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Cryptography News
Coindoo
1w
33
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American Charged for Laundering $1.7M in Fraudulent Checks into Bitcoin
- Tushal Rathod has been indicted on wire fraud, money laundering, and conspiracy charges for his involvement in a business email compromise scheme.
- Rathod allegedly funneled stolen funds through bank accounts into Bitcoin, using multiple aliases and co-conspirators to conceal the illicit origins.
- Authorities believe Rathod's use of cryptocurrency was to evade detection, leveraging Bitcoin's pseudonymous nature for discreet transactions.
- Rathod was arrested and awaits a detention hearing, with prosecutors yet to disclose the possibility of further arrests in the conspiracy.
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Cryptoticker
1w
55
Image Credit: Cryptoticker
Bitget Wallet Partners with Mastercard and Immersve to Introduce Zero-Fee Crypto Card
- Bitget Wallet has collaborated with Mastercard and Immersve to launch a zero-fee crypto card permitting users to make payments at Mastercard-accepted merchants globally.
- The card, available via Bitget Wallet app, enables real-time funding through onchain swaps and deposits, conforming to Mastercard's regulatory standards.
- Initially launched in the UK and EU, the card will expand to Latin America, Australia, and New Zealand, offering incentives like transaction-based rewards and yield on idle balances.
- The partnership aims to facilitate seamless and secure crypto transactions, bridging the gap between Web3 and traditional finance for global adoption.
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Coindoo
1w
55
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NY Attorney General Pushes for Tougher Stablecoin Rules Amid Pending U.S. Legislation
- New York Attorney General Letitia James is pushing for stricter regulations on stablecoins under pending U.S. legislation.
- James criticized the GENIUS Act and the STABLE Act for lacking adequate safeguards, advocating for stablecoin issuers to be regulated more like traditional banks and consumer protections to be ensured.
- The GENIUS Act, supported by the White House, aims to require stablecoins to be fully backed by cash or highly liquid assets, mandate audits for large issuers, and establish rules for foreign stablecoin operators.
- The STABLE Act offers more state-level oversight flexibility but has not yet reached a full House vote. James believes that giving supervisory authority to the Federal Reserve is crucial for safeguarding the financial system and consumers.
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Coinjournal
1w
332
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Best crypto to buy now as analysts see Bitcoin hitting $200K
- Bitcoin Pepe's presale has raised over $16 million and the BPEP token is set to be listed on MEXC and BitMart.
- Crypto market sentiment remained stable with Bitcoin near $107,000, as traders await key US economic data releases.
- Bitwise predicts Bitcoin hitting $200,000 due to institutional demand and remains optimistic about the second half of the year.
- Bitcoin Pepe project continues to gain attention and resilience, aiming to differentiate itself by combining Bitcoin security with scalability features.
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Coindoo
1w
55
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Leveraged ETFs for Solana, XRP, and Trump Tokens May Go Live Soon
- Tuttle Capital Management has filed an amendment confirming July 16, 2025, as the effective date for ten 2× leveraged ETFs tied to major cryptocurrencies and meme coins, per an SEC filing.
- The lineup includes leveraged ETFs for assets like XRP, Solana, Litecoin, Cardano, BNB, and Chainlink, along with unconventional picks like Trump, Melania, Bonk, and Polkadot.
- These funds aim to deliver twice the daily gains—or losses—of their respective tokens, amplifying volatility for high-risk traders.
- The approval of Tuttle’s political-themed meme coin ETF, $SSK, may have paved the way for the launch of these leveraged ETFs amid increasing retail and institutional interest in speculative assets.
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Coindoo
1w
407
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Ripple vs. SEC Nears Final Stage, but July 3 May Not Be the End
- Some XRP supporters are hopeful that a potential turning point in the Ripple vs. SEC case could occur on July 3 during an upcoming closed-door SEC meeting.
- Crypto commentator Captain Redbeard referred to this date as a 'moment of truth,' indicating that the SEC might vote to drop its appeal, offering regulatory clarity for XRP.
- Legal experts, including former SEC attorney Marc Fagel, caution that the meeting's agenda is confidential, and the decision to dismiss the appeal could happen at any time.
- The final steps to resolve the case involve a formal SEC vote, paperwork filing by both parties, and court finalization, a process that could extend beyond July 3.
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Cryptoticker
1w
80
Image Credit: Cryptoticker
Can Toncoin Bounce 26% From Here? Chart Says This!
- Toncoin (TON) price is facing bearish pressure with the daily chart showing resistance near $2.80 and immediate support at $2.70.
- The RSI is currently around 39, hinting at potential further downside before a bounce, with $2.70, $2.50, and $2.20–$2.00 highlighted as key support levels.
- If TON price breaks below $2.70, it could target the $2.00 – $2.20 zone, while a move above $2.80 may lead to a 26% upside toward $3.40.
- The current outlook for TON price is leaning toward sideways-to-bearish unless a clear breakout above $2.80 happens, prompting traders to monitor levels around $2.70 and $2.80 for potential market direction.
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Coindoo
1w
263
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Crypto Hacks Surpass $2.47B in First Half of 2025, Already Outpacing Last Year
- Crypto hacks surpassed $2.47 billion in the first half of 2025, outpacing the total reported in all of 2024.
- Two major incidents, Bybit breach and Cetus Protocol exploit, accounted for over $1.78 billion of the losses.
- Wallet compromises were the most damaging attack vector, causing $1.7 billion in losses, while phishing attacks led to $410 million stolen across 132 incidents.
- Despite the huge losses, the second quarter saw a decline in losses, with a total of $801 million lost, down by 52% from Q1.
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Coindoo
1w
390
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Tether Rebalances $100M USDT from Tron to Ethereum via Bitfinex
- Tether rebalanced $100 million USDT from Tron to Ethereum via Bitfinex in a routine chain swap.
- Simultaneously, 100 million USDT was transferred from Bitfinex to Tether Treasury on the Tron blockchain.
- The move involved swapping Tron-based USDT for Ethereum-based USDT to rebalance liquidity across networks.
- Tether has been actively minting new tokens and adjusting its supply in response to shifting demand on different blockchains like Ethereum and Tron.
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Medium
1w
174
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Dissolving the Question: Why P vs NP Is the Wrong Problem in the Wrong Language
- The P vs NP question is viewed as a symbol of human understanding limits.
- The essay argues that the unsolvability of P vs NP might be due to misformulation and language barriers.
- It proposes that when expressed in the correct representational basis, the distinction between P and NP dissolves.
- The essay suggests that resolving P vs NP is not a loss but an opportunity for transformation in thought language.
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Cryptopotato
1w
55
Image Credit: Cryptopotato
Limitless Raise $4m Strategic Funding, Launch Points Ahead of TGE
- Limitless.exchange, a prediction market on Base, has closed a $4 million strategic funding round led by Arthur Hayes and his family office, Maelstrom.
- The funding, totaling $7 million, includes investments from various firms and individual investors like Coinbase Ventures, 1confirmation, and others.
- Limitless is gearing up for a Token Generation Event (TGE) and has introduced a points program ahead of this event to engage prediction market enthusiasts.
- The platform has also launched a new mobile-first trading experience and aims to become the first major prediction market platform to launch a token and distribute an airdrop to early customers.
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Cryptopotato
1w
50
Image Credit: Cryptopotato
$70M Committed to Boba Network as Foundation Concludes BOBA Token Agreement with FTX Recovery Trust
- Boba Governance Foundation secures $70 million funding from Awaken Foundation and LDA Capital.
- The investment will fuel the development of Boba Network's infrastructure and ecosystem growth.
- Partnership aims to advance AI-powered decentralized applications and enhance global blockchain innovation.
- FTX Recovery Trust resolves BOBA tokens transfer agreement with Boba Governance Foundation.
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Coindoo
1w
403
Image Credit: Coindoo
Bitcoin ETFs Hit by $342M Outflow After 15-Day Inflow Streak Ends
- Bitcoin ETFs experienced a $342 million outflow, ending a 15-day streak of inflows, signaling a shift in sentiment among institutional investors.
- Fidelity's FBTC led the outflow with $172.7 million, followed by Grayscale's GBTC with $119.5 million outflows.
- BlackRock's IBIT, a significant inflow driver previously, saw no activity on the day.
- While Bitcoin ETFs saw outflows possibly due to profit-taking or cooling momentum, Ethereum ETFs recorded $40.7 million in net inflows, indicating increasing investor interest in Ethereum-based products.
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Coindoo
1w
421
Image Credit: Coindoo
Bitcoin Supply Tightens as Investors Refuse to Sell
- Bitcoin has shown resilience, rebounding to $107,000 after dipping during geopolitical tensions.
- Despite high paper profits, sell pressure remains low, with average realized gains below peak levels.
- Long-term holders are growing in number, with a record number of dormant coins and a shift towards holding over trading.
- Institutional interest remains strong, with healthy capital flows into spot Bitcoin ETFs and stablecoin reserves indicating buying power and liquidity.
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Coindoo
1w
280
Image Credit: Coindoo
Solana Staking ETF Launches in the U.S. Today – What to Expect
- A Solana Staking ETF has launched in the U.S. after securing SEC approval, potentially marking a shift for altcoin-based funds.
- Analysts suggest that institutional interest in non-Bitcoin crypto ETFs will be tested by this launch, with expectations that strong performance could indicate specific asset concerns rather than a general lack of interest in altcoin products.
- The ETF's introduction follows the SEC's confirmation in May that staking-based ETFs are permissible, opening the door for future offerings. Other altcoins like XRP, Litecoin, and Solana are predicted to follow suit for potential ETF approvals.
- This Solana Staking ETF is the first of its kind in the U.S. market to blend spot exposure with staking rewards, presenting a new investment option for digital asset yield seekers.
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