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4 hours ago

Crypto exchange CoinDCX suffers a $44M hack but resumes INR withdrawals, while a Pump.fun ex-developer is jailed for a $2M theft and bail breach, highlighting ongoing security challenges in crypto.

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Trump Signs GENIUS Act Into Law, Will Make America “The Crypto Capital of the World”

Bitcoin MagazineFriday, July 18, 2025 at 8:21:04 PM
PositiveCryptocurrencyCryptocurrency Policy
Trump Signs GENIUS Act Into Law, Will Make America “The Crypto Capital of the World”
Former President Donald Trump has signed the GENIUS Act into law, a move he claims will position the U.S. as the global leader in cryptocurrency innovation. The legislation aims to streamline regulations and attract crypto businesses, with Trump boldly declaring it will make America the "Crypto Capital of the World." The details of the act aren't fully laid out here, but the tone is celebratory, framing it as a win for both the industry and national economic competitiveness.
Editor’s Note: Love it or hate it, crypto is here to stay—and this law signals a major shift in how the U.S. plans to handle it. If the GENIUS Act delivers on its promises, it could mean more jobs, investment, and tech growth in the sector. But critics might worry about oversight or risks in an already volatile market. Either way, it’s a big deal for anyone watching the future of money.
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Crypto Exchange CoinDCX Falls Victim To $44 Million Hack – Details
Bitcoinist4 hours ago
Crypto Exchange CoinDCX Falls Victim To $44 Million Hack – Details
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Indian cryptocurrency exchange CoinDCX has been hit by a major hack, with thieves making off with $44 million. The breach comes just a year after another Indian exchange, WazirX, lost a staggering $235 million in a similar attack. While CoinDCX’s CEO insists user funds are safe—claiming the stolen assets were company-owned—the timing and scale of the theft raise fresh concerns about security in India’s fast-growing crypto market.
Editor’s Note: This isn’t just about one exchange losing money—it’s another red flag for crypto investors in India, where exchanges keep getting targeted. With back-to-back hacks, people are right to ask: Are these platforms doing enough to protect assets, whether they’re corporate or customer-owned? If trust keeps eroding, it could slow down crypto adoption in a key market.
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