anhbacong

Cybercriminal convicted of $800,000 fraud

Cameron Albert Redman, a 22-year-old Canadian, has been sentenced to one year in prison for fraud and identity theft. Redman and his accomplices took control of the accounts #X (formerly Twitter) of famous artists and brands to carry out sophisticated scams, acquiring $794,000 in cryptocurrency and NFTs from over 200 victims.

Method of the scam and consequences

Redman's group hacked the X accounts of major influencers like Mike “Beeple” Winkelmann and Gary Vaynerchuk, then posted links leading to fake websites. These sites hosted bogus giveaway programs, enticing victims to click the link and "confirm" a transaction.
In reality, this confirmation allowed the scammers to access the victims' cryptocurrency wallets, thereby stealing #NFT​ and cash. Although the victims believed they were receiving NFTs, they inadvertently granted control of the wallets to Redman.
This is not Redman's first offense. According to court records, he has previously been imprisoned for stealing over $40 million in cryptocurrency in a SIM swap attack. Court documents describe Redman as a "sophisticated, successful, and repeat cybercriminal," highlighting the danger of technology crimes in today's context. #anhbacong

Base surpasses Solana in the number of new tokens created, thanks to the Zora platform

Coinbase's layer-2 network Base has just surpassed Solana in the number of tokens created daily. The main driver comes from #zora , a platform on Base, which has created more tokens than both Pump.fun and LetsBonk of Solana combined.

The boom of Zora and the decline of Pump.fun

According to Dune's data, Zora has created a record number of 51,575 #Token in just one day, accounting for 67.7% of the total number of tokens created on both Base and Solana. This is the first time in more than a year that another blockchain has surpassed Solana in the number of token launches.
The boom of Zora occurs amidst a significant decline in Pump.fun's market share on Solana. Pump.fun was once the "factory" for creating meme tokens, but is now surpassed by competitors LetsBonk and Zora.
The biggest difference is Zora's operating mechanism. This platform turns each of its social media posts into a token on Base. Instead of just tokens being mass-produced by bots like on Pump.fun, Zora focuses on encouraging users to create original content, art, or everyday stories. Users trade these tokens, betting on the virality of the posts, creating a fresh and unique model. #anhbacong

The White House's crypto report does not mention a Bitcoin reserve

A senior official in President $TRUMP 's administration confirmed that the White House's report on cryptocurrency will not include any proposals related to the creation of a federal Bitcoin reserve. Although the report is over 160 pages long and includes dozens of policy proposals, it overlooks one of the administration's most prominent goals.

Conflict between the report and the decree

Previously, the first executive order on cryptocurrency from President Trump in January required that this report must "assess the ability to create and maintain a national digital asset reserve". However, this report only focused on creating a clear legal framework for the industry.
The official stated that the Department of the Treasury is "working diligently" to create infrastructure for a reserve #bitcoin and will have more information "in the short term". The second decree, signed in March, officially established a federal Bitcoin reserve and another digital asset reserve. However, the legal and investment assessment for these reserves has yet to be released.
In the initial weeks of the administration, officials emphasized the importance of viewing Bitcoin as a strategic asset similar to gold. However, so far, very few details have been disclosed about how to establish it, the funding to purchase more Bitcoin, or the amount of Bitcoin that the U.S. government currently holds. #anhbacong

Twenty One Capital increases its Bitcoin holdings to 43,500 BTC, maintaining a top 3 position in the world

Twenty One Capital, a company backed by Tether, has just announced that it will add 5,800 $BTC , raising its total Bitcoin holdings to over 43,500 BTC, worth approximately 5.15 billion USD. With this figure, Twenty One Capital officially becomes the third publicly traded company in the world holding the most Bitcoin, following Strategy and Marathon Digital (MARA).

Unique Bitcoin-native business model

#TwentyOneCapital is not just an investment fund, but the first "Bitcoin-native" business to go public. The company's goal is to make Bitcoin a core asset on the balance sheet, rather than operating under a traditional model. All BTC held will be custodied on-chain and publicly displayed as Proof of Reserve (PoR) in real-time, ensuring absolute transparency.
The company is in the process of listing its shares under the ticker "XXI" on the SEC. After the listing, each share will represent approximately 12,559 sats, according to the Bitcoin per Share (BPS) model. This allows investors to indirectly own Bitcoin through shares, providing a safer and more transparent investment method compared to ETF products.
This is an important step, opening a new era for businesses "Bitcoinizing" their balance sheets, and affirming Bitcoin's position as a long-term strategic asset. #anhbacong

Ethereum defies Bitcoin's downtrend, aiming for the $5,000 mark

Ethereum is showing incredible strength, going against the downward trend of Bitcoin and other altcoins. Many analysts believe that ETH is on the verge of a breakout, with a potential target of $5,000.

Factors supporting the growth

While $BTC adjusts to the $117,000 mark, Ethereum has risen nearly 3% this week, approaching the important psychological threshold of $4,000 for the fourth time since March 2024. Key factors driving this increase include:
Abundant ETF cash flow: Ethereum spot ETFs have recorded 18 consecutive days of inflows, totaling $5.51 billion since the beginning of July, indicating significant interest from institutions.
Regulatory changes: The SEC is likely to approve staking for Ethereum ETFs, a move expected to enhance the appeal of this asset.
Institutional accumulation: Cryptocurrency treasury companies are increasingly active in buying $ETH .
Additionally, favorable macroeconomic factors such as the policies of the U.S. Federal Reserve (Fed) and the risk appetite stemming from the AI boom are also expected to serve as catalysts, helping Ethereum to break out strongly in the coming months. Some analysts predict that ETH could reach new highs this year, surpassing the $5,000 mark. #anhbacong

SEC allows to increase the options trading limit for BlackRock's Bitcoin ETF fund (IBIT) to 10 times

The cryptocurrency market is receiving extremely positive news as the U.S. Securities and Exchange Commission (SEC) has just approved the increase of the options trading position limit of the Bitcoin ETF fund #IBIT from 25,000 contracts to 250,000 contracts, which is a tenfold increase compared to before.

Scaling up, attracting large institutions

This decision not only affirms the growing acceptance of Bitcoin by regulators but also opens up great opportunities for financial institutions. Even before the limit was raised, the options trading volume of IBIT had reached over $4 billion per day, surpassing many other well-known ETFs specializing in bonds.
This limit increase will make it easier for large financial institutions to participate in the Bitcoin market, facilitating their risk management and optimizing investment strategies. This is an important step, showing that Bitcoin is not just a speculative asset but also a mainstream financial tool, increasingly used in complex investment strategies.
This event promises to bring a massive influx of capital from institutions into the market, promoting sustainable development and creating strong growth momentum for Bitcoin in the future. #anhbacong

Visa, one of the global payment giants, views stablecoin as a long-term opportunity full of potential, but acknowledges that the adoption of this currency is still modest.

Great potential but still limited

In the second quarter financial report of 2025, #Visa recorded a revenue of 10.17 billion USD. However, the transaction volume of stablecoin only reached 200 million USD, a modest figure compared to the company's massive scale. CEO Ryan McInerney stated that the global acceptance of stablecoin is still constrained, mainly due to the lack of a clear and solid legal framework.

Efforts and future direction

Nevertheless, Visa continues to demonstrate seriousness in harnessing the potential of stablecoin. The company is actively testing Visa Direct for cross-border transactions and investing in stablecoin infrastructure companies like #BVNK . Recently, Visa has partnered with Bridge to provide stablecoin services in Latin America.
Visa expresses hope that the U.S. government and other countries will soon issue clearer regulations, facilitating the development of stablecoin. The signing of the GENIUS Act by President Trump is an important step, providing some legal guidance for stablecoin in the U.S.
According to experts, although stablecoin is still in its early stages, with the development of technology and clearer regulations, this currency could see broader adoption in the coming years, especially in areas like cross-border payments and global payroll. #anhbacong

BitMine, the Ethereum treasury company, approves a $1 billion stock buyback

BitMine Immersion Technologies, the largest Ethereum treasury company, has just approved a plan to buy back up to $1 billion in common stock. This plan has no fixed deadline, allowing the company to conduct stock buybacks periodically to support its Ethereum accumulation strategy.

Ambitious goals and flexible strategy

President #Bitmine , Tom Lee, reaffirmed the company's goal of staking and holding 5% of the total Ethereum supply. With 625,000 ETH (worth about $2.4 billion) already owned, BitMine is currently the largest Ethereum holder among public companies.
According to Lee, stock buybacks will be conducted when this is the "best expected yield" for the company's capital, in the context of the strong growth in the value of Ethereum.
BitMine is one of many companies that have shifted towards accumulating #Ethereum in their treasury to boost stock prices. Other companies like SharpLink, BitDigital, and GameSquare are also pursuing similar strategies. The emergence of ETH treasuries has been associated with the rising price of Ethereum in recent weeks.
Although BitMine's stock closed at $32, down nearly 9% over the past month, it has still increased by as much as 357% since the beginning of 2025. This indicates that the market has great confidence in the company's long-term strategy. #anhbacong

SEC considers staking proposal for BlackRock Ethereum ETF

The U.S. Securities and Exchange Commission (#SEC ) has confirmed receipt of a proposal from Nasdaq, allowing BlackRock's spot Ethereum ETF (ETHA) to perform staking. If approved, this would be a significant step, allowing the world's largest asset manager to participate in Ethereum's Proof-of-Stake mechanism and share staking rewards with shareholders.

Timeline and Context

According to SEC filings, the agency may make a decision within 45 days, but the timeline may be extended. In fact, the SEC has previously delayed similar proposals from Bitwise and Grayscale in recent months.
This proposal allows #BlackRock⁩ to use staking service providers to generate income for the fund. The income generated from staking rewards will be considered income for the fund.
Since its launch a year ago, spot Ethereum ETFs have attracted $9.4 billion in net inflows. BlackRock's ETHA fund alone contributed $9.5 billion. However, the lack of staking rewards has been viewed as a limitation. Therefore, SEC approval of this proposal would further enhance the appeal of Ethereum ETFs to investors. #anhbacong

German law creates loophole for $2.9 million crypto theft

A man in Germany has escaped criminal charges after being accused of stealing $2.9 million (€2.5 million) in cryptocurrency. This incident has exposed a significant loophole in German law, highlighting the inadequacies of current regulations regarding digital assets.

Legal loophole and consequences

According to court records, the defendant assisted the victim in setting up a crypto wallet and, during that process, obtained the seed phrase. He then transferred 25 million tokens from the victim's wallet to other wallets that the victim did not control.
However, the Higher Regional Court #Braunschweig (OLG) could not charge this individual because:
Definition of "theft": According to the German Criminal Code, theft is defined as "taking away someone else's tangible property." Since cryptocurrency does not have a physical form, it is not considered a "thing," making the theft charge inapplicable.
Crime of "computer fraud": The judges argued that blockchain transactions cannot be clearly linked to acts of unauthorized data manipulation. They stated that "one cannot assume a legitimate authorization statement for transactions in decentralized blockchain networks."
Despite escaping criminal charges, the defendant may still face civil lawsuits for damages. Legal experts predict that legal amendments are "very likely to occur" to fill this legal gap, expanding the definition of theft for digital assets and creating specific criminal regulations related to crypto. #anhbacong

Why did the company raise a 500 million USD treasury choose BNB instead of Bitcoin or Ethereum?

The public company #CEAIndustries is drawing attention for its decision to build a 500 million USD cryptocurrency treasury by focusing on BNB instead of Bitcoin or Ethereum. Future CEO David Namdar explained the reasons for this unique choice.

The 'undervalued' potential of BNB

According to David Namdar, $BNB and the BNB Chain ecosystem, despite having a similar development trajectory to Ethereum, it has been 'cut off' by Western investors and has not received the attention it deserves. He believes that this is a great opportunity for CEA Industries to become a bridge, helping traditional investors better understand the potential and workings of BNB.
Namdar stated: "I view BNB as the chain of the future. It could be the chain for opportunities in AI and robotics - there are many different things that BNB can bring."
CEA Industries has announced plans to raise up to 1.25 billion USD to purchase BNB, right on the day when BNB reached its new all-time high of 858 USD. This news caused the company's stock (VAPE) on Nasdaq to spike by more than 700% at one point.
Namdar, co-founder of Galaxy Digital, hopes to help raise BNB's profile in the West and attract more investors. He believes that the success of CEA Industries will be closely tied to helping BNB grow and gain wider acceptance. #anhbacong

Ủy ban Chứng khoán và Giao dịch Hoa Kỳ (SEC) vừa phê duyệt cơ chế tạo và đổi trả chứng chỉ quỹ bằng tài sản gốc (in-kind redemptions) cho các quỹ ETF tiền điện tử. Quyết định này cho phép các nhà đầu tư tổ chức trao đổi cổ phiếu ETF lấy BTC và ETH thực tế, thay vì chỉ nhận tiền mặt như trước đây.

Cơ chế mới và lợi ích cho thị trường

Trước đây, các quỹ #ETF Bitcoin và Ethereum chỉ được phép tạo và đổi trả chứng chỉ quỹ bằng tiền mặt (in-cash). Điều này buộc các nhà phát hành quỹ phải bán tài sản tiền điện tử trên thị trường để trả lại tiền cho nhà đầu tư khi họ muốn rút vốn.
Với sự chấp thuận mới, các nhà đầu tư tổ chức (authorized participants) giờ đây có thể trực tiếp đổi cổ phiếu ETF lấy $BTC hoặc $ETH . Điều này giúp loại bỏ bước trung gian phải bán tài sản, làm cho quy trình trở nên hiệu quả và tiết kiệm chi phí hơn. Theo Chủ tịch SEC Paul Atkins, động thái này sẽ mang lại lợi ích cho thị trường và nhà đầu tư, giúp các sản phẩm trở nên ít tốn kém và hiệu quả hơn.
Quyết định này đánh dấu một bước tiến quan trọng trong việc xây dựng khung pháp lý "phù hợp" cho thị trường tài sản kỹ thuật số tại Mỹ. Cơ chế in-kind redemptions cũng giúp các nhà đầu tư tránh được một số nghĩa vụ thuế nhất định, từ đó tạo ra một thị trường sâu hơn và năng động hơn. Sự thay đổi này được kỳ vọng sẽ mở đường cho các quỹ ETF altcoin trong tương lai. #anhbacong

Standard Chartered: Treasury companies may purchase 10% of total ETH supply

According to #StandardChartered , Ethereum treasury companies have purchased 1% of the total ETH supply in just two months. Analyst Geoff Kendrick predicts this holding could increase tenfold, reaching 10% of the total ETH supply, thereby pushing the price above $4,000.

Record accumulation rate and benefits for institutions

As of now, the treasuries #ETH have held nearly $9 billion in ETH, equivalent to nearly 2% of the total supply. This accumulation rate is twice as fast as that of Bitcoin treasury companies. The two leading companies are BitMine (with over $2 billion in ETH) and SharpLink ($1.3 billion).
According to Kendrick, the purchase of ETH by institutions is very attractive due to the ability to earn staking rewards and utility in DeFi. However, analysts at Bernstein have also pointed out the accompanying risks, such as taking several days to unstake ETH and risks from smart contracts when participating in DeFi.
Despite the risks, Kendrick believes that the growth potential of ETH treasury companies is even greater than that of Bitcoin, especially from the perspective of "regulatory arbitrage." He predicts they could own 10% of the total ETH supply, a tenfold increase from the current level.
These developments indicate that institutional interest in Ethereum is becoming increasingly strong, and the influx of capital could play a crucial role in driving the price of ETH beyond significant milestones in the future. #anhbacong

South Korea Divided on Stablecoin Regulation: Two Opposing Bills Proposed

South Korea is witnessing a heated debate over stablecoin regulation as both the ruling and opposition parties have submitted separate bills, highlighting the differences in their approaches to this digital asset. #Korea

Conflicts over Interest Rates and Control

Democratic Party Bill: Proposed by Congressman Ahn Do-geol, this bill introduces stricter regulations requiring stablecoin issuers to be approved by the Financial Services Commission and maintain a minimum capital of 3.6 million USD. Notably, this bill explicitly prohibits paying interest rates over #stablecoin and requires that reserve assets be 100% backed by cash, deposits, or government bonds.
National Power Party Bill: Submitted by Congressman Kim Eun-hye, this bill focuses on licensing requirements and disclosure obligations, aiming to "promote innovation in digital asset payments" and "enhance market reliability." This bill does not mention a ban on paying interest rates.
Both bills grant emergency powers to financial regulatory agencies, allowing the Bank of Korea to request data and conduct audits. This division occurs against the backdrop of President Lee Jae-myung pushing a crypto-friendly agenda. Experts argue that South Korea needs a balanced approach to protect consumers while not stifling innovation, helping the country compete in the global digital asset market. #anhbacong

CEO CoinDCX phủ nhận tin đồn Coinbase mua lại sau vụ hack 44 triệu USD

Sau khi có tin đồn về việc Coinbase đang đàm phán mua lại, CEO Sumit Gupta của sàn giao dịch tiền điện tử Ấn Độ #CoinDCX đã lên tiếng phủ nhận. Thông tin này xuất hiện chỉ 11 ngày sau khi CoinDCX bị tấn công và mất 44,2 triệu USD từ ví hoạt động.

"CoinDCX không phải để bán"

Trong một bài đăng trên X vào thứ Ba, Gupta đã bác bỏ báo cáo của Mint cho rằng #coinbase đang thảo luận để mua lại CoinDCX với giá gần 1 tỷ USD. Ông khẳng định: "Hãy bỏ qua tin đồn! CoinDCX đang tập trung xây dựng câu chuyện crypto cho Ấn Độ và không phải để bán".
Tin đồn về thương vụ này cho rằng Coinbase coi đây là một "canh bạc chi phí thấp" để củng cố vị thế của mình tại thị trường crypto đang phát triển của Ấn Độ. Mặc dù CoinDCX có thể được định giá thấp hơn đáng kể so với mức đỉnh 2,2 tỷ USD cách đây ba năm, Coinbase được cho là muốn đẩy mạnh sự hiện diện tại khu vực này sau khi đã đăng ký với Cơ quan Tình báo Tài chính Ấn Độ (FIU).
Tin đồn này cũng cho thấy khả năng Coinbase có thể hợp nhất các khoản đầu tư hiện có của mình vào cả CoinDCX và đối thủ cạnh tranh CoinSwitch. Tuy nhiên, CoinDCX và CoinSwitch đều đã lên tiếng phủ nhận các cuộc đàm phán này. Sau vụ hack, CoinDCX đã cam kết đền bù toàn bộ thiệt hại cho người dùng từ kho bạc của công ty và phát động chương trình tiền thưởng để khuyến khích các hacker mũ trắng giúp thu hồi tiền. #anhbacong

Linea announces token launch plans, collaborating with SharpLink and other companies for distribution

Ethereum's layer-2 network, Linea, has just announced plans to launch its own token (#Linea ) and an ecosystem fund to strengthen its position as the best destination for Ethereum capital.

Strategy to support Ethereum and operational mechanisms

Linea, created by Consensys, is strongly committed to the Ethereum platform through new mechanisms such as base yield on bridged ETH and a burn mechanism $ETH . The company has also established the Linea Consortium, a group of companies affiliated with Ethereum such as SharpLink Gaming, Consensys, Eigen Labs, and ENS Labs. This group will jointly manage the distribution of 75% of the total supply of LINEA tokens through "the largest ecosystem fund for Ethereum by allocation." According to Declan Fox, Director of Linea at Consensys, these tokens will be "carefully distributed" to users, developers, liquidity providers, organizations, and creators - anyone who helps Ethereum and Linea succeed.
In addition, Linea has a mechanism to burn 20% of transaction fees (in ETH) and uses 80% of the remaining fees to burn LINEA tokens, creating a deflationary loop proportional to network activity. This not only helps Linea grow but also directly brings value to ETH holders.
This is an important move as layer-2 networks seek to strengthen ties with Ethereum, addressing concerns that scaling networks may diminish the value of the main network. #anhbacong

Tron Inc. registers to sell 1 billion USD in securities to purchase TRX

Tron Inc., a Nasdaq-listed company that previously dealt in toys, has just filed for the registration to sell securities worth up to 1 billion USD. The company's goal is to pivot into a cryptocurrency treasury fund, focusing on purchasing $TRX , the native token of the Tron blockchain.

A risky pivot strategy

Tron Inc. plans to issue shares, debt, and other instruments to raise capital, with the funds obtained being used to "buy TRX tokens" and seek other sources of income from holding this asset. This strategy is similar to the model of Strategy (formerly MicroStrategy) but with a less liquid asset, TRX.
The company's filing reveals that the toy business no longer generates positive cash flow. Therefore, the company intends to use the funds from the securities issuance to finance its obligations.
Notably, the management of #TronInc has a close connection to the Tron ecosystem. Weike Sun, the father of Tron founder Justin Sun, is the Chairman of the Board. This familial relationship raises concerns about conflicts of interest, especially since Justin Sun was previously accused by the SEC of selling unregistered securities and manipulating the TRX market.
An analyst commented that this is "a bold liquidity technical play" aimed at directly connecting capital from traditional finance into the Tron ecosystem. However, the biggest risks are the low liquidity of TRX, regulatory uncertainty, and the company's reputation. #anhbacong

BNB Reaches New Heights – Have You Fully Understood the Value of BNB?

BNB is not just a coin that helps you pay lower transaction fees! It is also a "golden key" that opens up many exciting opportunities in the world of cryptocurrency.

Outstanding Value of $BNB :

Benefits of Participating in #Launchpool : This is where you can use BNB to "stake" and receive brand new tokens from promising projects. Just like planting seeds and then harvesting the fruits.
Receive airdrops and countless rewards: Sometimes, Binance or projects within the ecosystem will "gift" new tokens (called airdrops) for those holding BNB. In addition, there are many other rewards that you can receive by participating in the activities of the ecosystem #Binance .
Sustainable asset appreciation: BNB is not just a utility token but also an asset that has the potential to appreciate over time. From the beginning of 2024 to the end of March 2025, a user holding BNB on Binance could earn more than 177% profit from both price appreciation and ecosystem rewards!
BNB is the main utility token of BNB Chain, the decentralized ecosystem of Binance. Initially, BNB was mainly used to reduce transaction and gas fees. But now, it has become an extremely attractive asset for both short-term traders and those looking to hold long-term, thanks to Launchpool, airdrops, and continuous growth.
Are you ready to explore more values that BNB brings? #anhbacong

Windtree raises 520 million USD to buy BNB, potentially becoming the largest "whale"!

Biotechnology company Windtree Therapeutics (Nasdaq) has just announced the successful raising of 520 million USD to support its plan to purchase $BNB . This ambitious move could make Windtree the largest holder of BNB among publicly traded companies.

BNB accumulation strategy and market potential

Specifically, #Windtree has received 500 million USD from an unnamed investor and 20 million USD from Build and Build Corp. The company commits to using 99% of this amount for its BNB accumulation strategy after receiving shareholder approval.
Additionally, Windtree has signed an asset custody agreement with Kraken exchange, using this platform for custody, trading, and buying BNB via OTC channels. If the plan is fully funded, Windtree will surpass Nano Labs (which is also actively buying BNB with a target of 500 million USD) to become the publicly traded company holding the most BNB in the world.
This move comes amid a strong growth in BNB prices, reaching a new ATH of 807.6 USD on July 23. The continuous influx of capital into BNB from major companies like Windtree indicates strong confidence in the potential of this cryptocurrency, promising a bright future for the Binance ecosystem and the crypto market in general. #anhbacong

Gallup Survey: A Golden Opportunity for Crypto Growth in the U.S.!

A recent survey by #Gallup revealed interesting figures about the crypto market in the U.S., providing a positive outlook on its potential for future growth. Although only 14% of adults in the U.S. own crypto and many remain skeptical, this is precisely the golden opportunity for the industry to break through!

Expansion Potential and Market Education

Specifically, as many as 64% of U.S. investors view crypto as "very risky" and 60% have no plans to buy. However, only 4% plan to purchase – this number indicates a small but significant group is ready to participate. The survey also indicates that young men and high-income individuals are the primary crypto owners, while women, older individuals, and low-income households participate less.
This means that the market #crypto still has a lot of room for growth and expansion, especially among groups that have not been reached or do not fully understand the potential of digital assets. The public's significant skepticism (only 4% of Americans believe crypto is the best long-term investment) is not a barrier but a motivation for the crypto industry to focus on education and building trust, thereby attracting millions of new users.
With the increasing participation of institutional investors and the untapped potential of the retail market, now is the time for the crypto industry in the U.S. to prove its value and make even stronger breakthroughs! #anhbacong