$100K retest vs highest monthly close ever: 5 things to know in Bitcoin this week

Bitcoin price expectations are back in flux as a record monthly candle close contrasts with worries over a retest of lower support levels next. Bitcoin (BTC) starts June with BTC price action in a dangerous place. Can buyers preserve key bull market support levels? Bitcoin traders are gearing up for fresh volatility as the highest-ever …

Metaplanet becomes 8th largest Bitcoin holder with $118M buy

Metaplanet now ranks as the ninth-largest corporate Bitcoin holder with over 8,888 BTC, surpassing Galaxy Digital and Block Inc. after a $117.9 million purchase. Japanese investment company Metaplanet has become the world’s eighth-largest corporate holder of Bitcoin, continuing its aggressive strategy to promote Bitcoin adoption across Asia. The company acquired an additional 1,088 Bitcoin (BTC) …

Goldman Sachs Banker Sentenced to Prison for Role in $4,500,000,000 Ransack of Malaysia’s State Investment Fund: Report

An ex-Goldman Sachs banker is reportedly being sentenced to prison for his role in the massive $4.5 billion theft of the Malaysian State Investment Fund (1MBD). According to a new report by NBC News, former Goldman Sachs employee Tim Leissner has been sentenced to two years behind bars for paying a part in the multibillion-dollar …

PrimeXBT expands global reach with FSCA-regulated crypto asset services

June 2nd, 2025 – Castries, Saint Lucia PrimeXBT, a global multi-asset broker, has expanded its regulated offerings with approval from the Financial Sector Conduct Authority (FSCA) in South Africa to provide crypto services. This development strengthens PrimeXBT’s presence in one of Africa’s leading financial markets and supports the company’s broader mission to advance regulated crypto …

Crypto funds post $286M inflows as Ether tops buying: CoinShares

Ether led last week’s $286 million of net inflows to crypto ETPs, while Bitcoin investment products saw outflows of $8 million, CoinShares reported. Cryptocurrency investment products maintained their multi-week inflow streak last week despite significant selling pressure stemming from Bitcoin’s drop to $103,000. Global crypto exchange-traded products (ETPs) recorded $286 million of inflows in the …

UK-listed IG Group launches crypto trading to retail investors

The new launch expands IG’s existing cryptocurrency offering, as the company has previously offered crypto-based contracts for difference. IG Group, a United Kingdom-listed trading and financial services company, is launching cryptocurrency trading to retail investors, expanding its footprint in the digital assets space. IG customers can now access 31 crypto assets, including Bitcoin (BTC), Ether …

France charges 25 over crypto kidnapping spree in Paris

French prosecutors charged 25 people over a wave of crypto-related kidnappings. However, the masterminds remain at large. French authorities have charged 25 individuals, including six minors, over a series of kidnappings and attempted abductions linked to the country’s cryptocurrency sector. The group, aged between 16 and 23, faces charges connected to multiple plots targeting prominent …

World Vision first nonprofit to trade crypto in South Korea after ban lifted

World Vision cashed out nearly $1,500 worth of Ether received in a campaign in March that asked Upbit users to donate to help kids who can’t afford school supplies. Humanitarian aid organization World Vision Korea is the first nonprofit to sell crypto in South Korea after the country ushered in new rules around institutional crypto …

Hackers now pose as security companies to frame victims while stealing private keys

Cybercriminals are adopting increasingly deceptive tactics to target crypto users, with some now posing as blockchain security companies. Their aim is to steal assets and implicate their victims in the process, making it harder for them to seek redress. This evolution comes amid a sharp rise in crypto-related losses. In May 2025 alone, hackers and …

US government has now lost $21 billion selling seized Bitcoin we once fought to freeze

Twelve years ago, hardcore Bitcoin users begged developers to “nuke” coins held in a US government wallet captured from Silk Road. They feared the feds could dump the stash and crush the market, or worse, wield it as monetary power. Yet in March, the White House quietly ordained those same confiscated coins part of a new …

TradFi giant and FTSE-listed IG launches retail crypto trading in UK with Uphold tomorrow

IG Group will allow retail investors in the United Kingdom to trade 38 cryptocurrencies on its multi-asset platform from Tuesday, June 3, becoming the first London-listed broker to offer spot tokens. The firm’s integration relies on a partnership with digital-asset exchange Uphold, which will provide custody and execution services. The Financial Services Compensation Scheme does …

Elon Musk launches XChat with ‘Bitcoin-style encryption’ amid crypto debate

Elon Musk has announced a novel update to X, the social media platform formerly known as Twitter. A new feature, called XChat, is now rolling out, offering private messaging secured by what Musk calls “Bitcoin-style encryption.” He stated: “All new XChat is rolling out with encryption, vanishing messages and the ability to send any kind …

Elon Musk Claims ‘Bitcoin Style’ Encryption for New XChat Features

Elon Musk has announced that the new XChat feature on the X platform will incorporate “Bitcoin style” encryption, enhancing user privacy and security. According to Musk’s recent post, the updated XChat will include features such as encryption, vanishing messages, and the ability to send various file types, along with audio and video calling capabilities. The …

An Orb by Delivery: World Launches at-Home Iris Scanning in Argentina

World, the proof of personhood and wallet platform, will allow users in Argentina to request a domiciliary iris scan for verification. This new feature is currently available only in the capital but will be extended nationwide. World Starts Rolling out Domiciliary Iris Scans in Argentina World is executing measures to ease access to its verification …

Metaplanet Acquires Additional 1,088 Bitcoin, Boosting Total Holdings to 8,888 BTC

Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced the acquisition of an additional 1,088 BTC as part of its ongoing Bitcoin Treasury Operations. The latest purchase was made at an average price of 15,519,019 yen per bitcoin, totaling approximately 16.885 billion yen. With …

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