EthereumBeginnerThe Ethereum Foundation is stepping up its financial game with a clearer and more transparent treasury policy that links its spending and cash needs directly to its Ether holdings and sales. This decision is intended to bolster the Foundation’s financial stability as it prepares for a vital 18…
#aave#crypto#stablecoins
GeneralBeginnerA 35-year-old man from Ukraine’s Poltava region has been arrested for orchestrating a large-scale cryptojacking scheme, according to a June 4 statement by Ukraine’s National Police cyber division. Authorities say the suspect illegally accessed over 5,000 customer accounts of a global hosting…
#court#hackers#mining
BitcoinBeginnerU.S. Securities and Exchange Commission (SEC) Chair Paul Atkins has announced a shift in the agency’s approach to cryptocurrency regulation. In a recent Senate subcommittee meeting, Atkins emphasized that the SEC would move away from “regulation by enforcement” and instead adopt a “notice and…
#crypto#grayscale#sec
GeneralBeginnerThe recent announcement of a Trump-branded crypto wallet has ignited confusion and controversy within the cryptocurrency community and the Trump family. Both said that on June 3, Magic Eden, a prominent NFT marketplace, and the team behind the $TRUMP memecoin unveiled plans for the “Official…
#crypto#donald-trump#memecoin
EthereumBeginnerThe Ethereum Foundation has announced a significant restructuring of its core development team, aiming to streamline operations and sharpen focus on key strategic objectives. The former Protocol Research & Development (PR&D) team has been rebranded simply as “Protocol,” with a renewed emphasis on…
#crypto#layer-2#vitalik-buterin
BitcoinBeginnerAustralia is tightening its grip on cryptocurrency ATMs in response to a surge in scams targeting older citizens. The Australian Transaction Reports and Analysis Centre (AUSTRAC) has introduced an AU$ $5,000 (approximately US$3,250) limit on cash deposits and withdrawals at crypto ATMs. This move…
#altcoin#atm#australia
EthereumBeginnerTaiwan-based cryptocurrency exchange BitoPro experienced a significant security breach, resulting in the loss of over $11.5 million from its hot wallets across Ethereum, Tron, Solana, and Polygon networks. The incident came to light weeks later, when blockchain investigator ZachXBT highlighted…
#altcoin#crypto#defi
HyperliquidBeginnerJames Wynn, a prominent trader on the Hyperliquid platform, has experienced a significant financial setback after his substantial Bitcoin (BTC) long positions were liquidated. On May 30, as Bitcoin’s price dipped below $105,000, Wynn’s leveraged positions totaling 949 BTC were forcibly closed,…
#crypto
BitcoinBeginnerThe U.S. Treasury’s Office of Foreign Assets Control (OFAC) has said sanctions on Funnull Technology Inc., a Philippines-based tech firm, and its alleged administrator, Chinese national Liu Lizhi. The firm is accused of providing critical infrastructure to thousands of fraudulent crypto websites,…
#crypto#scam#united-states
BitcoinBeginnerNew York City Mayor Eric Adams is intensifying his push to make the city a global hub for cryptocurrency. Speaking at the Bitcoin 2025 conference, Adams announced plans to introduce a municipal bond backed by Bitcoin, dubbed a “Bitbond.” This financial instrument aims to provide Bitcoin holders…
#crypto#government#new-york
EthereumBeginnerThe Katana Foundation has launched its private mainnet, aiming to address the persistent issue of liquidity fragmentation. Backed by GSR Markets and Polygon Labs, Katana’s initiative seeks to enhance yield opportunities for users by creating a more cohesive and efficient DeFi ecosystem. Liquidity…
#altcoin#crypto#defi
BitcoinBeginnerNorwegian crypto brokerage K33 has announced the successful raising of 60 million Swedish krona (approximately $6.2 million) to establish a Bitcoin treasury. The funds, secured through a mix of interest-free convertible loans and a new issuance of shares and warrants, are earmarked entirely for…
#crypto#european#finance