Bitcoin Magazine FBI Agent Accused of $1 Million Crypto Theft From ‘Adversarial Nation’ A Federal Bureau of Investigation agent allegedly took $1 million in seized cryptocurrencies before turning himself in, according to court records. Documents unsealed this week allege Patrick Steven Yaroch, who was a FBI Supervisory Special Agent working at the FBI Headquarters Counterintelligence […]
A coalition of US states have filed suit against the Trump administration over broad new tariffs covering imports from roughly 60 economies. The lawsuit targets the latest round of levies imposed under Section 301 of the Trade Act of 1974, reports Bloomberg. States including Oregon, New York and California argue the duties are arbitrary and […]
TL;DR: Paytaca introduced a self-custodial NFC payment card powered by smart contracts during the Cash 3.0 conference. The zk-SNARK-based privacy solution is currently operational only on the blockchain’s Chipnet testnet. The Directional Indicator (-DI) recorded a level of 19.49 against a (+DI) of 16.23 on the daily price chart. Following the Cash 3.0 conference held […]
Crypto infrastructure firm Bitgo is replacing Layerzero with Chainlink as the exclusive cross-chain infrastructure provider for wrapped bitcoin (WBTC), marking a major change in how the $7.7 billion token will move across blockchain networks. The crypto company said on Tuesday all future Bitgo-issued digital assets will also use Chainlink’s Cross-Chain Interoperability Protocol, or CCIP, by […]
Ripple announced yet another expansion of its institutional digital asset strategy. In fact, the past seven days were rather packed with ecosystem updates. All of it happened as XRP traded near $1.07 following a few unsuccessful recovery attempts, but more on that later. Now, let’s dive into the most important and recent Ripple news. Ripple […]
GRAM token whipsaws after Apple App Store’s Telegram ban, XRP unlocks RLUSD loans on Morpho Blue, and CryptoQuant signals BTC is deeply undervalued at cycle bottom.
Separate legislation establishes a tightly controlled cryptocurrency market and gives government agencies access to confidential data across the food …
The preferred shares have recovered nearly 24% from their June closing low as Strategy builds its cash reserve and repurchases STRC.
Former FBI agent Patrick Yaroch allegedly exploited internal access to transfer cryptocurrency from wallets tied to national security investigations into accounts he controlled. Investigators say he later confessed, citing shame, while searches uncovered cryptocurrency accounts, travel plans and ChatGPT conversations about the money. The former supervisory special agent was dismissed by the FBI on 31 […]
Strategy sold 1,638 BTC for US$104.73 million between 27 July and 2 August, at an average US$63,957 a coin. The company’s average purchase price stands at US$75,419, putting the sale about 15% below what it paid. Michael Saylor, Strategy’s executive chairman, said on X that he has never sold his own Bitcoin, a holding no […]
Bitcoin Magazine Crypto Clarity Act Risks More Delay As Recess Looms The long-awaited crypto Clarity Act may be further delayed as August recess fast approaches. Despite optimism last week from top crypto companies — like Coinbase — and backing from top financial institutions, lawmakers appear to be prioritizing other bills to vote on before their […]
Ripple invested in Zilo and Licuido to expand the XRP Ledger’s institutional capital markets infrastructure. The deals add regulated fund administration, issuance, trading, settlement, and collateral tools for tokenized assets. Ripple Expands Institutional Tokenization Infrastructure Ripple announced strategic investments in Zilo and Licuido on Aug. 3, extending the XRP Ledger’s institutional capital markets infrastructure with […]
A former FBI supervisory agent pleaded guilty to stealing about $1 million worth of digital assets from an adversarial country and forfeited about $925,000 in funds to government-controlled wallets.
TL;DR: Patrick Steven Yaroch, a former FBI agent, was charged with the alleged theft of $1 million in cryptocurrency from official systems. The accused memorized recovery phrases tied to investigations against a foreign adversary to transfer funds into personal wallets. Digital evidence reveals the use of ChatGPT to plan investments and seek residency in European […]
Major blockchain networks are adjusting after recent market swings. Chainlink remains near support around $8.50; some market observers describe the longer-term outlook as neutral to cautiously positive. In the ADA community, recent Cardano coverage notes founder Charles Hoskinson defending the network’s development as prices trade near $0.16. Zero-knowledge technology is attracting attention across the market. […]
Alongside the US stock market, bitcoin’s price is on the move on Tuesday, jumping to $64,000 for the third time in the past day or so. The question now is whether it will have more success this time. The S&P 500 just hit a new all-time high as US President Donald Trump continues to claim […]
Binance to remove four crypto pairs from platform as shakeup continues in August.
The FBI supervisory special agent believed the FBI “could not or would not act against adversarial cryptocurrency accounts,” prosecutors said.
Bitcoin Magazine American Bitcoin Reports Quarterly Loss But Boosts Bitcoin Stash Publicly traded Bitcoin treasury and mining company American Bitcoin’s stock jumped on Monday following news that the firm’s crypto holdings had increased. The company (NASDAQ: ABTC) reported a second-quarter loss on Monday due to the decline in Bitcoin’s price but still added the largest […]
The CNBC personality said he’ll sell his Bitcoin holdings due to fears about quantum computing, as some cryptocurrency investors celebrated, referencing the popular “inverse Cramer” meme.
Ripple announced strategic investments in London firms ZILO and Licuido on Monday, without disclosing the amount paid or the size of either stake. Licuido supplied the tokenisation technology behind Aviva Investors’ tokenised share class, which went live on the XRP Ledger on 29 July. ZILO, founded in 2020, has raised US$59.9 million across two funding […]
Caleb & Brown has expanded into the UK, targeting affluent investors with personalised cryptocurrency brokerage services. Swyftx sees strong growth potential as UK digital asset adoption trails Australia, the US and parts of Asia. The brokerage aims to fill a gap in private client crypto services while building on its established wealth management model. Australian […]
Bitcoin analyst Willy Woo estimates authorities have a 20% to 40% chance of recovering part of the bitcoin stolen through the Coldcard vulnerability. Historical crypto recoveries spanning billions of dollars underpin that outlook, while security leaders urge victims to preserve evidence that could support future claims. Woo Points to Previous Recoveries Bitcoin analyst Willy Woo […]
Bitcoin mining has long become a massive business niche in which the individual miner has been sidelined, but there are occasional exceptions. A single miner managed to mine block number 960804, which secured them the 3.125 BTC prize, worth roughly $200,000 at today’s prices. Pseudonymous software developer at CKPool, Dr -ck, was among the first to […]
BlackRock’s IBIT liquidates $122 million in Bitcoin via Coinbase as annual returns plunge 45.62%.
Davis Polk partner Fiona Moran was featured on the Association for Women in Cryptocurrency's podcast, Women in Crypto, discussing SEC enforcement, …
Real revenue is often used as evidence of project traction, and this August the contrast between three infrastructure-and-entertainment projects illustrates differences in reported revenue and network activity. Sei has experienced a marked decline in on-chain activity, while Celestia remains listed by some analysts as important rollup infrastructure. BlockDAG, in turn, reports casino activity and token […]
August 2026 market update: some layer-2 networks are trading lower while a new project has announced a near-term product release, according to project statements. Arbitrum and Optimism have reported technical and governance developments, and BlockDAG has announced a planned Super App release. BlockDAG (BDAG) has announced a September release date for its Super App, according […]
The asset manager introduced two blockchain-based money market funds designed to qualify as stablecoin reserve assets under the US GENIUS Act.
Bitcoin Magazine ‘We’ll Get Through This Bear Market,’ Says CEO of Bitcoin Treasury Company Strategy Bitcoin treasury company Strategy’s CEO Phong Le brushed aside concerns investors may have about the Nasdaq-listed company selling its stash. Speaking on CNBC Monday, Le said that Strategy would continue doing what it’s always done, and outperform Bitcoin during the […]
The Bitcoin treasury firm Strategy (MSTR) sold 1,638 BTC worth $105 million in the past week, continuing a trend started earlier this summer. The sale was preceded by a three-week period during which the firm didn’t buy or sell any Bitcoin, and a two-week period before that when it sold a total of 3,588 BTC […]
A former FBI supervisory special agent has been accused of doing something investigators spend years warning others about: exploiting access to cryptocurrency seed phrases that were never meant to leave an active counterintelligence case. According to prosecutors, roughly $1 million in digital assets disappeared from wallets tied to a foreign intelligence target, not through a […]