Investigators have frozen about $1.2 million as efforts continue to trace funds lost in a wallet breach linked to a seed phrase compromise. Bo Shen, the co-founder of venture capital firm Fenbushi Capital, offered a bounty to recover about $42 million in digital assets stolen from his personal wallet in a 2022 hack. Shen said … Read more
The UK government is advancing plans for a moratorium on political donations made through cryptocurrencies, following an independent review and pressure from multiple high-ranking politicians. Cointelegraph reported on Wednesday that the Rycroft Review, an independent inquiry into foreign financial interference in the UK’s political and electoral systems, recommended a moratorium on crypto donations to political … Read more
Bitcoin Depot has named the former CEO of payments giant MoneyGram as its new boss amid mounting regulatory pressure from US states over crypto ATM’s use in scams and money laundering. The company said on Tuesday that Scott Buchanan had immediately stepped down as CEO, a role he served in for less than three months … Read more
Key takeaways: Over 90% of Bitcoin call options may expire worthless if the price fails to break above $71,000 by Friday. Traders fear rising inflation and worsening credit conditions as the US and Israel-Iran war continues. Bitcoin (BTC) has been stuck in a narrow range between $67,700 and $71,600 over the past week, closely following … Read more
Ether’s (ETH) liquid supply on the Ethereum network continues to tighten, with exchange netflows, rising staking participation, and declining exchange reserves all pointing to a shrinking pool of readily available tokens. Analysts suggest this supply contraction may mark the early stages of a “new phase,” potentially establishing a stronger structural price floor for ETH in … Read more
US President Donald Trump announced the appointment of 13 members from the crypto, blockchain, AI, and technology industries to his Council of Advisors on Science and Technology, re-established by executive order in January 2025. In a Wednesday notice, the White House said that the council would include Meta CEO Mark Zuckerberg, Coinbase co-founder Fred Ehrsam, … Read more
Opinion by: Joshua Kim, CEO and founder of DonaFi. Traditional crowdfunding has always been pitched as a lifeline for creators. For non-fungible token (NFT) artists, most centralized models feel out of sync with reality. Fees are high, visibility is inconsistent and platforms increasingly optimize for momentum rather than need. During a market downturn, when liquidity … Read more
European Central Bank Executive Board member Piero Cipollone said on Tuesday that the ECB expects by this summer to announce the European standards it will use for a potential digital euro, a step aimed at helping payment providers and merchants prepare their systems ahead of any issuance decision. Cipollone told European Union lawmakers that, once … Read more
A magistrate court in Thane, India, has granted bail to CoinDCX co-founders Sumit Surendra Gupta and Niraj Ashok Khandelwal, ruling that no prima facie case was made out against them in a 71 lakh Indian rupees ($75,000) cheating complaint linked to a fake trading platform posing as the Indian crypto exchange. The court’s common order … Read more
Irish national police say they have cracked one of 12 Bitcoin wallets linked to a convicted drug dealer, years after they were confiscated and their access codes were thought to be gone forever. Ireland’s Criminal Assets Bureau (CAB) said in a statement on Tuesday that it had “gained access to and seized a cryptocurrency wallet” … Read more