Fenbushi Co-Founder Offers Bounty to Recover $42M Stolen Crypto

Investigators have frozen about $1.2 million as efforts continue to trace funds lost in a wallet breach linked to a seed phrase compromise. Bo Shen, the co-founder of venture capital firm Fenbushi Capital, offered a bounty to recover about $42 million in digital assets stolen from his personal wallet in a 2022 hack.ย  Shen said Thursday that he was offering a 10%-20% bounty on the recovered amount to any individual or organization that makes a substantial contribution to recovering the assets.ย Shen said onchain investigators ZachXBT and Taylor โ€œTayvanoโ€ Monahan had…

UK Pushes Ahead Temporary Ban Crypto Political Donations

The UK government is advancing plans for a moratorium on political donations made through cryptocurrencies, following an independent review and pressure from multiple high-ranking politicians. Cointelegraph reported on Wednesday that the Rycroft Review, an independent inquiry into foreign financial interference in the UKโ€™s political and electoral systems, recommended a moratorium on crypto donations to political parties. New statements from UK Prime Minister Keir Starmer on Wednesday have confirmed that they will pursue the temporary ban. โ€œI can tell the House we will act decisively to protect our democracy. That will…

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Coinbase Not Supporting New Crypto Bill Compromise: Report

Crypto exchange Coinbase is reportedly against the latest compromise over stablecoin yields that the Senate is looking to include in its crypto market structure bill. Coinbase representatives told Senate lawmakers in a meeting on Monday that they had concerns over the language around stablecoin yields in the new compromise version of the bill, Punchbowl News reported Wednesday, citing four people briefed on the exchange. A proposal that circulated earlier this week would have reportedly prevented third parties, such as exchanges, from paying stablecoin yields, a measure aimed at addressing banksโ€™…

Spanish Law Enforcement Arrests French Fugitive Linked to Violent Crypto Kidnapping โ€“ Crypto News Bitcoin News

Multi-City Surveillance and Arrest The Spanish Civil Guard arrested a fugitive in Benalmรกdena, Mรกlaga, wanted by French authorities for his alleged role in the violent kidnapping of a cryptocurrency entrepreneur and his wife. The arrest was carried out under a European Arrest Warrant and required a large-scale security operation due to the suspectโ€™s dangerous profile and ties to organized crime. The case stems from a high-profile incident in France, where masked assailants abducted the victims at gunpoint after they dropped their children at school. The kidnappers demanded more than $10…

These Bitcoin Bottom Signals Are Screaming BUY

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Binance Lists Six Red Flags Traders Should Know โ€“ Crypto News Bitcoin News

What Is Crypto Market Manipulation? Binance Explains Key Warning Signs Binance, the worldโ€™s largest crypto exchange by volume released the guidance on Wednesday, outlining six behavioral red flags it says can indicate manipulation or misaligned incentives in market-making arrangements. The blog post targets both token issuers who hire market makers and retail users trading newly listed or volatile assets. Market makers play a structural role in crypto markets. They post continuous buy and sell orders on trading pairs, tighten spreads, and absorb price swings โ€” particularly on assets with lower…

Crypto Hodlers – There is a PROBLEM here

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Grayscale Sees Crypto Valuations Recovering as Global Pressures Begin to Ease โ€“ Markets and Prices Bitcoin News

Crypto Stability Emerges as Oil Drops and Risks Ease Shifting geopolitical expectations have begun to ease pressure across global markets, with Grayscale Head of Research Zach Pandl outlining on March 23 how crypto assets have remained stable during the war with Iran. The analysis connects digital asset performance to both macro volatility and evolving market sentiment. Energy markets, which had surged on supply fears, have reversed sharply in recent days as diplomatic signals altered trader expectations. Oil benchmarks have dropped more than 5% as of March 25, with Brent crude…

Michael Saylor Is Actually Out Of Control (bitcoin news)

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