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GeneralBeginnerEuropean law enforcement arrested 17 individuals tied to what authorities are calling a “mafia crypto bank.” The group is accused of laundering over €21 million (around $23.5 million) in cryptocurrency for Middle Eastern and Chinese organised crime networks. According to a statement issued by…
#australia#banks#crime
SolanaBeginnerThe U.S. Securities and Exchange Commission (SEC) has postponed its decision on a proposed spot Solana ETF, leaving the crypto industry waiting for clarity on similar filings tied to Polkadot and XRP, which are expected to face key deadlines in June. According to a filing dated May 13, the SEC has…
#altcoin#crypto#defi
BitcoinBeginnerTwo former executives of the bankrupt crypto lending service Cred, Daniel Schatt (CEO) and Joseph Podulka (CFO), have pleaded guilty to wire fraud related to the company’s collapse. The plea deals, according to May 13, were filed in a California District Court, with Judge William Alsup setting a…
#altcoin#court#crypto
GeneralBeginnerOn the report of May 13, three masked men suddenly lunged at the daughter of Paymium co-founder and CEO Pierre Noizat as she walked with her young son through Paris’s 11th district, attempting to bundle them into a waiting van in broad daylight. In the struggle, the assailants also assaulted a…
#crime#crypto
GeneralBeginnerThe Infinite Node Foundation (NODE), a nonprofit dedicated to improving digital art, has acquired Yuga Labs’ intellectual property rights to the legendary CryptoPunks NFT collection. The announcement was made by NODE on May 13. Alongside the acquisition, NODE has secured a $25 million endowment,…
#crypto#nfts
ZKsyncBeginnerThe X account of Ethereum’s layer 2 network, ZKsync, and its developer, Matter Labs, was compromised on May 13, with hackers spreading misinformation. They falsely claimed that the network was under investigation by US authorities, among other misleading messages. The hacked ZKsync-related X…
#hackers#sec#tokens
EthereumBeginnerEthereum’s latest Pectra update has had a huge influence on its market performance, boosting Ether’s (ETH) market value over that of industry heavyweights such as Coca-Cola and Alibaba. Following the successful deployment of the update, ETH’s price 8marketcap showed by nearly 42% in five days,…
#crypto
BitcoinBeginnerThree teenagers allegedly kidnapped a man at gunpoint after he returned home from hosting a cryptocurrency event downtown. According to police, the suspects forced the man into a vehicle and drove him an hour into the desert, where they coerced him into handing over access to his crypto wallets…
#altcoin#crime#crypto
BitcoinBeginnerMetaplanet, a Japanese investment corporation, has secretly developed a Bitcoin hoard that now exceeds the holdings of an entire country, El Salvador, with 6,796 BTC, worth approximately $707 million at current market rates, following its most recent buy on May 12, 2025. CEO Simon Gerovich…
#crypto#el-salvador#japan
BitcoinBeginnerDonald Trump’s recent announcement of a “total reset” in trade relations with China has sent waves through global financial markets. U.S. Treasury Secretary Scott Bessent has stated that there has been “substantial progress” in the ongoing negotiations, raising hopes for a lessening in the…
#china#donald-trump
BitcoinBeginnerThe seizure, announced on May 9 by German authorities, has seized €34 million (approximately $38 million) in cryptocurrency from the eXch platform, which is implicated in laundering funds stolen during the record-breaking $1.5 billion Bybit hack. The seizure, announced on May 9 by Germany’s…
#bybit#crime#crypto
SolanaBeginnerSolana has been making waves in the crypto world, especially with its recent surge in activity driven by the memecoin frenzy. The network’s transaction volumes have skyrocketed, and it’s even surpassed Ethereum in some revenue metrics. However, this growth is largely attributed to the speculative…
#crypto
