Category: Industry Insights
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Crypto seed phrase, front-end hacks drive record losses in 2025: TRM Labs
TRM Labs reports $2.1B lost in crypto hacks in H1 2025, with infrastructure exploits like seed phrase thefts dominating. State-sponsored attacks, including North Korea’s $1.5B Bybit hack, drove record losses.
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GameStop’s $450M Raise Falls Flat — Bitcoin Bet Not Enough, Says Kronos Exec News ETHNews
GameStop raised $450M, totaling $2.7B in recent funding, to buy Bitcoin and support operations. Experts question the strategy, citing lack of long-term planning for sustained value.
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XRP and RLUSD Fuel Real-World Payments for 20 Million Merchants – Featured Bitcoin News
XRP and RLUSD gain real-world utility as AEON integrates them into 20 million merchant payment systems, expanding global digital economy access.
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$1 Billion On The Table: Tether Co-Founder Launches Crypto Investment Fund
Tether co-founder Reeve Collins and ex-Blackstone executive Chinh Chu aim to raise $1 billion via SPAC for a crypto fund investing in Bitcoin, Ethereum, and Solana, signaling institutional crypto adoption.
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Binance Founder Declares 0.1 Bitcoin the Future American Dream – Featured Bitcoin News
Binance’s founder suggests 0.1 Bitcoin could replace the American Dream as U.S. housing leaders consider BTC for mortgage reserves, signaling a shift in wealth perception.
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Asia Crypto News: Asia’s Banks Look to Stablecoins (USDC, USDT) to Prevent Deposit Flight
Asian banks are adopting stablecoins like USDT and USDC to prevent deposit flight and streamline cross-border transactions, with major institutions in Korea, Japan, and Hong Kong leading the charge.
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USDT on TRON Surpasses $80 Billion, Strengthening TRON’s Position as the Leading Stablecoin Network
USDT on TRON surpasses $80 billion, reinforcing TRON’s dominance as the top stablecoin network with over 50% of global USDT supply and leading transaction volumes.
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CoreWeave Returns With New $1B+ Bid for Core Scientific After Rejection
CoreWeave makes a new $1B+ bid for Core Scientific after previous rejection, causing Core Scientific’s stock to surge 27%. The AI cloud firm seeks to acquire the Bitcoin mining giant.
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Former Tether, Hut 8, Blackstone execs to launch $1B crypto treasury firm
Former executives from Tether, Hut 8, and Blackstone plan to launch a $1B crypto treasury firm via a SPAC, aiming for a diversified portfolio including Bitcoin, Ethereum, and Solana.
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Crypto Exchange Kraken Enters Payments Race With Krak App – Crypto News Bitcoin News
Kraken exchange launches Krak app for free global payments using crypto and fiat, targeting inefficiencies in traditional financial systems like high costs and slow transactions.
