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Found 917 news

  • WazirX exits Singapore, moves to Panama after court ruling
    Cointelegraph.com - 13:24 Jun 04, 2025
    India-focused crypto exchange WazirX is relocating operations to Panama and rebranding its parent company as Zensui. India-serving but Singapore-based crypto exchange WazirX is moving its operations to Panama after local courts declined to approve the firm’s restructuring plan. In an email sent to its users, WazirX shared recent redacted legal documents outlining the move. One of the documents revealed that WazirX’s parent company, Zettai, will move to Panama and rebrand. “Zettai has taken steps to incorporate a subsidiary, Zensui Corporation […] in the Republic of Panama, and has been preparing for the transfer of the operations of the Platform’s cryptocurrency-related services to Zensui,“ the document said. Read more
  • BlackRock’s Bitcoin ETF futures debut in Moscow as fund hits top 25
    Cointelegraph.com - 12:55 Jun 04, 2025
    Since the IBIT ETF futures are only available to accredited investors, the latest crypto developments in Russia left many retail players unimpressed. Moscow Exchange (MOEX), Russia’s largest stock exchange, launched futures trading for BlackRock’s iShares Bitcoin Trust ETF (IBIT), as the fund climbed into the world’s top 25 ETFs by assets under management (AUM). MOEX introduced a futures contract tied to IBIT on June 4, according to an announcement by the exchange. The new investment product is accessible exclusively to accredited investors, with MOEX planning to introduce qualification testing from June 23. Read more
  • Blockchain and AI could fuel $3.5T DePIN market boom by 2028: WEF
    Cointelegraph.com - 12:23 Jun 04, 2025
    The decentralized physical infrastructure network market could surge to $3.5 trillion by 2028 as AI and blockchain converge, according to a new World Economic Forum report. The growing convergence of blockchain and artificial intelligence could see the decentralized physical infrastructure network (DePIN) market soar past $3.5 trillion in the next three years, according to the World Economic Forum (WEF). DePIN merges blockchain technology with community-owned physical infrastructure to create decentralized networks where participants can contribute resources in exchange for cryptocurrency. “Currently valued at $30 billion-$50 billion with over 1,500 active projects worldwide, this relatively new sector is projected to grow to $3.5 trillion by 2028,” the report said. Read more
    Tags: DePIN
  • Bitcoin trader says $107.5K 'vital' zone for new all-time highs
    Cointelegraph.com - 12:15 Jun 04, 2025
    Bitcoin traders set the stage for a volatile breakout with liquidity amassing above and below the spot price, and eyes are on the road to new all-time highs. Key points: Bitcoin trades between increasingly thick bands of liquidity as traders await a breakout. Above current spot price lies a particularly important area for bulls when it comes to new all-time highs, analysis says. Read more
    Tags: Bitcoin
  • Binance cracks down on bot activity in Alpha token program
    Cointelegraph.com - 11:39 Jun 04, 2025
    Binance is cracking down on bot abuse in its Alpha Points early-access program after detecting coordinated bot farming activity. Binance has identified and moved to restrict the use of bots exploiting Alpha, its early-access token distribution system, the exchange said on June 4. In a post, Binance said it had “recently detected certain groups using bots to participate in Alpha activities, which undermines the fairness of the Binance Alpha Points program.” It added that it had taken measures to halt the activity. “We have upgraded our risk control systems to enhance the detection and handling of such behavior,“ the exchange said. Binance said any use of bots will be treated as a violation by the exchange. The company also said that it “reserves the right to revoke the Binance Alpha Points eligibility of accounts involved in such activities and may impose further restrictions where necessary.” Read more
  • Ether poised for 'significant breakout' as ETH price strengthens vs BTC
    Cointelegraph.com - 11:05 Jun 04, 2025
    Ether’s price is up 46% in the past 30 days, and analysts say continued demand for spot Ethereum ETFs and strengthening structure may trigger a breakout. Key takeaways: Ether's price is up 46% in 30 days. ETH/BTC is up 30% in the past month, signaling stronger demand for Ether. Read more
    Tags: Ether
  • $2.1B crypto stolen in 2025 as hackers shift focus from code to users: CertiK
    Cointelegraph.com - 10:25 Jun 04, 2025
    Hackers are moving from smart contract vulnerabilities to exploiting human behavioural weaknesses, according to the co-founder of Web3 cybersecurity firm CertiK. Cryptocurrency hackers are moving away from exploiting smart contract vulnerabilities and targeting users through social engineering schemes, Web3 cybersecurity company CertiK said. More than $2.1 billion has been stolen in cryptocurrency-related attacks so far in 2025, with the bulk of losses coming from wallet compromises and phishing attacks, according to CertiK. Crypto phishing attacks are social engineering schemes where attackers share fraudulent links to steal victims’ sensitive information, such as the private keys to crypto wallets. Read more
    Tags: CertiK
  • Pump.fun token rumors mount as protocol revenue drops 66%
    Cointelegraph.com - 09:56 Jun 04, 2025
    Pump.fun has yet to confirm or deny rumors of a $1 billion token sale and 10% airdrop, but the community is split on whether the potential launch would help or harm the crypto space. Solana-based memecoin launchpad Pump.fun is rumored to be preparing for a $1 billion token sale at a $4 billion valuation. On June 3, a community member posted on X about a Pump.fun token launch within the next two weeks, with listings on multiple centralized exchanges and a 10% airdrop allocated to community members. Speculation intensified following a Blockworks report citing anonymous sources saying the launchpad — known for its instant token creation feature — would raise $1 billion through a token sale. The report claimed three sources confirmed the sale would be valued at $4 billion. Read more
    Tags: Pump
  • 61 publicly listed companies hold over 3% of total Bitcoin supply
    Cointelegraph.com - 09:51 Jun 04, 2025
    At least 60 Bitcoin strategy adopters among publicly listed companies collectively doubled BTC holdings in the past two months, outstripping the buying speed of Michael Saylor’s Strategy. Update (June 4, 1:00 pm UTC): This article’s headline and the piece have been updated to emphasize that Standard Chartered’s sample included 61 out of a total of 124 publicly listed companies that have adopted Bitcoin treasury strategies, as reported by BitcoinTreasuries. The Bitcoin reserve strategy trend has led to 61 publicly listed firms now holding a combined 3.2% of all Bitcoin that will ever exist, according to Standard Chartered. Just 61 public companies out of a total of 124 now own a combined 673,897 Bitcoin (BTC), Standard Chartered’s global head of digital asset research, Geoff Kendrick, said in a June 3 report shared with Cointelegraph. Read more
    Tags: Bitcoin
  • Pakistan reveals Bitcoin reserve plan to Trump’s crypto team at White House
    Cointelegraph.com - 09:22 Jun 04, 2025
    Pakistan’s crypto minister met with Trump’s digital asset leadership to promote cross-border cooperation and outline Bitcoin-powered infrastructure plans. Pakistan’s minister of state for crypto and blockchain, Bilal Bin Saqib, met with Robert “Bo” Hines, executive director of US President Donald Trump’s Council on Digital Assets, during a visit to the White House. The meeting focused on boosting cooperation between Pakistan and the United States in the digital assets space. Discussions covered a broad range of topics, including Bitcoin (BTC), potential partnerships and the future of decentralized finance, according to a report by 24NewsHD TV. One key area of dialogue was Pakistan’s newly announced Strategic Bitcoin Reserve. “It is my mission to position Pakistan as a global leader in digital assets,” Saqib said after the meeting. Read more
  • The AI arms race could destroy humanity as we know it
    Cointelegraph.com - 09:00 Jun 04, 2025
    The AI arms race is moving too fast for safety, with companies pushing boundaries and governments lagging. AI-driven dehumanization and the unchecked proliferation of autonomous weapons require responsible leadership before it’s too late. Opinion by: Merav Ozair, PhD The launch of ChatGPT in late 2023 sparked an arms race among Big Tech companies such as Meta, Google, Apple and Microsoft and startups like OpenAI, Anthropic, Mistral and DeepSeek. All are rushing to deploy their models and products as fast as possible, announcing the next “shiny” toy in town and trying to claim superiority at the expense of our safety, privacy or autonomy. After OpenAI’s ChatGPT spurred major growth in generative AI with the Studio Ghibli trend, Mark Zuckerberg, Meta’s CEO, urged his teams to make AI companions more “humanlike” and entertaining — even if it meant relaxing safeguards. “I missed out on Snapchat and TikTok, I won’t miss out on this,” Zuckerberg reportedly said during an internal meeting. Read more
  • Trump-linked asset manager files Truth Social Bitcoin ETF with SEC
    Cointelegraph.com - 00:15 Jun 04, 2025
    A Bitcoin ETF branded with Donald Trump’s social media platform, Truth Social, is seeking a green light from the Securities and Exchange Commission. US President Donald Trump’s sprawling crypto empire could grow even larger, as filings show plans for a Bitcoin exchange-traded fund (ETF) branded with his social media platform, Truth Social. Stock exchange NYSE Arca filed for the Truth Social Bitcoin ETF with the Securities and Exchange Commission on June 3 on behalf of crypto asset manager Yorkville America Digital, a partner of Truth Social’s owner, Trump Media & Technology Group. Trump is the majority owner of Trump Media, but moved his shares into a trust controlled by his son, Donald Trump Jr., before he re-entered the White House. Read more
  • US military leadership to back Bitcoin strategic reserve — Senator Lummis
    Cointelegraph.com - 22:00 Jun 03, 2025
    The Senator’s comments addressed the tensions between the US and China, citing US generals based in Southeast Asia. US Senator Cynthia Lummis has indicated that certain divisions within the American military are backing the idea of a national Bitcoin reserve to address threats from economic wars. During a Bloomberg interview on June 3, Lummis said that some US generals, especially those based in Southeast Asia, support the idea of storing BTC as part of a strategic geopolitical move. “All we need to do is look to the leadership of the current US military to find support for a strategic Bitcoin reserve,” Lummis said, adding that: Read more
    Tags: Bitcoin
  • CleanSpark ramps up Bitcoin mining by 9% in May, boosts hash rate, power capacity
    Cointelegraph.com - 21:30 Jun 03, 2025
    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
  • Tokenized funds are scaling fast, hitting $5.7B — Moody’s
    Cointelegraph.com - 19:15 Jun 03, 2025
    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
  • Classover signs $500M convertible note deal for Solana reserve
    Cointelegraph.com - 17:41 Jun 03, 2025
    The K-12 education company has up to $900 million to purchase Solana tokens. Classover, a K-12 education company, has announced a move into crypto through the creation of a Solana reserve. The company plans to issue up to $500 million in senior convertible notes, with 80% of the proceeds allocated to purchasing Solana (SOL). The move follows a growing pattern of companies expanding into crypto-related strategies along with their core businesses. According to a June 2 announcement, Classover has already purchased 6,472 SOL worth approximately $1.1 million to start its reserve. The issuance of $500 million in convertible notes comes through a partnership with Solana Growth Ventures. Read more
  • Retail is back, but not where you think — Bitget COO
    Cointelegraph.com - 16:10 Jun 03, 2025
    Vugar Usi Zade dispelled the myth that retail investors are no longer interested in Bitcoin and cryptocurrency. Despite the widespread belief that retail investors have exited the cryptocurrency space, that’s not the case. According to Vugar Usi Zade, chief operating officer of Bitget, they’ve simply changed their approach. In an interview with Cointelegraph at the Consensus conference in Toronto, Canada, Usi Zade explained that retail trading has shifted away from rampant speculation and toward more practical and sustainable use cases.  He attributes this change, in part, to lingering PTSD from the last crypto market cycle, as well as broader macroeconomic uncertainty fueled by the Trump administration, which has placed downward pressure on risk assets throughout 2025. Read more
    Tags: Bitget
  • Crypto policy trends to watch in 2025: Privacy, development and adoption
    Cointelegraph.com - 15:45 Jun 03, 2025
    As crypto goes mainstream, regulation is no longer a distant threat or bureaucratic detail — it’s the new foundation. Crypto regulation is becoming a foundational part of how digital assets function globally. Crypto regulation is the evolving rulebook that defines how digital assets are built, traded and used. It spans everything from tax rules and Anti-Money Laundering (AML) checks to licensing, custody standards and protecting users in the fast-moving world of crypto. Read more
    Tags: Crypto
  • Bitcoin taps $106K liquidity as bulls defend price with $260M bid
    Cointelegraph.com - 15:11 Jun 03, 2025
    BTC price action is already hunting liquidity immediately above price as support thickens, but market analysis doubts that new highs will come this week. Key points: Bitcoin seeks to take liquidity around $106,000 as traders hope for a sustained price recovery. Significant support is in place down to $97,000, boosting the odds of price holding. Read more
    Tags: Bitcoin
  • DeFi must go back to its P2P roots to gain mass adoption
    Cointelegraph.com - 15:00 Jun 03, 2025
    To achieve true mass adoption, DeFi must return to its P2P origins, empower people with permissionless interactions, and restore the transparency that early DeFi promised. Opinion by: Jean Rausis, co-founder of SmarDex Decentralized finance (DeFi) began with a clear vision: to enable a global, permissionless financial system built on peer-to-peer (P2P) transactions, free from the constraints of traditional finance (TradFi).  Early decentralized lending platforms embraced that vision by connecting lenders and borrowers directly, allowing them to negotiate their terms without TradFi’s rigidities.  Read more
    Tags: DeFi

917 items