Latest from Sheldon Reback
Zcash, Hyperliquid tokens lead losses as traders bet against a bitcoin bounce
Crypto markets are under pressure ahead of key U.S. inflation data due later Wednesday.

Japan's three largest banks aim for joint stablecoin issue by March
MUFG, SMBC and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins.

XRP market shows signs of capitulation as holders sell at loss
XRP holders are capitulating, according to data tracked by Glassnode. That suggests a bottom may be near.

UK financial regulator moves to allow mutual funds 10% exposure to crypto ETNs
The Financial Conduct Authority proposed allowing some investment schemes to add exposure to crypto exchange-traded notes.

Trad.Fi, W3 target $650 million in onchain private credit using AI evaluation
Equipment-financing lender Trad.Fi is working with W3 to automate capital workflows and bring real-economy business lending onto public blockchain rails.

A16z, Paradigm lead $175 million bet to move global credit markets onchain
Morpho secured $175 million from Paradigm, a16z crypto and Ribbit as the lending protocol seeks to become foundational infrastructure for onchain credit markets.

Humanity's $36 million exploit tied to compromised laptop hosting a 'multisig' wallet
The compromised laptop held enough multisig keys to take over the project's bridges on two chains, a basic security failure for a startup backed by Pantera and Jump Crypto.

Bitcoin's bounce isn't a bullish revival, with anything from $68,000 to $80,000 seen as a marker
Your day-ahead look for June 9, 2026

Strategy's bitcoin purchase fails to stir BTC price
Bitcoin is little changed despite a new purchase by Strategy as risk-averse investors await U.S. inflation data and next week’s Fed meeting.

Circle debuts cirBTC on Ethereum to challenge Coinbase in the wrapped bitcoin market
Circle unveiled cirBTC, a token backed 1:1 by the world's largest cryptocurrency, to allow traders to use their bitcoin wealth in DeFi protocols.

