July 9th, 2026 – SAN FRANCISCO, CALIFORNIA Kresus, the self-custody wallet designed to simplify digital asset ownership, today announced Kresus Inheritance. With millions of bitcoin already lost forever, Kresus’ new subscription service lets self-custody users securely pass on digital assets after death. This new service lets users create a secure succession plan for their cryptocurrency …
Category archives: Trending Crypto news
Scammers Drain $68,000,000,000 From 15,100,000 Americans in 2025, According to Gallup Survey
A Gallup survey reveals that millions of Americans were targeted by scammers last year, ultimately leading to tens of billions of dollars in losses. In the United States of Scams: The Financial and Emotional Fallout report, Gallup says that about 6% of US adults, or about 15.1 million Americans, lost money to scammers last year. …
Insurance Managing Firm Hit With Massive Data Breach, Potentially Exposing Records of 6,900,000 People
AssuranceAmerica, an insurance-related company handling customer records, revealed a massive data incident involving millions of customer records. The Atlanta-based firm confirms the cybersecurity attack impacting the personal and driver’s license information of 6.9 million people, reports TechCrunch. In a notice to customers, AssuranceAmerica says an unauthorized party infiltrated its systems, accessed files and stole customer …
Bybit PWM BTC Funds Post 4.9% Growth in 60-Day Annualized Return as Bybit Expands BTC Yield Suite for Holders
July 9th, 2026 – Dubai, United Arab Emirates class=”ql-align-justify”> Bybit, the world’s second-largest cryptocurrency exchange by trading volume, reported that Bybit’s Private Wealth Management (PWM) BTC fund products have recorded a comprehensive annualized return of approximately 4.9% over the past 60 days, with select individual funds delivering 30-day annualized percentage rates exceeding 40%. Through its BTC-invested, …
Hong Kong regulator orders new anti-phishing measures for crypto platforms
Hong Kong’s regulator has ordered crypto platforms and online brokers to meet newly issued phishing-resistant login requirements within the next 12 months. The Hong Kong Securities and Futures Commission (SFC) on Thursday issued new requirements for phishing-resistant authentication methods for virtual asset trading platforms (VATPs) and online brokers in the special administrative region. The new …
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Bitcoin’s quantum dilemma: Bigger blocks or STARK proofs?
Dealing with large post quantum signatures slowing down Bitcoin can be solved with bigger blocks, or aggregating signatures using STARK proofs. ZK STARKs are the best way to deal with the issues created with making Bitcoin quantum-safe — and to reach mass adoption at the same time — says StarkWare co-founder Eli Ben-Sasson. What’s more, …
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Sony Bank gets US regulator nod to issue stablecoins
Sony Bank received preliminary approval from the Office of the Comptroller of the Currency to establish a US stablecoin issuance business, with $40 million in starting capital. Sony Bank, a subsidiary of Sony Financial Group, said it’s received preliminary approval to establish a new US national trust bank subsidiary that will issue US dollar-denominated stablecoins. …
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Interpol operation exposes $122M crypto wallet tied to romance scam laundering
Interpol said a suspect’s crypto wallet processed over $122.5 million in 10 months as authorities uncovered the scheme during a global anti-fraud operation that led to 5,811 arrests. A crypto wallet linked to a suspected romance-scam money launderer processed more than $122.5 million in 10 months, according to Interpol, as authorities expanded a global crackdown …
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Virginia Man Loses $9,888 After Hackers Access His Wells Fargo Account, Transfer Funds to China
A Spotsylvania, Virginia, resident says hackers initiated an unauthorized wire transfer to steal nearly $10,000 from his retirement savings held at Wells Fargo. Jesse Combs, a longtime Wells Fargo customer, says he had never experienced a security issue with his account until May 29th, when he received an email notifying him that a $9,888 wire …
Quantum Computing Threat Prompts Crypto Firms to Prepare Post-Quantum Defenses
Cryptocurrency firms are developing plans to upgrade networks with quantum-resistant cryptography following advances suggesting quantum computers could break existing encryption sooner than expected. Google’s research indicates quantum computers capable of breaking encryption could arrive by 2029, reports Reuters. Today’s computers lack the power to work backward from a public key to uncover the private key …
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Bank of Korea stands firm on bank-led stablecoin push as deposit token pilots advance
The Bank of Korea reiterated its call for bank-led won stablecoin issuance while advancing deposit token pilots, as issuer rules remain a sticking point in South Korea’s digital asset bill. The Bank of Korea (BOK) has doubled down on its stance that won-denominated stablecoins should first be issued through bank-led consortiums. According to local reports …
SWIFT launches blockchain ledger with 17-bank tokenized deposit pilot
SWIFT launched its new blockchain ledger that will host a tokenized bank deposit pilot for 17 major banks seeking faster cross-border payments. The world’s largest financial messaging network, SWIFT, said its blockchain-based ledger is ready for initial use after nine months of development. Seventeen major banks, including HSBC, Citi, BNP Paribas, UBS, ANZ, DBS and …
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Regulators invited Binance to seek new licenses after MiCA setback, co-CEO says
Binance is exploring new licensing paths into Europe while continuing to expand its regulatory footprint in Asia, says co-CEO Richard Teng. Binance is in talks with regulators that have invited the exchange to apply for crypto licenses following its withdrawal from the Markets in Crypto-Assets Regulation (MiCA) application in Greece, according to co-CEO Richard Teng. …
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Russia’s largest private bank Alfa-Bank tests crypto trading
Alfa-Bank is testing cryptocurrency trading for qualified investors as Russia moves toward regulating digital assets and banks prepare new crypto services. Russia’s largest private bank, Alfa-Bank, is reportedly preparing to offer cryptocurrency services as the country continues developing a legal framework for the digital asset market. Dmitry Vitman, chief operating officer of Alfa-Bank’s corporate and …
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Wyden urges Senate leaders to keep dev protections in crypto bill
Senator Ron Wyden has called on Senate leaders to ensure the Blockchain Regulatory Certainty Act remains in the CLARITY Act when it is brought to the floor. US Democratic Senator Ron Wyden has urged Senate leaders to ensure that crypto developer protections stay in the crypto market structure legislation that lawmakers are looking to pass …
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