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Found 598 news

  • X and Polymarket partner up to bring decentralized prediction markets to social media
    CryptoSlate - 17:41 Jun 06, 2025
    Polymarket, the decentralized prediction platform known for its election forecasting accuracy, has been named the official prediction market partner of X, the social media company owned by Elon Musk. The partnership, announced on June 6, signals a growing role for markets in shaping public understanding of news, politics, and real-world outcomes. Polymarket celebrated the partnership […] The post X and Polymarket partner up to bring decentralized prediction markets to social media appeared first on CryptoSlate.
    Tags: Polymarket
  • Yuga moves to kill ApeCoin DAO, transfer $168M in assets to new entity
    CryptoSlate - 15:00 Jun 06, 2025
    Yuga Labs has proposed dissolving the ApeCoin DAO and replacing it with a new governing body, ApeCo. This would mark a decisive shift in the management structure of one of Web3’s most recognizable token communities. Filed as an AIP proposal on June 5, the plan would sunset the DAO and transfer all major assets, including […] The post Yuga moves to kill ApeCoin DAO, transfer $168M in assets to new entity appeared first on CryptoSlate.
    Tags: ApeCoin Yuga
  • Institutional Bitcoin ETF holdings decline while direct corporate BTC reserves gain traction
    CryptoSlate - 14:10 Jun 06, 2025
    Institutional allocations to spot Bitcoin ETFs declined for the first time since their introduction, according to Q1 2025 13F filings. However, corporate Bitcoin ownership shows little sign of declining overall. The data marks a shift from the strong initial inflows that followed the funds’ January 2024 launch, as hedge funds reduced exposure and the futures-based […] The post Institutional Bitcoin ETF holdings decline while direct corporate BTC reserves gain traction appeared first on CryptoSlate.
    Tags: Institutional Bitcoin ETF
  • Profit-taking, not capitulation: institutions cut Bitcoin ETF exposure by 23% in Q1
    CryptoSlate - 23:00 Jun 05, 2025
    Institutional investors cut Bitcoin (BTC) allocations in US-based spot exchange-traded funds (ETFs) during the first quarter after hedging profits waned and futures premiums compressed, a June 5 CoinShares report showed. The report assessed 13-F filings from asset managers with at least $100 million in assets under management. These investors reported $21.2 billion in Bitcoin ETF […] The post Profit-taking, not capitulation: institutions cut Bitcoin ETF exposure by 23% in Q1 appeared first on CryptoSlate.
    Tags: Bitcoin Profit-taking
  • Bitcoin bulls must guard key $95.6k support as veteran holders cash in on gains
    CryptoSlate - 22:15 Jun 05, 2025
    Bitcoin (BTC) is suffering pressure from veteran holders securing gains and must hold the key $95,600 support level to remain bullish if it breaks below six-figures, according to a June 5 report by Glassnode. The report highlighted that after breaking below $103,700, the next major level of support is the psychological price level of $100,000 […] The post Bitcoin bulls must guard key $95.6k support as veteran holders cash in on gains appeared first on CryptoSlate.
    Tags: Bitcoin
  • WLFI issues cease and desist notice to creators of ‘Official Trump Wallet’
    CryptoSlate - 21:22 Jun 05, 2025
    World Liberty Financial (WLFI), the crypto venture associated with President Donald Trump and members of his family, has issued a cease-and-desist letter to the creators of a newly announced Trump-branded crypto wallet, Bloomberg News reported on June 5, citing a person familiar with the matter. The letter, reportedly sent to Fight Fight Fight LLC, the […] The post WLFI issues cease and desist notice to creators of ‘Official Trump Wallet’ appeared first on CryptoSlate.
    Tags: WLFI Official Trump Wallet
  • Uber eyes stablecoins for faster settlements, lower FX costs for global operations
    CryptoSlate - 20:43 Jun 05, 2025
    Uber is exploring dollar-pegged stablecoins as a tool for transferring funds across its global network, CEO Dara Khosrowshahi said on June 5 at the Bloomberg Tech conference in San Francisco.  Khosrowshahi explained that blockchain-based tokens could settle payments faster than traditional correspondent bank channels and eliminate layers of foreign exchange fees.  He said that stablecoins […] The post Uber eyes stablecoins for faster settlements, lower FX costs for global operations appeared first on CryptoSlate.
    Tags: Uber
  • Bitcoin dives below $102k amid fading momentum and macro uncertainty
    CryptoSlate - 20:09 Jun 05, 2025
    Bitcoin (BTC) plunged to a low of $101,500 on June 5, marking its sharpest decline in over a month as a wave of selling swept through crypto markets. The drop extended a multi-day slide triggered by shifting investor sentiment and declining demand from institutions. The world’s largest cryptocurrency touched a low of $101,500 before stabilizing […] The post Bitcoin dives below $102k amid fading momentum and macro uncertainty appeared first on CryptoSlate.
    Tags: Bitcoin
  • Circle stock price skyrockets 234% in less than 30 minutes causing multiple trading halts
    CryptoSlate - 19:11 Jun 05, 2025
    Circle’s (CRCL) shares more than tripled minutes into their New York Stock Exchange debut on June 5, touching $103.75 less than 30 minutes following its launch and resulting in several volatility halts. The price peak is 234% above the initial public offering (IPO) price of $31, which captured over $1 billion by selling 34 million […] The post Circle stock price skyrockets 234% in less than 30 minutes causing multiple trading halts appeared first on CryptoSlate.
    Tags: Circle
  • Anthropic CEO calls for AI transparency, argues against Trump bill’s decade-long state regulatory freeze
    CryptoSlate - 18:29 Jun 05, 2025
    Anthropic CEO Dario Amodei urged US lawmakers to write transparency rules for artificial intelligence companies instead of granting a decade-long freeze on state regulation proposed in President Donald Trump’s technology bill. In a June 5 guest essay in The New York Times, Amodei described an internal evaluation in which Anthropic’s newest model threatened to expose […] The post Anthropic CEO calls for AI transparency, argues against Trump bill’s decade-long state regulatory freeze appeared first on CryptoSlate.
    Tags: Anthropic Trump
  • Coinbase data breach spills offline as victims get scam mail
    CryptoSlate - 17:47 Jun 05, 2025
    The fallout from Coinbase’s recent data breach has reached a troubling new phase as victims report receiving fraudulent physical letters in the mail, exploiting their exposed personal information to advance a credit protection scam. The Block founder Mike Dudas sounded the alarm in a social media post on June 5, warning that he received a […] The post Coinbase data breach spills offline as victims get scam mail appeared first on CryptoSlate.
    Tags: Coinbase
  • VerifiedX Launches Vault Accounts – Setting a New Standard for Bitcoin Security
    CryptoSlate - 16:00 Jun 05, 2025
    VerifiedX, the pioneering decentralized Layer 1 blockchain protocol, has officially launched Vault Accounts, a groundbreaking on-chain custody solution that redefines crypto security and user control — particularly for Bitcoin holders. Unlike traditional custodial wallets or smart contract-based solutions, Vault Accounts are fully native to the VerifiedX network, offering an unmatched suite of features including time-locked […] The post VerifiedX Launches Vault Accounts – Setting a New Standard for Bitcoin Security appeared first on CryptoSlate.
    Tags: VerifiedX Launches Vault Accounts Bitcoin Security Setting New Standard
  • Circle makes Wall Street debut as first major stablecoin issuer on NYSE
    CryptoSlate - 15:27 Jun 05, 2025
    Circle, the issuer of the USDC stablecoin, officially began trading on the New York Stock Exchange (NYSE) on June 5 under the ticker symbol CRCL. The listing milestone marks a significant milestone for the firm as it becomes one of the few major crypto-native companies to go public through a traditional listing. Circle CEO Jeremy […] The post Circle makes Wall Street debut as first major stablecoin issuer on NYSE appeared first on CryptoSlate.
    Tags: Circle Wall Street NYSE
  • Moroccan police arrests suspect behind recent crypto-related kidnappings in France
    CryptoSlate - 00:00 Jun 05, 2025
    Moroccan police have arrested a dual-national French-Moroccan man wanted for an alleged connection with a series of kidnappings in France that targetted individuals with crypto holdings, Reuters reported on June 4, citing a source familiar with the case. According to the source, Moroccan police identified the man as Bajjou Badiss Mohamed AmiDe, who is 24 […] The post Moroccan police arrests suspect behind recent crypto-related kidnappings in France appeared first on CryptoSlate.
    Tags: France Moroccan
  • Systemic risk on the rise as leverage interdependencies tighten between CeFi, DeFi and crypto treasuries
    CryptoSlate - 23:00 Jun 04, 2025
    Interconnections between centralized and decentralized crypto lending are heightening systemic risk, Galaxy Digital’s research arm said in a June 4 report on first-quarter borrowing data. The report estimated that as of March 31, over $39 billion in crypto-collateralized debt was outstanding across decentralized lending apps, centralized lenders, and crypto-backed stablecoin issuers. DeFi protocols accounted for […] The post Systemic risk on the rise as leverage interdependencies tighten between CeFi, DeFi and crypto treasuries appeared first on CryptoSlate.
    Tags: DeFi Systemic CeFi
  • Ethereum Foundation unveils comprehensive treasury plan to balance capital and privacy commitments
    CryptoSlate - 22:00 Jun 04, 2025
    Ethereum Foundation has released a sweeping update to its treasury management strategy, signaling a more mature, structured approach to capital allocation amid ETH’s growing global influence and rising institutional scrutiny. The new framework, published on June 4, outlines how the foundation will manage reserves, deploy capital in DeFi protocols, and assess privacy standards, while maintaining […] The post Ethereum Foundation unveils comprehensive treasury plan to balance capital and privacy commitments appeared first on CryptoSlate.
    Tags: Ethereum Foundation
  • Brazil’s central bank plans to use CBDC data to guide interest rate decisions
    CryptoSlate - 21:00 Jun 04, 2025
    Brazil’s Central Bank plans to treat transaction data from its central bank digital currency (CBDC) infrastructure, called Drex, as a direct input for setting the country’s interest rate benchmark. Central bank executive Henrique Videira said on June 4 at the Token Nation conference in São Paulo that every payment and asset transfer recorded on Drex’s […] The post Brazil’s central bank plans to use CBDC data to guide interest rate decisions appeared first on CryptoSlate.
    Tags: CBDC Brazil
  • Circle set to exceed IPO expectations after overwhelming investor demand
    CryptoSlate - 20:21 Jun 04, 2025
    Circle is poised to price its initial public offering above its marketed range after receiving investor orders for more than 25x the number of shares available, Bloomberg reported on June 4, citing people familiar with the matter. The stablecoin issuer and its backers are offering 32 million shares at a price range of $27 to […] The post Circle set to exceed IPO expectations after overwhelming investor demand appeared first on CryptoSlate.
    Tags: Circle
  • US-based ETFs offering staking set for growth despite some regulatory, macro tailwinds
    CryptoSlate - 19:51 Jun 04, 2025
    Upcoming exchange-traded funds (ETFs) that integrate staking yields stand to benefit significantly as US lawmakers and regulators clarify the legal status of on-chain rewards, according to a June 3 report. The report noted points to two parallel policy moves. First, the US Securities and Exchange Commission (SEC) confirmed on May 29 that staking does not […] The post US-based ETFs offering staking set for growth despite some regulatory, macro tailwinds appeared first on CryptoSlate.
    Tags: US-based ETFs
  • RIAs surpass hedge funds in Bitcoin ETF holdings, manage over $10 billion in BTC
    CryptoSlate - 19:15 Jun 04, 2025
    New data from the latest 13F filings reveals a sharp increase in institutional interest in spot Bitcoin ETFs, with registered investment advisors (RIAs) emerging as the dominant players. Bloomberg’s senior ETF analyst, Eric Balchunas, highlighted that RIAs have now taken the lead among institutional holders of Bitcoin ETFs. Collectively, this group holds exposure to more […] The post RIAs surpass hedge funds in Bitcoin ETF holdings, manage over $10 billion in BTC appeared first on CryptoSlate.
    Tags: Bitcoin RIAs

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