News linked to this event type.
Adam Iza, a California cryptocurrency executive, admitted on Monday to orchestrating an attempted kidnapping of Veer Chetal's parents. The case is related to the $245 million Bitcoin theft that Veer Chetal was previously involved in.Adam Iza, 25, also known as Ahmed Faiq, who ran the crypto trading company Zort and called himself the "Godfather," along with Veer Chetal and two others, impersonated technical support staff from Google and crypto exchanges to steal 4,100 Bitcoins from a Washington resident, valued at approximately $245 million at the time. Adam Iza and his accomplices attempted to obtain part of the stolen funds by kidnapping Veer Chetal's parents. Additionally, Adam Iza admitted to fraudulently accessing Meta's business manager accounts and credit lines to steal over $37 million between 2020 and 2022. Federal prosecutors are seeking at least 14 years in prison for his sentence. (fortune)
prediction market platform Kalshi announced on platform X that Bitcoin perpetual contracts are now officially online. This marks the first U.S. regulatory-approved Bitcoin perpetual contract product. The product is a perpetual contract referencing the spot price of Bitcoin and is classified as a futures contract. The U.S. Commodity Futures Trading Commission previously stated that, following review, the BTCPERP contract complies with the Commodity Exchange Act and relevant regulatory requirements, including the core principles applicable to Designated Contract Markets (DCM).
edgeX issued a statement regarding the abnormal price fluctuation of $EDGE on June 2, 2026, at midnight, clarifying that this incident was an attack targeting the $EDGE token’s price. The edgeX protocol remained fully operational throughout, and user assets were secure at all times. The team’s wallet address is verifiable on-chain and shows no evidence of selling, price manipulation, or any other improper activity.
According to an official announcement, Gate will list Tea (TEA) for spot trading on June 4 at 08:00 (UTC+8) and will list Tea (TEA) on its flash exchange platform at 09:00 (UTC+8).
: “New Stock God” Serenity posted on platform X, stating that the proposal for the EU Chips Act 2.0 has been officially released. Photonics technology has been confirmed as a structural component of EU policy, which constitutes a long-term positive for the photonics industry. The proposal explicitly supports the development of photonic integrated circuits (PICs) and related technologies. This includes building and strengthening the advanced design, prototyping, and industrialization capabilities for PICs, expanding the EU's design capabilities in the photonics field, supporting pilot production lines and open semiconductor manufacturing facilities for PICs and related technologies, and developing and maintaining design libraries and design automation tools for PICs. The key policy directions include:1. Co-packaged optics (CPO/interconnects) for AI data centers, benefiting Sivers (SIVE)2. Silicon photonics applications for high-bandwidth data center interconnects, benefiting X-FAB (XFAB)3. Strengthening production technical capabilities for photonic integrated circuits, including co-packaging, heterogeneous integration, and material platforms4. The strategic position of SOI wafers within the EU is confirmed, with Soitec and Siltronic being key participantsSerenity's analysis indicates that the Act structurally benefits leading European photonics companies, especially those involved in AI data centers. It is expected that related stocks will benefit sequentially within 3 to 15 months after the policy release, and the market may have already started to react in a forward-looking manner.
According to an official announcement, Coinbase has added support for the ETH-INR and SOL-INR trading pairs for Indian users. These trading pairs will initially launch on Coinbase Exchange and will be progressively rolled out to Coinbase.com, the Coinbase App, and Coinbase Advanced.
Matt Hougan, Chief Investment Officer at Bitwise, stated that institutions—like large oil tankers—have now reoriented themselves to support cryptocurrencies, tokenization, and stablecoins. He believes this trend will not slow down, regardless of price performance.
: According to an official announcement, on June 3, Trust Wallet announced a partnership with BNB Chain and CoinMarketCap to officially launch the "BNB Hack: AI Trading Agents" hackathon, featuring a total prize pool of $36,000. The Trust Wallet Agent Kit serves as the core on-chain execution technology stack for this event. This hackathon also marks the first time the Trust Wallet Agent Kit has been fully integrated as a core infrastructure component into a top-tier AI Agent hackathon system.The hackathon features two main tracks: "Autonomous Trading Agents" (prize pool $24,000, 5 winners) and "Strategy Skills" (prize pool $6,000, 3 winners), in addition to three partner special awards of $2,000 each. In the "Autonomous Trading Agents" track, participants must leverage the Trust Wallet Agent Kit to achieve local self-custodial signing, autonomous mode operation, and on-chain trade execution, deployed within native BNB Chain scenarios such as PancakeSwap and BSC Perpetual Contracts. The "Strategy Skills" track does not require an execution layer; participants build backtestable strategy proposals based on 12 categories of data tools from CoinMarketCap MCP, including market data, technical indicators, on-chain data, sentiment, and news.Track one uses real PnL as the core evaluation criterion, setting a maximum drawdown limit as the risk control threshold. Track two is comprehensively scored by a judging panel across four dimensions: technical execution, originality, real-world value, and presentation. The build window runs from June 3 to June 21, the trading window from June 22 to June 28, and winners will be announced during the week of July 6. In addition to cash prizes, winning teams will receive CoinMarketCap Pro API subscription credits, mentorship from CMC Labs, and the BNB Chain Kickstart ecosystem support package.
According to reports from Iran's Mehr News Agency on the 3rd, the draft regarding the management of the Strait of Hormuz has entered the review stage of Iran's Supreme National Security Council. After the final opinion is formed, it will be submitted to the full session of the parliament for review and voting.The report stated that the formulation of this draft has been ongoing for some time. Several specialized committees of the Iranian parliament have participated in the research and论证 related to this draft, including the National Security and Foreign Policy Committee, the Construction Committee, and the Internal Affairs Committee. The report noted that the aforementioned committees and some lawmakers had previously proposed different versions of suggestions and plans for the draft. After coordination and integration, a unified text has been formed. (Xinhua News Agency)
According to an official announcement, Tether has partnered with digital banking and investment platform Fasset to launch the world’s first gold-backed Visa card.
Grayscale Chairman Barry Silbert posted on platform X, announcing that the Grayscale HYPE ETP launches today under the ticker HYPG.
BNB Chain announced on X platform that it has launched the BNB Hack: AI Trading Agent Season. The event is built on the BNB Chain, CoinMarketCap, and TrustWallet tech stack, supporting AI in automatically formulating strategies and executing trades. The competition features 2 tracks, running from June 3rd to 21st, with a total prize pool of $36,000. Additional API credits, one-on-one mentorship from experts, and ecological resource support will also be provided.
Bitget PoolX has launched the Solstice (SLX) project, offering users the opportunity to unlock 1,000,000 SLX tokens by staking BTC and ETH. The BTC staking pool is allocated 600,000 SLX, with a per-user staking cap of 50 BTC; the ETH staking pool is allocated 400,000 SLX, with a per-user staking cap of 1,500 ETH. The staking window is open from June 3 at 20:00 to June 11 at 20:00 (UTC+8).
According to Fortune, Variant, a venture capital firm focused on crypto, has closed its fourth fund, Variant 4, with $222 million in commitments. The fund will primarily invest in earliest-stage companies and support their growth.
According to The Block, Payward—the parent company of Kraken—announced that it will open up access to IPO offering-price subscriptions for U.S. publicly traded companies to Kraken users and select partner platform users via the xStocks framework in the coming weeks. Users may submit non-binding subscription indications prior to listing; Payward will aggregate demand and coordinate with underwriting syndicates to allocate tokenized shares at the offering price on the listing day. These stock tokens are fully backed 1:1 by the underlying equities held in custody by regulated entities and are tradable across blockchains including Ethereum, Solana, and TON. Payward stated that it plans to expand into additional markets and onboard more partners to the xStocks Alliance in the future.
xStocks, a framework under Kraken parent company Payward, will launch services allowing users on Kraken and partner platforms to participate in US stock IPOs at the offering price. Users will receive on-chain tokenized shares with a 1:1 correspondence to the underlying stock, which will be held by regulated custodians.Users can submit non-binding subscription intentions via partner platforms weeks before the IPO. Payward aggregates demand, coordinates with the underwriting syndicate for share allocation, and completes pricing, allocation, and token issuance on the listing date. xStocks tokens will be tradable across multiple blockchains including Ethereum, Solana, and TON, and can be integrated with DeFi protocols. (The Block)
Ledger's Donjon security research team successfully bypassed the firmware verification system of the TROPIC01 chip inside the Trezor Safe 7 using laser attacks in a laboratory setting. Chip manufacturer Tropic Square subsequently discovered another attack path affecting the chip's MAC-and-Destroy security mechanism. This vulnerability currently impacts all TROPIC01 chips in production within the field. Trezor stated that the TROPIC01 chip is one of three independent security layers within the Trezor Safe 7, and user funds, wallet backups, and private keys are not stored on it.The chip's hardware encryption storage mechanism completely withstood Ledger's extraction attempts during initial testing. Tropic Square has delayed the release of technical details regarding the vulnerability until the launch of a reinforced silicon version of the TROPIC01 chip later in 2026, with full details expected to be disclosed in the spring of 2027.A firmware mitigation is currently available by disabling the chip's MAINTENANCE mode. Trezor CEO Matej Zak stated that PINs, wallet backups, and user fund keys have never been stored on a single chip. (The Block)
According to CoinDesk, Revolut plans to launch its U.S. banking services in 2026, offering FDIC-insured accounts, stablecoin services, multi-currency deposits, and cryptocurrency trading.
Global payment networks Stripe, Visa, and Mastercard are close to launching a new stablecoin platform.According to sources familiar with the matter, U.S. cryptocurrency exchange Coinbase is also exploring the possibility of participating in this stablecoin platform. Meanwhile, Binance, Coinbase, Stripe, and Visa have all declined to comment, and Mastercard did not respond to requests for comment before publication. Additionally, the revenue-sharing agreement between Coinbase and Circle Internet is set to expire and be renewed in August of this year, with the current market cap of USDC reaching $76 billion. (CoinDesk)
The Zcash Foundation released Zebra versions 4.5.3 and 5.0.0 to address a critical soundness vulnerability in the Orchard zero-knowledge proof circuit. Version 4.5.3 temporarily disables Orchard operations via an emergency soft fork, while version 5.0.0 activates NU 6.2, re-enables Orchard using the patched circuit, and permanently closes the vulnerability.