Blockchain News

Sanctioned States Exploit Crypto to Fuel Weapons—FATF Warns of “Exponential” Surge

Sanctioned States Exploit Crypto to Fuel Weapons—FATF Warns of “Exponential” Surge

The Financial Action Task Force (FATF) has issued a sharp warning about the growing use of cryptocurrencies by sanctioned states to fund weapons programs. In a report published June 20, the global financial crime watchdog urged countries to close regulatory gaps that are allowing illicit finance to thrive in the digital asset space. According to […]

Sanctioned States Exploit Crypto to Fuel Weapons—FATF Warns of “Exponential” Surge Read More »

Bolt Introduces ‘Bolt Connect’ to Streamline Merchant Onboarding and Enable Stablecoin Payments

Bolt Introduces ‘Bolt Connect’ to Streamline Merchant Onboarding and Enable Stablecoin Payments

Bolt, the checkout and payments platform, launched Bolt Connect to revolutionize marketplace onboarding while simultaneously introducing stablecoin payment support. The dual announcement put Bolt at the forefront of a massive industry transformation that has seen stablecoin market capitalization reach $228 billion. We just launched two major upgrades to accelerate commerce’s next leap:StablecoinsBolt Connect for marketplacesHere’s

Bolt Introduces ‘Bolt Connect’ to Streamline Merchant Onboarding and Enable Stablecoin Payments Read More »

H1 2025 ‘Marks a Pivotal Shift in Crypto Hacking’ – TRM Labs Report

H1 2025 ‘Marks a Pivotal Shift in Crypto Hacking’ – TRM Labs Report

“The first half of 2025 has delivered a stark reminder of the crypto ecosystem’s vulnerabilities,” according to the latest report by blockchain intelligence platform TRM Labs. It has surpassed the previous H1 crypto hacking record from 2022. To be precise, the first half of this year lost more than $2.1 billion across at least 75

H1 2025 ‘Marks a Pivotal Shift in Crypto Hacking’ – TRM Labs Report Read More »

Global Watchdog Calls on Nations To Step Up Crypto Enforcement

Global Watchdog Calls on Nations To Step Up Crypto Enforcement

The Financial Action Task Force has called on governments worldwide to step up enforcement of anti-money laundering standards in the crypto industry, warning that unchecked gaps in regulation could undermine global financial security. In a report released Thursday from Paris, the global watchdog said jurisdictions have made progress since 2024 on implementing anti-money laundering and

Global Watchdog Calls on Nations To Step Up Crypto Enforcement Read More »

Global Watchdog Calls on Nations To Step Up Crypto Enforcement

IntelBroker Indicted: British National Faces Charges for $25M+ Data Breach on BreachForums

A British national has been indicted in the United States for allegedly orchestrating a large-scale hacking operation under the alias “IntelBroker,” resulting in over $25 million in damages to businesses and institutions worldwide. The U.S. Attorney’s Office for the Southern District of New York announced the indictment of 25-year-old Kai West on Wednesday. West is

IntelBroker Indicted: British National Faces Charges for $25M+ Data Breach on BreachForums Read More »

Nigerian Man Pleads Guilty to Laundering .5M in Crypto from US Victims

Nigerian Man Pleads Guilty to Laundering $2.5M in Crypto from US Victims

Key Takeaways: Charles Uchenna Nwadavid pleaded guilty in Boston to mail fraud and money laundering. He laundered funds from six U.S. victims using cryptocurrency between 2016 and 2019. Transactions were processed through LocalBitcoins, accessed remotely by Nwadavid overseas. A Nigerian national pleaded guilty in Boston federal court on June 25 to charges related to laundering

Nigerian Man Pleads Guilty to Laundering $2.5M in Crypto from US Victims Read More »

Worldcoin’s World ID Surpasses 100 Million Uses Across Third-Party Apps – Is WLD Ready for a Recovery?

Worldcoin’s World ID Surpasses 100 Million Uses Across Third-Party Apps – Is WLD Ready for a Recovery?

Worldcoin’s World ID has achieved a landmark milestone by surpassing 100 million uses across third-party applications, marking a significant adoption breakthrough for Sam Altman’s ambitious digital identity project despite facing mounting regulatory challenges worldwide. The real human network, at scale. World ID surpasses 100 million uses across third-party apps. pic.twitter.com/wtX1PeSXkT — World (@worldcoin) June 26,

Worldcoin’s World ID Surpasses 100 Million Uses Across Third-Party Apps – Is WLD Ready for a Recovery? Read More »

[LIVE] What’s Happening in Crypto Today, June 26?

[LIVE] What’s Happening in Crypto Today, June 26?

The crypto market is showing mixed signals today, with the crypto market cap falling 1.1%. But what else is happening in crypto today? Follow our up-to-date live coverage below. What’s Happening in Crypto Today, June 26? The post [LIVE] What’s Happening in Crypto Today, June 26? appeared first on Cryptonews.

[LIVE] What’s Happening in Crypto Today, June 26? Read More »

FHFA Head Bill Pulte Orders Fannie Mae, Freddie Mac To Consider Crypto As Mortgage Asset

FHFA Head Bill Pulte Orders Fannie Mae, Freddie Mac To Consider Crypto As Mortgage Asset

U.S. Federal Housing Finance Agency (FHFA) Director Bill Pulte has ordered Fannie Mae and Freddie Mac to consider ways cryptocurrencies may be used in mortgage risk assessments, a Wednesday order from the FHFA reveals. FHFA To Consider Crypto As Mortgage Asset, Bill Pulte Says According to a June 25 X post from Pulte, the two

FHFA Head Bill Pulte Orders Fannie Mae, Freddie Mac To Consider Crypto As Mortgage Asset Read More »

Stablecoin Regulation Still Faces Key Unresolved Questions, Says IMF

Stablecoin Regulation Still Faces Key Unresolved Questions, Says IMF

Key Takeaways: IMF’s Bo Li said regulatory uncertainty around stablecoins persists, especially regarding classification and enforcement. Global financial bodies are working to align frameworks but remain in early stages. Policy inconsistencies may drive firms toward jurisdictions with less oversight. The International Monetary Fund (IMF) continues to flag regulatory uncertainty around stablecoin, according to remarks by

Stablecoin Regulation Still Faces Key Unresolved Questions, Says IMF Read More »