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The U.S. Department of the Treasury’s Office of Foreign Assets Control designated Nobitex, Iran’s largest digital asset exchange, and three other Iranian crypto platforms on Tuesday, marking the Trump administration’s sharpest blow yet to Tehran’s digital financial infrastructure. Nobitex processed more than 50% of all Iranian digital asset inflows in 2025, according to OFAC, and has served as a conduit for payments tied to Iran’s Islamic Revolutionary Guard Corps, ransomware operations, and attempts to shield regime wealth during internet blackouts that followed U.S. combat operations in Iran, according to the Treasury release. Treasury Secretary Scott Bessent, in announcing the action,…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Given the prolonged waning price action, the Bitcoin network is starting to feel this bearish pressure, leading to a sharp decline in activity across the network. After a period of downward performance, the level of activity and participation within the network has significantly dropped below levels seen in previous bull market cycles. How Bitcoin’s Network Usage Has Evolved Since 2021 While the Bitcoin price has been experiencing persistent downside action, its network performance is also exhibiting a notable decline. Currently, the network is telling a very different…

In brief President Donald Trump signed an executive order aimed at strengthening U.S. cybersecurity with advanced AI tools. The order establishes a voluntary framework for identifying and reviewing powerful AI models before broader release. The move comes weeks after Trump delayed a similar proposal, saying parts of it could weaken America’s AI lead over China. President Donald Trump on Tuesday signed an executive order aimed at strengthening U.S. cybersecurity with advanced artificial intelligence while expanding cooperation between federal agencies and leading AI companies.The order, titled “Promoting Advanced Artificial Intelligence Innovation and Security,” directs agencies to accelerate the use of AI-powered…

In brief Traders have become bearish on Bitcoin, now favoring the next stop being $55,000 instead of $84,000. The flip comes as Bitcoin continues to slide following Strategy’s BTC sale and surging ETF outflows. Bitcoin is now trading below $68,000—its lowest price in nearly two months. Bitcoin traders are losing faith in the top crypto asset’s ability to jump higher in the near-term. Prediction market users on Myriad—the prediction market platform operated by Decrypt’s parent company, Dastan—now predict a 53% chance that Bitcoin drops to $55,000 rather than rising back towards $84,000. On Monday, users penciled in a 62% chance of the…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Solana Foundation is moving to back teams building fully onchain perpetual futures, setting up a clear challenge to the market structure that has powered Hyperliquid’s rapid rise. The initiative targets one of crypto’s most lucrative trading segments: perps, where volume still sits largely on centralized exchanges or hybrid venues. Solana Vs. Hyperliquid The Foundation framed the push as a bid to move derivatives execution more fully onto Solana, without relying on the offchain components that still underpin much of the sector. “Perpetuals are one of the most…

Mt. Gox has moved 10,422 bitcoin worth about $739 million, marking its largest transfer in months as the deadline for creditor repayments approaches in October 2026. Blockchain data from Arkham Intelligence shows the transfer took place in Bitcoin block 952,072 at 04:47 UTC on June 2. Of the total, 10,306 BTC was sent to a new address with no prior transaction history, while 116 BTC was routed to a known Mt. Gox hot wallet.  A later transaction moved another 116 BTC to a separate address, along with a small test transfer to a Bitstamp cold wallet. The structure of the…

In brief Bitcoin fell below the psychological $70,000 mark for the first time in eight weeks, triggering $980 million in market liquidations since Monday. Defying the broader risk-off trend, NEAR, ICP and Worldcoin posted overnight gains, while Hyperliquid dipped slightly from record highs. Analysts attribute the divergence to capital rotating out of legacy ETFs and concentrating in assets with clear AI narratives or real cash-flow structures. The crypto trend remains firmly in risk-off territory as Bitcoin slipped below $70,000 for the first time in eight weeks, but a few altcoins have defied this slump and notched double-digit gains.NEAR Protocol is up…

In brief Florida filed a lawsuit against OpenAI and CEO Sam Altman, alleging the company misled consumers about ChatGPT’s safety and risks. The state claims ChatGPT contributes to self-harm, violence, addiction, and other harms, particularly among children and teenagers. Florida is seeking damages, court-ordered changes to the platform, and personal liability against Altman. Florida Attorney General James Uthmeier on Monday filed what the state describes as “the first-in-the-nation state-led lawsuit” against OpenAI and CEO Sam Altman, accusing the company of misleading consumers about ChatGPT’s safety while exposing children to harm.The lawsuit marks one of the most aggressive actions against a…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure MoneyGram, one of the world’s largest cross-border payments networks, announced on June 2 the launch of MGUSD — a native US dollar stablecoin bearing the company’s own brand and designed to serve as the foundational layer for a growing suite of financial services across its global remittance network, per the company’s official press release. The move marks a decisive shift in MoneyGram’s stablecoin strategy. Until now the Dallas-based company had built its digital dollar services on third-party infrastructure — primarily Circle’s USDC, deployed through its Stellar Development…

In brief Top holders of the Trump meme coin will get perks through a new “Trump Coin Club,” starting with a World Cup finals VIP trip. The club’s organizer, Bill Zanker, said similar exclusive events will take place at least quarterly. Despite the coin’s price decline, Zanker argued it remains unique due to its association with the president. Weeks after hosting a splashy event at Mar-a-Lago, the organizers behind President Donald Trump’s meme coin are back with a long-term plan for the token’s top holders.Bill Zanker, a longtime Trump associate, has been at the center of the president’s meme coin…