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Investigators have linked a figure in the $30 million ZKasino alleged scam to a fresh cryptocurrency project branded WhiteRock (WHITE), on-chain analyst ZachXBT reported in a June 16 post on X. WhiteRock surfaced in December 2024 with an anonymous team, overstated user counts, and unverifiable claims about a USDX reserve, researchers at Blokiments wrote in a memo dated June 13. Evidence ZachXBT...
Strategy (formerly known as MicroStrategy) has expanded its Bitcoin holdings by acquiring 10,100 BTC for approximately $1.05 billion. The purchase, disclosed in a June 16 filing with the US Securities and Exchange Commission (SEC), brings the company’s total Bitcoin stash to 592,100 BTC. Notably, this single purchase equals the entire Bitcoin stack accumulated by Japanese firm Metaplanet since...
Michael Saylor, the billionaire Bitcoin advocate and executive chairman of Strategy, is backing Pakistan’s state-led Bitcoin pivot, according to new footage and media reports emerging from Islamabad. A call with top officials marks the latest escalation in Pakistan’s plan to formalize a Strategic Bitcoin Reserve (SBR). The video footage, posted on X by Finance Ministry media officer Hamid Raza...
Solana Labs co-founder Anatoly Yakovenko has opposed Cardano’s leadership’s new proposal to convert part of its treasury into Bitcoin. In a June 16 post on X, Yakovenko suggested the idea was misguided, arguing that it reflects poor treasury management and sends the wrong message to the Cardano community. According to him: “Projects should keep 18-36 months of post kill list runway in short term...
The following is a guest post and opinion from Laura Estefania, Founder and CEO of Conquista PR. Last weekend, the Madrid Economic Forum 2025 offered more than economic analysis. It became a reflection of Spain’s shifting political and cultural mood, especially on a question that cuts to the core of modern life: how much of our financial freedom are we willing to trade for digital convenience?...
The Tron blockchain is reportedly planning a backdoor entry to the US public markets through a reverse merger with SRM Entertainment, a Nasdaq-listed company, the Financial Times reported on June 16. If completed, the merger would create a new company, Tron Inc., holding large amounts of TRX, Tron’s native token. The report also suggested that Eric Trump, son of the US president Donald Trump, may...
Japanese investment firm Metaplanet has reached its short-term goal of acquiring 10,000 Bitcoin, following a recent purchase of 1,112 BTC for approximately $117 million. The acquisition was completed at an average price of $105,405 per coin, pushing Metaplanet past Coinbase in the rankings of public companies with the most significant Bitcoin holdings. The milestone means the company doubled its...
Amid the minor 0.45% drop in Bitcoin mining difficulty on June 14, the network’s total hashrate surged to a fresh record of 943 EH/s. This juxtaposition emphasizes a resilient and increasingly concentrated mining sector in which top players are accelerating hardware upgrades to maintain margins in a post-halving environment. Bitcoin hashrate (Source: Hashrate Index) The difficulty dip offered a...
Digital asset funds continued their winning streak last week, pulling in $1.9 billion in new investments, according to CoinShares‘ latest weekly report. This marks the ninth week in a row of positive inflows, pushing the cumulative total over the period to $12.9 billion. Year-to-date, digital asset investment products have now seen a record $13.2 billion in inflows. James Butterfill, CoinShares’...