US Sanctions North Korea IT Worker Crypto Fraud Ring

The US Treasury has sanctioned two people and four entities involved in what it says was a North Korea-run IT worker ring that would infiltrate crypto companies, aiming to exploit them. The Treasury’s Office of Foreign Assets Control (OFAC) said on Tuesday that it sanctioned the North Korea-based Song Kum Hyok for allegedly stealing US…

Crypto Exchanges Exposed to $1B in Huione-linked USDT outflows

Major centralized exchanges (CEXs) have been exposed to nearly $1 billion in USDt transfers linked to wallets associated with Huione since its illicit marketplace was supposedly shut down, according to new data from Global Ledger. On May 1, the US Financial Crimes Enforcement Network (FinCEN) designated Huione as a primary money laundering concern under the…

ETH Accumulation, 12-Week Ether ETF Inflows May Spark Rally

Key point: Ether’s (ETH) price has been in a range for several days, but institutional investors seem to be silently accumulating. Ether exchange-traded products (ETPs) recorded $225 million in inflows for the trading week ended Friday, according to CoinShares data. It was the 11th successive week of inflows into Ether ETPs. Could sustained buying into…

OFAC’s Dropped Sanctions Against Tornado Cash Can’t Come Up at Trial, Judge Says

NEW YORK, New York — The U.S. Treasury Department’s Office of Foreign Asset Control’s (OFAC) sanctions against privacy tool Tornado Cash cannot be discussed at the upcoming trial of developer Roman Storm, a federal judge ruled Tuesday. At a status conference in Manhattan on Tuesday, District Judge Katherine Polk Failla initially waffled on whether she…

$31B Stablecoin Balance At Binance Points To Altcoin Season

Key takeaways: USDT and USDC balances on Binance hit a record $31 billion in June 2025. One analyst sees the reserve build-up as a “brewing liquidity explosion,” with investors waiting for clear altcoin trading opportunities. Over the past 90 days, Bitcoin dominance has steadily declined, hinting at a potential shift toward altcoins. According to crypto…

What Happened In Crypto Today

Today in crypto, a Japanese CEO will take his salary in Bitcoin to align with shareholders as the firm adopts a BTC treasury strategy. Metaplanet plans to use its Bitcoin reserves to buy cash-generating businesses, while Coinbase’s lobbying arm is pushing lawmakers to fast-track the CLARITY Act, which would give the Commodity Futures Trading Commission…

$31B Stablecoin Balance At Binance Points To Altcoin Season

Key takeaways: USDT and USDC balances on Binance hit a record $31 billion in June 2025. One analyst sees the reserve build-up as a “brewing liquidity explosion,” with investors waiting for clear altcoin trading opportunities. Over the past 90 days, Bitcoin dominance has steadily declined, hinting at a potential shift toward altcoins. According to crypto…

Charts Hint At Brewing Bitcoin Rally To New All-time Highs

Key point: Bitcoin is finding support at $107,245, showing investor sentiment remains positive, and every minor dip is being purchased. Bitcoin (BTC) is attempting to bounce off the moving averages, indicating buying on dips. Although the price is just below the all-time high of $111,980, it is not yet in the overvalued zone. CryptoQuant contributor…

Blockchain Restores Women’s Power In AI

Opinion by: Lisa Loud, executive director at Secret Network Left unchecked, algorithms will replay yesterday’s prejudices at machine speed, sidelining half the workforce and entrenching wage gaps for a generation. A fresh warning from the International Labour Organization shows the danger in high-income economies where almost 10% of jobs held by women face disruption from…

Ethereum’s’ Mega Whales’ Accumulation Double That Preceded 95% ETH Rally In 2022

Key takeaways: Ethereum mega whales have increased their holdings by 9.31%, a stronger buildup than before the 2022 rally. ETH is consolidating inside a bull pennant, with a breakout potentially targeting $3,400 by August. Ethereum wallets holding at least 10,000 Ether (ETH) are ramping up accumulation faster than before the 95% rally in mid-2022. Ether…