Fnance Times

South Korea’s prosecution service will beef up its “dark web investigation unit” as it steps up its long-running fight against crypto-powered drug crime.
The post South Korea Prosecution Revamps Anti Crypto-powered Drug Crime Unit appeared first on Cryptonews. …

Kraken will begin the next phase of FTX creditor repayments on May 30, addressing claims above $50,000 and marking significant progress in the $16 billion recovery process for affected users.
The post Kraken Prepares for Next Round of FTX Payouts, Including $50K Claims appeared first on Cryptonews. …

Safe Wallet has released new details on its forensic investigation into the recent Bybit hack, conducted in collaboration with Mandiant, a leading cybersecurity firm now part of Google Cloud. 
The post Safe Wallet Reveals Bybit Hack Details, and Calls for Community Action appeared first on Cryptonews. …

Senator Tim Scott introduces a bill to eliminate “reputational risk” from bank regulations, aiming to prevent political agendas from influencing financial oversight and addressing concerns over debanking practices impacting crypto and other industries.
The post Senator Tim Scott Introduces Bill to Block Bank Regulations Based on Reputational Risk appeared first on Cryptonews. …

Newly appointed ‘crypto czar’ David Sacks took to X Thursday to air his grievances over the U.S. government’s alleged handling of its previous Bitcoin holdings just one day before the White House Crypto Summit. Key Takeaways: Newly appointed crypto czar David Sacks criticized the U.S. government’s past decision to sell 195,000 Bitcoin for $366 million, […]
The post Crypto Czar David Sacks Slams Federal Government’s Prior Bitcoin Management appeared first on Cryptonews. …