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Crypto
Ex-FBI agent charged with stealing $1 million in crypto from seized wallets, sought ChatGPT investment advice
A former FBI supervisory special agent has been charged with stealing about $1 million in cryptocurrency by using access information from wallets obtained during investigations. Prosecutors say Patrick Steven Yaroch moved funds from target wallets to accounts he controlled while working in the FBI’s counterintelligence and espionage unit and holding Top Secret clearance. Investigators found a Trezor hardware wallet, seed phrases and assets in his Kraken account, and recovered ChatGPT chats about investing $1 million and obtaining EU residency or citizenship.
Crypto
ECB selects 36 companies to test digital euro ahead of 2027 pilot
The European Central Bank has selected 36 payment service providers to take part in tests of the digital euro ahead of a pilot programme due to start in the second half of 2027. The ECB plans to move the project from the design stage to a testing stage and run a 12-month beta test. The list includes fintech firms such as Stripe and Revolut and banks including Deutsche Bank and UniCredit.
Crypto
Binance, Changpeng Zhao sued in UK by investors seeking 310 billion won
A group of 1,692 UK investors has filed a class action lawsuit against Binance and its founder and former CEO Changpeng Zhao (창펑 자오), seeking damages and compensation for losses. The claim, lodged at the London High Court, alleges Binance sold and promoted crypto derivatives to UK consumers without authorisation from 2019. Plaintiffs say the conduct breached UK financial law and are also seeking interest under the High Court Act 1981.
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Crypto
EU MiCA rules drive crypto firms\' exodus to Dubai
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Crypto
Coinbase, OKX step up sign-up bonuses after Binance limits EU services
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Crypto
OKX Europe CEO says 80 percent of unlicensed MiCA exchanges to exit after July 1
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Crypto
Binance withdraws Greece MiCA application, seeks new EU licensing base
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Crypto
Whitebit secures MiCA licence in Austria ahead of July 1 EU deadline
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AI & Enterprise
SKT develops chip-based quantum cryptography technology in joint EU research
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Crypto
Euro stablecoin project Kibalis adds 25 banks ahead of launch
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Industry
Yeocheon NCC raises naphtha cracker utilisation to 65 percent
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Crypto
Binance applies for MiCA licence in Greece