London Man Gets 2.5 Years for SIM-Swap Crypto Theft
The defendant pleaded guilty on 28 September, ten days before sentencing, to conspiracy to commit fraud and transferring criminal property. A 25-year-old man has been jailed for two and a half years for his involvement in SIM-swap fraud, which…
DWF Labs Takes Bitgo to Court Over $141M Token Lock-up Dispute
Key Takeaways DWF Labs affiliates are seeking $141 million from Bitgo over allegedly premature FF and ESPORTS token sales. Bitgo allegedly moved discounted tokens to exchanges two months before their contractual lock-ups expired. DWF Labs says the early sales damaged…
Dogecoin records $57M net outflows: What’s next?
Dogecoin has recorded approximately $57.2 million in net spot outflows over seven days, with CoinGlass reporting $538.16 million in outflows against $480.96 million in inflows as DOGE fell nearly 9% during the week. Summary Dogecoin recorded $538.16 million in weekly…
Ledger Confirms Hardware Implant as Tampered Wallet Reports Allegedly Spread to Europe
The company confirmed physical tampering in at least one affected device. In addition, reports emerged that the incident has spread to Europe. After reports emerged of a potential theft of over $80 million in crypto from its devices, Ledger…
Russia’s Moscow Exchange Pilots Crypto Trading for December Launch
Key Takeaways Russia’s Moscow Exchange plans to launch regulated cryptocurrency trading services on December 1. Unqualified investors will face tight investment caps and be restricted to trading BTC, ETH, and USDT. Officials expect the move to repatriate offshore funds, though…
IMF warns tokenized stocks are 1.5 times more volatile
The International Monetary Fund has found that tokenized stocks experienced approximately 1.5 times the volatility of traditional shares, even as more than half of transactions occurred outside regular U.S. trading hours and 80% involved less than one share. Summary IMF…
Bitcoin ETF Weekly Outflows Hit 3-Month High, Ethereum Funds Extend Losing Streak
The financial vehicles tracking the largest altcoin have not seen a green day since September 28. The spot exchange-traded funds tracking bitcoin experienced their worst week in terms of outflows since the end of June, which became one of…
Bitcoin Price Eyes $85K, but Momentum Has Yet to Show Up
Key Takeaways Bitcoin’s price trades near $83,770, with resistance between $83,900 and $84,200 limiting its latest recovery. Bitcoin’s RSI sits at 52, while negative momentum signals suggest the rebound still lacks confirmation. Bitcoin remains above its longer-term averages, but losing…
Ledger confirms hidden chip in crypto wallet amid $92M…
Ledger has confirmed finding an unauthorized hardware implant inside one customer’s cryptocurrency wallet during its October 10 investigation into reported thefts involving Southeast Asian reseller CryptoBilis, as blockchain researchers estimate suspected losses exceeding $86 million. Summary Ledger confirmed an unauthorized…
Ripple ETFs Defy Crypto Slump With Another Green Week but XRP Price Sinks
XRP rebounded from the recent lows but it’s still down by over 7% weekly. The past week didn’t go well for the entire cryptocurrency market, with prices falling to local lows after BTC was rejected at $87,000 and dragged…
