Bitcoin is back in the spotlight as its market capitalization surpasses $2.2 trillion, fueled by increasing demand from institutional investors and growing confidence in crypto markets. Fresh data from derivatives markets and sentiment analysis tools indicate that Bitcoinâs rally could be far from over. Bitcoin Market Cap Breaks $2.2 Trillion Barrier Bitcoinâs market value surged past $2.2 trillion, reinforcing its position as the dominant force in the cryptocurrency landscape.This milestone reflects: âBitcoin is now larger than most national currencies, including the New Taiwan Dollar and Australian Dollar,â analysts noted. At current levels, Bitcoin is outperforming traditional assets and many fiat…
Author: Blockto Team
Changpeng Zhao (CZ), the former CEO of Binance, has issued a strong denial in response to allegations published by The Wall Street Journal (WSJ) suggesting his involvement in crypto dealings linked to former U.S. President Donald Trump. The claims, which circulated widely across financial media, have stirred considerable controversy within the crypto community. WSJ Links Crypto Dealings to Trump and Binance On May 23, 2025, the WSJ published an investigative report alleging that certain crypto wallets associated with Trump-linked political organizations had received funds through Binance channels. The report hinted at a possible indirect connection between Zhao and political crypto…
XRP, the native token of RippleNet, has long been a cornerstone of cross-border crypto transactions. After a prolonged consolidation, market analysts are now pointing to several indicators suggesting that XRP could be poised for a major breakout in the coming weeks. 1. Legal Clarity After SEC Battle Boosts Investor Confidence One of the biggest catalysts for XRP is the progress in its legal battle with the U.S. Securities and Exchange Commission (SEC). In July 2023, a federal judge ruled that XRP is not a security when sold to retail investors, providing a level of legal clarity that few cryptocurrencies enjoy.…
In one of the largest DeFi breaches of 2025, Sui-based decentralized exchange Cetus suffered a massive $220 million exploit on May 22. In response, the platform has offered a $6 million white hat bounty to recover the stolen fundsâwhile the Sui Network faces backlash over proposed centralization measures. $220M Hack Targets Cetus, But $162M Frozen on Sui Cetus lost approximately $220 million in crypto assets, including 20,920 ETH valued at over $55 million, due to a security vulnerability exploited by an unknown attacker. Despite the scale of the attack, Suiâs blockchain mechanics enabled a rapid response, helping freeze $162 million…
In a move that could reshape the crypto derivatives landscape, Hyperliquidâs native token, HYPE, surged In a strong show of market momentum, Hyperliquidâs native token, HYPE, surged past $35, hitting a new all-time high. This surge coincides with a significant record in derivatives market activityâHyperliquid’s open interest has exceeded $9 billion, signaling growing trader confidence and institutional attention. HYPE Token Skyrockets to $35+ Amid Explosive Growth The HYPE token surged over 20% in the past 24 hours, crossing $35 for the first time, outperforming major cryptocurrencies and DeFi tokens. This price rally follows a week of bullish developments for the…
Decentralized Finance (DeFi) is emerging as a powerful solution to one of the worldâs largest financial challenges: the 1.4 billion people globally who remain unbanked. According to Sergej Kunz, co-founder of 1inch Network, DeFiâs near-zero onboarding costs and global accessibility can bring financial services to people traditional banks have ignored. Reaching 1.4 Billion Unbanked Through DeFi The World Bankâs 2021 Global Findex report estimates that 1.4 billion adults globally lack access to a bank account.Reasons include: âDeFi doesnât care where you live or what documents you have. If you have a smartphone and internet, you can participate,â said Kunz. This…
In a stunning milestone for the cryptocurrency world, Bitcoinâs market capitalization has soared to over $2.20 trillion, placing it ahead of several major national currencies. This landmark moment marks a significant shift in global financial power as digital assets continue to challenge traditional fiat currencies. Bitcoin Beats the Taiwan Dollar and Others According to recent market data, Bitcoinâs total value now surpasses that of the New Taiwan Dollar (TWD), the Australian Dollar (AUD), and even the Russian Ruble (RUB). Hereâs a comparison: âBitcoin is no longer just a digital asset; it’s a macroeconomic force,â said a leading crypto analyst. The…
Tether, the company behind the worldâs largest stablecoin USDT, has publicly stated it will not comply with certain regulations under the European Unionâs Markets in Crypto-Assets (MiCA) framework. This decision has sparked intense debate in the crypto community, with questions about regulatory overreach, privacy concerns, and financial freedom. What is MiCA? MiCA (Markets in Crypto-Assets) is a new regulatory framework designed by the EU to govern digital assets. It aims to create a clear, unified rulebook for cryptocurrencies and stablecoins across all member states. Under MiCA: The regulation officially goes into effect in 2024, but preparations are already underway. Why…
In the latest wave of phishing attacks targeting crypto users, cybercriminals are distributing fake versions of the popular Ledger Live app to steal usersâ seed phrases and empty their crypto wallets. The scam, which mimics the official interface of Ledgerâs desktop and mobile app, has already led to the loss of thousands of dollars worth of digital assets. How the Scam Works The attack starts when unsuspecting users download a counterfeit Ledger Live app from unofficial websites or phishing links shared through social media, email, or even malicious Google Ads. Once installed, the fake app prompts users to ârecoverâ or…
In a bold move to retrieve stolen assets and protect its users, Cetus, a leading decentralized exchange (DEX), has offered a $6 million white hat deal to the hacker responsible for a major Ethereum (ETH) exploit. This comes after the attackerâs activity was halted on the Sui Network, blocking their attempts to launder the funds. The Exploit: How It Happened Earlier this week, Cetus experienced a sophisticated smart contract exploit that led to the loss of approximately $6 million worth of ETH. The attacker used a complex flash loan strategy to manipulate liquidity pools, drain funds, and attempt cross-chain movement…
