NEW YORK — Hack and scam victims who reached out to Tornado Cash requesting assistance retrieving their stolen funds received little in the way of help from the privacy tool’s developers, three government witnesses told the jury during day two of Roman Storm’s criminal money laundering trial. One victim, a Taiwan-born Georgia woman who said she lost nearly $250,000 to a wrong-number pig butchering scam — with a portion of the proceeds laundered through Tornado Cash — said her request for help went unanswered. Another witness, a lawyer for crypto exchange BitMart, which…
Category: CryptoX News
ATOM Surges 4% as Cosmos Abandons EVM Strategy for Interoperability Focus
CryptoX Analytics is CryptoX’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets. All content produced by CryptoX Analytics is undergoes human editing by CryptoX’s editorial team before publication. The tool synthesizes market data and information from CryptoX Data and other sources to create timely market reports, with all external sources clearly attributed within each article. CryptoX Analytics operates under CryptoX’s AI content guidelines, which prioritize accuracy, transparency, and editorial oversight. Learn more about…
Altcoin Frenzy Builds: Index Jumps 225% in 21 Days—Is Crypto’s Wildest Season Finally Arriving?
Over a span of 21 days, the Altcoin Season Index (ASI)—which rates between 0 and 100, with anything above 75 signaling an altcoin season—climbed significantly, rising from just 12 to 39 by July 16. From BONK to PENGU: Some Crypto Assets Are Exploding in Value as Altcoins Scream for Attention As of 11 a.m. Eastern […] Source CryptoX Portal
Future of Decentralized Intelligence The Lightchain AI Virtual Machine (AIVM) Inference
This content is provided by a sponsor. Imagine a world where artificial intelligence is not confined to large, centralized corporations but is instead powered by a community-driven, decentralised network. Welcome to the Lightchain AI Inference Demo — a glimpse into this transformative future. The latest internal demonstration video showcases the real-time capabilities of Lightchain AI, […] Source CryptoX Portal
Exploring a New Path to Blockchain Scalability Through a DAG-Based Architecture
Can a blockchain scale without breaking the promise of decentralization? Waterfall Network argues yes by leaving the linear blockchain model behind. In July 2024, Waterfall Network launched its mainnet and joined the short list of layer-1 protocols that depart from the traditional blockchain architecture. In its latest report, Cryptox Research investigates Waterfall Network’s architecture and validator design to assess whether it can become a sustainable, alternative base layer. The full Cryptox Research report on Waterfall includes validator roles, DAG propagation mechanics and ecosystem overview. Download the full research here DAG…
JPM, Citi Turn to Stablecoins as Trump Pushes Crypto Bills
Key Notes Citigroup considers launching its own stablecoin. Wall Street firms prepare for regulated USD stablecoins. Experts suggest that stablecoin market could reach $750 billion by 2026. Citigroup may soon launch its own stablecoin to facilitate digital payments, CEO Jane Fraser told analysts during a post-earnings call on Tuesday. Fraser noted that while Citi stablecoin issuance is still under discussion, the bank is particularly focusing on the “tokenized deposit space.” As per a recent report by Reuters, Citigroup is also exploring stablecoin reserve management and offering custody solutions for crypto…
ETH Eyes $3.4K as XRP Bears Look to Reassert Themselves
This is a daily analysis of top tokens with CME futures by CryptoX analyst and Chartered Market Technician Omkar Godbole. Bitcoin: Re-test of record highs likely BTC’s hourly chart shows that prices have risen out of the descending channel, forming a higher low at around $117,000 early today. Additionally, prices have crossed above the Guppy multiple moving average indicator. Guppy’s short-term EMA (white) band is about to shift above the long-term (red) band, suggesting renewed upside momentum. The stage looks set for a rally to record highs, with accelerated gains…
Ripple Custody to Support Dubai Land Department’s Tokenized Real Estate Initiative
Ripple has announced a strategic partnership with Ctrl Alt to provide institutional-grade digital asset custody for the Dubai Land Department’s (DLD) Real Estate Tokenization Project. This collaboration will enable secure storage for tokenized real estate title deeds issued on the XRP Ledger (XRPL), marking a significant advancement in the region’s digital asset infrastructure. As the […] Source CryptoX Portal
Trump Says Lawmakers Will Vote in Favor of GENIUS Act Tomorrow Morning
President Donald Trump ignites new momentum for the GENIUS Act with a last-minute comeback deal, reigniting hopes for sweeping digital asset regulation amid GOP internal upheaval. Trump Announces Breakthrough on GENIUS Act President Donald Trump announced on social media platform Truth Social on July 15 that after a failed procedural vote on the GENIUS Act […] Source CryptoX Portal
Selling Crypto in 2025: What Founders Get Wrong About Go-to-Market
Let’s Be Honest About GTM. Most Crypto Founders Don’t Have a Go-to-Market Problem They have a go-to-market delusion. You’ve built the MVP. The chain’s live. The X thread is polished. And still – nobody cares. Launching isn’t the hard part – surviving the silence after is. Getting attention, building trust, and turning that into active […] Source CryptoX Portal