Nauru moves from building rules to promoting its digital asset framework as it looks to attract companies and cross-border partnerships. Nauru has appointed crypto entrepreneur Dadvan Yousuf as an international trade commissioner to help advance its digital asset strategy and attract global investment. In a statement on Tuesday, President David Adeang said the appointment is part of the Pacific nation’s efforts to strengthen international partnerships and position itself as a hub for virtual asset activity. The government said Yousuf will support cross-border engagement with virtual asset service providers, financial institutions and technology firms. The move comes less than a year after Nauru passed legislation establishing the Command Ridge Virtual Asset Authority (CRVAA), a dedicated regulator tasked with licensing and overseeing crypto firms, digital banks and other virtual asset activities. Read more
US spot Bitcoin ETFs recorded $291 million in outflows on Monday as BTC climbed above $74,000, marking the biggest day of redemptions since March 27, led by FBTC. US-listed spot Bitcoin exchange-traded funds (ETFs) clocked a day of outflows on Monday despite BTC surging above $74,000. Spot Bitcoin (BTC) ETFs recorded $291 million outflows on Monday, the largest daily outflow since March 27, according to SoSoValue data. The selling largely came from the Fidelity Wise Origin Bitcoin Fund (FBTC), which led the outflows at $229 million, according to Farside data. Read more
Hacken’s Q1 2026 report finds $482 million lost across 44 incidents, with phishing, legacy code bugs and key compromises driving losses as regulators tighten security demands. Update (April 14, 2026, 11 am UTC): This article has been updated to adjust the total number of hacks and scams in the first quarter to $482 million and the total number of incidents to 44. Web3 projects lost $482 million to hacks and scams in the first quarter of 2026, while multi-billion-dollar “mega hacks” gave way to a larger number of mid-sized incidents, according to blockchain security company Hacken. According to Hacken’s Q1 2026 report, phishing and social engineering attacks dominated the period, accounting for $306 million in losses in a quarter that saw 44 incidents overall. A single $282 million hardware wallet scam in January was responsible for more than half of the quarter’s damage. Read more
UK Liberal Democrats called on the FCA to examine Nigel Farage’s promotion of Stack BTC as scrutiny grows over crypto conflicts and political donations. UK Liberal Democrats have urged the Financial Conduct Authority (FCA) to investigate Nigel Farage’s involvement with Bitcoin treasury firm Stack BTC following a promotional video and disclosed shareholding. In a letter to the FCA, Liberal Democrat deputy leader Daisy Cooper asked the regulator to investigate whether Farage breached market rules by appearing in a promotional video for Stack BTC while holding a financial stake in the company. “The FCA must investigate whether Farage’s plans to cash in on Crypto could potentially amount to market abuse and a conflict of interest,” she wrote, adding that “we cannot allow political leaders to treat the financial markets like a personal piggy bank to potentially line their own pockets.” Read more
OneCoin was launched by Ruja Ignatova and Karl Sebastian Greenwood in Bulgaria. Ignatova has been missing since 2017, and Greenwood was sentenced to 20 years in prison. The US Department of Justice has launched a compensation process for victims of the $4 billion crypto Ponzi scheme OneCoin, using forfeited assets taken from some of the scheme's architects. The Justice Department said on Monday that more than $40 million in forfeited assets is available to compensate anyone who purchased OneCoin between 2014 and 2019 and recorded a net loss. Jay Clayton, the US Attorney for Manhattan, said the compensation process was “an important step toward returning funds to those harmed.” Read more