Crypto News
Arthur Hayes Gets Ready for Monster Alt Season—‘Maelstrom Fund Is Backing up the Truck’
Altcoins are primed to explode as institutional capital floods in, bitcoin shatters resistance, and macro tailwinds ignite a full-blown crypto supercycle with massive upside potential. Arthur Hayes Bullish, Signals Altcoin Supercycle Is Underway Crypto markets are building momentum as institutional bets and macro tailwinds align, setting the stage for both bitcoin leadership and a broadSource link
While the West Chases Memecoins and ETFs, Africa is Building Blockchain Resilience
In Western Europe and North America, decentralised finance, referred to in common terms as DeFi, is largely seen through the lens of investment. The following guest post/opinion editorial was written by Kamal Youssefi, President of The Hashgraph Association. How Blockchain Can Replace Broken Financial Systems Asset managers involved in DeFi are promoting products that includeSource link
USDT Used to Launder $4 Million in Kenyan Bank Heist, Report Says
A major Kenyan bank is facing a significant internal breach, with about $4 million (KES 500 million) stolen by contractors involved in its IT infrastructure. Investigations indicate that USDT was central to the laundering process, with funds transferred to multiple offshore wallets, complicating recovery efforts. The Directorate of Criminal Investigations (DCI) has launched an investigationSource link
Indian Crypto Exchange CoinDCX Denies Moving User Funds After WazirX Allegations
"Please don't fall for misinformation," Indian crypto exchange CoinDCX's Co-founder and CEO, Sumit Gupta, said Saturday amid allegations that the exchange moved user funds to non-compliant entities in Lithuania.The allegation was reportedly made by another Indian exchange, WazirX, which has been under scrutiny since last year's $230 million hack. In an affidavit filed as part of the Singapore High Court proceedings (scheduled for a hearing on July 15, 2025), WazirX reportedly claimed that CoinDCX held user funds in a Lithuania-based entity that was not registered with India’s Financial Intelligence Unit (FIU) until February 2025.Gupta denied these allegations in a message to CoinDesk, stressing that his India-based users' INR and crypto funds have always been held by Neblio Technologies, our FIU-IND...
Q3 Bitcoin Mining Map Exposes Silent Surge in Russia, China, While US Dips Slightly
As the second quarter of 2025 wound down, the U.S. held onto its top spot for the highest share of Bitcoin hashrate—though it slipped slightly, down just 0.60% since May 27. Meanwhile, turning over into Q3, Russia turned up the dial, posting a 6.12% jump in its share since that same date in May. HashrateSource link