Circle Goes Public, Trump Crypto Drama, and Security Warnings: Crypto News Roundup

%3Cp%3EToday in crypto%3A Kraken has warned crypto conferencegoers are putting themselves at risk by being careless%2C World Liberty Financial issued a cease-and-desist letter over a Trump-branded wallet%2C and stablecoin issuer Circle made its NYSE debut amid surging investor demand.%3C%2Fp%3E%3Ch2%3ECrypto eventgoers failing at %E2%80%98basic situational awareness%E2%80%99 %E2%80%94 Kraken%3C%2Fh2%3E%3Cp%3ECrypto conferencegoers fail at %26ldquo%3Bbasic situational awareness%26rdquo%3B and security measures%2C opening themselves up to exploitation by bad actors hiding in the crowd at events%2C Kraken%26rsquo%3Bs security chief Nick Percoco said on June 5.%3C%2Fp%3E%3Cp%3EPercoco%26rsquo%3Bs team noted that laptops and phones owned by staff at popular crypto protocols have been left unlocked and unguarded on tables at events%2C and some attendees have openly discussed their crypto gains while exposing their personal information.%3C%2Fp%3E%3Cp%3EPercoco said that basic security measures are important for crypto conferencegoers as scammers also attend these events%2C and it%26rsquo%3Bs easy for them to build a cover story%2C register under fake personas and appear like they belong.%3C%2Fp%3E%3Cp%3E%26ldquo%3BCrypto%2C at its core%2C is about being your own bank. And it is incredibly difficult to achieve the promise of financial freedom if your personal security and operational security aren%26rsquo%3Bt prioritized above all else%2C%26rdquo%3B he added.%3C%2Fp%3E%3Cp%3EThe Kraken security boss recommended that crypto conferencegoers be wary of public charging points and WiFi and to %26ldquo%3Bbe discreet to protect yourself and those around you%26rdquo%3B when discussing crypto-related topics in public.%3C%2Fp%3E%3Ch2%3EWLFI sends cease-and-desist letter over %E2%80%98unauthorized%E2%80%99 Trump wallet %E2%80%94 Report%3C%2Fh2%3E%3Cp%3EWorld Liberty Financial (WLFI)%2C the cryptocurrency platform backed by US President Donald Trump and members of his family%2C has reportedly issued a cease-and-desist letter to the company responsible for creating a Bitcoin wallet tied to the president%26rsquo%3Bs brand.%3C%2Fp%3E%3Cp%3EAccording to a June 5 Bloomberg report%2C WLFI sent the letter to Fight Fight Fight LLC%2C the company that owns Gettrumpmemes.com and is behind issuing the TRUMP memecoin. The cease-and-desist notice was reportedly issued after the non-fungible token marketplace Magic Eden and the team behind the memecoin revealed a waitlist for a crypto wallet featuring Trump%26rsquo%3Bs name.%3C%2Fp%3E%3Cp%3EDonald Trump Jr.%2C the president%26rsquo%3Bs eldest son and a %26ldquo%3BWeb3 ambassador%26rdquo%3B for WLFI%2C said on June 3 that the Trump Organization had %26ldquo%3Bzero involvement%26rdquo%3B with the crypto wallet project%2C announcing that the group was planning its own launch in the near future. The report cited a person familiar with the matter who asked for anonymity because the letter had not been made publicly available at the time of publication.%26nbsp%3B%3C%2Fp%3E%3Cp%3EMany US lawmakers and industry leaders have questioned the president%26rsquo%3Bs crypto ventures%2C including his involvement in World Liberty Financial and its stablecoin%2C USD1%2C and issuing a personal memecoin that resulted in a dinner invitation to Trump%26rsquo%3Bs golf club for the top 220 holders.%3C%2Fp%3E%3Cp%3EBoth June 3 posts on X from Magic Eden and Gettrumpmemes announcing the wallet were still visible at the time of publication. However%2C the website TrumpWallet.com%2C previously available for sign-ups for a waitlist%2C appeared to be offline following the report of the cease-and-desist letter.%3C%2Fp%3E%3Ch2%3EUSDC issuer Circle debuts public trading on New York Stock Exchange%3C%2Fh2%3E%3Cp%3ECircle%2C the issuer of the second-largest stablecoin by market capitalization%2C USDC%2C has begun trading on the New York Stock Exchange (NYSE).%3C%2Fp%3E%3Cp%3ECircle CEO Jeremy Allaire took to X on June 5 to announce the company%26rsquo%3Bs public debut of CRCL shares on the NYSE.%3C%2Fp%3E%3Cp%3EThe company%26rsquo%3Bs public listing comes 12 years after Allaire co-founded Circle with Sean Neville with a mission to remake the global economic system by %26ldquo%3Bre-imagining and re-building it from the ground up natively on the internet%2C%26rdquo%3B the CEO said.%3C%2Fp%3E%3Cfigure%3E%3Cimg alt=’NYSE, Circle, Shares, Stablecoin, Companies. Source: NYSE’ src=’https://ipowercrypto.com/wp-content/uploads/2025/06/0197405a-5066-788c-b9d7-afbe9b432bb0-2.png’ title=” %2F%3E%3C%2Ffigure%3E%3Cp%3E%26ldquo%3BOur transformation into being a public company is a significant and powerful milestone %26mdash%3B the world is ready to start upgrading and moving to the internet financial system%2C%26rdquo%3B Allaire noted.%3C%2Fp%3E%3Cp%3ECircle%26rsquo%3Bs public launch came shortly after the company reported another upsizing of its initial public offering (IPO) to %241.05 billion%2C selling 34 million shares at %2431 each. The IPO originally sought to offer 24 million shares priced between %2424 and %2426.%3C%2Fp%3E%3Cp%3EAllaire%26rsquo%3Bs announcement on X has drawn attention from major figures in the crypto community%2C including Strategy co-founder Michael Saylor and Coinbase chief legal officer Paul Grewal%2C who were among the first to congratulate Circle with the NYSE listing.%3C%2Fp%3E%3Cp%3E%26ldquo%3BCongratulations%2C Jeremy %26mdash%3B to you and the entire CRCL team%2C%26rdquo%3B Saylor wrote.%3C%2Fp%3E