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Thailand Central Bank Audits USDT Amid Gray Money Crackdown

Thailand’s central bank is stepping up stablecoin surveillance as part of a wider effort to crack down on money laundering, illicit finance and “gray money” in the country.The Bank of Thailand is working with the Kingdom’s Securities and…
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Musk’s SpaceX and Starlink Hijacked as ‘SCATMAN’ Memecoin Rockets to $32M on…

Key TakeawaysHackers used SpaceXAI and Starlink X accounts on July 12 to push SCATMAN, which hit a $32M market cap.Lookonchain says the attacker dumped 10 trillion tokens across two wallets for 73.7 ETH, roughly $135,000.Robinhood Chain,…
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Senate Democrats Call for Hearings into Trump’s Ties to Crypto Amid CLARITY Act Discussions

Five Democratic senators have called for committee hearings “to investigate the national security implications of President Trump’s cryptocurrency holdings” as the chamber considers digital asset market structure legislation.In a Friday…
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Secret Network Loses $4.67M in Infinite Mint Exploit

An attacker has used an “infinite mint” bug in a vulnerable smart contract on the Secret Network to create unbacked, wrapped versions of Axelar-wrapped assets, resulting in a $4.67 million exploit. The exploit happened on June 10 but was…
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Oracle Exploit Drains $9M From Bonzo Lend on Hedera

Hedera-based lending protocol Bonzo Lend lost about $9 million after an attacker manipulated the price of SAUCE used as collateral, allowing the account to borrow assets far beyond the value deposited.In a preliminary incident report…
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DOJ Seeks Dismissal of $722 Million BitClub Fraudster

The US Department of Justice is reportedly moving to drop charges against the founder of BitClub Network, a purported crypto mining platform that allegedly defrauded investors of $722 million between 2014 and 2019.A court filing shows…
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THORChain Resumes Trading More Than a Month After $10M Exploit

THORChain has resumed activity after over a month of security verifications and upgrades, following a $10.7 million exploit that prompted a trading halt on May 15.In a Tuesday X post, THORChain said it restored its network, including…
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Trust Wallet Integrates Robinhood Chain as Vlad Tenev Touts RWA Network that Handles Memes Too

Key TakeawaysTrust Wallet has integrated Robinhood Chain, enabling self-custody support for Layer-2 assets.Layer-2 scaling bypasses Ethereum mainnet congestion, reducing individual transaction fees to cents.Moving forward, Trust Wallet…
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EU Parliament Passes Message-Scanning ‘Chat Control’

The European Parliament has passed legislation allowing tech firms to scan messages for child sexual abuse material until 2028, a controversial law dubbed “chat control” by critics.EU lawmakers on Thursday largely voted against extending…
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DeFi Holding up Unusually Well in Down Market: Bitwise

Decentralized finance (DeFi) tokens have held up unusually well against Bitcoin over the past month, suggesting the market may be “quietly re-rating” the sector, says crypto index fund maker Bitwise.Bitcoin (BTC) fell about 22% in June,…
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