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WazirX relocates to Panama after Singapore court blocks restructuring efforts

Crypto exchange WazirX suffered a major legal blow after the Singapore High Court rejected its restructuring proposal to relaunch operations following a $230 million hack in July 2024. On June 4, WazirX announced that its request for court approval had been denied, saying: β€œThe Honourable Singapore High Court issued an order declining to approve our […] The post WazirX relocates to Panama after Singapore court blocks...

Published on: June 04, 2025 | Source: CryptoSlate favicon CryptoSlate

Crypto Payments Firm MoonPay Secures New York BitLicense

MoonPay has obtained New York's key BitLicense to conduct crypto business, though NYC Mayor Eric Adams recently came out against the license.

Published on: June 04, 2025 | Source: Decrypt favicon Decrypt

'In His Digital Wallet': Democrats Blast Latest Trump-Backed Crypto Product During House Hearing

The last time House lawmakers convened to discuss crypto, Trump had announced a private dinner for $TRUMP holders a day before.

Published on: June 04, 2025 | Source: Decrypt favicon Decrypt

XRP Ledger battles influx of scam crypto projects as Ripple eyes global financial role

Institutional interest in the XRP Ledger (XRPL) continues to grow, as does the number of scams exploiting the ecosystem. On June 4, Panos Mekras, co-founder of Anodos Finance, a leading DeFi platform built on XRPL, raised concerns over the proliferation of fraudulent projects piggybacking on the blockchain network’s growing visibility. In the X post, Mekras […] The post XRP Ledger battles influx of scam crypto projects...

Published on: June 04, 2025 | Source: CryptoSlate favicon CryptoSlate

Trump-Backed World Liberty Financial Airdrops Millions of Stablecoins to 85,000 Wallets

The airdrop was designed partly to test the platform’s readiness for a full rollout of DeFi services.

Published on: June 04, 2025 | Source: Decrypt favicon Decrypt

TON Dips as 'Double Top' Pattern Potentially Signals Short-Term Bearish Trend

Market volatility intensifies as key short-term support levels break down.

Published on: June 04, 2025 | Source: CoinDesk favicon CoinDesk

Litecoin Holds Support Level as Layer-2 Launch Signals Broader Utlity

Despite macro pressure and a bearish chart setup, Litecoin is gaining traction on the rollout of a layer-2 network and other developments.

Published on: June 04, 2025 | Source: CoinDesk favicon CoinDesk

Crypto Without Privacy Isn't Crypto

Scale and privacy aren’t contradictory goals. ZCash developers have created a private digital payment network that scales to billions of users, says Helius CEO Mert Mumtaz.

Published on: June 04, 2025 | Source: CoinDesk favicon CoinDesk

JPMorgan to Allow BlackRock Bitcoin ETF Shares as Loan Collateral

Sources told Bloomberg the bank will also begin taking crypto holdings into account when assessing a client's net worth and liquid assets.

Published on: June 04, 2025 | Source: Decrypt favicon Decrypt

The Convergence of TradFi and Digital Asset Markets – A Maturing Ecosystem

The institutionalization of digital assets and its convergence with traditional financial systems is not a passing trend, but a structural realignment of markets, says Hunting Hill Global Capital’s Adam Guren.

Published on: June 04, 2025 | Source: CoinDesk favicon CoinDesk

BNB Hovers Near $668 as Binance Alpha, PancakeSwap Growth Offset Selling Pressure

However, regulatory tension and market volatility persist, with a potential breakout pushing prices towards $790.

Published on: June 04, 2025 | Source: CoinDesk favicon CoinDesk

Branded and Established Stablecoins Are Not Competitors; They’re a Power Combo

Branded and established stablecoins win when they work together, writes Bastion CEO Nassim Eddequiouaq.

Published on: June 04, 2025 | Source: CoinDesk favicon CoinDesk

A Tiny Fintech Firm Is Launching $100M Crypto Treasury Strategy, Including BTC, ETH

The firm plans to invest not only in bitcoin, but also in ether and "regulated stablecoins," funded through existing equity facility and an institutional partnership.

Published on: June 04, 2025 | Source: CoinDesk favicon CoinDesk

Ripple Gains Regulatory Approval for RLUSD Stablecoin in Dubai

The two approvals mean that Ripple can integrate RLUSD into the global payment services it’s offering in Dubai and the UAE.

Published on: June 04, 2025 | Source: Decrypt favicon Decrypt

Canada will be left behind in the global crypto race

While other countries move toward integrating crypto into their financial systems, Canada is lagging, costing the country capital, talent and competitiveness. Canada’s direction on digital asset innovation remains uncertain.

Published on: June 04, 2025 | Source: Cointelegraph favicon Cointelegraph

What are $300K Bitcoin call options, and why are traders buying them like lottery tickets?

Traders are betting big on Bitcoin soaring to $300,000 by the end of June 2025, but is this bold options strategy a smart move or a high-risk gamble?

Published on: June 04, 2025 | Source: Cointelegraph favicon Cointelegraph

South Korea’s new president will bolster crypto, but scandals prevail

President Lee Jae-myung rose from being a child laborer in post-war South Korea to becoming a crypto-friendly leader of one of the world’s largest digital asset markets.

Published on: June 04, 2025 | Source: Cointelegraph favicon Cointelegraph

Cardano Stages V-Shaped Recovery as Price Swings 4%

Buying pressure emerged at critical support levels as ADA demonstrated resilience despite broader market uncertainty.

Published on: June 04, 2025 | Source: CoinDesk favicon CoinDesk

South Korean media firm to raise $500M for Bitcoin treasury

K Wave Media announced a $500 million securities deal to fund a Bitcoin-treasury strategy, aiming to become the β€œMetaplanet of Korea.”

Published on: June 04, 2025 | Source: Cointelegraph favicon Cointelegraph

Chinese Firm Webus' Stock Jumps After Filing With SEC for $300M XRP Strategic Reserve

The move is indicative of rising institutional interest in Ripple’s XRP ecosystem as firms seek to integrate blockchain payments into their operations.

Published on: June 04, 2025 | Source: CoinDesk favicon CoinDesk

How to use Chainabuse and Scamwatch to report a Bitcoin scammer

Got scammed or worried about Bitcoin fraud? Learn how sharing your story with Chainabuse and Scamwatch can help protect you and others from falling victim.

Published on: June 04, 2025 | Source: Cointelegraph favicon Cointelegraph

Bybit reveals security overhaul in response to $1.4B hack

Bybit unveiled a major security overhaul following its $1.4 billion hack in February, with upgrades across audits, wallet protection and information security.

Published on: June 04, 2025 | Source: Cointelegraph favicon Cointelegraph

MoonPay Grabs Coveted BitLicense Approval In New York

The NYDFS also granted MoonPay a money transmitter license for New York state.

Published on: June 04, 2025 | Source: CoinDesk favicon CoinDesk

WazirX exits Singapore, moves to Panama after court ruling

India-focused crypto exchange WazirX is relocating operations to Panama and rebranding its parent company as Zensui.

Published on: June 04, 2025 | Source: Cointelegraph favicon Cointelegraph

CoinDesk 20 Performance Update: SUI Drops 3.9% as Index Trades Lower from Tuesday

Solana (SOL) was also among the underperformers, declining 3.1%.

Published on: June 04, 2025 | Source: CoinDesk favicon CoinDesk

Odds for South Korea Crypto Reform Rise as Lee Jae-Myung Wins Presidency

South Korea elects crypto-friendly Lee Jae-myung as president, promising Bitcoin ETFs and won-backed stablecoin to stem capital outflows.

Published on: June 04, 2025 | Source: Decrypt favicon Decrypt

Top Pump.Fun Ecosystem Tokens Tumble Amid Reports of $1B Fundraise

Solana’s hottest memecoins, from FARTCOIN to PNUT, pulled back amid reports that token-factory Pump.fun is lining up a $1 billion raise at a $4 billion fully-diluted valuation.

Published on: June 04, 2025 | Source: CoinDesk favicon CoinDesk

Kraken-Backed Startup Launches Hybrid Crypto Exchange With $14M Raise

Rails said its mix of centralized execution and on-chain custody combines exchange-level speed with user control and blockchain transparency.

Published on: June 04, 2025 | Source: Decrypt favicon Decrypt

Rails Raises $14M From Backers Including Kraken to Launch Crypto Exchange

Backed by Kraken, Slow Ventures, and CMCC Global, the trading platform offers on-chain custody combined with high speed execution.

Published on: June 04, 2025 | Source: CoinDesk favicon CoinDesk

BlackRock’s Bitcoin ETF futures debut in Moscow as fund hits top 25

Since the IBIT ETF futures are only available to accredited investors, the latest crypto developments in Russia left many retail players unimpressed.

Published on: June 04, 2025 | Source: Cointelegraph favicon Cointelegraph

Blockchain and AI could fuel $3.5T DePIN market boom by 2028: WEF

The decentralized physical infrastructure network market could surge to $3.5 trillion by 2028 as AI and blockchain converge, according to a new World Economic Forum report.

Published on: June 04, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin trader says $107.5K 'vital' zone for new all-time highs

Bitcoin traders set the stage for a volatile breakout with liquidity amassing above and below the spot price, and eyes are on the road to new all-time highs.

Published on: June 04, 2025 | Source: Cointelegraph favicon Cointelegraph

Binance cracks down on bot activity in Alpha token program

Binance is cracking down on bot abuse in its Alpha Points early-access program after detecting coordinated bot farming activity.

Published on: June 04, 2025 | Source: Cointelegraph favicon Cointelegraph

Crypto Payments to California State Agencies Inch Closer to Reality

Crypto payments to California state agencies inch closer to reality as Assembly Bill 1180 gets the nod to move ahead.

Published on: June 04, 2025 | Source: Decrypt favicon Decrypt

Ether poised for 'significant breakout' as ETH price strengthens vs BTC

Ether’s price is up 46% in the past 30 days, and analysts say continued demand for spot Ethereum ETFs and strengthening structure may trigger a breakout.

Published on: June 04, 2025 | Source: Cointelegraph favicon Cointelegraph