Markets

The FSB said at least 20 individuals were arrested in connection with a ring that scammed an undetermined number of Russian citizens. …

An industry-wide reckoning is weeding out unsustainable startups, leaving behind only the protocols with real cash flow and actual users. www.coindesk.com

The crypto industry is angry and disappointed that the Senate is not holding a procedural vote on the Clarity Act this month, …

Bitcoin ETFs recorded $853.54 million in net inflows last week, the strongest since mid-April, with BlackRock’s IBIT taking the bulk. www.coindesk.com

Revenue has fallen four quarters running while open interest hit a record high. The gap is a fee-sharing program that hands half …

The exchange has secured a preliminary injunction freezing stolen assets. www.coindesk.com

Mateen purchased more than 306,000 shares across two days following the company’s quarterly earnings, lifting his stake to more than 492,000 shares. …

The breakaway chain inherited bitcoin’s mining difficulty with only a tiny share of hashpower, leaving blocks hours apart while both chains still …

The $1.9 trillion asset manager says excluding established memecoins on principle would undermine its active approach to crypto investing. www.coindesk.com

The rule applies to transfers above $10,000 and smaller transactions flagged as risky by exchanges. www.coindesk.com