Cointime

Download App
iOS & Android

Cointime News Wrapup-Afternoon: CEX Trading Volumes Decline in April After Months of Growth

Cointime Official

To smooth and facilitate the reading experience for all users, we hereby compose this wrapup, especially for users who cannot check out what’s going on in a timely manner.

Highlights:

1. Mainstream Media Renew Push for Non-US FTX User Identities

2. US House Expedites Hearings On Crypto Regulations and Banking Failures

3. Coinbase Legal Head Meets Ripple Chief Legal Officer; Will Coinbase Relist XRP?

4. CEX Trading Volumes Decline in April After Months of Growth

5. US Regional Bank Shares Sink Despite Fed Calling Banking System 'Sound'

6. Coinbase to Cease Issuing New Bitcoin-backed Loans via Borrow Service

7. Fedi, Inc. Announces Raising $17 Million in Series A Round

8. Seed Club Launches $2M Consumer Crypto Accelerator for Blockchain Creators

9. Haru Invest Continues Expansion With Haru Mining, a New Crypto Mining Investment Product in Partnership with Pow.re

10. $22M of Curve Finance Algo Stablecoin Minted Since Mainnet Launch

Stay with Cointime for the latest news in the web3 world.

Comments

All Comments

Recommended for you

  • Nasdaq Golden Dragon China Index Rises Over 1%

    On June 15, the Nasdaq Golden Dragon China Index rose over 1%. Canaan Inc. increased by 13.84%, EHang soared by 10.86%, Zai Lab gained 5.59%, Xunlei rose by 5.16%, and Kingsoft Cloud climbed by 5.31%.

  • Anthropic Sued by User for Allegedly Inflating Subscription Usage Limits

    On June 15, according to The Wall Street Journal, a consumer is seeking compensation from Anthropic for its highest-tier subscription plan and has accused the company of exaggerating the usage limits provided. The lawsuit claims that Anthropic misled consumers regarding the usage restrictions of its Max 5x and Max 20x subscription plans. The cheapest Pro subscription for individual users costs between $17 and $20 per month, while the Max 5x costs $100 per month and the Max 20x costs $200 per month. The lawsuit alleges that Anthropic advertised the Max 5x and Max 20x plans as having 5 times and 20 times the usage limits of the Pro plan, respectively, but the actual limits are difficult to determine and appear to be far below the advertised levels. The lawsuit seeks to qualify for a class action on behalf of users who purchased these packages since April of last year.

  • ETH Surpasses $1800

    Market data shows that ETH has surpassed $1800, currently priced at $1804.82, with a 24-hour increase of 8.2%. The market is experiencing significant fluctuations, so please ensure proper risk management.

  • BitMine Increases ETH Holdings by Over 76,000, Total Holdings Exceed 5.62 Million ETH

    As of June 14, Eastern Time, BitMine's total cryptocurrency and cash holdings amount to $10.4 billion. BitMine holds 5,620,754 ETH (an increase of 76,882 ETH from last week), which represents 4.66% of the total Ethereum supply (120.7 million ETH). Additionally, it holds 204 BTC, shares in Beast Industries worth $180 million, shares in Eightco Holdings (NASDAQ: ORBS) valued at $88 million, and $502 million in unsecured cash. As of June 14, 2026, the total amount of staked ETH by BitMine is 4,718,677 ETH (valued at $8.1 billion based on $1,718 per ETH).

  • US Spot Ethereum ETF Sees Net Outflow of $4.93 Million

    On June 13, according to monitoring by Trader T, the US spot Ethereum ETF experienced a net outflow of $4.93 million yesterday.

  • US Spot Bitcoin ETF Sees Net Inflow of $85.82 Million Yesterday

    On June 13, according to monitoring by Trader T, the US spot Bitcoin ETF recorded a net inflow of $85.82 million yesterday.

  • U.S. Bans Foreign Access to Fable 5 and Mythos 5; Anthropic Issues Detailed Rebuttal

    On June 13, Anthropic issued a statement announcing that the U.S. government, citing national security powers, has released an export control directive requiring the suspension of all access to the AI models Fable 5 and Mythos 5 by foreign entities, regardless of whether the individuals are within the U.S., including Anthropic employees who are foreign nationals. The practical effect of this order is that we must immediately disable access to Fable 5 and Mythos 5 for all customers to ensure compliance. Access to all other Anthropic models will not be affected. We received the government's directive at 5:21 PM (Eastern Time) today. The letter did not specify the details of its national security concerns. Our understanding is that the government believes it has become aware of a method to bypass or 'jailbreak' Fable 5. So far, the government has only provided us with verbal evidence suggesting the existence of a potential narrow, non-general jailbreak, essentially by requiring the model to read specific code libraries and fix any software defects. We are complying with the government's legitimate directive and are in the process of removing all users' access to Fable 5 and Mythos 5. However, we disagree with the conclusion that 'a narrow potential jailbreak vulnerability should be the reason to recall commercial models deployed to hundreds of millions of users.' (Jinshi)

  • Iranian Foreign Minister: Iran-U.S. Memorandum of Understanding May Be Signed in Days

    On June 13, Iranian media reported that Iranian Foreign Minister Amir-Abdollahian stated that once the final stage of negotiations between Iran and the U.S. is completed, the memorandum of understanding will be signed and announced immediately. The first phase will be signed electronically from a distance, "which may happen in the coming days." (Xinhua News Agency)

  • U.S. Officials: U.S. and Iran Close to Agreement, Signing Expected in Coming Days

    On June 13, Reuters reported that a senior U.S. official stated on Friday local time that the U.S. and Iran have not yet truly reached the finish line, but are very close to finalizing an agreement to resolve their conflicts. Washington expects to sign the agreement in the coming days. 'The negotiating team has put us in a very favorable position, but we still need to see, we haven't really reached the finish line, but we are very close,' the U.S. official said. The official noted that the agreed terms achieve a core goal of Trump. The memorandum of understanding includes the reopening of the Strait of Hormuz and the lifting of U.S. blockades on Iranian ports. Iran's highly enriched uranium will also be destroyed on-site and subsequently removed from the country. 'Iran will not gain anything from signing the memorandum or from the negotiations themselves,' the official said. 'They will receive economic rewards for fulfilling the obligations set forth in the agreement. Therefore, if they commit to handing over nuclear materials, they will gain something. If they dismantle their nuclear program or facilities, they will receive additional benefits.'

  • Iran's Foreign Ministry: Iran is Reviewing Draft Memorandum of Understanding

    On June 13, local time on the 12th, Iranian Foreign Ministry spokesperson Baghaei stated that Iran and the United States have reached an understanding on most issues, and Iran is currently in the final stages of compiling the text of the memorandum of understanding. Therefore, the previous statement by Iranian Foreign Minister Amir-Abdollahian that 'the two sides are very close to reaching an understanding' is accurate and noteworthy. Meetings of relevant decision-making bodies are ongoing, and this is a process that is being continuously advanced. To achieve a final and decisive outcome, consensus must be formed among decision-making bodies and relevant departments. Baghaei also mentioned that various speculations regarding the content of the agreement text have not been confirmed. Although specific details of the diplomatic process cannot be publicly discussed at this time, this does not mean that the public does not have the right to be informed. (CCTV News)