US charges 2 men over $650M OmegaPro crypto scam
US prosecutors charged two men for allegedly running the crypto fraud scheme OmegaPro, which promised 300% returns to investors.
Month: July 2025
New Zealand Bans Crypto ATMs, Caps Transfers in AML Regime Shake-Up
With 221 machines nationwide, New Zealand joins countries reining in crypto kiosks over rising financial crime concerns.
Inside North Korea’s Hiring Scams Targeting Crypto Firms
Companies and recruiters are warning that North Korea is hiring Europeans as fronts for job interviews, and the problem is only getting worse.
European VC breaks taboo by investing in pure defense tech from Ukraine’s war zones
With a fundraising target of €25 million, Darkstar’s goal is to help startups bring battle-tested products to military customers both in Ukraine and throughout Europe.
XRP Clears $2.28 on Breakout Volume, Eyes $2.30 on Ripple’s Banking Charter Push
Ripple’s push for a U.S. banking license has reignited bullish momentum for XRP, fueling a high-volume breakout above the $2.28 resistance level and setting up a potential test of $2.38 — a level that, if breached, could trigger a larger upside move. News Background Ripple’s application for a national trust bank charter with the U.S. … Read more
Dogecoin Flashes Bullish Continuation After Bounce at 16-Cents on Six Times Higher Volume
Dogecoin surged 5% in the last 24 hours, climbing from $0.163 to $0.171 amid rising institutional accumulation and a technical breakout above key resistance. The most aggressive price action came between 12:00 and 13:00 UTC on July 6, when DOGE jumped from $0.166 to $0.173 on massive volume exceeding 1.14 billion — nearly 6x its … Read more
Bitcoin lacked mass media coverage in Q2: Report
Major news outlets The Wall Street Journal, the Financial Times and The New York Times published just 13 articles on Bitcoin in Q2, according to research from Perception.
Bitcoin, Ether, Solana, XRP ETFs See Record AUM as Traders Warn of ‘Summer Lull’
Bitcoin is holding firm near $108,700 even as traditional markets recoil from renewed trade tensions sparked by Donald Trump. The U.S. president signaled plans to hike tariffs on imports, potentially as high as 50%, citing ongoing friction with the European Union over tech regulations. The rhetoric sent Asian equities lower for a third time in … Read more
Grok Glitch Inspires Wave of ‘MechaHitler’ Meme Coins
Rogue AI hallucinations by Grok have given rise to new crypto memes as well as associated tokens on Solana and Ethereum.
Crypto traders ‘starting to salivate’ as Bitcoin inches back toward $110K
Santiment says the ratio of bullish to bearish Bitcoin comments on social media has hit a three-week high as traders grow more optimistic about Bitcoin breaking above $110,000.
US sanctions North Korean tech worker crew over crypto thefts
TRM Labs said North Korea is moving away from hacks to focus more on deception-based revenue generation, such as planting IT workers in US companies.
Goblintown Heads to the Trenches With Solana Meme Coin Launch
The creator of Ethereum NFT collection Goblintown thinks there’s a better way to launch meme coins—and it just did so with GOB on Solana.
Polymarket Rules ‘No’ on $237M Controversial Bet Over Zelenskyy’s Suit
Discontent over the market’s resolution has reignited scrutiny of UMA’s dispute system and the influence of large Polymarket stakeholders.
Asia Morning Briefing: Bitcoin Stalls Near $109K as Market Waits for a Catalyst
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.As Asia begins its Wednesday trading day, bitcoin (BTC) continues to trade … Read more
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Grok stops posting text after flood of antisemitism and Hitler praise
On Tuesday, X users observed Grok celebrating Adolf Hitler and making antisemitic posts, and X owner xAI now says it’s “actively working to remove” what it calls “inappropriate posts” made by the AI chatbot. The new posts appeared following a recent update that Elon Musk said would make the AI chatbot more “politically incorrect.” Now, … Read more
Some of our favorite headphones are steeply discounted for Prime Day
The Sonos Ace are available for $299 — their best price to date — for a limited time. Amazon’s latest Prime Day sale has officially begun, and we’ve already highlighted nearly 200 of our favorite deals in our main roundup, including cheap charging accessories, robot vacuums, and some of the best prices we’ve seen to … Read more
Meet ‘MechaHitler:’ Grok’s New Disturbing Persona
Grok maker xAI quietly updated its chatbot to assume all media is biased, relying on X, a platform known for misinformation.
Grok 4 Drops Tomorrow—Here’s How Musk’s AI Might Steal GPT-5’s Thunder
The latest xAI model promises specialized coding capabilities, benchmark-beating reasoning, and something GPT-5 doesn’t have: availability.
Confirmed: Nintendo’s Switch 2 can work with existing docks and webcams after replacing their firmware
Over the last two weeks, I’ve sought to uncover why the Nintendo Switch 2 didn’t work with a host of USB-C accessories that worked perfectly fine with other devices, including third-party docks and some of the best-reviewed webcams. But today, I have first-hand confirmation that existing gadgets can work – as long as their manufacturers … Read more
Why Ethereum Layer-2 Arbitrum Is Built to Power AAA Games: Offchain Labs CEO
The flexibility of Arbitrum’s tech stack should make the layer-2 network a go-to for game developers, Offchain Labs CEO Steven Goldfeder said.