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Coin Telegraph

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Here’s what happened in crypto today

  • US President Donald Trump avoided questions about divesting from crypto ventures amid pressure over digital asset bills in Congress, shifting focus to industry significance and dominance.
  • Founders of Across Protocol face accusations of redirecting $23 million in funds, prompting discussions around misuse claims and allegations of covert manipulation of decentralized autonomous organization votes.
  • Infrastructure attacks, seed phrase hacks, and front-end exploits contributed to $2.1 billion in crypto losses in the first half of 2025, a significant increase from previous years, highlighting ongoing security vulnerabilities in the industry.
  • TRM Labs report emphasized the need for enhanced collaboration among law enforcement, financial intelligence units, and blockchain firms in addressing the rising threats to digital assets, particularly citing the $1.5 billion Bybit hack linked to North Korea as a major incident.

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