ChainCatcher News, Ric Edelman, the chairman of the Digital Assets Council of Financial Advisors, stated in an interview with CNBC that he recommends allocating 10% to 40% of investment funds to cryptocurrencies, whereas four years ago his recommendation was 1%.Ric Edelman mentioned that four years ago, there was uncertainty about whether the U.S. government would ban Bitcoin, whether the technology would become obsolete, and whether consumers and institutions would adopt Bitcoin. However, now all these questions have been resolved. The price of Bitcoin does not move in sync with the prices of stocks, bonds, gold, oil, or commodities, and the return opportunities offered by the crypto asset class are higher than almost any other asset class.

According to ChainCatcher news, reported by The Block, a 57-year-old man from Pennsylvania, Dwayne Golden, has been sentenced to 97 months (approximately 8 years) in prison for his involvement in operating fraudulent cryptocurrency companies EmpowerCoin, ECoinPlus, and Jet-Coin, and has been ordered to forfeit approximately $2.46 million in illegal proceeds.Dwayne Golden and his accomplices defrauded investors of $40 million through a "Ponzi scheme" and subsequently obstructed federal investigations. Dwayne Golden was first charged with fraud, money laundering, and other financial crimes in March 2022.

ChainCatcher news, according to Jinshi reports, U.S. President Trump stated that cryptocurrency is a very interesting thing, and we have built a very strong industry.

ChainCatcher news, according to Cointelegraph, although countries like China, Indonesia, and Russia prohibit retail crypto payments, legal experts point out that residents in these countries still operate in a legal gray area when using cryptocurrencies to pay for overseas services. After the Georgian travel company Tripzy opened a USDT payment channel through CityPay in June 2025, tourists from Russia and Turkey can book services across borders using stablecoins, as neither country's laws explicitly prohibit such actions.A partner at the Turkish law firm Paldimoglu stated that their "Regulation on the Prohibition of Payments in Crypto Assets" only restricts local licensed institutions; the founder of Russia's D&A CryptoMap also confirmed that the country's laws do not restrict overseas crypto payments. However, legal overlaps pose regulatory risks, and experts warn that such transactions may be viewed by the West as a "loophole for evading sanctions."The latest report from the Financial Action Task Force (FATF) shows that as of 2024, the proportion of illegal transactions involving stablecoins has risen to 50%, including those related to North Korean hackers and terrorism financing. The agency announced that it will release a special assessment report on anti-money laundering for stablecoins in Q1 2026.

ChainCatcher message, DWF Ventures posted on platform X stating: "An increasing number of publicly listed companies are beginning to adopt cryptocurrency treasury strategies, having invested over $40 billion into the digital asset space in just the past year. This trend highlights a significant shift in corporate capital management practices. It has been confirmed that 14 companies have publicly adopted this strategy, with a total holding of cryptocurrency assets now exceeding $76 billion. These companies include publicly listed firms such as Strategy, Trump Media, GameStop, Metaplanet, Tesla, and Semler Scientific."

ChainCatcher news, according to Caixin, the Federal Housing Finance Agency (FHFA) has ordered housing loan agencies Fannie Mae and Freddie Mac to consider cryptocurrencies as collateral in the risk assessment for residential mortgages. Several cryptocurrency industry insiders have stated that this means there could be a significant shift in the asset review standards for Americans applying for housing loans, potentially allowing the use of cryptocurrencies as collateral.An industry insider who wished to remain anonymous told Caixin that this is undoubtedly a positive development for the crypto industry, but if this is the case, then the volatility of the cryptocurrency market will directly impact the housing loan market, and the next subprime mortgage crisis will just be a matter of time.

ChainCatcher news, according to Cointelegraph, South Korean internet security agencies have revealed that North Korean hackers are now using ChatGPT to automate cryptocurrency theft.

ChainCatcher news, Bitcoin financial services platform Avalon Labs disclosed its latest progress in advocating for crypto policy in Washington, D.C., aiming to promote clearer legislative frameworks from the government regarding crypto businesses and Bitcoin lending from the perspectives of blockchain technology innovation, job opportunities, and inclusive finance. Avalon Labs firmly believes that a clear and stable regulatory environment will help crypto businesses operate more safely and compliantly in the United States.In addition, Avalon Labs also calls on the government to support the Blockchain Regulatory Certainty Act, which aims to provide legal clarity for non-custodial crypto services and facilitate healthy industry development.

ChainCatcher message indicates that, according to SoSoValue data, the crypto market is generally down. The Solana ecosystem sector has dropped 4.24% in the last 24 hours, with Solana (SOL) and Jupiter (JUP) falling 4.12% and 4.94% respectively. The PayFi sector is down 4.03%, with Litecoin (LTC), Monero (XMR), and Bitcoin Cash (BCH) remaining relatively strong, rising 0.48%, 0.71%, and 1.82% respectively.In addition, Bitcoin (BTC) has decreased by 0.60% in the last 24 hours, fluctuating narrowly around $107,000. Ethereum (ETH) is down 1.09%, still maintaining above $2,400.In other sectors, the CeFi sector has dropped 1.17% in the last 24 hours, but Bitget token (BGB) has risen against the trend by 5.16%. The DeFi sector is down 2.73%, with Ethena (ENA) falling 5.30%. The Layer1 sector has decreased by 2.81%, and the Layer2 sector is down 3.37%. Movement (MOVE) surged again by 2.51% during the day, while the Meme sector dropped 3.91%. Previously, the SPX6900 (SPX), which had a significant increase, has seen a correction, down 12.11% in the last 24 hours.The crypto sector indices reflecting historical performance show that the ssiPayFi, ssiRWA, and ssiNFT indices have decreased by 3.91%, 3.40%, and 3.38% respectively in the last 24 hours.

ChainCatcher news, according to Lianhe Zaobao, a 34-year-old man, Xie Jiajie, knowingly assisted his boss Liu Hanquan in managing a team and operating a currency exchange business without a license, handling over 43 transactions totaling more than 35 million yuan in just 23 days. The man was arrested during a police raid and sentenced to 10 months in prison. The defendant Xie Jiajie faced two charges of violating the Payment Services Act and one charge of violating the Corruption, Drug Trafficking and Serious Crimes (Confiscation of Benefits) Act. He previously admitted to one of the charges, while the remaining charges will be considered by the judge when sentencing on June 26.It is understood that Sir Money Changer (SMC) is a licensed family business that provides currency exchange and cross-border remittance services, with directors being the Mohamad couple. In June 2021, SMC opened a new outlet in Geylang, and Liu Hanquan proposed to pay 14,000 yuan per month to use the license for independent remittance operations. He hired employees himself but paid contributions under SMC's name, later reimbursing the related costs. Starting in September of the same year, Liu Hanquan began operations that included cross-border remittance and Tether transactions, but did not report to the Monetary Authority and did not submit transaction records. The mastermind Liu Hanquan fled to Cambodia after the incident and emptied his cryptocurrency wallet; he is still at large.

ChainCatcher message, the official website information of the cryptocurrency exchange XeggeX shows, "Notice: Due to the hacker attack in February and recent other issues, Xeggex is shutting down and applying for bankruptcy. More information and legal contact will be provided soon."According to previous news, the cryptocurrency exchange XeggeX suffered a hacker attack in February this year, and users were unable to log into their personal accounts.

ChainCatcher news, according to CoinDesk, U.S. Senate Banking Committee Chairman Tim Scott told White House cryptocurrency advisor Bo Hines that the cryptocurrency market structure bill will be completed by September 30.This timeline is later than President Trump's goal of completing it before the August congressional recess, but earlier than Senator Cynthia Lummis's previous prediction of completion by the end of the year. Scott stated at a press conference that "completing market structure legislation by the end of September is a realistic expectation," to which Lummis expressed support.

ChainCatcher news, Synaptogenix Inc. (NASDAQ: SNPX) today announced its official name change to TAO Synergies, and will begin trading under the new stock ticker "TAOX" on NASDAQ starting July 1, 2025. This strategic transformation makes it the first publicly traded company focused on the integration of cryptocurrency and artificial intelligence, with a core strategy centered on the acquisition and staking of the AI token TAO (the native cryptocurrency of the Bittensor network).The company's Executive Chairman Joshua Silverman stated that this move will create long-term value for shareholders and fully leverage the growth potential of TAO within the AI ecosystem. The company has begun generating revenue through staking TAO tokens and plans to launch a new official website this summer, providing more detailed information about its digital asset strategy.

ChainCatcher news, according to the Hong Kong Stock Exchange announcement, the board of directors of Huaxing Capital Holdings has resolved to enter the Web3.0 and cryptocurrency asset fields, and approved a budget of $100 million, which is planned to be used for the group's development of Web3.0 business and investment in cryptocurrency assets over the next two years.The announcement stated that the group will increase its investment in stablecoins, RWA (real-world assets), and the cryptocurrency ecosystem based on successful investments in Circle Internet Group and several cryptocurrency companies' IPOs and multiple rounds of financing, and will actively promote the application and upgrade of relevant business licenses.