Federal investigators seized more than $25 million in cryptocurrency through five investigations into international fraud schemes linked to thousands of victims worldwide. Authorities are pursuing forfeiture while tracing overseas laundering networks and identifying the scammers involved. Five Investigations Target Millions in Stolen Crypto The U.S. Attorney’s Office for the District of Columbia and the U.S. …
Monthly archives: July 2026
A Quantum Computer Could One Day Break Crypto Security — Coinbase Is Preparing Now
Coinbase is warning that the crypto industry needs to prepare for a post-quantum future, developing post-quantum custody technology while contributing engineers and funding to network security efforts. The company says uncertainty remains over when quantum computers could threaten digital assets, making early preparation essential. Coinbase Warns Crypto’s Protection Could Eventually Break Crypto exchange Coinbase (Nasdaq: …
Robert Kiyosaki Reinforces Crash Warning — Foresees Many Wiped out Amid ‘Bankrupt’ US Economy
Robert Kiyosaki warns that a global crash and what he calls a “bankrupt” U.S. economy could wipe out many investors, while rising debt, weakening bonds, China’s ascent, and AI layoffs deepen financial instability. Robert Kiyosaki Warns Many Could Be Wiped Out Rich Dad Poor Dad author Robert Kiyosaki intensified his warnings about the global financial …
Binance ‘red teams’ its own staff every month to keep hackers out
Binance regularly tests its employees for security hygiene, with social engineering becoming a major source of industry breaches.
$170,000,000 in Free Money Coming to 140,000+ Massachusetts Residents To Pay Off Medical Debt
More than 140,000 Massachusetts residents are having medical debt partially paid or completely wiped out through a nonprofit initiative that will eliminate over $100 million in unpaid healthcare bills. Atrius Health Equity Foundation is teaming up with Undue Medical Debt and the Massachusetts Health & Hospital Association to erase $170 million in unpaid medical debt …
Scammers Drain $50,327 From Florida Woman After Posing As JPMorgan Chase Representatives
A Florida woman says she lost more than $50,000 after fraudsters posing as Chase Bank employees convinced her that her accounts had been compromised. Plant City resident Dahiana Ponce says she received a phone call on the morning of July 9th from someone claiming to represent Chase Bank, reports WFLA News Channel 8. “Around 9:19, …
Amazon Paying $2,500,000,000 Over Allegations Prime Customers Were Enrolled Without Consent – Here Are the Eligibility Requirements
Amazon Prime customers who may qualify for a payment from the company’s $2.5 billion settlement with the Federal Trade Commission (FTC) have until Monday, July 27th, to submit a claim. The settlement resolves the 2023 FTC lawsuit that accused Amazon of pushing tens of millions of customers into Prime subscriptions without proper consent and creating …
Charles Hoskinson: Ethereum Is Copying Cardano’s EUTXO Model Without Credit
Cardano founder Charles Hoskinson has yet again accused Ethereum developers of adopting Cardano’s Extended Unspent Transaction Output (EUTXO) architecture after an Ethereum Foundation researcher proposed a new native UTXO payment model recently. A New Ethereum Proposal Reignites an Old Feud Ethereum Foundation researcher Toni Wahrstätter published a proposal introducing native unspent transaction outputs (UTXOs) as …
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U.S. Spot Bitcoin, Ethereum ETFs Post Net Outflows as Institutional Demand Cools
TL;DR U.S. spot Bitcoin ETFs recorded $240 million in net outflows on July 24. Spot Ethereum ETFs lost $70.62 million, ending a five-day inflow streak. The combined withdrawals totaled more than $310 million in a single trading session. ETF flows remain a key indicator of institutional demand for digital assets. Institutional demand for cryptocurrencies weakened …
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Robinhood in talks with Crypto.com over prediction markets: WSJ
While prediction market companies in the US continue to face legal battles between state and federal authorities, Robinhood is reportedly considering expanding its services. The company behind the cryptocurrency and stock trading app, Robinhood, is reportedly discussing plans to expand its existing prediction markets offering with crypto exchange Crypto.com. According to a Friday Wall Street …
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Bitcoin advocacy group to join US State Department’s ‘digital freedom’ program
The Bitcoin Policy Institute and three partner organizations will be able to send employees to work alongside State Department officials to address issues including digital freedom. The US Department State Department has launched a program to “advance diplomatic efforts on digital freedom and freedom of expression” using a Bitcoin (BTC) advocacy organization as a partner. …
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Wise to resubmit US charter application under GENIUS Act
The OCC denied the UK company’s application this week citing AML/CFT risks, despite approving similar charters for digital asset companies in the last year. Update (July 25, 4:39 pm UTC): This article has been updated to include a response from Wise. Payments company Wise will to change its strategy for applying for a charter license …
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North Korea arrests bank hacking ring tied to crypto laundering: Report
Daily NK reported that North Korea arrested former state cyber operators accused of hacking two state banks and laundering funds through crypto. North Korean authorities have reportedly arrested a group of former state cyber operators and IT specialists accused of hacking two state banks and laundering stolen funds through cryptocurrency. South Korean outlet Daily NK …
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From Pasture to Blockchain: How Tokenized Cows Are Revolutionizing Agricultural Finance in Brazil
A pioneering transaction involving a cattle herd valued at nearly $24K allowed a Brazilian farm to use this value as collateral, tokenizing each cow using technology provided by Cowmed to monitor each animal’s health in real time, with each animal being classified as a receivable. Tokenized Cattle Loans Debut in Brazil Tokenization is enabling more …
Sam Altman’s World Foundation Pulls $52.5M as Pantera Backs Global World ID Expansion
World Foundation raised $52.5 million in a strategic WLD token sale led by Pantera Capital, with participation from Bain Capital Crypto, Eightco Holdings, Selini Capital, and Susquehanna Crypto. Strategic Investor Backing World Foundation announced July 24 that it has raised $52.5 million in an initial funding round through a strategic sale of its native WLD …