UK gang jailed for $5.4M crypto scam impersonating police
The takedown highlights how fake-authority impersonation remains a profitable retail fraud vector, and gives UK law enforcement a fresh courtroom template for crypto-native cases.
Every crypto post from the last 24 hours.
The takedown highlights how fake-authority impersonation remains a profitable retail fraud vector, and gives UK law enforcement a fresh courtroom template for crypto-native cases.
The Friday rout started in Asian semis, not onchain, and Ether's ETF bid couldn't insulate it: $97M of inflows could not offset a single TSMC tape turn.
The position risks $852,000 in premium if ETH stays range-bound through July 24, making turbulence rather than direction the core wager.
Ether underperformed Bitcoin as crypto market cap stood at $2.25T and the Fear & Greed Index registered 27, signaling defensive sentiment.
The new client would relax relay policy rather than rewrite consensus, freeing an estimated $25M in Ordinals and Runes padding without needing a single miner's vote.
XRP and SOL spot books also stayed green on the day, pointing to selective, not wholesale, demand across the US-listed complex.
Seven fresh wallets have stripped 89,396 ETH ($164.88M) from Coinbase Prime in three days, the kind of OTC-grade accumulation that rarely leaks from institutional desks by accident.
An early-cycle $HYPE accumulator tied to a16z has rotated into distribution across Hyperliquid and three CEX venues, two days of selling pulling the token into a double-digit drawdown.
The Fundstrat chair sketched a three-phase path past 7,700 and through a 10–15% pullback before a year-end push, framing AI as the intact narrative underwriting the call.
IBIT carried the BTC bid with $33.44M of the daily haul, while spot ETH products saw a second day of redemptions led by BlackRock's ETHA.
The Block Research lines the duopoly up side by side: reserve composition, regulatory posture, and where each issuer sits as the stablecoin sector matures.
Risk assets sold off across Asia, with the Nikkei off nearly 3% and the Aussie dollar weakening as geopolitical shockwaves hit both crypto and traditional markets simultaneously.
The jurisdictional split that has defined US crypto oversight for a decade is up for renegotiation, and the choice between securities and commodities frameworks will decide which products clear and…
The wallet converted 405 ETH into 5.04M CASHCAT at roughly $0.149 per token; that stack is now worth around $290K, a clean case study in memecoin entry timing.
1.389 billion USDT moved on Binance P2P in Venezuela over a single month, equivalent to roughly 75% of national oil export revenue, a dollar-substitution signal that reaches past the crypto page.
Ansem's read: HYPE and PUMP both repurchase tokens, but only one has held a trust premium, and the FDV gap shows it.
The alleged 2020-era breach dwarfs prior state-actor election incidents and lands days before a US-China leader call, raising fresh questions over data-resilience and retaliation posture.
The product monetises Trump's audience as a sentiment data layer for trading desks and macro funds, a bet that political chatter is investable signal at machine speed.
Bipartisan market-structure legislation is rolling out without the other side of the bipartisan coalition, and that is the actual story, not the bill text.
The all-stock-plus-cash structure is the visible hurdle, but the bigger signal is that PayPal's directors still see the company's standalone value above what two of fintech's heaviest buyers are…