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Cryptography News
Coindoo
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OKX Proof of Reserves Report Shows Asset Shifts in May
- Bitcoin holdings on OKX decreased by 6% to 125,000 BTC in May.
- Ethereum balances rose by 5.66% to 1.87 million ETH.
- Tether (USDT) saw the most significant increase, jumping 11.46% to 8.75 billion USDT.
- OKX's Proof of Reserves initiative aims to enhance transparency and trust by allowing independent verification of user assets through a Merkle Tree-based system.
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Coindoo
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Top Cryptos to Buy in June: Will XRP, SUI or Unilabs Reach $6 First?
- Investors are closely watching Unilabs (UNIL), Sui blockchain, and XRP news amidst a market pullback to enter at the right moment.
- UNIL surpasses $2 million in presale, XRP faces regulatory pressure, Sui blockchain maintains support levels - all contenders to reach $6 valuation.
- XRP awaits positive news for trend reversal, potentially reaching $6 with a 200% rally by late 2026.
- SUI blockchain regains confidence post-hack, aiming for $6 with a 100% surge by end of 2025; UNIL favored for remarkable performance and explosive growth potential.
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Coinjournal
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Solana price falls 18% in May as SEC scrutiny cuts open interest by $330M
- Open interest in SOL derivatives falls from $3.20B to $2.87B.
- Price faces resistance at 50-day EMA, $150 is key support.
- Polymarket shows 80% odds of Solana ETF approval.
- Solana price falls 18% in May as SEC scrutiny impacts open interest and triggers bearish sentiment in the market.
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Coindoo
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Fake Security Firms Target Crypto Users in Rising Scam Wave
- Sophisticated scams targeting crypto users have been on the rise, draining funds and complicating recovery efforts for victims.
- In May 2025, users lost over $244 million to hacks and fraud, with total losses for the year surpassing $2 billion, highlighting the growing effectiveness of fraudulent operations.
- Founder of SlowMist, Yu Xian, warned about fake security firms impersonating legitimate services on X, leading to wallet compromises and further harm to users.
- Scammers use phishing tools that mimic real apps, exploiting panic and misdirection to deceive users, even replicating profiles of trusted crypto analysts to gain credibility.
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Coinjournal
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Tron hits $121.2B in monthly transfers as TRX overtakes Cardano
- Tron's native token, TRX, achieved a record monthly transfer volume of 490.3 billion tokens in May 2025, valued at $121.2 billion, up 34% from April and 990% from the same month last year.
- Tron has surpassed Cardano to become the world's ninth-largest cryptocurrency by market capitalization, with TRX having a market cap of $25.6 billion compared to Cardano's $24.1 billion.
- Tron leads global stablecoin flows, outperforming Ethereum, Polygon, and Binance Smart Chain in Tether usage across continents such as Latin America, Africa, Asia, North America, and Europe.
- TRX transaction volume rose 34% from April and nearly 10x year-on-year, supported by growing user adoption, integration with major applications, and the network's capacity for micropayments and remittance services.
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Coindoo
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Ethereum Leads Weekly Crypto Inflows as Bitcoin Pulls Back
- Overall assets under management (AuM) in the crypto market declined from $187 billion to $177 billion due to broader market corrections.
- Ethereum attracted $321 million in new investments, leading all assets with its sixth consecutive week of inflows, totaling $1.19 billion.
- Bitcoin's momentum reversed midweek, resulting in $8 million in outflows, breaking a six-week streak of $9.6 billion in inflows.
- The U.S. remained the largest contributor to crypto inflows, while Hong Kong saw a surge with $54.8 million in inflows, its strongest weekly performance since launching exchange-traded products last year.
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Bitcoinmagazine
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Metaplanet Acquires 1,088 More Bitcoin, Bringing Total Holdings to 8,888 BTC
- Metaplanet, Japan’s leading Bitcoin treasury firm, has acquired an additional 1,088 Bitcoin for approximately ¥16.89 billion.
- This brings the company’s total Bitcoin holdings to 8,888 BTC.
- Metaplanet continues to report gains under its BTC Yield metric, with QTD yield at 66.3% as of June 2, 2025.
- Metaplanet's strong financial performance and strategic Bitcoin accumulation have attracted investors, positioning it as a key investment vehicle for Bitcoin exposure.
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Cryptoticker
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Zcash Price Explodes Past $50: What’s Next?
- Zcash (ZEC) price has surged past $50 and is eyeing higher resistance levels, indicating a bullish trend.
- Technical indicators and bullish momentum support the possibility of further gains for ZEC.
- On the daily chart, ZEC price needs to surpass $52.80 to target Fibonacci resistance levels at around $56.40, $60.10, and $65.00.
- Moving averages confirm the trend reversal, with potential for ZEC price to rally towards $60–$65 in the next 7–14 days.
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Coindoo
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Singapore’s Central Bank Sets June 30 Deadline for Crypto Firms’ Overseas Services
- Singapore's central bank, the Monetary Authority of Singapore (MAS), has set a June 30 deadline for all local entities offering digital token (DT) services overseas to either obtain a license or cease operations.
- There will be no transitional grace period provided, and noncompliance could result in fines up to SGD 250,000 (approx. $200,000) and a maximum prison term of three years.
- Only firms already licensed or exempted under existing financial laws in Singapore may continue offering DT services abroad without contravening the new regulatory framework.
- This regulatory move aims to strengthen control over digital assets and ensure compliance standards for all crypto activities linked to Singapore.
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Coindoo
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FloppyPepe Demand Hits Insane Levels After Stage 1 Closes — Here’s What’s Coming Next
- FloppyPepe (FPPE) generated significant interest in the crypto community after its Stage 1 presale sold out quickly, sparking attention from investors and influencers.
- FloppyPepe saw strong early performance with $2.15 million raised, ongoing presale, and upcoming listings on Uniswap and Tier 1 centralized exchanges.
- The project's growth is driven by 'Floppynomics,' AI-powered tools like Meme-o-Matic platform, and strategic partnerships, positioning it as a top-tier token.
- Security measures, community engagement initiatives, and future plans for influencer partnerships and global campaigns are also highlighted in FloppyPepe's roadmap for growth.
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Cryptopotato
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USDT0 Introduces XAUt0, Modernizing Access to Gold with True Digital Ownership
- USDT0 has launched XAUt0, the omnichain evolution of Tether Gold, enabling users to own physically backed gold tokens on various blockchains.
- XAUt0 allows seamless movement of gold assets across different blockchains, offering true ownership rights and interoperability for users.
- Tether Gold (XAUt) was an early project to combine physical gold with blockchain transparency, providing a reliable hedge against inflation.
- XAUt0 integration with leading blockchains allows for diverse financial applications like lending and liquidity pools.
- Each XAUt token represents ownership of one fine troy ounce of gold on a London Good Delivery bar stored in a Swiss vault.
- XAUt0's partnership with The Open Platform aims to bring tokenized gold to millions of users within the Telegram ecosystem on The Open Network.
- XAUt0 provides advantages over physical gold such as 24/7 access, secure digital storage, infinite divisibility, and physical redemption options.
- The launch of XAUt0 revolutionizes digital ownership of gold, offering a seamless and accessible solution in the decentralized ecosystem.
- USDT0's mission is to unify liquidity and make digital assets borderless, and XAUt0 expands this mission to include physically backed gold.
- Everdawn Labs, a software development firm, manages USDT0 and contributes to the development of XAUt0, bringing innovation to digital assets.
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Cryptoticker
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Top Meme Coins May 2025 Recap & June Meme Coin Price Predictions
- In May 2025, meme coin market saw legacy tokens like $DOGE and $SHIB holding ground, while newcomers like $SPX6900, $FARTCOIN, and $BONK gained spotlight with community-driven hype.
- Top meme coin performers since launch are Shiba Inu (SHIB) and Dogecoin (DOGE), while newer tokens like Fartcoin and Pepe are gaining traction for potential growth in June.
- Year-to-date best performers include politically charged $TRUMP, SPX6900, and Fartcoin, with expectations of TRUMP's potential resurgence and SPX6900 and Fartcoin attracting more investments.
- In May 2025, top meme coin performers were SPX6900, Pepe, Dogwifhat (WIF), and BONK, with expectations for SPX6900 to continue its momentum in June and WIF and BONK to possibly breakout.
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Coindoo
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Over $3 Million Drained in Force Bridge Exploit on Nervos Network
- Hackers exploited the Nervos Network bridge, draining over $3 million in digital assets, including USDT, ETH, USDC, DAI, and wrapped bitcoin.
- The stolen funds were laundered through Tornado Cash, a mixing service used to conceal transaction trails, complicating recovery efforts and obscuring attackers' identities.
- The Nervos team paused the bridge operations and launched an investigation to trace the exploit and enhance platform security.
- This incident highlights the vulnerabilities in cross-chain systems in the decentralized finance sector, emphasizing ongoing risks in interchain infrastructure.
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Bitcoinmagazine
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Freedom, Decentralization and Unity: Stay True to These Principles and the Future Is Ours, Says Ross Ulbricht
- Ross Ulbricht emphasized the principles of freedom, decentralization, and unity during his speech at the 2025 Bitcoin Conference in Las Vegas.
- He highlighted the power of Bitcoin for enabling financial freedom and emphasized that decentralization empowers every individual in the network.
- Ulbricht urged for unity, sharing his experience of receiving support while in prison and emphasized the significance of staying united for achieving goals.
- He concluded by reiterating the importance of freedom, decentralization, and unity, stating that these principles pave the way for a promising future.
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Cryptopotato
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Elon Musk Faces Backlash Over ‘Bitcoin-Style Encryption’ Claim in XChat Launch
- Elon Musk announced a new encrypted messaging feature on XChat, claiming it was built on Rust with "Bitcoin style" encryption.
- Experts criticized Musk's terminology, stating that Bitcoin does not use encryption but relies on cryptographic hashing and signing for data integrity and ownership verification.
- Critics highlighted Bitcoin's lack of privacy, emphasizing that transactions are public and transparent, based on signatures for authentication, not encryption for secrecy.
- The ambiguity in Musk's statement has sparked a debate, raising concerns about his credibility among technologists and highlighting the importance of accuracy in the crypto ecosystem.
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