Telegram founder Pavel Durov warned that France may experience a societal collapse if it continues down its current political trajectory of censorship and regulatory policies during an interview on Wednesday. “Emmanuel Macron isn’t making the right choices. I’m very disappointed. France is getting weaker and weaker,” Durov said in a translated excerpt from an interview … Read more
Securitize and Ethena Labs have partnered to enable nonstop atomic swaps between Blackrock’s tokenized treasury fund, BUIDL, and the stablecoin USDtb, enhancing onchain liquidity and flexibility. Institutional Crypto Liquidity Enhanced: BUIDL Now Swappable 24/7 for USDtb Ethena’s USDtb is a blockchain-based stablecoin pegged 1:1 to the U.S. dollar. It is primarily backed by shares in … Read more
U.S. authorities filed a civil forfeiture complaint targeting over $225.3 million in cryptocurrency allegedly linked to laundering proceeds from widespread cryptocurrency investment scams. Secret Service, FBI Trace and Seize $225M in Crypto Scam Proceeds The U.S. Attorney’s Office for the District of Columbia filed the complaint in federal court on June 18, 2025. It alleges … Read more
Dogecoin (DOGE), the king of meme coins, could flip Tron (TRX) out of eighth place, according to the market capitalization ranking. The meme coin currently occupies ninth place with a market cap of $25.16 billion compared to Tron’s $25.47 billion. Dogecoin gaining momentum despite price dip CoinMarketCap data shows that Dogecoin is approximately $324 million … Read more
Officials with the US Department of Justice announced the seizure by the Secret Service of more than $225 million “linked to cryptocurrency investment scams.” In a Wednesday notice, the DOJ said it had filed a civil forfeiture complaint against more than $225.3 million in cryptocurrency. In the US legal system, such complaints are filed against the assets … Read more
Arthur Hayes said that stablecoin issuers who cannot immediately tap a large exchange, a Web2 platform, or a legacy bank will struggle to survive. In a June 16 blog post, the BitMEX co-founder recounted how the banking shutdowns in the 2010s in Hong Kong and Mainland China drove traders toward Tether. Bitfinex and Tether allowed … Read more
Bitdeer Technologies Group priced an upsized private offering of $330 million in convertible senior notes due 2031. The Singapore-based bitcoin mining company increased the offering size from an initially announced $300 million. Bitdeer Upsizes Convertible Note Offering The 4.875% notes, maturing July 1, 2031, were sold to qualified institutional buyers. Initial purchasers hold a 13-day … Read more
The Federal Reserve’s decision to hold interest rates steady reflects a cautious approach amid persistent inflation and geopolitical tensions. Bitcoin demonstrated resilience by recovering losses ahead of the Fed announcement, signaling investor confidence despite macroeconomic uncertainties. According to COINOTAG, the Fed’s data-dependent stance underscores the complexity of balancing inflation control with economic growth in a … Read more
Bitdeer Technologies Group, a Bitcoin mining company based in Singapore, announced the offer of $330 million in senior convertible notes to support multiple initiatives, including data center expansion and further development of ASIC-based mining rigs. According to the announcement, the convertible notes will be due in 2031. Of the total, $130 million will be allocated … Read more
Fidelity Digital Assets released a new report that reveals that for the first time in history, more bitcoin is entering “ancient supply,” which refers to coins that have remained unmoved for 10 years or more, than are being mined. As of June 8, 17% of all bitcoin falls into the category of “ancient supply”—meaning these … Read more