Crypto

President Trump held a crypto gala dinner for the top holders of his meme coin last month, now they’re receiving NFTs.

The Crocodilus banking trojan is expanding globally with new campaigns targeting crypto wallets and banking apps, now reaching Europe and South America. Android banking trojan Crocodilus has launched new campaigns targeting crypto users and banking customers across Europe and South America. First detected in March 2025, early Crocodilus samples were largely limited to Turkey, where the malware posed as online casino apps or spoofed bank apps to steal login credentials. Recent campaigns show it now hitting targets in Poland, Spain, Argentina, Brazil, Indonesia, India and the US, according to findings from ThreatFabric’s Mobile Threat Intelligence (MTI) team. Read more

Tether and Bitfinex moved $3.9 billion in Bitcoin to Jack Mallers’ Twenty One Capital, now the third-largest corporate BTC holder after Strategy and MARA. Tether has moved a combined 37,229.69 Bitcoin, worth about $3.9 billion, to addresses linked to the new Bitcoin-native financial platform, Twenty One Capital, led by Strike CEO Jack Mallers. Tether CEO Paolo Ardoino posted two transfers totaling 11,417 BTC ($1.2 billion) according to a June 3 X post. In one transaction, the stablecoin issuer transferred 10,500 Bitcoin (BTC) (about $1.1 billion) to an address linked to SoftBank’s investment option in Twenty One. The executive said it was part of the pre-funding of SoftBank’s investment in the Bitcoin platform. Read more

Ethereum continues to trade within a tight range after a strong rally in May, facing resistance near the $2,800 mark. Despite holding its recent gains, the price has struggled to break higher, leaving traders cautious amid mixed signals. As both momentum and positioning build, the market seems primed for a decisive move. Technical Analysis By […]

A Coinbase insider scandal exposed 70,000 users’ personal data, triggering debates on rethinking crypto’s KYC systems. Coinbase’s recent data breach is prompting renewed calls to remove Know Your Customer (KYC) requirements in licensed cryptocurrency exchanges. Illicit actors bribed the exchange’s overseas customer service agents in December 2024 to gain access to the personal information of 70,000 users. In May, Coinbase admitted that hackers had obtained data such as government-issued ID photos and home addresses. “All this security theater needs to be abolished asap. Time and again it only benefits hackers and extortionists,” said pseudonymous developer Banteg on X. “KYC actually enables crime.” Read more

Norwegian Block Exchange (NBX) shares surged over 138% in a single day after the Oslo-based crypto exchange revealed it had begun adding Bitcoin to its treasury. The post Norway’s NBX Stock Rockets 138% After Surprise Bitcoin Treasury Buy — What’s Next for the BTC Price? appeared first on Cryptonews.

Bitcoin hovers around $105,000, but bulls struggle with upside momentum as $100,000 comes into the picture. Key takeaways: Bitcoin price consolidates around $105,000 as liquidity builds up on either side of the spot price. After failing to flip $106,000, BTC/USD is retracing to establish support, but $100,000 is a key level of interest for Bitcoin traders. Read more

Wynn has asked the crypto community for donations to help him fight the “market-making cabal” that he says is hunting for his liquidation. Multimillionaire cryptocurrency trader James Wynn has opened a second leveraged Bitcoin position for nearly $100 million, just days after being liquidated from a similar trade. According to blockchain data aggregator Hypurrscan, the position is set to be liquidated if Bitcoin (BTC) falls below $103,630 and is currently showing an unrealized loss of over $592,000. The trade comes less than a week after Wynn’s previous $100 million position was liquidated on May 30, when BTC briefly dipped below a 10-day low of $105,000. Read more

The FDA Commissioner said the agency-wide rollout beat its original June 30 deadline and came in under budget.

After buying 32,000 BlackBerry patents, Malikie Innovations sued Bitcoin miners Marathon Digital and Core Scientific over alleged use of its intellectual property. Malikie Innovations, a firm that acquired tens of thousands of patents from BlackBerry in 2023, has sued major Bitcoin mining firms Marathon Digital and Core Scientific for using the Elliptic Curve Cryptography (ECC) employed by the Bitcoin blockchain, which it claims to own. The cases against Marathon Digital Holdings and Core Scientific follow Malikie Innovations’ acquisition of 32,000 “non-core” patents from the communications company and former phone maker, BlackBerry, in 2023. “This case centers on ground-breaking innovations in elliptic curve cryptography […] that years later were recognized and selected by the designers of Bitcoin,” the filings state. Read more

Texas Representative Brandon Gill faces scrutiny after filing late disclosures for $500,000 in Bitcoin trades, as questions over timing and STOCK Act violations arise. Texas Republican Representative Brandon Gill is facing scrutiny after filing late disclosures for up to $500,000 in Bitcoin purchases, potentially violating federal law. Gill, a first-term House member known for his bill proposing President Donald Trump’s face on the $100 bill, has reported two Bitcoin (BTC) purchases, each valued between $100,001 and $250,000, made on Jan. 29 and Feb. 27. Both trades were disclosed weeks past the 45-day deadline required by the Stop Trading on Congressional Knowledge (STOCK) Act, a law aimed at curbing insider trading and financial conflicts among lawmakers, as first reported by OpenSecrets. Read more

Paris-based Blockchain Group acquired $68 million in Bitcoin, bringing its total holdings to 1,471 BTC amid rising institutional interest in crypto treasury strategies. Paris-based cryptocurrency firm Blockchain Group has acquired $68 million of Bitcoin, joining a growing wave of European institutions adding BTC to their balance sheets. The Blockchain Group, which claims to be Europe’s first Bitcoin treasury firm, has acquired 624 Bitcoin (BTC) for 60.2 million euros ($68.7 million). The latest acquisition brings the firm’s total holdings to 1,471 Bitcoin, or over $154 million, with a BTC yield of 1,097.6% YTD, the Blockchain Group announced in a June 3 X post.  Read more

Ripple’s RLUSD stablecoin will support the Dubai Land Department’s blockchain initiative to tokenize real estate title deeds on the XRP Ledger. The Dubai Financial Services Authority (DFSA), the financial regulator in charge of the Dubai International Financial Centre (DIFC), has approved Ripple’s RLUSD stablecoin.  Following the approval, DIFC companies can now use the RLUSD stablecoin for various virtual asset services. These may include payments, treasury management and services. The DIFC is a free economic zone and financial district that serves companies throughout the Middle East, Africa and South Asia. The financial zone had nearly 7,000 registered businesses by the end of 2024. Read more

BCP Technologies CEO says its new pound-backed stablecoin tGBP might be considered a “live proof-of-concept for future FCA stablecoin regulation.” BCP Technologies, a United Kingdom-registered cryptocurrency firm, has launched a new British pound-backed stablecoin. The company revealed the rollout of its Tokenised GBP (tGBP) stablecoin in an announcement shared with Cointelegraph on June 3. TGBP is now live on BCP Technologies-operated crypto trading platform, BCP Markets, and is available to customers who pass Know Your Customer checks, with major exchanges expected to list tGBP in the coming weeks. Read more

Fading Solana hype and rising institutional inflows are boosting Ether's fundamental strength. Key takeaways: A gold-like five-point breakout structure is making a strong case for an Ether price boom. Ether is also repeating its 2016–2017 fractal and could rally to $5,000–$6,000 if the pattern holds. Read more

Revolut’s new job listing reveals plans to build a crypto derivatives business from scratch, leveraging its 50 million-strong global customer base. Update (June 3, 2025, 11:45 am UTC): This article has been updated to include comments from Revolut. Fintech giant Revolut appears to be gearing up for a move into the crypto derivatives market as a new job posting hints at plans to build the business from scratch. A recent listing for a “General Manager (Crypto Derivatives)” role shows that Revolut is actively recruiting in London, Barcelona and Dubai. The position would oversee the end-to-end launch of the derivatives platform, from product architecture and trading infrastructure to regulatory compliance and commercial strategy. Read more

ConSensys has acquired Web3Auth, which it says will help it improve the user experience for its popular MetaMask crypto wallet. ConSensys has acquired the crypto wallet infrastructure provider Web3Auth, which it says will bolster the user experience for its popular crypto wallet offering MetaMask. ConSensys said in a June 2 blog post that the acquisition, which it did not share further details on, “will greatly improve MetaMask user experience by addressing one of the biggest risks in self-custody today: seed phrase management.” It claimed that 35% of crypto wallet users are at risk of losing their funds as they do not keep a backup of their seed phrase — a string of up to 24 words that allows full access and control of a wallet. Read more

The foundation's new "Protocol" division focuses on immediate scaling goals, while some researchers are set to leave the organization.

The Australian regulator has refused one crypto ATM provider’s license and imposed transaction caps across the sector.

Rep. Brandon Gill disclosed two sizable Bitcoin trades months past the legal deadline, raising fresh scrutiny of crypto-investing lawmakers.