Author: Vickie Helm

ZachXBT alleges that John “Rick” flaunted a wallet tied to the alleged theft of more than $90 million, including seized funds for the U.S. government. According to research shared by ZachXBT, leaked group chat recordings captured a threat actor named “John” screen-sharing wallet balances and moving millions of dollars in cryptocurrencies. John, also known as “Rick,” was arrested after he got into a heated argument with another attacker in a chat group and flaunted about $23 million in cryptocurrencies, according to a prominent on-chain investigator. “A band for a band” was wrong. The dispute reportedly turned into what cybercriminal circles…

The court is expected to announce its decision in March ahead of the October 3 election. Justices most recently upheld the ban in February 2024. Bans on virtual currency donations are becoming difficult to maintain, lawyers say.A judge at Brazil’s Supreme Federal Court is considering banning the use of cryptocurrencies in election campaigns, a sign that reforms are on the horizon in Brazil and abroad, legal experts say.Nuno Marquez, vice president of the court-supervised electoral commission, plans to finalize a comprehensive review of election rules, including a long-standing ban on cryptocurrencies, ahead of October’s general elections, Brazilian media LiveCoins reported.“What…

important notesRipple and Riyadh Bank recently entered into a strategic partnership to explore blockchain. Their goal is to strengthen financial services across Saudi Arabia. This partnership comes after Ripple secured an EMI license in Luxembourg. Ripple Labs, a San Francisco-based blockchain payments company, has signed a major contract with Riyadh Bank in the Middle East. Reece Merrick, Ripple’s Managing Director for the Middle East and Africa, announced the new development on X, saying it is a move aimed at advancing Saudi Arabia’s financial future through blockchain innovation. Jeel considers tokenization with Ripple Ripple’s deal is specifically with Zeal, a subsidiary…

Cryptocurrency traders often give up because they think it will take a long time to make meaningful profits. Between waiting and silence. However, cryptocurrencies have a habit of destroying that belief without warning. History shows that when conditions are right, altcoins will not rise for years. They release and erase years’ worth of drawdowns in a matter of weeks. That memory was highlighted by a crypto critic known as Waterman. Social media platformHe pointed out that the altcoin explosion has a well-known seasonal window from February to late April to early May. Related books Speed ​​is more important than time…

Disclosure: The views and opinions expressed herein belong solely to the authors and do not represent the views and opinions of crypto.news editorials. For more than a decade, cryptocurrencies have been touted as an all-encompassing technology. Unauthorized finance. Open the rail. Global access. Anyone, anywhere with an internet connection. But today, one of the industry’s most famous frontiers, cross-chain activity, is quietly reproducing the very inequalities that cryptocurrencies claim to eliminate. summary Today’s cross-chains value complexity, not comprehensiveness. Fragmentation disproportionately benefits high-ability users while sidelining others, reproducing rather than eliminating inequalities. Complexity has become the new gatekeeper. Cognitive load, technical…

Trustworthy editorial content reviewed by industry-leading experts and experienced editors. Advertising disclosure The Ethereum Foundation has reportedly launched a new team to prepare its network for potential quantum computer attacks. These machines could someday break the wallets and the calculations behind the signatures. The team’s work has moved from research to practical testing and experimentation, gaining attention across the crypto community. Ethereum launches post-quantum team According to reports, Thomas Kolatgar will lead the effort. The team includes cryptographers and engineers who are already testing the new system on devnet. Some of the research is related to a project called leanVM…

The United States’ geopolitical brinkmanship over Greenland has highlighted its economic relationship with the EU. European countries are considering what tools they have to counter U.S. belligerence, including the “nuclear option” of forgiving U.S. debt.After the purported “Framework of Agreement” at Davos, the tone has changed and US ambitions to occupy Greenland have so far subsided. However, EU leaders are still preparing possible responses to further escalation.One option was to cut off access to the U.S. market through a so-called “trade bazooka.” If triggered, U.S. companies would be cut off from the EU market, resulting in billions of dollars in…

Last year, I started noticing crypto ATMs being installed at gas stations and corner stores across New Hampshire. These are machines that convert cash into digital currency and send it to your cryptocurrency wallet in seconds. What I didn’t realize at the time was that these machines had become a treasure trove for criminals who exploited them to scam people out of their savings. According to the US Federal Trade Commission, fraud losses related to virtual currency ATMs have soared from about $12 million in 2020 to $114 million in 2023, an almost 10-fold increase. Here’s how it works: Scammers…

Cathie Wood’s ARK Invest has filed with U.S. regulators to launch two crypto index exchange-traded funds that track the CoinDesk 20 index, marking the firm’s first foray into broader crypto exposure beyond Bitcoin. summary Wood’s latest move marks her company’s first foray into broader crypto exposure beyond Bitcoin. The proposed ETF would track the daily performance of the CoinDesk 20 index. WisdomTree filed for registration of the CoinDesk 20 fund in Delaware on September 22nd. Rather than owning cryptocurrencies directly, the proposed ETF would track the daily performance of the CoinDesk 20 Index using regulated futures contracts, according to a…

The Oklahoma State Legislature introduced a bill this week that would allow state employees, vendors, private businesses, and residents to negotiate and receive payments in Bitcoin. Senate Bill 2064, introduced by Senator Dusty Devers during the 2026 legislative session, establishes a legal framework for the use of Bitcoin as a medium of exchange and compensation without designating it as legal tender. The bill specifies that it does not violate the U.S. Constitution, which prohibits states from minting money or declaring legal tender other than gold or silver, and instead recognizes Bitcoin as a financial instrument that operates within existing legal…