Crypto

The CEO of OKX says that "false positives" are among the biggest challenges the crypto exchange faces in ensuring global compliance. OKX founder and CEO Star Xu has apologized to users after reports surfaced of wrongful account freezes on the crypto exchange, including one case where a user remained locked out of their funds despite completing extensive verification steps. “We sincerely apologize for any inconvenience caused. We acknowledge that issues such as high false-positive rates and suboptimal user experience in the information collection process still exist during compliance and risk control operations,” Xu said in a post on Friday. “One of the biggest challenges in global compliance is ‘false positives’—where the system mistakenly flags normal users as risky,” Xu said. Read more

CertiK noted that two incidents alone accounted for $1.78 billion of crypto losses in the first half of 2025.

The memecoin steadied after a sharp decline, with strong volume signaling potential base-building above key support

The Ripple-related token slips after intraday sell-off despite growing optimism around U.S. banking license and ETF potential

The Coinbase executive says he is “speculating on straws,” but if it is true, it would be “by far the largest heist in human history.” Conor Grogan, Coinbase’s head of product, says there’s a slight chance the $8.6 billion worth of Bitcoin moved on Thursday — from eight wallets that had held the Bitcoin for over 14 years — was caused by a hack, and if so, it could be the largest robbery ever. “If true (again, I’m speculating on straws here), this would be by far the largest heist in human history,” Grogan said in an X post on Friday, after raising the slim chance that the $8.6 billion worth of Bitcoin (BTC) moved from eight separate wallets was the work of bad actors. “There is a small possibility that the $8B in BTC that recently woke up were hacked or compromised private keys,” Grogan said, pointing out a suspicious Bitcoin Cash (BCH) transaction made before the significant transfers on Thursday involving 10,000 Bitcoin at a time. Read more

All of these moved coins are among the rarest class of BTC: mined or transacted during the “Satoshi era,” a loosely defined period from bitcoin’s launch in 2009 through 2011, when its pseudonymous creator was still active online.

Crypto analyst James Check says the Bitcoin treasury strategy is getting to a point where new entrants will find it hard to gain momentum “without a serious niche.” A crypto analyst says the Bitcoin treasury strategy may not have the longevity many expect, warning that the easy upside may already be behind new companies entering the space. “My instinct is the Bitcoin treasury strategy has a far shorter lifespan than most expect,” Glassnode lead analyst James Check said in an X post on Friday. “For many new entrants, it could already be over,” Check said, adding that it’s not “about a measuring contest” but rather how sustainable a company’s product and strategy are when it comes to long-term Bitcoin (BTC) accumulation. Read more

Hackers siphoned about R$800 million ($140 million) from six reserve accounts connected to Brazil’s central bank after breaching São Paulo-based software vendor C&M Software on June 30, according to blockchain investigator ZachXBT and reports from local news outlets. Police said C&M employee João Nazareno Roque sold his corporate login for R$15,000 ($2,770) and later developed […] The post Hackers steal $140M from Brazilian central bank reserve accounts via partner breach appeared first on CryptoSlate.

Retail's absence and flat addresses have hindered LINK's upward movement.

Turkish financial regulators have blocked access to decentralized exchange PancakeSwap and 45 other crypto-related websites as part of a broader crackdown on unauthorized digital asset services. In a July 3 bulletin, the Capital Markets Board (SPK) announced legal action against the websites, citing provisions of Turkey’s Capital Markets Law. The regulator said the targeted platforms […] The post Turkey blocks access to PancakeSwap, 45 crypto websites in regulatory crackdown appeared first on CryptoSlate.

ChatGPT's 42-signal DOGE analysis has detailed a 5.58% slide to $0.16241 amid a 42.16% volume spike, with the token trading beneath its 20-, 50-, 100- and 200-day EMAs. Volatility linked to Musk-Trump tensions threatens $0.155-$0.160 support, hinting at $0.12-$0.14 if the downside extends. The post ChatGPT’s 42-Signal DOGE Analysis Flags Key $0.155 Support Test Amid Musk Drama appeared first on Cryptonews.

Gemini predicts that Bitcoin nearing its record price will set the tone for a broad bull run through late-2025, with institutional demand, potential spot ETFs and easing rules seen lifting XRP to $20, Solana to $500 and Cardano to $5.66 while early-stage tokens track sentiment. The post Google’s Gemini AI Predicts the Price of XRP, Solana and Cardano by the End of 2025 appeared first on Cryptonews.

Bitcoin's pullback reflects the market’s anxiety about the US economy and dormant BTC wallets shifting billions worth of BTC. Key takeaways: Despite $1 billion in spot BTC ETF inflows, Bitcoin fell 2.8% as the market digested a multibillion-dollar 2011-era wallet transfer. US import tariffs and fiscal deficits are likely weighing on Bitcoin investor sentiment. Read more

Over 70% of US crypto investors approve of President Donald Trump’s administration’s approach to crypto policy, according to a recent survey conducted by research firm HarrisX.  HarrisX polled 1,096 adults online from June 18 to June 19, including 230 self-identified crypto investors. Among that cohort, 81% said they follow the administration’s crypto actions, 73% approved of the […] The post Investor poll shows 73% approval for Trump’s crypto policy, bullish views on prices increase appeared first on CryptoSlate.

The theft occurred after the hackers allegedly compromised an employee of C&M, a software service provider, by buying the employee’s login credentials. C&M Software, the service provider that connects Brazil’s Central Bank to local banks and other financial institutions, was hacked on Wednesday, leading to 800 million Brazilian reais ($140 million), in stolen funds from six institutions connected to the central bank. The hack occurred after an employee of C&M allegedly sold his login credentials to the threat actor for roughly $2,700, allowing them to access the software system and steal funds held in reserve accounts, according to Brazilian news outlet São Paulo. Onchain detective ZachXBT said the hackers converted an estimated $30 million to $40 million of the stolen funds to Bitcoin (BTC), Ether (ETH) and USDt (USDT), which they laundered through Latin American exchanges and over-the-counter (OTC) trading platforms. Read more

A dormant Bitcoin whale woke up and chose violence—by spooking skittish BTC traders with an $8 billion move. The charts though? They tell a different story.

Rostec, the Russian defense and technology conglomerate, announced on July 3 that it will introduce a ruble-pegged stablecoin and a linked payment network this year, utilizing Tron infrastructure. According to the Russian news agency TASS, Rostec named the token RUBx and set a one-to-one exchange rate with the ruble.  Deputy General Director Alexander Nazarov stated that the corporation […] The post Russian defense conglomerate Rostec to launch ruble-pegged stablecoin on TRON appeared first on CryptoSlate.

Gunnar Strömmer reportedly said that Swedish authorities had confiscated more than $8.3 million worth of criminal profits since a law related to seizures was passed in 2024. Sweden’s justice minister has called on local authorities to focus on crackdowns that could yield larger seizures of assets including cryptocurrency under a 2024 law that allows the confiscation of luxury items and cash from individuals even if they aren’t the target of an investigation. According to a Thursday report from financial news outlet Dagens industri, Minister of Justice Gunnar Strömmer said local police, tax authorities and the Swedish Enforcement Authority should put more effort into cases likely to yield crypto proceeds, real estate and other corporate assets. The justice minister reported that the government had seized more than $8.3 million in criminal profits since 2024. “Now it’s time to turn up the pressure even more,” said Strömmer. Read more

World Liberty Financial, the decentralized finance platform linked to U.S. President Donald Trump’s family, has unveiled a proposal that would allow its WLFI governance token to become transferable and tradeable across the wider crypto market. Currently confined within its own protocol, the WLFI token cannot be traded externally, restricting price discovery and limiting participation in […] The post Trump-backed World Liberty Financial seeks community vote on token mobility appeared first on CryptoSlate.

The XRP price has declined by 2.5% in the past 24 hours, but is the continued adoption of RLUSD the trigger for big gains? The post XRP Price Prediction: Swiss Bank Embraces Ripple’s RLUSD – Billions Flowing into XRP? appeared first on Cryptonews.