Coinpedia Digest: This Week’s Crypto News Highlights | 26 July, 2025

The post Coinpedia Digest: This Week’s Crypto News Highlights | 26 July, 2025 appeared first on Coinpedia Fintech News Yet another crazy week in crypto with moments that caught everyone off guard. From massive bitcoin buys to major scams, upgrades, and unexpected exits, the stories came from every corner – exchanges, regulators, and even celebrities! If you’ve missed anything, don’t worry. Here’s a complete crypto roundup for you to get caught up on it all. Let’s dive in. #1 Trump Media Buys $2B in Bitcoin to Build Crypto Reserve Trump Media has officially joined the crypto treasury club. The company behind Truth Social confirmed a $2 billion investment in bitcoin and bitcoin-related assets. CEO Devin Nunes says the move is part of a long-term strategy to “help ensure our Company’s financial freedom” and support a future utility token for the platform. Another $300 million has been set aside for options tied to Bitcoin. The company also plans to explore crypto ETFs . #2 Ozzy Osbourne’s Death Triggers Scam Token Rush on Solana Just hours after Ozzy Osbourne passed away, Solana saw a flood of new memecoins using his name. At least 15 “OZZY” or “RIP Ozzy” tokens were launched – many of them scams. On-chain data shows 10 were confirmed rug pulls, draining around 1,625 SOL, or over $325,000, from investors. In most cases, liquidity was pulled within minutes. The trend mirrors other high-profile crypto scams tied to real-world events. As one report claims , “up to 98% of tokens on Pump.fun” are pump-and-dump schemes, though the platform strongly denies it. #3 New ‘Stretch’ Stock Gives Michael Saylor More Room to Buy BTC Michael Saylor isn’t slowing down! Strategy (formerly MicroStrategy) has raised $2.8 billion through its new “Stretch” preferred stock offering, up from the original $500 million plan. The money will go straight into more Bitcoin, part of the company’s long-term “42/42” goal to raise $84 billion by 2027. This new stock comes with a flexible 9% monthly dividend, giving Strategy more control as crypto markets shift. With over 607,000 BTC already on its books, the company is doubling down even as critics warn that its debt-heavy strategy could carry major risk. #4 FTX Will Start Next Payout to Creditors on Sept. 30 FTX will begin its next round of creditor repayments on September 30, the bankrupt exchange said on Wednesday. The funds will be distributed through BitGo, Kraken, and Payoneer. So far, FTX has already returned $6.2 billion after getting court approval for its repayment plan. The company also got permission to reduce its disputed claim reserve from $6.5B to $4.3B. Founder Sam Bankman-Fried is currently serving a 25-year sentence for fraud, but for creditors, the slow road to recovery continues. #5 Ripple CEO Warns of New YouTube Scam Ripple is once again warning its community as YouTube scams targeting XRP holders are on the rise. CEO Brad Garlinghouse posted on X this week, urging users to watch out for fake Ripple channels offering high-return airdrops. Like clockwork, with success and market rallies, scammers ramp up their attacks on the crypto community — PLEASE BEWARE of the latest scam targeting the XRP family on @YouTube and impersonating @Ripple ’s official account! We will keep reporting these – please do the same. As… https://t.co/WodO4ZUyW9 — Brad Garlinghouse (@bgarlinghouse) July 23, 2025 The warning comes just days after XRP’s price dropped 10% from its recent high – a moment scammers appear to be using to their advantage. Ripple CTO David Schwartz also flagged a deepfake video promoting a fake 100M XRP giveaway. Investors are advised to avoid unknown links and double-check official accounts. #6 Justin Sun’s Tron Inc. Lists on Nasdaq Justin Sun’s Tron Inc. is now a public company. The firm joined the Nasdaq this week, not through a standard IPO, but by merging with SRM Entertainment – a U.S. toy maker that supplies Disney and Universal. Sun called the listing “a very big moment for the whole industry.” Tron Inc. now holds over $115 million worth of TRX tokens, and trading volume surged 36% after the news. #7 FBI Closes Case Against Kraken’s Jesse Powell Jesse Powell, co-founder of Kraken, is officially in the clear. The FBI has dropped its investigation into him, confirming no criminal charges will be filed. A declination letter from the Department of Justice also states that all seized laptops, phones, and crypto have been returned. The case was tied to a nonprofit dispute, not to Kraken or crypto. This clears the path for Powell to focus fully on Kraken again and it sends a strong signal that facts still matter in high-profile investigations. #8 Ethereum’s Next Big Upgrade May Arrive in November Ethereum developers are targeting a November launch for the Fusaka hard fork ,, which includes 11 proposals focused on security and scalability. One key update, EIP-7825, aims to make the network stronger against attacks. A devnet rolled out this week, with two public testnets to follow. “We need our timeline TIGHT,” warned protocol support member Nixo. To speed things up, EIP-7907 has been dropped, and the EVM Object Format won’t be included. Fusaka could ship just before Devconnect, while work on the next upgrade , Glamsterdam, is already underway. #9 CoinDCX Hit by $44M Hack, Customer Funds Safe CoinDCX , India’s largest crypto exchange, confirmed it lost $44 million after one of its internal accounts was compromised. The account was used for liquidity on a partner exchange and had no connection to user wallets. CEO Sumit Gupta said the breach was contained quickly and the loss will be covered by CoinDCX’s own reserves. The stolen crypto – 4,443 ETH and 155,830 SOL – was moved using Solana-Ethereum bridges and now sits dormant. Investigations are ongoing. A 25% recovery bounty has been announced for anyone who helps trace the funds. #10 80,000 Vintage Bitcoins Sold by Galaxy Digital On Friday evening, Galaxy Digital confirmed it sold over 80,000 bitcoins, worth more than $9 billion, for a Satoshi-era investor. These vintage coins, created in 2011, had been pooled and quietly transferred before the sale. “The transaction was part of the investor’s broader estate planning strategy,” Galaxy said. What’s surprising is how the market reacted: it didn’t. Despite the size of the sale, prices held steady. With similar moves expected, like the UK’s 61,245 BTC sale, this could signal a new phase of market maturity. Bitcoin is headed up! In the Spotlight Here’s a few quick hits you shouldn’t miss! First U.S.-Regulated Stablecoin Launches Under GENIUS Act: Ethena and Anchorage rolled out USDtb with full federal oversight , backed by cash and Treasuries. It’s the first onshore stablecoin under the new law and ENA jumped 5% on launch. Citadel Pushes Back on Tokenization Loopholes: The firm warned the SEC that exempting major players from standard rules could distort equity markets and hurt investor protections, calling instead for formal rulemaking to prevent unfair regulatory advantages. SEC Hits Pause on Bitwise ETF After Green Light: Just hours after approving the Bitwise 10 Crypto Index Fund conversion, the SEC moved to halt progress for a formal review, which was what it did against Grayscale’s GDLC and drew fresh legal heat. Pudgy Penguins CEO Eyes NFTs 2.0 and a Gaming Breakout: Luca Netz says crypto’s next big wave will come from gaming, not just NFTs. With $50M in projected revenue and toys as brand touchpoints , Igloo Inc. is betting big on long-term consumer IP. Goldman, BNY Bring Tokenized Funds to Wall Street: Backed by Treasuries and supported by giants like BlackRock and Fidelity, the funds offer yield with real-time settlement, pushing blockchain infrastructure deeper into capital markets right as new stablecoin laws kick in. What’s Next for Crypto? Major shifts to expect ahead Bitcoin’s role as a corporate reserve is back in focus. With Trump Media and Strategy pouring billions into BTC, treasury strategies are evolving fast. Expect more firms to follow. Stablecoins are entering a new phase – fully regulated! The launch of USDtb shows what compliance-driven stablecoins could look like. Ethereum’s next upgrade is moving fast. Fusaka is on track for a November release with key changes focused on security. Celebrity-linked scams are becoming a bigger threat. The Ozzy token rush highlights how quickly scammers exploit real-world events. This kind of memecoin trend could put more pressure on platforms to respond faster. Large BTC sales no longer shock the market. Galaxy sold $9B in vintage bitcoin without shaking prices. With more big holders expected to sell this year, the market seems better prepared than before. That’s it for now – until the next twist, the next shift, the next headline. See you soon!

Source: coinpedia