BitMine Immersion Technologies is raising $18 million through a public stock offering to expand its Bitcoin holdings. According to the company’s announcement in a June 4 press release, the offering includes 2.25 million shares priced at $8.00 each. BitMine has…
Cryptocurrency News
Reddit sues AI firm Anthropic over unauthorised data scraping for Claude [btcmanager]
Social media platform Reddit has filed a lawsuit against AI startup Anthropic, accusing it of unauthorized data scraping to train its Claude chatbot. In its Wednesday filing in San Francisco Superior Court, Reddit alleged that Anthropic accessed its platform more…
Crypto leverage trader James Wynn loses $25M on Bitcoin bet [cointelegraph]
Hyperliquid leverage trader James Wynn has claimed the market is being manipulated against him after he was liquidated for 240 Bitcoin, worth $25 million.
California moves forward bill on unclaimed crypto, merchant payments [cointelegraph]
The bill has seen contention online, but Satoshi Action Fund’s Eric Peterson says it updates the state’s unclaimed property laws so crypto doesn’t get liquidated.
California moves forward bill on unclaimed crypto, merchant payments [cointelegraph]
The bill has seen contention online, but Satoshi Action Fund’s Eric Peterson says it updates the state’s unclaimed property laws so crypto doesn’t get liquidated.
California advances bill on unclaimed crypto and merchant payments [cointelegraph]
The bill has seen contention online, but Satoshi Action Fund’s Eric Peterson says it updates the state’s unclaimed property laws so crypto doesn’t get liquidated.
Circle IPO priced above range at $31 per share ahead of NYSE debut [btcmanager]
Circle has priced its initial public offering at $31 per share, higher than expected, ahead of its June 5 debut on the New York Stock Exchange. According to a June 4 report from Reuters, the stablecoin issuer raised $1.05 billion…
TRON records new all-time high in daily active addresses — is TRX gearing up for a breakout? [btcmanager]
TRON’s on-chain activity is hitting record highs, with sustained growth in active addresses hinting at an upward shift in TRX market momentum. According to a June 3 analysis by CryptoQuant contributor CryptoOnChain, the 50-day and 100-day moving averages for daily…
Bitcoin bulls’ biggest threat is 2-month ‘tariff ultimatums’ trap: Analyst [cointelegraph]
An end to the “tariff sabre rattling” may see Bitcoin rallying to $120,000 this month, Swyftx lead analyst Pav Hundal tells Cointelegraph.
SEC wins $1.1M as alleged crypto conman a no-show in court [cointelegraph]
The SEC sued Keith Crews in 2023 alleging he ran a crypto fraud scheme, but he failed to answer the complaint, leading a judge to hand a default win to the regulator.