Author: James Wilson

The decentralized stablecoin protocol recently hit by a multi-million-dollar exploit has presented a formal recovery plan to address the fallout. According to Resupply’s latest announcement, the recovery plan will focus on stabilizing the protocol’s finances and supporting affected users. At the core of the plan is a proposal to burn $6 million reUSD from the protocol’s insurance pool, which currently holds about $38.7 million. The exploit, which took place on June 25, 2025, resulted in losses reaching $10 million. Of this, the protocol emphasized that $2.87 million has already been repaid by the treasury and partners, leaving roughly $7.13 million.…

Spanish authorities, with Europol and international partners, arrested five suspects in a major operation targeting a €460 million crypto fraud network. On 25 June, the Spanish Guardia Civil, backed by Europol and law enforcement partners from Estonia, France, and the United States, executed coordinated raids that led to the arrests of five individuals behind one of Europe’s largest crypto fraud operations to date. Three arrests were carried out on the Canary Islands and two in Madrid. The group allegedly operated through a network of sales representatives worldwide who persuaded people to invest in fraudulent crypto schemes. They collected funds from…

The Blockchain Group has added 60 BTC to its Bitcoin stash following a series of recent capital raises, bringing its total holdings to 1,788 BTC. The Blockchain Group, Europe’s first Bitcoin Treasury Company listed on Euronext Growth Paris, has confirmed the acquisition of an additional 60 Bitcoin (BTC) for approximately €5.5 million, bringing its total BTC holdings to 1,788 BTC, valued at around €161.3 million. This was made possible through a combination of recent capital operations, including the conversion of warrants and new equity subscriptions. Notably, Blockstream CEO Adam Back subscribed to 2.1 million shares at €0.544 per share, contributing…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Solana and XRP prepare for potential breakouts, XYZVerse is stealing the spotlight with a fast-rising presale and bold ambitions to become the next 1,000x memecoin. Significant shifts are unfolding in the cryptocurrency arena. Solana is climbing after hitting a key support level, with optimism around exchange-traded funds fueling its rise. At the same time, XRP is poised for a major move that could send its value soaring to new heights. Adding to the excitement, XYZVerse is attracting attention…

ONDO price has recently bounced off its yearly low and is now edging closer to a critical resistance level, fueled by a series of recent developments on the fundamental front. Ondo Finance (ONDO) price is currently trading at $0.078, up 13% over the past week. The price recently rebounded from a yearly low of $0.62 on June 22, after briefly dipping below the lower trendline of the months-long descending channel on the 4-hour chart. As evident by the volume accompanying the rally from that low, strong buying pressure was present at that level, quickly pulling the price back within the…

OKX has released its 32nd proof-of-reserves report. As of June 14, the total BTC and USDT holdings held in user wallets have plummeted significantly compared to the previous month’s report. On June 30, the crypto trading platform released its 32nd proof-of-reserves report containing the number of assets held within its reserves compared to the number of assets deposited by customers. So far, all of its reserves exceed the 100% ratio. This means that the platform’s reserves for major tokens like BTC (BTC), ETH (ETH), SOL (SOL) and USDT (USDT) has surpassed the number of assets held in customer wallets. The…

Swedish gaming and web3 company Fragbite Group vows to establish a Bitcoin treasury to ‘future-proof’ its balance sheet. The firm has also appointed a dedicated director to oversee its Treasury operations. According to a recently published press release, the company’s Board of Directors has approved a new business strategy that would focus on managing its profits to invest some of its corporate funds into acquiring BTC (BTC). “The company views Bitcoin not only as a hedge against inflation, but as a global monetary network with the potential to radically transform the way companies store value,” wrote the company in its…

Despite strong institutional demand and steady inflows, Bitcoin has failed to break past the $100,000 mark in recent weeks, raising questions about what’s driving the stall. Weighing in on BTC’s (BTC) performance, Capriole Investments founder Charles Edwards said the sideways action reflects a major rotation between long-term holders and new institutional buyers. According to Edwards, many long-term Bitcoin holders, the “OGs,” have been offloading their positions since the launch of spot exchange-traded funds (ETFs) in January, dumping large portions of their holdings on Wall Street buyers. “People are wondering why Bitcoin has been stuck at $100K for so long,” Edwards…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Artificial intelligence is quietly reshaping every corner of modern life. From how we search the web to how we invest, learn, and vote, AI models now mediate some of our most critical decisions. But behind the growing convenience lies a deeper, more urgent concern: the public has no visibility into how these models work, what they’re trained on, or who benefits from them. This is déjà vu. We’ve lived through this before with social media, entrusting a…

Investor attention on U.S.-listed spot Bitcoin ETFs has remained strong in recent weeks, with the funds continuing to log billions in inflows as broader market sentiment improves. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded a combined $2.22 billion in net inflows between June 23 and 27. This figure marks their strongest weekly performance since May 23 and the longest streak of consecutive inflows since January 2025. BlackRock’s IBIT once again posted the highest inflows, pulling in $1.3 billion and outperforming the rest of the funds by a wide margin. Fidelity’s FBTC followed, recording approximately $504 million.…