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Metaplanet's Bitcoin stash exceeds $700 million
May 12,2025
Japanese investment firm Metaplanet now holds 6,796 BTC, worth approximately$707 million, surpassing El Salvador in Bitcoin holdings. On 12 May, the firm added 1,241 BTC, investing$129 million at current prices. Metaplanet, which began its Bitcoin st...
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Trump's crypto ventures delay stablecoin and crypto policy progress
May 12,2025
Discussions about the conflict of interest surrounding US President Donald Trump's crypto ventures are delaying crypto legislation. Democrats are blocking the stablecoin bill, the GENIUS Act, to prevent Trump from profiting off crypto. Ryan Gilbert, ...
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E34 million in crypto seized from eXch for facilitating money laundering
May 12,2025
German authorities have seized cryptocurrency and server infrastructure worth E34 million ($37.4 million) from the now-defunct eXch crypto exchange. Prosecutors allege the platform operated without proper licences, facilitating money laundering for N...
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SEC official says crypto ETF process was mishandled
May 09,2025
The head of the US SEC Crypto Task Force, Hester Peirce, criticised the way the agency handled the approval process for spot Bitcoin ETFs. She described the process as 'terribly mismanaged.' Speaking on Bloomberg's Trillions podcast, she sa...
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New EU regulation to track crypto transfers and ban privacy coins
May 09,2025
The European Union is set to introduce new measures under its Anti-Money Laundering Regulation (AMLR) to track cryptocurrency transfers. The EU aims to gather data on both senders and recipients of funds, expanding transparency within crypto-asset se...
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Meta plans new blockchain-based payment system
May 09,2025
Meta is assessing the use of stablecoins to facilitate cross-border payments. The company is particularly focused on low-cost transfers for digital content producers on platforms such as Instagram. The move reflects a renewed interest in integrating ...
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LockBit ransomware platform breached again
May 09,2025
LockBit, one of the most notorious ransomware groups of recent years, has suffered a significant breach of its dark web platform. Its admin and affiliate panels were defaced and replaced with a message linking to a leaked MySQL database, seemingly ex...
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US Senate blocks stablecoin regulation bill
May 09,2025
The US Senate voted against advancing the GENIUS Act on Thursday, which sought to regulate stablecoins. The vote, which was 48-49, failed to secure the 60 votes needed to begin formal debate, signalling a setback for the crypto industry's regulatory ...
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Xapo Bank introduces Bitcoin-backed loans for long-term holders
May 08,2025
Xapo Bank's CEO, Seamus Rocca, sees Bitcoin-backed loans as the next logical step as investor confidence grows. As Bitcoin's price hovers between$95,000 and$97,000, more investors are choosing to borrow against their BTC instead of selling it. Xapo B...
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LockBit ransomware Bitcoin addresses exposed
May 08,2025
Nearly 60,000 Bitcoin addresses linked to LockBit's ransomware operations have been exposed following a major breach of the group's dark web affiliate panel. The leak, which included a MySQL database dump, was shared publicly online and could assist ...
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Bitcoin advisor to Trump launches new investment company
May 08,2025
David Bailey, the CEO of BTC Inc. and a senior crypto adviser to Donald Trump, has raised$300 million to launch a publicly traded Bitcoin investment firm. The venture, called Nakamoto, is named after Bitcoin's mysterious creator and will focus on acq...
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G7 to address North Korea's role in major crypto hacks
May 08,2025
Leaders of the Group of Seven (G7) nations are set to tackle North Korea's ongoing cyber threats, particularly its involvement in large-scale cryptocurrency hacks. The agenda will reportedly focus on the regime's use of stolen crypto funds to finance...
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