EU Watchdogs Warn of MiCA Impersonation Scams Targeting Crypto
MiCA turns authorization status into a frontline trust signal as EU users distinguish firms allowed to serve them from impersonators.
MiCA turns authorization status into a frontline trust signal as EU users distinguish firms allowed to serve them from impersonators.
Tarsha allegedly drained SAFT proceeds into gambling, crypto speculation, and a Miami condo while staging a fake marketplace to keep investors in the dark.
The market backdrop remains cautious, with BTC dominance at 56.8%, an Altcoin Index score of 45/100 and Fear & Greed at 25, or Extreme Fear.
The $114M drained from best-practice self-custody users is the strongest argument yet that holding your own keys still means trusting the silicon.
The case lands before Judge Lewis Kaplan, who sentenced Sam Bankman-Fried, signaling federal prosecutors are treating NFT fraud with the same seriousness as the FTX collapse.
The 77,000 BTC moving isn't selling pressure; it's users fleeing a hardware-wallet bug. Every bearish on-chain reading this week is suspect, since the largest flow since FTX wasn't economic, it was…
The disconnect is the story: spot ETFs absorbed $170M while retail sat in Extreme Fear and Strategy sold 1,638 BTC into the bid without breaking $63K.
Galaxy Research has traced 1,596 BTC stolen across three confirmed attack waves, with a suspected fourth wave that would push total losses to roughly 2,000 BTC.
Four Coldcard wallet sweeps have drained hundreds of BTC, yet BTC still trades above $63,000. The bid is treating it as a per-holder operational leak rather than a protocol-level event.
The 55% surge in on-chain activity is the cleanest real-time signal that the Coldcard breach is forcing users to move funds, not just talk about it.
The law forces unlicensed operators to make victims whole, reframing the Bitcoin ATM from a quick-cash kiosk into a regulated money-transmission product.
Four wallets linked to the staffer bought 80% of supply for $10K then dumped for $638K, a textbook insider-extraction pattern that CZ himself called a scam.
The figure is roughly twice the early read on the incident and lands Coldcard inside a growing supply-chain risk tier no Bitcoin custodian can ignore.
A full chain freeze routed to a support inbox, not an on-chain recovery path, is the kind of operational failure that tests whether decentralisation still means anything when a single team can stop…
A March 2021 firmware flaw keeps paying out three years later, and the attacker is now grinding smaller balances through a third wave that hides its collector addresses.
Michael Coates, ex-Twitter and Mozilla security lead, says attackers are moving off smart contracts and onto people, with full spoofed voice calls as the near-term threat.
Roughly $38M has been swept from single-sig seeds generated between 2021 and 2023, and the exploit is unpatchable by design: any firmware fix would tip off attackers to wallets still holding funds.
The seed-randomness flaw had lurked in firmware since March 2021 and went unnoticed for years, exposing the practical ceiling of single-device self-custody for serious BTC holders.
Galaxy mapped the July 30 sweep to 1,196 wallets and 1,082 BTC drained in 41 minutes via a seed-generation bug that collapsed the keyspace to a few billion options.
BTC is on track to close July up about 7.5% despite rate-hike fears, climbing yields and an AI-led equity unwind, with analysts pointing to a late-June leverage flush as the reason there was no…