Justin Bons, founder of Cyber Capital, a cryptocurrency investment firm, has warned that the chances of Bitcoin ( BTC ) collapsing in the coming years remain high. Bons pointed to diminishing block rewards, which are set to fall to 0.39 Bitcoin by 2036 under the current halving schedule. At today’s prices, this would translate to an annual security budget of roughly $2.3 billion, an amount he deems insufficient to protect a network with a potential market cap in the trillions, he said in an X post on August 17. This decline, he argued, could make it economically feasible for attackers to launch 51% attacks, enabling them to manipulate transactions and undermine trust in the system. The cryptocurrency researcher also highlighted the limitations of Bitcoin’s current governance structure. He contends that the Bitcoin Core development team, which controls key updates, has resisted increasing block sizes or allowing inflation beyond the 21 million coin cap. This rigidity, dating back to the 2015–2017 block size debates, could trigger a chain split or inflation, destabilizing the network. Bons also warned that advances in quantum computing may crack Bitcoin’s cryptographic protections, particularly in older wallets. Therefore, this combination of internal economic weaknesses and external technological risks forms the basis of his 7 to 11-year collapse timeline. BTC will collapse between 7 to 11 years from now! First, the mining industry will fall, as the security budget shrinks Then the network will be attacked (censorship & 51% attacks) Core will then have to increase inflation beyond 21M, splitting the chain & that will be the end! — Justin Bons (@Justin_Bons) August 17, 2025 Quantum computing threat It is worth noting that while Bons warns of Bitcoin’s collapse, citing several factors, much of the general debate centers on the potential impact of quantum computers, with experts divided on the timeline. As reported by Finbold, most agree that quantum computing will inevitably threaten Bitcoin, but differ on when. For example, Google’s Craig Gidney sees a risk window between 2030 and 2035, while Blockstream’s Adam Back believes it’s at least two decades away. Others, such as Naoris Protocol’s David Carvalho and investor Chamath Palihapitiya, caution it could happen within five years, putting as much as 30% of all coins at risk. Featured image via Shutterstock The post Top crypto researcher says ‘Bitcoin will collapse’ in 7 to 11 Years appeared first on Finbold .
BitcoinWorld Crypto Investment Products: Astonishing $3.75B Surge Drives Record AUM The world of digital assets is buzzing with incredible news! In a remarkable display of investor confidence, crypto investment products have just shattered records, witnessing an astounding $3.75 billion in weekly inflows. This massive influx isn’t just a fleeting moment; it has propelled the total assets under management (AUM) for these products to an unprecedented $244 billion, an all-time high. This surge highlights a growing appetite for exposure to the cryptocurrency market through regulated and accessible vehicles. What’s Driving the Surge in Crypto Investment Products? Last week marked the fourth-largest inflow on record and the second consecutive week of substantial gains for crypto investment products . According to a recent Medium post by CoinShares, a leading digital asset investment firm, this surge is broad-based, indicating robust interest across various digital assets. The data provides a clear picture of where investor capital is flowing: Ethereum (ETH) products led the pack, attracting a staggering $2.87 billion in inflows. This dominance suggests strong conviction in Ethereum’s ecosystem and its future potential. Bitcoin (BTC) products also saw significant interest, drawing $552 million. Despite Ethereum’s larger share this week, Bitcoin remains a foundational asset for institutional and retail investors seeking exposure to digital gold. Solana (SOL) products continued their impressive run, recording $176.5 million in inflows. Solana’s high performance and growing dApp ecosystem are clearly appealing to investors. XRP products also secured a notable $125.9 million, reflecting renewed interest in this long-standing altcoin. This diverse inflow demonstrates a maturing market where investors are looking beyond just Bitcoin, exploring a wider range of legitimate structured digital asset offerings. Understanding the Record AUM for Digital Assets Reaching an all-time high of $244 billion in AUM for crypto investment products is a significant milestone. It signifies not just new money entering the market, but also the appreciation of existing assets held within these structures. This milestone reflects several key trends: Growing Institutional Adoption: Many institutions prefer to invest in cryptocurrencies through regulated products rather than direct ownership. These products offer familiarity, security, and compliance. Increased Accessibility: Products like spot Bitcoin ETFs have made it easier for traditional investors to gain exposure to digital assets through their existing brokerage accounts, removing many barriers to entry. Positive Market Sentiment: A general bullish outlook on the crypto market, driven by factors like potential interest rate cuts and upcoming halving events, encourages further investment. The consistent demand for these structured products underscores a long-term shift in how traditional finance interacts with the digital asset space. Investors are clearly confident in the future of these investment vehicles. Navigating the Landscape of Crypto Investment Products While the inflows are exciting, it is crucial for investors to understand the landscape of crypto investment products . These vehicles offer distinct advantages, such as ease of access and often enhanced security compared to self-custody. However, they are still subject to the inherent volatility of the underlying digital assets. Furthermore, regulatory environments continue to evolve, which can impact product offerings and market dynamics. For those considering engagement, it is vital to: Conduct Thorough Due Diligence: Research the specific product, its underlying assets, fees, and management. Understand Risk Tolerance: Digital asset markets can experience rapid price swings. Only invest what you can afford to lose. Stay Informed: Keep abreast of market news, regulatory changes, and technological developments in the crypto space. These are not just numbers; they represent a significant vote of confidence in the future of digital finance. In conclusion, the recent monumental inflows into crypto investment products , pushing total AUM to a record $244 billion, signal a pivotal moment for the digital asset industry. This trend, led by strong interest in Ethereum, Bitcoin, Solana, and XRP, underscores the increasing institutional and retail comfort with regulated avenues for crypto exposure. As the market continues to mature, these investment vehicles will undoubtedly play an even more crucial role in bridging traditional finance with the innovative world of cryptocurrencies. The future looks bright for these structured products as they continue to attract significant capital. Frequently Asked Questions (FAQs) Q1: What are crypto investment products? A1: Crypto investment products are financial instruments that allow investors to gain exposure to cryptocurrencies without directly owning the digital assets. These can include exchange-traded funds (ETFs), trusts, or notes that track the price of underlying cryptocurrencies. Q2: Which cryptocurrencies saw the most inflows last week? A2: Ethereum (ETH) products led with $2.87 billion in inflows, followed by Bitcoin (BTC) products with $552 million. Solana (SOL) and XRP products also saw significant inflows. Q3: What does ‘AUM’ mean in the context of crypto investment products? A3: AUM stands for ‘Assets Under Management.’ In this context, it refers to the total market value of all digital assets managed by investment firms on behalf of their clients through various crypto investment products. Q4: Why are investors choosing these products over direct crypto ownership? A4: Many investors, especially institutions, prefer crypto investment products due to their familiarity, regulatory compliance, enhanced security, and ease of integration into traditional investment portfolios. Q5: Is investing in crypto investment products risky? A5: While these products offer benefits, they are still subject to the inherent volatility of the underlying cryptocurrencies. Investors should always conduct thorough due diligence and understand their risk tolerance before investing. Did you find this article insightful? Share it with your friends and fellow crypto enthusiasts on social media to spread the word about the exciting growth in crypto investment products! To learn more about the latest crypto market trends, explore our article on key developments shaping digital asset institutional adoption. This post Crypto Investment Products: Astonishing $3.75B Surge Drives Record AUM first appeared on BitcoinWorld and is written by Editorial Team
Summary XRP ETF offers 1x exposure to XRP via CME futures but does not directly hold XRP, introducing tracking error and underperformance risk. XRP benefits from strong institutional support and recent legal clarity. XRPI's 94bps fee is in line with peers, but liquidity and spread risks impact returns for active traders. Given indirect exposure and alternative investment outlay for cryptocurrencies, I rate XRPI as a Hold for most investors. The Volatility Shares XRP ETF ( XRPI ) is a single-asset investment strategy designed to provide investors with 1x exposure to Ripple ( XRP-USD ) through the investment in CME XRP Futures. Those that are seeking to amplify XRP exposure can consider the Volatility Shares 2x XRP ETF ( XRPT ); however, I recommend reviewing the risks prior to making an investment decision. XRP Background XRP is one of the most heavily traded cryptocurrencies, with recent volumes being in the $11b per day range. XRP Ledger was launched in 2012 as an open-source, permissionless, and decentralized technology designed to enhance transaction speed. XRP has historically received substantial support across financial institutions, aiming to enhance efficiency, reduce transaction time, and offer an alternative for international payment services. XRP recently had a major win against a 2020 legal case by the SEC. At the time, the SEC accused Ripple of selling XRP as an unregistered security. In 2023, a federal judge ruled that XRP sold on public exchanges did not meet the definition of a security. On August 7, 2025, the lawsuit was abandoned with a $125mm fine to the SEC. In general, XRP can be viewed as one of the more viable cryptocurrencies on the market, as the token holds a direct purpose in relation to international banking. With the growing support across the banking and commerce sectors, XRP could potentially realize continued positive price returns going forward. In general, XRP's use across the banking and commerce sectors could create some price support for the cryptocurrency as XRP is utilized for interbank and international money transfers. That being said, the commercial use could potentially flatten growth for the cryptocurrency, as dependable pricing may be necessary for interbank utilization. Background of XRPI XRPI was launched by Volatility Shares on May 22, 2025, as a managed futures strategy designed to track the performance of XRP. Unlike many popular bitcoin ETFs like the iShares Bitcoin Trust ETF ( IBIT ), XRP does not directly hold XRP and solely transacts XRP futures positions. Because the strategy isn't designed to accelerate returns over XRP, XRPI shares may underperform the underlying asset when considering fees and other caveats on futures positions. This can be observed when comparing XRPI to XRP performance since the inception of XRPI. Since the strategy was launched, XRPI has underperformed XRP by roughly 7%. TradingView XRPI pays out a monthly distribution annualized at $0.15/share, yielding 0.7% on a forward basis. In general, XRPI should be used for price returns rather than income. Despite XRPI being a futures strategy, investors can consider the ETF for a longer-term approach to investing in XRP within a standard brokerage account. Seeking Alpha Comparing XRPI to other cryptocurrency ETFs, XRPI is relatively on par in terms of assets under management, liquidity, and fees. XRPI charges a 94bps management fee, in line with peer strategies. In terms of liquidity, XRPI has $165mm in assets under management with an average of 510k shares changing hands on a daily basis. Accordingly, XRPI exhibits some spread risk with the bid/ask spread sitting at 0.16%, effecting a trader's cost-in/cost-out. Risks to Consider for XRPI XRPI is a managed futures strategy and does not directly invest in XRP. This may add certain risks to portfolio liquidity and tracking error when comparing performance to the underlying asset. XRPI may also lose value over time as a result of transaction fees associated with managing futures exposure. Futures positions are settled on a daily basis, meaning that profits and losses determine margin requirements at the end of each trading day. Because of the daily reset, performance may vary when comparing XRPI to the underlying XRP. XRPI is not a diversified investment vehicle and solely invests in XRP futures with cash collateral making up the portfolio. This can create certain exposure risks and should be used by those seeking to actively manage portfolio risk. Though not 1:1, XRP is directionally correlated with bitcoin, offering some diversification in the asset class but not completely disassociated. This can raise certain risks during periods of market stress. TradingView Final Thoughts XRPI can provide indirect exposure to XRP as a managed futures strategy. In general, XRPI may underperform the underlying assets over time as a result of the revolving futures position and the lack of direct exposure to XRP. Given the general correlation to bitcoin, I believe investors must consider whether investing in XRP is appropriate for their alternative asset strategy, or if solely investing in bitcoin for cryptocurrency provides adequate exposure, particularly when considering the lower-cost spot bitcoin ETFs on the market. Given these factors, I am recommending XRPI with a Hold rating.
BitcoinWorld Whale Crypto Purchase: Strategic $84M Buy Signals Confidence in Market Dip The cryptocurrency market recently witnessed a remarkable event: a significant whale crypto purchase that has captured the attention of investors worldwide. During a period of market turbulence, a single, savvy investor executed a massive acquisition, injecting confidence into the digital asset space. This strategic move highlights the long-term conviction some major players hold, even when prices dip. Unpacking This Strategic Whale Crypto Purchase During a notable market downturn, a specific crypto address, identified as 0xd8d0, made headlines. This entity orchestrated an impressive whale crypto purchase , deploying a staggering $83.96 million in USDC. The funds were strategically allocated to acquire substantial amounts of both Ethereum (ETH) and Bitcoin (BTC). Ethereum Acquisition: The whale purchased 10,000 ETH, valued at approximately $43.43 million at the time of the transaction. Bitcoin Acquisition: Simultaneously, 350 BTC were acquired, representing about $40.53 million. These significant transactions were not executed on public exchanges but through over-the-counter (OTC) trades, as reported by blockchain analytics firm Lookonchain on X. OTC trades allow large-volume transactions to occur without directly impacting exchange order books, which helps prevent immediate price fluctuations. Why Do Whales Make Such Massive Buys During Dips? A “whale” in the crypto world refers to an individual or entity holding a very large amount of cryptocurrency, capable of influencing market movements. When the market experiences a “dip” – a significant price decline – it often presents an opportune moment for these large holders to accumulate more assets at lower prices. This particular whale crypto purchase exemplifies a classic “buy the dip” strategy. There are several compelling reasons behind such strategic accumulations: Long-Term Conviction: Whales often have a strong belief in the long-term value proposition of leading cryptocurrencies like Bitcoin and Ethereum. They view dips as temporary setbacks, not fundamental flaws. Accumulation Strategy: For many whales, market corrections are ideal times to increase their holdings without causing significant price volatility that would occur on open exchanges. OTC deals are perfect for this. Averaging Down: Buying during a dip can help reduce the average purchase price of their overall portfolio, enhancing potential future returns. This substantial whale crypto purchase suggests a deep understanding of market cycles and a patient, long-term investment horizon. What Does This Whale Crypto Purchase Signal for the Market? When a major player like address 0xd8d0 makes such a bold move, it sends a powerful signal across the entire crypto ecosystem. Firstly, it indicates a strong vote of confidence in the underlying assets, Bitcoin and Ethereum, despite recent price declines. This action can potentially alleviate some market fear and uncertainty. Moreover, large purchases during dips can sometimes act as a leading indicator, suggesting that the market might be approaching a bottom or that a significant reversal could be on the horizon. While one transaction does not guarantee a market turnaround, it often inspires smaller investors who look to whales for cues. However, it is crucial to remember that even whales can be wrong, and market dynamics are complex. The sheer scale of this whale crypto purchase also underscores the increasing institutional and high-net-worth individual participation in the crypto space, highlighting its growing maturity. Key Takeaways from This Significant Crypto Event This recent whale crypto purchase offers valuable lessons for all market participants. It reinforces the idea that volatility is inherent in cryptocurrency markets, but it also presents opportunities for those with a strategic outlook. While retail investors may not have $84 million to deploy, the principle of patient accumulation during downturns remains relevant. Consider these actionable insights: Long-Term Vision: Focus on the long-term potential of robust projects rather than short-term price swings. Risk Management: Only invest what you can afford to lose. Do Your Own Research (DYOR): Always understand the assets you are investing in. Avoid FOMO/FUD: Do not let Fear Of Missing Out (FOMO) or Fear, Uncertainty, and Doubt (FUD) dictate your investment decisions. Ultimately, this significant acquisition by a crypto whale serves as a reminder that conviction and a well-thought-out strategy can be key differentiators in navigating the dynamic world of digital assets. This recent whale crypto purchase of $84 million in ETH and BTC during a market dip by address 0xd8d0 truly underscores the strategic confidence of major players in the long-term value of leading cryptocurrencies. It offers a fascinating glimpse into how significant capital moves in the digital asset space, potentially influencing market sentiment and providing valuable insights for all investors. Frequently Asked Questions (FAQs) Q1: What is a crypto whale? A crypto whale is an individual or entity that holds a very large amount of a particular cryptocurrency. Their significant holdings mean their transactions, like buying or selling, can potentially influence market prices. Q2: Why did the whale use Over-the-Counter (OTC) trades? Whales often use OTC trades for large transactions to avoid significant price slippage on public exchanges. OTC deals allow them to buy or sell large volumes without directly impacting the order book, ensuring they get a better, more stable price and maintain discretion. Q3: What does “buying the dip” mean in cryptocurrency? “Buying the dip” refers to the strategy of purchasing an asset after its price has dropped significantly. The idea is that the dip is temporary, and the asset’s value will recover, leading to profits. This strategy is often employed by investors with a long-term outlook. Q4: Does a whale’s large purchase guarantee a market recovery? While a large whale crypto purchase can signal confidence and potentially influence market sentiment positively, it does not guarantee a market recovery. Cryptocurrency markets are complex and influenced by numerous factors, including macroeconomic conditions, regulatory news, and broader investor sentiment. Always conduct your own research. Q5: How can I track crypto whale movements? Several blockchain analytics platforms and services, such as Lookonchain (mentioned in this article), Whale Alert, and others, track and report large cryptocurrency transactions from known whale addresses. These platforms provide insights into significant movements, though not all addresses are publicly identified. If you found this analysis of the recent whale crypto purchase insightful, consider sharing it with your network! Help us spread awareness about significant market events and foster informed discussions within the crypto community. Your shares make a difference! To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum and Bitcoin price action . This post Whale Crypto Purchase: Strategic $84M Buy Signals Confidence in Market Dip first appeared on BitcoinWorld and is written by Editorial Team
Norway’s Government Pension Fund Global increased its Bitcoin-related holdings by 83% in Q2 2025, primarily through MicroStrategy and Metaplanet equities, indicating a shift in institutional investor risk appetite. Significant 83%
Mobile technology has reached a point where almost anything can be managed from the palm of our hands, and LET Mining is taking this convenience into the world of cryptocurrency. They have developed a groundbreaking mobile cloud mining service, allowing users to engage in crypto mining activities directly from their smartphones. With no need for complicated setups or expensive hardware, LET Mining offers a straightforward path to cryptocurrency earning by simplifying the process to just a few taps on your phone. This approach not only democratizes the mining process but also integrates eco-friendly practices by using global green energy sources. How LET Mining Works Users can start with LET Mining by first registering on their mobile-friendly website. After signing up, they can select from various mining contracts tailored to different budget levels and earning expectations. Here's a brief overview of the journey: 1. Signing Up: Register easily on your mobile device through LET Mining's registration page and earn a welcome bonus. 2. Selecting a Contract: Choose a plan that suits your financial goals. Contracts range from short term for beginners to more extensive plans offering higher returns. 3. Earning Profits: Activate your chosen contract, and the system manages the mining operations, ensuring daily profits are directly transferred to your account. Explore detailed contract options here and start your investment. Why Opt for LET Mining? LET Mining is not just about easy access and user-friendliness. It is also about maximizing returns with minimal input: Multi-currency Support: From Bitcoin to Ethereum, choose to mine various cryptocurrencies. Daily Settlements: Enjoy the convenience of daily income withdrawals or reinvestments. No Technical Skills Needed: The platform's user interface is designed for all, regardless of their tech background. Global Reach: With 83 data centers worldwide, reliability is a given. Technological Edge of LET Mining LET Mining excels not only in user experience but also in technological advancements: Innovative mobile mining algorithms Patented power efficiency enhancements An intelligent system for maximizing profitability In addition, security is top-notch with enterprise-grade encryption, robust asset protection, and constant monitoring. Visit LET Mining's official website for more information or address any inquiries to their dedicated support at info@letmining.com. Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
On August 18th, COINOTAG News reported significant activities in the crypto market, specifically involving a notable **whale** transaction. According to data from **LookIntoChain**, this market participant invested a staggering **83.96
BitcoinWorld Resilient South Korean Investors Unfazed by 2027 Crypto Tax The dynamic world of cryptocurrency often sees rapid shifts in sentiment and strategy. A recent deep dive into the habits of South Korean investors reveals fascinating insights, particularly concerning their resilience and strategic planning in the face of upcoming regulatory changes. Decoding Market Sentiments Among South Korean Investors A comprehensive survey, conducted by Bitcoin World and Cratos between August 11 and 15, meticulously tracked weekly trends among South Korean investors . This crucial survey paints a clear and current picture of their collective outlook on the evolving digital asset market. The optimism surrounding Bitcoin (BTC) appears to be on a steady rise, indicating a positive sentiment shift: 53.2% of respondents confidently anticipate Bitcoin’s value to increase or significantly jump this week. This marks a notable rise from 47.8% recorded in the previous week, suggesting growing confidence. 24.8% predict a stable market environment, which represents a slight decrease from 30% previously. This shift indicates fewer expecting stagnation. 22% foresee a decline or sharp drop in value, showing very little change from the 22.2% reported earlier. This consistency suggests a core group remains cautious. Beyond specific price predictions, the overall market sentiment among South Korean investors also leans distinctly positive. A significant 51.2% expressed optimism or even extreme optimism regarding the market’s future. Another 30% maintained a neutral stance, while only 18.8% indicated feelings of fear or extreme fear. These compelling figures collectively suggest a prevailing confidence and a relatively low level of apprehension among these key participants, despite the inherent volatility of the crypto space. The 2027 Crypto Tax: How Are South Korean Investors Reacting? South Korea’s government plans to initiate taxation on digital assets starting in 2027, representing a significant upcoming regulatory shift. The survey specifically probed how South Korean investors are preparing for this change, revealing a diverse yet remarkably resilient set of responses: A substantial 37.4% of respondents firmly stated they would continue investing as usual, demonstrating an unwavering commitment to the crypto market regardless of the tax. This group views crypto as a long-term play. About 33.6% indicated they might scale back their investments. This segment is likely evaluating the profitability margins post-taxation. 19.7% remain undecided about their future investment strategy, highlighting a significant portion still weighing their options. Only a small minority, 9.3% , suggested they would consider leaving the crypto market entirely. This detailed breakdown highlights a remarkable level of steadfastness and long-term vision among a large segment of South Korean investors , even with the looming tax implications. Their willingness to persist underscores a deep-seated belief in the asset class. What This Means for the South Korean Crypto Landscape The survey results offer crucial and compelling insights into the evolving landscape of digital asset adoption and investor behavior in South Korea. The fact that a substantial portion of South Korean investors intends to maintain or even adjust minimally to the upcoming crypto tax suggests a maturing and robust market. For many, cryptocurrency is clearly not merely a fleeting trend but rather a foundational element of their long-term financial strategy. This pronounced resilience could be a testament to a deeper, more sophisticated understanding of the market’s inherent potential, or perhaps a strong conviction that the long-term gains will comfortably outweigh any new tax burden. Furthermore, the overall optimistic sentiment about Bitcoin’s price reinforces a positive outlook among these investors, potentially signaling continued growth, innovation, and broader adoption within the region. Understanding these powerful trends is absolutely vital for anyone looking to accurately gauge the future trajectory of digital assets, particularly in a key Asian market like South Korea. Conclusion: The latest survey paints a compelling picture of confidence and remarkable resilience among South Korean investors . Despite impending tax changes and market volatility, a significant majority plans to continue their active engagement with digital assets, underscoring a robust and unwavering belief in the future of cryptocurrencies. This steadfastness, coupled with a generally optimistic market outlook, strongly suggests a vibrant, maturing, and increasingly resilient crypto ecosystem in South Korea. Frequently Asked Questions (FAQs) Q1: When will South Korea begin taxing digital assets? A1: South Korea plans to initiate taxation on digital assets starting in 2027. Q2: How many South Korean investors plan to continue investing despite the tax? A2: According to the survey, 37.4% of respondents said they would continue investing as usual despite the upcoming crypto tax. Q3: What is the current market sentiment among South Korean crypto investors? A3: The survey found that 51.2% of respondents expressed optimism or extreme optimism regarding the overall market sentiment. Q4: Which organizations conducted the survey on South Korean investors? A4: The survey tracking weekly trends among South Korean cryptocurrency investors was conducted by Bitcoin World and Cratos. Q5: What percentage of investors expect Bitcoin’s value to increase? A5: 53.2% of respondents expect Bitcoin’s (BTC) value to increase or significantly jump. Did this article provide valuable insights into the resilience of South Korean crypto investors? Share your thoughts and spread the word! Follow us on social media and share this article with your network to keep the conversation going about the future of digital assets. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin’s institutional adoption. This post Resilient South Korean Investors Unfazed by 2027 Crypto Tax first appeared on BitcoinWorld and is written by Editorial Team
The Qubic community overwhelmingly chose the meme coin over Kaspa and Zcash. The Monero incident shed some light on the vulnerability of proof-of-work networks to concentrated hashrate attacks, and started debate about decentralization after Kraken temporarily halted deposits. Targeting Dogecoin, with its $33 billion market cap and mainstream visibility, could have far-reaching consequences for the perception of blockchain resilience. Meanwhile, the US Justice Department seized $2.8 million in crypto and other assets tied to ransomware operator Ianis Aleksandrovich Antropenko, which added to the government’s growing crypto stockpile. Dogecoin in the Crosshairs The Qubic community, the AI-focused blockchain project that shocked the crypto industry with its recent 51% attack on Monero, now voted to target Dogecoin (DOGE) as its next network. Sergey Ivancheglo, the project’s founder known online as Come-from-Beyond, asked the community to choose which proof-of-work blockchain to target, and listed Dogecoin, Kaspa, and Zcash as options. According to Ivancheglo’s announcement on X , Dogecoin was the clear choice after securing more than 300 votes—more than the other two networks combined. Qubic’s move into majority control of Monero last week sent ripples across the digital asset space, as it proved the real-world vulnerability of proof-of-work blockchains to concentrated hashrate attacks. By amassing majority computing power, Qubic’s mining pool reorganized six blocks on Monero’s network after a month-long struggle with existing miners. The attack did not alter Monero’s fundamental privacy or usability, but it raised immediate concerns about the security of one of crypto’s most resilient privacy-focused blockchains. Announcement from Qubic The Qubic team explained that its end goal is to have Monero’s network security fully backed by its own miners. This leaves some serious open questions about decentralization and control in the long term. At the time of the Monero takeover, Qubic’s mining pool commanded around 2.32 gigahashes per second in computing power, according to MiningPoolStats . This level of dominance allowed the successful 51% attack, which was something long feared in the industry but rarely executed against a major network. The fallout was very quick. Crypto exchange Kraken temporarily halted Monero deposits due to risks to the network’s integrity. Withdrawals and trading, however, remained active, and the exchange promised to resume deposits once it deemed the network safe again. Announcement from Kraken Dogecoin has a $33 billion market cap with deep cultural roots and widespread adoption. With it being marked as the next target, the implications are even bigger. Unlike Monero, Dogecoin became a household name, backed by celebrity endorsements and mainstream awareness. If Qubic follows through, it could set a precedent that puts the security of other large proof-of-work blockchains into question. US Seizes $2.8M Crypto The US is also fighting for crypto control, but in this case from a ransomware operator. The US Justice Department seized more than $2.8 million in cryptocurrency, alongside cash and luxury assets, in a criminal case tied to an alleged ransomware operator. Press release from the US DOJ In a Thursday announcement , the department said that six warrants were unsealed authorizing the seizure of funds from a wallet controlled by Ianis Aleksandrovich Antropenko. Authorities also seized $70,000 in cash and a high-end vehicle. Antropenko faces charges of conspiring to commit computer fraud, computer fraud and abuse, and conspiracy to commit money laundering. According to the Justice Department, the seized funds were tied to ransomware operations and laundered through services like ChipMixer, a mixing platform that was shut down in 2023 during a multinational enforcement action. Investigators said Antropenko also funneled illicit crypto into cash through structured deposits that were designed to avoid detection. This is the latest US crackdown on ransomware-linked assets and aligns with government efforts to improve its crypto reserves after President Donald Trump’s March executive order establishing a national crypto stockpile. Earlier this week, officials revealed they confiscated about $1 million from the ransomware group BlackSuit and were looking to claim $2.4 million in Bitcoin seized by the Dallas FBI in April. The seizures have added momentum to discussions about how much Bitcoin the US government currently controls. Treasury Secretary Scott Bessent recently clarified that while the government is not planning to buy Bitcoin outright, it is exploring “budget-neutral pathways” to increase its holdings. Scott Bassent interview (Source: Fox Business ) Assets that are seized in criminal cases, once victims are compensated, have become the main source of the federal Bitcoin stockpile. As of Thursday, this trove was estimated at about 198,012 BTC, which is worth more than $23 billion at current prices . Despite the volatile market, these holdings position the United States as one of the largest single Bitcoin holders globally. This proves just how enforcement actions are becoming a strategic channel for crypto accumulation in many countries.
Capital B has raised $2.6 million to enhance its Bitcoin holdings, reflecting a significant shift in corporate treasury strategies towards digital assets. Capital B secured $2.6 million for Bitcoin acquisition,