Cyprus’ top court has ordered an Israeli couple to surrender the keys to their safe deposit boxes, a move that follows a massive crackdown on a €700 million cryptocurrency laundering scheme. The case came after Europol revealed that authorities across Europe—France, Germany, Cyprus, Spain, Malta, Is
The biggest crypto exchange, Binance, now owns almost nine out of ten units of a stablecoin that is tied to former U. S. President Donald Trump and his family. The coin, called USD1, was created by a firm linked to the Trump clan and is meant to stay worth one U. S. dollar. Binance controls about
Phemex has started offering futures that run all day, every day, letting traders tie traditional market assets like stocks and metals into a crypto‑based margin system. This move isn’t about selling new products; it’s about shrinking the gap between when information arrives and when a trade can b
Brian Armstrong, the chief executive of Coinbase Global Inc. , used a post on X to highlight how digital currencies and tokenized assets can open doors for billions of people. He said these tools give a “level playing field” that helps anyone chase wealth, drawing on psychologist Jordan Peterson’s i
BitMine Immersion Technologies, a company that manages crypto assets for its own use and for others, added a large amount of Ethereum last week. They bought 40, 613 ETH during a market slump, pushing their total holdings over 4. 3 million tokens. At today’s prices that adds about $8. 8 billion to th
Bithumb, a major South Korean crypto exchange, mistakenly sent out more than 620, 000 Bitcoins during a promotional giveaway. The company intended to reward users with small cash bonuses of about 1. 40 US dollars each, but the system miscalculated and distributed at least 2, 000 Bitcoins per winner.
Turkey’s prosecutors seized about €460 million ($544 million) in crypto linked to a suspected illegal online betting and money‑laundering scheme. The funds were traced back to Tether Holdings SA, the issuer of the $185 billion USDT stablecoin. Tether’s CEO said the company acted on information
A South Korean crypto platform, Bithumb, accidentally sent out more than $40 billion worth of Bitcoin instead of a modest reward in local currency. The mistake happened during a promotion that was meant to give 620, 000 won (about $424) to each winner. An employee mistakenly entered Bitcoin as the c
Bitcoin climbed from a low near $60, 000 to about $69, 000 this week, undoing the gains it had made after Donald Trump’s November 2024 election. \p The drop came during a broader sell‑off that saw the CoinDesk 20 index fall more than 17% in one week. Bitcoin lost roughly 16. 5%, while Ether, BNB an
A new idea keeps artificial intelligence safe even when quantum computers arrive. It blends two modern security tools: post‑quantum cryptography, which stays strong against quantum attacks, and zero trust architecture, where no device or user is automatically trusted. The designers use a branc
