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Key Takeaways: Microsoft blocked nearly 2,300 websites linked to Lumma Stealer and helped dismantle its network. Lumma has infected over 394,000 Windows devices and was used to steal passwords and crypto credentials. The action comes amid rising crypto-related cybercrime, with $51 billion stolen globally in 2024 alone. Microsoft has taken legal and technical action to…

Nearly every Singaporean has heard of cryptocurrency, but fewer are diving in headfirst, a new survey by MAS-licensed crypto exchange, Independent Reserve, revealed. Crypto awareness among Singaporeans has hit a new high of 94%. However, only 29% currently own or have owned crypto in the past year, down from 40% in 2024. “This decrease in…

Key Takeaways: U.S. spot Bitcoin ETFs recorded $609 million in net inflows on Wednesday as BTC hit a new all-time high above $111,000. BlackRock’s IBIT led daily inflows, while total ETF trading volume reached $7.64 billion. Weekly crypto inflows hit $785 million, driven by Bitcoin and Ethereum, pushing 2025’s total to $7.5 billion. U.S. spot…

Bitcoin (BTC/USD) is up big, hitting $111,888 on May 21—just 1.3% off the January 2025 high of $113,369. The move is being driven by institutional activity, particularly in futures, where open interest has hit a record $72 billion. That’s 8% higher over the last week, which means big players are getting directional. Over $3 billion…

Key Takeaways: Michigan introduced four new bills aimed at defining crypto policy and limiting federal control over digital assets. One bill would allow public pension funds to invest in Bitcoin through regulated exchange-traded products. Another bill proposes a state-level ban on supporting or promoting a U.S. central bank digital currency. Michigan lawmakers introduced four new…

Decentralized trading platform Hyperliquid hit a new milestone Thursday, with open interest climbing to a record $8.9b. The platform also posted $5.4m in 24-hour trading fees and reported a USDC total value locked of $3.2b, reflecting heightened activity across its markets. It comes as Bitcoin hit a fresh all-time high, surging past $111,000 in early…

US prosecutors have filed a case against the self-styled head of a purported blockchain firm, Amalgam, for his alleged involvement in wire fraud. $1 Million Crypto Swindle Involving ‘Sham Blockchain’ Scheme Jeremy Jordan-Jones engaged in a scheme to defraud investors of over $1 million by misrepresenting his company and its partnerships. Per the DOJ release,…

Onchain sleuth and blockchain analyst ZachXBT revealed they were mocked by the Coinbase hacker, who on Thursday swapped roughly $42.5m in Bitcoin for Ether on Thorchain. The hacker appears to have left an on-chain taunt reading “L bozo” aimed at ZachXBT on May 22. The phrase “L bozo” combines internet slang for “loser” with a…

A federal jury in the Eastern District of New York convicted former SafeMoon CEO Braden Karony on May 21 of conspiracy to commit securities fraud, wire fraud and money laundering after a 12-day trial that began on May 5. He now faces up to 45 years in prison and the forfeiture of illicit gains. Prosecutors…

Commodity Futures Trading Commission (CFTC) Commissioner Kristin Johnson is announcing her intent to leave the regulator as the agency faces a string of departures, a new statement posted to the CFTC website shows. Kristin Johnson Bids Farewell To The CFTC According to Johnson’s statement, the former Emory University professor has notified U.S. President Donald Trump…