New Regulations: AUSTRAC imposes $5,000 transaction limits, enhanced customer due diligence, and mandatory scam warnings on crypto ATMs.
Harro’s Empires Sanctioned: The small South Australian crypto ATM operator had its registration revoked for non-compliance.
Scam Statistics: Australians lost $3 million to crypto ATM scams in the past year, with 72% of victims aged over 50.
Common Scams: Romance, investment, and extortion scams a…
Total Unlocks: $3.3 billion in crypto tokens will be unlocked in June 2025, a 32% decrease from May’s $4.9 billion.
Major Projects: Significant releases include Sui ($160 million) on June 1 and Metars Genesis ($193 million) on June 21.
Unlock Mechanisms: $1.4 billion will be released through cliff unlocks, while $1.9 billion will follow a linear release schedule.
Market Impact: The influx of tokens may lead to volatility, affectin…
The U.S. Securities and Exchange Commission (SEC) voluntarily dismissed its civil lawsuit against Binance, the world’s largest cryptocurrency exchange, on May 29, 2025, marking a shift in regulatory approach.
The SEC reportedly clarified that certain staking activities on proof-of-stake networks do not constitute securities transactions, reducing uncertainty for projects like Ethereum and Solana.
These moves signal a potential thaw i…
21Shares’ Filing: Digital asset manager 21Shares has filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) to launch a spot Dogecoin (DOGE) ETF, aiming to track the memecoin’s price.
Partnerships: The ETF will partner with the House of Doge, the corporate arm of the Dogecoin Foundation, for marketing, with Coinbase Custody as the proposed custodian.
Market Context: Dogecoin, with a $24.2 billion market cap…
GameStop purchased 4,710 Bitcoin (BTC) for approximately $512–513 million, marking its first major cryptocurrency investment.
The acquisition, announced on May 28, 2025, via X, follows a $1.5 billion convertible notes offering in April.
GME stock rose nearly 5% in pre-market trading, reflecting investor enthusiasm.
The move positions GameStop as the 13th largest public company holding BTC, aligning with the growing trend of corpor…
