Authorities in Shenzhen, China, urged the public to stay vigilant after uncovering illegal fundraising schemes masked as stablecoin investments.

Shenzhen issues warning over stablecoin scams, illegal crypto fundraising

Coreweave will acquire data center operator Core Scientific in an all-stock 
transaction valued at approximately $9 billion. The deal, announced Monday, is 
expected to close in the fourth quarter of 2025. Coreweave Adds 1.3 GW Power 
via Core Scientific Buy Under the agreement, Core Scientific stockholders will 
receive 0.1235 shares of Coreweave Class A common […]

$9B Merger: Coreweave Acquires Core Scientific

CoreWeave acquires Bitcoin mining giant Core Scientific for $9 billion in an 
all-stock deal, boosting its data center capacity for AI and high-performance 
computing.

CoreWeave finalizes Core Scientific acquisition for $9B

Dogecoin price formed a double bottom pattern, pointing to an eventual rebound 
as whale accumulation continues. Dogecoin (DOGE) was trading at $0.1700 on 
July 7, a few points above the year-to-date low of $0.1467. It has dropped by 
35% from…

Dogecoin price double bottoms as whale accumulation continues

Arbitrum reached an all-time high in stablecoin supply, amid rising inflows.

Stablecoin adoption on Arbitrum mainnet is at an all-time high

The U.S. Secret Service has now seized over $400M in digital assets, all of 
which are stored in a single cold wallet, making it one of the largest cold 
wallet crypto stashes around. It’s worth noting that these assets have been 
recovered over a period of 10 years by tracking and neutralizing online 
cryptocurrency scams. Global crypto scams totaled around $16.6B in 2024 alone, 
with Americans losing a chunky $9.3B. Out of this, older adults were hit the 
hardest, losing nearly $2.8B. Read on as we dig into how these scams are 
executed and how the Secret Service works to neutralize them. We’ll also 
explain why using a secure, non-custodial crypto wallet like Best Wallet 
(powered by $BEST) is absolutely critical to keeping your crypto safe. How Are 
Cryptocurrency Scams Neutralized? Jamie Lam, an investigative analyst with the 
U.S. Secret Service, shed light on how these scams operate and how they 
neutralize them. In one instance, scammers used photos of attractive 
individuals to lure unsuspecting investors into seemingly legitimate 
cryptocurrency websites, often complete with sleek design and dedicated 
support teams to build trust. Initial deposits would yield small profits, 
which encouraged the victims to keep investing. Eventually, the platform would 
stop working, and the account balance would disappear into thin air. Jamie’s 
team traced the fake investment site’s domain using open source tools to 
uncover details like registration time and ownership. When they tracked the 
domain purchase, it led them to a crypto wallet, and a brief VPN failure 
finally helped expose the scammer’s IP address. A large part of these 
takedowns also depends on cooperation from industry players like Tether and 
Coinbase. In fact, Tether helped the Secret Service recover $225M worth of 
$USDT in what was one of the largest crypto scam busts to date. All of this 
underscores the importance of using a secure crypto storage solution like Best 
Wallet. By giving you total control of your assets and keeping them safe from 
phishing and fraud, Best Wallet ensures you don’t fall prey to a crypto hack. 
What is Best Wallet? As mentioned above, Best Wallet is a free crypto wallet 
that&#8217;s completely self-custodial. This simply means that you and only you will 
have access to your wallet’s private keys, ensuring that no third party, not 
even Best Wallet&#8217;s employees, can access your wallet or the funds therein. 
Along with this, Best Wallet also comes with excellent 2FA/MFA options, 
allowing you to set up a second one-time password for access to your account. 
Here, you have the option to use biometric authentication, which is one of the 
safest and most sought-after 2FA measures. What&#8217;s more, Best Wallet leverages 
advanced cryptographic technology to protect you and your stored crypto 
against theft, hacks, and other malicious crypto attacks, including scams and 
phishing attempts. Even better, Best Wallet employees verify every token 
before making it available on their platform, safeguarding you from investing 
your hard-earned money into scam tokens. That&#8217;s not all, though, as Best 
Wallet has some exciting upgrades in store. It&#8217;ll soon roll out advanced anti- 
fraud protection and defenses against sophisticated MEV (Miner Extractable 
Value) attacks. More Than Just Security: Best Wallet Supercharges Meme Coin 
Access and Trading One of the most unique features of Best Wallet is that it 
allows you to buy new meme coins on presale directly from within the app. 
Usually, even the best crypto wallets will require you to connect to a 
presale&#8217;s website and complete your purchase from there. However, Best 
Wallet&#8217;s ‘Upcoming’ section redefines what simplicity means in the meme coin 
space by allowing users to buy new meme coins without ever having to leave the 
app. Furthermore, Best Wallet also plans on offering a full-fledged crypto 
trading terminal, with limit buy/sell orders, stop-losses, and even dollar 
cost averaging (DCA). Buy $BEST and Join Best Wallet&#8217;s Success Story With a 
streamlined approach to meme coin purchases, intuitive mobile-first design, 
and top-notch security, Best Wallet has everything it needs to achieve its 
goal of capturing over 40% of the non-custodial crypto wallet market by 2027. 
You can ride this success story by buying Best Wallet Token ($BEST), the 
project&#8217;s native cryptocurrency. It&#8217;s currently in presale, with over $13.7M 
already raised, and each token available at a low price of $0.025295. 
According to our $BEST price prediction, the token can surge around 180% and 
reach $0.07 by 2030, offering early buyers a chunky return on their 
investment. Most importantly, $BEST holders get to unlock a slew of ecosystem 
benefits. These include reduced trading and gas fees, governance rights, 
staking rewards (currently yielding 100%), and early access to new meme coin 
launches. To learn more about Best Wallet, check out its official whitepaper. 
And for all of the latest updates, follow it on X and join its Telegram 
channel. Disclaimer: The crypto market is highly volatile and guarantees no 
returns. This article is not financial advice, and we strongly recommend that 
you do your own research before investing.