Hong Kong’s securities regulator aims to introduce digital asset derivatives trading for professional investors as part of a broader strategy to expand product offerings and reinforce the city’s role in the global digital asset market, local media reported. Christopher Hui Ching-yu, secretary for Financial Services and the Treasury, confirmed the move on June 4, according … Read more
The millionaire leveraged crypto trader James Wynn has been liquidated of nearly $25 million in Bitcoin after betting with leverage that the cryptocurrency’s price would rise. Wynn was liquidated for 240 Bitcoin (BTC) and had “manually closed part of his position to lower the liquidation price,” onchain analytics platform Lookonchain posted to X on June … Read more
California’s lower house has passed a sweeping crypto payments-regulating bill that would also allow the state to take idle crypto holdings from exchanges if an owner hasn’t accessed their account in three years. The California State Assembly passed Assembly Bill (AB) 1052 in a 78-0 vote on June 3, which would make crypto subject to … Read more
Binance has officially announced the introduction of watch labels for select tokens including BIFI, FIS, KMD, and MDT as of June 5th. This designation signals heightened volatility and risk associated with these assets compared to other listed cryptocurrencies on the platform. The exchange will implement continuous monitoring and rigorous assessments to evaluate these tokens’ compliance … Read more
Semler’s move is part of a broader corporate trend, with firms like South Korea’s K Wave Media also adopting aggressive Bitcoin treasury strategies. As a result, K Wave’s stock jumped 162% after announcing a $500 million crypto-focused share issuance. While this growing wave of corporate Bitcoin accumulation mirrors Metaplanet and Strategy’s playbook, Standard Chartered warned … Read more
The ongoing loop of tariff uncertainty from US President Donald Trump is the most significant risk for those betting big on Bitcoin over the next two months, a crypto analyst warns. “The biggest threat to bulls right now is that nothing changes over the next two months, and we just stay trapped in this cycle … Read more
As excitement builds around the Hedera price and the growing influence of HBAR coin in institutional circles, all eyes are on its potential breakout. Meanwhile, a new AI-driven player, Unilabs, is making waves with its presale frenzy and $30M+ AUM already. As investors chase the next big breakout, Hedera price momentum and Unilabs’ real-world utility … Read more
The US Securities and Exchange Commission has been handed a $1.1 million court victory after a man it accused of running a crypto scam failed to answer the agency’s lawsuit. A Georgia federal court judge submitted a default judgment in the SEC’s favor on June 3 in its case against Keith Crews, who failed to … Read more
Kraken Prime is redefining institutional crypto trading with unmatched liquidity access, smart order routing, and elite-grade security built to exceed Wall Street-level performance expectations. Kraken Prime Unveiled With Deep Liquidity, Smart Order Routing, and Institutional-Grade Security Crypto exchange Kraken announced on June 3 the introduction of Kraken Prime, a full-service prime brokerage platform created to … Read more
India-serving but Singapore-based crypto exchange WazirX is moving its operations to Panama after local courts declined to approve the firm’s restructuring plan. In an email sent to its users, WazirX shared recent redacted legal documents outlining the move. One of the documents revealed that WazirX’s parent company, Zettai, will move to Panama and rebrand. “Zettai … Read more