A financial software provider is preparing to distribute millions of dollars to consumers impacted by a data security incident. The company has agreed to the $5.5 million class action resolution in federal court, reports Claim Depot. The underlying lawsuit alleged inadequate protection of sensitive files at Doxim Inc., a Michigan-based third-party service provider serving credit […]

Ethereum’s layer‑2 ecosystem carries a technical contradiction seldom addressed directly. Rollups are presented as scalability solutions that inherit the security of the base layer, yet most operate with a centralized sequencer that introduces a single point of trust. A sole operator decides transaction order, can censor addresses and captures the extractable value generated on the network. Users […]

Bitcoin Magazine Republicans Continue To Blame Democrats Over Stalled Crypto Clarity Act  Republicans continue to criticize Democrats for dragging their feet when it comes to the long-awaited crypto Clarity Act.  Speaking to Fox News on Tuesday, Senator Bill Hagerty said that the U.S. could not afford to fall behind the rest of the world with […]

In a July 8 meeting, US and UK regulators highlighted the implementation of the GENIUS Act, payment modernization and cross-border cooperation, reinforcing a shared framework for digital asset oversight.

Bitdeer has signed a 16-year agreement to provide 121 megawatts of AI computing capacity at its Tydal campus in Norway. The contract could generate as much as $8 billion if an eight-year extension is exercised. Bitdeer Secures 121 MW AI Contract at Norway Campus Bitdeer Technologies shares surged 12% on Tuesday, Aug. 4, after the […]

US financial regulators have delivered the largest civil penalty ever assessed against a broker-dealer for anti-money laundering rule breaches. The U.S. ?Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has fined UBS Financial Services $125 million for willful Bank Secrecy Act violations linked to inadequate oversight of foreign currency wires, reports Reuters. Authorities say […]

Just a few days after admitting to a key vulnerability that left millions and millions worth of BTC in jeopardy, the team behind the self-proclaimed ‘best bitcoin hardware wallet’ published a key message urging users to migrate their funds. Coldcard’s official X account informed customers that they should “treat this as urgent” and move their […]

Shiba Inu might be in a better spot than it seems at the first glance, despite the most recent shot sell-off.

… cryptocurrency markets. The 76.6% drawdown experienced by Bitcoin in 2022 illustrates the core problem: an investor who experiences a 76% loss …

The first US-Japan joint yen intervention in 28 years came amid record bond yields and worries about the yen carry trade.

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 […]