Author: Cointelegraph by Ezra Reguerra
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Indian politician calls for Bitcoin reserve pilot as US embraces BTC
Indian BJP spokesperson Pradeep Bhandari advocates for a Bitcoin reserve pilot, citing global trends and India’s renewable energy potential, while highlighting current crypto tax policies.
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Stablecoin protocol Resupply loses $9.6M to price manipulation exploit
DeFi protocol Resupply lost $9.6M due to a price manipulation exploit in its wstUSR market, involving synthetic stablecoin cvcrvUSD. The attacker used minimal collateral to borrow funds, swapped to ETH, and split across addresses.
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Fuzzland says ex-employee was behind $2M Bedrock UniBTC exploit
Fuzzland identified a former employee as responsible for a $2M exploit on Bedrock’s UniBTC protocol, using social engineering and malicious code. Compensation was paid, and security enhancements are underway.
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‘Bitcoin Family’ revamps security after crypto crime wave
The ‘Bitcoin Family’ has enhanced their crypto security by splitting and encrypting private keys across continents amid rising violent crypto crimes, adopting cold storage and multisignature protocols.
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Dubai real estate sales hit $18B in May amid tokenization push
Dubai’s real estate market hit $18.2B in May 2025, with a 44% YoY value surge and 6% transaction increase, signaling readiness for property tokenization and fractional ownership innovation.
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Bitcoin DeFi platform Alex Protocol loses $8.3M to exploit
Bitcoin DeFi platform Alex Protocol lost $8.3M due to an exploit in its self-listing verification logic, affecting multiple asset pools. The team plans full reimbursement using treasury reserves.
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Musician made $3M selling NFTs and lost it all to taxes and a crypto crash
Musician Jonathan Mann made $3M selling NFTs but lost it all due to taxes and a crypto crash. His ETH holdings plummeted, leaving a $1.1M tax bill. He sold a rare Autoglyph NFT to cover the debt.
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Trump touts memecoin as sentiment gauge as $520M unlock nears
Donald Trump suggests his official memecoin reflects public sentiment about his leadership, despite its 85% price drop. A $520M token unlock in July may further impact its value.
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Moonbirds NFT sales surge after Yuga Labs sells IP
Moonbirds NFT sales surged after Yuga Labs sold its IP to Orange Cap Games, with weekly sales up 2,525% and monthly sales increasing 43%, making it the seventh-ranked NFT collection.
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Singapore orders local crypto firms to cease overseas activity by June 30
Singapore’s central bank mandates local crypto firms to halt overseas services by June 30, 2025, with fines up to $200,000 for non-compliance, under new AML/CFT regulations.
