Radhika Parashar
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WazirX Restructuring Plan Rejected By Singapore High Court; Crypto Firm to Appeal Decision
WazirX users affected by the $230 million (roughly Rs. 1,970 crore) hack are set to face further delays before their money is reimbursed. On Wednesday, the Singapore High Court rejected the crypto exchange's restructuring scheme, despite it receiving approval from creditors in April. WazirX requires the court's permission to execute the restructuri...
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Australia Limits Crypto ATM Transactions to AUD 5,000 in Bid to Curb Scams, Money Laundering
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has enforced a deposit and withdrawal limit of AUD 5,000 (roughly Rs. 2.78 lakh) on transactions processed via crypto ATMs. The agency highlighted that elderly individuals are purchasing cryptocurrencies via cash -- with many falling prey to notorious scams and fraudulent schemes.
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Bitcoin Stabilises at Around $105,500, Most Altcoins See Minor Profits
The valuation of the crypto sector rose slightly by 0.41 percent in the last 24 hours. Bitcoin and Ether, both saw minor gains on Wednesday, June 4. Tether, Ripple, and Solana also registered small profits on the price chart.
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Singapore Directs Crypto Firms to Halt Overseas Operations in Crackdown on Unlicensed Providers
The Monetary Authority of Singapore (MAS), recently outlined certain requirements to be fulfilled by the "Digital Token Service Providers (DTSPs) in Singapore, in order to establish more control over crypto-related services. The MAS has also decided to limit licensing for DTSPs.
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Robinhood Acquires Bitstamp for $200 Million, Adds Over 50 Licences to Network
Robinhood has officially acquired Luxembourg-headquartered crypto exchange Bitstamp. In an announcement posted on June 2, Robinhood revealed that it paid $200 million (roughly Rs. 1,709 crore) in cash to complete this acquisition.
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Meta Shareholders Vote Against Bitcoin Treasury Assessment ProposalÂ
In a landslide majority, Meta's stakeholders have decided to not allocate any portion of the company's assets into Bitcoin for now. The volatility of Bitcoin emerged as a matter of concern for Meta.Â
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Bitcoin Falls to $104,900 as Market Undergoes Correction Phase, Most Altcoins See Losses
The overall crypto market cap fell by under one percent in the last 24 hours. Bitcoin and Ether, both registered losses on Monday, June 2. Tether, Solana, and Dogecoin saw losses alongside BTC and ETH. Tron and Monero, meanwhile, logged minor gains.
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Starknet Foundation’s James Strudwick on Why Web3 Gaming Adoption Remains StagnantÂ
James Strudwick, executive director of Web3 firm Starknet Foundation, told Gadgets 360 that although Web3 gaming's growth might have appeared sluggish on the surface, the ecosystem had managed to make gradual progress in recent times. Strudwick said that onboarding challenges, unfamiliar UX, and limited awareness were among crucial factors that wer...
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Crypto Price Today: Bitcoin Falls to $106,000 Mark as Market Consolidates, Most Altcoins Dip
The crypto market cap tumbled by two percent in the last 24 hours. Both Bitcoin and Ether reflected minor dips on Friday. Solana, Cardano, and Tron also saw price drops alongside BTC and ETH. Ardor and Status are among a handful of altcoins in seeing small gains.Â
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Airtel Chairman Sunil Mittal Urges Government to Introduce Regulatory Framework for AI, CryptoÂ
Sunil Mittal has urged the government to set clear crypto rules to oversee the sector. The Airtel founder was speaking at the Confederation of Indian Industry's (CII) Annual Business Summit 2025, where he addressed the recent growth of the digital assets sector.
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Bitcoin will Hold Strategic Importance to Strengthen US' Position Against China, Says JD Vance
On May 28, JD Vance took centre stage at the ongoing Bitcoin Conference in Las Vegas. As part of his 45-minute-long address, the US Vice President stated that Bitcoin will be strategically integrated into the US financial system to strengthen its position against China as tensions between the two nations remain volatile and intense.
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Luxembourg Labels Crypto Firms as High-Risk Entities for Money LaunderingÂ
Luxembourg, in its 2025 National Risk Assessment (NRA) report, the country said that crypto companies are at a high risk of being exploited by money launderers. The report also highlighted that human traffickers and migrant smugglers in the region are heavily relying on cryptocurrencies to accumulate, hold, and transfer illicit earnings.
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Crypto Price Today: Bitcoin, Ether Maintain Profit Streak Alongside Most Altcoins as Market Consolidates
The overall market cap rose by less than one percent in the last 24 hours. Bitcoin and Ether registered minor gains on Wednesday, May 28. Solana, Avalanche, and Shiba Inu saw gains. Meanwhile, some altcoins such as Cardano and Dogecoin registered losses.
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Elon Musk Says X Money Payments Will Launch in 'Very Limited Access Beta' Soon
Elon Musk has revealed that the X Money service will undergo a limited beta testing before being launched. This X Money platform is expected to debut later this year with support for crypto transactions, especially those being facilitated through Bitcoin.
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Dubai's Real Estate Tokenisation Pilot Goes Live on Dedicated Platform Prypco Mint: Details
Dubai has launched pilot trials for real estate tokenisation this week. During the trial phase, all transactions will be conducted exclusively in Dirhams, with cryptocurrencies temporarily excluded from the process.
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WazirX Restructuring Plan Rejected By Singapore High Court; Crypto Firm to Appeal Decision
WazirX users affected by the $230 million (roughly Rs. 1,970 crore) hack are set to face further delays before their money is reimbursed. On Wednesday, the Singapore High Court rejected the crypto exchange's restructuring scheme, despite it receiving approval from creditors in April. WazirX requires the court's permission to execute the restructuri...
-
Australia Limits Crypto ATM Transactions to AUD 5,000 in Bid to Curb Scams, Money Laundering
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has enforced a deposit and withdrawal limit of AUD 5,000 (roughly Rs. 2.78 lakh) on transactions processed via crypto ATMs. The agency highlighted that elderly individuals are purchasing cryptocurrencies via cash -- with many falling prey to notorious scams and fraudulent schemes.
-
Bitcoin Stabilises at Around $105,500, Most Altcoins See Minor Profits
The valuation of the crypto sector rose slightly by 0.41 percent in the last 24 hours. Bitcoin and Ether, both saw minor gains on Wednesday, June 4. Tether, Ripple, and Solana also registered small profits on the price chart.
-
Singapore Directs Crypto Firms to Halt Overseas Operations in Crackdown on Unlicensed Providers
The Monetary Authority of Singapore (MAS), recently outlined certain requirements to be fulfilled by the "Digital Token Service Providers (DTSPs) in Singapore, in order to establish more control over crypto-related services. The MAS has also decided to limit licensing for DTSPs.
-
Robinhood Acquires Bitstamp for $200 Million, Adds Over 50 Licences to Network
Robinhood has officially acquired Luxembourg-headquartered crypto exchange Bitstamp. In an announcement posted on June 2, Robinhood revealed that it paid $200 million (roughly Rs. 1,709 crore) in cash to complete this acquisition.
-
Meta Shareholders Vote Against Bitcoin Treasury Assessment ProposalÂ
In a landslide majority, Meta's stakeholders have decided to not allocate any portion of the company's assets into Bitcoin for now. The volatility of Bitcoin emerged as a matter of concern for Meta.Â
-
Bitcoin Falls to $104,900 as Market Undergoes Correction Phase, Most Altcoins See Losses
The overall crypto market cap fell by under one percent in the last 24 hours. Bitcoin and Ether, both registered losses on Monday, June 2. Tether, Solana, and Dogecoin saw losses alongside BTC and ETH. Tron and Monero, meanwhile, logged minor gains.
-
Starknet Foundation’s James Strudwick on Why Web3 Gaming Adoption Remains StagnantÂ
James Strudwick, executive director of Web3 firm Starknet Foundation, told Gadgets 360 that although Web3 gaming's growth might have appeared sluggish on the surface, the ecosystem had managed to make gradual progress in recent times. Strudwick said that onboarding challenges, unfamiliar UX, and limited awareness were among crucial factors that wer...
-
Crypto Price Today: Bitcoin Falls to $106,000 Mark as Market Consolidates, Most Altcoins Dip
The crypto market cap tumbled by two percent in the last 24 hours. Both Bitcoin and Ether reflected minor dips on Friday. Solana, Cardano, and Tron also saw price drops alongside BTC and ETH. Ardor and Status are among a handful of altcoins in seeing small gains.Â
-
Airtel Chairman Sunil Mittal Urges Government to Introduce Regulatory Framework for AI, CryptoÂ
Sunil Mittal has urged the government to set clear crypto rules to oversee the sector. The Airtel founder was speaking at the Confederation of Indian Industry's (CII) Annual Business Summit 2025, where he addressed the recent growth of the digital assets sector.
-
Bitcoin will Hold Strategic Importance to Strengthen US' Position Against China, Says JD Vance
On May 28, JD Vance took centre stage at the ongoing Bitcoin Conference in Las Vegas. As part of his 45-minute-long address, the US Vice President stated that Bitcoin will be strategically integrated into the US financial system to strengthen its position against China as tensions between the two nations remain volatile and intense.
-
Luxembourg Labels Crypto Firms as High-Risk Entities for Money LaunderingÂ
Luxembourg, in its 2025 National Risk Assessment (NRA) report, the country said that crypto companies are at a high risk of being exploited by money launderers. The report also highlighted that human traffickers and migrant smugglers in the region are heavily relying on cryptocurrencies to accumulate, hold, and transfer illicit earnings.
-
Crypto Price Today: Bitcoin, Ether Maintain Profit Streak Alongside Most Altcoins as Market Consolidates
The overall market cap rose by less than one percent in the last 24 hours. Bitcoin and Ether registered minor gains on Wednesday, May 28. Solana, Avalanche, and Shiba Inu saw gains. Meanwhile, some altcoins such as Cardano and Dogecoin registered losses.
-
Elon Musk Says X Money Payments Will Launch in 'Very Limited Access Beta' Soon
Elon Musk has revealed that the X Money service will undergo a limited beta testing before being launched. This X Money platform is expected to debut later this year with support for crypto transactions, especially those being facilitated through Bitcoin.
-
Dubai's Real Estate Tokenisation Pilot Goes Live on Dedicated Platform Prypco Mint: Details
Dubai has launched pilot trials for real estate tokenisation this week. During the trial phase, all transactions will be conducted exclusively in Dirhams, with cryptocurrencies temporarily excluded from the process.
