Strategy and Metaplanet capitalize on Bitcoin correction with $200M acquisition
Two heavyweight Bitcoin holders, Strategy (formerly MicroStrategy) and Metaplanet, have seized the latest market correction as a buying opportunity. As Bitcoin briefly fell near $103,000 towards the end of May,…
Bitcoin hits NYE 2000 on internet adoption timeline, but Snapchat has more users
“We’re not early anymore.” That is the mantra echoing across Crypto Twitter today. Last week, 35,000 people attended Bitcoin 2025, including Bitcoin enthusiasts, U.S. senators, White House staff, BlackRock analysts,…
Ethereum outperforms with $321 million inflow as Bitcoin, XRP sees combined outflow of over $36 million
The crypto market recorded $286 million in inflows, extending a seven-week streak that has added $10.9 billion to crypto investment products, according to CoinShares‘ weekly report. However, the overall value…
Tether shut out of Juventus capital raise despite increased investment
Tether CEO Paolo Ardoino has disclosed that the company is being prevented from participating in Juventus Football Club’s latest capital increase. In a June 2 post on X, Ardoino addressed…
Hackers now pose as security companies to frame victims while stealing private keys
Cybercriminals are adopting increasingly deceptive tactics to target crypto users, with some now posing as blockchain security companies. Their aim is to steal assets and implicate their victims in the…
US government has now lost $21 billion selling seized Bitcoin we once fought to freeze
Twelve years ago, hardcore Bitcoin users begged developers to “nuke” coins held in a US government wallet captured from Silk Road. They feared the feds could dump the stash and…
TradFi giant and FTSE-listed IG launches retail crypto trading in UK with Uphold tomorrow
IG Group will allow retail investors in the United Kingdom to trade 38 cryptocurrencies on its multi-asset platform from Tuesday, June 3, becoming the first London-listed broker to offer spot…
Elon Musk launches XChat with ‘Bitcoin-style encryption’ amid crypto debate
Elon Musk has announced a novel update to X, the social media platform formerly known as Twitter. A new feature, called XChat, is now rolling out, offering private messaging secured…
Silk Road founder receives $31.4M BTC donation after bagging $1.8M in auction
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.…
Nobel prize-winning economist says ‘stablecoins don’t serve any clearly useful function ’; Coinmetrics co-founder disagrees
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…