Category: CryptoX News

BlackRock ETF buys 3.25% of BTC supply as New Bitcoin Capital dries up

BlackRock’s spot Bitcoin exchange-traded fund (ETF) is nearing the $70 billion mark in assets under management, signaling growing interest from institutional investors even as retail inflows appear to be slowing. BlackRock, the world’s largest asset manager, has acquired over $69.7 billion worth of Bitcoin (BTC) through its iShares Bitcoin Trust (IBIT) ETF, representing over 3.25% of the total BTC supply. BlackRock’s IBIT ETF now controls over 54.7% of the market share of all US spot Bitcoin ETFs, which hold 6.12% of the current Bitcoin supply, according to Dune data. BlackRock’s…

Putin and XI to Kickstart Global South BRICS Investment Platform

Vladimir Putin and Xi Jinping are discussing launching a platform that will offer investment initiatives under a BRICS-Global South inclusive banner, which will be detailed next month. Putin and Xi: BRICS to Unveil Global South Inclusive Investment Platform Vladimir Putin and Xi Jinping, leaders of two of the world’s largest countries, are developing a platform […] Source CryptoX Portal

Brazilian Government Opens Contract to Monitor Cryptocurrency Transactions

Brazilian authorities are seeking a software solution that allows them to track the locations and movements of various cryptocurrency projects nationwide. The objective of this proposal is to enhance the state’s capabilities in combating cryptocurrency-related crime. Brazilian Authorities Open Contract for Cryptocurrency Tracking Solution Tracking and enhancing control of crypto funds has become a necessity […] Source CryptoX Portal

Tiny Island, Big Move: Nauru Launches Crypto Oversight Authority

Nauru has recently passed a bill establishing the Command Ridge Virtual Asset Authority (CRVAA) to regulate virtual assets, digital banking, and Web3 innovation. CRVAA to Issue VASP licences Nauru, the tiny island nation in the South Pacific Ocean, recently passed a bill establishing a dedicated virtual asset regulatory authority. The bill, which passed June 17, […] Source CryptoX Portal

Momentum, Wormhole & OKX partner to boost Sui network liquidity

Momentum, a decentralized finance protocol built on Sui, is teaming up with Wormhole and OKX Wallet to boost cross-chain liquidity on the Sui network. The collaboration will see the Sui (SUI) blockchain benefit from an influx of billions of dollars in cross-chain liquidity, Momentum said in an announcement. As part of this quest to bring further interoperability and functionality to Sui, Momentum will tap into Wormhole (W)’s native token transfer framework  and OKX‘s learn-to-earn platform OKX Cryptopedia. Momentum thus becomes the first decentralized exchange to support Wormhole’s NTT-powered assets, bringing…

Tether Aids $225M Seizure in US Secret Service’s Largest Crypto Bust Ever

The U.S. Secret Service shattered records with a $225 million crypto seizure, spotlighting Tether’s role in dismantling global digital asset fraud at scale. US Secret Service Achieves Largest $225M Crypto Bust With Tether’s Support Digital asset firm Tether announced on June 18 that the United States Department of Justice (DOJ) has recognized its cooperation in […] Source CryptoX Portal

Binance’s CZ Calls for ‘Will Function’ on Every Crypto Platform

As billions in crypto wealth surge globally, urgent calls intensify for platforms to adopt inheritance-ready “will functions,” safeguarding digital assets and empowering responsible, future-proof financial planning. ‘Will Function’ Needed to Protect Billions in Crypto, Says Binance’s CZ Binance founder and former CEO Changpeng Zhao (CZ) reignited industry-wide concerns about the lack of proper estate planning […] Source CryptoX Portal

Massive Data Breach: 16 Billion Records From Apple, Facebook, Google, Telegram Exposed

A colossal breach exposing 16 billion login credentials ignites global cybersecurity fears as criminals gain unprecedented access to personal accounts, corporate systems, and government networks. 16 Billion Login Credentials Leaked: Global Systems Brace For Relentless Exploitation A staggering new breach has exposed billions of login credentials, serving as a stark warning to individuals and organizations […] Source CryptoX Portal

relief rally or true trend reversal?

Price action in OKB turned ballistic, blasting through the $54 level with volume to match. Behind the move? Whale wallets, OKX’s expansion, and a technical breakout that shattered weeks of stagnation. Traders are now eyeing the next pivot: pullback or liftoff? OKB (OKB), the utility token of the OKX exchange, surged during the Asian trading session on June 19, climbing from a daily low of $47.61 to a high of $54.66 before easing to around $52.64 at press time. The 13% rally came with a 406% spike in 24-hour trading…

Ethereum strategic reserves hit 1% of supply as corporate adoption accelerates

Top institutional holders dominate Ethereum’s strategic reserves, with the Ethereum Foundation leading the pack. Corporate Bitcoin (BTC) strategic reserves have been a major trend in the past few months. However, Ethereum (ETH) is slowly catching up. On June 19, strategic reserves among institutions rose to 1.190 million ETH, according to the Strategic ETH Reserve website. These reserves, worth almost $3 billion, amount to more than 1% of the total supply of ETH. The growth of ETH strategic reserves | Source: Strategic ETH Reserve Top holders dominate these reserves, with the…