Crypto News

BTC/USDT

BlackRock’s spot Bitcoin and Ethereum investment funds attracted nearly $350 million in net inflows, meaning more money entered the funds than left them. The inflows suggest institutions continue to seek exposure to Bitcoin and Ethereum. Collapse description

Wall Street's $128 billion private credit exposure is showing signs of stress, with many business development companies reporting losses due to loan markdowns and rising borrowing costs. Despite major banks claiming the risks are contained, the losses could pose broader financial pressure. Collapse description

Spreadefi, a crypto platform that lets users manage digital assets without a traditional intermediary, is facing questions about how it operates, who supports it and what safeguards protect users. No fraud finding or enforcement action has been reported, but unclear information could make users hesitate and cause funds to leave if confidence falls. Collapse description

South Korea's financial authorities identified 25 suspects involved in crypto market manipulation since the Virtual Asset Investor Protection Act took effect, with average illicit gains of around $1 million. The law aims to combat unfair trading methods including price manipulation and banning fraudulent practices. Collapse description

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

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

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