Binance Wallet has officially launched the Metaplex (MPLX) trading competition on Binance Alpha, commencing on July 6, 2025, at 21:00 GMT+8 and concluding on July 20, 2025, at the same
Top AI agent AIXBT predicts XRP to get full US banking access and reveals actual playbook how to capitalize off it
How low does HYPE need to fall before bargain hunters step in again?
Ethereum co-founder Vitalik Buterin and researcher Toni Wahrstätter have introduced EIP-7983, proposing a transaction gas cap of 16.77 million to enhance Ethereum’s security and network stability. This new protocol-level limit
From billion-dollar Bitcoin movements to courtroom maneuvers and cross-border hacks, this week’s crypto headlines span the strange, the strategic, and the staggering. Dormant wallets from the Satoshi era suddenly sprang to life, Brazilian hackers used crypto to launder stolen bank funds, and FTX sought legal approval to distribute assets in restricted jurisdictions. Meanwhile, Robinhood and Deutsche Bank pushed deeper into blockchain development, Ripple secured a key payments partner, and Bitcoin treasury giants like Strategy and Metaplanet doubled down on accumulation. Here’s a roundup of the biggest developments shaking up the digital asset world this week. Satoshi-era Bitcoin wallets activate after 14 years Eight dormant wallets each transferred 10,000 Bitcoin ( BTC ) to new SegWit addresses Friday. This is one of the first movements of these funds since 2011 during Bitcoin’s “Satoshi era.” The transfers totaled approximately $8.5 billion worth of Bitcoin. Additionally, a suspicious transaction involving over 10,000 Bitcoin Cash ( BCH ) tokens was flagged before the massive Bitcoin movements began. Brazilian bank hack proceeds laundered through crypto ZachXBT, an on-chain analyst, claims that hackers who gained unauthorized access to the Central Bank of Brazil’s service provider have begun using cryptocurrencies to launder some of the $140 million they stole. The researcher disclosed on Friday that over-the-counter desks and cryptocurrency exchanges in Latin America have converted between $30 and $40 million of stolen cash into Bitcoin, Ethereum ( ETH ), and USDT. You might also like: Crypto VC funding: BitMine secures $250m, TWL Miner bags $95m FTX seeks approval for restricted jurisdiction distributions The FTX Recovery Trust submitted a motion requesting that the court grant permission to introduce new procedures for allocating creditor claims in restricted jurisdictions abroad. China, Russia, Ukraine, Pakistan, and Saudi Arabia are among the 49 foreign countries that the trust has recognized as possibly banned. DeFi Development Corp. expands Solana holdings The Solana treasury firm disclosed that it had purchased an additional 17,760 Solana ( SOL ) tokens. This brings the total holdings to 640,585 SOL. IMF rejects Pakistan’s Bitcoin mining subsidies The International Monetary Fund has declined Pakistan’s repeated proposals to provide subsidized electricity for Bitcoin mining and other energy-intensive industries. Secretary of Power Dr. Fakhray Alam Irfan stated on Thursday that the IMF expressed concerns about potential market distortions during a session of the Senate Standing Committee on Power. You might also like: NFT sales jump 10% to $136.5m, CryptoPunks shows 26% pop SEC pauses Grayscale fund conversion approval The Securities and Exchange Commission suspended the conversion of Grayscale Digital Large Cap Fund LLC just one day after agency staff initially approved the fund for trading. In a letter to the New York Stock Exchange, SEC Deputy Secretary J. Matthew DeLesDernier indicated the commission would review the Division of Trading and Markets’ approval. Ripple partners with OpenPayd The blockchain payments company has teamed with London-based fintech firm OpenPayd to develop stablecoin and payments infrastructure for businesses. The partnership announcement coincides with Ripple’s application for a national banking license at the Office of the Comptroller of the Currency (OCC). Deutsche Bank plans crypto custody service launch Germany’s largest bank is preparing to launch a cryptocurrency custody service next year. Deutsche Bank has enlisted cryptocurrency exchange Bitpanda to help build the offering. You might also like: NFT sales jump 10% to $136.5m, CryptoPunks shows 26% pop Iran’s largest cryptocurrency platform restarts Nobitex is gradually resuming services following an earlier breach by a pro-Israel group that resulted in $90 million in losses. Verified users will soon regain access to their accounts and wallet balances, while most other features remain disabled. The next phase will restore withdrawal, deposit, and trading services for verified users. Robinhood expands crypto offerings The digital brokerage announced it is developing its own blockchain network based on Arbitrum ( ARB ) and launching tokenized stock trading services. Strategy and Metaplanet acquire more Bitcoin Saylor’s Strategy acquired 4,980 Bitcoin worth $532.6 million between June 23-29, paying an average price of $106,801 per BTC according to SEC filings. This purchase brings Strategy’s total Bitcoin holdings to 597,325 BTC. Metaplanet purchased 1,005 Bitcoin, bringing its total cryptocurrency holdings to 13,350 BTC. The Tokyo-based hotel management service is issuing 0% interest rate ordinary bonds worth $208 million to fund further Bitcoin acquisition activities. Read more: XLM price at risk as Stellar Lumens’ funding rate crashes
Vitalik Buterin proposes EIP-7983 to cap transaction gas at 16.77 million, aiming to boost Ethereum security, stability, and zkVM compatibility.
FTX is seeking court approval for a new claims process that could affect creditors from 49 jurisdictions where crypto is banned or restricted. In a new filing shared by FTX creditor advocate Sunil, the bankrupt crypto exchange has requested that the court approve a framework for addressing claims from 49 “potentially restricted foreign jurisdictions,” which include countries where cryptocurrency is banned or subject to legal restrictions. The move, which could affect billions of dollars in expected recoveries, comes as the recovery estate continues to process distributions to customers impacted by the November 2022 crash. Over 82% of the disputed claim value reportedly comes from users in China, with other affected countries including Russia, Egypt, Morocco, North Korea, and 44 more. FTX: Restricted countries Disputed claims 49 Jurisdictions -5% allowed claims in restricted countries 82% of value in China Due to local laws that 1) crypto currency trading is not permitted or 2) distributors not allowed pic.twitter.com/wCEfAOFyaD — Sunil (FTX Creditor Champion) (@sunil_trades) July 3, 2025 Under the proposed plan, claims from these jurisdictions would be automatically treated as disputed unless FTX receives legal advice confirming that payouts are legally allowed. If the advice is negative, claims may be permanently denied, and the associated funds forfeited. FTX stated that it would notify affected users via email or mail, providing them with at least 45 days to object. To do so, users must submit a sworn statement and waive service of process, agreeing to the jurisdiction of the U.S. bankruptcy court. You might also like: Shaquille O’Neal Cuts $1.8M Check to Close FTX Lawsuit If no objections are made by the deadline, or if an objection is resolved against the creditor, the jurisdiction may be officially designated as “restricted.” At that point, any associated claim distributions, including interest, would be forfeited and returned to the FTX Recovery Trust. Even for allowed claims, final payouts depend on whether the creditor can meet pre-distribution requirements and open an account with a court-approved distribution provider. If the jurisdiction is still restricted on the distribution date, the payout will not be made. While the filing states that FTX will hire local lawyers to assess the legality of distributions in each region and continue efforts to reduce the number of restricted jurisdictions, the proposal has already drawn criticism from many. Community response Several creditors have raised dissatisfaction with the latest update, arguing that the proposal is unjust. On X, user Nicedy called the process “deeply discriminatory and procedurally unjust,” claiming that many creditors are being excluded based solely on nationality. “We are not passive victims, nor silent bystanders,” the user wrote, urging FTX’s recovery team and legal partners to establish a fair re-review process. Echoing the frustration, another commenter called the plan “fraudulent,” saying “FTX literally plans to use the funds from these restricted regions to make up their fund deficit,” warning that collective action from excluded victims could bring “serious consequences” for the recovery team if the current plan proceeds. The latest proposal is still pending and will require approval from the bankruptcy court before it can be enforced. The FTX scandal centers on the dramatic collapse of one of the world’s largest cryptocurrency exchanges in November 2022. Founded by Sam Bankman-Fried, FTX misused billions of dollars in customer funds to cover losses at its sister trading firm, Alameda Research. The company filed for bankruptcy , leaving over a million creditors in limbo. Bankman-Fried was later convicted on multiple counts of fraud and conspiracy, marking one of the most high-profile financial crimes in recent history and shaking trust in the crypto industry. Read more: FTX seeks to block 3AC’s $1.5B claim, alleges self-inflicted losses
Last week, the US markets were seen reaching new historical highs almost every day, and there was a very enthusiastic atmosphere in the markets. While asset management companies’ increasing optimism about US stocks is drawing attention, there are warnings that this excitement could lead to overly concentrated positions and cause sharp fluctuations, especially in the event of a negative development. The most important of these risks is Donald Trump’s customs tax review process, which will end on July 9. Next week, markets are expected to have a quieter data calendar, but markets will be closely monitoring the Fed's monetary policy meeting minutes, FOMC members' speeches and Trump's steps regarding tariffs. Related News: Is the Whale Behind the Movement of 8 Billion Dollars Worth of Bitcoin Hacked? It Could Be the Largest Cryptocurrency Theft in History - Coinbase Executive Speaks Out Here are the key macroeconomic developments for the coming week (Türkiye time / TSI): Tuesday, 18:00: US New York FED's 1-year inflation expectation for June will be announced. Wednesday, 04:30: China's annual CPI data for June will be released. Wednesday, 9:00 p.m.: The Fed will release the minutes of its last monetary policy meeting. Thursday, 15:30: Initial unemployment benefit applications for the week ending July 5 will be announced. Thursday, 4:00 p.m.: St. Louis Fed President Moussalem, who has 2025 FOMC voting rights, will speak on the U.S. economy and monetary policy. Thursday, 21:30: San Francisco Fed President Mary Daly, who is a member of the 2027 FOMC, will evaluate the outlook for the US economy. *This is not investment advice. Continue Reading: The Watch List for the New Week’s Macroeconomic Outlook Has Been Published
You can't be bullish on tokenization without Ethereum (ETH), says top expert