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$20M NFT Romance Scam: Investor Sues 3 U.S. Banks for Aiding Fraud and Elder Abuse

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A Texas investor, Michael Zidell, is suing East West Bank and Cathay Bank, as well as Citibank, for “allowing” a $20 million "pig butchering" NFT scam.
Zidell claims the banks ignored obvious red flags over 43 transfers worth $20 million from his family trusts.
The scam started wi
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900+ North Korean Hackers Are Working Inside Crypto Startups — Should You Be Worried?

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According to crypto investigator ZachXBT 345 to 920 North Korean hackers have infiltrated crypto startups around the world.
They have also earned over $16.5 million in salaries since January 2025.
These operatives pose as remote developers and IT specialists and use privileges to
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Dogecoin in Decline: The Only Top 10 Crypto Losing While BTC & ETH Thrive

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Dogecoin is the only top 10 crypto asset with higher realized losses than profits in the last 24 hours.
Investor sentiment for Dogecoin is currently in the "Hope/Fear" phase, unlike Bitcoin's "Belief/Denial" or Ethereum's "Optimism/Anxiety."
Dogecoin's price is currently
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XRP Bulls Eye $3, But This One Resistance Blocks the ETF Rally

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XRP is currently trading in a range between $2.00 and $2.35, with $2.35 acting as strong technical resistance.
Despite strong possibilities of an XRP ETF approval by analysts and prediction markets, the $3 price level might be a tough nut to crack..
A clear break above $2.35 is
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How North Korean IT Workers Stole Nearly $1M in Crypto by Infiltrating Blockchain Startups

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The U.S. Department of Justice has charged four North Korean nationals with wire fraud and money laundering.
The accused reportedly stole nearly $1 million in crypto from blockchain startups by posing as remote IT developers.
These individuals secured remote jobs at companies in
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$484M in Token Unlocks Could Trigger Crypto Volatility — What You Need to Know

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Over $484 million in crypto tokens are scheduled to be unlocked in the first week of July.
Token unlocks can create short-term selling pressure and price dips sometimes.
SUI has the largest unlock by dollar value, while low-cap tokens like KNMO and NEON face higher-percentage unlo
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Russian ‘Crypto Queen’ Sentenced for $23M Bitcoin Fraud

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Russian citizen Valeria Fedyakina (AKA "Bitmama") recently received a seven-year prison sentence for planning out a $23 million Bitcoin scam.
Fedyakina pretended to be a crypto expert with "Bitmama Finance" and lured wealthy clients in before scamming them.
The scam worked
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“Crypto ETF Summer” Begins? Solana Staking ETF Set to Launch Any Moment

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REX Shares is gearing up to launch the first US Solana staking ETF ($SSK).
The Solana staking ETF offers the highly sought-after on-chain staking to generate yield for investors.
If the ETF is approved, this development could set a path for other asset managers to follow suit.
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Bitcoin Pullback, Ethereum Longs: Is the Market Betting on ETH to Outperform?

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Ethereum is showing strong bullish momentum, and massive liquidity now sits just above the $2,500 level.
Spot Ethereum ETF inflows surged by 68% in June, in contrast to Bitcoins declining ETF inflow.
On-chain data shows massive ETH withdrawals from exchanges, which tends to come b
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Do They Know Something? Whale Scoops $39M ETH During the Crash

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Ethereum saw a massive 12.8% price crash, which was worse than Bitcoin's decline.
Despite the crash, an Ethereum whale still bought $39 million worth of ETH in a clear "buy the dip" strategy.
Mega-whales have collectively accumulated over 116,000 ETH ($263.5 million) on June 21, a
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Stablecoins Go Mainstream? These Retail Giants Are Making Bold Moves Toward Crypto Payments

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Amazon and Walmart are planning to launch their own dollar-backed stablecoins according to the Wall Street Journal.
Stablecoins are perfect for retailers like Amazon and Walmart as way to save costs that payment processors charge.
The US' GENIUS Act is on its way to creating a
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Crypto ATMs Banned? This U.S. City Says Yes After $142M Scam Surge

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The Spokane City Council has unanimously voted to ban crypto ATMs.
The ban requires existing crypto ATM operators to remove their machines within 60 days.
Officials cited an FBI report indicating that scammers stole nearly $142 million and $246 million from Washington state
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Finally! Traditional Banks Turn Bullish on Bitcoin, Recommend 7% Crypto Allocation

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BBVA, Spain's second-largest bank, is advising its wealthy clients to allocate 3-7% of their portfolios to Bitcoin and Ethereum.
This advice is rare among European banks, with most still being cautious or wary of crypto.
BBVA believes even a 3% crypto allocation can boost
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GENIUS Act Passed! First U.S. Stablecoin Framework Approved — But At What Cost?

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The U.S. Senate passed the GENIUS Act this week with a bipartisan 68-30 vote.
This bill stands as the first federal framework for dollar-backed stablecoins.
The GENIUS Act places stablecoin regulation under the U.S. Department of the Treasury, which is a major departure from the
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