Senator Ted Cruz Buys Bitcoin Miners
On May 31, U.S. Senator Ted Cruz announced his purchase of three Bitcoin miners, which will begin operations in Iraan, Texas. In a post on X, Cruz expressed pride in joining Texas…
Mastercard’s Crypto Credential Simplifies Blockchain Transactions
Mastercard has launched its new Crypto Credential feature, allowing users to send and receive cryptocurrency using specific usernames instead of traditional, complex wallet addresses. This innovative feature enables users on crypto exchanges…
$26M Airdrop Fiasco by Bybit Restructures Executive Team
Crypto exchange Bybit has announced internal role changes for several executives following a flawed airdrop that led to a $26 million compensation payout to users. The incident affected 320,000 users, prompting the…
Former Deutsche Bank Executive Sentenced to 41 Months for Fraud Schemes
On May 31, Rashawn Russell, a former Deutsche Bank executive, was sentenced to 41 months in prison by the Eastern District of New York in Brooklyn. Russell was found guilty of wire…
Stablecoin Market Cap Hits 2-Year High as Dominance Slips to 6%
The stablecoin market capitalization has reached a 24-month high of $161 billion in May, following eight consecutive months of growth, according to a new report by cryptocurrency analytics platform CCData. Market Growth…
Binance Compliance Chief Detained in Nigeria, Suspected of Malaria
Tigran Gambaryan, the head of compliance at Binance, remains imprisoned in Nigeria, suspected of suffering from malaria, according to a family spokesperson who spoke with CoinDesk. Gambaryan collapsed in a Nigerian court…
ZKasino Offers 72-Hour Window for Investors to Reclaim Deposited ETH
ZKasino, a blockchain-based gambling project, has announced a 72-hour “2-step bridge back process” to return funds to investors following allegations of a $33 million “rug pull” in April. The company has denied…
HTX Crypto Exchange Surpasses Coinbase in Trading Volumes
Cryptocurrency trading platform HTX, formerly known as Huobi, has overtaken the US-based exchange Coinbase in spot trading volumes. This marks a significant milestone for HTX, which is now outpacing one of the…
Sphere Labs Introduces Bank-to-Wallet Telegram Extension
Sphere Labs, a blockchain development company specializing in stablecoin services for businesses, has announced a new bank-to-wallet extension designed for Telegram. This innovative feature allows users to transfer funds directly between their…
ETH Price Can Hit $4.5K Before ETF Start Trading: Arthur Cheong
Arthur Cheong, the founder and CEO of DeFiance Capital, predicts that Ether (ETH) could rally to $4,500 before the first spot Ether exchange-traded funds (ETFs) start trading. Cheong shared his prediction in…
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