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The Latest Breaking News from Crypto

'This is the mafia' — How North Korea structures its IT workers like an organized crime syndicate

The North Korean IT workers scheme rakes in $250 million to $600 million per year and billions in crypto, according to UN estimates.

Fortune

Paris Kidnap Bid Highlights Crypto Data Security Risks

New regulations threaten the security of the personal data of cryptocurrency users and may expose them to "physical danger", the platform at the centre of last week's Paris kidnapping attempt has claimed.

International Business Times

RICO crypto fraud investigation leads to twelve more arrests

$263 million in crypto was stolen.

TechRadar

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Headaches at Coinbase: A data breach, a $20 million ransom demand, and a federal investigation into 'verified users'

The world's largest cryptocurrency exchange is facing challenges in the run-up to joining the S&P 500 next week.

Fortune

Eric Trump pitches family's 'American Bitcoin' mining firm as a Strategy-style proxy bet

The son of President Donald Trump also said he isn’t worried about the increasingly crowded field of Bitcoin stockpilers.

Fortune

France vows to boost security for crypto executives after spate of kidnappings

French Interior Minister Bruno Retailleau has promised to act swiftly to protect crypto players and their families after a series of violent attacks and kidnappings that have shocked France, prompting calls for deregulation of the sector.

Radio France Internationale

French Crypto Boss Hails 'Heroic' Duo For Foiling Kidnap Bid

French cryptocurrency boss Pierre Noizat on Friday praised his "heroic" son-in-law and a neighbour armed with a fire extinguisher for thwarting the attempted kidnapping of his pregnant daughter and young grandson.

International Business Times

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France is tackling a crypto kidnapping wave denting its image and a potential presidential contender

For-ransom hostage takings targeting cryptocurrency entrepreneurs in France are blowing up into a political issue for the government of President Emmanuel Macron and particularly for one of his ministers who could possibly challenge for France’s top job in elections in 2027

The Independent UK

Personal information leaked in Coinbase cyberattack, cost could be $400 million

Hackers bribed Coinbase employees to obtain the data and later demanded a ransom.

TechRadar

Berkshire Hathaway Dumps Banking Stocks in Q1, Sells All Shares of Crypto-Linked Nu Holdings, Citigroup

Berkshire Hathaway's Warren Buffett disposed of all shares of Brazilian bank Nu Holdings, Citigroup, and over £1.61 billion worth of Bank of America shares in Q1.

International Business Times UK

Eric Trump Says Father's Energy Policies Will Help Crypto

US President Donald Trump's son Eric on Thursday assured the world's leading crypto conference that Washington would hoard "a tremendous amount of bitcoin," aided by his father's policies of slashing environmental protections to ramp up energy production.

International Business Times

Michael Saylor admits Strategy shareholders 'would suffer' if Bitcoin were to 'fall 90% and stay there for 4 or 5 years'

Strategy—formerly MicroStrategy—owns nearly $59 billion worth of the cryptocurrency.

Fortune

Crypto giant Coinbase falls prey to an inside job, expects up to $400 million in losses

Some Coinbase employees stole customer information for hackers, causing some of its clients to fall victim to social engineering attacks.

Tom’s Hardware

JPMorgan’s public blockchain move could set a new standard for institutional finance

Big banks face competitive pressure from fintechs and crypto-native firms.

Fortune

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International Business Times

How High Can Bitcoin Fly This Cycle? Blockchain Pioneer Projects Between $500K And $1M

Adam Back, a famous cypherpunk and blockchain pioneer, believes Bitcoin's current price is too low and it could go as high as $1 million per $BTC this cycle if it manages to log a new all-time high.

International Business Times

House Dems Demand Reports On Trump Crypto Projects' 'Suspicious Activity'

Top House Democratic lawmakers on Wednesday demanded that Treasury Secretary Scott Bessent provide reports on alleged "suspicious activity" around World Liberty Financial and the $TRUMP and $MELANIA meme coins.

Fortune

Stablecoin legislation risks sowing seeds of a financial crisis

Stablecoins can be extremely volatile despite the name, and the dangers they pose to the U.S. economy don’t stop there.

Fortune

Coinbase puts $20 million bounty on crooks who tried to extort firm over stolen customer data

Coinbase says it will seek the harshest penalties against the crooks, who stole tens of thousands of client records.

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International Business Times UK

Who Is Alex Mashinsky: Quick Facts On Celsius Venture And Latest 12-Year Prison Sentence

He admitted to misleading customers about Celsius's financial health and manipulating the company's CEL token.

International Business Times

Crypto Industry Praises Trump, Calls For Market Clarity

The start of President Donald Trump's term earned rave reviews at the world's leading crypto conference Wednesday, but top industry lawyers said digital platforms wanted regulatory clarity while the Republicans control Congress.

The Guardian - US

Trump’s cryptocurrency endeavor caps a political career filled with conflicts of interest

Trump’s foray into cryptocurrency involves him leveraging his presidency for personal gain and operating in an industry he has power over

The Guardian - US

Trump cabinet member’s links to El Salvador crypto firm under scrutiny

Commerce chief Howard Lutnick’s firm backed controversial crypto giant Tether as Bukele ties deepened

Barchart

Should You Buy eToro Stock After the ETOR IPO on May 14?

The stock and crypto trading platform raised $620 million in its upsized IPO.

The Guardian - UK

Labour peer apologises for writing to Treasury to promote crypto firm he advised

Standards commissioner finds Iain McNicol broke Lords code of conduct by ‘providing a parliamentary service in return for payment’

Fortune

JPMorgan Chase steps beyond ‘walled garden’ to settle transaction on public blockchain

This is the first time the U.S.'s largest bank has built out a system to interface with a public blockchain.

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