Burwick Law plans to serve a $440M lawsuit against Dubai developer Peter McInnes & others… via NFTs! 🤯 The suit alleges $450M+ raised through Ponzi schemes TradeAI & Stakx. They’re seeking court approval for NFT-based service due to contact difficulties. (Protos)
#crypto #blockchain #news
DOJ charges >10 in international fraud scheme linked to North Korean IT workers. They infiltrated 100+ US firms (including Fortune 500s) via identity theft, netting $5M+. 4 North Koreans charged with $1M crypto theft, allegedly funding their nuclear program. (via Fortune)
#crypto #blockchain #news
Sen. Lummis proposes a crypto tax amendment in the “Big Beautiful Bill”! 🪙 It would exempt small transactions (<$300, annual total ≤$5k) from taxes & defer taxes on staking/mining rewards until sale, avoiding “double taxation.” Other reforms include lending, wash sales & donations. (CoinDesk)
#crypto #blockchain #news
SCOTUS declined to hear *Harper v. Faulkender*, a case about crypto exchange privacy. It’s a setback for Coinbase & others seeking blockchain data protections similar to cell phone records. The case involved an IRS investigation into Coinbase user James Harper. (Decrypt)
#crypto #blockchain #news
Nikita Bier, a serial entrepreneur known for founding social media platforms later acquired by Facebook and Discord, has joined X as Head of Product. Bier joined Solana Labs as an advisor in March to help expand the network’s mobile application ecosystem. (TheBlock)
#crypto #blockchain #news
SRM Entertainment ($SRM) deployed $100M using its TRON Vault strategy! Leveraging JustLend to collateralize 365M TRX, aiming for up to 10% annualized yields via staking & energy leasing. (via Wu Blockchain)
#crypto #blockchain #news
Polygon Labs & GSR launch Katana, a new Ethereum layer-2 for DeFi! ⛓️ Katana tackles asset fragmentation & unsustainable yields with a curated app selection & low-risk lending via Morpho protocol. Aims to boost returns for chosen DeFi projects. 🚀 #DeFi #Polygon #Ethereum
#crypto #blockchain #news
Circle, the USDC stablecoin issuer, applied for a national digital currency bank license (“First National Digital Currency Bank”). If approved, they’ll self-custody USDC reserves & offer digital asset custody (tokenized stocks/bonds) to institutions – *not* traditional banking.
#crypto #blockchain #news
Goldman Sachs now expects the first Fed rate cut in September (previously December), forecasting 75 bps of cuts this year. They cite less impact from tariffs & falling inflation. GS believes the Fed also thinks tariffs caused a one-time price increase. #economy #fed #rates
#crypto #blockchain #news
Amber International raised $25M led by Pantera Capital to expand in US & SE Asia. Funds will fuel crypto custody, RWA tokenization, stablecoins & their AI-powered AgentFi products. 🚀
#crypto #blockchain #news
DeFi project inshAllah raised $2.1M from AllianceDAO, Blockchain Builders Fund & others to build Islamic-compliant DeFi solutions for Muslim users & the wider community. 🕌💰
#crypto #blockchain #news
Zodia Custody expands in the Middle East, acquiring UAE’s Tungsten Custody Solutions! 🚀 This boosts Zodia’s ADGM license & accelerates growth in the UAE. They’re also pursuing a full VARA license. #custody #crypto #UAE
#blockchain #news
Circle (USD Coin) stock is volatile! JPMorgan downgraded it to “underweight,” predicting a ~60% drop from its peak ($80 target). Increased competition from giants like Fiserv, Mastercard, Amazon & Walmart entering the stablecoin space is a major concern.
#crypto #blockchain #news
Coinbase International Exchange announced it will list Sahara AI (SAHARA) and Maple Finance (SYRUP) perpetual contract trading pairs on July 3, 2025, at 9:30 UTC or later. The listings will be available on both Coinbase International Exchange and Coinbase Advanced platforms.
#crypto #blockchain #news
Robinhood has expanded its cryptocurrency staking services to include Ethereum (ETH) and Solana (SOL) for users in the United States, the company announced via a post on X (formerly Twitter).
#crypto #blockchain #news
Bloomberg reports that a spot ETF supporting staked SOL could launch this week, following an announcement from REX Shares regarding the upcoming REX-Osprey SOL+Staking ETF – the first of its kind in the U.S. The news was initially reported by Bloomberg analyst James Seyffart via social media.
#crypto #blockchain #news
SCOTUS rejected Coinbase user James Harper’s appeal against the IRS. The court upheld the IRS’s right to obtain user data from crypto platforms, impacting 14,000+ users. Case stems from a 2016 crypto asset investigation. Coinbase supported the appeal. #crypto #IRS #privacy
#blockchain #news
According to on-chain data reported by Wu Blockchain, the government of the Kingdom of Bhutan deposited approximately 137 BTC (valued at $14.75 million) into Binance 20 minutes ago. The nation currently holds 11,924 BTC, valued at $1.28 billion.
#crypto #blockchain #news #BTC #Bitcoin
Germany’s Sparkassen & Genobanken are entering the crypto market! 🇩🇪 Sparkassen (largest banking group) will offer trading in summer 2026 via DekaBank – a reversal of a prior decision. Genobanken launches this summer with DZ Bank, Atruvia & Stuttgart Stock Exchange support. #crypto #Germany #banking
#blockchain #news
HUMA has launched its staking rewards program, offering users up to 10x Feathers rewards with a 14-day unstaking cooldown period. HUMA functions as the native utility and governance token within the HUMA ecosystem.
#crypto #blockchain #news
Avery Ching, CEO of Aptos Labs, joins the CFTC’s Digital Asset Market Working Group! The group, featuring experts from Citadel & BlackRock, will shape digital asset policy. Ching previously led blockchain development at Meta. #crypto #CFTC #Aptos
#blockchain #news
Bitcoin spot ETFs saw $2.22B in net inflows last week (June 23-27), the 3rd week in a row! BlackRock’s IBIT led with $1.31B, reaching $52.31B total inflows. #Bitcoin #ETF #IBIT via @SoSoValue
#crypto #blockchain #news #BTC
Ethereum spot ETFs saw $283M in net inflows last week (June 23-27), the 7th week in a row! BlackRock’s ETHA led with $233M, now at $5.52B total inflows. #Ethereum #ETF #crypto
#blockchain #news
Hong Kong is leveling up its digital asset game! 🇭🇰 New rules shift focus to stablecoins & tokenizing real-world assets (RWA) like gold. Stablecoin licenses launch in '25 + tokenized bonds are planned. Tax breaks aim to make HK a digital finance hub. 🚀
#crypto #blockchain #news
Binance adjusts collateralization ratios for OP, CRV, CAKE, ENS, RUNE, ROSE, ORDI, SUSHI, ONE, & ALT in unified accounts on July 4, 2025, at 14:00 UTC+8. Update ~30 mins. - Wu Blockchain
#crypto #blockchain #news
Suspected Lazarus Group (North Korea) hack: ~$3.2M in crypto stolen May 16th. Funds moved from Solana to Ethereum & laundered via Tornado Cash. ~$1.25M (DAI/ETH) remains at 0xa5…d528. - ZachXBT
#crypto #blockchain #news
Base DEX trading volume increased by approximately 100% year-over-year, while active lending on the platform has doubled since April, reaching roughly $1.2 billion, according to data from Token Terminal.
#crypto #blockchain #news
Institutions & whales are still buying ETH! 🐳 SharpLink Gaming just purchased 188.5K ETH (~$474M) + another 1.99K ETH (~$4.82M) via OTC trades. A whale (“0x1fc7”) also staked 3.2K ETH (~$8.1M) & is adding more. 👀 #ETH #crypto
#blockchain #news
Financial advisor Ric Edelman (of $290B Edelman Financial Engines) suggests 10-40% crypto allocation! He says the traditional 60/40 portfolio is outdated as crypto goes mainstream & lifespans increase. #crypto #investing #finance
#blockchain #news
Bitvavo gets a crucial crypto license (MiCA) from Dutch AFM, allowing operation in 30+ European countries! 🎉 Joins Kraken, Coinbase & Bybit as early approvals. Already registered in FR, AT, IT, & ES. (CoinDesk) #crypto #MiCA #regulation
#blockchain #news
Bitmain launched ANTRACK V2, a water-cooling mining solution for 4 miners, on June 25th. Priced at $8,888, it boasts an 80°C heat recovery system for improved energy efficiency & stable cooling. #BitcoinMining #Bitmain
#crypto #blockchain #news #BTC
Cango now boasts >50 EH/s of Bitcoin mining hashrate after acquiring 18 EH/s from Antalpha (Bitmain affiliate). It’s the 3rd publicly listed firm to reach this scale, after MARA & CleanSpark. Deal closed with ~146.7M shares issued. (TheMinerMag) #BitcoinMining
#crypto #blockchain #news #BTC
U.S. core PCE inflation accelerated to 2.7% year-on-year in May, exceeding expectations of 2.6% and marking the highest level since February 2025. The core PCE price index rose 0.2% month-on-month, also above the anticipated 0.1% increase.
#crypto #blockchain #news
Canadian Bitcoin Treasury (BTCT) raised CAD $125M, acquiring 292.8 BTC (~$31.6M USD) for its reserve. Shares begin trading on TSXV June 30th (ticker: BTCT), aiming to offer Bitcoin-backed lending services. #Bitcoin #TSXV #BTCT
#crypto #blockchain #news
Israel reportedly used data from a $90M hack of Iranian crypto exchange Nobitex to arrest alleged Iranian spies. Two received crypto payments. Nobitex is a key part of Iran’s sanctioned crypto network. (TRM Labs/Chainalysis via TheBlock)
#crypto #blockchain #news
Nasdaq-listed Upexi (UPXI) is tokenizing its securities on Solana via Superstate’s Opening Bell platform. Upexi now holds $105M in SOL (735,692 SOL), shifting its treasury strategy in April & raising $100M led by GSR. (CoinDesk)
#crypto #blockchain #news