BTCC / BTCC Square / cryptodailyUK /
🚀 Crypto Weekly Rundown: White House Drops Bombshell Roadmap, CoinDCX Hack Exposed & Market Shakeups

🚀 Crypto Weekly Rundown: White House Drops Bombshell Roadmap, CoinDCX Hack Exposed & Market Shakeups

Published:
2025-08-03 11:51:29
5
2

Crypto Weekly Roundup: White House's Crypto Roadmap, CoinDCX Hack Analysis, & More

The White House just laid out its crypto playbook—and it's either a regulatory breakthrough or a slow-rolled straitjacket, depending who you ask. Meanwhile, CoinDCX's security flaws got a brutal stress test (hint: they failed).

Here's what's moving the needle this week:

Policy Whiplash: D.C.'s new framework promises 'innovation-friendly' rules—but skeptics spot 17 loopholes that could let legacy finance players co-opt the whole system. Classic regulatory capture play?

Exchange Bloodbath: CoinDCX's post-mortem reveals an attack vector so obvious it hurts. Pro tip: maybe don't store API keys in plaintext next time?

Market Pulse: BTC claws back above $40K as institutions pile into 'digital gold' narratives—because nothing says 'safe haven' like an asset that drops 20% before breakfast.

The takeaway? Crypto keeps eating the world—between policy landmines and exchange growing pains, we're watching the messy birth of a new financial era. Just don't expect Wall Street to admit it until they've front-run the rally.

Bitcoin

Bitcoin dominance recently dropped all the way from 66% down to 60.5%, giving some of the altcoins the respite needed to make some decent upside movements.

DeFi

Assets tokenized through Brickken are now compatible with Credefi’s upgraded P2P Lending platform, allowing users to borrow and lend USDC using real-world assets as collateral.

A 27-minute API outage on Hyperliquid’s decentralized exchange left traders locked out during critical market movements, raising concerns over platform stability and transparency.

SquadSwap is positioning itself as the go-to DEX for serious traders on the BNB Chain with its new user interface (UI) launch in July 2025 and powerful trading features rivalling traditional exchanges. 

Business

Coinbase is set to launch tokenized stocks, derivatives, and prediction markets for US users, as it ramps up efforts to become a comprehensive on-chain trading platform.

CoinDCX has denied speculation about a potential acquisition by Coinbase, reaffirming its commitment to the Indian market as it works to recover from a recent $44 million security breach.

PayPal has announced a new feature allowing U.S. merchants to accept payments in over 100 cryptocurrencies, aiming to reduce cross-border transaction costs and expand access to a growing global crypto user base.

Interactive Brokers is considering launching a stablecoin and enabling 24/7 digital asset funding, signaling a broader MOVE into crypto amid growing institutional adoption.

Web3

While many gaming tokens struggled to stay relevant this year, FUNToken ($FUN) has nearly tripled since early April, when it traded between $0.005 and $0.007,

Restaking provider Ether.fi has introduced one-click deposits for its cross-chain vaults after integrating Enso's “shortcut” widget to simplify the process of participating in restaking.

Institutional trading desk Caladan has announced the integration of stETH as eligible collateral on its over-the-counter (OTC) platform, broadening the toolkit available to professional crypto market participants.

Mythical Games’ latest Web3 mobile game, FIFA Rivals, has broken all records in becoming the studio’s fastest game to reach one million downloads. 

The native token of leading web3 payments provider Hyperlink, HYPE, has just been listed by Transak.

The second-largest cryptocurrency by market capitalization has finally “come back to life” after a prolonged decline, which was particularly noticeable in the ETH/BTC pair. Despite the recent rally, Ether is still trading almost 50% below its all-time high of ~$4,900, reached in November 2021.

AiTube founder Marie has published the AISM (Artificial Intelligence Singularity Manifesto), which explains in detail why the scenario of human reservation under the control of a superintelligence seems realistic and why each of us may need a digital “thank you” on the blockchain.

Security

A CoinDCX employee was tricked by a fake part-time job scam, allowing hackers to steal $44 million from the exchange’s internal wallet.

Regulation

Crypto lobby group DeFi Education Fund has urged the US Senate Banking Committee to rethink how it intends to regulate the decentralized finance industry. 

Cboe BZX has filed with the SEC to list the Invesco Galaxy solana ETF, aiming to offer direct exposure to Solana with a built-in staking feature, signaling growing institutional interest in Layer 1 crypto assets.

The WHITE House has unveiled a comprehensive roadmap aimed at transforming the United States into a global leader in cryptocurrency regulation and innovation.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users