An American tourist visiting London claims he was abducted, drugged, and robbed of his life savings by a man posing as an Uber driver.
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Category: Cryptocurrencies
Ripple CEO Slams Sen. Lummis After Canceled Talks – $5B Circle Bid Looms
Ripple CEO Brad Garlinghouse has rebuked Sen. Cynthia Lummis for canceling a planned meeting in Washington, as Ripple has advanced a $4–5 billion bid for USDC issuer Circle. Circle remains in talks with Ripple and Coinbase, whose stake in Circle and control of USDC operations strengthen its position.
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Bancor Launches Historic Patent War Against Uniswap – Could This $40B DEX Battle Redefine DeFi IP Rights?
Bancor has filed a landmark patent infringement suit against Uniswap in New York, asserting the DEX has used its patented constant-product AMM since 2018 without permission. The outcome could set a precedent for how decentralized finance protocols protect, share, and monetize core code.
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SEC Chair Grilled Over Trump Meme Coin and Justin Sun’s $75M Ties – Is Crypto Regulation About to Shift?
Members of Congress have pressed SEC chair Paul Atkins on why the agency has paused its fraud case against Justin Sun while the crypto figure backs a Trump-linked meme coin, asking if political ties are at play. Atkins has said the inquiry remains active and promised clearer crypto rules ahead.
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AML Agency Tells Russians: Crypto Exchanges Send Us Your Transaction Data
Moscow’s AML agency has warned Russians that crypto exchanges and brokers operating in the country are providing police with transaction data.
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SEC Charges Crypto Project Unicoin Over $100M Token Sale Fraud
The SEC charged Unicoin with orchestrating a fraudulent securities offering that raised over $100m from thousands of investors from Feb. 2022 onward.
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Warren Slams GENIUS Act as “Crypto Corruption” Bill, Warns of Trump Profiteering and Financial Collapse
Elizabeth Warren has cautioned that Senate passage of the GENIUS Act, championed by President Trump, would expand the USD1 stablecoin and hand the president oversight of it, a combination she says imperils U.S. financial stability, national security, and consumer protection.
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TechCrunch Founder Warns Coinbase Data Breach “Will Lead to People Dying”
TechCrunch founder Michael Arrington has warned that Coinbase’s breach exposing customer addresses and balances poses life-threatening risk. He has demanded criminal penalties for negligent executives and urged a rethink of KYC rules, as analysts call for better crypto security education.
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Will Lee Jae-myung’s Won-Backed Stablecoin Stem Korea’s $40.8B Crypto Outflow?
South Korea’s presidential hopeful Lee Jae-myung has outlined a won-backed stablecoin market that he says will plug a ₩56.8 trn crypto capital leak, lessen dependence on USDT/USDC, and complement plans to legalize spot crypto ETFs and regulated institutional investments.
The post Will Lee Jae-myung’s Won-Backed Stablecoin Stem Korea’s $40.8B Crypto Outflow? appeared first on Cryptonews. …
Robinhood Pushes SEC for Tokenized RWAs as $30 Trillion Market Looms
Robinhood has proposed a federal framework for tokenized real-world assets, urging the SEC to treat stock- and bond-backed tokens as legal equivalents. Its 42-page filing describes an RRE exchange that blends off-chain matching, on-chain settlement, identity verification, and AML compliance.
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