Author: Crypto Editor
A crypto investor was allegedly held hostage in New York Metropolis and tortured for weeks in an effort to steal his Bitcoin (BTC) holdings. In accordance with a brand new Related Press report, crypto investor John Woeltz, 37, allegedly kidnapped one other investor, holding him in a Manhattan house, the place he was overwhelmed and had his household’s lives threatened to get him to surrender his Bitcoin pockets passphrase. Woeltz was arrested after the sufferer escaped and flagged down a visitors officer on the road for assist. He’s now dealing with prices of kidnapping, assault, illegal imprisonment and legal possession…
BitGo has reportedly initiated the second section of FTX’s reimbursement course of, marking one other milestone within the change’s long-awaited restoration effort.On Might 27, FTX creditor Sunil Kavuri reported that consumer accounts had been credited by way of BitGo as a part of the reimbursement rollout. Nevertheless, these funds will stay locked from buying and selling till Might 30.He mentioned:“FTX Distribution to Bitgo has been credited to accounts. Might be seen however not traded till thirtieth Might.”FTX Creditor Compensation (Supply: X/Kavuri)BitGo has but to answer CryptoSlate’s request for remark as of press time.This improvement follows a latest replace from the…
Immediately, Gemini, a crypto platform, launched its 2025 World State of Crypto Report, revealing a notable improve in cryptocurrency adoption in numerous international locations. In accordance with a press launch despatched to Bitcoin Journal, possession amongst respondents within the US, UK, France, and Singapore rose from one in 5 (21%) in 2024 to 1 in 4 (24%) in 2025. The Trump Administration’s therapy of Bitcoin could have performed a serious position in its world progress. Since taking workplace in January 2025, President Trump has launched a Strategic Bitcoin Reserve, the place he put in management on the SEC which can…
Trusted Editorial content material, reviewed by main business specialists and seasoned editors. Advert Disclosure Quantum computing is now not simply principle – it’s edging nearer to actuality. The crypto world is now buzzing with warnings about how this highly effective new tech might someday crack the encryption behind Bitcoin and different blockchains. Specialists name it ‘Q-Day’ – the second when quantum machines turn out to be able to breaking classical cryptography. Whereas quantum computing and the power to interrupt cryptography aren’t right here but, latest developments are forcing the crypto group to ask some robust questions. How will we future-proof…
A room stuffed with crypto bros eagerly awaited President Donald Trump’s arrival at his Nationwide Golf Membership in Washington, D.C. on Thursday, anticipating an announcement about the way forward for crypto in the US. Bitcoin had simply hit a brand new all-time excessive, the vibes had been great and expectations had been grand.That’s when Nicholas Pinto, a 25-year-old social media influencer and self-described automobile fanatic, burst by way of the door of the golf membership. Sweating barely as he made his method in, Pinto instructed Decrypt he thought he may miss it after a traffic-heavy, four-and-a-half-hour drive.What he noticed inside…
Luxembourg categorized digital asset service suppliers (VASPs) as high-risk entities for cash laundering in its 2025 Nationwide Danger Evaluation (NRA), highlighting issues over the crypto business’s publicity to monetary crime.Based on the report, the inherent threat stage of VASPs is deemed “Excessive,” pushed by components together with transaction quantity, consumer attain, distribution channels, authorized constructions and the worldwide scope of operations.The NRA recognized VASPs as an rising threat in its 2020 report after “an in depth evaluation of ML inherent dangers rising from digital belongings.” This was adopted by a 2022 NRA report deeming “the dangers related to crypto belongings…
In recent times, cryptocurrencies have turn into very talked-about instead foreign money for funds as an alternative of common fiat cash. Let’s get to the purpose: what are the benefits of decentralized digital cash over conventional cost networks, similar to bank cards or financial institution transfers? On this article, we’ll analyze the important thing variations between crypto funds and legacy monetary methods to know what worth this new know-how brings to the desk. Charges One of many most important promoting factors of pay with crypto is decrease charges. Most bank card processors cost a service provider between 2 and 4…
In Q2 2025, Monero (XMR), one of many main privacy-focused cryptocurrencies, quietly surged by a powerful 150% in simply two months. It reached its highest value since June 2021. Regardless of the sturdy rally, XMR’s rise didn’t make a lot noise on social media. Few specialists or key opinion leaders talked about it. This breakout is not only a value story — it displays a bigger pattern within the crypto market: the rising demand for privateness cash. What Fueled XMR’s Worth Surge in Could? On the time of writing, Monero’s market cap exceeded $7.2 billion, and it entered the highest…
Litecoin (LTC) is hovering round $95.67 right this moment, give or take a couple of cents. It dipped a tiny 0.21% over the previous 24 hours—not a lot to panic over. In the meantime, buying and selling quantity perked up a bit, rising by 2.80% to succeed in roughly $370.8 million. All in all, not a foul displaying. Over the past week, LTC has been climbing steadily, tacking on 5.15% and discovering some footing close to that $95 mark. Breakout From the Bearish Channel Sparks Hope Based on crypto analyst VipRoseTr, one thing fascinating occurred with LTC final week. After…
Regardless of the general crypto market going through a downturn since its December peak, the meme coin sector is displaying indicators of life as soon as once more. After bottoming out earlier this 12 months, there’s been a noticeable restoration in market cap, indicating renewed curiosity and potential momentum constructing for the weeks forward. As Might attracts to a detailed, the charts counsel a powerful probability of a bullish June, particularly if the broader market—led by Bitcoin and Ethereum—continues to climb. Traders at the moment are watching intently for consolidation patterns and breakout indicators—listed here are 5 of one of…