The Rotterdam court said bankruptcy was necessary to ensure an orderly settlement because the company lacked enough assets to fully repay users. A Dutch court has declared cryptocurrency platform Knaken Cryptohandel BV and its affiliated foundation bankrupt after prosecutors said 7 million euros ($8 million) in customer assets were missing. The Rotterdam court issued the...Continue Reading

ECB’s Piero Cipollone said stablecoin adoption could erode bank deposits, but the digital euro will keep banks at the center of payments. European Central Bank Executive Board member Piero Cipollone said wider stablecoin adoption could erode commercial banks’ retail deposit base. He made the remarks Friday in a speech to Italy’s Federation of Cooperative Credit...Continue Reading

The pair pleaded guilty after investigators linked them to the Scattered Spider cybercrime group, which US prosecutors say extorted dozens of companies. The United Kingdom National Crime Agency (NCA) and City of London Police said two men associated with the “Scattered Spider” hacking group were sentenced to five years and six months in prison. The...Continue Reading

ESMA adds 14 CASPs to its MiCA register, with banks and Ripple Payments Europe among the new entries as total providers reach 294. European authorities added 14 crypto companies to the Markets in Crypto-Assets (MiCA) framework register in the second post-deadline update, signaling a slower licensing pace after an initial surge. The European Securities and...Continue Reading

Federal prosecutors allege the South Dakota investor used false promises to raise money, repaid earlier investors with new funds and laundered proceeds through crypto exchanges. A federal grand jury has indicted a South Dakota cryptocurrency investor on wire fraud, money laundering, bank fraud and aggravated identity theft charges over an alleged $20 million investment scheme,...Continue Reading

Bitcoin supply in loss hit 50% nearly 50 days ago, mimicking the countdown to BTC price bear-market bottoms. Bitcoin (BTC) has been counting down to its next bottom for nearly two months, a classic onchain metric suggests. Key points: Read moreContinue Reading

A macOS malware steals credentials to hijack Telegram sessions, decrypt cryptocurrency wallets or trick users into entering their wallet recovery phrases through fake applications. A macOS information-stealing malware can hijack Telegram Desktop sessions and compromise cryptocurrency wallets, according to blockchain security firm SlowMist. The malware harvests data from the macOS Keychain, Safari cookies, Apple Notes,...Continue Reading

US spot Bitcoin ETFs attracted $79.2 million on Thursday, lifting their three-day inflow total to about $368 million as Bitcoin attempted a price recovery. US-listed spot Bitcoin exchange-traded funds (ETFs) recorded $79.2 million in net inflows on Thursday, extending their inflow streak to three consecutive trading sessions. The latest inflows followed $108 million on Wednesday...Continue Reading

“Over time the economic incentives will drive $DOG Mode’s adoption and force Bitcoin Core to stop gatekeeping and allow these completely valid transactions,” said Leonidas. Bitcoin Ordinals advocate Leonidas has proposed developing a new open-source Bitcoin client, aimed at removing restrictions affecting Runes and Ordinals transactions.  In a post to X on Friday, Leonidas called...Continue Reading

The launch gives Bybit a locally operated platform in one of Asia’s largest crypto markets, home to more than 21 million crypto exchange users. Crypto exchange Bybit announced Thursday it has launched a locally operated platform in Indonesia after acquiring a majority stake in digital asset firm PT Enkripsi Teknologi Handal, formerly known as NOBI. ...Continue Reading