Crypto

As part of its growing Solana embrace, including a nearly $100 million treasury, DeFi Development Corp. now has its own liquid staking token.

Summer Mersinger has begun a new chapter as CEO of the Blockchain Association after serving as a CFTC commissioner. She has urged united pro-crypto efforts across Congress, the executive branch and regulators, and will outline priorities at the Association’s Washington Summit Series on June 5. The post Summer Mersinger Leaps From CFTC to Lead Blockchain Association Amid Crypto Unity Push appeared first on Cryptonews.

Tether and Bitfinex transferred 21,000 Bitcoins (BTC) to designated wallets on June 2, completing their agreed contributions to Twenty One Capital. Tether CEO Paolo Ardoino wrote that Bitfinex sent 7,000 BTC, while Tether Group moved 14,000 BTC.  Furthermore, Tether moved 4,812.22 BTC as prefunding for Twenty One’s convertible-equity raise. The holdings matched a May 13 […] The post Tether, Bitfinex complete Bitcoin funding leg for Twenty One Capital with $2B transfer appeared first on CryptoSlate.

Toncoin has endured a 67% drop from its January peak, with losses deepening after Telegram founder Pavel Durov’s arrest, Elon Musk’s denial of a $300M xAI partnership and a 40-minute chain outage. While RSI divergence and a channel break hint at upside, failure to clear $4.26 may invite selling. The post Toncoin Slumps 52% in 2025 – Is the Telegram-Linked Token Doomed or Primed for a Comeback? appeared first on Cryptonews.

Cedar Innovation Foundation Poll has shown broad bipartisan appetite for updated digital-asset rules: 58 % of voters want Congress to craft crypto-specific laws, including solid majorities of Democrats, independents, Republicans and 55 % of voters of color as the Senate weighs the GENIUS Act. The post Public Pressure Mounts: Most Voters Want Stricter Crypto Laws, New Poll Finds appeared first on Cryptonews.

World Liberty Financial’s stablecoin USD1 surpassed $10 billion in transfer volume just 10 days following its listing on Binance, according to data from Artemis. From May 22 to June 1, the stablecoin traded $10.7 billion in volume, surpassing the total transfers from its inception until May 21. The stablecoin is native to World Liberty Finance, […] The post WLFI’s stablecoin USD1 surpasses $10B in transfers within 10 days of Binance listing appeared first on CryptoSlate.

ASICKey ranked states by tax policy, crypto jobs, and infrastructure; New Hampshire and Wyoming lead the pack.

Bitcoin holds at $104K amid Pakistan’s reserve rumors, Czech scandal, and South Korea’s crypto push. Breakout to $109K or reversal? Let’s dive in. The post Bitcoin Price Prediction: $104K in Play, $109K Target Looms Amid Global Shakeups appeared first on Cryptonews.

Buterin backs a slow, steady 10x L1 scaling for Ethereum, focusing on decentralization and future upgrades.

BitoPro has suffered a $11.5M drain across Ethereum, Tron and Solana after hackers accessed an exposed wallet during a May 8 upgrade. The exchange has said its reserves are adequate but waited three weeks to confirm the breach, reviving concerns over disclosure standards among centralized venues. The post Taiwan-Based Exchange BitoPro Suffers $11.5 Million Hack, User Funds Unaffected appeared first on Cryptonews.

Hong Kong-Based Reitar Logtech joins a growing list of companies looking to build Bitcoin treasuries.

Cardano's native token faces critical technical test amid global economic tensions and regulatory uncertainty.

CertiK has detailed a $302m toll from scams, hacks and exploits in May 2025, a 16.94% month-on-month drop. However, code vulnerabilities have drained $229.6m alone—a 4,483% leap—while DeFi platforms have seen $241m stolen despite a sharp fall in phishing. The post CertiK Says $302M Lost to Web3 Scams, Hacks, and Exploits in May appeared first on Cryptonews.

Circle now forecasts that its stock will go for as much as $28 a share on Wall Street—a sign of increased investor interest in the stablecoin issuer's offering.

The company has $72 billion in cash on its balance sheet, but barely any of the 5 billion shares that voted were in favor of adding bitcoin.

Critics say the US regulator's new stance on crypto staking contradicts past enforcement efforts and court rulings, deepening confusion over how digital assets are regulated. The US Securities and Exchange Commission (SEC) is facing mounting criticism from current and former officials over its evolving stance on crypto staking services.  On May 29, the SEC’s Division of Corporation Finance issued new guidance on crypto staking services, claiming that certain offerings may not constitute securities and effectively exempting proof-of-stake blockchains from registration requirements under the Securities Act. However, the SEC's fresh interpretation may diverge from several federal court rulings, according to former SEC chief of Internet Enforcement, John Reed Stark. In a statement on X, Stark argued the Commission’s latest move contradicts judicial findings in high-profile cases against crypto exchanges Binance and Coinbase, where judges previously allowed allegations that staking products qualified as securities...

The largest risk for Bitcoin (BTC) in the event of a quantum computing breakthrough is the potential adaptation window to become resistant, VanEck’s head of digital assets research Matt Sigel wrote in a June 2 post on X. He said banks, tech platforms, and other blockchains face the same cryptographic weakness as Bitcoin does in […] The post VanEck warns of brief but critical ‘uncertainty window’ for Bitcoin to adapt to quantum threat appeared first on CryptoSlate.

Circle has boosted its IPO, offering 32 million shares at $27–28, which could raise $896 million and value the firm above $6 billion. Orders have topped supply, with BlackRock eyeing 10 % and Ark Invest up to $150 million as the company expands abroad. The post Circle Hikes IPO to $896M as BlackRock Demand Soars, Valuation Could Top $6B appeared first on Cryptonews.

Nasdaq-listed Reitar Logtech Holdings Ltd. is in advanced talks to acquire up to $1.5 billion worth of Bitcoin (BTC) as part of a strategic treasury diversification initiative aimed at supporting its global logistics technology expansion. According to the June 2 SEC filing, the proposed transaction, involving approximately 15,000 BTC, would be executed through a share […] The post Hong Kong-based Reitar Logtech poised for $1.5B Bitcoin plunge to boost logistics expansion appeared first on CryptoSlate.

The XAUt0 token will compete with other gold-backed stablecoins and traditional gold investment instruments. Tether announced a partnership with the TON Foundation to debut an omnichain version of its gold stablecoin XAUt (XAUT) on The Open Network (TON), in an effort to expand the token across ecosystems. The new token, “XAUt0,” was built on LayerZero’s Omnichain Fungible Token standard, which allows tokens to be transferred through blockchains without wrapping or middlechains. XAUt, the token’s non-omnichain version, is the largest gold stablecoin by market capitalization, with over $832 million, according to CoinGecko. It is closely followed by Paxos’s Pax Gold (PAXG), which holds a market cap of $811 million as of June 2. XAUt is available only on the Ethereum blockchain. Read more