CryptoNews

Analyst Projects $515B Tether Valuation—CEO Says BTC and Gold Are Missing From the Equation

June 9, 2025
Tether CEO Paolo Ardoino responded positively to an analyst’s $515 billion valuation of the stablecoin issuer, calling it “a beautiful number,” but ruled out the company going public. Ardoino: Valuation ‘A Bit Bearish’ Tether CEO Paolo Ardoino has described an analyst’s $515 billion valuation of the stablecoin issuer as “a beautiful number.” He also suggested that the figure could…
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SEC Commissioner Pushes to Streamline Crypto Regulations

June 6, 2025
Crypto regulation is poised for a breakthrough as a top SEC official champions streamlined oversight, expanded custody options, and investor-friendly policies empowering digital asset adoption. SEC Commissioner Aims to Cut Regulatory Red Tape in Crypto Oversight U.S.
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DOJ Seizes $7.74M in Crypto Tied to North Korean Tech Ring

June 6, 2025
North Korea’s sprawling crypto laundering network has been hammered as U.S. authorities seized $7.74 million tied to fake IT jobs, blockchain trickery, and weapons funding. DOJ Targets North Korea’s Crypto Laundering Network With Asset Seizure The U.S. Department of…
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Ukraine Cyber Crime Bust: 5,000 Accounts Hacked for Crypto Mining

June 6, 2025
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 Deploys Software to Remotely Manipulate Servers Ukrainian cyber police officers and investigators from the Zaporizhia region recently arrested a 35-year-old man accused of hacking over 5,000 customer…
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Binance Reaches 275M Users, Adds 80M in Five Months

June 4, 2025
Binance is skyrocketing past 275 million users, fueling a global crypto revolution with blistering adoption rates, real-world utility, and dominance in digital financial infrastructure. 275 Million and Rising—Binance Solidifies Dominance in Explosive Digital Finance…
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VC-Backed Crypto Projects Face High Failure Rates—Study Reveals 45% Have Collapsed

June 4, 2025
A new study by Chainplay and Strorible reveals that nearly 45% of venture capital (VC)-backed crypto projects have shut down, and 77% fail to generate $1,000 in monthly revenue. Top-Tier VC Firms Not Spared Nearly half (45%) of venture capital (VC)-backed crypto projects have ceased operations, while 77% fail to generate $1,000 in monthly revenue, a new Chainplay and Strorible study has…
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Justin Sun & TRON DAO Lead Bitcoin Vegas 2025 Sponsorship

June 3, 2025
PRESS RELEASE. Geneva, Switzerland, June 3, 2025 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), participated in Bitcoin 2025, which took place May…
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Insurers Eye Kidnap and Ransom Policies for Wealthy Crypto Holders

June 3, 2025
Insurance companies are considering the launch of kidnap and ransom policies aimed at wealthy cryptocurrency holders, driven by increasing concerns over kidnappings of crypto entrepreneurs. K&R Insurance for Crypto Holders U.S. insurance companies are reportedly contemplating launching products specifically for wealthy cryptocurrency holders. The insurers hope these products, known as…
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