Cointelegraph.com
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Cointelegraph.com - 15:00 Jun 09, 2025
Crypto ETFs have attracted billions in inflows and mainstream attention, but they undermine crypto’s core values of decentralization, self-custody and financial empowerment. Opinion by: Agne Linge, head of growth at WeFi Decentralized finance (DeFi) disrupting and outcompeting TradFi has long been the dream of many innovators in the crypto field. Some of them lauded the over $40 billion in net inflows to spot Bitcoin (BTC) exchange-traded funds (ETFs) — recorded in the US since last January’s regulatory drama — as a final victory for the industry. While that indicates an increasing number of investors are interested in crypto and treat it as a legitimate asset, a U-turn on its core principles of self-custody, permissionless access and borderless value transfer is a big win for the industry. Crypto-based ETFs are simply centralizing what was built to resist centralization. Read more -
Cointelegraph.com - 14:15 Jun 09, 2025
A crypto investor lost $2.6 million in hours, falling victim to a zero-value transfer scam, a type of address poisoning scam. On May 26, 2025, a crypto investor fell victim to a series of onchain phishing attacks. Crypto compliance firm Cyvers announced that the victim lost a total of $2.6 million worth of cryptocurrencies. It all started when the user sent 843,000 Tether USDt (USDT) to an address other than the intended recipient. Just three hours later, the user sent 1.75 million USDT more to the same address. The result: All of it was lost in hours. Read more -
Cointelegraph.com - 13:26 Jun 09, 2025
XRP traders say it has the potential to rally to $27 as ETF approval odds increase. Key takeaway: Analysts predict XRP could hit $20–$27 in 2025. XRP ETF approval odds jump to 98% on Polymarket. Read more -
Cointelegraph.com - 13:14 Jun 09, 2025
A multi-agency investigation traced illicit funds to a suspected $123 million crypto laundering operation hiding behind a security company. Australian authorities have charged four individuals following an 18-month investigation into a $190 million Australian dollar ($123 million) crypto laundering operation allegedly run through a cash-in-transit security company. The Australian Federal Police said they had frozen about $13.6 million worth of suspected criminal assets across the states of Queensland and New South Wales. The Queensland Joint Organized Crime Taskforce (QJOCT), comprising 70 officers from federal and state agencies, began the investigation in December 2023. It reportedly uncovered an operation that used an armored vehicle unit of a security business as a front to launder criminal proceeds into cryptocurrency. Read more -
Cointelegraph.com - 12:52 Jun 09, 2025
Strategy has acquired 1,045 Bitcoin for $110.2 million as part of its ongoing accumulation strategy, bringing total holdings to 582,000 BTC. Strategy has acquired $110.2 million worth of Bitcoin as the price trades near its all-time high level. According to a Monday US Securities and Exchange (SEC) filing, Strategy acquired 1,045 Bitcoin (BTC) at an average price of $105,426 per coin. The company now holds 582,000 BTC acquired for about $40.8 billion at an average price of around $70,086 per BTC. The announcement follows Strategy co-founder and executive chairman Michael Saylor hinting at the purchase on June 8. The buy marks the ninth consecutive week that Strategy has acquired Bitcoin. Read more -
Cointelegraph.com - 12:25 Jun 09, 2025
A new Ethereum privacy proposal suggests modular design and privacy tech can help the network align with EU GDPR rules while preserving decentralization. As the Ethereum ecosystem and its core principles evolve to address data privacy concerns, a new proposal recommends a modular compliance strategy as a path to reconcile public blockchains with the European Union’s General Data Protection Regulation (GDPR). On Monday, a proposal drafted by Ethereum community member Eugenio Reggianini suggested the use of modular architecture for effective data management and privacy. “By pushing personal data to the edges (wallets and DApps), using offchain storage with metadata-erasure, and splitting roles cryptographically, we can focus GDPR controller duties on a small set of entities, while the wider network becomes mere processors or falls out of scope,” Reggianini said. Read more -
Cointelegraph.com - 11:47 Jun 09, 2025
Kakao-backed blockchain Kaia joins South Korea’s stablecoin race as the tech giant’s payments app surges 30% on the stock market. Layer-1 blockchain Kaia has pledged to launch a South Korean won-based stablecoin following the Wednesday inauguration of President Lee Jae-myung, a left-leaning politician whose campaign included a series of crypto-friendly promises. Launching a won-based stablecoin is one of the crypto goals laid out during Lee’s campaign that set him apart from other crypto-friendly candidates. The issuance of stablecoins faces legal hurdles, as South Korea’s constitution grants exclusive authority over currency issuance to the central bank, the Bank of Korea. Read more -
Cointelegraph.com - 11:26 Jun 09, 2025
Kenya’s proposed 1.5% crypto transaction tax could disrupt Africa’s digital integration. As Kenya advances a 1.5% tax on every crypto transaction, the nation risks undermining its fintech leadership, driving startups and talent abroad. Opinion by: Chebet Kipingor, business operations manager at Busha As Kenya pushes forward with a revised 1.5% crypto transaction tax, it risks losing more than revenue — it could forfeit its regional fintech leadership, drive startups across borders, and fracture Africa’s digital economy before it can unify. Parliament is debating implementing the Digital Asset Tax (DAT) on every cryptocurrency transaction. While the intention to broaden the tax base is valid, the policy’s current form could deliver unintended consequences for Kenya and financial inclusion efforts across the continent. With over 450 million unbanked individuals in Africa, digital assets offer a real chance to leapfrog traditional infrastructure and extend financial services to underserved populations. This tax ... -
Cointelegraph.com - 10:32 Jun 09, 2025
Ether investment products saw $296 million in inflows last week despite a market slowdown, as investors await clarity from the US Fed’s June rate decision. Ether-based investment products led inflows among cryptocurrency-based investment products last week, despite an overall slowdown in investor activity as markets await clarity from the US Federal Reserve. Ether (ETH) exchange-traded products (ETPs) received $296 million of inflows last week, marking their best week since the 2024 election of US President Donald Trump, according to a Monday report from CoinShares. Ether-based investment products now make up over 10.5% of the total assets under management (AUM) of all crypto-based ETPs. Read more -
Cointelegraph.com - 10:28 Jun 09, 2025
Bitcoin analysts say BTC price could drop in the short term before initiating a rally to all-time highs above $140,000. Key takeaways: Bitcoin price may dip toward the $100,000-$104,000 range before new highs. CPI data on June 11 could trigger volatility, with higher inflation hurting Bitcoin. Read more -
Cointelegraph.com - 04:59 Jun 09, 2025
Benjamin Wallace has an amusingly direct way of trying to solve the identity of Bitcoin’s creator in his new book The Mysterious Mr Nakamoto. Benjamin Wallace has an amusingly direct way of trying to solve the identity of Bitcoins creator in his new book The Mysterious Mr Nakamoto. He just asks every possible candidate: Are you Satoshi Nakamoto? I still didn’t rule out the possibility that Nakamoto was frustrated no one had bothered to simply ask him, Wallace tells Magazine. It seems like every other week, theres another newspaper investigation, documentary or nonfiction book promising to unmask Satoshi. Read more -
Cointelegraph.com - 01:14 Jun 09, 2025
Improvements in Coinbase's machine learning models and infrastructure helped to cut the number of unnecessary account restrictions. Coinbase CEO Brian Armstrong said the crypto exchange has reduced unnecessary restrictions on its users by 82%, which has been a “major issue” for the exchange. In a June 6 X post, Armstrong acknowledged that account freezing has been a problem “for longer than is acceptable,” and that it has become a top priority for his firm to improve. “The issue has been reduced by 82% so far, with more improvements coming. We’ll keep you updated as further improvements roll out,” Armstrong said, before asking all customers with frozen accounts to contact Coinbase Support. Read more -
Cointelegraph.com - 15:00 Jun 08, 2025
Gaming’s behavioral data is rapidly becoming the most sought-after resource in AI. Game telemetry fuels next-gen AI agents for everything from logistics to finance. The battle for gaming data is on. Opinion by: T-RO, co-founder of GamerBoom Forget the old pitch about “interactive media.” Every dungeon crawl, clutch revive and deck shuffle is time-stamped, geo-located and tied to an explicit objective. No other medium produces such clean, high-frequency reads on risk tolerance, resilience or cooperation. Feed these sequences into reinforcement learners, resulting in the real-world effect. Agents trained on gameplay logs can anticipate lane merges, triage hospital queues or route cargo with the precision of an e-sports champion. Read more -
Cointelegraph.com - 13:59 Jun 08, 2025
“Send more Orange,” Strategy executive chairman Michael Saylor wrote on X, signaling another Bitcoin purchase from the company. Strategy co-founder and executive chairman Michael Saylor posted a chart of the company’s Bitcoin holdings on June 8, signaling a possible upcoming acquisition. On June 8, Saylor posted “Send more Orange” on X. Saylor’s cryptic posts are often followed by announcements of new Bitcoin (BTC) purchases. If Strategy follows up the post with another BTC buy, it will mark the ninth week of consecutive Bitcoin purchases from the company. The post comes shortly after the company purchased an additional 705 BTC between May 26 and June 1 for around $75 million at an average price of $106,495 per coin, bringing the company’s total Bitcoin holdings to 580,955 BTC, currently valued at approximately $61.4 billion. Read more -
Cointelegraph.com - 10:56 Jun 08, 2025
After a wave of crypto crimes, Didi Taihuttu and his “Bitcoin Family” revamped their security by splitting their Bitcoin seed phrase across four continents. Didi Taihuttu, patriarch of the so-called “Bitcoin Family,” has overhauled his digital asset security setup following a wave of violent attacks targeting crypto holders. The family, known for going all-in on Bitcoin in 2017, now hides portions of their private keys across four continents. In a CNBC interview, Taihuttu said he now uses a hybrid approach instead of relying solely on hardware wallets. Taihuttu told CNBC that the family has changed everything. “Even if someone held me at gunpoint, I can’t give them more than what’s on my wallet or my phone. And that’s not a lot,” he said. Read more -
Cointelegraph.com - 09:48 Jun 08, 2025
Bitcoin traders eye key levels to hold and reclaim into the weekly close, but the chances of a major liquidity grab are growing. Key points: Bitcoin is working on completing a “successful” support retest as trader bets increase prior to the weekly candle close. BTC price volatility is expected as liquidity analysis shows that conditions favor a significant short squeeze. Read more -
Cointelegraph.com - 08:25 Jun 08, 2025
Dubai’s property market hit $18.2 billion in sales in May alongside growing tokenization momentum, new regulations and a record $3 billion real estate blockchain deal. Dubai’s real estate market surged in May, posting record sales volumes and transaction values that signal growing investor confidence and potential readiness for property tokenization. According to data shared in a press release with Cointelegraph by real estate platform Property Finder, Dubai’s real estate sector reached a total sales value of 66.8 billion dirhams (about $18.2 billion) across 18,700 transactions in May. The figures indicate a 44% year-on-year surge in transaction value and a 6% rise in sales volume. The growth was driven by both primary and secondary market activity. Primary sales saw a 314% spike in value compared to May 2024, while secondary sales rose 21% in value. Read more -
Cointelegraph.com - 06:08 Jun 08, 2025
Tether’s CEO points to the company’s growing Bitcoin and gold treasury as a reason why a speculative $515 billion valuation might actually be “a bit bearish.” Tether CEO Paolo Ardoino says the stablecoin issuer has no intention of going public, just days after rival Circle made its debut on the New York Stock Exchange (NYSE). “No need to go public,” Ardoino said on June 7, just two days after Circle, which is behind the stablecoin USDC (USDC), entered the public market on June 5. Circle’s shares climbed 167% on its first trading session on the NYSE. Ardoino addressed valuation speculation raised by Artmesis CEO Jon Ma, who claimed that if Tether, which is behind the stablecoin USDT (USDT), were to go public, it would rank as the 19th largest company globally with a valuation of $515 billion, larger than multinational giants like Costco and Coca-Cola. Read more -
Cointelegraph.com - 04:05 Jun 08, 2025
The Bitcoin community is divided after core developers released a joint statement on transaction relay policy and use cases amid the ongoing OP_RETURN debate. A collective statement from 31 Bitcoin core developers has sparked a global debate among Bitcoiners after suggesting a hands-off approach to how the Bitcoin network is used, amid ongoing controversy over non-monetary use cases. “This is not endorsing or condoning non-financial data usage, but accepting that as a censorship-resistant system, Bitcoin can and will be used for use cases not everyone agrees on,” the June 6 statement published on the Bitcoin Core website said. The letter argued that Bitcoin (BTC) is a network “defined by its users” and that its core contributors are “not in a position” to mandate what software or policies they desire. It comes amid the ongoing debate over spam inscriptions on the Bitcoin network. Read more -
Cointelegraph.com - 00:19 Jun 08, 2025
Metaplanet plans to own 100,000 Bitcoin by the end of 2026, James Wynn lost $25 million in a Bitcoin bet: Hodler’s Digest Metaplanet, also known as Japans Strategy, has updated its Bitcoin acquisition plans to acquiring 100,000 BTC by the end of 2026. Metaplanet on June 6 posted its new Bitcoin plan, increasing its previous target of 21,000 BTC. Our previous target to hold 21,000 BTC by the end of 2026 has now been dramatically revised upward. We now aim to hold 100,000 BTC by that time, Metaplanet CEO Simon Gerovich said in an announcement posted on X. Read more
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