From Redotpay join Circle Payments Network to Bitopro Hack, here is a summary of the main cryptography stories that may have lost this week, from June 1 to 7, 2025.
Redotpay binds to the circle payment network
Redotpay, a global encryption payment platform, was associated with $ USDT Issuer Circle to integrate the latter’s payment network and allow crypto payments to intermediate sheets to the users of the first, starting with Brazil.
The new feature allows users to send cryptocurrencies directly to Brazilian bank accounts, where Brasilian Real automatically becomes, which claims to eliminate the usual delays and high costs associated with traditional remittance systems.
This association aims to improve access to efficient and affordable international payments, especially for underjurmed communities, according to the entities involved.
During its launch, Redotpay offers a $ 0 rate structure to encourage adoption.
Pump.fun rumors of Token Shake Solana Market
The rumors that Pump.Fun, the most popular memecoin launchpad in Solana, plans to raise $ 1 billion through a sale of tokens with an assessment of $ 4 billion, have caused emotion and skepticism throughout the cryptographic community.
Solana price slippery 3% in the news, reflecting the restlessness of the market and the possible fatigue of memecoras among retail merchants.
Critics argue that the platform may be taking advantage of exaggeration before Momentum fades even more, but defenders point out their impressive base growth and their role in the incorporation of new users to Solana.
Circle raises $ 1.1b in IPO
Circle Internet Group, the company behind the USDC $, increase Approximately $ 1.1 billion in its initial public offer selling 34 million shares at approximately $ 31 each, Bloomberg reported.
The offer exceeded the previous expectations of $ 896 million and marks a significant increase of the $ 600 million that the company initially had the objective of raising.
The OPI gives the circle a potential assessment of the market of $ 6.9 billion, with a completely diluted value that reaches $ 8.1 billion.
Musk presents Xchat with encryption ‘style bitcoin’
ELON ALMIZCLE announced That X will soon launch Xchat, a new messaging function that offers encrypted conversations, disappearance messages, archive transfers and audio and video calls.
He described it as built in oxide with “bitcoin style” encryption and a “completely new architecture”, causing confusion among cryptography experts.
Developers pushed backpointing out that Bitcoin’s block chain does not really use encryption for messages, but only cryptographic tools such as hash and key generation.
Musk’s statement also attracted skepticism regarding the reference to programming language oxide, since Bitcoin was originally written in C ++.
Zachxbt Flags $ 11.5m Exploitation in the exchange of Bitopro de Taiwan
Zachxbt chain researcher reported The suspicious exits of $ 11.5 million of the hot Bitopro networks based in Taiwán Bitopro through the networks of Tron, Ethereum, Solana and Polygon, which suggests that the platform was probably exploited on May 8, 2025.
The stolen funds were supposedly enrupted through Tornado Cash, Thorchain and Wasabi to obfuscate their path.
Bitopro confirmed hours after the exchange was pirated during an update of the wallet system, triggering emergency protocols and a cybersecurity probe of third parties. The company said that user funds were not affected, but offered no explanation for delayed dissemination.
This article is published in bitpins: Crypto News that may have lost | June 7, 2025
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