Crypto

A Belgian court has sentenced three individuals to 12 years in prison for their involvement in the crypto investor’s wife kidnapping, ordering over 1 million euros in damages. The post Belgian Court Jails Trio 12 Years for Crypto Investor’s Wife Kidnapping—Masterminds Still at Large appeared first on Cryptonews.

Australian authorities busted a $123-million crypto fraud. The scheme used seemingly legit businesses for crypto money laundering. Australian authorities exposed a crypto crime organization that allegedly laundered $123 million. Four suspects are charged in connection with the scheme. The discovery is the outcome of an 18-month crypto investigation by Australian authorities. Members of the Australian Federal Police, Queensland Police Service and Australian Criminal Intelligence Commission, along with many other agencies, joined forces to investigate suspicious transactions back in December 2023. Read more

Former Binance CEO Changpeng (CZ) Zhao’s YZi Labs has invested in Digital Asset, the institutional blockchain platform Canton Network developer. YZi Labs joins a $135 million Series E round that was first announced on June 24 and includes participation from finance incumbents like Goldman Sachs, Citadel Securities, DRW, and the Depository Trust & Clearing Corporation […] The post CZ to merge ‘Wall Street and blockchain’ alongside Goldman, DTCC, Citadel appeared first on CryptoSlate.

FTX’s bankruptcy estate is uncertain whether it is legally entitled to distribute payouts to creditors in countries such as China amid local crypto restrictions. FTX’s bankruptcy estate has raised concerns over payouts to creditors in countries with ambiguous or restrictive cryptocurrency regulations. On Wednesday, the FTX estate filed a motion with the US Bankruptcy Court for the District of Delaware, seeking authorization for the FTX Recovery Trust to freeze distributions to creditors in “potentially restricted foreign jurisdictions.” The jurisdictions — 49 countries in total — have unclear or restrictive crypto laws, potentially posing risks due to complex cross-border legal implications. Read more

Sotheby’s will auction massive Martian meteorite NWA 16788, and is accepting Bitcoin, Ethereum, and USDC bids for a piece of the red planet.

Binance names Gillian Lynch as head of Europe and UK to lead its MiCA compliance and expansion across regulated crypto markets. Binance, the world’s largest cryptocurrency exchange, has appointed Gillian Lynch as its new head of Europe and the United Kingdom, signaling a renewed push to secure regulatory approval across the region. Lynch brings more than 20 years of leadership experience in fintech, banking and digital assets. She previously held senior roles at Gemini, Bank of Ireland and Leveris. The appointment, announced Friday, comes as Binance faces increasing scrutiny in Europe and seeks to align with the European Union’s Markets in Crypto-Assets Regulation (MiCA). Lynch will oversee Binance’s regional strategy, day-to-day operations and regulatory engagements across key European and UK markets. Read more

Senator Lummis proposes a tax-free crypto spending bill as Bitcoin gains 29.7% in Q2. Is BTC heading for mass adoption and $200K by year-end? The post Bitcoin Price Prediction – Senator Lummis Pushes Tax-Free BTC Spending Bill: Is This the First Step Toward Mass Adoption? appeared first on Cryptonews.

A fake GitHub repository posing as a Solana trading bot was used to distribute obscured malware that stole crypto wallet credentials, according to cybersecurity firm SlowMist. A GitHub repository posing as a legitimate Solana trading bot has been exposed for reportedly hiding crypto-stealing malware. According to a Friday report by blockchain security firm SlowMist, the now-deleted solana-pumpfun-bot repository hosted by account “zldp2002” mimicked a real open-source tool to harvest user credentials. SlowMist reportedly launched the investigation after a user found that their funds had been stolen on Thursday. The malicious GitHub repository in question featured “a relatively high number of stars and forks,” SlowMist said. All code commits across all its directories were made about three weeks ago, with apparent irregularities and a lack of consistent pattern that, according to SlowMist, would indicate a legitimate project. Read more

NIP Group, the parent company of esports organization Ninjas in Pyjamas, is hoping to mine 60 BTC a month, worth approximately $6.5 million.

Dogecoin may finally be able to tap into its upside potential with a break above the stubborn resistance that has kept it down since late May. The post Dogecoin Price Prediction – Analyst Flags Major Technical Breakout: Could DOGE Be Gearing Up for a 3x Run? appeared first on Cryptonews.

In the latest episode of Byte-Sized Insight we explore the evolving crypto regulatory strategies of the US, EU and UK with insights from Gemini’s head of Europe. While the European Union and United Kingdom push forward with cautious crypto frameworks, the United States is suddenly emerging as a front-runner in global digital asset policy thanks to a blitz of legislation, political momentum and massive ETF inflows. In the latest episode of Byte-Sized Insight, Cointelegraph head of podcasts Savannah Fortis is joined by Mark Jennings, head of Europe at Gemini, to break down how the US, EU and UK are approaching crypto regulation and what it means for innovation, adoption and investment across the West. “We’ve seen the administration push legislation very quickly as it’s come in this year,” said Jennings. “It became a topic of conversation during the presidential election, and I think it highlights the importance of crypto globally, that it becomes a talking point at that level.” Read more

While the broader crypto market remains subdued, with both Bitcoin and Ethereum posting slight losses, a select group of altcoins have defied the trend, registering substantial gains over the last 24 hours. These market-defying rallies appear disconnected from general market sentiment, instead fueled by project-specific catalysts, including major exchange listings, deflationary tokenomics, and strategic partnerships. […] The post Why a handful of altcoins are surging over 30% as Bitcoin trends sideways appeared first on CryptoSlate.

The “FoxyWallet” malware campaign saw more than 40 malicious extensions impersonating legitimate crypto wallets on the Firefox Add-ons store.

Congress passed the Big Beautiful Bill, Trump’s budget proposal, which could benefit Bitcoin, analysts say. On July 3, the US Congress passed into law the One Big Beautiful Bill Act. President Donald Trump’s bill offers little to the crypto industry, but it could benefit Bitcoin all the same. Trump’s budget proposal passed in the late hours of July 3 entirely along partisan lines; only two Republicans voted against the controversial bill, which will significantly increase the US government’s borrowing ability. It has drawn significant criticism from Democrats and even from current and former Trump allies like Tesla CEO Elon Musk.  Notably absent from the bill were proposed amendments to the cryptocurrency tax code. As the bill worked through the Senate, lawmakers attempted to tack on a number of provisions regarding crypto, but to no avail. Read more

Check out why PI may tumble even more in the short term.

The deal, pending regulatory approval, would give Ondo licenses to operate a broker-dealer, ATS and transfer agent for digital securities in the U.S.

Coinbase called Oregon’s lawsuit a “regulatory land grab,” but the state says it’s a “quintessential state law action.”

Bitcoin had a relatively strong week, which helped it end the second quarter with almost 30% gains and trading around $109,000 by July 4th – pretty close to its all-time highs. The price briefly dipped to around $105K midweek following the Senate’s approval of Donald Trump’s massive budget legislation but it was quick to rebound. […]

Bitcoin whales awoke after 14 years of dormancy, having held their BTC since it was trading below $0.78 a coin in 2011. Bitcoin whales have reawakened after 14 years of patiently holding the world’s first and largest cryptocurrency, transferring billions of dollars in value. A Bitcoin wallet “12tLs” transferred 10,000 Bitcoin (BTC) worth over $1 billion after 14 years of holding the assets on Thursday. The mysterious whale initially received the 10,000 BTC on April 3, 2011, when Bitcoin traded for about $0.78 a coin, according to blockchain data shared by Lookonchain in a Friday X post. Read more

RUBx, based on the Tron blockchain, will be anchored to the Russian ruble and integrated with the country’s banking system.