Taiko Fully Restores Network After Bridge Exploit

Ethereum layer-2 blockchain Taiko reopened its bridge and restored full operations after a June exploit drained up to $1.7 million.  On Thursday, Taiko announced that users could once again move funds to and from the network after completing the final stage of its four-step recovery plan. The project said it had made all victimized users…

Donald Trump Says ‘Nothing Wrong’ with $1.4B Crypto Windfall While in Office

US President Donald Trump has responded to criticism of his 2025 financial disclosures, showing that he earned $1.4 billion in income from crypto-related ventures while in office. In a Thursday interview with CNBC’s Joe Kernen, Trump said that there was “nothing illegal” and “nothing wrong” with profiting from his crypto investments as president. He claimed…

Bitcoin Realized Profit Loss Ratio Falls to 43-Month Low

Bitcoin’s realized profit and loss ratio has fallen to a 43-month low of -0.35, a figure that signals extreme market-wide loss conditions but has historically coincided with market bottoms, blockchain analytics platform CryptoQuant said. The Bitcoin realized P&L ratio — which measures the net percentage of Bitcoin (BTC) in profit or loss relative to total…

Inside the fierce data dispute over whether a sanctioned Russian crypto token is actually working to evade Western blocks

“We truly don’t think there is large-scale, authentic usage of A7A5 outside of A7,” Keegan said in an email, referring to the token’s issuer. He added that transaction volumes routinely collapse on weekends because much of the activity appears tied to business-to-business transfers involving the Russia-linked exchange Grinex. Meanwhile, Tom Robinson, co-founder of another blockchain…

OFAC Sanctions 134 ISIS-K Crypto Wallet Addresses as Tether Freezes Funds

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 134 cryptocurrency wallet addresses identified as belonging to ISIS-Khorasan (ISIS-K), which has been a Specially Designated Global Terrorist since September 2015. The wallet addresses were added to the OFAC’s Specially Designated Nationals (SDN) list on Wednesday, which includes individuals, entities and digital…

US Senator Calls for Ban on Elected Officials Issuing Memecoins

Senator Kirsten Gillibrand, one of the US lawmakers behind negotiations for a digital asset market structure bill in Congress, has proposed barring elected officials and the president from issuing or sponsoring their own tokens, citing President Donald Trump’s and First Lady Melania Trump’s memecoins. In a Friday notice, Gillibrand said that Congress should support measures…

Bitcoin Eyes Independence Day at New July High as 200-week Trend Line Nears

Bitcoin (BTC) saw new July highs on Friday as bulls kept pushing over the US holiday period. Key points: Bitcoin sustains upside momentum as BTC price action nears its 200-week moving average. That trend line now forms the centerpoint of a “strong resistance area.” Global equities hit record levels as Fed rate-hike odds simmer on…

Zcash Ironwood Timeline Pressured by Software Migration

Shielded Labs has raised the possibility of delaying Zcash’s Ironwood network upgrade, warning that ecosystem participants like exchanges, mining pools and wallets may not have enough time to prepare their systems for the planned activation in late July.  Jason McGee, executive director of Shielded Labs, said in a Zcash community forum post that two major…

EU Enters MiCA Enforcement Phase for Crypto Companies

The European Union’s cryptocurrency industry has entered a new enforcement phase as the transition period under the Markets in Crypto-Assets (MiCA) regulation came to an end. The end of the transition means crypto companies without MiCA authorization can no longer legally serve EU clients and are expected to wind down operations or face multimillion-euro fines…

Bitcoin Can Still Go Lower as Supply Metric Prints First ‘Buy’ Signal in 4 Years

Bitcoin (BTC) has added another bear-market bottom signal this month as analysis draws comparisons to November 2022. Key points: Bitcoin adds to its list of bear-market bottom signals with a key supply ratio “buy” trigger. A bear-market floor could still be some time off, analysis says, with supply held at a loss still relatively low….