NewsRoom Articles - Page 28 of 197

ThursdayJun 12, 2025 9:00 am

Why Crypto Kidnappings Are Increasing

Michael Valentino Carturan was living large in a $40,000-a-month Manhattan townhouse, funded by his success in crypto. Last month, however, that luxurious lifestyle turned into a nightmare when he was kidnapped and held for 17 days by two men—William Duplessie and John Woeltz—who were after access to his crypto fortune, estimated at around $28 million. The attackers used extreme violence to force Carturan to reveal his digital access, including electric shocks, suspending him from the roof, drug use, and even threatening him with a chainsaw. But despite the abuse, Carturan didn’t give in. He managed to escape, and both suspects…

TuesdayJun 10, 2025 9:00 am

UK to Lift Ban on Crypto ETNs to Emulate the US

The United Kingdom is planning to remove a long-standing ban on a specific type of crypto-linked investment product, aiming to close the gap with the U.S. and other financial centers in the race to become a major player in the digital asset space. The Financial Conduct Authority (FCA), the country’s top financial regulator, released a proposal that would allow retail investors to buy cryptocurrency exchange-traded notes (ETNs) again. These investment products are tied to the performance of cryptos and provide a way for individuals to gain exposure to digital assets through regulated trading platforms. Crypto ETNs have been off-limits to…

FridayJun 06, 2025 9:00 am

“Wrench Attacks” Characterize New Wave of Crypto Kidnappings

A disturbing case in New York has brought new attention to a violent trend in the world of crypto crime. An Italian tourist was reportedly abducted, tortured, and held for weeks by individuals who were allegedly trying to force him to give up access to his digital wallet. These kinds of crimes are being called “wrench attacks”—a term that originated from a web comic, where a character uses a simple wrench to beat a crypto holder into giving up their password, rather than relying on technical hacking. According to Ari Redbord of TRM Labs, a firm that tracks crypto-related crimes,…

ThursdayJun 05, 2025 9:00 am

Russia Considers Using Crypto to Settle Grain Export Transactions

Russia’s state-owned Agricultural Bank is exploring the use of cryptocurrency as a new way to handle international grain payments, particularly in light of ongoing sanctions. With the country expected to export nearly 50 million tons of grain this season, officials are looking at digital assets as a potential workaround to traditional financial systems that have become harder to access. Irina Zhachkina, the bank’s first deputy chief executive officer, stated during the Russian Grain Forum in Sochi, which drew in over 1,000 attendees, that it is actively collaborating with the Central Bank of Russia and other pertinent stakeholders to assess cryptocurrencies…

WednesdayJun 04, 2025 7:40 pm

15th Anniversary Blockchain Life Forum to Take Place in Dubai, October 28-29, 2025 – Unprecedented Scale.

Blockchain Life, the leading international forum on Web3 and cryptocurrencies, is set to celebrate its 15th anniversary edition in Dubai on October 28-29, 2025. This landmark event promises an unparalleled experience with a record number of speakers, two dedicated stages, expanded activity zones, and premium networking opportunities for 15,000 attendees. All timed perfectly ahead of the expected peak of the Bull Run. Find out more about the best place to meet friends, partners and clients from all over the world and choose your ticket at the presale price: https://blockchain-life.com/ Why Attend the Anniversary Blockchain Life Forum? Engage in two days…

TuesdayJun 03, 2025 12:00 pm

Beeline Holdings Inc. (NASDAQ: BLNE) Is ‘One to Watch’

Beeline has surpassed $1 billion in loan originations and achieved 38% year-over-year growth in 2024. Beeline’s platform was created for the Gig Economy, to increase qualifications for the 75 million millennials who need a variety of fresh, friendly mortgage options under one roof. The company offers a unique tech stack, including AI chatbot Bob, the Hive engine, and BlinkQC, which drives faster and more affordable closings. Beeline is strongly positioned in DSCR and investor lending markets through strategic partnerships with platforms like Rabbu and Red Awning. The expansion of Beeline Labs and the spinout of MagicBlocks creates new SaaS-based revenue…

TuesdayJun 03, 2025 9:00 am

US SEC Dismisses its Lawsuit Against Binance

The U.S. government has officially dropped its civil lawsuit against Binance, one of the largest crypto exchanges globally. The decision, made public on Thursday, signals a shift in how the SEC is approaching digital currencies under the Trump administration. The dismissal was filed jointly by attorneys representing Binance, the SEC, and the exchange’s founder, Changpeng Zhao, in a Washington, D.C. federal court. According to the SEC, this move was made as a matter of policy and at the agency’s discretion. A spokesperson for Binance welcomed the decision, calling it a significant moment for the industry and expressing appreciation for SEC…

FridayMay 30, 2025 9:00 am

Report Shows 25% of All People Own BTC Crypto

Crypto Ownership Reaches 24% in Major Markets, Report Says Crypto exchange firm Gemini has just published its 2025 Global State of Cryptocurrency Report, highlighting a steady rise in digital currency adoption across multiple regions. The report shows that more people in the United States, United Kingdom, Singapore, and France are getting involved with crypto. In 2024, about 21% of people in these countries owned some form of cryptocurrency. That number has grown to 24% in 2025. One possible reason for the growing confidence in digital assets is the approach taken by the current U.S. administration. Since President Donald Trump began…

ThursdayMay 29, 2025 9:00 am

Sentiment Improvement Helps Bitcoin Climb to All-Time High

Bitcoin hit an all-time high in the past week, surpassing the record it set back in January. The digital asset surged to $109,760.08 before settling around $108,117, marking a 1.1% increase. This jump reflects a growing appetite for risk in the market, which had been shaken by last month’s tariff-driven dip. Several elements, including easing tensions between China and the U.S., have helped lift market sentiment. Additionally, Moody’s downgrade of United States government credit has led investors to look beyond the dollar for stability and growth—pushing more interest into digital assets like Bitcoin. Nexo co-founder Antoni Trenchev noted that with…

TuesdayMay 27, 2025 9:00 am

Trump’s Crypto Dinner Sparks Corruption Claims and Protest Firestorm

Donald Trump recently hosted a high-profile dinner event featuring the biggest investors in a crypto that shares his name, triggering criticism from political opponents and protesters alike. Critics, especially from the Democratic side, have labeled the gathering as unethical, arguing it allows wealthy individuals to gain influence over the president through financial means. One such voice, Senator Chris Murphy, denounced the dinner on social media as an example of buying access to political power. The dinner took place at a Trump-owned golf resort near Washington, D.C. Demonstrators showed up with signs with messages like “no kings,” and “stop cryptocurrency corruption”…