Crypto

Crypto news: Bitcoin, markets, regulation, exchanges and the projects behind them.

363 articles · page 2 of 8

Crypto

Chinese Prosecutors Seek Confiscation of 61,800 Bitcoin Tied to $5.7 Billion Fraud

Chinese prosecutors have moved to confiscate more than 61,800 Bitcoin and other assets linked to an alleged $5.7 billion Ponzi-like scheme that affected over 102,000 investors, with a Tianjin court accepting the request on October 13 and opening a six-month window for victims to participate. The case, centered on Tianjin Lantian Gree Electronic Technology and its alleged controller Qian Zhimin, has also drawn a UK High Court ruling that Chinese law should govern victims’ claims to the Bitcoin seized in Britain.

·2 min·2 sources
Crypto

Trump to Focus on Overseas Crypto Crime Crackdown at White House Event

President Donald Trump is set to spotlight his administration's efforts against overseas crypto-fueled criminal operations at a Wednesday White House event on cybercrime, a White House official said. The official said U.S. law enforcement has halted about $833 million in crypto connected to overseas scams and seized 503 fraudulent crypto websites under the Homeland Security Task Force, while also informing nearly 9,000 U.S. citizens they were being victimized.

·2 min·2 sources
Crypto

Tokenized stock trading surges overseas as Goldman Sachs, Microsoft object to US platform

Trading in tokenized stocks is booming in international markets, with volumes on Robinhood Chain rocketing from $526m in July to $11.31bn in September, even as a growing number of major US companies including Goldman Sachs, Microsoft and McDonald's object to having their shares tokenised on the OKXICE platform, a joint venture between crypto exchange OKX and Intercontinental Exchange.

·3 min·2 sources
Crypto

Token issuer tells SEC its safe harbor plan leaves exchanges afraid to list older coins

Crypto wallet backup firm Vault12 has warned the US Securities and Exchange Commission (SEC) that its proposed token safe harbor would leave exchanges unwilling to list tokens from older projects, using its own Vault Guardian Token (VGT) as proof. The company, which raised $17.45 million from 38 investors in 2018, said it has met or formally abandoned every commitment in its white paper, yet VGT has still never traded on a centralized exchange because listing venues fear a later regulatory challenge.

·2 min
Crypto

France proposes DeFi liability rules for crypto platforms in EU MiCA review

French authorities have proposed making crypto-asset service providers liable for certain decentralized finance (DeFi) incidents when platforms actively facilitated access, as part of a push to broaden the European Union's MiCA regulation. The proposals, submitted to a European Commission consultation, would require platforms to vet DeFi protocols, monitor them for vulnerabilities and support certification of protocols and smart contracts.

·3 min
Crypto

Wallets Tied to Drift Exploit Move $61 Million to Tornado Cash, Still Hold $198 Million in Ethereum

On Tuesday, wallets connected to the $295.7 million Drift Protocol exploit transferred 25,700 Ethereum, worth $61.56 million, to the mixing service Tornado Cash. Blockchain data from Arkham shows the attacker's 71 tracked addresses still hold 81,454 ETH valued at nearly $198 million. The April attack on Drift's Solana exchange was attributed to North Korean cyber group UNC6862. Meanwhile, victims have opened claims but are receiving about a penny for every dollar lost from a recovery pool containing roughly 3.1 million USDT.

·2 min
Crypto

NGRAVE users lose $2.65 million in phishing attack exploiting app notifications

A phishing attack targeting users of NGRAVE's LIQUID companion app resulted in approximately $2.65 million in losses across 84 cryptocurrency wallets on October 17, blockchain analytics firm Bitquery has reported. The attackers hijacked push notifications delivered through the app to trick users into handing over their recovery phrases, allowing them to recreate wallets and drain assets without accessing the physical hardware devices.

·2 min
Crypto

Kazakhstan court prohibits six crypto platforms including Coinbase and BingX

Kazakhstan’s Astana International Financial Centre court has issued injunctions prohibiting six cryptocurrency platforms from offering digital-asset services without licenses, according to the Astana Financial Services Authority (AFSA). The order, dated September 15, targets BingX, Bitcoin.com, Huobi Global, BitMart, Coinbase, and WEEX, with restrictions extended to app store operators Google and Apple. LBank was removed from the order after voluntarily blocking access in the country.

·2 min
Crypto

BlackRock files for third Bitcoin ETF with downside protection

BlackRock, the world’s largest asset manager, has filed a preliminary prospectus with the US Securities and Exchange Commission for a Bitcoin exchange-traded fund that offers limited downside protection in exchange for capped gains. The iShares Bitcoin Managed Protection ETF (PBIT) would use options contracts linked to BlackRock’s existing iShares Bitcoin Trust ETF (IBIT) rather than holding Bitcoin directly.

·2 min·2 sources
Crypto

Major companies object to tokenized stock platform as OKXICE faces issuer resistance

Nine major U.S. companies, including Broadcom, Verizon, and UnitedHealth, have objected to having their shares traded on OKXICE TSV, the planned tokenized stock venue from crypto exchange OKX and New York Stock Exchange owner Intercontinental Exchange. Nasdaq has separately said it will opt its own shares out of the U.S. Securities and Exchange Commission's temporary framework, citing concerns about real-time pricing and trade reporting. The pushback highlights growing resistance from issuers and market operators to the SEC's five-year Innovation Exemption for onchain stock trading.

·4 min·2 sources
Crypto

Crypto hacks cost $1.18 billion in Q3 as audits face scrutiny, Hacken report says

Blockchain security firm Hacken reported that hackers stole $1.18 billion from crypto projects in the third quarter of 2026, a 55% increase from the previous quarter, as the company warned that security audits often fail to cover the systems attackers actually target. According to Hacken, $906.8 million of the losses came from compromised suppliers or developer tools, uninstalled security fixes, or components excluded from the latest security review.

·3 min
Crypto

Joint operation targets West African crypto scams, over $11 million flagged

A coordinated international crackdown on scam networks in West Africa has resulted in 28 arrests and flagged over $11 million in funds linked to cryptocurrency investment fraud. The operation, hosted by the UK's National Crime Agency (NCA) and involving authorities in Ghana, Nigeria, and the US alongside private sector partners including Binance and Coinbase, marks the first such joint effort focused on the region.

·2 min
Crypto

ECB President Lagarde Says Digital Euro Imminent, Euro Area Economy Resilient

European Central Bank President Christine Lagarde has described the euro-area economy as resilient and announced that the launch of a digital euro is imminent. Speaking on the economic outlook, Lagarde noted that September's 3.8% inflation rate largely reflects high energy costs, which the ECB expects to ease next year, though a measured policy response remains appropriate. Lagarde stated that the digital euro "will further stimulate innovation and competition in retail payments."

·2 min
Crypto

Deutsche Bank wins German approval for crypto custody, targets Asia in 2027

Deutsche Bank has received regulatory approval from Germany's BaFin for its crypto custody service and plans to launch in Germany within weeks, with an expansion into Asian financial centers targeted for 2027. The authorization, granted October 12 under the EU's Markets in Crypto-Assets (MiCA) rules, clears the way for the bank to hold and transfer digital assets for corporate and institutional clients.

·2 min·2 sources
Crypto

Bitcoin bounces back above $82,000 after brief drop below $80,000 as inflation fears ease into weekend

Bitcoin climbed back above $82,000 on Friday, a day after briefly falling below $80,000 for the first time in a month, as buyers stepped in following the biggest inflation-driven selloff in weeks. The recovery came as U.S. Treasury yields stabilized and Asian stocks rebounded, though a second straight day of bitcoin ETF inflows is still needed to confirm the bounce has real support.

·3 min·5 sources