ChainGPT AI News

CoinsBee, a platform based in Stuttgart, Germany, has achieved a significant milestone by surpassing 5,000 supported gift card brands, making it the largest selection of crypto-purchasable gift cards globally. Established in 2019, CoinsBee aims to simplify the use of cryptocurrency for everyday purchases, addressing the complexity often associated with practical spending. With support for over 200 cryptocurrencies and operations in 180 countries, users can easily convert digital assets into thousands of gift cards without the need for an account or identity verification. The platform ensures quick and seamless transactions, with all gift cards delivered digitally via email. CoinsBee's user-friendly approach has garnered over 500,000 users and a high rating across various review platforms. By continuously expanding partnerships and offerings, CoinsBee remains committed to enhancing accessibility and usability for individuals and ecosystem partners seeking to utilize digital assets in real-world scenarios. Read more AI-generated news on: https://app.chaingpt.org/news

Meme coins, including dogwifhat, MOODENG, WIF, and MUBARAK, are experiencing varied price movements. While dogwifhat surged by 12%, MOODENG showed a 5% increase, signaling potential bullish momentum. MOODENG's Golden Cross suggests further price rise if positive trends persist. Conversely, a drop below $0.180 could lead to declines. WIF's 12.5% surge indicates strong growth potential, with resistance at $1.04. Failure to maintain momentum may result in a drop to $0.85. MUBARAK, up by 11%, aims to secure $0.043 support for future gains. Strong buying activity and CMF inflows hint at a rise towards $0.066. However, failure to hold support at $0.043 could lead to a decline. Investors are advised to conduct thorough research and seek professional advice before making financial decisions. Read more AI-generated news on: https://app.chaingpt.org/news

A16ZE, a token newly launched on the Believe platform, experienced a drastic drop in market capitalization from $12 million to $500,000 due to misunderstandings. The confusion arose from the association between the A16ZE token, Andreessen Horowitz (a16z) venture capital firm, and Believe's founder, Ben Pasternak. Marc Andrusko of a16z clarified that neither he nor the firm had any involvement with A16ZE or B16Z tokens, dispelling false information that had caused the token's value to surge. Following this, A16ZE's market cap plummeted, leading to significant losses for investors. The incident underscores the importance of transparency and prompt communication in the cryptocurrency market to prevent misinformation-induced market panic. It also serves as a reminder for investors to conduct thorough research before investing in volatile assets like cryptocurrencies. Read more AI-generated news on: https://app.chaingpt.org/news

Crypto US stocks are displaying strength in pre-market trading today, attracting investors' interest amid a resurgence in the digital asset sector. Galaxy Digital (GLXY), TeraWulf (WULF), and Digi Power X (DGXX) are among the top performers, each experiencing early gains as traders position themselves for the upcoming session. Galaxy Digital Inc. (GLXY) recently announced an expanded public offering to enhance its AI and high-performance computing infrastructure, marking a significant milestone for the Nasdaq-listed company. Digi Power X reported robust Bitcoin production figures for May, while TeraWulf saw a 5% rebound following its acquisition of Beowulf Electricity & Data LLC. Both stocks are showing positive momentum, with potential price targets based on technical indicators. Investors are advised to conduct thorough research and seek professional advice before making any financial decisions. Read more AI-generated news on: https://app.chaingpt.org/news

Kaito, a Web3 AI platform, has quietly emerged as a major distributor of on-chain incentives, surpassing $74 million in total value distributed to over 5.7 million wallet holders. This growth aligns with the rise of Attention Capital Markets, a concept inspired by Solana's Internet Capital Markets. Kaito's token, KAITO, has seen a 150% increase since May, driven by increased staking and the shift towards an attention-based economy. With over 28 million KAITO tokens staked, representing 10% of the supply, users seek airdrop exposure and yield through staking and farming programs. This trend highlights Kaito's role in monetizing social attention in crypto through incentivized content creation. Notable users like Simon Dedic have praised Kaito for its impact on their online engagement and earnings. Despite a decline in traffic and token unlocks paused until August, Kaito's growth signifies a shift towards valuing attention, identity, and influence in the Web3 space. Read more AI-generated news on: https://app.chaingpt.org/news

Malikie Innovations, a company that acquired a large number of patents from BlackBerry in 2023, has filed lawsuits against major Bitcoin mining companies Marathon Digital and Core Scientific for using Elliptic Curve Cryptography (ECC) in the Bitcoin blockchain, which they claim to own. The lawsuits stem from Malikie's acquisition of 32,000 patents from BlackBerry in 2023. The legal action alleges that the defendants are utilizing ECC-based cryptographic methods covered by Malikie's patents for their mining operations. If successful, Malikie could recover lost royalties for up to six years, potentially causing financial strain on the defendants. While the outcome remains uncertain, winning the case could set a precedent for future lawsuits against Bitcoin miners in the US. Despite concerns about the security of the Bitcoin network, experts believe Malikie is more likely to seek fees rather than disrupt the industry entirely. Read more AI-generated news on: https://app.chaingpt.org/news

BCP Technologies, a UK-based cryptocurrency company, has introduced a new stablecoin backed by the British pound. The Tokenised GBP (tGBP) stablecoin has been launched on BCP Technologies' crypto trading platform, BCP Markets, and is accessible to customers who pass KYC checks. Major exchanges are expected to list tGBP soon. The CEO mentioned ongoing discussions with two large exchanges. This launch coincides with the UK FCA's public consultation on stablecoin regulations. BCP Technologies aims to comply with future FCA regulations and plans to back tGBP with UK government bonds. The stablecoin is fully backed by cash in a segregated bank account and is initially issued on the Ethereum blockchain. BCP Technologies, previously known as BitcoinPoint, has been an FCA-registered crypto service provider since 2021. The tGBP stablecoin targets various use cases and aims to simplify blockchain transactions with a GBP denomination. Read more AI-generated news on: https://app.chaingpt.org/news

The Android banking trojan Crocodilus has expanded its reach to target crypto users and banking customers in Europe and South America. Initially discovered in March 2025 in Turkey, Crocodilus disguised itself as online casino or bank apps to steal login credentials. Recent campaigns have now been observed in Poland, Spain, Argentina, Brazil, Indonesia, India, and the US. These campaigns utilize Facebook Ads to promote fake loyalty apps to Polish users, redirecting them to malicious sites to deliver the trojan. Crocodilus has evolved to overlay fake login pages on legitimate banking and crypto apps, posing a significant threat. The malware can now modify contact lists and extract seed phrases and private keys from cryptocurrency wallets. Additionally, Crocodilus has enhanced its defenses with deeper obfuscation techniques. Analysts have also noted smaller campaigns targeting cryptocurrency mining apps and European digital banks. The evolving landscape of crypto malware highlights the importance of cybersecurity measures. Read more AI-generated news on: https://app.chaingpt.org/news

ConSensys has recently acquired Web3Auth, a crypto wallet infrastructure provider, to enhance the user experience of its popular crypto wallet, MetaMask. The acquisition aims to address the issue of seed phrase management, a crucial aspect of self-custody wallets. According to ConSensys, 35% of crypto wallet users are at risk of losing their funds due to not backing up their seed phrases. By integrating Web3Auth, MetaMask users will have the option to recover their wallets using traditional authentication methods like device-based authentication and social logins. This move is expected to simplify the onboarding process and improve security. ConSensys has a history of strategic acquisitions to expand its offerings, including previous acquisitions like Wallet Guard and MyCrypto. The integration of Web3Auth into MetaMask is set to be rolled out gradually in phases, with plans to implement multifactor user onboarding for enhanced safety. Read more AI-generated news on: https://app.chaingpt.org/news

Rep. Brandon Gill (R-TX) failed to disclose up to $500,000 in Bitcoin purchases within the required 45-day window, raising concerns about transparency and conflicts of interest among crypto-investing lawmakers. Gill's late reporting under the STOCK Act, aimed at preventing insider trading, resulted in only a $200 fine. Despite being a vocal crypto supporter, Gill's delayed disclosures coincided with significant crypto-related events, including Trump's executive order and strategic Bitcoin reserve initiative. The lawmaker's ties to the industry, along with other politicians' involvement in crypto ventures, have sparked debates on regulating elected officials' crypto investments. While some lawmakers advocate for stricter rules, others, like Vice President JD Vance, praise the industry. The divide between parties on crypto regulation continues, with Democrats introducing bills to restrict officials' crypto ownership, facing opposition from Republicans. The evolving landscape of crypto investments and regulations highlights the complexities of balancing personal interests with public accountability. Read more AI-generated news on: https://app.chaingpt.org/news

Tether CEO Paolo Ardoino announced the transfer of 25,812 Bitcoin to Twenty One Capital, a Bitcoin treasury company involving Bitfinex, Cantor Fitzgerald, and SoftBank. The move, valued at $2.7 billion, is part of pre-funding for an equity raise. Twenty One Capital, led by CEO Jack Mallers, plans to list on Nasdaq through a SPAC merger with Cantor Equity Partners. Mallers revealed intentions to sell $100 million in convertible notes to acquire more Bitcoin. The company aims for transparency by sharing wallet addresses and proof of reserves. This strategy mirrors other Bitcoin treasury firms like MicroStrategy. Mallers emphasized a commitment to transparency and disclosed plans for additional contributions from Tether and SoftBank. The news boosted CEP's share price by 7% to $43, with a subsequent spike to $59.75. Read more AI-generated news on: https://app.chaingpt.org/news

Latin America has witnessed a surge in crypto adoption driven by the pursuit of economic freedom rather than speculation. Recent developments like Binance Pay's expansion in Brazil and Mercado Pago's application for a banking license in Argentina highlight this trend. May saw significant growth in crypto services in the region, with Mercado Pago applying for a digital banking license in Argentina and Binance Pay integrating with Brazil's instant payment system, Pix. These developments reflect a shift towards crypto as users seek alternative financial experiences. Users in Latin America rely on crypto for practical utility due to unstable economic conditions. The region's demand for crypto reflects a need for financial stability and empowerment. As traditional financial systems face challenges, they must innovate to adapt to the growing acceptance of cryptocurrencies in the region. Read more AI-generated news on: https://app.chaingpt.org/news

Binance US has announced the upcoming listing of Hyperliquid's HYPE token, leading to a 6% growth in the token's value within 24 hours. Despite the lack of specific details regarding the listing timeline, this development is viewed positively. Hyperliquid, a high-performance trading blockchain, has recently achieved significant milestones, surpassing dYdX's trading volume and Sui's market cap. The exchange gained attention for substantial trading volume driven by crypto whale James Wynn. While some community members express skepticism due to past negative interactions between Binance and Hyperliquid, others see this listing as a positive move. Binance US' decision to list Hyperliquid follows Binance Futures' introduction of HYPE perpetuals contracts. The listing date remains uncertain, but it has already impacted HYPE's valuation. Further details are awaited from Binance US, as the crypto community closely monitors this development. Read more AI-generated news on: https://app.chaingpt.org/news

Robinhood recently finalized a $200 million acquisition of Bitstamp, expanding its crypto business with over 50 licenses and an institutional client base. The US SEC faced backlash for its new guidance on crypto staking, diverging from past court rulings. Singapore's central bank set a deadline for local crypto firms targeting overseas markets to cease operations by June 30. The SEC's stance on staking services was criticized by former officials, with concerns raised about investor protection. Additionally, MAS in Singapore announced strict regulations for Digital Token Service Providers, requiring local firms offering DT services abroad to obtain a license or cease operations by the end of June. Violators face hefty fines and imprisonment. These developments highlight the evolving landscape of crypto regulations and acquisitions in the global market. Read more AI-generated news on: https://app.chaingpt.org/news

Robinhood Markets, Inc. has finalized a $200 million deal to acquire Bitstamp, a crypto exchange based in Luxembourg. This acquisition brings over 50 licenses, an established institutional client base, and expands Robinhood's crypto presence beyond the US into European, UK, and Asian markets. The transaction, paid entirely in cash, remains unchanged from the initial agreement in June 2024. Bitstamp, serving over 5,000 institutional clients and 50,000 retail customers, reported $95 million in revenue for the last 12 months. Robinhood's crypto business generated $252 million in the first quarter of 2025. Additionally, Robinhood has also acquired Canadian platform WonderFi for approximately $179 million to strengthen its presence in the Canadian market. CEO Vladimir Tenev aims to expand into real-world asset tokenization, seeing it as a significant opportunity for economic value in the US crypto industry. Read more AI-generated news on: https://app.chaingpt.org/news

Crypto prime broker FalconX has acquired a majority stake in Monarq Asset Management’s parent company, previously owned by bankrupt exchange FTX. The move aims to grow FalconX's institutional client base and asset management services. Monarq, formerly known as MNNC Group, is a Cayman Islands-registered fund that was part of the FTX empire. The terms of the deal were not disclosed. FalconX, founded in 2018, has been expanding its presence by acquiring other companies like Arbelos Markets and partnering with Standard Chartered. The acquisition of Monarq is seen as a way to reach more institutional clients and enhance quantitative models. FalconX settled with the CFTC in 2024 and raised $150 million in 2022. Despite the FTX collapse, FalconX managed to survive and continue its operations. Read more AI-generated news on: https://app.chaingpt.org/news

Strategy, previously known as MicroStrategy, is planning to raise $250 million through an initial public offering of perpetual preferred stock to finance additional Bitcoin acquisitions. The company intends to issue 2.5 million shares of its 10% Series A Perpetual Stride Preferred Stock at $100 per share. The proceeds will be used for buying more Bitcoin and for working capital. Perpetual preferred stocks offer fixed dividends indefinitely and have priority over common stock. This offering will be available to institutional and selective non-institutional investors. Strategy, holding the largest corporate Bitcoin reserves globally, plans to use the funds to purchase approximately 2,351.8 Bitcoin at current market prices. The offering will be managed by Wall Street banks and investment firms, under an effective shelf registration statement filed with the US Securities and Exchange Commission. Read more AI-generated news on: https://app.chaingpt.org/news

Coinbase was informed in January that a potential data breach involving customer information could have occurred due to an employee of an outsourcing company. The incident was publicly disclosed by Coinbase in May, revealing that an employee in India, working for TaskUs, was caught taking pictures of sensitive information. The employee and an accomplice were suspected of providing customer data to hackers for financial gain. TaskUs, an American outsourcing company, faced a lawsuit alleging mishandling of Coinbase's customer support. Despite a mass layoff in January, only two employees were identified as responsible for the breach affecting nearly 70,000 customers. Coinbase took immediate action by severing ties with the involved personnel and enhancing security measures. Additionally, TaskUs was previously accused of a crypto-related data breach in 2022, highlighting the importance of safeguarding customer data in the digital age. Read more AI-generated news on: https://app.chaingpt.org/news

Australia's national financial intelligence agency, AUSTRAC, has implemented new rules for crypto ATM operators to combat rising scams. The agency has set a $3,250 limit on cash deposits and withdrawals, along with enhanced monitoring and due diligence requirements. While currently applicable to ATM providers, AUSTRAC urges exchanges to consider similar limits. CEO Brendan Thomas emphasized the rules' flexibility to adapt to evolving threats. An investigation revealed that most users are over 50 years old, with concerns about scam victims in the 60-70 age group. The Australian Federal Police reported over $2 million in losses from ATM scams, prompting calls for increased awareness. Despite initial slow adoption, Australia now hosts 1,819 ATMs, making it the third-largest market globally. Leading providers include Localcoin, Coinflip, and Bitcoin Depot. Read more AI-generated news on: https://app.chaingpt.org/news

The ARK 21Shares Bitcoin ETF (ARKB) is set to undergo a 3-for-1 share split on June 16 to attract more retail investors. The split aims to make shares more accessible and enhance trading efficiency without altering the ETF's investment strategy or Bitcoin holdings. Despite being the worst-performing fund in terms of outflows among US Bitcoin ETFs, ARKB remains the third-largest fund with $4.8 billion in assets under management. The recent trend of outflows in spot Bitcoin ETFs coincided with a drop in Bitcoin prices. However, consistent demand for Bitcoin is evident with net inflows reported for the seventh consecutive week. The stock split will lower the price per share, making it more affordable for retail investors while maintaining the underlying value. Read more AI-generated news on: https://app.chaingpt.org/news