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  • Ethereum privacy roadmap proposes EU GDPR-safe blockchain design
    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
    Tags: Ethereum
  • Kaia pledges won-pegged stablecoin as South Korean payment stocks rally
    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
  • Kenya’s crypto tax could hinder Africa’s digital growth opportunity
    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 ...
  • Ether crypto funds see $296M inflows in best week since Trump election
    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
    Tags: Ether
  • Bitcoin price will see ‘short-term correction’ before $140K: Analysts
    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
    Tags: Bitcoin
  • Schrodinger’s Nakamoto, where everyone is and isn’t Satoshi
    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
  • Coinbase CEO says unnecessary account freezes cut by 82%
    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
  • Gaming data is the next AI battleground
    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
    Tags: Gaming
  • Michael Saylor teases fresh Bitcoin buy after $1B stock offering
    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
  • ‘Bitcoin Family’ revamps security after crypto crime wave
    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
  • Bitcoin can liquidate $15B in shorts with 10% BTC price uptick — Data
    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
    Tags: Bitcoin
  • Dubai real estate sales hit $18B in May amid tokenization push
    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
    Tags: Dubai
  • Tether CEO snubs IPO, says $515B valuation is 'a bit bearish’
    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
    Tags: Tether
  • Bitcoin core devs' joint statement sparks heated debate among Bitcoiners
    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
  • Metaplanet ups 2026 Bitcoin target, James Wynn loses $25M BTC: Hodler’s Digest, June 1 – 7
    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
  • Is a Bitcoin price rally to $150K possible by year's end?
    Cointelegraph.com - 14:05 Jun 07, 2025
    A bearish RSI divergence, similar to 2021, suggests Bitcoin could face a 50%+ correction toward $64,000, challenging the $150K year-end target. Key takeaways: A 2021-style bearish divergence on the weekly chart points to a potential 50%+ correction toward $64,000. Peter Brandt warns Bitcoin must reclaim its parabolic trendline soon or risk ending its bull cycle before reaching the $150,000 target. Read more
    Tags: Bitcoin
  • Bitcoin DeFi platform Alex Protocol loses $8.3M to exploit
    Cointelegraph.com - 12:21 Jun 07, 2025
    Alex Lab Foundation said it will fully reimburse users affected by the $8.3 million exploit, with compensation issued in USDC following a structured claims process. Alex Protocol, a Bitcoin decentralized finance (DeFi) platform on the Stacks blockchain, suffered an exploit on June 6, resulting in $8.3 million in digital asset losses.   In an X announcement, Alex Protocol said the breach was caused by a vulnerability in its self-listing verification logic. The attacker used the flaw to drain liquidity from several asset pools.  The Bitcoin DeFi platform said the attackers siphoned about 8.4 million Stacks (STX) tokens, 21.85 Stacks Bitcoin (sBTC), 149,850 in USDC (USDC) and USDt (USDT), and 2.8 Wrapped Bitcoin (WBTC). The incident is one of the largest exploits in the Stacks ecosystem to date. Read more
  • Musician made $3M selling NFTs and lost it all to taxes and a crypto crash
    Cointelegraph.com - 11:02 Jun 07, 2025
    After earning $3 million from NFT sales, Jonathan Mann watched it vanish in a crash, and now he’s turned the ordeal into a painfully honest crypto tax tune. Non-fungible token (NFT) artist Jonathan Mann, the musician behind the “Song A Day” project, has turned his crypto tax ordeal into a cautionary musical tale.  In a new track shared on X, Mann recounted how he made $3 million selling his entire back catalog as NFTs, only to see it vanish as the market crashed during the Terra ecosystem collapse. “This is the story of how I made three million dollars and lost it,” Mann sings. “And how I owed the IRS more money than I made in 10 previous years.”  Read more
    Tags: NFTs
  • Singapore’s ousted crypto firms may not find shelter elsewhere
    Cointelegraph.com - 09:32 Jun 07, 2025
    Singapore’s ousting of unlicensed firms was not a sudden move and it’s among several regions tightening licensing duties. Singapore’s latest order for unlicensed crypto firms to stop serving overseas customers marks the beginning of the end for regulatory loopholes in the blockchain industry. The May 30 directive from the Monetary Authority of Singapore (MAS) tells crypto firms and individuals offering services abroad to get licensed or get out. To some in the industry, it may look like Singapore is suddenly turning away from its crypto-friendly stance. But in reality, the city-state has remained consistent in its push for compliance. The move aligns with a global crackdown aimed at money laundering and terrorism financing. Read more
  • Trump touts memecoin as sentiment gauge as $520M unlock nears
    Cointelegraph.com - 08:52 Jun 07, 2025
    Trump seems to recognize his official memecoin, down 85% from its all-time high, as a tool to measure public sentiment. United States President Donald Trump has signaled support for the idea that his official memecoin reflects public sentiment about his leadership. In a post on his social media platform Truth Social, Trump shared a Newsmax article discussing how his official cryptocurrency token serves as a gauge of political momentum, echoing views shared by some crypto industry figures.  While the president may recognize his memecoin as a success barometer, the token’s market performance paints a more sobering picture if it’s to be used as a sentiment gauge.  Read more
    Tags: Trump

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