Category: Crypto

Six men face charges over a $15M crypto kidnapping in Chicago, where victims were held for five days and forced to transfer Bitcoin and Ethereum. Some suspects fled to China, while the FBI continues its investigation into missing funds and international links to crypto-related crimes.
The post Six Men Charged in $15M Crypto Kidnapping Case appeared first on Cryptonews. …

Crypto.com has officially expanded its services to all European Economic Area (EEA) member states after receiving a MiCA license.
The post Crypto.com Can Now Expand Services to All European Economic Area Member States appeared first on Cryptonews. …

Centralized crypto exchanges experienced a remarkable uptick in trading activity, with spot trades reaching almost $19 trillion in 2024. This represents a more than 100% increase from the previous year, although it still falls short of the record-high volumes seen in 2021.
The post Crypto Exchanges Recorded $19 Trillion in Trading Volume in 2024: Report appeared first on Cryptonews. …

This effort is part of Avalon Labs’ strategy to expand its Bitcoin lending business in the US and provide broader access to crypto for retail investors.
The post Avalon Labs Considers First Bitcoin-Backed Debt Public Fund, Targeting Retail Investors appeared first on Cryptonews. …

XRP Ledger hits 2,000+ transactions per ledger, driving adoption. Can XRP hit $5? Explore the latest price forecast and discover the best wallet for crypto staking.
The post Will XRP Explode to $5? XRPL Sees Record Transaction Growth in Bullish Sign appeared first on Cryptonews. …

Abu Dhabi’s Phoenix Group saw a 236% revenue surge, reaching $107M in 2024, fueled by global expansion and strategic diversification in digital assets.
The post Phoenix Group Reports 236% Revenue Surge, Hits $107M Amid Global Crypto Mining Expansion appeared first on Cryptonews. …

Major crypto exchange OKX has expanded its integration partnership with the Layer-1 chain Sui, also extending the wide-ranging support for its ecosystem.
The post OKX Wallet Becomes Official Sui Partner, Expands New Features appeared first on Cryptonews. …

Four Russian nationals have been arrested in Thailand for their alleged role in crypto ransomware attacks targeting Swiss firms. The operation, coordinated across 14 countries, dismantled 27 servers linked to the criminal network, underscoring the growing global effort to combat cybercrime and protect digital assets.
The post Thai Police Arrest Four Russians for Crypto Ransomware Attack on Swiss Companies appeared first on Cryptonews. …

The IRS has urged a federal appeals court to dismiss a challenge from crypto founder Rowland Marcus Andrade, who is seeking to quash tax summonses issued against him.
The post IRS Urges Appeals Court to Dismiss Crypto Founder’s Challenge to Tax Summonses appeared first on Cryptonews. …

Goldman Sachs has dramatically increased its exposure to cryptocurrency ETFs, boosting its Ether ETF holdings by 2,000% in Q4 2024.
The post Goldman Sachs Ramps Up Ether ETF Holdings by 2,000% as Bitcoin ETF Stash Surpasses $1.5B in Q4 2024 appeared first on Cryptonews. …