The US Treasury has sanctioned two people and four entities involved in what it says was a North Korea-run IT worker ring that would infiltrate crypto companies, aiming to exploit them. The Treasury’s Office of Foreign Assets Control (OFAC) said on Tuesday that it sanctioned the North Korea-based Song Kum Hyok for allegedly stealing US…
Key takeaways: USDT and USDC balances on Binance hit a record $31 billion in June 2025. One analyst sees the reserve build-up as a “brewing liquidity explosion,” with investors waiting for clear altcoin trading opportunities. Over the past 90 days, Bitcoin dominance has steadily declined, hinting at a potential shift toward altcoins. According to crypto…
Trump Media’s Truth Social has filed an S-1 registration with the United States Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking multiple blue-chip crypto assets. According to a Tuesday filing, the “Truth Social Crypto Blue Chip ETF” will track the performance of a basket of top crypto assets, including Bitcoin (BTC),…
The Open Network (TON) Foundation’s golden visa slip-up in the United Arab Emirates (UAE) highlights the need for legal compliance and proper review, a local lawyer said. A premature announcement about TON’s UAE golden visa aimed to benefit the community but ran into complex local crypto rules, according to NeosLegal founder Irina Heaver. With five…
Key point: Ether (ETH) has been range-bound for several days, but institutional investor demand is picking up. Glassnode data shows 106,000 Ether flowing into spot Ether exchange-traded funds last week, the seventh successive week of positive flows. However, not everyone is bullish on Ether. Etherscan shows two Ethereum wallets unstaked and withdrew 95,920 Ether early…
Key points: Bitcoin is facing selling near $110,500, but the bulls are expected to aggressively defend BTC price at its key moving averages. XRP is trying to break above its immediate overhead resistance level. Bitcoin (BTC) continues to face selling near the $110,500 level, indicating that the bears are vigorously defending the level. A positive…
Key takeaways Cayman Islands: No income, capital gains or corporate tax — ideal for crypto traders and funds. UAE: Zero tax on all crypto activity across all emirates, plus strong regulatory clarity. El Salvador: Bitcoin is legal tender with full tax exemption and growing national adoption. Germany: Hold crypto for 12+ months and pay zero…
Key takeaways: Ethereum ETF inflows reflect persistent demand from institutions. ETH supply on exchanges hits eight-year low alongside rising whale accumulation. MVRV price bands and V-shaped chart pattern hint at $4,000-$5,000 ETH price. After an over 100% rally to $2,800 from multimonth lows below $1,400 in April, Ether’s (ETH) price has traded within a tight…
Solana memecoin launchpad LetsBonk surpassed rival Pump.fun in 24-hour revenue, according to data aggregated by decentralized finance (DeFi) platform DefiLlama. The latest DefiLlama figures show that LetsBonk generated $1.04 million in revenue in the last 24 hours, nearly doubling Pump.fun’s revenue of $533,412. LetsBonk’s revenue surge marked a rare shift in dominance in the Solana…
More than 40 fake extensions for the popular web browser Mozilla Firefox have been linked to an ongoing malware campaign to steal cryptocurrencies, according to a report published Wednesday by cybersecurity firm Koi Security. The large-scale phishing operation reportedly deploys extensions impersonating wallet tools such as Coinbase, MetaMask, Trust Wallet, Phantom, Exodus, OKX, MyMonero, Bitget…
