Hong Kong’s push to legalize crypto derivatives is gaining political momentum, with reports that senior officials see the next wave of virtual asset reforms unlocking Bitcoin futures and options trading for professional investors. The goal is to expand product diversity while preserving sound risk controls.
Bitcoin and Ethereum ETFs “have broadened the product diversity of the Hong Kong market,...
Aave, the largest decentralized lending protocol, has experienced a sharp drop in USDT liquidity to under $100 million following a massive withdrawal by a wallet linked to HTX, a crypto exchange connected to Justin Sun.
According to on-chain analyst EmberCN, the wallet removed $570 million USDT from Aave’s lending pool within three hours, slashing the available borrowable USDT liquidity to $91.95...
Bluebird Mining Ventures Ltd., a London-listed gold exploration company with operations across Asia, has unveiled plans to adopt Bitcoin as part of its treasury management strategy.
The firm announced the move on June 5 in a post on X (formerly Twitter), signaling a significant departure from the traditional capital allocation models in the UK mining sector.
The company intends to channel revenue...
US law enforcement agencies seized 145 domains and crypto linked to BidenCash, a darknet marketplace known for selling stolen credit card data, and personal information, according to a June 4 statement.
The takedown followed a court-approved investigation that targeted the platform’s infrastructure. The seized domains now redirect users to a server controlled by the authorities, featuring...
Venezuela’s government has arrested at least 20 moderators of the popular Instagram page “Monitor Dólar,” accusing them of terrorism, money laundering, and fraud for publishing the widely used parallel exchange rate, Interior Minister Diosdado Cabello has reported..
The sweep, which began in night‑time raids on May 29, revives tactics last seen during the country’s 2013‑18 hyper‑inflation era and...
Bo Hines, who leads President Donald Trump’s advisory council on digital assets, recently met with El Salvador’s President Nayib Bukele to discuss potential partnerships in the crypto space.
In a post shared on June 5, Hines revealed that the meeting centered around digital asset development and a shared ambition to reshape global finance. He also praised Bukele for spearheading what he described...
Singapore – June 5, 2025 – AEON, the next-generation crypto framework built for payments, has integrated the TRON network to enable seamless in-store payments. Through AEON Pay, users can now transact using TRX, the native utility token of the TRON network. USDT and USDD on TRON for offline payments are also included to bring fast and low-cost digital payments into everyday retail experiences....
Moroccan police have arrested a dual-national French-Moroccan man wanted for an alleged connection with a series of kidnappings in France that targetted individuals with crypto holdings, Reuters reported on June 4, citing a source familiar with the case.
According to the source, Moroccan police identified the man as Bajjou Badiss Mohamed AmiDe, who is 24 years old and was subject to an Interpol...
Interconnections between centralized and decentralized crypto lending are heightening systemic risk, Galaxy Digital’s research arm said in a June 4 report on first-quarter borrowing data.
The report estimated that as of March 31, over $39 billion in crypto-collateralized debt was outstanding across decentralized lending apps, centralized lenders, and crypto-backed stablecoin issuers.
DeFi...
Ethereum Foundation has released a sweeping update to its treasury management strategy, signaling a more mature, structured approach to capital allocation amid ETH’s growing global influence and rising institutional scrutiny.
The new framework, published on June 4, outlines how the foundation will manage reserves, deploy capital in DeFi protocols, and assess privacy standards, while maintaining...