Crypto

Hypersphere investment partner Mehdi Farooq said he lost six wallets and years of savings after falling victim to a fake Zoom call phishing attack. Mehdi Farooq, an investment partner at crypto venture capital firm Hypersphere, revealed on Thursday that he lost a significant portion of his life savings in a targeted phishing attack orchestrated through a fake Zoom call. In a post on X, Farooq explained that the attack began with a message on Telegram from Alex Lin, someone he knew. “He wanted to catch up,” Farooq recounted. The two had previously interacted, making the outreach seem routine. Farooq then shared his Calendly link with Lin, who scheduled a meeting for the next day. Read more

South Korea’s top financial regulator is working on a detailed roadmap to support the launch of digital asset spot exchange-traded funds. According to a June 19 report by Herald Economy, the Financial Services Commission revealed the move during a policy update to the State Affairs Planning Committee. The FSC plans to roll out its proposal […] The post South Korea moves closer to spot Bitcoin ETFs as FSC explores proposal appeared first on CryptoSlate.

Remember MapleStory? Well, this is what it looks like in 2025, and it's taking over crypto.

Quantum computing-focused Project Eleven raised $6 million to develop tools like Yellowpages that aim to secure Bitcoin against quantum attacks. Project Eleven, a development firm focused on post-quantum cryptography, raised $6 million to help secure Bitcoin and other digital assets against future quantum computing threats. According to a Thursday announcement shared with Cointelegraph, the funding round was co-led by leading Web3 investor Variant Fund and quantum tech investor Quantonation, among others. It marks Quantonation’s first investment in the crypto space. Project Eleven CEO Alex Pruden said the funding will allow the company to build “the tools, standards and ecosystem required to ensure digital assets remain secure in a post-quantum world.” Read more

The $600 million treasury announcement came on the same day Nasdaq-listed ophthalmic technologies firm Eyenovia shared plans for a Hyperliquid token treasury. Update June 19, 1:58 pm UTC: This article has been updated to include comments from Bitget Wallet’s CMO. Nasdaq-listed Lion Group Holding (LGHL) is establishing a $600 million cryptocurrency treasury reserve, with the Hyperliquid (HYPE) token as its main asset, signaling a growing institutional interest in altcoins beyond Bitcoin. The Singapore-based trading platform said it secured a $600 million facility from ATW Partners to fund the launch of its Hyperliquid (HYPE) token treasury and other blockchain initiatives. According to the company, $10.6 million of the capital will be deployed by Friday. Read more

OKX partners with Consensys to integrate its DEX aggregator into MetaMask, giving users access to more than 500 DEXs and new MEV protection via SERVO. OKX has partnered with Ethereum software firm Consensys to launch its decentralized exchange (DEX) aggregator on MetaMask, offering users faster trade execution and reduced slippage. The collaboration integrates OKX’s DEX API with MetaMask, giving the wallet’s user base access to liquidity from over 500 DEXs across 25 blockchains, the exchange said in a news release shared with Cointelegraph. “MetaMask’s ambitious multichain strategy toward becoming a universal wallet for the Web3 ecosystem aligns with the connected blockchain ecosystem we’re helping to build,” said Jeff Ren, founder of OKX Ventures. Read more

Iranian crypto exchange Nobitex has confirmed that it lost nearly $100 million in a cyberattack by a politically motivated hacking group. The breach, which occurred on July 18, has shaken the local crypto community and triggered a government-imposed curfew on crypto trading platforms nationwide. The attack was claimed by an Israel-linked group calling itself Gonjeshke […] The post Iran-based Nobitex vows user protection despite $100 million attack by Israel-linked hacktivists appeared first on CryptoSlate.

There’s a familiar discomfort creeping in again, something I felt in the early 2010s as I watched social media’s promises of connection and community unravel into mass manipulation. Facebook and propaganda bots were the first dominoes. Cambridge Analytica, Brexit, global elections, it all felt like a betrayal of the internet’s original dream. Now, in the […] The post Open source AI might kill us. Closed AI could enslave us. Choose your apocalypse. appeared first on CryptoSlate.

Russia will continue taking measures to encourage crypto mining businesses to register with the tax authority, including imposing bigger penalties for violations. Russia’s cryptocurrency laws have not convinced most mining businesses to register with authorities, as only 30% of the miners have entered the Federal Tax Service Register since late 2024. The Russian government began enforcing two crypto mining-related bills in October and November 2024, introducing legal definitions and registration requirements for mining businesses. Still, 70% of the miners remain underground, Finance Ministry official Ivan Chebeskov said, according to a report by local news agency TASS on Thursday. Read more

Your day-ahead look for June 19, 2025

As a foreign private issuer, the firm will follow Canadian disclosure rules while being exempt from certain U.S. reporting requirements.

Bitget picks Georgia for the next step of its expansion in Eastern Europe, attracted by clear regulations, tax benefits and a growing crypto user base. Bitget has received regulatory approval from Georgia to operate as a digital asset exchange and custodial wallet provider within the Tbilisi Free Zone (TFZ). In a Thursday announcement, the company said its users in Georgia can now access Bitget’s full range of services, including spot trading, futures and copy trading, all within a fully compliant, locally regulated environment. Bitget has been expanding in Europe since the European Union’s Markets in Crypto-Assets Regulation (MiCA) began taking effect in 2024. Read more

The pro-Israel group Gonjeshke Darande follows through on its threats, publishing the full exchange code and security files, thereby placing the remaining Nobitex assets at risk.

RBF lets you resend unconfirmed transactions with higher fees, but it requires a clear understanding of fee units, wallet behavior and transaction structure. A misunderstanding of fee units led to an accidental overpayment worth more than $60,000 during a replace-by-fee transaction. The user confused sat/vB (fee per byte) with total satoshis, leading to an extreme overpayment. RBF replaces a transaction with a higher-fee version, while CPFP adds a new transaction to boost the original; each has different use cases and risks. Read more

Australia now taxes crypto as property, with capital gains on swaps, DeFi and wrapped tokens, plus new ATO data sweeps targeting 1.2 million users. Australia is one of the world’s most crypto-aware nations, with over 31% of citizens owning digital assets and nearly 1,800 crypto ATMs across the country. Crypto is currently taxed as property in Australia, triggering capital gains tax (CGT) on disposal and income tax on mining, staking or payments. A May 2025 court ruling may challenge the status quo, suggesting that Bitcoin could be classified as “Australian currency,” potentially exempting it from CGT. Read more

Bitcoin price trajectory is primed to benefit from both macroeconomic and crypto derivatives trends, said new research from CryptoQuant. Key points: Bitcoin bulls could gain from the Fed’s decision to hold interest rates, given historical tendencies, new analysis says. Falling Binance open interest with BTC/USD making higher lows could add to potential upside momentum. Read more

South Korea’s newly elected president Lee Jae-myung reportedly promised to reduce crypto trading transaction costs as part of his presidential campaign. South Korea’s financial regulator plans to investigate transaction fees charged by domestic cryptocurrency exchanges, aiming to reduce trading costs for users, according to local media. South Korea’s Financial Services Commission (FSC) will launch a probe into transaction fees imposed by local trading platforms and review potential intervening measures, the Herald Economy reported on Thursday. The move is part of South Korea’s newly elected president Lee Jae-myung’s broader pro-crypto agenda. Lee reportedly promised to reduce crypto trading transaction costs to support young traders as part of his presidential campaign. Read more

The return to zero comes as tariffs threaten to deflate nations with trade surplus, such as Switzerland and China.

Wednesday’s rally reflects investor confidence that Circle will be the chief beneficiary if the U.S. formally embraces stablecoins as digital cash equivalents.

Technical indicators show DOGE entering oversold territory, and social sentiment data from LunarCrush reveals an 86% positive tone across 16,000+ mentions, suggesting continued community conviction even amid price volatility.