Crypto

New iterations of a well-known scam is now targeting Mac users. Here's what you need to know.

An exclusive new South Korean social club that caters to the super-rich and commands a KRW 1 billion ($734,290) annual membership fee could exclude people who made their fortunes from trading crypto, a report has claimed. The post 1 Billion KRW Korean Social Club ‘May Exclude People Who Made Money from Crypto’ appeared first on Cryptonews.

Backpack halted trading for scheduled maintenance at 10 a.m. UTC on July 3 and reopened two hours later, but the restart triggered account errors that forced CEO Armani Ferrante to promise reviews and compensation. Backpack had warned users on X that the platform would go offline at 10 a.m., enter post-only mode at noon, and […] The post Post-maintenance mishap on Solana’s Backpack triggers incorrect futures orders, balance reports appeared first on CryptoSlate.

Wave of fake Solana dev group chats in South Korea follows ETF debut, Indian crypto taxes blamed for coin delistings: Asia Express. All services claiming to offer access to JD.coms stablecoin are fraudulent, the Chinese e-commerce giant said in a statement posted on Weibo, a microblogging platform. JD.com said entities are misleading the public by claiming to have partnered with its Hong Kong subsidiary, JD CoinLink. The company emphasized that it has not issued a stablecoin at this point or formed any such partnerships. Fraudulent campaigns are emerging in parallel, according to multiple WeChat accounts warning against stablecoin scams. Fraudulent campaigns are promising users 5,000 JD.com stablecoins for signing up and additional rewards for referring friends. Read more

A key player in the Telegram-linked The Open Network (TON) crypto ecosystem just hit a $1 billion valuation with its latest funding round.

Two major Russian insurance firms, Renaissance Life and BCS Life Insurance, have launched investment life insurance policies (ILIPs) linked to Bitcoin, according to a July 2 local media report. According to the report, the innovative policies allow investors to gain exposure to BlackRock’s iShares Bitcoin Trust (IBIT), the largest Bitcoin ETF by assets under management. […] The post Russian insurance firms unveil investment life policies tied to Bitcoin appeared first on CryptoSlate.

WhiteRock Finance founder Ildar Ilham was reportedly detained in the UAE more than a year after Dutch authorities announced an arrest linked to ZKasino. Authorities in the United Arab Emirates (UAE) have reportedly taken Ildar Ilham, the founder of the decentralized finance protocol WhiteRock Finance, into custody as part of allegations over a $30-million scam through ZKasino. According to a Thursday X post from crypto sleuth ZachXBT, UAE authorities arrested Ilham in connection with an investigation into “wide-scale fraud” surrounding ZKasino. ZachXBT’s report suggested that WhiteRock was connected to ZKasino’s $30 million fundraising. The alleged investor scam followed ZKasino’s launch in April 2024, with the platform promising an airdrop of its native token to select users. However, reports indicate that more than a year later, the funds still have not been returned. Read more

Claude predicts a Christmas-season crypto upswing, citing Ripple’s court victory, Shibarium advances and PEPE’s community strength. It has projected XRP topping $10, Shiba Inu rising eight-fold, PEPE tripling and presale Layer-2 token HYPER posting strong debut gains as sentiment has improved. The post Leading AI Claude Predicts the Price of XRP, Shiba Inu and Pepe by the End of 2025 appeared first on Cryptonews.

Traders are gearing up for potential 4th of July fireworks as Bitcoin pops past $110,000 ahead of the holiday—though bearish vibes linger.

BlackRock’s spot Bitcoin exchange-traded fund IBIT has become the asset manager’s third-highest revenue-generating ETF just 18 months after its launch, according to data shared by Bloomberg senior ETF analyst Eric Balchunas. Strategy Chairman Michael Saylor responded to the milestone by predicting that IBIT will soon become BlackRock’s number one revenue-generating ETF. The IBIT fund has […] The post BlackRock’s Bitcoin ETF rapidly climbs to third in revenue, nears top spot appeared first on CryptoSlate.

The firm is allocating capital into bitcoin, Ethereum, Solana and other digital assets to support blockchain ecosystem growth.

Anchorage Digital has been selected to be the custodian and staking partner for the newly launched SSK fund.

The crypto asset manager attributed the decision to a fast-changing regulatory landscape.

June US employment data exceeded forecasts and sets a macro backdrop that could send Bitcoin (BTC) past $200,000, according to a research note from Matt Mena, crypto research strategist at 21Shares. The Labor Department reported that non-farm payrolls increased by 147,000 in June, surpassing the consensus estimate of 110,000, while the unemployment rate fell to […] The post 21Shares says June payroll surprise sets soft-landing stage that could catalyze Bitcoin beyond $200k appeared first on CryptoSlate.

ChatGPT's 42-Signal has assessed Solana at $150.84, noting balanced momentum as price sits above the 20-day EMA yet below longer averages. Institutional appetite has strengthened after the first U.S. staking ETF logged $33M first-day turnover, ranking in 2025’s top ten launches. The post ChatGPT’s 42-Signal Spots $160 SOL Breakout as Staking ETF Volume Hits $33M appeared first on Cryptonews.

The new initiative aims to invest in projects that enhance tokenized finance and on-chain capital markets, Ondo said.

Ether stays above $2,580 after better-than-expected jobs data fuels record highs in equities and tempers Fed pivot expectations.

Ondo Finance and Pantera Capital are launching a $250 million fund to fuel tokenized real-world asset projects. DeFi protocol Ondo Finance and venture firm Pantera Capital plan to ramp up investments in real-world assets (RWAs), highlighting the industry’s increasing focus on tokenization amid favorable regulatory developments in the United States. Both companies informed Axios that they plan to invest $250 million in RWAs through a new fund called Ondo Catalyst. Ondo’s chief strategy officer, Ian De Bode, says the funds will be invested to acquire equity stakes and tokens in emerging projects. “We are seeing a bit of an arms race right now” in the tokenization market, De Bode told Axios, referring to the surge of companies entering the space. Exchanges in particular are zeroing in on tokenized stocks and exchange-traded fund (ETF) offerings. Read more

Traders say an ETH rally to $3,200 could result from a “golden cross” pattern, but other Ether price metrics are not so bullish. Key takeaways: ETH failed to reclaim $2,600 as futures and options data show weak conviction from traders.  Ethereum’s layer-2 growth hasn’t translated into increased demand for ETH due to low rollup transaction fees. Read more

The Commission’s pause on Grayscale’s Digital Large Cap Fund ETF is likely tied to listing standards, not politics, sources say.