According to a report from CNBC, the Taihuttu clan—better known as the ‘Bitcoin Family’—has revamped its security setup in light of a rising wave of crypto-related abductions across the globe. No More Hardware Wallets: Taihuttu Family Takes Cold Storage to Extremes Didi Taihuttu told CNBC’s MacKenzie Sigalos that his family has abandoned hardware wallets in […] Original
Deutsche Bank AG is exploring stablecoins and tokenized deposits as large financial institutions increase digital asset investments. German Financial Giant Ponders Stablecoin Use and Token Deposits Bloomberg reports that Germany’s largest lender is evaluating stablecoin options, which could involve issuing its own token or joining an industry initiative, according to Sabih Behzad, Deutsche Bank’s head […] Source CryptoX Portal
Positive jobs data put the cryptocurrency back on a positive trend after the ongoing public spat between U.S. President Donald Trump and Tesla CEO Elon Musk sent markets tumbling. Strong Employment Figures Boost Bitcoin The U.S. Department of Labor published better than expected employment data on Friday morning sending both stock and crypto markets higher. […] Original
U.S. jobs growth in May was in line with expectations, suggesting that the Fed may keep rate cuts on schedule. Despite earlier expectations, U.S. jobs data was not the major crypto market mover this week. On Friday, June 6, U.S. hiring slowed, with employers adding 139,000 new jobs. While this figure was lower than the revised 147,000 for April, it was still slightly above the forecasted range of 125,000 to 130,000. U.S non-farm payroll monthly change, seasonally adjusted | Source: BLS At the same time, the unemployment rate remained at…
Key Notes 60% of Pump.fun wallets are at a loss, with 1,700+ wallets losing over $100K. Trading bots are inflating Pump.fun volume, raising manipulation concerns. The PUMP token launch aims to raise $1B through a community-driven model. As the Solana SOL $150.9 24h volatility: 4.2% Market cap: $79.06 B Vol. 24h: $3.65 B token launchpad Pump.fun gears up for the upcoming PUMP token launch, on-chain data shows that around 60% of wallet addresses on the platform are currently operating at a loss, with over 1,700 wallets each down more than…
Key Notes Tokenized private credit dominated the sector, accounting for 58% of the market share, followed by tokenized US Treasury debt at 34%. The sector is benefiting from evolving crypto regulations as the SEC classifies RWAs as securities. Major financial players like Goldman Sachs and Mastercard are exploring tokenization opportunities. Binance Research recently published a new report revealing that the RWA tokenization market experienced a significant 260% growth during the first half of this year. This growth is largely attributed to increasing regulatory clarity in the crypto space, which has…
JPMorgan, the largest bank in the United States by assets, plans to offer trading and wealth-management clients the option of using crypto-linked assets as collateral for loans, according to a June 4 report from Bloomberg. The bank is set to allow financing against crypto exchange-traded funds (ETFs) in some weeks. JPMorgan will begin with BlackRock’s iShares Bitcoin Trust, which, according to Sosovalue.com, is the largest US spot Bitcoin (BTC) ETF with $70.1 billion in net assets. The bank will also consider clients’ crypto holdings when assessing net worth, treating digital…
Crypto leverage diversified significantly in Q1 2025, moving beyond traditional lending as corporate bitcoin purchases and futures markets gained prominence, according to a Galaxy Digital report published June 4. Galaxy Study Dives Deep Into the Shifting Trends of Crypto Leverage in Q1 2025 Galaxy Digital’s latest study written by research analyst Zack Pokorny notes that […] Original
Key Notes MoonPay is now holding the BitLicense from the NYDFS. Robinhood, PayPal, Coinbase, and Circle also hold related licenses. The firm has continued to print new partnerships that may soar with the BitLicense. Popular crypto money transmitter and infrastructure firm MoonPay has secured the acclaimed New York BitLicense. This BitLicense and money transmitter licenses ensure the firm has legal backing to provide its services in the region. The Sacred BitLicense Hall of Fame As crypto Journalist Eleanor Terrett reported, the New York State Department of Financial Services (NYDFS) handed…
Key takeaways Chainabuse allows anyone to publicly share information with enforcement, helping make crypto fraud more transparent, but it’s not a confidential legal channel. Scamwatch helps raise public awareness about crypto scams in Australia and gathers reports to support national anti-scam efforts, but it does not investigate or take enforcement action. Even if funds can’t be recovered, reporting a Bitcoin scam can prevent someone else from falling into the same trap. Staying vigilant, avoiding suspicious links or promises of guaranteed returns and double-checking addresses can help protect your crypto. It…