Huione Guarantee, a Cambodian online financial platform linked to the nation’s ruling family, is a marketplace enabling the global scam economy, particularly pig-butchering scams, to the tune of $11 billion, a report by Wired alleges.Source
BTC held largely steady amid the continued divestment of coins, having failed to keep gains above $59,000 during the Asian hours.Source
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.Source
Former President Donald Trump’s recent embrace of cryptocurrency after his long-standing skepticism may win him some votes among reluctant Republicans as he seeks a return to the White House in November, according to an industry-sponsored poll released on Wednesday.Source
The broker initiated coverage on miners Iren Energy and Corz Scientific with outperform ratings.Source
Funding rates in perpetual futures tied to TIA are most negative since January, indicating a bias for shorts or bearish bets.Source
The market will have to absorb between $4-$6 billion worth of bitcoin selling pressure throughout the summer months, weighing on prices, K33 Research said.Source
Web3 games are much, much better than they used to be. Longtime gamer David Morris ranks the gameplay, graphics and tokenomics of popular franchises like Gods Unchained, Pixels and, yes, Hamster Kombat.Source
Since confiscating nearly 50,000 bitcoin in January, Germany’s state of Saxony has sold over half of its initial holdings, causing distress in the crypto market.Source
There are several ways to front-run a pending bitcoin transaction. One in particular could lead to private mempools, and thus centralization of authority on the blockchain.Source