Japanese investment company Metaplanet has become the world’s eighth-largest corporate holder of Bitcoin, continuing its aggressive strategy to promote Bitcoin adoption across Asia. The company acquired an additional 1,088 Bitcoin (BTC) at an average price of $108,400 per coin for a total of $117.9 million, the investment firm announced in a June 2 X post. … Read more
IG Group, a United Kingdom-listed trading and financial services company, is launching cryptocurrency trading to retail investors, expanding its footprint in the digital assets space. IG customers can now access 31 crypto assets, including Bitcoin (BTC), Ether (ETH), XRP (XRP) and a variety of altcoins and memecoins such as Bonk (BONK), the company said in … Read more
Ross Ulbricht’s recent receipt of 300 Bitcoin is from “questionable sources,” but it’s unlikely to be a case where he donated it to himself, says blockchain researcher ZachXBT. Ulbricht, who founded the infamous online black market Silk Road, received 300 Bitcoin (BTC), worth $31.4 million, to his wallet that was soliciting donations, Blockchain analytics firm … Read more
Social media platform X is rolling out a new messaging feature, XChats, which owner Elon Musk says will have “Bitcoin-style encryption.” XChat is seemingly a more feature-rich version of the platform’s direct messaging function, which will feature audio and video calling, “encryption, vanishing messages, and the ability to send any kind of file,” Musk said … Read more
South Korea’s crypto scene will gain either way in the country’s presidential elections, as both candidates have run on pro-crypto platforms, pledged to ease regulations and expand crypto access. South Koreans will head to the polls on June 3 to elect a new president in a snap election to replace Yoon Suk-yeol, who was impeached … Read more
The US military could soon get artificial intelligence-powered virtual (VR) and augmented reality (AR) gear made by Meta, after the social media giant joined forces with defence contractor Anduril to develop the devices. The headsets will use Anduril’s AI-powered command and control system, the Lattice platform, to integrate data from thousands of sources and provide … Read more
Ethereum users will be warned of a new attack capable of draining their wallets, as crypto market maker Wintermute says it has created code that injects a warning into verified malicious contracts. Wintermute’s code, dubbed “CrimeEnjoyor,” prints a warning within malicious Ethereum contracts that are “designed to auto-sweep funds” from wallets with leaked private keys, … Read more
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A stunning movement of XRP has just been recorded, with 44.1 million tokens, worth over $97 million at current market price, transferred from Turkish crypto exchange Paribu to an unknown wallet. The sudden move, initially flagged by an XRP investor known as … Read more
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum price has slowed down — repeatedly failing to breach the resistance zone around $2,800 — over the past few weeks after making a strong start to the month of May. The second-largest cryptocurrency will aim to replicate this brilliant form … Read more
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin prices fell by over 3% in the past week as the broader crypto market suffers from a general price correction influenced by macroeconomic pressure. Notably, the premier cryptocurrency now trades above $104,000 representing an estimated 7% decline from its new all-time … Read more