Alchemy CTO explains why, in the future, every bank will issue its own stablecoin and operate its own blockchain.

Every bank will issue a stablecoin after GENIUS Act passage: Alchemy CTO

Jordan’s new digital asset trading legislation will come into force 90 days 
following its publication in the official gazette. Central Bank Digital 
Currency Not Covered by New Law Jordan&#8217;s digital asset trading law is set to 
become effective in 90 days following the publication of the Virtual Currency 
Trading Law of 2025 in the official […]

Unlicensed Crypto Activity in Jordan Could Soon Carry Jail Time

An onchain investigator has flagged a major breach at Iran-based Nobitex, 
where hackers made off with more than $81 million in digital assets. Related 
Reading: Tether Enforces Freeze On $12 Million In Tron Funds Over Illicit 
Activity Based on reports from blockchain sleuth ZachXBT, at least $81.7 
million was moved out of the exchange’s hot wallets on June 16, 2025. The 
stolen funds came from both the Tron network and various Ethereum Virtual 
Machine (EVM) chains. Massive Funds Drained From Hot Wallets According to 
ZachXBT’s Telegram post, the first chunk—$49 million—went through a vanity 
address that read “TKFuckiRGCTerrorists…mNX.” A second custom address, 
“0xffFFfFFffFF…Dead,” was used to pull the rest. These special wallet names 
aren’t random. They show how attackers slipped around Nobitex’s checks and 
grabbed funds meant to stay locked down. Vanity Addresses Exploit Access 
Controls Experts say the use of these human‑readable addresses points to a 
flaw in the exchange’s internal controls. “Attackers managed to infiltrate 
systems that should have blocked unauthorized wallets,” noted Hakan Unal of 
Cyvers security. The exchange confirmed that it spotted the breach quickly and 
suspended the affected hot wallets. Political Motive Behind The Breach A 
pro‑Israel hacker group calling itself “Gonjeshke Darande” claimed 
responsibility in an X post. The group called Nobitex a tool for “regime 
financing” and threatened to release source code and internal files within 24 
hours. After the IRGC’s “Bank Sepah” comes the turn of Nobitex WARNING! In 24 
hours, we will release Nobitex&#8217;s source code and internal information from 
their internal network. Any assets that remain there after that point will be 
at risk! The Nobitex exchange is at the heart of the… 
pic.twitter.com/GFyBCPCFIE — Gonjeshke Darande (@GonjeshkeDarand) June 18, 
2025 They warned that any assets left on the platform would be in danger. This 
hack comes as tensions surged between Israel and Iran after Israel’s largest 
strikes on Iran since the 1980s. Reports say at least 224 people died in Iran 
and 24 in Israel during the renewed conflict. Cold Storage And User Security 
Assurances Nobitex says users’ main funds are safe in cold storage, and only a 
fraction of hot‑wallet assets were hit. The exchange promised to cover all 
losses with its insurance fund and internal resources. That promise should 
reassure customers, though the fear of leaked code or files could drive some 
to pull funds. Related Reading: Crypto Gets A Green Light From Spanish Banking 
Giant Unmoved Funds Could Reveal Next Steps Interestingly, none of the stolen 
coins have moved since the hack was first spotted. That could mean the hackers 
are choosing their next move. Or it might be a warning shot meant to show they 
can strike again. Either way, this incident highlights how vital it is for 
exchanges to guard against insider‑level slip‑ups. Protocols alone aren’t 
enough if people and processes leave doors open. As the crypto world watches, 
Nobitex users will be looking closely at how the platform rebuilds trust and 
keeps their money safe. Featured image from Unsplash, chart from TradingView

Iran’s Top Crypto Hub Loses $82 Million To Hackers With Israeli Links—Details

The spot Bitcoin ETFs recorded their eighth straight day of inflows as early 
market panic from the Israel-Iran conflict appears to be cooling off.

US Bitcoin ETFs hit 8-day inflow streak despite Middle East tensions

Dogecoin started a fresh decline from the $0.1820 zone against the US Dollar. 
DOGE is now consolidating losses and might recover if it clears $0.1750. DOGE 
price started a fresh decline below the $0.1820 and $0.180 levels. The price 
is trading below the $0.1780 level and the 100-hourly simple moving average. 
There was a break above a bearish trend line forming with resistance at 
$0.1680 on the hourly chart of the DOGE/USD pair (data source from Kraken). 
The price could start a fresh decline if it stays below the $0.1780 zone. 
Dogecoin Price Faces Resistance Dogecoin price started a fresh decline after 
it failed to clear the $0.1820 zone, underperforming Bitcoin and Ethereum. 
DOGE declined below the $0.1800 and $0.1780 levels. The bears even pushed the 
price below the $0.170 level. A low was formed at $0.1641 and the price is now 
attempting to recover. There was a minor move above the 23.6% Fib retracement 
level of the downward move from the $0.1811 swing high to the $0.1641 low. 
Besides, there was a break above a bearish trend line forming with resistance 
at $0.1680 on the hourly chart of the DOGE/USD pair. Dogecoin price is now 
trading below the $0.1780 level and the 100-hourly simple moving average. 
Immediate resistance on the upside is near the $0.1725 level. It is close to 
the 50% Fib retracement level of the downward move from the $0.1811 swing high 
to the $0.1641 low. The first major resistance for the bulls could be near the 
$0.1750 level. The next major resistance is near the $0.1820 level. A close 
above the $0.1820 resistance might send the price toward the $0.1880 
resistance. Any more gains might send the price toward the $0.200 level. The 
next major stop for the bulls might be $0.2120. Another Decline In DOGE? If 
DOGE’s price fails to climb above the $0.1750 level, it could start another 
decline. Initial support on the downside is near the $0.1680 level. The next 
major support is near the $0.1640 level. The main support sits at $0.1620. If 
there is a downside break below the $0.1620 support, the price could decline 
further. In the stated case, the price might decline toward the $0.150 level 
or even $0.1440 in the near term. Technical Indicators Hourly MACD – The MACD 
for DOGE/USD is now losing momentum in the bearish zone. Hourly RSI (Relative 
Strength Index) – The RSI for DOGE/USD is now above the 50 level. Major 
Support Levels – $0.1640 and $0.1620. Major Resistance Levels – $0.1750 and 
$0.1800.

Dogecoin (DOGE) Struggles to Climb — Upside Moves Likely to Face Strong Resistance

After breaching Iran’s largest crypto exchange, the pro-Israel hacker group 
Gonjeshke Darande claimed to have destroyed more than $90 million in digital 
assets taken from Nobitex’s wallets. In a June 18 update via X, the group said 
it had burned…