Manhattan Crypto Investor Charged in Violent Bitcoin Extortion Plot
A 37-year-old crypto investor faces felony charges for allegedly kidnapping and torturing a man in Manhattan to steal his Bitcoin. The victim escaped after weeks of abuse, leading to the arrest.
How the Crypto Industry Is Responding to the CFTC’s Call on Perpetuals – Decrypt
Crypto industry leaders advocate for U.S. regulation of perpetual futures, highlighting their dominance in derivatives trading and potential to revolutionize markets if properly overseen by the CFTC.
Crypto Investor Charged With Kidnapping, Torturing Man in NYC Over Bitcoin Password – Decrypt
A crypto investor was arrested in NYC for kidnapping and torturing a man to access his Bitcoin wallet. The victim escaped after weeks of captivity, highlighting rising violent crypto thefts.
Banking groups ask SEC to drop cybersecurity incident disclosure rule
US banking groups urge SEC to revoke cybersecurity disclosure rules, citing conflicts with confidential reporting and risks of aiding criminals, impacting public crypto firms like Coinbase.
Coinbase faces another data breach lawsuit claiming stock drop damages
Coinbase faces a class-action lawsuit over stock price drops linked to a data breach and alleged undisclosed UK regulatory agreement violations, causing investor losses.
Pakistan Turns Up The Heat On Bitcoin Mining With 2,000MW Power Allocation
Pakistan allocates 2,000MW of surplus power to Bitcoin mining and AI centers, offering tax breaks to attract foreign investment and boost its digital economy while addressing environmental concerns.
South Korea’s Biggest Party Urges ‘Expedited KRW Stablecoin Rollout’
South Korea’s Democratic Party urges fast-tracking a KRW stablecoin to compete with USD-pegged coins like USDT and USDC, aiming to secure a global position in the stablecoin market.
Tether to issue separate stablecoin for U.S. despite ‘getting comfortable’ with the Genius Act, CEO says
Tether plans to create a separate U.S. stablecoin while maintaining USDT for emerging markets. The company supports the GENIUS Act but criticizes Europe’s MiCA regulation for its reserve requirements.
Over $200M in Assets Seized in Historic DOJ-Led Operation Targeting Fentanyl Traffickers
The DOJ-led Operation RapTor seized over $200M in assets and arrested 270 individuals involved in fentanyl trafficking. International collaboration targeted darknet markets, confiscating drugs and firearms.
XRP ETF Approval Odds Soar 13% Despite US SEC Delay
XRP ETF approval odds rise to 83% despite SEC delays, with analysts predicting October decisions. Ripple’s CEO supports ETF growth, while the first XRP futures ETF launches on Nasdaq.
