Crypto hacks are a wake-up call for DeFi
Crypto hacks in 2025 highlight urgent security needs for DeFi and CEXs, with $2.1B stolen. Experts call for collaboration, risk management, and self-regulation to combat rising threats.
SEC considers allowing crypto ETFs to launch without 19b-4 filing
The SEC may allow crypto ETFs to launch without 19b-4 filings, streamlining approvals via generic listing standards based on market metrics like liquidity and trading volume.
XRP, Solana, LTC ETF Approval Odds Raised To 95% By Bloomberg
Bloomberg analysts raise XRP, Solana, and Litecoin ETF approval odds to 95% by end of 2025, citing positive SEC engagement and upcoming Grayscale decision.
Kraken, Robinhood-backed MiCA-compliant Global Dollar stablecoin lands in EU
The Global Dollar (USDG) stablecoin, backed by Kraken and Robinhood, launches in the EU with MiCA compliance. Issued by Paxos, it offers one-to-one redemption and adheres to strict reserve requirements.
Competition heats up as crypto exchanges vie for European market
Crypto exchanges like OKX, Coinbase, Bybit, and Crypto.com are securing MiCA licenses in Europe, fostering competition under unified regulations. MiCA provides clarity but poses compliance challenges, with potential for market consolidation.
ZachXBT deletes call out of Ripple RLUSD adoption but questions trust
Blockchain investigator ZachXBT criticized Ripple’s RLUSD and Circle’s USDC, questioning their adoption and compliance. RLUSD’s growth was defended by an XRP supporter, while USDC faced allegations of illicit fund movement.
Connecticut governor signs law blocking state from establishing Bitcoin, crypto reserves
Connecticut Governor Ned Lamont signed HB 7082 into law, prohibiting the state from purchasing, holding, or investing in Bitcoin and other cryptocurrencies, and banning crypto payments to state entities.
Grayscale’s GDLC Eyes July 2 Verdict on Cardano ETF Bid (
The SEC will rule on Grayscale’s GDLC ETF, which includes Cardano (ADA), on July 2. Analysts predict a 90% chance of approval by year-end, potentially boosting ADA’s price as whales accumulate.
South Korea halts CBDC plans, shifting focus to bank-led stablecoins
South Korea suspends its CBDC pilot, ‘Project Han River,’ due to high costs and lack of profitability, shifting focus to a bank-led stablecoin initiative supported by major financial institutions.
Feds Charge Man With $1.7M Scheme to Convert Fake Checks Into Bitcoin – Decrypt
FBI charges Tushal Rathod with wire fraud and money laundering for a $1.7M scheme involving fake checks and business email scams, converting $1.2M to Bitcoin.
