News BTS
Brazilian funds could get the green light to invest in crypto and buy Bitcoin (BTC) if parliament approves a lawmaker’s draft private member’s bill. The bill, uploaded to the Brazilian parliament’s official website, is the brainchild of Adriana Ventura. Could Bill…
South Korean police have arrested 90 people on suspicion of using crypto to help them sell drugs in “bars and clubs all over the country.” Per the South Korean news outlet Money Today, the suspected gang members are all Vietnamese nationals.…
The global ransomware landscape saw a huge shift in 2024, with total ransom payments decreasing by approximately 35% year-over-year, according to a Chainalysis report. In our latest preview chapter for the 2025 Crypto Crime Report, we look at how the ransomware…
Blockstream, a Bitcoin-based financial infrastructure firm co-founded by Adam Back, announced on Wednesday it has expanded its international presence with the launch of a new office in Tokyo. EXCLUSIVE: @Blockstream has opened a new office in Tokyo as it expands in…
Healthcare technology firm Semler Scientific has expanded its Bitcoin holdings, acquiring 871 BTC for $88.5 million over the past few weeks. According to a Feb. 4 press release, Semler purchased Bitcoin between Jan. 11 and Feb. 3 at an average price…
The US Securities and Exchange Commission (SEC) is reportedly downsizing its crypto enforcement unit of over 50 lawyers and staff. Per a New York Times report, the members are reassigned to other departments in the SEC, sources noted. The unnamed sources…
An Ohio state senator has introduced a second bill aimed at creating a Bitcoin reserve fund, positioning the state as a leader in cryptocurrency adoption. Senate Bill 57 (SB 57), introduced by Senator Sandra O’Brien on Jan. 28, was referred to…
President Donald Trump on Monday, signed an executive order for the creation of the nation’s sovereign wealth fund. The move has already sparked curiosity over potential Bitcoin acquisitions. The executive order directs US treasury and commerce departments to deliver a plan…
Coinbase on Tuesday called on US banking regulators to clarify or update their stance on banks offering crypto services and partnering with digital asset companies. The exchange aims to spur banks to partner with crypto companies, as these collaborations could accelerate…
Andean Medjedovic, a Canadian national, has been charged with defrauding DeFi protocols KyberSwap and Indexed Finance out of $65 million, a February 3 press release from the United States Attorney’s Office of the Eastern District of New York reveals. KyberSwap, Indexed…
More Seoul districts will seize and liquidate crypto from citizens who fail to pay their local taxes, as South Korea’s regions step up a nationwide crackdown. The South Korean media outlet EDaily reported that Gwanak, a district in Southern Seoul, will…
A representative of FTX creditors, Sunil, has confirmed that repayments for claims under $50,000 will begin at 10:00 a.m. Eastern Time on February 18, 2025. FTX Repayments: 18 Feb 2025 Funds available from 10am ETFTX Claims < $50k FTX Creditors in…