“The first half of 2025 has delivered a stark reminder of the crypto ecosystem’s vulnerabilities,” according to the latest report by blockchain intelligence platform TRM Labs . It has surpassed the previous H1 crypto hacking record from 2022. To be precise, the first half of this year lost more than $2.1 billion across at least 75 distinct hacks and exploits, TRM says. This is “a significant surge in illicit activity,” it warned. It is some 10% higher than the H1 2022 high. Moreover, it’s nearly equal to the total stolen amount over the entire year of 2024. Therefore, this data “highlights an increasingly concentrated threat to digital assets.” Source: TRM Labs Furthermore, two factors fueled this amount: infrastructure attacks and state-sponsored activity. Notably, the infamous Bybit attack alone accounted for nearly 70% of the above total. Therefore, February saw the biggest hack in the history of crypto, with $1.46 billion gone. Moreover, because of this one hack, the average hack size grew to nearly $30 million. This is double the USD 15 million average in the first quarter of 2024. The report notes that the Bybit hack “massively skewed” the H1 2025 total, but that January, April, May, and June saw total thefts in excess of $100 million. This suggests “a broad, persistent threat.” Therefore, based on these findings, “H1 2025 marks a pivotal shift in crypto hacking: escalating strategic intent from state actors and other geopolitically motivated groups,” TRM Labs says. “Massive breaches, often linked to nation-state operations, now demand more than traditional cybersecurity.” You may also like: Ex-Employee Hacks Bedrock UniBTC for $2M: Fuzzland Uncovers Insider Exploit Fuzzland has disclosed a $2 million insider attack that targeted Bedrock’s UniBTC protocol in September 2024, was carried out by a former employee who used malware, social engineering, and privileged access to compromise internal systems.Fuzzland has taken full responsibility for the breach and reimbursed all affected parties.Insider Access Used in $2M Bedrock Protocol ExploitFuzzland, in a post on X, revealed that a past employee exploited the UniBTC protocol via a sophisticated... Infrastructure Attacks Dominated the Crypto Hacking Landscape The report notes that infrastructure attacks – which seek to gain unauthorized control, mislead users, or reroute assets, and are often boosted by social engineering or insider access – accounted for over 80% of stolen funds in H1 2025. These include private key and seed phrase thefts, as well as front-end compromises. Moreover, infrastructure attacks were, on average, ten times larger than other attack types. Next, protocol exploits, including flash loan and reentrancy attacks, accounted for 12%. These attacks target vulnerabilities in a blockchain’s smart contracts or core logic to steal funds or disrupt system behavior. They also show “persistent vulnerabilities in DeFi smart contracts.” Meanwhile, the analysts also highlighted “the persistent and alarming role of state-sponsored crypto attacks.” Some of the most dangerous are North Korea-linked groups, such as the notorious Lazarus , which were also behind the Bybit incident. These groups are responsible for $1.6 billion, or some 70%, of the total stolen amount in H1 2025. TRM Labs describes them as “the most prolific nation-state threat actor in the crypto space.” North Korea is leveraging illicit crypto gains not only to evade sanctions, but also “as an integral component of its statecraft.” Israeli authorities have arrested three citizens accused of spying for Iran—allegedly paid in #crypto —just days after the $90 million Nobitex hack. TRM Labs explores how these events highlight states’ evolving use of digital assets in covert operations: https://t.co/Gy5BinJTEe pic.twitter.com/PyT1FCrOt4 — TRM Labs (@trmlabs) June 25, 2025 However, there are other significant threats, such as the Israel-linked group Gonjeshke Darande (aka Predatory Sparrow). This one hacked Iran’s largest crypto exchange, Nobitex , on 18 June, stealing $90 million. Not only that, but the group released the platform’s full source code , exposing users to further risk. This attack suggests “other state actors may increasingly leverage crypto hacks for geopolitical ends,” TRM Labs says. The attackers transferred stolen funds to deliberately unspendable vanity addresses, suggesting political motives. “As digital assets increasingly intertwine with national security, so too will the sophistication and geopolitical motives of their exploiters,” the report warns. TRM concludes that “the path forward requires multifaceted collaboration.” This includes better cooperation among global law enforcement, financial intelligence units, and specialized blockchain intelligence firms. You may also like: CoinMarketCap Hacked, Scrambles to Remove Malicious Wallet Verification Popup CoinMarketCap was hacked on Friday after a malicious popup appeared on its website, urging users to "verify" their wallets.The phishing-style notification asked users to connect their wallets and approve ERC-20 token access, raising immediate red flags across the crypto community.Wallet providers like MetaMask and Phantom quickly flagged the site as unsafe, with Phantom displaying a browser warning against using the platform.CoinMarketCap Removes Malicious PopupIn a Friday... The post H1 2025 ‘Marks a Pivotal Shift in Crypto Hacking’ – TRM Labs Report appeared first on Cryptonews .
Ethereum (ETH) founder Vitalik Buterin, one of the most important names in the cryptocurrency industry, receives gift altcoins from many projects. Buterin states that all altcoins sent to his wallet by altcoin teams are donated to charity each time. At this point, Buterin made a new sale on one of the memecoins he received as a gift. Buterin, who previously sold on the memecoin called LEDOG (DOG), sold two trillion DOG tokens today and converted them to Ethereum. While investors closely follow the movements of a prominent name like Vitalik Buterin, such as token sales, it is known that such large sales transactions usually bring high volatility and panic selling. Because investors are concerned about the impact on the market of large token sales made by people like Buterin. However, although Buterin's latest sale poses a risk of decline for DOG, it may not mean a definite collapse. The community's reaction from now on is important. At this point, experts estimate that the DOG price will depend on how much the community can support liquidity and prevent panic. In addition, a sudden increase in Ethereum's hourly trading volume was observed at the moment Buterin made a sale. Although the DOG sale only brought 4.4 ETH, ETH's hourly trading volume skyrocketed immediately after the DOG-ETH swap. Finally, it should be noted that given Buterin’s history of quickly redistributing or selling such assets, there is a high probability that the purchased ETH will re-enter the market in the short term. *This is not investment advice. Continue Reading: Ethereum (ETH) Founder Vitalik Buterin Sold 2 Trillion Memecoins! Created Panic in the Market!
Alex Chriss admits there's “no real incentive” for consumers to use stablecoins yet.
A bold declaration by market commentator X Finance Bull has reignited excitement in the XRP community: “They said XRP would never hit $2 again. Now it’s here. $10 will melt resistance. $100 will melt faces. ” As XRP continues to consolidate around the $2 mark for several weeks, investors are weighing whether a major breakout is imminent and just how far it could go once momentum returns. XRP Consolidates Above $2 Amid Ongoing Legal Drama As of report time, XRP is trading around $2.09, fluctuating between $2.08 and $2.15. While this may seem unremarkable on the surface, the significance lies in the stability. XRP has maintained its position above $2 for several weeks, despite regulatory noise and broader market volatility, a sign of underlying strength and growing investor conviction. This consolidation follows recent legal developments. On June 26, Judge Analisa Torres denied Ripple and the SEC’s joint request to reduce Ripple’s penalty to $50 million and lift the permanent injunction against institutional XRP sales. While the ruling temporarily shook confidence, XRP quickly recovered, maintaining its tight range near $2, indicating that market participants are largely forward-looking, focusing more on fundamentals than court proceedings. Meanwhile, whale accumulation continues. More than 2,850 wallets now hold over 1 million XRP, and futures open interest remains robust. These indicators reflect sustained institutional interest and a bullish long-term outlook. They said $XRP would never hit $2 again. Now it’s here. $10 will melt resistance. $100 will melt faces. What happens when the switch really flips? — X Finance Bull (@Xfinancebull) June 27, 2025 Why $10 Is the Real Battlefield The idea of XRP reaching $10 has long been treated as speculative, but the path is becoming clearer. Technical analysts highlight strong support near $1.90 and resistance near $2.30–$2.70. A clean break above that zone could trigger a sharp leg upward into the $3–$4 range, levels not seen since XRP’s 2018 peak. Fundamentally, Ripple is building significant momentum. Institutional partnerships, such as the recent integration with Hidden Road, ongoing upgrades to the XRP Ledger, the launch of the RLUSD stablecoin, and the addition of CME-listed XRP futures all point to broader utility and market maturity. These developments suggest that XRP is evolving beyond its remittance roots into a core liquidity and settlement asset for tokenized finance. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 X Finance Bull’s statement that “$10 will melt resistance” captures this moment. Crossing that psychological barrier would likely mark a cascading breakout, fueled by renewed retail interest, short liquidations, and institutional FOMO. The $100 Vision, More Than Just Hype? While $100 may sound like wishful thinking, it’s a projection rooted in possibility. If XRP becomes a global bridge asset for central bank digital currencies, real-world asset tokenization, and cross-border settlement rails, the upside potential becomes exponential. That would require regulatory clarity, mass-scale adoption, and deep integration into institutional infrastructure, but with Ripple continuing to push in those directions, the vision isn’t entirely implausible. XRP’s prolonged consolidation around $2 is more than just market inertia; it’s pressure building. With technical setups pointing to an imminent move and fundamentals stronger than ever, the road to $10 may be closer than skeptics believe. If the momentum builds and the “switch” really flips, XRP could not only shatter resistance but it could redefine market expectations altogether. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Pundit: XRP at $10 Will Melt Resistance, $100 Will Melt Faces appeared first on Times Tabloid .
Bitcoin held steady Friday as traders braced for a potential shake-up at the Federal Reserve. United States President Donald Trump is reportedly preparing to replace Fed Chair Jerome Powell, a move that could shift the central bank’s approach to interest rates and market liquidity. The Dow Jones climbed more than 300 points midweek, and the ripple reached the crypto market too—Bitcoin nudged higher to around 106,950 before easing slightly. Related Reading: Double Win: Dogwifhat Jumps 24% Alongside Bitcoin’s $107K Push Markets are reading this as a signal. If Powell is pushed out in favor of someone more open to cutting rates, risk assets like Bitcoin and Ethereum could benefit. The US dollar slipped to a three-year low, and bond yields retreated, adding to the sense that easier money may be coming. For crypto investors, this is a setup worth watching. The #USD fell to a three-year low on intensifying speculation that President Trump could soon nominate a new Fed Chair to replace Powell after his term ends next May, a development that could render him a lame duck writes @johnjhardy in today’s #forex update.… — Ole S Hansen (@Ole_S_Hansen) June 26, 2025 Trump Moves Toward Possible Fed Overhaul Reports from multiple outlets say Trump is seriously considering replacing Powell before his term ends in 2026. Though no official announcement has been made, sources suggest Trump has discussed potential successors with advisors. His criticism of Powell’s policies isn’t new, but the recent rise in inflation concerns and election-year pressure may be accelerating the timeline. The market response was immediate. Traders began to price in a more dovish Fed policy, which generally means lower interest rates and increased liquidity. That would be good news for crypto, which has languished under tighter monetary conditions throughout the last year. Bitcoin, which is often used as a hedge against fiat debasement, likes to rally when the dollar declines and rates come down. Bitcoin Price Reacts With Caution Bitcoin was trading at 106,950 Friday, with a daily high of 107,250 and a low of 106,145. It wasn’t a breakout, but it was a clear sign of rising interest. Ethereum and other top coins saw similar quiet moves upward. Traders are treading carefully, knowing that talk of replacing the Fed chair is one thing, but actually doing it is another. Stocks Lead The Way, Crypto Follows The bullish mood started with equities. The Dow surged more than 300 points, while the S&P 500 and Nasdaq also closed higher. Tech stocks led the rally, pushed by falling Treasury yields and hopes that rate hikes are off the table for now. That optimism spilled into crypto markets, where risk sentiment plays a big role. Related Reading: TRUMP Token In Trouble? Over $4 Million Liquidity Exit Sparks Crash Fears Crypto Market Eyes Washington There’s still a lot of uncertainty. Powell is in office, and no formal replacement has been named. But the fact that President Trump is entertaining the idea is already moving markets. Crypto investors are especially sensitive to changes in the macro outlook, and this could be a key one. Featured image from Saul Loeb/AFP/Getty Images, chart from TradingView
Dogecoin is back in the spotlight as it forms a significant price pattern, hinting at a possible massive surge. Analysts suggest this could lead to a remarkable rally, capturing the excitement of investors. This anticipated move might push Dogecoin to heights unseen, igniting interest across the crypto community as market dynamics shift. Amidst the excitement surrounding Dogecoin, other meme coins like Codename:Pepe crypto are gaining attention. Promising advanced profits through genuine AI analysis, this project seeks to stand out by offering real utility and exclusive trading insights. As new players enter the field, the crypto landscape seems poised for thrilling shifts, with opportunities unfolding for savvy investors. Codename:Pepe Merges AI Functionality with Viral Meme Coin Appeal Codename:Pepe is a new cryptocurrency project that combines AI-driven functionality with the viral appeal of meme coins, two of the most prominent trends today. Interest in AI-driven crypto projects has skyrocketed, with blockchain-based AI solutions gaining more attention from investors. But not all AI tokens are created equal—many simply use "AI" as a marketing buzzword without offering real value. Where Codename:Pepe Fits in the Crypto-AI Boom In contrast, Codename:Pepe aims to blend AI innovation with blockchain utility, while also calling out projects that fail to live up to their AI claims. This approach helps Codename:Pepe stand out in an increasingly crowded space. Codename:Pepe is designed to be an intelligent and adaptive platform. According to its developers, the project’s AI framework will be able to: Identify Emerging Meme Coins: By constantly monitoring social media and on-chain activity, Codename:Pepe spots early trends and high-potential tokens before they gain mainstream attention. Analyze Market Sentiment: AI-driven algorithms evaluate discussions, hype levels, and whale movements to determine which coins have the most momentum. Provide Actionable Trading Insights: Generates AI-backed forecasts, risk assessments, and early buy/sell signals to maximize trading efficiency. Optimize Auto-Trading Strategies: Uses real-time data to adjust automated trading strategies, ensuring adaptability in fast-moving market conditions. The development team behind Codename:Pepe is focused on expanding both AI capabilities and blockchain integration, ensuring the technology evolves alongside the crypto market. A Smart Presale Strategy for Early Investors Codename:Pepe has decided to go with a community-driven presale model, giving early supporters access to the project at the best prices. The presale has a structured, multi-stage approach, designed to reward early adopters with big discounts: At stage 1, the $AGNT token was offered at $0.003333333. It goes through 28 stages, and its price increases incrementally. Those who buy $AGNT earlier get a bigger discount. Secure Your Codename:Pepe ($AGNT) Token Before the Next Price Increase What Makes $AGNT a Compelling Investment Choice Codename:Pepe combines two of the most attractive elements in today’s crypto market: AI-driven innovation and meme coin virality. The project’s focus on real AI capabilities and community-driven growth positions it as a standout among new crypto launches. With a limited presale supply and increasing price tiers, $AGNT offers early investors the potential for significant returns as adoption grows. The Codename:Pepe Community is Growing – Join the Mission Now! Dogecoin: From Meme to Mainstream in the Crypto World Dogecoin began in 2013 as a playful take on cryptocurrencies, featuring the Shiba Inu from the "Doge" meme. Created by Billy Markus and Jackson Palmer, it was meant to be a fun alternative to Bitcoin. Surprisingly, it gained a devoted community and widespread fame. Using the Scrypt algorithm with no supply cap, Dogecoin allows unlimited coin creation. Its faster block time than Bitcoin results in quicker transaction confirmations, making it ideal for small transactions and online tipping. This technology supports its efficiency and accessibility. Currently, Dogecoin remains attractive due to strong community support and celebrity endorsements, notably from Elon Musk. Despite competition from other cryptocurrencies, its enthusiastic following keeps it prominent in the crypto world. Its friendly image continues to appeal to a broad audience. Dogecoin's price history is marked by volatility. It soared to all-time highs in 2021 amid social media buzz but also faced sharp declines. Its price movements often align with overall crypto market trends and public sentiment, reflecting its unpredictable nature. Long-term predictions vary. Some forecasts suggest growth; others point to continued volatility. For instance, CoinCodex projected significant price increases by 2030. As always, investors should conduct thorough research due to market uncertainties. Conclusion While Dogecoin's recent pattern indicates the possibility of a significant breakout, its short-term potential may be limited compared to innovative projects entering the market. Established coins like DOGE might not offer immediate substantial gains as they face increasing competition from new tokens leveraging advanced technologies. One such promising project is Codename:Pepe crypto, which introduces genuine artificial intelligence to maximize profits in the meme coin arena. This token provides AI-powered trading signals and fully automated trading capabilities, helping investors capitalize on market trends before they become widespread. By holding Codename:Pepe crypto, investors gain access to an exclusive DAO membership, insider analytics, and staking rewards. With a capped supply and community-driven approach, Codename:Pepe crypto positions itself as a compelling option for those seeking significant returns in the current bull run. Find out more about Codename:Pepe crypto here: Codename:Pepe ($AGNT) Website Codename:Pepe ($AGNT) Telegram Codename:Pepe ($AGNT) Twitter/X Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
A Moscow court has sentenced a Russian woman, Valeria Fedyakina, to seven years in a penal colony for running a crypto scam that defrauded victims of $23 million worth of Bitcoin in just two months. Fedyakina, who reportedly branded herself as a cryptocurrency expert, orchestrated what prosecutors described as a pyramid scheme targeting investors in 2023. She was accused of promising quick returns through digital asset deals while ultimately draining clients’ funds. Moscow Court Sentences ‘Bitmama’ to 7 Years Over $23M Bitcoin Scam The scam involved at least four known victims and totaled around 2.2 billion rubles, approximately £17 million at the time, according to The Telegraph . Fedyakina reportedly told her clients that their money would be converted to cryptocurrency in Dubai, helping them avoid Russian sanctions. In return, she offered a 1% bonus on the transferred funds. But investigators say the promised returns never materialized. Instead, the funds disappeared soon after the transfers. A spokesperson for Russia’s Investigative Committee said Fedyakina acted with intent to deceive. “Fedyakina had a criminal intent to steal money or cryptocurrency by deceiving an indefinite number of people,” the spokesperson said. “She did so under the guise of investing in her activities in the transportation and purchase and sale of oil, oil products, gold, and other minerals.” Russian media reports did not link the stolen funds to any specific international cause, but some sources outside the country claimed prosecutors believed some of the money may have been transferred to Ukraine. Those claims have not been independently verified, and Russian outlets reporting on the case made no mention of them. Fedyakina’s defense team denied the fraud charges. They insisted she supported Russia’s invasion of Ukraine and had expressed willingness to financially support the Russian military. She was arrested in 2023 while attempting to leave Russia for the United Arab Emirates. At the time of her detention, Fedyakina was six months pregnant. She later gave birth in a maternity hospital before being returned to custody. On June 24, the Presnensky District Court in Moscow delivered the final judgment. Despite her appeals, she was sentenced to seven years in prison and ordered to repay 2.2 billion rubles to her victims. Due to inflation, the compensation amount is now estimated at around £20 million. Fedyakina had marketed herself under the nickname “Bitmama,” claiming she ran global operations and could deliver massive returns in cryptocurrency. Prosecutors said it was all a front designed to lure in investors and steal their funds under the promise of sanctioned-proof crypto trading. The sentencing marks one of the largest crypto fraud cases in Russia in recent years and adds to growing scrutiny over unregulated crypto schemes in the country. Russia Intensifies Crypto Crackdown with Arrests, Seizures, and Hydra-Linked Investigations The sentencing of a so-called “crypto expert” and her mother in Moscow for a $23 million Bitcoin scam is just one piece of a much broader crackdown by Russian authorities on crypto-related crimes. In recent months, Russian law enforcement has intensified efforts to trace, seize, and prosecute crypto assets linked to illicit activity. On June 2, investigators confiscated $8.2 million worth of crypto from Dmitry Pavlov, a key figure in the now-defunct Hydra darknet market. Pavlov, who admitted to managing the platform’s servers, reportedly earned his crypto “salary and bonuses” for maintaining Hydra’s infrastructure. Prosecutors say he held the coins, anticipating price growth, rather than converting them to fiat. Hydra, once a dominant player on the darknet, is believed to have facilitated over $5 billion in crypto transactions before being dismantled . In December, a Moscow court sentenced 16 individuals involved in Hydra’s operations , with mastermind Stanislav Moiseev receiving a life sentence. Stanislav Moiseev, the mastermind behind the notorious online black market Hydra, has been handed a life sentence by a Russian court. #Hydra #Crypto https://t.co/9uuAfft63K — Cryptonews.com (@cryptonews) December 4, 2024 The crackdown has also extended to illegal crypto mining. On June 3, police in Amur Oblast seized ₽7 million (~$88K) in BTC from a former power company official who operated unauthorized mining rigs. Two weeks later, officials shut down a large-scale farm in Krasnoyarsk Krai , which earned over ₽4.6 million (~$58K) monthly by exploiting state-owned land. Together, the arrests, seizures, and undercover activity paint a stark picture of how deeply entangled crypto has become in Russia’s underground economy and how aggressively authorities are now moving against it. The post Moscow Court Jails ‘Crypto Expert’ and Mother for $23M Bitcoin Scam appeared first on Cryptonews .
OSL Group (HKEX: 00863) has formalized a strategic acquisition agreement with OSL BNXA Acquisition Inc. and Banxa, aiming to purchase all outstanding shares of Banxa, including those convertible from notes
Bitcoin roared back to life this week, climbing to $105,000 following a truce announcement by U.S. President Donald Trump on June 23 as crypto regulation efforts across the globe continue in full force. The digital asset briefly touched $106,000 before settling at its current level. As of this writing, BTC is trading at $105,064 — a welcome reprieve for investors who have weathered weeks of regulatory uncertainty and political tension. But it’s not just the price of Bitcoin making headlines this week. In Washington, lawmakers on both sides of the aisle are ramping up their efforts to bring clarity and oversight to the U.S. crypto sector, with several key developments pointing to a turning point in digital asset regulation. Lummis: Two Crypto Bills Must Pass in 2025 Senator Cynthia Lummis (R-WY), a longtime proponent of responsible crypto legislation, has renewed her call for decisive action in Congress. Speaking with CNBC’s Joe Kernen on Squawk Box this week, Lummis emphasized the importance of passing both the GENIUS Act — focused on digital asset developments and user safety — and the much-anticipated crypto market structure bill. Senator Cynthia Lummis spoke with CNBC on Wednesday about the importance of passing crypto legislation before the year's end. #CynthiaLummis #CryptoLegislation https://t.co/dhmb7SKv6J — Cryptonews.com (@cryptonews) June 25, 2025 “I’m not saying combine them, but they both need to pass this year,” Lummis asserted, stressing the urgent need for legal clarity around stablecoins. Her remarks come amid bipartisan deliberations over how to reconcile separate House and Senate proposals into a unified framework that can win cross-chamber support. GOP Lays Groundwork for Crypto Market Rules In a separate but closely related development, senior Senate Republicans unveiled a set of foundational principles for digital asset regulation. Spearheaded by Senator Tim Scott (R-SC) , the ranking member of the Senate Banking Committee, the new guidelines aim to establish regulatory clarity while protecting investors. Senate GOP has laid out crypto market structure principles, clarifying regulation and oversight for digital assets. #CryptoRegulation #USSenate https://t.co/4hKf2Ktbim — Cryptonews.com (@cryptonews) June 24, 2025 “These principles will serve as an important baseline for negotiations on this bill,” said Scott, who was joined by Senators Thom Tillis, Bill Hagerty, and Cynthia Lummis in crafting the proposal. The document marks one of the clearest signs yet that the Senate is ready to engage in meaningful dialogue with the House on comprehensive crypto legislation. The GOP principles are expected to influence the upcoming round of congressional negotiations and could shape the next wave of policy that governs everything from token classifications to consumer protections and compliance requirements for stablecoin issuers. COIN Act Targets Regulation of Politicians’ Crypto Profits Meanwhile, the intersection of politics and crypto has triggered a legislative response of its own. Senator Adam Schiff (D-CA) introduced the COIN Act (Curbing Officials’ Income and Nondisclosure), which would ban presidents and their immediate families from issuing, sponsoring, or endorsing digital assets, including meme coins, NFTs, and stablecoins. Senator @SenAdamSchiff has introduced legislation that would bar the president, vice president, and their family members from crypto. #Crypto #Trump https://t.co/9niXxDMAc0 — Cryptonews.com (@cryptonews) June 24, 2025 The bill — clearly aimed at potential conflicts of interest — also mandates disclosure of any digital asset transactions exceeding $1,000. Violators could face up to five years in prison and civil penalties equivalent to the profits earned. Schiff’s legislation comes amid growing concerns over President Trump’s expanding involvement in the digital asset space. Trump-Linked Crypto Firm Prepares Stablecoin Audit Those concerns are far from hypothetical. World Liberty Financial (WLFI), a cryptocurrency firm tied to Donald Trump, is stepping up efforts to bolster credibility. Co-founder Zak Folkman announced at the Permissionless conference in Brooklyn that the company is preparing to release a third-party audit of its stablecoin holdings, alongside a new mobile app launch. Trump-linked crypto firm World Liberty Financial plans to release a stablecoin audit and debut a new app soon, co-founder Zak Folkman confirmed Wednesday. #Trump #WLFI https://t.co/yVPQqslR4F — Cryptonews.com (@cryptonews) June 26, 2025 The audit, conducted by an independent accounting firm, is intended to boost transparency as WLFI faces mounting political and regulatory scrutiny. Folkman also hinted at upcoming changes to WLFI’s governance token, suggesting that enhanced token liquidity may be on the horizon. “I think everyone is going to be very, very happy,” he told the audience, stopping short of revealing concrete details. Trump Media Moves Ahead with $400M Buyback Rounding out the week’s Trump-crypto nexus, Trump Media & Technology Group Corp. — the parent company of Truth Social — announced a $400 million share buyback plan. The buyback, approved by the board of directors, is positioned as a move to return value to shareholders while retaining strategic flexibility. @TrumpMediaTech has unveiled a $400M stock buyback and maintains a $2.3B Bitcoin reserve. #TrumpMedia #Bitcoin https://t.co/oCc9eMHuSo — Cryptonews.com (@cryptonews) June 23, 2025 Also the company continues to guard a sizeable $2.3 billion Bitcoin treasury, showing the president’s growing entanglement with the digital asset world. “The Board took a vote of confidence in our company, our stock, and our strategic plans,” said Devin Nunes, CEO of Trump Media. Crypto Regulation To Face Crossroads Ahead Taken together, these developments show a pivotal moment for U.S. crypto regulation. From legislative momentum in Congress to headline-making moves by politically connected crypto firms, the digital asset landscape is rapidly evolving. While price action may grab the headlines, it’s the slow grind of regulatory clarity that will ultimately determine the shape and success of the U.S. crypto market. The post Weekly Crypto Regulation News Roundup: June 23-27, 2025 appeared first on Cryptonews .
Dogecoin finally outranks Ethereum and Solana in 12-month growth trend