Blockchain News Archives - Page 11 of 16

eXch Crackdown: German Police Seize M Linked to .4B Bybit Hack

eXch Crackdown: German Police Seize $38M Linked to $1.4B Bybit Hack

Leave a Comment / anti-money laundering, Blockchain News, bybit hack, Lazarus Group, News / best time

German police seized €34 million ($38 million) in crypto from the platform eXch on May 8. This was part of an ongoing investigation into the alleged use of eXch for laundering funds stolen during Bybit’s record-breaking $1.4 billion hack in February 2025. Germany’s Federal Criminal Police Office (BKA) and Frankfurt’s main prosecutor’s office announced the […]

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30 Years for Funding ISIS: Crypto Trail Leads to Harsh U.S. Sentence

Leave a Comment / Blockchain News, crypto crime, DOJ, News, Terror Funding / best time

Key Takeaways: U.S. agencies now prioritize tracking crypto terrorism financing globally. Blockchain forensics can expose disguised crypto terrorism funding. Crypto terror financiers now face prison terms equal to violent offenders. A federal judge sentenced Mohammed Azharuddin Chhipa to 30 years and four months in prison for channeling more than $185,000 in cryptocurrency to the Islamic

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Coinbase Acquires Deribit for .9 Billion to ‘Add Diversity to Trading Revenues’

Coinbase Acquires Deribit for $2.9 Billion to ‘Add Diversity to Trading Revenues’

Leave a Comment / Blockchain News, Coinbase, Deribit exchange, Derivatives, News / best time

Major crypto exchange Coinbase has announced the strategic acquisition of crypto options exchange Deribit to “significantly advance” Coinbase’s derivatives business and provide spot, futures, and options under its umbrella. It’s said to be the biggest acquisition in crypto history. According to the announcement, the agreement is worth some $30 billion of current open interest. That

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EU Plans to Track Crypto Transactions for More Transparency: Eurogroup President

Leave a Comment / AMLR, Blockchain News, European Union / best time

Eurogroup President Paschal Donohoe, also Ireland’s Finance Minister, made remarks on how the EU is planning to track crypto transfers. Speaking at the European Anti-Financial Crime Summit 2025 in Dublin, the minister said that the plan, if executed, would see increased transparency in transactions among both senders and receivers. The plan at an EU legislative

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Coinbase Q1 Revenue Rises Despite Profit Decline

Leave a Comment / Blockchain News, Coinbase / best time

Coinbase Global on Thursday reported a mixed set of results for the first quarter, with revenue climbing but profit sharply down, as the largest US crypto exchange faced higher costs and market volatility driven by erratic macroeconomic signals and ongoing digital asset turbulence. The San Francisco-based company said revenue rose 24% year-on-year to $2b. However,

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Celsius Boss Alex Mashinsky Sentenced to 12 Years in Crypto Fraud Case

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Alex Mashinsky, the founder of failed crypto lender Celsius Network, has been sentenced to 12 years in prison for defrauding hundreds of thousands of customers who were drawn in by the company’s promises of high returns on digital-asset deposits. US District Judge John Koeltl handed down the ruling on Thursday in Manhattan, marking one of

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USD1 Stablecoin Blasts 1,540% to .1B – Will Trump-Tied Token Keep Its Peg?

USD1 Stablecoin Blasts 1,540% to $2.1B – Will Trump-Tied Token Keep Its Peg?

Leave a Comment / Blockchain News, News, Stablecoin, Trump, WLFI Tokens / best time

The USD1 stablecoin, issued by Trump-affiliated financial entity World Liberty Financial Inc. (WLFI), has experienced a meteoric rise in market capitalization, surging from just $128 million on April 27 to over $2.1 billion by early May. This represents a 1,540% increase in less than a week, positioning USD1 as the seventh-largest stablecoin in the global

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Scott Bessent Ignites Capitol Showdown with Historic Crypto Bill Endorsement

Leave a Comment / Blockchain News, Donald Trump, News, u.s. congress, U.S. Treasury / best time

U.S. Treasury Secretary Scott Bessent praised current crypto legislation while bolstering his belief in the blockchain sector during a May 7 House Financial Services Committee Hearing. Bessent Shares His Take On Crypto Policy During the hearing titled “The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System,” Bessent

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Missouri Moves to Axe Capital Gains on Crypto & Stocks – Budget Battle Looms

Leave a Comment / Blockchain News, Regulation, Tax, United States / best time

Key Takeaways: Missouri is set to become the first U.S. state to completely exempt capital gains from income tax, pending the governor’s signature. The measure applies to profits from assets such as stocks, real estate, and cryptocurrency, retroactive to 2025. The bill includes expanded exemptions for seniors, disabled residents, and select consumer goods to gain

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SKALE Labs Reveals New Protocol to Combat .8 Billion MEV Problem

SKALE Labs Reveals New Protocol to Combat $1.8 Billion MEV Problem

Leave a Comment / Blockchain, Blockchain News, crypto transactions, News / best time

SKALE Labs, the team behind Layer-1 blockchain network SKALE, has launched its BITE Protocol, the “industry’s first” consensus-level solution that works to eliminate Maximal/Miner Extractable Value (MEV). The SKALE team says that BITE stands for ‘Blockchain Integrated Threshold Encryption’. It prevents anybody from accessing transaction contents before a block is finalized. The protocol encrypts transactions

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