June 2025 - CryptoCurrencyWire

FridayJun 06, 2025 9:00 am

“Wrench Attacks” Characterize New Wave of Crypto Kidnappings

A disturbing case in New York has brought new attention to a violent trend in the world of crypto crime. An Italian tourist was reportedly abducted, tortured, and held for weeks by individuals who were allegedly trying to force him to give up access to his digital wallet. These kinds of crimes are being called “wrench attacks”—a term that originated from a web comic, where a character uses a simple wrench to beat a crypto holder into giving up their password, rather than relying on technical hacking. According to Ari Redbord of TRM Labs, a firm that tracks crypto-related crimes,…

ThursdayJun 05, 2025 9:00 am

Russia Considers Using Crypto to Settle Grain Export Transactions

Russia’s state-owned Agricultural Bank is exploring the use of cryptocurrency as a new way to handle international grain payments, particularly in light of ongoing sanctions. With the country expected to export nearly 50 million tons of grain this season, officials are looking at digital assets as a potential workaround to traditional financial systems that have become harder to access. Irina Zhachkina, the bank’s first deputy chief executive officer, stated during the Russian Grain Forum in Sochi, which drew in over 1,000 attendees, that it is actively collaborating with the Central Bank of Russia and other pertinent stakeholders to assess cryptocurrencies…

WednesdayJun 04, 2025 7:40 pm

15th Anniversary Blockchain Life Forum to Take Place in Dubai, October 28-29, 2025 – Unprecedented Scale.

Blockchain Life, the leading international forum on Web3 and cryptocurrencies, is set to celebrate its 15th anniversary edition in Dubai on October 28-29, 2025. This landmark event promises an unparalleled experience with a record number of speakers, two dedicated stages, expanded activity zones, and premium networking opportunities for 15,000 attendees. All timed perfectly ahead of the expected peak of the Bull Run. Find out more about the best place to meet friends, partners and clients from all over the world and choose your ticket at the presale price: https://blockchain-life.com/ Why Attend the Anniversary Blockchain Life Forum? Engage in two days…

TuesdayJun 03, 2025 12:00 pm

Beeline Holdings Inc. (NASDAQ: BLNE) Is ‘One to Watch’

Beeline has surpassed $1 billion in loan originations and achieved 38% year-over-year growth in 2024. Beeline’s platform was created for the Gig Economy, to increase qualifications for the 75 million millennials who need a variety of fresh, friendly mortgage options under one roof. The company offers a unique tech stack, including AI chatbot Bob, the Hive engine, and BlinkQC, which drives faster and more affordable closings. Beeline is strongly positioned in DSCR and investor lending markets through strategic partnerships with platforms like Rabbu and Red Awning. The expansion of Beeline Labs and the spinout of MagicBlocks creates new SaaS-based revenue…

TuesdayJun 03, 2025 9:00 am

US SEC Dismisses its Lawsuit Against Binance

The U.S. government has officially dropped its civil lawsuit against Binance, one of the largest crypto exchanges globally. The decision, made public on Thursday, signals a shift in how the SEC is approaching digital currencies under the Trump administration. The dismissal was filed jointly by attorneys representing Binance, the SEC, and the exchange’s founder, Changpeng Zhao, in a Washington, D.C. federal court. According to the SEC, this move was made as a matter of policy and at the agency’s discretion. A spokesperson for Binance welcomed the decision, calling it a significant moment for the industry and expressing appreciation for SEC…