Author: Yashika Gupta
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Hackers Target Users as $2.1B Stolen in 2025 Crypto Attacks
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In a troubling but revealing shift, hackers in 2025 have increasingly turned away from exploiting code vulnerabilities and are instead targeting crypto users directly. According to the latest report from Web3 cybersecurity firm CertiK, over $2.1 billion has been stolen this year through crypto attacks, the majority of which stem from social engineering schemes rather…
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NBX Surges 138% on Bitcoin Treasury Plan
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In a powerful vote of confidence for Bitcoin’s role in corporate finance, the Norwegian Block Exchange (NBX) saw its stock surge by over 138% on 2 June following the announcement of its new Bitcoin treasury strategy. The Oslo-based cryptocurrency platform revealed it had purchased 6 Bitcoin valued at approximately $633,700 and plans to expand its…
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Crypto Under Siege: France Grapples with Wave of Abductions Targeting Industry Leaders
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A disturbing wave of kidnappings and attempted abductions targeting high-profile figures in France’s cryptocurrency sector has led to the charging of 25 suspects, including six minors, according to prosecutors in Paris. The chilling developments have prompted urgent action from French authorities, raising alarm over the personal safety of crypto entrepreneurs whose fortunes and fame have…
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BitoPro Confirms $11.5M Hack Weeks After Wallet Breach
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In a major blow to crypto security in 2025, Taiwan-based cryptocurrency exchange BitoPro has confirmed a $11.5 million hack, weeks after on-chain sleuth ZachXBT raised concerns about suspicious wallet outflows. The breach, which reportedly occurred during a wallet system upgrade, went unreported to the public for over three weeks, prompting criticism from users and raising…
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UK Lays Foundations for Crypto Future with Ambitious FCA Reforms
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The UK’s Financial Conduct Authority (FCA) has taken a decisive step toward becoming a global hub for digital finance by unveiling a comprehensive new framework for regulating cryptoassets. Spanning over 350 pages, the two consultation papers CP25/14 and CP25/15 propose a robust, institutional-grade regime that aims to bring clarity, stability, and investor confidence to the…
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US Sanctions Filipino Tech Firm Over Role in Crypto Scam Network
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The United States Treasury Department has imposed strict sanctions on a Philippines-based technology company, Funnull Technology, and its alleged administrator, Chinese national Liu Lizhi. According to the Treasury’s Office of Foreign Assets Control (OFAC), Funnull is a critical enabler of a massive global crypto scam network responsible for over $200 million in losses. The network…
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Crypto Groups Urge SEC to Rethink DAO Oversight
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In a bid to influence the evolving regulatory stance on digital assets, two prominent crypto advocacy groups, the DeFi Education Fund and the Uniswap Foundation have urged the U.S. Securities and Exchange Commission (SEC) to take a more nuanced approach to regulating decentralised autonomous organisations (DAOs). The groups argue that DAOs, if sufficiently decentralised, should…
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Trump Administration Clears Path for Crypto in 401(k) Plans
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In a major policy shift, the Trump administration has officially rescinded Biden-era guidance that restricted the inclusion of cryptocurrency and related digital assets in 401(k) retirement plans. This move by the U.S. Department of Labor has reignited a heated debate around the prudence of allowing volatile digital assets like Bitcoin, NFTs, and meme coins into…
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Apex Fusion Unveils Blockchain-Based Reputation System to Power Real Web3 Engagement
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Apex Fusion, a multi-chain Web3 ecosystem, has officially launched its much-anticipated Reputation System, a powerful on-chain tool designed to distinguish genuine users from bots and Sybil attackers. The system, which rewards real participation across blockchain platforms, is now available to the entire Apex Fusion community following a successful beta phase. With its focus on transparency,…
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XRP Spot ETF Inches Closer to U.S. Approval
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The United States Securities and Exchange Commission (SEC) has formally commenced its review of the WisdomTree XRP Trust, a proposed spot exchange-traded fund (ETF) that would provide U.S. investors with direct exposure to XRP through traditional brokerage accounts. This development represents a significant step forward for both XRP and the broader digital asset market, marking…