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Nasdaq-listed Reitar Logtech Holdings Ltd. is in advanced talks to acquire up to $1.5 billion worth of Bitcoin (BTC) as part of a strategic treasury diversification initiative aimed at supporting its global logistics technology expansion.
According to the June 2 SEC filing, the proposed transaction, involving approximately 15,000 BTC, would be executed through a share issuance agreement with a...
Circle, the company behind the USDC stablecoin, has revised its IPO filing to reflect stronger-than-expected investor demand, according to a June 2 filing with the US Securities and Exchange Commission (SEC).
The updated filing shows Circle now plans to issue 32 million Class A shares, up from the previously announced 24 million. It also raised its proposed price range to between $27 and $28 per...
The crypto market recorded $286 million in inflows, extending a seven-week streak that has added $10.9 billion to crypto investment products, according to CoinShares‘ weekly report.
However, the overall value of assets under management slipped from $187 billion to $177 billion, reflecting recent market declines.
CoinShares’ Head of Research, James Butterfill, pointed to growing economic...
Tether CEO Paolo Ardoino has disclosed that the company is being prevented from participating in Juventus Football Club’s latest capital increase.
In a June 2 post on X, Ardoino addressed mounting inquiries from Juventus supporters who had hoped Tether would provide new capital to help the club sign players and regain its competitive edge.
According to Ardoino, Juventus has not permitted Tether...
Cybercriminals are adopting increasingly deceptive tactics to target crypto users, with some now posing as blockchain security companies.
Their aim is to steal assets and implicate their victims in the process, making it harder for them to seek redress.
This evolution comes amid a sharp rise in crypto-related losses. In May 2025 alone, hackers and fraudsters drained over $244 million from users,...
Twelve years ago, hardcore Bitcoin users begged developers to “nuke” coins held in a US government wallet captured from Silk Road. They feared the feds could dump the stash and crush the market, or worse, wield it as monetary power.
Yet in March, the White House quietly ordained those same confiscated coins part of a new Strategic Bitcoin Reserve. What once sparked calls for a censorship fork...
IG Group will allow retail investors in the United Kingdom to trade 38 cryptocurrencies on its multi-asset platform from Tuesday, June 3, becoming the first London-listed broker to offer spot tokens.
The firm’s integration relies on a partnership with digital-asset exchange Uphold, which will provide custody and execution services. The Financial Services Compensation Scheme does not cover...
Elon Musk has announced a novel update to X, the social media platform formerly known as Twitter. A new feature, called XChat, is now rolling out, offering private messaging secured by what Musk calls “Bitcoin-style encryption.”
He stated:
“All new XChat is rolling out with encryption, vanishing messages and the ability to send any kind of file. Also, audio/video calling.”
XChat replaces the...
The founder of the darknet marketplace Silk Road, Ross Ulbricht, received 300 BTC, worth around $31.4 million, in a single donation from an unknown wallet, data from Arkham Intelligence shows.
Ulbricht, who was sentenced to life in prison, received a full and unconditional pardon from U.S. President Donald Trump on January 21. He was released following the pardon after serving 12 years in prison...
American economist Paul Krugman, who won the Nobel Prize in 2008, believes that stablecoins do not have any practical utility. In a May 30 blog post entitled ‘Digital Corruption Takes Over DC,’ Krugman opined that “stablecoins don’t serve any clearly useful function,” adding:
“They [stablecoins] can’t be used to make ordinary purchases, and there’s nothing you can do with them that can’t be done...