Tag: Crypto

Crypto Theft Drops in February as Phishing and Wallet Approval Scams Rise

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Crypto-related hacks declined sharply in February, but attackers are increasingly targeting users through phishing campaigns and malicious wallet approvals — a shift suggesting they are focusing more on exploiting human behavior than on vulnerabilities in smart contracts. According to Nominis’ monthly report, roughly $49 million was lost to crypto-related exploits in February. A single breach involving Step Finance, a portfolio dashboard and analytics platform built on the Solana blockchain, accounted for the bulk of the losses, with attackers draining approximately $30 million. The February figure marks a steep decline from…

UK Government‘s Long-Term Fraud Strategy Labels Crypto as ‘Growing Risk‘

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A policy paper from the UK government’s Home Office said that “vulnerabilities remain” in authorities’ attempts to fight fraud in emerging payments, including digital assets. The UK government has issued a policy paper on how to combat fraud against individuals and businesses from 2026 to 2029, specifically noting that its strategy would consider digital assets. In a paper published on Monday, the UK’s Home Office identified cryptocurrencies as one medium of exchange “where victims are deceived into willingly transferring money” through scams on social media platforms and messaging. According to…

Thailand Crypto Operators Freeze 10,000 More Accounts in AML Crackdown

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Thai cryptocurrency platform operators have reportedly frozen more than 10,000 accounts suspected of being used to launder illicit funds, as the country steps up efforts to crack down on so-called mule accounts. The freezes followed the rollout of stricter screening measures aimed at slowing suspicious crypto transfers and requiring additional Know Your Customer checks before higher-risk transactions are completed, according to local reporting from the Bangkok Post on Tuesday. The tighter process helped operators identify and freeze more than 10,000 suspected mule accounts, Att Thongyai Asavanund, chief executive of KuCoin…

Trump Iran War Signals Lift Crypto, Sink Oil Prices

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Oil prices fell while cryptocurrencies posted modest gains on Monday after US President Donald Trump told reporters that war with Iran could be coming to an end — even as he later ramped up the war rhetoric again on social media. In a phone interview with CBS News on Monday, Trump made it appear that the war in Iran was wrapping up. The US military claims to have struck more than 3,000 Iranian targets in the first week of operations. “I think the war is very complete, pretty much,” Donald…

US Banking Group Weighs OCC Lawsuit Over Crypto Trust Charters

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A US trade group made up of some of the country’s biggest banks is reportedly considering suing the Office of the Comptroller of the Currency (OCC), arguing that granting crypto firms bank charters could put Americans and the financial system at risk.  According to a report on Monday by The Guardian, citing a “source familiar with the lobby’s thinking,” the Bank Policy Institute (BPI) is weighing legal options after the OCC failed to heed warnings from banking groups over its reinterpretation of federal licensing rules. In December, the OCC granted…

Crypto Traders Ignore High Oil Prices As BTC, Altcoins Rally

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Key points: Rising oil prices have not hurt crypto sentiment as buyers attempt to push Bitcoin above $69,000 Buyers are attempting to propel several major altcoins above their overhead resistance levels, indicating demand at lower levels. A sharp rally in oil prices failed to deter cryptocurrency buyers who pushed Bitcoin (BTC) above $69,000 on Monday. Although the spot BTC exchange-traded funds witnessed outflows on Thursday and Friday, the week saw net inflows of $568.45 million per SoSoValue data.  That was the second successive week of net inflows, a first in…

Blockchain.com Expands Crypto Trading Platform to Ghana

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Crypto brokerage company Blockchain.com is expanding into Ghana as part of a broader push to grow its presence across Africa, following rapid user growth in Nigeria over the past year. The company said it plans to offer Ghanaian users access to its trading platform as it builds out regional infrastructure and explores additional African markets. The expansion follows strong growth in Nigeria, where the company launched retail operations last year and reported more than a 700% increase in brokerage transaction volume. According to the company, the most traded assets on its platform in the country have…

Bitmine adds 61K ETH as prices hit $2K, Tom Lee says mini crypto winter may be ending

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Bitmine Immersion Technologies expanded its Ethereum treasury by purchasing roughly 61,000 ETH, bringing its total holdings to 4,534,563 ETH as prices climbed back above the $2,000 level. The move came as the broader crypto market rallied. Bitcoin surged toward $69,000 while Ethereum reclaimed $2,000, reflecting renewed investor interest in digital assets amid escalating geopolitical tensions surrounding Iran and volatility across traditional markets. As of March 8, 2026, Bitmine reported total crypto, cash, and strategic investments of about $10.3 billion. The company holds 4.53 million ETH valued around $1,965 per token,…

Oil chaos sends crypto and equities in opposite directions

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For nearly a decade, the prevailing wisdom has been that crypto trades in lockstep with risk assets. Stocks go down, Bitcoin goes down. Simple enough. Monday’s session just threw a wrench into that narrative. A prolonged shipping crisis in one of the world’s most critical oil chokepoints sent equities tumbling at the open — while Bitcoin, Ethereum, and a handful of major altcoins climbed as if they hadn’t gotten the memo. What happened at Hormuz The Strait of Hormuz handles roughly 21% of global petroleum consumption on any given day.…