Payward, the parent company of Kraken, cut about 150 jobs as AI tools improved efficiency ahead of a planned IPO. Kraken’s owner still targets a $20 billion listing, but the IPO has been delayed due to weak market conditions.
WeatherlyThai police raided an alleged illegal Bitcoin mining site linked to over $81,000 in suspected stolen electricity. Authorities seized mining machines as part of a wider crackdown across Thailand.
AnaisPoland has passed a law to bring its crypto rules in line with the EU MiCA framework, aiming to regulate exchanges and protect investors ahead of a July deadline. At the same time, prosecutors are investigating the collapsed Zondacrypto exchange, where users lost around $96 million, adding pressure to an already heated political debate over crypto oversight.
AnaisFrance-listed Capital B bought 192 bitcoin for about $15.11 million after completing a €17.15 million fundraising round backed by investors including Adam Back and TOBAM. The purchase lifts its total holdings to 3,135 bitcoin, all accumulated as part of its plan to build a corporate bitcoin treasury.
AnaisGalaxy Digital received New York’s BitLicense and Money Transmission License to offer crypto trading and custody services in the state. The approval gives the firm direct access to major institutional investors under one of the strictest crypto regulatory systems in the US.
WeatherlySony and Nintendo are facing lawsuits from gamers who say they raised console prices during Trump-era tariffs and may now receive government refunds for the same costs. Customers claim this means buyers paid more while the companies could recover the money again from the US government.
AnaisIran’s Nobitex exchange moved at least $2.3 billion through Tron and BNB Chain since 2023, according to a Reuters investigation. The report also highlighted indirect links between the networks and crypto figures tied to the Trump family’s World Liberty Financial project.
WeatherlyMicrosoft AI chief Mustafa Suleyman warned that AI could automate most office jobs like legal, accounting and marketing within 12 to 18 months. He said AI is improving fast and may soon handle most computer-based work with little human input.
AnaisThe US SEC is planning a new rule that could allow tokenised stocks to be traded on crypto platforms. These tokens may track share prices but not give normal shareholder rights like voting or dividends.
WeatherlyJapan will allow qualifying foreign stablecoins into its payment system from 1 June 2026. The new rules open Japan’s regulated market to overseas issuers under stricter financial oversight.
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