Eric Council Jr., 26, of Athens, Alabama, has been sentenced to 14 months in federal prison for his involvement in a cybercrime conspiracy. The case involved the hacking of the U.S. Securities and Exchange Commission’s (SEC) official X (formerly Twitter) account. Eric Council Jr Sentenced to 14 Months According to a statement from federal authorities, Eric Council Jr conspired with others to gain access to the US SEC’s X account by carrying out a SIM swap. On January 9, 2024, a false post was published from the account, falsely claiming the SEC had approved Bitcoin Exchange Traded Funds (ETFs). Bitcoin’s price rose quickly by more than $1,000 before falling after the SEC confirmed the post was not legitimate. Eric Council Jr pleaded guilty in February 2025 to conspiracy to commit aggravated identity theft. U.S. District Judge Amy Berman Jackson sentenced him to 14 months in prison, ordered the forfeiture of… Read More at Coingape.com
A critical vulnerability in the Mobius Token (MBU) smart contract on BNB Smart Chain has led to a $2.15 million loss, adding to the growing list of crypto-related exploits in 2025. Mobius is a lesser-known project within the BNB ecosystem.
The attack, confirmed by Web3 security firm Cyvers on May 11, involved a malicious hacker who took advantage of a flaw in the MBU minting mechanism.
Mobius Attacker Moves Fund Through Tornado Cash
According to Cyvers, the incident began at 07:31 UTC when a wallet (0xB32A5) deployed a rogue contract. Just two minutes later, another address (0x631adf) initiated a series of suspicious transactions.
Using only 0.001 BNB, the attacker minted 9.73 quadrillion MBU tokens and quickly exchanged them for stablecoins, netting $2.15 million. In the same process, the attacker also gained an additional 28.5 million MBU tokens.
Mobius Attacker Fund Flow Through Tornado Cash. Source: Cyvers
The method and speed of the exploit point to a calculated move to evade tracking and asset recovery. This incident further highlights the persistent vulnerabilities facing smart contract-based systems.
Despite isolated incidents like the Mobius breach, BNB Chain is witnessing a significant resurgence in user and developer activity. Over the past months, the network has reemerged as a top contender in the DeFi space.
Data from DefiLlama shows that the total value locked (TVL) on BNB Chain has surpassed $10 billion, reaching a three-year high. However, it is still significantly below the 2021 all-time high of more than $40 billion.
Market observers noted that the network’s growth is fueled by fresh institutional interest, an increase in DeFi participation, and strong demand for on-chain assets.
Nvidia briefly surpassed a $4 trillion market cap, spotlighting the booming AI-GPU narrative that’s rippling into crypto.
AI-linked tokens like Render, ASI, Aethir, Jasmy, and FET are leveraging Nvidia’s GPU stack for real-world utility in 3D rendering, decentralized AI, and smart environments.
Render integrated Nvidia’s Omniverse; ASI completed its major token merger; and Aethir reported record GPU usage metrics in June.
JasmyCoin is building a Layer-2 metaverse chain using Nvidia edge chips, while FET is testing resistance after reclaiming key moving averages.
As Nvidia’s influence expands, these Nvidia-native altcoins are emerging as strong long-term bets in the AI + Web3 space.
Nvidia recently made headlines by briefly surpassing a $4 trillion market cap, underscoring its dominance in AI-driven GPU computing. The ripple effect is already being felt in the crypto space, where a new class of Nvidia-aligned tokens—from GPU rendering to AI data infrastructure—is riding this momentum.
Here are five standout tokens that directly tap into Nvidia’s tech or narrative. These aren’t speculative plays—they’re at the intersection of high-performance compute, decentralized AI, and immersive Web3 experiences.
Render (RNDR) – Gearing Up for Breakout as Nvidia Synergy Deepens
Render Network (RNDR) is emerging as a top AI-GPU play, leveraging Nvidia’s RTX and H100 chips to power decentralized 3D rendering and AI workloads. The project recently integrated with Nvidia Omniverse, enabling real-time collaborative 3D creation within spatial computing environments.
Looking ahead, Render founder Jules Urbach is expected to unveil support for RTX 5090 and Blackwell-class GPUs at GTC 2025—further aligning the network with Nvidia’s roadmap.
RNDR is trading above its 20/50 EMAs and forming higher lows near a resistance zone at $3.40–$3.45. A daily close above this level could unlock targets at $3.87 and $4.44 (100 & 200 EMAs). RSI is above 52.5, with MACD signaling bullish continuation. Support rests around $3.20–$3.27.
The ASI ecosystem, uniting Fetch.ai, SingularityNET, and Ocean Protocol, uses Nvidia GPUs like RTX and H100 to power deep-learning model training, inference engines, and decentralized AI agents.
These chips enable real-time, scalable AI critical to ASI’s mission of building decentralized superintelligence.
Nvidia’s GPU infrastructure is key to deploying smart agents in logistics, DeFi, and mobility. With the ASI merger now complete, the alliance is rolling out superintelligence protocols backed by Nvidia hardware.
Developers are also exploring tighter integration with CUDA and Omniverse tools to enable training in 3D environments.
FET, ASI’s main token, trades at $0.7039 (+3.3%), reclaiming the 50-day EMA and eyeing a breakout above $0.7222.
If confirmed, upside targets include $0.8243 and $1.00. RSI is rebounding toward 52, BBP is green, and volume delta shows bullish divergence.
Aethir (ATH) – Nvidia-Aligned GPU Cloud Hits New Usage Milestone
Aethir is gaining attention as one of the most Nvidia-native projects in crypto. According to its June recap, Aethir deployed 432K GPU containers, logged over 899M compute hours, and generated $141M+ in annualized revenue—marking its strongest month yet.
Backed by Nvidia-certified A100/H100 infrastructure, Aethir powers decentralized GPU leasing for AI, gaming, and metaverse builders.
The network also processed 1.33M on-chain transactions in June, distributing 5.49B ATH in usage rewards (source: Aethir Blog).
ATH Price is trading at $0.0275, bouncing off its July low of $0.023. While it hasn’t reclaimed major EMAs, it’s forming a bullish base with higher lows. A move above $0.030 could open the way to $0.036 and $0.044.
JasmyCoin (JASMY) – Privacy Layer for Smart Devices & AI Metaverse
JasmyCoin is positioning itself at the edge of IoT, AI, and privacy—backed by Nvidia’s low-emission GPU hardware. According to its 2025 roadmap on Binance, Jasmy is building JANCTION, a Layer-2 chain to execute encrypted data from smart environments using Nvidia’s latest AI edge chips.
The platform is also collaborating with Panasonic for gaming and smart home integrations and was recently spotlighted by Binance Square and Yahoo Japan.
JASMY is trading at $0.01305, climbing from support at $0.01200. The token is testing the 20-day EMA near $0.01372.
A breakout could drive price to $0.01450–$0.01500, with further upside to $0.01600. RSI is climbing from oversold territory, showing early momentum.
Conclusion: Nvidia Is Rewriting the Crypto-AI Playbook
Nvidia’s historic $4T market cap surge is more than just a Wall Street headline—it’s fueling momentum across GPU-native crypto projects. Tokens like Render, ASI, Aethir, and Jasmy aren’t just riding hype—they’re powered by real Nvidia tech and solving real AI and compute problems. As Nvidia continues to push the limits of AI infrastructure, these coins are quietly aligning for potential breakout moves. In a market where narrative meets utility, these tokens could stay in focus well into 2025.
The post Top Coins To Buy And HODL As Nvidia Briefly Surpasses $4T Market Cap appeared first on Coinpedia Fintech News
Nvidia briefly surpassed a $4 trillion market cap, spotlighting the booming AI-GPU narrative that’s rippling into crypto. AI-linked tokens like Render, ASI, Aethir, Jasmy, and FET are leveraging Nvidia’s GPU stack for real-world utility in 3D rendering, decentralized AI, and smart environments. Render integrated Nvidia’s Omniverse; ASI completed its major token merger; and Aethir reported …
If you’re a crypto user living in the EU or planning to use European crypto platforms, big changes are coming. The European Union has passed a powerful new law, the Anti-Money Laundering Regulation (AMLR), which will change how crypto works in Europe starting July 1, 2027. Meanwhile, anonymous wallets or privacy-focused coins will be banned completely.
Here is the list of coins, check if you hold any. If you do, here’s what you might need to consider next.
No More Anonymous Crypto or Privacy Coins
The days of anonymous crypto accounts are nearing an end, as the European Union takes a firm step toward tighter oversight. This major change is part of the EU’s new Anti-Money Laundering Regulation (AMLR), which aims to stop illegal activity by making all crypto transactions traceable.
In addition to banning anonymous accounts, the regulation includes a direct ban on tokens that enhance privacy and obscure transactions. Meanwhile, any crypto transaction over €1,000 will now require full ID verification.
No matter what platform you use, bank, app, or crypto exchange, you’ll need to complete full KYC (Know Your Customer) checks to use their services
List of Coins Which Are Banned
The EU’s new rules will make it illegal for crypto platforms to list or support privacy coins. This includes popular tokens like Monero (XMR), Zcash (ZEC), and Dash (DASH) — all known for hiding user transactions.
If you currently hold any of these coins, you’ll need to plan and explore your options before the ban takes effect in July 2027.
Meet AMLA – The New Crypto Watchdog
To make sure these rules are followed, the EU is setting up a brand-new authority called AMLA (Anti-Money Laundering Authority). Starting in 2027, AMLA will directly oversee larger crypto platforms that operate in at least six EU countries. Around 40 major players are expected to be selected for direct monitoring.
Companies handling over €50 million in transactions or serving more than 20,000 customers in a single country will fall under this watch.
What Should Crypto Users Do Now?
If you’re using platforms that offer anonymous services or privacy coins, it’s time to start planning ahead. Over the next two years, crypto firms will begin making changes to follow these new rules.
The post EU Crypto Regulation to Ban Privacy Coins – Are You Affected? appeared first on Coinpedia Fintech News
If you’re a crypto user living in the EU or planning to use European crypto platforms, big changes are coming. The European Union has passed a powerful new law, the Anti-Money Laundering Regulation (AMLR), which will change how crypto works in Europe starting July 1, 2027. Meanwhile, anonymous wallets or privacy-focused coins will be banned …
