Mon, June 1

Bakkt Files with US SEC to Raise $1B for Bitcoin and Crypto Strategy

In order to fund its new Bitcoin and digital asset strategy, Bakkt Holdings has filed with the U.S. Securities and Exchange Commission (SEC) to raise up to $1 billion. Its investment policy was recently updated in June 2025. In order to allow investments in Bitcoin and other crypto assets, which

June 27, 2025 2 mins read

Victim Sues Citibank Over $20 Million Romance Scam Allegations

Citibank has been sued by a victim of a romance scam on federal grounds, alleging that the bank did not take any measures to stop a huge romance scam. Michael Zidell accuses Citibank of overlooking the red flags as it sent close to $4 million in suspicious transfers to the

June 26, 2025 2 mins read

NYSE Files Rule Change for Trump Media’s Bitcoin-Ethereum ETF Listing

The New York Stock Exchange has made a regulatory filing recently to allow the listing of Trump Media’s dual-cryptocurrency investment fund. The planned Truth Social Bitcoin and Ethereum ETF is a major milestone in the politically branded cryptocurrency investment product development among retail investors. The filing is a significant step

June 25, 2025 2 mins read

Japan Proposes 20% Flat Crypto Tax and legalizes Bitcoin ETFs

Japan is moving to reclassify cryptocurrencies under the Financial Instruments and Exchange Act (FIEA), signaling a major shift in its regulatory approach. On June 24, the Financial Services Agency (FSA) released a proposal aiming to treat digital assets as financial products. If approved, the move will reduce the current progressive

June 24, 2025 2 mins read

US Fed Ends Use of ‘Reputational Risk’ in Crypto Banking Oversight

The crypto sector has long claimed that the US Federal Reserve unjustly targets and debanks crypto enterprises due to its consideration of “reputational risk” in its supervision of banks. However, the Fed has now instructed its supervisors to stop doing so. More than 30 US technology and crypto firms were

June 24, 2025 2 mins read

Ark Invest Takes $110M Profit from Circle’s IPO Rally

Ark Invest, run by Cathie Wood, is engaged in a strategic profit-taking on the impressive post-IPO performance of Circle, selling off another large position this week. At the same time, the investment company increased its holdings in Robinhood and Coinbase, which indicates the persistence of trust in digital asset platforms.

June 24, 2025 2 mins read

Strategy Buys 245 BTC for $26M Amid Geopolitical-Driven Market Dip

Michael Saylor’s Strategy has acquired 245 Bitcoin for $26 million as market volatility increased due to escalating geopolitical tensions. The company disclosed the purchase in a U.S. SEC filing on June 23. According to the filing, Strategy bought BTC at an average price of $105,856 during the week ending June

June 23, 2025 2 mins read

Grok 3.5 AI Will Delete “Garbage” From Human Knowledge, Musk Declares

Elon Musk declared his intentions to rewrite the databases of human historical knowledge using his Grok AI system. The billionaire was not satisfied with the existing training data and said that it is filled with too much biased and erroneous information in general.  The new Grok 3.5 model by Musk

June 23, 2025 2 mins read

Ethereum Devs Launch Web3SOC to Raise DeFi Security Standards

In a significant stride toward institutionalizing decentralized finance (DeFi), Ethereum developers, in collaboration with key industry players such as Uniswap Labs and Maple Finance, have launched Web3SOC, a new compliance and security framework for the DeFi ecosystem. The initiative aims to establish industry-wide standards that promote transparency, trust, and robust

June 21, 2025 3 mins read

$50M Telegram OTC Crypto Scam Exposed, Targets Top Investors

Altcoin Alpha recently unveiled a multi-million-dollar OTC Telegram crypto scam on a social media platform X. The scam stole more than $50 million involving tokens such as SUI, NEAR, Axelar, SEI, and others.  The scam wasn’t noticed for months and targeted prominent names in the industry, such as venture capitalists,

June 21, 2025 2 mins read