Residents in one part of Washington state have lost more than $673,000 to scams in just three days. The Clallam County Sheriff’s Office says an 84-year-old victim lost $420,000 after scammers impersonating Microsoft and the FTC convinced the person to buy gold and hand it over. Another person lost $50,000 via a phishing email that …
Category archives: Trending Crypto news
Scammers Drain $3,500,000,000 From US Bank Accounts in One Year As Imposter Scams Explode: FTC
Americans lost a staggering $3.5 billion to imposter scams in 2025, according to new data from the Federal Trade Commission. Of that total, people reported losing nearly $1 billion to business impersonators, with the highest reported losses tied to criminals pretending to work for banks. Scams often begin with fake security texts and calls claiming …
Deribit and SignalPlus Launch The Island Trading Competition With Up to $600,000 USDC in Prizes
July 6th, 2026 – Panama City, Panama Deribit by Coinbase, via its broker-dealer DRB Panama Inc., and SignalPlus, a leading provider of software and infrastructure solutions for crypto derivatives, today announced the launch of The Island, their fifth trading competition and biggest edition to date. Running for 35 days, the competition features up to $600,000 …
Dormant $1.9M Bitcoin tied to New York lawsuit moves after nearly 15 years
A Bitcoin address dormant for nearly 15 years moved $1.9 million in BTC as a New York lawsuit seeks ownership of thousands of inactive holdings. A dormant Bitcoin address transferred 30 BTC worth about $1.88 million for the first time in almost 15 years. Bitcoin address “1KV47” made its first outgoing transfer on Saturday since …
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Nigel Farage accepted gifts from crypto-linked fraudster: Report
Before he was an MP, Nigel Farage was reportedly gifted staff, security and other benefits from George Cottrell, a convicted fraudster involved in a crypto casino. Reform UK leader Nigel Farage reportedly accepted gifts that he did not publicly disclose from a crypto entrepreneur convicted of fraud in the US, according to The Sunday Times. …
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Trump’s memecoin holders have lost over $3.8B: Report
Nansen analysis shows that just under half a million wallets had profited on Donald Trump’s memecoin, while the large majority of buyers have lost out. Nearly 1 million buyers of Official Trump (TRUMP), US President Donald Trump’s memecoin, have lost a collective $3.8 billion on the token as of the end of June, newly reported …
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Central bankers sound alarms over agentic AI finance risks
“We need to think about new tools and a different way of working with the [AI] market in a more collaborative way,” says Nikhil Rathi, CEO of the UK’s finance watchdog. European regulators and central bankers have warned that rulemaking cannot keep pace with rapid advances in agentic artificial intelligence and have called for guardrails …
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UK Crypto Rulebook Cuts Stablecoin Capital Requirement To 1%
The UK’s crypto rulebook is starting to look more real, and stablecoin issuers now have a clearer idea of what they are dealing with. The Financial Conduct Authority has finalised a major set of cryptoasset policy statements and cut a key proposed capital requirement for stablecoin issuance from 2% to 1%. That may sound like …
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Strategy Still Dominates Corporate Bitcoin, But Treasury Premiums Are Under Pressure
Strategy still sits at the centre of the corporate Bitcoin map. BitcoinTreasuries data shows the company holding 847,363 BTC, keeping it far ahead of other public corporate holders and leaving it as the name every treasury company is measured against. But the market’s focus has changed. Investors are no longer just asking how much Bitcoin …
K Wave’s Bitcoin Exit Shows Treasury Trade Is No Longer One-Way
K Wave Media has become a useful reminder that the Bitcoin treasury trade is not one simple story. The company once presented Bitcoin as part of a larger balance-sheet strategy. Now, after selling its BTC and shifting attention toward artificial intelligence infrastructure, it has effectively shown the other side of the corporate accumulation narrative. That …
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Citi Cuts Bitcoin Target To $82,000 As ETF Demand Weakens
Wall Street’s Bitcoin expectations have taken another hit. Citi has cut its 12-month Bitcoin target to $82,000 from $112,000, pointing to weaker investor appetite, negative ETF flows, and a slower regulatory backdrop in the United States. The move is not just another forecast revision. It shows how much of the institutional Bitcoin thesis still depends …
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CryptoQuant Flags Exchange Deposit Spike As Bitcoin Volatility Risk Builds
Bitcoin’s rebound has not removed the risk of another volatile move. CryptoQuant is warning that exchange deposit activity has picked up across Bitcoin, Ethereum, and altcoins, a pattern that often appears when traders are preparing to move risk around quickly. That does not automatically mean a crash is coming. It does mean the market is …
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Dubai tops Asian crypto hubs, India isolates banks from crypto: Asia Express
Japan’s SBI Crypto shuts down 12th largest Bitcoin mining pool in the world, Russia gears up to launch digital ruble despite EU sanctions, and more: Asia Express. The Indian central bank reportedly urged lawmakers to keep banks insulated from crypto and private stablecoins while preserving room for regulated tokenization. According to a report by The …
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Dubai tops Asian crypto hubs, Taiwan passes crypto laws: Asia Express
Japan’s SBI Crypto shuts down 12th largest Bitcoin mining pool in the world, Russia gears up to launch digital ruble despite EU sanctions, and more: Asia Express.
Bitcoin nears $63.5K into weekly close as trader warns of ‘terrible’ Monday
Bitcoin reached its highest levels in nearly a fortnight over the weekend, but BTC price action faced an “absolutely terrible” Monday track record. Bitcoin (BTC) consolidated near two-week highs into Sunday’s weekly close as traders geared up for fresh market turbulence. Key points: Read more Go to Source