This week in the world of cryptocurrency, significant developments took place, marked by regulatory progress and security violations. President Donald Trump signed the law on engineering, a historic decision aims to establish a complete framework for stablecoins and other digital assets. This legislation should give clarity and stability to cryptographic industry, promoting innovation while ensuring consumer protection. The Act on Engineering is a significant step in the American regulatory landscape, positioning the country as a world market leader in cryptography.
The signing of the Act on Engineering is a pivotal moment for the American cryptography industry. By providing a clear regulatory framework, legislation aims to attract more investments and innovation, potentially leading to the development of new financial products and services. This could also encourage other countries to adopt similar regulations, promoting a world market for more cohesive cryptography. The emphasis on the Stablecoins law is particularly remarkable, because these digital assets have gained significant traction in recent years because of their stability and their usefulness in transactions.
However, the week was not without challenges. Bigone, an eminent cryptocurrency exchange, was the victim of hacking, causing a 27 million dollars flight in digital assets. This incident highlights the current security risks in the cryptographic space and underlines the need to improve security measures to protect investors and their assets. The Bigone breach recalls that if industry continues to grow, the threats it is confronted.
Bigone hacking raises concerns about the safety of cryptocurrency exchanges. Despite progress in technology and security protocols, exchanges remain vulnerable to cyber attacks. This incident highlights the importance of robust security measures and the need for exchanges to continuously update their defenses against the evolution of threats. The cryptographic community must remain vigilant and proactive to meet the challenges of security to maintain confidence and confidence in industry.
In addition to regulatory and security developments, Crypto World has seen other notable events. GRVT, a decentralized finance platform (DEFI), has launched “strategies”, a peer market (P2P) where users can allocate capital to investment and trading strategies organized by professionals managed by high-level professionals. This innovation aims to democratize access to sophisticated investment strategies, which makes them available to everyday users.
BTCC, one of the longest cryptocurrency exchanges on a global scale, published its proof of proof of reserve of July 2025 (POR), revealing a global reserve report of 132%. This marks the fourth consecutive month during which the exchange maintained the reserves far above the complete coverage, demonstrating its commitment to transparency and security. The POR report is a crucial indicator of the financial health of an exchange and its ability to comply with its obligations towards users.
Web3 undergoes a privacy revolution motivated by companies developing evolving and friendly encryption solutions. These solutions aim to allow an activity of private onchain, secure and in accordance with decentralized applications, resolving one of the main challenges of the adoption of blockchain technology. This development is important because it opens the way to a more widespread use of blockchain in various industries, from finance to health care.
Roxom has unveiled plans to launch what he describes as the first capital market platform labeled by Bitcoin in the world, combining both spot trading and derivatives. This platform aims to provide a complete commercial environment for Bitcoin, aimed at retail and institutional investors. The launch of such a platform could integrate Bitcoin more into the consumer public financial system, improving its usefulness and acceptance.
While Crypto holds the revolutionary potential in finance, mass adoption depends on facilitating it, seamless and friendly enough to meet the daily needs of consumer users. This week’s developments, including the launch of new investment strategies and the emphasis on confidentiality and security, are stages in the right direction. However, the industry must continue to innovate and adapt to overcome the challenges it faces, ensuring a lasting and prosperous future for cryptocurrencies.
In conclusion, the signing of the law on engineering and hacking in Bigone represent two contrasting aspects of the world of cryptography: progress and the challenge. While regulatory progress paves the way for growth and innovation, security violations recall the risks in progress. The industry must continue to evolve, balancing the need for regulation with the imperative of security to ensure a lasting and prosperous future for cryptocurrencies.
