Vince Dioquino

5 days ago | decrypt.co | Vince Dioquino

In briefGerman prosecutors have announced the seizure of $37.4M (€34M) in cryptocurrency and hardware from eXch. The exchange allegedly facilitated money laundering from the Bybit hack and other significant thefts. On-chain investigators have accused eXch of processing "tens of millions of dollars" in stolen assets. Decrypt’s Art, Fashion, and Entertainment Hub.

6 days ago | decrypt.co | Vince Dioquino

In briefMARA reported a substantial $533 million net loss largely due to Bitcoin valuation adjustments. Revenue grew 30% year-over-year to $214 million but still missed expectations. Its mining output fell 19% despite doubling its hashrate after the 2024 Bitcoin halving, which slashed block rewards. Decrypt’s Art, Fashion, and Entertainment Hub.

6 days ago | decrypt.co | Vince Dioquino

In briefKuwait has questioned 116 over illegal crypto mining as part of a crackdown. Authorities are investigating the illegal use of electricity for crypto mining across 59 residential properties. Kuwaiti residents pay just 4.6 cents per kilowatt-hour of electricity, four times less than the U.S. average. Decrypt’s Art, Fashion, and Entertainment Hub.

1 week ago | decrypt.co | Vince Dioquino

In briefG7 leaders are expected to discuss North Korea’s use of crypto hacks to fund weapons programs next month, amid heightened geopolitical tensions. The DPRK has stolen billions in crypto through advanced cyberattacks, including high-profile breaches like Axie Infinity and Bybit. Officials are increasingly concerned about Pyongyang’s deepening ties with Russia and the growing sophistication of its cyber units. Decrypt’s Art, Fashion, and Entertainment Hub.

1 week ago | decrypt.co | Vince Dioquino

In briefU.S. national banks can now buy, sell, and manage crypto assets under custody following new OCC guidance. The OCC also permits banks to outsource crypto custody and execution services to third parties. The decision marks a rollback of prior restrictions and a coordinated policy shift across U.S. financial regulators. Decrypt’s Art, Fashion, and Entertainment Hub.