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According to ShibDaily, defendants John Woeltz and William Duplessie have pleaded not guilty to charges related to the alleged kidnapping and false imprisonment of cryptocurrency holder Michael Valentino Teofrasto Carturan in New York City. During a recent court appearance in Manhattan, Justice Gregory Carro denied bail for both defendants, who face charges that could result in a life sentence if convicted. The defense team contested the prosecution's portrayal of events, with Sam Talkin, representing Duplessie, claiming that Carturan was willingly participating in activities at a SoHo townhouse. Prosecutor Sarah Khan presented evidence suggesting that Woeltz, Duplessie, and Carturan had a shared history in cryptocurrency investing and had communicated electronically over several years. The alleged incident occurred on May 6, when the three met in person, and Woeltz and Duplessie reportedly seized Carturan's electronic devices and subjected him to violent assaults. Khan described the alleged acts of violence, including pistol-whipping, cutting with a chainsaw, and extinguishing fires on Carturan's body by urinating on him after dousing him with tequila. Approximately three weeks after the alleged kidnapping, Carturan was reportedly taken from the townhouse by Woeltz to facilitate a cryptocurrency transfer. During this outing, Carturan allegedly escaped and found a police officer while in distress, barefoot, and bleeding. A subsequent search of the townhouse by authorities reportedly uncovered a chainsaw, a loaded pistol, and a photograph of Duplessie with a firearm aimed at Carturan. This case highlights a growing trend of violent crimes and abductions linked to cryptocurrency, with similar incidents reported in France, including one involving Ledger co-founder David Balland, who suffered a severed finger during a ransom demand.

Binance Blog published a new article, revealing insights into a recent trend affecting traders' perceptions and behaviors. The article delves into the psychological biases of the gambler’s fallacy and self-attribution bias, which can lead traders to develop an illusion of control over market outcomes. These biases can distort traders' understanding of probabilities and skill, pushing them towards gambling-like behavior that may result in overconfidence and significant losses.The gambler’s fallacy is the belief that a reversal is due after a streak, such as expecting a market bounce after a dip. This mindset is akin to betting on rain after a sunny week, despite each event being independent. In trading, this fallacy can lead to misinterpretation of market signals and risk assessment. Self-attribution bias, on the other hand, causes traders to over-credit their wins to skill while attributing losses to external factors. This bias can inflate a trader's ego, leading to overconfidence and risky decisions. Together, these biases create a false sense of control, encouraging traders to rely on gut feelings rather than sound strategies, potentially resulting in avoidable losses.The article provides a crypto case study to illustrate these biases in action. A trader experiencing quick wins on meme coins may develop a false sense of skill, leading to larger bets and eventual significant losses. The gambler’s fallacy convinces them that a rebound is inevitable, while self-attribution bias shields their ego from acknowledging poor decisions. This cycle of risky behavior and denial can lead to deeper losses and a disconnect from reality. The article emphasizes the importance of recognizing these biases and shifting focus from feeling in control to maintaining a disciplined trading process.To counteract the illusion of control, the article suggests several strategies. Traders should log their reasoning behind trades, not just the outcomes, to distinguish real insights from luck. Implementing a cooldown period before executing trades can help disrupt impulsive decisions. Setting a "confidence budget" limits the number of high-conviction bets, encouraging traders to pause and review their strategies. Additionally, creating a "win quarantine" after a streak can help reset the mental state and prevent reckless follow-ups. These practices aim to build awareness, discipline, and clarity, countering the biases that can lead to overconfidence and losses.In conclusion, the article highlights that when the gambler’s fallacy and self-attribution bias dominate, trading becomes more like gambling. Recognizing these biases and focusing on process over prediction can help traders maintain clarity and rationality. Consistent traders prioritize analysis and adaptation over chasing patterns or attributing luck to skill, ultimately gaining an edge in the market.

According to PANews, Cathie Wood, the founder of Ark Invest, has described Tesla as the largest artificial intelligence project on Earth. Throughout this week, she has been actively purchasing Tesla (TSLA.O) shares.

Key Takeaways:Binance lists DeFi App (HOME) on June 12 at 15:00 UTC.200 million HOME tokens airdropped to users subscribed to BNB Simple Earn from June 6–9.HOME will trade against USDT, USDC, BNB, FDUSD, and TRY.2.72 billion HOME tokens (27.2% of total supply) will be in circulation at listing.June 12, 2025 – Binance has announced the listing of DeFi App (HOME), the 22nd project featured in its HODLer Airdrops program. The HOME token will be available for trading starting 15:00 UTC, with spot trading pairs including USDT, USDC, BNB, FDUSD, and TRY.Users who subscribed BNB to Simple Earn (Flexible or Locked) or On-Chain Yields between June 6 and June 9 (UTC) will receive 200 million HOME tokens via airdrop, distributed to their Spot Wallets at least one hour before trading begins.The total token supply is 10 billion HOME, with an initial circulating supply of 2.72 billion. An additional 100 million HOME will be distributed through future marketing campaigns three months after listing.HOME is deployed on BNB Chain, Base, and Solana, and will carry a Seed Tag on Binance.

According to Foresight News, BlackRock has announced its ambition to become the world's largest crypto asset management company by 2030. The firm aims to manage assets exceeding $50 billion as part of this goal. This strategic move highlights BlackRock's commitment to expanding its presence in the rapidly growing cryptocurrency sector.

According to BlockBeats, a recent report highlights a significant shift in investment strategies among family offices, with a growing emphasis on private equity and digital assets. The report, released by BNY Wealth, indicates that two-thirds of family offices managing over $1 billion in assets plan to increase their allocation to private equity funds this year, marking a nearly 70% rise from 2024.In contrast, these institutions have reduced their exposure to public stocks, which now account for only about 19% of their investable assets, a 28% decrease from the previous year. This trend reflects a strategic move to diversify portfolios and reduce reliance on traditional stock investments.

Key Takeaways:Binance confirms 23rd TGE event featuring B3K Games’ $SGC token.Subscription opens from 4:00 pm to 6:00 pm (UTC+8) on June 13, 2025.Eligible users must participate using Binance Alpha Points.300 million SGC tokens reserved for upcoming promotional events.Binance has announced the launch of its 23rd exclusive TGE (Token Generation Event), featuring B3K Games ($SGC).The subscription window will run from 4:00 pm to 6:00 pm (UTC+8) on June 13, 2025. To participate, users must meet eligibility requirements and use Binance Alpha Points via the designated Alpha Events page.In addition, Binance revealed that 300,000,000 SGC tokens will be allocated for future community events and activities. Specific details for these upcoming initiatives will be announced separately.Further TGE event details, including token allocation and distribution mechanics, will be released soon.

Key Takeaways:Binance Alpha users with 237+ points can claim 8 free PUNDIAI tokens.Airdrop claim period starts at 6:00 UTC on June 12, 2025, and lasts 24 hours.Claiming the airdrop costs 15 Alpha points.Binance to launch PUNDIAI trading competition with a 107,000 PUNDIAI prize pool.Binance has announced that PUNDI AI (PUNDIAI) is now featured on its Alpha platform.Eligible users holding at least 237 Binance Alpha Points can claim an airdrop of 8 PUNDIAI tokens starting at 6:00 UTC on June 12, 2025, via the Alpha Events page.Each claim will deduct 15 Alpha Points and must be confirmed within 24 hours. Unclaimed airdrops after this window will be forfeited.In addition, Binance will soon launch a PUNDIAI trading competition with a total prize pool of 107,000 PUNDIAI tokens. Further details on the competition format and eligibility will be released shortly.

According to Foresight News, Tether has acquired a strategic equity stake in Elemental Altus, a publicly listed gold royalty company based in Canada. This move aims to integrate long-term stable assets like gold and Bitcoin into Tether's ecosystem. Tether purchased 78,421,780 common shares of Elemental, representing approximately 31.9% of the company's issued and outstanding shares. The transaction was completed through a private agreement conducted offshore.

According to PANews, Layer1 blockchain company peaq has partnered with Pulsar Group to introduce a dedicated sandbox in the United Arab Emirates. This initiative aims to explore the integration of robotics and artificial intelligence within a decentralized economy. The collaboration has led to the establishment of the 'Machine Economy Free Zone' in Dubai, which combines regulation, infrastructure, and investment to advance decentralized, machine economy-specific use cases.The program is designed to provide a controlled environment for developers, businesses, and government stakeholders to test and develop machine economy applications, including DePIN networks. Max Thake, co-founder of peaq, explained that the free zone will build a 'human-centric economic system' where autonomous robots and smart devices can generate value and earn rewards.Potential applications include community-driven air quality monitoring, hyper-localized weather forecasting, and virtual power plants composed of user devices. The project introduces an innovative 'Universal Basic Ownership' (UBO) mechanism, which aims to distribute a portion of the wealth created by robots to groups affected by automation-induced unemployment through tokenization.

According to Foresight News, cryptocurrency analyst Willy Woo recently shared his views on the evolving role of gold and Bitcoin in the realm of ledger technology. Woo highlighted that gold's industrial applications and its abundant availability in the universe diminish its status as an immutable monetary ledger. He emphasized that true value lies in ledger technology, which gold has represented for the past 6,000 years.Woo argued that Bitcoin now stands as the superior ledger technology, surpassing gold's historical significance. He noted that perceiving actual value as industrial value indicates a misunderstanding of currency's essence, which is fundamentally a ledger technology. Woo concluded that Bitcoin represents a perfected form of ledger technology, offering a modern alternative to gold's longstanding role.

According to BlockBeats, prominent crypto influencer Gake addressed the suspension of their X account in a Telegram community post, clarifying that they had not shared any content related to ppmt. Gake did not specify the reason for the account suspension.Earlier today, X platform initiated a widespread suspension targeting crypto users, resulting in the banning of several accounts, including those of Eliza, GMGN's official Twitter, and various MEME influencers.

According to PANews, Canadian Bitcoin technology firm Matador Technologies Inc. (TSXV: MATA) has announced an additional purchase of 5.38 bitcoins, costing the company 798,000 Canadian dollars, approximately 581,198 U.S. dollars. The average acquisition price for these bitcoins, including fees and expenses, was 107,217 U.S. dollars per bitcoin. This recent acquisition increases Matador's total bitcoin holdings to approximately 69 bitcoins and bitcoin equivalents.

According to PANews, TrumpMeme has officially announced the distribution of commemorative NFTs to users who attended the TRUMP dinner. Participants can view these NFTs in their Solana wallets used during the event. The NFT series is technically supported by Metaplex, with data stored on the Irys platform, a blockchain data developer.

According to the announcement from Binance, the platform has introduced support for the Syrian Pound (SYP) on its Peer-to-Peer (P2P) trading service. This development allows users to trade SYP in exchange for major cryptocurrencies such as Bitcoin (BTC), Tether (USDT), Ethereum (ETH), and Binance Coin (BNB), among others. The addition of SYP expands the range of fiat currencies available on Binance P2P, providing users with more flexibility in their trading activities.On Binance P2P, users have the option to post trade advertisements or engage in direct cryptocurrency transactions using SYP with other users or verified merchants. This feature is designed to facilitate seamless trading experiences for both new and experienced users. Binance P2P offers a variety of payment methods, enhancing the convenience and accessibility of trading for users in different regions. The platform aims to provide a secure and user-friendly environment for cryptocurrency transactions.For those who are experienced in using Binance P2P and have a reliable source of cryptocurrency and SYP, there is an opportunity to join the Global P2P Merchant Program. Participants in this program can benefit from exclusive customer support, verified badges, and access to advanced trading tools. This initiative is part of Binance's efforts to enhance the trading experience and support its growing community of users. The introduction of SYP on Binance P2P reflects the platform's commitment to expanding its services and accommodating a diverse range of users globally.

According to BlockBeats, Swedish health technology company H100 Group AB announced on Wednesday that it has raised 101 million Swedish kronor (approximately $10.6 million) to accelerate its Bitcoin funding strategy. Following the announcement, the company's stock price surged by 45%.Market data indicates that H100 closed at 4.64 Swedish kronor (approximately $0.49) on the Nordic Growth Market. Since the initiation of its Bitcoin reserve plan, the company's stock has increased by 280%.

According to BlockBeats, Solayer announced on social media that its Mega Validator has been selected as the Marinade Select Validator for Solana's liquidity staking protocol, Marinade.

According to PANews, data from CryptoQuant indicates that the stablecoin market has experienced significant growth, reaching a record market capitalization of $228 billion in 2025. This marks an increase of $33 billion, or 17%, from previous figures. The surge is primarily driven by heightened trading activity, expanded use in payments, and clearer regulatory frameworks under U.S. President Donald Trump's administration.

BNB Hack has revealed the latest list of award-winning projects. The selection process covered submissions from May 25 to June 5, 2025, with over 30 project applications received. AI agent tool marketplace MCPForge was named a Tier 3 winner, receiving a prize of 3,000 USDT, a $50,000 startup support package, and an opportunity for exposure through BNB Chain channels. Additionally, Quest Craft, Akai Space, Expiry Mitra, and NeuroBalance were recognized as Tier 4 potential winners.

According to BlockBeats, Tencent Holdings Ltd. is considering a potential acquisition of South Korean gaming company Nexon. The company has reportedly reached out to the family of Nexon's late founder, Kim Jung-ju, to discuss the possibility of a deal. The Kim family is currently consulting with advisors to evaluate various options.Sources indicate that it remains uncertain how willing NXC, Nexon's parent company, is to sell its stake in Nexon, and there is no guarantee that Tencent's discussions will lead to a transaction. The specific structure of any potential deal has yet to be finalized. Representatives from Tencent have not responded to requests for comment, while Nexon and NXC have declined to comment.Nexon, known for role-playing games such as 'MapleStory,' was founded in 1994 and completed the largest tech IPO in Japan in 2011. Its Tokyo-listed shares have risen over 10% this year, with a market value of approximately $15 billion. Tencent previously attempted to acquire Nexon in 2019 but was unsuccessful. The two companies have collaborated on developing Tencent's revenue-generating game 'Dungeon & Fighter.'