US officials seized $24 million in crypto and charged Russian developer Rustam Gallyamov for running Qakbot.

The US Department of Justice (DOJ) has filed a civil forfeiture complaint to seize more than $24 million in cryptocurrency from Rustam Rafailevich Gallyamov, a Russian national accused of developing the Qakbot malware. According to a May 22 announcement, the DOJ unsealed charges against the 48-year-old Moscovite with a federal indictment. Gallyamov is allegedly the malware developer behind … Read more

Changpeng Zhao Alleges Wall Street Journal Takes Money for Discrediting Binance

Key Points: Changpeng Zhao accuses WSJ of monetary influence. Market impact involves both criticism and support. BNB shows resilience amid media scrutiny. Changpeng Zhao, founder of Binance, alleges that the Wall Street Journal took funds to discredit the company, sparking significant reactions in the crypto community. This event highlights ongoing tensions between Binance and media … Read more

Cointelegraph Bitcoin & Ethereum Blockchain News

Understanding the Curve Finance DNS hijacking On May 12, 2025, at 20:55 UTC, hackers hijacked the “.fi” domain name system (DNS) of Curve Finance after managing to access the registrar. They began sending its users to a malicious website, attempting to drain their wallets. This was the second attack on Curve Finance’s infrastructure in a … Read more

Are Bitcoin Long-Term Holders Starting to Sell?

Bitcoin Magazine Are Bitcoin Long-Term Holders Starting to Sell? After a volatile start to 2025, Bitcoin has now reclaimed the $100,000 mark, setting a new all-time high and injecting renewed confidence into the market. But as prices soar, a critical question arises: are some of Bitcoin’s most experienced and successful holders, the long-term investors, starting … Read more

US Banking Giants Quietly Explore Launching Joint Crypto Stablecoin To Compete With USDT, USDC ⋆ ZyCrypto

Major U.S. banks are weighing forming a potential consortium to issue a joint stablecoin to challenge the dominance of Tether and Circle’s stranglehold over the ballooning $245 billion stablecoin market. Wall Street Banks In Early Talks For Joint Stablecoin Venture According to a Wall Street Journal report, talks are ongoing between financial heavyweights, including JPMorgan … Read more

Solana price fractal targets rally to $260, but one thing must happen first — Analysts

Key takeaways: After briefly dropping to $160 from $184, Solana (SOL) is attempting to reclaim a position above its key resistance at $180 for a second consecutive week. With Bitcoin (BTC) hitting an all-time high, market speculators are banking on eventual capital rotation, which could pump major altcoins like SOL toward new highs. Solana shows … Read more

Solana Faces Stiff Challenges While Lightchain AI Charts an Exciting New Path

PRESS RELEASE. The cryptocurrency space is shifting fast, and the landscape is never short of groundbreaking developments. While Solana ( SOL) has enjoyed explosive growth in the past, the cracks are starting to show. Solana’s lack of utility beyond meme coins is raising concerns among seasoned investors, and its trajectory seems increasingly uncertain. Meanwhile, an … Read more