Crypto

Creditor payments via BitGo and Kraken are expected within three business days amid shifting market conditions.

Spot Bitcoin ETF flows play a key role in the asset’s price action, but macroeconomic and geopolitical concerns are also impacting investors’ choice to buy BTC. Key takeaways: Bitcoin demand is driven by investors’ macroeconomic fears, not just spot BTC ETF netflows. Global bond market volatility is boosting Bitcoin’s safe-haven appeal, with interest rate cuts and rising inflation triggering a shift into risk assets. Read more

Czech Justice Minister Pavel Blažek resigned on May 30 after his ministry sold roughly $45 million in Bitcoin (BTC) that a man convicted of drug trafficking had donated. According to local media reports, a state wallet received more than 480 BTC. Officials immediately liquidated the amount for almost one billion Czech koruna, worth over $45 […] The post Czech Justice Minister resigns after selling $45M Bitcoin gift from convict appeared first on CryptoSlate.

Canary's move to expose U.S. investors to Cronos (CRO) comes soon after Crypto.com revealed a Trump Media team-up.

MEXC chief operating officer Tracy Jin said the fraud was primarily caused by social engineering scams targeting new, uneducated users. The MEXC crypto exchange observed a 200% quarter-over-quarter surge in fraudulent trading activity between January and March 2025, it said in its quarterly report. According to the exchange, 80,057 organized fraud attempts from over 3,000 fraud syndicates were identified in Q1. The fraudulent activity included market manipulation, wash trading, and automated trading bots exploiting users through “unfair” trading execution. MEXC said that the rise in fraud was most pronounced in India, with the exchange flagging nearly 27,000 accounts for suspicious activity, followed by the Commonwealth of Independent States (CIS) region and Indonesia, which had 6,404 and 5,603 accounts flagged, respectively. Read more

Ahead of the UCL final, PSG confirms Bitcoin holdings in its books, joining the growing BTC adoption wave.

Bitcoin’s drop below $104,000 puts the asset into a consolidation phase where even lower lows could be tested. Key points: Bitcoin’s bullish momentum has weakened, raising the chance of a correction to $100,000. Altcoins are likely to follow Bitcoin price and consolidate near their most immediate support levels. Read more

Coinbase Institutional is expanding its derivatives offering with the launch of 24/7 trading for XRP and Solana futures, starting June 13. According to a May 29 statement, the move aims to provide real-time access for US institutional investors, aligning with the non-stop nature of global crypto markets. Derivatives push The new offering allows investors to […] The post Coinbase adds 24/7 trading for XRP and Solana futures amid derivatives expansion appeared first on CryptoSlate.

DeFi’s decentralization debate rages on after the Sui community voted to return the $162 million frozen during the Cetus exploit. A $200 million-plus exploit targeting Cetus, a decentralized exchange on the Sui network, has reignited debate over decentralization in blockchain protocols after Sui validators collectively froze $162 million of the stolen funds. Some decentralization advocates called foul, criticizing Sui validators’ ability to pause fund transfers on the blockchain as a sign of centralization. Other investors applauded the rapid response and coordination against the attackers. Industry watchers are now waiting for Cetus to initiate its recovery roadmap after the Sui governance vote for returning the frozen $162 million was passed on May 29. Read more

The Tornado Cash developer is slated to go on trial later this summer.

Two detectives have faced modified duty as NYPD inspectors examine claims they moonlighted for alleged crypto criminals who kidnapped and tortured an Italian businessman in a SoHo apartment. One officer reportedly drove the victim from the airport before the weeks-long ordeal began. The post Two NYPD Allegedly Officers Caught in Crypto Kidnapping Storm, Duties Curtailed appeared first on Cryptonews.

Trump Media's planned Bitcoin acquisition could make the president’s company one of the biggest holders of BTC on Wall Street.

The crypto market wobbled after Trump accused China of violating a tariff truce.

BTC lost almost $2,000 in an hour as Donald Trump claims China violated trade agreements.

Trump Media & Technology Group confirmed the close of a $2.44 billion private placement on May 29 to fund a sweeping Bitcoin (BTC) treasury strategy. The deal, involving approximately 50 institutional investors, includes the sale of 55.9 million shares of common stock at $25.72 per share and $1 billion in 0% convertible senior secured notes […] The post Trump Media aims for top Bitcoin holder status after closing $2.44 billion investment appeared first on CryptoSlate.

JD.com has entered Phase 2 of Hong Kong’s stablecoin sandbox with a fiat-pegged token aimed at cross-border payments, enterprise settlement and retail use. The firm cites supportive regulation and plans a wider launch after compliance checks, urging users to avoid unofficial purchase offers. The post JD.com Stablecoin Hits Phase 2 Hong Kong Sandbox Testing and Targets Global Payments appeared first on Cryptonews.

Shifts in crypto regulation have unfolded: Trump’s meme-coin dinner prompted calls for a DOJ probe; banks challenged the SEC’s cyber-incident rule; Labor reversed its 401(k) crypto warning; the SEC ended its Binance case; and officials debate Bitcoin reserves and volatile oversight. The post Crypto Regulation Chaos: Trump Dinner, $2.5B Bitcoin Play, SEC Drops Binance Suit appeared first on Cryptonews.

NRPL data shows modest profit realization, but no strong signals of a bearish trend forming in the market.

In the latest episode of Decentralize with Cointelegraph, experts break down how crypto op-eds are influencing public perception, policy and the future of Web3 storytelling. As the crypto industry matures and public perception becomes more critical to adoption and regulation, opinion pieces, often dismissed as hot takes, are emerging as powerful tools in shaping the Web3 narrative. In the latest episode of Decentralize with Cointelegraph, we sit down with three insider voices to explore the evolving role of opinion in crypto media: Cath Jenkin, opinion editor at Cointelegraph; Nikki Brown, chief strategy officer of Melrose PR; and Amal Ibraymi, legal counsel at Aztec Network. The discussion highlights the growing strategic value of op-eds in crypto media — not only as vehicles for thought leadership but as instruments of influence.  Read more

Seoul Central District Court has dismissed Wemade’s injunction, clearing WEMIX for delisting from Korean exchanges on June 2. Following a February hack, transparency concerns linger. Wemade has apologized, pledged tighter security, and will keep withdrawals open until July 2 while planning recovery. The post WEMIX Faces June 2 Delisting After Court Ruling – Can the Gaming Token Bounce Back? appeared first on Cryptonews.