South African authorities oppose bail for Ziyadh Hoorzook, accused of donating bitcoin to a terrorist organization, as the country intensifies efforts to combat terrorism financing and improve financial compliance amid FATF scrutiny. Ziyadh Hoorzook Faces Allegations of Funding Terrorism through Bitcoin Donation South African law enforcement is opposing bail for Ziyadh Hoorzook, who is accused…

Bank of Namibia grants provisional licenses to Mindex Virtual Asset Exchange and Landifa Bitcoin Trade under the Virtual Asset Act of 2023, marking a step toward regulated cryptocurrency operations. Bank of Namibia Takes a Step Toward Cryptocurrency Regulation The Bank of Namibia announced on January 13, 2025, that it has granted provisional authorization to two…

Litecoin LTC surges 14.6% in 24 hours, reaching $119.17 per coin. Will it continue its growth trajectory in the competitive crypto market? Litecoin LTC Achieves Significant Gains in 24 Hours Litecoin LTC has surged by 14.6% in the past 24 hours, reaching $119.17 per coin as of Thursday morning. This increase places its market capitalization…

South Korea’s new crypto law targets rapid price manipulation as the Financial Services Commission reports the first suspect under the Virtual Asset User Protection Act. South Korea Enforces New Crypto Law Against Price Manipulation South Korea has reported its first case under the Virtual Asset User Protection Act, accusing an individual of manipulating cryptocurrency prices.…

Federal court ruling returns $9 billion in bitcoin to Bitfinex following the 2016 hack. Learn more about the restitution process and claim deadline. Federal Court Decision Marks Major Step Toward Cryptocurrency Restitution A U.S. federal court has ruled that 94,643 bitcoins, valued at over $9 billion, will be returned to Bitfinex, following a voluntary restitution…

Telegram Malware attacks have upended traditional phishing attacks as the main boogeyman in the crypto industry at the moment.  A mini report by Scam Sniffer, a trusted source on Web 3 security revealed that Telegram Malware attacks surged by a whopping 2000% from November 2024 to January 2025.  Scam Sniffer in an X thread explained…

Tether has filed a lawsuit against Swan Bitcoin in the UK High Court, citing breaches of agreements. Learn about the escalating legal dispute and its implications for the cryptocurrency industry. Legal Dispute Highlights Growing Tensions in the Crypto Sector Tether, the world’s largest stablecoin issuer, has reportedly filed a lawsuit against Swan Bitcoin in the…

United States citizens who buy and sell digital assets will have their transactions screened by the Internal Revenue Service (IRS) starting this year.  The new development follows the IRS’s initiative to create a third-party reporting system for crypto transactions conducted on centralized exchanges in the US.  Centralized exchanges like Coinbase and Gemini will send transaction…

The SEC appeals the XRP ruling, challenging retail investor classifications. Ripple dismisses the move as repetitive and signals confidence in thriving despite ongoing litigation. The U.S. Securities and Exchange Commission (SEC) has escalated its legal battle against Ripple Labs, filing an appeal to challenge a recent district court ruling on XRP token classifications. The SEC’s…