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  • Eric Trump and Donald Trump Jr. deny involvement in Magic Eden’s ‘Trump Wallet’
    CryptoSlate - 19:38 Jun 03, 2025
    Eric Trump and Donald Trump Jr. denied involvement in Magic Eden’s June 3 announcement of a partnership to develop a “Trump Wallet.” On June 3, Magic Eden announced it was developing a new Trump wallet and shared a landing page with a public waitlist. The page promoted $1 million in TRUMP memecoin payouts through a […] The post Eric Trump and Donald Trump Jr. deny involvement in Magic Eden’s ‘Trump Wallet’ appeared first on CryptoSlate.
  • StanChart warns of potential liquidation risks for corporations adopting Bitcoin at high prices
    CryptoSlate - 18:34 Jun 03, 2025
    A growing number of public companies are buying Bitcoin (BTC) for their balance sheets, but many could be exposed to significant losses if prices drop, according to a new Standard Chartered report shared with CryptoSlate. The bank’s research, authored by head of digital assets research Geoffrey Kendrick, highlighted that 61 companies now hold Bitcoin in […] The post StanChart warns of potential liquidation risks for corporations adopting Bitcoin at high prices appeared first on CryptoSlate.
  • Binance founder CZ warns of Bitcoin treasury risks amid growing adoption
    CryptoSlate - 17:27 Jun 03, 2025
    Changpeng Zhao, founder and former CEO of Binance, has urged companies adopting Bitcoin as a treasury asset to fully understand the risks involved with the top crypto. In a June 3 post on X, Zhao acknowledged that risk is an unavoidable part of doing business, but emphasized the importance of assessing and managing it properly. According […] The post Binance founder CZ warns of Bitcoin treasury risks amid growing adoption appeared first on CryptoSlate.
  • US Bitcoin ETFs navigate $1.2 billion outflows amid European retail approval
    CryptoSlate - 14:15 Jun 03, 2025
    US-listed spot Bitcoin exchange-traded funds (ETFs) have entered a third consecutive day of outflows, shedding more than $1 billion. This trend reflects a shift in institutional sentiment as Bitcoin’s price continues to hover around the $105,000 mark without a clear breakout. US Bitcoin ETFs outflow Data from SoSoValue shows that the 12 US-listed spot Bitcoin […] The post US Bitcoin ETFs navigate $1.2 billion outflows amid European retail approval appeared first on CryptoSlate.
  • Bitcoin’s 8% correction flushed leverage but set stage for short term turbulence
    CryptoSlate - 23:30 Jun 02, 2025
    Bitcoin (BTC) dropped nearly 8% from its May 22 all-time high, near $112,000, ending a 50% climb over 45 days that began on April 7, when BTC reached its yearly low at $74,441.20. According to the June 2 “Bitfinex Alpha” report, a Court of Appeal decision reinstating disputed US import tariffs pushed 30-year Treasury yields […] The post Bitcoin’s 8% correction flushed leverage but set stage for short term turbulence appeared first on CryptoSlate.
    Tags: Bitcoin
  • Ethereum Foundation unites protocol teams to fast-track scaling, blobs and UX overhaul
    CryptoSlate - 22:45 Jun 02, 2025
    The Ethereum Foundation (EF) merged its protocol research and development units under a single banner, called Protocol, on June 2. The new initiative focuses resources on three technical priorities: scaling the base layer, expanding blob capacity for layer-2 networks, and enhancing the user experience. The three-track plan Protocol will steer code writers, researchers, and project […] The post Ethereum Foundation unites protocol teams to fast-track scaling, blobs and UX overhaul appeared first on CryptoSlate.
  • Justin Sun Takes Center Stage at Bitcoin Vegas 2025 with TRON DAO as Top Sponsor of Code + Country and Co-Host of Kraken’s Oceanic Night
    CryptoSlate - 22:11 Jun 02, 2025
    Geneva, Switzerland, June 2, 2025 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), participated in Bitcoin 2025, which took place May 27-29 in Las Vegas. TRON DAO kicked off the week as a top tier sponsor for Code + Country’s America 250 […] The post Justin Sun Takes Center Stage at Bitcoin Vegas 2025 with TRON DAO as Top Sponsor of Code + Country and Co-Host of Kraken’s Oceanic Night appeared first on CryptoSlate.
  • Russian giant Sberbank launches Bitcoin bonds to expand Russian exposure to crypto
    CryptoSlate - 22:00 Jun 02, 2025
    Sberbank, Russia’s largest lender, has introduced a new structured bond product offering exposure to Bitcoin (BTC), marking a significant step in integrating cryptocurrency-linked instruments into the country’s regulated financial ecosystem. The product, currently available on the over-the-counter market to a limited pool of qualified investors, allows returns based on the performance of Bitcoin’s US dollar […] The post Russian giant Sberbank launches Bitcoin bonds to expand Russian exposure to crypto appeared first on CryptoSlate.
  • Strategy unveils ‘Stride’ stock to fuel fixed-income expansion, boost Bitcoin holdings
    CryptoSlate - 21:15 Jun 02, 2025
    Strategy revealed on June 2 that it will offer 2.5 million shares of its 10% Series A Perpetual Stride Preferred Stock, branded “STRD,” to acquire more Bitcoin (BTC).  The STRD security carries a $100 initial liquidation preference and pays non-cumulative cash dividends at 10% a year when Strategy’s board declares them.  Strategy intends to use […] The post Strategy unveils ‘Stride’ stock to fuel fixed-income expansion, boost Bitcoin holdings appeared first on CryptoSlate.
  • Tether, Bitfinex complete Bitcoin funding leg for Twenty One Capital with $2B transfer
    CryptoSlate - 20:39 Jun 02, 2025
    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.
  • WLFI’s stablecoin USD1 surpasses $10B in transfers within 10 days of Binance listing
    CryptoSlate - 20:00 Jun 02, 2025
    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.
  • VanEck warns of brief but critical ‘uncertainty window’ for Bitcoin to adapt to quantum threat
    CryptoSlate - 18:32 Jun 02, 2025
    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.
  • Hong Kong-based Reitar Logtech poised for $1.5B Bitcoin plunge to boost logistics expansion
    CryptoSlate - 18:15 Jun 02, 2025
    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.
  • Circle boosts IPO amid strong investor interest, eyes $7.2B valuation
    CryptoSlate - 17:15 Jun 02, 2025
    Circle, the company behind the USDC stablecoin, has revised its IPO filing to reflect stronger-than-expected investor demand, according to a June 2 filing with the US Securities and Exchange Commission (SEC). The updated filing shows Circle now plans to issue 32 million Class A shares, up from the previously announced 24 million. It also raised […] The post Circle boosts IPO amid strong investor interest, eyes $7.2B valuation appeared first on CryptoSlate.
    Tags: Circle
  • Silk Road founder receives $31.4M BTC donation after bagging $1.8M in auction
    CryptoSlate - 02:00 Jun 02, 2025
    The founder of the darknet marketplace Silk Road, Ross Ulbricht, received 300 BTC, worth around $31.4 million, in a single donation from an unknown wallet, data from Arkham Intelligence shows.  Ulbricht, who was sentenced to life in prison, received a full and unconditional pardon from U.S. President Donald Trump on January 21. He was released […] The post Silk Road founder receives $31.4M BTC donation after bagging $1.8M in auction appeared first on CryptoSlate.
  • Nobel prize-winning economist says ‘stablecoins don’t serve any clearly useful function ’; Coinmetrics co-founder disagrees
    CryptoSlate - 23:49 Jun 01, 2025
    American economist Paul Krugman, who won the Nobel Prize in 2008, believes that stablecoins do not have any practical utility. In a May 30 blog post entitled ‘Digital Corruption Takes Over DC,’ Krugman opined that “stablecoins don’t serve any clearly useful function,” adding: “They [stablecoins] can’t be used to make ordinary purchases, and there’s nothing […] The post Nobel prize-winning economist says ‘stablecoins don’t serve any clearly useful function ’; Coinmetrics co-founder disagrees appeared first on CryptoSlate.
  • The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption
    CryptoSlate - 20:20 Jun 01, 2025
    Welcome to Slate Sundays, CryptoSlate’s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. Unlike the Coinbases, Fidelities, and Galaxies of the crypto world that frequently make the headlines, core infrastructure providers quietly building out the rails of […] The post The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption appeared first on CryptoSlate.
    Tags: Talos
  • IMF asks for urgent clarification from Pakistan over 2,000MW power allocation to Bitcoin mining
    CryptoSlate - 17:00 Jun 01, 2025
    The International Monetary Fund (IMF) wants Pakistan to urgently clarify its plans for allocating power to Bitcoin mining amid the country’s electricity shortages and fiscal problems, according to a local news report. The IMF delegation is expected to hold a separate virtual session with Pakistan’s Finance Ministry to specifically discuss the electricity allocation. Last week, […] The post IMF asks for urgent clarification from Pakistan over 2,000MW power allocation to Bitcoin mining appeared first on CryptoSlate.
  • Memecoin investors ‘should not be looking to the SEC for protection,’ Commissioner Hester Pierce says
    CryptoSlate - 15:00 Jun 01, 2025
    Memecoin investors should realize that the U.S. Securities and Exchange Commission (SEC) will not come to their aid if they lose their money, Commissioner Hester Peirce told CNBC on Friday. Peirce, who was appointed by now crypto-friendly President Donald Trump in 2018 and heads the SEC’s newly created Crypto Task Force, noted: “…generally, it’s good […] The post Memecoin investors ‘should not be looking to the SEC for protection,’ Commissioner Hester Pierce says appeared first on CryptoSlate.
  • Hyperliquid Bitcoin whale loses $100 million as BTC price falls below $105K
    CryptoSlate - 14:00 Jun 01, 2025
    One of the biggest stories in crypto this week unfolded as a prominent trader on the Hyperliquid decentralized exchange, known as James Wynn, saw nearly $100 million in leveraged Bitcoin positions liquidated after the price of BTC dipped below $105,000. The swift market downturn, triggered in part by new tariff announcements from the United States, […] The post Hyperliquid Bitcoin whale loses $100 million as BTC price falls below $105K appeared first on CryptoSlate.

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