The Rotterdam court said bankruptcy was necessary to ensure an orderly settlement because the company lacked enough assets to fully repay users.
Stablecoin growth will erode bank deposits, says ECB’s Cipollone
ECB’s Piero Cipollone said stablecoin adoption could erode bank deposits, but the digital euro will keep banks at the center of payments.
UK sentences 2 hackers tied to $115M crypto ransom scheme
The pair pleaded guilty after investigators linked them to the Scattered Spider cybercrime group, which US prosecutors say extorted dozens of companies.
ESMA Adds 14 New CASPs to MiCA Register as Licensing Slows
ESMA adds 14 CASPs to its MiCA register, with banks and Ripple Payments Europe among the new entries as total providers reach 294.
Bitcoin bottom countdown nears 50 days after BTC supply in loss passed 50%
Bitcoin supply in loss hit 50% nearly 50 days ago, mimicking the countdown to BTC price bear-market bottoms.
US indicts crypto investor over alleged $20M fraud scheme
Federal prosecutors allege the South Dakota investor used false promises to raise money, repaid earlier investors with new funds and laundered proceeds through crypto exchanges.
MacOS malware hijacks Telegram sessions, targets crypto wallets: SlowMist
A macOS malware steals credentials to hijack Telegram sessions, decrypt cryptocurrency wallets or trick users into entering their wallet recovery phrases through fake applications.
Bitcoin ETFs add $368M in three-day buying streak
US spot Bitcoin ETFs attracted $79.2 million on Thursday, lifting their three-day inflow total to about $368 million as Bitcoin attempted a price recovery.
Ordinals dev Leonidas proposes new Bitcoin client: ‘$DOG Mode’
“Over time the economic incentives will drive $DOG Mode’s adoption and force Bitcoin Core to stop gatekeeping and allow these completely valid transactions,” said Leonidas.
Crypto exchange Bybit launches in Indonesia after NOBI acquisition
The launch gives Bybit a locally operated platform in one of Asia’s largest crypto markets, home to more than 21 million crypto exchange users.