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Australia has implemented stringent new regulations for crypto ATM operators to combat scams and strengthen anti-money laundering (AML) measures. The updated framework introduces a cash transaction limit of 5,000 AUD and mandates enhanced customer verification and scam warnings at crypto ATM locations. AUSTRAC CEO Brendan Thomas emphasized that these measures aim to protect consumers and … Read more

Key Takeaways Coinbase delayed public disclosure of a data breach involving TaskUs until May, despite being aware since January. The breach was linked to a TaskUs employee leaking customer data in exchange for bribes. Crypto exchange Coinbase was aware of a customer data leak at its outsourcing partner, TaskUs, as early as January, months before … Read more

Key Points: JPMorgan’s Dimon suggests prioritizing defense over Bitcoin. Focus on military assets vs. digital reserves. Comments resonate amid geopolitical tensions. Jamie Dimon, CEO of JPMorgan Chase, urged the U.S. to prioritize military resources over Bitcoin at the Reagan National Economic Forum in California. The comments highlight Dimon’s skepticism towards cryptocurrency and align with his … Read more

Robinhood has finalized its strategic $200 million acquisition of Bitstamp, the world’s longest-running cryptocurrency exchange, marking a significant expansion into global institutional markets. This acquisition grants Robinhood access to over 50 active licenses across critical jurisdictions, enhancing its ability to serve both retail and institutional clients worldwide. According to Johann Kerbrat, General Manager of Robinhood … Read more

ConSensys has acquired the crypto wallet infrastructure provider Web3Auth, which it says will bolster the user experience for its popular crypto wallet offering MetaMask. ConSensys said in a June 2 blog post that the acquisition, which it did not share further details on, “will greatly improve MetaMask user experience by addressing one of the biggest … Read more

Cryptocurrency exchange MEXC reported a significant 200% increase in coordinated fraudulent trading activity in the first quarter of 2025. Most fraudulent activity is concentrated in Asia, with India accounting for nearly 27,000 or 33% of flagged accounts. Fraudulent Activity Concentrated in Asia Cryptocurrency exchange MEXC reported a sharp, 200% increase in coordinated fraudulent trading activity … Read more

Key Points: The Solana Foundation and Dubai VARA sign an MoU for crypto development support. Focuses on talent, economic data, and fostering Dubai’s Solana Economic Zone. Market and developer sentiment remains positive with potential long-term benefits. The Solana Foundation and Dubai’s Virtual Asset Regulatory Authority (VARA) announced a Memorandum of Understanding on June 3, 2025. … Read more

Coinbase was reportedly told in January that its customer data could have been leaked by an employee of an outsourcing company, months before it publicly disclosed the incident last month. Part of the breach, which Coinbase publicly disclosed in a May 14 regulatory filing, happened when an India-based employee of the outsourcing firm TaskUs was … Read more

Bitfinex and Tether have transferred $2.7 billion worth of Bitcoin to Twenty One Capital, signaling a significant move in institutional crypto treasury management. This transfer supports Twenty One Capital’s upcoming Nasdaq debut and highlights a growing trend of corporate Bitcoin accumulation through innovative financing strategies. According to Paolo Ardoino, CTO of Bitfinex and CEO of … Read more

The Norway-based crypto exchange Norwegian Block Exchange has seen its stock price jumped over 138% in a single day after it said it was starting to buy and hold Bitcoin. The company said on June 2 it purchased 6 Bitcoin (BTC), worth $633,700 at current prices, with plans to expand its holdings to 10 BTC … Read more