Grosscrypto News

BitRiver founder charged in Russia over alleged $8M fraud

BitRiver founder charged in Russia over alleged $8M fraud - Latest Cryptocurrency News

Russian authorities charged BitRiver founder Igor Runets with alleged fraud tied to a $8 million crypto mining equipment deal involving Russian billionaire Oleg Deripaska.

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Samsung unit explores stablecoin infrastructure with Upbit’s operator

Samsung unit explores stablecoin infrastructure with Upbit’s operator - Latest Cryptocurrency News

Samsung SDS is discussing stablecoin infrastructure and AI-based payment models with Dunamu, the operator of South Korean crypto exchange Upbit.

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Hedge fund with $1.1B in Bitcoin miner stocks seeks capital after AI sell-off: FT

Hedge fund with $1.1B in Bitcoin miner stocks seeks capital after AI sell-off: FT - Latest Cryptocurrency News

The FT said Situational Awareness has approached investors and lenders after borrowing amplified losses during July’s AI stock sell-off.

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Australia sues Telegram over alleged failures to remove terror content

Australia sues Telegram over alleged failures to remove terror content - Latest Cryptocurrency News

Telegram faces Australian court proceedings after eSafety alleged the platform failed to detect and remove extremist material shared by users.

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Chinese newspaper warns of Bitcoin extortion scam using its name

Chinese newspaper warns of Bitcoin extortion scam using its name - Latest Cryptocurrency News

China Business Journal says fraudsters impersonated the publication, demanding Bitcoin to suppress purported investigative reports about targeted companies.

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Bitcoin ETF inflows return as Ether funds slip into outflows

Bitcoin ETF inflows return as Ether funds slip into outflows - Latest Cryptocurrency News

US spot Bitcoin ETFs recorded $32.1 million in inflows on Wednesday despite Bitcoin dipping below $64,000, ending a four-session outflow streak.

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South Korea report proposes stablecoin rules before crypto law

South Korea report proposes stablecoin rules before crypto law - Latest Cryptocurrency News

Policy report recommends interim licensing guidance, greater flexibility for stablecoin issuers and rules ahead of the Digital Asset Basic Act.

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US sanctions Iranian maritime firm, says it accepted Bitcoin to evade restrictions

US sanctions Iranian maritime firm, says it accepted Bitcoin to evade restrictions - Latest Cryptocurrency News

The US Treasury said HormuzSafe accepted Bitcoin and other digital assets to evade sanctions and generate revenue for Iran’s Islamic Revolutionary Guard Corps.

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Luno cuts 20% of staff as crypto layoffs spread across 12 firms in July

Luno cuts 20% of staff as crypto layoffs spread across 12 firms in July - Latest Cryptocurrency News

Luno and Gnosis joined a widening round of crypto restructurings in July, when at least 12 companies reported job cuts.

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Japanese game developer launches Bitcoin, altcoin fund with SBI

Japanese game developer launches Bitcoin, altcoin fund with SBI - Latest Cryptocurrency News

The Bitcoin and altcoin fund builds on Gumi’s growing crypto business centered around XRP, with the company nearly doubling its crypto holdings over the past year.

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