6 men kidnapped Chicago family, forcing $15M crypto transfer: Report
Six men kidnapped a family of three and a nanny at gunpoint in Chicago before whisking them away for five days, demanding they cough up $15 million in cryptocurrencies.
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Hashdex files amended S-1 for Nasdaq Crypto Index US ETF
The filing signals progress towards a possible spot cryptocurrency index ETF listing in the US.

South Korea faces strict crypto regulation and fears of centralization
From real-name account trading to investigating individuals using cryptocurrencies to evade taxes, government officials in South Korea are enacting stricter regulations to oversee the cryptocurrency industry in the country. These measures often require digital currency businesses to provide detailed customer data and transaction information to the relevant authorities.With these stringent measures often comes an increase…

Crypto and Fiat Currencies Are Worlds Apart, Here Are the Reasons Why
One of the core narratives of Bitcoin (BTC) since inception is the oft-stated goal of separating money and state. While this has certainly been a powerful creed in the currency’s early adoption by the crypto-anarchist and techno-libertarian communities, what does this actually mean? It’s quite simply a call for a neutral form of money.When stripped…

Bitcoin price drops to lowest since May as Ethereum market trades at 18.4% loss
Bitcoin (BTC) saw further losses on June 12 as thin weekend trading volumes fueled an ongoing sell-off.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst likens risk asset 'pump' to 1929Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $27,150 on its sixth straight day of downside.With hours to go until the weekly close,…

How a DAO for a bank or financial institution will look like
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Mantra bounces 200% after OM price crash but poses LUNA-like 'big scandal' risk
Mantra’s OM (OM) token staged a sharp rebound after plunging 90% over the weekend, following an active response from the project’s team addressing allegations of a rug pull scam. OM bounces 200% as co-founder addresses concerns As of April 14, OM was trading for as high as $1.10, almost 200% higher than its post-crash low

Ethereum developers consider splitting Pectra upgrade, eye February target
An Ethereum developer warned that if nothing is released by June 2025 following a split, it would be regarded as “a failure.”

Meta fined €265M for allowing scrapers to steal Facebook’s centralized user data
Blockchain and Web3 companies are attempting to prevent leaks like these in the future by creating alternative login processes and distributing necessary data collection in a highly decentralized way. 910 Total views 8 Total shares The Irish Data Protection Commission (DPC) announced on Nov. 28 that it has fined Facebook developer Meta €265m for breach…