Cryptocurrency Wallet

Police in Gwangju uncovered an illegal gambling operation disguised as a cryptocurrency mining farm, seizing 50 gaming machines and $95,000 in illicit profits. The operator used fake crypto wallets to disguise gambling payments, charging players $34 per hour with cash prizes for top performers.

Kraken’s Mastercard crypto debit cards are set to launch in the coming weeks, with clients now able to join a waitlist for early access to the highly anticipated product.

The two men, Valeriy Popovych, 52, and Vitaliy Lutsak, 43, were part of a criminal network that exploited Ukraine’s wartime need for vans and trucks, profiting under the guise of humanitarian aid and logistical support.

The Trump administration’s rollback of crypto enforcement, marked by the DOJ’s crypto unit shutdown, signals a shift toward industry-friendly regulation. While some welcome the move, others warn it may weaken protections in a risky market. Innovation boost or regulation setback?

An ex-Rippling employee claims he was paid $5,000 in ETH monthly to spy for Deel, its competitor. This comes just after Rippling sued Deel, accusing it of orchestrating a trade-secret theft. Does the lure of money compromise professional integrity?

PayPal has added Solana (SOL) and Chainlink (LINK) to its supported cryptocurrencies for US users, expanding its crypto offerings alongside Bitcoin, Ethereum, and others. US-based users can now buy, sell, and hold these assets, but transfer to external wallets has not been confirmed.

UPCX suffered a $70 million exploit, with 18.4 million UPC tokens stolen—surpassing the circulating supply. Cyvers traced the breach to a ProxyAdmin contract flaw, enabling unauthorised withdrawals. Despite the scale, market impact remains minimal, and the stolen tokens are untouched. How long will they stay that way?

A new Android malware, Crocodilus, uses social engineering and fake overlays to steal crypto wallet seed phrases, bypassing security features. Targeting users in Spain and Turkey, it has remote access capabilities and can bypass two-factor authentication.

Blockchain investigator ZachXBT reports over $46 million lost to phishing scams targeting Coinbase users in two weeks, including a single 400 BTC theft worth $34.9 million. With tactics like address poisoning and wallet spoofing on the rise, will losses keep growing?

The US DOJ intercepted encrypted channels, seizing over $200,000 in crypto and identifying key organisers. While Telegram-based terror financing is limited, new donation channels continually emerge, complicating enforcement.