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CFTC unveils June 10, 2026 draft rule to define which prediction contracts are allowed
On June 10, 2026, the U.S. Commodity Futures Trading Commission released its first proposed framework for prediction markets, outlining how it would judge whether event contracts serve the public interest or violate federal law. The draft uses a three-step review and a flexible balancing test, and would open a 45-day public comment period after finalization, taking effect 60 days after adoption.
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Travala Unveils Agentic AI Travel Protocol with 2.2M Hotels and 10% cbBTC Developer Rebate
Travala said it has launched an end-to-end agentic AI travel protocol that lets autonomous agents search, book, and pay for access to more than 2.2 million hotels, with user approval required at payment. The company is offering developers a 10% cbBTC rebate for bookings executed through AI agents integrated via the Travala Travel MCP. The stack uses Base and the x402 payments standard, aiming to enable gasless USDC payments with roughly $0.01 per booking.
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Strive CEO Matt Cole and Binance's CZ defend Bitcoin as BTC trades near $62,600
Matt Cole of Strive and former Binance CEO Changpeng Zhao (CZ) pushed back against claims that Bitcoin is "dead" on Monday, with BTC trading around $62,600 and still roughly 50% below its October 2025 high above $126,000. Strive said it added 32 BTC for about $2.1 million at an average of roughly $63,911 per coin, while a Bernstein note tied weaker crypto flows to capital rotating into AI.
BTC
BTC-0.24%
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Morpho raises $175M at up to $2B valuation to build "open credit network"
On June 8, 2026, decentralized lending protocol Morpho raised $175 million in a funding round co-led by Paradigm, a16z crypto, and Ribbit Capital, pushing its valuation up to $2 billion. The raise comes as Morpho’s TVL has climbed to nearly $6.5 billion across 37 chains versus Aave’s $12 billion, and the project says it will deploy the capital to expand its "open credit network" infrastructure.
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Asterix, a Flooring Protocol fork, hit by $40,000 exploit after June 8 attack
Asterix, a fork of the NFT liquidity platform Flooring Protocol, confirmed an exploit that drained about $40,000 and said the $ASTX token contract was hit around 4 a.m. GMT+8. The incident followed the June 8 Flooring Protocol exploit, where losses initially topped $900,000 before white hats recovered roughly $500,000 in NFTs. The back-to-back attacks underscore how unpatched flaws can propagate through forked codebases.
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ZachXBT calls UK HTX sanctions "overreach" after May 26, 2026 designation
Blockchain investigator ZachXBT said the UK's sanctions tied to HTX are excessive, arguing that compliance "address tainting" is spilling over to regular users whose wallets once interacted with the exchange. After the UK designated Huobi Global S.A. on May 26, 2026, some users reported frozen funds and extra checks at other platforms, while HTX later delisted WLFI's USD1 on June 7 and converted balances to USDT at a 1:1 ratio.
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Open letter dated June 7 urges Senate vote on the CLARITY Act before Aug. 10 recess
An open letter dated June 7 from a coalition of more than 200 crypto firms and advocacy groups asked Senate leaders to schedule a floor vote on the CLARITY Act ahead of the Aug. 10 recess. The bill would clarify how the SEC and CFTC oversee digital asset markets and set registration paths and protections for software developers, while some banking voices and academics argue it could raise financial-system risks.
BTC
BTC-0.24%
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Sam Bankman-Fried files White House clemency bid as Trump reiterates no pardon plan
Sam Bankman-Fried has submitted a formal clemency application to the White House through the Justice Department's Office of the Pardon Attorney, after months of public outreach from prison. Trump said in January 2026 he would not pardon the former FTX CEO, and the White House reiterated on June 8, 2026 that it has no plans to grant clemency. Separately, his conviction appeal remains pending, while Polymarket markets put his chance of leaving custody by end-2026 at 6% on about $383,000 in volume.
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