The 24-hour deadline set by hackers extorting Revolut has expired, but there is so far no independent confirmation that the group has followed through on its threat to sell sensitive customer information to other criminals.A threat actor calling itself “iamnotavillain” publicly demanded 6,000 Monero, worth approximately $3 million, from the fintech this week. The demand
S&P Global has agreed to acquire OpenZeppelin, one of the crypto industry’s most established smart contract security companies, in a deal that will expand the financial data and ratings group’s capabilities into onchain technology risk.The companies announced the agreement on September 17. Financial terms were not disclosed, and the transaction remains subject to customary closing
European Central Bank President Christine Lagarde personally intervened against Binance’s attempt to obtain a European Union-wide crypto license through Greece, according to the Wall Street Journal, helping derail a regulatory application that the exchange says had already satisfied the technical requirements of the bloc’s Markets in Crypto-Assets framework.Lagarde privately advised Greek officials against approving Binance’s
Why Did OFAC Target BitBank? The U.S. Treasury Department has sanctioned Iranian cryptocurrency exchange BitBank, alleging the platform was used to transfer hundreds of millions of dollars in bitcoin to the Islamic Revolutionary Guard Corps.The Office of Foreign Assets Control designated BitBank on September 17 alongside its software developer, Pishtaz Simorgh Electronic Trade Company, and
Moscow Exchange will launch perpetual-style futures linked to five major cryptocurrencies on September 22, expanding regulated digital-asset exposure for qualified Russian investors without allowing them to take possession of the underlying tokens.The new contracts will track Moscow Exchange indexes for Bitcoin, Ether, Solana, XRP and Tron, the exchange announced on September 16. They will be
There is an important limitation to the “everything-exchange” story.The front end may be converging faster than the financial system behind it.Coinbase’s U.S. stock offering, for example, is provided through Coinbase Capital Markets, its broker-dealer, while crypto services are provided separately. Stocks can appear beside crypto in the application and customers can move between them relatively
Hackers claiming responsibility for the recent Revolut data breach have demanded approximately $3 million in Monero and imposed a 24-hour deadline, escalating an incident that exposed sensitive information belonging to hundreds of the fintech company’s customers.The group, calling itself “iamnotavillain,” published the ultimatum on a website alongside a countdown clock on September 16, according to
Crypto venture-capital investment rebounded sharply during the second quarter of 2026, with investors deploying $5.68 billion into private cryptocurrency and blockchain companies as larger, later-stage financing rounds revived funding activity.Capital invested increased 31% from the previous quarter, while the number of completed transactions rose 10% to 384, according to Galaxy Research’s quarterly venture report published
Securities and Exchange Commission Chair Paul Atkins has said the U.S. government will continue delivering regulatory clarity for crypto “with or without” new legislation, signalling that the agency intends to use its existing authority even after Congress failed to advance the CLARITY Act. Atkins made the remarks on September 14 at the Solana Policy Institute
Kraken parent Payward plans to offer eligible U.S. clients access to new perpetual futures markets built on Hyperliquid’s blockchain, combining onchain execution with a regulated U.S. derivatives structure.The company said on September 16 that it intends to begin with Hyperliquid’s HIP-3 framework, which allows third parties to deploy and administer their own perpetual futures markets.