The US government continues to return cryptocurrency stolen through hacks US authorities are preparing to return $7 million to victims of a sophisticated crypto scam that tricked investors into sending money to fraudulent online platforms. The scheme, which involved social engineering tactics, led victims to believe they were investing in legitimate cryptocurrency ventures. The United
The company expect President Donald Trump’s son to help it guide its mission Metaplanet, a Bitcoin-focused investment firm, has announced the addition of Eric Trump to its newly formed strategic board of advisers. The move is part of the company’s broader plan to position itself as a major force in the Bitcoin economy, with Trump
Aleksei Andriunin has made a deal to return most of the money he stole from the crypto platform Aleksei Andriunin, the Russian entrepreneur behind the Gotbit cryptocurrency platform, has reportedly reached a plea agreement with US prosecutors in a case involving allegations of market manipulation. The deal includes forfeiting approximately $23 million in stablecoins, including
The Senate wants to cap the daily amount at $2,000 A bill aimed at regulating cryptocurrency ATMs in North Dakota is moving forward, with lawmakers reinstating a provision that caps daily withdrawals. The state Senate passed House Bill 1447 by a 45-1 vote, reviving a transaction limit of $2,000 per user that had previously been
The securities watchdog continues to review policies that have hindered crypto growth The US Securities and Exchange Commission (SEC) may be preparing to roll back a proposed rule that would have imposed stricter custody requirements on cryptocurrency held by investment advisers. Acting SEC Chair Mark Uyeda indicated that the rule, introduced in early 2023 under
Many reports are surfacing of fraudulent emails that trick users into creating new wallets Scammers are ramping up efforts to deceive cryptocurrency users by impersonating major exchanges like Coinbase and Gemini. Reports of fraudulent emails have surfaced, tricking users into setting up wallets with pre-generated recovery phrases that allow attackers to take full control of
Rowland Marcus Andrade also faces a civil case by the SEC The founder of AML Bitcoin, a cryptocurrency exchange marketed as a platform with strong anti-money laundering protections, has been convicted of wire fraud and money laundering in a California federal court. Rowland Marcus Andrade was found guilty on March 12 in the US District
Several crypto execs confirm they’ve been recent targets of the scam North Korean hackers are reportedly using fake Zoom meetings as a new tactic to infiltrate cryptocurrency companies and steal sensitive data. At least three crypto founders have identified and stopped recent attempts by scammers posing as potential business partners. The method, which has already
The miner earned $263,000 with a relatively simple Bitaxe mining machine A solo Bitcoin miner has recently achieved a remarkable feat by using a basic mining rig to capture a full mining reward worth $263,000. This miner, who used a small, affordable 480-gigahash per second (GH/s) Bitaxe machine, solved a block in the blockchain and
The casino operator is the first to bring cryptocurrency to US land-based gambling Choctaw Casinos & Resorts has taken a significant step in modernizing its payment options by allowing cryptocurrency transactions through a partnership with Bitline. This move makes it possible for patrons to convert digital assets into casino chips and withdraw winnings using crypto,
The move is seen by some as a possible pilot program for further government action The US Department of Housing and Urban Development (HUD) is reportedly exploring the potential use of blockchain technology and stablecoins for tracking grants and making payments. While the idea is still in its early stages, discussions within the agency suggest
The state is one of several that are interested in maintaining cryptocurrency reserves Yesterday, as President Trump was signing a federal cryptocurrency reserve bill, Texas lawmakers advanced a bill aimed at establishing a strategic reserve for Bitcoin, further cementing the state’s position as a key player in the digital currency space. The bill, SB-21, was
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