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Crypto Securityin Cryptocurrency
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Crypto faces security threats as a French user is violently attacked over a Ledger wallet, ZachXBT exposes Garden Finance for laundering stolen funds, and CoinMarketCap cracks down on a malicious wallet scam.

Bitcoin Core Reinforces Stance on Nonfinancial Transactions in Recent Statement

Bitcoin.comSunday, June 8, 2025 at 7:30:33 AM
Bitcoin Core Reinforces Stance on Nonfinancial Transactions in Recent Statement
Bitcoin Core, the main software behind Bitcoin, just doubled down on its position that the network shouldn't be used for nonfinancial transactions—like storing arbitrary data or embedding messages in the blockchain. Their recent statement clarifies that Bitcoin is designed as a financial tool first, pushing back against alternative uses that could bloat the network or dilute its purpose.
Editor’s Note: This isn’t just tech jargon—it’s a big deal for how Bitcoin evolves. By drawing this line, Bitcoin Core is signaling that efficiency and financial utility take priority over experimental uses (like NFT-like inscriptions, which have caused debates over congestion and fees). For users and developers, it’s a reminder that Bitcoin’s roadmap stays focused on money, not becoming a jack-of-all-trades blockchain.
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Latest from Cryptocurrency
French Crypto User Assaulted Over Ledger Wallet In Shocking Attack
negativeCryptocurrency
A 23-year-old cryptocurrency holder in a Paris suburb was violently attacked and forced to give up the location of his digital wallet keys. This isn’t just a robbery—it’s a stark reminder that as crypto gains value, it’s also becoming a target for real-world violence. France has seen a worrying uptick in crimes like this, where thieves aren’t just after cash but access to blockchain assets.
Editor’s Note: Crypto isn’t just about digital risks like hacks—it’s now drawing physical threats too. This attack shows how the anonymity and irreversibility of blockchain transactions can make holders vulnerable in ways traditional banking doesn’t. For everyday investors, it’s a wake-up call: securing your crypto isn’t just about strong passwords, but also about personal safety.
XRP Daily RSI Trendline Breaks Down – What It Means For Price
negativeCryptocurrency
XRP's price momentum might be weakening, according to technical indicators. The daily RSI (Relative Strength Index), which tracks buying and selling pressure, has broken its recent trend—suggesting a potential slowdown in upward movement. While the token is still holding above a key support level at $2.13, the shift in momentum could signal a short-term dip ahead.
Editor’s Note: For traders and XRP holders, this isn't panic-time yet, but it's a heads-up. Technical indicators like RSI help gauge market sentiment, and a breakdown here often precedes price drops. If you're watching XRP, keep an eye on that $2.13 level—if it cracks, things could get bumpy. For crypto markets, these shifts matter because they hint at broader trader behavior, not just for XRP but potentially for altcoins in general.
HASHJ cloud mining opens new frontier with support for BTC, ETH, DOGE, XRP, SOL, USDT
positiveCryptocurrency
HASHJ, a cloud mining platform, is rolling out an upgraded service that uses AI to let users mine multiple cryptocurrencies—including Bitcoin, Ethereum, Dogecoin, Ripple, Solana, and Tether—directly from their smartphones. The pitch? A hands-off way to earn passive crypto income without the hassle of managing hardware. Just note the #sponsoredcontent tag—this is promotional, not independent reporting.
Editor’s Note: Cloud mining isn’t new, but bundling AI with support for this many coins—especially meme favorites like DOGE—could attract casual investors looking for low-effort crypto exposure. That said, sponsored content means HASHJ is selling a vision, not necessarily proven results. For crypto-curious folks, it’s worth a glance, but as always, DYOR (do your own research) before jumping in.
Interest Rate Showdown: Trump vs. Powell, Massie vs. the Fed
negativeCryptocurrency
This article dives into the heated debate over U.S. interest rates, pitting former President Donald Trump against Federal Reserve Chair Jerome Powell, while Rep. Thomas Massie takes on the Fed itself. The piece likely explores tensions over monetary policy, political pressure on the Fed, and the broader economic implications of these clashes—especially for inflation, markets, and everyday Americans.
Editor’s Note: Interest rates aren’t just a wonky finance topic—they affect everything from your mortgage to your grocery bill. When political heavyweights like Trump and Powell spar over them, it signals bigger fights about who controls the economy’s levers. With Rep. Massie adding fuel to the fire, this showdown could shake confidence in the Fed’s independence, making markets (and your wallet) nervous.
XRP’s safe, for now; Ripple lawyer dismisses government seizure claims
neutralCryptocurrency
Ripple's lawyer, Bill Morgan, just shut down rumors that the U.S. government might swoop in and grab XRP from the company’s escrow accounts. When an analyst floated the idea of possible confiscation for national reserves, Morgan’s response was a flat-out "No it won’t." For now, it seems XRP holders can breathe easy—no seizure drama on the horizon.
Editor’s Note: Crypto markets thrive (or panic) on speculation, and this rumor about XRP being at risk of government seizure was enough to stir the pot. Morgan’s quick dismissal reassures investors, but it’s also a reminder of how sensitive crypto is to regulatory whispers. Even unfounded claims can rattle the market, so clarity from legal experts helps keep things steady.

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