The Singapore High Court rejected WazirX’s restructuring bid over transparency concerns tied to its $234.9 million hack. In response, the India-focused exchange is relocating to Panama and rebranding as Zensui, raising questions amidst Singapore’s tightening crypto regulations.
CatherineMoroccan police have arrested Badiss Mohamed Amide Bajjou in Tangier, a key suspect in France’s crypto kidnapping cases. His arrest follows an Interpol Red Notice and the earlier capture of 25 associates. A second suspected mastermind remains at large.
KikyoReddit has sued AI startup Anthropic for using millions of user comments without permission to train its chatbot, accusing it of ignoring requests to stop and breaking user agreements. This lawsuit is part of a broader legal battle between content creators and AI firms over the use of data without proper consent or payment.
WeatherlyElon Musk, with Rep. John Rose, is urging Americans to oppose Trump’s “One Big Beautiful Bill,” saying it undoes past spending cuts. The bill passed the House but faces Senate pushback, raising questions about Musk’s shift from ally to critic.
CatherineCircle raised $1.1 billion in its IPO after pricing shares at $31 due to strong investor demand. The listing puts the stablecoin firm on the New York Stock Exchange, with major backing from BlackRock and ARK.
AnaisAuthorities in Zaporizhia have arrested a 35-year-old man suspected of breaching over 5,000 user accounts linked to a major international hosting provider. According to the police, the alleged cyberattack resulted in damages exceeding $4.4 million.
KikyoCalifornia has passed a bill to claim inactive cryptocurrency from exchange accounts after three years with no user activity. The assets will not be sold but held safely until owners reclaim them.
WeatherlyUS authorities seized 145 domains and crypto linked to BidenCash, a dark web marketplace accused of selling over 15 million stolen credit cards and earning $17 million. The site promoted itself by leaking card data to attract cybercriminals.
CatherineUS and El Salvador held a high-level meeting to strengthen cooperation on Bitcoin and digital assets. They discussed ways to work together on Bitcoin innovation and develop clearer crypto regulations.
WeatherlyA man who promoted a fake crypto project linked to stem cell tech has been ordered to pay over $1.1 million. He ignored the SEC’s fraud lawsuit, leading to a default judgment in court.
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