World Liberty Financial reportedly sent a letter after the company behind Donald Trump’s memecoin and Magic Eden announced plans to launch an “official $TRUMP wallet.” World Liberty Financial (WLFI), the cryptocurrency platform backed by US President Donald Trump and members of his family, has reportedly issued a cease-and-desist letter to the company responsible for creating...Continue Reading

Arca was one of the earliest crypto investment firms to back Circle, Arca chief investment officer Jeff Dorman wrote in the letter. Circle is facing criticism from Jeff Dorman, chief investment officer at digital asset investment firm Arca, over a $135,000 allocation to the company during the stablecoin issuer’s recent initial public offering. In an...Continue Reading

The situation involving Garantex “undermines the illusion of control that many still cling to,” according to Global Ledger co-founder and CEO Lex Fisun. Global Ledger, a company that provides a crypto Anti-Money Laundering (AML) toolset, has identified over $15 million in active reserves from crypto exchange Garantex, some of which are on the move. According...Continue Reading

Installing Bitcoin ATMs inside post office locations is part of a broader push to modernize Romania’s postal service with digital tech. Poșta Română, the national postal service of Romania, installed its first Bitcoin ATM at a branch location in the city of Tulcea, in partnership with the Bitcoin Romania (BTR) exchange. According to an announcement...Continue Reading

Trump Media & Technology Group filed an S-1 registration form with the US regulator to launch the Truth Social Bitcoin ETF. Trump Media and Technology Group, the company majority-owned by US President Donald Trump that runs his Truth Social media platform, filed with the US Securities and Exchange Commission (SEC) to launch a Bitcoin exchange-traded...Continue Reading

Safe, formerly Gnosis Safe, has launched a subsidiary called Safe Labs to develop enterprise-grade self-custody solutions based on its smart contract wallet infrastructure. Safe, a crypto self-custody company previously known as Gnosis Safe, has launched a subsidiary, Safe Labs, to build enterprise-grade self-custody solutions. According to a June 5 announcement shared with Cointelegraph, Safe Labs...Continue Reading

Zebec’s move reflects a shift toward embedding compliance at the protocol level, with firms facing more stringent regulatory requirements. Financial infrastructure company Zebec Network has acquired Gatenox, a compliance and identity platform, to bring core regulatory infrastructure in-house and expand into more tightly regulated markets.  In an announcement shared with Cointelegraph, the company said the...Continue Reading

Circle’s public trading launch follows multiple IPO upsizings in response to massive demand from investors. Circle, the issuer of the second-largest stablecoin by market capitalization, USDC, has begun trading on the New York Stock Exchange (NYSE). Circle CEO Jeremy Allaire took to X on June 5 to announce the company’s public debut of CRCL shares...Continue Reading

Institutional demand and more holding are pushing the percentage of Bitcoin on exchanges to the lowest since 2018, signaling a potential supply shock. Key takeaways: Bitcoin’s percent supply on exchanges has dropped below 11% for the first time since 2018. Institutional adoption is accelerating BTC withdrawals from public exchanges. Read moreContinue Reading

Ignore AI doomers predicting mass unemployment — PWC found AI-exposed industries create more value and pay workers higher wages. AI Eye. Any student of predictions will tell you they are almost always wrong, especially the ones about the future.Most predictions about AI will be too. Thanks to our prehistoric brains, humanity has a demonstrated capacity...Continue Reading