Bitcoin Launches $1B Crypto Treasury Strategy
China-based @JiuziHoldings announces a $1B crypto treasury strategy focusing on $BTC, $ETH, and $BNB to enhance shareholder value, causing a 55% premarket stock surge. #Breaking #Crypto $JZXN (+7) ↗
GAIN Token Plummets 95% After Security Breach
@CoinMarketCap experienced a cyber attack on June 21, exposing users to a phishing scam. The malicious code has been removed, and security measures are being enhanced. #Update #Crypto
Crypto Buybacks Spark Credibility Race
Kadan Stadelmann, CTO at Komodo Platform, stated that treasury companies are engaged in a competition to establish the most appealing structures amidst a potential ‘credibility race.’ #Update #Crypto
Ethereum Gains $20M Boost from M2 Capital
M2 Capital Limited invested $20 million in Ethena’s governance token, ENA, aiming to enhance digital asset access for Middle Eastern investors amid regional regulatory advancements. #Update #Crypto $ENA
Bitcoin Payments Approved for Ohio State Fees
Ohio State Board of Deposit approves vendor for cryptocurrency payments, including Bitcoin, for state fees and services. Ohio Secretary of State Frank LaRose supports broader crypto legislation. #Update #Crypto $BTC
Stellar XLM Surges Analysts Eye $0.5 Target
Stellar ($XLM) shows resilience at $0.37 support; analysts predict potential rise to $0.50 amid ecosystem growth and institutional adoption. #Update #Crypto $XLM
Bitcoin Overvalued Sygnia CEO Warns
Sygnia CEO Magda Wierzycka warns against excessive enthusiasm for $BTC, advising it should be no more than 5% of discretionary assets. #Update #Crypto $BTC
Upbit Control Secured by Naver Financial
Naver Financial is set to acquire full control of Dunamu, operator of Upbit, via a share-swap deal, enhancing its position in South Korea’s digital finance sector. #Update #Crypto
Trezor Discovers New Phishing Attack Threat
@Trezor has identified a phishing attack targeting users via its contact form, but no data breach occurred. Users are advised to secure wallet backups offline as Trezor enhances security measures. #Update #Crypto
Stablecoins Surge in $100B Payments Battle
Stablecoins like $USDC and $XRP are reshaping US payments by offering faster, cheaper transactions than credit cards, potentially capturing 10%-15% of the market, saving billions for merchants. #Update #Crypto $USDC
SEC Approves Hashdex ETF to Include XRP SOL
The U.S. SEC has approved @Hashdex’s expansion of its Nasdaq Crypto Index ETF to include $XRP and $SOL, enhancing institutional participation in these altcoins. #Update #Crypto $XRP $SOL
GT Token Launches Layer 2 Network Revamp
@Gate has launched Gate Layer, a Layer 2 blockchain to enhance transaction efficiency and reduce costs, with GT as the exclusive gas token; over 180M GT burned. #Update #Crypto $GT
Blockchain Adoption Surges in Philippines
The Philippines launches Integrity Chain by @BayaniChain to log DPWH contracts on blockchain, enhancing transparency after protests over $33B infrastructure corruption. #Update #Blockchain
XRP Bulls Struggle at Key Resistance
XRP price recovery stalls as traders watch if bulls can overcome resistance. Aayush Jindal provides technical analysis insights on current market dynamics. #Update #Crypto $XRP