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Cryptocurrency News
Crypto-News-Flash
2h
259
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World’s Biggest Monero-Powered Darknet Drug Market Taken Down by Authorities
- The operator of a €250M Monero-based darknet drug market has been arrested in Barcelona after a five-year run.
- Authorities shut down servers and conducted raids across Europe; digital evidence and crypto seizures may lead to more arrests.
- Archetyp Market, one of the largest illegal markets on the darknet, facilitated drug sales worth over €250 million.
- The arrested individual is a 30-year-old German national believed to be the main operator of the darknet platform.
- The marketplace conducted transactions solely in Monero, a cryptocurrency known for its privacy features and popularity in illicit online trade.
- Months of cooperation between law enforcement agencies in Europe led to the arrest, with involvement from various countries.
- Authorities seized assets totaling around €7.8 million and shut down Archetyp Market's servers in the Netherlands.
- Further raids in Germany and Sweden led to more arrests and the confiscation of electronic devices, narcotics, and proceeds linked to the platform.
- Europol's deputy director noted that the takedown disrupted a significant supply line for dangerous substances.
- While the operation was successful, reports suggest that darknet traders are adapting quickly to law enforcement actions.
- Darknet sellers are reportedly shifting to encrypted messaging apps and employing various tactics to evade detection.
- TRM Labs highlighted that these groups are using anonymous domain names and high-risk crypto exchanges to avoid being tracked.
- The main suspect faces charges under German narcotics laws, with ongoing investigations and potential for further arrests based on digital evidence.
- Law enforcement agencies maintain that advanced blockchain intelligence can disrupt even entrenched illicit platforms.
- The operation against Archetyp Market serves as a warning to darknet traders, showcasing the potential risks and consequences of engaging in illegal activities.
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Coin Telegraph
2h
319
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Binance’s CZ suggests ‘will function’ to distribute crypto in case of death
- Binance's CZ suggests implementing a 'will function' on crypto platforms to distribute digital assets upon death.
- The call for a 'will function' follows Binance's introduction of an emergency contact and inheritance feature.
- Users can designate heirs to claim their crypto assets in case of death.
- Community members express the need for inheritance planning in the crypto space.
- Concerns are raised about the limitations of the current inheritance feature.
- A user highlights the significance of passing down accounts with tokenized wealth and intangible value.
- Proper estate planning for digital assets is emphasized by the crypto community.
- A lawyer advises including crypto in estate planning due to challenges faced by families to recover assets after a loved one's death.
- Most crypto investors are urged to prepare wills to ensure proper distribution of digital wealth.
- Detailed instructions for accessing digital assets must be included in wills, according to experts.
- Preparation of wills is presented as a crucial step for crypto investors.
- The introduction of a 'will function' on crypto platforms is seen as a move towards decentralization and user security.
- The need for inheritance planning in the Web3 space is acknowledged by the crypto community.
- Binance's emergency contact and inheritance feature is praised for being a thoughtful addition.
- Users welcome the new feature but raise concerns about how accounts with tokenized wealth can be passed on.
- Binance's update aims to address the issue of unclaimed crypto assets due to untimely deaths.
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TronWeekly
2h
225
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Meme Coin Buzz Alert – Could Neo Pepe ($NEOP) Be Next Best Crypto Presale of the Year?
- Neo Pepe, a rising meme coin, is gaining momentum and drawing comparisons to Pepe Coin's past success.
- The structured presale model of Neo Pepe has garnered over $1.3 million in contributions, pricing tokens attractively at $0.08.
- Driven by organic engagement, Neo Pepe aims to replicate the viral success of meme coin predecessors.
- Exclusive crypto communities are buzzing about Neo Pepe due to its decentralized philosophy and engaging presale model.
- Investors are excited about Neo Pepe's DAO governance, structured presale, deflationary tokenomics, and culturally resonant branding.
- Social media activity around Neo Pepe mirrors Pepe Coin's historic rise, indicating growing adoption.
- Tech-savvy features like smart contracts and governance protocols position Neo Pepe as a promising presale candidate.
- Crypto Craze highlights Neo Pepe's unique features, governance model, and potential challenges, making a compelling case for its significance.
- Opportunities to participate in Neo Pepe's presale are open for crypto enthusiasts seeking to be part of the meme coin history.
- Joining the Neo Pepe community offers a chance to engage, contribute, and be a part of the evolving crypto landscape.
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Bitcoinist
2h
318
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Asia’s 1st Public Crypto Firm, MemeStrategy, Scores Historic SOL Win
- MemeStrategy, a Hong Kong Stock Exchange-listed firm, purchased 2,440 units of Solana (SOL) for about HKD 2.9 million.
- The average cost per SOL token was HKD 1,191, with the purchase facilitated by OSL Group.
- MemeStrategy plans to leverage Solana's developer base and institutional users to establish a presence in Web3 infrastructure.
- The firm aims to bridge AI, blockchain, and culture by engaging with Solana and exploring new ways to connect apps with real-world finance.
- MemeStrategy intends to run validator nodes on Solana's proof-of-stake network for consistent rewards through staking.
- The company sees staking as a way to generate steady income streams while contributing to securing the blockchain.
- Following the Solana purchase announcement, MemeStrategy's stock price surged by 28% to HKD 2.57 on Monday.
- Investors view the move positively, seeing it as a signal of MemeStrategy's active participation in the crypto space.
- Other firms like DeFi Development Corporation, Upexi Inc., Sol Strategies, and Classover have also added SOL to their treasuries.
- MemeStrategy's initiative marks the first such move by a Hong Kong-listed company in the crypto sector.
- The company's decision to invest in SOL could influence more public firms in Hong Kong to consider similar moves as regulations evolve.
- Monitoring the performance of MemeStrategy's SOL stake may serve as a benchmark for other companies eyeing proof-of-stake tokens.
- This development indicates the growing interest from public companies in integrating crypto assets into their treasuries.
- The market responded positively to MemeStrategy's strategic investment in SOL, highlighting the enthusiasm for prominent entities supporting smart-contract platforms.
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Crypto-News-Flash
2h
308
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Berachain Adds RWA, Gachapon, and LST to Its Vault System
- Berachain introduces real-world assets, NFT lending, and liquid staking vaults with its latest RFRV batch to enhance user options and engagement.
- The new RFRV batch includes Kettle vault for tokenized luxury watch trading and Eden Gachapon vault with gamified mechanics.
- Berachain's RFRV batch also incorporates stablecoins and NFT lending through projects like BurrBear's pool and Paddle Finance's 'Steady Teddys.'
- The addition of liquid token staking (LST) by Smilee and Beraborrow further expands user opportunities.
- Berachain recently approved BRIP-0001 to enhance performance and flexibility for developers by decoupling EVM clients and supporting Proof-of-Liquidity mechanisms.
- Integration with Rango Exchange improves cross-chain liquidity for users.
- The Bectra module offers features like smart wallets, batch transactions, and gas sponsorship for enhanced user experience.
- Staking flexibility and efficient blob data management are highlighted as benefits for validators and developers.
- Berachain's expansion beyond native stablecoins and derivatives to include NFTs, LSTs, and real-world assets signifies a shift towards a more diverse incentive ecosystem.
- The BERA token is currently trading at around $1.91, showing a 1.89% decrease in 24 hours, resulting in a market cap below $230 million.
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TronWeekly
2h
203
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U.S Senate Launches New CLARITY Act to Shape Crypto Market Rules
- The U.S. Senate has initiated work on the CLARITY Act to regulate the crypto market, with a focus on defining regulatory roles and categorizing digital assets.
- A subcommittee hearing on the framework will take place on June 24, aiming at providing clear regulations for the digital asset sector.
- The Senate's focus is on investor protection, transparency, compliance, and balancing innovation with financial system accountability.
- Senator Tim Scott is likely to lead the committee in shaping the debate and determining regulatory limits for crypto firms.
- The GENIUS Act, aiming to impose new standards on the stablecoin market, has passed the Senate and will proceed to the House.
- The GENIUS Act includes minimum capital and disclosure requirements for stablecoin issuers, complementing the CLARITY Act.
- Members of Congress emphasize the need for both acts to work together to provide a comprehensive legal framework for the crypto ecosystem.
- Senators Elizabeth Warren and Josh Hawley have expressed concerns about potential gaps in consumer protections in the proposed laws.
- Senate leadership remains confident that the bills will address risks, with Chairman Scott stating that the CLARITY Act will advance despite criticism.
- The legislation is expected to cover classification rules, compliance systems, and regulations for decentralized platforms, aiming to pass before the August recess.
- The Senate's efforts reflect the increased demand for comprehensive legislation in response to regulatory pressures and calls for clearer regulations from stakeholders and investors.
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Coinpedia
34m
430
Image Credit: Coinpedia
Elon Musk’s AI Firm Faces Legal Action, Here’s Why
- Elon Musk's AI firm, xAI, is facing legal action for running 35 gas turbines without permits at its Memphis site, violating the Clean Air Act.
- The NAACP and SELC allege environmental racism, demanding penalties and relief for affected communities in South Memphis.
- SELC issued a 60-day legal notice to xAI after claiming the company operated turbines without proper permits.
- Colossus, the data center, is located in a predominantly Black neighborhood suffering from poor air quality.
- SELC mentioned xAI's failure to use pollution-reducing technologies and obtain required permits for the turbines.
- The NAACP plans legal action, seeking court-ordered relief, civil penalties, and legal fees to protect the community.
- Despite community backlash, xAI plans to build a second, larger data center in Memphis called Colossus 2.
- The demand for data centers is increasing due to AI and cloud computing growth, with energy usage projected to double or triple by 2028.
- Global investments in the data center sector are estimated to reach $6.7 trillion by 2030.
- Tech companies like xAI are facing environmental concerns, potentially influencing how data centers are powered in the future.
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Coinpedia
1h
84
Image Credit: Coinpedia
Why Is Cardano (ADA) Price Dropping Today? Here’s What You Need to Know!
- Cardano (ADA) has dropped nearly 12-15%, falling below $0.6 for the first time in two months.
- Bearish technical indicators and a possible falling wedge pattern are pressuring ADA price further down.
- The current critical support zone for ADA is between $0.59 and $0.60.
- Long-term holders of ADA are cashing out, increasing selling pressure and weakening market sentiment.
- On-chain data shows 'Age Consumed' metric at a 9-month high, suggesting decreasing investor confidence.
- If ADA fails to trigger a positive rebound, it could drop to $0.57 or even $0.50.
- The price is stuck in a descending parallel channel and may drop to $0.51 if a rebound is not triggered.
- A bounce back to $0.66 or $0.70 is possible if ADA holds above $0.6; otherwise, $0.57 and $0.50 become critical levels.
- The combination of technical weakness, long-term holders selling off, and bearish sentiment is affecting ADA price.
- While it's not a panic situation, monitoring ADA closely is advised.
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Coinpedia
1h
119
Image Credit: Coinpedia
Blocksense Moves Beyond the Oracle Bottleneck with Verifiable, Permissionless Infrastructure
- Blocksense, a zero-knowledge-native oracle protocol launched in 2024, aims to revolutionize oracle infrastructure by providing verifiable, permissionless solutions.
- Blocksense has evolved from a pre-seed round to active deployments across various ecosystems within a year, including Aztec, Citrea, and Aurora.
- The protocol uses a ZK rollup-inspired architecture to reduce on-chain costs and maintain integrity, employing zkSchellingPoint for consensus.
- Blocksense allows programmability through its SDK, enabling developers to define oracle logic in a WebAssembly-compatible format.
- The shift from 'oracle-as-a-service' to 'oracle-as-code' offers new use cases across various platforms like Pharos, TAC, and Citrea.
- To ensure trustlessness and scalability, Blocksense combines cryptography and incentives to discourage collusion and maintain security.
- The team, consisting of over 30 professionals, is focusing on further decentralization and EigenLayer integration for enhanced security.
- Upcoming plans include finalizing the public SDK, expanding data format support, and scaling incentives for reporters and validators.
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Crypto-News-Flash
1h
309
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Ripple’s Potential IPO May Fuel XRP Surge, Analysts Warn of ‘Insane Valuation’
- Ripple's potential IPO speculation is fueling XRP price surge near its breakout point.
- Analysts believe Ripple going public could trigger XRP to reach new highs.
- Recent corporate actions suggest Ripple might be preparing for a public listing despite officials denying immediate IPO plans.
- XRP has been trading within a symmetrical triangle since a sharp drop in January 2025.
- XRP is currently at $2.14, indicating a 2.2% decline in 24 hours.
- Wealth Group founder Johnny anticipates a potential strong breakout for XRP especially with Ripple's IPO proceedings.
- Analysts compare Ripple Labs' potential public listing to Circle's IPO, which significantly increased its valuation.
- Market analyst Dennis Liu sees Ripple's IPO as a turning point that could lead to major gains for XRP.
- Ripple completed a $700 million share buyback at $175/share, hinting at a valuation close to $25 billion.
- Despite official denials, Ripple has displayed signs of IPO readiness by hiring for corporate development roles and recent acquisitions.
- Attorney John Deaton believes an IPO for Ripple, with legal matters settled and a strong balance sheet, is possible and appealing.
- Investors are closely monitoring Ripple's actions, including VivoPower's $121 million investment in XRP.
- CNF reported VivoPower partnering with the Flare blockchain to generate yield from its XRP holdings.
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Coinpedia
2h
311
Image Credit: Coinpedia
Late To Solana’s (SOL) Rise? Don’t Miss Ruvi AI (RUVI), Analysts Predict $1 Evaluation To Its Audited Token
- Solana (SOL) has seen significant success in the crypto space, but a new opportunity, Ruvi AI (RUVI), is gaining attention with its blend of blockchain and AI technologies.
- Ruvi AI addresses real-world issues by integrating AI and blockchain, offering solutions in marketing, entertainment, and finance, setting it apart from speculative projects.
- With analysts predicting a $1 valuation for RUVI, the Phase 2 presale at $0.015 per token presents a lucrative entry point for investors.
- The presale has already raised $1.8 million and attracted over 1,600 holders, reflecting growing confidence in the project.
- Ruvi AI's structured approach guarantees a post-presale price of $0.07, providing immediate value for early investors.
- VIP investment tiers offer additional bonuses, enhancing potential returns based on contribution levels.
- Ruvi AI's transparency, undergoing an audit by CyberScope, and partnership with WEEX Exchange ensure credibility and post-presale liquidity.
- The token's practical applications in marketing, entertainment, and finance drive long-term demand and utility.
- Investing in Ruvi AI now at the entry price of $0.015, with the potential for a $1 valuation, mirrors the early success seen with Solana.
- Ruvi AI's focus on real-world problem-solving, transparency, practicality, and potential for substantial returns make it an attractive investment opportunity.
- To learn more or participate in the presale, individuals can visit the provided links for purchasing, website information, whitepaper, Telegram, and Twitter.
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Coinpedia
2h
71
Image Credit: Coinpedia
Ohio House Passes Bitcoin Rights Bill With $200 Crypto Tax Exemption
- The Ohio House of Representatives passed House Bill 116, known as the 'Bitcoin Rights' bill, aiming to boost everyday crypto use and adoption.
- The bill includes a $200 tax exemption on capital gains from crypto transactions to simplify small transaction reporting for Ohio residents.
- Key highlights of the bill include clear legal rights for crypto holders, protection for self-custody, mining farm operation rights, and exemptions from certain regulations.
- Government limitations under the bill include restrictions on interfering with digital asset payments, self-hosted wallets, and mining operations rezoning without proper notice.
- The bill awaits approval from the Ohio Senate and Governor Mike DeWine before becoming law, with supporters optimistic about its success in promoting innovation and crypto-friendly regulations in Ohio.
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Coinpedia
2h
120
Image Credit: Coinpedia
XRP News Today : Ripple Mints 10M RLUSD as Genius Act Ignites Stablecoin Boom
- Ripple minted 10 million RLUSD amid increasing demand for stablecoins, coinciding with U.S. Senate's Genius Act gaining momentum.
- Total stablecoin market cap surged to over $251 billion in June 2025, up by 54% year-on-year due to institutional adoption and regulatory clarity.
- Recent legislative developments are driving interest in regulated digital finance, paving the way for a stablecoin boom.
- U.S. Treasury sees stablecoins strengthening the dollar's global dominance, potentially becoming significant buyers of U.S. Treasurys.
- Ripple aims to challenge stablecoin giants like Tether and Circle with RLUSD amidst growing market caps for USDC and regulatory shifts.
- The Genius Act is viewed as transformative for the financial system, with Ripple CEO projecting stablecoin market caps to increase significantly in the next five years.
- Ripple's minting of RLUSD is strategic, aligning with regulatory advancements and strong XRP ecosystem performance.
- Around 79% of XRP holders are in profit, reflecting confidence in Ripple's network and growing adoption of RLUSD.
- Companies like Ripple, Gemini, and Kraken are reportedly preparing for crypto IPOs, driven by rising valuations and regulatory clarity.
- Ripple's move with RLUSD signals readiness for increased utility and demand amid legislative progress and investor interest in stablecoins.
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Newsbtc
2h
52
Image Credit: Newsbtc
Ethereum Stalls at $2,500, But Is a $4,000 Breakout Closer Than You Think?
- Ethereum faces resistance at the $2,500 level after a brief rally above $2,800 last week, currently trading at $2,511.
- Analysts point to the 50-week exponential moving average (EMA) as a key resistance level, historically leading to significant price gains upon breakout.
- Breakouts above the 50-week EMA in previous cycles have resulted in price increases ranging from 25% to 135%, potentially targeting $4,000 for Ethereum.
- Ethereum's staking metrics show steady growth, with over 500,000 ETH staked in June, totaling over 35 million ETH, indicating investor conviction.
- Staking involves locking ETH to secure the network, reducing circulating supply on exchanges and encouraging long-term holding behavior.
- Accumulation wallets holding ETH with no selling history have reached an all-time high, holding 22.8 million ETH, further signaling long-term investment strategies.
- On-chain developments align with increased interest in Ethereum financial products, driven by institutional and retail engagement, as well as the approval of spot ETH ETFs by the SEC.
- SharpLink Gaming, a Nasdaq-listed company, revealed a $425M Ethereum reserve strategy in partnership with ConsenSys, showcasing continued interest in Ethereum-based initiatives.
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Coinpedia
2h
95
Image Credit: Coinpedia
If You Want to Build a $50,000 to $100,000 Portfolio in 2025, Invest $1,000 in These 4 Coins
- Investing in cryptocurrencies can offer significant returns, especially with the right picks.
- Little Pepe ($LILPEPE) is a meme coin that aims to combine meme culture with practical blockchain applications.
- Little Pepe offers utility such as DeFi tools, community governance, and a meme-centric launchpad.
- The current token price for $LILPEPE is $0.0011 during Stage 2 of the presale.
- Ethereum (ETH) is a foundational cryptocurrency for DeFi and NFTs, with Ethereum 2.0 improving network efficiency.
- Solana (SOL) stands out for its fast transaction speed, scalability, and popularity in DeFi, NFTs, and gaming.
- Chainlink (LINK) is essential for connecting smart contracts with external data, making it crucial for various DeFi protocols.
- Investing $1,000 in Little Pepe, Ethereum, Solana, and Chainlink can position investors in diverse sectors of the cryptocurrency market.
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