• Blockchain

    Vitalik Proposes New EIP To Enhance Ethereum’s Performance

    July 7, 2025 - By 

    Quick Takeaways Imagine paying a $100 transaction fee to send crypto from your crypto wallet to a receiver with an Ethereum address. Often this transaction fee is higher which is also why many users have moved to blockchains that are faster, cheaper and secure.  Vitalik Buterin – the brain behind Ethereum blockchain has authored EIP – 7983 along with researcher Toni Wahrstätter. This proposal will be implemented on the entire blockchain (protocol wide) for absolute decentralization, which happens to be the most important virtue of blockchain technology.  So Does ETH Transactions Will Cost 16.77 Million? No, the improvement proposal devised…

  • uae denies ton golden visa
    Hack & Scam

    UAE Denies Golden Visas for Crypto Holders 

    July 7, 2025 - By 

    In a joint statement, the UAE Federal Authority for Identity, Citizenship, Customs and Port Security, the Securities and Commodities Authority, and the Virtual Assets Regulatory Authority said golden visas are not provided just because individuals are in possession of digital assets. This followed the blockchain attached to Telegram, The Open Network (TON), announcing a fresh deal. TON said individuals could receive a 10-year UAE golden visa after staking three years for $100,000 worth of Toncoin (TON) and paying a processing fee of $35,000. The visa process would be accomplished in under seven weeks with all the paperwork being taken care…

  • belgian court sentences crypto scams
    Regulation

    Crypto Crime in Belgium: Kidnapping, Robbery, and Rescues

    July 6, 2025 - By 

    A court in Belgium has sent three people to prison for kidnapping the wife of a local crypto businessman, Stéphane Winkel. On Thursday, local media said that the Brussels Criminal Court gave each kidnapper 12 years in prison, and according to the report, the case also involves a minor, who is being handled separately by a juvenile court. Besides the prison sentences, the court told the three kidnappers to pay at least 1 million euros (about $1.2 million) to the victim as compensation. A Hollywood-style rescue and Unknown MastermindThe crime happened in December 2024. The kidnappers grabbed Winkel’s wife outside…

  • Cryptocurrency

    Was It a Suit? Zelenskyy’s Clothes Fuel Polymarket Drama

    July 4, 2025 - By 

    Ukrainian President Volodymyr Zelenskyy’s clothes at a NATO meeting in the Netherlands on June 24 have sparked a big argument among people on Polymarket. Polymarket is a crypto prediction site where someone set up a bet asking if Zelenskyy would wear a suit before July. To settle the bet, there must be a photo or video showing him in a suit between May 22 and June 30. The bet got almost $79 million in bets. At first, the result was “yes,” but people have argued about it twice, and now it’s waiting for a final decision. On July 1, Polymarket…

  • nimdoor malware mac os
    Hack & Scam

    With NimDoor, Mac OS isn’t safe anymore!

    July 3, 2025 - By 

    North Korean hackers are using new types of harmful software (malware) to attack Apple devices. They are doing this as part of a plan to steal from cryptocurrency companies. A report from cybersecurity company Sentinel Labs on Wednesday said the hackers pretend to be a trusted person on messaging apps like Telegram. Then, they ask for a fake Zoom meeting using a Google Meet link. After that, they send a file that looks like a Zoom update, but it’s actually malware. How does it work? When the fake “update” is opened, it puts malware called “NimDoor” onto Mac computers. This…

  • crypto losses in half 2025
    Hack & Scam

    The Hidden Story Behind $2.47 Billion in Crypto Losses

    July 2, 2025 - By 

    Losses from crypto hacks, scams, and exploits reached $2.47 billion in the first half of 2025, according to blockchain security company CertiK. But the good news is the number of hacks went down in the second quarter of the year. Over $800 million was lost in 144 incidents during Q2. This represents 52% less money lost compared to the first quarter, with 59 fewer hacking incidents. Altogether, the $2.47 billion lost in the first half of 2025 is about 3% higher than the $2.4 billion lost in all of 2024. However, since more than $187 million was recovered so far…

  • Circle_applies_for_US_trust_bank_charter_to_manage_its_USDC_reserve
    Stablecoin

    Circle Seeks Bank License to Boost USDC 

    July 1, 2025 - By 

    Stablecoin company Circle has asked for permission to set up a national trust bank in the U.S. This bank would help manage the reserves that back Circle’s USDC stablecoin in the country. If the U.S. Office of the Comptroller of the Currency (OCC) approves the request, Circle’s new bank, called the First National Digital Currency Bank, would be allowed to run as a federally supervised trust. Circle said this new bank would help make USDC stronger and easier to use. It also plans to offer safe storage services for digital assets to big companies. “We are taking proactive steps to…

  • bhutan bitcoin reserve
    Bitcoin

    This Nation Owns $1.3B in BTC, And It’s Not El Salvador!

    June 30, 2025 - By 

    The small Himalayan kingdom of Bhutan has mined around 12,000 Bitcoin worth about $1.3 billion since 2020. The country has used its abundant hydropower to power high performance computer rigs.  $1.3 billion is equal to nearly 40% of Bhutan’s GDP, putting the country just behind the United States and China in terms of sovereign Bitcoin holdings. This secretive mining operation began with a vision from King Jigme Khesar Namgyel Wangchuck, who was heavily focused on pushing the country beyond tourism and into technology-led growth.  In May 2025, Bhutan announced its first fully digital bank, which allows tourists to make crypto payments…

  • vanadi coffee chain bitcoin investment
    Bitcoin

    A Coffee Chain Bets on €1 Billion Bitcoin Plan to Survive

    June 30, 2025 - By 

    The board of directors at Vanadi Coffee, a public coffee chain based in Alicante, Spain, has agreed on a plan to invest up to €1 billion in Bitcoin. This decision, approved by shareholders on June 29, is a big change from the company’s usual financial plans and puts Vanadi among the leaders in Spain for using Bitcoin at a corporate level. What is Vanadi’s new Bitcoin plan? As part of this new plan, Vanadi has already bought 54 BTC, worth around €5.8 million at today’s prices. The company also said in a recent filing with BME Growth (Spain’s stock market…

  • Cryptocurrency

    Abu Dhabi Crypto Cabs, Trump’s ETF Bid, and the Hack of Cointelegraph

    June 28, 2025 - By 

    Another week, another recap! Missed some news or unsure about the most important stories from the past week? Don’t worry, we’ve got you covered: Abu Dhabi Accepts Crypto Payments for Taxis. You can now pay for taxi rides in Abu Dhabi using cryptocurrency (with the AE Coin pegged 1:1 to the UAE dirham), making it easier for tourists and locals to go cashless. Trump Media’s Move Could Shake Washington. Trump Media has asked U.S. regulators to approve a new investment fund, which lets people invest in Bitcoin and Ethereum. This move raises questions, as Trump is promoting crypto while serving…