Crypto

Norwegian Block Exchange (NBX) shares surged over 138% in a single day after the Oslo-based crypto exchange revealed it had begun adding Bitcoin to its treasury. The post Norway’s NBX Stock Rockets 138% After Surprise Bitcoin Treasury Buy — What’s Next for the BTC Price? appeared first on Cryptonews.

Bitcoin hovers around $105,000, but bulls struggle with upside momentum as $100,000 comes into the picture. Key takeaways: Bitcoin price consolidates around $105,000 as liquidity builds up on either side of the spot price. After failing to flip $106,000, BTC/USD is retracing to establish support, but $100,000 is a key level of interest for Bitcoin traders. Read more

Wynn has asked the crypto community for donations to help him fight the “market-making cabal” that he says is hunting for his liquidation. Multimillionaire cryptocurrency trader James Wynn has opened a second leveraged Bitcoin position for nearly $100 million, just days after being liquidated from a similar trade. According to blockchain data aggregator Hypurrscan, the position is set to be liquidated if Bitcoin (BTC) falls below $103,630 and is currently showing an unrealized loss of over $592,000. The trade comes less than a week after Wynn’s previous $100 million position was liquidated on May 30, when BTC briefly dipped below a 10-day low of $105,000. Read more

The FDA Commissioner said the agency-wide rollout beat its original June 30 deadline and came in under budget.

After buying 32,000 BlackBerry patents, Malikie Innovations sued Bitcoin miners Marathon Digital and Core Scientific over alleged use of its intellectual property. Malikie Innovations, a firm that acquired tens of thousands of patents from BlackBerry in 2023, has sued major Bitcoin mining firms Marathon Digital and Core Scientific for using the Elliptic Curve Cryptography (ECC) employed by the Bitcoin blockchain, which it claims to own. The cases against Marathon Digital Holdings and Core Scientific follow Malikie Innovations’ acquisition of 32,000 “non-core” patents from the communications company and former phone maker, BlackBerry, in 2023. “This case centers on ground-breaking innovations in elliptic curve cryptography […] that years later were recognized and selected by the designers of Bitcoin,” the filings state. Read more

Texas Representative Brandon Gill faces scrutiny after filing late disclosures for $500,000 in Bitcoin trades, as questions over timing and STOCK Act violations arise. Texas Republican Representative Brandon Gill is facing scrutiny after filing late disclosures for up to $500,000 in Bitcoin purchases, potentially violating federal law. Gill, a first-term House member known for his bill proposing President Donald Trump’s face on the $100 bill, has reported two Bitcoin (BTC) purchases, each valued between $100,001 and $250,000, made on Jan. 29 and Feb. 27. Both trades were disclosed weeks past the 45-day deadline required by the Stop Trading on Congressional Knowledge (STOCK) Act, a law aimed at curbing insider trading and financial conflicts among lawmakers, as first reported by OpenSecrets. Read more

Paris-based Blockchain Group acquired $68 million in Bitcoin, bringing its total holdings to 1,471 BTC amid rising institutional interest in crypto treasury strategies. Paris-based cryptocurrency firm Blockchain Group has acquired $68 million of Bitcoin, joining a growing wave of European institutions adding BTC to their balance sheets. The Blockchain Group, which claims to be Europe’s first Bitcoin treasury firm, has acquired 624 Bitcoin (BTC) for 60.2 million euros ($68.7 million). The latest acquisition brings the firm’s total holdings to 1,471 Bitcoin, or over $154 million, with a BTC yield of 1,097.6% YTD, the Blockchain Group announced in a June 3 X post.  Read more

Ripple’s RLUSD stablecoin will support the Dubai Land Department’s blockchain initiative to tokenize real estate title deeds on the XRP Ledger. The Dubai Financial Services Authority (DFSA), the financial regulator in charge of the Dubai International Financial Centre (DIFC), has approved Ripple’s RLUSD stablecoin.  Following the approval, DIFC companies can now use the RLUSD stablecoin for various virtual asset services. These may include payments, treasury management and services. The DIFC is a free economic zone and financial district that serves companies throughout the Middle East, Africa and South Asia. The financial zone had nearly 7,000 registered businesses by the end of 2024. Read more

BCP Technologies CEO says its new pound-backed stablecoin tGBP might be considered a “live proof-of-concept for future FCA stablecoin regulation.” BCP Technologies, a United Kingdom-registered cryptocurrency firm, has launched a new British pound-backed stablecoin. The company revealed the rollout of its Tokenised GBP (tGBP) stablecoin in an announcement shared with Cointelegraph on June 3. TGBP is now live on BCP Technologies-operated crypto trading platform, BCP Markets, and is available to customers who pass Know Your Customer checks, with major exchanges expected to list tGBP in the coming weeks. Read more

Fading Solana hype and rising institutional inflows are boosting Ether's fundamental strength. Key takeaways: A gold-like five-point breakout structure is making a strong case for an Ether price boom. Ether is also repeating its 2016–2017 fractal and could rally to $5,000–$6,000 if the pattern holds. Read more

Revolut’s new job listing reveals plans to build a crypto derivatives business from scratch, leveraging its 50 million-strong global customer base. Update (June 3, 2025, 11:45 am UTC): This article has been updated to include comments from Revolut. Fintech giant Revolut appears to be gearing up for a move into the crypto derivatives market as a new job posting hints at plans to build the business from scratch. A recent listing for a “General Manager (Crypto Derivatives)” role shows that Revolut is actively recruiting in London, Barcelona and Dubai. The position would oversee the end-to-end launch of the derivatives platform, from product architecture and trading infrastructure to regulatory compliance and commercial strategy. Read more

ConSensys has acquired Web3Auth, which it says will help it improve the user experience for its popular MetaMask crypto wallet. 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 risks in self-custody today: seed phrase management.” It claimed that 35% of crypto wallet users are at risk of losing their funds as they do not keep a backup of their seed phrase — a string of up to 24 words that allows full access and control of a wallet. Read more

The foundation's new "Protocol" division focuses on immediate scaling goals, while some researchers are set to leave the organization.

The Australian regulator has refused one crypto ATM provider’s license and imposed transaction caps across the sector.

Rep. Brandon Gill disclosed two sizable Bitcoin trades months past the legal deadline, raising fresh scrutiny of crypto-investing lawmakers.

Coinbase reportedly knew of a January data leak at outsourcing firm TaskUs, tied to a wider breach and a $20 million extortion attempt.

The company said its new preferred stock offering comes after the successful Strike and Strife issuances earlier this year.

The internet's notorious ‘Pliny the Prompter’ has partnered with HackAPrompt 2.0 to turn AI jailbreaking into a competitive sport.

Solana, XRP and Dogecoin have trailed Bitcoin as trade tensions and weak retail demand fuel a broader crypto pullback.

Robinhood has acquired the world’s longest-running crypto exchange, Bitstamp, for $200 million, expanding its institutional crypto offerings to Europe, the UK and Asia. Robinhood Markets, Inc. has closed a $200 million acquisition of Luxembourg-based crypto exchange Bitstamp, adding over 50 licenses and registrations and an established institutional client base to its crypto arm. The $200 million consideration was unchanged from an initial agreement in June 2024 and was paid entirely in cash, Robinhood said on June 2. Bitstamp serves over 5,000 institutional clients and 50,000 retail customers, with most of its trading volume driven by its institutional base.  Read more