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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) prosecuted 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... -
Tether Teams Up with Zanzibar to Boost Blockchain Literacy for 1.9M Residents
Tether, the world’s largest stablecoin issuer, has signed a major agreement with the Zanzibar e-Government Authority (eGAZ) to launch a region-wide initiative to boost digital asset literacy and financial innovation. This MoU makes Zanzibar a blockchain education hub in East... -
Circle Applies for U.S. National Trust Bank to Directly Oversee USDC Reserves
On June 30, Circle, the issuer of the USDC stablecoin, submitted an application to establish a national trust bank in the United States. If the Office of the Comptroller of the Currency (OCC) approves the application, the proposed First National... -
South Korea Delays CBDC as Banks Bet on Stablecoins
A Bloomberg report revealed that South Korea paused its central bank digital currency (CBDC) trials to fast-track the launch of Korean won-pegged stablecoins, shifting regulatory focus away from Project Han River’s upcoming rollout phase to prioritize private token issuance. https://twitter.com/pete_rizzo_/status/1939412759172579528... -
Argentina Achieves Record Q1 2025 Growth, Investment Surge, and Lowest Inflation Since 2020
Argentina’s economy grew by an impressive 5.8% in the first quarter of 2025, beating China’s 5.4% growth and marking its best quarterly performance since 2022. This strong economic recovery was confirmed by INDEC, the country’s official statistics agency. The growth...