Federal court ruling returns $9 billion in bitcoin to Bitfinex following the 2016 hack. Learn more about the restitution process and claim deadline. Federal Court Decision Marks Major Step Toward Cryptocurrency Restitution A U.S. federal court has ruled that 94,643 bitcoins, valued at over $9 billion, will be returned to Bitfinex, following a voluntary restitution…

Telegram Malware attacks have upended traditional phishing attacks as the main boogeyman in the crypto industry at the moment.  A mini report by Scam Sniffer, a trusted source on Web 3 security revealed that Telegram Malware attacks surged by a whopping 2000% from November 2024 to January 2025.  Scam Sniffer in an X thread explained…

Tether has filed a lawsuit against Swan Bitcoin in the UK High Court, citing breaches of agreements. Learn about the escalating legal dispute and its implications for the cryptocurrency industry. Legal Dispute Highlights Growing Tensions in the Crypto Sector Tether, the world’s largest stablecoin issuer, has reportedly filed a lawsuit against Swan Bitcoin in the…

United States citizens who buy and sell digital assets will have their transactions screened by the Internal Revenue Service (IRS) starting this year.  The new development follows the IRS’s initiative to create a third-party reporting system for crypto transactions conducted on centralized exchanges in the US.  Centralized exchanges like Coinbase and Gemini will send transaction…

The SEC appeals the XRP ruling, challenging retail investor classifications. Ripple dismisses the move as repetitive and signals confidence in thriving despite ongoing litigation. The U.S. Securities and Exchange Commission (SEC) has escalated its legal battle against Ripple Labs, filing an appeal to challenge a recent district court ruling on XRP token classifications. The SEC’s…

A Russian natonal was sentenced to seven years in prison for high treason after using cryptocurrency to fund Ukraine’s Armed Forces. Russian National Sentenced To Prison A Russian national has been sentenced to seven years in prison for high treason after using cryptocurrency to fund the Ukrainian Armed Forces, marking one of the first cases…

Key Takeaways: Swiss state-owned PostFinance has launched Ethereum (ETH) staking for its 2.7 million customers, enabling investments from 0.1 ETH and requiring a 12-week minimum staking period. The service, integrated into existing platforms, highlights transparency and security with native staking directly on the Ethereum blockchain. PostFinance plans to expand its offerings beyond Ethereum, reinforcing its…

Fidelity Investments buys $463 million worth of Bitcoin, signaling growing institutional interest as BTC price predictions rise for 2025.

Key Takeaways: Jio Platforms partners with Polygon Labs to bring Web3 to 450M users. The collaboration focuses on blockchain-based tools for finance, entertainment, and healthcare sectors. India’s Web3 adoption accelerates, enhancing transparency, efficiency, and digital innovation. Jio Platforms Ltd., India's leading digital service provider, has partnered with Polygon Labs to integrate Web3 capabilities into its…

Ripple’s CEO Garlinghouse discusses the potential inclusion of XRP, SOL, and USDC in U.S. strategic crypto reserves at CfC St. Moritz.