Author: Blockto Team

Blockchain Analyst Disputes Claims of Self-Donation by Ross Ulbricht Ross Ulbricht, the founder of the dark web marketplace Silk Road, recently received 300 Bitcoin (BTC) — valued at over $31 million — in a wallet linked to his donation campaign. However, blockchain researcher ZachXBT has dismissed rumors that the transaction was a self-donation from hidden Silk Road funds. “It likely doesn’t appear to be a self donation,” ZachXBT stated, citing evidence from on-chain analytics. BTC Came From Questionable Sources According to ZachXBT, the funds were sent through Jambler, a centralized Bitcoin mixing service, which obscures the origin of transactions. While…

Japanese Firm Now Holds Over 8,888 BTC, Among Top Ten Corporate Bitcoin Holders Worldwide Metaplanet, a Tokyo-based public company, has continued its aggressive Bitcoin investment strategy with a fresh acquisition of 1,088 BTC, pushing its total holdings to 8,888 BTC — now valued at more than $930 million. The purchase cost the firm 16.885 billion yen ($117.5 million), with an average acquisition price of 15.5 million yen ($108,051) per BTC. Strategic Move Towards 10,000 BTC Goal by Year-End Metaplanet initiated its Bitcoin treasury policy in April 2024, committing to the use of BTC as a core asset for corporate reserves.…

Major Cryptocurrencies Hold Support Amid Trade Tensions Despite recent declines triggered by profit-taking and global trade fears, major cryptocurrencies are showing signs of price stabilization. Market analysts indicate that several top altcoins are forming local bottoms, providing potential entry points for traders. Bitcoin is currently hovering around the $105,000 mark, maintaining a steady level amid macroeconomic uncertainty. Altcoins Show Resilience Alongside Bitcoin, key altcoins like Ether (ETH), XRP, Solana (SOL), Cardano (ADA), and Dogecoin (DOGE) have displayed similar price action, trading near support levels. XRP is priced at $2.17, SOL at $155.38, and DOGE at $0.19148 — all exhibiting signs…

Surge in Decentralized Exchange Activity Marks Major Market Shift Decentralized exchanges (DEXs) captured a historic 25% share of global spot crypto trading volume in May, reaching an all-time high against centralized exchanges (CEXs). According to recent industry data, DEXs recorded $410.2 billion in spot trading volume for the month, a significant increase from January’s previous record of 20%. This growing DEX dominance reflects a broader shift in user trust and platform preference across the crypto ecosystem. PancakeSwap Leads the DEX Market Among the top-performing DEXs in May, PancakeSwap recorded a leading $171.6 billion in monthly trade volume. It was followed…

XChat Aims to Compete With Secure Messaging Platforms Social media platform X has launched a new messaging feature named XChat, promising advanced communication capabilities. The service is described as a major upgrade to the platform’s current direct messaging system, offering audio and video calls, vanishing messages, file sharing, and encryption. XChat is designed to offer private, secure, and flexible messaging for users seeking more than basic text communication. Musk Claims “Bitcoin-Style Encryption” — A Controversial Term One of the most discussed features is the implementation of what has been called “Bitcoin-style encryption.” However, this phrase has sparked confusion among cryptography…

South Korea has recorded its first institutional crypto sale following the phased lifting of its ban on institutional digital asset trading. On Sunday, World Vision Korea, a leading humanitarian aid organization, sold 0.55 ETH (worth approximately $1,396.50) on Upbit, the country’s largest cryptocurrency exchange. The sale was confirmed by Dunamu, Upbit’s parent company. This marks a milestone transaction, as World Vision becomes the first non-retail entity to liquidate crypto holdings since the South Korean Financial Services Commission (FSC) relaxed regulations effective June 1. The FSC recently announced that qualified non-profits and registered exchanges can now sell digital assets held through…

Bitcoin (BTC) is stabilizing around the $105,500 level, acting as a key technical and psychological pivot point after pulling back from its recent all-time high of $111,800. As of 8:35 p.m. on June 1, BTC was trading at $105,597, according to The Block’s Bitcoin price page. According to Rachael Lucas, crypto analyst at BTC Markets, this price range could determine the next leg of Bitcoin’s bull cycle. “Indicators like the RSI and MACD are showing signs that the strong bullish momentum is starting to wane, at least temporarily,” said Lucas. “That said, the longer-term outlook still leans optimistic.” Key Levels…

Heightened macroeconomic uncertainty—driven by U.S. trade tariffs under Donald Trump’s administration—is forcing traders to adopt short-term profit-taking strategies, according to Arrash Yasavolian, CEO of the AI-driven Taoshi trading platform, built on the Bittensor blockchain. In a recent interview with Cointelegraph, Yasavolian explained that headline-driven volatility has become the new normal, particularly across crypto and risk-on markets. As a result, many traders are no longer holding positions long-term but are instead opting to lock in gains intraday. “When you have your profit, you just take it. Trading behavior has essentially become intraday,” Yasavolian said. “We’ve adopted this strategy internally too.” Headline…

Wintermute, a major crypto market maker, has developed a tool to combat a rising threat in the Ethereum ecosystem—malicious smart contracts exploiting the new EIP-7702 delegation feature to drain user wallets. ‘CrimeEnjoyor’ Flags Dangerous Delegation Contracts On May 30, Wintermute unveiled “CrimeEnjoyor”, a code that injects visible warnings into verified malicious Ethereum contracts. These contracts are designed to auto-sweep incoming ETH from wallets with compromised private keys. The message warns users: “This contract is used by bad guys to automatically sweep all incoming ETH. DO NOT SEND ANY ETH.” This initiative comes in response to a growing trend of wallet-draining…

The rise of autonomous machines is redefining the future of work and commerce. Delivery robots, drones, and AI agents are no longer passive tools — they are becoming economic participants with onchain wallets, capable of earning, spending, and negotiating transactions independently. Bots as Economic Agents The autonomous machine economy is no longer a concept. It’s real, and it’s operational. Robots equipped with wallets can now pay tolls, tip navigation services, and collect service fees — all without human intervention. As they deliver packages or gather data, they execute microtransactions in real-time, making them agents in decentralized financial ecosystems. Access to…