US government argues Coinbase user James Harper has no right to block IRS access to his crypto records in Supreme Court filing.

Government urges court to reject Coinbase user’s crypto records fight

On Friday, the estate managing the collapsed crypto exchange FTX announced 
that its recovery trust had begun disbursing over $5 billion tied to both 
convenience and non-convenience class claims. As distributions roll out over 
the following three days, Coinbase Institutional observed in its weekly 
briefing that this injection of capital could invigorate liquidity across 
crypto […]

$5B in FTX Funds Are Hitting Wallets—Will Crypto Markets Get a Second Wind?

Representatives for The Open Network (TON) said the outage was caused by an 
error in the masterchain dispatch queue and was resolved.

TON blockchain network back online after brief outage

Bitcoin’s rise above $105,000 could improve sentiment, triggering a rally in 
ETH, HYPE, TAO, and QNT.

Bitcoin could consolidate, but ETH, HYPE, TAO and QNT may resume their up move

Quant rallied in May as demand for coins in the real-world asset tokenizing 
industry rose. It also jumped as the supply of tokens on exchanges fell.

Quant rallies as tokenized reality catches up to the hype

Legal actions against the Libra meme coin, which was shared by Argentina&#8217;s 
President Javier Milei, continue to progress. This week, Circle froze two 
addresses containing over $57 million in funds, while authorities investigate 
the involvement of individuals allegedly linked to the meme coin. Libra Probes 
Advance: Circle Freezes $57 Million, Argentina Scrutinizes Communications The 
investigations […]