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  1. Fellaz Launches Decentralized Entertainment Protocol Stack | Massive Giveaway Live: Win $3,000 Beta Access + Over 2,000 USDT

    Sat, 05 Jul 2025 16:19:13 -0000

    SINGAPORE, July 4, 2025 /PRNewswire/ — Web3 entertainment protocol Fellaz has officially launched its decentralized entertainment stack, composed of three core protocols: Fellaz ID, Fellaz RWA, and Fellaz Creator. The initiative aims to disrupt the traditional entertainment industry by enabling fans and creators to own, monetize, and govern entertainment content directly. The Fellaz ecosystem addresses … Continue reading "Fellaz Launches Decentralized Entertainment Protocol Stack | Massive Giveaway Live: Win $3,000 Beta Access + Over 2,000 USDT"
    <figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/07/1e8b482224bc084b8b12d6f45a78a4dd.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/07/1e8b482224bc084b8b12d6f45a78a4dd.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/07/1e8b482224bc084b8b12d6f45a78a4dd-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/07/1e8b482224bc084b8b12d6f45a78a4dd-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/07/1e8b482224bc084b8b12d6f45a78a4dd-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p><span class="legendSpanClass"><span class="xn-location">SINGAPORE</span></span>, <span class="legendSpanClass"><span class="xn-chron">July 4, 2025</span></span> /PRNewswire/ &#8212; Web3 entertainment protocol <b>Fellaz</b> has officially launched its decentralized entertainment stack, composed of three core protocols: <b>Fellaz ID</b>, <b>Fellaz RWA</b>, and <b>Fellaz Creator</b>. The initiative aims to disrupt the traditional entertainment industry by enabling fans and creators to own, monetize, and govern entertainment content directly.</p> <p>The Fellaz ecosystem addresses the limitations of legacy platforms by:<br /></br> – <b>Tokenizing fandom</b> via Fellaz ID and soulbound tokens (SBTs), rewarding verified fan engagement<br /></br> – <b>Turning IP into liquid, tradable assets</b> through Fellaz RWA, enabling fans to invest in music, film, and merchandise<br /></br> – <b>Empowering creators</b> with Fellaz Creator, a decentralized toolkit for monetization, rights management, and DAO governance</p> <p>Importantly, Fellaz is backed by <b>Innocus Global Group</b>, a real-world entertainment conglomerate, ensuring immediate access to live IP, artists, and cultural assets from day one. Its native utility token <b>$FLZ</b> will serve as the fuel for staking, access control, governance, and rewards across the ecosystem.</p> <p><b>Fellaz is also running a massive giveaway campaign</b>, offering a chance to win <b><span class="xn-money">$3,000</span> Beta Test Access</b> and over <b>2,000 USDT in airdrop rewards</b>.<br /></br> Follow @FellazXYZ and join now:<u><a href="https://x.com/FellazXYZ/status/1940040367438782865" rel="nofollow noopener" target="_blank">https://x.com/FellazXYZ/status/1940040367438782865</a></u></p> <p id="PURL"><img decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN24325&amp;sd=2025-07-04" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/fellaz-launches-decentralized-entertainment-protocol-stack--massive-giveaway-live-win-3-000-beta-access--over-2-000-usdt-302498284.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/fellaz-launches-decentralized-entertainment-protocol-stack&#8211;massive-giveaway-live-win-3-000-beta-access&#8211;over-2-000-usdt-302498284.html</a></p> <p><img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN24325&amp;Transmission_Id=202507041013PR_NEWS_EURO_ND__EN24325&amp;DateId=20250704" style="border:0px;width:1px;height:1px"></img></p> <p>Featured Image: depositphotos @ kentoh</p> <p><a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a></p>
  2. Crypto Investment Fraud Lands UK Scammers in Prison

    Fri, 04 Jul 2025 19:26:49 -0000

    crypto investment
    In a landmark enforcement case, two men behind a major crypto investment fraud operation in the United Kingdom have been sentenced to prison for their role in scamming dozens of victims out of more than £1.5 million. The scheme involved selling fake cryptocurrency investments through cold calls and boiler room tactics — a method increasingly … Continue reading "Crypto Investment Fraud Lands UK Scammers in Prison"
    <figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/06/abstract-plexus-blue-geometrical-shapes-connection-ai-generated-image-1-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto investment" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/06/abstract-plexus-blue-geometrical-shapes-connection-ai-generated-image-1-1.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/06/abstract-plexus-blue-geometrical-shapes-connection-ai-generated-image-1-1-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/06/abstract-plexus-blue-geometrical-shapes-connection-ai-generated-image-1-1-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p data-start="383" data-end="605">In a landmark enforcement case, two men behind a major crypto investment fraud operation in the United Kingdom have been sentenced to prison for their role in scamming dozens of victims out of more than £1.5 million.</p> <p data-start="607" data-end="848">The scheme involved selling fake cryptocurrency investments through cold calls and boiler room tactics — a method increasingly used by fraudsters to target unsuspecting investors eager to participate in the fast-moving digital asset space.</p> <h2 data-start="855" data-end="903">FCA Cracks Down on Crypto Investment Fraud</h2> <p data-start="905" data-end="1187">The U.K.’s Financial Conduct Authority (FCA) charged Raymondip Bedi and Patrick Mavanga with conspiracy to defraud and money laundering. According to the FCA, the pair ran an operation that pitched non-existent cryptocurrency opportunities, falsely promising high returns.</p> <p data-start="1189" data-end="1480">Instead, they siphoned the victims’ money into personal accounts, with funds spent on luxury items and lifestyle expenses. The FCA’s investigation revealed that many victims were pressured into investing through aggressive sales tactics and false claims about the legitimacy of the assets.</p> <p data-start="1482" data-end="1625">At Southwark Crown Court, Bedi was sentenced to five years and four months, while Mavanga received a six-and-a-half-year prison term.</p> <p data-start="1627" data-end="1960">“Bedi and Mavanga ruthlessly defrauded dozens of innocent victims, and it is right that they have received these prison sentences,” said Steve Smart, joint executive director of enforcement and market oversight at the FCA. “Criminals need to be clear that there is a cost to committing crime and we will seek to make them pay.”</p> <h2 data-start="1967" data-end="2008">Victims Targeted Through Cold Calls</h2> <p data-start="2010" data-end="2188">The scam operated similarly to a boiler room, a term used to describe high-pressure sales environments where victims are coerced into investing in worthless or fake assets.</p> <p data-start="2190" data-end="2456">Many of the individuals targeted were retail investors with little knowledge of crypto markets. Lured by the promise of rapid gains and professional-looking materials, they handed over thousands of pounds — only to realize later that the investments never existed.</p> <p data-start="2458" data-end="2744">Some victims had invested their life savings, and the emotional and financial toll has been devastating. According to victim impact statements submitted during sentencing, several people were left in debt, and others reported mental health issues stemming from the stress of the scam.</p> <h2 data-start="2751" data-end="2788">Authorities Seek Asset Recovery</h2> <p data-start="2790" data-end="3010">In addition to prison time, the FCA has launched confiscation proceedings against Bedi and Mavanga under the Proceeds of Crime Act. The goal is to disgorge illicit profits and compensate victims where possible.</p> <p data-start="3012" data-end="3278">The case signals a more aggressive posture by U.K. regulators in cracking down on crypto investment fraud. In recent months, the FCA has expanded its enforcement efforts against unauthorized crypto operators and tightened rules around marketing digital assets.</p> <h2 data-start="3285" data-end="3332">Growing Scrutiny on Crypto Scams Globally</h2> <p data-start="3334" data-end="3693">While this case took place in the U.K., the problem of crypto-related fraud is global in scope. In the U.S., the <a href="https://www.sec.gov/" target="_blank" rel="noopener">Securities and Exchange Commission</a> (SEC) and Commodity Futures Trading Commission (CFTC) have both ramped up enforcement. In one recent case, the SEC charged a promoter for misleading investors about a tokenized project’s revenue potential.</p> <p data-start="3695" data-end="3969">Public companies that facilitate crypto transactions are also under scrutiny. Exchanges like Coinbase (NASDAQ:COIN) and Robinhood (NASDAQ:HOOD) have been urged by regulators to improve transparency and investor protections as scams continue to emerge in the space.</p> <h2 data-start="3976" data-end="4021">Final Thoughts: A Warning to Fraudsters</h2> <p data-start="4023" data-end="4293">The U.K. court’s sentencing sends a clear message:<a href="https://cryptocurrencynews.com/investing-news/trump-crypto-investment-makes-toymaker-surge/"> crypto investment</a> fraud will not go unpunished. As crypto markets evolve, law enforcement and regulators are ramping up their ability to detect and dismantle fraudulent schemes — and hold perpetrators accountable.</p> <p data-start="4295" data-end="4556">For retail investors, the case is a stark reminder to remain cautious. Promises of guaranteed returns and unsolicited investment offers are red flags. Investors should verify credentials and check if firms are authorized by the FCA or other regulatory bodies.</p> <p data-start="4558" data-end="4698">As Steve Smart of the FCA warned, “We will not hesitate to pursue those who exploit trust and target the vulnerable through crypto scams.”</p> <p data-start="4700" data-end="4843">The era of unregulated crypto promotion is coming to an end — and those who cross the line now risk not just financial penalties, but prison.</p> <p><i>Featured Image:  Freepik © ojosujono96</i></p> <p><a href="https://cryptocurrencynews.com/disclaimer">Please see disclaimer</a></p>
  3. Ethereum Institutional Adoption Hits New Heights in Cannes

    Fri, 04 Jul 2025 19:20:31 -0000

    Ethereum institutional adoption
    Ethereum institutional adoption is moving from theory to reality, as the network proves its staying power in the evolving world of global finance. At the recent Ethereum Community Conference (EthCC) held in Cannes, France, industry leaders, developers, and institutional giants gathered to spotlight Ethereum’s growing role as the infrastructure layer of Wall Street and beyond. … Continue reading "Ethereum Institutional Adoption Hits New Heights in Cannes"
    <figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/07/3180-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Ethereum institutional adoption" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/07/3180-1.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/3180-1-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/3180-1-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p data-start="392" data-end="770">Ethereum institutional adoption is moving from theory to reality, as the network proves its staying power in the evolving world of global finance. At the recent Ethereum Community Conference (EthCC) held in Cannes, France, industry leaders, developers, and institutional giants gathered to spotlight Ethereum’s growing role as the infrastructure layer of Wall Street and beyond.</p> <p data-start="772" data-end="1078">The scene was more Cannes Film Festival than crypto conference — with the iconic red-carpeted Palais des Festivals hosting keynotes instead of movie premieres. But the real star of the show was Ethereum’s accelerating transformation from decentralized experiment to the foundation of institutional finance.</p> <h2 data-start="1085" data-end="1120">Robinhood’s Bold Crypto Pivot</h2> <p data-start="1122" data-end="1464">One of the most striking moments of the week came when Robinhood (NASDAQ:HOOD) announced it would launch tokenized U.S. stocks and ETFs for European users via Arbitrum, a Layer 2 protocol built on Ethereum. This marks a historic milestone — making Robinhood the first publicly traded U.S. company to launch tokenized equities on a blockchain.</p> <p data-start="1466" data-end="1755">The move not only fueled a rally in Robinhood stock — pushing it over $100 for the first time — but also underlined the momentum of Ethereum institutional adoption. Rather than speculative hype, the conversation this year centered on Ethereum’s practical use as Wall Street’s new plumbing.</p> <h2 data-start="1762" data-end="1796">Ethereum as a Treasury Asset</h2> <p data-start="1798" data-end="2286">Several public companies are already reshaping their financial strategies around Ethereum. BitMine Immersion Technologies (OTC:BMNR) saw a meteoric 1,200% gain after declaring ether as its primary treasury reserve. Similarly, Bit Digital (NASDAQ:BTBT), which shifted away from bitcoin mining to focus solely on Ethereum staking, climbed over 34% in a single week. SharpLink Gaming (NASDAQ:SBET) added more than $20 million worth of ether to its balance sheet, gaining over 28% in one day.</p> <p data-start="2288" data-end="2487">These bold moves signal a growing trend: Ethereum is not just a technology platform; it’s an emerging financial asset and strategic pillar for companies embracing the future of decentralized finance.</p> <h2 data-start="2494" data-end="2540">Institutions Bet on Ethereum’s Stability</h2> <p data-start="2542" data-end="2956">While Ethereum’s price remains down over 20% year-to-date and trails Bitcoin in market cap, its utility and reliability are winning over institutional players. Ether ETFs have seen two consecutive months of net inflows, signaling renewed investor confidence. According to CoinGlass, these funds now manage around $11 billion in assets — a modest sum compared to $138 billion for Bitcoin ETFs, but growing steadily.</p> <p data-start="2958" data-end="3205">Paul Brody, Global Blockchain Leader at EY, emphasized <a href="https://www.forbes.com/advisor/in/investing/cryptocurrency/ethereum-price-prediction/" target="_blank" rel="noopener">Ethereum’s long-term appeal</a>: “Institutions are plugging Ethereum into core financial systems not just because it’s fast or cheap, but because it offers dependable, programmable functionality.”</p> <p data-start="3207" data-end="3396">Vitalik Buterin, Ethereum’s co-founder, echoed the sentiment. In his keynote at EthCC, he said institutions consistently praise Ethereum’s reliability: “They value that it doesn’t go down.”</p> <h2 data-start="3403" data-end="3456">The Tokenized Future Is Being Built on Ethereum</h2> <p data-start="3458" data-end="3876">The momentum behind Ethereum institutional adoption is not just theoretical. Deutsche Bank is developing a tokenization platform on zkSync, a Layer 2 network on Ethereum, to help manage tokenized funds and stablecoins. Meanwhile, Coinbase (NASDAQ:COIN) has filed with the SEC to offer trading of tokenized public equities, and Kraken is preparing to launch 24/7 tokenized stock trading in select international markets.</p> <p data-start="3878" data-end="4173">Stablecoins continue to dominate Ethereum’s financial rails. Circle’s USDC — the second-largest stablecoin — still processes about 65% of its volume on Ethereum. And BlackRock (NYSE:BLK) is pioneering institutional finance on Ethereum with its BUIDL fund, offering real-time redemptions in USDC.</p> <h2 data-start="4180" data-end="4228">The Road Ahead: Scaling Without Compromise</h2> <p data-start="4230" data-end="4547">Despite competition from faster blockchains like Solana, Ethereum’s core values — neutrality, censorship resistance, and security — remain its greatest strengths. Tomasz Stańczak of the Ethereum Foundation noted that institutions choose Ethereum because it guarantees fairness, reliability, and transparent execution.</p> <p data-start="4549" data-end="4802">The final takeaway from Cannes? Ethereum institutional adoption isn’t a trend — it’s a structural transformation. With developers, regulators, and corporations aligning behind <a href="https://cryptocurrencynews.com/market-news/ethereum-tokenization-sparks-stock-rally/#google_vignette">Ethereum</a>, the network is poised to power the financial systems of the future.</p> <p data-start="4804" data-end="4909">As Buterin put it: “We don’t just want to succeed. We want to be something that is worthy of succeeding.”</p> <p><i>Featured Image: Freepik</i></p> <p><a href="https://cryptocurrencynews.com/disclaimer" target="_blank" rel="noopener">Please See Disclaimer</a></p>
  4. The ‘Web3 CES’ is coming to Hong Kong: The world’s first DePIN-themed exhibition, DePIN Expo 2025, is set to make its grand debut

    Fri, 04 Jul 2025 16:19:08 -0000

    HONG KONG, July 3, 2025 /PRNewswire/ — From the first personal computers entering households, to smartphones reshaping social interaction and information access, and later the Internet of Things connecting everything — with AI permeating every corner of life — each major technological leap has often begun with a pivotal “expo gathering.” Now, at the turning … Continue reading "The ‘Web3 CES’ is coming to Hong Kong: The world’s first DePIN-themed exhibition, DePIN Expo 2025, is set to make its grand debut"
    <figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/07/cffb10d7a216fef82bbaf2b909065843.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/07/cffb10d7a216fef82bbaf2b909065843.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/07/cffb10d7a216fef82bbaf2b909065843-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/07/cffb10d7a216fef82bbaf2b909065843-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/07/cffb10d7a216fef82bbaf2b909065843-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p><span class="legendSpanClass"><span class="xn-location">HONG KONG</span></span>, <span class="legendSpanClass"><span class="xn-chron">July 3, 2025</span></span> /PRNewswire/ &#8212; From the first personal computers entering households, to smartphones reshaping social interaction and information access, and later the Internet of Things connecting everything — with AI permeating every corner of life — each major technological leap has often begun with a pivotal &#8220;expo gathering.&#8221;</p> <p>Now, at the turning point where physical devices are gradually integrating with blockchain, the Web3 world is ushering in its own &#8220;expo moment.&#8221; DePIN Expo 2025, an innovative industry exhibition focused on on-chain hardware and the convergence of the physical and <span>crypto</span> worlds, is set to debut this summer in <span class="xn-location">Hong Kong</span>.</p> <p><b>CES: A Global Tech Industry Barometer Spanning Half a Century</b></p> <p>Since its founding in 1967, CES (Consumer Electronics Show) has been a global barometer for the tech industry. From smartphones, tablets, and the Internet of Things to wearables, smart homes, autonomous driving, and AI voice assistants — countless groundbreaking hardware products have made their global debut at CES.</p> <p>It&#8217;s no exaggeration to say that nearly every major shift in human lifestyle over the past 60 years can be traced back to a CES showcase.</p> <p>What makes CES so significant is not just its display of new technologies, but its ability to define how those technologies will truly transform the world. CES is not only the tech industry&#8217;s annual proving ground — it is a &#8220;real-world showroom&#8221; forecasting the future of how we live.</p> <p><b>From DePIN to MetaDePIN: Reconstructing the Value of Hardware, Data, and Incentives</b></p> <p>In the early stages of Web3, the conversation centered around protocols, assets, and financial logic. Since 2024, however, a new trend has started to gain traction: DePIN (<span>Decentralized</span> Physical Infrastructure Networks).</p> <p>DePIN is emerging as one of the most tangible and impactful sectors within the Web3 landscape. Physical-world devices such as routers, electric vehicles, cameras, home gateways, and logistics trackers are no longer just networked — they are becoming on-chain. These devices serve as &#8220;nodes&#8221; in blockchain networks, participating in global coordination and generating real-world revenue. DePIN brings the concept of &#8220;on-chain&#8221; from virtual environments into physical spaces — from lines of code to cities and homes.</p> <p>The number of DePIN projects worldwide has grown from 650 in 2022 to 1,170 in 2024 — an almost 12-fold increase. More than 13 million devices now participate in DePIN networks daily. According to Messari, the DePIN market is projected to reach a value of <span class="xn-money">$3.5 trillion</span> by 2028.</p> <p>Today, with the rise of use cases such as RWA (Real World Assets), AI agents, and edge computing, DePIN is moving beyond simple hotspot miners and low-power devices. It is evolving into a broader network of devices, economic systems, and real-world applications: a payment card linked directly to on-chain <span>DeFi</span> networks; an electric vehicle automatically recording carbon credits on-chain and navigating via AI; a network of AI-powered cameras capturing urban traffic data, registering it on-chain, and triggering incentive mechanisms.</p> <p>This converging trend is what we call <b>MetaDePIN </b>— a new paradigm of DePIN that spans hardware form factors, incentive protocols, AI systems, and real-world assets.</p> <p><b>DePIN Expo 2025: The &#8220;Web3 CES&#8221; Officially Launches in <span class="xn-location">Hong Kong</span></b></p> <p>To showcase the powerful convergence of hardware and blockchain, DePIN Expo 2025 will be held on August 27–28, 2025, at Cyberport, <span class="xn-location">Hong Kong</span>.</p> <p>This is the world&#8217;s first industry-level event dedicated to the DePIN concept, and the first large-scale consumer tech expo in Web3 history centered around on-chain hardware.</p> <p><b> Event Highlights: </b></p> <ul type="disc"> <li><b>Industry First</b>: The world&#8217;s first flagship event focused on DePIN (<span>Decentralized</span> Physical Infrastructure Networks)</li> <li><b>Top-Level Support</b>: Guided by the <span class="xn-location">Hong Kong</span> <span id="spanHghltbac2">SAR</span> government, with collaboration from <span class="xn-org">Stanford University</span>, UC Berkeley, and Barron&#8217;s <span class="xn-location">China</span></li> <li><b>Cross-Industry Integration</b>: Spotlight on DePIN × RWA, AI convergence, machine economy, hardware manufacturing, cross-border logistics, and immersive real-world demos</li> <li><b>Business Enablement</b>: Dedicated zones for bulk trading and private traffic matchmaking to accelerate large-scale deployment and precise conversion for DePIN projects</li> </ul> <p>The goal of DePIN Expo is not merely to showcase &#8220;how devices go on-chain,&#8221; but to create a <b>Web3 version of CES </b>— a platform that bridges technological breakthroughs and real-world experiences, connects capital markets with manufacturing networks, and links the on-chain world with the physical economy. On-site, the expo will feature <b>dozens of MetaDePIN devices</b><b>across seven key application categories</b>, including compute, network, sensing, identity, energy, logistics, and infrastructure:</p> <ul type="disc"> <li><b>Compute</b>: Home mining rigs, AI companions, smart speakers, gaming render nodes, edge computing terminals</li> <li><b>Wireless</b>: DePIN smartphones, eSIM cards, 5G routers, home WiFi hotspot devices, broadband boxes</li> <li><b>Sensors</b>: Smartwatches, smart rings, cameras, dashcams, video doorbells, air quality monitors</li> <li><b>Identity</b>: Iris scanners, U-cards, hardware wallets, Web3 ID cards, mobile identity tags</li> <li><b>Energy</b>: Residential solar panels, EV charging adapters, home battery storage systems, shared charging stations</li> <li><b>Logistics</b>: Autonomous vehicles, robots, encrypted delivery boxes, cold-chain logistics nodes</li> <li><b>Infrastructure</b>: Public blockchains, oracles, <span>decentralized</span> data storage, smart contract gateways, trusted hardware modules</li> </ul> <p><b> Event Agenda: </b></p> <ul type="disc"> <li><b><span class="xn-chron">August 26</span> (Evening): Official Event</b></li> </ul> <p>DePIN Power On Night</p> <ul type="disc"> <li><b><span class="xn-chron">August 27</span> (Morning): Opening Day</b></li> </ul> <p>Government representatives and industry leaders will discuss the future of DePIN applications. Closed-door sessions and on-site visits will kick off a new chapter in on-chain and real-world integration.</p> <ul type="disc"> <li><b><span class="xn-chron">August 27</span> (Afternoon): DePIN × Everything</b></li> </ul> <p>Focus on DePIN&#8217;s core role in connecting millions of users, reshaping asset paradigms, and expanding the <span>crypto</span> hardware ecosystem.</p> <ul type="disc"> <li><b><span class="xn-chron">August 27</span> (Evening): Side Event</b></li> </ul> <p>DePIN After Dark: Builder &amp; KOL Private Night</p> <ul type="disc"> <li><b><span class="xn-chron">August 28</span> (Morning): DePIN × AI</b></li> </ul> <p>Explore how DePIN and AI are redefining the compute value stack, enabling device autonomy, on-chain model deployment, and large-scale machine economy applications.</p> <ul type="disc"> <li><b><span class="xn-chron">August 28</span> (Afternoon): DePIN × RWA</b></li> </ul> <p>Deep dive into how DePIN enables the tokenization of real-world assets—reconstructing data ownership, revenue models, and trust layers for global asset allocation.</p> <ul type="disc"> <li><b><span class="xn-chron">August 28</span> (Evening): Official Event</b></li> </ul> <p>DePIN Never Offline Night</p> <p>In addition, DePIN Expo 2025 will host a series of high-level forums in collaboration with <span class="xn-org">Stanford University</span>, UC Berkeley, Barron&#8217;s <span class="xn-location">China</span>, <span>Bitcoin</span> Magazine, and others — spotlighting topics like AI × DePIN, RWA asset validation, and global node ecosystems. For the first time, the event will also connect the entire value chain — from design and manufacturing to overseas deployment — creating a comprehensive DePIN industry collaboration platform.</p> <p><b><span class="xn-location">Hong Kong</span>: The Premier Global Hub for DePIN</b></p> <p>As one of the few international financial cities actively supporting the convergence of Web3 and the real world, <span class="xn-location">Hong Kong</span> is emerging as the ideal ground for the rise of DePIN. In recent years, the <span class="xn-location">Hong Kong</span> <span id="spanHghlt8ab4">SAR</span> government has introduced a regulatory framework for virtual assets, launched pilot programs for stablecoins and tokenized assets, and sent strong policy signals in support of real-world Web3 applications.</p> <p>Geographically, <span class="xn-location">Hong Kong</span> is within a one-hour reach of <span class="xn-location">Shenzhen</span>, <span class="xn-location">Dongguan</span>, and Foshan — major hardware manufacturing and OEM hubs in mainland <span class="xn-location">China</span>. This proximity enables a seamless link between on-chain demand and offline factories, creating a new collaborative model of &#8220;<span>decentralized</span> orders + physical production lines,&#8221; and providing DePIN with unprecedented advantages in manufacturing and deployment.</p> <p>At the same time, <span class="xn-location">Hong Kong</span> is home to leading exchanges and <span>crypto</span> funds, and serves as a natural gateway to emerging markets such as <span class="xn-location">Japan</span>, <span class="xn-location">South Korea</span>, <span class="xn-location">Singapore</span>, and the <span class="xn-location">Middle East</span>. Over the past year, the city has hosted a series of major international <span>crypto</span> conferences (such as Consensus Hong Kong and <span>Bitcoin</span> <span class="xn-location">Asia</span>), fueling a powerful convergence of capital and talent and cementing its role as a preferred destination for Web3 entrepreneurship and global exchange.</p> <p>At DePIN Expo 2025, a dedicated &#8220;DePIN Urban Demo Zone&#8221; will be unveiled, using <span class="xn-location">Hong Kong</span> as a prototype to showcase how on-chain hardware can be deployed, operated, and settled at a city scale. This marks the first time in Web3 history that DePIN is being presented through a city-wide lens, signifying a shift from &#8220;hardware lab&#8221; to &#8220;infrastructure platform.&#8221;</p> <p>The successful hosting of DePIN Expo 2025 will establish <span class="xn-location">Hong Kong</span> as the global flagship for a &#8220;Web3 CES,&#8221; further solidifying its position as a leading center of <span>crypto</span> innovation in <span class="xn-location">Asia</span> and beyond. We look forward to it together.</p> <p><b>Countdown Begins • Join Us in Shaping the Future</b></p> <p>If you are a hardware manufacturer, public blockchain platform, AI developer, RWA project, manufacturing enterprise, supply chain partner, investment institution, tech community, or media outlet focused on or exploring DePIN-related applications — we invite you to join us in witnessing and building this historic moment for the DePIN industry.</p> <p><b>Secure your opportunity for early exposure and on-site visibility — register now: </b></p> <p><b> Event Registration </b> :<a href="https://lu.ma/1qol9wna" rel="nofollow noopener" target="_blank">https://lu.ma/1qol9wna</a><br /></br><b>Official Website </b> :<a href="https://depinexpo.ai/" rel="nofollow noopener" target="_blank">https://depinexpo.ai</a><br /></br><b>Business Inquiries </b> : <a href="mailto:sponsor@depinexpo.ai" rel="nofollow noopener" target="_blank">sponsor@depinexpo.ai</a><br /></br><b>Media Partnerships </b> : <a href="mailto:media@depinexpo.ai" rel="nofollow noopener" target="_blank">media@depinexpo.ai</a></p> <p id="PURL"><img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=CN23647&amp;sd=2025-07-03" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.com/news-releases/the-web3-ces-is-coming-to-hong-kong-the-worlds-first-depin-themed-exhibition-depin-expo-2025-is-set-to-make-its-grand-debut-302497643.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/the-web3-ces-is-coming-to-hong-kong-the-worlds-first-depin-themed-exhibition-depin-expo-2025-is-set-to-make-its-grand-debut-302497643.html</a></p> <p>SOURCE DePIN Expo</p> <p><img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=CN23647&amp;Transmission_Id=202507030816PR_NEWS_USPR_____CN23647&amp;DateId=20250703" style="border:0px;width:1px;height:1px"></img></p> <p>Featured Image: depositphotos @ akulamatiau</p> <p><a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a></p>
  5. BlackRock Bitcoin ETF: Catalyst for Crypto’s Mainstream Moment?

    Thu, 03 Jul 2025 20:46:33 -0000

    BlackRock
    The BlackRock Bitcoin ETF (IBIT) has rapidly emerged as a transformative force in the financial world. Since its launch just 18 months ago, the iShares Bitcoin Trust (IBIT) has ballooned to over $75 billion in assets under management (AUM). This meteoric rise signals a powerful shift: crypto is no longer a fringe asset—it’s becoming a … Continue reading "BlackRock Bitcoin ETF: Catalyst for Crypto’s Mainstream Moment?"
    <figure><img width="696" height="465" src="https://cryptocurrencynews.com/wp-content/uploads/2024/03/BlackRock-Stock.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="BlackRock" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/03/BlackRock-Stock.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/BlackRock-Stock-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/BlackRock-Stock-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p data-start="353" data-end="741">The BlackRock Bitcoin ETF (IBIT) has rapidly emerged as a transformative force in the financial world. Since its launch just 18 months ago, the iShares Bitcoin Trust (IBIT) has ballooned to over $75 billion in assets under management (AUM). This meteoric rise signals a powerful shift: crypto is no longer a fringe asset—it’s becoming a core component of institutional portfolios.</p> <p data-start="743" data-end="1187">The BlackRock Bitcoin ETF now generates more annual fee revenue than its own flagship equity fund, iShares Core S&amp;P 500 ETF (NYSEARCA:IVV), despite managing just a fraction of the assets. As the U.S. Securities and Exchange Commission (SEC) mulls the approval of BlackRock’s proposed <em data-start="1031" data-end="1057">in-kind redemption model</em>, investors and analysts alike are watching closely. Could this change mark the final step toward full crypto mainstream adoption?</p> <h2 data-start="1194" data-end="1229">Demand Defies the Fee Structure</h2> <p data-start="1231" data-end="1578">IBIT’s 0.25% management fee may seem high compared to traditional ETFs, but it hasn’t scared off investors. In fact, the BlackRock Bitcoin ETF has captured $52 billion of the $54 billion total inflows into U.S. spot Bitcoin ETFs to date. Its fee revenue—an estimated $187 million annually—has already outpaced the long-established IVV.</p> <p data-start="1580" data-end="1845">This speaks volumes: investors are willing to pay more for secure, regulated access to Bitcoin. BlackRock CEO Larry Fink’s characterization of Bitcoin as a “flight to quality” and a modern diversification asset only underscores this strategic repositioning.</p> <p data-start="1847" data-end="2202">In BlackRock’s latest Q2 report, analysts highlight Bitcoin’s growing role in diversifying portfolios in an age when traditional asset correlations—particularly between stocks and bonds—are breaking down. Bitcoin&#8217;s relatively low correlation with both equities and bonds makes it an increasingly attractive hedge in today’s volatile macro environment.</p> <h2 data-start="2209" data-end="2258">The SEC and the Future of In-Kind Redemptions</h2> <p data-start="2260" data-end="2524">The SEC’s decision on whether to allow in-kind redemptions—where investors can exchange actual Bitcoin for ETF shares—is delayed until late 2025. The outcome could be a game-changer for the BlackRock Bitcoin ETF and the broader crypto investment landscape.</p> <p data-start="2526" data-end="2628">Currently, cash-based redemptions are standard for spot Bitcoin ETFs. But in-kind functionality could:</p> <ul data-start="2630" data-end="2803"> <li data-start="2630" data-end="2678"> <p data-start="2632" data-end="2678">Lower operational costs for institutions</p> </li> <li data-start="2679" data-end="2720"> <p data-start="2681" data-end="2720">Enhance liquidity and scalability</p> </li> <li data-start="2721" data-end="2803"> <p data-start="2723" data-end="2803">Attract even more conservative capital, such as pension funds and endowments</p> </li> </ul> <p data-start="2805" data-end="2981">Approval would send a strong message that regulators see Bitcoin not only as a viable asset but as a foundational building block for the next generation of investment products.</p> <h2 data-start="2988" data-end="3044">Portfolio Revolution: The 60/40 Model Under Pressure</h2> <p data-start="3046" data-end="3251">For decades, the 60% equity/40% bond portfolio mix has ruled institutional investing. But IBIT’s performance—and Bitcoin’s inverse correlation with both major asset classes—suggests a shake-up is underway.</p> <p data-start="3253" data-end="3547">BlackRock’s internal data shows that adding 1–2% Bitcoin allocation to a 60/40 portfolio meaningfully boosts risk-adjusted returns. With the BlackRock Bitcoin ETF acting as the bridge between crypto and traditional finance, asset managers are starting to rethink allocation frameworks.</p> <p data-start="3549" data-end="3730">While IBIT’s $75 billion AUM is still small compared to BlackRock’s total ETF footprint, it represents a significant toehold—and a beachhead for crypto&#8217;s institutional conquest.</p> <h2 data-start="3737" data-end="3768">Key Takeaways for Investors</h2> <ul data-start="3770" data-end="4240"> <li data-start="3770" data-end="3901"> <p data-start="3772" data-end="3901">Watch the SEC: The late-2025 ruling on in-kind redemptions could unleash a wave of new inflows—or force a regulatory rethink.</p> </li> <li data-start="3902" data-end="4071"> <p data-start="3904" data-end="4071">Consider IBIT for Regulated Exposure: Investors wary of self-custody or unregulated exchanges can rely on the BlackRock Bitcoin ETF for credible crypto access.</p> </li> <li data-start="4072" data-end="4240"> <p data-start="4074" data-end="4240">Track Macro Trends: Economic slowdowns, central bank policy shifts, and geopolitical uncertainty all favor Bitcoin as a “crisis hedge,” reinforcing IBIT’s appeal.</p> </li> </ul> <h2 data-start="4247" data-end="4299">Conclusion: Crypto’s Institutional Era Has Begun</h2> <p data-start="4301" data-end="4655">The success of the <a href="https://cryptocurrencynews.com/investing-news/blackrock-bitcoin-etp-a-landmark-move-for-european-crypto-investors/">BlackRock</a> Bitcoin ETF marks a turning point in crypto’s evolution. It’s not just about price action anymore—it’s about legitimacy, scale, and integration into the financial mainstream. With the SEC&#8217;s decision looming and institutional interest accelerating, IBIT could become the blueprint for a new era in digital asset investing.</p> <p data-start="4657" data-end="4868" data-is-last-node="" data-is-only-node="">The message for investors is clear: crypto’s fringe days are over. Whether through fee-generating ETFs or core asset allocations, Bitcoin has entered the institutional conversation—and it’s here to stay.</p> <p><em>Featured Image: Megapixl</em></p> <p><a href="https://cryptocurrencynews.com/disclaimer">Please See Disclaimer</a></p>
  6. Bitcoin Price Forecast: Arthur Hayes Warns of Dip to $90K

    Thu, 03 Jul 2025 20:33:10 -0000

    Bitcoin price
    Bitcoin (BTC) may be hovering near record highs, but crypto entrepreneur and BitMEX co-founder Arthur Hayes is issuing a word of caution. According to Hayes, the Bitcoin price forecast now includes a possible retracement to $90,000—even as the long-term trend remains bullish. The warning comes in the wake of the passage of President Donald Trump’s … Continue reading "Bitcoin Price Forecast: Arthur Hayes Warns of Dip to $90K"
    <figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/07/SL_0212121_40670_20-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Bitcoin price" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/07/SL_0212121_40670_20-1.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/SL_0212121_40670_20-1-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/SL_0212121_40670_20-1-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p data-start="345" data-end="629">Bitcoin (BTC) may be hovering near record highs, but crypto entrepreneur and BitMEX co-founder Arthur Hayes is issuing a word of caution. According to Hayes, the Bitcoin price forecast now includes a possible retracement to $90,000—even as the long-term trend remains bullish.</p> <p data-start="631" data-end="964">The warning comes in the wake of the passage of President Donald Trump’s so-called “Big Beautiful Bill”, which combines tax cuts with an increase in the U.S. debt ceiling. While this may sound like a market-friendly move, Hayes argues it could temporarily drain liquidity from financial markets—and drag down Bitcoin with it.</p> <h2 data-start="971" data-end="1027">Trump&#8217;s “Big Beautiful Bill” and the Treasury Impact</h2> <p data-start="1029" data-end="1389">On Wednesday, July 2, the House passed Trump’s new fiscal bill, which had already cleared the Senate. President Trump is expected to sign it into law on Independence Day, July 4. The bill, which aims to cut taxes and raise the debt ceiling, may sound pro-growth at first glance. But Hayes warns of short-term fallout for risk assets, including Bitcoin.</p> <p data-start="1391" data-end="1723">In his latest blog post titled <em data-start="1422" data-end="1446">&#8220;Quid Pro Stablecoin,&#8221;</em> Hayes said that the U.S. Treasury would likely refill its General Account (TGA) after the bill passes. Doing so would require the Treasury to issue new debt, soaking up liquidity from the financial system—capital that would otherwise flow into risk assets like crypto.</p> <p data-start="1725" data-end="1828">“Proceed with caution,” Hayes wrote. “The bull market might be interrupted for a short period of time.”</p> <h2 data-start="1835" data-end="1880">Bitcoin Near Highs—But a Dip Could Follow</h2> <p data-start="1882" data-end="2089">As of Thursday, Bitcoin was trading at $109,594, according to CoinGecko, just 2% off its all-time high of $111,814 set in May. The coin has gained over 2% in the last seven days, but momentum is slowing.</p> <p data-start="2091" data-end="2316">Despite the recent rally, Hayes believes the Bitcoin price forecast includes a pullback to $90,000 in the near future. However, he maintains a long-term bullish stance, calling any correction a temporary shakeout.</p> <h2 data-start="2323" data-end="2379">Hayes: Bitcoin Still on Track for $1 Million by 2028</h2> <p data-start="2381" data-end="2681">This isn’t the first time Hayes has made bold predictions. In May, he stated that Bitcoin could hit $1 million per coin by 2028. The rationale? A combination of central bank money printing, growing distrust in U.S. Treasury securities, and increasing demand for decentralized stores of value.</p> <p data-start="2683" data-end="2993">According to Hayes, as investors flee U.S. treasuries, they’re likely to pour money into alternative assets like Bitcoin. While the Bitcoin price forecast may include turbulence, the long-term trajectory remains upward—particularly if fiscal and monetary policy continue to devalue fiat currencies.</p> <h2 data-start="3000" data-end="3061">Stablecoins and Fiscal Control: What the GENIUS Act Means</h2> <p data-start="3063" data-end="3345">Hayes also warned that the U.S. government’s interest in stablecoins is less about innovation and more about fiscal manipulation. In the same blog post, he argued that the GENIUS Act, passed by the Senate last month, is designed to limit private issuance of stablecoins.</p> <p data-start="3347" data-end="3679">Instead, the legislation would allow large banks to issue stablecoins—which could then be used to purchase U.S. Treasuries, effectively helping the government finance its growing debt. While it provides regulatory clarity, Hayes argues this shift could centralize control and suppress innovation in the crypto space.</p> <h2 data-start="3686" data-end="3717">Should You Buy Bitcoin Now?</h2> <p data-start="3719" data-end="3907">The short answer: proceed with caution. The Bitcoin price forecast suggests potential for a short-term drop due to macro liquidity shifts, but the long-term picture remains bright.</p> <p data-start="3909" data-end="4177">Traders should prepare for volatility as the Treasury ramps up borrowing and stablecoin regulation evolves. Hayes&#8217; projection of a dip to $90,000 might unsettle some investors—but for long-term believers, it could offer a buying opportunity before the next leg up.</p> <h2 data-start="4184" data-end="4202">Final Thoughts</h2> <p data-start="4204" data-end="4441">Trump’s “Big Beautiful Bill” is set to reshape fiscal policy and market liquidity in the months ahead. While <a href="https://cryptocurrencynews.com/market-news/bitcoin-price-forecast-eyes-110k-breakout/#google_vignette">Bitcoin</a> remains a top-performing asset, Arthur Hayes’ Bitcoin price forecast urges patience amid a shifting macro landscape.</p> <p data-start="4443" data-end="4651" data-is-last-node="" data-is-only-node="">In his view, a short-term dip is not a reason to panic—but a reminder that even bull markets come with bumps. For now, crypto investors would be wise to keep one eye on the charts—and the other on Washington.</p> <p><em>Featured Image: Freepik</em></p> <p><a href="https://cryptocurrencynews.com/disclaimer">Please See Disclaimer</a></p>
  7. Robert MacDonald, Bybit Chief Compliance Officer, Makes Asian Legal Business’ Top 15 in 2025

    Thu, 03 Jul 2025 16:19:09 -0000

    DUBAI, UAE, July 3, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to share Robert MacDonald, Chief Legal and Compliance Officer of Bybit, has been featured by the prestigious trade magazine Asian Legal Business (ALB) among Asia’s top 15 chief compliance officers. The trailblazing changemakers are recognized for their pioneering … Continue reading "Robert MacDonald, Bybit Chief Compliance Officer, Makes Asian Legal Business’ Top 15 in 2025"
    <figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/07/71393358779c92150dc105824f92a8c3.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/07/71393358779c92150dc105824f92a8c3.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/07/71393358779c92150dc105824f92a8c3-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/07/71393358779c92150dc105824f92a8c3-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/07/71393358779c92150dc105824f92a8c3-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p><span class="legendSpanClass"><span class="xn-location">DUBAI</span>, UAE</span>, <span class="legendSpanClass"><span class="xn-chron">July 3, 2025</span></span> /PRNewswire/ &#8212; <a href="https://www.bybit.com/en/press" rel="nofollow noopener" target="_blank">Bybit</a>, the world&#8217;s second-largest cryptocurrency exchange by trading volume, is pleased to share <span class="xn-person">Robert MacDonald</span>, Chief Legal and Compliance Officer of Bybit, has been featured by the prestigious trade magazine <a href="https://www.legalbusinessonline.com/" rel="nofollow noopener" target="_blank">Asian Legal Business</a> (ALB) among <a href="https://www.legalbusinessonline.com/sites/default/files/e-magazines/ALB-ASIA-JUNE-2025/30/" rel="nofollow noopener" target="_blank"><span class="xn-location">Asia&#8217;s</span> top 15 chief compliance officers</a>. The trailblazing changemakers are recognized for their pioneering work in redefining regulatory compliance as a strategic growth engine in the digital asset industry. </p> <p>Acknowledging the fresh challenges faced by chief compliance officers in an era of fragmented regulations, ALB Magazine highlights MacDonald&#8217;s demonstrable leadership in navigating cryptocurrency complexities through &#8220;regulatory diplomacy.&#8221; He has been instrumental in reinforcing Bybit&#8217;s commitment to legal integrity and robust governance while balancing sustainable growth. His background in regulatory compliance and combating financial crime has positioned Bybit at the forefront of industry best practices.</p> <p>MacDonald&#8217;s extensive experience includes serving with the U.K. Ministry of Justice and engaging with the Financial Action Task Force (FATF), the global financial crime watchdog, before transitioning to an international career in the private sector where he has applied his regulatory expertise to business growth strategies.</p> <p>The list showcases <span class="xn-location">Asia&#8217;s</span> best compliance leaders from diverse sectors including the world&#8217;s leading financial service institutions, emerging cryptocurrency exchanges, technology giants, luxury brands, and multinational corporations, highlighting the strategic importance of compliance roles across industries in today&#8217;s complex regulatory environment.</p> <p>&#8220;I&#8217;m truly honoured to be recognised in the <span class="xn-chron">June 2025</span> edition of ALB. Grateful to be featured among such esteemed peers and for the opportunity to contribute to the evolving crypto compliance landscape in <span class="xn-location">Asia</span>. My journey in crypto over the last 3 to 4 years has seen the adoption of crypto and practical use cases grow exponentially,&#8221; said <b><span class="xn-person">Robert MacDonald</span>, Chief Legal and Compliance Officer at Bybit</b>. &#8220;From &#8216;HODLing&#8217;, trading to daily spending via card partnerships to institutional adoption. This growth has led to greater awareness and understanding from global regulators and emerging market regulators keen to understand the technology for adoption and regulatory frameworks in their own jurisdictions,&#8221; he said.</p> <p>&#8220;My journey with Bybit has seen Bybit grow from 30 million registered users to over 70 million users. This growth has seen Bybit obtain a number of new licences, to name a few: <span class="xn-location">Austria</span> (MiCAR), UAE, <span class="xn-location">Turkey</span> and <span class="xn-location">Georgia</span>. Obtaining and maintaining these licences aligns with our broader commitment to providing secure, compliant and regulated services across global markets,&#8221; <b>MacDonald</b> reflected on his Bybit experience.</p> <p><span class="xn-person">Robert MacDonald</span> was <a href="https://www.bybit.com/en/press/post/bybit-bolsters-compliance-with-appointment-of-new-chief-legal-compliance-officer-blteea8e50008ef6c47" rel="nofollow noopener" target="_blank">appointed Chief Legal and Compliance Officer</a> of Bybit in <span class="xn-chron">September 2024</span>. Prior to joining Bybit, MacDonald started his career in criminal justice as a UK-qualified barrister before transitioning to the public sector and later to multinationals in financial services, technology, and crypto and Web3.</p> <p>The ALB Asia recognition underscores the growing importance of compliance leadership in the digital asset sector, where regulatory frameworks continue to develop across multiple jurisdictions. MacDonald&#8217;s work demonstrates how proactive engagement with regulatory challenges can create sustainable competitive advantages rather than simply managing operational risks.</p> <div dir="ltr" id="prni_dvprnejpg0a44left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Robert MacDonald, Bybit Chief Compliance Officer, Makes Asian Legal Business' Top 15 in 2025" id="prnejpg0a44left" src="https://mma.prnewswire.com/media/2724239/Robert_MacDonald_Bybit_Chief_Compliance_Officer_Makes_Asian_Legal_Business.jpg" title="Robert MacDonald, Bybit Chief Compliance Officer, Makes Asian Legal Business' Top 15 in 2025"></img></div> <p>#Bybit / #TheCryptoArk</p> <p><b>About Bybit</b></p> <p>Bybit is the world&#8217;s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at <a href="http://bybit.com/" rel="nofollow noopener" target="_blank">Bybit.com</a>.</p> <p>For more details about Bybit, please visit <a href="https://www.bybit.com/en/press" rel="nofollow noopener" target="_blank">Bybit Press</a> <br /></br>For media inquiries, please contact: <a href="mailto:media@bybit.com" rel="nofollow noopener" target="_blank">media@bybit.com</a> <br /></br>For updates, please follow: <a href="https://www.bybit.com/en-us/promo/global/communities/" rel="nofollow noopener" target="_blank">Bybit&#8217;s Communities and Social Media</a></p> <p><a href="https://discord.gg/bybit" rel="nofollow noopener" target="_blank">Discord</a> | <a href="https://www.facebook.com/Bybit/" rel="nofollow noopener" target="_blank">Facebook</a> | <a href="https://www.instagram.com/bybit_official/?hl=en" rel="nofollow noopener" target="_blank">Instagram</a> | <a href="https://www.linkedin.com/company/bybitexchange/" rel="nofollow noopener" target="_blank">LinkedIn</a> | <a href="https://www.reddit.com/r/Bybit/" rel="nofollow noopener" target="_blank">Reddit</a> | <a href="https://t.me/s/Bybit_Announcements" rel="nofollow noopener" target="_blank">Telegram</a> | <a href="https://www.tiktok.com/@bybit_official?lang=en" rel="nofollow noopener" target="_blank">TikTok</a> | <a href="https://twitter.com/Bybit_Official" rel="nofollow noopener" target="_blank">X</a> | <a href="https://www.youtube.com/c/bybit" rel="nofollow noopener" target="_blank">Youtube</a></p> <div dir="ltr" id="prni_dvprnejpgf8bcleft" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Bybit Logo" id="prnejpgf8bcleft" src="https://mma.prnewswire.com/media/2267288/Logo.jpg" title="Bybit Logo"></img></div> <p>Photo &#8211; <a href="https://mma.prnewswire.com/media/2724239/Robert_MacDonald_Bybit_Chief_Compliance_Officer_Makes_Asian_Legal_Business.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2724239/Robert_MacDonald_Bybit_Chief_Compliance_Officer_Makes_Asian_Legal_Business.jpg</a><br /></br>Logo &#8211; <a href="https://mma.prnewswire.com/media/2267288/Logo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2267288/Logo.jpg</a></p> <p id="PURL"><img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN23649&amp;sd=2025-07-03" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/robert-macdonald-bybit-chief-compliance-officer-makes-asian-legal-business-top-15-in-2025-302497525.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/robert-macdonald-bybit-chief-compliance-officer-makes-asian-legal-business-top-15-in-2025-302497525.html</a></p> <p><img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN23649&amp;Transmission_Id=202507030500PR_NEWS_EURO_ND__EN23649&amp;DateId=20250703" style="border:0px;width:1px;height:1px"></img></p> <p>Featured Image: depositphotos @ hello</p> <p><a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a></p>
  8. Ethereum Tokenization Sparks Stock Rally

    Wed, 02 Jul 2025 20:49:21 -0000

    Ethereum institutional adoption
    A renewed surge of interest in Ethereum tokenization has given a strong boost to ether and several related stocks, marking a turning point for the world’s second-largest blockchain platform. As Ethereum (ETH) nears its 10th anniversary at the end of July, investors are revisiting the network’s potential—not just as a cryptocurrency platform but as the … Continue reading "Ethereum Tokenization Sparks Stock Rally"
    <figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/07/3180-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Ethereum institutional adoption" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/07/3180-1.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/3180-1-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/3180-1-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p data-start="352" data-end="756">A renewed surge of interest in Ethereum tokenization has given a strong boost to ether and several related stocks, marking a turning point for the world’s second-largest blockchain platform. As Ethereum (ETH) nears its 10th anniversary at the end of July, investors are revisiting the network’s potential—not just as a cryptocurrency platform but as the foundation for a new era of digital finance.</p> <p data-start="758" data-end="971">On Wednesday, the price of ether rose 5%, according to Coin Metrics, helping drive gains across stocks linked to the Ethereum ecosystem. This price action came despite the coin still being down 24% year-to-date.</p> <h2 data-start="973" data-end="1018">Crypto Stocks Soar on Tokenization News</h2> <p data-start="1020" data-end="1310">Several companies with exposure to Ethereum saw notable stock gains on the day. BitMine Immersion Technologies (OTC:BMNR), which recently announced plans to adopt ETH as its primary treasury reserve asset, surged nearly 20%. The stock has skyrocketed over 1,000% since its Ethereum pivot.</p> <p data-start="1312" data-end="1522">SharpLink Gaming (NASDAQ:SBET), which also integrated an ETH treasury strategy, jumped more than 11%. Bit Digital (NASDAQ:BTBT), which just exited bitcoin mining in favor of Ethereum staking, climbed over 6%.</p> <p data-start="1524" data-end="1702">The gains underscore a growing theme: as Ethereum tokenization gains traction, firms realigning their strategies around the Ethereum blockchain are being rewarded by investors.</p> <h2 data-start="1704" data-end="1768">Stablecoins Open the Door to Real-World Asset Tokenization</h2> <p data-start="1770" data-end="1973">According to Devin Ryan, head of financial technology research at Citizens, “We’re finally at the point where real use cases are emerging, and stablecoins have been the first version of that at scale.”</p> <p data-start="1975" data-end="2283">Stablecoins like Tether (USDT) and Circle’s USD Coin (USDC) are both issued on the Ethereum network and are seen as early examples of real-world assets being tokenized on-chain. These coins provide the basis for broader Ethereum tokenization applications—including tokenized stocks, bonds, and real estate.</p> <p data-start="2285" data-end="2690">The momentum is gaining institutional support as well. BlackRock’s (NYSE:BLK) tokenized money market fund, BUIDL (USD Institutional Digital Liquidity Fund), launched on Ethereum in 2023 and has since expanded across other blockchains. Meanwhile, ether ETFs attracted $40 million in inflows this week, led by BlackRock’s iShares Ethereum Trust, after fears that ETH ETFs were turning into “zombie funds.”</p> <h2 data-start="2692" data-end="2734">Robinhood and the Tokenization Trend</h2> <p data-start="2736" data-end="3050">Further fueling optimism, Robinhood (NASDAQ:HOOD) announced it will enable the trading of tokenized U.S. stocks and ETFs across Europe. The move comes amid a spike in demand for tokenized financial products following the Senate’s advancement of the GENIUS Act stablecoin bill and Circle’s IPO filing in June.</p> <p data-start="3052" data-end="3247">These developments represent a key validation of Ethereum’s role in the future of finance. As Tom Lee of Fundstrat put it, Ethereum is “the backbone and architecture” of the stablecoin economy.</p> <h2 data-start="3249" data-end="3281">Ethereum’s Comeback Story?</h2> <p data-start="3283" data-end="3512">Despite its 5% rally, ether remains roughly 75% off its all-time high and continues to face headwinds—including weaker revenue, uncertainty about the network’s direction, and increasing competition from blockchains like Solana.</p> <p data-start="3514" data-end="3696">Still, as more institutions and fintech platforms adopt Ethereum tokenization strategies, ETH is poised to reassert itself as the go-to infrastructure for digital asset innovation.</p> <p data-start="3698" data-end="4053">The <a href="https://www.mckinsey.com/featured-insights/mckinsey-explainers/what-is-tokenization" target="_blank" rel="noopener">tokenization</a> process itself—the act of issuing blockchain-based versions of real-world assets—has been heralded as a multitrillion-dollar opportunity by firms like Citi and BCG. While holders of tokenized assets don’t own the underlying assets outright, the increased liquidity, transparency, and accessibility they offer are driving rapid adoption.</p> <p data-start="4055" data-end="4287">Ethereum’s smart contracts make it the ideal network for building and managing these tokenized ecosystems. And with legislative momentum and rising institutional interest, the latest rally may be more than just another crypto fad.</p> <p data-start="4289" data-end="4475" data-is-last-node="" data-is-only-node="">As Ethereum turns 10, the excitement around <a href="https://cryptocurrencynews.com/market-news/market-news-ethereum-bulls-eye-parabolic-rally-by-2026/">Ethereum</a> tokenization could mark the beginning of a new growth phase—not only for ETH but for the broader digital asset market it anchors.</p> <p><i>Featured Image: Freepik</i></p> <p><a href="https://cryptocurrencynews.com/disclaimer" target="_blank" rel="noopener">Please See Disclaimer</a></p>
  9. BC.GAME to Exhibit at iGB L!VE 2025 in London — Visit Booth L60

    Wed, 02 Jul 2025 16:20:09 -0000

    BELIZE CITY, Belize, July 1, 2025 /PRNewswire/ — BC.GAME, a global Web3 iGaming platform, will exhibit at iGB L!VE 2025, set to take place on July 2–3, 2025, at the ExCeL London exhibition centre. With over 15,000 attendees and 300+ companies expected, iGB L!VE 2025 is one of the most anticipated events in the iGaming calendar, … Continue reading "BC.GAME to Exhibit at iGB L!VE 2025 in London — Visit Booth L60"
    <figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/07/02182cf4a318990168beb39a1164b344.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/07/02182cf4a318990168beb39a1164b344.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/07/02182cf4a318990168beb39a1164b344-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/07/02182cf4a318990168beb39a1164b344-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/07/02182cf4a318990168beb39a1164b344-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p><span class="legendSpanClass"><span class="xn-location">BELIZE</span> CITY, <span class="xn-location">Belize</span></span>, <span class="legendSpanClass"><span class="xn-chron">July 1, 2025</span></span> /PRNewswire/ &#8212; <a href="https://bc.game/" rel="nofollow noopener" target="_blank">BC.GAME</a>, a global Web3 iGaming platform, will exhibit at <a href="https://www.igblive.com/" rel="nofollow noopener" target="_blank">iGB L!VE 2025</a>, set to take place on July 2–3, 2025, at the ExCeL London exhibition centre. With over 15,000 attendees and 300+ companies expected, iGB L!VE 2025 is one of the most anticipated events in the iGaming calendar, bringing together operators, affiliates, tech providers, and game developers under one roof.</p> <div dir="ltr" id="prni_dvprnejpgb4cdleft" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt=" " id="prnejpgb4cdleft" src="https://mma.prnewswire.com/media/2722821/image.jpg" title=" "></img></div> <p><b>BC.GAME at iGB L!VE 2025: Showcasing Web3 Gaming Innovation</b></p> <p>BC.GAME will be present at <b>Booth L60</b>, where it will highlight its latest developments in Web3 gaming — including the <a href="https://bc.game/wallet/bc" rel="nofollow noopener" target="_blank">platform&#8217;s native token BC</a>, proprietary game titles, and tools designed to support a decentralized, community-led gaming experience.</p> <p>The company&#8217;s team will be on-site to meet with affiliates, partners, and service providers interested in exploring collaboration opportunities. With a growing international footprint and a strong focus on community engagement, BC.GAME aims to position itself as a key player in the convergence of blockchain technology and iGaming.</p> <p><b>Strengthening Global Reach Through iGB L!VE</b></p> <p>Participation in iGB L!VE 2025 reflects <a href="https://bc.game/" rel="nofollow noopener" target="_blank">BC.GAME</a>&#8216;s commitment to expanding its presence in <span class="xn-location">Europe</span> and other regulated markets. The event offers a valuable platform for the company to connect with industry leaders, explore emerging trends, and forge new partnerships across the iGaming and Web3 sectors.</p> <p>Attendees are encouraged to stop by <b>Booth L60</b> or reach out in advance to schedule meetings with the BC.GAME team.</p> <p><b>About BC.GAME</b></p> <p>Founded in 2017, BC.GAME is a global Web3 gaming platform offering a wide range of casino, sports, and proprietary games powered by blockchain technology. With a strong focus on community engagement, transparency, and innovation, BC.GAME combines traditional iGaming experiences with decentralized features — including its native token $BC, integrated wallets, and on-chain gameplay. </p> <p>For more information, visit<a href="https://bc.game/" rel="nofollow noopener" target="_blank"> </a><a href="https://bc.game/" rel="nofollow noopener" target="_blank">https://bc.game</a>.</p> <div dir="ltr" id="prni_dvprnejpg82f0left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt=" " id="prnejpg82f0left" src="https://mma.prnewswire.com/media/2685837/5396413/BC_GAME_Logo.jpg" title=" "></img></div> <p>Photo &#8211; <a href="https://mma.prnewswire.com/media/2722821/image.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2722821/image.jpg</a>   </p> <p>Logo &#8211; <a href="https://mma.prnewswire.com/media/2685837/5396413/BC_GAME_Logo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2685837/5396413/BC_GAME_Logo.jpg</a></p> <p id="PURL"><img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN22138&amp;sd=2025-07-01" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/bcgame-to-exhibit-at-igb-lve-2025-in-london--visit-booth-l60-302495713.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/bcgame-to-exhibit-at-igb-lve-2025-in-london&#8211;visit-booth-l60-302495713.html</a></p> <p><img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN22138&amp;Transmission_Id=202507010903PR_NEWS_EURO_ND__EN22138&amp;DateId=20250701" style="border:0px;width:1px;height:1px"></img></p> <p>Featured Image: depositphotos @ Primakov</p> <p><a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a></p>
  10. Bybit’s Bridge to Wall Street Gets Wider with xStocks Tokenized Equities

    Tue, 01 Jul 2025 16:19:09 -0000

    DUBAI, UAE, June 30, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the listing of xStocks—a series of tokenized U.S. equities and ETFs—on its Spot platform. This move marks a major milestone in Bybit’s mission to bridge the gap between traditional and digital finance, offering users unprecedented access to global … Continue reading "Bybit’s Bridge to Wall Street Gets Wider with xStocks Tokenized Equities"
    <figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/07/6710091baf6427b7d53bb52b3e77c475.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/07/6710091baf6427b7d53bb52b3e77c475.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/07/6710091baf6427b7d53bb52b3e77c475-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/07/6710091baf6427b7d53bb52b3e77c475-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/07/6710091baf6427b7d53bb52b3e77c475-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p><span class="legendSpanClass"><span class="xn-location">DUBAI</span>, UAE</span>, <span class="legendSpanClass"><span class="xn-chron">June 30, 2025</span></span> /PRNewswire/ &#8212; <a href="https://www.bybit.com/en/press" rel="nofollow noopener" target="_blank">Bybit</a>, the world&#8217;s second-largest cryptocurrency exchange by trading volume, today announced the listing of <a href="http://www.xstocks.com/" rel="nofollow noopener" target="_blank">xStocks</a>—a series of tokenized U.S. equities and ETFs—on its Spot platform. This move marks a major milestone in Bybit&#8217;s mission to bridge the gap between traditional and digital finance, offering users unprecedented access to global financial markets through blockchain technology.</p> <div dir="ltr" id="prni_dvprnejpge7e5left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Bybit Logo" id="prnejpge7e5left" src="https://mma.prnewswire.com/media/2267288/Logo.jpg" title="Bybit Logo"></img></div> <p>The listing is made possible through a partnership with <a href="https://backed.fi/" rel="nofollow noopener" target="_blank"><b>Backed</b></a>, the Swiss-based issuer of tokenized financial instruments. xStocks, launched by Backed in <span class="xn-chron">May 2025</span>, represents over 60 U.S.-listed equities and ETFs—including Apple, Tesla, NVIDIA, and SPY—tokenized and pegged 1:1 to their real-world counterparts. These assets are freely transferable and compatible with both Ethereum (ERC-20) and Solana (SPL), ensuring wide accessibility across centralized exchanges, DeFi protocols, and now, the trusted Bybit ecosystem.</p> <p>&#8220;At Bybit, we&#8217;re committed to bringing the best of both traditional and digital finance to our global community,&#8221; said <b><span class="xn-person">Emily Bao</span>, Head of Spot at Bybit</b>. &#8220;By listing tokenized equities and ETFs, we&#8217;re not just adding new products—we&#8217;re empowering our users with greater choice, deeper flexibility, and more control, all within the secure and seamless Bybit experience. xStocks was the clear choice to help us deliver this unparalleled access.&#8221;</p> <p>This listing follows the recent launch of <a href="https://www.bybit.com/en/press/post/introducing-bybit-tradfi-trading-the-world-on-bybit-blt86c42c551701c834" rel="nofollow noopener" target="_blank"><b>Bybit TradFi</b></a>, a unified trading interface that enables users to trade gold, forex, stock CFDs, indices, and commodities directly from the Bybit app. Together, Bybit TradFi and xStocks offer a varied and powerful toolkit to serve different trading preferences—from short-term speculation on global macro trends to long-term portfolio diversification via tokenized assets.</p> <p>&#8220;We&#8217;re excited to welcome Bybit to the xStocks Alliance,&#8221; said <b><span class="xn-person">Adam Levi</span>, co-founder of Backed</b>. &#8220;This integration puts tokenized equities into the hands of millions of new users and is a significant step toward building a more open and connected financial system. Bybit&#8217;s leadership in the exchange space makes them an ideal partner as we scale xStocks access globally.&#8221;</p> <p><b>Unlocking a New Era of Market Access</b></p> <p>With xStocks now live on Bybit, users can:</p> <ul type="disc"> <li>Trade tokenized stocks and ETFs directly on the Bybit Spot platform</li> <li>Enjoy fractional ownership, lowering barriers to entry</li> <li>Benefit from on-chain liquidity and global accessibility</li> <li>Tap into 24/7 trading, unbound by traditional market hours</li> <li>Access on-chain liquidity, bridging CeFi and DeFi</li> <li>Diversify portfolios with exposure to real-world assets</li> </ul> <p>&#8220;With the launch of Bybit TradFi, we&#8217;re equipping our users with the tools they need to unlock value from traditional markets—without ever leaving the crypto ecosystem,&#8221; added Emily. &#8220;Our partnership with xStocks strengthens our resolve to deliver more inclusive, borderless, and flexible financial access.&#8221;</p> <p>As the crypto space evolves, Bybit remains at the forefront—connecting users not only to the future of finance, but also to the enduring opportunities of Wall Street, reimagined on-chain.</p> <p>The service will be available to selected Bybit users in the coming weeks.</p> <p>#Bybit / #TheCryptoArk</p> <p><b>About Bybit</b></p> <p>Bybit is the world&#8217;s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at <a href="http://bybit.com/" rel="nofollow noopener" target="_blank">Bybit.com</a>.</p> <p>For more details about Bybit, please visit <a href="https://www.bybit.com/en/press" rel="nofollow noopener" target="_blank">Bybit Press</a> <br /></br>For media inquiries, please contact: <a href="mailto:media@bybit.com" rel="nofollow noopener" target="_blank">media@bybit.com</a><br /></br>For updates, please follow: <a href="https://www.bybit.com/en-us/promo/global/communities/" rel="nofollow noopener" target="_blank">Bybit&#8217;s Communities and Social Media</a></p> <p><a href="https://discord.gg/bybit" rel="nofollow noopener" target="_blank">Discord</a> | <a href="https://www.facebook.com/Bybit/" rel="nofollow noopener" target="_blank">Facebook</a> | <a href="https://www.instagram.com/bybit_official/?hl=en" rel="nofollow noopener" target="_blank">Instagram</a> | <a href="https://www.linkedin.com/company/bybitexchange/" rel="nofollow noopener" target="_blank">LinkedIn</a> | <a href="https://www.reddit.com/r/Bybit/" rel="nofollow noopener" target="_blank">Reddit</a> | <a href="https://t.me/s/Bybit_Announcements" rel="nofollow noopener" target="_blank">Telegram</a> | <a href="https://www.tiktok.com/@bybit_official?lang=en" rel="nofollow noopener" target="_blank">TikTok</a> | <a href="https://twitter.com/Bybit_Official" rel="nofollow noopener" target="_blank">X</a> | <a href="https://www.youtube.com/c/bybit" rel="nofollow noopener" target="_blank">Youtube</a></p> <p>Logo &#8211; <a href="https://mma.prnewswire.com/media/2267288/Logo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2267288/Logo.jpg</a> </p> <p id="PURL"><img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN21098&amp;sd=2025-06-30" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/bybits-bridge-to-wall-street-gets-wider-with-xstocks-tokenized-equities-302494489.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/bybits-bridge-to-wall-street-gets-wider-with-xstocks-tokenized-equities-302494489.html</a></p> <p><img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN21098&amp;Transmission_Id=202506300952PR_NEWS_EURO_ND__EN21098&amp;DateId=20250630" style="border:0px;width:1px;height:1px"></img></p> <p>Featured Image: depositphotos @ winst2014</p> <p><a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a></p>
  11. Figment Expands into Middle East, Amidst Rising Institutional Demand for Digital Assets

    Mon, 30 Jun 2025 16:19:12 -0000

    LONDON, June 30, 2025 /PRNewswire/ — Figment, the leading independent provider of institutional staking infrastructure, is deepening its presence in the Middle East as digital asset adoption accelerates across the region.  As part of this expansion, Figment has appointed Christoph Richter as its first Head of Business Development in the Middle East and announced a … Continue reading "Figment Expands into Middle East, Amidst Rising Institutional Demand for Digital Assets"
    <figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/06/85e8d708428523f00e711efcd47a6094.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/06/85e8d708428523f00e711efcd47a6094.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/85e8d708428523f00e711efcd47a6094-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/85e8d708428523f00e711efcd47a6094-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/85e8d708428523f00e711efcd47a6094-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p><span class="legendSpanClass"><span class="xn-location">LONDON</span></span>, <span class="legendSpanClass"><span class="xn-chron">June 30, 2025</span></span> /PRNewswire/ &#8212; Figment, the leading independent provider of institutional staking infrastructure, is deepening its presence in the <span class="xn-location">Middle East</span> as digital asset adoption accelerates across the region. </p> <p>As part of this expansion, Figment has appointed <span class="xn-person">Christoph Richter</span> as its first Head of Business Development in the <span class="xn-location">Middle East</span> and <a href="https://nam11.safelinks.protection.outlook.com/?url=https%3A%2F%2Ftungsten.ae%2Fpioneering-secure-staking-solutions-in-the-middle-east%2F&amp;data=05%7C02%7Cjack.dyson%40cision.com%7Cc1d1a3d1671f40a9bdda08ddb3fbd976%7C887bf9ee3c824b88bcb280d5e169b99b%7C1%7C0%7C638864616468334957%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=OzuBf%2B1qVWbHNSS8LVC5pzFX1JAnYOQyuwygY1raBSg%3D&amp;reserved=0" rel="nofollow noopener" target="_blank">announced a key partnership</a> with UAE-based custody provider Tungsten, a trusted name in institutional digital asset services. This collaboration leverages Tungsten&#8217;s well-established industry position and existing licensing within the Abu Dhabi Global Market (ADGM), enabling them to offer enhanced, non-custodial staking options to clients via Figment&#8217;s infrastructure. </p> <p>The move marks a major step in expanding compliant staking access across the UAE and the broader MENA region and Christoph will be Figment&#8217;s first on-the-ground hire in the region.</p> <p class="prnml40"><i>&#8220;Staking can be understood as earning the risk-free rate on proof-of-stake networks like ETH and SOL,&#8221; said <span class="xn-person">Christoph Richter</span>. &#8220;With inflation beating rewards and rising institutional digital asset allocations, staking is becoming a core strategy &#8211; and the MENA region is ready.&#8221;</i></p> <p>A Strategic Regional Push</p> <p>Figment&#8217;s formal entry into the region is driven by growing demand for compliant, reward-generating solutions aligned with long-term digital asset investment strategies.</p> <p class="prnml40"><i>&#8220;The <span class="xn-location">Middle East</span> is uniquely positioned to benefit from institutional staking,&#8221; said <span class="xn-person">Eva Lawrence</span>, Figment&#8217;s Head of EMEA &amp; Regional MD. &#8220;With Christoph&#8217;s deep background in traditional finance and digital assets, he&#8217;s perfectly placed to lead our growth in this high-potential market.&#8221;</i></p> <p><span>Christoph will lead business development and strategic partnerships, reporting to <span class="xn-person">Eva Lawrence</span>, the Head of EMEA. He brings nearly two decades of traditional finance (TradFi) derivatives experience, including senior roles at JP Morgan, Barclays, BNP Paribas, and UBS. In his most recent TradFi role, he led derivative solutions for <span class="xn-location">Southern Europe</span> and DACH at MUFG.</span><span> Since entering the digital asset industry in 2017, </span><span>he has advised top-tier firms and co-founded the proprietary BTC and ETH trading venture Vol Capital, building market neutral quantitative investment strategies.</span></p> <p>Christoph brings a wealth of experience of working on major infrastructure Public Private Partnerships transactions across the <span class="xn-location">Middle East</span>, particularly in Saudi, building strong ties to the region&#8217;s major players and capital markets. Now based in the UAE and fluent in five languages, he brings a truly global perspective to Figment&#8217;s regional growth.</p> <p>Continued Global Investment, Local Leadership</p> <p>This move builds on Figment&#8217;s global expansion across EMEA, the Americas, and APAC, reflecting increased institutional demand for secure and regulatory-aligned staking solutions and cementing Figment&#8217;s leadership as the most trusted institutional staking provider. Christoph&#8217;s appointment and the partnership with Tungsten underscore Figment&#8217;s commitment to investing in local leadership and strategic infrastructure tailored to the needs of the region.</p> <p><b>Press Contact<br /></br></b>Amy McAllister Byrne:  <a href="mailto:amy@cryptocollective.global" rel="nofollow noopener" target="_blank">amy@cryptocollective.global</a></p> <p><b>About Figment</b></p> <p>Figment is the leading independent provider of staking infrastructure. Figment provides the complete staking solution for over 700 institutional clients, including asset managers, exchanges, wallets, foundations, custodians, and large token holders, to earn rewards on their digital assets. On Ethereum, Figment is the largest non-custodial staking provider of staked ETH. Institutional staking services from Figment include seamless point-and-click staking, portfolio reward tracking, API integrations, audited infrastructure, and slashing protection. This all leads Figment&#8217;s mission to support the adoption, growth, and long-term success of the digital asset ecosystem. To learn more about Figment, please visit<a href="https://nam11.safelinks.protection.outlook.com/?url=http%3A%2F%2Ffigment.io%2F%3Futm_source%3Dblog%26utm_medium%3Dwebinar%26utm_term%3D8-22%26utm_content%3D%26utm_campaign%3Dcontent&amp;data=05%7C02%7Cjack.dyson%40cision.com%7Cc1d1a3d1671f40a9bdda08ddb3fbd976%7C887bf9ee3c824b88bcb280d5e169b99b%7C1%7C0%7C638864616468360666%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=oxLxCLYC3Xh4EBa7xBv8631t5BvzM5QPYmhe6D5ZBTw%3D&amp;reserved=0" rel="nofollow noopener" target="_blank"> figment.io</a>.</p> <p id="PURL"><img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN18592&amp;sd=2025-06-29" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/figment-expands-into-middle-east-amidst-rising-institutional-demand-for-digital-assets-302493344.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/figment-expands-into-middle-east-amidst-rising-institutional-demand-for-digital-assets-302493344.html</a></p> <p><img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN18592&amp;Transmission_Id=202506292300PR_NEWS_EURO_ND__EN18592&amp;DateId=20250629" style="border:0px;width:1px;height:1px"></img></p> <p>Featured Image: depositphotos @ Syda_Productions</p> <p><a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a></p>
  12. Elliptic’s ‘Data Fabric’ transforms access to digital asset data and intelligence with Industry’s first ‘data as a service’ (DaaS) model

    Sun, 29 Jun 2025 16:19:08 -0000

    ‘Elliptic Data Fabric’ enables customers to embed data directly into their own data lakes, workflows and AI models for real-time digital asset decisioning LONDON, June 27, 2025 /PRNewswire/ — Elliptic, the global leader in digital asset decisioning, has announced an industry first, offering direct access to its market-leading datasets and intelligence, ‘Elliptic Data Fabric,’ via subscription.  … Continue reading "Elliptic’s ‘Data Fabric’ transforms access to digital asset data and intelligence with Industry’s first ‘data as a service’ (DaaS) model"
    <figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/06/53732e7ea0813b42dfc2f3abb152bcde.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/06/53732e7ea0813b42dfc2f3abb152bcde.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/53732e7ea0813b42dfc2f3abb152bcde-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/53732e7ea0813b42dfc2f3abb152bcde-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/53732e7ea0813b42dfc2f3abb152bcde-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p><i>&#8216;Elliptic Data Fabric&#8217; enables customers to embed data directly into their own data lakes, workflows and AI models for real-time digital asset decisioning</i></p> <p><span class="legendSpanClass"><span class="xn-location">LONDON</span></span>, <span class="legendSpanClass"><span class="xn-chron">June 27, 2025</span></span> /PRNewswire/ &#8212; <a href="https://www.elliptic.co/" rel="nofollow noopener" target="_blank">Elliptic</a>, the global leader in digital asset decisioning, has announced an industry first, offering direct access to its market-leading datasets and intelligence, &#8216;Elliptic Data Fabric,&#8217; via subscription. </p> <p>As the digital asset industry undergoes exponential growth, traditional SaaS solutions delivered through apps or API feeds are no longer meeting the needs of all our customers — particularly when it comes to managing risk exposure, intelligence operations, and compliance requirements. To address this, &#8216;Elliptic Data Fabric&#8217; offers customers the ability to ingest and subscribe to data streams directly, enabling access to Elliptic&#8217;s data and intelligence in the format, schema, and delivery method that best meets their specific needs. Elliptic&#8217;s data and intelligence feeds the customer&#8217;s internal data lakes, customized workflows and AI models — accelerating decision-making, modernizing connectivity and letting enterprises and agencies directly query the data, run internal analytics and compose leaner data workflows.</p> <p>The challenge facing governments, exchanges, <span>crypto</span> businesses and banks is today twofold.  Firstly, increased adoption of digital assets is marked by transaction growth, increased asset issuing, faster innovation and expanding multi-chain activity. Whilst at the same time, threat actors no longer operate in isolation — sanctioned entities, fraudsters, and money launderers blur together using new technologies to obfuscate their interconnected webs of illicit activity at a much faster pace than seen before. These challenges require the digital asset ecosystem to find new approaches to compliance obligations and criminal investigations.</p> <p>&#8220;Elliptic Data Fabric gives us high-fidelity, richly structured blockchain intelligence that fits directly into how we work. The data is normalized across chains, it&#8217;s flexible enough to deploy in our own environment. It enables us to build threat models, connect actors, and get ahead of behavior, not just react to it. As illicit actors become more sophisticated, we&#8217;re asking more complex questions than ever before — and now we have the data to actually answer them, fast.&#8221; Program Manager, US central government.</p> <p><b>Elliptic Data Fabric has use cases for multiple industries which are actively in the market today including:<br /></br></b></p> <p>Elliptic Blocklist is a direct plug-in data and intelligence subscription service that provides access to Elliptic&#8217;s continuously updated list of sanctioned and high-risk entities.  Used by exchanges, <span>stablecoin</span> issuers, and payments providers, the Blocklist is regularly updated with the latest intelligence. This enables customers to directly query data to either permit or block withdrawals to unhosted wallets without adding friction to the transaction flow.  When milliseconds matter, blocklist ingestion gives a crucial first line of defence, ensuring users can safely and efficiently send funds. Screening is then carried out for compliance and reporting purposes.</p> <p>Elliptic made a free version of its Blocklist available globally to the <span>crypto</span> community during the Bybit exploit. This was instrumental in helping the ecosystem, whether customers or otherwise, easily identify DPRK funds from the exploit, reduce risk of exposure to them, and help in some cases to freeze those funds.</p> <p>Elliptic Counterparty Risk is being used by banks and financial institutions to help them easily assess indirect digital asset risk stemming from their customers by enriching their fiat transaction screening workflows with custom intelligence on thousands of VASPs. By seamlessly integrating Elliptic&#8217;s VASP data into internal screening workflows, organizations uncover hidden risks by detecting when customers interact with high-risk or unregistered <span>crypto</span> platforms. Customers are also optimizing their operatioal efficiencies by automating risk assessments and reducing manual investigations into <span>crypto</span>-related fiat transactions.</p> <p>Government agencies are already leveraging Elliptic Data Fabric to access operation-ready blockchain data and intelligence, seamlessly integrated into their environments, mission-specific use cases, and analyst workflows. The data is pre-structured into actionable formats — such as value transfer events (VTEs) and actor clusters — and is immediately queryable across Elliptic&#8217;s 54 supported blockchains.</p> <p>Because this data is ingested directly within the agency&#8217;s secure infrastructure, it remains completely air-gapped, ensuring no vendor visibility into sensitive mission-related queries. This enables agencies to confidently use and share the data in investigations and effectively collaborate with other departments, supporting the multi-agency nature of investigative operations such as the <a href="https://www.justice.gov/opa/pr/garantex-cryptocurrency-exchange-disrupted-international-operation" rel="nofollow noopener" target="_blank">USSS</a> take down of Garantex.</p> <p>&#8220;As the digital asset industry evolves, we recognize that traditional solutions need to mature in order to adequately support the internal investigation and analytics requirements of organizations striving to meet compliance obligations and government agencies to meet their mission objectives. Modern data and intelligence platforms must be adaptable, providing solutions in all formats — apps, APIs, and, as we&#8217;re announcing today with &#8216;Elliptic Data Fabric&#8217;, through subscriptions to data and intelligence. Many of our enterprise and government customers run sophisticated, large-scale internal analytics programs that require direct access to our trusted data and insights to power their operations. As the industry continues to evolve, Elliptic&#8217;s platform is built to stay flexible, ensuring it delivers the dynamic solutions needed in today&#8217;s fast-moving market,&#8221; commented <span class="xn-person">Jackson Hull</span>, CTO Elliptic.</p> <p><b>About Elliptic</b></p> <p>Elliptic is the leader in digital asset decisioning, we have built the most comprehensive platform for efficiently extracting <span>crypto</span> data and intelligence across blockchains with the greatest accuracy.</p> <p>Our platform&#8217;s unrivalled uptime, scalability, depth and breadth of our data and intelligence means exacting organizations choose Elliptic for their compliance, risk management, intelligence operations and blockchain infrastructure needs.</p> <p>Founded in 2013, Elliptic is headquartered in <span class="xn-location">London</span> with offices in <span class="xn-location">New York</span>, <span class="xn-location">Washington D.C.</span>, <span><span class="xn-location">Dubai</span></span>, <span class="xn-location">Singapore</span> and <span class="xn-location">Tokyo</span>. To learn more, visit <a href="http://www.elliptic.co/" rel="nofollow noopener" target="_blank">www.elliptic.co</a> and follow us on <a href="https://uk.linkedin.com/company/ellipticco" rel="nofollow noopener" target="_blank">LinkedIn</a> and <a href="https://x.com/elliptic?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" rel="nofollow noopener" target="_blank">X</a>.</p> <p id="PURL"><img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=LN20133&amp;sd=2025-06-27" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.com/news-releases/elliptics-data-fabric-transforms-access-to-digital-asset-data-and-intelligence-with-industrys-first-data-as-a-service-daas-model-302493141.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/elliptics-data-fabric-transforms-access-to-digital-asset-data-and-intelligence-with-industrys-first-data-as-a-service-daas-model-302493141.html</a></p> <p>SOURCE Elliptic</p> <p><img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=LN20133&amp;Transmission_Id=202506270700PR_NEWS_USPR_____LN20133&amp;DateId=20250627" style="border:0px;width:1px;height:1px"></img></p> <p>Featured Image: depositphotos @ peshkova</p> <p><a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a></p>
  13. Cango Inc. Announces Closing of Share-Settled Crypto Mining Assets Acquisitions

    Sat, 28 Jun 2025 16:19:07 -0000

    HONG KONG, June 27, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) today announced that it has completed the previously announced acquisitions of on-rack crypto mining machines with an aggregate hashrate of 18 Exahash per second through issuance of 146,670,925 Class A ordinary shares of the Company to the sellers in proportion … Continue reading "Cango Inc. Announces Closing of Share-Settled Crypto Mining Assets Acquisitions"
    <figure><img width="777" height="435" src="https://cryptocurrencynews.com/wp-content/uploads/2025/06/33c7c4ee5f3bea98ca511e9b65a57f99-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/06/33c7c4ee5f3bea98ca511e9b65a57f99-1.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/33c7c4ee5f3bea98ca511e9b65a57f99-1-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/33c7c4ee5f3bea98ca511e9b65a57f99-1-768x430.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/33c7c4ee5f3bea98ca511e9b65a57f99-1-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p><span class="legendSpanClass"><span class="xn-location">HONG KONG</span></span>, <span class="legendSpanClass"><span class="xn-chron">June 27, 2025</span></span> /PRNewswire/ &#8212; Cango Inc. (NYSE: CANG) (&#8220;Cango&#8221; or the &#8220;Company&#8221;) today announced that it has completed the previously announced acquisitions of on-rack <span>crypto</span> mining machines with an aggregate hashrate of 18 Exahash per second through issuance of 146,670,925 Class A ordinary shares of the Company to the sellers in proportion to the aggregate hashrate of the machines sold by each seller (the &#8220;Share-Settled Transactions&#8221;).</p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <a href="https://mma.prnewswire.com/media/2675436/CANG_LOGO_Logo.html" rel="nofollow noopener" target="_blank"><br /> <img decoding="async" alt="(PRNewsfoto/Cango Inc.)" src="https://mma.prnewswire.com/media/2675436/CANG_LOGO_Logo.jpg" title="(PRNewsfoto/Cango Inc.)"></img><br /> </a> </p> </p></div> <p>The Company announced signing of the On-Rack Sales and Purchase Agreement for the Share-Settled Transactions (the &#8220;Purchase Agreement&#8221;) on <span class="xn-chron">November 6, 2024</span>, and amendments to the Purchase Agreement on <span class="xn-chron">March 26, 2025</span>, <span class="xn-chron">April 3, 2025</span>, <span class="xn-chron">June 4, 2025</span> and <span class="xn-chron">June 23, 2025</span>. All closing conditions for the Share-Settled Transactions were satisfied or waived in accordance with the Purchase Agreement, including NYSE&#8217;s authorization of the Company&#8217;s supplemental listing application with respect to the Class A ordinary shares issued at the closing of the Share-Settled Transactions, and the transactions were closed on <span class="xn-chron">June 27, 2025</span>.</p> <p>With closing of the Share-Settled Transactions, Golden TechGen Limited (&#8220;GT&#8221;), which is the largest seller in the Share-Settled Transactions, currently owns approximately 19.85% of the Company&#8217;s total outstanding shares, and all the sellers in the Share-Settled Transactions in the aggregate own approximately 41.38% of the Company&#8217;s total outstanding shares before the issuance of any Bonus Shares or Adjustment Shares as described in the press release issued by the Company on <span class="xn-chron">June 4, 2025</span> announcing the third amendment to the Share-Settled Transactions.</p> <p>The mining machines that the Company purchases in the Share-Settled Transactions are currently in active mining operation and hosted in data centers in several countries outside <span class="xn-location">China</span>, with the majority located in the U.S. The Company will continue to host the machines in their existing data centers and have engaged a service provider to provide operational and maintenance services for the machines after closing of the Share-Settled Transactions. The closing of the Share-Settled Transactions is expected to further support the Company in its expansion and growth in the <span>crypto</span> asset space.</p> <p><b>About Cango Inc.</b></p> <p>Cango Inc. (NYSE: CANG) is primarily engaged in the <span>Bitcoin</span> mining business, with operations strategically deployed across <span class="xn-location">North America</span>, the <span class="xn-location">Middle East</span>, <span class="xn-location">South America</span>, and <span class="xn-location">East Africa</span>. The Company entered the <span>crypto</span> asset space in <span class="xn-chron">November 2024</span>, driven by advancements in blockchain technology, the growing adoption of digital assets, and its commitment to diversifying its business portfolio. In parallel, Cango continues to operate an online international used car export business through <a href="http://autocango.com/" rel="nofollow noopener" target="_blank">AutoCango.com</a>, making it easier for global customers to access high-quality vehicle inventory from <span class="xn-location">China</span>. For more information, please visit: <a href="http://www.cangoonline.com/" rel="nofollow noopener" target="_blank">www.cangoonline.com</a>.</p> <p><b>Safe Harbor Statement</b></p> <p>This announcement contains forward-looking statements. These statements are made under the &#8220;safe harbor&#8221; provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as &#8220;will,&#8221; &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;future,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221; &#8220;believes,&#8221; &#8220;estimates&#8221; and similar statements. Cango may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Cango&#8217;s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the completion, amendment or reversal of any transactions entered into, proposed or considered by Cango; Cango&#8217;s goal and strategies; Cango&#8217;s expansion plans; Cango&#8217;s future business development, financial condition and results of operations; Cango&#8217;s expectations regarding demand for, and market acceptance of, its solutions and services; Cango&#8217;s expectations regarding keeping and strengthening its relationships with dealers, financial institutions, car buyers and other platform participants; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Cango&#8217;s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Cango does not undertake any obligation to update any forward-looking statement, except as required under applicable law.</p> <p><b>Investor Relations Contact</b></p> <p><span class="xn-person">Yihe Liu</span><br /></br>Cango Inc.<br /></br>Tel: +86 21 3183 5088 ext.5581<br /></br>Email: <a href="mailto:ir@cangoonline.com" rel="nofollow noopener" target="_blank">ir@cangoonline.com</a> </p> <p><span class="xn-person">Helen Wu</span><br /></br>Piacente Financial Communications<br /></br>Tel: +86 10 6508 0677<br /></br>Email: <a href="mailto:ir@cangoonline.com" rel="nofollow noopener" target="_blank">ir@cangoonline.com</a></p> <p id="PURL"><img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=CN20026&amp;sd=2025-06-27" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/cango-inc-announces-closing-of-share-settled-crypto-mining-assets-acquisitions-302493158.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/cango-inc-announces-closing-of-share-settled-crypto-mining-assets-acquisitions-302493158.html</a></p> <p>SOURCE Cango Inc.</p> <p><img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=CN20026&amp;Transmission_Id=202506270630PR_NEWS_USPR_____CN20026&amp;DateId=20250627" style="border:0px;width:1px;height:1px"></img></p> <p>Featured Image: depositphotos @ rastudio</p> <p><a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a></p>
  14. Bybit & Block Scholes Report: GENIUS Act Aims to “Reinvent the Dollar” and Solidify US Leadership in Digital Assets

    Fri, 27 Jun 2025 16:19:17 -0000

    DUBAI, UAE, June 27, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today released a new crypto insights report with Block Scholes, revealing how landmark U.S. legislative proposals like the GENIUS Act are set to reinforce the U.S. dollar’s global dominance and rewire the international financial order. The report analyzes a new wave … Continue reading "Bybit & Block Scholes Report: GENIUS Act Aims to “Reinvent the Dollar” and Solidify US Leadership in Digital Assets"
    <figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/06/0a69507d3df8471d8b7a97babb5ded8c-2.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/06/0a69507d3df8471d8b7a97babb5ded8c-2.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/0a69507d3df8471d8b7a97babb5ded8c-2-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/0a69507d3df8471d8b7a97babb5ded8c-2-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/0a69507d3df8471d8b7a97babb5ded8c-2-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p><span class="legendSpanClass"><span class="xn-location">DUBAI</span>, UAE</span>, <span class="legendSpanClass"><span class="xn-chron">June 27, 2025</span></span> /PRNewswire/ &#8212; <a href="https://www.bybit.com/en/press" rel="nofollow noopener" target="_blank">Bybit</a>, the world&#8217;s second-largest cryptocurrency exchange by trading volume, today released <a href="https://learn.bybit.com/crypto-insight/deep-dive-into-us-crypto-regulations/" rel="nofollow noopener" target="_blank">a new crypto insights report</a> with Block Scholes, revealing how landmark U.S. legislative proposals like the <b>GENIUS Act</b> are set to reinforce the U.S. dollar&#8217;s global dominance and rewire the international financial order. The report analyzes a new wave of regulatory momentum under the Trump administration, highlighting how new laws could institutionalize digital assets and cement the leadership role of the U.S. in the crypto industry.</p> <div dir="ltr" id="prni_dvprnejpgc45eleft" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Bybit Logo" id="prnejpgc45eleft" src="https://mma.prnewswire.com/media/2267288/Logo.jpg" style="width: 400px;height: 240px" title="Bybit Logo"></img></div> <p>The report outlines key regulatory developments under the Trump administration that have boosted investors&#8217; confidence in crypto. The industry stands at the intersection of the dollar&#8217;s legacy hegemony, favorable policy shifts in the U.S., and the global trend of increasing regulatory clarity. Institutional and official acceptance of crypto—from stablecoins to BTC, is being coded into laws.</p> <p><b>Key Insights:</b></p> <ul type="disc"> <li><b>Reinventing the USD &#8211; the GENIUS Act: </b>To rejuvenate the greenback&#8217;s dominance in the international financial system, U.S. lawmakers have long been pushing for digital asset legislation that can balance consumer protection and innovation. This underscores the GENIUS Act&#8217;s significance as the U.S. asserts its might in a volatile world: the future of money will still be denominated in the U.S. dollar.</li> <li><b>A million BTC in reserves: </b>U.S. legislators are seeking creative ways to defuse America&#8217;s time-ticking debt bomb. Some of them are turning to BTC. The newly proposed BITCOIN Act, if passed, will open up demands for 200,000 BTC annually to form part of the U.S. Treasury&#8217;s strategic BTC reserves. This will not only cause BTC prices to shoot up, but also signal deeper implications for public recognition and adoption of digital assets.</li> <li><b>The global race to regulate crypto: </b>From <span class="xn-location">South Korea</span> and <span class="xn-location">Pakistan</span>, to the U.K. and <span class="xn-location">Europe</span> at large, no regulator wants to be left behind in the crypto revolution. The report uncovers insights from across the globe and what these changes could mean for the digital asset class.</li> </ul> <p>For detailed insights, readers may <a href="https://drive.google.com/file/d/1STuGKGYCVjNt3PxZoDuvRMF660HVMu6t/view?usp=sharing" rel="nofollow noopener" target="_blank">download the full report</a>.</p> <p>#Bybit / #TheCryptoArk / #BybitLearn</p> <p><b>About Bybit</b></p> <p>Bybit is the world&#8217;s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at <a href="http://bybit.com/" rel="nofollow noopener" target="_blank">Bybit.com</a>.</p> <p>For more details about Bybit, please visit <a href="https://www.bybit.com/en/press" rel="nofollow noopener" target="_blank">Bybit Press</a> <br /></br>For media inquiries, please contact: <a href="mailto:media@bybit.com" rel="nofollow noopener" target="_blank">media@bybit.com</a><br /></br>For updates, please follow: <a href="https://www.bybit.com/en-us/promo/global/communities/" rel="nofollow noopener" target="_blank">Bybit&#8217;s Communities and Social Media</a></p> <p><a href="https://discord.gg/bybit" rel="nofollow noopener" target="_blank">Discord</a> | <a href="https://www.facebook.com/Bybit/" rel="nofollow noopener" target="_blank">Facebook</a> | <a href="https://www.instagram.com/bybit_official/?hl=en" rel="nofollow noopener" target="_blank">Instagram</a> | <a href="https://www.linkedin.com/company/bybitexchange/" rel="nofollow noopener" target="_blank">LinkedIn</a> | <a href="https://www.reddit.com/r/Bybit/" rel="nofollow noopener" target="_blank">Reddit</a> | <a href="https://t.me/s/Bybit_Announcements" rel="nofollow noopener" target="_blank">Telegram</a> | <a href="https://www.tiktok.com/@bybit_official?lang=en" rel="nofollow noopener" target="_blank">TikTok</a> | <a href="https://twitter.com/Bybit_Official" rel="nofollow noopener" target="_blank">X</a> | <a href="https://www.youtube.com/c/bybit" rel="nofollow noopener" target="_blank">Youtube</a></p> <p>Logo &#8211; <a href="https://mma.prnewswire.com/media/2267288/Logo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2267288/Logo.jpg</a></p> <p id="PURL"><img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN20135&amp;sd=2025-06-27" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/bybit--block-scholes-report-genius-act-aims-to-reinvent-the-dollar-and-solidify-us-leadership-in-digital-assets-302493173.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/bybit&#8211;block-scholes-report-genius-act-aims-to-reinvent-the-dollar-and-solidify-us-leadership-in-digital-assets-302493173.html</a></p> <p><img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN20135&amp;Transmission_Id=202506270614PR_NEWS_EURO_ND__EN20135&amp;DateId=20250627" style="border:0px;width:1px;height:1px"></img></p> <p>Featured Image: depositphotos @ grey82</p> <p><a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a></p>
  15. Protocol Camp Announces Upcoming New Edition to Empower Web3 Innovators Across Asia

    Thu, 26 Jun 2025 16:19:18 -0000

    SEOUL, South Korea, June 26, 2025 /PRNewswire/ — Protocol Camp, Asia’s leading Web3 bootcamp originally launched in South Korea, is returning with a unified, expanded format. The upcoming edition merges the Korea and Southeast Asia programs into a single initiative aimed at delivering greater impact for blockchain developers and entrepreneurs across the continent. Originally hosted … Continue reading "Protocol Camp Announces Upcoming New Edition to Empower Web3 Innovators Across Asia"
    <figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/06/ba8dad942cecb20f3938b70b9c575e11-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/06/ba8dad942cecb20f3938b70b9c575e11-1.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/ba8dad942cecb20f3938b70b9c575e11-1-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/ba8dad942cecb20f3938b70b9c575e11-1-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/ba8dad942cecb20f3938b70b9c575e11-1-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p><span class="legendSpanClass"><span class="xn-location">SEOUL, South Korea</span></span>, <span class="legendSpanClass"><span class="xn-chron">June 26, 2025</span></span> /PRNewswire/ &#8212;<i> Protocol Camp</i>, <span class="xn-location">Asia&#8217;s</span> leading Web3 bootcamp originally launched in <span class="xn-location">South Korea</span>, is returning with a unified, expanded format. The upcoming edition merges the Korea and <span class="xn-location">Southeast Asia</span> programs into a single initiative aimed at delivering greater impact for blockchain developers and entrepreneurs across the continent.</p> <div dir="ltr" id="prni_dvprnejpg8ae8left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Protocol Camp Announces Upcoming New Edition to Empower Web3 Innovators Across Asia" id="prnejpg8ae8left" src="https://mma.prnewswire.com/media/2718958/Protocol_Camp_Announces_Upcoming_New_Edition_Empower_Web3_Innovators_Across.jpg" title="Protocol Camp Announces Upcoming New Edition to Empower Web3 Innovators Across Asia"></img></div> <p>Originally hosted by Hashed and Hanwha Life – Korea&#8217;s second-largest life insurer – Protocol Camp has steadily grown across <span class="xn-location">Asia</span>. The <span class="xn-location">Southeast Asia</span> edition, launched in 2024, was led by ShardLab, Hashed&#8217;s innovation arm, in collaboration with SCBX. These partnerships reinforced the program&#8217;s strategic relevance and reach. With this integration, Protocol Camp is positioned to scale its influence as a pan-Asian launchpad for Web3 talent.</p> <p><b>Proven Track Record of Web3 Talent Development</b></p> <p>Since its inception, Protocol Camp has run six cohorts in Korea, producing 69 graduates and incubating 21 blockchain products. Alumni have joined top Web2 companies such as Hanwha Systems, AWS and BCG, and Web3 organizations including Solana, TON, Hashed Open Research, Modhaus, and more — demonstrating the program&#8217;s ability to nurture high-caliber talent.</p> <p>In 2024, the program expanded to <span class="xn-location">Southeast Asia</span>, welcoming over 10 alumni from 5 countries and supporting the creation of new products on the Aptos blockchain. Across both regions, Protocol Camp has built a dynamic builder community shaping the decentralized ecosystem through startups and major blockchain teams.</p> <p><b>A New Chapter Led by ShardLab</b></p> <p><b>ShardLab</b>, the innovation arm of Hashed, led Protocol Camp&#8217;s <span class="xn-location">Southeast Asia</span> expansion and will now oversee the unified pan-Asian program. This marks a strategic step to broaden the camp&#8217;s regional reach and deepen its focus on high-impact Web3 talent.</p> <p>&#8220;By unifying the program, Protocol Camp becomes a true pan-Asian initiative that supports builders wherever they are,&#8221; said <span class="xn-person">Hojin Kim</span>, CEO of ShardLab. &#8220;Our mission is to empower the next generation of Web3 leaders through education, mentorship, and real-world experience.&#8221;</p> <p>&#8220;Through diverse partnerships — from global foundations to regional conglomerates — we&#8217;re building a collaborative platform where innovators can thrive,&#8221; Kim added.</p> <p>ShardLab ultimately envisions Protocol Camp evolving into a full-fledged Web3 academy, offering continuous education and resources to help founders scale decentralized innovation.</p> <p><b>Shaping the Future of Web3 in <span class="xn-location">Asia</span></b></p> <p>With Web3 adoption on the rise, Protocol Camp remains committed to empowering builders through education, community, and global partnerships. The unified program is set to lead <span class="xn-location">Asia&#8217;s</span> next wave of decentralized innovation.</p> <p><b>Applications opening soon</b> at<a href="http://www.protocolcamp.com/" rel="nofollow noopener" target="_blank"> www.protocolcamp.com</a>.</p> <p>Media Contact:<br /></br><span class="xn-person">Rachel Kim</span> (<a href="mailto:rachel@shardlab.com" rel="nofollow noopener" target="_blank">rachel@shardlab.com</a>)</p> <p>Photo &#8211; <a href="https://mma.prnewswire.com/media/2718958/Protocol_Camp_Announces_Upcoming_New_Edition_Empower_Web3_Innovators_Across.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2718958/Protocol_Camp_Announces_Upcoming_New_Edition_Empower_Web3_Innovators_Across.jpg</a></p> <p id="PURL"><img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN18151&amp;sd=2025-06-26" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/protocol-camp-announces-upcoming-new-edition-to-empower-web3-innovators-across-asia-302491136.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/protocol-camp-announces-upcoming-new-edition-to-empower-web3-innovators-across-asia-302491136.html</a></p> <p><img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN18151&amp;Transmission_Id=202506260000PR_NEWS_EURO_ND__EN18151&amp;DateId=20250626" style="border:0px;width:1px;height:1px"></img></p> <p>Featured Image: depositphotos @ sinenkiy</p> <p><a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a></p>
  16. 3iQ Recognized as “Best Digital Asset Investment Manager”, “Best Bitcoin ETF Issuer” and “Fund Manager Innovator of the Year” at 2025 Industry Awards

    Wed, 25 Jun 2025 16:19:43 -0000

    TORONTO, June 25, 2025 /PRNewswire/ — 3iQ Corp. (“3iQ”), a global pioneer in digital asset investment solutions, is pleased to announce it has won awards at three different industry ceremonies, solidifying its position as a leader in the provision of transparent, well-managed and regulated digital asset investment products. As the first regulated digital asset investment … Continue reading "3iQ Recognized as “Best Digital Asset Investment Manager”, “Best Bitcoin ETF Issuer” and “Fund Manager Innovator of the Year” at 2025 Industry Awards"
    <figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/06/8ff37cef46bb566c04849daeaf0baf47.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/06/8ff37cef46bb566c04849daeaf0baf47.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/8ff37cef46bb566c04849daeaf0baf47-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/8ff37cef46bb566c04849daeaf0baf47-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/8ff37cef46bb566c04849daeaf0baf47-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p><span class="legendSpanClass"><span class="xn-location">TORONTO</span></span>, <span class="legendSpanClass"><span class="xn-chron">June 25, 2025</span></span> /PRNewswire/ &#8212; <a href="https://www.3iq.io/" rel="nofollow noopener" target="_blank">3iQ Corp</a>. (&#8220;3iQ&#8221;), a global pioneer in digital asset investment solutions, is pleased to announce it has won awards at three different industry ceremonies, solidifying its position as a leader in the provision of transparent, well-managed and regulated digital asset investment products.</p> <p>As the first regulated digital asset investment manager to launch a Bitcoin and Ethereum ETP listed on a major global stock exchange, as well as the first provider to integrate staking yields into Ethereum and Solana ETPs, 3iQ is fast becoming recognised as a global leader.</p> <p>The award categories won by 3iQ are:</p> <ul type="disc"> <li><b><i>Best Digital Asset Investment Manager </i></b><i>at the Digital Commonwealth Awards, held in the <span class="xn-location">City of London&#8217;s</span> Mansion House<br /></br><br /></br></i></li> <li><b><i>Best Bitcoin ETF Issuer ($100m+) </i></b><i>at the ETF Express Canadian ETF Awards, held at the TMX Market Centre in <span class="xn-location">Toronto</span><br /></br><br /></br></i></li> <li><b><i>Fund Manager Innovator of the Year</i></b><i> at the Wealth Professional Awards 2025, held at the Liberty Grand in <span class="xn-location">Toronto</span><br /></br><br /></br></i></li> </ul> <p>3iQ&#8217;s award recognitions come at a time of transformational developments in the crypto industry as digital assets across the world become more widely accepted as an asset class not only for advancing technological innovation, but investment.</p> <p><span class="xn-person">Pascal St-Jean</span>, President and CEO of 3iQ, said: <i>&#8220;To be recognized as Best Digital Asset Investment Manager at such a prestigious award ceremony in the heart of the <span class="xn-location">City of London</span> demonstrates just how 3iQ is a leader in this space and our Best Bitcoin ETF Issuer and Fund Manager Innovator of the Year accolades are further evidence that we are delivering some of the most innovative ETFs on the markets.&#8221;</i></p> <p><i>&#8220;We are passionate at delivering the best-in-class digital asset investment products. Ever since launching the world&#8217;s first Bitcoin ETF to be traded on a major stock exchange, we have been pushing the boundaries of investment in this new asset class, in particular with QMAP, our digital asset hedge fund platform that provides access to well risk-managed portfolios of investments. These award wins are testament to the hard work of the team and I&#8217;d like to congratulate everyone at 3iQ.&#8221;</i></p> <p>Winners of the Digital Commonwealth Awards were judged by a panel of stringently independent industry leaders, innovators and thought leaders from various sectors within the digital and financial industries. Their collective expertise ensures that each award category is judged with the highest level of professionalism and insight.</p> <p><span class="xn-person">James Bowater</span>, Founder and CEO of The Digital Commonwealth, said: <i>&#8220;3iQ are trailblazers when it comes to delivering innovative digital asset investment products, so for our independent panel of judges they were a clear winner when it came to selecting them as Best Digital Asset Investment Manager. Congratulations to them and the team.&#8221;</i>&#x200d;</p> <p>The Service Provider categories undergo a two-step nomination and voting process for the awards. Initially, a survey of industry participants is used to identify nominations for each category. Nominations are then collated and reviewed by the ETF Express editorial team and a shortlist of Service Providers is provided for each category. These shortlists are then combined with the Issuer shortlists to be voted on by the industry in a second survey.</p> <p><span class="xn-person">Beverly Chandler</span>, Editor at ETF Express, said:<br /></br><i>&#8220;Well done 3iQ for your success in being voted as a leader in the provision of digital asset ETFs and we congratulate you for winning the category of &#8216;Best Bitcoin ETF Issuer ($100m+)&#8217;.&#8221;</i> </p> <p>The Wealth Professional Awards team conduct research and draw on knowledge and information gained through Wealth Professional to support and supplement nominations received and to ensure that no one deserving of recognition is missed. Winners are voted for by an independent judging panel comprising industry leaders and senior representatives.</p> <p> </p> <p><b><u>About 3iQ Digital Asset Management<br /></br></u></b>Founded in 2012, 3iQ is one of the world&#8217;s leading alternative digital asset managers, pioneering institutional-grade investments. 3iQ launched the world&#8217;s first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution, offering innovative risk-managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch a Bitcoin and Ethereum ETP listed on a major global stock exchange, integrate staking into its Ethereum and Solana ETPs boosting investor returns, and offering other regulated ETPs. In 2024, Monex Group, a leading Japanese financial group, took a majority stake in 3iQ. Since 2012, 3iQ has been at the forefront of innovation in digital asset investment management. To learn more about 3iQ, visit <a href="https://www.3iq.io/" rel="nofollow noopener" target="_blank">3iq.io</a></p> <p>W: <a href="https://www.3iq.io/" rel="nofollow noopener" target="_blank">https://www.3iq.io/</a><br /></br>L: <a href="https://www.linkedin.com/company/3iq-corp/" rel="nofollow noopener" target="_blank">https://www.linkedin.com/company/3iq-corp/</a><br /></br>X: <a href="https://x.com/3iq_corp" rel="nofollow noopener" target="_blank">https://x.com/3iq_corp</a></p> <p><b><i>Disclaimer<br /></br></i></b><i>This release is for informational purposes only, and the content contained herein should not be considered investment advice or a solicitation, offer, or recommendation to sell or buy any asset, strategy, or product. Investing in digital assets involves a high degree of risk, including the loss of principal.</i></p> <p id="PURL"><img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN17442&amp;sd=2025-06-25" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/3iq-recognized-as-best-digital-asset-investment-manager-best-bitcoin-etf-issuer-and-fund-manager-innovator-of-the-year-at-2025-industry-awards-302490010.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/3iq-recognized-as-best-digital-asset-investment-manager-best-bitcoin-etf-issuer-and-fund-manager-innovator-of-the-year-at-2025-industry-awards-302490010.html</a></p> <p><img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN17442&amp;Transmission_Id=202506250430PR_NEWS_EURO_ND__EN17442&amp;DateId=20250625" style="border:0px;width:1px;height:1px"></img></p> <p>Featured Image: depositphotos @ sadsadang</p> <p><a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a></p>
  17. Bitcoin Price Forecast Eyes $110K Breakout

    Wed, 25 Jun 2025 13:31:53 -0000

    Bitcoin price
    The Bitcoin price forecast is gaining bullish momentum as BTC rebounds strongly from weekend losses, trading at around $106,839. With geopolitical tensions easing—particularly the ceasefire between Israel and Iran—investors appear more confident, propelling cryptocurrencies into recovery mode. Leading the charge is Bitcoin (CRYPTO:BTC), backed by solid institutional flows and rising spot ETF interest. Meanwhile, altcoins … Continue reading "Bitcoin Price Forecast Eyes $110K Breakout"
    <figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/07/SL_0212121_40670_20-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Bitcoin price" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/07/SL_0212121_40670_20-1.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/SL_0212121_40670_20-1-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/SL_0212121_40670_20-1-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p data-start="334" data-end="632">The Bitcoin price forecast is gaining bullish momentum as BTC rebounds strongly from weekend losses, trading at around $106,839. With geopolitical tensions easing—particularly the ceasefire between Israel and Iran—investors appear more confident, propelling cryptocurrencies into recovery mode.</p> <p data-start="634" data-end="866">Leading the charge is Bitcoin (CRYPTO:BTC), backed by solid institutional flows and rising spot ETF interest. Meanwhile, altcoins like Ethereum (CRYPTO:ETH) and XRP (CRYPTO:XRP) show signs of recovery as derivatives markets heat up.</p> <h2 data-start="873" data-end="933">Institutional Inflows Support the Bitcoin Price Forecast</h2> <p data-start="935" data-end="1177">Despite global unrest, Bitcoin remains a hedge against uncertainty. According to SoSoValue, weekly net inflows into Bitcoin treasury funds reached $198 million, boosting total holdings to approximately $70 billion across 21 companies.</p> <p data-start="1179" data-end="1211">Among the top corporate holders:</p> <ul data-start="1213" data-end="1444"> <li data-start="1213" data-end="1299"> <p data-start="1215" data-end="1299">MicroStrategy Inc. (NASDAQ:MSTR) holds 592,345 BTC valued at around $63 billion.</p> </li> <li data-start="1300" data-end="1367"> <p data-start="1302" data-end="1367">Tesla Inc. (NASDAQ:TSLA) owns 11,509 BTC worth $1.23 billion.</p> </li> <li data-start="1368" data-end="1444"> <p data-start="1370" data-end="1444">Metaplanet follows with 11,111 BTC, currently valued at $1.18 billion.</p> </li> </ul> <p data-start="1446" data-end="1580">These large positions underscore growing confidence in BTC as a long-term asset, further fueling a bullish Bitcoin price forecast.</p> <h2 data-start="1587" data-end="1617">ETFs Add Fuel to the Rally</h2> <p data-start="1619" data-end="1875">Bitcoin spot ETFs saw renewed interest this week, with daily net inflows hitting $589 million on Tuesday, up from $350 million the day before. BlackRock’s IBIT led the way with $436 million, followed by Fidelity’s FBTC with $85 million.</p> <p data-start="1877" data-end="2087">This ETF momentum is not only attracting new investors but also legitimizing Bitcoin as a mainstream asset. As these products gain traction, analysts expect volatility to decline and price trends to strengthen.</p> <h2 data-start="2094" data-end="2133">Technical Setup Signals More Upside</h2> <p data-start="2135" data-end="2327">Technically, Bitcoin is approaching its next resistance level at $107,000. A confirmed breakout above $110,000—last tested in early June—would mark a new psychological and technical milestone.</p> <p data-start="2329" data-end="2541">The MACD (Moving Average Convergence Divergence) indicator is nearing a bullish crossover. If the blue MACD line crosses above the red signal line, traders may increase their exposure, accelerating the rally.</p> <p data-start="2543" data-end="2571">Key levels to watch include:</p> <ul data-start="2573" data-end="2667"> <li data-start="2573" data-end="2601"> <p data-start="2575" data-end="2601">50-day EMA: $103,365</p> </li> <li data-start="2602" data-end="2630"> <p data-start="2604" data-end="2630">100-day EMA: $99,571</p> </li> <li data-start="2631" data-end="2667"> <p data-start="2633" data-end="2667">Weekend low support: $98,227</p> </li> </ul> <p data-start="2669" data-end="2834">A move above $110,000 could open the door to retesting all-time highs near $110,980, while failure to hold $106,000 could trigger another round of profit-taking.</p> <h2 data-start="2841" data-end="2890">Ethereum and XRP Join the Derivatives Rebound</h2> <p data-start="2892" data-end="3096">While Bitcoin leads the charge, Ethereum and XRP are also showing signs of life. Ethereum is trading just under the 200-day EMA resistance at $2,470, with immediate support at $2,424 (50-day EMA).</p> <p data-start="3098" data-end="3283">Although the MACD and RSI suggest indecision, a notable rise in futures Open Interest (OI) from $28.19 billion to $31.53 billion signals a growing appetite for ETH exposure.</p> <p data-start="3285" data-end="3538">XRP, meanwhile, has struggled to push past resistance at $2.21 (50-day EMA) but remains supported by the 200-day EMA at $2.09. Its OI increased from $3.54 billion to $3.76 billion, suggesting a tentative revival in investor interest.</p> <p data-start="3540" data-end="3621">If XRP fails to gain momentum, the $1.90 support level could be tested again.</p> <h2 data-start="3628" data-end="3675">Outlook: Bitcoin Still in the Driver’s Seat</h2> <p data-start="3677" data-end="3981">For now, all eyes remain on Bitcoin as the broader crypto market takes its cues from the leading digital asset. With institutional inflows rising, ETF momentum building, and technical signals aligning, the <a href="https://cryptocurrencynews.com/market-news/market-news-bitcoin-price-surge-sparks-market-rally/">Bitcoin price</a> forecast remains bullish—especially if BTC can push past the $110,000 threshold.</p> <p data-start="3983" data-end="4108">If that happens, the next leg of the bull cycle could be underway, pulling altcoins like Ethereum and XRP along for the ride.</p> <p>As macro conditions stabilize and crypto infrastructure continues to mature, Bitcoin may evolve further into a mainstream asset class. Long-term investors are watching closely, as sustained momentum could mark the beginning of a new growth phase—one that reshapes digital asset valuations and investor expectations for years to come.</p> <p>This potential shift could also influence regulatory frameworks, institutional portfolio strategies, and public perception of cryptocurrencies. If current trends hold, Bitcoin’s role in global finance may extend beyond speculation and into permanent allocation strategies, reshaping how wealth is preserved and grown in a digital-first economy.</p> <p><em>Featured Image: Freepik</em></p> <p><a href="https://cryptocurrencynews.com/disclaimer">Please See Disclaimer</a></p>
  18. How Coinbase Is Driving Crypto Adoption in Germany

    Wed, 25 Jun 2025 13:18:31 -0000

    crypto adoption
    Germany is known for its financial conservatism, but crypto adoption in Germany is quietly gaining momentum—thanks in part to Coinbase’s strategic push. Leading the charge is Denny Morawiak, Coinbase’s country director, who’s working hard to change how affluent Germans view Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and even the more playful corners of the crypto market like … Continue reading "How Coinbase Is Driving Crypto Adoption in Germany"
    <figure><img width="1060" height="631" src="https://cryptocurrencynews.com/wp-content/uploads/2024/03/cryptocurrencies-photos-scattered-digital-surface_1135748-27631.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto adoption" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/03/cryptocurrencies-photos-scattered-digital-surface_1135748-27631.jpg 1060w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/cryptocurrencies-photos-scattered-digital-surface_1135748-27631-300x179.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/cryptocurrencies-photos-scattered-digital-surface_1135748-27631-1024x610.jpg 1024w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/cryptocurrencies-photos-scattered-digital-surface_1135748-27631-768x457.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/cryptocurrencies-photos-scattered-digital-surface_1135748-27631-382x228.jpg 382w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p data-start="352" data-end="759">Germany is known for its financial conservatism, but <a href="https://www.disruptionbanking.com/2025/06/10/the-rise-in-popularity-of-crypto-in-germany/#:~:text=Current%20State%20of%20Crypto%20Adoption%20in%20Germany&amp;text=Crypto%20usage%20in%20Germany%20has,according%20to%20Triple%2DA%20estimates." target="_blank" rel="noopener">crypto adoption in Germany</a> is quietly gaining momentum—thanks in part to Coinbase’s strategic push. Leading the charge is Denny Morawiak, Coinbase’s country director, who’s working hard to change how affluent Germans view Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and even the more playful corners of the crypto market like PopCat (CRYPTO:POPCAT).</p> <h2 data-start="761" data-end="810">Changing the Mindset of a Conservative Nation</h2> <p data-start="812" data-end="1211">Convincing Germans to embrace cryptocurrency is no easy task. The country has a notoriously cautious investment culture, with a 20% savings rate in 2024 (Eurostat), compared to just under 5% in the U.S. (Bureau of Economic Analysis, April 2025). Most Germans still prefer traditional financial products like government bonds and pensions, which offer stability over the volatility of digital assets.</p> <p data-start="1213" data-end="1477">Morawiak believes that crypto adoption in Germany won’t come from memes or hype, but from education and trust. &#8220;They’re not just looking for performance,&#8221; he says. &#8220;They want to understand the product, the risks, and how it fits into their long-term strategy.&#8221;</p> <h2 data-start="1479" data-end="1527">A White Glove Strategy for Wealthy Investors</h2> <p data-start="1529" data-end="1892">To boost interest, Coinbase is leveraging a white glove approach—hosting elite events and personalized consultations. Since 2023, Coinbase has been a sponsor of Borussia Dortmund, the Bundesliga giant. This partnership has allowed Coinbase to hold events at the stadium, offering a premium experience that attracts high-net-worth individuals curious about crypto.</p> <p data-start="1894" data-end="2059">“There are already wealthy individuals diversified into crypto,” says Morawiak. “But there’s an even bigger group that’s not yet in. That’s who we’re targeting now.”</p> <p data-start="2061" data-end="2251">This strategy hinges on referrals, loyalty, and education. Attendees bring their friends—people who want to invest but need clarity on tax implications or safer ways to enter the market.</p> <h2 data-start="2253" data-end="2284">Why Germany Still Hesitates</h2> <p data-start="2286" data-end="2505">Part of the hesitation comes from Germany’s robust pension system. Younger workers pay into a system that benefits current retirees, and most people don’t feel the urgency to build private wealth through riskier assets.</p> <p data-start="2507" data-end="2671">“The money I contribute right now goes directly to my grandparents,” Morawiak explains. “So I’m less focused on what happens with that money—it’s not meant for me.”</p> <p data-start="2673" data-end="2971">Combined with a lack of financial education on market investing, this mindset makes crypto adoption in Germany particularly challenging. However, Morawiak sees an opportunity. “We’re a rich country with big companies,” he says. “But we’re a country of relatively unwealthy people. It’s a pity.”</p> <h2 data-start="2973" data-end="3003">Education First, Hype Last</h2> <p data-start="3005" data-end="3226">When asked about speculative assets like memecoins, Morawiak is cautious. PopCat (CRYPTO:POPCAT), for example—a Solana-based (CRYPTO:SOL) token based on a cat meme—is not something he recommends for retirement portfolios.</p> <p data-start="3228" data-end="3433">“I wouldn’t advise anyone to build a pension around memecoins,” he says with a laugh. Instead, the real opportunity lies in showing investors how to treat digital assets as part of a diversified portfolio.</p> <p data-start="3435" data-end="3644">Coinbase’s approach emphasizes responsible investing, not hype. Their Germany team has launched educational campaigns for Borussia Dortmund employees, hoping to demystify crypto for everyday professionals.</p> <h2 data-start="3646" data-end="3663">Looking Ahead</h2> <p data-start="3665" data-end="3929">The formula seems to be working. As Coinbase continues to host exclusive events, Morawiak is fielding more calls from interested clients—some already invested in equities and looking to diversify, others who need handholding through their first crypto transaction.</p> <p data-start="3931" data-end="4112">In a country where financial risk has long been taboo, the path to <a href="https://cryptocurrencynews.com/market-news/crypto-adoption-in-the-u-s-reaches-55-million-users/">crypto adoption</a> in Germany may not be fast—but it’s becoming more possible. And for Morawiak, that’s the goal.</p> <p data-start="4114" data-end="4201">“Growth won’t come overnight,” he says, “but it will come through trust and education.”</p> <p>In the future, Coinbase may expand beyond high-net-worth clients and begin tailoring financial literacy efforts for a younger demographic. This could include university workshops, online tutorials, and collaborations with schools—planting the seeds for long-term change in how Germans view money, wealth-building, and digital assets.</p> <p><em>Featured Image: Freepik @ produtizebro</em></p> <p><a href="https://cryptocurrencynews.com/disclaimer">Please See Disclaimer</a></p>
  19. KuCoin Achieves AAA Rating on CER.live, Solidifying Position as a Top Secure Cryptocurrency Exchange

    Tue, 24 Jun 2025 16:19:07 -0000

    VICTORIA, Seychelles, June 24, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, proudly announces its prestigious AAA rating on CER.live, a renowned cybersecurity ranking platform for cryptocurrency projects. This accolade positions KuCoin as the top 6 most secure exchanges worldwide, reflecting its unwavering commitment to user protection and operational excellence. With a 90% security … Continue reading "KuCoin Achieves AAA Rating on CER.live, Solidifying Position as a Top Secure Cryptocurrency Exchange"
    <figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/06/48a42a0e96338cf1c6d9cd780a2e4619.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/06/48a42a0e96338cf1c6d9cd780a2e4619.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/48a42a0e96338cf1c6d9cd780a2e4619-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/48a42a0e96338cf1c6d9cd780a2e4619-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/48a42a0e96338cf1c6d9cd780a2e4619-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p><span class="legendSpanClass"><span class="xn-location">VICTORIA</span>, <span class="xn-location">Seychelles</span></span>, <span class="legendSpanClass"><span class="xn-chron">June 24, 2025</span></span> /PRNewswire/ &#8212; KuCoin, a leading global cryptocurrency exchange, proudly announces its prestigious AAA rating on CER.live, a renowned cybersecurity ranking platform for cryptocurrency projects.</p> <p>This accolade positions KuCoin as the top 6 most secure exchanges worldwide, reflecting its unwavering commitment to user protection and operational excellence. With a 90% security score and perfect 100/100 marks in server security, user security, penetration tests, and its bug bounty program, KuCoin stands alongside industry giants such as Coinbase, OKX, and Kraken, reinforcing its reputation as a trusted platform in the competitive cryptocurrency market.</p> <div dir="ltr" id="prni_dvprnejpga294left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt=" " id="prnejpga294left" src="https://mma.prnewswire.com/media/2717534/image.jpg" title=" "></img></div> <p>In 2025, KuCoin has reinforced its security commitment through significant milestones. At TOKEN2049 <span class="xn-location">Dubai</span>, KuCoin announced the <span class="xn-money">$2 Billion</span> Trust Project, which showcases its commitment to the 41 million users through the security-first approach. In addition, the exchange secured the SOC 2 Type II certification, validating its strong internal controls for security, alongside the ISO 27001:2022 certification, aligning with global information security benchmarks. Most recently, on <span class="xn-chron">June 19, 2025</span>, KuCoin unveiled a partnership with BitGo that integrates the Go Network for Off-Exchange Settlement. This collaboration enhances security for institutional clients by separating custody and execution. Through multi-year efforts, KuCoin aims to enhance transparency, security, and compliance by integrating advanced features like zero-trust architecture, sophisticated encryption key management, and monthly PoR (Proof of Reserves) reporting. These steps ensure users&#8217; assets are both safeguarded and transparently managed, boosting confidence in the platform.</p> <p>BC Wong, CEO of KuCoin, emphasized this ethos, stating, &#8220;<i>Security isn&#8217;t just a feature at KuCoin—it&#8217;s the foundation of everything we do, and the AAA rating on CER.live reflects our relentless focus on user safety. We will continue to invest in cutting-edge security technologies and practices to stay ahead of emerging threats.</i>&#8220;</p> <p>Looking ahead, KuCoin is poised to strengthen its security framework. The exchange is also pursuing global regulatory compliance, including the MiCAR license in the EU, to meet evolving standards and ensure a secure trading environment worldwide. CER.live&#8217;s AAA rating carries weight due to its rigorous CERtified methodology, which evaluates exchanges on cybersecurity practices, penetration testing, PoR, and bug bounty programs. Integrated into CoinGecko&#8217;s TrustScore, these rankings offer users an objective measure of platform reliability, a critical factor in an industry where security lapses can be catastrophic.</p> <p>Serving over 41 million users across 200+ countries, KuCoin continues to lead by example in the cryptocurrency ecosystem. Its achievements in 2025 highlight a mission to deliver a secure, user-focused platform that builds trust and accelerates Web3 adoption. Through its relentless focus on security, transparency, and innovation, KuCoin continues to set a high standard for the cryptocurrency exchange ecosystem.</p> <p><b>About KuCoin</b></p> <p>Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and exceptional user experience. With a connected user base exceeding 41 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.</p> <p>KuCoin has garnered accolades such as &#8220;Best Crypto Apps &amp; Exchanges&#8221; by Forbes and has been recognized among the &#8220;Top 50 Global Unicorns&#8221; by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more at: <a href="https://www.kucoin.com" rel="nofollow noopener" target="_blank">www.kucoin.com</a></p> <div dir="ltr" id="prni_dvprnejpg3ab2left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt=" " id="prnejpg3ab2left" src="https://mma.prnewswire.com/media/2641815/KuCoin_Horizontal_Green_LOGO_Logo.jpg" title=" "></img></div> <p>Photo &#8211; <a href="https://mma.prnewswire.com/media/2717534/image.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2717534/image.jpg</a><br /></br>Logo &#8211; <a href="https://mma.prnewswire.com/media/2641815/KuCoin_Horizontal_Green_LOGO_Logo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2641815/KuCoin_Horizontal_Green_LOGO_Logo.jpg</a></p> <p id="PURL"><img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN16955&amp;sd=2025-06-24" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/kucoin-achieves-aaa-rating-on-cerlive-solidifying-position-as-a-top-secure-cryptocurrency-exchange-302489458.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/kucoin-achieves-aaa-rating-on-cerlive-solidifying-position-as-a-top-secure-cryptocurrency-exchange-302489458.html</a></p> <p><img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN16955&amp;Transmission_Id=202506240600PR_NEWS_EURO_ND__EN16955&amp;DateId=20250624" style="border:0px;width:1px;height:1px"></img></p> <p>Featured Image: depositphotos @ kongvector</p> <p><a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a></p>
  20. XRP Price Recovery: 3 Bullish Signals Amid Volatility

    Mon, 23 Jun 2025 20:17:24 -0000

    XRP price
    Despite geopolitical tensions rattling global markets, XRP price recovery may be closer than it seems. Last week, Ripple’s XRP (XRP) slid roughly 8% amid escalating Middle East conflict, as traders reacted to U.S. airstrikes in Iran. But even with macro uncertainty weighing on sentiment, several key indicators—technical, on-chain, and institutional—are flashing bullish signals for XRP. … Continue reading "XRP Price Recovery: 3 Bullish Signals Amid Volatility"
    <figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/04/XRP-Price.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="XRP price" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/04/XRP-Price.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/04/XRP-Price-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/04/XRP-Price-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><article class="text-token-text-primary w-full" dir="auto" data-testid="conversation-turn-18" data-scroll-anchor="true"> <div class="text-base my-auto mx-auto py-5 [--thread-content-margin:--spacing(4)] @[37rem]:[--thread-content-margin:--spacing(6)] @[72rem]:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)"> <div class="[--thread-content-max-width:32rem] @[34rem]:[--thread-content-max-width:40rem] @[64rem]:[--thread-content-max-width:48rem] mx-auto flex max-w-(--thread-content-max-width) flex-1 text-base gap-4 md:gap-5 lg:gap-6 group/turn-messages focus-visible:outline-hidden" tabindex="-1"> <div class="group/conversation-turn relative flex w-full min-w-0 flex-col agent-turn"> <div class="relative flex-col gap-1 md:gap-3"> <div class="flex max-w-full flex-col grow"> <div class="min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-5" dir="auto" data-message-author-role="assistant" data-message-id="99ad82a7-01e0-4064-9b6e-f7f36864c64a" data-message-model-slug="gpt-4o"> <div class="flex w-full flex-col gap-1 empty:hidden first:pt-[3px]"> <div class="markdown prose dark:prose-invert w-full break-words light"> <p data-start="315" data-end="372">Despite geopolitical tensions rattling global markets, XRP price recovery may be closer than it seems. Last week, Ripple’s XRP (XRP) slid roughly 8% amid escalating Middle East conflict, as traders reacted to U.S. airstrikes in Iran. But even with macro uncertainty weighing on sentiment, several key indicators—technical, on-chain, and institutional—are flashing bullish signals for XRP.</p> <p data-start="766" data-end="877">Here are three reasons analysts believe a recovery in XRP’s price is not only possible but increasingly likely.</p> <h2 data-start="884" data-end="937">1. XRP Is Bouncing From a Historical Support Zone</h2> <p data-start="939" data-end="1161">As of June 23, XRP had already rebounded more than 7.5% from its local low of $1.90, recovering toward the $2.05 range. This bounce occurred at a strong technical support confluence that previously triggered a major rally.</p> <p data-start="1163" data-end="1432">The support zone includes a multi-week ascending trendline and the 50-week exponential moving average (EMA), both aligning in the $1.80–$2.00 range. In past market cycles, XRP has shown resilience when testing this band, including a notable 65% surge earlier this year.</p> <p data-start="1434" data-end="1697">Analysts are closely watching for a breakout above the upper boundary of XRP’s symmetrical triangle pattern. If confirmed, this could pave the way for a rally to $3.71—an all-time high that would signal a full XRP price recovery and renewed investor confidence.</p> <h2 data-start="1704" data-end="1743">2. No Panic Selling From XRP Whales</h2> <p data-start="1745" data-end="2083">Market dips often prompt fear-driven exits, especially among retail investors. But data from blockchain analytics firm Glassnode suggests the opposite is happening with XRP. The number of wallet addresses holding at least 10,000 XRP tokens—typically seen as “whales” or high-net-worth individuals—has remained not just stable, but rising.</p> <p data-start="2085" data-end="2271">As of June 20, there were over 295,000 addresses with balances exceeding 10,000 XRP. That’s a record high, even as the token briefly dropped below $2 during geopolitical turbulence.</p> <p data-start="2273" data-end="2457">This behavior implies whales are not fleeing the market. On the contrary, they appear to be accumulating, signaling long-term conviction in XRP’s fundamentals and recovery potential.</p> <p data-start="2459" data-end="2580">This trend has historically preceded price rallies, reinforcing the case for a possible reversal in the current downturn.</p> <h2 data-start="2587" data-end="2627">3. Institutions Are Still Buying XRP</h2> <p data-start="2629" data-end="2936">Retail conviction is one thing—but institutional flows offer another powerful indicator of future price action. According to CoinShares, XRP-focused investment products saw $2.7 million in weekly inflows during the recent sell-off. Month-to-date, institutional flows into XRP stand at $10.5 million.</p> <p data-start="2938" data-end="3204">That puts XRP among the top-performing altcoins in terms of capital inflows during a risk-off period, alongside Solana (SOL) and Sui (SUI). For comparison, many other digital assets—including Bitcoin (BTC) and Ethereum (ETH)—saw outflows during the same stretch.</p> <p data-start="3206" data-end="3515">These inflows suggest that larger financial players view the XRP price recovery as both probable and potentially lucrative. With Ripple continuing to expand its global payments partnerships and regulatory clarity improving in some jurisdictions, institutional sentiment appears to be turning more favorable.</p> <h2 data-start="3522" data-end="3552">What to Watch Next for XRP</h2> <p data-start="3554" data-end="3839">While XRP has shown promising signs of bottoming out, the broader macro environment remains a wildcard. Continued tensions in the Middle East could introduce volatility, and a stronger dollar or tighter monetary policy from the Federal Reserve could weigh on crypto markets in general.</p> <p data-start="3841" data-end="4088">Still, the combination of technical support, whale accumulation, and institutional flows makes a compelling case for a potential XRP price recovery. If momentum continues, traders could see XRP push back toward $3 or higher in the coming months.</p> <h2 data-start="4095" data-end="4114">The Bottom Line</h2> <p data-start="4116" data-end="4386">While the past week saw XRP under pressure, the outlook may not be as bleak as it seemed. The presence of solid support levels, committed large holders, and increasing institutional interest signals that XRP could rebound strongly if broader market conditions stabilize.</p> <p data-start="4388" data-end="4543" data-is-last-node="" data-is-only-node="">As always, investors should monitor global news, regulatory updates, and on-chain metrics—but for now, <a href="https://cryptocurrencynews.com/investing-news/xrp-price-prediction-more-downside-ahead/">XRP price</a> recovery appears more possible than not.</p> </div> </div> </div> </div> </div> <div class="absolute"> <div class="flex items-center justify-center"></div> </div> </div> </div> </div> </article> <div class="pointer-events-none h-px w-px" aria-hidden="true" data-edge="true"> <p><em>Featured Image: Freepik</em></p> <p><a href="https://cryptocurrencynews.com/disclaimer">Please See Disclaimer</a></p> </div>
  21. Iran Bitcoin Sales: Fueling Conflict or Overblown Fear?

    Mon, 23 Jun 2025 20:13:40 -0000

    bitcoin
    The role of Iran Bitcoin sales in funding its military ambitions has once again come under scrutiny amid rising geopolitical tensions. A controversial claim by investor Mike Alfred alleges that Iran is rapidly offloading Bitcoin—allegedly obtained through cyberattacks—to finance its missile programs and nuclear infrastructure. While dramatic, the accuracy and implications of this claim are … Continue reading "Iran Bitcoin Sales: Fueling Conflict or Overblown Fear?"
    <figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/08/34154-2-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="bitcoin" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/08/34154-2-1.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/08/34154-2-1-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/08/34154-2-1-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p data-start="386" data-end="806">The role of Iran Bitcoin sales in funding its military ambitions has once again come under scrutiny amid rising geopolitical tensions. A controversial claim by investor Mike Alfred alleges that Iran is rapidly offloading Bitcoin—allegedly obtained through cyberattacks—to finance its missile programs and nuclear infrastructure. While dramatic, the accuracy and implications of this claim are far from straightforward.</p> <h2 data-start="808" data-end="840">Bitcoin and the Nobitex Hack</h2> <p data-start="842" data-end="1265">The allegations surfaced shortly after a high-profile hack of Nobitex, Iran’s largest cryptocurrency exchange, on June 18, 2025. The attackers stole over $90 million in digital assets, including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other altcoins. The group responsible, Predatory Sparrow, is widely believed to have ties to Israel and claimed responsibility as a political act rather than a financial heist.</p> <p data-start="1267" data-end="1593">In a surprising move, the hackers didn’t liquidate the stolen funds. Instead, they transferred the assets into burner wallets—wallets without private keys—effectively destroying the crypto and rendering it inaccessible. Their message was clear: the goal was to disrupt Iran’s crypto-based financial infrastructure, not profit.</p> <p data-start="1595" data-end="1779">This directly contradicts Alfred’s assertion that Iran is selling stolen crypto to fund warfare. In fact, the Nobitex hack represented a significant financial blow to Iran, not a gain.</p> <h2 data-start="1781" data-end="1826">How Much Bitcoin Does Iran Actually Have?</h2> <p data-start="1828" data-end="2106">While the Nobitex hack doesn’t support the narrative, Iran’s broader engagement with cryptocurrencies is well-documented. Facing heavy U.S. sanctions, the Iranian regime has turned to Bitcoin mining and crypto transactions as a workaround for accessing global financial systems.</p> <p data-start="2108" data-end="2410">Iran’s mining operations are believed to generate upwards of $1 billion in Bitcoin annually. However, the exact size of the Iranian government’s crypto reserves remains unclear. The decentralized nature of blockchain makes it difficult to trace national holdings unless wallets are publicly identified.</p> <p data-start="2412" data-end="2700">Even if Iran were to dump a significant portion of its BTC holdings, the global impact on the crypto market would likely be limited. With daily trading volumes for <a href="https://cryptocurrencynews.com/market-news/market-news-bitcoin-price-surge-sparks-market-rally/">Bitcoin</a> routinely exceeding $20 billion, the market has the depth to absorb such transactions with minimal price disruption.</p> <h2 data-start="2702" data-end="2748">War and Crypto as a Financial Escape Hatch</h2> <p data-start="2750" data-end="3117">Following Iran’s recent missile attacks on U.S. military installations in Qatar, analysts are watching closely for financial movements. Historically, military escalation has prompted a surge in crypto activity out of Iran. This includes both institutional actors and civilians seeking to shield themselves from sanctions, inflation, and a weakening national currency.</p> <p data-start="3119" data-end="3421">Platforms like Nobitex have played a crucial role in this financial escape. Billions of dollars in crypto transactions have passed through Iranian exchanges, largely out of view from international regulators. In times of crisis, Bitcoin becomes both a tool for evasion and a hedge for average Iranians.</p> <p data-start="3423" data-end="3706">This dynamic has prompted concern among Western governments, who view such activity as a breach of international sanctions. As tensions rise, scrutiny of exchanges and wallet activity linked to Iran will likely increase, potentially resulting in further restrictions or legal action.</p> <h2 data-start="3708" data-end="3751">The Market Impact of Iran Bitcoin Sales</h2> <p data-start="3753" data-end="4037">If Iran chooses to liquidate a portion of its crypto reserves, the immediate market effect would probably be temporary volatility rather than a crash. With an estimated $1 billion in annual crypto-based revenue, Iran&#8217;s sales would represent a small fraction of global trading volumes.</p> <p data-start="4039" data-end="4333">However, the real concern is not market movement—it’s the regulatory and geopolitical fallout. Nations and exchanges could face pressure to identify and block Iranian-linked transactions. Sanctions enforcement could expand to cover crypto infrastructure, affecting how global exchanges operate.</p> <h2 data-start="4335" data-end="4372">Bottom Line: More Hype Than Harm?</h2> <p data-start="4374" data-end="4692">While Iran Bitcoin sales are a valid area of concern, claims that they will crash the crypto market or suddenly fund a new arms race are exaggerated. The bigger issue is the geopolitical attention it draws. Western governments may clamp down harder on crypto channels that allow rogue states to circumvent sanctions.</p> <p data-start="4694" data-end="4937" data-is-last-node="" data-is-only-node="">For now, the blockchain community—and global financial markets—would do well to separate verifiable fact from speculative fear. The focus should remain on transparency, compliance, and the role of crypto in an increasingly complex world stage.</p> <p><i>Featured Image: Freepik</i></p> <p><a href="https://cryptocurrencynews.com/disclaimer" target="_blank" rel="noopener">Please See Disclaimer</a></p>
  22. Antier Shatters DeFi Boundaries: Debuts Enterprise-Level Stablecoin Remittance Solution

    Mon, 23 Jun 2025 16:19:08 -0000

    NEW DELHI, June 23, 2025 /PRNewswire/ — Antier, the global leader in blockchain product development, announces the launch of its enterprise-ready stablecoin remittance platform, built for institutions demanding precision, control, and velocity in cross-border value exchange. As the world’s most trusted stablecoin development company, Antier delivers a modular, production-grade stack that modernizes the movement of … Continue reading "Antier Shatters DeFi Boundaries: Debuts Enterprise-Level Stablecoin Remittance Solution"
    <figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/06/2d5bcb28934477928b8a10cac0b640a5-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/06/2d5bcb28934477928b8a10cac0b640a5-1.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/2d5bcb28934477928b8a10cac0b640a5-1-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/2d5bcb28934477928b8a10cac0b640a5-1-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/2d5bcb28934477928b8a10cac0b640a5-1-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p><span class="legendSpanClass"><span class="xn-location">NEW DELHI</span></span>, <span class="legendSpanClass"><span class="xn-chron">June 23, 2025</span></span> /PRNewswire/ &#8212; Antier, the global leader in blockchain product development, announces the launch of its enterprise-ready stablecoin remittance platform, built for institutions demanding precision, control, and velocity in cross-border value exchange. As the world&#8217;s most trusted <a href="https://www.antiersolutions.com/stablecoin-development-company/" rel="nofollow noopener" target="_blank"><b>stablecoin development company</b></a>, Antier delivers a modular, production-grade stack that modernizes the movement of capital across borders.</p> <div dir="ltr" id="prni_dvprnejpga65dleft" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Antier Shatters DeFi Boundaries: Debuts Enterprise-Level Stablecoin Remittance Solution" id="prnejpga65dleft" src="https://mma.prnewswire.com/media/2716401/Stablecoin_Remittance.jpg" style="width: 400px;height: 237px" title="Antier Shatters DeFi Boundaries: Debuts Enterprise-Level Stablecoin Remittance Solution"></img></div> <p>At stake is a massive opportunity: the global remittance market is projected to exceed <a href="https://www.thebusinessresearchcompany.com/report/remittance-global-market-report" rel="nofollow noopener" target="_blank"><span class="xn-money">$832.37 billion</span></a> by 2025, with traditional corridors strained by high fees and fragmented intermediaries. Antier&#8217;s new platform addresses this challenge directly, eliminating delays, markups, and outdated infrastructure that have long hindered cross-border transfers. Designed for digital banks, licensed money operators, and fintechs, Antier&#8217;s stack enables businesses to develop <a href="https://www.antiersolutions.com/blogs/save-days-dollars-how-stablecoin-remittance-outperforms-traditional-transfers/" rel="nofollow noopener" target="_blank">stablecoin remittance platform</a> solutions with built-in compliance, token lifecycle automation, and multi-chain routing.</p> <p><i>&#8220;The future of remittances isn&#8217;t waiting for banks to catch up; it&#8217;s already being built on </i><a href="https://www.antiersolutions.com/stablecoin-remittance-platform-development/" rel="nofollow noopener" target="_blank"><b>Stablecoin remittance</b></a> <i>stablecoins. This platform isn&#8217;t a prototype. It&#8217;s the rails for tomorrow&#8217;s global money movement.&#8221; </i></p> <p>— Gagandeep Singh, VP of Product, Antier</p> <p><a href="https://www.antiersolutions.com/stablecoin-remittance-platform-development/" rel="nofollow noopener" target="_blank"><b>Stablecoin remittance platform development</b></a> solutions from Antier offer role-based controls, live audit logs, liquidity routing, and fiat on/off-ramping, optimized for large-scale transactions, payroll automation, and international settlements. Antier&#8217;s platform integrates programmable stablecoin issuers, embedded liquidity engines, and regulatory workflows, delivering a complete product that&#8217;s already in motion.</p> <p><b>Antier Offers Extraordinary Stablecoin RaaS Solutions!</b></p> <ul type="disc"> <li>Programmable Treasury Control</li> <li>Multi-Chain Ready Architecture</li> <li>On/Off Ramp Integration</li> <li>Compliance-Built Infrastructure</li> <li>Modular Token Lifecycle Management</li> <li>Custom <span class="xn-person">Admin Console</span></li> <li>Enterprise Wallet &amp; Custody Suite</li> <li>High-Volume Remittance Performance</li> </ul> <p>Each custom stablecoin payment solution is designed with compliance, scalability, and institutional readiness at its core, giving enterprises a clear path to launch and scale with confidence. Stablecoins aren&#8217;t the future. With Antier, they&#8217;re the present.</p> <p><b>About Antier</b></p> <p>Antier is a global blockchain and <a href="https://www.antiersolutions.com/web-3-0-development/" rel="nofollow noopener" target="_blank"><b>Web3 development company</b></a> with a team of 700+ blockchain experts delivering purpose-built digital asset infrastructure. Operating in over 100 countries and trusted by 250+ active clients, Antier offers full-spectrum development services across stablecoins, exchanges, wallets, and token ecosystems. Before others notice the shift, we&#8217;ve already shipped the standard.</p> <p><b>For More Information:</b> <a href="https://www.antiersolutions.com/" rel="nofollow noopener" target="_blank">Website</a> | <a href="https://x.com/antiersolutions" rel="nofollow noopener" target="_blank">Tweet</a><a href="https://x.com/antiersolutions" rel="nofollow noopener" target="_blank"> </a>| <a href="https://www.facebook.com/antiersolutions" rel="nofollow noopener" target="_blank">Facebook</a> |<a href="https://www.linkedin.com/company/antiersolutions/" rel="nofollow noopener" target="_blank"> LinkedIn</a> | <a href="https://t.me/AntierTeam" rel="nofollow noopener" target="_blank">Telegram </a>| <a href="mailto:info@antiersolutions.com" rel="nofollow noopener" target="_blank">E-mail</a></p> <p>Photo: <a href="https://mma.prnewswire.com/media/2716401/Stablecoin_Remittance.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2716401/Stablecoin_Remittance.jpg</a><br /></br>Logo: <a href="https://mma.prnewswire.com/media/1933749/3993752/Antier_Logo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/1933749/3993752/Antier_Logo.jpg</a></p> <p> </p> <div dir="ltr" id="prni_dvprnejpg82ddleft" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Antier_Logo" id="prnejpg82ddleft" src="https://mma.prnewswire.com/media/1933749/3993752/Antier_Logo.jpg" style="width: 400px;height: 150px" title="Antier_Logo"></img></div> <p> </p> <p id="PURL"><img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN15815&amp;sd=2025-06-23" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/antier-shatters-defi-boundaries-debuts-enterprise-level-stablecoin-remittance-solution-302488013.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/antier-shatters-defi-boundaries-debuts-enterprise-level-stablecoin-remittance-solution-302488013.html</a></p> <p><img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN15815&amp;Transmission_Id=202506230325PR_NEWS_EURO_ND__EN15815&amp;DateId=20250623" style="border:0px;width:1px;height:1px"></img></p> <p>Featured Image: depositphotos @ sdecoret</p> <p><a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a></p>
  23. Flipster and Aptos Foundation Partner to Drive Stablecoin Adoption and Unlock Multichain Opportunities

    Sun, 22 Jun 2025 16:19:08 -0000

    PANAMA CITY, June 20, 2025 /PRNewswire/ — Flipster, a global cryptocurrency trading platform, has partnered with the Aptos Foundation to accelerate stablecoin adoption and enhance multichain capital access worldwide — empowering traders with faster, more accessible, and more flexible ways to participate in global blockchain ecosystems and seize market opportunities across different chains. As a … Continue reading "Flipster and Aptos Foundation Partner to Drive Stablecoin Adoption and Unlock Multichain Opportunities"
    <figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/06/02fc005f9a7f2d35958b5b24f33ecf8d.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/06/02fc005f9a7f2d35958b5b24f33ecf8d.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/02fc005f9a7f2d35958b5b24f33ecf8d-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/02fc005f9a7f2d35958b5b24f33ecf8d-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/02fc005f9a7f2d35958b5b24f33ecf8d-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p><span class="legendSpanClass"><span class="xn-location">PANAMA CITY</span></span>, <span class="legendSpanClass"><span class="xn-chron">June 20, 2025</span></span> /PRNewswire/ &#8212; <a href="https://flipster.io/" rel="nofollow noopener" target="_blank">Flipster</a>, a global cryptocurrency trading platform, has partnered with the Aptos Foundation to accelerate stablecoin adoption and enhance multichain capital access worldwide — empowering traders with faster, more accessible, and more flexible ways to participate in global blockchain ecosystems and seize market opportunities across different chains.</p> <div dir="ltr" id="prni_dvprnejpgaae8left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Flipster, a global cryptocurrency trading platform, has partnered with the Aptos Foundation to accelerate stablecoin adoption and enhance multichain capital access worldwide." id="prnejpgaae8left" src="https://mma.prnewswire.com/media/2715598/Flipster.jpg" title="Flipster, a global cryptocurrency trading platform, has partnered with the Aptos Foundation to accelerate stablecoin adoption and enhance multichain capital access worldwide."></img></div> <p>As a key milestone of this partnership, Flipster now supports USDT deposits and withdrawals via the Aptos network. This integration adds another high-speed, low-friction option for stablecoin transfers on Flipster, giving users greater mobility across networks. It also enables seamless access to the Aptos ecosystem and participation in Aptos-based protocols.</p> <p>&#8220;Aptos was purpose-built to power the future of global finance,&#8221; said Ash Pampati, Head of Ecosystem at the Aptos Foundation. &#8220;Through Flipster&#8217;s integration of USDT on Aptos, we&#8217;re unlocking new levels of access, speed and opportunities for users around the world, allowing them to engage with decentralized finance in faster, more impactful ways.&#8221;</p> <p>&#8220;Stablecoins are how traders stay agile,&#8221; said <span class="xn-person">Youngsun Shin</span>, Head of Product and Partnerships at Flipster. &#8220;They have become essential infrastructure for modern trading, enabling lower-cost capital movement across ecosystems and unlocking new market efficiencies for global users. With USDT transfers on Aptos now live on Flipster, users gain another high-performance rail to deploy capital swiftly and seamlessly.&#8221;</p> <p>Flipster has also recently listed $APT on its spot market, providing users with direct access to the Aptos token and a new entry point into its growing ecosystem.</p> <p>To celebrate the partnership, Flipster is introducing a series of <a href="https://flipster.io/en/marketing/flipster-aptos-rewards" rel="nofollow noopener" target="_blank">limited-time campaigns</a> designed to deepen user engagement with the Aptos ecosystem:</p> <ul type="disc"> <li><b><span class="xn-money">$30,000</span> USDT Launchpool (June 19–24)</b>: Verified users who stake $APT can earn USDT rewards, with bonus multipliers based on trading volume or VIP tier.</li> <li><b><span class="xn-money">$20,000</span> USDT Referral Program (June 19–24)</b>: New and existing users can earn up to 10 USDT by inviting friends who complete identity verification.</li> <li><b>New User Bonus (Ongoing)</b>: Eligible participants can earn up to 150 USDT by completing onboarding tasks through the <a href="https://flipster.io/en/marketing/rewards-hub" rel="nofollow noopener" target="_blank">Flipster Rewards Hub</a>.</li> </ul> <p>The Flipster-Aptos partnership reflects a shared vision for a more connected and capital-efficient trading ecosystem — where stablecoins play a pivotal role in enabling frictionless access to cross-chain ecosystems, liquidity, and opportunities across global markets.</p> <p>To learn more or join the campaign, visit <a href="https://flipster.io/en/marketing/flipster-aptos-rewards" rel="nofollow noopener" target="_blank">https://flipster.io/en/marketing/flipster-aptos-rewards</a>.</p> <p><b>About Flipster<br /></br></b><a href="https://nam11.safelinks.protection.outlook.com/?url=https%3A%2F%2Fflipster.io%2F&amp;data=05%7C02%7Chyunjoon.park%40cision.com%7Cb82f04da5dd742b8cd6c08ddafed1109%7C887bf9ee3c824b88bcb280d5e169b99b%7C1%7C0%7C638860154911850667%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=lCsj72C4wRQ2Of4SH%2BUk0BVw6NhmlY%2FySafmPXxOQtY%3D&amp;reserved=0" rel="nofollow noopener" target="_blank">Flipster</a> is the zero-friction exchange built for traders who move fast and demand precision. With deep liquidity, ultra-tight spreads, and instant execution, Flipster performs even in fast-moving markets — no lag, no slippage. Every trade is tuned for precision — with zero wasted ticks.</p> <p>Learn more at <a href="https://nam11.safelinks.protection.outlook.com/?url=https%3A%2F%2Fflipster.io%2F&amp;data=05%7C02%7Chyunjoon.park%40cision.com%7Cb82f04da5dd742b8cd6c08ddafed1109%7C887bf9ee3c824b88bcb280d5e169b99b%7C1%7C0%7C638860154911873266%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=WYsSCYiQqsx1axonze%2FsLQbYtPOhvOMhrXt5SVEK0RE%3D&amp;reserved=0" rel="nofollow noopener" target="_blank">flipster.io</a> or follow<a href="https://nam11.safelinks.protection.outlook.com/?url=https%3A%2F%2Fx.com%2Fflipster_io&amp;data=05%7C02%7Chyunjoon.park%40cision.com%7Cb82f04da5dd742b8cd6c08ddafed1109%7C887bf9ee3c824b88bcb280d5e169b99b%7C1%7C0%7C638860154911889698%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=DChs%2FGiJd%2F7%2FN4nFH0hq4O0tTv6ic4IeTeFGxm32HP0%3D&amp;reserved=0" rel="nofollow noopener" target="_blank"> X</a>.</p> <p><b>About Aptos Foundation<br /></br></b>Aptos Foundation is dedicated to supporting the development of the Aptos protocol and driving engagement with the Aptos ecosystem. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralization to the masses.</p> <p><b>About Aptos<br /></br></b>Aptos is a high-performance proof-of-stake layer-one blockchain. Aptos&#8217; breakthrough technology, scalable infrastructure, and user safeguards are designed to power the next generation of financial systems by offering unparalleled high throughput and low latency that can scale to billions of users.</p> <p><b>Press<br /></br></b><a href="mailto:pr@flipster.io" rel="nofollow noopener" target="_blank">pr@flipster.io</a></p> <p>Photo &#8211; <a href="https://mma.prnewswire.com/media/2715598/Flipster.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2715598/Flipster.jpg</a> </p> <p id="PURL"><img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN14954&amp;sd=2025-06-20" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/flipster-and-aptos-foundation-partner-to-drive-stablecoin-adoption-and-unlock-multichain-opportunities-302487107.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/flipster-and-aptos-foundation-partner-to-drive-stablecoin-adoption-and-unlock-multichain-opportunities-302487107.html</a></p> <p><img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN14954&amp;Transmission_Id=202506200914PR_NEWS_EURO_ND__EN14954&amp;DateId=20250620" style="border:0px;width:1px;height:1px"></img></p> <p>Featured Image: depositphotos @ adriantoday</p> <p><a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a></p>
  24. Enkrypt integrates SPACE ID’s Payment ID for seamless CEX transfers

    Sat, 21 Jun 2025 16:19:07 -0000

    Full SDK integration radically simplifies crypto transfers across leading chains SINGAPORE, June 20, 2025 /PRNewswire/ — Leading digital identity platform SPACE ID is pleased to announce that Enkrypt, the multi-chain wallet developed by MyEtherWallet (MEW), has integrated its Payment ID solution, which allows Enkrypt users to send crypto to any centralized exchange (CEX) on any … Continue reading "Enkrypt integrates SPACE ID’s Payment ID for seamless CEX transfers"
    <figure><img width="777" height="435" src="https://cryptocurrencynews.com/wp-content/uploads/2025/06/33c7c4ee5f3bea98ca511e9b65a57f99.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/06/33c7c4ee5f3bea98ca511e9b65a57f99.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/33c7c4ee5f3bea98ca511e9b65a57f99-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/33c7c4ee5f3bea98ca511e9b65a57f99-768x430.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/33c7c4ee5f3bea98ca511e9b65a57f99-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p><b>Full SDK integration radically simplifies <span>crypto</span> transfers across leading chains</b></p> <p><span class="legendSpanClass"><span class="xn-location">SINGAPORE</span></span>, <span class="legendSpanClass"><span class="xn-chron">June 20, 2025</span></span> /PRNewswire/ &#8212; Leading digital identity platform <a href="https://u7367035.ct.sendgrid.net/ls/click?upn=u001.eDhGoqBDsLxw8YCIMxBQRyAuFV5o2bnJm55-2BrztIdeOO6zb7ualjK8VLpNlBKxrjrRB1_Y6vzfMu8IPnWoPvCvuTDCKZYpWT1YcifE7ub86tdtCQ5lbVOBOVslYex5QrskW7jFoB-2BIAhbOilOIjs43O0cqkwkwXP97fAqL2qN9a1fvwbx514h1PsCu00uufr5DVyt7M91OlNVA4wXzD7XDzM-2F-2BPNasXBa5rxQ3AcFgFiUMA8ZbLLwX9bk4aZlBoT5lGl-2FEzMtabSXO8qrOXElG7mGOA-3D-3D" rel="nofollow noopener" target="_blank">SPACE ID</a> is pleased to announce that <a href="https://www.enkrypt.com/" rel="nofollow noopener" target="_blank">Enkrypt</a>, the multi-chain wallet developed by MyEtherWallet (MEW), has integrated its Payment ID solution, which allows Enkrypt users to send <span>crypto</span> to any centralized exchange (CEX) on any chain with just one simple name.</p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <a href="https://mma.prnewswire.com/media/2715514/SPACE_ID_Photo.html" rel="nofollow noopener" target="_blank"><br /> <img decoding="async" alt="SPACE ID" src="https://mma.prnewswire.com/media/2715514/SPACE_ID_Photo.jpg" title="SPACE ID"></img><br /> </a> </p> </p></div> <p>Payment ID replaces clunky 42-character deposit addresses with a human-readable name, like &#8216;alice&#8217;, mapped to all CEX deposit addresses on any chain, drastically reducing the risk of copy-paste errors or wrong address deposits that still plague the web3 space. Payment ID doesn&#8217;t even require a domain name &#8211; just a simple registration with an email address. </p> <p>On top of this, Enkrypt has integrated SPACE ID&#8217;s proprietary SDK, which allows wallet users to use any SPACE ID domain name, such as .bnb and .arb, as well as Unstoppable Domains&#8217; native domain, .<span>crypto</span>, for seamless <span>crypto</span> transfers between web3 wallets, including MetaMask.</p> <p><b><span class="xn-person">Harrison Seletsky</span>, Director of Business Development at SPACE ID</b>, says: &#8220;We&#8217;re excited to be working with two leading infrastructure projects in the web3 space &#8211; Enkrypt and Unstoppable Domains &#8211; to finally begin creating a more unified and interoperable <span>crypto</span> payments ecosystem.&#8221;</p> <p>SPACE ID&#8217;s Payment ID system officially launched in April on MetaMask and <span>Binance</span>. This latest integration marks another step toward making <span>crypto</span> transfers from web3 wallets to CEXs more seamless and secure, ultimately bringing the web3 user experience closer to what users are accustomed to in the web2 world.</p> <p><b><span class="xn-person">Kosala Hemachandra</span>, CEO and Founder at MyEtherWallet &amp; Enkrypt</b>, says: &#8220;It has been our goal from day one, nearly a decade ago, to make <span>crypto</span> and web3 easy for normal people to use. Adding multi-chain support for domain names and Payment ID aligns with our vision, and SPACE ID was the perfect partner to continue this endeavor!&#8221;</p> <p>With this integration, Enkrypt becomes one of the first wallets to offer native support for both Payment ID and SPACE ID&#8217;s universal identity infrastructure, radically simplifying the <span>crypto</span> transfer process for its users. </p> <p>The multi-chain collaboration between three leading payments and digital identity players is just one step in SPACE ID&#8217;s mission to unite the web3 space and make it truly interoperable, removing the need for bridging, copy-and-paste errors, and lengthy deposit addresses.</p> <p><b>About SPACE ID<br /></br></b><a href="https://u7367035.ct.sendgrid.net/ls/click?upn=u001.eDhGoqBDsLxw8YCIMxBQRyAuFV5o2bnJm55-2BrztIdeOO6zb7ualjK8VLpNlBKxrjrRB1_Y6vzfMu8IPnWoPvCvuTDCKZYpWT1YcifE7ub86tdtCQ5lbVOBOVslYex5QrskW7jFoB-2BIAhbOilOIjs43O0cqkwkwXP97fAqL2qN9a1fvwbx514h1PsCu00uufr5DVyt7M91OlNVA4wXzD7XDzM-2F-2BPNasXBa5rxQ3AcFgFiUMA8ZbLLwX9bk4aZlBoT5lGl-2FEzMtabSXO8qrOXElG7mGOA-3D-3D" rel="nofollow noopener" target="_blank">SPACE ID</a> is the leading digital identity platform, powering trustless identity solutions for users, AI agents, <span>dApps</span>, and beyond. With over <span class="xn-money">6.7M</span> registered domains and <span class="xn-money">2.7M</span> owners supported across BNB Chain, Arbitrum, <span>Ethereum</span>, Story Protocol, and more, SPACE ID is setting the standard for secure and verifiable web3 identities.</p> <p>To learn more about SPACE ID, users can visit <a href="https://space.id/" rel="nofollow noopener" target="_blank">https://space.id/</a> </p> <p><b>About Enkrypt<br /></br></b><a href="https://www.enkrypt.com/" rel="nofollow noopener" target="_blank">Enkrypt</a> is a multichain, self-custodial, and open-source web3 wallet developed by MEW(MyEtherWallet), the same team that has made <span>Ethereum</span> easy and secure to use since 2015. Enkrypt allows users to manage all their <span>crypto</span> assets and access favorite <span>DApps</span> across multiple chains and ecosystems, including <span>Ethereum</span>/EVM, <span>Bitcoin</span>, <span>Solana</span>, <span>Polkadot</span>, and beyond.</p> <p>Enkrypt enables multichain convenience like never before by allowing account and chain switching with a single click, with one recovery phrase for all accounts. Featuring hardware support, phrase import, and multiple accounts across various networks, Enkrypt is a wallet that goes anywhere users need to go in web3. Welcome to the multichain future.</p> <p>To learn more, users can visit <a href="https://www.enkrypt.com/" rel="nofollow noopener" target="_blank">https://www.enkrypt.com/</a> </p> <p><b>Press Contacts</b></p> <p><b>SPACE ID<br /></br></b><span class="xn-person">Anna Fedorova</span> <br /></br><a href="mailto:anna@block3.pr" rel="nofollow noopener" target="_blank">anna@block3.pr</a> </p> <p><b>Enkrypt<br /></br></b><span class="xn-person">Vince Major</span><br /></br><a href="mailto:VinceM@myetherwallet.com" rel="nofollow noopener" target="_blank">VinceM@myetherwallet.com</a></p> <p><b>Contact</b><br /></br>Managing Director<br /></br><span class="xn-person">Anna Fedorova</span><br /></br>Block3 PR<br /></br><a href="mailto:anna@block3.pr" rel="nofollow noopener" target="_blank">anna@block3.pr</a> </p> <p>Photo &#8211; <a href="https://mma.prnewswire.com/media/2715514/SPACE_ID_Photo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2715514/SPACE_ID_Photo.jpg</a></p> <p id="PURL"><img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=LN14889&amp;sd=2025-06-20" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/enkrypt-integrates-space-ids-payment-id-for-seamless-cex-transfers-302487006.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/enkrypt-integrates-space-ids-payment-id-for-seamless-cex-transfers-302487006.html</a></p> <p>SOURCE SPACE ID</p> <p><img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=LN14889&amp;Transmission_Id=202506200900PR_NEWS_USPR_____LN14889&amp;DateId=20250620" style="border:0px;width:1px;height:1px"></img></p> <p>Featured Image: depositphotos @ rastudio</p> <p><a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a></p>
  25. South Korea Crypto Crisis Fuels Youth Shift

    Fri, 20 Jun 2025 19:53:02 -0000

    crypto crisis
    South Korea is witnessing a massive surge in cryptocurrency adoption, but not for the reasons many might expect. The real driver behind the boom isn’t a belief in blockchain innovation or faith in Web3—it’s the South Korea crypto crisis that’s gripping an entire generation of young people struggling to survive in a broken economic landscape. … Continue reading "South Korea Crypto Crisis Fuels Youth Shift"
    <figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/04/flag-south-korea_1401-148-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto crisis" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/04/flag-south-korea_1401-148-1.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/04/flag-south-korea_1401-148-1-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/04/flag-south-korea_1401-148-1-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p data-start="353" data-end="700">South Korea is witnessing a massive surge in cryptocurrency adoption, but not for the reasons many might expect. The real driver behind the boom isn&#8217;t a belief in blockchain innovation or faith in Web3—it’s the South Korea crypto crisis that’s gripping an entire generation of young people struggling to survive in a broken economic landscape.</p> <p data-start="702" data-end="874">With over 16 million registered users on local crypto exchanges—more than 30% of the population—crypto has become a lifeline for the youth, not just an investment tool.</p> <h2 data-start="881" data-end="931">Desperation, Not Innovation, Drives Crypto Use</h2> <p data-start="933" data-end="1299">At <a href="https://www.germanblockchainweek.com/" target="_blank" rel="noopener">German Blockchain &amp; AI Week</a>, Eli Ilha Yune, Chief Product Officer at quantum machine learning startup Anzaetek, shed light on the grim reality behind South Korea’s crypto explosion. Speaking on the “Asia Insights” panel, Yune dismissed the idea that crypto’s popularity in <a href="https://cryptocurrencynews.com/investing-news/south-korea-establishing-crypto-investigative-unit-amid-crime-surge/">South Korea</a> stems from the same ideological or technological enthusiasm found in the West.</p> <p data-start="1301" data-end="1576">According to Yune, young Koreans are not flocking to digital assets out of belief in blockchain’s future—they’re doing it because they have no better option. “They’re seeking quick money,” he explained, attributing the crypto boom to financial despair rather than innovation.</p> <h2 data-start="1583" data-end="1633">The Role of Political Change and Policy Shifts</h2> <p data-start="1635" data-end="1868">The South Korea crypto crisis is unfolding amid significant political transition. Newly elected President Lee Jae-myung has begun implementing campaign promises to integrate digital assets into the country’s financial system.</p> <p data-start="1870" data-end="2151">Plans are underway to issue a Korean won-based stablecoin, a move that South Korea’s central bank does not oppose. These efforts aim to legitimize crypto at the institutional level, but they also risk encouraging even more speculative behavior among desperate retail investors.</p> <h2 data-start="2158" data-end="2206">The Economic Reality Behind the Crypto Craze</h2> <p data-start="2208" data-end="2505">South Korea&#8217;s youth face staggering economic hurdles. According to the 2025 Korea Wealth Report, the so-called “young rich” hold three times more crypto than their older wealthy counterparts. Moreover, 34% of the country’s high-net-worth individuals already have exposure to crypto assets.</p> <p data-start="2507" data-end="2841">But these figures don’t tell the full story. Yune emphasized that most young investors are not well-versed in the underlying technology or market mechanics of crypto. Instead, they’re turning to it as a last resort in a country where traditional paths to wealth—like home ownership or stock market gains—are increasingly out of reach.</p> <h2 data-start="2848" data-end="2893">Youth Unemployment and the Housing Crisis</h2> <p data-start="2895" data-end="3109">Unemployment among South Koreans aged 15 to 29 currently stands at 6.6%, more than double the national average of 2.7%. This means that even highly educated individuals are struggling to find stable employment.</p> <p data-start="3111" data-end="3400">Meanwhile, the housing market has become an insurmountable barrier. The median price of an apartment in Seoul has doubled over the last five years, reaching over 1 billion won (about $689,000). The price-to-income ratio in the city now sits at 15.2, among the highest in the world.</p> <p data-start="3402" data-end="3525">“They cannot buy houses anymore, or even the rent is too high for them,” Yune said. “So their only option is to do crypto.”</p> <h2 data-start="3532" data-end="3571">The Risks of a Speculative Lifeline</h2> <p data-start="3573" data-end="3822">Yune’s comments paint a troubling picture. Many young Koreans entering crypto do so without understanding blockchain, smart contracts, or even basic trading strategies. For them, cryptocurrency isn’t a revolutionary technology—it’s a lottery ticket.</p> <p data-start="3824" data-end="3986">This disconnect underscores the deeper South Korea crypto crisis—one rooted in systemic economic inequality, lack of opportunity, and a broken housing market.</p> <p data-start="3988" data-end="4239">While political moves like institutional crypto integration and stablecoin initiatives may stabilize the system in the long run, they do little to address the desperation driving so many young Koreans into volatile and risky financial territory today.</p> <p>As the world watches South Korea’s crypto boom, it’s crucial to remember: this is not just a tech story. It’s a human one—fueled by real-world pain, disillusionment, and the search for a way out. Without structural reforms in employment and housing, crypto may remain less a solution and more a symptom of systemic crisis.</p> <p>If policymakers fail to address these root causes, the country risks anchoring its future economic hopes to volatile digital assets—a fragile foundation for any society. The South Korea crypto crisis is a wake-up call, not just for Seoul, but for any nation grappling with generational inequality and economic stagnation.</p> <p>Featured Image: Freepik</p> <p><a href="https://cryptocurrencynews.com/disclaimer">Please See Disclaimer</a></p>
  26. Trump Crypto Investment Makes Toymaker Surge

    Fri, 20 Jun 2025 19:41:19 -0000

    trump crypto investment
    A forgotten toy company just exploded onto the crypto scene, and it’s all thanks to a Trump crypto investment that turned $5 million into $127 million overnight. SRM Entertainment (NASDAQ:SRM), once known for selling Smurf-themed tumblers and plush koalas, is now making headlines as one of the hottest speculative crypto stocks of the year. How … Continue reading "Trump Crypto Investment Makes Toymaker Surge"
    <figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/07/152702-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="trump crypto investment" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/07/152702-1.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/152702-1-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/152702-1-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p data-start="351" data-end="692">A forgotten toy company just exploded onto the crypto scene, and it’s all thanks to a Trump crypto investment that turned $5 million into $127 million overnight. SRM Entertainment (NASDAQ:SRM), once known for selling Smurf-themed tumblers and plush koalas, is now making headlines as one of the hottest speculative crypto stocks of the year.</p> <p data-start="694" data-end="895">How did this happen? In short: a surprise pivot into cryptocurrency, a rebrand as “Tron Inc.,” and the involvement of political and crypto heavyweights including Justin Sun and Trump family associates.</p> <h2 data-start="902" data-end="947">A Forgotten Toy Brand Reborn as Tron Inc.</h2> <p data-start="949" data-end="1239">SRM Entertainment flew under the radar until early 2025. Then, in a bold move, the company announced it would pivot into the cryptocurrency space while still maintaining its toy business. The company also announced that controversial crypto entrepreneur Justin Sun would join as an adviser.</p> <p data-start="1241" data-end="1261">Investors went wild.</p> <p data-start="1263" data-end="1528">SRM shares soared from under $2 to over $9 in less than a week, eventually stabilizing above $7. That meteoric rise was fueled by speculation, a celebrity crypto connection, and what many saw as the ultimate convergence play: physical toys backed by digital tokens.</p> <p data-start="1530" data-end="1610">But the real story is what happened behind the scenes—and who profited the most.</p> <h2 data-start="1617" data-end="1670">Dominari Holdings and the Trump Crypto Connection</h2> <p data-start="1672" data-end="2008">The biggest winner in this Trump crypto investment story was American Ventures LLC Series III SRM, a fund managed by Dominari Holdings. Dominari is no stranger to controversial moves. Originally a biotech firm, it reinvented itself as an investment bank just three years ago—and has since built a portfolio of crypto-adjacent companies.</p> <p data-start="2010" data-end="2235">Trump family ties run deep. Both Donald Trump Jr. and Eric Trump are listed as advisers to Dominari. While they weren’t directly involved in the SRM deal, the optics have drawn attention. Dominari’s headquarters? Trump Tower.</p> <p data-start="2237" data-end="2594">In May 2025, Dominari <a href="https://www.bloomberg.com/news/articles/2025-06-18/trump-linked-bank-helped-set-up-120-million-tron-deal-windfall" target="_blank" rel="noopener">helped</a> American Ventures buy $5 million worth of SRM shares. When the stock exploded this week, that investment was suddenly worth $127 million. Add to that millions in warrants given to Soo Yu—who both manages the fund and is married to Dominari’s president—and you get one of the most profitable Trump crypto investments of the year.</p> <h2 data-start="2601" data-end="2637">Justin Sun Adds Fuel to the Fire</h2> <p data-start="2639" data-end="2924">Justin Sun, founder of the TRON blockchain and a well-known figure in the crypto world, also played a key role in driving SRM’s transformation. Although he’s still facing legal trouble from a paused SEC lawsuit, his involvement gave the pivot credibility in the eyes of many investors.</p> <p data-start="2926" data-end="3097">According to SRM CEO Richard Miller, Sun is “an impact player in this space.” His presence as an adviser adds both hype and controversy to the rebranded Tron Inc. project.</p> <p data-start="3099" data-end="3331">Under this new vision, SRM plans to continue producing licensed toys while building a reserve of digital tokens tied to Sun’s TRON ecosystem—a hybrid business model that blurs the lines between tangible goods and speculative assets.</p> <h2 data-start="3338" data-end="3390">The Bigger Picture: Crypto, Politics, and Profit</h2> <p data-start="3392" data-end="3636">This <a href="https://cryptocurrencynews.com/investing-news/trump-media-bitcoin-etf-faces-big-competition/">Trump</a> crypto investment story is just one chapter in a larger trend. Dominari Holdings has already launched other crypto ventures, including World Liberty Financial and American Bitcoin—companies that also boast Trump-connected leadership.</p> <p data-start="3638" data-end="3859">The success of SRM shows how politically connected firms are finding new ways to cash in on the volatile but lucrative crypto space. It’s no longer just about tokens or blockchain. It’s about image, influence, and timing.</p> <p data-start="3861" data-end="4139">While SRM’s long-term viability remains uncertain, its overnight transformation from a dusty toymaker to a $100M+ crypto darling proves one thing: in today’s markets, the right mix of politics, celebrity, and crypto buzz can create incredible—and incredibly risky—opportunities.</p> <p><i>Featured Image: Freepik</i></p> <p><a href="https://cryptocurrencynews.com/disclaimer" target="_blank" rel="noopener">Please See Disclaimer</a></p>
  27. GRVT Hits $8B Total Trading Volume, Partners with rhino.fi to Enhance Cross-Chain Self-Custodial Trading

    Fri, 20 Jun 2025 16:19:12 -0000

    HAMILTON, Bermuda, June 19, 2025 /PRNewswire/ — GRVT, the world’s first licensed onchain exchange, is teaming up with rhino.fi, a leading intent based liquidity network for seamless cross-chain access experience across both EVM and non-EVM networks. Users can now deposit to and withdraw from GRVT directly using BSC, Arbitrum, Solana or TRON via rhino.fi, which can … Continue reading "GRVT Hits $8B Total Trading Volume, Partners with rhino.fi to Enhance Cross-Chain Self-Custodial Trading"
    <figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/06/f6ea22329c9aff2082b49dfe92a9187e.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/06/f6ea22329c9aff2082b49dfe92a9187e.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/f6ea22329c9aff2082b49dfe92a9187e-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/f6ea22329c9aff2082b49dfe92a9187e-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/f6ea22329c9aff2082b49dfe92a9187e-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p><span class="legendSpanClass"><span class="xn-location">HAMILTON, Bermuda</span></span>, <span class="legendSpanClass"><span class="xn-chron">June 19, 2025</span></span> /PRNewswire/ &#8212; <a href="https://grvt.io/" rel="nofollow noopener" target="_blank">GRVT</a>, the world&#8217;s first licensed onchain exchange, is teaming up with rhino.fi, a leading intent based liquidity network for seamless cross-chain access experience across both EVM and non-EVM networks. Users can now deposit to and withdraw from GRVT directly using BSC, Arbitrum, Solana or TRON via rhino.fi, which can expand to over 30 chains supported by rhino.fi in the future.</p> <div dir="ltr" id="prni_dvprnejpg374dleft" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="GRVT" id="prnejpg374dleft" src="https://mma.prnewswire.com/media/2575118/GRVT_Logo.jpg" title="GRVT"></img></div> <p>Only one week after the integration&#8217;s soft launch, a transaction volume of <span class="xn-money">500K</span> was achieved. This growth is expected to accelerate as user confidence increases.</p> <p>As part of a wider DeFi TVL surge (<a href="https://defillama.com/protocols/Derivatives" rel="nofollow noopener" target="_blank">over <span class="xn-money">$2.4 billion</span></a> in TVL added to derivatives protocols in the past year), GRVT <a href="https://defillama.com/protocol/grvt?perpsVolume=true&amp;groupBy=cumulative&amp;tvl=false" rel="nofollow noopener" target="_blank">crossed</a> a major milestone, hitting <span class="xn-money">$8 billion</span> in total trading volume, according to DefiLlama.</p> <p>Average spreads on GRVT have also been significantly tightened since its Mainnet launch, meaning better liquidity, lower slippage, and more value per trade for traders, as noted on GRVT&#8217;s <a href="https://x.com/grvt_io/status/1932604193606676724" rel="nofollow noopener" target="_blank">X</a> account.</p> <p><b>Hong Yea, co-founder and CEO of GRVT</b>, commented, &#8220;Our partnership with rhino.fi marks an important step toward seamless self-custodial trading onchain. By enabling users to bridge assets directly into GRVT from across chains, we&#8217;re tearing down the technical and accessibility barriers that have long held back true DeFi adoption. For the GRVT and rhino.fi communities, this means faster onboarding, broader access, and a frictionless trading experience without compromising the custody of user funds.&#8221;</p> <p><b>rhino.fi co-founder and CEO <span class="xn-person">Dan Yanev</span> </b>added: &#8220;GRVT exemplifies the promise of appchains, combining high performance with regulatory readiness. At rhino.fi, we&#8217;re proud to connect GRVT to the broader DeFi ecosystem through instant, zero-slippage transfers.&#8221;</p> <p>Starting <span class="xn-chron">June 23</span>, the two platforms will host a joint campaign to incentivize users bridged via rhino.fi, with a share of up to 12,000 USDT and 700,000 GRVT Points for grabs. Users can earn rewards simply by bridging into GRVT and trading during that window. Full details will be available on GRVT&#8217;s and rhino.fi&#8217;s social media channels.</p> <p><i>Disclaimer: Perpetuals trading of cryptocurrencies is subject to high market risk and price volatility and you may be called upon at short notice to commit further margin deposits or risk being liquidated. This content is not a distribution of, or an offer or solicitation to provide, financial services or products, nor a representation as to their suitability or legality for you. GRVT is not a regulated entity and your funds are not subject to regulatory protection. Before making any decision based on this content, please seek financial and legal advice, and carefully review our </i><a href="https://help.grvt.io/en/articles/9614731-risk-disclosure-disclaimer" rel="nofollow noopener" target="_blank">Risk Disclosure and Disclaimer</a><i> in full.</i></p> <p><b>About GRVT</b></p> <p>GRVT (pronounced &#8220;gravity&#8221;) is the world&#8217;s first licensed onchain exchange, where traditional banking meets decentralized innovation on one regulated, compliant, and trustless financial market place.</p> <p>A blockchain-based platform that is democratizing how wealth is created and shared, GRVT allows everyday people to trade, invest, and grow their wealth by providing direct access to top industry traders and investors.</p> <p>GRVT official website: <a href="https://grvt.io/" rel="nofollow noopener" target="_blank">https://grvt.io/</a><br /></br><br /></br>Social and Community: <a href="https://x.com/grvt_io" rel="nofollow noopener" target="_blank">X</a> | <a href="https://www.linkedin.com/company/grvt/" rel="nofollow noopener" target="_blank">LinkedIn</a> | <a href="http://t.me/grvt_io" rel="nofollow noopener" target="_blank">Telegram</a> | <a href="https://discord.com/invite/3jsVPwaGeB" rel="nofollow noopener" target="_blank">Discord</a></p> <p><b>About rhino.fi<br /></br></b>rhino.fi is a cross-chain bridge and liquidity network focused on high-speed and low-cost transfers of stablecoins between 35 different blockchains. rhino.fi has served <span class="xn-money">2.3m</span> customers, processed more than <span class="xn-money">$4bn</span> in transaction volume and has been invested in by Bitfinex/Tether and LightSpeed Venture Partners.</p> <p>rhino.fi official website: <a href="https://rhino.fi/" rel="nofollow noopener" target="_blank">https://rhino.fi/</a><br /></br><br /></br>Social and Community:<a href="https://x.com/rhinofi" rel="nofollow noopener" target="_blank"> </a><a href="https://x.com/rhinofi" rel="nofollow noopener" target="_blank">X</a> |<a href="https://www.linkedin.com/company/rhinofi/?viewAsMember=true" rel="nofollow noopener" target="_blank"> </a><a href="https://www.linkedin.com/company/rhinofi/?viewAsMember=true" rel="nofollow noopener" target="_blank">LinkedIn</a> |<a href="https://t.me/rhinofiannouncements" rel="nofollow noopener" target="_blank"> </a><a href="https://t.me/rhinofiannouncements" rel="nofollow noopener" target="_blank">Telegram</a></p> <p>Logo &#8211; <a href="https://mma.prnewswire.com/media/2575118/GRVT_Logo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2575118/GRVT_Logo.jpg</a> </p> <p id="PURL"><img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN14285&amp;sd=2025-06-19" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/grvt-hits-8b-total-trading-volume-partners-with-rhinofi-to-enhance-cross-chain-self-custodial-trading-302486315.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/grvt-hits-8b-total-trading-volume-partners-with-rhinofi-to-enhance-cross-chain-self-custodial-trading-302486315.html</a></p> <p><img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN14285&amp;Transmission_Id=202506190915PR_NEWS_EURO_ND__EN14285&amp;DateId=20250619" style="border:0px;width:1px;height:1px"></img></p> <p>Featured Image: depositphotos @ burdun</p> <p><a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a></p>
  28. IP Crypto Price Drops as Story Hype Fades

    Thu, 19 Jun 2025 18:06:53 -0000

    crypto investment fraud
    IP crypto price continues to fall after early hype wears off, with weak adoption, macro pressure, and profit-taking weighing on Story Protocol’s token. Why Is the IP Crypto Price Falling Today? After a promising launch and an explosive price rally, the IP crypto price tied to the Story Protocol is facing a sharp and sustained … Continue reading "IP Crypto Price Drops as Story Hype Fades"
    <figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/06/19910-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto investment fraud" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/06/19910-1.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/06/19910-1-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/06/19910-1-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p data-start="280" data-end="437">IP crypto price continues to fall after early hype wears off, with weak adoption, macro pressure, and profit-taking weighing on Story Protocol’s token.</p> <h2 data-start="439" data-end="486">Why Is the IP Crypto Price Falling Today?</h2> <p data-start="488" data-end="732">After a promising launch and an explosive price rally, the IP crypto price tied to the Story Protocol is facing a sharp and sustained decline. On June 19, the token fell another 8.74%, deepening a month-long drawdown of more than 35%.</p> <p data-start="734" data-end="991">From its all-time high of $7.33 just weeks after launch, IP has now lost about 65% of its value, trading under $2.60. What began as a breakout altcoin success story is quickly turning into a cautionary tale of early hype fading amid weak fundamentals.</p> <h2 data-start="993" data-end="1049">Broader Market Conditions Are Weighing on Altcoins</h2> <p data-start="1051" data-end="1436">The entire crypto market has experienced turbulence over the past month, largely due to macroeconomic uncertainty and geopolitical tensions, particularly the ongoing Iran-Israel conflict. While Bitcoin (BTC) and Ethereum (ETH) have held relatively steady—down 1.2% and up 0.49% respectively during the same period—smaller altcoins like IP have taken a bigger hit.</p> <p data-start="1438" data-end="1673">According to CoinMarketCap, altcoin dominance (excluding ETH) has plummeted in June, falling from 27.2% to just 2.6%. Meanwhile, Bitcoin’s market dominance has risen, signaling a clear flight to safety among crypto investors.</p> <p data-start="1675" data-end="1845">With risk appetite shrinking, speculative tokens are among the first to be sold off. The IP crypto price, once buoyed by launch euphoria, is now a victim of that shift.</p> <h2 data-start="1847" data-end="1881">The Launch Hype Has Worn Off</h2> <p data-start="1883" data-end="2165">It’s not unusual for new tokens to see massive gains in the days following a debut, especially if backed by major investors. Story Protocol launched with strong support from notable names like a16z and Samsung Next, raising $140 million ahead of its token release.</p> <p data-start="2167" data-end="2442">Its core mission—to bring the $61 billion intellectual property market on-chain—struck a chord with the Web3 community. The protocol allows creators to register content, tokenize it, and set custom licensing rules, opening the door to decentralized monetization models.</p> <p data-start="2444" data-end="2504">But early excitement isn’t translating into sustained use.</p> <h2 data-start="2506" data-end="2553">Weak Fundamentals Undermine Price Support</h2> <p data-start="2555" data-end="2851">Despite bold promises, on-chain data paints a worrying picture. According to DeFiLlama, the Story Protocol&#8217;s total value locked (TVL) has dropped to just $11.25 million. Daily chain fees and app revenue are negligible, signaling minimal user engagement and a sluggish ecosystem.</p> <p data-start="2853" data-end="2987">Without significant traction in its user base or applications, the IP crypto price is left exposed to volatility and investor exits.</p> <p data-start="2989" data-end="3117">Simply put, if people aren’t using the platform, the token has limited utility—and that’s reflected in its recent performance.</p> <h2 data-start="3119" data-end="3164">What Needs to Happen for IP to Recover?</h2> <p data-start="3166" data-end="3431">For the IP crypto price to stabilize or regain upward momentum, Story Protocol must attract real adoption. This means onboarding more creators, developers, and consumers who actively engage with the platform’s tools for content registration and licensing.</p> <p data-start="3433" data-end="3607">It will also require better integration into existing content ecosystems, partnerships with media or publishing companies, and clearer value propositions for token holders.</p> <p data-start="3609" data-end="3741">Until those developments materialize, the token will likely remain under pressure, especially in a market that’s leaning risk-off.</p> <h2 data-start="3743" data-end="3792">Final Thoughts: Story Protocol’s Road Ahead</h2> <p data-start="3794" data-end="4055">The fall in IP <a href="https://cryptocurrencynews.com/investing-news/stock-market-greed-boosts-crypto-prices-in-2025/">crypto price </a>is a clear reminder that investor hype alone cannot sustain a token’s value. While Story Protocol’s mission is ambitious and well-funded, it faces the same fundamental challenge as most blockchain projects: real-world adoption.</p> <p data-start="4057" data-end="4306">If the team can deliver on its vision of bringing intellectual property on-chain—and build a thriving user base around it—there’s potential for a turnaround. But for now, the market is demanding more than just a flashy launch and big-name backing.</p> <p data-start="4308" data-end="4451" data-is-last-node="" data-is-only-node="">As investors shift their focus toward utility and execution, the Story behind IP will need more than good intentions to earn back market trust.</p> <p><em>Featured Image: Freepik</em></p> <p><a href="https://cryptocurrencynews.com/disclaimer">Please See Disclaimer</a></p>
  29. Trump Crypto Project Faces Silent Retreat

    Thu, 19 Jun 2025 18:01:38 -0000

    trump crypto investment
    The Trump crypto project is losing steam as the family quietly reduces its stake in World Liberty Financial, raising fresh doubts about its long-term vision. Trump’s Crypto Move: A Quiet Exit Signals Uncertainty World Liberty Financial, the flashy crypto venture tied to the Trump family, is raising eyebrows again—but not for the usual reasons. A … Continue reading "Trump Crypto Project Faces Silent Retreat"
    <figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/07/152702-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="trump crypto investment" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/07/152702-1.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/152702-1-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/152702-1-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p data-start="295" data-end="458">The Trump crypto project is losing steam as the family quietly reduces its stake in World Liberty Financial, raising fresh doubts about its long-term vision.</p> <h2 data-start="460" data-end="519">Trump&#8217;s Crypto Move: A Quiet Exit Signals Uncertainty</h2> <p data-start="521" data-end="863">World Liberty Financial, the flashy crypto venture tied to the Trump family, is raising eyebrows again—but not for the usual reasons. A new Forbes report published June 19 reveals that the Trump family has reduced its ownership stake from 60% to 40%, marking a sharp but stealthy shift in the controversial Trump crypto project.</p> <p data-start="865" data-end="1154">The most striking part? The move happened without a press release, public filing, or even a whisper from company insiders. That’s unusual for a project that loudly promised a “financial revolution” and claimed to offer a government-friendly alternative to decentralized cryptocurrencies.</p> <p data-start="1156" data-end="1455">The entity overseeing this project, <strong data-start="1192" data-end="1213">DT Marks DEFI LLC</strong>, is reportedly controlled by former President <strong data-start="1260" data-end="1276">Donald Trump</strong> and his sons. The LLC had already sold part of its position earlier in 2025, but this latest move suggests the family is continuing to quietly distance itself from the project.</p> <h2 data-start="1457" data-end="1518">World Liberty Financial: Big Promises, Bigger Questions</h2> <p data-start="1520" data-end="1901">Billed as a hybrid between a stablecoin and a digital dollar, World Liberty Financial launched earlier this year amid heavy marketing and strong retail demand. The company promised a regulated, centralized platform to make crypto safe for average Americans—a message that resonated with conservative-leaning investors frustrated with the perceived chaos of decentralized finance.</p> <p data-start="1903" data-end="2054">Despite these promises, the Trump crypto project has been dogged by concerns over transparency, regulatory scrutiny, and the lack of a clear roadmap.</p> <p data-start="2056" data-end="2251">Initial excitement around the token’s debut drove prices higher, but the lack of ongoing communication from leadership—especially from the Trump family—has started to erode investor confidence.</p> <h2 data-start="2253" data-end="2295">A Silent Exit Amid a Stablecoin Boom</h2> <p data-start="2297" data-end="2603">The timing of the family’s stake reduction is curious. <a href="https://www.investopedia.com/terms/s/stablecoin.asp" target="_blank" rel="noopener">Stablecoins</a> are enjoying renewed interest, with demand climbing in both U.S. and international markets. Several pro-crypto bills are advancing in Congress, and many believe the U.S. will eventually issue its own central bank digital currency (CBDC).</p> <p data-start="2605" data-end="2660">So why is the Trump crypto project stepping back now?</p> <p data-start="2662" data-end="2954">Some analysts suggest the family may be trying to lock in profits while avoiding future legal or political risks. Given Trump’s renewed campaign for the 2024 election cycle and increasing scrutiny from regulators, reducing exposure to a controversial crypto venture may be a strategic move.</p> <p data-start="2956" data-end="3154">Others point to the possibility that the project’s internal performance has fallen short of expectations, with fewer institutional partnerships and slower user adoption than originally forecasted.</p> <h2 data-start="3156" data-end="3201">Trump and Crypto: A Complicated History</h2> <p data-start="3203" data-end="3500">This isn’t the first time Trump’s crypto ties have drawn attention. While in office, he famously called Bitcoin a scam and dismissed decentralized currencies. Yet in recent years, Trump has become more open to crypto, particularly if it’s centralized, regulated, and aligned with U.S. interests.</p> <p data-start="3502" data-end="3738">World Liberty Financial was pitched as a way to achieve just that—a uniquely “American” approach to crypto. The family’s deep involvement in the early stages added a layer of political weight and legitimacy, at least among supporters.</p> <p data-start="3740" data-end="3898">But with the recent reduction in ownership and growing silence from the project’s frontmen, the future of this Trump crypto project seems uncertain at best.</p> <h2 data-start="3900" data-end="3950">Final Thoughts: Should Investors Be Worried?</h2> <p data-start="3952" data-end="4201">For retail investors still holding World Liberty tokens, the Trump family’s quiet exit may be a red flag. While a 40% stake still leaves them with significant influence, the direction of the project—and its long-term viability—are now in question.</p> <p data-start="4203" data-end="4483">The broader crypto market remains resilient, with major players like Coinbase (NASDAQ:COIN) and Tesla (NASDAQ:TSLA) continuing to engage with digital assets. However, speculative projects without clear backing or transparency—like this one—could face rough waters ahead.</p> <p data-start="4485" data-end="4681" data-is-last-node="" data-is-only-node="">If the <a href="https://cryptocurrencynews.com/market-news/trump-cryptocurrency-scandal-fuels-foreign-influence/">Trump</a> crypto project is indeed losing its founding champions, investors may need to reassess its future potential, especially as the political landscape heats up ahead of the 2024 election.</p> <p><i>Featured Image: Freepik</i></p> <p><a href="https://cryptocurrencynews.com/disclaimer" target="_blank" rel="noopener">Please See Disclaimer</a></p>
  30. KuCoin Joins BitGo Singapore’s Go Network for Off-Exchange Settlement, Reinforcing $2 Billion Trust Project

    Thu, 19 Jun 2025 16:19:07 -0000

    VICTORIA, Seychelles, June 19, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange with over 41 million users, today announced its integration and exchange partnership with BitGo Singapore Pte. Ltd. (“BitGo Singapore”), a subsidiary of BitGo, Inc., through its Go Network for Off-Exchange Settlement (OES) platform. This collaboration marks another significant step in KuCoin’s $2 … Continue reading "KuCoin Joins BitGo Singapore’s Go Network for Off-Exchange Settlement, Reinforcing $2 Billion Trust Project"
    <figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/06/6c1684d905f04a421d5f1c0689e55743.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/06/6c1684d905f04a421d5f1c0689e55743.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/6c1684d905f04a421d5f1c0689e55743-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/6c1684d905f04a421d5f1c0689e55743-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/06/6c1684d905f04a421d5f1c0689e55743-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><p><span class="legendSpanClass"><span class="xn-location">VICTORIA</span>, <span class="xn-location">Seychelles</span></span>, <span class="legendSpanClass"><span class="xn-chron">June 19, 2025</span></span> /PRNewswire/ &#8212; KuCoin, a leading global <span>cryptocurrency</span> exchange with over 41 million users, today announced its integration and exchange partnership with BitGo Singapore Pte. Ltd. (&#8220;BitGo Singapore&#8221;), a subsidiary of BitGo, Inc., through its Go Network for Off-Exchange Settlement (OES) platform. This collaboration marks another significant step in KuCoin&#8217;s <span class="xn-money">$2 Billion</span> &#8220;Trust Project&#8221; designed to strengthen platform security and institutional trust.</p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p> <a href="https://mma.prnewswire.com/media/2713600/KuCoin.html" rel="nofollow noopener" target="_blank"><br /> <img decoding="async" alt="" src="https://mma.prnewswire.com/media/2713600/KuCoin.jpg" title=""></img><br /> </a> </p> </p></div> <p>Through this integration, institutional clients on KuCoin can now trade without pre-funding exchange wallets. Assets remain securely held in regulated custody under BitGo Singapore, a licensed Major Payment Institution under the Monetary Authority of <span class="xn-location">Singapore</span> (MAS). This setup offers a mature and proven model of custody and execution separation, diversifying counterparty and systemic risks while enhancing operational security.</p> <p>Institutional clients trading on KuCoin now benefit from a comprehensive suite of features designed to enhance security, compliance, and flexibility in the digital asset space. Clients benefit from qualified custody with insurance coverage up to <span class="xn-money">$250 million</span>, automated post-trade settlement, and full asset control with delegated trading access. KuCoin&#8217;s full suite of products—spot, margin, options, and perpetual futures—can now be accessed through Go Network, ensuring assets remain protected.</p> <p><span class="xn-person">Tika Lum</span>, Head of Institutional Business Development at KuCoin, commented:</p> <p>&#8220;<i>Security and trust are the foundation for institutional adoption. We are proud to integrate with BitGo Singapore&#8217;s Go Network. This partnership represents a critical component of our <span class="xn-money">$2 Billion</span> Trust Project and delivers a more resilient trading paradigm to institutional clients globally.</i>&#8220;</p> <p><span class="xn-person">Brett Reeves</span>, Head of Go Network at BitGo, added:</p> <p>&#8220;<i>Partnering with KuCoin on Go Network through BitGo Singapore marks a major step forward in building a more efficient trading ecosystem. This is how digital asset trading should be—secure, compliant, and built on trust.</i>&#8220;</p> <p>As off-exchange settlement gains traction across the industry, KuCoin will continue to work with global leaders in compliance and custody to build a more secure and trustworthy digital asset trading environment.</p> <p><b>About KuCoin</b></p> <p>Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and exceptional user experience. With a connected user base exceeding 41 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.</p> <p>KuCoin has garnered accolades such as &#8220;Best <span>Crypto</span> Apps &amp; Exchanges&#8221; by Forbes and has been recognized among the &#8220;Top 50 Global Unicorns&#8221; by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. <span id="spanHghlt9043">Learn more at: <a href="https://www.kucoin.com/" rel="nofollow noopener" target="_blank">www.kucoin.com</a></span></p> <p><b>About BitGo</b></p> <p>BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a large global presence through multiple regulated entities, BitGo serves thousands of institutions, including many of the industry&#8217;s top brands, exchanges, and platforms, as well as millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of <span>Bitcoin</span> network transactions and is the largest independent digital asset custodian, and staking provider, in the world.BitGo Singapore is licensed as a Major Payment Institution by the Monetary Authority of <span class="xn-location">Singapore</span> (MAS). For more information, visit <a href="http://www.bitgo.com/" rel="nofollow noopener" target="_blank">www.bitgo.com</a></p> <p><span id="spanHghlt0abd"></span></p> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder2"> <p> <a href="https://mma.prnewswire.com/media/2641815/KuCoin_Horizontal_Green_LOGO_Logo.html" rel="nofollow noopener" target="_blank"><br /> <img decoding="async" alt="(PRNewsfoto/KuCoin)" src="https://mma.prnewswire.com/media/2641815/KuCoin_Horizontal_Green_LOGO_Logo.jpg" title="(PRNewsfoto/KuCoin)"></img><br /> </a> </p> </div> <p id="PURL"><img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=CN13162&amp;sd=2025-06-19" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/kucoin-joins-bitgo-singapores-go-network-for-off-exchange-settlement-reinforcing-2-billion-trust-project-302485995.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/kucoin-joins-bitgo-singapores-go-network-for-off-exchange-settlement-reinforcing-2-billion-trust-project-302485995.html</a></p> <p>SOURCE KuCoin</p> <p><img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=CN13162&amp;Transmission_Id=202506190300PR_NEWS_USPR_____CN13162&amp;DateId=20250619" style="border:0px;width:1px;height:1px"></img></p> <p>Featured Image: depositphotos @ alphababy</p> <p><a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a></p>
  31. Trader Predicts Bitcoin Could Hit $250,000 by End of 2025

    Sat, 05 Jul 2025 16:50:49 -0000

    Trader Predicts Bitcoin Could Hit $250,000 by End of 2025A prominent crypto trader argues bitcoin is positioned to surge to $250,000 before the end of 2025, citing unique market dynamics and historical patterns. Analyst Sees Path for Bitcoin to Reach $250K This Cycle Michaël van de Poppe bases this bullish outlook on bitcoin’s current consolidation near $100,000, which he sees mirroring extended pauses before […]
  32. Bitcoin Hashrate Revs up 88 EH/S Since the Low as Miners Race Toward Profitability

    Sat, 05 Jul 2025 15:45:51 -0000

    Bitcoin Hashrate Revs up 88 EH/S Since the Low as Miners Race Toward ProfitabilityBitcoin’s hashrate has picked up speed, adding 88 exahash per second (EH/s) over the past 11 days after falling to 810 EH/s on June 24. Meanwhile, miners are enjoying an 11.62% increase in profitability compared to a month ago. From Slump to Sprint: Bitcoin Hashrate Rockets Back, Profits Surge Since bottoming out on June 24, […]
  33. XRP Price Watch: Chart Patterns Hint at Volatile Swing – Brace for Impact

    Sat, 05 Jul 2025 14:47:57 -0000

    XRP Price Watch: Chart Patterns Hint at Volatile Swing – Brace for ImpactXRP is trading at $2.22 on Saturday, July 5, with a market capitalization of $131 billion. The digital asset recorded a 24-hour trading volume of $1.33 billion, fluctuating within an intraday range of $2.20 to $2.24, while the weekly range stands at $2.17 to $2.30. XRP On the 1-hour chart, XRP is exhibiting a clear […]
  34. Silent Climb: Stablecoin Market Inches Toward $260B Breakout

    Sat, 05 Jul 2025 13:30:55 -0000

    Silent Climb: Stablecoin Market Inches Toward $260B BreakoutAlthough bitcoin has seen its fair share of price swings this week, the stablecoin market has quietly ballooned by $2.114 billion—edging ever closer to the $260 billion milestone. USDT Leads the Charge as Stablecoins Creep Toward $260B Summit Over the last seven days, the stablecoin market has climbed 0.84%, ticking up from $253.25 billion to […]
  35. Bitcoin Price Watch: Calm Before the Storm—Could Bitcoin Shatter the $111K Ceiling This Week?

    Sat, 05 Jul 2025 12:00:00 -0000

    Bitcoin Price Watch: Calm Before the Storm—Could Bitcoin Shatter the $111K Ceiling This Week?Bitcoin price closed at $108,199 on July 5, 2025, positioning the asset within a tight intraday range of $107,386 to $109,117. With a market capitalization of $2.151 trillion and a 24-hour trading volume of $21.145 billion, bitcoin continues to consolidate under key resistance amid muted directional conviction. Bitcoin On the 1-hour chart, bitcoin displayed a […]
  36. Top 15 Bitcoin Cycling Betting Sites for the 2025 Tour de France [Bonuses, Odds & Features Compared]

    Sat, 05 Jul 2025 10:03:05 -0000

    Best Tour de France Betting Sites July 20255Bet on the 2025 Tour de France with Bitcoin. Compare the best crypto cycling betting sites for odds, bonuses & features. Updated July 5th, 2025. Bet on the Tour de France with the Best Bitcoin Sportsbooks With extensive expertise in cryptocurrency products and services, Bitcoin.com is your premier source for reliable comparisons of cycling betting […]
  37. Amber International Raises $25.5M to Boost $100M Crypto Reserve

    Sat, 05 Jul 2025 06:30:48 -0000

    Amber International Raises $25.5M to Boost $100M Crypto ReserveSingapore-based Amber International Holding Limited (Nasdaq: AMBR) has raised $25.5 million in a private placement to enhance its $100 million Crypto Ecosystem Reserve Strategy. Amber International Funds BTC, ETH, SOL Purchases with New Capital According to the announcement filed with the U.S. Securities and Exchange Commission (SEC), institutional investors, including CMAG Funds, Mile Green, Pantera […]
  38. WLFI Token Could Soon Be Tradable—Early Supporters Set for Partial Unlock

    Sat, 05 Jul 2025 03:30:11 -0000

    WLFI Token Could Soon Be Tradable—Early Supporters Set for Partial UnlockThe Trump-linked World Liberty Financial has proposed making its WLFI token tradable to enhance community participation and access. Approval of the Proposal Would Make WLFI Transferable World Liberty Financial, the decentralized finance (DeFi) company associated with the Trump family, has officially floated a proposal to make its WLFI token tradable. The DeFi company asserts that […]
  39. BCH-Based Stablecoin Protocol Moria Passes Security Audit With Flying Colors

    Sat, 05 Jul 2025 01:30:30 -0000

    BCH-Based Stablecoin Protocol Moria Passes Security Audit With Flying ColorsMoria, a BCH-based stablecoin issuance protocol, has been successfully audited by Hashlock, a Web3 security and smart contract auditing company. The audit found the code powering the stablecoin platform was “secure, logically ordered, and constructed with clear intent.” BCH Stablecoin Issuance Protocol Moria Passes Security Audit Moria, a BCH-based stablecoin issuance protocol, has passed a […]
  40. Ethereum Options Show Bullish Bias Despite Surge in Put Trading Volume

    Sat, 05 Jul 2025 00:09:13 -0000

    Ethereum Options Show Bullish Bias Despite Surge in Put Trading VolumeEthereum futures open interest (OI) held near $33 billion despite minor declines, while options traders showed strong interest in late-2025 bullish contracts. CME and Binance Anchor $33 Billion Ethereum Futures Landscape Ethereum futures essentially allow speculation on ETH’s future price without owning the asset outright. Current OI, reflecting active contracts’ total value, stood at $33.09 […]