WBT, the utility token of the crypto exchange WhiteBIT, emerged as the top-performing coin today, defying the broader bearish market trend triggered by Israel’s attack on Iran earlier today. According to data from crypto.news, WhiteBIT Coin (WBT) rallied for the third straight day, hitting a new all-time high of $34.3 on June 13 afternoon Asian…
Chinese tech giant Tencent is reportedly considering an acquisition of South Korean game developer Nexon. A Bloomberg report citing unnamed sources claimed that Tencent has approached the family of Nexon’s late founder, Kim Jung-ju, to explore a potential deal. While discussions have taken place, no final terms have been agreed upon, and it remains unclear…
A strategic equity line gives the Nasdaq-listed company flexible $5 billion in buying power for SOL tokens while compounding staking yields in a bold crypto treasury play. On June 12, Solana (SOL)-focused crypto treasury firm DeFi Development Corp. announced it has secured a $5 billion line of credit to accumulate additional SOL tokens and accelerate…
Outgoing Financial Stability Board Chair Klaas Knot has warned that crypto may pose a threat to global financial stability, citing growing connections between crypto and traditional finance. The FSB has long maintained that “crypto does not yet pose a systemic risk, but recent developments suggest we may be approaching a tipping point,” Knot said while…
What started as a simple daily habit has officially grown into a million-dollar Bitcoin portfolio, after several years of quiet, consistent accumulation. According to data recently shared on social media platform X (formerly Twitter), an anonymous investor who purchased $30 worth of Bitcoin (BTC) every single day for the past 7 years, 10 months, and…
Alchemy Pay has partnered with Backed to launch tokenized stocks and ETFs on its RWA platform, allowing non-U.S. users in 170+ countries invest in top global equities and ETFs in their local fiat currencies. Alchemy Pay, the leading fiat-crypto payment gateway, just announced that it has partnered with equity tokenization firm Backed. Through this partnership,…
With market sentiment improving, memecoins are taking center stage in this week’s crypto rally, driven by cooling US–China trade tensions and softer US inflation data that has revived hopes of earlier Fed rate cuts. Following these developments, the global crypto market cap climbed to $3.59 trillion on June 11, with daily trading volume hitting $135.14…
FLR, the native token of Layer-1 blockchain Flare, is showing early signs of a bullish breakout following its partnership with a NASDAQ-listed company. In a June 11 post on X, Flare announced that it is teaming up with VivoPower International, a multinational sustainable energy firm, to help generate yield on VivoPower’s XRP holdings. VivoPower will…
Japan will reportedly urge G7 nations to take coordinated action against North Korea’s cryptocurrency thefts at the upcoming summit in Canada. According to local media, Prime Minister Shigeru Ishiba is expected to raise the issue during the G7 meetings scheduled from June 15 to 17, citing the growing threat of cyber-enabled financial crime linked to…
French authorities have arrested more suspects believed to be linked to a string of violent abductions targeting cryptocurrency executives and their families. According to a June 11 Barron’s report, the latest arrests were made on Tuesday as part of the ongoing investigation into a kidnapping-for-ransom operation. Officials have not disclosed the exact number of suspects…
