https://dune.com/scam-sniffer/july-2025-scam-sniffer-scam-report Major Security Incidents CoinDCX On July 19, 2025, on-chain investigator ZachXBT posted on his channel: “Looks like the India centralized exchange ‘CoinDCX’ was likely drained for ~$44.2M almost 17 hours ago and has yet to disclose the incident to the community.” Shortly after, CoinDCX co-founder Sumit Gupta responded on X, stating that the compromised wallet…
Bitcoin-focused firm Strategy posted $10 billion in net income for the second quarter of 2025, its strongest financial performance to date. Bitwise CIO Matt Hougan pointed out that Strategy’s profits were nearly three times higher than Goldman Sachs, which reported $3.7 billion over the same period. Strategy also outperformed Bank of America, which earned $6.8…
The Ethereum Foundation (EF) recently marked the tenth anniversary of the Ethereum blockchain with the launch of an ambitious new roadmap aimed at fortifying and expanding its ecosystem for the next decade. Ethereum Foundation’s New Roadmap In a blog post released on Thursday, the EF underscored Ethereum’s unique position in the blockchain landscape, boasting 100%…
After rising to a new 7-year high off the back of strong buys, the XRP price has moved back downward in search of new support levels. This move has been spurred by the general bearish sentiment that has plagued the market as the Bitcoin price struggled to reclaim its all-time high levels, putting altcoins at…
South Korean financial regulators are preparing new guidelines to address cryptocurrency lending services, particularly those offering high leverage to retail investors. The initiative, announced on Thursday, comes amid growing concerns about investor protection and potential risks tied to volatile market conditions. According to reports from Yonhap News Agency (YNA), the Financial Services Commission (FSC) and…
Tether, the company behind the market’s largest stablecoin USDT, has announced major financial results for the second quarter (Q2) of the year, reporting a net profit of $4.9 billion. Tether Achieves $5.7 Billion In Earnings For H1 2025 According to the report, this surge in profitability comes amid the issuance of over $13.4 billion in…
The developers behind Samourai Wallet pleaded guilty to a single count of conspiracy to operate an unlicensed money‑transmitting business. The plea deal secures dismissal of the parallel money laundering conspiracy charge and caps potential prison time at five years. It also includes $237 million in forfeiture and a $400,000 fine. As journalist Matthew Russell Lee…
The Philippine government has officially launched a blockchain-based system to verify government documents on the Polygon network as part of a broader initiative to modernize public services and improve trust in state-issued records, local media reported on July 31. The new platform, introduced on July 30 by the Department of Budget and Management (DBM), allows…
Coinbase’s stock slid 8.4% after hours on July 31 as second-quarter results fell short of Wall Street expectations, before paring some losses into late trading. COIN closed at $377.76 and fell to $346.01 immediately after the release, and later recovered to about $354.77 as of press time. The exchange reported total revenue of $1.5 billion…
REX Shares announced in a July 31 post that its REX-Osprey SOL + Staking ETF (SSK) will make its first monthly distribution on Aug. 1, paying $0.12169 per share and passing through 100% of staking rewards. With 5,075,000 shares outstanding, the inaugural payout totals approximately $618,000. The issuer described the event as the first time…