MEXC reported a 12% quarter-over-quarter decline in syndicate-related fraud during Q2 2025, blocking over 70,000 fraud attempts using artificial intelligence (AI)-powered risk controls and targeted regional interventions. AI-Driven Security Cuts Crypto Fraud on MEXC As Fraud Attempts Decline MEXC has published its Q2 2025 Risk Control Summary, revealing a 12% decrease in syndicate-related fraud attempts […] Source CryptoX Portal
Major cryptocurrencies experienced two-way price action early Friday, as the dollar remained bid against major fiat currencies following President Donald Trump’s announcement of new tariffs. Bitcoin (BTC) fell to $114,290, nearly testing the bullish trendline drawn off April and June lows, but has since recovered to trade near $115,900, according to CryptoX data. Ether (ETH), the second-largest token by market value, mimicked BTC’s price action, erased the early drop to $3,616 to trade near $3,690. The early jitters likely stemmed from Trump’s wide-ranging tariffs and the continued rise in the…
After rising to a new 7-year high off the back of strong buys, the XRP price has moved back downward in search of new support levels. This move has been spurred by the general bearish sentiment that has plagued the market as the Bitcoin price struggled to reclaim its all-time high levels, putting altcoins at risk once again. On its own, the XRP price is facing unique barriers, especially when it comes to buying, which could trigger another wave of decline. Directions The XRP Price Could Go Crypto analyst Thecafetrader…
Key points: Retail investors bore the brunt of ETH’s long liquidations, but they also stepped in to buy the dip to $3,600. ETH price rebounded to its average trading range while Bitcoin continues to face heavy selling below $116,000. ETH (ETH) price continues to face selling near $4,000, to the surprise of many traders who were sure that the $10.16 billion in strategic Ethereum reserves and 19-day streak of inflows to the spot ETH ETFs (totalling $21.85 billion in total holdings) would lift the altcoin’s price above the long-term resistance…
Visa supercharges the future of finance by expanding stablecoin settlements with new digital assets and blockchains, unlocking a new era of global crypto payments. Visa Broadens Stablecoin Network With Euro Integration and New Blockchain Access Payments giant Visa announced on July 31 that it is extending its stablecoin settlement infrastructure by integrating more digital currencies […] Source CryptoX Portal
In a regulatory pivot, the SEC chair declared most crypto assets fall outside securities laws, unleashing unprecedented momentum for U.S. blockchain innovation and institutional adoption. SEC Chair Declares Most Crypto Assets Are Not Securities in Historic Reversal Crypto investors have long struggled with how digital assets are classified under U.S. law—especially following years of enforcement-driven […] Source CryptoX Portal
The SEC is committed to sweeping new crypto regulations with full federal backing, aiming to future-proof innovation and solidify U.S. dominance in the digital asset economy. SEC Commits to Building Future-Proof Crypto Rules With Full Federal Backing Paul S. Atkins, chair of the U.S. Securities and Exchange Commission (SEC), announced on July 30 that the […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Strategy (MSTR), the largest corporate holder of bitcoin, plans to raise as much as $4.2 billion through sales of a newly issued preferred stock series, according to a Thursday filing with the U.S. Securities and Exchange Commission. The offering comes just days after the company sold nearly $2.5 billion worth of STRC, or “stretch,” to investors and the stock debuted trading on the Nasdaq Global Select Market. The shares pay a 9% variable dividend, adjustable at the company’s discretion to maintain market price…
A proposed exchange-traded fund (ETF) combining Pudgy Penguins’ PENGU token and its non-fungible tokens (NFTs) has progressed to formal review by the U.S. Securities and Exchange Commission (SEC), according to a new report by Animoca Brands Research. Animoca Highlights Pudgy Penguins’ Path: IP Boom to ETF Filing Animoca researchers note that the hybrid product, filed […] Source CryptoX Portal
Tether International Ltd., the holding company behind the largest stablecoin, USDT, posted second-quarter net profit of $4.9 billion. The company held over $162.5 billion in reserves against $157.1 billion in liabilities, the USDT tokens issued, according to the latest attestation by accounting firm BDO. That puts excess reserves at $5.4 billion. Exposure to U.S. Treasuries, including direct holdings and instruments like money market funds and overnight reverse repurchase agreements, rose past $127 billion as it issued more than $13 billion of USDT in the quarter. The company said it booked…