ChainCatcher news, as South Korea gradually lifts the de facto ban on institutional cryptocurrency trading, the non-profit organization World Vision Korea has become the first non-retail investor to sell cryptocurrency assets after the ban was lifted. The organization sold 0.55 ETH (approximately $1,396.5) on the local exchange Upbit on Sunday, with the transaction announced by Upbit's parent company Dunamu.The South Korean Financial Services Commission (FSC) previously announced that starting from June 1, eligible non-profit organizations and registered exchanges can sell held cryptocurrency assets on local trading platforms, with sources including donations and fee income. The FSC also plans to further open trading permissions for listed companies and professional investment institutions in the second half of 2025.This Tuesday, South Korea will hold a presidential election, with all three main candidates promising to develop the cryptocurrency asset industry and support the launch of the first spot cryptocurrency ETFs.

ChainCatcher news, Nansen CEO Alex Svanevik posted on the X platform that a certain investor bought loud at a high point, but due to a price drop of about 69%, he has currently lost $116,000.

ChainCatcher news, according to CoinDesk, the cryptocurrency market experienced a significant decline this weekend, with Dogecoin dropping over 8%, PEPE down 12%, and Bitcoin's price falling more than 2%, trading slightly above $103,600. ETH fell nearly 4%, while Ripple (XRP), BNB Chain (BNB), ADA, and SOL all dropped 2-5%.Analysts believe that this economic downturn is related to the renewed escalation of trade tensions, and market volatility is expected to persist. The derivatives market also indicates that investors' cautious sentiment is increasing; according to Deribit data, the open interest in Bitcoin futures has risen by 51% since April, while options contracts have surged by 126%.

ChainCatcher news, according to a report by CoinTelegraph, crypto analytics firm Glassnode stated in its report on May 29 that investors in BlackRock and Fidelity's spot Ethereum ETF have an average unrealized loss of about 21%.The current price of Ethereum is $2601, while BlackRock's spot Ethereum ETF cost basis is $3300, and Fidelity's is higher at $3500.

ChainCatcher news, according to Finance Feeds, the North Korean hacker group Lazarus Group has recently shifted its attack targets to individual investors, stealing over $5.2 million from a merchant through malware on May 24. The stolen funds involve multiple wallet types, including exchange wallets, multi-signature wallets, and external accounts.Blockchain analyst ZackXBT tracked that the hackers have transferred about 1,000 ETH through the mixer Tornado Cash.Security experts recommend that individual investors take protective measures: use hardware wallets to store large assets, enable two-factor authentication, regularly update software patches, be wary of suspicious links, and regularly check transaction records. This attack marks a strategic shift for the organization from targeting institutions to individual investors.

ChainCatcher news, the Vietnamese police have arrested a gang suspected of orchestrating the cryptocurrency scam "Matrix Chain," which has defrauded investors of nearly 400 million dollars.The alleged pyramid scheme fraud group established a multi-level system across three regions in Vietnam, misleading investors into believing that they could download the Matrix Chain software for a symbolic fee of just 1 USDT. The funds were ultimately embezzled by the gang, which has over 185,000 registered accounts, with 394.2 million USDT deposited and transferred through cryptocurrency wallets. Four men and one woman (born between 1980 and 1991) have been detained, and the police are searching their residences and workplaces.

ChainCatcher news, according to The Wall Street Journal, Telegram plans to issue at least $1.5 billion in five-year bonds with an annual interest rate of 9% to repurchase debt issued in 2021 that is set to mature next year. Investors include existing backers Blackstone Group, Abu Dhabi sovereign fund Mubadala, and newly joined hedge fund Citadel.Bondholders will have the option to convert their bonds into shares at a discounted price when Telegram goes public in the future. Despite CEO Pavel Durov being restricted from leaving the country due to allegations of not cooperating with a French police investigation, Telegram is expected to achieve a profit of $540 million in 2024, with monthly active users surpassing 1 billion and paying users exceeding 15 million.

ChainCatcher news, according to CoinDesk, 10x Research is bullish on the put options for Strategy (MSTR), as the stock price of this Nasdaq-listed Bitcoin holding company has diverged from the rising Bitcoin price.In a report sent to clients, 10x Research recommended a put spread strategy for MSTR, which involves buying a put option with a strike price of $370 while selling a put option with a strike price of $300, both expiring on June 27."This trade reflects the growing disconnect between Bitcoin's strong performance and the weakening momentum and volatility of MicroStrategy," explained Markus Thielen, founder of 10x Research, when discussing the put spread strategy. "Despite Bitcoin reaching an all-time high, MSTR's stock price remains well below its peak, indicating that investor enthusiasm is waning."

ChainCatcher news, Coindesk analyst Aoyon Ashraf stated that Bitcoin reached an all-time high this week, primarily driven by institutions, while retail investors were almost "absent" from this rally. A quick search using "Bitcoin" as a keyword on Google Trends reveals that the search frenzy seen during the 2021 bull market is now completely absent.Although there was a brief surge of retail enthusiasm during the U.S. presidential election, when a rapid Meme coin craze briefly ignited market sentiment, that excitement has long faded. Despite Bitcoin breaking through $111,000 to set a new all-time high this week, Meme coin prices have quickly fallen, and retail enthusiasm has cooled.Even though Bitcoin has reached an all-time high, traders remain cautious, as evidenced by lower funding rates and increased short positions. The current market sentiment shows a trend towards more sustainable trading behavior, which may pave the way for long-term gains.

ChainCatcher news, according to a post by Simon Gerovich, CEO of the Japanese listed company Metaplanet, on X, Metaplanet became the most purchased stock in the NISA accounts of Japan's largest online broker, SBI Securities, last week.Japanese investors are using NISA, a tax-exempt investment mechanism, to indirectly invest in Bitcoin while avoiding capital gains tax. Bitcoin, zero tax burden, and leverage have become the ultimate Bitcoin proxy choice for Japanese investors.

ChainCatcher news, according to CoinTelegraph, a 37-year-old crypto investor from New York, John Woeltz, has been accused of kidnapping and torturing a 28-year-old Italian man to obtain the password to his Bitcoin wallet.It is alleged that Woeltz held the man hostage for several weeks in a luxury townhouse in New York's Soho district, during which he subjected him to physical abuse and threats. The victim arrived in the U.S. on May 6 and was reportedly kidnapped shortly after his arrival. The victim eventually managed to escape and call the police, and Woeltz was arrested on May 23 and charged with four felonies, including kidnapping and extortion.

ChainCatcher news, 37-year-old American cryptocurrency investor John Woeltz and a 24-year-old suspected female accomplice have been accused of illegally imprisoning and torturing a 28-year-old Italian businessman in a luxury apartment in Manhattan, New York, for over two weeks in an attempt to obtain his financial account passwords. The victim arrived in New York on May 6 and met with John Woeltz, with whom he had previously conducted business, and was subsequently stripped of his passport and subjected to abuse including electric shocks, drug coercion, and chainsaw threats.It is reported that the police found multiple Polaroid photos of the victim being bound and tortured at the scene, as well as firearms, chainsaws, and other tools. The victim ultimately escaped on May 23 and called the police. John Woeltz has been charged with first-degree kidnapping, unlawful imprisonment, assault, and illegal possession of weapons, among other charges.

ChainCatcher news, according to the on-chain analysis platform Glassnode's post on platform X, the current price of Ethereum is close to the cost price range of a large number of investors at around $2800, which may face selling pressure risks. Holders who were previously trapped may choose to reduce their positions to lower risks as the price approaches parity.

ChainCatcher news, according to Southeast Network, the Mawei Court in Fujian recently concluded a virtual currency trading dispute case. A man named Sui paid 18,000 yuan to Ye to purchase virtual currency, which led to a dispute, and he requested the return of the full amount.The court ruled to dismiss the claim, stating that virtual currency does not have the status of legal tender in China, and related transactions violate public order and good morals, thus are not protected by law. The investment risk should be borne by the individual.

ChainCatcher news, Swiss bank strategist Ipek Ozkardeskaya stated in a report that the trend of U.S. Treasury yields will depend on two factors. The first factor is the fiscal choices made by the U.S.: whether the budget is sustainable and whether there is any long-term plan to control debt. The second factor is the behavior of global investors: whether global investors are still willing to finance the U.S. deficit, especially in light of deteriorating geopolitical relations, waning enthusiasm for the dollar, and declining confidence in U.S. Treasuries as a safe-haven asset, all of which have also weakened market confidence.

ChainCatcher news, according to Coindesk, Strategy disclosed on Monday that it purchased 7,390 bitcoins between May 12 and May 18 at an average price of $103,498. BRN Chief Research Analyst Valentin Fournier stated, "This round of buying action aims to firmly establish a new bottom for Bitcoin above $100,000. The inflow of funds into ETFs also reflects this strength."Fournier pointed out that the recent price increase of Ethereum (ETH) is "more driven by organic demand rather than institutional inflows, which may indicate an increase in retail activity and a decoupling of Bitcoin from other altcoins."

ChainCatcher news, Defillama founder 0xngmi commented on the collective lawsuit against Strategy, stating, "The lawsuit seems to be a complaint that Strategy underestimated the funds that could be lost when Bitcoin drops.But what can you expect if you buy a company that claims to be 'Bitcoin leveraged'? What happens when Bitcoin drops is very obvious."

ChainCatcher news, according to FinanceFeeds, cryptocurrency exchange Crypto.com has partnered with the American Canary Capital Group to launch the Canary CRO Trust product, which is the first product in the United States to offer investment opportunities in CRO tokens.The trust product is aimed at qualified American investors and tracks the market value of CRO tokens in a regulated manner. Canary Capital CEO Steven McClurg stated that Crypto.com has set the standard for providing institutional-level access to the crypto market.