According to cryptocurrency onchain data, a crypto wallet connected to developers of an altcoin transferred funds to a centralized cryptocurrency exchange after a five-year dormancy period. Data shows that a total of 79,474 LINK tokens worth $1.12 million were transferred to Coinbase from a cryptocurrency wallet linked to Chainlink (LINK) developers. If these sent assets … Read more
Ukrainian police have arrested a man and accused him of hacking the accounts of an international hosting company and using its servers to mine crypto in an apparent case of cryptojacking. Cyber police officers from Ukraine’s National Police said in a June 4 statement that a 35-year-old man from the Poltava region had allegedly been … Read more
China is turbocharging its de-dollarization push, leveraging its SCO presidency to expand national currency use, supercharge financial cooperation, and champion a bold Eurasian economic realignment. China to Use SCO Presidency to Expand National Currencies and Reduce Dollar Use China is escalating efforts to diminish reliance on the U.S. dollar by prioritizing the use of national … Read more
Bitcoin On-Chain Demand Slips 2.45% As Retail Investors Stay Cautious – Details | Bitcoinist.com Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Sebastian’s journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial … Read more
Cryptocurrency hackers are moving away from exploiting smart contract vulnerabilities and targeting users through social engineering schemes, Web3 cybersecurity company CertiK said. More than $2.1 billion has been stolen in cryptocurrency-related attacks so far in 2025, with the bulk of losses coming from wallet compromises and phishing attacks, according to CertiK. Crypto phishing attacks are … Read more
E-commerce platform operator Treasure Global has announced a $100 million digital asset treasury strategy to support its AI-powered consumer intelligence platform, which it plans to launch in the third quarter of 2025. The newly announced strategy relies on two main sources of capital: $50 million provided under an existing equity financing agreement $50 million corporate … Read more
Key Points: Rails secured $14 million with Kraken’s investment, debuting on Ink Layer2. Hybrid model merges centralized speeds with on-chain custody security. Focused on perpetual futures; stablecoins collateralized, spot trading absent. Rails, a new crypto exchange startup founded by BlockEQ’s team, announced on June 4, 2025, that it completed a $14 million funding round supported … Read more
Key Points: K Wave allocates $500M to Bitcoin via stock issuance. K Wave stock surges up to 114% post-announcement. Strategy mirrors Metaplanet’s successful Bitcoin model. K Wave Media Inc. (NASDAQ: KWM) announced a $500 million securities purchase agreement with Bitcoin Strategic Reserve KWM LLC on June 4, 2025, to enhance its Bitcoin-centric assets. This initiative … Read more
Attention, crypto investors! While your focus might often be on Bitcoin charts and altcoin trends, major macroeconomic reports like the Federal Reserve’s Beige Book can significantly influence the landscape of the crypto market. Understanding these reports is crucial for navigating the current economic climate. The latest Beige Book has just landed, offering a snapshot of … Read more
Institutional bitcoin demand is exploding as fiscal alarm bells ring louder, with major firms racing to secure digital assets amid mounting debt, sovereign downgrades, and fiat distrust. Bitcoin Demand Soars With Grayscale Citing Institutional Panic Over Fiat Crypto asset manager Grayscale Investments published its May 2025 market report on June 2, detailing how escalating U.S. … Read more