Cointelegraph.com
Source:
https://cointelegraph.com
Found 5789 news
-
Cointelegraph.com - 14:10 Jul 04, 2025
A fake GitHub repository posing as a Solana trading bot was used to distribute obscured malware that stole crypto wallet credentials, according to cybersecurity firm SlowMist. A GitHub repository posing as a legitimate Solana trading bot has been exposed for reportedly hiding crypto-stealing malware. According to a Friday report by blockchain security firm SlowMist, the now-deleted solana-pumpfun-bot repository hosted by account “zldp2002” mimicked a real open-source tool to harvest user credentials. SlowMist reportedly launched the investigation after a user found that their funds had been stolen on Thursday. The malicious GitHub repository in question featured “a relatively high number of stars and forks,” SlowMist said. All code commits across all its directories were made about three weeks ago, with apparent irregularities and a lack of consistent pattern that, according to SlowMist, would indicate a legitimate project. Read more -
Cointelegraph.com - 13:30 Jul 04, 2025
In the latest episode of Byte-Sized Insight we explore the evolving crypto regulatory strategies of the US, EU and UK with insights from Gemini’s head of Europe. While the European Union and United Kingdom push forward with cautious crypto frameworks, the United States is suddenly emerging as a front-runner in global digital asset policy thanks to a blitz of legislation, political momentum and massive ETF inflows. In the latest episode of Byte-Sized Insight, Cointelegraph head of podcasts Savannah Fortis is joined by Mark Jennings, head of Europe at Gemini, to break down how the US, EU and UK are approaching crypto regulation and what it means for innovation, adoption and investment across the West. “We’ve seen the administration push legislation very quickly as it’s come in this year,” said Jennings. “It became a topic of conversation during the presidential election, and I think it highlights the importance of crypto globally, that it becomes a talking point at that level.” Read more -
Cointelegraph.com - 13:15 Jul 04, 2025
Congress passed the Big Beautiful Bill, Trump’s budget proposal, which could benefit Bitcoin, analysts say. On July 3, the US Congress passed into law the One Big Beautiful Bill Act. President Donald Trump’s bill offers little to the crypto industry, but it could benefit Bitcoin all the same. Trump’s budget proposal passed in the late hours of July 3 entirely along partisan lines; only two Republicans voted against the controversial bill, which will significantly increase the US government’s borrowing ability. It has drawn significant criticism from Democrats and even from current and former Trump allies like Tesla CEO Elon Musk. Notably absent from the bill were proposed amendments to the cryptocurrency tax code. As the bill worked through the Senate, lawmakers attempted to tack on a number of provisions regarding crypto, but to no avail. Read more -
Cointelegraph.com - 12:33 Jul 04, 2025
Bitcoin whales awoke after 14 years of dormancy, having held their BTC since it was trading below $0.78 a coin in 2011. Bitcoin whales have reawakened after 14 years of patiently holding the world’s first and largest cryptocurrency, transferring billions of dollars in value. A Bitcoin wallet “12tLs” transferred 10,000 Bitcoin (BTC) worth over $1 billion after 14 years of holding the assets on Thursday. The mysterious whale initially received the 10,000 BTC on April 3, 2011, when Bitcoin traded for about $0.78 a coin, according to blockchain data shared by Lookonchain in a Friday X post. Read more -
Cointelegraph.com - 11:15 Jul 04, 2025
Bitcoin price rally stalls at $110,000 after strong US employment data, with big overhead resistance at $112,000 and several key support levels below. Key takeaways: Bitcoin’s multiple rejections from $110,000 signal the bulls’ inability to sustain higher prices. BTC price may drop as low as $105,000 in the short term if key levels are lost. Read more -
Cointelegraph.com - 10:56 Jul 04, 2025
Daniel Ianello has asked a Tennessee court to dismiss a lawsuit accusing him of orchestrating an exit scam after taking over a crypto project. Daniel Ianello, a man accused of orchestrating an exit scam involving a crypto project known as The Phoenix, has filed a motion to dismiss a lawsuit brought against him in a Tennessee federal court. According to the complaint, Ianello took over Phoenix Community Capital in October 2022 and allegedly executed an exit scam. After taking control of The Phoenix’s (FIRE) assets, he allegedly shut down its smart contracts. Plaintiffs claim he then “moved hundreds of thousands of dollars in investor money, began deleting posts on Discord […] deleted earlier versions of Phoenix’s website, and announced the ‘smart contracts’ would not be restored.” Read more -
Cointelegraph.com - 09:58 Jul 04, 2025
Bitcoin has historically posted double-digit gains in the weeks following the passage of major US debt-expanding bills. Will 2025 follow the same pattern? Key points: Bitcoin gained 38% when US President Trump signed a major spending bill in late 2020. Doing so again would put BTC/USD at $150,000 as Trump prepares to sign his “Big Beautiful Bill” into law. Read more -
Cointelegraph.com - 09:39 Jul 04, 2025
After sentencing the three kidnappers to 12 years each and ordering civil damages, the court noted that the masterminds behind the attack remain at large. A Belgian court has sentenced three people for their roles in a cryptocurrency-related kidnapping targeting the wife of local crypto entrepreneur Stéphane Winkel. The Brussels Criminal Court handed down 12-year prison sentences to three kidnappers who attacked Winkel’s wife in December 2024, local news agency La Dernière Heure reported on Thursday. The criminals were convicted of hostage-taking after abducting the victim outside her home, forcing her into a van and demanding a ransom in cryptocurrency. Read more -
Cointelegraph.com - 06:30 Jul 04, 2025
Crypto bettors have staked millions on whether the outfit technically counts as a suit, while a renowned fashion industry commentator hasn’t helped, calling it “both a suit and not a suit.” Ukrainian President Volodymyr Zelenskyy’s outfit at a June 24 NATO meeting in the Netherlands has become the focal point of a fierce dispute between Polymarket bettors. A user on Polymarket, a crypto-based prediction platform, created a betting market that asked whether Zelenskyy would wear a suit before July. To settle the bet, a photo or video must show Zelenskyy wearing a suit between May 22 and June 30. The market racked up nearly $79 million in volume. The result initially landed on “yes,” but has been disputed twice since and now awaits a final decision. Read more -
Cointelegraph.com - 06:09 Jul 04, 2025
The victim of a $20 million crypto scam who sued Citibank last week for allegedly ignoring “red flags” has filed a similar complaint against two more banks. The self-claimed victim of a crypto romance scam who recently sued Citibank for failing to catch red flags has just filed a second lawsuit targeting two other banks. Michael Zidell sued East West Bank and Cathay Bank in a California federal court on Tuesday, accusing the banks of turning “a blind eye to their statutory duties and obligations.” He claimed he sent 18 transfers totalling nearly $7 million to the alleged scammers’ account at East West Bank, and made 13 transfers totalling over $9.7 million to an account at Cathay Bank. Read more -
Cointelegraph.com - 23:04 Jul 03, 2025
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 -
Cointelegraph.com - 22:06 Jul 03, 2025
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 -
Cointelegraph.com - 20:40 Jul 03, 2025
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 -
Cointelegraph.com - 20:21 Jul 03, 2025
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 -
Cointelegraph.com - 19:25 Jul 03, 2025
Bitcoin charts show bearish divergences across multiple timeframes, a hint that price rallies above $110,000 could be a trap. Key takeaways: Bitcoin shows bearish divergences on multiple time frames, signaling weak bullish momentum and a potential pullback. Some traders anticipate a rally above $112,000, but increasing sell pressure and liquidity sweeps suggest the breakouts are traps. Read more -
Cointelegraph.com - 19:17 Jul 03, 2025
Roman Storm is scheduled to appear in a New York courtroom for his criminal trial on July 14, facing money laundering and conspiracy charges. Roman Storm, one of the co-founders and developers behind the cryptocurrency mixing service Tornado Cash, appeared in a video interview as his US criminal trial is expected to begin in less than two weeks. In an interview released Wednesday by Crypto In America, Storm said his legal team intended to address at trial the allegations that he had personally profited from illicit funds through his role at Tornado Cash. However, he declined to say whether he would testify in his own defense over charges of money laundering, conspiracy to operate an unlicensed money transmitter, and conspiracy to violate US sanctions. Read more -
Cointelegraph.com - 18:28 Jul 03, 2025
XRP could rally to $2.65 as a bullish trading pattern, and investors’ excitement over Ripple Labs’ US banking license application boosts interest in the altcoin. Key point: Ripple Labs’ application for a US banking license has acted as a catalyst for XRP, paving the way for a potential rally to $2.65. Ripple Labs CEO Brad Garlinghouse said in a post on X that the company “is applying for a national bank charter” from the Office of the Comptroller of the Currency (OCC). Read more -
Cointelegraph.com - 18:19 Jul 03, 2025
The mining companies opened sharply higher on Thursday after US nonfarm payrolls surprised to the upside. Crypto mining stocks logged strong weekly gains, despite a pullback on Thursday, in a rally fueled by signs that a favorable macroeconomic backdrop could support the US Federal Reserve’s soft-landing narrative. Shares of Riot Platforms (RIOT), Hive Digital (HIVE), Hut 8 (HUT8), MARA Holdings (MARA), and Bitfarms (BITF) surged between 13% and 28% over the past four trading sessions, as US markets closed early on Thursday ahead of the Independence Day holiday weekend. In Thursday’s session, investors responded to a better-than-expected US nonfarm payrolls report, though several public mining companies retraced gains. Read more -
Cointelegraph.com - 18:14 Jul 03, 2025
The Wyoming Senator seeks to end double taxation and add clarity to the tax treatment of crypto staking, mining, and lending transactions. US Senator Cynthia Lummis submitted a draft bill on Thursday, outlining several provisions to overhaul the tax code and exempt certain digital asset transactions from taxation after crypto amendments failed to appear in the budget package. The bill proposes a de minimis exemption for digital asset transactions and capital gains of $300 or less, with a $5,000 annual exemption cap. The Wyoming Senator also outlined provisions to exempt crypto lending agreements and digital assets used in charitable contributions from taxation. Additionally, the bill proposed deferring taxes on mining and staking rewards until the underlying assets are sold. Lummis said: Read more -
Cointelegraph.com - 18:00 Jul 03, 2025
Lever CEO Jullian Duran joins the Clear Crypto Podcast to explore how using Bitcoin as collateral, rather than cashing out, can create a new path to financial independence. What if you could use your Bitcoin (BTC) to buy a house, fund a child’s education or invest in a new business, without ever selling it? In the latest episode of the Clear Crypto Podcast, the CEO of Lever, Jullian Duran, makes the case for a new kind of financial firepower; using Bitcoin not to cash out, but to unlock opportunity. Duran, who previously worked at Bridgewater and Marathon Digital, said his mission is rooted in personal experience and in the unrealized potential of Bitcoin-rich users who find themselves asset-rich but liquidity-poor. Read more
5789 items