Cryptocurrency Live News & Updates : Spike in Bitcoin Exchange Outflows Amid Iran Conflict

1 day ago 3

24 Jun 2025 | 01:30:11 AM IST

Cryptocurrency News & Live Updates

Synopsis

Fiserv plans to introduce a digital asset platform and stablecoin, FIUSD, by the end of 2025, integrating it into its banking infrastructure and partnering with Paxos and Circle.

In recent developments, Fiserv has announced its ambitious plan to launch a digital asset platform and a stablecoin named FIUSD by 2025, enhancing its existing banking and payment systems. This initiative will benefit around 10,000 financial institutions and 6 million merchants, with initial deployment on the Solana blockchain. Meanwhile, Trezor has issued a security alert regarding a phishing scam exploiting its contact form, emphasizing the importance of user vigilance. In the crypto market, BNB has seen a notable rise, surpassing 630 USDT with a 4.09% increase in just 24 hours. Additionally, Nansen's research indicates that exchange outflows are rising amidst geopolitical tensions, suggesting that investors are capitalizing on market dips, particularly in memecoins, which have shown significant gains recently. Lastly, a security breach at the Bedrock UniBTC protocol has been uncovered, attributed to a former employee's exploitation of internal access, prompting calls for enhanced security measures across the industry. These events highlight the dynamic and often volatile nature of the cryptocurrency landscape.

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Fiserv to Launch Digital Asset Platform by 2025

Fiserv plans to introduce a digital asset platform and stablecoin, FIUSD, by the end of 2025, integrating it into its banking infrastructure and partnering with Paxos and Circle.

Trezor Alerts Users of Phishing Scam via Contact Form

Trezor has issued a warning about a phishing scam exploiting its contact form to send fake support emails, urging users to remain vigilant.

BNB Hits 630 USDT with 4.09% Daily Rise

As of June 23, 2025, BNB has surpassed the 630 USDT mark, currently trading at 630.69 USDT, reflecting a 4.09% increase over the last 24 hours.

Spike in Bitcoin Exchange Outflows Amid Iran Conflict

Nansen's analysis indicates that rising exchange outflows suggest investors, both retail and institutional, are capitalizing on the dip caused by the ongoing conflict in the Middle East.

Bedrock UniBTC Protocol Faces Security Breach

FuzzLand has disclosed a security breach at the Bedrock UniBTC protocol, executed by a former employee using internal access to steal sensitive information over three weeks. The incident was linked to unauthorized access to a vulnerability report.

Aptos' APT Surges 6% on Strong Buying Activity

APT has risen by 6% due to robust buying momentum, establishing support around the $3.87-$3.89 range.

Texas Allocates $10M for Bitcoin Reserve

Texas has become the first U.S. state to create a publicly funded bitcoin reserve, with Governor Greg Abbott signing a bill to allocate $10 million for bitcoin purchases, ensuring the reserve's protection from state revenue absorption.

Paytm Shares Plummet After UPI Fee Claims Denied

Paytm's shares fell by up to 10% after India's finance ministry dismissed rumors regarding UPI transaction fees as unfounded, leading to concerns about the company's profitability.

Cardone Capital Acquires 1,000 BTC, Plans More

Cardone Capital has added 1,000 BTC to its portfolio, aiming to acquire a total of 3,000 BTC by year-end, integrating real estate with cryptocurrency investments.

Hyperliquid Faces Potential Drop to $26.53

Hyperliquid (HYPE) is experiencing a significant correction after peaking near $45, with further declines likely until it tests key support at $26.53.

Fiserv Launches FIUSD Stablecoin on Solana

Fiserv is set to introduce a digital asset platform and the FIUSD stablecoin on Solana, collaborating with Circle, Paxos, and PayPal for enhanced cross-border payment solutions.

Bitcoin (BTC) Falls Below 101,000 USDT

As of June 23, 2025, Bitcoin has dipped below 101,000 USDT, currently trading at 100,950.30 USDT, reflecting a minimal 0.06% increase over the past 24 hours.

Hong Kong's Digital Currency Fund Seeks Regulatory Green Light

Zhu Haokang from China Asset Management (Hong Kong) announced that the Hong Kong Dollar Digital Currency Fund is ready for retail investors, pending regulatory guidelines from the Hong Kong Securities and Futures Commission.

Tesla and Trump Media Stocks Gain Amid Market Changes

Tesla's stock increased by 2.38% following the launch of its RoboTaxi service in Texas, while shares of Trump Media & Technology Group rose by 2.86% after a stock repurchase plan was approved.

Trump Calls for Lower Oil Prices

President Donald Trump has urged for immediate actions to decrease oil prices, highlighting the importance of addressing this issue.

Bitcoin Surges Past $103k After Missile Interception

Bitcoin's price quickly rebounded above $103,000 following the successful interception of Iranian missiles aimed at a U.S. base in Qatar, boosting market sentiment.

Polygon Price Shows Signs of Bullish Reversal

Polygon's price has been on a downward trend, hitting a low of $0.1732. However, its stablecoin supply has increased by 10% to over $2.3 billion, and transaction volumes have surged, indicating potential bullish momentum.

Bitcoin Hits 103,000 USDT with 3.65% Rise

As of June 23, 2025, Bitcoin has surpassed the 103,000 USDT mark, currently trading at 103,030.29 USDT, reflecting a 3.65% increase in the last 24 hours.