China, which has come to the fore with its harsh bans on Bitcoin (BTC) and cryptocurrencies, has issued a new warning. Accordingly, the Shenzhen government of China said in an official statement that cryptocurrencies and stablecoins have recently attracted widespread interest and warned investors against possible fraud cases. The Shenzhen Office of the Special Task Force for Prevention and Control of Illegal Financial Activities issued a warning titled “Beware of the Risks of Illegal Fundraising in the Name of Stablecoins and Other Instruments.” The statement noted that recently, stablecoins and cryptocurrencies have received widespread attention from the market and that they have been misused. The statement said that some illegal organizations are illegally raising funds using concepts such as stablecoins and digital assets and are engaged in illegal fundraising, fraud, money laundering and other illegal activities. At this point, officials advised the public to remain vigilant and informed about investment opportunities. Authorities finally reminded that the “Regulation on Preventing and Dealing with Illegal Fundraising” prohibits the state from collecting any kind of illegal funds. And he said people should report any schemes or incidents involving cryptocurrency to authorities if they hear about them. *This is not investment advice. Continue Reading: China Issues New Warning About Cryptocurrencies!
The crypto industry faced another turbulent first half of the year, with $2.24 billion lost to hacks between January and June 2025, according to the Finbold H1 2025 Cryptocurrency Report , citing data tracked by blockchain security firm SlowMist. The damage was driven by a handful of large-scale incidents, most notably the $1.5 billion Bybit wallet breach, which remains the largest crypto hack of the year so far. Other major losses included $230 million from a contract vulnerability at Cetus Protocol, a $100 million rug pull at LIBRA , and security flaws exploited at Nobitex ($90M) and UPCX ($70M). !function(e,n,i,s){var d="InfogramEmbeds";var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d].initialized)window[d].process&&window[d].process();else if(!e.getElementById(i)){var r=e.createElement(n);r.async=1,r.id=i,r.src=s,o.parentNode.insertBefore(r,o)}}(document,"script","infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js"); Interestingly, the bulk of the stolen funds were drained in Q1, which saw $1.77 billion in losses. By contrast, Q2 hack volume dropped significantly to $465 million, suggesting improved exchange-level security or attacker fatigue, though it may also reflect a lag in incident reporting. Bybit accounted for 85% of all Q1 losses In Q1 alone, the Bybit breach accounted for nearly 85% of losses. Additional incidents involved Infini, which lost $50 million due to a lack of strict access control, and contract exploits at Abracadabra Money ($13M) and zkLend ($9.6M). !function(e,n,i,s){var d="InfogramEmbeds";var o=e.getElementsByTagName(n)[0];if(window[d]&&window[d].initialized)window[d].process&&window[d].process();else if(!e.getElementById(i)){var r=e.createElement(n);r.async=1,r.id=i,r.src=s,o.parentNode.insertBefore(r,o)}}(document,"script","infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js"); While the Q2 slowdown offers some optimism, analysts warn the reprieve may be temporary. The crypto space continues to face systemic vulnerabilities, particularly in DeFi protocols and exchange custody, that leave billions at risk. The takeaway? Investors and platforms alike must stay vigilant. As the crypto economy matures, security is no longer a feature, it’s a prerequisite. The post $2.24 billion stolen in crypto hacks in H1 2025 – Finbold report appeared first on Finbold .
Bitcoin's price remains vulnerable amid global tensions, according to Capo of Crypto. Large discreet sales and lack of institutional support may trigger a sharp decline. Continue Reading: Crypto Analyst Warns Bitcoin Could Plunge to $70,000 The post Crypto Analyst Warns Bitcoin Could Plunge to $70,000 appeared first on COINTURK NEWS .
$100 million XPR changes unknown hands in surprising Ripple maneuver
There’s something poetic about watching a coin rise just as another stagnates. While XLM price forecasts continue to trickle in with cautious optimism, Bitcoin Solaris has stormed into the spotlight with an announcement that’s shaking the charts. Between a confirmed LBank exchange listing and a 72-hour rollback event that slices its price nearly in half, BTC-S isn’t just another altcoin. It’s a contender rewriting the rules of wealth creation in crypto, and it’s doing it with precision, speed, and style. Stellar Moves, But Not So Stellar Momentum To be fair, XLM still has its place in the ecosystem. Analysts project it may climb steadily, reaching $0.47 in 2025 and $1.61 by 2030. That’s not bad. It’s the kind of long-term pace that investors appreciate for stability, not fireworks. Stellar Lumens excels at cross-border payments and remains relevant in fintech discussions. But while it treads carefully toward the future, Bitcoin Solaris is already lighting the launchpad. The momentum shift is clear. XLM is following a roadmap. BTC-S is building its own highway. Bitcoin Solaris: High-Speed, Hands-Free, and Headed to LBank Bitcoin Solaris is what happens when crypto dreams finally meet practical tech. The project blends the security of Proof of Work with the scalability of Delegated Proof of Stake in a dual-layer structure that has already hit 10,000 transactions per second in testnet, with finality in just 2 seconds. And that’s just the beginning: It’s fully smart contract capable, ready for DeFi, enterprise, and beyond. The Solaris Nova App, through its exciting release, will allow users to mine directly from their smartphones. A validator rotation system improves decentralization and energy use without compromising on speed. Real-world use cases are already mapped across healthcare, logistics, IoT, and gaming. But what’s turning heads right now is the LBank listing and the shocking Rollback Event. Just as BTC-S approached $11 in its presale, the team announced a limited rollback, dropping the price to just $5 for 72 hours. In a market flooded with hype, this bold move cuts through the noise. It rewards early believers and opens the door for thousands more. You can check the latest performance and unlock mining rewards with the Bitcoin Solaris mining calculator . Why Everyone Is Talking About It Influencers and crypto communities aren’t just noticing Bitcoin Solaris, they’re dissecting it: A detailed breakdown by Token Empire outlines why this isn’t just another layer-one. Token Galaxy explains how the mobile-first experience may onboard millions. Crypto League highlights the technical edge and transparent development process. Combine that with a double audit from Cyberscope and Freshcoins , and you get one of the most well-reviewed ecosystems before launch. And the conversation is growing fast on Telegram and X , where new users are jumping in by the minute. BTC-S Slashes Its Price Back to $5 Phase 11 Just Flipped the Game Presale Madness and the $5 Reset Here’s where it gets wild. Bitcoin Solaris is currently in Phase 11 of its presale. The regular token price is $11, with a launch price locked at $20, representing a clean 150% potential upside. But for a very limited 72-hour window, buyers can grab tokens at just $5 during the rollback event. It’s a rare moment when timing and innovation intersect this perfectly. The presale itself has already: Raised more than $6.3 million. Onboarded over 13,900 unique participants. Become one of the fastest-selling and most anticipated presales in recent memory. To receive your tokens on launch day, Bitcoin Solaris recommends using Trust Wallet or Metamask for seamless delivery. These wallets are ideal for claiming your holdings, not for purchasing during the presale. Built to Scale, Designed for Impact BTC-S isn’t just offering short-term returns. The architecture is built for sustained use and developer-friendly growth. Cross-chain bridges are being built for Ethereum and Solana interoperability. The upcoming Solaris Nova App integrates mining with team tracking and real-time performance. Smart contracts are optimized for fast execution with lower energy costs. Validator selection is automated, improving decentralization without sacrificing throughput. According to the official Bitcoin Solaris roadmap , the project will continue evolving through 2025 and beyond, including plans for quantum-resistant upgrades, an enterprise onboarding wave, and global partnerships. Final Verdict While XLM holds its ground as a slow-burn utility token, Bitcoin Solaris is a launch-ready rocket. With a real product, a growing community, dual-consensus mechanics, and a price rollback event that seems custom-built for entry, BTC-S is making it incredibly hard to ignore. We’ve seen trends before. But this one is different. It’s fast, accessible, and purpose-driven. The LBank listing will be the spark. The 72-hour rollback may be the ignition. Don’t be the person watching the countdown after liftoff. For more information on Bitcoin Solaris: Website: https://www.bitcoinsolaris.com/ Telegram: https://t.me/Bitcoinsolaris X: https://x.com/BitcoinSolaris
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. While the crypto industry continues to chase the next great layer-1, modular marvel, or interoperability breakthrough, the real bottleneck to mass adoption isn’t technological; it’s more psychological, especially for the technophobic. Usability, not scalability, is what keeps billions of people on the sidelines. The average person doesn’t need a faster settlement layer; they need a better entry point, or rather, one that they find less challenging to navigate. You might also like: Crypto’s killer app is the first 60 seconds: Fix onboarding or forget adoption | Opinion The most overlooked driver of mainstream adoption is staring us in the face: fiat-to-crypto on-ramps. These humble connectors—payment gateways, crypto debit cards, native wallet integrations—may not dazzle like zero-knowledge rollups, but they’re doing more to bring the next billion users into web3 than most of the industry’s headline-grabbing innovations. It’s time we treated on-ramps not as back-end infrastructure, but as a strategic priority. Stop praising complexity and start fixing the front door Despite years of evangelism, using crypto is still a clunky, intimidating process for most people. It can still require understanding gas fees, storing seed phrases, and trusting platforms that barely explain themselves. Even buying a stablecoin can feel like a technical rite of passage. That friction is fatal. It prevents crypto from functioning as a usable financial layer for the world. What beginners need isn’t more DeFi protocols, it’s the ability to buy and use tokens as intuitively as swiping a credit card. That’s where on-ramps come in. These services convert hesitation into confidence. They take the abstract and intimidating idea of digital ownership and translate it into a familiar experience, whether through an embedded checkout, a debit card, or an app store interface. Good on-ramps are more than payment tools—they’re UX bridges Consider the user journey for someone trying to get started with a non-custodial wallet. For those avoiding centralized exchanges like Binance or Coinbase, the process can be frustratingly opaque. Wallets have long struggled to offer native ways for users to acquire crypto directly within their interfaces. This gap isn’t a minor inconvenience; it’s a dealbreaker for many first-time users. Payment gateways are now solving that. Embedded on-ramps allow users to convert fiat into crypto without switching apps or memorizing seed phrases, enabling a smoother, safer, and more accessible path to web3. This isn’t a small UX upgrade. It’s a strategic unlock for adoption. As Telegram surpassed a billion monthly active users, it quietly became more than a messaging app. It became a full-blown social-financial ecosystem. With Telegram Wallet, users have access to a custodial wallet with a built-in crypto on-ramp that feels no different than topping up a mobile balance. That’s what real adoption looks like: invisible, intuitive, and already embedded in behavior. The most important infrastructure isn’t the flashiest This year also saw traditional players like Mastercard deepen their presence in crypto. The launch of a Mastercard crypto debit card provides holders of cryptocurrency with a means of converting crypto into fiat to fund purchases that have all the consumer protections inherent in a traditional bank debit card. Crypto debit cards are now compatible with non-custodial hardware wallets like Ledger and tap-to-pay solutions like Apple Pay and Google Pay. Ledger’s partnerships and the rise of integrated wallet-payment ecosystems reflect a larger trend: simplifying access without sacrificing control. They’re not flashy. But they work. And they build trust in a way that whitepapers and Discord threads never could. Strategic partnerships, not speculation, will drive the next wave Wallets and payment providers aren’t rivals—they’re co-pilots. One brings users into crypto; the other helps them stay. The companies that will win the next phase of adoption aren’t the ones pushing the hardest tech, but the ones building frictionless, familiar experiences. The real question isn’t “how do we make crypto more powerful?” It’s: how do we make web3 feel as effortless as messaging and as secure as online banking? The next billion users won’t come because they’re excited about consensus mechanisms. They’ll come when apps they already use—Telegram, WhatsApp, TikTok, Amazon, Roblox—embed crypto tools so seamlessly that users don’t even realize they’ve crossed the on-ramp. It’s time to elevate usability to a first-class priority The crypto industry has spent a decade obsessing over decentralization, security, and programmability. That work isn’t over, but it’s not enough. If usability remains an afterthought, so too will adoption. On-ramps aren’t just infrastructure. They’re invitations. They’re how crypto goes from ideology to everyday utility. And if the industry wants to reach billions, it’s time we treat those entry points like the critical layer they truly are. Read more: The moment for mass adoption is here, and crypto’s still not ready | Opinion Author: Petr Kozyakov Petr Kozyakov is the co-founder and CEO of Mercuryo, a payments infrastructure platform. With over 10 years of experience in the payments industry, Petr is a tech leader who excels at strategic development and possesses an innate ability to see the big picture: the confluence of micro-trends that are mainstreaming the adoption of crypto payments.
TL;DR XRP’s Bollinger Bands have tightened to a level last witnessed eight months ago – a signal of incoming volatility that could lead to either a major breakout or a sharp correction. Many analysts on X remain optimistic on the asset, envisioning a rise to a new ATH in the near future. Is It Show Time Again? While Ripple’s cross-border token has been trading within the $2.15-$2.30 range over the past week, the technical analysis tool XRP Bollinger Bands suggests that the price may experience a major move in the short term. The X user STEPH IS CRYPTO observed that the bands of the indicator have squeezed to a condition last observed in November last year. The #XRP Bollinger Bands are extremely tight. BIG PUMP INCOMING! pic.twitter.com/btbtZkR8pb — STEPH IS CRYPTO (@Steph_iscrypto) July 6, 2025 Back then, the price of XRP was around $0.50, whereas in the following months, it skyrocketed by approximately 600% to reach almost $3.40. XRP currently trades at around $2.27, and an increase of that magnitude would result in a rally above $16. A Bollinger Band squeeze means that the token has experienced periods of minor turbulence over a certain period of time and is viewed as a factor that could precede a significant price pump (or a major correction). The tightening bands toward the end of last year may have played a role in XRP’s impressive performance, but it is worth noting that other elements also contributed. The presidential victory of Donald Trump in November and the enthusiasm surrounding his inauguration in January are among the main ones. Price Targets XRP is one of the most widely discussed digital assets in the cryptocurrency space, with many analysts leaning towards a bullish outlook. Earlier today (July 7), X user CRYPTOWZRD argued that the token has been in consolidation mode for the last 32 weeks and is now “gathering strength.” They believe that one more bullish weekly candle could spark a significant price surge. For their part, Captain Faibik claimed XRP is on the verge of its next bullish rally, setting a target of a new all-time high of $4.60. Those curious to explore additional predictions and check some of the asset’s key resistance levels, please take a look at our dedicated article here . The post Ripple (XRP) Exploded by 600% the Last Time This Happened: Details Inside appeared first on CryptoPotato .
A notable transaction on the XRP Ledger was reported by crypto enthusiast Captain Redbeard, who posted details of a significant XRP movement observed on July 5, 2025. In a tweet, Captain Redbeard described it as a “massive $XRP move,” emphasizing that 779,321.94 XRP was transferred from Coinbase to a private wallet. The tweet added, “Something BIG is brewing,” suggesting the size and timing of the transfer may indicate a larger strategy or event. According to the transaction record Captain Redbeard shared, the transfer occurred at 10:19:02 PM UTC on July 5, 2025. The funds originated from a Coinbase account and were sent to a private XRP Ledger wallet address identified as rLuvSFAfgVja7ZgEtoq1SwSt1xNGaztLZ. The transaction was recorded on ledger number 97,276,970 and confirmed successfully with a fee of 0.00002 XRP. The full amount delivered was precisely 779,321.940409 XRP, and it was marked as a “PAYMENT” transaction. MASSIVE $XRP MOVE 779,321 XRP just transferred from Coinbase to a private wallet! Something BIG is brewing! Follow @Roundtable321 thank me later pic.twitter.com/9q5ueuimAk — Captain Redbeard (@Brett_Crypto_X) July 6, 2025 At the time of writing, XRP is trading at approximately $2.20 per unit, according to data from CoinMarketCap. This places the value of the transferred amount at roughly $1,714,506. The scale of the transaction and the fact that it was sent from a major exchange to a private address caught the attention of market watchers and retail investors. Reactions from the XRP Community Captain Redbeard’s post prompted varied reactions from other users on the social media platform X. A user identified as Vic911crypto responded with a humorous remark, claiming responsibility for the transfer and writing, “That was me guys just got a new Tangem wallet and wanted to check it out. Nothing to see here my guys lol.” Another user, X Finance Bull, expressed a more serious view of the event, commenting, “That’s not retail. Someone’s gearing up for something major.” This interpretation reflects a belief held by some in the community that significant on-chain movements of this size often precede institutional activity , strategic accumulation, or preparation for participation in upcoming market developments. Broader Impact The XRP ecosystem has been under close observation amid ongoing regulatory developments and growing institutional interest. While no specific details have been confirmed regarding the motive behind this particular transaction, observers such as Captain Redbeard continue to track high-value transfers as potential indicators of market sentiment or preparation for significant announcements. At this stage, there has been no official statement from Coinbase, nor has the recipient of the funds been identified. However, the transparent nature of the XRP Ledger allows these transactions to be monitored and verified in real-time, offering the market insight into on-chain activity that may otherwise remain opaque. Captain Redbeard’s report underscores how such data continues to be a focal point for traders and analysts alike. 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 advised to conduct thorough 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. The post Massive Whale Just Moved 779,321 XRP from Coinbase. Here’s Where It Is Going appeared first on Times Tabloid .
Various government institutions in the United Arab Emirates have denied the existence of a golden visa program for cryptocurrency investors. The Virtual Assets Regulatory Authority emphasized that TON is not regulated in the country. UAE Government Denies Existence of Golden Visa Program for Digital Asset Investments The government of the United Arab Emirates (UAE) has
The goal of the registry is to help identify illegal operators evading taxes and misusing electricity. Spearheaded by the Ministry of Energy alongside the Federal Tax Service and the Ministry of Digital Development, the initiative follows reports that only 30% of miners have registered with authorities since crypto mining laws were introduced in late 2024. The registry supports enforcement in regions where mining is banned and complements proposed legislation to increase penalties for illegal mining operations. In the US, crypto taxation is also a hot topic. Bill Miller IV argues that Bitcoin should not be taxed like traditional assets due to its decentralized infrastructure, which he says eliminates the need for state-backed ownership enforcement. Senator Cynthia Lummis introduced a bill to modernize crypto tax rules, proposing exemptions for small transactions, staking rewards, and donations. Russia Moves to Regulate Crypto Mining Russia is ramping up its efforts to regulate its crypto mining sector by launching a national registry of crypto mining rigs. This move is spearheaded by the Russian Ministry of Energy in coordination with the Federal Tax Service and the Ministry of Digital Development, and its main goal is to identify and control illegal mining operations that evade taxes and exploit the power grid. According to state media RIA Novosti , the compiled registry has already been sent to regions experiencing heightened mining activity. The initiative follows concerns that were raised by Ivan Chebeskov, a Russian Finance Ministry official, who pointed out in June that only 30% of miners registered with the Federal Tax Service since the introduction of crypto mining laws in late 2024. Authorities are now working to integrate the remaining 70% of miners into the legal framework. (Source: TASS ) Deputy Energy Minister Petr Konyushenko believes that the registry is a crucial step toward legalizing the industry and applying appropriate regulation and taxation, as well as curbing illegal electricity consumption. Russia first announced plans to create the registry in February, especially to support enforcement in areas where crypto mining is banned. Since November, the country has been enforcing legislation that defines and regulates mining businesses , with a six-year ban imposed on mining activities in ten regions until March of 2031 to prevent blackouts. Additionally, the Ministry of Digital Development is drafting new legislation to increase fines for illegal mining operations tenfold—from 200,000 rubles to 2 million rubles, which is equivalent to about $25,500. Enforcement efforts have already resulted in the shutdown of several illicit mining farms, including one discovered in a garage in Bataysk and another that was concealed in a truck siphoning electricity from a remote village in the Pribaikalsky region. Bill Miller IV Says Bitcoin Shouldn’t Be Taxed While Russia is zeroing in on tax evaders, chief investment officer at Miller Value Partners Bill Miller IV believes governments have no rightful claim to tax Bitcoin. He argues that the digital asset operates independently of state infrastructure for managing property rights. On the Coin Stories podcast with Natalie Brunell, Miller said Bitcoin’s blockchain automates the enforcement of ownership, eliminating the need for the traditional administrative mechanisms that justify taxation in other asset classes like real estate. Miller explained that taxes on assets like property typically support systems that track and enforce ownership. In contrast, Bitcoin relies entirely on its decentralized ledger to record and verify transactions, meaning the government plays no role in maintaining or authenticating its ownership records. He said that since governments didn’t create Bitcoin and don’t secure its property rights, taxing it in the same manner as state-backed assets lacks justification. He also commented on the speculative idea that was floated earlier this year that capital gains taxes on certain US-based cryptocurrencies could be eliminated. This was reportedly proposed by Eric Trump. While Miller is very skeptical about whether such a policy will actually materialize, he pointed to the lack of a wash sale rule on Bitcoin as a unique and favorable aspect for investors. Bill Miller IV When asked about the possibility of Bitcoin being subjected to an annual property tax, similar to real estate, Miller said it’s uncertain but sees a strong case against it due to Bitcoin’s self-regulating nature. He also shed some light on the broader challenges asset managers face regarding Bitcoin investment by pointing to unresolved issues around taxation and how certain transactions can be classified as “bad income” under existing regulations. Miller concluded that the ongoing tax uncertainties prove just how early Bitcoin still is in its journey toward mainstream acceptance. Senator Lummis Pushes New Crypto Tax Relief Bill Meanwhile, US Senator Cynthia Lummis introduced a draft bill that is aimed at modernizing the country’s tax code to better accommodate digital assets, following the failure of crypto-related amendments to make it into the recent budget package. The bill proposes several changes, including a de minimis exemption that would allow people to exclude capital gains from taxation on digital asset transactions of $300 or less, with an annual cap of $5,000. Lummis’ crypto tax bill Lummis is a very vocal supporter of the crypto industry, and also proposed tax exemptions for crypto lending agreements and digital assets donated to charity. In addition, the legislation would defer taxation on mining and staking rewards until the assets are actually sold. This will greatly simplify tax compliance for those participating in blockchain consensus mechanisms. She described the bill as a common-sense approach that is designed to eliminate outdated bureaucracy and reduce the risk of inadvertent tax violations. It could also allow Americans to fully participate in the digital economy. The standalone bill represents Lummis’ renewed effort to push forward pro-crypto legislation after the latest federal spending bill passed without addressing digital assets. With this proposal, she plans to fulfill her commitment to the crypto community and correct what many see as a growing disconnect between outdated tax policies and changing blockchain technologies. The lack of clear tax guidelines has become a major source of frustration for US crypto investors, particularly regarding the treatment of decentralized finance protocols and non-custodial platforms. These platforms do not involve traditional intermediaries or centralized control, and pose unique challenges under existing tax frameworks. Lawmakers have responded by introducing amendments to other crypto-related bills, like the Digital Asset Market Clarity Act of 2025, to exempt developers of these protocols from being treated as money transmitters and subjected to extensive reporting obligations. While lawmakers work to finalize the federal spending bill, efforts are still underway to include meaningful crypto provisions before it reaches President Donald Trump’s desk. Lummis’ draft bill is now a central piece in the push to establish a fair and forward-thinking regulatory environment for digital assets in the United States.