Category: Cryptocurrency

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VICTORIA, Seychelles, June 24, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, proudly announces its prestigious AAA rating on CER.live, a renowned cybersecurity ranking platform for cryptocurrency projects.

This accolade positions KuCoin as the top 6 most secure exchanges worldwide, reflecting its unwavering commitment to user protection and operational excellence. With a 90% security score and perfect 100/100 marks in server security, user security, penetration tests, and its bug bounty program, KuCoin stands alongside industry giants such as Coinbase, OKX, and Kraken, reinforcing its reputation as a trusted platform in the competitive cryptocurrency market.

In 2025, KuCoin has reinforced its security commitment through significant milestones. At TOKEN2049 Dubai, KuCoin announced the $2 Billion Trust Project, which showcases its commitment to the 41 million users through the security-first approach. In addition, the exchange secured the SOC 2 Type II certification, validating its strong internal controls for security, alongside the ISO 27001:2022 certification, aligning with global information security benchmarks. Most recently, on June 19, 2025, KuCoin unveiled a partnership with BitGo that integrates the Go Network for Off-Exchange Settlement. This collaboration enhances security for institutional clients by separating custody and execution. Through multi-year efforts, KuCoin aims to enhance transparency, security, and compliance by integrating advanced features like zero-trust architecture, sophisticated encryption key management, and monthly PoR (Proof of Reserves) reporting. These steps ensure users’ assets are both safeguarded and transparently managed, boosting confidence in the platform.

BC Wong, CEO of KuCoin, emphasized this ethos, stating, “Security isn’t just a feature at KuCoin—it’s the foundation of everything we do, and the AAA rating on CER.live reflects our relentless focus on user safety. We will continue to invest in cutting-edge security technologies and practices to stay ahead of emerging threats.“

Looking ahead, KuCoin is poised to strengthen its security framework. The exchange is also pursuing global regulatory compliance, including the MiCAR license in the EU, to meet evolving standards and ensure a secure trading environment worldwide. CER.live’s AAA rating carries weight due to its rigorous CERtified methodology, which evaluates exchanges on cybersecurity practices, penetration testing, PoR, and bug bounty programs. Integrated into CoinGecko’s TrustScore, these rankings offer users an objective measure of platform reliability, a critical factor in an industry where security lapses can be catastrophic.

Serving over 41 million users across 200+ countries, KuCoin continues to lead by example in the cryptocurrency ecosystem. Its achievements in 2025 highlight a mission to deliver a secure, user-focused platform that builds trust and accelerates Web3 adoption. Through its relentless focus on security, transparency, and innovation, KuCoin continues to set a high standard for the cryptocurrency exchange ecosystem.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and exceptional user experience. With a connected user base exceeding 41 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.

KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more at: www.kucoin.com

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NEW DELHI, June 23, 2025 /PRNewswire/ — Antier, the global leader in blockchain product development, announces the launch of its enterprise-ready stablecoin remittance platform, built for institutions demanding precision, control, and velocity in cross-border value exchange. As the world’s most trusted stablecoin development company, Antier delivers a modular, production-grade stack that modernizes the movement of capital across borders.

At stake is a massive opportunity: the global remittance market is projected to exceed $832.37 billion by 2025, with traditional corridors strained by high fees and fragmented intermediaries. Antier’s new platform addresses this challenge directly, eliminating delays, markups, and outdated infrastructure that have long hindered cross-border transfers. Designed for digital banks, licensed money operators, and fintechs, Antier’s stack enables businesses to develop stablecoin remittance platform solutions with built-in compliance, token lifecycle automation, and multi-chain routing.

“The future of remittances isn’t waiting for banks to catch up; it’s already being built on Stablecoin remittance stablecoins. This platform isn’t a prototype. It’s the rails for tomorrow’s global money movement.” 

— Gagandeep Singh, VP of Product, Antier

Stablecoin remittance platform development solutions from Antier offer role-based controls, live audit logs, liquidity routing, and fiat on/off-ramping, optimized for large-scale transactions, payroll automation, and international settlements. Antier’s platform integrates programmable stablecoin issuers, embedded liquidity engines, and regulatory workflows, delivering a complete product that’s already in motion.

Antier Offers Extraordinary Stablecoin RaaS Solutions!

• Programmable Treasury Control
• Multi-Chain Ready Architecture
• On/Off Ramp Integration
• Compliance-Built Infrastructure
• Modular Token Lifecycle Management
• Custom Admin Console
• Enterprise Wallet & Custody Suite
• High-Volume Remittance Performance

Each custom stablecoin payment solution is designed with compliance, scalability, and institutional readiness at its core, giving enterprises a clear path to launch and scale with confidence. Stablecoins aren’t the future. With Antier, they’re the present.

About Antier

Antier is a global blockchain and Web3 development company with a team of 700+ blockchain experts delivering purpose-built digital asset infrastructure. Operating in over 100 countries and trusted by 250+ active clients, Antier offers full-spectrum development services across stablecoins, exchanges, wallets, and token ecosystems. Before others notice the shift, we’ve already shipped the standard.

For More Information: Website | Tweet | Facebook | LinkedIn | Telegram | E-mail

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PANAMA CITY, June 20, 2025 /PRNewswire/ — Flipster, a global cryptocurrency trading platform, has partnered with the Aptos Foundation to accelerate stablecoin adoption and enhance multichain capital access worldwide — empowering traders with faster, more accessible, and more flexible ways to participate in global blockchain ecosystems and seize market opportunities across different chains.

As a key milestone of this partnership, Flipster now supports USDT deposits and withdrawals via the Aptos network. This integration adds another high-speed, low-friction option for stablecoin transfers on Flipster, giving users greater mobility across networks. It also enables seamless access to the Aptos ecosystem and participation in Aptos-based protocols.

“Aptos was purpose-built to power the future of global finance,” said Ash Pampati, Head of Ecosystem at the Aptos Foundation. “Through Flipster’s integration of USDT on Aptos, we’re unlocking new levels of access, speed and opportunities for users around the world, allowing them to engage with decentralized finance in faster, more impactful ways.”

“Stablecoins are how traders stay agile,” said Youngsun Shin, Head of Product and Partnerships at Flipster. “They have become essential infrastructure for modern trading, enabling lower-cost capital movement across ecosystems and unlocking new market efficiencies for global users. With USDT transfers on Aptos now live on Flipster, users gain another high-performance rail to deploy capital swiftly and seamlessly.”

Flipster has also recently listed $APT on its spot market, providing users with direct access to the Aptos token and a new entry point into its growing ecosystem.

To celebrate the partnership, Flipster is introducing a series of limited-time campaigns designed to deepen user engagement with the Aptos ecosystem:

• $30,000 USDT Launchpool (June 19–24): Verified users who stake $APT can earn USDT rewards, with bonus multipliers based on trading volume or VIP tier.
• $20,000 USDT Referral Program (June 19–24): New and existing users can earn up to 10 USDT by inviting friends who complete identity verification.
• New User Bonus (Ongoing): Eligible participants can earn up to 150 USDT by completing onboarding tasks through the Flipster Rewards Hub.

The Flipster-Aptos partnership reflects a shared vision for a more connected and capital-efficient trading ecosystem — where stablecoins play a pivotal role in enabling frictionless access to cross-chain ecosystems, liquidity, and opportunities across global markets.

To learn more or join the campaign, visit https://flipster.io/en/marketing/flipster-aptos-rewards.

About Flipster
Flipster is the zero-friction exchange built for traders who move fast and demand precision. With deep liquidity, ultra-tight spreads, and instant execution, Flipster performs even in fast-moving markets — no lag, no slippage. Every trade is tuned for precision — with zero wasted ticks.

Learn more at flipster.io or follow X.

About Aptos Foundation
Aptos Foundation is dedicated to supporting the development of the Aptos protocol and driving engagement with the Aptos ecosystem. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralization to the masses.

About Aptos
Aptos is a high-performance proof-of-stake layer-one blockchain. Aptos’ breakthrough technology, scalable infrastructure, and user safeguards are designed to power the next generation of financial systems by offering unparalleled high throughput and low latency that can scale to billions of users.

Press
pr@flipster.io

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View original content:https://www.prnewswire.co.uk/news-releases/flipster-and-aptos-foundation-partner-to-drive-stablecoin-adoption-and-unlock-multichain-opportunities-302487107.html

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Full SDK integration radically simplifies crypto transfers across leading chains

SINGAPORE, June 20, 2025 /PRNewswire/ — Leading digital identity platform SPACE ID is pleased to announce that Enkrypt, the multi-chain wallet developed by MyEtherWallet (MEW), has integrated its Payment ID solution, which allows Enkrypt users to send crypto to any centralized exchange (CEX) on any chain with just one simple name.

Payment ID replaces clunky 42-character deposit addresses with a human-readable name, like ‘alice’, mapped to all CEX deposit addresses on any chain, drastically reducing the risk of copy-paste errors or wrong address deposits that still plague the web3 space. Payment ID doesn’t even require a domain name – just a simple registration with an email address. 

On top of this, Enkrypt has integrated SPACE ID’s proprietary SDK, which allows wallet users to use any SPACE ID domain name, such as .bnb and .arb, as well as Unstoppable Domains’ native domain, .crypto, for seamless crypto transfers between web3 wallets, including MetaMask.

Harrison Seletsky, Director of Business Development at SPACE ID, says: “We’re excited to be working with two leading infrastructure projects in the web3 space – Enkrypt and Unstoppable Domains – to finally begin creating a more unified and interoperable crypto payments ecosystem.”

SPACE ID’s Payment ID system officially launched in April on MetaMask and Binance. This latest integration marks another step toward making crypto transfers from web3 wallets to CEXs more seamless and secure, ultimately bringing the web3 user experience closer to what users are accustomed to in the web2 world.

Kosala Hemachandra, CEO and Founder at MyEtherWallet & Enkrypt, says: “It has been our goal from day one, nearly a decade ago, to make crypto and web3 easy for normal people to use. Adding multi-chain support for domain names and Payment ID aligns with our vision, and SPACE ID was the perfect partner to continue this endeavor!”

With this integration, Enkrypt becomes one of the first wallets to offer native support for both Payment ID and SPACE ID’s universal identity infrastructure, radically simplifying the crypto transfer process for its users. 

The multi-chain collaboration between three leading payments and digital identity players is just one step in SPACE ID’s mission to unite the web3 space and make it truly interoperable, removing the need for bridging, copy-and-paste errors, and lengthy deposit addresses.

About SPACE ID
SPACE ID is the leading digital identity platform, powering trustless identity solutions for users, AI agents, dApps, and beyond. With over 6.7M registered domains and 2.7M owners supported across BNB Chain, Arbitrum, Ethereum, Story Protocol, and more, SPACE ID is setting the standard for secure and verifiable web3 identities.

To learn more about SPACE ID, users can visit https://space.id/ 

About Enkrypt
Enkrypt is a multichain, self-custodial, and open-source web3 wallet developed by MEW(MyEtherWallet), the same team that has made Ethereum easy and secure to use since 2015. Enkrypt allows users to manage all their crypto assets and access favorite DApps across multiple chains and ecosystems, including Ethereum/EVM, Bitcoin, Solana, Polkadot, and beyond.

Enkrypt enables multichain convenience like never before by allowing account and chain switching with a single click, with one recovery phrase for all accounts. Featuring hardware support, phrase import, and multiple accounts across various networks, Enkrypt is a wallet that goes anywhere users need to go in web3. Welcome to the multichain future.

To learn more, users can visit https://www.enkrypt.com/ 

Press Contacts

SPACE ID
Anna Fedorova
anna@block3.pr 

Enkrypt
Vince Major
VinceM@myetherwallet.com

Contact
Managing Director
Anna Fedorova
Block3 PR
anna@block3.pr 

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South Korea is witnessing a massive surge in cryptocurrency adoption, but not for the reasons many might expect. The real driver behind the boom isn’t a belief in blockchain innovation or faith in Web3—it’s the South Korea crypto crisis that’s gripping an entire generation of young people struggling to survive in a broken economic landscape.

With over 16 million registered users on local crypto exchanges—more than 30% of the population—crypto has become a lifeline for the youth, not just an investment tool.

Desperation, Not Innovation, Drives Crypto Use

At German Blockchain & AI Week, Eli Ilha Yune, Chief Product Officer at quantum machine learning startup Anzaetek, shed light on the grim reality behind South Korea’s crypto explosion. Speaking on the “Asia Insights” panel, Yune dismissed the idea that crypto’s popularity in South Korea stems from the same ideological or technological enthusiasm found in the West.

According to Yune, young Koreans are not flocking to digital assets out of belief in blockchain’s future—they’re doing it because they have no better option. “They’re seeking quick money,” he explained, attributing the crypto boom to financial despair rather than innovation.

The Role of Political Change and Policy Shifts

The South Korea crypto crisis is unfolding amid significant political transition. Newly elected President Lee Jae-myung has begun implementing campaign promises to integrate digital assets into the country’s financial system.

Plans are underway to issue a Korean won-based stablecoin, a move that South Korea’s central bank does not oppose. These efforts aim to legitimize crypto at the institutional level, but they also risk encouraging even more speculative behavior among desperate retail investors.

The Economic Reality Behind the Crypto Craze

South Korea’s youth face staggering economic hurdles. According to the 2025 Korea Wealth Report, the so-called “young rich” hold three times more crypto than their older wealthy counterparts. Moreover, 34% of the country’s high-net-worth individuals already have exposure to crypto assets.

But these figures don’t tell the full story. Yune emphasized that most young investors are not well-versed in the underlying technology or market mechanics of crypto. Instead, they’re turning to it as a last resort in a country where traditional paths to wealth—like home ownership or stock market gains—are increasingly out of reach.

Youth Unemployment and the Housing Crisis

Unemployment among South Koreans aged 15 to 29 currently stands at 6.6%, more than double the national average of 2.7%. This means that even highly educated individuals are struggling to find stable employment.

Meanwhile, the housing market has become an insurmountable barrier. The median price of an apartment in Seoul has doubled over the last five years, reaching over 1 billion won (about $689,000). The price-to-income ratio in the city now sits at 15.2, among the highest in the world.

“They cannot buy houses anymore, or even the rent is too high for them,” Yune said. “So their only option is to do crypto.”

The Risks of a Speculative Lifeline

Yune’s comments paint a troubling picture. Many young Koreans entering crypto do so without understanding blockchain, smart contracts, or even basic trading strategies. For them, cryptocurrency isn’t a revolutionary technology—it’s a lottery ticket.

This disconnect underscores the deeper South Korea crypto crisis—one rooted in systemic economic inequality, lack of opportunity, and a broken housing market.

While political moves like institutional crypto integration and stablecoin initiatives may stabilize the system in the long run, they do little to address the desperation driving so many young Koreans into volatile and risky financial territory today.

As the world watches South Korea’s crypto boom, it’s crucial to remember: this is not just a tech story. It’s a human one—fueled by real-world pain, disillusionment, and the search for a way out. Without structural reforms in employment and housing, crypto may remain less a solution and more a symptom of systemic crisis.

If policymakers fail to address these root causes, the country risks anchoring its future economic hopes to volatile digital assets—a fragile foundation for any society. The South Korea crypto crisis is a wake-up call, not just for Seoul, but for any nation grappling with generational inequality and economic stagnation.

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HAMILTON, Bermuda, June 19, 2025 /PRNewswire/ — GRVT, the world’s first licensed onchain exchange, is teaming up with rhino.fi, a leading intent based liquidity network for seamless cross-chain access experience across both EVM and non-EVM networks. Users can now deposit to and withdraw from GRVT directly using BSC, Arbitrum, Solana or TRON via rhino.fi, which can expand to over 30 chains supported by rhino.fi in the future.

Only one week after the integration’s soft launch, a transaction volume of 500K was achieved. This growth is expected to accelerate as user confidence increases.

As part of a wider DeFi TVL surge (over $2.4 billion in TVL added to derivatives protocols in the past year), GRVT crossed a major milestone, hitting $8 billion in total trading volume, according to DefiLlama.

Average spreads on GRVT have also been significantly tightened since its Mainnet launch, meaning better liquidity, lower slippage, and more value per trade for traders, as noted on GRVT’s X account.

Hong Yea, co-founder and CEO of GRVT, commented, “Our partnership with rhino.fi marks an important step toward seamless self-custodial trading onchain. By enabling users to bridge assets directly into GRVT from across chains, we’re tearing down the technical and accessibility barriers that have long held back true DeFi adoption. For the GRVT and rhino.fi communities, this means faster onboarding, broader access, and a frictionless trading experience without compromising the custody of user funds.”

rhino.fi co-founder and CEO Dan Yanev added: “GRVT exemplifies the promise of appchains, combining high performance with regulatory readiness. At rhino.fi, we’re proud to connect GRVT to the broader DeFi ecosystem through instant, zero-slippage transfers.”

Starting June 23, the two platforms will host a joint campaign to incentivize users bridged via rhino.fi, with a share of up to 12,000 USDT and 700,000 GRVT Points for grabs. Users can earn rewards simply by bridging into GRVT and trading during that window. Full details will be available on GRVT’s and rhino.fi’s social media channels.

Disclaimer: Perpetuals trading of cryptocurrencies is subject to high market risk and price volatility and you may be called upon at short notice to commit further margin deposits or risk being liquidated. This content is not a distribution of, or an offer or solicitation to provide, financial services or products, nor a representation as to their suitability or legality for you. GRVT is not a regulated entity and your funds are not subject to regulatory protection. Before making any decision based on this content, please seek financial and legal advice, and carefully review our Risk Disclosure and Disclaimer in full.

About GRVT

GRVT (pronounced “gravity”) is the world’s first licensed onchain exchange, where traditional banking meets decentralized innovation on one regulated, compliant, and trustless financial market place.

A blockchain-based platform that is democratizing how wealth is created and shared, GRVT allows everyday people to trade, invest, and grow their wealth by providing direct access to top industry traders and investors.

GRVT official website: https://grvt.io/
Social and Community: X | LinkedIn | Telegram | Discord

About rhino.fi
rhino.fi is a cross-chain bridge and liquidity network focused on high-speed and low-cost transfers of stablecoins between 35 different blockchains. rhino.fi has served 2.3m customers, processed more than $4bn in transaction volume and has been invested in by Bitfinex/Tether and LightSpeed Venture Partners.

rhino.fi official website: https://rhino.fi/
Social and Community: X | LinkedIn | Telegram

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IP crypto price continues to fall after early hype wears off, with weak adoption, macro pressure, and profit-taking weighing on Story Protocol’s token.

Why Is the IP Crypto Price Falling Today?

After a promising launch and an explosive price rally, the IP crypto price tied to the Story Protocol is facing a sharp and sustained decline. On June 19, the token fell another 8.74%, deepening a month-long drawdown of more than 35%.

From its all-time high of $7.33 just weeks after launch, IP has now lost about 65% of its value, trading under $2.60. What began as a breakout altcoin success story is quickly turning into a cautionary tale of early hype fading amid weak fundamentals.

Broader Market Conditions Are Weighing on Altcoins

The entire crypto market has experienced turbulence over the past month, largely due to macroeconomic uncertainty and geopolitical tensions, particularly the ongoing Iran-Israel conflict. While Bitcoin (BTC) and Ethereum (ETH) have held relatively steady—down 1.2% and up 0.49% respectively during the same period—smaller altcoins like IP have taken a bigger hit.

According to CoinMarketCap, altcoin dominance (excluding ETH) has plummeted in June, falling from 27.2% to just 2.6%. Meanwhile, Bitcoin’s market dominance has risen, signaling a clear flight to safety among crypto investors.

With risk appetite shrinking, speculative tokens are among the first to be sold off. The IP crypto price, once buoyed by launch euphoria, is now a victim of that shift.

The Launch Hype Has Worn Off

It’s not unusual for new tokens to see massive gains in the days following a debut, especially if backed by major investors. Story Protocol launched with strong support from notable names like a16z and Samsung Next, raising $140 million ahead of its token release.

Its core mission—to bring the $61 billion intellectual property market on-chain—struck a chord with the Web3 community. The protocol allows creators to register content, tokenize it, and set custom licensing rules, opening the door to decentralized monetization models.

But early excitement isn’t translating into sustained use.

Weak Fundamentals Undermine Price Support

Despite bold promises, on-chain data paints a worrying picture. According to DeFiLlama, the Story Protocol’s total value locked (TVL) has dropped to just $11.25 million. Daily chain fees and app revenue are negligible, signaling minimal user engagement and a sluggish ecosystem.

Without significant traction in its user base or applications, the IP crypto price is left exposed to volatility and investor exits.

Simply put, if people aren’t using the platform, the token has limited utility—and that’s reflected in its recent performance.

What Needs to Happen for IP to Recover?

For the IP crypto price to stabilize or regain upward momentum, Story Protocol must attract real adoption. This means onboarding more creators, developers, and consumers who actively engage with the platform’s tools for content registration and licensing.

It will also require better integration into existing content ecosystems, partnerships with media or publishing companies, and clearer value propositions for token holders.

Until those developments materialize, the token will likely remain under pressure, especially in a market that’s leaning risk-off.

Final Thoughts: Story Protocol’s Road Ahead

The fall in IP crypto price is a clear reminder that investor hype alone cannot sustain a token’s value. While Story Protocol’s mission is ambitious and well-funded, it faces the same fundamental challenge as most blockchain projects: real-world adoption.

If the team can deliver on its vision of bringing intellectual property on-chain—and build a thriving user base around it—there’s potential for a turnaround. But for now, the market is demanding more than just a flashy launch and big-name backing.

As investors shift their focus toward utility and execution, the Story behind IP will need more than good intentions to earn back market trust.

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