Leon Okwatch

Dubai

Writer at Crypto News

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Articles

Fake Aave ads appear on top of Google search results

1 week ago | crypto.news | Leon Okwatch

Share A new phishing campaign is targeting cryptocurrency users by impersonating Aave, one of the most widely used decentralized finance platforms. On June 20, web3 security firm Scam Sniffer issued a warning that fake Aave (AAVE) ads were appearing at the top of Google search results. These ads lead users to malicious websites intended to steal funds, tricking them into signing harmful transactions.
Bitcoin price could fall to $92K if demand keeps dropping

1 week ago | crypto.news | Leon Okwatch

Share Bitcoin’s price momentum appears to be losing steam as on-chain and market indicators suggest softening demand, raising the possibility of a deeper pullback. According to a June 19 article by CryptoQuant’s head of research Julio Moreno, the pace of Bitcoin (BTC) accumulation has notably slowed over the past few weeks following its rise toward an all-time high near $112,000 in May.
Alchemy Pay to launch stablecoin-focused blockchain in Q4

1 week ago | crypto.news | Leon Okwatch

Share Alchemy Pay has unveiled plans to launch a new blockchain purpose-built for stablecoin payments. According to a June 19 announcement from Alchemy Pay (ACH), the company plans to launch Alchemy Chain, a blockchain purpose-built for stablecoin payments, in the fourth quarter of 2025. The new network will facilitate smooth exchanges between local and international fiat-backed stablecoins.
Cardano joins Brave Wallet beta as ADA eyes recovery

1 week ago | crypto.news | Leon Okwatch

Share Cardano has quietly been added to the beta version of Brave Wallet, giving the blockchain protocol direct exposure to the browser’s 88 million monthly active users. The update was first spotted by a Cardano-focused X page on June 19, which shared a screenshot showing Cardano (ADA) live in the wallet interface.
Kraken launches Bitcoin staking through Babylon integration

1 week ago | crypto.news | Leon Okwatch

Share Kraken has introduced Bitcoin staking through Babylon integration, marking the exchange’s first offering that allows clients to earn yield on their BTC holdings without moving them off the Bitcoin blockchain. The announcement, published in a June 19 blog post, positions Kraken alongside a growing wave of institutions leveraging Babylon’s staking infrastructure.
Ethena Labs and Securitize enable 24/7 USDtb-BUIDL swaps

1 week ago | crypto.news | Leon Okwatch

Share For the first time, institutional and decentralized finance users can now swap between BlackRock’s tokenized U.S. Treasury fund, BUIDL, and Ethena’s USDtb stablecoin around the clock. The new capability, announced by Securitize on June 18, marks a step forward in connecting traditional finance with DeFi. It sets a new standard for how tokenized assets are accessed and composed on-chain.
Bitcoin’s dormant supply growth outpaces new issuance

1 week ago | crypto.news | Leon Okwatch

Share For the first time in Bitcoin’s history, the amount of BTC held dormant for a decade or more is now growing faster than the network is producing new coins. This shift, which began shortly after the April 2024 halving, marks a critical turning point in Bitcoin’s (BTC) supply dynamics, according to a June 18 report by Fidelity Digital Assets.
Altcoin season may delay as $36B outflow signals weak demand

1 week ago | crypto.news | Leon Okwatch

Share Despite Bitcoin’s recent climb above $110,000, altcoins remain stuck in a bearish rut, raising doubts about whether the long-awaited “altcoin season” will materialize anytime soon. According to a June 18 analysis by CryptoQuant contributor Burrakesmeci, one metric tells a compelling story. The 1–Year Cumulative Buy/Sell Quote Volume Difference for Altcoins, excluding Bitcoin (BTC) and Ethereum (ETH), now sits at –$36 billion.
Over $90M stolen from Iran’s Nobitex exchange burnt by hacker

1 week ago | crypto.news | Leon Okwatch

Share 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 the funds across multiple blockchains using “vanity addresses” that contain no recoverable private keys, effectively rendering the assets permanently inaccessible.
Circle stock surges 34% to $200 after GENIUS Act passes

1 week ago | crypto.news | Leon Okwatch

Share Circle’s stock surged 34% on June 18 to close at $199.59 after the GENIUS Act cleared the Senate. According to Yahoo Finance data, the stock briefly touched an all-time high of $200.90 before closing at $199.59. The move marked a nearly 6.5-fold increase from the company’s initial public offering price of $31 set two weeks earlier on June 5.