Index
ToggleOver the past week, the cryptocurrency market has seen many notable events. Let's take a look back at the hottest Crypto news of the past week with Allinstation!
Iran approves closure of Strait of Hormuz, raising risk of global energy crisis
According to Reuters , the Iranian parliament has just officially passed a bill to close the Strait of Hormuz – a strategic shipping route that carries about 25-30% of the world’s total oil and gas production. With a width of only about 35 km at its narrowest point, the Strait of Hormuz is an energy artery connecting the Gulf region to international markets, especially major energy importing countries such as China, India, Japan, South Korea and the entire European region.
Details: Iran Decides to Close the Strait of Hormuz, Raising the Risk of a Global Energy Crisis
US surprise airstrike on Iran
On the morning of June 22, Vietnam time, US President Donald Trump suddenly announced that the US military had conducted an airstrike campaign targeting three strategic nuclear facilities in Iran, including locations in Fordow, Natanz and Isfahan. The message was posted on the social networking platform Truth Social, in which Mr. Trump affirmed that the campaign was "a great success".
Details: US Surprises Iran With Airstrikes, Officially Joins Israel-Iran War
Texas Governor Officially Signs Bill to Open Bitcoin Reserve Fund
On June 22, Texas Governor Greg Abbott officially signed SB 21 Bitcoin Reserve Act, legalizing the state to hold Bitcoin as part of its government reserves.
Details: Texas Governor Officially Signs Bill to Open Bitcoin Reserve Fund
pump.fun is expected to postpone Token launch to July.
Solana -based memecoin platform pump.fun is rumored to be postponing its Token launch date to July instead of June 25 as originally planned , according to Wu Blockchain. The project had planned to Token Issuance from the end of 2023, however, the implementation process has been repeatedly delayed for various reasons, leaving the community curious and waiting.
Details: Pump.fun Expects to Postpone Token Launch Date to July
Revealing the OTC Token scam Sui, NEAR, Sei... causing a series of Crypto funds & KOLs to be scammed of 50 million USD
A large-scale scam in the OTC (over-the-counter) cryptocurrency market has just been exposed on the social media platform X (formerly Twitter) by the Altcoin Alpha account. The incident has seriously affected many Venture Capital, KOLs in the cryptocurrency field and large investors.
US state of Wyoming to launch stablecoin WYST in August
According to information published by The Block on June 21, the stablecoin WYST – a project developed by the Wyoming Stablecoin Committee under the auspices of the state government – is scheduled to officially launch on August 20. This information is cited from the minutes of the committee's most recent regular meeting.
Details: US State of Wyoming Will Launch Stablecoin WYST in August
Reddit Considers Integrating Worldcoin 's World ID
Reddit, the global social media giant, is XEM integrating World ID technology, a biometric-based identity verification solution developed by Worldcoin (WLD), a startup co-founded by Sam Altman. According to a report from Semafor on June 20, 2025, Reddit is in the process of internal discussions about using iris scanning technology to verify the identity of users on the platform, while still maintaining anonymity – a core element of Reddit.
Details: Reddit Considers Integrating Worldcoin 's World ID
LD Capital is suspected of holding 64.25% of the total supply of NEIRO Token
According to data published on June 20 by on-chain analytics platform EmberCN, Trend Research – a unit of LD Capital – not only owns 173,000 ETH but also controls up to 64.25% of the total supply of the meme coin NEIRO.
Details: LD Capital is Currently Holding 64.25% of Total NEIRO Token Supply
WSJ: The US is about to take strong action against allied chip factories located in China
The U.S. government is planning to take tough measures to restrict the operations of chip factories operated by allied companies in China, according to a June 20 Wall Street Journal (WSJ) report. The move is part of a strategy to tighten controls on high-tech exports to China, aimed at limiting Beijing's ability to develop advanced technology.
Details: WSJ: US is about to take strong action against allied chip factories located in China
Telegram CEO writes will, will leave assets to more than 100 children
Pavel Durov, founder and CEO of encrypted messaging platform Telegram, recently revealed in an interview with Le Point (France) that he has made a will to Chia his $17.1 billion fortune among more than 100 children.
Details: Telegram CEO Writes Will, Will Leave Assets to More Than 100 Children
Over 16 Billion Apple, Google and More Service Logins Leaked – Cryptocurrency Users Could Be at Serious Risk
A new report from Cybernews , as cited by Cointelegraph , says that a cybersecurity research team has discovered that more than 16 billion login credentials from online service providers such as Apple, Google, Facebook , etc. have been leaked. Notably, a single database of these contained up to 3.5 billion records , making it one of the largest information leaks ever recorded.
Forbes: Trump's company is quietly selling its stake in WLFI
According to Forbes, a company owned by US President Donald Trump has quietly reduced its ownership in World Liberty Financial – the key cryptocurrency project associated with his name – from 60% to 40% in just the past 11 days. Analysis from the small notes on World Liberty Financial’s website shows that this change happened quietly, without any official announcement, continuing to raise questions about the behind-the-scenes deals that Mr. Trump or his representatives are making during the election.
Details: Forbes: Trump's Company Is Quietly Selling WLFI Shares
SSI partners with Tether to promote digital assets and blockchain in Vietnam
Today, member units of SSI Securities Corporation, including SSI Asset Management (SSIAM) and SSI Digital (SSID), officially signed a strategic cooperation agreement with Tether - the world's largest stablecoin issuer. This agreement marks an important step forward in promoting the development of digital asset infrastructure and blockchain technology application in Vietnam.
Details: SSI Partners With Tether To Promote Digital Assets And Blockchain In Vietnam
TRON is about to conduct IPO in the US
According to a June 16 report from the Financial Times , TRON – a prominent blockchain platform in the cryptocurrency field – is preparing to conduct an initial public offering (IPO), after the US government officially suspended the investigation targeting TRON founder, billionaire Justin Sun.
Details: TRON Is About to Conduct IPO in the US
Binance Lists Spark (SPK) Through Binance HODLer Airdrops Program
Binance recently announced the listing of the 23rd project in its Binance HODLer Airdrops program – Spark (SPK), an on-chain asset allocation platform that intelligently deploys Capital into DeFi, CeFi, and real-world assets (RWA).
Details: Binance Lists Spark (SPK) Through Binance HODLer Airdrops Program
Strategy Announces Purchase of Additional $1.07 Billion in Bitcoin
Strategy, the world’s largest Bitcoin holding company, announced on Monday that it has added 10,100 BTC worth about $1.07 billion to its portfolio.
Details: Strategy Announces Purchase of Additional $1.07 Billion in Bitcoin
Brazil to impose 17.5% tax on all profits from cryptocurrencies
The Brazilian government has just issued a new tax regulation on digital assets, marking a turning point in the strategy to manage the crypto market in the largest country in Latin America. According to the temporary decree MP 1303, which will take effect from June 12, 2025 , all individuals residing in Brazil will have to pay a fixed income tax of 17.5% on profits earned from cryptocurrency transactions.
Details: Brazil Will Impose 17.5% Tax On All Cryptocurrency Profits
Polyhedra Network Will Buy Back ZKJ Token , Claims Price Crash Was a “Financial Attack” Involved in Wintermute
On the morning of June 17, 2025 (Vietnam time), Tiancheng Xie, founder of the Polyhedra Network project ( Token code ZKJ), officially announced that he would buy back ZKJ Token on the market to stabilize the price after a sharp drop last weekend.
Trump House Launches T1 Phone, T1 Mobile Network
On June 16, Donald Trump Jr. and Eric Trump – the two sons of US President Donald Trump – officially introduced the T1 Mobile mobile service , claiming to use the largest 5G network nationwide thanks to infrastructure cooperation with three major carriers in the US. The project carries the message of “Americans serving Americans”, emphasizing patriotism, high quality and convenience in user experience.
Details: Trump House Launches T1 Phone, T1 Mobile Network
Thailand to Exempt Cryptocurrency Profits from Taxes for 5 Years
The Thai government has approved a landmark tax exemption for the digital asset sector, aiming to boost the country’s position as a global digital finance hub. According to the latest announcement, all profits generated from cryptocurrency trading activities will be exempt from personal income tax if conducted through organizations licensed by the Thai Securities and Exchange Commission (SEC), including cryptocurrency exchanges, brokerage firms, and crypto retailers.
Details: Thailand Will Exempt Cryptocurrency Profits from Taxes for 5 Years
Iran's largest Crypto exchange Nobitex was hacked, causing heavy damage
On June 18, Iran’s leading cryptocurrency exchange Nobitex was the target of a major cyberattack. According to on-chain data, the incident resulted in a large outflow of funds from the platform on the TRON (TRX) network, with total losses estimated at $48.65 million.
Details: Iran's Largest Crypto Exchange Nobitex Hacked, Heavy Damage