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Showing posts from July, 2025

Crypto Industry Recovers $181M in Q2, But Major Hacks Skew Loss Figures

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The crypto industry saw a significant recovery of $181 million from hackers in Q2 2025, yet still faced substantial adjusted losses totaling $620.4 million. While the number of security incidents decreased, major breaches like the Bybit hack skewed overall loss figures, highlighting persistent vulnerabilities despite recovery efforts. Read more

OKX CEO Apologizes for "False Positives" Locking User Accounts

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Cryptocurrency exchange OKX recently faced a significant backlash after its security system mistakenly locked numerous user accounts due to "false positives." This incident, which caused considerable frustration and concern among users, prompted an immediate apology from OKX CEO Jay Hao (also known as Star Xu), who acknowledged the inconvenience and assured users of urgent action to rectify the situation. Read more

Bitcoin Treasury Strategy Faces "Far Shorter Lifespan," Analyst Warns

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A prominent crypto analyst has issued a stark warning regarding the longevity of the Bitcoin treasury strategy, suggesting its period of easy gains may be drawing to a close. This comes as numerous entities have recently adopted Bitcoin as a reserve asset, raising questions about the sustainability and profitability for newer entrants in a rapidly evolving market. Read more

DBS Bank Values Ripple At $11.3 Billion, IPO Eyed For 2026

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DBS Bank, Southeast Asia's largest bank, has valued blockchain company Ripple at an impressive $11.3 billion, signaling a significant shift in traditional finance's embrace of blockchain technology. This valuation comes amidst growing speculation of a potential Initial Public Offering (IPO) for Ripple as early as 2026, highlighting the company's increasing prominence in the global financial landscape. Read more

Coinbase Exec Hints at Possible $8.6B Bitcoin Hack, Igniting Industry Debate

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A Coinbase executive has speculated on the "small possibility" that a recent $8.6 billion Bitcoin transfer, involving funds dormant for over 14 years, could be the result of a hack. This unprecedented movement of a massive amount of cryptocurrency has ignited debate within the industry regarding the security and origins of such large-scale transactions. Read more

Bitcoin's Puzzling Plunge: $107K Despite $1B ETF Inflow

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Bitcoin experienced a surprising dip to $107,400, despite a robust $1 billion in net inflows into spot Bitcoin exchange-traded funds (ETFs) over two days. This unexpected pullback has left traders and analysts scrambling for explanations, with profit-taking, macroeconomic concerns, and the movement of a long-dormant Bitcoin wallet being cited as potential factors. Read more

Bitcoin Whales Awaken: Billions in BTC Moved After 14 Years of Dormancy

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Bitcoin whales, dormant for 14 years, have stirred, transferring billions of dollars worth of the cryptocurrency. This significant movement of long-held assets has captured the attention of the crypto community, signaling potential shifts in the market and highlighting the immense gains realized by early investors. Read more

TradFi Giant SIFMA Pushes SEC for Open, Progressive Crypto Rules

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In a significant move for the financial industry, the Securities Industry and Financial Markets Association (SIFMA), representing a vast majority of the U.S. financial market, recently met with the SEC's Crypto Task Force. The discussion centered on establishing clear, progressive regulations for digital assets, emphasizing consistency while adapting to technological advancements. Read more

Solana Trading Bot Scam on GitHub Steals Crypto From Users Through Malicious Code

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A sophisticated scam targeting Solana users has been uncovered, involving malicious code disguised as a legitimate trading bot on GitHub. This deceptive operation, which leveraged fake repositories and inflated engagement metrics, successfully stole cryptocurrency by harvesting user credentials and private keys. Blockchain security firm SlowMist exposed the scheme after a user reported stolen funds, highlighting a growing threat in software supply chain attacks. Read more

Ondo Finance Acquires Oasis Pro, Paving Way for Expanded US Tokenized Securities

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Ondo Finance, a prominent blockchain company managing $1.4 billion in assets, has acquired Oasis Pro, an SEC-registered broker-dealer, Alternative Trading System (ATS), and Transfer Agent. This strategic move significantly expands Ondo's capabilities in the U.S. tokenized securities market, allowing it to offer fully compliant digital asset products to American investors and accelerate the onchain integration of traditional financial markets. Read more

Rostec to Launch RUBx Token and RT-Pay Platform on TRON Blockchain

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Rostec, the Russian state corporation, is set to launch its own digital token, RUBx, and a new payment platform, RT-Pay, by the end of 2025. This initiative aims to establish a secure and efficient infrastructure for financial transactions, bolstering Russia's digital financial sovereignty and offering an alternative to traditional payment systems. Read more

Bitcoin Bull Run Nearing Its End? Analyst Warns 88% Is Over

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A prominent crypto analyst, Rekt Capital, predicts the current Bitcoin bull run could conclude within the next 2-3 months, with approximately 88% of its upward trajectory already completed. This forecast is based on historical halving cycles, suggesting a potential peak around October 2025. Read more

US Lifts Chip Design Software Export Restrictions to China, Boosting Tech Stocks

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The US government has lifted certain restrictions on the export of chip design software to China, a decision that has sent positive ripples through the tech industry. This reversal, coming shortly after their imposition, is part of a broader trade agreement aimed at de-escalating tensions and fostering economic cooperation between the two global powers. Read more

Trump's "Big Beautiful Bill" Could Propel Bitcoin to $150K

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Bitcoin's value could surge to $150,000 in a matter of weeks, according to market analysts, following the anticipated signing of Donald Trump's "Big Beautiful Bill." This projection draws parallels to a significant Bitcoin rally in late 2020, which occurred after a major US spending bill was enacted, suggesting a potential repeat of history driven by increased government borrowing and global liquidity trends. Read more

DeFi Development Corp. Soars: $2.7M Solana Purchase Fuels Stock Rally

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DeFi Development Corp. (DFDV) has significantly bolstered its treasury by acquiring an additional $2.7 million in Solana (SOL), further extending its stock rally. This strategic purchase, part of an ongoing treasury strategy, saw the company's stock surge by nearly 17% on Thursday, building on previous gains. Read more

TradFi Body Urges SEC to Reject Special Treatment for Tokenized Stocks

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A prominent traditional finance (TradFi) industry group, the Securities Industry and Financial Markets Association (SIFMA), has urged the U.S. Securities and Exchange Commission (SEC) to reject special treatment for tokenized stocks. SIFMA expressed significant concerns that granting exemptions to crypto firms for offering tokenized equities could bypass established regulatory structures, potentially jeopardizing investor protections. Read more

Robinhood's Tokenized Stocks Spark Controversy and Scrutiny

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Robinhood's recent announcement of tokenized stock giveaways for OpenAI and SpaceX has ignited a firestorm of debate and scrutiny within the financial world. While Robinhood touts these digital tokens as offering "indirect exposure to private markets," OpenAI has vehemently denied any involvement, asserting that the tokens do not represent real equity and were launched without their approval. This controversy highlights the complex and often ambiguous nature of tokenized assets, particularly when they involve private companies. Read more

Chinese Tech Giants Champion Yuan Stablecoins to Counter US Dollar Hegemony

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Chinese tech giants JD.com and Ant Group are actively pushing for the People's Bank of China (PBOC) to approve yuan-based stablecoins. This strategic move aims to challenge the overwhelming dominance of US dollar-pegged stablecoins like USDT and bolster the yuan's global standing in international trade and finance. Read more

Ethereum Community Foundation Launches with Ambitious $10,000 ETH Price Target

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A new organization, the Ethereum Community Foundation (ECF), has been launched by Ethereum core developer Zak Cole with the ambitious goal of driving the price of Ether (ETH) to $10,000. The ECF aims to fund infrastructure projects that will grow the Ethereum ecosystem while directly impacting ETH's value. Read more

Bitcoin's Ascent: Futures Surge and Spot Demand Propel BTC Towards New All-Time Highs

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Bitcoin is making a strong push towards new all-time highs, fueled by a significant surge in futures activity and robust spot demand. The cryptocurrency's recent rally above $109,000, coinciding with a record global money supply, signals a potential major breakout. Analysts are closely watching key technical indicators and derivatives data, which suggest a sustained uptrend is likely. Read more

Tether's USDT Gains Ground on USDC in BitPay Transactions, Signaling Shifting Stablecoin Dominance

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Tether's USDT has significantly narrowed the lead of Circle's USDC in BitPay transactions throughout 2025, signaling a notable shift in stablecoin dominance. While USDC maintained a strong presence in 2024, USDT's transaction share and volume have surged, challenging USDC's long-held position on the payment platform. Read more

Bitcoin Poised to Hit $116K in July Amid "Perfect Storm" of Macro Catalysts

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Bitcoin is poised for a significant surge, potentially reaching $116,000 by the end of July, driven by a confluence of favorable macroeconomic factors. A leading crypto analyst points to robust spot Bitcoin ETF inflows, political pressures on the US Federal Reserve, and a dwindling supply of Bitcoin on exchanges as key catalysts for this anticipated price rally. Read more

Vitalik Buterin: Crypto's True Purpose is Human Liberation, Not Just Tech

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Ethereum co-founder Vitalik Buterin recently delivered a powerful keynote at EthCC, urging blockchain developers to prioritize human liberation over purely technical advancements. He drew parallels between the early internet's promise of freedom and the current trajectory of Web3, cautioning against repeating the mistakes of Web2's "walled gardens" and emphasizing the social and moral implications of cryptographic development. Read more

Cake Wallet Unveils dEURO Integration: Earn 10% Yield on Collateralized Crypto

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Cake Wallet, a prominent cryptocurrency wallet, has announced the integration of dEURO, a decentralized euro-pegged stablecoin. This new offering allows users to mint dEURO by collateralizing their existing crypto assets like Bitcoin, Ethereum, and Monero, and notably provides a 10% yield on the underlying collateral without requiring users to relinquish custody of their funds. Read more

Peter Thiel Backs New Crypto-Friendly Bank to Rival Silicon Valley Bank

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Peter Thiel, a prominent figure in the tech and crypto spheres, is reportedly backing a new financial services firm named Erebor. This venture aims to fill the void left by the collapse of Silicon Valley Bank, focusing on serving startups and cryptocurrency companies. The initiative signals a strategic move to provide banking solutions to sectors that faced significant disruption following the 2023 banking crisis. Read more

Senate Passes Trump's Budget, Skips Crypto Tax Reform

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The U.S. Senate has narrowly passed a budget reconciliation bill championed by President Donald Trump. Despite intense debate and numerous proposed amendments, the final legislation notably omitted provisions related to cryptocurrency taxation, specifically addressing concerns raised by Senator Cynthia Lummis regarding the tax treatment of crypto miners and stakers. This outcome signals a continued, albeit delayed, legislative path for digital asset regulation. Read more

PancakeSwap's Volume Soars to $530 Billion in Q2, Driven by Key Upgrades

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PancakeSwap, a prominent decentralized exchange (DEX), has announced a remarkable surge in its trading volume, reaching $530 billion in the second quarter. This significant growth, which more than doubles its first-quarter performance, is largely attributed to recent strategic upgrades and enhancements to its platform. Read more

Bitcoin's Ascent: $200K Target in Sight Amidst Profit Pressure

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Bitcoin is showing strong signs of bullish sentiment, with nearly 97% of its supply currently in profit. This surge in profitability has led many analysts to predict a potential rise to $200,000 by late 2025, despite the inherent risks of profit-taking and market volatility. Read more

Figma Embraces Bitcoin Ahead of NYSE Debut

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Figma, the design software giant, is making headlines with its strategic financial maneuvers ahead of a potential NYSE debut. The company has revealed a significant investment in Bitcoin, signaling a surprising yet calculated move to increase its exposure to the cryptocurrency. This decision comes as Figma prepares for its initial public offering, marking a new chapter after the collapse of its acquisition by Adobe. Read more

NY AG Pushes Congress for Stronger Crypto Protections

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New York Attorney General Letitia James has issued a strong call to Congress, urging them to significantly enhance consumer protections within proposed stablecoin and cryptocurrency legislation. James argues that current drafts, including the STABLE Act and GENIUS Act, lack crucial safeguards necessary to protect investors and the broader financial system from potential risks. Read more

Katana's Mainnet Goes Live with $200M in Active DeFi Deposits, Redefining Liquidity

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Katana, a new DeFi-first layer-2 blockchain, has officially launched its mainnet with an impressive $200 million in pre-deposits. This highly anticipated debut marks a significant step in revolutionizing decentralized finance by introducing innovative mechanisms like VaultBridge and Chain-Owned Liquidity, aiming to enhance capital efficiency and address long-standing liquidity challenges within the blockchain ecosystem. Read more

xAI Secures $10 Billion as Trump Reignites Feud with Musk, Hints at Doge Action

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Elon Musk's xAI has reportedly secured a substantial $10 billion in new funding, intensifying its competition with other AI giants. This development coincides with a renewed public spat between Musk and former President Donald Trump, who has controversially suggested an investigation into Musk's businesses, hinting at the potential for Doge-related actions. Read more

Bhutan Embraces Crypto Payments Amidst Connectivity Challenges

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Bhutan, the Himalayan kingdom, is making significant strides in cryptocurrency adoption, integrating digital payments into its tourism sector and broader economy. This progressive move, championed by King Jigme Khesar Namgyel Wangchuck, aims to diversify the economy and enhance financial inclusion, despite persistent challenges with internet connectivity across the mountainous nation. Read more

Shiba Inu Executive Addresses BONE Delisting Concerns, Urges DeFi Adoption

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Shiba Inu marketing lead, Lucie, has addressed community concerns and "FUD" surrounding the recent delisting of the BONE token by a major cryptocurrency exchange, OKX. She emphasized that such delistings are not indicative of the token's performance and urged the SHIB Army to embrace decentralized finance (DeFi) over centralized exchanges (CEXes). Read more

IREN Surpasses Hashrate Target, Eyes AI Dominance, and Fuels Investor Excitement

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Iris Energy (IREN), a prominent Bitcoin miner, has successfully achieved its mid-year hashrate target of 50 EH/s, significantly ahead of schedule. This milestone underscores the company's aggressive expansion in Bitcoin mining while simultaneously making substantial inroads into AI cloud services. Despite a recent net loss, IREN's strong cash position and strategic diversification have garnered increased investor interest and positive analyst revisions. Read more

Chainlink's ACE: Paving the Way for $100 Trillion in Institutional DeFi Capital

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Chainlink, a leading decentralized blockchain oracle network, has unveiled a groundbreaking compliance tool designed to bridge the gap between traditional finance and decentralized finance (DeFi). This new system aims to unlock an estimated $100 trillion in institutional capital by providing a standardized and modular framework for regulatory adherence across various blockchain networks. Read more

JPMorgan Rates Circle "Underweight," Projects 55% Price Drop by 2026

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JPMorgan has initiated coverage of Circle (CRCL) shares with an "underweight" rating and a price target of $80 by late 2026. This forecast, detailed in their "North America Equity Research" report, suggests a significant 55% drop from Circle's current trading price of $180, despite acknowledging Circle's strong position in the stablecoin market. Read more

Circuit Unveils Recovery System to Combat Crypto's "Permanent Loss" Dilemma

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Circuit, a new enterprise-grade recovery solution, has launched its institutional crypto recovery engine to tackle the significant issue of "permanent loss" in digital assets. This system aims to provide a crucial safety net for institutions entering the cryptocurrency space, addressing concerns around lost private keys and custodial failures that have historically hindered mainstream adoption. Read more

BitMine Secures $250M for Ethereum Treasury, Becomes Major ETH Holder

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BitMine Immersion Technologies has announced a significant strategic pivot, raising $250 million through a private placement to establish an Ethereum-focused corporate treasury. This move positions the company to become one of the largest publicly traded holders of Ethereum, marking a dramatic shift from its previous Bitcoin-centric mining model and signaling a growing institutional confidence in ETH as a treasury asset. Read more

Strategy's Bitcoin Bet Pays Off: $531M Acquisition Boosts Holdings to Nearly 600K BTC

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Strategy, led by Michael Saylor and recognized as the world's largest public holder of Bitcoin, significantly expanded its BTC reserves last week. The company acquired 4,980 Bitcoin for over half a billion dollars, capitalizing on a resurgence in investor confidence and rising cryptocurrency prices. This strategic move further solidifies Strategy's substantial investment in the digital asset. Read more