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Illustration of CoinEx denying crypto transactions with sanctioned Iranian entities, showing blockchain flows and denial stamps.
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CoinEx denies knowledge of $3.84 billion flows to sanctioned Iranian entities

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Blockchain analytics firm TRM Labs reported that CoinEx facilitated more than $3.84 billion in crypto transactions with over 60 sanctioned Iranian platforms over seven years. CoinEx rejected the claims and stated it has begun exiting Iran-related business.

Coinbase-backed Ethereum layer-2 network Base resumed block production on Thursday after a roughly two-hour outage. The disruption halted transaction processing on one of Ethereum's largest layer-2 networks.

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Strategy Inc.’s perpetual preferred stock STRC has seen its 90-day correlation with Bitcoin rise to nearly 0.70, the highest level since the instrument debuted in July 2025. The stock has fallen sharply alongside Bitcoin in recent weeks.

Kalshi filed a lawsuit against Illinois officials on Tuesday, challenging a new state tax on sports-related prediction markets. The suit was brought in the US District Court for the Northern District of Illinois. It alleges that state officials have overstepped federal regulatory authority.

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Standard Chartered analyst Geoff Kendrick has initiated coverage of the Aave token with a forecast of $3,500 by the end of 2030. The target implies a roughly 50-fold increase from current levels near $70.

The Ethereum Foundation has eliminated 54 positions, representing about 20 percent of its staff, as part of a restructuring announced Tuesday.

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President Donald Trump signed two executive orders on June 22 directing federal agencies to accelerate development of advanced quantum computers while requiring migration to post-quantum cryptography by 2030 and 2031.

 

 

 

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