Crypto News

The US Senate is expected to pass a bill next week setting clearer regulatory rules for crypto assets. That could give crypto businesses and investors more legal certainty about how the market is governed. Collapse description

ETH/USDT

Ethereum rose 1.8% as hopes grow for a Senate vote on the CLARITY Act next week. ETF inflows and solid chart support keep traders cautiously optimistic. Collapse description

Cybersecurity firm Kaspersky identified malicious software spread through fake versions of crypto trading bots, portfolio trackers and wallet tools on GitHub. Once installed, it can replace copied wallet addresses with attackers’ addresses and steal private keys, putting people’s cryptocurrency at risk. Collapse description

Former House Financial Services Committee Chairman Patrick McHenry backed the CLARITY Act, a bill setting federal rules for blockchain and digital-currency businesses, saying it could attract investment and talent to the U.S. The bill is moving through Congress, and McHenry compared it with the 1996 telecom law, arguing that clear rules and consumer protections helped the internet industry grow. Collapse description

The SEC has quietly scheduled a rule to allow startups to sell tokens without registration, potentially legalizing token sales starting in July. This indicates a more crypto-friendly regulatory approach despite uncertainty if the bill will pass. Collapse description

Security firm SlowMist says a new macOS malware campaign steals Telegram login details and tries to decrypt crypto-wallet private keys, while fake apps and update prompts trick users into giving up recovery phrases. A hijacked Telegram session can expose private messages and two-step verification codes, while a stolen recovery phrase lets attackers drain the crypto wallet from any device. Collapse description

A Taiwanese court sentenced the mastermind behind BitShine, a crypto exchange, to 22 years for fraud and organized crime after the group promised investors high returns, pocketed their deposits and caused roughly $39 million in losses. The case shows that registration with Taiwan’s Financial Supervisory Commission did not guarantee BitShine was trustworthy. Collapse description

A UK gang pretended to be police officers and created fake police websites to steal cryptocurrency from eight victims, taking more than £4 million (about $5.4 million). Gang members were jailed for the scam, showing how fake official websites can be used to target cryptocurrency owners. Collapse description

BTC/USDT

US spot Bitcoin ETFs saw $79.2 million inflows on Thursday, continuing a three-day streak totaling about $368 million as Bitcoin attempted a price recovery. This indicates growing institutional demand through ETF products. Collapse description

BTC/USDT

Billionaire Grant Cardone’s firm bought 10.5 Bitcoin, bringing its total holdings above 2,700 Bitcoin. The purchase indicates continued buying of Bitcoin by large investment firms. Collapse description

A UK government-backed review says magistrates and judges are unprepared for a coming rise in cases involving digital currencies used to launder money and fraud enabled by artificial intelligence. It calls for specialized training so courts can handle these threats. Collapse description