New York law enforcement has seized over $440,000 in stolen cryptocurrency as part of an ongoing multi-agency investigation into a sophisticated crypto scam that preyed on Russian-speaking communities through deceptive Facebook ads. The fraudulent scheme, which reportedly caused over $1 million in losses in Brooklyn alone, lured hundreds of victims into investing in fake cryptocurrency…
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Ledger Flex Solana Edition Enters Community: Exclusive Phase 3 Launch
Ledger, a popular hardware wallet company, started the third stage of a phased rollout for its latest limited-edition wallet. From June 12 to 26, 2025, users with SOL holdings can exclusively purchase the Ledger Flex Solana Edition device bundled with a Magnet Folio, a $20 SOL voucher, and an exclusive SBT (SoulBound Token). Earlier this…
Iran’s Nobitex Exchange Faces Renewed Threat After Hackers Leak Core Code
The fallout from the $100 million Nobitex exchange hack continues to deepen as hackers release the platform’s full source code, exposing users to further risk amid an already fragile security situation. Key Takeaways: Hackers leaked Nobitex’s full source code, putting remaining user assets at risk. The $100M breach was politically motivated, with attackers burning most…
Introducing the ELLIPAL X Card: The Secure Cold Wallet With a User-Friendly Design
When ELLIPAL’s founders encountered difficulties using hardware wallets back in 2018, they vowed to create the ultimate cold wallet device that would revolutionize crypto usability and safety. Recently, the leading hardware wallet company released the ELLIPAL X Card, a cold wallet designed for a secure and straightforward token management experience. With cryptocurrency adoption booming in…
Why Is Crypto Down Today? – June 19, 2025
The crypto market is down today, but the situation has improved since yesterday. Nearly 30 of the top 100 coins have recorded increases over the past 24 hours. Moreover, the cryptocurrency market capitalization has decreased by 2.3% over the past day, now standing at $3.38 trillion. The total crypto trading volume is $101 billion, somewhat…
Bitget Obtains Regulatory License in Georgia, Accelerating Onchain Push Across Eastern Europe
Cryptocurrency exchange and Web3 company Bitget has secured regulatory approval to operate in Georgia, reinforcing its commitment to expanding across Eastern Europe. The license, granted through the Tbilisi Free Zone (TFZ), allows Bitget to offer digital asset exchange and custodial wallet services under the country’s forward-leaning regulatory regime. The move reflects a strategic effort to…
Pakistan Army Chief, Trump Discuss Crypto at White House Lunch: Report
US President Trump expressed keen interest in crypto at the ‘historic’ White House lunch with the army chief of Pakistan, Field Marshal Asim Munir. According to the Inter-Service Public Relations (ISPR), the media and PR relations wing of the Pakistan armed forces, both the heads discussed economic development and crypto. “Discussions also encompassed avenues for…
Coinbase Debuts Crypto Checkout System, Allowing Merchants to Accept USDC Instantly
Coinbase has entered the retail payments arena with the launch of Coinbase Payments, a new infrastructure aimed at making USDC stablecoin transactions seamless for merchants. Key Takeaways: Coinbase Payments allows merchants to accept USDC instantly without managing blockchain infrastructure. The platform features a wallet-friendly checkout, smart contract escrow, and API-based merchant tools. With Shopify already…
Treasury Chief Bessent Declares ‘Crypto is Not a Threat to the Dollar’ as GENIUS Act Near Approval
Treasury Secretary Scott Bessent has boldly declared that crypto poses no threat to the U.S. dollar’s global dominance, arguing that stablecoins can actually “reinforce dollar supremacy,” as the GENIUS Act moves toward final approval. The Treasury chief declared that digital assets are “one of the most important phenomena in the world right now” while criticizing…
Iran Limits Crypto Trading Hours After Pro Israel Hackers Hit Top Domestic Exchange
Iran’s central bank has reportedly ordered all domestic crypto exchanges to restrict their operating hours, following a cyberattack that drained over $90m from the country’s largest crypto trading platform. The new rule, which limits trading to between 10am and 8pm, appears to be a direct response to the hack on Nobitex, the Tehran-based exchange that…