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Alleged $165M crypto Ponzi mastermind faces US charges after Fiji deportation

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Prosecutors allege Edward Zimbardi collected crypto from thousands of investors, lost over $34 million on currency trades and spent at least $10 million personally.

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Coin Market

South Korea moves to block Polymarket over gambling concerns

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The Korea Media and Communications Commission said Polymarket’s structure and operations amount to illegal gambling despite its noncustodial design and smart contracts.

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China adds 8 banks to digital yuan network as operator count hits 30

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The newly authorized lenders will begin offering e-CNY services after completing operational and technical preparations.

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BitBox patches ‘severe’ wallet flaws that could put funds at risk

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BitBox recommended all users update to firmware version 9.26.5 and said it had received no reports of exploitation or fund losses.

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