North Korea-linked threat actors have launched NimDoor to target companies in the Web3 and crypto industry. NimDoor, a sophisticated malware compiled in the Nim programming language specifically targets macOS systems. Unlike more widely used programming languages, Nim allows code execution during compilation, creating binaries that mix runtime and malware logic. This complicates reverse engineering and detection efforts. According to a new report by SentinelLabs, the campaign was first observed in April 2025 during an attack on a crypto startup. Multiple security firms have since confirmed similar incidents affecting other companies in the space. How North Korea Deploys Cyberattacks on Crypto Startups: SentinelLabs Report SentinelLabs reported that the attackers use classic social engineering techniques to trick victims into running the malicious code. Victims are approached on Telegram by impersonated contacts and invited to schedule a meeting via Calendly. They later receive an email with a Zoom link and instructions to install a supposed “Zoom SDK update.” According to the report, the link directs users to an AppleScript file hosted on domains mimicking Zoom’s official URLs. The script is heavily padded with thousands of lines of whitespace and ends with code that fetches a second-stage payload from attacker-controlled servers. After the initial download, the malware deploys two Mach-O binaries in the system’s temporary directory. The first binary, written in C++, performs process injection to launch a trojan. The second binary, compiled from Nim and labeled installer, installs persistence tools that ensure the malware remains active even after a system reboot or termination. This stage drops two more Nim-based binaries: GoogIe LLC and CoreKitAgent, both of which play roles in long-term access and system monitoring. Once deployed, the malware executes two that steal user data. The upl script extracts login credentials and browsing history from browsers such as Google Chrome and Firefox. The tlgrm script specifically targets Telegram data. All stolen data is compressed and sent to servers disguised as secure upload portals hosted by the attackers. North Korea’s Cyber Arsenal Evolves: Hackers Turn to Rare Programming Language SentinelLabs notes that this isn’t the first time DPRK-affiliated actors have used less common programming languages. Past campaigns have involved Go and Rust, and more recently, Crystal. Analysts believe the use of such languages will rise as attackers look for ways to evade traditional detection tools. This recent cybersecurity threat adds to the growing list of such activities emanating from North Korea. In April, North Korean hackers targeted U.S. crypto developers through a malware campaign using fake companies, including Blocknovas LLC and Softglide LLC, registered with false addresses. North Korean cyber spies reportedly set up fake US firms to deploy malware targeting crypto developers, violating Treasury sanctions. #NorthKorea #CyberSecurity https://t.co/TvCmrspaep — Cryptonews.com (@cryptonews) April 25, 2025 Tied to a Lazarus Group subgroup, the operation used fake job offers to spread malware stealing crypto wallets and credentials. In May, South Korea and the EU pledged closer cooperation to combat cyber threats, focusing on North Korea’s crypto crimes. During talks in Seoul, officials stressed the need for joint action amid rising attacks. Lawmaker Ha Tae-keung stated that North Korean hackers have stolen another $310 million in cryptocurrency from South Korean wallets since the $2 billion thefts reported by the UN in 2019. Chainalysis, in addition, reported $1.3 billion in stolen funds in 2024 Crypto hackers from North Korea stole $1.3 billion in funds in 2024, new data released this week from Chainalysis shows. #NorthKorea #CryptoHackers https://t.co/TQYgKiaQ22 — Cryptonews.com (@cryptonews) December 20, 2024 Just two days ago, the U.S. DOJ charged four North Koreans with stealing over $900,000 in cryptocurrency by posing as remote IT workers at blockchain firms. Using fake identities, they altered smart contracts to carry out the thefts, part of a scheme to fund North Korea’s weapons program. The post North Korean Hackers Unleash New Apple Malware in Imminent Crypto Threat—Here’s How appeared first on Cryptonews .
2025-07-03 14:53
The XRP price has jumped by 5% in the past 24 hours, with its move to $2.29 coming as the cryptocurrency market as a whole barely moves today. XRP is now up by the same percentage in a week and by 6% in a fortnight, while also boasting an impressive 375% increase in a year. Its moves today come after the SEC approved the Grayscale Digital Large Cap ETF, which includes XRP in its basket of digital assets, although the regulator has already frozen this approval , pending the establishment of clearer regulatory framework for ETPs. However, analysts are still optimistic that the approval clears the way for spot-based XRP ETFs, something which would have hugely positive implications for the long-term XRP price prediction . XRP Price Prediction – Crypto Analyst Says Wall Street’s Full-Scale Entry is Just Beginning – $100 XRP Next Target Posting on X, analyst Nate Geraci had suggested that the approval makes a spot-based XRP ETF much likelier, and while the SEC did actually include a stay on the approval, Geraci still insists that the news is encouraging. Fwiw, I actually view this as extremely positive… SEC Division of Trading & Markets *did* issue GDLC approval order. Agree w/ James that delay is simply SEC wanting to put in place formal listing framework/standards for crypto ETFs overall. Once that happens, floodgates open. https://t.co/tOU4RleQx2 — Nate Geraci (@NateGeraci) July 3, 2025 And as he reiterates above, the “floodgates open” to XRP ETFs once the SEC does introduce the regulatory framework analysts are now expecting. This means that we may experience a delay while the regulator formulates a set of guidelines for ETFs and other ETPs, but the fact that it approved Grayscale’s ETF would indicate that it’s very open to exchange-traded funds involving XRP (and other cryptocurrencies). It’s arguable that this news is reflected in the XRP price today, given its sudden and obvious bounce. And if we look at its chart, we see that it’s beginning to regather some good momentum, with its RSI (yellow) shooting up to 60 this morning. Similarly, its moving average convergence divergence (orange, blue) is about to turn positive, a sign that bulls are about to take control of XRP’s market. Source: TradingView Other positive signs include an increase in XRP fund inflows this week, while the coin’s funding rate has also risen , reaching 0.0104% today. We may therefore be on the cusp of a bullish period for XRP, which has strong enough fundamentals to support a long, sustained rally in the latter stages of the year. Not only could XRP ETFs be a massive boost to the XRP price, but Ripple’s ongoing expansion as a business will also support the altcoin. For example, yesterday saw the firm apply for a US banking charter , something which would facilitate the growth of its stablecoin business. This is very bullish for XRP, which could reach $2.50 in August and then $3.50 by the final months of the year. Automated Sniping Bot Raises $1.3 Million in Presale: Is Snorter the Next Big Alt? There’s no doubt that XRP could have a big end to 2025, yet there are other alts which have the potential to do very well in the coming months. Some of these will be presale coins, which have an advantage over other new coins, in that they can generate enough momentum during their sales to have big rallies once they list. One of the most promising presale coins around at the moment is Snorter (SNORT), a new Ethereum- and Solana-based token that has raised over $1.3 million in its ICO. Starting to see @SnorterToken is popping up everywhere, and for good reason. Clean site, strong push, and seriously good vibes. If you're tired of missing out on those wild Solana meme coins, the Snorter Bot is your new secret weapon. Powered by $SNORT , it makes on-chain trading… pic.twitter.com/qnn8f2Gjyp — MANDO CT (@XMaximist) June 17, 2025 This is an impressive figure, and the reason why Snorter is doing well is because it’s preparing to launch its own automated sniping bot. As a sniping bot, it will make trades ahead of the market, buying emerging tokens before they blow up. It will also offer several other important features, including copy trading, limit orders, atomic swaps, and protection against front-running and honeypot scams. This promises to make it one of the best bots in the market, with traders able to buy its SNORT token early by going to the Snorter website . The coin will have a max supply of 500 million SNORT, with holders able to stake it for a passive income. It currently costs $0.0971, although this will rise again in just under two days. The post XRP Price Prediction – Crypto Analyst Says Wall Street’s Full-Scale Entry is Just Beginning – $100 XRP Next Target appeared first on Cryptonews .
2025-07-03 14:49
New York law firm Pomerantz LLP has filed a class action lawsuit against Michael Saylor’s Strategy, accusing the Bitcoin-focused firm of misleading investors about the profitability and risks of its crypto investment strategy. Key Takeaways: Pomerantz filed a class action accusing Strategy of misleading investors about bitcoin risks. The lawsuit centers on Strategy’s failure to disclose the impact of new fair value accounting rules. Strategy revealed $5.9 billion in unrealized losses, causing an 8% stock drop in Q1 2025. The complaint, lodged in the Eastern District Court of Virginia , represents Strategy shareholders who purchased stock between April 30, 2024, and April 4, 2025. Investors have until July 15 to join the case. According to Pomerantz, Strategy overstated the benefits of its Bitcoin treasury strategy and downplayed the volatility and risks inherent to large-scale Bitcoin holdings. Lawsuit Alleges Strategy Misled Investors With Rosy Bitcoin Claims The lawsuit claims the company’s public statements were “materially false and misleading,” creating a distorted picture of financial performance that failed to prepare investors for potential losses. A key issue centers on Strategy’s adoption of new accounting rules under ASU 2023-08, which require fair value accounting for crypto assets. Unlike the previous cost-less-impairment method, where Bitcoin was only written down when prices fell and gains were recognized only upon sale, the new standard forces companies to mark assets to market prices each quarter. Pomerantz alleges Strategy did not properly explain how these changes could impact its financial results, leaving investors in the dark about the potential for substantial unrealized losses. "Strategy is a ponzi scheme!!" Saylor’s savage reply: pic.twitter.com/401E56m5iY — Alex (@AlexesNakamoto) June 11, 2025 The complaint highlights Strategy’s first-quarter 2025 earnings, in which the firm disclosed $5.9 billion in unrealized losses due to adopting the fair value accounting model. That revelation triggered an 8% drop in Strategy’s stock price, underscoring the volatility risks the lawsuit says were previously glossed over. Since shifting its corporate focus to bitcoin accumulation in 2020, Strategy, formerly MicroStrategy, has become the largest Bitcoin holder among publicly traded companies, amassing 597,325 BTC. The strategy has fueled explosive gains in its share price, which has climbed more than 3,300% over the past five years. That meteoric rise inspired several other firms, including Metaplanet, to emulate its Bitcoin-centric approach . Legendary Short-Seller Slams Bitcoin Treasuries as ‘Financial Gibberish’ Last month, legendary short-seller Jim Chanos criticized the business model popularized by Michael Saylor’s Strategy, calling its approach “financial gibberish.” Chanos noted that Strategy’s market capitalization now tops $100 billion, nearly double the roughly $60 billion worth of Bitcoin it holds on its balance sheet. Saylor has defended Strategy’s valuation, arguing that the company’s ability to raise capital at a premium effectively renders its strategy “risk-free.” Chanos, however, rejected that logic outright. “There’s a wonderful sales job that’s being done about the fact that this is an economic engine in and of itself,” he said. Matthew Sigel, head of digital asset research at VanEck, has also voiced concerns over the Bitcoin treasury strategies adopted by some publicly traded firms, warning that aggressive BTC accumulation could ultimately hurt shareholders. The post Law Firm Sues Michael Saylor’s Strategy Over Misleading Bitcoin Claims appeared first on Cryptonews .
2025-07-03 13:45
The crypto market is up today, after several days of trending mildly downwards. Nearly all of the top 100 coins per market cap have seen their prices rise over the past 24 hours. At the same time, the cryptocurrency market capitalization has remained unchanged at $3.47 trillion. The total crypto trading volume is at $120 billion, the highest it’s been in days. TLDR: The crypto has shifted upwards, with dog-themed memecoins performing the best in both the top 10 and the top 100 categories; BTC surpassed the $109,500 level, moving closer to the ATH; ETH is the day’s second-best performer among the top 10; BTC supply in profit jumped from 87% to 98% in the last week of June; With elevated levels of profit comes elevated market volatility; US spot BTC ETFs continued positive flow streak, spot ETH ETFs saw outflows; “Any pull‑backs are more likely to be healthy consolidations than the start of a deeper reversal.” Crypto Winners & Losers All top 10 coins per market cap have seen their prices appreciate today. Bitcoin (BTC) is up 2.3%, surpassing the $108,000 territory and now standing at $109,515. Ethereum (ETH) has recorded the second-highest increase in the category of 6.1%, currently changing hands at $2,600. The best performer is Dogecoin (DOGE) , with an increase of 7.8% to the price of $0.1742. At the same time, the smallest increase is Binance Coin (BNB)’s 0.8% to $661. Eight of the top 100 coins saw double-digit increases. The highest among these is Bonk (BONK)’s 20.8%, trading at $0.00001738. Yesterday’s best performer, Pudgy Penguins (PENGU) , fell the most: 2.2% to $0.01533. Recently, BONK announced that it’s nearing 1 million onchain holders, a milestone that will trigger the burn of 1 trillion BONK. Just a reminder: The Dog will be doing a 1,000,000,000,000 $BONK burn when this number hits 1,000,000 pic.twitter.com/nkzo1QO65y — BONK!!! (@bonk_inu) July 2, 2025 Meanwhile, BitMEX co-founder Arthur Hayes opined that BTC could fall to the $90,000 level before hitting new highs. Arthur Hayes @CryptoHayes predicts Bitcoin will dip to $90K before rebounding on a flood of liquidity from US bank-issued stablecoins. #ArthurHayes #BitcoinPrediction https://t.co/9tk8DoJgCZ — Cryptonews.com (@cryptonews) July 3, 2025 The market uptick follows another increase in investor interest in the space. Notably, when it comes to UK pension funds, Cartwright Pension Trusts launched an “Annual Bitcoin Review” for its institutional clients . This came after a significant discussion prompted by the company’s revelation a client had allocated 3% of their fund to BTC in November 2024 and had posted a 60% return since. ‘With Elevated Profit Levels Comes Increased Market Volatility’ Gadi Chait, Head of Investment at Xapo Bank , noted that “Bitcoin’s on-chain metrics continue to showcase the strength of its current market position.” Per Glassnode data, BTC supply in profit jumped from 87% to 98% between 22 June and 29 June. “This is significant and reinforces just how bullish recent momentum has been,” Chait says. He continues: “With these elevated levels of profit, there often also comes a familiar pattern with digital assets: increased market volatility. Historically, when such a high percentage of supply sits in profit, the chances of profit-taking rise. That, in turn, introduces short-term market movements even when there is a broadly optimistic outlook.” Glassnode notes that distribution remains muted, and “investors are holding through.” As $BTC rebounds to $107k, most holders are back into profit. But distribution remains muted – investors are holding through. Realized profits decline, LTH supply hits ATH, and ETF inflows stay strong. Learn what to make of it in the latest Week On-Chain: https://t.co/Rc00Ql7P5x pic.twitter.com/g5OIvhk8lD — glassnode (@glassnode) July 2, 2025 US Federal Reserve funds futures put roughly a two‑in‑three chance on a first 25 bp rate cut by September after the Federal Open Markets Committee (FOMC) held rates steady in June, Chait says. “Taken together, these factors suggest any pull‑backs are more likely to be healthy consolidations than the start of a deeper reversal. Regardless, this behavior is more a marker of a healthy, maturing market and shows Bitcoin’s growing alignment with secure and long-lasting investments that can handle global shocks while also attracting high levels of capital,” Chait concludes. Levels & Events to Watch Next At the time of writing, BTC trades at $109,515. Over the past day, the coin has seen a steady increase from the daily low of $106,925. Resistance levels now stand at $109,764 and $110,809. Should it surpass both, BTC could break its ATH. At the same time, the current support level stands at $108,600. Bitcoin Price Chart. Source: TradingView At the same time, Ethereum is currently trading at $2,600. It was trading around $2,450 for several hours today before surging to its current price and the intraday high. Notably, the crypto market sentiment jumped today. Even though it’s still moving within neutral territory, the Fear and Greed Index surged from 46 yesterday to 54 today . The sentiment dipped briefly towards the fear territory, but the overall optimism seems to be renewed today. That said, investors are awaiting further signals. Source: CoinMarketCap Moreover, US BTC spot exchange-traded funds (ETFs) resumed positive flows after breaking a 15-day streak on 1 July. On 2 July, they recorded inflows of $407.78 million in outflows. Most ETFs saw positive flows today, led by Fidelity’s $183.96 million. The day’s amount has brought the cumulative total net inflow to $49.04 billion. However, US ETH ETFs recorded outflows today of $1.82 million . While Grayscale , Fidelity , Bitwise , and VanEck saw positive flow, BlackRock lost $46.89 million. Notably, the first Solana staking ETF in the United States, the REX-Osprey Solana Staking ETF , launched Wednesday on the Cboe BZX Exchange . It ended the day strong , with $12 million in inflows and $33 million in volume. $SSK ended day with $33m in volume. Again, blows away the Solana futures ETF and XRP futures ETFs (or the avg ETF launch) but it is much lower than the Bitcoin and Ether spot ETFs. pic.twitter.com/t6LkQwDXLc — Eric Balchunas (@EricBalchunas) July 2, 2025 On the other hand, the US Securities and Exchange Commission suddenly froze the approval of the Grayscale Digital Large Cap Fund’s conversion into an ETF, stopping its launch just a day after it had received approval. The plot thickens. Upper level of SEC telling $GDLC it can't launch until otherwise notified. Not sure why, no other info than this letter. My guess tho: They want to issue the crypto ETP listing standards before any '33 act spot ETFs hit market with these other coins. So likely… https://t.co/Za7rYk1o0E — Eric Balchunas (@EricBalchunas) July 2, 2025 Quick FAQ Why did crypto move against stocks today? The crypto market has increased over the past 24 hours, while the US stock market saw another day of mixed performance on Wednesday. For example, the S&P 500 increased by 0.47%, the Nasdaq-100 went up by 0.73%, and the Dow Jones Industrial Average fell by 0.024%. This comes ahead of the US jobs report investors are waiting to see released on Thursday. They’re also keeping an eye on trade and US budget bill discussions. Is this rally sustainable? This current uptick may not be long-lasting and may be interrupted by short-term drops, depending on the outside factors pushing down on the market. However, analysts expect the prices to climb mid-term despite potential dips. You may also like: (LIVE) Crypto News Today: Latest Updates for July 3, 2025 The crypto market is showing positive momentum today, with the total crypto market cap rising 0.2%. Bitcoin is up 2.5% over the past 24 hours, currently trading just above $108,800 after briefly crossing $109,600. Ethereum has also posted strong gains, rising over 6% and trading above $2,560.But what else is happening in crypto news today? Follow our up-to-date live coverage... The post Why Is Crypto Up Today? – July 3, 2025 appeared first on Cryptonews .
2025-07-03 13:32
Zug-based crypto bank AMINA has announced that it will support Ripple stablecoin RLUSD, initially offering custody and trading services. In a statement sent to Cryptonews, AMINA said it has become the first bank globally to directly support the stablecoin. The bank plans to expand its services in the coming months. “We are proud to be the first bank to support RLUSD and to provide our clients with access to one of the most anticipated digital assets in the market,” said Myles Harrison , Chief Product Officer of AMINA Bank. AMINA, licensed by Switzerland’s FINMA, recently reported a 69% revenue surge , cementing its position as Switzerland’s fastest-growing crypto bank. Driven by institutional demand, the bank also saw its assets under management (AUM) increase by 136% to $4.2 billion. AMINA also holds licenses from Abu Dhabi’s Financial Services Regulatory Authority (FSRA) and Hong Kong’s Securities and Futures Commission (SFC). AMINA added that it will enable client base access to the RLUSD ecosystem with necessary regulatory guardrails. RLUSD Gets Institutional-Grade Stablecoin Recognition Ripple announced the RLUSD launch in December 2024 , fully backed by U.S. dollar deposits, government bonds, and cash equivalents, ensuring price stability at $1. The RLUSD has become one of the fastest-growing stablecoins . Further, the token has processed volumes of $10 billion since its launch, after being listed on multiple leading exchanges, including Gemini, Kraken, and Bitget. Since January, the stablecoin has shown a 4x supply on Ethereum, given its majority of circulating supply on the network. Additionally, security features make RLUSD appealing to institutional users. RLUSD has attained a market cap of $469.29 million and stands 164th-largest crypto project by market cap. Ripple Bids for Fed License – Does it Increase the Efficiency of Ripple Stablecoin? In another significant move, Ripple has applied for a national bank charter with the US Office of the Comptroller of the Currency (OCC) on Wednesday. Additionally, the company also applied for a Master Account with the Federal Reserve, which would grant access to the US central banking system, Ripple CEO Brad Garlinghouse confirmed. True to our long-standing compliance roots, @Ripple is applying for a national bank charter from the OCC. If approved, we would have both state (via NYDFS) and federal oversight, a new (and unique!) benchmark for trust in the stablecoin market. Earlier in the week via… https://t.co/IdiR7x3eWZ — Brad Garlinghouse (@bgarlinghouse) July 2, 2025 “This access would allow us to hold RLUSD reserves directly with the Fed and provide an additional layer of security to future-proof trust in RLUSD.” The post Swiss AMINA Bank Integrates Ripple’s Stablecoin RLUSD – Fastest Growing Stablecoin? appeared first on Cryptonews .
2025-07-03 13:19
Cybersecurity firm Koi Security has uncovered a large-scale malicious campaign involving over 40 fake Firefox extensions designed to steal crypto wallet credentials from unsuspecting users. The malicious extensions impersonate legitimate wallet tools from well-known platforms, including Coinbase, MetaMask, Trust Wallet, Phantom, Exodus, OKX, Keplr, MyMonero, Bitget, Leap, Ethereum Wallet, and Filfox. According to Koi Security , the campaign has been active since at least April 2025, with new malicious extensions uploaded to the Firefox Add-ons store as recently as last week. The extensions extract wallet credentials directly from targeted websites and transmit them to remote servers controlled by attackers. Notably, OKX has previously warned users in January about fake OKX Wallet Firefox extensions , confirming the exchange had not released any Firefox plugins. The exchange filed complaints with Firefox officials, requesting the removal of the fraudulent browser extensions, while advising users to transfer their wallet assets immediately if they had installed malicious plugins. Sophisticated Trust-Building Tactics Fool Thousands of Users The malicious campaign employed sophisticated trust-building mechanisms to increase installation rates and avoid immediate detection. Many extensions featured hundreds of fake 5-star reviews that far exceeded their actual user bases, creating the appearance of widespread adoption and positive community feedback. Source: Koi Security Threat actors carefully mimicked legitimate wallet tool branding, using identical names and logos to real services they impersonated. This visual similarity increased the likelihood of accidental installations by users searching for official cryptocurrency wallet extensions. The attackers exploited the open-source nature of legitimate wallet extensions by cloning authentic codebases and inserting malicious logic. This approach allowed them to maintain expected user experiences while secretly exfiltrating sensitive wallet data in the background. This strategy reduced development time while increasing the likelihood that security tools would miss malicious modifications to otherwise legitimate code. Some malicious extensions remained undetected for extended periods due to their functional similarities to legitimate wallet tools. Users experienced standard wallet functionality while their credentials were simultaneously transmitted to an attacker-controlled infrastructure. Hardware and Software Attacks Expand Beyond Browser Extensions The Firefox extension campaign represents one vector in an expanding ecosystem of cryptocurrency theft methods targeting both software and hardware security measures. According to a recent report by Cryptonew, a Chinese crypto investor lost nearly $7 million after purchasing a fake cold wallet through Douyin, TikTok’s Chinese platform. Crypto investor loses $6.9 million after buying fake cold wallet on Chinese TikTok as sophisticated hardware scams evolve beyond traditional phishing to compromise trusted security devices. #ColdWallet #CryptoScam #TikTok https://t.co/DnbI4arD8V — Cryptonews.com (@cryptonews) June 16, 2025 The sophisticated hardware trap compromised the wallet’s private key generation at the fundamental level. When the victim initialized the device, it generated keys already known to attackers, creating a false sense of security while providing criminals complete access to funds. Similarly, Cybersecurity firm Moonlock recently warned about fake Ledger Live applications targeting macOS users through the Atomic macOS Stealer malware. The malware embedded across at least 2,800 compromised websites replaces genuine Ledger Live applications with fake versions that harvest seed phrases through convincing pop-ups. Attackers are also expanding their reach beyond hardware and software. Physical phishing attacks have emerged through traditional mail systems, with scammers impersonating Ledger and sending fake letters via USPS. The letters urge users to “validate” their wallets through QR codes that link to phishing sites designed to steal private keys. This latest discovery adds to the growing threat from sophisticated attackers to the crypto industry. Crypto investors lost more than $2.2 billion to hacks , scams, and security breaches in the first half of 2025 alone, according to CertiK’s security report. Wallet-related breaches alone accounted for $1.7 billion across just 34 attacks, while phishing followed with over $410 million stolen in 132 incidents. Ethereum remained the most targeted blockchain, experiencing 175 security events and over $1.6 billion in losses. Crypto investors have lost $2.2B to hacks and scams in H1 2025, with $187M recovered as threats shift, reports @CertiK . #CryptoSecurity #Cryptohacks https://t.co/5KCaVsYnbg — Cryptonews.com (@cryptonews) June 30, 2025 The largest hack occurred in February when crypto exchange Bybit suffered a breach resulting in theft of more than $1.5 billion in liquid-staked ETH and MegaETH. Code vulnerabilities caused $229 million in damages during May 2025 alone, representing a massive jump from just $5 million in April. Physical “wrench attacks” targeting crypto holders have surged globally, with at least 32 reported incidents in 2025, putting the year on pace to surpass 2021’s record of 36 attacks. The post 40+ Fake Firefox Wallet Extensions Are Stealing Your Crypto, Koi Security Warns appeared first on Cryptonews .
2025-07-03 12:37
Bitcoin exchange-traded funds (ETFs) dominated institutional flows, with a massive $407.78 million in daily net inflows on July 2, bringing cumulative inflows to $49.04 billion . In contrast, Ethereum ETFs faced modest $1.8 million outflows, according to data from SosoValue . The stark difference resulted from Bitcoin’s continued institutional appeal as BTC reached weekly highs of $109,000 on July 2, positioning it for potential breakouts toward $112,000 targets. Source: Cryptonews Fidelity’s FBTC led Bitcoin ETF inflows with $183.96 million , followed by ARK21Shares’ ARKB at $83 million and Bitwise’s BITB contributing $64.94 million . BlackRock’s IBIT, despite recording zero inflows on the day, maintains its dominant position with $76.31 billion in net assets and $52.42 billion in cumulative inflows since launch. Source: SosoValue The performance disparity between Bitcoin and Ethereum ETFs followed the broader market trend, as Bitcoin maintains psychological support above the $100,000 level defended since early May. Total Bitcoin ETF assets under management reached $136.68 billion , representing 6.30% of Bitcoin’s total market capitalization. This indicates a significant level of institutional adoption. Trading volumes also surged to $5.22 billion across Bitcoin ETFs, with IBIT alone generating $4.08 billion in daily trading activity. Institutional Momentum Drives Record Bitcoin ETF Adoption Bitcoin ETF inflows demonstrate sustained institutional conviction, despite broader market volatility, with the latest inflows representing the continuation of aggressive accumulation patterns seen so far in 2025. Particularly, Fidelity’s FBTC leadership, with $183.96 million in inflows, resulted from the growing competition among major asset managers for Bitcoin market share, following BlackRock’s early dominance. The growing competition has led to a broad-based institutional adoption, rather than concentrated buying from a single entity. Interestingly, corporate treasury strategies are increasingly embracing ETF structures over direct ownership of Bitcoin. Design giant, Figma, recently revealed in its IPO filing that it has $69.5 million in Bitcoin ETF holdings , plus $30 million earmarked for future cryptocurrency investments. Design giant @figma goes public revealing $70M Bitcoin ETF holdings and $30M ready to buy more as corporate Bitcoin adoption explodes to 141 public companies holding $91 billion. #Figma #IPO #Bitcoin https://t.co/Q9CtjTalum — Cryptonews.com (@cryptonews) July 2, 2025 This pattern is becoming increasingly adopted, and public companies that can’t hold directly prefer regulated exposure through established financial products. Regionally, European expansion is also accelerating through structured products, such as the recent UniCredit’s Bitcoin ETF certificate , designed for Italian professional clients. The five-year instrument offers capital protection with 85% upside participation. Moreover, the regulatory landscape continues to evolve favorably with the SEC’s July 1 guidance streamlining token-based ETF approvals and enabling a 75-day review process. The new guidance establishes clearer pathways for crypto ETF approvals by implementing standardized disclosure frameworks that encompass custody practices, conflicts of interest, and creation and redemption mechanisms. Ethereum ETFs Face Headwinds Despite Previous Momentum Ethereum ETFs experienced modest $1.8 million outflows on July 2, contrasting sharply with their previous dominance, as they had recorded $240.29 million in daily inflows during June , surpassing Bitcoin ETFs’ performance at that time. The June surge represented the strongest performance of Ethereum ETFs in four months, coinciding with ETH climbing above $2,800 for the first time since February. Source: Cryptonews BlackRock’s ETHA led that momentum with $163.6 million in single-day inflows, maintaining a 23-day streak without outflows while managing over 1.55 million ETH valued at $4.23 billion. Current outflows may result from profit-taking following Ethereum’s technical breakout above multi-year descending trendlines. The asset completed an inverse head-and-shoulders pattern with projected targets around $3,300, but recent rejection from $2,834 highs suggests consolidation phases before continued advances. Ethereum staking also reached an all-time high of 34.65 million ETH locked on the Beacon Chain, representing nearly 29% of the circulating supply. Long-term holders are holding on through staking despite short-term ETF flow volatility. They’re prioritizing yield generation over immediate liquidity. Regulatory developments further support the growth of multi-asset crypto ETFs, as seen in Grayscale’s Digital Large Cap Fund conversion , which holds Bitcoin (79.9%), Ethereum (11.3%), and also XRP, Solana, and Cardano. Similarly, the REX Osprey Solana Staking ETF was launched on Wednesday as the first US-listed fund to incorporate crypto staking. This regulatory development could enable similar Ethereum staking products that combine institutional access with yield generation. The post Bitcoin ETFs Pull $408M—Fidelity & ARK Spark the Next BTC Wave As ETH Struggles appeared first on Cryptonews .
2025-07-03 11:38
Nigeria-based one or more scammers allegedly impersonated the Trump-Vance Inaugural Committee, stealing $250,300 in Ethereum-based USDT from an intended donor. U.S. Attorney Jeanine Ferris Pirro announced Wednesday that the office filed a complaint, classifying the scam as a Business Email Compromise Scheme. According to the prosecutors, the FBI has traced 40,353 USDT.ETH from the transaction via blockchain analysis. The complaint seeks the recovery of these funds to be returned to the victim. Scammer Conned Victim Using Faint Address Typo The scammer sent an email to the victim last December, posing as Steve Witkoff, co-chair of the Trump-Vance Inaugural Committee. The mail address used by the scammer had a lowercase ‘L’ instead of a lowercase ‘I’ in the mail @t47lnaugural.com. The campaign’s real email address is @t47inaugural.com. The U.S. Attorney’s Office for the District of Columbia noted that the fake address appeared nearly identical to the original, given the font used by the perpetrator. The Nigerian scammer then instructed the victim to deposit funds into a crypto wallet ending in 58c52. On December 26, 2024, the victim sent crypto to the wallet, believing that it belonged to the Inaugural Committee. Per the FBI, $250,300 worth of USDT.ETH was moved from the wallet to another crypto address within two hours. United States Seeks Recovery of $40,300 in Cryptoscheme that Impersonated Trump-Vance Inaugural Committee https://t.co/AsrtC6Xto7 @USAttyPirro @FBIWFO pic.twitter.com/tUrOFl51xe — U.S. Attorney DC (@USAO_DC) July 2, 2025 “Impersonation scams take many forms and cost Americans billions in losses each year,” said FBI Assistant Director in Charge Steven J. Jensen. “To avoid becoming a victim, carefully review email addresses, website URLs, and spelling in any messages you receive.” Attorney Pirro warned donors to “double and triple check” whether they are sending crypto to their intended recipient. “It can be extremely difficult for law enforcement to recoup lost funds due to the extremely complex nature of the blockchain.” The post Scammers Steal $250K in Crypto Posing as Trump-Vance Inaugural Committee appeared first on Cryptonews .
2025-07-03 11:10
It’s Day Four of EthCC[8] in Cannes — the final chapter in a week that’s felt like a sprint, a marathon, and a rave all rolled into one. By now, the hangovers are real, the tan lines are questionable, and the collective brainpower in the venue is still going strong. Despite the fatigue, the builders, researchers, and founders are showing up — because the final day still packs a punch. From sunrise strategy chats to that last clink of glasses on the Croisette, EthCC has proven one thing: the Ethereum ecosystem isn’t just alive — it’s accelerating. Stay tuned as we cover every last moment. The post [LIVE] EthCC 8 Day Four: Final Push as the Ethereum Marathon Reaches the Finish Line appeared first on Cryptonews .
2025-07-03 10:17
Why Is Crypto Up Today? – July 3, 2025
