Crypto.news’ latest weekly recap presents a digest of the cryptocurrency sector’s biggest stories. Last week, Bitcoin shattered records with a new all-time high, while Pump.fun lit up the charts with a $600 million token sale that sold out in minutes.
Meanwhile, Tether continued its blockchain cleanup, GMX’s hacker had a change of heart, and Coinbase made an AI-powered move.
From NFT sellouts to regulatory shakeups and billion-dollar wallet shifts, here’s everything you need to know to stay ahead in crypto.
GMX attacker begins returning stolen funds
- The individual who drained over $40 million from GMX’s V1 contracts earlier this week has started returning funds.
- The first indication came Friday through an on-chain message stating “ok, funds will be returned later.”
Coinbase partners with Perplexity AI for market data
- The cryptocurrency exchange has teamed with AI search engine startup Perplexity AI to provide traders with easier access to real-time crypto market information.
- CEO Brian Armstrong announced the partnership Wednesday on X. He also emphasized faster and better-informed trading decisions through integrated exchange data in Perplexity’s AI tools.
New Zealand bans cryptocurrency ATMs
- The nation declared that, as part of its attempts to improve anti-money laundering and counter-terrorist funding policies, digital currency ATMs will be prohibited.
- With the ban, New Zealand joins the group of nations implementing stringent regulations on crypto infrastructure.
Metaplanet expands Bitcoin holdings and strategy
- The Japan-based company acquired an additional 2,205 Bitcoin, bringing total holdings to 15,555 BTC according to Monday’s disclosure.
- CEO Simon Gerovich indicated the company is considering “phase two” of its Bitcoin treasury strategy in a Financial Times interview.
Arkham explains Satoshi-era wallet movements
- According to analytics firm Arkham, the migration of more than $8 billion worth of Bitcoin from inactive Satoshi-era wallets last week was driven by wallet security updates.
- Eight wallets, each containing 10,000 BTC, have been transferred to contemporary bc1q-style addresses since 2011, according to on-chain data.
Read More
- Grayscale’s Big Boss Barry Silbert Returns With Big Plans and Even Bigger Drama
- Gold Rate Forecast
- Silver Rate Forecast
- Brent Oil Forecast
- USDT Says Au Revoir to Five Blockchains đźš«
- Robinhood’s Costly Deception: Florida AG Digs Deep into Retail Trading Allegations
- Bitcoin’s Crypto Crisis!
- Ethereum’s Gas Limit: Pumping to 45M – The Great Galactic Gaffe
- Big Banks Drown in $172B of Unrealized Losses: A Financial Fiasco 🏦💰
- ETH’s Bullish Tango: $4K, Here We Come! 🚀💰
2025-07-13 21:09