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Cypher announces recovery plan, says it will ‘socialize’ losses in initial stage

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Cypher announced that losses from its exploit will be distributed among users in an initial stage, then compensated through protocol revenue when the platform relaunches.

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Coin Market

Lazarus-linked macOS malware hits crypto and fintech firms

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Security researchers linked a new “Mach-O Man” malware kit to a Lazarus campaign that uses fake meeting invites and ClickFix prompts to steal credentials and access corporate systems on macOS.

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Europe’s MiCA regime puts smaller crypto firms under pressure

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Smaller crypto companies across Europe face mounting compliance costs as MiCA moves from framework to enforcement, raising fears of market consolidation.

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UK cracks down on illegal peer-to-peer crypto trading in nationwide raids

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The Financial Conduct Authority has raided eight locations suspected of illegal peer-to-peer crypto trading, issuing cease-and-desist orders.

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