Author: Alice Monroe

In 2025 on June 21st, CoinMarketCap had a security breach which sent shockwaves through the crypto space. A malevolent code was added to the very used tracking platform by the hackers. Consequently, this presented phony “Verify Wallet” popups to the users. The pop-ups were made to look like the real wallet requests. This tricked users into handing over their token access. The phishing attack played on CoinMarketCap’s trust. As a result, users saw their ERC-20 tokens drained. Within 3 hours, the team at CoinMarketCap had removed the injected code following the breach. They also issued a report. “We have identified…

Nakamoto Holdings has seen success in a huge $51.5 million PIPE deal which they pulled off in less than 3 days time thus far into their Nakamoto bitcoin treasury expansion plan. Led by Bitcoin Magazine CEO David Bailey, a member of Donald Trump’s crypto advisory team, this move is what is fuelling in large part the institution’s interest in Bitcoin as a treasury asset. This new investment brings to $763M total for Nakamoto which includes past convertible notes. Also with large strategic investors on board the company has stood out for its aggressive growth in the crypto space. Nakamoto’s Bitcoin…

In the news, a new Defi project has put forth Web3SOC that is setting security and governance standards for decentralized finance. The June 20, 2025 announcement saw the launch of this initiative. It also noted the presence of key players like Uniswap Labs, Morpho, and Maple Finance. Additionally, security heavyweights Cantina and Secureum are engaged in the new defi venture. This project is to study the adoption of DeFi protocols into the current structure of institutions. It puts forward a self-assessment tool for projects and a due diligence framework for investors. Traditional SOC frameworks are adapted for crypto markets in collaboration…

Bloomberg’s analysts have put out a report which is very positive for Altcoin ETFs. They have revised their numbers up XRP, Dogecoin, and Cardano all have a 90% or greater chance of approval. Bloomberg anticipates Altcoin ETFs receiving approval, especially for XRP, which heads the list at 95%, followed by Dogecoin and Cardano at 90%. Other altcoins such as Solana and Litecoin report a 95% chance. For Avalanche and Polkadot that number is also up to 95%. Hedera is still doing very well at 90%. There is positive interaction with the SEC regarding Bloomberg’s report on Altcoin ETF approvals. Bloomberg Crypto…

Kraken reports to have rolled out Bitcoin staking via a partnership with Babylon Labs. Users can now stake their BTC directly staking here which doesn’t require wrapping, lending, or bridging. This is a large step forward in the world of Bitcoin based finance also known as BTCFi. Through the lens of Babylon’s protocol, which is the framework here, what happens is that Bitcoin stays put in the Bitcoin blockchain but at the same time is made available for use in proof of stake networks. Full transparency of this process through the use of on chain Bitcoin scripts. In the Kraken…

Elon Musk has rolled out X, which has now fully integrated into the fintech space. CEO Linda Yaccarino said the app will include trade, investment, and payment features.This is also the move which sees the introduction of X Money, our digital wallet. It is powered by Visa and will include instant transfers, peer-to-peer payments, and even crypto tips. This development is part of Musk’s grand vision to turn X into the go-to super app, similar to WeChat in China. This year X is put into competition with players like PayPal, Robinhood, and Venmo. It is a bold step that aims…

Telegram CEO Pavel Durov will be going to Dubai. French authorities have given him permission to do this from the 10th of July 2025. This is his second authorized travel, which comes after his August 2024 arrest. French authorities had issued a ban on his international travel as he stands trial for what they say are serious charges. These include use of the Telegram platform for illegal activities. Despite very strict judicial supervision, a judge still ruled in Durov’s favor to visit Dubai, which is home to Telegram’s global headquarters. But he must report to the court in advance. His…

South Korea’s crypto space is seeing great change, especially with the potential introduction of a South Korea spot Bitcoin ETF. In early July 2025 FSC released a timeline of events for the approval of spot Bitcoin ETFs. It also includes the approval of win based stable coins. The plan also includes President Lee Jae-myung wanting to push out crypto adoption. He aims to include more in the financial system. The FSC has put forth a very different position. In the past, it was to ban crypto ETF’s due to issues of financial stability. Now the government is to legalize these…

Polygon has given birth to a new open source project ZisK. At the helm is Ethereum OG Jordi Baylina which they also brought in for the fresh venture which has poached the core polygon zkEVM prover developers. This comes after Polygon’s strategic change in focus under CEO Sandeep Nailwal which is moving away from zkEVM into PoS scaling and AggLayer. Baylina has brought to life ZisK which now is home to all zkEVM intellectual property and will do business as SilentSig Switzerland GmbH Baylina will still be connected to Polygon. This move is to free up the team to focus on zero…

Hackers dealt a blow to Iran’s crypto space on June 18, 2025, by targeting Nobitex, the country’s primary crypto exchange. The Iran Nobitex crypto cyber attack reportedly affected $100 million in various cryptocurrencies, including Bitcoin, Ethereum, and Solana, which they later drained and destroyed. The groups which carried out the attack went by the name of Gonjeshke Darande (Predatory Sparrow). They used custom made blockchain addresses which had anti-IRGC messages. Money was not the motive, it was political. Security experts report that the attack was of nation state level sophistication which they think included Israeli affiliated operations. Just in the…