Moroccan police have arrested Badiss Mohamed Amide Bajjou, a 24-year-old French-Moroccan national accused of masterminding a series of high-profile kidnappings targeting cryptocurrency executives in France. The arrest marks a major breakthrough in an ongoing investigation into violent extortion schemes against crypto industry leaders. Bajjou was apprehended on June 4 in the northern city of Tangier…
Global payments leader Mastercard has announced that nearly half of its e-commerce transactions in Europe are now tokenized, marking a major step in its goal to fully tokenize online payments across the EU by 2030. The company says the move will eliminate the need for manual card entry, making digital payments more seamless and secure….
U.S. authorities have confiscated several cryptocurrency assets following a coordinated raid on BidenCash, a notorious dark web marketplace used to traffic stolen credit card data and personal information. The operation, announced on June 4, 2025, by the U.S. Attorney’s Office for the Eastern District of Virginia, marks another significant federal move to disrupt illicit online…
Australia has imposed new restrictions on crypto ATM providers, introducing a cash transaction limit of AUD 5,000 (about $3,250 USD) as part of a broader crackdown on fraud and illicit financial activity. The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced the measures in a June 3 press release, highlighting the growing misuse of crypto…
Crypto-related hacks resulted in approximately $244.1 million in losses during May 2025, according to new data from blockchain security firm PeckShield. While still significant, the total marks a 39.29% drop from April, signaling improved security response and mitigation efforts across decentralized networks. Roughly 20 major incidents occurred throughout the month, but many involved successful asset…
The Open Network (TON), a blockchain ecosystem closely tied to Telegram, has resumed full operations following a temporary outage on June 1 that disrupted block production. According to an official update from TON developers, the issue was swiftly identified and resolved within 40 minutes. The cause of the outage was traced to a bug in…
The U.S. Securities and Exchange Commission (SEC) has officially pulled back from overseeing memecoins, effectively leaving traders and investors to navigate the volatile space without regulatory guidance. SEC Commissioner Hester Peirce stated this week that tokens like $TRUMP—a memecoin tied to President Donald Trump’s growing crypto empire—will not be classified as securities, nor subject to…
Thailand’s Securities and Exchange Commission (SEC) has announced that it will block access to five major cryptocurrency exchanges—Bybit, OKX, CoinEx, 1000X, and XT.COM—for allegedly offering services to Thai users without proper authorization. The regulatory action, effective from June 28, is aimed at protecting local investors and preventing digital asset platforms from being exploited for money…
Panama City Mayor Mayer Mizrachi has proposed allowing ships to pay in Bitcoin for expedited passage through the Panama Canal. Speaking at the Bitcoin 2025 conference in Las Vegas, Mizrachi floated the idea of offering perks—such as faster transit—to vessels that settle tolls in Bitcoin. “What if you get your ship to go quicker if…
Pakistan is set to establish a national Bitcoin reserve, marking a significant shift in its approach to digital assets. Speaking at the Bitcoin 2025 conference in Las Vegas, Bilal Bin Saqib, head of the newly launched Pakistan Crypto Council, announced that the government will create a Bitcoin wallet to hold reserves long-term. He emphasized that…