Wed, January 7

Ethereum Investment Products Drive $286 Million Inflows as Bitcoin Sees Outflows

Cryptocurrency exchange-traded products (ETPs) recorded $286 million in inflows last week, marking the seventh consecutive week of gains, according to CoinShares’ June 2 report. The surge was led by Ether (ETH), which saw its strongest investment inflow since December 2024. ETH ETPs Outshine Bitcoin in a Volatile Week Ether ETPs

June 2, 2025 2 mins read

Singapore Orders Unlicensed Crypto Firms to Halt Overseas Services

The Central Bank of Singapore has ordered the crypto service providers of the nation that do not hold a Digital Token Service Provider (DTSP) license to hold overseas operations by June 30.  This measure is taken to tighten regulatory oversight and safeguard its increasing pool of retail crypto users of

June 2, 2025 2 mins read

ZachXBT Exposes $11.5M BitoPro Breach, Exchange Yet to Respond

ZachXBT just dropped receipts on a major breach at Taiwan-based exchange BitoPro, revealing that around $11.5 million was drained from their hot wallets on May 8, 2025. What’s disappointing is that BitoPro hasn’t uttered a word about it. They’re still out here running promos like nothing happened, completely ignoring the

June 2, 2025 2 mins read

Nervos Network Lost Over $3 Million to Hackers From Force Bridge

The crypto industry is growing in popularity, adoption, and regulation across the globe. But so do the crypto hacks across various platforms. Nervos Network is the recent victim of hackers and has lost over $3 million in funds from its cross-chain bridge.  The news came to light when Web3 security

June 2, 2025 2 mins read

IG Group Becomes First UK-Listed Firm to Offer Direct Crypto Trading

The UK’s expanding cryptocurrency market has marked a milestone as IG Group becomes the first London-listed company to offer direct crypto trading to retail investors. From this week, IG clients in the UK can buy and sell 38 different digital tokens, including Bitcoin, Ethereum, and the leading altcoins like XRP

June 2, 2025 2 mins read

Russian Agricultural Bank Eyes Crypto for Grain Trade Settlements

The Russian Agricultural Bank is thinking to keep crypto-based tools as an alternative to traditional settlement methods for exporting more than 49.5 million tonnes of grain. This step will help in amalgamating commodities market to digital assets, introducing this use case.  Russia is very active in terms of crypto adoption.

June 2, 2025 2 mins read

Do Stablecoins Have Practical Use Cases? This Nobel Laureate Doesn’t Think So

The stablecoin market has grown exponentially since the inception of asset-backed cryptocurrencies. Their current market cap is over $251 billion, amounting to 7.63% of the total crypto market capitalization. Top stablecoins like USDT and USDC are used by billions of crypto users all over the world.  The increased popularity and

June 2, 2025 3 mins read

CZ Proposes DEX Model to Combat Front-Running in Crypto Exchanges

Changpeng “CZ” Zhao, the co-founder and ex-CEO of Binance, is back stirring the pot — this time pushing for more automated, DEX-style token listings on centralized exchanges. In a recent X post thread, he argued that moving toward a setup like that could kill off front-running and give regular users

June 2, 2025 3 mins read

Meta Shareholders Reject Proposal to Add Bitcoin to Treasury

The shareholders of Meta have fiercely rejected a proposal to assess whether the tech giant should accumulate Bitcoin to its balance sheet. As per the May 28 regulatory filing, a proposal named “Bitcoin Treasury Assessment” was put before shareholders, receiving 3.92 million votes in favor.  It was just 0.88% of

June 2, 2025 2 mins read

Metaplanet Boosts Bitcoin Holdings to 8,888 BTC Worth $930 Million

Metaplanet has recently increased its Bitcoin treasury by purchasing 1,088 additional BTC. This acquisition raised its total Bitcoin holdings to 8,888 tokens, valued at roughly $930 million. The company spent 16.89 billion yen ($117.5 million) to buy the latest Bitcoin batch at a price of 15.5 million yen ($108,051) per

June 2, 2025 2 mins read
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