ExchangeDEX+
Buy CryptoMarketsSpotFuturesGOLDEarnEvent Center
More
ICP Zero-Fee Gala

NFT

NFTs are unique digital identifiers recorded on a blockchain that certify ownership and authenticity of a specific asset. Moving past the "PFP" craze, 2026 NFTs emphasize utility, representing everything from IP rights and digital fashion to RWA titles and event ticketing. This tag explores the technical standards of digital ownership, the growth of NFT marketplaces, and the integration of non-fungible tech into the broader Creator Economy and enterprise solutions.

12348 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Aptos and Jump launch Shelby, a thermal data protocol. Can it turn the tide?

Aptos and Jump launch Shelby, a thermal data protocol. Can it turn the tide?

By Alex Liu, Foresight News On the evening of June 24, Aptos announced that it would launch a new storage protocol Shelby in collaboration with crypto giant Jump Crypto. This

Author: PANews

2025/06/25

Pop Mart’s three-stage rocket: How does Labubu use emotional value to leverage a trillion-dollar market?

Pop Mart’s three-stage rocket: How does Labubu use emotional value to leverage a trillion-dollar market?

Author: Yue Xiaoyu Why is Pop Mart’s Labubu so popular? First of all, Labubu’s design is very unique. Different from the sweet image of traditional trendy toys, Labubu’s style is

Author: PANews

2025/06/25

Aptos Labs and Jump Crypto launch decentralized hot storage network

Aptos Labs and Jump Crypto launch decentralized hot storage network

Aptos Labs and Jump Crypto are teaming up to launch a new decentralized hot storage network dubbed ‘Shelby.’ In an announcement posted on X, the Aptos Labs team said Shelby will be web3’s first cloud-grade infrastructure and will offer access…

Author: Crypto.news

2025/06/25

Flashnet and Brale to Collaborate with Magic Eden to Launch USDB, a Native USD-Backed Stablecoin on the Bitcoin Network

Flashnet and Brale to Collaborate with Magic Eden to Launch USDB, a Native USD-Backed Stablecoin on the Bitcoin Network

PANews reported on June 24 that according to Decrypt , Flashnet and Brale will launch USDB, a native stablecoin backed by the US dollar, on the Bitcoin network this summer.

Author: PANews

2025/06/24

Lumia integrates modular cross-chain infrastructure through Avail collaboration

Lumia integrates modular cross-chain infrastructure through Avail collaboration

Real-world asset tokenization platform Lumia is integrating Avail into its on-chain infrastructure, marking a shift from siloed blockchains to a modular, interoperable infrastructure. According to a press release received by crypto.news, the collaboration will integrate the Avail Stack infrastructure into…

Author: Crypto.news

2025/06/24

Japan Moves to Greenlight Bitcoin ETFs—Crypto Gains Taxed at Flat 20% Rate

Japan Moves to Greenlight Bitcoin ETFs—Crypto Gains Taxed at Flat 20% Rate

Japan’s Financial Services Agency (FSA) is preparing a sweeping change to how cryptocurrencies tax is regulated, a move that could reshape the country’s crypto and Web3 ecosystem. In a proposal released on June 24, the agency outlined plans to reclassify cryptocurrencies under the Financial Instruments and Exchange Act (FIEA), moving them away from their current treatment under the Payment Services Act. 🚨UPDATE: JAPAN’S FSA PROPOSES PLACING CRYPTO UNDER FINANCIAL INSTRUMENTS ACTS, PAVING THE WAY FOR $BTC ETFS — BSCN (@BSCNews) June 24, 2025 The change would formally categorize crypto assets as financial products. If adopted, it would reduce crypto taxation from a progressive rate of up to 55% to a flat 20%, the same rate applied to stocks. The FSA’s proposal is set to be discussed at the Financial Services Council general meeting on June 25. Alongside the tax cut, the shift could also open the door for Bitcoin exchange-traded funds (ETFs) in Japan by removing the current legal barriers. Japan Recognizes Crypto as ‘Alternative Investment’ in Economic Revamp According to local outlet CoinPost, this initiative is part of Japan’s wider strategy to position itself as an “investment-based nation.” The government sees Web3 and crypto assets as tools for value creation and regional development, aiming to foster an environment that supports full-scale digital asset adoption. The new policy direction also aligns with Japan’s updated “Grand Design and Action Plan for New Capitalism,” which was approved by the Cabinet earlier this month. The document explicitly supports the growth of Web3 businesses and names them as part of the country’s broader goal of economic revitalization. The government’s stance is that digital assets should be considered part of a diversified investment portfolio. Officials have described cryptocurrencies as “alternative investments,” pointing to their potential as financial instruments with risk-return profiles different from traditional securities. “The healthy development of Web3 businesses such as cryptocurrencies will help resolve social issues and contribute to improving productivity,” the government noted in the action plan. Japan is also looking to tap into the potential of NFTs and Web3 infrastructure to unlock the cultural and economic value hidden in its regions. The FSA report suggests that borderless technologies could help local industries find recognition on a global scale. Analysts believe the policy shift may also be influenced by changing dynamics abroad. The report points to the supportive stance on crypto taken by the Trump administration in the United States and pro-crypto policies in U.S . states like Texas as part of the backdrop. If the proposed changes go through, Japan could mark a historic turning point in its Web3 policy, transitioning from a regulatory-heavy framework to one focused on crypto utilization and market growth. Japan Plans Securities-Style Crypto Rules, Spot Bitcoin ETFs Possible Japan’s recent crypto tax cut to 20% is just one part of a larger transformation underway in the country’s digital asset landscape. In early 2025, Japan’s FSA resumed efforts to formally reclassify crypto assets as financial products under the Financial Instruments and Exchange Act, a move that could pave the way for spot Bitcoin ETFs and stricter trading rules similar to those for traditional securities. 🇯🇵 Japan's FSA plans crypto tax cuts and Bitcoin spot ETF approval by 2026. #Japan #Crypto https://t.co/kzNYI1CtwH — Cryptonews.com (@cryptonews) February 10, 2025 This regulatory overhaul follows years of discussions with experts, industry leaders, and lawmakers. In February, the FSA launched a closed-door study group to review how digital assets should be governed , with a reform outline expected by mid-2025 and a potential bill submission by 2026. If passed, this bill would bring crypto under existing securities laws, enforcing rules around insider trading and market conduct, while also allowing regulated ETFs to be launched. The move mirrors the U.S. SEC’s approval of Bitcoin ETFs in January 2024 , which opened the door for institutional inflows through firms like BlackRock and Fidelity. Japan is also taking cues from regional players like Hong Kong and Singapore , both of which are evolving their regulatory frameworks to support digital asset growth. On the taxation front, momentum is building. After the 2023 exemption of corporate taxes on unrealized gains, Japan’s ruling party previously proposed slashing the top crypto income tax rate from 55% to 20% , aiming to attract both individual investors and institutional players. Industry leaders like Sota Watanabe have publicly supported these reforms, stating that Japan is preparing to regulate crypto as a distinct asset class, not just a financial anomaly. Today is a big day of Japan. The ruling party proposed to regulate crypto with a new framework under Financial Instruments and Exchange Act. If approved this year, likely crypto ETFs and tax deduction from up to 55% to 20% come. I am 100% sure more Japanese people come onchain. — Sota Watanabe 💿 (@WatanabeSota) March 6, 2025 Taken together, these steps signal Japan’s intent to legitimize and expand its crypto economy, while aligning with global standards.

Author: CryptoNews

2025/06/24

“80% of Crypto Scams Could Be Stopped by One Mental Shift” — Crystal CEO | Interview

“80% of Crypto Scams Could Be Stopped by One Mental Shift” — Crystal CEO | Interview

The crypto industry’s rapid growth has created massive opportunities for innovation and a fertile ground for crypto scams . The scale of this exploitation became starkly apparent in 2024, when Americans alone lost a record $9.3 billion to crypto-related crimes , representing a devastating 66% increase from the previous year’s $5.6 billion. The FBI’s Internet Crime Complaint Center received nearly 150,000 crypto-related complaints in 2024, indicating that what once seemed like isolated incidents has now metastasized into a systematic threat to digital finance. Source: Chainalysis Perhaps most alarming is the demographic targeting, with people over 60 reporting the highest losses at $2.8 billion . At the same time, Chainalysis data suggests that North Korean hackers alone stole $1.34 billion from crypto platforms in 2024, representing 61% of all stolen funds. Crystal, a leading blockchain analytics platform, sits at the frontline of this battle. The company’s tools help track illicit cryptocurrency flows and provide crucial intelligence for investigations. We spoke with Navin Gupta, CEO of Crystal since early 2024, about the sophisticated manipulation tactics driving modern crypto fraud. With over 23 years of leadership experience across fintech giants including Citigroup, HSBC, and Ripple, Gupta brings a unique perspective on how traditional financial crime prevention applies to the decentralized world of cryptocurrency. Our conversation reveals how scammers exploit fundamental human psychology, why technical solutions alone aren’t enough, and what individuals and businesses can do to protect themselves. The Psychology Behind Crypto Manipulation CN: From your experience, what are the most common psychological tactics scammers use to build trust with their victims? Gupta: The most common tactics revolve around urgency, authority and familiarity. Scammers impersonate figures of perceived authority, such as project founders, influencers, or even support staff, to create an illusion of legitimacy. They exploit FOMO by creating time pressure “You’ll miss your chance if you don’t act now.” They also mimic the visual identity of real platforms, tapping into a victim’s trust in brands. These attacks are carefully orchestrated campaigns that understand human psychology at a deep level. What makes crypto particularly vulnerable is that many users are already operating in a high-risk, high-reward mindset, making them more susceptible to urgency-based manipulation. CN: How do scammers exploit personal relationships or social closeness – the so-called “trust trap” in modern crypto fraud schemes? Gupta: We’ve seen a surge in what we call “social infiltration.” Attackers slowly embed themselves into communities Discord servers, Telegram groups, even private DMs, posing as helpful members. They build rapport over time, sometimes for weeks, before proposing a scam investment or fake tool. The trap works because it doesn’t feel like fraud. It feels like a friend giving advice. The victim’s guard is down because of emotional familiarity. This is particularly insidious because it exploits one of crypto’s greatest strengths: community . These tight-knit communities built around shared interests and investment strategies become perfect hunting grounds for patient predators. Source: Chainalysis Recent Chainalysis data shows that “pig butchering” scams , which rely heavily on building fake relationships, have seen an 85-fold increase since 2020 . Victims often lose between $2-4 million individually, precisely because the emotional manipulation makes them willing to transfer larger amounts over time. The psychology is devastatingly effective because it taps into fundamental human needs for belonging and trust. When someone who has been helpful and friendly for weeks suddenly presents an “exclusive opportunity,” victims might evaluate the investment and try to maintain a relationship they value. Evolution of Social Engineering Tactics CN: Social engineering is evolving fast. What new behaviors or emotional triggers are attackers using in 2024–2025 that we didn’t see five years ago? Gupta: In 2024–2025, we’re seeing more hyper-personalized attacks. Thanks to leaked data and AI-powered profiling, scammers tailor messages that reflect the victim’s language, portfolio history, or even past interactions. Another trigger that has grown is empathy. Scammers fake medical emergencies or family-related causes to solicit crypto under emotional pretenses. There’s also a rise in “VIP scams” — attackers pretending to offer exclusive investment opportunities, exploiting status-driven FOMO. AI has been a massively destructive tool for scammers. They can now generate convincing personas, mimic writing styles, and even create deepfake videos of trusted figures. Just a few years ago, the level of personalization we’re seeing would have required teams of social engineers; now, it can be automated. Chainalysis research indicates that AI is making fraud “more scalable and affordable for bad actors to conduct,” which explains why we’re seeing such dramatic increases in both sophistication and volume. This hybrid approach has contributed to investment fraud becoming the costliest category, accounting for $5.7 billion in losses in 2024 alone, a 24% increase from the previous year. CN: Could you walk us through a case where the victim was manipulated using privileged or sensitive personal data? How do attackers usually get hold of such data? Gupta: In one case, Crystal analyzed, a victim received a phishing email that included a reference to a private wallet address and transaction from three years ago. The scammers had scraped blockchain data and cross-referenced it with leaked emails from old exchange breaches. This made the phishing message look highly legitimate. They even used the victim’s city and device type in the email footer. Data like this is often bought on darknet forums or extracted via malware and SIM-swaps. What’s particularly concerning is how the transparency of blockchain data, which is generally a feature, becomes a vulnerability when combined with traditional data breaches. Scammers can build incredibly detailed profiles by connecting on-chain activity with off-chain personal information. High-Stakes Social Engineering CN: Could you share a case Crystal worked on that holds a strong lesson about how social manipulation works in scams? Gupta: We investigated a case where a mid-sized crypto fund’s top manager was tricked by someone posing as their CEO on Telegram. The attacker spoofed the CEO’s Telegram ID, mimicked writing style, and asked for an “urgent liquidity transfer.” What’s shocking is that the attacker waited until the real CEO was traveling — information likely taken from social media. It’s a clear example of how scammers blend social engineering with timing and reconnaissance. The breach was emotional and contextual. This particularly shows why traditional corporate security training often fails in the crypto space. The speed and irreversibility of crypto transactions don’t allow for the usual verification processes that might catch such attacks in traditional finance. CN: Have you noticed an increase in scams targeting high-net-worth individuals or companies through tailored, “luxury” phishing attempts? If yes, how do these differ from mass-market scams? Gupta: Absolutely. High-net-worth targets are approached with sophistication. These phishing attempts often arrive via LinkedIn, private invite-only communities, or even through introductions from compromised contacts. The language is polished, the visuals mimic premium branding, and the attackers often reference private investment rounds or bespoke DeFi tools. The difference lies in the prep work. Mass-market scams are fast and generic — contrary, “luxury” scams are slow, curated, and often involve weeks of social engineering. Attackers invest months in building relationships with high-value targets. They’ll attend virtual events, contribute to discussions, and establish credibility before making their move. The ROI justifies this level of effort when a single successful attack can net millions. This trend is part of broader market data showing that people aged 50-59 lost $164 million in Q1 2025 alone to investment scams, despite representing a smaller victim pool than younger demographics. The sophistication extends beyond the approach, as these attackers often compromise legitimate contacts within a target’s network first and then use those trusted relationships as entry points. The patience and resources required suggest these aren’t individual bad actors, but organized operations with substantial backing. Technical Vulnerabilities and Human Error CN: What are some of the less obvious but dangerous mistakes individuals or businesses make that put their funds at risk? Gupta: One major issue is excessive platform trust. People assume that because a dApp looks slick or a Telegram bot has thousands of users, it must be safe. Another is poor key compartmentalization. Teams often store keys in shared environments like cloud folders or message threads. Businesses also overlook decentralized approval flows: if one person can sign large transactions, you’re just one social hack away from a breach. The decentralized nature of crypto means there’s no customer service department to call when things go wrong. This finality demands a completely different security mindset than traditional finance, but many users haven’t adapted their behaviors accordingly. CN: SIM-swap attacks remain a terrifyingly effective method. Can you break down how a SIM-swap can lead to a full asset drain? Gupta: In a SIM-swap, attackers convince a telecom provider to transfer your number to a SIM they control. From there, they intercept 2FA codes, reset email passwords, and gain access to exchange accounts. Within minutes, they can drain wallets, liquidate NFTs, or even use saved cards to steal fiat. To protect against this, one should use hardware security keys, avoid SMS-based 2FA, and set up a separate device/email for financial operations that isn’t tied to public contact points. The speed of a SIM-swap attack is what makes it so devastating in crypto. Unlike traditional finance, where there might be fraud detection systems or transaction delays, crypto moves at the speed of the blockchain, usually within minutes or even seconds. Building Scam-Resistant Behaviors CN: When looking at crypto scam victims, what’s more often the root cause: technical gaps or human error? Gupta: It’s usually human error that opens the door and technical gaps widen it. Think of it as a chain: an emotional decision leads to a click, then poor architecture (like no withdrawal whitelist) lets funds leave instantly. Human behavior is the spark, and weak security design is the accelerant. The most effective scam prevention needs to address both: behavioral hygiene and technical barriers. This is why education is emphasized alongside other technical solutions. You can build the most sophisticated security system, but if a user willingly provides their private keys because they trust a convincing impersonator, no technology can protect them. CN: What tools should users look for to detect early signs of social engineering or potential scams? Gupta: We recommend tools that analyze behavioral anomalies — for example, extensions that flag new domains mimicking existing dApps, or wallets that show risk scores on new token contracts. Also, always look for inconsistencies: slightly off URLs, urgency in language, or unexpected account activity. And most importantly: no tool replaces pause and verification. Slow is safe in crypto. The crypto industry needs to develop better user experience patterns that naturally encourage verification without being overly cumbersome. The current state often forces users to choose between security and convenience, which is a losing proposition. The Ultimate Defense Against Crypto Fraud CN: If you could install one reflex in every crypto holder’s brain to make them scam-proof, what would it be? Gupta: Assume every unsolicited message is a potential attack. That mental shift alone filters out 80% of threat vectors. If someone reaches out with urgency, secrecy, or flattery — stop. Your best defense is deliberate doubt. The crypto space moves fast, but your money doesn’t have to. The few minutes you spend verifying a request could save you from losing everything you’ve worked to build in this space. About Navin Gupta Navin Gupta has been the CEO of Crystal since early 2024. He is a seasoned international executive with over 23 years of leadership experience in fintech and financial services. Prior to joining Crystal, Navin held key roles including Vice President at Citigroup, Head of Growth at HSBC, and Managing Director at Ripple.

Author: CryptoNews

2025/06/24

Texas passes SB1498 allowing seizure of digital assets tied to crimes

Texas passes SB1498 allowing seizure of digital assets tied to crimes

Texas has passed a law granting law enforcement the authority to seize digital assets, with the measure set to take effect on Sept. 1. On June 20, Texas lawmakers passed Senate Bill 1498, a bipartisan law that gives law enforcement…

Author: Crypto.news

2025/06/24

Democrats unveil COIN Act to block Trump and public officials from profiting off crypto

Democrats unveil COIN Act to block Trump and public officials from profiting off crypto

Democratic lawmakers have proposed legislation that seeks to block U.S. public officials, including the President, from profiting off digital assets during and after their time in office. Dubbed the Curbing Officials’ Income and Nondisclosure, or COIN, Act, the legislation came…

Author: Crypto.news

2025/06/24

Multi-dimensional comparison: Sui Ecosystem Walrus and Irys data competition

Multi-dimensional comparison: Sui Ecosystem Walrus and Irys data competition

Author: Ponyo Compiled by: Sui Network Summary of key points ? Architecture: Irys is a fully-featured, all-in-one Layer 1 “datachain” that provides native blob access to contracts, but requires a

Author: PANews

2025/06/24

Recommended by active authors

BitcoinEthereumNews
BitcoinEthereumNews
3702Articles
Blockchainreporter
Blockchainreporter
1002Articles
Coinstats
Coinstats
975Articles
Coindoo
Coindoo
881Articles

Related Tags

#Oracle#Brifge#Yield-Farming#Basis-Trading#Prediction-Market#Launchpad#Liquid-Staking#Lending#DePIN

Latest Articles

ZTO Announces Proposed Offering of US$1.5 Billion Convertible Senior Notes

ZTO Announces Proposed Offering of US$1.5 Billion Convertible Senior Notes

2026/02/04 16:45
XRP Price Forecast: After the $1.58 Black Saturday Flash Crash, Can Ripple Still Recover amid Competition From This New Crypto?

XRP Price Forecast: After the $1.58 Black Saturday Flash Crash, Can Ripple Still Recover amid Competition From This New Crypto?

2026/02/04 16:38
Meet Your AI Personal Fitness Trainer: The Future of Workouts

Meet Your AI Personal Fitness Trainer: The Future of Workouts

2026/02/04 16:12
‘Final’ Bitcoin Bull Market Is Coming, Says Analyst Michaël Van De Poppe – Here’s His Timeline

‘Final’ Bitcoin Bull Market Is Coming, Says Analyst Michaël Van De Poppe – Here’s His Timeline

2026/02/04 16:04
SHIB Price Prediction: Mixed Signals Point to $0.0000085 Target by February End

SHIB Price Prediction: Mixed Signals Point to $0.0000085 Target by February End

2026/02/04 16:04