Federal prosecutors allege the South Dakota investor used false promises to raise money, repaid earlier investors with new funds and laundered proceeds through crypto exchanges. A federal grand jury has indicted a South Dakota cryptocurrency investor on wire fraud, money laundering, bank fraud and aggravated identity theft charges over an alleged $20 million investment scheme, the US Department of Justice said Thursday. According to the indictment, 43-year-old Benjamin Paul Wiener persuaded people to invest money and digital assets with his companies by making false statements and fraudulent representations. Prosecutors allege Wiener used funds from new investors to repay earlier investors and cover personal expenses after existing funds were depleted. Read more
A macOS malware steals credentials to hijack Telegram sessions, decrypt cryptocurrency wallets or trick users into entering their wallet recovery phrases through fake applications. A macOS information-stealing malware can hijack Telegram Desktop sessions and compromise cryptocurrency wallets, according to blockchain security firm SlowMist. The malware harvests data from the macOS Keychain, Safari cookies, Apple Notes, Telegram Desktop and databases associated with more than a dozen cryptocurrency wallets. After collecting passwords and authenticated sessions, the malware copies users’ authenticated Telegram Desktop session data, wallet databases and browser wallet extension data. Read more
US spot Bitcoin ETFs attracted $79.2 million on Thursday, lifting their three-day inflow total to about $368 million as Bitcoin attempted a price recovery. US-listed spot Bitcoin exchange-traded funds (ETFs) recorded $79.2 million in net inflows on Thursday, extending their inflow streak to three consecutive trading sessions. The latest inflows followed $108 million on Wednesday and $181 million on Tuesday, bringing the three-day total to about $368 million, according to SoSoValue data. Cumulative net inflows into US spot Bitcoin ETFs climbed to $51.2 billion, while total assets under management rose to $77.7 billion. Read more
“Over time the economic incentives will drive $DOG Mode’s adoption and force Bitcoin Core to stop gatekeeping and allow these completely valid transactions,” said Leonidas. Bitcoin Ordinals developer Leonidas has proposed developing a new open-source Bitcoin client, aimed at removing restrictions affecting Runes and Ordinals transactions. In a post to X on Friday, Leonidas called the proposed client “Bitcoin $DOG Mode,” which would lift the maximum individual transaction size to 3.9 million weight units (WU), compared to Bitcoin Core’s 400,000 WU, and lower the dust limit to 1 satoshi (sats) from 294-546 sats. The changes would make it easier to send Ordinals inscriptions and Runes, which have been described as Bitcoin’s take on fungible and non-fungible tokens. Both have been controversial within the Bitcoin community, with critics arguing they amount to “spam” on the Bitcoin network. Read more
The launch gives Bybit a locally operated platform in one of Asia’s largest crypto markets, home to more than 21 million crypto exchange users. Crypto exchange Bybit announced Thursday it has launched a locally operated platform in Indonesia after acquiring a majority stake in digital asset firm PT Enkripsi Teknologi Handal, formerly known as NOBI. The deal saw NOBI rebranded as Bybit Indonesia. The crypto exchange said it plans to introduce its services in phases, starting with 500 cryptocurrency trading pairs. The exchange will be led by Lawrence Samantha, who will serve as CEO and Dionisius Evan, who serves as chief operating officer, both formerly senior executives at NOBI. Read more
The paid Truth API is aimed at high-frequency trading firms seeking “the fastest” access to market-moving Truth Social posts, including those from US President Donald Trump. Trump Media, the company that operates the Truth Social network, said Thursday it was launching a new paid-for API that gives Wall Street firms “the fastest” access to posts from the most influential Truth Social accounts, including US President Donald Trump. The API is targeted to be available to institutional customers from Aug. 1, 2026, and is aimed at high-frequency and algorithmic trading firms that require a low-latency, machine-readable feed, said the company on Thursday. “Markets already move on Truth Social posts,” said Kevin McGurn, interim CEO of TMTG in a statement. “Truth API delivers a direct, licensed, real-time feed of the platform’s most market-moving Truths while advancing our strategy to monetize proprietary assets through a high-margin, recurring revenue stream.” Read more