Embargo ransomware group nets $34.2 million: TRM Labs
The Embargo ransomware group has stolen $34.2 million since emerging in April 2024, targeting victims across the healthcare, business services, and manufacturing sectors, according to
Paxos to pay $48 million in New York settlement over AML compliance failures
Key Takeaways Paxos will pay $48.5 million to settle compliance failures with New York regulators related to its partnership with Binance. The company must strengthen
What Happened to Ansem Crypto? Has Blknoiz06 Really Been Arrested?
Leading influencer Ansem crypto is in the news due to unconfirmed reports that he has been arrested. The claims have been exacerbated by the X
Trump-Appointed Crypto Council Head to Step Down
Bo Hines, who has led the Trump administration’s White House Crypto Council since December 2024, is stepping down to return to the private sector. During
White House shakeup, Ripple-Rail acquisition
The cryptocurrency world saw a flurry of major developments this week, spanning politics, regulation, corporate moves, and market adoption. In addition to Bo Hines’ resignation
Chainlink establishes LINK reserve backed by enterprise and protocol revenue
Key Takeaways Chainlink has launched an onchain reserve funded by revenue and network usage, accumulating over $1 million in LINK tokens. The Chainlink Reserve leverages
This Week In Crypto Asia: UAE Streamlines Crypto Oversight, India Cracks Down On Crypto Scammers
Another week has come to a close, bringing massive changes to the Asian crypto landscape. From regulatory changes and bringing the heat to crypto scammers
Cardano Stablecoin DJED Goes Private and Open-Source
Focused on privacy and security, DJED will be molded into a multi-chain asset, providing the foundation for both open and private finance. Open-Source Features Announced
Indian court declines bail for suspect in $228m crypto fraud
The Himachal Pradesh High Court has rejected bail for Abhishek Sharma, an alleged suspect involved in a $228 million cryptocurrency fraud case in India. Summary
OpenAI drops GPT-5 and it decides when to giga-think so you don’t have to
Key Takeaways OpenAI has launched GPT-5, its most powerful AI model yet, bringing significant gains in reasoning, accuracy, safety, and real-world usefulness across domains. The