Crypto-based prediction markets are signaling that impeachment odds for US President Donald Trump remain low, despite a formal push in Congress. According to data from Polymarket, crypto bettors estimate that there is just a 6% chance that Trump will face impeachment proceedings in the US House of Representatives before the end of 2025. This marks […]
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X (formerly known as Twitter) is ramping up efforts to integrate financial services directly into its ecosystem and moving beyond its roots in social networking, the Financial Times reported on June 19. According to the report, the social media giant is preparing to let users carry out a wide range of financial transactions within the […]
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Tether CEO Paolo Ardoino announced a new open-source password manager, PearPass, after an unprecedented 16 billion passwords were leaked in what experts now call the largest credential breach ever recorded. Ardoino wrote: “The cloud has failed us. Again. 16 billion passwords just leaked. It’s time to ditch the cloud.” He pledged that PearPass will work […]
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There’s a familiar discomfort creeping in again, something I felt in the early 2010s as I watched social media’s promises of connection and community unravel into mass manipulation. Facebook and propaganda bots were the first dominoes. Cambridge Analytica, Brexit, global elections, it all felt like a betrayal of the internet’s original dream. Now, in the […]
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The XRP Ledger has entered a new phase of community participation with the upcoming launch of XAO DAO, marking the network’s first decentralized autonomous organization (DAO). This launch signals a shift toward deeper decentralized governance in XRPL’s future, offering users a structured way to engage in critical decisions, fund initiatives, and support real-world blockchain adoption. […]
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Investors who added 10% in Bitcoin (BTC) to their “60/40 portfolio” strategies got a 90% risk-adjusted return in the past 12 months, outperforming gold’s 51% return in the same period. On a June 16 post via X, the profile Ecoinometrics highlighted BTC’s performance through June 13 and charted the result against total return. A 60/40 […]
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The official Pump.fun account and the personal handle of its founder Alon Cohen were seemingly suspended by X on June 16, along with a cohort of other accounts tied to the memecoin sector. As of press time, neither X nor the people behind the suspended accounts explained the reason for the suspensions. Users noticed that […]
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Jeremy Allaire, founder and CEO of Circle, the USD Coin (USDC) issuer that went public this month, called stablecoins the “highest utility form of money ever created” in an X post on June 15. He added, however, that the stablecoin industry is yet to experience a significant disruption. Programmability of stablecoins will usher in change […]
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Coinbase’s sponsorship of the military parade in Washington, D.C., on June 14 has sparked a debate about whether crypto has lost sight of its original ethos. The parade, which was held to commemorate the U.S. Army’s 250th birthday, took place amid the country-wide ‘No Kings’ protests. The protestors voiced their opposition to President Donald Trump’s […]
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Tornado Cash developers Roman Storm and Alexey Pertsev received renewed support from the crypto community on their respective trials for deploying the open-source code behind the mixer. The Ethereum Foundation on June 12 donated $500,000 to Tornado Cash developer Roman Storm’s legal defense. It said it will match another $750,000 from public contributors as the […]
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A new proposal within the Polkadot ecosystem is pushing for the creation of a Strategic Bitcoin Reserve. According to the proposal, the plan involves converting 500,000 DOT, valued at around $2 million, into Threshold Bitcoin (tBTC), a wrapped version of Bitcoin secured through threshold cryptography, which ensures decentralization and non-custodial management. Polkadot’s Bitcoin proposal Before […]
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GameStop Corp. plans to raise $1.75 billion through a private offering of convertible senior notes due 2032, as the company explores digital asset investments, including potential Bitcoin acquisitions, under its updated investment strategy, according to a June 11 press release. The zero-coupon notes will be offered to qualified institutional buyers under Rule 144A of the […]
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Alby, a Bitcoin Lightning Network wallet, is facing mounting criticism after several users reported unexpected withdrawals from their accounts. The deductions, described as inactivity fees, have raised concerns about transparency and custodial risks. Community complaints against Alby The controversy gained traction on June 10 after Yu Xian, co-founder of blockchain security firm SlowMist, disclosed that […]
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World Liberty Financial (WLFI), a DeFi venture linked to US President Donald Trump, has drawn a $7.5 million USDT loan through the Aave lending platform. On June 10, blockchain analytics firm Onchain Lens reported that WLFI supplied assets worth more than $52 million to Aave. This included 7,900 Ethereum (ETH) valued at $21 million, 162.69 […]
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Two new Coinbase ads recently hit U.S. screens, reviving crypto’s populist pitch at a time when inflation is stubborn, Bitcoin is soaring, and Americans are once again talking about “building.” One spot reframes Bitcoin as “money from the future,” while another shows how a U.S. home’s price has dropped from 30,000 BTC to just 5 […]
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Ripple is scaling up its global blockchain education efforts with a fresh commitment of more than $5 million in funding to universities across the Asia-Pacific (APAC) region, according to a June 10 statement. The crypto payment company stated that the investment will be channeled through Ripple’s University Blockchain Research Initiative (UBRI), targeting institutions in South […]
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The Central African Republic (CAR) is pushing ahead this month with a plan to tokenize over 1,700 hectares of land on Solana, an initiative now deeply entangled with a controversial memecoin, opaque governance, and accusations of deepfakes. What began as a state-led “crypto-powered development” experiment has morphed into one of the year’s most confounding blockchain […]
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IT solutions provider Oblong has unveiled plans to raise $7.5 million through a private stock sale to support its new Bittensor-driven AI and digital asset treasury initiative, according to a June 6 statement. Shares in the Nasdaq-listed firm are up 12% over the past 24 hours following the announcement. Oblong revealed that it entered a […]
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Michael Saylor, chairman of Strategy and a long-time Bitcoin advocate, has dismissed concerns that quantum computing poses an imminent threat to the top crypto. In a recent CNBC interview, Saylor argued that the narrative is exaggerated to promote speculative quantum-resistant tokens. He noted : “It’s mainly marketing from people that want to sell you the […]
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Singer-songwriter Jonathan Mann recently shared the story of how earning millions in Ethereum (ETH) during a one-hour sale of his NFTs eventually became a “tax nightmare.” Mann has published one song a day over the past 17 years and released his 6,000th song on June 5, which was about the purported nightmare resulting from the […]
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Polymarket, the decentralized prediction platform known for its election forecasting accuracy, has been named the official prediction market partner of X, the social media company owned by Elon Musk. The partnership, announced on June 6, signals a growing role for markets in shaping public understanding of news, politics, and real-world outcomes. Polymarket celebrated the partnership […]
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Bitcoin briefly dipped to $100,000 before swiftly rebounding to $103,000 in early trading hours Friday, as markets reacted to an explosive social media fallout between U.S. President Donald Trump and Tesla CEO Elon Musk. The confrontation, unfolding in real time across Truth Social and X, was marked by Trump’s threat to revoke federal contracts and […]
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Circle, the issuer of the USDC stablecoin, officially began trading on the New York Stock Exchange (NYSE) on June 5 under the ticker symbol CRCL. The listing milestone marks a significant milestone for the firm as it becomes one of the few major crypto-native companies to go public through a traditional listing. Circle CEO Jeremy […]
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Institutional interest in the XRP Ledger (XRPL) continues to grow, as does the number of scams exploiting the ecosystem. On June 4, Panos Mekras, co-founder of Anodos Finance, a leading DeFi platform built on XRPL, raised concerns over the proliferation of fraudulent projects piggybacking on the blockchain network’s growing visibility. In the X post, Mekras […]
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Sentient, a decentralized AI company, has introduced Dobby Plus, an open-source chatbot now available on X and Hugging Face, according to a June 4 statement shared with CryptoSlate. This new model challenges proprietary AI systems from major tech firms like OpenAI and Anthropic. Dobby Plus According to Sentient, Dobby Plus is built on a decentralized […]
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Spanish coffee chain Vanadi Coffee is planning a bold shift as it seeks to transform from a struggling hospitality brand into a Bitcoin-centric holding firm. According to a report by Europa Press, the company is proposing a €1 billion (around $1.13 billion) allocation into Bitcoin as part of a broader financial overhaul. The announcement has […]
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A Bitcoin-linked scandal has thrown the Czech government into crisis. Prime Minister Petr Fiala is facing calls for a no-confidence vote from the opposition following Justice Minister Pavel Blažek’s resignation. The controversy stems from a Bitcoin donation tied to Tomáš Jirčikovský, a convicted criminal known for operating Sheep Marketplace, a dark web platform previously used […]
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Ethereum co-founder and Consensys CEO Joe Lubin believes ETH could ultimately become more valuable than Bitcoin (BTC), citing its utility and role in building a trust-based financial infrastructure. Lubin made the comments during an appearance on Rug Radio’s FOMO Hour podcast, where he also revealed that Consensys is in talks with sovereign wealth funds and […]
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A growing number of public companies are buying Bitcoin (BTC) for their balance sheets, but many could be exposed to significant losses if prices drop, according to a new Standard Chartered report shared with CryptoSlate. The bank’s research, authored by head of digital assets research Geoffrey Kendrick, highlighted that 61 companies now hold Bitcoin in […]
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Changpeng Zhao, founder and former CEO of Binance, has urged companies adopting Bitcoin as a treasury asset to fully understand the risks involved with the top crypto. In a June 3 post on X, Zhao acknowledged that risk is an unavoidable part of doing business, but emphasized the importance of assessing and managing it properly. According […]
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