Australia’s national financial intelligence agency has rolled out new operating rules and transaction limits for crypto ATM operators, as federal police say scams through the kiosks are on the rise. The Australian Transaction Reports and Analysis Centre (AUSTRAC) is enforcing a 5,000 Australian dollar ($3,250) limit on cash deposits and withdrawals on crypto ATMs, scam
Robinhood Markets, Inc. has closed a $200 million acquisition of Luxembourg-based crypto exchange Bitstamp, adding over 50 licenses and registrations and an established institutional client base to its crypto arm. The $200 million consideration was unchanged from an initial agreement in June 2024 and was paid entirely in cash, Robinhood said on June 2. Source:
Discover how VNBTC is redefining free cloud mining for crypto investors, offering secure daily payouts, beginner-friendly contracts, and an expanding global ecosystem London, UK, June 02, 2025 (GLOBE NEWSWIRE) — As cloud mining becomes one of the fastest-growing passive income methods in the digital asset space, VNBTC, a free cloud mining platform, is rapidly gaining global
Curious about crypto investing but unsure where to start? You’re not alone. Interest in crypto is soaring due to its high potential return. For example, the value of one Bitcoin (BTC)—the first and most popular cryptocurrency—broke $100,000 for the first time in December 2024, while it was just above $50,000 earlier that year. However, cryptocurrencies
The US Securities and Exchange Commission (SEC) is facing mounting criticism from current and former officials over its evolving stance on crypto staking services. On May 29, the SEC’s Division of Corporation Finance issued new guidance on crypto staking services, claiming that certain offerings may not constitute securities and effectively exempting proof-of-stake blockchains from registration
Litigation risk for employers with a legal duty to monitor their employees’ 401(k) investments is set to hamper President Donald Trump‘s efforts to allow more cryptocurrency into workers’ retirement accounts. The US Labor Department is reversing Biden-era guidance that warned plans against digital currencies in workplace retirement portfolios. It’s part of a broader move by
Adam Weitsman is the billionaire owner/CEO of Upstate Shredding – Weitsman Recycling, a scrap metal processing company in Owego, New York. He is also the founder and owner of Viridium LLC, a cryptocurrency mining company. Weitsman recently sold his two-story penthouse on Florida’s Sunny Isles Beach for $28.6 million. His home is featured this week
Source: Blockchain Cloud Mining (EZ Newswire) MIAMI, FL, June 2, 2025 (EZ Newswire) — The blockchain cloud mining industry experienced rapid growth in the first quarter of 2025, with total sales of mining contracts exceeding $120 million — a 20% increase from the fourth quarter of 2024. Meanwhile, Bitcoin surpassed the $100,000 mark in May,
Travis Kling of Ikigai Asset Management shared his May highlights for bitcoin and broader crypto ecosystem, underscoring the remarkable scale of institutional adoption throughout the month. May was a blockbuster month for the crypto sector, headlined by unprecedented institutional investment, key legal developments, and heightened adoption by both private and public entities. Bitcoin reached new
Humanitarian aid organization World Vision Korea is the first nonprofit to sell crypto in South Korea after the country ushered in new rules around institutional crypto trading. World Vision Korea sold 0.55 Ether (ETH), worth roughly 1.98 million won ($1,436) on Upbit, according to a June 1 statement from Dunamu, the parent company of the