Looking for love lost $36.9 million to crypto scammers: A story of how Axis Digital turned sweet words into stolen coins and laundered it all to Cambodia. What starts as flirtation on a dating app often ends in a drained wallet. Increasingly, it’s crypto scammers targeting Americans and laundering stolen millions overseas. In 2025, online romance can feel thrilling, but cryptocurrency dating scam $36.9 million headlines show its darker side. It usually starts with a friendly message on social media or a dating app. Then slowly, week by week, they build trust, seem charming, knowledgeable, affectionate and eager to share their investment tips, often in crypto. Read more
TRON’s strong position in the stablecoin market continues with steady user growth, transaction volume and ecosystem expansion. TRON began 2025 on a strong note, marked by important protocol updates, new partnerships and growth across key onchain metrics. Throughout the first half of the year, the network’s strategic focus centered on reinforcing its role as a leading blockchain for stablecoin transfers. In its latest report, Cointelegraph Research examines TRON’s performance across core metrics and explores its expanding presence in the global stablecoin ecosystem. Read the full report to explore TRON’s latest onchain performance milestones and key strategic partnerships. TRON has continued to solidify its position as a leading network for stablecoin settlements. Since the beginning of the year, the supply of stablecoins on TRON has grown by 40% and reached $81 billion, primarily by active USDT issuance. USDT now makes up 99% of the stablecoin supply on the network, and, following recent mints, 51% of the tot...
“Crypto week” is approaching as lawmakers in Washington aim to pass three bills related to digital assets. Lawmakers in Washington are gearing up to pass three bills for the blockchain industry in an event they have dubbed “crypto week.” The US Congress has been working on legislation that the crypto industry lobby says will help bring clarity to the industry and help it grow, primarily through two laws governing stablecoins and creating a crypto market structure. Congress is also considering a law preventing the creation of a central bank digital currency (CBDC). Crypto has found support on both sides of the aisle, with Democratic and Republican lawmakers each making a number of amendments to the bills under consideration. Major crypto exchanges operating in the United States, like Coinbase, have stepped up their campaigning for the legislation as well. Read more
The Ethereum Foundation sold 10,000 ETH to SharpLink Gaming at a steep discount just before Ether briefly surpassed $3,000. The Ethereum Foundation sold 10,000 Ether through an over-the-counter deal just before the cryptocurrency briefly regained the $3,000 mark. In a Friday X post, the Ethereum Foundation said it had finalized the terms of a 10,000 Ether (ETH) sale at an average price $2,572.37 via an over-the-counter transaction. At the time of writing, Ether traded nearly 16% higher, hovering just below $3,000. “Our OTC counterparty was Sharplink Gaming,” the foundation said. Read more
As Congress prepares to debate three major crypto bills during “Crypto Week,” the crypto community and advocacy groups are racing to turn momentum into real legislation. The US House of Representatives is gearing up for what Republican leadership has branded “Crypto Week,” a legislative push scheduled from next Monday to Friday that could reshape the future of digital asset regulation in the country. This week’s episode of Byte-Sized Insight explores the political stakes of these bills, the industry’s lobbying efforts and whether bipartisan support is enough to push legislation across the finish line. Lawmakers are expected to debate and potentially vote on three high-profile bills: the CLARITY Act, which would define regulatory oversight of crypto markets; the GENIUS Act, which creates a framework for stablecoins and has already cleared the Senate; and the Anti-CBDC Surveillance State Act, which would ban the creation of a US central bank digital currency. Read more
Bitcoin’s latest rally sparked a reaction from Peter Schiff, urging a switch to silver, while others were more bullish than ever. Longtime Bitcoin critic and gold advocate Peter Schiff said the latest BTC rally may be a selling opportunity for investors to buy silver instead. “With Bitcoin hitting new highs today (in dollars), it’s a great time to sell some and buy silver ahead of silver’s next big leg up,” Schiff said in a Thursday X post as Bitcoin (BTC) put on its moon boots again and set new highs above $112,000. He claimed that silver has more upside potential than Bitcoin and added that while BTC “can easily crash, silver’s downside seems very limited.” Read more