FTX to distribute $900M to creditors in fifth payment round
The FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from…
Galaxy lands 15-year Texas Tech stadium naming rights deal
Galaxy Digital will rename Texas Tech’s football stadium under a 15year agreement, expanding its West Texas presence as the state attracts growing crypto…
Consensys unknowingly outsourced developer work to North Korean
Through an introduction with a “reputable thirdparty service provider,“ the company took on a developer who, as part of an investigation, was revealed to be…
Crypto Biz: When dollars disappear, stablecoins step in
Bolivia moves to recognize USDT amid a dollar shortage, while Bitcoin miners’ AI ambitions face fresh investor scrutiny. Source：Cointelegraph
HSBC wins Bank of England approval to enter Digital Securities Sandbox
The Bank of England approved HSBC Orion to go live in its Digital Securities Sandbox, with the first Digital Gilt Instrument transaction expected in the first…
SBI acquires Singaporean crypto platform Coinhako after MAS approval
SBI Holdings received regulatory approval to acquire a majority stake in Singaporebased crypto exchange Coinhako as it expands into stablecoins, onchain…
Dutch court declares crypto platform Knaken bankrupt over missing funds
The Rotterdam court said bankruptcy was necessary to ensure an orderly settlement because the company lacked enough assets to fully repay users.…
Stablecoin growth will erode bank deposits, says ECB’s Cipollone
ECB’s Piero Cipollone said stablecoin adoption could erode bank deposits, but the digital euro will keep banks at the center of payments. Source：Cointelegraph
UK sentences 2 hackers tied to $115M crypto ransom scheme
The pair pleaded guilty after investigators linked them to the Scattered Spider cybercrime group, which US prosecutors say extorted dozens of companies.…
ESMA Adds 14 New CASPs to MiCA Register as Licensing Slows
ESMA adds 14 CASPs to its MiCA register, with banks and Ripple Payments Europe among the new entries as total providers reach 294. Source：Cointelegraph
US indicts crypto investor over alleged $20M fraud scheme
Federal prosecutors allege the South Dakota investor used false promises to raise money, repaid earlier investors with new funds and laundered proceeds through…
MacOS malware hijacks Telegram sessions, targets crypto wallets: SlowMist
A macOS malware steals credentials to hijack Telegram sessions, decrypt cryptocurrency wallets or trick users into entering their wallet recovery phrases…