Daily News: 16 Billion Historical Data Breach Confirmed, X to Integrate Trading and Investing Services, Bitcoin Transaction Volume Hits 18-Month Low, and More

16 Billion Largest Data Breach in History with 16 Billion Login Credentials Exposed, Affecting Apple, Google, Facebook, Telegram, etc.

Cybersecurity researchers confirm the largest data breach in history, exposing approximately 16 billion login credentials, including passwords. The Cybernews research team began investigating earlier this year and uncovered 30 exposed datasets, each containing tens of millions to over 3.5 billion records.

The leaked data includes user account information from social media, VPNs, developer platforms, and all major tech providers such as Apple, Facebook, and Google. Researchers warn that this is not just a breach but a "blueprint for massive attacks," laying the groundwork for phishing and account takeover schemes.

Security experts urge users to take immediate action: change account passwords, use a password manager, enable multi-factor authentication wherever possible, and consider switching to more secure passwordless login methods. Darren Guccione, CEO of Keeper Security, emphasized that this incident highlights the risks of sensitive data being unintentionally exposed online and underscores the importance of strong password management.

President Trump Calls Fed Chair Powell 'One of The Dumbest', Urging for Rate Cut

On Jun 19, Trump criticized Federal Reserve Chairman Jerome Powell on social media, calling him the "WORST" and a "dummy" who is causing the U.S. to lose billions of dollars. In his post, Trump shared an article suggesting that Powell should either lower interest rates or resign, as urged by Fannie Mae and Freddie Mac regulators.

X to Integrate Trading and Investing Services with Social Media

X is set to introduce investment and trading services, expanding its financial offerings as part of its vision to become an all-encompassing app. Explores digital wallets and partnerships with Visa, X plans to launch X Money, a peer-to-peer digital wallet service, allowing users to link debit cards and manage personal savings. The platform aims to create a comprehensive commerce and financial ecosystem, debuting in the US before expanding globally, with possibilities of launching X-branded credit or debit cards later this year.

Russian Government Pushes for Crypto Mining Registration

The Russian government began enforcing crypto mining regulations in late 2024, requiring mining businesses to register with the Federal Tax Service. Despite these efforts, only 30% of miners have complied, leaving 70% operating illegally. Authorities pledge to intensify registration efforts and may impose stricter penalties, including fines up to 2 million rubles ($25,500). Enforcement actions have already targeted illegal mining operations, such as a recent raid in Rostov, highlighting challenges in fully legalizing crypto mining in Russia.

Chinese Court Explores Virtual Currency Disposal Mechanisms

The Guangdong Shenzhen Intermediate People's Court proposed mechanisms for handling virtual currency in judicial cases, emphasizing its property attributes. The court suggested exploring compliant liquidation through licensed platforms in jurisdictions like Hong Kong, under the supervision of regulatory bodies such as the People's Bank of China. Additionally, for cryptocurrencies used in crimes and posing threats to national security, the court recommended sending them to "black hole addresses" for permanent destruction, removing them from circulation.

Chinese E-commerce Giant JD.com Tests Stablecoin in Hong Kong Monetary Authority Sandbox

JD.com is testing a compliance-focused stablecoin pegged to the Hong Kong dollar and other currencies within the Hong Kong Monetary Authority's sandbox. The stablecoin, expected to launch in Q4 2025, aims to support cross-border trade by ensuring regulatory compliance, security, and auditability. Initially, it will facilitate settlement for JD Global Sales in Hong Kong and Macau, with issuance data available publicly on a blockchain.

Sol Strategies Submits Nasdaq Listing Application

Sol Strategies submits an application to the U.S. Securities and Exchange Commission to trade on Nasdaq under the stock code "STKE." The company, currently listed on the Canadian Securities Exchange, has been accumulating SOL as financial assets and operating Solana validators, with holdings exceeding 420,000 coins.

Lion Group Holding Secures $600 Million for Treasury Strategy

Lion Group Holding secures funding of $600 million to launch its HYPE treasury strategy. The Nasdaq-listed company plans to adopt HYPE as its primary reserve asset and collaborate with SOL and SUI to develop the next-generation Layer-1 treasury.

Bitcoin Transaction Volume Drops to 18-Month Low as Runes and Ordinals Hype Fades

The Block reports that Bitcoin network transaction activity has declined to its lowest level in 18 months, with the 7-day moving average transaction volume dropping to 316,000 transactions last week, before slightly recovering to around 350,000. This figure contrasts sharply with the daily 700,000 transactions seen during the mid-2024 peak of Bitcoin native protocol applications.

The sharp decline in transaction volume reflects the cooling of speculative activity surrounding Bitcoin native protocols like Runes and Ordinals. These protocols, which once brought Ethereum-like application functionality to Bitcoin, have gradually faded from mainstream attention as traders shift their interest to blockchain ecosystems more natively suited to such activities.

Public Companies Hold Over 768,500 Bitcoins Worth $82 Billion

Bitcoin Magazine Pro reported that listed companies have accumulated over 768,500 Bitcoins in their treasury reserves, with a total value exceeding $82 billion as of June 19, 2025. This highlights the growing institutional adoption of Bitcoin as a strategic asset, showcasing its significant role in corporate financial strategies.

Binance Wallet Announces Exclusive LOT Token TGE Event

Binance Wallet announces an exclusive TGE event for the LOT token, scheduled for June 20. The subscription period will run from 4:00 PM to 6:00 PM (UTC+8), and eligible users must use Binance Alpha Points to participate. An additional 40,000,000 LOT tokens will be allocated for future activities, with further details to be announced later.

CZ Advocates for "Will Function" on All Platforms

CZ advocates for a "will function" on all platforms, emphasizing the importance of allowing users to distribute assets to designated accounts after their passing. He suggested that regulatory frameworks should permit minors to hold accounts for receiving funds. CZ highlighted Binance's recently launched emergency contact and inheritance features, describing them as essential for all platform users.

Alchemy Pay Advances Stablecoin Ecosystem with Alchemy Chain Launch

Alchemy Pay expands its role in the global financial ecosystem by developing Alchemy Chain, a blockchain tailored for stablecoin payments, set to launch in Q4 2025. The platform will enable seamless conversion between global and local stablecoins, aggregating liquidity across jurisdictions. With its upcoming stablecoin release, Alchemy Pay aims to establish itself as a key infrastructure provider for compliant, cross-border financial operations, aligning with evolving global stablecoin regulations.

MinionLab Releases New Update for Enhanced Experience

MinionLab releases a new update featuring a refreshed interface and improved performance. The desktop version (v0.1.13) introduces a redesigned UI, performance optimizations, and updates such as Epoch Rankings and Referral Status. Additionally, it now supports integration with Solana wallets, marking MinionLab's official entry into the Solana ecosystem to unlock new opportunities for users. The update is now available for download.

Telegram Founder Writes Will to Distribute $17.1 Billion to 6 Children and 100 Sperm-Donor Offspring

The New York Post reports that Telegram founder Pavel Durov has revealed he has written a will to allocate his $17.1 billion fortune among his six biological children and 100 children conceived through sperm donation. Durov stated that all children will have equal inheritance rights, but the funds will only be accessible 30 years from now.