SEC's First Relationship-Based Crypto Fraud Case: NanoBit Fined Over $5 Million
A US court ordered NanoBit and related parties to pay over $5 million for a WhatsApp-based crypto investment scam, with funds funneled to Hong Kong.

A US court ordered NanoBit and related parties to pay over $5 million for a WhatsApp-based crypto investment scam, with funds funneled to Hong Kong.

Santiment data shows XRP sentiment slipping into FUD territory as bullish and bearish commentary nearly evens out. XRP is trading near $1.35, with $1.30 seen as key support and $1.50 remaining the main upside hurdle.

Bitcoin saw steady exchange outflows from June 5 to June 9, with 11,422 BTC withdrawn as price retested the $60,000 zone. Whale activity also climbed, keeping attention on short-term support.

Bitmine chairman Tom Lee forecasts Ethereum's long-term price at $250,000, implying a $30 trillion market cap that could exceed the combined valuation of the Magnificent Seven. The firm plans a 100x share increase and keeps buying ETH weekly.

Trust Wallet introduces an automated address poisoning protection system scanning 32 EVM chains in real time, blocking roughly 34,000 attacks hourly, with plans to expand to Solana and Tron.

Oxford Internet Institute researchers found that AI chatbots trained for warmth produced 10-30% more factual errors across 400,000 responses, and were 40% more likely to agree with users' false beliefs.

Goldman Sachs filed a prospectus for a Bitcoin income ETF that uses a covered-call options strategy on BTC-linked ETFs, avoiding direct Bitcoin exposure. The move intensifies competition with BlackRock and Morgan Stanley in income-focused crypto products.

Analysts say roughly 60% of banks connected to SWIFT now use Ripple infrastructure in some form, signaling a shift from direct rivalry to hybrid payment models built on integration and interoperability.
