
2025-07-10 14:11:44
Agora, which offers a white-labeling service to let other companies launch their own, self-branded versions of its stablecoin, AUSD, raised a $50M Series A (Leo Schwartz/Fortune)
https://fortune.com/crypto/2025/07/10/exclu…
Agora, which offers a white-labeling service to let other companies launch their own, self-branded versions of its stablecoin, AUSD, raised a $50M Series A (Leo Schwartz/Fortune)
https://fortune.com/crypto/2025/07/10/exclu…
I can't recall a time when I heard about a Russian threat group stealing crypto.
GreedyBear: 650 Attack Tools, One Coordinated Campaign
https://blog.koi.security/greedy-bear-massive-crypto-wallet-attack-spans-across-mult…
What began as a silent infiltration into one of the world’s largest cryptocurrency mining pools has now been confirmed as
the biggest crypto theft in history.
The LuBian mining pool, once a dominant force in the Bitcoin network, quietly lost over 127,000 Bitcoins in 2020.
The breach was only uncovered in 2025 by Arkham Intelligence, revealing a staggering $14.5 billion worth of stolen assets that had remained untouched and undetected for half a decade
Crypto Renaissance Means It's Time to Protect Banks (Bloomberg)
https://www.bloomberg.com/opinion/articles/2025-07-11/crypto-week-time-to-protect-banks
http://www.memeorandum.com/250711/p40#a250711p40
'Self-Enrichment': JD Vance Stands to Profit From Trump Military Contracts, Crypto Reserve | Common Dreams
https://www.commondreams.org/news/self-enrichment-jd-vance-stands-to-profit-from-trump-military-contracts-crypto-reserve
The latest "Tetra crypto is broken" is a reminder that, apparently, secure cryptography is counterintuitive to many, and this goes up to gov officials, police, military, etc. - the prevalent and completely wrong idea that "we need something extra special for extremely high security". While the exact opposite is true. The best you can do is to use the most standard crypto available. Because that's the one that will have seen most scrunity.
How crypto executives, lobbyists, campaign operatives, and Trump business partners successfully turned Trump from an outspoken bitcoin skeptic into a supporter (New York Times)
https://www.nytimes.com/2025/07/09/us/politics/trump-crypto-lobbying.html
"The Big Tobacco, Climate Denial Lobbyist and Crypto Firms Sponsoring the Reform UK Conference"
#UK #UnitedKingdom #Climate
A czar is born: Inside David Sacks' 130-day White House mission to remake crypto and AI (The San Francisco Standard)
https://sfstandard.com/2025/07/10/david-sacks-crypto-white-house-donald-trump/
http://www.memeorandum.com/250710/p84#a250710p84
Don't miss today's Metacurity for the critical infosec developments you might have missed over the weekend, including
--Embargo may be a rebranded version of ALPHV ransomware group,
--Russian threat group GreedyBear is stealing crypto,
--Israel beat Iran in the brief war's cyber conflicts,
--M&S resumes click and collect orders,
--GPT-5 was a disaster and easy to hack,
--Hacker breached dealership portal and could hack customers' cars,
Sources: Trump's World Liberty Financial is seeking to raise $1.5B to launch a publicly traded crypto treasury company that would hold its WLFI token and cash (Fortune)
https://fortune.com/crypto/2025/08/08/donald-trump-wo…
European crypto platform SwissBorg to reimburse users after $41 million theft https://therecord.media/swissborg-platform-solana-cryptocurrency-stolen
Do you invest in #crypto or are you a public figure? You should take action to prevent a SIM swap attack. #cybersecurity
From: @…
Federal prosecutors accuse two US men of operating and promoting OmegaPro, a crypto multi-level marketing scheme that allegedly defrauded victims of $650M (MacKenzie Sigalos/CNBC)
https://www.cnbc.com/2025/07/08/doj-omegapro-crypto-scam.html
Oh, if you are using NPM for your Javascript maybe don't push to production and revert things a bit? What a mess...
#javascript
🍐 Indian crypto exchange CoinDCX says $44 million stolen from reserves
#crypto
Sources: Peter Thiel-backed crypto exchange Bullish has confidentially filed for a US IPO amid surging demand for digital assets under the Trump administration (Financial Times)
https://www.ft.com/content/1f0442f9-48f5-4fe3-890b-9acbb7057d2f
Improving the world, one PR at a time: #smallstep step-ca will accept the old name "nonRepudiation" in the X.509…
https://crypto-economy.com/hacker-behind-300m-coinbase-breach-buys-millions-in-ethereum-eth/
The hacker who stole $300 million from Coinbase is out there carefully managing trades to capitalize on future bullish cycles.
More than $40 million stolen from GMX crypto platform https://therecord.media/gmx-exchange-cryptocurrency-stolen
Crypto exchange Gemini raises the proposed price range for its US IPO from $17-$19 per share to $24-$26, targeting a valuation of up to $3.08B (Ateev Bhandari/Reuters)
https://www.reuters.com/business/gemini-lifts-ipo-pri…
Securing Transformer-based AI Execution via Unified TEE and Crypto-protected Accelerators
Jiaqi Xue, Yifei Zhao, Mengxin Zheng, Xun Chen, Fan Yao, Yan Solihin, Qian Lou
https://arxiv.org/abs/2507.03278
The stocks of Strategy copycats, companies buying crypto for their treasuries, are falling, as some struggle with little differentiation and rising volatility (Bloomberg)
https://www.bloomberg.com/news/articles/2025-09-09/saylor-insp…
"A 2021 report from Chainalysis revealed that in 2019 about 2.1% of all crypto transactions accounted went into criminal activity, or roughly $21.4 billion in transaction volumes. Meanwhile, the UN estimates that between 2% and 5% of global GDP (that is between $1.6 and $4 trillion in fiat currency) goes into illicit financing/money laundering every year. To paint a clearer picture, criminal activity using fiat currencies is 160 times more than its crypto counterpart."
The explosion in crypto treasury companies is making experts in and outside of crypto nervous.
A crypto CEO described the “huge” risk based on assets that have “almost nothing backing [them]”.
Crypto analysts at Galaxy have compared them to the 1920s investment trust collapse.
https://
Florida AG's office launches an investigation into Robinhood for "falsely promoting" its trading platform as the "least expensive way to purchase crypto" (Kirk Ogunrinde/Bloomberg)
https://www.bloomberg.com/news/articles/20
Crypto group claims responsibility for hurling sex toys at WNBA games (Meghan L. Hall/USA Today)
https://www.usatoday.com/story/sports/wnba/2025/08/07/wnba-sex-toys-green-dildo-crypto-meme-coin/85551443007/?link_source=ta_bluesky_link&taid=6894f4f9a84a4a00010d10da
http://www.memeorandum.com/250807/p147#a250807p147
Crypto crimes cost Ukraine billions annually in lost revenue, new reports finds: https://benborges.xyz/2025/08/29/crypto-crimes-cost-ukraine-billions.html
Pastor comitted crypto fraud, blames god for telling him to do it!! #hipocracy #religion
Crypto investor Justin Sun files a lawsuit against Bloomberg, seeking to block the media company from publishing a detailed breakdown of his crypto holdings (Vivian Nguyen/Crypto Briefing)
https://cryptobriefing.com/justin-sun-lawsuit-bloomberg-crypto/
Each week, Metacurity offers our free and paid subscribers a rundown of the top infosec-related long reads.
Don't miss this week's selection, which includes
--How the Huione Group launders billions in scams and crypto heists,
--Fears of China spying on the UK financial system,
--How stolen iPhones travel around,
--Cyber played only an incremental role in the Israel-Iran conflict,
--CISA 2015 must be reauthorized,
--Watermarks to weed out deepfa…
»npm Packages With 2 Billion Weekly Downloads Hacked in Major Attack:
Aikido Security flagged the largest npm attack ever recorded, with 18 packages like chalk, debug, and ansi-styles hacked to hijack crypto wallets via injected code.«
Good heavens! Another example of how "simple" and popular programming languages are misused to exploit users.
😠
🏧 Crypto ATMs fueling criminal activity, Treasury warns
#crime
It is so profoundly bizarre to see both:
- The insinuation that coders writ large don’t want to use AI tools and have to be forced
- and the claim that somehow AI is the bee’s knees because all of genX are using it after passing on crypto or whatever.
Both takes are obvious nonsense and this might be the most myopic instance of bubbles I’ve seen so far.
Eric Trump Removed From Board Role After Firm Consults Nasdaq (Zach Everson/Forbes)
https://www.forbes.com/sites/zacheverson/2025/09/09/eric-trump-world-liberty-financial-alt5-sigma-nasdaq-crypto/
http://www.memeorandum.com/250909/p70#a250909p70
The Winklevoss twins have become major GOP donors; a source says they've donated $32M since 2017, including $21M to a new pro-Trump and pro-crypto super PAC (Alex Isenstadt/Axios)
https://www.axios.com/2025/09/05/winklevoss-twins-gop-crypto-megadonors
#GiftLink Trump’s Finances Were Shaky. Then He Began to Capitalize on His Comeback. - The New York Times
https://www.nytimes.com/2025/07/02/us/trump-finances-crypto.html?unlocked_article_code=1.UE8.CxID._Ec9AHxnLi5r&smid=url-share
»Telegram Purged Chinese Crypto Scam Markets—Then Watched as They Rebuilt:
Last month, Telegram banned black markets that sold tens of billions of dollars in crypto-scam-related services. Now, as those markets rebrand and bounce back, it’s done nothing to stop them.«
Is anyone of you surprised? But the real question is, how do I convince people to stop using Telegram?
🤷
Sources: Nasdaq is set to acquire $50M in shares of the Winklevoss twins' Gemini crypto exchange in a private placement at the time of the IPO this week (Echo Wang/Reuters)
https://www.reuters.com/business/media-tel
📉 Token That’s Literally USELESS Is Crypto’s Latest Meme Cult
https://www.coindesk.com/markets/2025/06/18/token-that-s-literally-useless-is-crypto-s-latest-meme-cult
In what Public Citizen called
"the greatest corruption in presidential history,"
Donald Trumpand his family added $5 billion in cash to their fortunes this Labor Day
as his new cryptocurrency was opened to the public market.
The currency, known as WLFI,
is owned by World Liberty Financial,
a company founded by the president's sons, Donald Trump, Jr., and Eric Trump.
A Trump business entity owns 60% of the company and is entitled to 75% …
Sources: Binance wrote the smart contract for USD1, a stablecoin launched by Trump's World Liberty, and promoted it to its 275M users, before CZ sought a pardon (Bloomberg)
https://www.bloomberg.com/news/features/20
Bo Hines, the head of the White House Presidential Council of Advisers for Digital Assets, says he is stepping down and returning to the private sector (Hadriana Lowenkron/Bloomberg)
https://www.bloomberg.com/news/articles/20…
Exclusive: ‘It’s scary’ - crypto workers under siege from North Korean hackers
https://www.reuters.com/world/asia-pacific/its-scary-crypto-workers-under-siege-north-korean-hackers-2025-09-04/
Rep. Ayanna Pressley (D-Mass.) described Trump's latest $5 billion windfall as
"blatantly corrupt and a brazen abuse of power."
"The current occupant of the White House," she said, "is putting personal profit above the people,
using his power to illegally line the pockets of his family and billionaire friends
while hanging everyday families out to dry
by ripping away their healthcare, food assistance, raising the cost of consumer good…
😰 Hackers Behind $140M Brazil Banking Heist Turn to Crypto to Launder Their Loot
https://www.coindesk.com/business/2025/07/04/hackers-behind-usd140m-brazil-banking-heist-turn-to-crypto-to-launder-their-loot
House GOP leaders announce a regulatory Crypto Week from July 14 to July 18 to consider three key crypto bills, including the Senate-led GENIUS Act (Jesse Coghlan/Cointelegraph)
https://cointelegraph.com/news/us-republicans-declare-crypto-w…
Tequila, Drugs and Torture: The Spending Binge of Two Crypto Bros That Ended Behind Bars (Wall Street Journal)
https://www.wsj.com/us-news/crypto-duplessie-woeltz-kidnap-torture-aae24e88?st=vzAxS3&reflink=desktopwebshare_permalink
http://www.memeorandum.com/250803/p43#a250803p43
The US SEC launches Project Crypto, an initiative to "modernize" securities regulations to allow for crypto-based trading (Tanaya Macheel/CNBC)
https://www.cnbc.com/2025/07/31/sec-debuts-project-crypto-to-bring-us-financial-mark…
North Korean hackers are suspected in the theft of $44 million in cryptocurrency from Bengaluru-based Neblio Technologies Private Limited, which owns the CoinDCX exchange.
https://timesofindia.indiatimes.com/ci
Crypto asset manager CoinShares agrees to go public via SPAC Vine Hill at a $1.2B pre-money valuation, set to close by the end of Q4; CoinShares has ~$10B AUM (Muyao Shen/Bloomberg)
https://www.bloomberg.com/news/articles/20…
🤦🏿♂️ A company tried to put real estate on the Blockchain and now it's facing a lawsuit from the city of Detroit
#detroit
Eric Trump talks up crypto ambitions as family empire eyes Asia (Nikkei Asia)
https://asia.nikkei.com/editor-s-picks/interview/eric-trump-talks-up-crypto-ambitions-as-family-empire-eyes-asia
http://www.memeorandum.com/250901/p57#a250901p57
Stripe and Paradigm unveil Tempo, a Layer-1 blockchain for stablecoins; a source says Tempo will not launch with its own token and there is no launch timeline (Leo Schwartz/Fortune)
https://fortune.com/crypto/2025/09/04/stripe-paradigm-…
🧮 CBEX crypto scam: AI-hyped Ponzi scheme defrauds African investors
#scam
Wow, it's a big cybersecurity news day, so don't miss Metacurity for the critical infosec developments you should know, including,
--China-aligned hackers hijack servers to game Google rankings,
--Salt Typhoon may have stolen data from nearly every American,
--N. Korea has crypto workers under siege,
--House panel approves measure to renew cornerstone cyber law,
--Stealerium malware takes screenshots of users watching porn,
--M&S hackers claim Ja…
Trump Family Amasses $5 Billion Fortune After Crypto Launch (Angus Berwick/Wall Street Journal)
https://www.wsj.com/finance/currencies/trump-family-amasses-6-billion-fortune-after-crypto-launch-567faec5
http://www.memeorandum.com/250901/p58#a250901p58
Subzero Labs, which is building Rialo, a blockchain designed for non-crypto developers to build "real-world" apps, raised a $20M seed led by Pantera Capital (Ben Weiss/Fortune)
https://fortune.com/crypto/2025/08/01/subzero-labs-seed-r…
Robinhood announces an expanded offering of tokenized US stocks across Europe, crypto staking in US, a Layer 2 blockchain for real-world asset settlement, more (MacKenzie Sigalos/CNBC)
https://www.cnbc.com/2025/06/30/robinhood-crypto-cannes.html
Check out today's Metacurity for a ton of critical infosec developments you might have missed over the weekend, including
--US Senate confirms Cairncross as National Cyber Director,
--Dutch Caribbean offices hit by cyberattacks,
--SharePoint was supported by Chinese engineers,
--Hackers stole crypto now worth $14.5b from LuBain in 2020,
--CISA and USCG found a bunch of OT misconfigs,
--CISA unveils malware analysis platform Thorium,
--DHS to give…
How David Sacks emerged as a key advocate for tech, crypto, and AI in the Trump administration, leveraging his tech expertise and All-In media presence (Ben Smith/Semafor)
https://www.semafor.com/article/09/08/2025/david-sacks-rules-for-success-i…
A look at the annual Ethereum Community Conference, or EthCC, Ethereum's flagship European event, held in Cannes this year to showcase the network's growth (MacKenzie Sigalos/CNBC)
https://www.cnbc.com/2025/07/04/the-ethcc-
The Spectacular Comeback Tour of a Crypto Convict (New York Times)
https://www.nytimes.com/2025/09/07/technology/ross-ulbricht-silk-road-comeback.html?unlocked_article_code=1.kE8.oHlQ.yv-5s9RCxDy4&smid=url-share
http://www.memeorandum.com/250907/p48#a250907p48
The Open Platform, a key TON developer that is behind Telegram's Wallet, raised a $28.5M Series A at a $1B valuation, bringing its total funding to $70M (Ben Weiss/Fortune)
https://fortune.com/crypto/2025/07/03/telegram-…
A profile of Robinhood CEO Vlad Tenev, whose personal fortune has surged 6x over the past year to $6.1B, as the company leans into tokenized stock derivatives (Nina Bambysheva/Forbes)
https://www.forbes.com/sites/ninabambyshev…
Check out today's Metacurity for the most critical infosec developments you should know, including
--US House of Representatives bans WhatsApp on security grounds
--US Cybercom played a role in Iran attack,
--Crypto scam services return after Telegram beheading,
--NoName DDoS'ed Dutch cities ahead of NATO summit,
--REvil members released in Russia,
--Coinbase poseur stole millions from crypto holders,
--Critical infrastructure defense project …
A look at the US Secret Service's GIOC, which sources say helped seize ~$400M in digital assets over the past decade through crypto scam investigations globally (Myles Miller/Bloomberg)
https://www.bloomberg.com/news/articles/20
Filings: crypto industry donated $26M to Trump's super PAC, MAGA Inc., in H1, including $5M from Blockchain.com; Marc Andreesen and Ben Horowitz gave $3M each (Axios)
https://www.axios.com/2025/08/01/trump-crypto-donors-maga-super-pac
It's impressive how much crypto theft can be automated using ChatGPT to monitor wallets and then automatically pluck out currency.
North Korean hackers automate crypto crime with ChatGPT
https://cointelegraph.com/magazine/chatgp…
Blockchain-based lender Figure upsizes its US IPO and now plans to sell 31.5M shares priced between $20 and $22, aiming to raise up to ~$693M, up from $526M (Echo Wang/Reuters)
https://www.reuters.com/business/stablecoin-is…
Research and 25 experts, victims, and execs: North Korean hackers are saturating the crypto industry with credible-seeming job offers in a bid to steal crypto (Reuters)
https://www.reuters.com/world/asia-pacific/its-scary-crypt…
Trump Media and Crypto.com sign a deal to integrate Crypto.com's wallet and adopt the CRO token for Truth Social's rewards; Trump Media will buy $105M in CRO (Oliver Knight/CoinDesk)
https://www.coindesk.com/business/2025/08/
Etherealize, which develops products and infrastructure for financial institutions on Ethereum, raised $40M in a round co‑led by Electric Capital and Paradigm (Ben Weiss/Fortune)
https://fortune.com/crypto/2025/09/03/etherealize-vi…
M0, which develops stablecoin infrastructure to boost interoperability and liquidity, raised a $40M Series B led by Polychain and Ribbit Capital (Ben Weiss/Fortune)
https://fortune.com/crypto/2025/08/28/m0-series-b-40-million-polychain-ribbi…
Underdog and Crypto.com launch a sports prediction market to let US users in 16 states bet on the NFL, the NBA, and other leagues via Underdog's app (Contessa Brewer/CNBC)
https://www.cnbc.com/2025/09/02/cryptocom-and-underdog-partne…
A profile of Zachary Cefaratti, a below-the-radar dealmaker for data centers, crypto mining, and tech groups in the Gulf through his advisory firm Dalma Capital (Chloe Cornish/Financial Times)
https://www.ft.com/content/3145e08c-9316-4d52-846e-25700402aa16
President Trump orders regulators to investigate banks for "politicized or unlawful debanking", echoing allegations from conservatives and the crypto industry (Joel Khalili/Wired)
https://www.wired.com/story/donald-trump-orders-crackdow…
ReserveOne, a cryptocurrency holding company with bitcoin, ethereum, and Solana, plans to list on the Nasdaq through a SPAC deal expected to raise $1B (Niket Nishant/Reuters)
https://www.reuters.com/business/reserveon
El Salvador-based Tether says it holds nearly 80 tons of gold, worth ~$8B, in a vault in Switzerland; precious metals made up nearly 5% of its reserves in March (Jack Ryan/Bloomberg)
https://www.bloomberg.com/news/articles/20
Telegram expands access to its TON crypto wallet, integrated into the Telegram app, for its 87M users in the US (Amanda Silberling/TechCrunch)
https://techcrunch.com/2025/07/22/telegrams-crypto-wallet-launches-in-the-us/
American Bitcoin, a bitcoin mining and holding company backed by Eric Trump and Donald Trump Jr. and a subsidiary of publicly-traded Hut 8, raised $220M (Ben Weiss/Fortune)
https://fortune.com/crypto/2025/07/01/american-bitcoin-pres…
Elliptic: Tudou Guarantee and other Telegram-based crypto scam marketplaces have grown rapidly since Telegram banned the two most popular ones a month ago (Andy Greenberg/Wired)
https://www.wired.com/story/telegram-purged-chinese-cryp…
New York-based Talos, which develops digital asset trading infrastructure, says it acquired blockchain data provider Coin Metrics, a source says for over $100M (Leo Schwartz/Fortune)
https://fortune.com/crypto/2025/07/16/talos-crypto…
London-based OneBalance, which lets developers integrate crypto features into their apps, raised a $20M Series A led by Cyber Fund and Blockchain Capital (Catherine McGrath/Fortune)
https://fortune.com/crypto/2025/06/11/
FHFA Director William Pulte orders Fannie Mae and Freddie Mac to explore crypto as an asset for single-family mortgage applications without converting it to USD (MacKenzie Sigalos/CNBC)
https://www.cnbc.com/2025/06/25/trump-crypto-mortgage.html
Kraken launches Krak, a P2P payments app that lets users send funds across 110 countries using 300 assets, including crypto, stablecoins, and fiat currencies (Ian Allison/CoinDesk)
https://www.coindesk.com/business/2025/06/
Tether acquires a minority stake in MiCA-licensed Spanish crypto exchange Bit2Me and is leading a €30M funding round that will close in the coming weeks (Naga Avan-Nomayo/The Block)
https://www.theblock.co/post/366000/tether
Christian Catalini, co-creator of Meta's Libra stablecoin project, reflects on Libra's failure, what Stripe's Tempo blockchain can learn from it, and more (Christian Catalini/Forbes)
https://www.forbes.com/sites/christiancata
In H1 2025, hackers stole $2.17B from crypto services, including the DPRK's record $1.5B Bybit hack, surpassing all of 2024 and up 17% on H1 2022 (Chainalysis)
https://www.chainalysis.com/blog/2025-crypto-crime-mid-year-update/
A US jury finds Tornado Cash co-founder Roman Storm guilty of conspiring to run an unlicensed money-transfer operation that laundered $1B via Tornado Cash (Bloomberg)
https://www.bloomberg.com/news/articles/2025-08-06/tornado…
The DOJ announces the seizure of $225.3M in crypto, the largest-ever US seizure of cryptocurrency linked to confidence schemes known as "pig butchering" (MacKenzie Sigalos/CNBC)
https://www.cnbc.com/2025/06/18/doj-crypto-scams.html
CoinMarketCap: bitcoin's share of crypto market value grew to 64% this year, highest since January 2021, and altcoins lost $300B , as big investors flock to BTC (Bloomberg)
https://www.bloomberg.com/news/articles/20
Trump family's World Liberty Financial is using a publicly listed company, ALT5 Sigma, to raise $1.5B for the purchase of its WLFI token (Ben Weiss/Fortune)
https://fortune.com/crypto/2025/08/11/world-liberty-financ…
The UK's Financial Conduct Authority plans to allow retail investors to access crypto exchange-traded notes, dubbed cETNs, on FCA-approved, UK-based exchanges (James Hunt/The Block)
https://www.theblock.co/post/365245/uk-crypto-etns-retail
TRM Labs launches Beacon Network, a real-time alert system for illicit crypto activity, partnering with law enforcement and exchanges like Binance and Coinbase (Jesse Hamilton/CoinDesk)
https://www.coindesk.com/policy/2025/08/19
Crypto and tech entrepreneurs are attending Network School, founded by Balaji Srinivasan in Forest City, Malaysia, to test his concepts about the Network State (Ryan Weeks/Bloomberg)
https://www.bloomberg.com/news/articles/20
Chainlink and Mastercard announce a partnership to enable card users to buy crypto "directly onchain through a secure fiat-to-crypto conversion" (RT Watson/The Block)
https://www.theblock.co/post/359461/mastercard-chainlink-onchai…