The Pi Network is at a crossroads, with its price falling amid growing skepticism from its massive community However, the project has a massive, untapped opportunity in AI, with over 12,000 AI app submissions Analysts have laid out an 11-step strategic plan that could reverse the decline and save the project The Pi Network is facing a crisis of confidence as its price continues to fall, but a deep dive into its ecosystem reveals a massive and overlooked opportunity in Artificial Intelligence that could be the key to its survival. While once hailed as a breakthrough in mobile mining, the project now faces growing uncertainty. Its price has slipped to around $0.465 , down nearly 6% over the past week, and skepticism is mounting as users question when Pi will achieve real-world adoption. According to experts, if the Pi Core Team (PCT) fails to act swiftly, the coin may soon tumble below the $0.40 mark. Pi Network’s Hidden Bull Case: 12,000 AI Apps in the Pipeline The project’s biggest untapped potential lies in AI. Analyst Dr Altcoin highlights a major breakthrough: the Pi App Studio has already received over 12,000 AI app submissions. If even half of the… The post Pi Network’s Future Isn’t in Mobile Mining; It’s in a $16 Trillion AI Market appeared first on Coin Edition .

2025-07-09 20:21

The decentralized exchange GMX was hacked for approximately $42 million on July 9, 2025 The attacker exploited the platform’s GLP liquidity pool, draining multiple crypto assets The GMX team has sent an on-chain message offering the hacker a 10% “white-hat” bounty to return the funds Decentralized derivatives exchange GMX faced a major security breach on July 9, 2025. An attacker exploited the platform’s GLP liquidity pool and stole around $42 million in crypto assets. PeckShield, a blockchain security firm, confirmed the event and tracked the hacker’s transactions on-chain. According to their analysis, the attacker bridged approximately $9.6 million to Ethereum shortly after the initial exploit. White-Hat Bounty Offer to GMX Exploiter. Source: X How the Attacker Drained and Moved the Funds The hacker moved funds in several stages. First, drained liquidity from the pool in USDC stablecoins. They then swapped the USDC into ETH before converting a portion of that to the DAI stablecoin. They also extracted significant amounts of FRAX, wrapped bitcoin (WBTC) , wrapped ether (WETH), and multiple other tokens. These transactions were executed across v… The post GMX Hacked for $42 Million; Team Offers Hacker a 10% Bounty for Return of Funds appeared first on Coin Edition .

2025-07-09 18:40

It’s reported that over $500 million RLUSD is in circulation BNY brings top-tier safeguards, including holding both cash and Treasuries, managing incoming and outgoing transfers, and ensuring compliance and efficiency Ripple is also applying to the US Office of the Comptroller of the Currency (OCC) for a national trust bank charter Ripple selected Bank of New York Mellon (BNY) to serve as the primary custodian for reserves backing its stablecoin, Ripple USD (RLUSD). It’s reported that over $500 million worth of RLUSD is currently in circulation. This is rather big news for Ripple since BNY brings top-tier safeguards, including holding both cash and Treasuries, managing incoming and outgoing transfers, and ensuring compliance and efficiency. The partnership should result in greater credibility and deeper institutional trust for Ripple. Ripple’s push to become a regulated financial institution Ripple is also applying to the US Office of the Comptroller of the Currency (OCC) for a national trust bank charter, stepping further into regulated finance. The company is also seeking a Federal Reserve master account, which would allow direct settlement capabili… The post Ripple Selects BNY Mellon as Custodian for Its RLUSD Stablecoin appeared first on Coin Edition .

2025-07-09 18:26

Bybit’s PUMP token sale runs July 12–15 but excludes all users registered under its MiCA-compliant EU platform, Bybit.eu. 150 billion PUMP tokens will be sold at $0.004 each; only USDT, USDC, SOL, and bbSOL are accepted. Pump.fun’s trading volume dropped 80% since January; Gate.io removed its sale page without confirmation of relisting. Bybit will host the public sale of Pump.fun’s PUMP token from July 12 at 14:00 UTC through July 15. The exchange confirmed it will run the sale on its main global platform, but European users will be excluded . This restriction is a direct result of the Markets in Crypto-Assets Regulation (MiCA) rules, which limits how new crypto tokens can be sold in EU countries. Bybit stated that because of these rules, the sale will not be available through Bybit.eu, which is its MiCA-compliant platform. Sale Terms and Accepted Currencies The sale will offer 150 billion PUMP tokens, representing 15% of the total 1 trillion supply. The fixed sale price is $0.004 USDT per token. Subscriptions will be accepted in USDT, USDC, SOL, and bbSOL. These include both stablecoins and Solana-native assets, aligning with Pump.fun’s infra… The post Bybit Blocks European Users From Pump.fun Token Sale Under MiCA Rules appeared first on Coin Edition .

2025-07-09 17:25

Using Elliott Wave theory and Fibonacci extensions, Quantum Ascend argues that Cardano could mirror ETC’s explosive surge Conservative targets are set around $4 to $5, with more optimistic projections reaching $10 to over $12 This month, a Tradin­­gView analyst, Arman Shaban, noted shorter-term bullish patterns, including order block setups pointing to a potential 121% rally Quantum Ascend, a crypto-market analyst, highlights a striking fractal pattern between Cardano (ADA) and Ethereum Classic during its 2021 bull run. Using Elliott Wave theory and Fibonacci extensions, he argues that Cardano could mirror ETC’s explosive surge and potentially deliver a 2,000% rally from current levels. He sets ADA’s conservative targets at around $4 to $5, with more optimistic projections reaching $10 to over $12. This isn’t the only time a similar prediction happened. For instance, at the start of this year, an article on Brave New Coin flagged a similar fractal warning that suggested a 900% ADA upside based on repeating price structures. ADA’s path to a new ATH Then, this month, a Tradin­­gView analyst, Arman Shaban, noted shorter-term bullish patter… The post Cardano (ADA) Set for 2,000% Rally? Analyst Sees “Clean Fractal” Signal appeared first on Coin Edition .

2025-07-09 16:30

OpenAI distances itself from Robinhood’s tokenized stocks, clarifying no equity representation. Robinhood defends tokenized stocks, emphasizing exposure over equity ownership. EU regulators review Robinhood’s tokenized stock product for legal compliance and transparency. Robinhood Markets is under investigation by European Union regulators regarding its new tokenized stock offerings tied to private companies like OpenAI. The effort, launched on June 30, 2025, was designed to provide retail investors in the EU with digital exposure to major U.S. companies. However, OpenAI has publicly distanced itself from the product, clarifying that the tokens do not represent actual equity in the company. This has raised concerns about the potential for investor confusion. OpenAI’s Public Rejection of the Tokens OpenAI has made it clear that it does not approve of Robinhood’s tokenized stock product. In a statement posted on X, OpenAI explained that the tokens being offered do not equate to actual shares in the company. OpenAI also confirmed that transferring equity in the company requires prior approval, which has not been granted to Robinhood. Related: R… The post Is Robinhood Misleading Investors with Its OpenAI-Backed Tokens? appeared first on Coin Edition .

2025-07-09 15:25

Ethereum’s consolidation mirrors Nvidia’s pre-AI breakout, hinting at major upside. Stablecoin adoption may trigger Ethereum’s next explosive growth phase soon. Layer 2 scaling and rising utility boost Ethereum’s position for a breakout. Ethereum, the world’s second-largest blockchain, may be on the brink of its biggest breakout yet. According to market watchers, the explosive growth of stablecoins on the Ethereum network could be the long-awaited trigger for a massive, NVIDIA-style price rally. Nvidia’s Breakout: A Blueprint for Ethereum? Nvidia’s story offers a useful comparison. According to Crypto Rover, an analyst analysis, before 2023, Nvidia’s stock price moved mostly sideways, showing little momentum. Then came the AI revolution, marked by ChatGPT’s massive public adoption. As the demand for GPUs exploded, Nvidia’s share price rocketed from below $20 to more than $160 (split-adjusted). This eightfold increase happened because a sudden, massive demand surge hit a technology that was already built and ready. Nvidia’s hardware was already powering AI workloads, so it became the go-to supplier overnight. Ethereum could be in … The post Is Ethereum About to Have Its Own ‘NVIDIA Moment’? appeared first on Coin Edition .

2025-07-09 15:00

Altcoins are bullish, contrary to Michael Saylor’s prediction. Saylor thinks regulatory hindrances will affect altcoins’ growth. The altcoin market has experienced an upsurge since the beginning of H2, 2025. The altcoin market has surged 16% in the past few weeks, a sharp rebound that directly challenges the long-held, skeptical view of influential Bitcoin advocate Michael Saylor. While Saylor is famous for his unmatched belief in Bitcoin, he has shown little interest in the idea that other cryptocurrencies could see similar success. Bitcoin’s Most Vocal Advocate Saylor is one of Bitcoin’s greatest advocates and has led the foremost Bitcoin-focused asset management company, Strategy. The digital assets investment firm recently added more Bitcoins to its portfolio, bringing its total BTC holdings to 582,000 BTC, worth $63.85 billion. Saylor’s streamlined focus on Bitcoin reflects a non-interest appeal towards altcoins, especially his reserved approach to the digital asset class. The Bitcoin investor believes regulation will not allow altcoins to grow like Bitcoin, considering the protracted bureaucracy involved in determining the framework … The post Is Michael Saylor Dismissing the Future of Altcoins Too Soon? appeared first on Coin Edition .

2025-07-09 14:15

Travel giants Emirates and Dubai Duty Free have signed a major payments deal with Crypto.com The partnership aims to roll out new digital payment solutions for travelers, from bookings to retail The move is part of Dubai’s broader “D33 agenda” to become a global hub for innovation Travel giants Emirates and Dubai Duty Free have signed a memorandum of understanding (MoU) with Crypto.com to enable digital payment solutions for travelers. In a recent announcement, HH Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authorities, stated that the partnership agreement “represents a promising step towards our shared ambition to transform travel and commerce.” . @Emirates , @DubaiDutyFree , and @Cryptocom have signed a Memorandum of Understanding to enable digital payment solutions for travellers. This partnership agreement represents a promising step towards our shared ambition to transform travel and commerce. By exploring advanced… pic.twitter.com/qS1WATKTWX — HH Sheikh Ahmed bin Saeed Al Maktoum (@HHAhmedBinSaeed) July 9, 2025 According to Al Maktoum, exploring advanced digital payment solutions will enhance travelers’ experience … The post Crypto.com and Emirates Announce Major Airline Payments Deal appeared first on Coin Edition .

2025-07-09 13:50