Yuga Labs looks to replace ‘unserious’ ApeCoin DAO with new ApeCo entity
Yuga Labs CEO Greg Solano said the DAO became a slow, noisy, unserious governance theater. Yuga Labs is pushing to overhaul the ApeCoin ecosystem with a proposal to shut down…
Japan’s ‘Strategy,’ Metaplanet, to buy 91K Bitcoin in next 18 months
Japan’s Metaplanet plans to hold 100,000 BTC by 2026, revising its target from 21,000 and issuing shares to accelerate its Bitcoin treasury strategy. Metaplanet, also known as Japan’s Strategy, has…
AI solidifying role in Web3, challenging DeFi and gaming: DappRadar
The number of daily unique active wallets on AI-powered crypto apps grew 23% in May, eating into the market share of DeFi and Web3 gaming, says DappRadar. Artificial intelligence is…
Bitcoin gets sub-$100K price targets with RSI ’a week away’ from new lows
Bitcoin price expectations fall in line with a new retest of $100,000 support. Traders see news lows with RSI heading still lower. Key points: Bitcoin is in line for lower…
First Signs of Investors Shifting Away From US Markets Surge
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…
Listed 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…
Ukraine 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…
Moscow 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…
Crypto lobby wants software dev protections added to crypto bill
A group of crypto advocacy groups have urged lawmakers to include a bill protecting software devs from being labelled as money transmitters included in a crypto market structure bill. The…
Fed rate cut decision to ‘impact heavily’ on if Bitcoin hits $112K: Analyst
The Federal Reserve is expected to hold interest rates this month, but a surprise cut could help drive Bitcoin to a fresh peak, says CMC Markets’ Carlo Pruscino. The US…
Crypto users fail ‘basic situational awareness’ at events, says Kraken
Kraken’s security team says that at crypto conferences, it’s seen unlocked laptops, phones left unattended and public discussions about personal wealth. Crypto conference attendees fail at “basic situational awareness” and…
Ethereum price to $3K? ETH bulls might need to wait, analysis suggests
Institutional inflows and rising Ethereum transaction fees contrast with sluggish network activity and caution on the Ether futures market. Key takeaways: ETH futures show weak bullish sentiment despite strong ETF…
Trump-Musk spat sees Bitcoin tumble, liquidating $308M in longs
Bitcoin long traders took a hit over the past 24 hours amid Bitcoin’s price dwindling amid broader macroeconomic tension and continued sell-offs by long-term holders. Investors who went long on…
Ross Ulbricht’s big Bitcoin donor tied to Silk Road successor Alphabay: Report
Chainalysis told WIRED that it tracked a $31 million Bitcoin donation to online black market Silk Road founder Ross Ulbricht to a successor marketplace called Alphabay. A crypto wallet tied…
Uber in ‘study phase’ of using stablecoins to lower costs, says CEO
Uber CEO Dara Khosrowshahi says the ride-sharing giant is looking at whether stablecoins can help it cut costs when moving money around the world. Ridesharing giant Uber is in the…