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Crypto World

Estonia Suspends Zondacrypto License, Signals Tightening Oversight

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Crypto Breaking News

The Financial Intelligence Unit (FIU) of Estonia has partially suspended the operating license of BB Trade Estonia OÜ, the entity behind the Zondacrypto cryptocurrency platform. In its formal statement, the FIU said the company is now barred from accepting deposits and onboarding new clients, while existing users may still withdraw funds. The move signals intensified regulatory scrutiny of Zondacrypto across Europe as authorities scrutinize compliance practices and consumer protections within the crypto exchanges that have migrated or registered in the Baltic state.

The regulator’s notice also sets a 30-day window for BB Trade Estonia OÜ to bring its operations into alignment with applicable legal requirements. “If it fails to do so, the law obliges the FIU to revoke the operating license,” the FIU stated. The authority did not disclose the specific compliance breaches that prompted the suspension, and Cointelegraph contacted the FIU for comment but did not receive a response at the time of publication.

Key takeaways

  • The Estonian FIU partially suspends BB Trade Estonia OÜ’s operating license, barring deposits and new onboarding while allowing withdrawals for existing users.
  • A 30-day window is imposed to reach full compliance, with potential license revocation if requirements are not satisfied.
  • The regulator did not specify the breaches; authorities and media outlets will be watching for concrete remediation steps and enforcement actions.
  • The development compounds existing regulatory scrutiny of Zondacrypto in Europe, including MiCA-related concerns raised by Estonian authorities earlier in 2024.
  • BB Trade Estonia OÜ has ties to Zondacrypto’s broader cross-border presence, with the company registered in Estonia since 2019, according to InfoRegister data.

Regulatory action in Estonia and implications for BB Trade Estonia OÜ

Estonia’s FIU has invoked supervisory powers to curb certain activities by BB Trade Estonia OÜ as part of a broader effort to tighten oversight over crypto service providers within the EU’s MiCA framework. By blocking new deposits and client onboarding, the regulator aims to curb potential consumer risk while evaluating whether the firm meets ongoing licensing requirements. The 30-day compliance deadline places the onus on the operator to demonstrate robust AML/KYC controls, proper governance, and other regulatory obligations demanded under Estonian law and EU standards.

Officials did not detail the underlying deficiencies in public statements, and the absence of a publicly disclosed breach list creates uncertainty for stakeholders. The move comes amid a wider debate about how EU crypto licensing is implemented in member states and how cross-border entities adapt to MiCA’s harmonized standards. Estonia’s authorities have emphasized a path toward formal compliance rather than immediate sanctions, but the possibility of license revocation remains a material risk for BB Trade Estonia OÜ and its Zondacrypto platform.

BB Trade Estonia OÜ’s status is also notable in light of its corporate history. The Estonia-based entity has been listed as the operating arm of Zondacrypto, a platform with roots in Poland as BitBay, established in 2014. Its registration in Estonia since September 2019—well before the full rollout of MiCA—positions the business squarely within EU regulatory reach, as authorities seek consistent supervision across borders.

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Zondacrypto at the center of regulatory debate in Europe

The partial suspension in Estonia adds to a broader web of regulatory considerations surrounding Zondacrypto in Europe. Reports surrounding withdrawal difficulties at Zondacrypto have drawn scrutiny from policymakers and regulators, including public commentary by Polish officials referencing potential losses and the scale of exposure in crypto-related incidents. In parallel, Zondacrypto has faced MiCA-related warnings from Estonia’s Financial Supervision and Resolution Authority (FSA) over the listing of the exchange’s “TeamPL” token without a white paper, which the authorities flagged as a MiCA compliance issue.

Market activity around Zondacrypto has appeared subdued in recent data, with CoinGecko noting limited trading activity on the exchange around the time of the regulatory action. Media coverage and regulatory filings continue to shape the narrative around the exchange’s operational viability and governance.

As part of the wider regulatory discourse, Zondacrypto’s governance and its cross-border footprint have become points of focus for enforcement and policy analysis. The Polish dimension—where discussions of potential links to Russian capital and political influence have surfaced—highlights how national risk perceptions can intersect with EU-wide licensing and oversight. In parallel, Estonia has taken steps to operationalize MiCA within its financial sector, as evidenced by other notable regulatory actions like the licensing of LHV Pank under the EU crypto framework. Estonia’s FSA granted LHV Pank a MiCA license, marking a milestone for one of the country’s largest banks and signaling the incremental integration of traditional financial institutions into the EU’s crypto regulatory regime.

BB Trade Estonia OÜ’s MiCA-related challenges and the ongoing Zondacrypto narrative illustrate how cross-border entities navigate diverse regulatory expectations. The Estonian and Polish regimes reflect a broader European push toward standardized oversight to bolster consumer protections, licensing discipline, and AML/KYC compliance in the crypto ecosystem. Regulators are balancing market access with risk mitigation, a dynamic that will shape licensing decisions, enforcement priorities, and the pace of institutional participation in European crypto markets.

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Cross-border licensing and institutional implications

The Estonian regulatory action arrives amid a wider transition in the EU where MiCA is increasingly interpreted and implemented by member states. The 30-day compliance window underscores the immediacy with which regulators seek to impose corrective measures on crypto service providers, emphasizing governance reforms, disclosures, and risk management practices aligned with EU standards. For crypto exchanges, the message is clear: licensing continuity hinges on demonstrable compliance with cross-border rules, consumer protections, and anti-money laundering controls that align with MiCA’s framework.

From an institutional perspective, the development adds to the cost and complexity of maintaining cross-border crypto operations. For banks and payment providers operating within or adjacent to the crypto space, the Estonian example reinforces the importance of robust onboarding controls, transparent token disclosures, and clear operational compliance to preserve access to regulated financial rails. The licensing milestone achieved by LHV Pank in Estonia—under MiCA—illustrates that traditional financial institutions can gain regulatory clearance to participate in crypto services, provided they meet the necessary standards. Such developments may influence other banks and financial firms to pursue MiCA-compliant licensing as a prerequisite for borderless crypto activities.

Finally, the case highlights the practical uncertainties that still surround enforcement scope and interpretation of MiCA in various jurisdictions. While the FIU has outlined a path to remediation, it has not publicly enumerated the exact breaches. This ambiguity can complicate remediation planning for firms facing similar regulatory actions and underscores the need for clarity in how authorities assess and certify ongoing compliance in a rapidly evolving policy environment.

In summary, the Estonian FIU’s partial license suspension of BB Trade Estonia OÜ, paired with ongoing MiCA-related concerns and cross-border regulatory developments, reinforces the imperative for crypto firms to maintain rigorous compliance programs, transparent governance, and resilient operational controls as they navigate Europe’s unified but heterogeneous regulatory landscape.

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Closing perspective: While the immediate impact centers on BB Trade Estonia OÜ and Zondacrypto, the action reflects broader regulatory intent to standardize oversight and heighten enforcement in the European crypto ecosystem. The next steps—whether BB Trade Estonia OÜ rectifies gaps or faces revocation—will shape future licensing discourse and the regulatory calculus for cross-border crypto activity in the region.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Crypto Public Token Sales on Track for 5-Year Lows in Q2 2026

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Public crypto token sales have raised just $58 million in Q2 2026, according to data published by CryptoRank on June 10, a drop of 85% from the previous quarter.

It means that the period is well on the way to becoming the weakest fundraising quarter for ICOs, IDOs, and IEOs in five years.

Public Fundraising Is Drying Up Across Crypto

CryptoRank’s data showed that Q1 2026 had already looked weak, with about $390 million raised across 105 sales, but things have deteriorated even further in the second quarter.

The severity of the situation is even clearer in the month-by-month breakdown: April saw just $15 million raised across 20 sales, while May brought in around $41 million from just 13 sales, marking the lowest monthly count since December 2020.

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June, which is still in progress, has so far recorded just 4 sales that raised about $2 million. To put that in context, January 2025 alone saw $654 million raised, with that quarter serving as the cycle peak, as 429 sales raised just under $850 million. Since then, the market has shed more than 93% of its quarterly fundraising volume in dollar terms.

Still, CryptoRank’s dashboard shows that public token sales raised more than $4 billion between the first quarter of 2024 and the second of 2026.

In that time, IDOs were consistently the dominant format, accounting for nearly 75% of all public sales. IEOs and ICOs respectively made up 18% and 7% of activities. However, all three formats have contracted quite sharply this quarter.

Among launchpads, Coinlist is the largest by capital raised, having handled $1.37 billion. It is followed by Fjord Foundry with $975 million and Echo at $201 million, with Gate Launchpad and DAO Maker rounding off the top five.

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Venture Capital Is Still Active

According to a May report by Galaxy Digital, crypto venture capital activity also slowed in Q1 2026. In that period, private investors put in some $4 billion in 355 deals, a 50% drop from the previous quarter, the report said.

Galaxy Digital noted that the decline was mainly due to a lack of huge late-stage rounds that had dominated late 2025, but there have still been a few large raises occurring recently. One such example is Digital Asset Holdings’ $355 million raise in a new round led by Andreessen Horowitz, which came just a month after it pulled in $300 million.

CryptoRank’s figures suggest that while capital is still available in crypto, it is increasingly concentrated in a smaller number of companies and private funding rounds rather than public token launches. Those hit their peak when sentiment was strongest, but they seem to have since tracked the broader market lows.

This can be seen from a previous report also published by CryptoRank that showed many of the projects that had been funded between April and June 2025, when the crypto market was enjoying a rebound, ended that year trading well below their fundraising valuations.

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And that may explain why retail appetite for new launches has dried up so completely in 2026.

The post Crypto Public Token Sales on Track for 5-Year Lows in Q2 2026 appeared first on CryptoPotato.

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Brazil Moves to Seize Crypto Linked to Cyber Fraud Under Tougher Crime Laws

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Crypto Breaking News

Lawmakers in Brazil have advanced a bill that would let authorities freeze cryptocurrency assets linked to investigations. This bill is part of an effort to combat online fraud and organized crime in Brazil.

The bill is called PL 5819/2025. A committee in Brazil’s Chamber of Deputies approved it. If this bill becomes a law, courts will have the power to freeze crypto holdings stored on exchanges and other financial platforms when people are under investigation for cyber fraud and related offenses.

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Authorities Gain Broader Powers Over Digital Assets

Judges will be able to order the blocking of cryptocurrency balances along with bank accounts. Supporters of this bill say criminals use assets to move and hide funds, making it hard for investigators to recover stolen money.

This bill also aims to strengthen penalties for cyber fraud. Prison sentences for online fraud offenses could rise from four to eight years to six to ten years. People linked to criminal groups may face even harsher punishments.

The proposal builds on Brazil’s efforts to keep an eye on digital assets. This year, President Luiz Inácio Lula da Silva signed a law that lets authorities freeze, seize, and even liquidate cryptocurrencies connected to criminal activities. The law also allows confiscated crypto assets to fund public security programs, including police equipment, intelligence operations, and officer training.

Brazil Tightens Crypto Oversight

Brazil has become one of the most active crypto markets in Latin America, so regulators are introducing stricter rules for the sector. The country’s central bank recently implemented requirements for virtual asset service providers, including stronger anti-money laundering measures and cybersecurity standards.

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Regulators say this cyber fraud bill is aimed at stopping criminals from exploiting assets while ensuring law enforcement can respond more effectively to online financial crimes.

Conclusion

Brazil’s latest legislative push shows that the country is serious about stopping cyber fraud and organized crime. By expanding the government’s ability to freeze and recover cryptocurrency assets, lawmakers hope to close loopholes used by criminals while strengthening the framework surrounding digital assets. If this bill is approved, it could make Brazil one of the region’s more proactive regulators of the crypto industry. Brazil and crypto will be closely watched as this bill moves forward.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Elon Musk SpaceX AI Predicts Incredible Bitcoin Price For Next 30 Days

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Elon Musk SpaceX AI Predicts Incredible Bitcoin Price For Next 30 Days

Here is the thing about capitulation calls. They only sound smart in hindsight. Right now, with Bitcoin price scraping along the low $60,000s, calling for a run to the mid $70,000s feels like wishful thinking. Elon Musk’s SpaceX AI is making predictions anyway, pinning a 30-day target of $72,000 to $78,000 on a coin that just got cut nearly in half.

From $63,000, that is a 14% to 24% bounce, and the entire argument rests on the idea that the people selling right now are the ones who always sell at the bottom.

That is really what the bull case comes down to. More than 50% of supply is sitting in loss, which xAI reads not as weakness but as the classic capitulation flush that has marked the floor in past cycles.

Source: Elon Musk xAI Bitcoin Price Prediction

Long-term holders are quietly accumulating into that fear, ETF outflows are drying up, and June has a habit of leaning green historically.

Add even a whiff of macro liquidity relief or regulatory clarity and you get the spark for a violent short-covering rally.

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The confident version of this story has BTC pushing through $65,000 resistance and accelerating toward the mid $70,000s by mid July as sentiment flips.

xAI is honest about the other side, though. If $60,000 gives way decisively, capital keeps bleeding into AI and equities, and macro stays heavy, Bitcoin slips toward $55,000 to $58,000.

Bitcoin (BTC)
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The interesting tell is that it frames that drop as a higher-probability buy zone rather than the start of a real crash. In other words, even the downside scenario is treated as a discount, not a disaster.

Bitcoin Price Prediction: Where The Sellers Run Out Of Sellers

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So does the chart back any of this up. Pull up the daily and the damage is obvious. Bitcoin is at $63,024 after a long ugly slide from the $126,000 peak set back in October, a drop that has erased more than half the move.

The trend is unmistakably down, lower high after lower high, and the latest leg just dumped price into the low $60,000s where it printed a candle near $60,000 before this small bounce.

But that exact zone is the whole story. This $60,000 to $62,000 shelf is where buyers stepped in hard back in February, and it is the floor xAI is leaning on.

Lose it on a daily close and $58,000 opens up quickly, with $55,000 underneath. Hold it, and the first real test is $65,000, the level that has to crack before any of this turns into momentum, with $72,000 and the heavier $76,000 ceiling stacked above.

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The RSI is the part that actually agrees with the bulls. It is sitting at 31.95 with the signal line at 25.74, so price momentum has flushed into deeply oversold territory but has already curled back above its own average.

That roughly 6 point gap, with RSI now leading the signal higher, is the early fingerprint of selling exhaustion rather than fresh downside.

It is not a buy signal on its own, but it is exactly what you would expect to see if xAI is right that the weak hands are nearly done. Reclaim $65,000 with this momentum building underneath and that mid $70,000s target stops looking like wishful thinking and starts looking like the path of least resistance.

You Might Like What SpaceX AI Predicts About LiquidChain

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Large caps are not in trouble. They are just out of the room. Bitcoin, Ethereum, and XRP have been testing the same ceilings for weeks with nothing breaking through.

Every macro catalyst has a new arrival date. Every institutional wave has a new quarter attached to it. Holding assets where the next leg depends entirely on someone else’s decision is not a trade. It is a waiting room.

The money that wins cycles never announces where it is going.

The capital that actually moves in cycles relocates before the destination has a name.

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Small market cap infrastructure plays operate on physics that large caps simply cannot replicate. A rotation that would not register as a rounding error at Bitcoin’s scale can reprice an undiscovered project by multiples.

The opportunity lies in the distance between what something is genuinely worth and what the market has assigned it so far. That distance shrinks to zero the moment discovery happens. Before that moment, it is fully capturable.

Multi-chain fragmentation is one of the most consistently expensive problems in DeFi, and it has never been solved. Bitcoin, Ethereum, and Solana exist as completely isolated systems. No shared architecture. No native interoperability. Every time value moves between them, the disconnection extracts its cost in fees, slippage, and failed transactions. That cost hits every single crossing every single time.

LiquidChain makes the crossing free as SpaceX xAI predicts. All 3 networks inside one execution environment. Single deployment. Complete ecosystem access. No tax on any interaction.

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The presale is at $0.01454 with just over $830,000 raised. Early and undiscovered.

Execution is unproven. Adoption is unknown. Established assets offer predictability toward a ceiling that the market already sees. LiquidChain is an entry point that does not exist once the market finds it.

Explore the LiquidChain Presale

The post Elon Musk SpaceX AI Predicts Incredible Bitcoin Price For Next 30 Days appeared first on Cryptonews.

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LTC Hits Fibonacci Support as Whales Build: Can LitVM Spark the Next Rally?

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • Litecoin has entered the lower Fibonacci Adjusted Market Mean Price band, a zone tied to past accumulation phases.
  • Whale and shark wallets holding at least 10,000 LTC have grown by 7% over the past five months despite flat prices.
  • LitVM is bringing smart contract functionality to Litecoin via a zkLTC wrapper, renewing social media interest in LTC.
  • Santiment data ranked Litecoin as the top trending coin, with retail volume expected to recover on any price rally.

Litecoin is drawing renewed attention from analysts and on-chain data providers as price action revisits historically significant support levels.

Whale and shark wallet growth continues alongside fresh ecosystem interest from LitVM, a smart contract project building on the Litecoin network.

Together, these developments are placing LTC under the spotlight at a time when broader market conditions remain uncertain.

Litecoin Price Revisits Key Fibonacci Support Region

Litecoin’s price has moved into what analysts describe as a structurally meaningful zone. According to crypto analyst Alphractal, LTC has touched the first lower level of the Fibonacci Adjusted Market Mean Price model.

This metric uses the Market Mean Price as a base and builds proportional Fibonacci bands to map expansion, mean reversion, and accumulation areas.

Historically, Litecoin has found support within the blue and green bands of this model during periods of market stress.

The green band, representing the lowest level, has marked points of strongest selling pressure across previous cycles. The blue region, where LTC currently sits, has also served as a relevant value area in past market structures.

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On a logarithmic scale, Alphractal notes that Litecoin is once again approaching zones that historically attracted long-term investor attention.

The upper bands of this model have typically aligned with overheated market conditions and distribution risk. Lower bands, by contrast, tend to reflect discounted pricing relative to the asset’s structural mean.

The analyst added that while Litecoin remains weak in the short term, periods of extreme weakness have also marked the early formation of longer-term value. That framing has resonated with investors monitoring LTC’s positioning within the broader crypto market cycle.

Whale Accumulation and LitVM Fuel On-Chain Interest

On-chain data from Santiment adds another layer to the current Litecoin narrative. The number of whale and shark wallets holding at least 10,000 LTC has climbed by 7% over the past five months, even as price performance has remained relatively flat.

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Santiment noted that accumulation from large holders often precedes major trend shifts before retail participants take notice.

Transaction volume tied to these larger wallets has also remained active during this period. Santiment’s data shows that any price rally could quickly draw retail participants back into the market, which would likely support broader volume recovery for LTC.

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Much of Litecoin’s current social media traction stems from LitVM, a project introducing smart contract functionality through a zkLTC wrapper.

The platform has sparked debate among traders about whether it can generate meaningful utility and demand for Litecoin going forward.

Santiment confirmed that LTC ranked as the top trending coin across social data at the time of the report. Whether LitVM delivers on its promise remains an open question, but the conversation itself has refreshed interest in an asset that had largely faded from active discussion.

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Report: Rug Pulls Dominate Crypto Scams, Accounting for 54% of Threats

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Rug pulls made up over 54% of all newly detected crypto scams, according to the latest data from the on-chain security analysis platform Web3 Antivirus.

The findings suggest that while scam tactics are still evolving, many attackers continue to rely on token projects that appear legitimate at first before contract controls are used to trap investors or drain liquidity.

Rug Pulls Are the Biggest Threat

In a June 9 breakdown on X, Web3 Antivirus also noted that honeypots, a different but related trick, came in second at around 22%, followed by fake tokens at roughly 12% and scam airdrops at just under 12%.

The mechanics behind rug pulls are what make these schemes so effective. As the security firm reported, they are created in such a way that, in their initial phases, they resemble normal market activity with increasing prices, trade volumes, and high activity in online forums.

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The risk only becomes visible when the contract owners exercise hidden permissions that either prevent users from selling, remove liquidity, or otherwise lock funds.

“A token can look alive with the chart moving up and the community getting louder, but one owner-side action can change everything in secs,” wrote Web3 Antivirus. “The same contract controls that were invisible during the pump can suddenly become the reason users cannot exit, liquidity disappears and the chart collapses.”

Honeypots work on the same basic principle. Bad actors create a fake token and push it to the public with convincing marketing as a big investment opportunity. They even artificially push up the token’s value by making transactions themselves to create an illusion of high demand to attract unwitting investors.

However, as soon as people buy in, often at inflated prices, the underlying contract prevents any sale, with the scammers withdrawing the profits and exiting. Web3 Antivirus’s latest Scam Pulse data shows more than 425,000 rug pulls detected alongside 172,000 honeypots and over 94,000 scam airdrops.

In addition, of more than 100 million contracts the platform has analyzed, it has flagged almost 4 million as scams, with at least 3.1 million of those appearing within the last 30 days alone.

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There has also been an uptick in the impersonation of token contracts, as seen in the security firm’s weekly leaderboard showing Ethereum leading with 291 fake token detections. Tether followed close behind at 270, and USDC at 225, with activity up across nearly every tracked asset compared to the previous week.

Delivery Methods Are Getting Harder to Spot

Beyond the on-chain mechanics, Web3 Antivirus also pointed out that AI is changing how scams are reaching users in the first place. The technology, according to them, now makes phishing emails, fake support chats, and fraudulent social media posts look polished enough to pass a quick visual check.

Per their data, emails are the most common delivery channel at 53%, followed by SMS at 10%, social media at 9%, and online ads at 8%. And there are examples across the industry, including an incident in May, where a fake Uniswap website drained at least $400,000 from users before the alarm was raised.

That same month, Ripple CTO Emeritus David Schwartz issued a warning to XRP investors about a fake airdrop and giveaway campaign targeting XRPL users.

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And not long ago, Web3 Antivirus identified a phishing account posing as the Canton Network, complete with the project’s branding, that was using a supposedly official announcement post to redirect unsuspecting users to a scam URL.

The post Report: Rug Pulls Dominate Crypto Scams, Accounting for 54% of Threats appeared first on CryptoPotato.

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Anthropic Suspends Fable 5 and Mythos 5 After US Government Issues Export Control Directive

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • The US government issued an export control directive ordering Anthropic to suspend all Fable 5 and Mythos 5 access globally.
  • Anthropic reviewed the jailbreak report and found the capabilities were already available in models like OpenAI’s GPT-5.5.
  • The reported jailbreak involved asking Fable 5 to read a codebase and flag software flaws, with no harmful result disclosed.
  • Anthropic warned the recall standard, if applied industry-wide, would effectively halt all frontier AI model deployments.

Anthropic has disabled global access to Fable 5 and Mythos 5 following a US government export control directive.

The order, received at 5:21pm ET, cites national security concerns tied to a reported jailbreak method. All other Anthropic models remain available.

The company says it is complying with the directive while disputing the technical basis for the decision.

Government Directive Targets Reported Jailbreak Method

The US government issued the directive without disclosing specific national security details in writing. Officials communicated verbally that they had learned of a method capable of bypassing Fable 5’s safeguards.

Anthropic reviewed a demonstration of this technique and found it exposed only minor, previously known vulnerabilities.

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The company reviewed what it believes is the report behind the government’s decision. Anthropic stated that the level of capability displayed “is widely available from other models, including OpenAI’s GPT-5.5, and is used every day by the defenders who keep systems safe.” That review found no Fable-specific uplift in the findings.

The reported jailbreak essentially involved asking the model to read a codebase and identify software flaws. Anthropic confirmed it “has not even received a disclosure of a concerning non-universal potential jailbreak that led to a harmful result.” The potential jailbreaks disclosed were either entirely benign or classified as minor findings.

The directive requires suspending access for all foreign nationals, including Anthropic employees with foreign national status, both inside and outside the United States. The company said compliance meant disabling the models for all customers to avoid any breach of the order.

Anthropic Disputes the Standard Applied to Commercial Models

Anthropic launched Fable 5 with a defense-in-depth strategy, combining narrow jailbreak resistance with real-time monitoring and mandatory 30-day data retention.

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The company acknowledged during launch that “perfect jailbreak resistance is not currently possible for any model provider.”

The 30-day data retention policy was a deliberate trade-off. It drew pushback from customers but allowed Anthropic to detect, study, and respond to jailbreak attempts quickly.

Anthropic described this as making jailbreaks “either narrow or very expensive to produce,” keeping risk levels comparable to other deployed models across the industry.

On the government’s authority to act, Anthropic said it “believes the government should have the ability to block unsafe deployments, as part of a statutory process that is transparent, fair, clear, and grounded in technical facts.” The company argued this directive did not meet those standards.

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Anthropic warned that applying this recall standard broadly “would essentially halt all new model deployments for all frontier model providers.”

The company committed to releasing additional technical details within 24 hours and confirmed all other models in its lineup continue to operate without restriction.

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Americans Fear AI Will Take Their Jobs, But Hope It Can Cure Cancer

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AI Job Loss Concerns Among Americans

Americans rank job loss as their biggest fear about artificial intelligence (AI), while curing diseases like cancer tops their hopes, according to a survey of nearly 52,000 people by Anthropic.

The findings expose a gap between what the public wants from AI and what it dreads, as real layoff data and political pressure over automation build across the United States.

Job Loss Outranks Every Other AI Fear

Anthropic surveyed 51,993 Americans in late 2025 for its first Public Record study. Job loss ranked as the top fear at 64%, leading in every state.

Concern ran from 71% in Iowa to 57% in Mississippi. It led among Democrats at 67% and Republicans at 62%.

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“Americans with postgraduate degrees are nearly 10 percentage points more worried about job loss than those with a high school education or less,” the survey found. “At the same time, people who use AI at work every day are notably less worried about job loss than people who don’t use AI at all: 54% versus 70%.”

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AI Job Loss Concerns Among Americans
AI Job Loss Concerns Among Americans. Source: Anthropic

Cognitive dependency followed at 56%, then misinformation at 52%. Only 15% of Americans said they trust AI companies to steer the technology. According to the findings,

“That was the lowest figure for any institution we tested, below the federal government (20%), state and local government (19%), and international bodies (20%), and far below independent experts (43%).”

AI Layoffs and a Billionaire Pushback

The fear is not abstract. BeInCrypto reported that AI drove 38,579 US job cuts in May, about 40% of the month’s total.

For 2026, employers have tied 87,714 cuts to AI. That total already exceeds the 54,836 attributed to the technology across all of 2025.

The pressure has reached Washington. Senators Elizabeth Warren and Bernie Sanders have urged Congress to protect workers now.

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Not everyone agrees. Amazon founder Jeff Bezos rejects the job-loss narrative, predicting that AI will create labor scarcity instead. Bezos made the case as his AI startup, Prometheus, raised $12 billion at a $41 billion valuation.

“A lot of people who, for example, today have two-earner households, perhaps one of those earners will choose not to be in the job market, so they’ll become a one-earner household,” Bezos said.

Americans Want Cures and Accountability

On the hopeful side, 48% placed curing diseases like cancer or Alzheimer’s in their top three uses for AI. Helping people with disabilities followed at 36%.

American Hopes for AI
American Hopes for AI. Source: Anthropic

Support for oversight ran high. 71% of respondents want government involvement in AI, including 79% of Democrats and 68% of Republicans.

Asked how to keep AI development steered toward humanity’s interest, 47% backed holding companies legally liable for harm. Another 44% wanted safety prioritized over growth.

Anthropic plans to repeat the Anthropic Public Record as AI adoption deepens. The early reading shows a public eager for breakthroughs yet skeptical of the firms building them.

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The post Americans Fear AI Will Take Their Jobs, But Hope It Can Cure Cancer appeared first on BeInCrypto.

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MSTR Bears Crushed: Why Strategy’s Bitcoin Balance Sheet Is Built to Outlast Any Bear Market

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR:

  • Strategy is raising over $130M daily in 2025, marking its highest-ever annual capital-raising pace. 
  • Historical BTC data shows median 12-month forward returns of +133% from current price MA levels. 
  • Even at a compressed 0.8x mNAV, covering preferred dividends would require only 6.6% dilution. 
  • MSTR’s monthly trading volume of $54.79B dwarfs its $148M dividend bill, limiting dilution risk. 

MSTR, MicroStrategy’s stock ticker, has become the center of a heated debate as Bitcoin market stress tests the company’s financial structure.

Analysts tracking the firm’s capital-raising activity say Strategy is not just holding on through the current downturn, it is actively accumulating Bitcoin at an accelerated pace.

The numbers behind this argument are drawing significant attention from both bulls and bears in the market.

MSTR’s Balance Sheet Withstands Bitcoin Market Pressure

Strategy’s capital-raising pace in 2025 is on track to be the highest in the company’s history. The firm is averaging over $130 million raised per trading day this year. Even if that access were completely shut off, the math still favors the company’s position.

To illustrate the scale, analyst Adam Livingston scaled the balance sheet down by one million times. At that ratio, the company holds $53,400 in Bitcoin and owes $1,712 annually in preferred dividends. That works out to roughly $148 per month, a negligible obligation relative to the asset base.

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Livingston also pulled Bitcoin’s weekly historical price data going back to July 2010. He filtered for periods where Bitcoin traded within ±5% of today’s four-year moving average multiple. That produced 34 historical weekly observations with full forward-return data.

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The median forward Bitcoin returns from those comparable historical points are striking: +50% over six months, +133% over 12 months, +232% over 18 months, and +306% over 24 months. If history holds, Strategy’s Bitcoin holdings are positioned for a substantial recovery.

Stress-Testing the Nightmare Scenario for MSTR

Bears have pointed to preferred dividend obligations as a potential pressure point for Strategy. However, even under a severe stress test, the numbers suggest the concern is overstated. The analysis modeled a scenario where MSTR’s mNAV compresses from 1.3x to 0.8x.

At that compressed multiple, the stock would fall from roughly $123.97 to around $76. Market capitalization would drop from approximately $43.9 billion to $27 billion.

Even then, covering a full year of preferred dividends through common stock issuance would require only 6.6% dilution.

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On a monthly basis, that comes to roughly 0.55% dilution per month. Meanwhile, monthly MSTR dollar trading volume runs approximately $54.79 billion.

The monthly dividend bill of $148.35 million represents only 0.27% of that volume, a fraction that the market can absorb without disruption.

Strategy’s trading volume alone provides a natural buffer against the preferred dividend risk. The company does not need extraordinary measures to meet its obligations, even in a depressed market environment.

For investors who hold a constructive long-term view on Bitcoin, the argument that Strategy’s structure is unsustainable becomes increasingly difficult to support.

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Bitcoin Approaches $64K After US-Iran Deal Update Supports Market Sentiment

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Crypto Breaking News

Bitcoin moved closer to the $64,000 level on Saturday after fresh geopolitical developments improved risk sentiment. The cryptocurrency recovered from earlier lows and maintained positive momentum throughout the trading session. Market participants responded after US President Donald Trump confirmed that a new agreement with Iran will be signed soon.

Bitcoin Gains Strength Following US-Iran Agreement Announcement

Bitcoin traded near $63,950 at the time of reporting and recorded modest gains during the day. The cryptocurrency advanced from around $63,500 earlier in the session and sustained its recovery. As a result, the market approached the important $64,000 psychological level once again.

The upward move followed statements from Donald Trump regarding ongoing negotiations between the United States and Iran. According to the announced timeline, both countries are expected to finalize a new agreement within the next day. Consequently, traders reassessed risk conditions across several financial markets.

The latest development also highlighted plans to reopen the Strait of Hormuz after the agreement takes effect. The waterway remains one of the world’s most important energy shipping routes. Therefore, expectations of normalized maritime activity supported broader market confidence.

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Hormuz Reopening Prospects Reduce Geopolitical Concerns

The Strait of Hormuz carries a significant portion of global crude oil exports each day. Any disruption in the region often affects commodity prices and financial markets. However, expectations of reopening reduced concerns surrounding supply-chain interruptions.

At the same time, the proposed agreement focuses on long-term restrictions related to Iran’s nuclear programme. US officials continue efforts to secure commitments aimed at limiting future nuclear development activities. Consequently, the agreement represents a major diplomatic development in the region.

Geopolitical tensions have influenced digital asset markets several times during recent years. Bitcoin often reacts to changes in global risk perception and macroeconomic conditions. Therefore, easing regional uncertainty contributed to stronger sentiment across the cryptocurrency sector.

Bitcoin Extends Recovery Amid Broader Market Stability

Bitcoin’s latest advance occurred during a period of consolidation across the crypto market. The asset maintained stability despite several macroeconomic events influencing trading activity this week. As a result, buyers continued supporting prices near key technical levels.

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The market also received additional support from comments made by Pakistan Prime Minister Shehbaz Sharif. Earlier on Saturday, Sharif indicated that a US-Iran agreement could be finalized within twenty-four hours. Consequently, expectations surrounding diplomatic progress strengthened throughout the day.

Bitcoin has remained sensitive to major international developments because of its growing role in global financial markets. Large geopolitical events frequently influence short-term trading behavior and market sentiment. Therefore, diplomatic breakthroughs often affect cryptocurrency valuations alongside traditional assets.

The current recovery follows several sessions of price fluctuations driven by macroeconomic and geopolitical headlines. Bitcoin previously faced pressure as traders assessed inflation data and central bank expectations. However, improving geopolitical conditions helped offset some of those concerns.

Meanwhile, the broader digital asset market showed signs of stabilisation during the latest trading session. Several major cryptocurrencies also posted modest gains as risk appetite improved. Consequently, overall market sentiment remained constructive heading into the weekend.

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Bitcoin continues to trade below recent highs, yet it has preserved support above key price zones. Market participants now focus on developments surrounding the expected agreement and its implementation. Any progress regarding the reopening of the Strait of Hormuz could influence sentiment across global markets.

The latest rebound highlights how geopolitical developments can affect cryptocurrency performance within short periods. Improved diplomatic relations often reduce uncertainty and support broader market stability. As a result, Bitcoin approached the $64,000 mark while traders responded to expectations of reduced regional tensions.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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XRP and RLUSD Power New AI Economy After XRPL’s Latest Big Update

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AI agents have begun completing complicated tasks, including transacting on their own by paying for services or purchasing computing power, all of which is far superior to AI’s early methods of generating texts, images, or simple code.

Ripple wants to have a bigger role, and its latest update, published earlier this week, explains how its native tokens could be at the forefront.

XRP, RLUSD to Power AI

In an attempt to position itself at the center of this emerging machine-to-machine economy, the new update to the XRP Ledger ecosystem, called AI Starter Kit, serves as a suite of tools designed to help developers build autonomous payment apps powered by Ripple’s two tokens, XRP and RLUSD.

The announcement reads that the new product line will allow developers to build such AI agents capable of making and receiving payments through the XRPL. It includes support for X402-powered payments, allowing agents to pay for API access, AI model inference, cloud computing resources, and other digital services using either XRP or RLUSD.

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Ripple tries to differentiate itself from other blockchain networks that rely mainly on variable transaction fees and smart contract execution. Instead, XRPL provides settlement finality within 3-5 seconds, predictable transaction costs, and built-in payment functionality.

Developers are aware of the transaction costs in advance, while the AI agents can complete transfers without dealing with gas fee auctions or uncertain settlement times.

The announcement added that XRPL’s native decentralized exchange could be particularly attractive to most devs. An AI agent can send RLUSD while the recipient receives XRP (or vice versa), with a single transaction. The conversion is handled directly by the protocol.

Safety First

Ripple believes its enhanced levels of security are another major selling point. The XRP Ledger has operated continuously for 14 years without transaction rollbacks, while its protocol-level payment system removes many of the smart contract risks that have led to billions of dollars worth of cryptocurrency exploits across many different projects.

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The first phase of the new starter kit will include documentation access through AI assistants such as Claude, wallet and payment tools for agent-based apps, and support for the X402 protocol following a collaboration with t54.

The post XRP and RLUSD Power New AI Economy After XRPL’s Latest Big Update appeared first on CryptoPotato.

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