Day: 5 June 2025

Ukrainian authorities have arrested a 35-year-old man from the Poltava region, accusing him of orchestrating a major cryptojacking operation targeting an international server hosting company. According to a statement released by Ukraine’s National Police on June 4, the suspect allegedly breached more than 5,000 customer accounts to mine cryptocurrency illicitly ...

Sumsub has introduced a new Travel Rule SDK designed to simplify crypto compliance for businesses while enhancing user retention. The verification platform’s latest tool integrates directly into crypto, fintech, and iGaming apps, helping firms automate regulatory checks without compromising user experience. The SDK addresses growing global enforcement of the Financial ...

Global X Management Company LLC, a prominent player in the exchange-traded fund (ETF) space, has launched its latest product—the Global X Bitcoin Covered Call ETF (ticker: BCCC). This new, actively managed fund is designed to provide investors with income exposure to Bitcoin without requiring direct ownership of the cryptocurrency. It ...

Ethereum’s mainnet is reclaiming its dominance in decentralized finance (DeFi), fueled by a resurgence in bot-driven trading and a spike in stablecoin activity. According to a June 4 report by crypto trading platform CEX.io, Ethereum’s layer-1 network processed 4.84 million stablecoin transactions in May, automated mainly through trading bots. The ...

OSL Pay, the payments division of Hong Kong-listed OSL Group, is accelerating its global expansion with a clear focus on delivering secure, scalable, and regulated fiat-to-crypto infrastructure. Amid increasing regulatory scrutiny worldwide, OSL Pay is positioning itself as a vital bridge connecting traditional finance to the rapidly evolving decentralized Web3 ...

China is intensifying its campaign to reduce reliance on the US dollar, leveraging its leadership role within the Shanghai Cooperation Organization (SCO) to promote alternative financial systems and currencies. This move is part of a broader strategy to strengthen economic sovereignty and reduce vulnerability to US-led financial sanctions. China Eyes ...

Canadian digital asset investment firm 3iQ has partnered with Swiss-based Criptonite Asset Management to launch the 3iQ Criptonite Multi-Factor AMC, an Actively Managed Certificate tailored for qualified professional investors in Switzerland. The launch underscores both firms' commitment to expanding access to institutional-grade digital asset strategies in the European market. Source: ...

Kraken has launched a new institutional platform designed to meet the growing needs of professional traders and large organizations. The platform, announced this week, offers advanced trading features, access to over 90% of global crypto market liquidity, and a unique credit facility for qualified clients. Kraken Launches Institutional Platform With ...

Crypto.com’s North American derivatives arm has filed a lawsuit against the Nevada Gaming Control Board (NGCB), challenging its decision to block the exchange from offering sports event derivative contracts to Nevada residents. https://t.co/8EZ0BsZmNo sues Nevada gaming body over block on sports event contracts #Norque #NOQ #Bitcoin #ETH #AI #Blockchain #Blockchain ...

United States authorities have seized 145 internet domains and an undisclosed amount of cryptocurrency linked to BidenCash, a notorious dark web marketplace accused of trafficking millions of stolen credit card details and personal data. The takedown, announced by the U.S. Attorney’s Office for the Eastern District of Virginia, follows a ...