Cryptocurrency Markets and On-Chain Ecosystem Developments

Enso announced Tuesday the launch of its real-world assets app and partnerships with xStocks, Ondo Finance, and Anchorage Digital's Porto platform. The launch aims to tackle fragmented distribution in the tokenization industry by aggregating more than 500 tokenized assets into a single execution fra

ENSO-1.20%

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PORTO-0.02%

DanielCarter·06-23 22:48

Enso Launches RWA App Connecting 500+ Tokenized Assets via xStocks and Ondo

Enso Launches RWA App, Connects 500+ Tokenized Assets Through xStocks and Ondo on Tuesday

Project Progress

According to a media statement, Enso announced Tuesday the launch of its real-world assets (RWA) app, aggregating access to over 500 tokenized assets including stocks, ETFs, treasuries, commodities, and stablecoins through a unified execution layer. The platform integrates with xStocks, Ondo

ENSO-1.20%

RWA-2.62%

ONDO2.45%

PORTO-0.02%

GateNews·06-23 22:46

Enso Launches RWA App, Connects 500+ Tokenized Assets Through xStocks and Ondo on Tuesday

Ethereum Foundation Cuts 20% of Staff, 54 Positions Eliminated Amid Leadership Reshuffles

Project Progress

According to Coindesk, the Ethereum Foundation cut roughly 20% of its workforce on Tuesday, eliminating 54 positions as part of an internal restructuring tied to updated mandate and treasury strategy. The Foundation reorganized operations into five work clusters focused on critical development

ETH0.35%

GateNews·06-23 22:31

Ethereum Foundation Cuts 20% of Staff, 54 Positions Eliminated Amid Leadership Reshuffles

Senate Democrats Urge Hearings on Trump Family Crypto Ties to Abu Dhabi Royalty

Senate Democrats sent a letter Tuesday urging Republican leadership to hold hearings on reported ties between President Donald Trump's family crypto venture and Abu Dhabi royalty. The letter, signed by Sens. Elizabeth Warren, Gary Peters, Ron Wyden, Richard Durbin, and Richard Blumenthal, cited

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EthanBrooks·06-23 22:27

Senate Democrats Urge Hearings on Trump Family Crypto Ties to Abu Dhabi Royalty

Senate Democrats Urge Hearings on Trump Family's $500M Abu Dhabi Crypto Investment on Tuesday

Geopolitics

According to The Block, on Tuesday Senate Democrats urged Republican leadership to immediately hold hearings on reported ties between President Donald Trump's family crypto venture and Abu Dhabi royalty. Earlier this year, the Wall Street Journal reported that an Abu Dhabi investment vehicle

TRUMP-1.88%

WLFI-1.47%

GateNews·06-23 22:26

Senate Democrats Urge Hearings on Trump Family's $500M Abu Dhabi Crypto Investment on Tuesday

Fake Crypto Influencer Sentenced to 15 Months for $1.4M Staking Fraud

Noman Saleem, a 39-year-old New York man, was sentenced to 15 months in prison on Tuesday by U.S. District Judge Deborah K. Chasanow for defrauding cryptocurrency investors of more than $1.4 million. Saleem pleaded guilty in September 2025 to wire fraud charges after impersonating crypto

EthanBrooks·06-23 22:23

Fake Crypto Influencer Sentenced to 15 Months for $1.4M Staking Fraud

Crypto Impersonation Scam: NY Man Sentenced to 15 Months for $1.4M Fraud

According to ChainCatcher, Noman Saleem, a 39-year-old New York man, pleaded guilty in September 2025 to wire fraud for impersonating crypto influencers on Telegram and defrauding investors of more than $1.4 million. Saleem created multiple fraudulent Telegram accounts impersonating prominent crypto

GateNews·06-23 22:06

Crypto Impersonation Scam: NY Man Sentenced to 15 Months for $1.4M Fraud

Bitcoin Falls Below $63,000 Amid Sixth Consecutive Week of ETF Outflows and $10.6B Options Expiry

According to ChainCatcher, Bitcoin fell below $63,000 on Tuesday amid the sixth consecutive week of spot ETF outflows, hawkish shifts in U.S. monetary policy, and mounting quarterly options expiration pressure. Ethereum dropped below $1,700 on the same day, with both BTC and ETH declining

BTC0.22%

ETH0.35%

GateNews·06-23 22:05

Bitcoin Falls Below $63,000 Amid Sixth Consecutive Week of ETF Outflows and $10.6B Options Expiry

U.S. Senate Republicans Drafting Cryptocurrency Tax Bill, Expected in Fall

According to Steve Daines, U.S. Senate Republicans are drafting their own version of cryptocurrency tax legislation, expected to be unveiled in the fall. The Republican plan will be disclosed "as soon as possible," according to the Senate

GateNews·06-23 21:58

U.S. Senate Republicans Drafting Cryptocurrency Tax Bill, Expected in Fall

Binance Receives $194M USDT Net Inflows in 24 Hours

On-Chain Data

Capital Flow

According to Coinglass data, Binance received net inflows of 194 million USDT in the past 24 hours.

GateNews·06-23 21:41

Binance Receives $194M USDT Net Inflows in 24 Hours

Ethereum Reaches 13.2M Monthly Users as Tokenized Assets Hit $203.4B

On-Chain Data

Industry Reports

Ethereum reached 13.2 million monthly active users in Q1 2026, up 53.5% from the prior quarter and 85.9% year over year, according to a report published by Token Terminal. Layer-1 transaction fees fell to $39.9 million, down 47.9% from the previous quarter and 81.9% year over year, while transaction

EthanBrooks·06-23 21:39

Ethereum Reaches 13.2M Monthly Users as Tokenized Assets Hit $203.4B

Ethereum Monthly Users Hit 13.2M in Q1 2026, Up 86% Year-over-Year as Tokenized Assets Reach $203B

Industry Reports

On-Chain Data

According to Token Terminal's Q1 2026 report, Ethereum monthly active users averaged 13.2 million, up 85.9% year over year and 53.5% from the prior quarter. Transactions reached 200.4 million, while throughput rose to 25.78 transactions per second. Tokenized assets on Ethereum averaged $203.4

ETH0.35%

USDC0.01%

GateNews·06-23 21:37

Ethereum Monthly Users Hit 13.2M in Q1 2026, Up 86% Year-over-Year as Tokenized Assets Reach $203B

82 Catholic Leaders Oppose Clarity Act's BRCA Provision on Human Trafficking Concerns

According to Punchbowl News, 82 Catholic leaders sent a letter to Senate leaders on Tuesday opposing the Blockchain Regulatory Certainty Act (BRCA) section of the Clarity Act, warning it could enable human trafficking and money laundering financing. The religious leaders, coordinated by the

GateNews·06-23 21:16

82 Catholic Leaders Oppose Clarity Act's BRCA Provision on Human Trafficking Concerns

Chainlink Launches Project Pangea With 37 European Banks for Real-Time FX Settlement

Chainlink launched Project Pangea, a multi-institutional initiative uniting Fairsquarelab, UniKA consortium, and Qivalis to develop a real-time foreign exchange settlement framework. The initiative brings together

LINK0.88%

ETH0.35%

EthanBrooks·06-23 20:59

Chainlink Launches Project Pangea With 37 European Banks for Real-Time FX Settlement

Chainlink and 37 European Banks, 10+ Korean Lenders Launch Project Pangea to Enable Real-Time $9.6T FX Settlement

Forex

According to press releases from Chainlink Labs and participating banking consortia, Project Pangea was recently announced to modernize foreign exchange settlement infrastructure. The initiative unites Chainlink, Fairsquarelab, UniKA (Unified Korea Alliance) representing 10+ Korean commercial

LINK0.88%

PVP1.81%

L1-4.87%

GateNews·06-23 20:57

Chainlink and 37 European Banks, 10+ Korean Lenders Launch Project Pangea to Enable Real-Time $9.6T FX Settlement

Revolut Targets South Africa Launch by 2028 With 100,000 Waitlist

Revolut has set a target to launch in South Africa by 2028 after submitting a licence application to the South African Reserve Bank in September. The fintech company's waitlist is nearing 100,000 registrations before any official product rollout, according to statements from Jacques Meyer, who

EthanBrooks·06-23 20:52

Revolut Targets South Africa Launch by 2028 With 100,000 Waitlist

Opera's MiniPay Launches Visa Debit Card for 16 Million Users to Spend Stablecoins

Opera's MiniPay launched a Visa debit card on June 23, enabling its 16 million users to spend stablecoins through Visa's network as adoption of digital dollars grows across emerging markets.

GateNews·06-23 20:49

Opera's MiniPay Launches Visa Debit Card for 16 Million Users to Spend Stablecoins

Fortitude Mining and HeartSciences Announce Merger, Stock Rises 55%

Stocks

Fortitude Mining, a Zcash miner owned by Digital Currency Group, and HeartSciences Inc., a small-cap medical technology company trading on the Nasdaq, announced Tuesday they have entered into a definitive merger agreement. Fortitude CEO Andrea Childs said the business combination aims to provide

ZEC-2.15%

BTC0.22%

LucasBennett·06-23 20:45

Fortitude Mining and HeartSciences Announce Merger, Stock Rises 55%

CFTC Sues Kentucky Over Prediction Market Jurisdiction Dispute