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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Bitcoin’s creator, Satoshi Nakamoto, became the 11th richest person in the world after Bitcoin tapped $120,000 on Sunday. Nakamoto is believed to hold 1.096 million Bitcoin (BTC) across thousands of wallets, which is worth over $131 billion at current prices, according to blockchain analytics company Arkham. This would, in theory, place Nakamoto at number 11…
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The Australian island state of Tasmania has become the latest to join a country-wide crackdown on crypto ATM scammers. Tasmania Police Cyber Investigations said on Friday that it found the top 15 users of crypto ATMs in the state were all victims of scams, with combined losses of 2.5 million Australian dollars ($1.6 million). Over a…
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Florida’s top prosecutor has opened an investigation into trading platform Robinhood, alleging it has been falsely promoting its crypto services as the least expensive on the market. However, Lucas Moskowitz, Robinhood’s general counsel, told Cointelegraph in a statement that the platform is transparent about its fees, and customers trade crypto at the lowest cost on…
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Australia’s central bank said on Thursday it’s moving to its next stage in exploring digital currencies, launching a trial on how digital money and tokenization can support wholesale financial markets. The Reserve Bank of Australia (RBA) said in a statement on Thursday that stablecoins, bank deposit tokens and a pilot wholesale central bank digital currency…
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The US Treasury has sanctioned two people and four entities involved in what it says was a North Korea-run IT worker ring that would infiltrate crypto companies, aiming to exploit them. The Treasury’s Office of Foreign Assets Control (OFAC) said on Tuesday that it sanctioned the North Korea-based Song Kum Hyok for allegedly stealing US…
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