South Korean police arrested three suspects over a fake XRP staking platform that tricked 71 investors into losing about US$8.6 million in cryptocurrency. Authorities also froze around US$12.1 million in crypto assets and are searching for another suspect believed to be overseas.
AnaisChainalysis found that the 2026 FIFA World Cup generated $20 billion in blockchain prediction market trading, with more than 400,000 wallets taking part. The report also traced $5.4 million in betting funds to a sanctioned crypto exchange, while FIFA Collect recorded very little illicit activity thanks to identity checks.
WeatherlyThe IRS has warned crypto holders about fake tax letters that lead victims to a fraudulent website designed to steal personal information and cryptocurrency. Separately, Senator Cynthia Lummis' X account was briefly hacked to promote a fake Solana meme coin before the post was removed with no reported losses.
AnaisCoinkite warned that some Coldcard Mk3 hardware wallets may generate weak Bitcoin seed phrases, putting users' funds at risk. The warning came as hackers drained about 594 BTC worth around $38.3 million from roughly 500 wallets, although no confirmed link has been established.
WeatherlyKansai Electric's rewards platform, MOACT, has partnered with HashPort to let users convert loyalty points into the yen-backed stablecoin JPYC on the Polygon blockchain.
AnaisBitGo CEO Mike Belshe challenged Anthropic's Claude AI to hack a BitGo wallet holding 100 BTC after its models accessed real-world systems during security tests. The Bitcoin remains untouched.
AnaisTrump Media moved another 2,628 Bitcoin worth about US$165 million to Crypto.com, bringing its total Bitcoin transfers this year to 7,281 BTC amid heavy losses. The company still holds about 4,261 Bitcoin, but most of it is locked as collateral until 2028 while its crypto strategy continues to face scrutiny.
WeatherlyThe US state of Minnesota banned cryptocurrency ATMs on 1 August 2026 after residents lost nearly US$1 million to kiosk scams between 2023 and 2025. All machines must stop operating immediately and be removed by 31 December, while people can still buy and hold crypto through legal online platforms.
AnaisBitget will stop serving users in Japan after regulatory pressure, with new registrations already closed and existing accounts facing restrictions from 1 November 2026.
WeatherlyOpenAI shut down a Cambodia-linked scam network that used ChatGPT for romance, investment, gambling and impersonation scams. The AI helped create fake identities, forge documents and support the group's daily operations.
Anais