US company uses bitcoin to pay for Salvadoran coffee purchases

Bitdeer announced the unaudited mining and operations update for May 2025, which revealed that 196 bitcoins were self-mined, an increase of 18.1% from April, and the current bitcoin holdings reached 1,351. In addition, Bitdeer also disclosed that Tether exercised warrants in May 2025, and the company issued 5,186,627 common shares and received $50 million in cash as proceeds. This transaction is related to the private financing that occurred in May 2024.

According to Tom Wan, head of data analytics at Entropy Advisors, the market value of USDC on the Ethereum second-layer network Arbitrum chain has reached 5.20 billion dollars, but up to 70% of it is used on the decentralized exchange Hyperliquid.

India's Central Bureau of Investigation (CBI) has arrested a man, Rahul Arora, and seized $327,000 (approx. 280 million rupees) worth of cryptocurrency and $26,400 (approx. 220,000 rupees) in cash in Delhi, successfully cracking a transnational cybercrime case against victims in the United States and Canada. Investigators discovered international calling equipment, caller ID forgery software, social engineering tools, and voice recording tools during raids at three locations. The operation is pa...

On-chain analysis platform Glassnode released data showing that the price of ETH short-term options has risen sharply in the past 48 hours, with 1-week IV rising from 65.2% to 79.0% and 1-month IV rising from 66.4% to 72.1%. The analysis believes that this steepening volatility term structure reflects the increasing demand for short-term protection or upside risk exposure in the short-term outbreak of ETH prices.

Ethereum developer Péter Szilágyi broke out in a dispute with Tomasz Stańczak, co-executive director of the Ethereum Foundation. Szilágyi said that as a key member of the development team of Geth (the main client side software of Go Ethereum Ethereum), the foundation has proposed in the past to bid $5 million to make the Geth team independent to divest from the foundation, but Szilágyi and his team members rejected this offer and chose to remain in the base...

President Trump: A federal appeals court has just ruled that the United States can use tariffs, and the ruling is a major and important victory for the United States.

According to the official news, due to the maintenance of the Tezos (XTZ) wallet system, Upbit will suspend its deposit and withdrawal services.

According to on-chain analyst Onchain Lens, a giant whale address sold 73.4 cbBTC, worth about $8.02 million, and bought 2,890 ETH at $2,775.

According to the official announcement, Binance Futures will launch the TAIKO USDT perpetual contract at 20:30 on June 11, 2025 Beijing time, and the SQD USDT perpetual contract at 20:45, both of which support trading with up to 50 times leverage.

According to the official page, Binance Alpha has launched MEET48 (IDOL).

According to the monitoring of Paidun, the Ethereum Foundation has internally transferred 1000 ETH to the address 0xbC9a... fbC3, worth about 2.80 million dollars.

U.S. federal agencies hunting for illegal immigrants have repeatedly clashed with protesters in Los Angeles in recent days. Trump ordered the deployment of nearly 5,000 National Guard and Marine Corps soldiers to Los Angeles. California Governor Newsom said in a speech on the evening of June 10 that the National Guard and Marine Corps personnel were stationed in Los Angeles not just to quell the protests triggered by a series of raids by federal law enforcement officers, but part of an orchestra...