Minecraft-spawned crypto kingpin faces 20 years for $245 million heist — mastermind’s role in hacking campaign fueled their supercar, bodyguards, and private jet habit
Minecraft-spawned crypto kingpin faces 20 years for $245 million heist — mastermind’s role in hacking campaign fueled their supercar, bodyguards, and private jet habit

The ringleader of a cybercrime gang, which reportedly formed after meetups in Minecraft online, has plead guilty to a racketeering charge and now faces up to 20 years in jail.

A hacker stole $340M in a crypto heist, then returned most of it

The latest heist is one of the largest thefts of cryptocurrency to date.

Hackers drain $320 million in Bitcoin from Liquid Network, emptying roughly 95% of federation wallet — attackers claim they’re the ‘good guys’ and will return funds after the vulnerability is fixed

Hackers claiming to be white hats drained about $320 million in Bitcoin from Liquid Network’s federation wallet, promising to return the funds after the platform fixes the underlying bug

Crypto bro faces 280 years in prison for defrauding investors with promises of an ‘AI supercomputer’ for mining — jury convicts businessman of running $24-million Ponzi scheme, claimed up to 30% APR and a 100% money-back guarantee

A man claiming to give massive returns to investors has been found guilty of wire fraud, mail fraud, and money laundering by a Nevada court. Brent Kovar now faces up to 280 years behind bars for his crimes, although sentencing will still be held on November 30.

Revolut is launching a euro stablecoin into a market MiCA handed to an American company
Revolut is launching a euro stablecoin into a market MiCA handed to an American company

Revolut is launching a euro-backed stablecoin, according to Bloomberg, entering a market that European regulation has spent two years accidentally consolidating around a single American issuer.The neobank is also one of the 36 firms the ECB picked for …

Trump hosts crypto executives as the SEC proposes its friendliest rules yet
Trump hosts crypto executives as the SEC proposes its friendliest rules yet

The Securities and Exchange Commission spent Tuesday proposing the friendliest set of crypto rules an American regulator has ever put on paper. On Wednesday, the industry that would benefit from them was at the White House, having lunch with the presid…

A Trump-backed crypto firm is helping sell the very Chinese AI his government is trying to block
A Trump-backed crypto firm is helping sell the very Chinese AI his government is trying to block

A crypto venture backed by Donald Trump and his family is helping to bankroll a platform that resells artificial intelligence from Chinese companies the US government has blacklisted, an arrangement that sits awkwardly beside the administration’s own c…

Trump Media posts a $238m quarterly loss as its bitcoin bet sours
Trump Media posts a $238m quarterly loss as its bitcoin bet sours

Trump Media & Technology Group, the parent of Truth Social, reported a net loss of $238.1m for the second quarter of 2026, a figure that dwarfs the $20m loss it posted a year earlier and turns the company’s slow drift from social network to crypto …

South Africa wants to ban companies from moving stablecoins abroad. Individuals keep their allowance.
South Africa wants to ban companies from moving stablecoins abroad. Individuals keep their allowance.

South Africa has proposed banning corporate cross-border stablecoin transactions, in draft rules released jointly by the Reserve Bank and National Treasury. It is one of the most aggressive attempts by any emerging economy to force borderless digital t…

Hackers steal over $130 million by exploiting bug in offline hardware wallets

A security vulnerability in the cryptocurrency hardware wallet Coldcard is allowing hackers to drain the crypto from victims’ wallets. The total losses amount to more than $130 million, according to blockchain monitoring firms.