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The 'Bitcoin Family' has split and hidden seed phrase across 4 continents amid rising kidnappings
The ‘Bitcoin Family’ has completely overhauled its security measures amid rising cases of crypto-related kidnappings, according to a CNBC report. The family, which sold all their belongings in 2017 to invest in Bitcoin (BTC) and now travels around the world, has taken extreme measures amid a rise in perceived threats. This includes storing parts of […]
Coinbase CEO says unnecessary account restrictions has reduced by 82%
Brian Armstrong, CEO of Coinbase, said in an X post on Friday that the platform has reduced the issue of unnecessary account freezes and restrictions by 82% so far. Noting that unnecessary account freezing has been a “major issue” for Coinbase users “for longer than is acceptable,” he wrote: “I could list a bunch of […]
The future of crypto belongs to communities—treasury governance will get us there
The following is a guest post and analysis from Maarten Henskens, Head of Astar Foundation. Web3 has a problem with value capture. Despite billions in market capitalization, most projects continue to extract value from their communities rather than return it. While venture capitalists and founding teams reap substantial rewards through token sales and vesting schedules, […]
Your weather app can’t save you — but a new system might
The following article is a guest post and opinion of Ting Peng, Head of Ecosystem at SkyX Network. What do you do when the weather app says light rain, but a flash flood tears through your town instead? You blame the app. Your rightful ire is a bit misplaced, though: It could very much be the […]
Song A Day creator recounts 'tax nightmare' after making millions from NFT sale
Singer-songwriter Jonathan Mann recently shared the story of how earning millions in Ethereum (ETH) during a one-hour sale of his NFTs eventually became a “tax nightmare.” Mann has published one song a day over the past 17 years and released his 6,000th song on June 5, which was about the purported nightmare resulting from the […]
Trump–Musk feud becomes memecoin meta, leads to surge in trading volume
President Donald Trump and Elon Musk's fallout caused a major spikes in memecoin launches and trading, with the largest tokens by trading activity generating over $355 million in volume over the past 24 hours, according to DEX Screener data. As traders seized on the pair’s high-profile social media clash using Solana's ecosystem, Official Trump (TRUMP) […]
Eric Trump says WLFI will acquire TRUMP for treasury, unofficial wallet project nixed
Eric Trump announced that World Liberty Financial, the DeFi platform linked to President Donald Trump and his family, will take a significant treasury stake in the Official TRUMP memecoin. He also confirmed that the controversial Trump-branded wallet recently unveiled by the team behind the memecoin would not continue development. Wallet project nixed The announcement comes […]
Spot Ethereum ETFs post 14-day inflow run, lifting year-to-date haul above $3B
Spot Ethereum (ETH) exchange-traded funds (ETFs) notched a 14-session streak of net inflows as of June 5, fueled by investment advisors and hedge fund managers. According to Bloomberg data shared by ETF Store CEO Nate Geraci, Ethereum ETFs since May 20 added roughly $812 million. This movement resulted in total net inflows of over $3 […]
Senator Lummis says new Fed vice chair appointment signals ‘brighter future’ for crypto
US Senator Cynthia Lummis said the confirmation of Michelle “Miki” Bowman as Vice Chair for Supervision at the Federal Reserve marks a critical shift in the regulatory approach toward digital assets. According to Lummis, the appointment is a “turning point” for crypto policy, and she expects a "brighter future" for the industry ahead. The Senate […]
Stalling first-mover advantage: VanEck, 21Shares, Canary press SEC to restore first-to-file ETF review order
VanEck, 21Shares, and Canary Capital requested on June 5 that the US Securities and Exchange Commission (SEC) reinstate the queue-based review system that awards exchange-traded product approvals in the order issuers filed. In a joint letter to Chair Paul Atkins, the firms said concurrent approvals strip early filers of the advantage that traditionally offsets higher […]
Gemini files confidential IPO draft as Circle’s shares register a new all-time high near $124
Gemini confidentially filed a draft registration statement with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO) of Class A common stock, according to a June 6 statement. The exchange controlled by Cameron and Tyler Winklevoss stated that the share count and price range will be determined once regulators complete their […]
X and Polymarket partner up to bring decentralized prediction markets to social media
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 […]
BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, SUI, LINK
Key points: Bitcoin recovered sharply from $100,000 on June 6, but the bears are expected to pose a strong challenge at higher levels. Several altcoins held their respective support levels, signaling a possible consolidation in the near term. Bitcoin (BTC) made a brilliant comeback on June 6, rising above $105,000, indicating solid demand at lower […]
Yuga moves to kill ApeCoin DAO, transfer $168M in assets to new entity
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 […]
Institutional Bitcoin ETF holdings decline while direct corporate BTC reserves gain traction
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 […]
Trump Media submits new SEC filing to purchase $2.3B Bitcoin reserve
Trump Media & Technology Group has filed a Form S-3 with the U.S. Securities and Exchange Commission, registering 85 million securities related to its previously closed $2.44 billion Bitcoin treasury deal. The filing also includes a universal shelf registration, granting the company flexibility to issue additional securities in the future as part of a broader […]
FCA clears path for UK retail crypto ETF trading—kind of
The UK’s Financial Conduct Authority has proposed lifting its longstanding ban on crypto exchange-traded notes for retail investors, opening the door for broader access to regulated crypto exposure through public investment exchanges. The move, announced June 6, forms part of a broader regulatory push to bolster market competitiveness and reduce barriers for financial firms. Retail […]
Metaplanet’s ambitious $5.4B Bitcoin acquisition plan sets sights on 210k BTC
Metaplanet has launched what it calls Asia’s largest equity raise dedicated to Bitcoin. According to CEO Simon Gerovich, the company is issuing 555 million shares through moving strike warrants in a ¥770.9 billion ($5.4 billion) capital raise. The firm has also acquired 1,088 BTC for ¥16.9 billion ($117.5 million), increasing its on-chain holdings to 8,888 […]
Yield bearing stablecoin comes to Solana via Maple Finance’s Chainlink integration
Maple Finance has deployed its liquid yield-bearing stablecoin, syrupUSDC, on the Solana network using Chainlink’s Cross-Chain Interoperability Protocol, introducing new capital strategies and institutional lending primitives into one of crypto’s most liquid ecosystems. Maple's native SYRUP token jumped 8% on the launch news, holding a market cap of nearly $420 million. The integration allows users […]
Micro-cap Quantum Resistance Ledger’s QRL token jumps 33% amid quantum concerns for crypto
Quantum security concerns continue to ripple through digital asset markets following BlackRock’s recent warning about cryptographic vulnerabilities in Bitcoin and Ethereum, driving renewed attention to quantum-resistant infrastructure. Quantum Resistant Ledger (QRL), one of the few blockchain networks purpose-built for a post-quantum future, has seen its native token rise over 33% in the past month amid […]