Author: James Wilson

Malaysia is planning an overhaul of its regulatory framework for digital asset exchanges, aiming to expedite token listings and enhance investor safeguards. On Monday, Malaysia’s Securities Commission has released a consultation paper proposing significant updates to its regulations for digital asset exchanges (DAX). Key changes include permitting certain digital assets to be listed on DAX platforms without the SC’s prior approval, provided they satisfy set eligibility criteria. The regulator also plans stricter governance and operational requirements for exchange operators, such as mandatory segregation of client assets and higher financial thresholds. The SC is collecting public feedback on the proposals from…

Robinhood’s partnership with Arbitrum failed to boost investor interest, instead triggering a sharp downturn in ARB’s price despite the initial hype. According to data from crypto.news, Arbitrum (ARB) fell over 13% over the past 24 hours, trading at $0.32 while its market cap was seated at $1.61 billion. ARB’s price tumbled shortly after U.S.-based trading platform Robinhood confirmed its highly anticipated partnership with Arbitrum during an event it was hosting in Cannes. The collaboration will see the Layer-2 network project build the Robinhood Chain, a blockchain infrastructure that will reportedly enable EU-based users to trade U.S. equities onchain. Much of…

Bitget Wallet partners with Mastercard and its licensed-issuer Immersve to launch new crypto cards that allow for fee-less payments directly from the digital wallet. According to a press release sent to crypto.news, the crypto card is available directly through the Bitget Wallet app and supports real-time payments through on-chain swaps and deposit features. It allows users to make payments directly through digital wallets at more than 150 merchants worldwide that accept Mastercard payments. The new crypto cards will first be released in select regions, starting with the United Kingdom and the European Union. The firms plan to expand its utility…

On-chain investigator ZachXBT has raised concerns over USDC stablecoin issuer Circle’s compliance standards and its growing use among malicious actors. According to ZachXBT, North Korean IT workers have been using USDC (USDC) to move millions in illicit payments. The on-chain analyst’s comments came in response to Circle’s recent filing for a national trust bank charter, which would authorize the firm to manage the reserves backing USD Coin. ZachXBT criticized Circle’s handling of the situation, alleging that despite the scale and visibility of the fund flows, the company has taken no steps to curb the activity or freeze any of the…

Polyhedra has unveiled the Phoenix Revival Program, a new initiative aimed at rewarding users who stood by the project during its June 15 liquidity crisis. Announced on July 1 via an X article, the program targets on-chain Polyhedra Network (ZKJ) stakers who held tokens on Ethereum (ETH) or BNB Chain (BNB) at 13:00 UTC on the day of the crash. Eligible users will receive early access to future ecosystem airdrops and a share of incentives from upcoming Polyhedra products, including its ZKML platform, privacy-preserving stablecoin, and dark pool trading protocol. The size of each user’s rewards will be based on…

Japanese online claw machine operator CyberStep is launching a new business arm called CRYPTECH Capital which will generate tokens used to buy BTC and ETH as reserve assets. According to a recent report on CoinDesk Japan, the company that operates the online claw machine game “Toreba” has established its own dedicated crypto stockpile firm to manage its corporate crypto holdings. The newly established branch is called “CRYPTECH Capital” and it is responsible for building a new revenue base for the company built with a web3 focus. Rather than issuing commercial shares or opening stock bids to generate revenue for a…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. A few weeks ago, Jeffy Yu—the founder of a memecoin project called Zerebro (ZEREBRO)—appeared to take his own life on camera. Then his wallet started moving. Thankfully, Jeffy didn’t really pass away. It was a stunt, and while the backlash has been deserved, the reported motive behind it—wanting to escape harassment and blackmail—hit a nerve. I don’t condone it. But I do recognize the impulse to disappear. Crypto is chaotic. Public one day, gone the next. And…

Memecoins BONK, FARTCOIN, and NOBODY are all hovering at key technical levels, with recent price action hinting at possible bullish reversals if key resistance zones can be broken in the days ahead. Bonk (BONK) is currently trading around $0.000014, having recently tested the upper boundary of a months-long descending channel. The price is now pulling back and may soon retest the $0.000010 support level, which coincides with both the lower boundary of the descending channel and a key horizontal support zone. If BONK price holds that level and rebounds, it could form the second leg of a giant double bottom…

Analysts are betting big on altcoin exchange-traded funds (ETFs), signaling that a wave of approvals could be just around the corner. In a June 30 X post, Bloomberg ETF analysts James Seyffart and Eric Balchunas shared updated approval forecasts for several altcoin ETF proposals under SEC review.  The revised figures come as filings gain momentum and engagement between issuers and the regulatory watchdog picks up, boosting chances of approvals in the second half of the year. Still top of the list are Solana (SOL), Litecoin (LTC), and XRP (XRP), now each given a 95% chance of approval, up from 90%…

Nearly $2.5 billion worth of cryptocurrencies were stolen across 290 incidents in the first half of 2025, surpassing total losses recorded in 2024. According to CertiK’s latest Hack3d report shared with crypto.news, compromised wallets accounted for the largest share of losses, totalling over $1.7 billion across 34 incidents. Phishing attacks followed, siphoning more than $410 million in 132 cases, while code vulnerabilities led to losses exceeding $283 million across 114 incidents. Exit scams and price manipulation were less frequent during this period but were still notable, resulting in combined losses of nearly $20 million. Access control exploits accounted for $42…