Day: 4 June 2025

San Francisco, California, 4th June 2025, Chainwire

The Czech government is under intense scrutiny following a high-profile Bitcoin scandal that has triggered a parliamentary vote of no confidence. Lawmakers are questioning the administration's handling of alleged corruption involving cryptocurrency transactions linked to government officials. Czech Government Faces No-Confidence Vote Over $45M Bitcoin Scandal ► https://t.co/kU0ccPGaYN https://t.co/kU0ccPGaYN — ...

CleanSpark Inc. reported strong operational performance for May 2025, pushing closer to its goal of becoming the first publicly traded Bitcoin miner to reach 50 exahashes per second (EH/s) entirely through self-operated infrastructure. The Las Vegas-based company ended the month with a hashrate of 45.6 EH/s, up 7.5% from April, ...

Sonic Labs has announced a 190.5 million S token airdrop to incentivise user and developer activity across its expanding Web3 ecosystem, with eligibility extended to select global participants. The initiative, revealed in a June 3 update, introduces a gamified rewards structure designed to deepen community engagement and foster sustained on-chain ...

Ever placed a crypto trade only to find the price changed before execution? That’s price slippage– a hidden cost that can eat into your profits. It is a common issue traders face in fast-moving or low-liquidity markets like the crypto market.  Price slippage occurs when market conditions shift between the ...

The U.S. Securities and Exchange Commission (SEC) is set to revamp its approach to crypto regulation, moving away from enforcement-led tactics and instead prioritizing rulemaking through a public “notice and comment” process, according to SEC Chair Paul Atkins. Speaking before the Senate Appropriations Subcommittee on Financial Services on June 3, ...

MicroCloud Hologram Inc. is deepening its commitment to the cryptocurrency sector, unveiling a $200 million investment in Bitcoin and related crypto securities derivatives. The Shenzhen-based technology service provider reported a cumulative investment income of $19.08 million as of June 3, signalling a strategic pivot toward digital asset integration and blockchain ...

A new Trump-branded crypto wallet, launched in collaboration with NFT marketplace Magic Eden and the team behind the $TRUMP memecoin, has triggered a wave of controversy, with members of the Trump family publicly denying any association with the product. Announced on June 3 as “the Official $TRUMP Wallet,” the project ...

Meta has secured a landmark 20-year agreement with energy provider Constellation to draw 1.1 gigawatts of power from the Clinton Clean Energy Center in southern Illinois, a move Meta says on June 3 is pivotal to fueling its artificial intelligence and data center operations. Starting in 2027, the Clinton nuclear ...

California is moving closer to officially embracing cryptocurrency, following the unanimous passage of Assembly Bill 1180 (AB 1180) in the State Assembly. Approved with a 68-0 vote on June 2, the bill now advances to the Senate for further consideration, marking a significant step in the state’s push to modernize ...