South Korean entertainment company K Wave Media has entered into a securities purchase agreement worth up to $500 million to fund a Bitcoin-centric crypto treasury strategy. According to a June 4 announcement, the firm said it reached a deal with Bitcoin Strategic Reserve KWM for the sale of ordinary shares. The deal includes the company’s … Read more
Key takeaways Chainabuse allows anyone to publicly share information with enforcement, helping make crypto fraud more transparent, but it’s not a confidential legal channel. Scamwatch helps raise public awareness about crypto scams in Australia and gathers reports to support national anti-scam efforts, but it does not investigate or take enforcement action. Even if funds can’t … Read more
SEC Chairman Paul Atkins has unveiled a transformative regulatory framework aimed at fostering innovation while enhancing investor protection in the cryptocurrency market. This new approach marks a strategic shift from enforcement actions to formal rulemaking, promising clearer guidelines for major cryptocurrencies and decentralized finance (DeFi) platforms. As Atkins emphasized during the Senate Appropriations Committee hearing, … Read more
XRP roars into the institutional spotlight as Webus unveils a $300 million digital asset framework, unlocking next-level treasury infrastructure with regulatory clarity and elite execution. Webus Files With SEC to Establish XRP Treasury Engine Webus International Ltd. (Nasdaq: WETO) disclosed key details of its Delegated Digital-Asset Management Agreement with Samara Alpha Management LLC through a … Read more
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has revealed a comprehensive security overhaul following its $1.4 billion hack in February. On Feb. 21, Bybit was hacked for over $1.4 billion in liquid-staked Ether (STETH), Mantle Staked ETH (mETH) and other ERC-20 tokens, making it one of the largest security breaches in crypto history. … Read more
Swedish crypto asset manager Virtune becomes the first entity to launch an ETP on Xetra that tracks the Coinbase 50 Europe Index, providing exposure for up to 50 crypto assets. According to a press release sent to crypto.news, Virtune’s latest ETP is now trading on Deutsche Börse Xetra, one of the most prominent trading venues … Read more
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 Moscow Exchange, Russia’s largest exchange group, announced the launch of Bitcoin futures contracts on June 4th, 2025. The new derivatives will allow qualified investors in Russia to gain exposure to bitcoin prices without directly owning it. The bitcoin futures contracts are cash-settled in Russian rubles and will be tied to the iShares Bitcoin Trust … Read more
June 4, 2025 — As Bitcoin surges past $100,000 and the cryptocurrency market reaches new heights, the demand for efficient and sustainable mining solutions has never been greater. Enter BJMINING, a UK-based cloud mining platform founded in 2015, which is transforming the way people mine Bitcoin. With a focus on green energy, cutting-edge technology, and … 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