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Robinhood Under Investigation by Florida and Europe for Misleading Crypto Marketing and Tokenized Stock Offerings
Robinhood is under mounting regulatory pressure after the Florida Attorney General’s office launched a probe into its cryptocurrency business, just days after a separate investigation in Europe. The latest scrutiny adds significant weight on the trading platform, raising concerns among... -
Crypto ATM Scams Cost Tasmanian Victims A$2.5 Million
Tasmania’s top 15 users of cryptocurrency ATMs have lost a combined total of A$2.5 million (around $1.6 million) to scams, according to a July 11 report from Tasmania Police. Of that amount, more than a third (approximately A$592,000) was funneled... -
U.S. Spot Bitcoin ETFs Blow Past $50 Billion Milestone
U.S. spot Bitcoin exchange-traded funds (ETFs) have exceeded $50 billion in net cumulative inflows. They achieved this milestone only 18 months after launching in January 2024. BlackRock’s IBIT and Fidelity’s FBTC led this growth, and their success shows how quickly... -
US Treasury Sanctions North Korean, Russian Operatives for Funding Missile Programs Through IT Work
On July 8, the U.S. imposed sanctions on North Korean and Russian individuals and entities involved in IT worker schemes that help fund the Democratic People’s Republic of Korea’s (DPRK) nuclear and missile programs. Malicious Code Planted by IT Workers... -
Truth Social Parent Company Seeks SEC Approval for 75/25 Bitcoin-Ethereum ETF
On July 7, the Securities and Exchange Commission (SEC) confirmed the acceptance of Truth Social's spot Bitcoin and Ethereum ETF, which was originally filed on June 16, 2025. The July 7 filing disclosed that the dual ETF will be listed... -
UK Court Sentences Duo in $2 Million Cold-Calling Crypto Fraud Case
On July 4, the UK’s Financial Conduct Authority (FCA) sentenced Raymondip Bedi and Patrick Mavanga for running a cold-calling crypto fraud that defrauded at least 65 victims of over £1.5 million (approximately $2.1 million). The two men used fake investment... -
Bitcoin Miners Curtail June Output Amid Grid Constraints and Weather Pressures
Bitcoin miners reported a drop in Bitcoin (BTC) production in June, strategically cutting output by 12%–25% to manage power costs and mitigate disruptions from extreme weather. June Curtailments Reflect Tactical Power Management and Weather Disruptions Texas-based miners implemented “economic curtailment”... -
Ripple Applies for US Banking License After Circle
Ripple is expanding its operations into banking to deepen its traditional finance ties. This latest development was revealed by Ripple CEO Brad Garlinghouse, who confirmed on July 2 that the company is applying for a national bank charter from the... -
Rivian Stock Falls After Reporting Sharp Fall in Q2 Deliveries
Rivian stock (NYSE: RIVN) is trading sharply lower today after the company reported a 22.7% fall in its Q2 deliveries. Here are the key takeaways from the report and how it stacks against other electric vehicle (EV) companies. Rivian delivered... -
Crypto Hacks Drop 52% in Q2 2025, But $2.47B Lost in H1 Signals Rising Threats
The first half of 2025 marked a troubling milestone for the cryptocurrency sector. Hackers, scammers, and exploiters stole $2.47 billion in losses across 344 incidents, surpassing the total 2024 Crypto hacks in six months. According to CertiK’s report on July...
