A YouTuber exposed an $800,000 crypto scam in Cebu by hacking CCTV, confronting scammers live and revealing their global fraud operation. In Cebu, Philippines, a scam call center ran a sophisticated $800,000 crypto fraud from the second floor of the Skyrise building in Cebu IT Park, using fake investment products like Quantum AI and Bitcoin Code. Leveraging the Philippines’ low labor costs and strong English skills, the fraudulent investment group operated to scam unsuspecting victims in South Africa, Nigeria and the Gulf countries, promising high returns to lure deposits. Earlier, it used to target people in Canada, the UK and European countries. The scamsters have been operating under different names, such as BMJ Data Processing Services, Virtual Wealth Exchange, Solless Markets, BTC Boutique and more. Read more
While SharpLink has become the largest publicly traded holder of Ether globally, some entities, including the Ethereum Foundation and BlackRock, are still holding more ETH. Sports betting platform SharpLink Gaming has acquired 176,271 Ether for $463 million, becoming the world’s largest publicly traded holder of ETH. In a Friday announcement, the Nasdaq-listed company said the Ether (ETH) acquisition was funded through a combination of private placement and at-the-market equity sales, including $79 million raised since May 30. The average acquisition price came in at $2,626 per coin. The company said over 95% of its ETH is now deployed in staking and liquid staking platforms, earning yield while contributing to Ethereum’s network security. Read more
How Much Bitcoin Does BlackRock Own and Why It Matters in 2025. BlackRock’s entry into the Bitcoin market through the iShares Bitcoin Trust (IBIT) has marked a new era in institutional Bitcoin accumulation. Since its launch on Jan. 11, 2024, IBIT has grown at a pace that few expected, and no other ETF has matched. As of June 10, 2025, BlackRock holds over 662,500 BTC, accounting for more than 3% of Bitcoin’s total supply. At today’s prices, that’s $72.4 billion in Bitcoin exposure, a staggering figure by any measure. Read more
One analyst spots a bullish fractal driven by 2024-like liquidity grabs, hinting that Bitcoin may breakout toward new all-time highs. Key takeaways: Bitcoin rebounds from a 5.5% drop after the latest escalation in the Israel-Iran conflict, repeating a pattern seen in October 2024. Analysts highlight a bullish fractal involving liquidity grabs, suggesting BTC could soon break toward new highs. Read more