BitMEX faces proposed class action seeking return of 622 BTC

BitMEX faces proposed class action seeking return of 622 BTC

BitMEX is facing a proposed class action lawsuit in the Southern District of New York seeking the return of 622.66 BTC over allegations of forced liquidations and platform misconduct. The complaint was filed on July 23, 2026 by BKX Services Inc. and David Namdar against HDR Global Trading Limited, Arthur Hayes, Benjamin Delo, Samuel Reed … Read more

EU authorities include HTX exchange in Russian sanctions

EU authorities include HTX exchange in Russian sanctions

The exchange, already sanctioned by the United Kingdom, is now on a list of 18 entities “providing crypto-asset services or payment services”, in defiance of EU measures against Russia. The European Union has listed cryptocurrency exchange HTX, formerly Huobi Global, as part of a package of sanctions targeting Russia over that country’s war against Ukraine. … Read more

Elliptical report shows how Bitcoin ATM scams are moving from cash to on-chain wallets

Elliptical report shows how Bitcoin ATM scams are moving from cash to on-chain wallets

Elliptic has released a new report explaining how Bitcoin ATM scams work, and the most useful part isn’t the usual warning that scammers exist. This is the path of transactions. The report describes how fraudsters manipulate victims, often elderly people, into depositing money into physical crypto kiosks. Once the money is converted into crypto, the … Read more

Indian IFF calls BitChat removal from GitHub unconstitutional

Indian IFF calls BitChat removal from GitHub unconstitutional

India’s Internet Freedom Foundation (IFF) has condemned a government order directing GitHub to remove repositories for Jack Dorsey’s decentralized messaging app BitChat, calling the move unconstitutional and warning that it threatens free speech and open source software. THE statement came a day after India’s cybercrime agency ordered GitHub to disable access to three BitChat repositories … Read more

Kraken’s UK setup shows why crypto regulation is more complicated than simple licensing

Kraken’s UK setup shows why crypto regulation is more complicated than simple licensing

Kraken’s presence in the UK is a good example of how crypto regulation actually works in practice: not as a broad endorsement, but as a patchwork of registrations, authorizations, services and limits. The exchange operates in the UK through several entities regulated by the FCA. Payward Limited is listed as a registered cryptoasset business for … Read more

Bitcoin ETFs record seven-day inflow streak with $225 million in outflows

Bitcoin ETFs record seven-day inflow streak with 5 million in outflows

After attracting nearly $1 billion over seven trading sessions, U.S.-listed spot Bitcoin ETFs recorded their first daily net outflow since July 13. U.S.-listed Bitcoin exchange-traded funds (ETFs) ended a seven-session inflow streak on Thursday, marking their first day of net outflows since July 13. Spot Bitcoin ETFs saw $225.2 million in net outflows on Thursday, … Read more