The post AscendEX Shuts Down as User Balance Payouts Remain Uncertain appeared on BitcoinEthereumNews.com.
AscendEX shut down after MiCA pressure, weak liquidity, and failed funding left operations unsustainable. Users face delayed manual withdrawals, with the exchange unable to guarantee full balance recovery. ZachXBT had flagged nearly empty hot wallets before the shutdown, including ETH, USDT, USDC, and SOL. The closure revives custody concerns after AscendEX’s 2021 breach, which caused about $78M in losses. AscendEX has shut down after regulatory, financial, and operational pressures pushed the crypto exchange into a controlled offboarding process. The platform ceased operations on July 1, then published a notice on July 6 explaining the decision. JUST IN: ASCENDEX SHUTS DOWN AND USERS MAY NOT GET FULL BALANCES BACK Crypto exchange AscendEX has ceased operations on July 1, citing MiCA, regulatory, financial and operational pressure. The company’s statement indicated that current li
The post Wisconsin Prosecutors Charge Circle Over Refusal to Seize Stolen USDC appeared on BitcoinEthereumNews.com.
Circle faces Wisconsin legal pressure over a warrant tied to a stolen USDC recovery case. Wisconsin prosecutors say crypto scams are straining law enforcement recovery tools. Singapore police used exchanges and blockchain tools to stop over $2.9M in scam losses. Circle is facing legal pressure in Wisconsin after prosecutors accused the crypto firm of refusing to follow a warrant tied to stolen USDC. The dispute comes as authorities report rising difficulty recovering funds moved through cryptocurrency scams. According to a report, authorities in two states said Circle had not followed court orders aimed at returning stolen assets. The Wisconsin case has drawn attention because prosecutors filed a criminal complaint against the company. The complaint includes one misdemeanor count. Karen Greenway, a former FBI agent and financial crime expert, said such a charge against
The post Brazil’s B3 exchange introduces options on BTC, ETH, SOL futures appeared on BitcoinEthereumNews.com.
Brazil’s B3 stock exchange has unveiled options on bitcoin BTC$62,673.42, ether (ETH) and solana (SOL) futures, expanding its regulated crypto derivatives offerings. The contracts bec+ame available for trading on July 6, according to a B3 circular. They include call and put options on bitcoin futures denominated in Brazilian reais, while ether and solana futures are denominated in U.S. dollars. The options settle into the underlying futures contracts, not the tokens themselves. B3 said the products do not involve custody, transfer or administration of spot cryptoassets. The contracts trade independently from 9 a.m. to 6:30 p.m. local time, according to B3’s derivatives trading schedule. Exercise is automatic at expiration when the option finishes in the money, unless the holder blocks exercise. The offering gives traders and asset managers a local venue to hedge crypto exposur
The post Solana FUD Hits 2026 Peak As Trading Volume Dries Up, But History Suggests A Bullish Twist appeared on BitcoinEthereumNews.com.
Sentiment extremes are noisy, but when a top-ten asset’s negative crowd chatter hits a yearly high at the exact moment trading activity grinds to a low, it becomes a signal worth unpacking. That is where Solana finds itself. According to a Santiment update on July 9, SOL’s negative commentary reached its most intense day of 2026, while trading volume fell to its weakest level of the year. The frustration is not directionless. Solana has been at the center of strong narratives around tokenized stocks and real-world asset activity, yet price has not given traders the return they expect. The combination of peak FUD and thin volume often creates a fragile market structure. When retail traders have largely stepped back and sentiment is overwhelmingly bearish, the residual liquidity can make price more sensitive to even modest demand. Sharp moves can emerge
The post Alfa-Bank Prepares Digital Depository Infrastructure for Regulated Crypto Services appeared on BitcoinEthereumNews.com.
Key Highlights Alfa-Bank develops digital depository infrastructure as foundation for crypto services. Pilot cryptocurrency trading program launched for qualified institutional investors. Testing phase covers Bitcoin, Ether, Solana, Litecoin, USDT, USDC, and Zcash. Mass-market crypto offerings expected following regulatory approval in Russia. Major competitors Sberbank and T-Bank simultaneously develop similar platforms. Russia’s Alfa-Bank has advanced its cryptocurrency ambitions by establishing plans for a comprehensive digital depository system. The institution has simultaneously initiated controlled cryptocurrency trading pilots via its Alfa-Investments brokerage platform. These developments emerge as Russia’s government finalizes comprehensive regulations governing digital asset operations. Digital Depository Framework Forms Foundation of Crypto Strategy
The post Revolut Keeps USDT Outside EEA and Switzerland appeared on BitcoinEthereumNews.com.
Revolut, a crypto-friendly digital banking platform, said its Tether USDt (USDT) delisting will not affect all customers globally. The delisting will affect Revolut customers in the European Economic Area (EEA) and Switzerland, while support for the stablecoin will continue in other markets, a spokesperson for the company told Cointelegraph. Revolut said the decision followed a review of its crypto services and risk considerations under the European Union’s Markets in Crypto-Assets Regulation (MiCA). “Revolut is discontinuing support for USDT for customers in the EEA following a periodic review of our cryptocurrency offering in light of the evolving EU regulatory framework under MiCA,” the spokesperson said. Revolut’s decision reflects a broader trend across the EU, where crypto platforms have continued to phase out USDT after Tether, the issuer of the $184 billion stablecoin, chose not to seek
The case could redefine stablecoin issuer responsibilities, impacting regulatory frameworks and court authority over digital asset recovery.
The post Circle faces criminal complaint in Wisconsin over USDC recovery refusal appeared first on Crypto Briefing.
Robinhood Chain's rapid adoption highlights a shift towards DeFi and tokenized assets, potentially reshaping traditional finance engagement.
The post Robinhood Chain sees ETH surge 5x as stablecoins climb to $260M appeared first on Crypto Briefing.
