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A Bitcoin-linked scandal has thrown the Czech government into crisis.
Prime Minister Petr Fiala is facing calls for a no-confidence vote from the opposition following Justice Minister Pavel Blažek’s resignation.
The controversy stems from a Bitcoin donation tied to Tomáš Jirčikovský, a convicted criminal known for operating Sheep Marketplace, a dark web platform previously used for illicit drug...
World Liberty Financial, a DeFi venture part-owned by a trust of US President Donald Trump, has kicked off a new airdrop campaign targeting early backers.
On June 4, the blockchain analytics platform Lookonchain confirmed that the project began distributing $47 worth of its USD1 stablecoin to wallets that participated in the WLFI token sale.
The airdrop, approved by community vote weeks earlier,...
Largest US economy, California, moves to accept Bitcoin for state fees by passing new bill to Senate
The California State Assembly has unanimously passed AB 1180, a bill that allows state agencies to begin accepting Bitcoin and other digital assets as payment for certain regulatory fees.
Authored by Assemblymember Avelino Valencia (D-Anaheim), the legislation cleared the Assembly floor on June 3 with a decisive 78–0 vote (2 NV) and is now under review by the Senate Rules Committee.
If enacted,...
Brian Armstrong, the CEO of Coinbase, issued a stark warning this week: if U.S. lawmakers don’t get the national debt under control, Bitcoin could supplant the dollar as the world’s reserve currency.
“If the electorate doesn’t hold Congress accountable to reducing the deficit, and start paying down the debt, Bitcoin is going to take over as reserve currency,” Armstrong posted on X. “I love...
While Bitcoin (BTC) reclaimed the $106,000 threshold after a 2% price increase in the past 24 hours, Ethereum (ETH) and XRP outperformed with 3.5% and 5% daily growth, respectively.
Bitcoin recently experienced an 8% correction since its all-time high of nearly $112,000 registered on May 22.
A recent report by Bitfinex attributed the correction to a court of appeal decision regarding a dispute on...
A growing number of public companies are buying Bitcoin (BTC) for their balance sheets, but many could be exposed to significant losses if prices drop, according to a new Standard Chartered report shared with CryptoSlate.
The bank’s research, authored by head of digital assets research Geoffrey Kendrick, highlighted that 61 companies now hold Bitcoin in their corporate treasuries, collectively...
Changpeng Zhao, founder and former CEO of Binance, has urged companies adopting Bitcoin as a treasury asset to fully understand the risks involved with the top crypto.
In a June 3 post on X, Zhao acknowledged that risk is an unavoidable part of doing business, but emphasized the importance of assessing and managing it properly.
According to him:
“Every company takes risks. Risks are not binary...
US-listed spot Bitcoin exchange-traded funds (ETFs) have entered a third consecutive day of outflows, shedding more than $1 billion.
This trend reflects a shift in institutional sentiment as Bitcoin’s price continues to hover around the $105,000 mark without a clear breakout.
US Bitcoin ETFs outflow
Data from SoSoValue shows that the 12 US-listed spot Bitcoin ETFs experienced $268 million in net...
The XRP Ledger (XRPL) recorded a drop in transaction volume in May 2025, even as institutional adoption of the blockchain network continues to rise.
According to data from XPMarket, XRPL processed over 50.1 million transactions last month, down from 54.8 million in April. Despite the decline, active wallets rose to 278,362, up from 252,000 in the previous month.
XRP Ledger (XRPL) Network Activity...