Author: CryptoDigestAlert.com

TLDR: Figure’s Kiavi acquisition adds over $7 billion in annual first-lien lending volume to its network. Democratized Prime is expected to receive more than $100 million in monthly asset flow after closing. Kiavi becomes the first platform scheduled for onboarding through Figure’s new Adaptor AI system. A Figure and Sixth Street venture will acquire Kiavi’s balance sheet loans as part of the deal. Figure Technology Solutions has agreed to acquire real estate lending platform Kiavi in a transaction valued at $717 million. The deal brings one of the largest residential transition loan originators into Figure’s blockchain-based lending network.  Figure plans…

TLDR Hungary moves to scrap prison terms linked to crypto trading violations Earlier rules targeted unlicensed exchanges and high-value transactions The government plans to end criminal prosecution for market participants Licensing restrictions previously pushed platforms like Revolut to exit Authorities aim to align the national framework with EU MiCA standards Hungary has started reversing its strict crypto rules and plans to remove criminal penalties for digital asset trading. The government move follows criticism of licensing barriers that pushed exchanges out of the country. Officials also aim to align national laws with the European Union MiCA framework and reduce market restrictions.…

US lawmakers have introduced legislation to create a federal task force focused on cryptocurrency theft, fraud, and hacking investigations. Summary Bipartisan lawmakers introduced a bill creating a federal crypto crime task force. The proposed unit would include the DOJ, FBI, DHS, and Treasury Department. The legislation aims to improve investigations, victim reporting, and law enforcement coordination. The proposal follows a year in which Americans reported more than $11 billion in crypto-related losses. If approved, the measure would establish a coordinated reporting and enforcement framework across multiple federal agencies. Crypto fraud losses drive call for coordinated enforcement Bipartisan lawmakers introduced the…

Billionaire financier Tim Draper believes that the conventional banking system faces a more immediate threat from quantum computing than Bitcoin does. The statements have raised a discussion about which financial institutions are at the greatest risk as the technology continues its rapid advancement into the mainstream. Draper in an X post wrote that he feels his crypto investments are safer than the dollars stored in bank accounts. The financier’s opinion is supported by the fact that the banking infrastructure lacks the necessary safety measures that would allow a rollback to the last uncompromised block if a blockchain were to be…

Key TakeawaysXRPL and RLUSD anchor Ripple’s role in Mastercard’s autonomous payments initiative.Enterprises may use XRPL to enforce controls while AI agents transact continuously.RLUSD could support regulated settlement as machine-driven commerce expands across business systems. Mastercard’s AI Payments Plan Puts Ripple’s Enterprise Role in Focus Ripple’s role in Mastercard’s Agent Pay for Machines initiative puts XRPL and RLUSD inside a broader push to govern AI-driven commerce. Mastercard announced on June 10 that it is working with more than 30 partners to support autonomous transactions that require speed, controls, permissioning, and reliable settlement. “As AI agents begin transacting on behalf of businesses,…

Oracle has reported stronger fiscal fourth-quarter earnings and revenue than analysts expected. Summary Oracle beat fiscal fourth-quarter estimates with $2.11 adjusted EPS and $19.18 billion in revenue. The company plans to raise $40 billion through debt and equity financing for AI infrastructure. Oracle’s remaining performance obligation rose 363% to $638 billion, helped by large AI contracts. The company also raised its full-year profit outlook, while keeping its fiscal 2027 revenue target unchanged. However, Oracle shares fell 5% in extended trading after the company detailed new financing plans for AI infrastructure. Oracle beats earnings and revenue estimates Oracle reported adjusted earnings…

XRP is now oversold across all major time frames, signaling weakening momentum as its price continues to test key support levels. Crypto analyst Dark Defender revealed that this could be the bullish signal the broader market has been waiting for, suggesting a potential rebound may be on the horizon. He based his outlook on historical patterns, noting that the last time XRP reached similar oversold conditions, the cryptocurrency experienced a sharp rally to new highs. XRP Oversold Levels Signal Explosive Triple-Digit Rally In an X post on June 6, Dark Defender noted that XRP’s Relative Strength Index (RSI) is showing…

TLDR: PYUSD supply shrinks 31% from $4.2B ATH, dropping to $2.92B amid shifting liquidity flows in 2026 Over $1B wiped from circulation as market volatility reduces stablecoin minting and exchange inflows PayPal expands PYUSD across 70 markets, boosting wallet usage and cross-border payment access globally Stablecoin remains mid-tier as USDT and USDC dominate broader crypto liquidity and settlement flows PYUSD supply contraction has drawn attention across stablecoin markets as PayPal’s dollar-backed asset retraces from its $4.2 billion March peak to around $2.92 billion. The movement reflects shifting liquidity conditions, softer market participation, and evolving usage patterns even as PayPal continues…

TLDR Over 200 crypto companies and groups urged a Senate vote on the Clarity Act. Coinbase, Ripple, Kraken, Circle, and Binance US signed the industry letter. Stand With Crypto said it mobilized nearly 3 million advocates nationwide. The Senate Banking Committee passed the Clarity Act with bipartisan support. Senator Cynthia Lummis confirmed the bill now moves toward a floor vote. More than 200 digital asset companies and trade groups urged Senate leaders to schedule a floor vote on the Digital Asset Market Clarity Act. Stand With Crypto coordinated the letter with the Blockchain Association, the Crypto Council for Innovation, and…

Amazon just launched a feature that turns text prompts into printable designs for apparel and drinkware. The AI merch feature is available to all U.S. customers through the Alexa icon in its Shopping app. The tool runs on Amazon’s existing Merch on Demand print-on-demand infrastructure. The user has to open the Amazon app, tap the Alexa button, or search “customize,” and then type what they want. The AI creates a design in seconds, then you slap it onto T-shirts, hoodies, quarter-zips, jerseys, tank tops, tumblers, water bottles, and about a dozen other product types, according to Amazon’s announcement. Creating an…