Billion-Dollar Bank Paying $4,919,631 To Settle Accusations of Unjust Enrichment After Forgiving Ineligible Payment Protection Program Loan
dailyhodl.com

An Alabama-headquartered bank with $157.4 billion in consolidated assets has agreed to settle allegations stemming from its forgiveness of a pandemic-era business loan. The US Department of Justice says that on or about August 3rd, 2021, Regions Bank approved the forgiveness of a customer’s Paycheck Protection Program (PPP) loan. Congress created the PPP in March […]

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Peter Schiff Blames Bitcoin Price Dip on Strategy's Steady Accumulation
u.today

Peter Schiff dismisses claims that Bitcoin’s ongoing price dip was influenced by Strategy’s recent 32 BTC sale, noting that there’s more to it.

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YOM is available for trading!
blog.kraken.com

We’re thrilled to announce that YOM is available for trading on Kraken! Funding and trading YOM trading is live as of June 5, 2026. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.  Make sure to deposit your tokens into networks supported by Kraken. Deposits […]

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AI crypto scams soar in US as annual losses top $11bn – Nikkei Asia
www.google.com

NEW YORK — Cryptocurrency scams are exploding in the U.S., resulting in annual losses exceeding $11 billion, as the spread of artificial …

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Russia Sanctions 17-Year-Old Crypto Investigator After Report on Alleged Laundering Networks
cryptonews.com.au

Russia has sanctioned 17-year-old British researcher Alexander Browder and barred him from entering the country following his investigation into alleged crypto laundering networks. Browder’s March 2026 report alleged that Russia, Iran and North Korea collectively laundered around US$350 billion (AU$486.5 billion) through cryptocurrency channels. The report focused on the A7A5 stablecoin and a network that […]

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Bitcoin Critic Peter Schiff Predicts USDT Will Eclipse BTC
www.newsbtc.com

Bitcoin dropped to around $61,500 in recent days, its weakest level in roughly four months, and Peter Schiff wasted no time connecting that slide to a broader argument he has been making about stablecoins. A Stablecoin On The Move Tether’s USDT has already climbed to a market capitalization of nearly $188 billion, according to data […]

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$4M XRP Liquidity Rollover Marks Major Achievement for Flare
cryptopotato.com

Flare Network’s XRP-based decentralized finance ecosystem reached a new milestone with an automated liquidity rollover. The process moved over $4 million in capital between fixed-term yield markets without disrupting trading activity. The rollover took place on June 4, 2026, when the largest stXRP fixed-term pool on Spectra Finance reached maturity. Managed through GamiLabs’ FXRP MetaVault, […]

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The Hyperinflation of 1971 at the Kindergarten
bitcoinmagazine.com

Bitcoin Magazine The Hyperinflation of 1971 at the Kindergarten I’m pretty sure it was 1971, but it could have been 1972. In any case, it was in kindergarten, and I was five years old. Our teachers had set up a system to motivate us kids to behave well. They had hung a big board on […]

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Supra Labs CEO’s X Account Hacked for Fake Token Scam
www.cryptoninjas.net

Key Takeaways: Josh is the CEO of Supra’s team, and the official Supra X account was compromised by an attacker. The hackers exploited the compromised profile to spread a fake Solana address that encouraged people to invest in a fake SUPRA token. Supra officials stated that the post is completely fake and advised the community […]

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Bankless Co-Founder: Ethereum Must Become the World’s Settlement Layer—or Risk Failure
crypto-economy.com

Bankless co-founder, Ryan Sean Adams, addressed the Ethereum community launching a strong warning. The entrepreneur assured that the network will be remembered as a failed project if ETH does not consolidate as a global settlement asset. For the analyst, the platform’s true success is not measured by minor updates or the excitement around NFTs, but […]

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Arthur Hayes Dumps Entire ZEC Position, Sends Zcash Crashing Over 43%
nulltx.com

Arthur Hayes is out of Zcash. The BitMEX co-founder announced he has sold his entire ZEC position following the disclosure of a critical vulnerability in Zcash’s Orchard pool, and the market did not wait for an explanation before reacting. ZEC collapsed 43.4% in 24 hours, touching a low of $255 before recovering slightly to trade […]

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Blackrock Ends Bitcoin ETF Selloff as IBIT Pulls in $48M After 13 Red Days
news.bitcoin.com

Crypto ETF flows turned more constructive on Thursday, June 4, as bitcoin and ether funds snapped long outflow streaks with fresh inflows. HYPE ETFs extended their own winning run, while XRP returned to positive territory, and solana saw only a minor exit. HYPE ETFs Extend Winning Streak to 16 Days With $12M in Fresh Inflows […]

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Zcash weighs new shielded pool after counterfeiting flaw
cointelegraph.com

Zcash developers are weighing a new shielded pool and turnstile accounting after the Orchard bug raised supply verification questions.

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Both Bitcoin and Gold Fail to Act as Safe Havens, Robin Brooks Says
u.today

Prominent economist Robin Brooks has declared that gold’s days as a reliable safe-haven asset are officially over.

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SpaceX IPO access now available via xStocks
blog.kraken.com

SpaceX is redefining what’s possible in aerospace, satellite communications, and commercial spaceflight. As one of the most closely watched private companies in the world, its initial public offering (IPO) has been highly anticipated for years. Yet, most non-US retail investors have limited opportunities to participate in an IPO of this size. Most can only buy […]

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Fan who rushed Wembanyama court tied to alleged <b>cryptocurrency</b> stunt, authorities say
www.google.com

One of the more confusing and talked-about moments of Game 1 of the NBA Finals came when a fan ran onto the court during the second half.

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Bitcoin Price Pain Isn’t Over Yet As Selling Pressure Persists
www.newsbtc.com

Bitcoin price started a fresh decline below the $65,000 zone. BTC is showing bearish signs and might continue to move down if it dips below $62,000. Bitcoin failed to stay above $65,500 and extended losses. The price is trading below $64,000 and the 100 hourly simple moving average. There is a bearish trend line forming […]

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Crypto-Fueled Peptide Boom Surges Past US$100M as Biohacking Meets Looksmaxxing
cryptonews.com.au

Chainalysis estimates the crypto-powered peptide market has surpassed a US$100 million (AU$139 million) annualised transaction run rate, driven primarily by Bitcoin and stablecoin payments. Demand for lower-cost alternatives to popular weight-loss treatments has fuelled rapid growth, with crypto flows to peptide vendors rising 159% between Q4 2025 and Q1 2026. The sector’s expansion has coincided […]

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$617M Long Liquidation Sparks Bitcoin Rebound, Traders Eye $70K Relief Rally
cryptonews.com.au

Bitcoin fell to around US$61,300, triggering more than US$617 million in long liquidations out of over US$737 million in total positions wiped over 24 hours. The token rebounded about 5.5% to near US$64,700, a recovery that coincided with reports of an Israel–Lebanon ceasefire easing geopolitical risk. Some traders argued the leverage flush may have marked […]

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Ripple Price Prediction: How Low Can XRP Go If $1 Support Cracks?
cryptopotato.com

XRP opens June with its most significant decline of the past 3 months. The $1.20 support band, which served as the absolute floor for months, is being breached, with the price now trading at $1.11. The RSI is also printing its lowest reading since February’s capitulation, and the next meaningful support is nearly $0.30 lower. […]

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Bitcoin Privacy in 2026: A Practical Guide
bitcoinmagazine.com

Bitcoin Magazine Bitcoin Privacy in 2026: A Practical Guide Bitcoin privacy has come a long way since the early days of Bitcoin. Once marketed as anonymous, Bitcoin can be best described as a pseudonymous currency and monetary system. It does not need user personal information whatsoever to function, but companies built around it often associate […]

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Visa tests private stablecoin settlement with Brale, Canton
cointelegraph.com

Visa is testing private stablecoin settlement on Canton with Brale, exploring whether institutions can use blockchain without exposing sensitive transaction data.

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XRP Sell-off Hits $1.09 as Traders Face Fresh Downside Risk
news.bitcoin.com

XRP is testing support near $1.09 as persistent selling pressure keeps the token pinned near recent lows. Weak momentum and bearish technical signals continue to favor the downside. XRP Downtrend Deepens as Sellers Keep Control At 10:14 a.m. ET on June 5, XRP was trading at $1.110, near its recent low of $1.091, after extending […]

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Kalshi Eyes Wall Street With New ‘Bloomberg Terminal’ for Prediction Markets
crypto-economy.com

Multiple press reports reveal that Kalshi is building a prediction market terminal aimed at professional traders, with a design and interface similar to the iconic Bloomberg Terminal. Currently, the platform is in a testing phase with a small group of users; it will allow traders to track contracts in real-time, visualize transactions as they are […]

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BlockDAG announces $0.001 buyback claim as Cardano falls and Stellar consolidates
crypto-economy.com

The crypto market is experiencing significant turbulence, directly impacting several established digital assets. Recent Cardano coverage highlights increased concern within the ADA community. Following an announcement by Charles Hoskinson regarding a planned break and cautions about near-term ecosystem challenges, the asset fell 8.6% within a 24-hour window, reaching $0.1941 on June 4. At the same […]

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ZachXBT Warns Traders to Avoid $8.8B Market Cap Rain Protocol, Raises Bounty to $100,000
nulltx.com

ZachXBT is telling people to avoid RAIN at all costs, and the list of reasons he is giving is long enough to make any serious investor stop and pay attention. This is not a confirmed hack or a headline exploit. It is something arguably harder to dismiss: a detailed, on-chain-backed market integrity concern wrapped around […]

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Dave Portnoy Announces He Will Not Sell XRP and Bitcoin Despite Multi-Million Loss
u.today

Dave Portnoy refuses to sell his XRP and Bitcoin holdings despite a massive crash, revealing a million-dollar reason keeping him in the crypto market.

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U.S. Tax Court: <b>Cryptocurrency</b> staking rewards includible in income under section 61
www.google.com

His account held tokens in a cryptocurrency using a proof-of-stake blockchain, and the platform executed a “staking process” on behalf of its …

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Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy
www.newsbtc.com

BitMine Immersion Technologies is seeking $300 million through a preferred stock sale that would pay a 9.5% annual dividend and, if approved, be listed on the New York Stock Exchange. The filing gives the Tom Lee-led company fresh money it can use to add more Ether while tying investor returns to a board-declared cash payout. […]

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Professional investors dumped 52K BTC worth of ETFs in Q1, filings show
cointelegraph.com

US spot Bitcoin ETF ownership shifted during the market downturn as hedge funds exited positions, while banks and long-term allocators continued building exposure.

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Schwab Strategist: Bitcoin’s $60,000 Mining Cost Could Mark the Cycle Bottom
bitcoinmagazine.com

Bitcoin Magazine Schwab Strategist: Bitcoin’s $60,000 Mining Cost Could Mark the Cycle Bottom Bitcoin is in a bear market. That much is not in dispute.  What Jim Ferraioli, Director of Digital Currencies Research and Strategy at Charles Schwab, argued Wednesday on Bloomberg is more precise and more structural: this selloff has a measurable cost floor, […]

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Strategy’s Bitcoin Bet Faces $11.2B Paper Loss as BTC Drops Below Average Buy Price
cryptonews.com.au

Bitcoin’s slide below Strategy’s average acquisition cost of US$75,699 pushed the firm’s 843,706-BTC position to an unrealised loss of roughly US$11.2 billion.  Strategy’s preferred stock fell below its target value and MSTR shares slipped about 1.5% in pre-market trading, extending a weekly decline of around 14%. Executive chairman Michael Saylor framed the drawdown as a […]

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