News linked to both this project and an event.
Odaily News: Spanish police have arrested a 16-year-old Romanian national in Alicante on suspicion of being the administrator and primary operator of the KillSec ransomware group. Europol stated that law enforcement agencies have seized control of the group's servers and leak site, and preserved at least 110 TB of stolen data.The operation involved searches at 8 residences across Spain, Greece, Romania, and the United Kingdom, investigating approximately 1,000 suspected attacks worldwide, of which about 500 have been confirmed successful. Two other suspects in their 20s were arrested in the UK and Romania respectively, while a Dutch national residing in the UK was indicted and arrested in Puerto Rico, awaiting extradition.KillSec has been active since around 2024, often demanding ransoms in cryptocurrency and carrying out double extortion through encrypted servers and threats to publish stolen data. Investigators are tracing the group's proceeds, including cryptocurrency; Europol's European Cybercrime Centre provided cryptocurrency tracing and digital forensics support. (Decrypt)
Bitget Chief Legal Officer Hon Ng has released an open letter on the occasion of the platform's eighth anniversary. As the platform continues to evolve into a Universal Exchange (UEX), Bitget has further upgraded its Proof of Reserves (PoR) system, expanding the scope of verifiable assets from four original cryptocurrencies to 19 major assets. Data shows that as of September 2026, Bitget has consecutively published 46 PoR reports. In his letter, Hon Ng noted, "Growth and responsibility are never two separate pursuits." As the platform's scale, asset categories, and market boundaries continue to expand, security, transparency, and compliance standards must also be upgraded in tandem. "Making trust visible and verifiable remains a cornerstone of Bitget's commitment to long-termism." On the security front, account-level protections cover 2FA, FIDO2, WebAuthn Passkeys, and anti-phishing codes, while platform security mechanisms integrate withdrawal protection, anomaly detection, and anti-fraud systems, providing backend safeguards for every user interaction. The Market Order & Token Responsibility Framework introduced this year further strengthens continuous monitoring and risk management of listed assets, project teams, and market makers. By continuously optimizing mechanisms and enhancing transparency, it maintains a fair and orderly trading environment. From a compliance perspective, Bitget has secured corresponding registrations, licenses, or regulatory approvals in multiple jurisdictions, including Argentina, Australia, New Zealand, Switzerland, and the United Kingdom, and holds
Bitget Chief Legal Officer Hon Ng has published an open letter on the occasion of the platform's 8th anniversary. As the platform continues to evolve toward a Universal Exchange (UEX), Bitget has further upgraded its Proof of Reserves (PoR) system, expanding the scope of verifiable assets from the original 4 cryptocurrencies to 19 major assets. Data shows that as of September 2026, Bitget has published 46 consecutive PoR reports. In the letter, Hon Ng noted, "Growth and responsibility have never been two separate things." As the platform's scale, asset categories, and market boundaries continue to expand, security, transparency, and compliance standards must also be upgraded in tandem. "Making trust visible and verifiable has always been an important cornerstone of Bitget's commitment to long-termism."On the security front, the account level covers 2FA, FIDO2, WebAuthn Passkeys, and anti-phishing codes, while the platform's security mechanisms integrate withdrawal protection, abnormal behavior detection, and anti-fraud systems, providing back-end safeguards for every user operation. The "Market Order and Token Responsibility Framework" launched this year further strengthened continuous monitoring and risk management of listed assets, project teams, and market makers. Through ongoing mechanism optimization and transparency initiatives, the platform continues to maintain a fair and orderly trading environment.On the compliance front, Bitget has obtained corresponding registrations, licenses, or regulatory approvals in multiple jurisdictions, including Argentina, Australia, New Zealand, Switzerland, and the United Kingdom, and continues to improve its compliance systems, including KYC, KYB, AML, CFT, and sanctions list screening, to adapt to the regulatory requirements of different markets and asset categories.
AMC Entertainment CEO Adam Aron stated that Robinhood is clearly pushing a "tokenized real-world assets (including stock tokens)" initiative involving AMC Entertainment and allegedly more than 190 other companies, which have not been registered under U.S. securities laws, calling the move "disgraceful, outrageous, and disgusting." Aron emphasized that AMC has no connection to the matter and does not endorse it in any way, adding that the company will immediately engage external securities legal counsel for a review. According to Robinhood's filings, the stock tokens are not registered under U.S. securities laws and may not be offered, sold, or delivered within the United States or to U.S. persons, and remain restricted in jurisdictions including Canada, the United Kingdom, and Switzerland.
Odaily News: Payment company Visa is seeking settlement and over-the-counter (OTC) trading partners with cryptocurrency exchange licenses in the United States, Canada, the United Kingdom, and Singapore. The partner will also be responsible for settlement of the newly launched Open USD stablecoin project, which plans to support multiple stablecoins. (CoinDesk)
Odaily News – Regulators from the United States and the United Kingdom, at the 13th US-UK Financial Regulatory Working Group meeting held in London on July 8, reaffirmed their commitment to strengthening financial regulatory cooperation. The two sides discussed stablecoin regulation, the US digital asset market structure, tokenization, and the UK's digital strategy for the wholesale financial market. A joint statement released on August 4 showed that US officials briefed the UK side on the progress of the GENIUS Act implementation and work related to the digital asset market structure. Participants also discussed payment modernization and the G20 cross-border payments roadmap, which aims to improve cross-border payments. The meeting did not yield new policy measures. Both sides stated that they would coordinate regulation in key areas of the digital asset industry and support responsible digital asset innovation within the framework of financial stability and international regulatory cooperation. On July 14, the Transatlantic Taskforce for Markets of the Future, a joint US-UK initiative focused on financial innovation and capital market cooperation, released preliminary recommendations and simultaneously issued a joint statement on stablecoins. The two governments stated that these measures would lay the foundation for continued cooperation between the US and the UK in the digital asset and capital market sectors.
Odaily News Digital asset prime broker FalconX has laid off approximately 10% of its global workforce. Before the layoffs, FalconX had around 350 employees across the United States, the United Kingdom, Singapore, and Hong Kong. FalconX is adjusting its Singapore strategy, shifting focus toward crypto derivatives trading, and plans to withdraw its local license application submitted to the Monetary Authority of Singapore. The company intends to maintain its Asian business presence while expanding its European operations.
the United States, the European Union, and the United Kingdom have jointly announced sanctions against a group of individuals involved in state-sponsored hacking organizations, cybercriminal groups, and their infrastructure providers. The targets are accused of causing billions of dollars in losses to global enterprises, critical infrastructure, and government agencies. Among them, the most notable is the EU's sanction against Russian cybercriminal Vitaly Nikolayevich Kovalev, also known as "Stern." The EU identified Stern as one of the core managers of the notorious Trickbot Group ransomware syndicate, which is behind high-risk ransomware variants such as Conti ransomware and Ryuk.On-chain analysis shows that wallet addresses linked to Stern have collectively received over $300 million in ransom payments, potentially making him the most prolific ransomware operator ever identified.According to the analysis, the $300 million figure represents only Stern's personal gains, while the total illicit income of the Trickbot Group could be significantly higher. On-chain fund flows indicate that Stern had transactional ties with multiple ransomware ecosystems, including Ryuk, Conti, Diavol, Karakurt, Royal, and Quantum.The investigation reveals that Stern played a role similar to a "CEO" within the Trickbot organization, responsible for budget management, personnel recruitment, infrastructure procurement, and attack planning. (Chainalysis)