Fewer victims paying ransoms may change the way attackers operate, but the risk of financial loss remains high Ransomware attacks involving cryptocurrency saw a significant increase in 2025, with hackers shifting focus toward smaller businesses and medium-sized targets. According to blockchain analytics firm Chainalysis, there were nearly 8,000 ransomware incidents last year, a 50% rise
If signed, HB1042 could give residents the ability to diversify retirement portfolios with digital assets Indiana lawmakers have approved a bill aimed at protecting cryptocurrency users and expanding investment options within state retirement plans. House Bill 1042 passed the legislature with a 59-33 vote and now awaits Governor Mike Braun’s signature. The legislation would prohibit
The company could face additional regulatory or legal actions Binance is under scrutiny from the US Senate over claims it handled transactions linked to sanctioned entities in Iran and Russia. The investigation was triggered by reports suggesting the crypto exchange processed roughly $1.7 billion in transfers tied to Iranian government-affiliated organizations and Russian oil operators
Company executives described the projects as a solid base for long-term growth Bitcoin hardware manufacturer Canaan has expanded its US footprint by acquiring Cipher Mining’s 49% interest in three Texas-based mining ventures for $39.75 million. The assets, known collectively as the ABC Projects, include Alborz LLC, Bear LLC, and Chief Mountain LLC. Following the transaction,
A similar effort last year failed to make it out of committee Missouri lawmakers are taking another step toward creating a state-level Bitcoin reserve. House Bill 2080 was recently sent to the Missouri House Commerce Committee for review. The referral moves the proposal further along in the legislative process after its introduction earlier this year.
The company said its strategy no longer aligns with the direction of the industry On-chain analytics company Parsec has announced it is shutting down after five years in operation. The firm shared the news on X, marking the end of a business that launched during the last major crypto boom. Leadership said shifting market conditions
Senator Bernie Moreno is optimistic that support for the bill is growing A key lawmaker says the US CLARITY Act could clear Congress by April, offering long-awaited rules for the crypto sector. Senator Bernie Moreno shared that timeline during a CNBC interview in Florida, signaling growing momentum behind the proposal. The bill is designed to
If cleared, these ETFs would bring prediction-style trading into mainstream brokerage accounts Bitwise Asset Management and GraniteShares have filed paperwork with the US Securities and Exchange Commission to introduce a new type of exchange-traded fund tied to US election outcomes. The products would track political event contracts rather than traditional stocks or bonds. Bitwise plans
The burger-to-Bitcoin approach has delivered measurable growth at the register Steak ‘n Shake says its decision to accept Bitcoin has delivered strong business results. The burger chain began rolling out Bitcoin payments in May 2025, directing every crypto transaction into a corporate treasury reserve. Nine months ago today, Steak n Shake launched its burger-to-Bitcoin transformation
Part of the agreement will see Apollo strengthening onchain lending markets built on Morpho’s protocol Apollo Global Management is expanding its footprint in digital assets through a new agreement with decentralized lending protocol Morpho. The partnership was announced by the Morpho Association, the nonprofit group that supports the DeFi platform’s development and governance. Under the
Victims may qualify for restitution in the $200-million theft between 2019 and 2021 A federal judge in Virginia has sentenced Ramil Ventura Palafox, founder of Praetorian Group International, to 20 years in prison for running a large cryptocurrency Ponzi scheme. Prosecutors said the operation collected more than $200 million from investors between 2019 and 2021.
Leaders of the disgraced exchange have either already been sentenced or face sentencing Peer-to-peer crypto marketplace Paxful has been ordered to pay a $4 million penalty after admitting it benefited from criminal activity on its platform. The US Justice Department said the company pleaded guilty in December to charges tied to promoting illegal prostitution, transmitting
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