The US Department of Justice filed a civil forfeiture complaint to claim over $24 million in cryptocurrency tied to Qakbot malware developer Rustam Rafailevich Gallyamov.
Adrian Zmudzinski
Adrian Zmudzinski is a cryptocurrency journalist with over 4,000 articles under his belt. His bylines include Coinpectra, Benzinga, Crypto.News, BeInCrypto, VentureBeat. He is passionate about digital rights, privacy, cybersecurity and the cypherpunk principles that resulted in the creation of Bitcoin.
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US DOJ seizes $24M in crypto from accused Qakbot malware developer - News
Genius Group resumes Bitcoin buying after US court ruling Singapore-based AI firm Genius Group has resumed Bitcoin buys after a US court lifted a ban, boosting its BTC treasury by 40% with a 24.5 BTC purchase.
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Hyperliquid backs 24/7 crypto trading in CFTC comments submission Decentralized exchange Hyperliquid has submitted formal comments to the US CFTC supporting 24/7 perpetual derivatives trading.
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Sui DEX Cetus hit by suspected hack: Over $200M in potential losses Sui-based DEX Cetus has been hit by an apparent hack, with onchain data showing rapid asset drainage despite the team portraying the incident as a “bug.”
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Bitcoin tops Amazon market cap on ‘Pizza Day’ as price sets new highs Bitcoin surpassed Amazon in market capitalization, hitting $2.205 trillion and marking a symbolic milestone that experts say could boost mainstream investor confidence.
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AI tool claims 97% efficacy in preventing ‘address poisoning’ attacks Trugard and Webacy have launched a machine learning–powered AI tool to detect crypto wallet address poisoning, claiming a 97% success rate.
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Hong Kong passes stablecoin bill, set to open licensing by year-end Hong Kong's Legislative Council has passed the Stablecoin Bill, paving the way for licensed fiat-backed stablecoin issuers by year-end and positioning the region as a potential global Web3 hub.
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Crypto.com secures EU license to launch crypto financial derivatives Crypto.com has secured a MiFID license to offer regulated crypto derivatives in the European Economic Area, expanding its presence in Europe following earlier MiCA approval.
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Kraken expands in Europe with regulated crypto derivatives Kraken has launched MiFID II-regulated crypto derivatives trading for retail and institutional users in Europe following its acquisition of a licensed Cypriot investment firm.
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India’s Supreme Court urges government to regulate cryptocurrency India’s Supreme Court questioned the government’s failure to regulate cryptocurrencies despite taxing them, warning that Bitcoin and similar assets pose economic risks.
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Bitcoin privacy tool Payjoin receives $100K grant from Maelstrom Maelstrom has awarded Bitcoin developer Ben Allen a $100,000 grant to improve Payjoin, a privacy-focused transaction method that could boost Bitcoin scalability.
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Chinese printer maker spread Bitcoin stealing malware — Report Chinese printer maker Procolored reportedly spread clipboard-hijacking Bitcoin malware via its official drivers in a supply chain attack that led to over $950,000 in stolen funds.
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Strategy adds 7,390 BTC for $765M, gets hit with class-action lawsuit Michael Saylor's Strategy bagged another 7,390 Bitcoin last week as prices rallied above $100,000 and also got hit with a class-action lawsuit, according to the company's latest SEC filing.
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Revolut eyes French license and $1.1B expansion amid EU growth Revolut plans to invest over $1 billion in France, establish an EU headquarters in Paris and apply for a local banking license as it targets rapid expansion in its largest market.
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Apple KYC glitch on Bybit draws swift executive response to recover $100K A glitch affecting Apple ID-based KYC halted a user’s access to $100,000 until a crypto influencer got Bybit’s executive team involved for a swift resolution.
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Bitcoin treasury pivot lifts luxury watchmaker’s stock more than 60% Shares of AsiaStrategy, formerly the luxury watchmaker Top Win, surged over 60% in premarket after announcing a Bitcoin treasury strategy in partnership with Sora Ventures.
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51% attack on Ethereum more difficult than on Bitcoin — Justin Drake Ethereum researcher Justin Drake told Coinpectra that launching a 51% attack on Bitcoin would be “much cheaper” than on Ethereum, estimating the cost at around $10 billion.
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Tether blacklist delay allowed $78M in illicit USDT transfers: Report A delay in Tether’s USDT blacklisting process allowed over $78 million in illicit funds to evade freezing, according to an AMLBot report.
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Bahrain-based AlAbraaj Restaurants adopts Bitcoin treasury strategy AlAbraaj Restaurants Group, a publicly listed Bahraini catering firm, has adopted a Bitcoin treasury strategy with plans to expand into Sharia-compliant finance.
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Pi Network to invest $100M in startups building blockchain apps Pi Network has launched a $100 million fund, Pi Network Ventures, to invest in startups and businesses that drive the adoption and utility of its blockchain ecosystem.
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French minister to meet crypto firms after kidnapping attempt France’s interior minister will reportedly meet with crypto professionals to address rising security concerns after a failed kidnapping targeted the family of Paymium CEO Pierre Noizat.
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Decentralized OORT AI data hits top ranks on Google Kaggle OORT's AI image data set reached Kaggle’s front page in multiple categories, highlighting increasing demand for high-quality, community-sourced training data.
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Kima joins Mastercard sandbox to enable stablecoin card top-ups Kima has integrated with Mastercard’s sandbox program to enable stablecoin top-ups for prepaid cards from self-custody wallets.
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Bitcoin builders defend venture capital's role in layer-2 growth At Token 2049, Bitlayer’s CEO defended VC funding in Bitcoin, arguing that their investment and connections spur protocol and service development.
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Brave adds Cardano blockchain support to browser and Web3 wallet Brave has integrated support for the Cardano blockchain into its native and standalone wallets, enabling direct access to its assets and governance features.
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Trump-linked miner American Bitcoin going public via Gryphon merger Gryphon Digital Mining will acquire American Bitcoin in a stock-for-stock transaction, with the combined entity operating under the American Bitcoin brand.
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Nakamoto Holdings merges with KindlyMD to build Bitcoin treasury David Bailey’s newly founded Nakamoto Holdings has merged with healthcare provider KindlyMD to create a global Bitcoin-native treasury network.
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FTX EU creditors can now withdraw money from Backpack exchange Backpack allows former FTX EU users to reclaim euro balances after KYC verification, following its acquisition of the bankrupt crypto platform's EU arm.
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Institutional investors continue to scoop up Bitcoin above $100K Bitcoin surged past $100,000 on May 8 as institutional investors ramped up ETF inflows, with ARK 21Shares, Fidelity and BlackRock leading the charge.
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Senator Tim Scott slams partisan politics for failed stablecoin bill Senate Banking Committee Chairman Tim Scott blamed the failure of the GENIUS Act on Democrat-led partisan politics.