Six people have been detained after a French magistrate and her mother were abducted in a crypto ransom plot, intensifying concerns over a surge in violent “wrench attacks” in France. French police have reportedly arrested six people, including a minor, over the kidnapping of a 35‑year‑old magistrate and her 67‑year‑old mother in a cryptocurrency‑linked ransom plot targeting the magistrate’s partner, a crypto entrepreneur. According to a France 24 report, citing the AFP, the magistrate’s partner received a photo of her and a threat to mutilate the hostages if a cryptocurrency payment was not made. The two women were held for around 30 hours in a garage in the Drôme region before managing to raise the alarm and escape without any ransom being paid. Read more
The wallet linked to Infini’s $50 million exploit reactivated after months of silence to buy the Ether dip amid a broader market downturn. A wallet linked to the $50 million Infini exploit has become active again nearly a year after the breach, snapping up Ether during last week’s market downturn before routing the funds through a crypto mixing service. The Infini exploiter-labelled wallet address bought $13.3 million worth of Ether (ETH) as the price dropped to $2,109 before sending the funds to crypto mixing protocol Tornado Cash, according to blockchain data platform Arkham. “He seems very good at buying low and selling high,” blockchain tracking service Lookonchain said in a Monday X post. Read more
TRM Labs says the $17.9 billion figure reflects gross onchain volume, including internal transfers, not confirmed illicit proceeds. A Chinese-language crypto guarantee marketplace known as Xinbi processed nearly $18 billion in onchain transaction volume despite platform bans and United States enforcement actions aimed at dismantling similar services, according to a new report from TRM Labs. The report said recent crackdowns — reshaped but failed to dismantle — a key layer in crypto-enabled laundering infrastructure. TRM’s analysis showed that Xinbi sustained on-chain activity after Telegram banned clusters of Chinese-language guarantee services in 2025. The report attributes Xinbi’s resilience to rapid migration to alternative messaging services and the launch of an affiliated wallet, XinbiPay. Onchain data showed wallet activity rebounded in January 2026 as users transitioned to the new setup. Read more
TON Pay’s new SDK lets Telegram Mini Apps accept Toncoin and stablecoins in a single, low-fee checkout flow, seeking to make TON a payments rail for its 1.1 billion monthly active users. The Open Network Foundation has launched TON Pay, a new payments software development kit (SDK) designed to make cryptocurrencies usable for everyday consumer transactions within the Telegram ecosystem. In a Monday release shared with Cointelegraph, the product is positioned as a simple, wallet-agnostic payment layer that allows merchants and Mini App developers to accept crypto directly through Telegram, aiming to turn the app into a hub for seamless blockchain-based commerce. According to the TON Foundation, TON Pay provides developers with a single software kit that integrates with Telegram Mini Apps, removing much of the friction associated with managing wallet infrastructure, settlement, and checkout flows. Read more
Crypto ETP outflows slowed to $187 million after weeks of losses, with a record $63 billion in trading volume, suggesting a “potential market nadir,” CoinShares said. Crypto investment products logged a third straight week of outflows, though the pace of selling eased markedly as digital asset prices steadied after a sharp downturn. Crypto exchange-traded products (ETPs) recorded $187 million in outflows during the week, a sharp drop from the $3.43 billion seen over the previous two weeks, CoinShares reported on Monday. The slowdown came as Bitcoin (BTC) fell to its lowest level since November 2024, with the price touching $60,000 on Coinbase last Thursday. Read more
South Korea’s financial watchdog detailed planned investigations into high-risk trading tactics as it prepares the next phase of crypto regulation, Yonhap News Agency reported. South Korea’s Financial Supervisory Service (FSS) said it will step up scrutiny of suspected cryptocurrency price manipulation in 2026, outlining a slate of planned investigations that target high-risk trading tactics, including “whale” activity and schemes that exploit disruptions at local exchanges, local outlet Yonhap reported Monday. According to Yonhap News Agency, FSS Governor Lee Chang-jin said that the agency will target high-risk trading practices that undermine market order, including coordinated manipulation and schemes exploiting disruptions in exchange infrastructure. The FSS said the probes will focus on tactics that involve large-scale trading by whales, artificial price swings during exchange deposit or withdrawal suspensions and coordinated trading mechanisms using APIs or social media to spread false information. Re...
Bitcoin price forecasts still favor lower macro lows as traders brace for US inflation data and renewed Japan-driven currency volatility. Bitcoin (BTC) starts the second week of February still on the defensive after last week’s sharp drawdown, with traders increasingly eyeing a deeper retracement toward $60,000 — and even $50,000 — before a durable macro bottom forms. Market forecasts agree that Bitcoin price action has not yet put in a reliable long-term bottom. CPI week comes as markets lose faith in Fed rate cuts in March. Read more