Author: Kelvin Munene
Kelvin Munene
Kelvin Munene is a crypto and finance journalist with over 6 years of experience in market analysis and expert commentary. He holds a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University and is known for meticulous research in cryptocurrency, blockchain, and financial markets. His work has been featured in top publications including Coingape, Cryptobasic, MetaNews, Coinedition, and Coincentral. Kelvin specializes in uncovering emerging crypto trends and delivering data-driven analyses to help readers make informed decisions. Outside of work, he enjoys chess, traveling, and exploring new adventures.
Rodney Burton, known as “Bitcoin Rodney,” has pleaded guilty to a conspiracy charge linked to HyperFund. U.S. prosecutors described the crypto platform as a global wire-fraud scheme that collected about $1.8 billion from investors. The 56-year-old Florida resident admitted to conspiring to operate an unlicensed money transmitting business. His sentencing is scheduled for July 23, and he faces up to five years in prison. Rodney “Bitcoin Rodney” Burton pleaded guilty to operating an unlicensed money transmitting business linked to HyperFund, a crypto scheme that collected about $1.8 billion from investors. Prosecutors said he received at least $7.85 million and now…
Bitcoin approached $66,000 after the US and Iran announced a preliminary peace agreement. The Crypto Fear and Greed Index rose from 19 to 23, while doubts over the formal signing, ETF outflows and the Federal Reserve’s next rate decision kept traders cautious. Bitcoin approached $66,000 on Monday as the announced US-Iran peace agreement encouraged traders to return to risk assets. The cryptocurrency reached $65,881 on Coinbase, its highest price in nearly two weeks. Trump Announces US-Iran Peace Agreement US President Donald Trump said Washington and Tehran had completed an agreement aimed at ending the conflict and reopening the Strait of…
Raydium lost $1.34 million after a hacker exploited a retired AMM V3 program on Solana. The attack drained five inactive liquidity pools through an LP mint validation flaw. Raydium said current users and active programs were unaffected, while its treasury will cover the full loss. Raydium confirmed that a hacker drained $1.34 million from five inactive Solana liquidity pools on June 10, 2026. The exploit affected the protocol’s retired AMM V3 program, which had been phased out in 2021 and was no longer available through Raydium’s user interface or SDK. The affected pools included RAY-SOL, USDC-RAY, SRM-RAY, Sollet USDT-RAY, and…
Anthropic’s Claude Fable 5 release has raised debate across the crypto industry over possible risks to smart contracts, wallets, and supporting infrastructure. While some experts warn that advanced AI could help attackers find weaknesses, others say operational security failures remain the greater threat. Anthropic has released Claude Fable 5, its first Mythos-class artificial intelligence model available for general use. The June 9 launch has drawn attention from cryptocurrency developers and investors for the model’s advanced coding capabilities. Some industry figures fear stronger AI tools could help attackers find weaknesses, although others question whether the threat to smart contracts is being…
An AMU Clerk has been arrested for allegedly sending extortion letters in Lawrence Bishnoi’s name to eight people. Police say he demanded nearly Rs 2 crore in cryptocurrency and used a fake identity while posting the letters from Delhi. Police have arrested an Aligarh Muslim University clerk over an alleged cryptocurrency extortion plot. Police claim the suspect used jailed gangster Lawrence Bishnoi’s name to threaten eight people. He allegedly demanded about Rs 2 crore through Bitcoin payments and QR codes. Threatening Letters Sent to Eight People Police identified the accused as Hashmat Hussain, a 45-year-old lower division clerk at Aligarh…
Bybit has launched IPO Express with SpaceX as its first tokenized public offering. Eligible users can subscribe using USDC, although allocations are not guaranteed and token holders will not receive direct shareholder rights. Bybit has launched IPO Express, a service that gives eligible crypto users access to tokenized initial public offerings. SpaceX is the first planned listing, offering retail investors a route to subscribe at the IPO price without opening a traditional brokerage account. Moreover, participation remains subject to eligibility checks, demand, final pricing, and allocation rules. The product also broadens the range of traditional assets available through cryptocurrency exchanges…
Global Exchanges Are Betting Big on India. Here Is Why the World’s Largest Crypto Nation Cannot Be Ignored India’s cryptocurrency market is undergoing a major transformation in 2026. Global exchange Coinbase has relaunched operations in the country, joining established domestic players CoinSwitch, CoinDCX, and KoinBX. The move signals growing international confidence in India as a serious, long-term crypto destination. Coinbase Returns with Direct INR Access Starting June 1, 2026, Coinbase now allows Indian users to deposit and withdraw rupees directly from their bank accounts via IMPS. This removes the need for peer-to-peer transfers and third-party intermediaries that users previously relied…
Bybit has integrated Western Union’s USDPT stablecoin through its fiat channels, becoming the first major crypto exchange to join the USDPT network. The service gives eligible users in selected Latin American markets access to buy and sell USDPT through Bybit’s One-Click Buy feature. Bybit has integrated Western Union’s USDPT stablecoin through its fiat channels, marking a new link between crypto trading platforms and traditional money transfer networks. The launch gives eligible users in selected Latin American markets access to USDPT through Bybit’s One-Click Buy feature. USDPT is a US dollar-denominated stablecoin issued by Anchorage Digital Bank, N.A. on the Solana…
Treasury Secretary Scott Bessent backed the CLARITY Act during a Senate hearing and urged lawmakers to pass it this summer. He also said Treasury is moving ahead with a Strategic Bitcoin Reserve using government-held Bitcoin from forfeitures. US Treasury Secretary Scott Bessent backed the CLARITY Act during a Senate Finance Committee hearing on the Treasury Department’s fiscal year 2027 budget. He urged lawmakers to pass the crypto market structure bill this summer. The measure is now on the Senate Legislative Calendar after clearing the Senate Banking Committee in a 15-9 vote. Bessent Urges Action on CLARITY Act Bessent told senators…
US sanctions targeted Nobitex, Iran’s largest crypto exchange, along with Wallex, Bitpin and Ramzinex. Treasury accused the platforms of helping sanctioned Iranian entities move funds, including transactions linked to the IRGC and Iran’s central bank. The United States has sanctioned Nobitex, Iran’s largest cryptocurrency exchange, in a new move against Tehran’s digital asset networks. The Treasury Department also targeted Wallex, Bitpin, and Ramzinex, as well as several individuals linked to Nobitex. US officials said the action focuses on crypto platforms accused of helping sanctioned Iranian entities move funds. Nobitex denied direct government ties in earlier comments to Reuters and said…