Crypto scam ringleader sentenced to 20 years over $73M pig-butchering scheme
US prosecutors say the case underscores the growing scale of relationship-based crypto fraud and renewed enforcement focus.
The latest developments in cryptocurrency, blockchain and digital finance.
US prosecutors say the case underscores the growing scale of relationship-based crypto fraud and renewed enforcement focus.
Gemini’s exit is testing the UK’s ambition to become a global crypto hub, with industry groups warning that slow, overlapping regulations and high compliance costs are pushing firms to jurisdictions that offer clearer and more predictable frameworks.
Bitcoin ETFs pulled in $145 million in fresh inflows as outflows slowed, signaling that institutional demand may be stabilizing. Analysts say early Bitcoin holders are mostly trimming profits rather than exiting, with new institutional investors increasingly stepping in.
Kevin Warsh is expected to be nominated as the next Fed chair, replacing Jerome Powell. Markets are already pricing in a more hawkish policy shift, while Warsh’s past remarks on Bitcoin stand out for framing crypto as a potential check on fiscal excess.
Bitcoin may continue to lag stocks in the near term, with no immediate rotation from gold and silver, according to Benjamin Cowen. While some analysts see a potential bottom forming, sentiment remains fragile as investors wait for clearer risk-on signals.
Optimism has approved a plan to use half of its Superchain revenue to buy back OP tokens, tying the token more closely to activity across its expanding layer-2 ecosystem, though the market has shown little immediate price reaction.
Messari says DePIN has quietly grown into a $10B sector with real onchain revenue, signaling a shift from speculative hype toward sustainable infrastructure economics despite weak token prices.
A wallet linked to alleged theft of US government-seized crypto launched a Solana memecoin that crashed 97%, with onchain data showing heavy supply concentration and renewed concerns over memecoin launch risks.
Australia’s top financial regulator has won a decisive court ruling against BPS Financial over its Qoin Wallet product. The case reinforces ASIC’s hard line on unlicensed crypto activity and misleading claims. It also highlights how enforcement is tightening even as regulators selectively ease rules for compliant digital asset businesses.
Sen. Roger Marshall is backing off a swipe fee amendment that threatened to complicate a key crypto market structure bill. The move reflects growing pressure from the White House and party leaders to keep the legislation on track. Even without the amendment, the bill still faces a tight timeline and significant political hurdles.
Bitcoin job listings rose 6% in 2025, driven largely by non-technical roles as companies mature and scale. Product, operations and leadership hires now dominate, while demand for Bitcoin-aligned talent remains stronger than supply.
Matcha Meta users were urged to revoke approvals after a SwapNet contract exploit drained up to $16.8 million on Base, with security firms tracing the attack to a smart-contract flaw that allowed approved funds to be transferred, highlighting ongoing DeFi risks that are increasingly being exposed with the help of AI tools.
Coinone is exploring the sale of major shareholder stakes, fueling takeover speculation as consolidation accelerates in South Korea’s highly active crypto market, with Coinbase rumored to be assessing a strategic entry despite no deal being confirmed.
Japan’s financial regulator is exploring rule changes that could allow crypto ETFs as early as 2028, signaling intent rather than approval, as major financial groups prepare for potential launches.
The UK’s financial watchdog has opened final consultations on 10 proposed crypto rules, aiming to apply traditional finance-style standards while acknowledging the sector’s inherent risks, with a new licensing regime for crypto firms expected to open applications in 2026.
Changpeng Zhao says he has no plans to return to Binance despite being legally able to do so after a presidential pardon, arguing the exchange is thriving under new leadership, while predicting Bitcoin could enter a supercycle in 2026 that may break its traditional four-year pattern.
Kansas lawmakers are considering a state-managed Bitcoin and digital asset reserve funded through unclaimed crypto rather than direct purchases, a proposal that mirrors federal plans to rely on forfeited assets, builds on earlier Kansas crypto initiatives, and reflects a broader trend of governments cautiously testing Bitcoin’s role in public finance.
Thailand’s SEC plans to introduce crypto ETF and futures regulations as institutional interest grows, with digital assets set to be recognized as an official asset class alongside portfolio limits and tighter rules for financial influencers, even as regulators step up enforcement, including the temporary suspension of KuCoin Thailand’s operations.