Ethiopia is on the verge of a crisis: 30% of the country’s total electricity will be used for crypto mining
Ethiopia is facing energy problems due to crypto mining. This year, crypto mining and data centers are expected to consume a third of the country’s electricity supply in 2025. That is, the cost of this type of activity will exceed 8 terawatt-hours. This is one of the reasons why mining has been banned in Kuwait.
Deutsche Bank unit receives permission to issue Euro stablecoins — EURAU
Everyone around us is increasingly talking about stablecoins. Another important news was added to the list of these conversations. On July 1, a joint venture between DWS (a division of Deutsche Bank), Flow Traders, and Galaxy called AllUnity received a license from the German Federal Financial Supervisory Authority (BaFin). This opened up the…
What does Trump smell like? The US President has launched a line of perfumes that can be bought for TRUMP
Not only Chinese smartphones. US President Donald Trump has announced a line of perfumes for women and men. They are called Victory 45-47 and «dedicated to victory, strength, and success». The price of a 3.3-ounce (97.6 ml) bottle starts at $249. The perfumes can also be purchased for TRUMP tokens using Solana Pay.
Crypto mining is not dead: an average annual growth of 7.8% is expected by 2032
Many miners believe that it is no longer profitable. However, the global market is expected to grow at a compound annual growth rate (CAGR) of 7.8% through 2032. The global cryptocurrency mining market was valued at $1.55 billion in 2024 and is expected to reach $2.83 billion by 2032.
Hackers have already stolen more cryptocurrencies than in the whole of 2024
Blockchain researcher ZachXBT said that the crypto industry has entered a «crime supercycle». A new study has shown that in the first half of 2025 alone, hackers stole more than $2.1 billion worth of cryptocurrencies as a result of at least 75 attacks and exploits. This exceeded the previous anti-record set in 2022 by about 10% and is almost…
Trading volume on decentralized exchanges reached a historic high
Decentralized finance (DeFi) has broken a new record. The ratio of spot trading volume to decentralized exchanges (DEX) to centralized exchanges (CEX) reached an all-time high of almost 27%.
Coinbase shares hit a historic record thanks to stablecoins
Shares by Coinbase Global Inc. closed at its highest level ever: up 5.5% — to $375.07. The previous high of $357.39 was set in November 2021, just a few months after the company went public.
Suddenly, Bhutan has become the third country in terms of the number of accumulated bitcoins
In May, it was reported that Bhutan has accumulated 8,594 BTC through hydroelectric mining. The tiny state started this activity five years ago, back in 2020. For a long time, the country was among the five largest holders of BTC. Until it became known in June that the actual number of bitcoins accumulated by Bhutan did not reach 13,029, worth $1.3…
Kraken Exchange receives MiCA license to operate in the European Economic Area
Kraken crypto exchange has obtained work permits in all 30 member states of the European Economic Area (EEA) due to Markets in Crypto-Assets Regulation (MiCA) licenses provided by the Central Bank of Ireland.
French «Spider-Man» launches the world’s first action token Tigershark
The legendary urban climber Alain Robert, known worldwide as the French «Spider-Man», conquered the 116-meter-high Meliá Barcelona Sky Hotel without ropes, belay systems, or any protective equipment.
Prove you’re not a robot: how bots quietly took over the Internet in 2024
If you think that the Internet is not what it used to be, you’re right. A new study (and not just one) has shown that most traffic no longer comes from people. We officially lost control of the global network back in 2024. Bots (programs that interact with websites in an automated manner) have been […]
Will Visa and Mastercard be able to survive the stablecoin revolution?
On June 18, Visa and Mastercard shares fell by about 5% as investors became nervous about the possibility that stablecoins could destroy traditional payment networks. This is because the day before The US Senate has passed a bill known as the GENIUS Act, which will regulate stablecoins in the country. Do they really pose a […]
Ethereum has a new historical record
The Ethereum blockchain processed 24.69 million transactions in a month. This is a new historical high. Second-level (L2) solutions, blobs, and wider adoption are actively driving the ecosystem forward.
SparkKitty: a new virus from the App Store and Google Play steals cryptocurrency
Hello, supercycle of crypto-crime. A new trojan called SparkKitty has been detected in the App Store and Google Play that infects smartphones and steals sensitive data, potentially allowing attackers to empty victims’ crypto wallets.
Mastercard has joined the USDG stablecoin network
Mastercard payment system in the footsteps of Visa began to actively expand support for stablecoins. Mastercard will join the Paxos global dollar network, which will allow it to support USDG, USDC, PYUSD, FIUSD stablecoins in its network, as well as launch new opportunities through Mastercard Move and Mastercard Multi-Token Network.
XRP rises, bitcoin exceeds $106K amid a ceasefire between Iran and Israel
Bitcoin dropped below $100 thousand for the first time since May after the strikes on Iran’s nuclear facilities. Now, digital gold has exceeded $106,000 after the announcement of a ceasefire between Iran and Israel.
Bitcoin has fallen below $100 thousand — further decline will lead to liquidations worth billions
Bitcoin dropped below $100 thousand for the first time since May after US President Donald Trump said that strikes on three major nuclear facilities in Iran. This caused anxiety in the market over the weekend. Bitcoin fell by 3.8% to $98,904, while Ethereum dropped to around $2,157. Instead, more attention is now focused on the oil and gold…
Cointelegraph website hacked with a link to a fake airdrop posted
The well-known cryptocurrency publication Cointelegraph was attacked by hackers. They placed a fraudulent link in the code that looked like an airdrop.
Ethereum (ETH) strategic reserve among 38 companies exceeds $3 billion
There are several signs that ETH is preparing for a serious upward movement, and there are chances that the price will rise to $4 thousand.
North Korean hackers send virus through vacancies in the crypto sphere
In May, a Python-based remote access trojan (RAT) called PylangGhost was discovered. The malware is distributed by DPRK hackers Famous Chollima because of the job offers in the cryptocurrency industry.
Visa deepens the use of stablecoins
More and more often we hear about stablecoins. Especially when the US is about to open up the possibility of launching this type of cryptocurrency for many companies. This is especially attractive against the backdrop of savings on fees in such payment systems as Mastercard and Visa.
A well-known analyst believes that the crypto industry has entered a «crime supercycle »
Blockchain researcher ZachXBT has warned of the beginning of a «crime supercycle » in the crypto industry. He explained this by a combination of launch of memecoins by politicians and the closure of several court cases. ZachXBT emphasized that the crypto industry has always had the potential for abuse and exploitation of various vulnerabilities.…
The US legalizes stablecoins, but this could undermine the crypto market and democracy
June 17 The US Senate passed a bill known as the GENIUS Act, to create a regulatory framework for cryptocurrency tokens pegged to the US dollar. For the GENIUS Act to take effect, it must be passed by the House of Representatives, after which the document will be on President Donald Trump’s desk for approval. […]
Israeli hackers hacked Iran’s largest crypto exchange Nobitex and destroyed $90 million
In the conflict between Israel and Iran, not only brute force is used. For example, recently, hackers from Gonjeshke Darande hacked into an Iranian cryptocurrency exchange called Nobitex and withdrew $90 million from there. And not just withdrew, but destroyed these assets: they sent them to eight addresses for burning (they do not have crypto…
US Senate passes bill on stablecoins
The U.S. Senate has passed a bill that will establish the first federal regulatory system for dollar-backed cryptocurrencies. Although the so-called GENIUS Act still needs approval from the House of Representatives and US President Donald Trump before it can be actually passed, the crypto world is already celebrating this important step. The GENIUS…
X suddenly blocked the accounts of Pump.fun, GMGN, ElizaOS, and other memecoin platforms
The X platform suddenly massively blocked trading and memecoin launch platforms, as well as those involved in them. On June 16, Pump.fun and the personal account of co-founder Alon Cohen, as well as GMGN, Bloom Trading, and BullX platforms, were targeted, ElizaOS and others.
WSJ: Amazon and Walmart want their own stablecoins
Retailers such as Amazon and Walmart pay commissions Visa or Mastercard every time a customer uses these cards. Of course, stores are not happy about losing money. That is why Amazon seems to be in the initial stages of developing its own stablecoin. It is reported that there have been discussions about using external stablecoins for payments.
Binance celebrates the SEC’s decision to dismiss the lawsuit: «It’s a 180 degrees change»
Richard Teng, CEO of Binance, the world’s largest crypto exchange, has called the SEC’s decision to withdraw the 2023 lawsuit «a radical change» — a 180 degrees change.
NFT project Bored Ape Yacht Club has joined Telegram
The legendary NFT project Bored Ape Yacht Club (BAYC) by Yuga Labs has launched its Telegram channel. Apparently, one of the most famous NFT brands in the world has decided to join the TON (The Open Network) ecosystem through growing popularity of gifts on Telegram, while NFT market in decline since 2022.
Tether sets its sights on gold, and SharpLink Gaming becomes the largest ETH holder
Tether Investments, an affiliate of Tether company Group, has acquired a 31.9% stake in Elemental Altus Royalties. This is a gold-focused Canadian royalty company. Thus, Tether will strengthen its stable long-term assets such as gold and bitcoin.
Positions worth $1.14 billion were liquidated on the crypto market, with one trader losing $201 million
Last night, Israel attacked Iran’s nuclear facilities. As a result of the attack died Commander of the Islamic Revolutionary Guard Corps Hossein Salami, Chief of the General Staff of the Iranian Armed Forces Mohammad Bagheri, and physicist Mohammad Mehdi Tehranchi.
PayPal to launch PYUSD stablecoin in Stellar network
PayPal launched the dollar stablecoin PYUSD back in 2023 on the Ethereum (ETH), Solana (SOL), and Cardano (ADA) networks, and now plans to make it available on the Stellar network. This blockchain will also be used by the French bank Societe Generale for its EUR CoinVertible (EURCV) stablecoin.
In Sumy region, a guy stole UAH 7.6 million by selling non-existent bitcoins on a fake crypto exchange
There are enough large and well-known exchanges in Ukraine that work with the hryvnia, but they are centralized (i.e., they regulate and verify customers and transactions). This is the only way to explain the desire of a resident of Sumy region to buy bitcoins for $60 thousand on some little-known platform.
A trend worth billions: why are corporations caught up in bitcoin fever?
Public companies are actively buying bitcoin. And it is literally a hot trend at the moment. Even the media company of US President Donald Trump Trump Media and Technology Group (TMTG) announces plans to buy BTC for $2.5 billion. And the number of public companies creating bitcoin treasuries is only growing as the world’s most […]
Bitcoin is ready to break through $130 thousand by the end of June
Bitcoin sets a record price of $111 thousand, but later pulled back. Over the past 24 hours, Bitcoin (BTC) has risen in price by $3000, rising from $105,400 to $108,600. The well-known bitcoin analyst PlanB published an optimistic forecast (for longers and holders, of course). He suggested that bitcoin has every chance of soaring to $130 thousand.
Wait, what? Bitcoin Lightning Network service Alby has taken money from users
A wallet for the Bitcoin Lightning Network called Alby has started charging dozens of users. People began reporting unexpected withdrawals from their accounts that they did not authorize. These deductions are described as inactivity fees.
Societe Generale is the first major bank to launch a dollar stablecoin
French banking giant Societe Generale in partnership with Bitpanda launched the EUR CoinVertible stablecoin (EURCV) according to MiCA standards based on Stellar. The next step is the dollar stablecoin.
«Bitcoin family» hides seed phrase from wealth on four continents
A wave of loud kidnapping of cryptocurrency company executives or their relatives provoked a quiet security revolution. The number of requests to security firms has increased. Influencers stopped boasting about their wealth. Holders of large sums began to strengthen the protection of their own tokens.
Crypto funds assets hit a record high in May
Assets crypto funds reached a record high in May. The reason was the easing of the trade war between the US and other countries. Some investors use digital currencies to hedge against market volatility and diversify.
Russian in the US laundered $530 million through crypto firm Evita to circumvent sanctions against Russian banks
The U.S. Department of Justice has indicted Yuri Gugnin, a Russian citizen and resident of New York, for laundering $530 million through his own cryptocurrency firm, Evita. The crimes took place from June 2023 to January 2025.
Uber is considering integration of stablecoins
During the Bloomberg Tech Summit in San Francisco, Uber CEO Dara Khosrowshahi spoke about expanding taxi and delivery capabilities, The future of autonomous vehicles and the impact of the current political landscape. According to Khosrowshahi, the company is also at the «stage of exploring» the use of stablecoins as a way to make profitable…
Musk-Trump dispute brings down crypto markets and stocks
The public dispute between U.S. President Donald Trump and billionaire Elon Musk may go far beyond mutual insults on social media… Maybe, Grok was right.
Coinbase customer data leak is linked to a contractor in India
Cryptocurrency exchange Although Coinbase has had great success but a shadow falls on them data leakage, which became known in January. The incident occurred through an outsourcing partner and is linked to a larger leak. The losses are estimated at $400 million.
Morocco arrests suspect in organization of a series of kidnappings in France for crypto ransom
One of the suspects in the organization of a series of kidnappings and torture of people in France, people associated with cryptocurrency trading, was detained in Morocco on June 3. The day before, it was reported that 25 suspects have already been charged, many of whom are minors.
Crypto market in May 2025: ETH’s grand return, BTC’s record, and new trends
Growth in the cryptocurrency market began in April. This was despite strong volatility due to US trade policy. In May, the sector showed growth of 10.3%. However, price spikes led to significant liquidations. In total, almost $1 billion worth of short positions in Bitcoin (ETH) and Ethereum (BTC) were liquidated after the announcement of the…
TRUMP to launch a crypto wallet in partnership with Magic Eden, but there are subtleties
The team behind TRUMP memecoin has announced that it will make it easier for Trump supporters to access cryptocurrency and join the community by launching a crypto wallet. Trump Wallet has not been launched yet. However, it is already known that the application will be based on Magic Eden, a digital cross-chain NFT wallet for collectors. The…
OKX will stop supporting USDC products from June 13
OKX, one of the most popular crypto exchanges in Ukraine, has announced that it will stop supporting USDC trading associated with Earn products as of June 13. After this date, USDC balances on OKX Earn users’ accounts will be automatically converted to USDT 1:1. Asset balances in the Earn safe mode will also be converted. Trading and…
France charges 25 suspects with kidnapping and cryptocurrency extortion
The number of exactly physical crimes related to cryptocurrencies has begun to grow rapidly. Recently, for example, three suspects who kidnapped and tortured an Italian man are detained in the United Statesto gain access to its $100 million worth of crypto assets. But the largest number of similar attacks this year was recorded in France. The most…
Why did Sophon tokens suddenly skyrocket in price by 40%?
The native token of the entertainment network Sophon has suddenly risen significantly in price. The SOPH token surged to a daily high of $0.072 on June 3, Asian time, while its market capitalization jumped to $137 million. Sophon (SOPH) has been rising on the back of high trading volume, with data showing that its daily trading volume has increased…
MetaMask crypto wallet sees significant improvements with Web3Auth acquisition
Crypto infrastructure company Consensys has announced the completion of its acquisition of Web3Auth. This is especially important for Consensys’ most popular product, a crypto wallet called MetaMask. Web3Auth is part of a broader effort to make the wallet more accessible to users who are not crypto pros. This is to allow newcomers to access…
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