William Duplessie and John Woeltz, the two suspects behind New York City’s Bitcoin torture plot earlier this summer, were each granted $1 million bail this week on charges tied to the NYC crypto torture case, ABC News reported on Thursday. William Duplessie, John Woeltz, Land Bail in Shock Case According to the July 24 report, […]
NYC Crypto Torture Case Suspects Granted Million Dollar Bail Read More »
Two MIT-educated brothers accused of orchestrating the largest MEV bot exploitation in cryptocurrency history will face trial after a federal judge rejected their attempts to dismiss fraud and money laundering charges. Anton Peraire-Bueno, 24, and James Peraire-Bueno, 28, allegedly stole $25 million in cryptocurrency within 12 seconds by manipulating Ethereum’s MEV-Boost protocol in April 2023.
MIT Brothers Who Exploited MEV Bots for $25M Must Face Trial, Judge Rules Read More »
Hong Kong will soon make it illegal to market unlicensed stablecoins to the public, as the city tightens controls ahead of the rollout of a long-anticipated regulatory framework. The move comes as authorities seek to cool market euphoria and protect retail investors from hype and fraud in the digital asset space. Eddie Yue, chief executive
Hong Kong Declares Unlicensed Stablecoin Promotions a Crime Read More »
Tether is laying the groundwork for a fresh push into the US, spurred by a major shift in the country’s regulatory climate. CEO Paolo Ardoino told Bloomberg in an interview Wednesday that the company is moving ahead with its domestic strategy, following last week’s signing of landmark stablecoin legislation by US President Donald Trump. The
Stablecoin Giant Tether Rekindles Plans to Break Into US Market: Report Read More »
The U.S. Attorney’s Office for the Western District of Washington filed a civil action on Tuesday seeking the forfeiture of over $7 million in digital assets recovered from a massive crypto scheme, a new press release from the Department of Justice shows. Fraudsters Stole $97 Million in Crypto Scheme, New Press Release Shows According to
Bank of England officials are considering abandoning plans to create a digital pound for households amid growing skepticism about the project’s benefits. The BOE has privately urged the banking industry to accelerate payment innovations that could deliver similar benefits without the need for a central bank digital currency for consumers. Digital Currency or Nothing, Not
Bank of England Considers Abandoning Digital Pound CBDC Project Amid Growing Opposition Read More »
Consensys, the Ethereum-focused software firm behind MetaMask, is reportedly laying off 49 employees, or roughly 7% of its workforce, as part of a restructuring effort aimed at improving profitability. Bloomberg reported the job cuts on Tuesday, with a spokesperson describing them as a step in a broader realignment of priorities following the firm’s recent acquisition
Consensys Cuts 7% of Staff in Latest Crypto Industry Shake-Up: Report Read More »
A leading Russian policymaker says authorities should be given the power to seize coins from illegal or quasi-legal Bitcoin miners. The Russian state-run news outlet TASS reported that the comments came from Yevgeny Masharov, a member of the commission of the Public Chamber of the Russian Federation for the Public Examination of Draft Laws and
Russian Policymaker Says State Should Seize Crypto From Illegal Miners Read More »
Blockchain investigator ZachXBT has exposed crypto influencer Crypto Beast for allegedly orchestrating an $11 million token dump on followers. The investigation revealed that 45 connected insider wallets tied to Crypto Beast sold over $11 million worth of ALT tokens on July 14, 2025, causing the token’s market cap to crash from $190 million to just
Bitget Wallet announced on Tuesday it has launched a fiat withdrawal feature through a new partnership with crypto payments platform MoonPay We've partnered with @moonpay to power up our offramp feature! You can now offramp USDT/USDC directly in more than 25+ currencies to your bank cards/PayPal accounts. Skip the CEX and offramp with Bitget Wallet.
Bitget Wallet Launches Fiat Withdrawal Feature in Collaboration with MoonPay Read More »
