Crypto

• North Korean-linked hackers executed a $290 million cryptocurrency theft from Kelp DAO, marking the largest digital asset heist of the year and demonstrating persistent threats to blockchain platforms. • The attack underscores vulnerabilities in decentralized finance infrastructure and the sophistication of state-sponsored cybercriminal operations targeting crypto assets. • Security experts warn of escalating coordination between criminal groups and nation-state actors targeting high-value cryptocurrency holdings globally.

Justin Sun said World Liberty Financial built a ‘backdoor blacklisting function’ that froze his account. ‘We have the truth. See you in court,’ the company respondedSign up for the Breaking News US email to get newsletter alerts in your inboxThe largest investor in Donald Trump’s crypto venture has claimed that the firm “secretly” implemented a tool to unilaterally freeze his holdings of its cryptocurrency. He claimed the company could do the same to any other user.In posts on social media platform X on Sunday, crypto entrepreneur Justin Sun said, without offering evidence, that World Liberty Financial had embedded what he described as a “backdoor blacklisting function” in the blockchain-based contracts used for the WLFI tokens. Continue reading...

Promotion of ‘bitcoin treasury’ firm with Kwasi Kwarteng draws new attention to Reform leader’s relations with industryA thumping electronic beat provides the soundtrack to the video as Nigel Farage appears in front of a bank of screens.At first glance, it could be yet another of the Reform UK leader’s “second jobs” – whether promoting gold as a pension fallback or recording Cameo videos. And in a sense, it is: Farage is promoting a £2m cryptocurrency purchase by a company in which he has £215,000 invested, Stack BTC. Continue reading...

Delo, pardoned by Trump after violating US banking law, describes himself as champion of free speechA British billionaire convicted in the US for failing to implement adequate anti-money-laundering controls in his cryptocurrency business has given £4m to Nigel Farage’s Reform UK.Ben Delo, 42, who is now based in Hong Kong, wrote in the Telegraph that he had made the donation since the start of the year, before the government’s cap on donations to political parties by British citizens living abroad. Continue reading...

• Bitcoin and other cryptocurrencies experienced significant price fluctuations as geopolitical tensions surrounding the Iran conflict escalated, with investors reassessing risk exposure.

Fake X account posing as his vet sparked global false reports of Jonathan’s death while soliciting crypto donationsAt 194 years old, Jonathan, the giant tortoise, was a youngster when Queen Victoria ascended to the throne – and has now lived long enough to fall victim to a crypto scam.News outlets including the BBC, Daily Mail and USA Today falsely reported his death after an X account posing as Jonathan’s vet broke the news. Continue reading...

• Senators Thom Tillis (R-NC) and Angela Alsobrooks (D-MD) announced an 'agreement in principle' with the White House on stablecoin yield payments in crypto market structure legislation on March 28, 2026. • The non-public text addresses key issues for Senate Banking Committee markup in April, following talks with banking and crypto industry stakeholders. • Coinbase expressed opposition to the proposed language, potentially impacting final negotiations.

Government review also recommends donations from Britons abroad be capped potentially at £300,000 a yearUK politics live – latest updatesPolitical funding from British citizens living abroad should be capped at between £100,000 and £300,000 a year and donations in cryptocurrency temporarily banned, a government review has recommended.The findings by Philip Rycroft, a former permanent secretary at the Home Office, will be a blow to Reform UK, which has received about £12m in the last year from the Thai-based investor Christopher Harborne and other donations from a number of donors based in Monaco. Continue reading...

Ministers will publish review by Philip Rycroft, which will make recommendations relevant to all the political parties, todayGood morning. In December the government announced that Philip Rycroft, a former permanent secretary at the Brexit department, will lead a review into foreign financial interference into UK politics. The review is being published today, and it will include recommendations that we’re told the government will implement as a priority.The review will make recommendations relevant to all the political parties, but no one in government is trying very hard to pretend that one party in particular isn’t the main focus. Rycroft was hired for the job soon after Nathan Gill, the former Reform UK leader in Wales, was sentenced to 10 and a half years in jail for taking bribes to spout pro-Russian propaganda. Nigel Farage, the Reform UK leader, dismissed Gill as a one-off bad apple, but other Brexit party MEPs gave pro-Russian speeches similar to Gill’s. Reform UK is the Brexit party under a new name. Continue reading...

Fintech company’s profits leap to £1.7bn as it gears up for US push after getting UK banking licence this month Business live – latest updatesThe UK banking app Revolut has said it could face a backlash over its support for energy-intensive sectors such as crypto and AI, as it posted a 57% increase in annual profits.The fintech, which can now launch as a fully fledged UK bank after a five-year wait for regulatory approval, warned in its 2025 results that such activities posed a “reputational risk”. Continue reading...

• Bitcoin reached $70,599.53 at 9:15 a.m. ET on March 23, 2026, up $1,801.64 from yesterday but down $15,460 year-over-year. • The increase reflects broader crypto market dynamics amid volatility, outperforming stocks long-term despite risks. • Recent coverage highlights Kalshi's $22 billion valuation edging Polymarket and discussions on crypto's White House access via memecoins.

Regulators narrow securities definitions – a shift that could benefit Trump family’s crypto projectsSign up for the Breaking News US email to get newsletter alerts in your inboxOn Tuesday, major US financial regulators published rules for the cryptocurrency industry that may reduce regulatory requirements and that insiders believe will benefit the Trump family’s ventures.The Securities and Exchange Commission (SEC) issued new guidelines for the cryptocurrency industry to answer the longstanding question of what does or does not qualify as a security, a classification that entails strict oversight. SEC chair, Paul Atkins, has dubbed the framework a “token taxonomy” for the sector. Published jointly with the Commodity Futures Trading Commission (CFTC), the guidelines classify most of crypto-based assets as commodities, collectibles, payment tokens or “digital tools”, exempting them from the SEC’s more stringent oversight and disclosure requirements. Only blockchain-based representations of existing securities, such as stocks and bonds, remain classified as securities under this new framework. Continue reading...

• Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) announced a tentative agreement with White House officials Friday on cryptocurrency legislation addressing the clash between banks and digital asset firms over stablecoin yield payments. • The agreement aims to bar yield payments 'on a passive balance' to prevent deposit flight from traditional bank accounts to cryptocurrency platforms, addressing Wall Street concerns about customer capital migration. • The breakthrough could unblock landmark crypto regulatory legislation stalled in Senate Banking Committee since January and represents potential progress toward comprehensive digital asset framework.

• Negotiations on stablecoin yield provisions in the Senate crypto market structure bill have reached 99% resolution, with remaining friction being political rather than technical, according to Senator Cynthia Lummis. • The Senate Banking Committee markup is expected in late April, which creates a narrow window for the bill to complete all five sequential steps before the midterm election cycle begins dominating the floor calendar. • Senator Bernie Moreno warned that if the bill does not advance by May, digital asset legislation may not receive serious consideration again for years, creating urgency for passage.

Cryptocurrency’s biggest Pac spent more than $10m for their candidates, only to be defeated by those who are anti-cryptoSign up for the Breaking News US email to get newsletter alerts in your inboxThe cryptocurrency industry spent big and lost often in this week’s Illinois primaries.As the industry prepares to make massive donations in the 2026 midterm elections to replicate its success in 2024, the Illinois losses mark an early setback for firms that are trying to establish themselves as power players in American politics. Continue reading...

Cameo videos produced by the Reform UK leader were used to drum up interest in obscure memecoinsNewly unearthed Nigel Farage videos reveal support for rioter, neo-Nazi event and far-right slogansNigel Farage has profited by producing Cameo videos that endorsed or provided support to cryptocurrencies which later collapsed in value.The videos were discovered by the Guardian within a collection of more than 4,000 clips he has created on the Cameo platform, which allows public figures and celebrities to sell personalised recorded messages to members of the public. Continue reading...

SEC now classifies crypto into five categories, with securities laws only applicable to one: digital securitiesThe US Securities and Exchange Commission (SEC) on Tuesday issued an interpretation clarifying which types of cryptocurrencies are considered securities and how a “non-security” digital asset could meet certain conditions to become an investment contract.The SEC’s new interpretation – which the US Commodity Futures Trading Commission also joined – classifies crypto tokens into five categories: digital commodities, digital collectibles, digital tools, stablecoins and digital securities, with the agency specifying that federal securities laws only apply to digital securities. Continue reading...

Pardoned by Trump after violating US banking law, Ben Delo provides funding, networking, and podcasting space for a range of groups, including those with hardline views on migration and abortionA British billionaire convicted in the US for failing to implement adequate money-laundering controls on his cryptocurrency business is funding a political base in the heart of Westminster used by “anti-woke” and rightwing activists.Ben Delo, 42, who was pardoned by Donald Trump last year, has given support in kind to Rupert Lowe, the anti-migration MP challenging Nigel Farage from the right – while also connecting with mainstream figures including the Conservative leader Kemi Badenoch and former cabinet minister Michael Gove. Continue reading...

MARA Holdings jumped more than 12% on March 13, 2026, driven by renewed interest in digital asset mining amid broader market volatility. Crypto-related firms outperformed as AI, semiconductors, and EV stocks showed mixed resilience, with Intel up 1.7% on chip production optimism and NIO rising 4%. This momentum underscores investor rotation toward high-growth sectors despite S&P 500's weekly 1.1% decline. Traders eye sustained crypto interest if oil stabilizes over the weekend.