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…
Solana-based memecoin launchpad Pump.fun is rumored to be preparing for a $1 billion token sale at a $4 billion valuation. On June 3, a community member posted on X about a Pump.fun token launch within the next two weeks, with listings on multiple centralized exchanges and a 10% airdrop allocated to community members. Speculation intensified following a Blockworks report citing anonymous sources saying the launchpad — known for its instant token creation feature — would raise $1 billion through a token sale. The report claimed three sources confirmed the sale…
Stablecoins have quietly exploded into a multi-billion-dollar payments juggernaut, with several businesses leading the charge – and Tether dominating the field. Artemis, Castle Island, Dragonfly Study: Stablecoin Monitoring Shows Several Unique Trends Stablecoin payments totaled $94.2 billion from January 2023 through February 2025, according to a new industry study. The research, conducted by analytics firm […] Source CryptoX Portal
Coinbase was informed of a customer data leak at its outsourcing partner, Taskus, some four months before a significant breach that is expected to cost the company $400 million. Breach Causes 200 Employees to Lose Jobs? U.S. cryptocurrency exchange Coinbase was made aware of a customer data leak at one of its outsourcing companies four […] Source CryptoX Portal
Some of the largest U.S.-based Bitcoin miners—CleanSpark, MARA, and Riot Platforms—released their May 2025 operational updates today, reporting solid gains. All three companies reported month-over-month gains in Bitcoin (BTC) production, infrastructure development, and strategic positioning in the post-halving market. CleanSpark produced 694 BTC in May and reached a hashrate of 45.6 EH/s, a 7.5% increase from the previous month. The company also announced it now holds 12,502 BTC, double its treasury from a year ago, with all reserves mined directly. CleanSpark expanded its contracted power capacity to 987 megawatts and…
Corporate interest in digital assets is gaining momentum, with public companies increasingly allocating Bitcoin and Ethereum to their balance sheets, according to Binance Research’s latest weekly report. Binance reported that more than 117 listed companies now hold over 800,000 BTC collectively, including recent adopters like Trump Media & Technology Group, which launched a $2.5 billion BTC strategy backed by 50 institutional investors. The report also noted Ethereum’s (ETH) growing presence in corporate treasuries, with SharpLink unveiling a $425 million ETH initiative advised by Consensys co-founder Joseph Lubin. Mixed market sentiment …
The New York Police Department has reportedly placed two officers on modified duties after the pair was accused of being linked to a local townhouse where a crypto trader was allegedly kidnapped and tortured before escaping. NYPD detective Roberto Cordero, who serves on New York City Mayor Eric Adams’ security detail, is said to have picked up the alleged victim, Michael Valentino Teofrasto Carturan, from the airport and driven him to the townhouse, The New York Times reported on May 29, citing two city officials with knowledge of the matter.…
Bitcoin surged to a record all-time high this week, marking its third all-time high (ATH) this cycle and igniting broad market activity. Glassnode Data Shows Bitcoin Profit-Taking Surge Amid Record Highs According to Glassnode researchers Cryptovizart and Ukuria OC, this breakout signals accelerating investor engagement across exchanges, derivatives, and exchange-traded funds (ETFs), though the $120,000 […] Original