Latest from Sheldon Reback
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.

USDT's flashing a golden cross and that may be bad news for bitcoin
USDT's dominance rate has flashed a golden crossover in a sign of caution for the broader crypto market.

Coinbase and Cardless unveil credit card backed by stablecoins
The stablecoin-secured card is for situations where a credit card cannot be approved on an unsecured basis.

Crypto's recovery remains elusive as SpaceX, Anthropic IPOs loom
Your day-ahead look for June 8, 2026

