AiCoin Daily Report (June 28)

1. Ripple reaches a settlement with the SEC, withdraws its appeal, and the legal dispute is over.

Ripple CEO Brad Garlinghouse (Brad Garlinghouse) stated that Ripple and the SEC have agreed to drop the appeal, ending the legal dispute. "We will completely close this chapter and focus on what matters most: building the internet of value. Stay tuned for our goals." -Original

2. TRM Labs Report: Hacker Attack Losses Reach $2.1 Billion in the First Half of 2025

According to a report released by blockchain intelligence company TRM Labs on Thursday, hackers stole $2.1 billion from the cryptocurrency industry in the first half of 2025, with over 80% of the losses stemming from infrastructure attacks. TRM stated that attacks such as private key theft, mnemonic phrase vulnerabilities, and front-end hijacking, often facilitated by social engineering or insider privilege leaks, resulted in losses that were, on average, 10 times greater than those from other types of attacks. Meanwhile, vulnerabilities in DeFi (decentralized finance) systems remain problematic. Flash loan and smart contract reentrancy attacks accounted for another 12% of the losses, indicating that security risks are still prevalent in on-chain protocols. The data from this six-month period nearly matches the total hacker losses for the entire year of 2024 and is about 10% higher than the historical record from the first half of 2022. Notably, a major incident in February significantly inflated the overall figures: a $1.5 billion hack suffered by Bybit, which TRM attributed to North Korea. This single incident pushed the average loss per hack to $30 million, almost double that of last year. TRM estimates that North Korea-related organizations stole $1.6 billion, accounting for 70% of the total for the first half of the year.

3. BlackRock increased its holdings of Bitcoin by $1.15 billion this week, setting a new historical record.

Arkham indicated that BlackRock has purchased $1.15 billion worth of Bitcoin this week to date, bringing its total Bitcoin holdings to a historic high of $77.7 billion. -Original

4. The U.S. Congress pauses cryptocurrency legislation and prioritizes the market structure and stablecoin bills.

Odaily Planet Daily reported that crypto journalist Eleanor Terrett posted on the X platform indicating that the U.S. Congress has paused cryptocurrency legislation, and the Senate Republican leadership and the White House seem to agree on a new approach to pass market structure and stablecoin legislation as separate bills.

5. Bitcoin Treasury Capital increased its holdings by 81 BTC, continuing to expand its position.

The Canadian listed company Bitcoin Treasury Capital spent 8.7 million dollars to increase its holdings by 81 BTC, bringing its total holdings to 147 BTC. -Original text

6. The Federal Reserve's core inflation rate forecast has been low for three consecutive months, possibly at 2.6%.

Nick Timiraos, a journalist from The Wall Street Journal known as the "Fed's megaphone," stated that according to economists mapping CPI and PPI to PCE, the core inflation rate is expected to remain low for the third consecutive month in May. Core PCE estimate: +0.15% (even lower in May 2024, thus the year-on-year growth rate will rise to 2.6%); Overall personal consumption expenditures (PCE): +0.12% (affected by base effects, year-on-year increase to 2.3%). The year-on-year core PCE price index for the U.S. in May will be announced tonight at 20:30, with many institutions generally expecting a value of +2.6%. -Original text

7. The FATF warns of inadequate cross-border regulation of virtual assets and calls for global cooperation.

The Financial Action Task Force (FATF) recently released its sixth update report on anti-money laundering (AML) and counter-terrorist financing (CFT) measures concerning virtual assets (VAs) and virtual asset service providers (VASPs). The report indicates that while progress has been made globally in legislation and regulation, challenges remain in the licensing, registration, and risk identification and regulation of offshore VASPs. The report also reveals that North Korean hackers stole $1.46 billion from ByBit this year, with only 3.8% recovered, highlighting the urgency of asset recovery and international cooperation. Furthermore, the illegal on-chain transaction volume related to fraud reached $51 billion in 2024. The FATF calls for enhanced regulatory cooperation globally to prevent the misuse of virtual assets by criminals, threatening the security of the international financial system.

8. Trader AguilaTrades increased the BTC short position to over 100 million USD.

Trader AguilaTrades has increased its BTC short position to over 100 million USD. Currently, its position is: 20x short on 931 BTC, worth 100 million USD, opening price 106779 USD, liquidation price 112640 USD. -Original text

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