Crypto

The miner's May output shows resilience but still lags behind competitors MARA and Riot Platforms. CleanSpark’s Bitcoin mining production rose more than 9% in May, bringing its treasury to 12,502 BTC, double the amount it held at the same time last year. According to its monthly report, the company mined 9.4% more Bitcoin (BTC) in May, producing 694 coins compared to 633 in April. CleanSpark also achieved a 45.6 exahash rate, up from 42.4 in April, and expanded its contracted power capacity to 987 MW. “May was a strong execution month for CleanSpark,” Zach Bradford, CEO and president, said. “We increased our month-end hashrate to 45.6 EH/s, up 7.5% sequentially, while improving average fleet efficiency.” Read more

Tether has announced a strategic investment in Orionx, a digital asset platform operating in Latin America, according to a June 3 statement. The investment aims to accelerate the use of stablecoin-powered financial services across the region, particularly in underserved and inflation-prone economies. According to the statement, Orionx currently serves users in Chile, Peru, Colombia, and […] The post Tether invests in Orionx to boost stablecoin use in Latin America appeared first on CryptoSlate.

Binance attracted $31 billion in USDT and USDC deposits this May, as it slightly outperformed Coinbase.

Consensys CEO and Ethereum co-founder Joe Lubin said Tuesday that there's sizable interest from institutions in building on ETH.

Solana's SOL quickly fell about 2% on the news during late afternoon U.S. hours.

Norwegian Block Exchange (NBX) became the first publicly listed company in Norway to adopt a Bitcoin (BTC) treasury strategy, according to a press release. The firm announced the acquisition of 6 Bitcoin with plans to increase holdings to 10 BTC by the end of June. The move sent NBX shares soaring more than 138% following […] The post NGX becomes first public Norwegian firm to adopt the Bitcoin standard, stock surges 138% appeared first on CryptoSlate.

Brandon Gill has faced scrutiny after he has disclosed two Bitcoin transactions worth up to $500K past the STOCK Act’s 45-day deadline, OpenSecrets has reported, bringing new focus to his pro-Trump crypto stance and proposal to feature Trump on the $100 bill. The post Texas Congressman Slammed for Delayed Bitcoin Disclosure of $500K Purchases appeared first on Cryptonews.

Former Bank of China deputy governor Wang Yongli has warned surging USD-pegged stablecoins, buoyed by new U.S. and Hong Kong rules, have tightened dollar dominance. He has urged quicker e-CNY deployment, a Hong Kong yuan stablecoin and ID integration to keep the yuan competitive. The post Former Bank of China Executive: Rise of Stablecoin Poses Policy Challenge for China appeared first on Cryptonews.

Solana Trump NFTs have sold for more than $16,000 after Donald Trump rewarded 220 top $TRUMP holders with tokens at a Washington dinner. Their run-up contrasts with the memecoin’s 84% fall from January highs, sparking debate over supply locks, token burns and the campaign’s crypto proceeds. The post Solana Trump NFTs Airdropped to Crypto Dinner Guests, High Secondary Market Sales appeared first on Cryptonews.

Roughly half of Bitcoin treasuries established by non-crypto companies will be forced to liquidate if Bitcoin falls below $90,000, the Standard Chartered analyst wrote. 

An official President Trump-branded crypto wallet is launching in connection with his Solana meme coin and Magic Eden.

[PRESS RELEASE – George Town, Cayman Islands, June 3rd, 2025] Zircuit, the chain where innovation meets security, has been featured on Binance Alpha, Binance’s exclusive platform for spotlighting the most promising early-stage Web3 projects. To celebrate, Zircuit is launching an exclusive airdrop of 80 million ZRC tokens through Binance Alpha and preparing a ZRC trading […]

[PRESS RELEASE – Singapore, Singapore, July 3rd, 2025] Datai Network announces that it has integrated its on-chain data into the ElizaOS framework, paving the way for seamless access to blockchain-native intelligence within any agent built using ElizaOS. ElizaOS System ElizaOS is a modular operating system for building autonomous AI agents. It provides the tools developers […]

The U.S. crypto bills are similar but must work out matters of acceptable foreign oversight, who regulates in the U.S. and on Big Tech issuers, the top lawmaker said.

Eric Trump and Donald Trump Jr. denied involvement in Magic Eden’s June 3 announcement of a partnership to develop a “Trump Wallet.” On June 3, Magic Eden announced it was developing a new Trump wallet and shared a landing page with a public waitlist. The page promoted $1 million in TRUMP memecoin payouts through a […] The post Eric Trump and Donald Trump Jr. deny involvement in Magic Eden’s ‘Trump Wallet’ appeared first on CryptoSlate.

Currency.com has advanced its US rollout by earning Tennessee’s Money Transmitter License—its 31st nationwide. The digital finance firm says the state-by-state approach lets it scale quickly once federal rules settle, while building local compliance and operations teams in advance. The post Currency.com Secures MTL License in Crypto-Friendly Tennessee, Accelerating 50-State Ambition appeared first on Cryptonews.

The group may also be benefitting from a modest rise in the price of bitcoin on Tuesday.

Moody’s finds growing institutional demand for tokenized money market funds, citing benefits in liquidity, compliance and operational efficiency. Tokenized short-term funds, a new class of digital financial products bridging traditional and decentralized finance, have grown to reach $5.7 billion in assets since 2021, according to a new Moody’s report.  The credit rating service sees growing interest from traditional asset managers, insurers, and brokerages looking to offer clients access between fiat and digital markets. “Tokenized short-term liquidity funds are a small but rapidly growing product,” notes a June 3 report shared with Cointelegraph. These funds, typically backed by US Treasurys or other low-risk assets, operate similarly to traditional money market funds but use blockchain to issue and manage fractional shares, enabling real-time settlement. Data from the Federal Reserve shows that US money market funds held approximately $7 trillion in total assets as of December 2024.  Read more

An India-based TaskUs worker allegedly leaked Coinbase user data to hackers, which ultimately triggered mass firings and security concerns.

A representative for the Trump Organization distanced the group from a new crypto app branded with the former president’s name.