In today's crypto news, US President Donald Trump avoided questions regarding whether he would divest from his family's crypto ventures amid pressure over crypto legislation. Trump argued that the US's dominance in the crypto industry is vital to countering China's influence. In another development, Across Protocol founders faced accusations of misusing $23 million in funds to benefit their for-profit entity, Risk Labs. Founders denied these claims, asserting that Risk Labs operates as a nonprofit. Additionally, a report from TRM Labs highlighted that infrastructure attacks, particularly those targeting private wallet keys, have led to record losses in the first half of 2025, surpassing losses from all of 2024. These breaches, particularly a significant hack linked to North Korea, emphasize increasing vulnerabilities in the digital asset sector and call for collaborative responses from global authorities to mitigate future threats.

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