Strategy authorizes Bitcoin sales, Open USD takes on USDT and USDC, Fidelity defends Bitcoin security and crypto ramps up political spending for 2026. For years, Michael Saylor’s Strategy built its brand around a simple mantra: Buy Bitcoin. Never sell. This week, that narrative changed. The company authorized up to $1.25 billion in Bitcoin sales under …
Continue reading “Crypto Biz: Bitcoin maximalism meets the realities of capital markets”
Bitcoin set new highs for July after the Dow Jones and global stocks market cap set new all-time highs before the US Independence Day holiday. Bitcoin (BTC) saw new July highs on Friday as bulls kept pushing over the US holiday period. Key points: Read more Go to Source
A retired Florida grandmother has lost more than $60,000 from her Citibank accounts in a matter of hours. The funds she and her husband saved over 40 years through hard work and sacrifice vanished via unauthorized wire transfers to someone named ‘Jada H.’, reports WINK News. Dolores Dagrosa says she discovered the missing money upon returning …
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A West Virginia woman has been arrested on 127 counts of fraud after allegedly draining nearly $18,000 from a victim’s bank account through unauthorized access. West Virginia State Police launched an investigation after the victim reported repeated unauthorized withdrawals totaling approximately $18,000 over several months, reports WSAZ News. Detectives traced the activity to 37-year-old Ashley …
A railroad company is now sending payments from a $265 million settlement fund to residents impacted by a catastrophic train derailment in Ohio. The lawsuit targeted the railroad for the February 3rd, 2023, derailment of a train and the subsequent controlled burn of vinyl chloride-laden railcars. Plaintiffs accused the railroad of negligence in track maintenance …
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A New York-based firm is preparing to pay workers a total of $162 million in a proposed class action settlement. Public Partnerships LLC agreed to the proposed $162 million settlement in Calderon et al. v. Public Partnerships LLC, according to court filings. The lawsuit was launched because the firm, which handles payroll and benefits for …
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Upbit said it only expressed interest in potentially joining the OpenStandard ecosystem in the future, as several South Korean firms distanced themselves from the OUSD initiative. South Korean crypto exchange Upbit said it is not participating in the issuance of Open USD, after its operator Dunamu was named among more than 140 businesses involved in …
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ESMA publishes its first post-deadline MiCA register update, adding 37 crypto-asset service providers, including Standard Chartered and FalconX. The European Securities and Markets Authority (ESMA) has published the first update to its register of crypto companies under the European Union’s Markets in Crypto-Assets Regulation (MiCA) after the transitional period ended Wednesday. Friday’s update to the …
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Shielded Labs said exchanges, mining pools and wallets may need more time to complete Zcash’s Z3 software migration and safely prepare for Ironwood. Shielded Labs has raised the possibility of delaying Zcash’s Ironwood network upgrade, warning that ecosystem participants like exchanges, mining pools and wallets may not have enough time to prepare their systems for …
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Bitcoin supply dynamics pointed toward the end of the 2026 bear market after the first “buy” signal since November 2022, but analysis warned that BTC price could still go lower. Bitcoin (BTC) has added another bear-market bottom signal this month as analysis draws comparisons to November 2022. Key points: Read more Go to Source
A man has admitted to stealing over $85,000 from people’s bank accounts on the East Coast. Scott Bagley of Bangor, Maine, has pleaded guilty to conspiring with others to impersonate legitimate bank account holders to obtain money from their accounts, says the U.S. Department of Justice. The scheme involved accessing and draining funds from multiple …
A Florida medical clinic is preparing to pay affected individuals a total of $10 million in a proposed class action settlement. The clinic has agreed to the resolution covering claims related to a data security incident, according to the official settlement website. The lawsuit was launched alleging the clinic failed to adequately protect sensitive patient …
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A man in Massachusetts is heading to prison for bank fraud involving the theft of over $700,000 in U.S. Treasury checks. Nnamdi Opara, 31, of Woburn, pleaded guilty to two counts of bank fraud and five counts of money laundering, says the U.S. Department of Justice. Opara “wrongfully obtained” two Treasury checks issued to a …
The Indian central bank reportedly urged lawmakers to keep banks insulated from crypto and private stablecoins while preserving room for regulated tokenization. The Reserve Bank of India (RBI) reportedly backed a containment strategy for digital assets to shield banks and other financial institutions from exposure to crypto and privately issued stablecoins, as lawmakers prepare a …
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Irish authorities recovered 500 Bitcoin in criminal proceeds, bringing the total seized by the Criminal Assets Bureau to about $92 million in BTC for 2026. Ireland’s Criminal Assets Bureau (CAB) confirmed the seizure of another 500 Bitcoin, currently worth about 27 million euros ($30.9 million), in collaboration with Europol’s European Cybercrime Centre. That brings the …
Continue reading “Irish authorities seize another 500 Bitcoin, bringing 2026 total to 1,500 BTC”
