The largest US crypto lobbying groups have asked lawmakers to include protections for software developers and infrastructure providers in a bill aiming to regulate the crypto space. A joint statement on June 5 by the DeFi Education Fund, Coin Center, the Solana Policy Institute, The Digital Chamber, Blockchain Association, Crypto Council for Innovatio, and the … Read more
Crypto conference attendees fail at “basic situational awareness” and security measures, opening themselves up to exploitation by bad actors hiding in the crowd at events, says crypto exchange Kraken. Kraken’s security team noted a “troubling trend” of laptops and phones owned by popular crypto protocols left unlocked and unguarded on tables at events — as … Read more
Ridesharing giant Uber is in the “study phase” of using stablecoins to help reduce the costs of moving money around the world, says its CEO Dara Khosrowshahi. Khosrowshahi said on stage at the Bloomberg Tech Summit in San Francisco on June 5 that Uber is “definitely going to take a look” at stablecoins. “We’re still … Read more
A crypto wallet tied to the defunct dark web marketplace Alphabay was reportedly behind the donation of $31 million worth of Bitcoin to Silk Road creator Ross Ulbricht, according to blockchain analysis. Blockchain analytics firm Chainalysis told WIRED for a June 5 report that it had tied the 300 Bitcoin (BTC) donated to Ulbrich earlier … Read more
Key points: A historically accurate Bitcoin price metric is flashing green for the third time this year. Miners’ BTC sales have slowed since the start of the year compared to 2024. Profit-taking, while a popular move around all-time highs, is less “euphoric” than previous price cycles. Bitcoin (BTC) continues to see “buy the dip” signals … Read more
The US Department of Justice has moved to seize $7.74 million in crypto allegedly earned by North Korean IT workers using fake identities and working at blockchain firms as remote contractors. The funds were initially frozen in April 2023 as part of an indictment against Sim Hyon Sop, a China-based banker allegedly helping North Korean … Read more
Opinion by: Elias Vilochkin, chief product officer of ChangeNOW Bitcoin optimism is naturally running high. US President Donald Trump’s trade agreement with the UK has provided a jolt of confidence in global markets, and Bitcoin (BTC), as the ultimate borderless asset, is reaping the benefits. Unfolding behind the Trump administration’s aggressive push to deregulate the … Read more
Key points: Bitcoin trades within a narrowing range between $103,500 and $108,800 over the last six days. BTC price must establish $107,000 as new support to continue the uptrend. Liquidity thickening on both sides of the spot price suggests Bitcoin price could break out in either direction. Bitcoin (BTC) price has been consolidating within a … Read more
The US Senate has confirmed Michelle “Miki” Bowman as President Donald Trump’s pick to be vice chair for supervision for the Federal Reserve, signaling a potential change in the central bank’s regulatory approach after the departure of Michael Barr. In a 48-46 vote on June 4, senators confirmed Bowman to be the vice chair for … Read more
Bitcoin exchange-traded funds (ETFs) overseen by institutional investors shrank in early 2025, marking the first quarterly drop since US spot ETFs launched. According to a recent CoinShares report, institutional investors’ exposure to Bitcoin (BTC) dropped to $21.2 billion in Q1 2025 from $27.4 billion in Q4 2024, representing a 23% decrease over the period. The … Read more