Bitcoin fell to $61,300 over June 3-4, triggering ~$3 billion in crypto derivatives liquidations across two sessions, with 266,158 traders forcibly liquidated in the worst 24 hours. Catalysts: spot ETF net outflows exceeding $2B over two weeks, Strategy's first BTC sale in nearly four years, and Middle East tensions. Total crypto market cap shed $190B in June.
Hanwha Investment Securities has acquired 1.361 million additional Dunamu shares from Kakao Investment for approximately KRW 597.8 billion (~$430M), raising its total stake from 5.94% to 9.84% and becoming the company's third-largest shareholder. Dunamu operates Upbit, South Korea's dominant crypto exchange, and the deal advances Hanwha's goal of building a global RWA (Real World Asset) tokenization hub.
A Bitcoin trader recovered a wallet worth approximately $400,000 with Claude AI's assistance after forgetting the password set while intoxicated 11 years ago. The AI systematically narrowed down password combinations using the trader's fragmented memories and behavioral patterns.
Charles Schwab ($SCHW), managing $12 trillion in assets for 35 million retail clients, launched direct spot Bitcoin and Ethereum trading on May 13, 2026 via its new Schwab Crypto platform. The launch puts Schwab in direct competition with Coinbase ($COIN) and Robinhood ($HOOD), arriving the same day JPMorgan filed with the SEC for a tokenized Treasury money market fund on Ethereum as the tokenized RWA market surpasses $32 billion.
South Korea's National Assembly passed an amendment to the Foreign Exchange Transactions Act on May 8, requiring businesses providing overseas cryptocurrency transfer services to register with the Ministry of Economy and Finance. Unregistered operators will be treated as illegal after the law takes effect. The move marks the second major crypto regulatory tightening since the Virtual Asset User Protection Act took effect in 2024.
A Twitter user exploited indirect prompt injection using Morse code to trick Grok AI into executing a command that transferred 3 billion DRB tokens worth roughly $200,000 to the attacker's wallet via a connected trading bot.
A high-scoring r/wallstreetbets link pointed to Strategy $MSTR's latest SEC filing: 34,164 BTC acquired for $2.54B, lifting holdings to 815,061 BTC.