sign that bullish momentum is fading and the risk of another downside leg is elevated if buyers don’t reassert control. - Support: Early support is at $0.185 and the 50-day EMA at $0.182. A daily close below these levels would open lower support near $0.179 and $0.143. Bottom line XLM’s setup is fragile: it’s holding critical short-term EMAs but faces growing bearish pressure from derivatives and cooling technical momentum. Traders should watch the 200-day EMA for signs of a recovery and keep an eye on funding rates and the long-to-short ratio for additional clues about market conviction. Until positioning and momentum shift decisively, downside risk remains the more probable path. Read more AI-generated news on: undefined/news