Crypto

The company could become the latest crypto firm to sell as bitcoin’s rally fuels an acquisition boom.

Uber is exploring using stablecoins, seeing them as a faster, cheaper route for crossborder payouts. CEO Dara Khosrowshahi noted Bitcoin’s store-of-value role and left the door open to accepting crypto for rides when high fees and emissions concerns drop, as US lawmakers debate stablecoin rules. The post BREAKING: Uber Explores Global Stablecoin Transfers as CEO Hails Bitcoin ‘Proven’ Store of Value appeared first on Cryptonews.

But social media observers say the miner rented extra hashpower.

All three of U.S. President Donald Trump’s sons have denied being involved with Magic Eden’s plans for a $TRUMP wallet.

Arca was one of the earliest crypto investment firms to back Circle, Arca chief investment officer Jeff Dorman wrote in the letter. Circle is facing criticism from Jeff Dorman, chief investment officer at digital asset investment firm Arca, over a $135,000 allocation to the company during the stablecoin issuer’s recent initial public offering. In an open letter posted to social media, Dorman accused Circle and its leadership of poor judgment, calling the allocation “inappropriate” and announcing the closing of all Arca’s accounts with Circle. According to Dorman’s post, Arca was granted only a $135,000 participation in its $10 million order on the offering. Dorman said Arca was one of the first entities to make an offer. The executive said the company is one of Circle’s earliest backers and held steady even amid rumors of Circle delaying its IPO plans due to the macroeconomic shock of tariffs. The letter read: “Most of Arca’s management team left Wall Street eight years ago to start a crypto-native company sp...

$FARTCOIN has broken an ascending channel and dipped below $1, yet a single investor has taken a $3M stake, reinforcing the view that the memecoin has entered oversold territory. Analysts have noted that holding $0.606 may open room for a recovery toward $2–$3, while failure could expose $0.50. The post $FARTCOIN Dips Under $1 – Could it Still March Towards $3 in 2025? appeared first on Cryptonews.

Solana (SOL) breached key support after large inflows to exchanges triggered high-volume selling despite continued strength in network usage.

World Liberty Financial reportedly sent a letter after the company behind Donald Trump’s memecoin and Magic Eden announced plans to launch an “official $TRUMP wallet.” World Liberty Financial (WLFI), the cryptocurrency platform backed by US President Donald Trump and members of his family, has reportedly issued a cease-and-desist letter to the company responsible for creating a Bitcoin wallet tied to the president’s brand. According to a June 5 Bloomberg report, WLFI sent the letter to Fight Fight Fight LLC, the company that owns Gettrumpmemes.com and is behind issuing the TRUMP memecoin. The cease-and-desist notice was reportedly issued after the non-fungible token marketplace Magic Eden and the team behind the memecoin revealed a waitlist for a crypto wallet featuring Trump’s name. Donald Trump Jr., the president’s eldest son and a “Web3 ambassador” for WLFI, said on June 3 that the Trump Organization had “zero involvement” with the crypto wallet project, announcing that the group was planning its own launc...

Bitcoin's on-chain fundamentals are demonstrating significant upticks in wallet creation and token movement, which hints at renewed network strength.

“You don’t see that often,” Bitwise’s Juan Leon remarked.

Circle’s (CRCL) shares more than tripled minutes into their New York Stock Exchange debut on June 5, touching $103.75 less than 30 minutes following its launch and resulting in several volatility halts. The price peak is 234% above the initial public offering (IPO) price of $31, which captured over $1 billion by selling 34 million […] The post Circle stock price skyrockets 234% in less than 30 minutes causing multiple trading halts appeared first on CryptoSlate.

Momentum indicators point to continued weakness with further downside potential toward the $2.48-$2.45 range.

Beijing police have partnered with the Beijing Equity Exchange to create a real-time workflow for liquidating confiscated digital assets. Seized crypto is vetted by third-party custodians, sold on compliant Hong Kong exchanges, converted, reviewed, and transferred to China’s treasury within a day. The post Beijing Fast-Tracks 24-Hour Seized Crypto Liquidation via Hong Kong Exchanges appeared first on Cryptonews.

The birth went just fine. But the meme coin? There were complications.

California crypto bill AB 1052 has secured Assembly approval, proposing that dormant custodial assets stay in native form with a state-licensed custodian after three years of inactivity. Self-hosted wallets are excluded, and any user activity resets the countdown as the bill advances to the Senate. The post California Crypto Bill Rockets Forward, Promising New Protections for Dormant Assets appeared first on Cryptonews.

AI based on large language models poses risks to Web3 principles. Enter NeuroSymbolic AI, which offers greater auditability and less misinformation, say Ramesh Ramadoss and John deVadoss.

[PRESS RELEASE – Dubai, UAE, June 5th, 2025] The next-generation web3 investor and market maker DWF Labs has announced that the USD1 stablecoin has gone live on DWF Liquid Markets. Its introduction means that more than 1,000 counterparties can access USD1 via DWF’s institutional-grade trading solution. Developed by World Liberty Financial, USD1 operates as a […]

[PRESS RELEASE – New York, United States, June 5th, 2025] The Kaspa mining landscape has entered turbulent waters. Since Q1 2025, the KAS token has dropped more than 35%, dipping below $0.10, while the network’s emission rate continues to fall by approximately 5% every month as part of its programmed block size reduction. For many […]

The privacy landscape in crypto has shifted dramatically over the past few years. In 2025, it is increasingly difficult to use digital assets without revealing your identity. Most centralized platforms are now required to enforce strict know-your-customer (KYC) and anti-money laundering (AML) regulations. This means that exchanges and custodial services routinely collect and store information […]

The situation involving Garantex “undermines the illusion of control that many still cling to,” according to Global Ledger co-founder and CEO Lex Fisun. Global Ledger, a company that provides a crypto Anti-Money Laundering (AML) toolset, has identified over $15 million in active reserves from crypto exchange Garantex, some of which are on the move. According to Global Ledger’s report, a dormant Garantex Ethereum wallet began accumulating Ether (ETH) on March 6, eventually funneling $2.3 million in ETH to Tornado Cash. That wallet still holds $6.1 million in ETH, which remains stagnant. The same pattern was found for Bitcoin (BTC) holdings, the report says. About 2.2 BTC has been bridged to the TRON network, then partially transferred to Grinex. Read more