We Are About to Enter the Golden Age of Crypto – Op-Ed Bitcoin News
The article discusses how the GENIUS Act’s passage signals US regulatory clarity for crypto, fostering stability and capital inflows, marking a potential golden age for cryptocurrency.
Israeli Man Accused of Spying for Iran in Exchange for Crypto
Israeli authorities arrested a 27-year-old man for allegedly spying for Iran in exchange for cryptocurrency. He reportedly gathered intelligence and received crypto payments, highlighting digital currency risks in espionage.
Crypto Scam Markets Thrive Again After Telegram’s Cleanup Attempt: Report – Decrypt
Crypto scam markets on Telegram rebounded quickly after Huione Guarantee’s ban, with Tudou Guarantee and others processing billions in illicit USDT transactions, per Elliptic’s report.
Fed cuts ‘reputational risk’ scrutiny used to ‘assassinate’ crypto firms
The US Federal Reserve will no longer use ‘reputational risk’ in bank oversight, a move welcomed by crypto firms that faced debanking. Critics warn it may increase financial risks.
Israeli Man Accused of Spying for Iran in Exchange for Crypto – Decrypt
Israeli authorities arrested a 27-year-old man for allegedly spying for Iran in exchange for crypto payments. Two others were detained for similar activities amid rising cyberattacks linked to the Israel-Iran conflict.
Senator Adam Schiff Moves to Ban Presidents and Families From Profiting Off Crypto
Senator Adam Schiff introduced the COIN Act to prevent US presidents and their families from profiting off crypto, requiring disclosures for sales over $1,000 and imposing penalties for violations.
Fake Crypto Academy Swindles Florida Investor Of Nearly $1 Million In Life Savings
A Florida investor lost $860,000 to a fake crypto trading school, Alpha Stock Investment Training Center, and a fraudulent exchange, CoinBridge. The scam lured him with small wins before draining his funds, leading to a lawsuit.
Huione marketplace death sprouts 30 more in its place: Elliptic
After Huione Guarantee’s shutdown, 30+ Telegram darknet markets emerged, with Tudou Guarantee doubling users and capturing Huione’s transaction volume, per Elliptic’s report.
FTX fights back against 3AC’s ‘unreasonable and unsupportable’ $1.53B claim
FTX disputes Three Arrows Capital’s $1.53B claim, calling it baseless. FTX argues 3AC’s losses were self-inflicted due to risky trades and ignored margin calls, not FTX’s actions. The exchange seeks to protect legitimate creditors.
Coinbase Crypto Scam: $4M Gambled Away, ZachXBT Exposes
ZachXBT exposed a $4M Coinbase scam where fraudsters posed as support staff, tricking users into sharing seed phrases. Over 30 victims lost funds, highlighting security gaps and the need for vigilance.
