Trump’s U.S. tariff policy, which has sparked a trade war with several countries, has many investors wondering about the sustainability of this situation and considering shifting part of their investments toward initiatives based in other markets, such as Europe. Analysts: Investors Worried About Trump’s Moves Increasingly Shift to More Stable Markets The economic and trade […]
Read MoreListed UK Miner to Convert Gold Income to Bitcoin, Stock Jumps
The listed gold mining company Bluebird Mining Ventures said on June 5 it has adopted a strategy of converting gold into digital gold. Under the initiative, income streams from gold mining projects will be recycled into a proactive “Bitcoin in Treasury” management approach. This strategy, which will be achieved while maintaining minimal corporate overhead, is […]
Read MoreUkraine Cyber Crime Bust: 5,000 Accounts Hacked for Crypto Mining
Ukrainian law enforcement recently arrested a 35-year-old man accused of hacking over 5,000 customer accounts of a hosting company to mine cryptocurrency, resulting in a loss of $4.5 million. Hacker Deploys Software to Remotely Manipulate Servers Ukrainian cyber police officers and investigators from the Zaporizhia region recently arrested a 35-year-old man accused of hacking over […]
Read MoreMoscow Exchange Opens Bitcoin Futures to Select Investors
Russia is entering the cryptocurrency derivatives market, as the Moscow Stock Exchange kicked off bitcoin futures trading on June 4, limited exclusively to “highly qualified” investors. This move comes as Russia cautiously experiments with crypto-related financial instruments, amid ongoing regulatory uncertainty. These new contracts are linked to Blackrock’s bitcoin exchange-traded fund (ETF), the Ishares Bitcoin […]
Read MoreDOJ Seizes $7.74M in Crypto Tied to North Korean Tech Ring
North Korea’s sprawling crypto laundering network has been hammered as U.S. authorities seized $7.74 million tied to fake IT jobs, blockchain trickery, and weapons funding. DOJ Targets North Korea’s Crypto Laundering Network With Asset Seizure The U.S. Department of Justice (DOJ) announced on June 5 that it has filed a civil forfeiture complaint seeking to […]
Read MoreSEC Commissioner Pushes to Streamline Crypto Regulations
Crypto regulation is poised for a breakthrough as a top SEC official champions streamlined oversight, expanded custody options, and investor-friendly policies empowering digital asset adoption. SEC Commissioner Aims to Cut Regulatory Red Tape in Crypto Oversight U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce advocated for a more accommodating regulatory approach to digital assets […]
Read MoreStandard Chartered Issues Warning on Bitcoin Treasury Companies
Strategy Chairman Michael Saylor has inspired dozens of copycats with his bitcoin treasury approach. But Standard Chartered warns of dire consequences to imitators if the cryptocurrency’s price collapses. Standard Chartered Flags Risks for Bitcoin Corporate Treasuries What could possibly go wrong when more than a hundred public companies start hoarding bitcoin (BTC) on their balance […]
Read MoreBrazil Mulls Taxing Cryptocurrency to Offset Financial Transaction Tax Hike
Amid a public debate regarding an executive order that increases the current tax on financial transactions, Brazil is considering taxing crypto transactions to mitigate the impact of the increase, which would affect a larger audience. Brazil Mulls Cryptocurrency Transaction Tax Cryptocurrency transactions are now in the spotlight in Brazil, becoming a key element in the […]
Read MoreTether’s CEO: Stablecoins Are Key to Financial Transformation in Africa
Tether has made a strategic investment in a pan-African blockchain financial solutions provider to enhance cross-border payments and global liquidity for African businesses. Stablecoins: The Heartbeat of Financial Transformation Stablecoin issuer Tether announced June 5 that it had made a strategic investment in Shiga, a pan-African blockchain-based financial solutions provider. This collaboration is expected to […]
Read MoreHail Mary in Crypto: Spanish Coffee Chain Plans Massive Bitcoin Treasury—Will It Work?
Vanadi Coffee, a Spanish coffee franchise, will discuss the possibility of allocating up to 1 billion euros (nearly $1.1 billion) to establish a bitcoin treasury. The proposal, still to be approved, would position the company among the largest holders of bitcoin in Europe. Vanadi Coffee Seeks Redemption With 1B Euros Bitcoin Pivot The trend of […]
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