JuCoin is facing fresh scrutiny after on-chain investigator ZachXBT flagged user complaints about withdrawal delays and questioned the exchange’s reserve claims. Summary ZachXBT said JuCoin users reported withdrawal delays over the past week, raising exchange risk concerns. JuCoin’s reported reserves face questions over USDC and USDT issued on its own JuChain. JuCoin blamed delays on
Bitcoin traded near $61,739 on June 7 after a volatile session that pushed price as low as $60,420. The rebound kept BTC above the $60,000 area, but the wider market stayed cautious after a sharp decline earlier in the week. Summary Bitcoin traded near $61,739 after bouncing from an intraday low around $60,420. Michael Saylor’s
Ethereum Foundation budget cuts, staff departures and leadership changes have fueled weeks of criticism from parts of the blockchain’s community, but Joe Lubin, who was involved in its creation and is now CEO of software developer Consensys, said the moves are a necessary evolution, not a crisis. Lubin, who has no role at the foundation,
