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Bithumb ex-chairman could face 8 years prison over alleged $70M fraud

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The sentencing hearing is set for Dec. 20 and could see the former chairman of South Korean crypto exchange Bithumb behind bars for a maximum of eight years if found guilty.

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Coin Market

Phishing, deepfakes, supply chain attacks to fuel 2026’s biggest crypto hacks: CertiK

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CertiK has urged crypto users not to overlook basic security practices as major crypto hacks spiked in April.

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Coin Market

New York, Illinois sign EO banning state employees from prediction markets

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New York Governor Kathy Hochul criticized the Trump administration for not implementing any “meaningful ethical standards” to curb insider trading in prediction markets.

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Kalshi bans 3 US politicians for betting on their own election races

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Matt Klein, a sitting member of the Minnesota State Senate, said he made a bet out of curiosity, while Mark Moran claimed he wanted to see how Kalshi responds to insider trading activity.

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