What Happened in Crypto Today: Binance, Coinbase, Bonk & Market Moves

What happened in the crypto market today?

Today, the crypto market is showing a calm vibe as the Fear & Greed Index sits at 53 that is signaling a neutral sentiment. This means that the traders and investors are neither overly worried nor extremely excited.

Source: Alternative me

Compared to last week’s 49, confidence has slightly improved, though it’s still far from the “greed” level of 60 seen last month. Overall, the market seems stable, with no big panic suggesting a cautious but steady trading environment for Bitcoin and other major cryptocurrencies.

Know the latest trends of Crypto, happened today!

India Makes Crypto Cyber Security Audits Mandatory

The Indian government has taken a bold step towards crypto cyber security audit , now all cryptocurrency exchanges are required to undergo mandatory Crypto-Cyber Security Audits to prevent hacks and frauds. Exchanges must register with the Financial Intelligence Unit and keep customer data for five years, coordinating with CERT.

Recent major breaches include WazirX’s  $234.9M, CoinDCX’s $44.2M and Nebilo Technologies $46.08M. This move is to improve user safety, boost investor confidence and filter out weak exchanges, though smaller firms may face higher costs and extra paperwork.

Coinbase $400M Hack Linked to Insider Fraud

A $400 million Coinbase hack involved an insider, Ashita Mishra , a former TaskUs employee in India who accepted bribes to access internal systems. Over 69,000 customers’ data was compromised with the insider allegedly taking up to 200 screenshots daily, earning $200 per image.

Source: X

The cyber attack happened in December 2024 but surfaced in May 2025. Hackers demanded $20M in Bitcoin though no passwords, private keys or funds were exposed. TaskUs fired 300+ staff but initially downplayed the breach which is prompting legal action for negligence and fraud.

UK-US Strengthen Crypto Collaboration on Stablecoins and Safety

The UK and US are planning closer cooperation on cryptocurrency rules that are focusing on stablecoins, market safety and consumer protection. Talks during President Trump’s UK visit involved UK Chancellor Rachel Reeves and US Treasury official Scott Bessent that are aiming to  adjust regulations, share data and prevent crypto-misuse.

Source: X

Firms like Coinbase and Circle support a shared regulatory sandbox. The joint approach could set common standards for reserves, audits and consumer safeguards and help British and US crypto-companies operate safely and attract more investment.

Binance Ex-CEO CZ Sparks Comeback Rumors as BNB Hits $950

Changpeng Zhao (CZ), former Binance CEO, has updated his X profile from “Ex-@binance” to “@binance,” fueling speculation of a return. BNB reached a new all-time high of $950 with a $3.35B trading volume and $132B market cap coinciding with CZ’s activity.

Source: WuBlockchain

The exchange is negotiating with the US DOJ to remove its three-year compliance monitor. CZ’s reappearance hints at renewed influence on innovation, compliance and market strategy and positioning Binance to strengthen dominance and compete aggressively in crypto markets.

Tuttle Capital’s Bonk ETF Sparks Meme Coin Price Surge

Tuttle Capital filed the Bonk Income Blast ETF , alongside Litecoin and SUI Income Blast ETFs, giving investors exposure to meme coins without buying tokens directly. After the filing, Bonk price surged 2.22% to $0.00002361 with increased market chatter.

Source: Eric Balchunas

Analysts note ETF filings often boost demand even before SEC approval. Other issuers like REX Advisers and Osprey Funds are also filing meme coin ETFs. The move shows  potential short-term price spikes, increased visibility and regulatory tests for memecoin investing.

Conclusion

The crypto market stayed calm with neutral sentiment. Security updates, UK-US stablecoin talks, Binance activity, and meme coin surges kept investors alert, showing steady trading alongside cautious optimism.