Hacked Iranian crypto exchange Nobitex slowly restores services
Iranian crypto exchange Nobitex is restoring services after a $100M hack by pro-Israel group Gonjeshke Darande. Verified users gain wallet access first, with withdrawals starting June 30. Old wallet deposits risk fund loss.
IRS Floods US Crypto Users With Notices
The IRS is increasing scrutiny on US crypto users, sending a surge of warning letters about tax filing discrepancies. Tax experts report a significant rise in inquiries compared to last year.
Unlucky trader ‘Qwatio’ liquidated 8 times in a week, loses $12.5M
Trader Qwatio lost $12.5M after eight liquidations in a week, including leveraged ETH and BTC positions. Meanwhile, James Wynn opened a 40X BTC short after past losses.
South Korea pauses CBDC tests as stablecoin fever hits banks
South Korea’s central bank postpones CBDC testing amid growing government support for stablecoins. Banks express concerns over costs and prefer issuing their own stablecoins, with plans for a won-backed stablecoin by next year.
Bitcoin News: BlackRock’s Spot Bitcoin ETF (IBIT) Snaps Four-Week Downtrend in Volumes
BlackRock’s spot Bitcoin ETF (IBIT) saw a 3.49% rise, ending a four-week volume decline with 210.02M shares traded, marking 22.2% weekly growth and $1.31B net inflows.
US Dollar Faces Historic Stress Test as BIS Issues Dire Warning on Global Fragility – Economics Bitcoin News
The BIS warns of global financial fragility as US policy chaos weakens the dollar’s safe-haven status, threatening systemic instability and eroding worldwide trust in traditional markets.
Netflix’s ‘Squid Game’ Creator Compares Rich Villains to Elon Musk – Decrypt
Squid Game creator Hwang Dong-hyuk compares the show’s wealthy villains to real-world billionaires like Elon Musk, who openly wield global influence and control systems without hiding.
SHIB Price Prediction: Whale Accumulation, ‘Inside Week’ Candle Offer Hope to Shiba Inu Bulls
Shiba Inu (SHIB) shows signs of recovery with whale accumulation and an ‘inside week’ candle pattern. Prices rose 11% recently, suggesting potential upward momentum after a 27% decline.
Top Analyst Predicts Major Ethereum Rally Toward $4,000 As Shorts Hit All-Time Highs
Analyst Cyclop predicts Ethereum could rally to $4,000 this summer, citing high short positions, the Pectra update, and growing institutional interest as key drivers.
Metaplanet surpasses Cleanspark with $108M Bitcoin buy
Japanese firm Metaplanet becomes fifth-largest corporate Bitcoin holder after purchasing 1,005 BTC for $108M, now holding 13,350 BTC worth $1.45B, surpassing Cleanspark and others.
