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NEW YORK, June 3, 2025 /PRNewswire/ — Monarq Asset Administration (“Monarq”), a number one multi-strategy funding agency, previously often called MNNC Group, at present introduced a strategic funding from FalconX, a number one institutional digital asset prime dealer. The funding will speed up Monarq’s progress because it scales its workforce, product choices, and institutional consumer base. With a monitor document courting again to 2017 and expertise navigating a number of market cycles, Monarq is led by alumni from prestigious companies like LedgerPrime, Tower Analysis, and BlockTower. The agency deploys quantitative, delta-neutral, and directional methods throughout each centralized and decentralized venues,…

Robinhood Markets, Inc. has formally accomplished its $200 million all-cash acquisition of Bitstamp, a cryptocurrency alternate primarily based in Luxembourg. This strategic transfer bolsters Robinhood’s crypto division with greater than 50 regulatory licenses and registrations, and introduces a seasoned institutional consumer base into its ecosystem. Robinhood’s Acquisition of Bitstamp Bitstamp is now a part of Robinhood, including a globally-scaled crypto alternate and our first-ever institutional crypto enterprise. Our work is simply starting. https://t.co/VDjGS1KuBb — Vlad Tenev (@vladtenev) June 2, 2025 Introduced on June 2nd, Robinhood confirmed that the agreed $200 million buy value , which was initially set in June…

Taiwan cryptocurrency change BitoPro has confirmed a hacking incident following blockchain analyst ZachXBT’s identification of roughly $11.5 million value of shady sizzling pockets withdrawals from the change. The hack occurred on Could 8, 2025. It affected wallets on numerous networks together with Tron, Ethereum, Solana, and Polygon. ZachXBT’s analysis revealed that hackers market-sold stolen property by means of decentralized exchanges earlier than laundering the proceeds by means of Twister Money and bridging funds to Bitcoin through THORChain. The transformed Bitcoin was subsequently deposited to Wasabi, a privacy-focused pockets service. Initially, BitoPro didn’t formally disclose the incident on social media platforms.…

Castries, Saint Lucia, June 2nd, 2025, Chainwire PrimeXBT, a world multi-asset dealer, has expanded its regulated choices with approval from the Monetary Sector Conduct Authority (FSCA) in South Africa to supply crypto companies. This growth strengthens PrimeXBT’s presence in one in every of Africa’s main monetary markets and helps the corporate’s broader mission to advance regulated crypto entry worldwide. With this up to date licence in place, PrimeXBT is now providing merchants a safe and trusted atmosphere to deposit, withdraw, commerce, and convert digital property. South African shoppers acquire entry to crypto-funded accounts on MT5, PXTrader, and Crypto Futures, with…

As South Korea’s voters will head to the polls on Tuesday to vote within the present presidential election, the large questions on nations’ crypto stance has grow to be ever extra clear. It is because, whatever the final result, the crypto trade will profit, as each main candidates, Lee Jae-myung and Yoon Suk-yeol, have promised to loosen rules and develop avenues for crypto entry.  Crypto Will get Political in South Korea Candidate Lee Jae-myung has proposed the legalization of a spot crypto ETF and even permitting South Korea’s $884 billion pension fund to spend money on crypto belongings. He additionally…

As Bitcoin continues to interrupt new value information, extra traders are turning to mining as a option to generate constant passive revenue. Nevertheless, conventional mining requires costly {hardware}, technical know-how, and excessive vitality prices—obstacles that cease most individuals from getting began. That’s the place XY Miners steps in. With its newly launched free Bitcoin cloud mining program, anybody can begin mining Bitcoin remotely with none upfront funding. The platform permits customers to faucet into skilled mining farms and earn as much as $3,000 per day—all from the consolation of dwelling. Whether or not you’re new to crypto or a seasoned…

As of Could 31, 2025, cloud mining continues to revolutionize how people earn cryptocurrency, enabling anybody with a smartphone to mine Bitcoin and different digital belongings with out the trouble of {hardware} or technical experience. By renting computational energy from distant information facilities, you possibly can generate passive revenue immediately out of your telephone. However can you actually earn $99,999 by way of cloud mining in 2025? With the correct platform, strategic investments, and market timing, this formidable purpose is achievable.  On this article, we dive into the highest 5 cloud mining apps of 2025, spotlighting HashFly—a worldwide chief within…

George City, Grand Cayman, Might thirtieth, 2025, Chainwire Zircuit, the chain the place innovation meets safety, introduced the launch of non-custodial pockets top-ups for Crypto.com Visa Playing cards. This new integration permits customers to seamlessly fund their playing cards through Zircuit. Now stay within the Crypto.com App, this characteristic permits customers to attach a non-custodial pockets to their Crypto Pockets and switch ZRC through Zircuit Chain. Customers can convert the property into supported tokens like USDC or ETH as wanted to finish the top-up course of. This makes it simpler than ever to spend crypto wherever Visa is accepted. “At…

  Pepe Coin value surged 60% up to now month, exhibiting robust purchaser help. The meme coin is at present hovering above the help ranges. PEPE value could attain 2x in June, signaling regular development. Pepe coin (PEPE) value, a preferred meme-based coin on the Ethereum community, has gained consideration since its launch in April 2023. Impressed by the enduring Pepe the Frog meme, the token shortly climbed to a market capitalization of $5.76 billion, securing the twenty fifth spot on CoinMarketCap.  The meme coin hit an ATH of $0.00002803, buying and selling about 50% just under that peak. Regardless…

FTX will distribute over $5 billion in stablecoins on Could 30. Restoration charges differ by creditor class below FTX’s Chapter 11 plan. The payout could increase crypto liquidity and set off a market rally. FTX plans to launch greater than $5 billion in stablecoins to collectors on Could 30, marking its second main payout since chapter. This cost targets customers with balances exceeding $50,000. It follows an earlier payout of $7 billion made in February 2025. Collectively, these repayments complete over $12 billion, the most important restoration in crypto chapter historical past. The payout accounts for practically 2% of all…