Monday, October 12

Crypto

Belgian Police Arrest Phishing Gang Leader Tied to 2K in Stolen Funds

Belgian authorities arrested a 19-year-old suspected of being a key figure in a European phishing and money-laundering network that stole more than 500,000 euros ($572,000) using fake government emails and phone calls to trick victims into installing remote-access software.Authorities detained…

US Senator Calls for Ban on Elected Officials Issuing Memecoins

Senator Kirsten Gillibrand, one of the US lawmakers behind negotiations for a digital asset market structure bill in Congress, has proposed barring elected officials and the president from issuing or sponsoring their own tokens, citing President Donald Trump’s and First…

ESMA Says Many Prediction Market Contracts Fall Under Existing EU Rules

The European Securities and Markets Authority (ESMA) has warned that many prediction market contracts may already fall under existing restrictions on binary options, saying companies cannot avoid financial regulations simply by marketing them as “event contracts.”In a public statement on Friday,…

Strategy’s Bitcoin Shift, Open USD Launch, Fidelity Weighs In

For years, Michael Saylor’s Strategy built its brand around a simple mantra: Buy Bitcoin. Never sell. This week, that narrative changed.  The company authorized up to $1.25 billion in Bitcoin sales under a new capital framework. At current prices, that equates…

EU Enters MiCA Enforcement Phase for Crypto Companies

The European Union’s cryptocurrency industry has entered a new enforcement phase as the transition period under the Markets in Crypto-Assets (MiCA) regulation came to an end.The end of the transition means crypto companies without MiCA authorization can no longer legally…

Upbit Says It Isn’t Participating in Open USD Issuance

South Korean crypto exchange Upbit said it is not participating in the issuance of Open USD, after its operator Dunamu was named among more than 140 businesses involved in the new stablecoin initiative. “Upbit has only indicated our potential willingness to…

ESMA’s First Post-Deadline MiCA Update Adds Standard Chartered

The European Securities and Markets Authority (ESMA) has published the first update to its register of crypto companies under the European Union’s Markets in Crypto-Assets Regulation (MiCA) after the transitional period ended Wednesday.Friday’s update to the register added 37 licensed…

Irish Authorities Seize Another 500 Bitcoin in Criminal Proceeds

Ireland’s Criminal Assets Bureau (CAB) confirmed the seizure of another 500 Bitcoin, currently worth about 27 million euros ($30.9 million), in collaboration with Europol’s European Cybercrime Centre. That brings the total Bitcoin seized by CAB in 2026 to 1,500 BTC, worth…

RBI Backs Crypto Containment as India Prepares Policy Report

The Reserve Bank of India (RBI) reportedly backed a containment strategy for digital assets to shield banks and other financial institutions from exposure to crypto and privately issued stablecoins, as lawmakers prepare a report on the country’s digital asset policy. According…

Bitcoin ETFs Rebound as Fidelity Leads Inflows

US-listed spot Bitcoin exchange-traded funds (ETFs) recorded their first daily net inflow above $200 million since early May, snapping weeks of sustained withdrawals.The funds attracted $221.7 million in net inflows on Thursday, according to SoSoValue data, ending a 10-day streak…

AI Agent Development at Meta is Lagging: Zuckerberg

Meta CEO Mark Zuckerberg said AI agent development at the firm is progressing more slowly than expected, even as technology and crypto firms continue pouring resources into the nascent technology. In a company meeting on Thursday, Zuckerberg said the “trajectory…

Scattered Spider Suspect Handed to US Over Crypto Ransom

A teenager suspected of involvement with the “Scattered Spider” hacking group has been extradited to the US over his alleged role in an $8 million crypto ransom.The US Justice Department said on Wednesday that Peter Stokes, a 19-year-old dual US-Estonian…

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