North Korean nationals used fake identities to get remote IT jobs at US blockchain firms, stealing nearly $1 million in crypto and accessing sensitive data. The scheme involved US and Asian facilitators, with the DOJ cracking down through arrests, raids, and website shutdowns.
WeatherlyMalaysia’s Securities Commission has proposed allowing certain digital assets to be listed directly by exchanges without prior approval, aiming to speed up token launches while making exchanges more responsible. The regulator also plans stricter rules on exchange operations and client asset protection to address risks as crypto trading grows rapidly in the country.
AnaisOpenAI gave all staff a week off to slow down Meta’s aggressive hiring, after losing several researchers to Zuckerberg’s new AI team. Meta reportedly offered up to $100 million in pay packages, causing anxiety inside OpenAI as leaders scramble to stop more staff from leaving.
AnaisFigma has quietly invested over $69 million into a Bitcoin ETF and plans to buy more using $30 million in USDC. The move was revealed in its IPO filing, showing Bitcoin is now part of its company treasury alongside traditional assets.
JoyRussian police shut down a large illegal crypto mining farm in St. Petersburg that stole electricity and caused over 10 million rubles in damage. At the same time, authorities warned the public about rising crypto scams where fake traders trick people into handing over their money and account access.
WeatherlyThe SEC has approved Grayscale’s plan to turn its Digital Large-Cap Fund into an ETF, giving investors easier access to a basket of major cryptocurrencies. This move could lead to more crypto ETFs being approved in the US, including ones for altcoins like Solana, XRP, and Cardano.
AnaisA U.S. judge has allowed Celsius to sue Tether over the forced sale of 39,545 Bitcoin during its 2022 collapse, which Celsius says caused over $4 billion in losses. The court rejected Tether’s argument about being outside U.S. jurisdiction, meaning key claims like fraud and breach of contract will go ahead.
AnaisRipple has applied for a US national bank charter and a Federal Reserve account to support its stablecoin RLUSD. The move comes as new laws push stablecoin issuers to meet tougher rules, with Ripple aiming to boost trust and compete with USDC and USDT.
WeatherlyRobinhood offered tokens linked to OpenAI and SpaceX shares to European users, but OpenAI denied any involvement and warned the tokens do not represent real equity. Elon Musk called the OpenAI tokens "fake", and critics say the scheme is misleading and legally unclear.
AnaisNorth Korean hackers have secretly taken jobs inside crypto firms, posing as developers and IT staff to gain access from within. Investigations have found hundreds may be working in the industry, with some linked to thefts and scams using insider permissions.
Weatherly