A recent violent home invasion in Arizona highlights how crypto theft is moving from online exploits to physical attacks. Two high school students from California now face felony charges after allegedly traveling hundreds of miles to target a Scottsdale family they believed…
Is Brazil algorithmic stablecoin ban worth 90% market impact?
Brazil is advancing new rules that would sharply restrict algorithmic stablecoins and reshape how the country regulates cryptocurrencies tied to fiat money. A congressional committee has backed legislation that sets strict backing, transparency, and criminal liability standards for issuers, while also imposing…
Bithumb To Fund $9 Million Loss and 10% User Compensation?
South Korean cryptocurrency exchange bithumb is under scrutiny after a major payout mistake during a promotional event led to tens of billions of Korean won being sent in Bitcoin instead of small cash rewards. The company has pledged to absorb $9…
How did $24.9 million vanish from U.S. Marshals Service wallets?
In early 2024, a hacker drained roughly $24.9 million in cryptocurrency from wallets overseen by the U.S. Marshals Service, prompting scrutiny of how the agency manages digital assets. The breach, which targeted government-controlled wallets linked to a newly created federal bitcoin…
Did Bithumb glitch push Bitcoin to $55k on its exchange?
South Korean cryptocurrency exchange Bithumb reported that a system malfunction during a promotional payout on Friday caused an unintended allocation of Bitcoin to some customers, briefly sending prices on its platform sharply lower. The company said the incident stemmed from a configuration error…
Is China banning all yuan stablecoins and offshore tokens?
China moved on Friday to reinforce its long-standing opposition to private digital currencies, unveiling new measures aimed at tightening control over virtual assets and yuan-linked stablecoins. The latest announcement, published on the central bank’s website, reiterates that cryptocurrency-related business remains outlawed,…
Can a 14% weekly drop in Bitcoin reset expectations for 2025?
Bitcoin climbed back above $65,000Â on Friday, recovering part of its recent losses as the rout in global technology shares appeared to ease. The move came at the end of a bruising week for cryptocurrencies, which have been under sustained pressure…
Did Step Finance Treasury Wallets Hack Trigger $30M SOL Loss?
Step Finance treasury wallets were at the center of a major security incident during Asian Pacific trading hours, as the Solana-based DeFi platform confirmed a sophisticated attacker drained a substantial portion of its on-chain holdings. Around 261,854 SOL, valued at…
Does Coinbase face $100 million risk from Nevada regulators?
A Nevada judge has declined a request from state regulators for an emergency order to immediately shut down a new prediction market product offered by Coinbase, giving the exchange more time to argue that its listings fall under federal, not…
Does Congress see risk in the $500 million UAE crypto stake?
A new dispute in Washington is drawing attention to how foreign money interacts with politically connected crypto ventures, with Congress now examining a $500 million investment tied to a member of the United Arab Emirates royal family. The funding, directed…