Headlines

How On-Chain Evidence Fueled a Citizen’s Arrest of a Crypto Scammer in Pasay City

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. In peer-to-peer (P2P) cryptocurrency trades, fraudsters often rely on social engineering, technical jargon, and the gap between digital wallets and physical cash. But unlike traditional financial fraud, every cryptocurrency transfer leaves an immutable public receipt…

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Dutch Court Hears Crypto Dispute Kidnapping Case

Key Takeaways A man was charged by Dutch prosecutors over a May 1 crypto dispute involving extortion of $69,000. Risky crypto schemes spur offline extortion threats, carrying up to 15 years under Dutch law. Suspect was released on probation before the Amsterdam court holds its next hearing on Sept. 8. Legal Penalties Under Dutch Law…

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Senators Demand SEC Probe Into Trump Memecoin After $3.8B Losses

Key Takeaways Senators urged the SEC to investigate possible fraud involving $TRUMP. Nearly one million investors reportedly lost $3.81 billion. Trump-affiliated entities received $636 million as the token fell about 98%. Senators Ask SEC to Investigate $TRUMP U.S. Senators Elizabeth Warren (D-MA) and Richard Blumenthal (D-CT) urged the U.S. Securities and Exchange Commission (SEC) on…

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Binance Launches Lite Loan With No Liquidation for 30 Days

Key Takeaways Users can borrow up to 1,000 USDT against eligible BTC collateral. The initial 30-day term carries no price-triggered liquidation. Overdue balances face 36% annual penalty interest and liquidation risks. Binance Targets Smaller Borrowers With Fixed 30-Day Product On Aug. 4, Binance announced Lite Loan as a simplified borrowing product that lets eligible master-account…

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US Senators Target Wildfire Bets in New CFTC Rule Fight

Key Takeaways Nine Democratic senators asked the CFTC to prohibit wildfire event contracts by Aug. 14. Lawmakers cited $1.2M in trading tied to California’s 2025 Palisades and Eaton fires. Polymarket says the markets inform rather than exploit, and pulling them prevents nothing. Democratic Senators Want Wildfire Prediction Contracts Banned Over Arson Fears Nine U.S. senators…

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Bitgo Shifts WBTC Infrastructure to Chainlink in Security Push – Bitcoin News

Key Takeaways Bitgo picked Chainlink CCIP for $7.7B WBTC on Aug. 4, 2026. Chainlink replaces Layerzero as Bitgo’s exclusive cross-chain provider. Watch Bitgo migrate WBTC and future assets onto Chainlink CCIP. The crypto company said on Tuesday all future Bitgo-issued digital assets will also use Chainlink’s Cross-Chain Interoperability Protocol, or CCIP, by default. The decision…

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