Industry News

  • Hundreds of Millions in Bitcoin at Center of Violent Kidnapping Plot06 Jun 2026 02:30Hundreds of Millions in Bitcoin at Center of Violent Kidnapping PlotA kidnapping and Lamborghini carjacking tied to a theft of hundreds of millions of dollars in bitcoin are now central to a federal criminal case, highlighting the real-world dangers that can emerge from high-stakes cryptocurrency disputes. A Bitcoin Theft Became the Focus of a Violent Federal Case The U.S. Department of Justice (DOJ) said this […]
  • CLARITY Act Push Gains Momentum as Lawmakers Race to Lock in US Crypto Rules06 Jun 2026 01:30CLARITY Act Push Gains Momentum as Lawmakers Race to Lock in US Crypto RulesThe CLARITY Act push is gaining momentum as lawmakers seek federal rules for digital asset markets. The proposal has attracted support from congressional leaders, industry organizations, consumer-focused groups, national security veterans, and President Donald Trump. CLARITY Act Push Gains Momentum as Lawmakers Warn of Global Stakes Momentum behind the Digital Asset Market Clarity Act (CLARITY […]
  • Polymarket CMO Used Personal PayPal to Pay Influencers, POLITICO Reports06 Jun 2026 00:05Polymarket on a smartphone with computer in background.Polymarket’s chief marketing officer sent more than $2.5 million through a personal PayPal account to over 800 people in 14 months, including at least $350,000 to influencers who promoted the crypto prediction market on X without disclosing they were paid, POLITICO reports. $2.5 Million Through a Personal PayPal Account According to a POLITICO investigation published […]
  • USDT Hits Near 100% Market Share in Key Latam Markets, New Oobit Report Reveals05 Jun 2026 23:05Flags of several Latam countriesA recent report by Oobit disclosed that in almost all Latam markets, most stablecoin transactions were completed using USDT, which acts as the de facto dollar proxy in the region. In addition, the company highlighted that the region’s use of stablecoins was akin to cash. Oobit Highlights Tether’s Domain Of Latam’s Stablecoin Markets USDT, in […]
  • Why Is Bitcoin Crashing? Worst Week of 2026, $59,100 Low, and More Than Half of All BTC Now in the Red05 Jun 2026 22:05Bitcoin chart, 1-hour via Bitstamp on June 5.Bitcoin fell to its lowest price of 2026 on Friday, touching $59,100 intraday as over 351,000 traders were liquidated across crypto markets in a single 24-hour window. Bitcoin Falls 19% in 7 Days and Touches $59,100 The move extended a sharp selloff that has taken bitcoin down 19.3% in seven days, 22.2% in the past […]
  • Ethereum Drags Altcoins Below $880B as 22% Weekly Slide Shakes Trader Confidence05 Jun 2026 21:05Ethereum Logo on a mobile phone screenA broad crypto sell-off on Friday dragged the total altcoin market capitalization down to $880 billion. Zcash was the hardest-hit major token, crashing over 40% to $264.80. Market Bloodbath Drags Altcoin Cap Below $1 Trillion The mayhem that characterized the cryptocurrency market on Friday saw several high-cap altcoins log double-digit losses, resulting in the aggregate […]
  • Chile Busts $88 Million Crypto Laundering Ring Tied to the Sanctioned Tren de Aragua Cartel05 Jun 2026 19:35A photo of a Chilean Intelligence Police patrolAn investigation that has been active since 2024 identified an 18-man money-laundering group that used several bank accounts, irregular companies, and cryptocurrency remittances to launder funds from the illegal activities of the Venezuelan Tren de Aragua group. Chile Shuts Down $88 Million Crypto Money Laundering Group Linked To Tren de Aragua A two-year investigation has […]
  • Bitcoin Slides Below $60K as Traders Trigger $1.57B Liquidation Wave Across Crypto05 Jun 2026 18:34Chart showing Bitcoin's dip to 2026's lowBitcoin dropped below $60,000 amid a broader crypto market sell-off that erased $200 billion in total market value and triggered $1.57 billion in leveraged liquidations. Liquidations Pass the Billion-Dollar Mark Bitcoin plunged below $60,000 on Friday amid a market-wide sell-off that shaved approximately $200 billion from the crypto economy. According to Bitstamp data, the cryptocurrency […]
  • TRX Spot Listing Launches on Bitnomial, Supporting Regulated U.S. Access to TRON05 Jun 2026 17:00PRESS RELEASE. Geneva, Switzerland — June 5, 2026 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), today announced the spot listing of TRX, the native utility token of the TRON network, on Bitnomial, a CFTC -regulated U.S. exchange and clearinghouse. The listing […]
  • Coinbase CEO Brian Armstrong: US-China Competition Is ‘the Best Thing to Happen to America Since the Cold War’05 Jun 2026 16:30Coinbase CEO Brian Armstrong Standing With ColleaguesCoinbase CEO Brian Armstrong believes competition with China “might be the best thing to happen to America since the cold war,” arguing the rivalry will jolt a complacent U.S. back into excellence. A Bullish Take on Great-Power Rivalry Brian Armstrong, chief executive of the largest U.S. crypto exchange, framed the intensifying contest with China as […]