New Zealander Julia DeLuney is accused of murdering her mother, Helen Gregory, after allegedly stealing tens of thousands of dollars in hidden cash to invest in cryptocurrency. New Zealander Julia DeLuney is accused of having murdered her 79-year-old mother, Helen Gregory, after funneling her money into crypto. According to a Tuesday report by Radio New Zealand, 53-year-old DeLuney is accused of killing her mother after stealing the money that she kept hidden in her home. Gregory reportedly distrusted banks and instead kept plastic packets hidden around the house. When Gregory was hospitalized after a fall in September 2023, DeLuney and her husband allegedly stayed at her house. The elder’s friends told the court that upon her return, she found the home in a poor state and noticed that money was missing. Read more
XRP saw profit booking at $3 but steady buying by large investors suggests the rally could send the altcoin’s price to $4. Key point: Whales continue to buy XRP, creating a steady tailwind on the altcoin’s price. XRP (XRP) broke out from its long-term range on Friday and soared to $3.03 on Monday. XRP has since given back some of its gains, indicating profit-booking at higher levels. Read more
The California Breakthrough Project held its first meeting at Ripple’s San Francisco headquarters, according to journalist Eleanor Terrett. California Governor Gavin Newsom has launched a new government efficiency task force that includes representatives from various crypto firms, potentially signaling the state’s recognition that blockchain technology could enhance public services. The task force, dubbed California Breakthrough Project, has tapped executives from Ripple, Coinbase, MoonPay and others to “advise and advance government efficiency and collaboration,” journalist Eleanor Terrett reported Tuesday. According to Terrett, the task force held its inaugural meeting at Ripple’s San Francisco headquarters on June 6. It aims to foster collaboration between California regulators and industry leaders across the technology and business sectors, address government inefficiencies and boost transparency around public services. Read more
As Bitcoin treasury bets stumble in 2025, Strategy thrives with disciplined capital, mNAV premiums and long-term focus. By 2025, the Bitcoin treasury model has reached critical mass. Over 250 organizations, including public companies, private firms, ETFs and pension funds, now hold BTC on their balance sheets. The Bitcoin (BTC) treasury model trend was ignited by Michael Saylor’s Bitcoin plan, with Strategy pioneering the use of Bitcoin as a corporate reserve asset in 2020. Read more
With investigations from two major US agencies now reportedly closed, Polymarket has reached a critical regulatory milestone ahead of its $200 million funding round. The United States Department of Justice and the Commodity Futures Trading Commission (CFTC) have reportedly closed their investigations into online betting platform Polymarket after several months. According to a Bloomberg report on Tuesday, authorities ended investigations into Polymarket to investigate whether the platform was accepting trades from US-based users. The investigation reportedly ramped up after the 2024 US elections, when many Polymarket users were betting on the outcome of races. The company reached a $1.4 million settlement with the CFTC in 2022. Amid the reported investigations in November 2024, the Federal Bureau of Investigation (FBI) raided the home of Polymarket CEO Shayne Coplan, confiscating his electronic devices. Read more