The UK is moving forward with a ban on its public sector and operators of critical national infrastructure paying ransomware demands. The proposals released on Tuesday as a result of a public consultation call for a ban on ransomware payments covering all public sector bodies and critical national infrastructure such as energy, health service and…
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China-based pork processing company and Bitcoin miner Bit Origin has officially kicked off its crypto treasury initiative with its first acquisition of 40.5 million Dogecoin. In a statement on Monday, the company said the Dogecoin (DOGE) buy was the “first strategic acquisition” under its digital asset treasury initiative, supported by a share sale and debt…
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A Satoshi-era Bitcoin whale with 80,201 Bitcoin has shifted the other 40,192 Bitcoin, worth $4.77 billion, to Galaxy Digital, joining a 40,009 BTC transfer to the asset manager on Tuesday. Blockchain onchain data service Onchain Lens was among the first to notice the new transfer. This means the whale has shifted 80,201 to Galaxy Digital…
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US President Donald Trump is reportedly set to sign an executive order that could allow American 401(k) retirement plans to invest in alternative assets outside of stocks and bonds, such as cryptocurrencies. The executive order could be signed sometime this week, the Financial Times reported on Thursday, citing three people who have been briefed on…
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Bitcoin “wrench attacks” — a violent form of cryptocurrency theft — could see its worst year in 2025, with criminals spurred on by Bitcoin’s soaring market value, according to Chainalysis. “Wrench attacks” refer to a situation where physical force or intimidation is used to force a victim to give up their crypto holdings, and Chainalysis…
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A giant Satoshi-era Bitcoin whale that was earlier reported to hold 80,000 Bitcoin has just shifted the second half of its stack to a new wallet, days after sending billions in Bitcoin to Galaxy Digital. Blockchain analytics service Lookonchain said in an X post on Thursday that the whale shifted 40,192 Bitcoin (BTC) worth, $4.77…
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GameStop CEO Ryan Cohen has teased that the video game retailer could start accepting crypto for trading card purchases and said the company’s Bitcoin buys aren’t copying MicroStrategy. Cohen told CNBC’s Squawk Box on Tuesday that GameStop shifted tactics to reduce reliance on hardware in the face of rising costs and focus more on trading…
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The US House is set to try to move forward three crypto bills again on Wednesday after canning a re-vote on Tuesday as multiple Republican lawmakers pulled support, wanting to add a ban on central bank digital currencies (CBDCs). Republican House Speaker Mike Johnson said he hopes to try to pass a procedural vote for…
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Abacus Market, the largest Bitcoin-powered Western darknet marketplace, has gone offline in an apparent exit scam. Its website and infrastructure, including its clearnet mirror, are inaccessible, TRM Labs said in a report on Monday. The disappearance has led TRM to believe the “operators have likely conducted an exit scam, shutting down operations and disappearing with…
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Slow regulations, fear of missing out (FOMO) and growing adoption are powering a crypto crime “supercycle,” according to cybersecurity practitioners. Crypto crime losses hit a new record in the first half of 2025, beating the previous record set in 2022 and nearly equal to the total losses from all of 2024. Losses in the first…
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