The latest and biggest crypto news about how Bitcoin, blockchain, DeFi, and Web3 are shaping our world. Global: https://t.me/addlist/pIGS3a3VQZllNzIy Community: @telochat_en Twitter: twitter.com/Telo_Official For ads: ad@telo.news
CoinFlip, the global Bitcoin ATM operator, is exploring a sale, targeting a valuation of at least $1bn.
Founded in 2015, CoinFlip operates over 5,500 crypto ATMs across the U.S., Australia, New Zealand, South Africa, and more.
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World Liberty Financial, in which the Trump family holds a major stake, sent a cease-and-desist letter to Fight Fight Fight—the company behind the TRUMP memecoin—after it announced plans for a “TRUMP Wallet” in partnership with Magic Eden.
The TRUMP Wallet site has gone up and down in recent days, and its X account is now suspended. Neither Fight Fight Fight nor Magic Eden have commented on the dispute.
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JPMorgan will begin accepting select crypto-related assets as loan collateral for trading and wealth management clients, starting with BlackRock’s iShares Bitcoin Trust. The bank will also count crypto holdings toward clients’ liquid assets when evaluating net worth.
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Tether CEO Paolo Ardoino said the company will continue prioritizing emerging markets outside the U.S., despite regulatory progress and a pro-crypto administration.
With 62-91% of global stablecoin payments in 2024-2025 made in USDT, particularly across Asia and Latin America, Tether sees more opportunity abroad than under strict upcoming U.S. laws.
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Telegram introduced Threaded Chats, allowing users to organize discussions by topic or sender in large groups.
The platform also enabled channel inboxes, letting users send direct messages to channels, with optional monetization features.
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BlackRock’s iShares Bitcoin Trust ETF (IBIT) has entered the Top 25 largest ETFs with $72.4bn in assets—just 1.4 years since launch. It’s the youngest fund on the list by 9x, with the next youngest at 12.6 years.
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Stablecoins now dominate crypto spot markets, making up over 80% of total spot trading volume in 2025.
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Solana Foundation has signed an MoU with VARA, Dubai’s Virtual Assets Regulatory Authority, paving the way for deeper collaboration between crypto builders and regulators.
The partnership includes talent programs, data sharing, founder workshops, and backing for a Solana Economic Zone in Dubai—strengthening Solana’s position in one of the world’s most crypto-forward hubs.
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President Trump called on Congress to pass what he described as “THE ONE, BIG, BEAUTIFUL BILL,” promising it would deliver the largest tax and spending cuts in U.S. history, stop taxing tips and Social Security for seniors, and repeal Biden’s EV mandates.
He said the bill would boost energy production, expand the border wall, fast-track deportations, defund sex changes for minors, and protect benefits for American citizens only.
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The total stablecoin market cap has surpassed $250bn for the first time, marking a new all-time high.
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Tether has announced the launch of XAUt0, a new version of the Tether Gold (XAUt) token designed for the omnichain ecosystem. The token will initially debut on the TON blockchain.
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Circle is expanding its U.S. IPO, now aiming to raise up to $896m. The USDC issuer increased its offering from 24m shares at $24-$26 to 32m shares at $27-$28 each.
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SEC Commissioner Hester Peirce stated that tokens like TRUMP fall outside the SEC’s jurisdiction, warning investors not to expect regulatory protection for meme coins.
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The IMF has raised serious concerns over Pakistan’s plan to allocate 2,000 MW of electricity for Bitcoin mining and AI data centers, calling for urgent clarification from the Finance Ministry.
The move, announced without prior consultation, comes amid energy shortages and financial strain—potentially impacting ongoing budget negotiations with the IMF.
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Ross Ulbricht, founder of the Silk Road darknet market, received an anonymous donation of 300 BTC ($31.4m) sent to his official Bitcoin address.
Additionally, an auction of his personal belongings raised nearly $1.3m in BTC.
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USDC stablecoin issuer Circle (CRCL) closed at $83 on its first trading day, up 167% from its $31 IPO price—one of the strongest debuts for a crypto-linked stock in 2025.
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K Wave Media has signed a $500m equity financing deal with Bitcoin Strategic Reserve KWM LLC to back its Bitcoin-focused treasury strategy.
Funds will be used to operate Bitcoin Lightning Network nodes and invest in Bitcoin infrastructure, marking a major crypto pivot for the Nasdaq-listed Korean media alliance.
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A 24-year-old Franco-Moroccan man suspected of orchestrating a string of kidnappings targeting crypto entrepreneurs in France has been arrested in Tangier, Morocco.
Authorities believe Badiss Mohamed Amide Bajjou may have coordinated attacks, including the high-profile abduction of Ledger co-founder David Balland, whose finger was severed for ransom.
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Circle is now seeking a $7.2bn valuation in its upsized IPO. Investor demand for shares in the USDC issuer has exceeded supply by more than 25 times.
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Moscow Exchange launches bitcoin-linked futures contracts for qualified investors, with pricing tied to the U.S.-listed iShares Bitcoin Trust ETF and settlements in rubles.
Sber, the largest Russian bank, is also rolling out bitcoin futures and structured bonds linked to BTC and USD/RUB, following recent regulatory approval from the Bank of Russia.
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Vanadi Coffee, a Spanish coffee chain, plans to invest over $1.1bn in Bitcoin and shift to a Bitcoin-first business model.
Chairman Salvador Martí aims to follow Strategy’s approach by issuing stock and requesting board approval to begin the accumulation strategy.
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Despite Bitcoin’s price decline and record-high mining difficulty, the network's 7-day average hashrate just hit an all-time high of 942.6 EH/s.
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Binance holds the largest share of stablecoin reserves—59% of the total, amounting to $31bn in USDT and USDC. It also leads 2025 exchange inflows with $180bn and records the highest average Bitcoin deposit size across the market.
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The Ethereum Foundation has restructured its research and development division, renaming it to "Protocol" and laying off part of the team.
The reorganization aims to focus on core protocol challenges, with priorities including Ethereum base layer scaling, blobspace development, and UX improvements.
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Robinhood has acquired crypto exchange Bitstamp for $200m in cash, expanding its institutional crypto reach across Europe, the UK, and Asia.
Bitstamp brings over 5,000 institutional clients and 50,000 retail users, with most volume from institutions. This follows Robinhood’s $179m deal to acquire Canada’s WonderFi announced on May 13.
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Strategy has added 705 BTC for ~$75.1m at an average price of ~$106,495, bringing its YTD 2025 BTC yield to 16.9%.
As of June 2, the firm holds 580,955 BTC bought for ~$40.68bn at an average of ~$70,023 per coin.
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Bitcoin reserves on centralized exchanges have dropped to a record low of 2.2m BTC, indicating strong accumulation by long-term holders.
The steady outflows suggest increased interest from whales, institutions, and possibly state-level actors opting for cold storage to reduce centralized risk.
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Singapore’s MAS has ordered all local crypto firms without a Digital Token Service Provider (DTSP) license to cease serving overseas clients by June 30, 2025, with no grace period.
Firms that fail to comply will face regulatory penalties.
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Taiwanese crypto exchange BitoPro likely suffered a hack on May 8, 2025, with approximately $11.5m drained from hot wallets across several chains.
The stolen funds were laundered through Tornado Cash and Thorchain, while the exchange has yet to confirm the breach, referring to it as “maintenance.”
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Over 99% of Meta shareholders voted against a proposal to explore holding Bitcoin as part of the company’s reserves.
The outcome mirrors similar rejections at Microsoft and Amazon, highlighting that Bitcoin treasury strategies have yet to gain traction among major U.S. corporations.
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