The attacker responsible for the major April 2023 security breach targeting cryptocurrency exchange Bitrue has recently begun transferring stolen Ethereum (ETH) into the privacy protocol Tornado Cash. The hack resulted in approximately $24.4 million in losses following the compromise of… Read More »Suspected Bitrue Hacker Initiates Stolen Ethereum Movement to Tornado Cash
Crypto wallet provider SafePal and Ethereum staking protocol Puffer Finance have launched a collaborative Giftbox campaign to promote Ethereum restaking. The week-long initiative aims to enhance user engagement across decentralized finance (DeFi) ecosystems by incentivizing participation in restaking activities. The… Read More »SafePal and Puffer Finance Launch Joint Giftbox Campaign to Boost Ethereum Restaking
Bitcoin’s rally has stalled near the $110,000 resistance level amid rising short interest and declining open interest in futures markets, signaling potential bearish pressure. Derivatives data indicates a notable shift from long to short positions, suggesting a ‘soft reversal point’… Read More »Bitcoin Faces Short-Term Reversal Risk as $106,000 Support Level Tested
Public scrutiny of Andrew Tate’s cryptocurrency trading activity on decentralized exchange Hyperliquid has revealed significant losses and a low success rate, contrasting sharply with his public persona. Analysis of Tate’s trading history shows he executed 76 perpetual contract trades on… Read More »Andrew Tate’s Hyperliquid Trading Reveals Major Losses, Low Win Rate
Leading cryptocurrency exchange Bybit has officially listed the ‘Billboard’ ($BB) token, a key asset associated with Solv Protocol. This listing provides Bybit users with enhanced access to trade the token and integrates it into the exchange’s supported asset lineup. Solv… Read More »Bybit Lists Solv Protocol’s ‘Billboard’ Token
Japan is spearheading a G7 initiative to combat North Korea’s state-sponsored cryptocurrency thefts, calling for enhanced international collaboration against cybercrimes funding illicit activities. The proposal focuses on implementing coordinated oversight mechanisms and collective countermeasures to disrupt North Korea’s digital asset… Read More »Japan Urges G7 Coordination Against North Korea’s Cryptocurrency Thefts
The Monetary Authority of Singapore (MAS) has mandated that all cryptocurrency trading platforms operating within Singapore must secure a Digital Token Service Provider (DTSP) license by June 30, 2025. This regulatory move aims to strengthen oversight of offshore crypto activities… Read More »Singapore Mandates DTSP Licensing for All Crypto Platforms by June 30 Deadline
Controversial influencer Andrew Tate suffered a significant loss exceeding $583,000 on a 25x leveraged Ethereum trade executed on the Hyperliquid perpetual futures exchange. Analysis of Tate’s trading activity revealed a win rate of just 35.53% across 76 trades. This incident… Read More »Andrew Tate’s $583K Leveraged ETH Loss Highlights Hyperliquid Trading Risks
Former President Donald Trump has publicly advocated for a substantial Federal Reserve interest rate reduction of one percentage point, arguing it would lower government debt costs and stimulate economic growth. Financial analysts indicate such a rate cut could positively impact… Read More »Trump’s Proposed Fed Rate Cut Could Boost Bitcoin and Crypto Markets, Analysts Suggest
Legislative progress in Brazil combined with significant capital inflows into Bitcoin ETFs and corporate accumulation in Japan signals strengthening institutional confidence in Bitcoin as a strategic asset. Brazil’s Strategic Bitcoin Reserve Bill, proposing the allocation of up to 5% of… Read More »Brazil Advances Bitcoin Reserve Bill Amid Surging Global Institutional Demand
U.S. stock futures fell as markets reacted to statements made by former President Donald Trump regarding a new approach to international trade deals. Trump announced plans to send “take it or leave it” tariff deals within the next two weeks.… Read More »U.S. Futures Decline Following Trump’s ‘Take It or Leave It’ Tariff Announcement
A pronounced difference in perspective on memecoins emerged during the XRP Apex 2025 conference as Ripple CEO Brad Garlinghouse and President Monica Long offered contrasting assessments of their role in the cryptocurrency industry. Ripple President Monica Long advocated for recognizing… Read More »Ripple Executives Clash on Memecoin Value at XRP Apex 2025
Brazil’s Chamber of Deputies has approved the Strategic Bitcoin Reserve Bill (Projeto de Lei No. 4.501/2024) in its first committee vote, proposing the inclusion of Bitcoin in the country’s sovereign reserves. The landmark legislation positions Bitcoin as a government-held strategic… Read More »Brazil Advances Legislation to Add Bitcoin to National Reserves as Strategic Asset
Hedge funds are adapting to cryptocurrency markets’ non-stop operation by hiring specialized weekend traders to monitor and execute trades around the clock. This strategic move addresses the unique volatility and continuous trading cycles of digital assets, ensuring funds remain competitive… Read More »Hedge Funds Deploy Weekend Traders to Navigate 24/7 Crypto Markets
DeFi Development Corp. has withdrawn its planned $1 billion securities offering following a rejection of its Form S-3 filing by the U.S. Securities and Exchange Commission (SEC). The SEC deemed the company ineligible to use the Form S-3 registration statement… Read More »DeFi Development Corp. Halts $1B Offering After SEC Rejects Filing Over Compliance
Asset management giant Invesco has named Kathleen Wrynn as its new global head of digital assets, marking a strategic expansion into cryptocurrency exchange-traded funds (ETFs). Wrynn will oversee the firm’s $1.6 billion crypto ETF portfolio, bringing blockchain expertise from her… Read More »Invesco Appoints Kathleen Wrynn as Global Head of Digital Assets to Drive Crypto ETF Strategy
Grayscale Investments has filed Form S-3 with the U.S. Securities and Exchange Commission (SEC) to convert its Grayscale Digital Large Cap (GDLC) Fund into a publicly traded exchange-traded fund (ETF). The diversified fund holds Bitcoin, Ethereum, XRP, Solana, and Cardano,… Read More »Grayscale’s Multi-Asset Crypto Fund Nears Regulatory Approval Ahead of Solana ETFs
Binance Wallet will conduct a Token Generation Event (TGE) for the blockchain game KAI Battle of Three Kingdoms (SGC) on June 13, 2025, operating from 4:00 PM to 6:00 PM UTC. Eligible users can participate exclusively using Binance Alpha points,… Read More »Binance to Launch KAI Battle of Three Kingdoms Token Generation Event via Alpha Points
Spot Bitcoin exchange-traded funds (ETFs) recorded a sharp 61% decline in net inflows, falling to $165 million from the previous $435 million. This slowdown coincided with Bitcoin facing significant price resistance near the $110,000 threshold. BlackRock’s IBIT ETF dominated inflows… Read More »Bitcoin ETF Inflows Drop 61% Amid $110K Resistance While Derivatives Signal Bullish Outlook
Bitwise CEO Hunter Horsley suggests Bitcoin holders may significantly reduce selling activity as prices approach the $130,000 to $150,000 range. This behavioral shift stems from tightening supply conditions and accelerating institutional demand. Horsley indicates that breaching key price thresholds would… Read More »Bitwise CEO Predicts Reduced Bitcoin Selling Pressure Above $130K Threshold