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The Latest Breaking News from Crypto

French police investigate spate of cryptocurrency millionaire kidnappings

Victims have had fingers chopped off by attackers in crimewave targeting entrepreneurs and their families

The Guardian - UK

How Trump’s love for crypto threatens US residents’ peace: ‘I just want quiet’

Cryptocurrency mining facilities can blanket towns with ‘constant’ noise. They’re likely to get louder under Trump

The Guardian - US

Kidnapped Dad Of Crypto Firm Boss Released In French Police Raid

French police mounted a weekend raid to free a man who had been kidnapped in Paris to force his crypto-millionaire son to pay a ransom, prosecutors said, adding four people were arrested.

International Business Times

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A North Korean agent applied for a job at a popular crypto firm: They tripped him up with a simple question about Halloween

A network of North Korean operatives is trying to get access to American companies.

Fortune

Energy use in a Kuwaiti city fell by over 50% after authorities cracked down on crypto mining

Over 100 houses are allegedly hosting crypto mining activities, with some of them using up more than 20 times the normal power consumption of the average Kuwaiti home.

Tom’s Hardware

UK preparing to ban consumers from buying crypto with borrowed funds

Soaring cryptocurrency values after Trump election has put pressure on financial regulator to take tougher line

The Guardian - UK

Wall St. giants to offer crypto trading

The move signals a key shift in the financial industry, prompted by Trump's embrace of digital assets

Salon

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New rules on buying crypto in Britain as FCA aims to ‘protect’ investors

The FCA however maintains its stance that consumers ‘should be prepared to lose all their money’ if they invest in crypto

The Independent UK

Texas Lawmaker Wants Crypto ATMs Installed In Federal Buildings

A GOP lawmaker has urged the GSA to consider installing crypto ATMs across federal buildings to enhance crypto accessibility and provide better convenience for American citizens moving into the digital financial era.

International Business Times

CIA Deputy Director Hints Agency Uses Bitcoin, Crypto As 'Tools' Against China, Other Adversaries

The CIA is excited about how Bitcoin and crypto can be used to track U.S. adversaries' activities in order to disrupt them, CIA Deputy Director Michael Ellis said Thursday, highlighting $BTC's transition from a medium abused by bad actors and criminals to a defensive tool by U.S. intelligence.

International Business Times

Trump's crypto racket hurts all wallets

Trump's crypto firm isn't just corrupt — he is making it easier for fraudsters to take your money

Salon

Alleged Pokemon card theft syndicate leaders face court

The alleged ringleaders of break-ins targeting collectable trading cards and cryptocurrency ATMs are facing charges over 24 separate incidents.

AAP

Banking giant Morgan Stanley reportedly plans to introduce crypto trading on E*Trade

The bank is entering a crowded field with competitors like Coinbase and Robinhood.

Fortune

This crypto requires an eyeball scan

The Sam Altman-backed project, now in six U.S. cities, aims to avoid giving digital money to bots

Salon

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Fortune

Exclusive: Crypto venture firm dao5 closes $222 million second fund

Dao5 is led by Polychain alumni Tekin Salimi and has backed startups like Berachain and Bittensor.

Fortune

Remember MoviePass? It’s still around—and going all in on crypto

“I think that blockchain and virtual reality are going to be an amazing force together,” proclaimed MoviePass’s CEO.

Fortune

Exclusive: Tokenized asset company Dinari raises $12.7 million from Hack VC and Blockchange Ventures

The company will use the money to ensure compliance with local regulations.

Barchart

As Bitcoin Prices Push Back Above $90K, Analysts Are Touting This 1 ‘Strong Buy’ Crypto Stock

Analysts think this stock could more than double over the next 12 months.

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One news app.

Barchart

Down 20% YTD, Should You Buy the Dip in Coinbase Stock Before May 8?

Coinbase stock got clipped this year, down over 20%. But with tailwinds building, is this a buy-the-dip moment investors shouldn’t ignore?

International Business Times

$XRP Retreats Amid News Circle Rebuffed Ripple's Takeover Offer

$XRP appeared affected by a new report that revealed Ripple's offer of up to $5 billion to acquire $USDC issuer Circle has been rejected as the crypto token dipped overnight.

International Business Times

Trump-Backed WLFI's $USD1 Becomes Fastest-Rising Stablecoin From $0 To $1B Market Cap

$USD1, World Liberty Financial's stablecoin, has become the fastest-rising stablecoin in terms of market cap, even as concerns remain around the DeFi venture's $WLFI token and listing on major exchanges.

Fortune

Americans can finally scan their eyeballs for crypto in return after Sam Altman-backed World launches in U.S.

The eyeball-scanning crypto play had originally stayed out of the U.S. market amid a more uncertain regulatory regime.

Fortune

Robinhood CEO says firm is diversifying away from volatile crypto revenue even as Q1 earnings beat expectations

Robinhood reported $927 million in revenue in Q1, up 50% from the same period last year.

Fortune

The U.S. dollar has a long term ally in crypto

The spread of stablecoins means millions of people around the world are holding dollars for the first time.

Fortune

Visa launches stablecoin payments in Latin America in major advance for crypto

The service will rely on Bridge’s stablecoin tools and will roll out in places like Ecuador, Peru, and Colombia.

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