Galaxy Digital added over 4,200 BTC in the second quarter, helping the company return to profitability after a $295 million loss in Q1. Galaxy Digital reported a net income of $30.7 million for the second quarter of 2025, reversing the $295 million loss recorded in the previous quarter. The digital asset and infrastructure company cited gains in balance sheet holdings and a strong performance from its global markets division as key drivers of the recovery, according to a Tuesday news release. The quarter ended with Galaxy’s Bitcoin holdings increasing to 17,102 Bitcoin (BTC), valued at $1.95 billion. The company held 13,704 BTC at the end of the first quarter, suggesting that it added 4,272 BTC in Q2, the company disclosed in a financial supplement. Read more
The Digital Rights Foundation (DRF) issued an alert this week, warning against an ongoing scam aiming to compromise WhatsApp accounts via fake calls requesting a code. WhatsApp is an especially widely used messaging service across Pakistan, with the World Population Review reporting about 52 million Pakistani users of the platform in 2024 — the seventh-largest number in the world by population. Its use has even been advocated in the legal sector for greater efficiency. However, rising digital scams threaten users’ data security and can cause accounts to be compromised. According to the alert, DRF — a not-for-profit organisation based in Pakistan that has been working on digital rights freedoms since 2013 — received “multiple reports of an ongoing scam to hack WhatsApp accounts”. “Victims receive calls from delivery riders, or from individuals pretending to be from the HEC (Higher Education Commission), and are prompted to share a code that compromises their WhatsApp,” the alert said. Infographics provided by ...