Another week, another recap! Missed some news or unsure about the most important stories from the past week? Don’t worry, we’ve got you covered:
RAK Properties Opens Doors to Crypto Millionaires. RAK Properties is now accepting crypto payments for real estate in Ras Al Khaimah, targeting wealthy investors from the digital asset world.
Small Team, Massive Impact: Hyperliquid Hits $106M. Hyperliquid, a decentralized exchange with no VC backing, surpassed $100M in daily trading volume — run by just 11 people.
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Venus Protocol User Loses $27M in Phishing Scam. A user of Venus Protocol lost $27 million after falling for a phishing attack, once again raising alarms about wallet security.
Trump Family’s Crypto Venture Burns Millions of Tokens in Desperate Price Defense. The “Trump-themed” crypto token saw millions of tokens burned in an effort to hold price support amid declining investor interest.
Life Sentences Handed Down in Police-Led Bitcoin Extortion Plot. Two men in India received life sentences for kidnapping and extorting Bitcoin, with police uncovering a brutal crypto-linked crime ring.
This week highlights both the promise and peril of crypto. While UAE real estate and small DeFi teams break new ground, scams, token dramas, and crypto-fueled crime continue to test trust in the ecosystem.
