Crypto Markets & On-Chain Ecosystem Developments

Thailand's Department of Special Investigation (DSI) expanded an investigation into illegal cryptocurrency mining networks allegedly run by Chinese financiers that laundered more than $300 million annually through illicit cash operations, following a series of raids in 2025 that seized 6,390 crypto-

According to the Department of Special Investigation (DSI), Thai authorities have seized 6,390 cryptocurrency mining rigs following a 2025 investigation into illegal networks that stole nearly $29 million from the Provincial Electricity Authority (PEA). The transnational operation, allegedly run

According to CoinDesk, Strategy (formerly MicroStrategy) raised $335.5 million on June 22 through a common share sale. The company used approximately $35 million of the proceeds to purchase 520 bitcoin at an average price of $67,068 per coin, while adding roughly $300 million to its cash reserves. T

On June 22, Bitmine purchased 52,203 ETH worth approximately $90 million, bringing its total holdings to 4.7% of Ethereum's circulating supply, according to the company's official update. The acquisition moves Bitmine to 94% of its stated goal to control 5% of all ETH. To fund ongoing

Allunity launched SEKAU, a Swedish krona-backed stablecoin designed for institutional settlement and cross-border payments. The digital asset company said SEKAU will operate as an e-money token under the European Union's Markets in Crypto-Assets (MiCA) Regulation, backed 1:1 by segregated Swedish kr

According to Bitcoin.com, Allunity launched SEKAU, a Swedish krona-backed stablecoin regulated as an e-money token under the EU's Markets in Crypto-Assets (MiCA) Regulation. The token is backed 1:1 by segregated SEK reserves, making it the first fully reserved SEK-denominated stablecoin aligned

According to Odaily, five former Ethereum Foundation senior researchers recently launched Ethlabs, a nonprofit organization aimed at advancing Ethereum's next phase of growth and institutional adoption. The organization secured backing from Ethereum co-founder Joe Lubin and two major ETH treasury co

Within the UTC time window from 22:15 to 22:30 on June 22, 2026, the BTC price saw a short-term pullback of -0.44%. The price fell from around the $64,200 level to about $63,900, with a swing of 0.63%. This move occurred after BTC failed in its attempt to break through $65,000, and market sentiment noticeably cooled, with short-term volatility increasing. The main driver behind this pullback is that institutional capital continues to withdraw. In June, US spot Bitcoin ETFs recorded net outflows

Between 22:15 and 22:30 UTC on June 22, 2026, ETH fell 0.66% within 15 minutes, dropping from 1,733.96 USDT to 1,718.09 USDT, with a 0.92% range. This move occurred during the window transitioning from the Asian trading session to the Europe/US session, where relatively thin liquidity amplified price swings. The main driver of this abnormal move is deleveraging in the futures market. According to data, Ether futures open interest declined from about $15 billion one month ago to $10.3 billion, a

Gate News bot message, Gate market data shows that BTC has fallen below 64,000 USDT, with the current price at 63,936.6 USDT.

Toss Bank, South Korea's third-largest internet-only bank, signed a memorandum of understanding with the Solana Foundation on June 19 in Seoul to test cross-border remittances using stablecoin technology. The partnership aims to provide faster and cheaper overseas transfers for the bank's

According to Bitcoin.com News, Toss Bank, South Korea's third-largest internet-only bank, signed a memorandum of understanding with the Solana Foundation on June 19 to test stablecoin-powered cross-border remittances. The proof of concept aims to enable faster and cheaper transfers for the bank's ro

Two Texas brothers pleaded guilty in a federal case involving the armed kidnapping of a Minnesota family and the theft of $8 million in cryptocurrency, according to the U.S. Department of Justice. Federal prosecutors said the defendants held victims at gunpoint and forced a cryptocurrency

According to Coinglass data, Binance experienced net inflows of 170 million USDT over the past 24 hours.

According to Grayscale Investments' June 22 research note, bitcoin could narrow its performance gap with equities if the Federal Reserve refrains from raising interest rates. The Federal Reserve voted unanimously on June 17 to keep the federal funds rate at 3.5% to 3.75%. Since late February, U.S. e

MoonPay has acquired Entendre, an AI accounting startup that automates back-office operations for crypto and fintech companies. The platform handles reconciliations, treasury management, month-end closing, and journal entries across wallets, tokens, and blockchain chains. MoonPay CEO Ivan

According to Walter Bloomberg, the U.S. Treasury Department today issued a general license authorizing the production, delivery, and sale of Iranian crude oil, petrochemicals, and petroleum products until August 21. The license represents a temporary suspension of related sanctions and does not

Strategy's STRC preferred stock faced comparisons to Terra Luna's collapsed stablecoin after falling to record lows last week, but Benchmark-StoneX analyst Mark Palmer dismissed the parallel as fundamentally misguided in a Monday note. STRC dropped as low as $82.53 last week before recovering to

According to Benchmark-StoneX analyst Mark Palmer, Strategy's preferred stock STRC fell as low as $82.53 last week but recovered to $88.65 on Monday, trading 11.3% below its $100 par value. Palmer dismissed comparisons between STRC and Terra's collapsed ecosystem, arguing that STRC is not a

Franklin Templeton closed its acquisition of 250 Digital today (June 22) and launched a dedicated cryptocurrency division. The move reflects surging demand for tokenized assets, with the firm's onchain product suite growing from approximately $768 million to over $2.5 billion within the past